Technical analysis - Page 173

• WTI crude oil reversed from support level 64.40 • Likely to rise to resistance level 73.20 WTI crude oil recently reversed up from the powerful support level 64.40 (which has been reversing the price from the middle of May)..

• EURCAD broke resistance level 1.4760 • Likely to rise to resistance level 1.4925 EURCAD currency pair recently broke above the resistance level 1.4760 (top of the previous minor impulse wave (i) from the start of March). The breakout of.

• Gold under bearish pressure • Likely to fall to support level 1900.00 Gold under the bearish pressure after the earlier downward reversal from the round resistance level 2000.00 (likely upward target set in our previous forecast for this precious.

• GBPNZD broke resistance level 1.9650 • Likely to rise to resistance level 2.0000 GBPNZD recently broke the resistance level 1.9650 (earlier strong resistance from February) standing close to the 50% Fibonacci correction of the downward ABC correction from the.

• EURCHF broke resistance level 0.9850 • Likely to rise to resistance level 1.0000 EURCHF recently broke the resistance level 0.9850 (former support from February) intersecting with the 50% Fibonacci correction of the downward impulse 1 from the start of.

• EURNZD reversed from round support level 1.7000 • Likely to rise to resistance level 1.7200 EURNZD recently reversed up from the round support level 1.7000 (former resistance from December and January, acting as the support after it was broken.

• CADCHF reversed from key resistance level 0.6775 • Likely to fall to support level 0.6700 CADCHF recently reversed down from the key resistance level 0.6775 (former lower boundary of the sideways price range from December, acting as the resistance.

• Palladium reversed from resistance level 1515.40 • Likely to fall to support level 1350.00 Palladium recently reversed down from the pivotal resistance level 1515.40 (which has reversed the price multiple times from the middle of February). The downward reversal.

      • Gold broke key resistance level 1950.00 • Likely to rise to resistance level 2000.00 Gold just broke above the key resistance level 1950.00 (previous Double Top from the end of January, which stopped the previous waves (iii) and.

• EURJPY reversed from round support level 140.00 • Likely to rise to resistance level 142.65 EURJPY currency pair recently reversed up from the round support level 140.00 (previous Double Bottom from the start of February). The support level 140.00.

• NZDJPY reversed from support level 81.20 • Likely to rise to resistance level 83.00 NZDJPY currency pair recently reversed up from the key support level 81.20 (lower boundary of the wide sideways price range inside which the price has.

• Dow Jones reversed from support level 31800.00 • Likely to rise to resistance level 32500.00 Dow Jones recently reversed up from the key support level 31800.00 (previous monthly low from November) intersecting with the lower daily Bollinger Band. The.