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Technical analysis - Page 166


Gold Wave Analysis – 16 May 2023
Gold Wave Analysis – 16 May 2023.

   • Gold reversed from long-term resistance level 2070.00 • Likely to fall to support level 1966.00 Gold recently reversed down from the strong, long-term resistance level 2070.00 (previous yearly high from 2020 and 2022). The resistance level 2070.00 was.

EURJPY Wave Analysis – 16 May 2023
EURJPY Wave Analysis – 16 May 2023.

  • EURJPY reversed from support level 146.50 • Likely to rise to resistance level 149.00 EURJPY recently reversed up from the key support level 146.50 (former strong resistance from November and December). The upward reversal from the support level.

CHFJPY Wave Analysis – 15 May 2023
CHFJPY Wave Analysis – 15 May 2023.

• CHFJPY reversed from support level 150.00 • Likely to rise to resistance level 153.7 CHFJPY recently reversed up from the pivotal support level 150.00 (former strong resistance from September and October). The support level 150.00 was strengthened by the.

GBPJPY Wave Analysis – 15 May 2023
GBPJPY Wave Analysis – 15 May 2023.

• GBPJPY reversed from support level 168.25 • Likely to rise to resistance level 171.10 GBPJPY recently reversed up from the key support level 168.25 (low of the previous minor correction a) intersecting with the 20-day moving average and the.

Silver Wave Analysis – 12 May 2023
Silver Wave Analysis – 12 May 2023.

      • Silver under bearish pressure • Likely to fall to support level 23.50 Silver under the bearish pressure after the price broke the pivotal support level 24.5 (former strong resistance from January and February) intersecting with the 38.2 Fibonacci.

USDCAD Wave Analysis – 12 May 2023
USDCAD Wave Analysis – 12 May 2023.

   • USDCAD broke resistance level 1.3500 • Likely to rise to resistance level 1.3625 USDCAD currency pair under the bullish pressure after the earlier breakout of the resistance level 1.3500 intersecting with the 38.2 Fibonacci correction of the previous.

NZDCHF Wave Analysis – 12 May 2023
NZDCHF Wave Analysis – 12 May 2023.

• NZDCHF reversed from resistance level 0.5635 • Likely to fall to support level 0.5500 NZDCHF currency pair recently reversed down from the key resistance level 0.5635 (former strong support from the start of March), intersecting with the upper daily.

Sterling Wave Analysis – 11 May 2023
Sterling Wave Analysis – 11 May 2023.

     • Sterling reversed from resistance level 1.2640 • Likely to fall to support level 1.2400 Sterling under the bearish pressure after the price reversed down from the long-term resistance level 1.2640 (former top of the weekly correction 4 from.

AUDUSD Wave Analysis – 11 May 2023
AUDUSD Wave Analysis – 11 May 2023.

• AUDUSD reversed from resistance level 0.6765 • Likely to fall to support level 0.6650 AUDUSD currency pair recently reversed down from the pivotal resistance level 0.6765 (which has been steadily reversing the price from the start of March). The.

Platinum Wave Analysis – 11 May 2023
Platinum Wave Analysis – 11 May 2023.

  • Platinum reversed from resistance level 1125.00 • Likely to fall to support level 1080.00 Platinum recently reversed down from the major resistance level 1125.00 (which stopped the previous sharp upward impulse in April), strengthened by the nearby upper.

CADJPY Wave Analysis – 10 May 2023
CADJPY Wave Analysis – 10 May 2023.

• CADJPY reversed from pivotal resistance level 101.00 • Likely to fall to support level 99,00 CADJPY earlier reversed down once again from the pivotal resistance level 101.00 (which has reversed the pair multiple times from December), strengthened by the.

USDCAD Wave Analysis – 10 May 2023
USDCAD Wave Analysis – 10 May 2023.

• USDCAD reversed from support level 1.3310 • Likely to rise to resistance level 1.3500 USDCAD recently reversed up from the key support level 1.3310 (which has been steadily reversing the price from November). The support level 1.3310 was further.

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