Technical analysis - Page 230

• EURAUD broke resistance zone • Likely to rise to resistance level 1.6125 EURAUD currency pair recently broke the resistance zone lying between the key resistance level 1.5950 (which has been reversing the pair from January) and the 61.8% Fibonacci correction.

• EURUSD reversed from support zone • Likely to rise to resistance level 1.1470 EURUSD currency pair recently reversed up sharply from the support zone lying between the major support level 1.12 (which has been reversing the pair from the middle.

• FTSE100 reversed from resistance zone • Likely to fall to support level 7500.00 FTSE100 index recently reversed down from the resistance zone lying between the key resistance level 7600.00 (which has been reversing the index from the middle of January).

• Dow Jones reversed from support zone • Likely to rise to resistance level 36400 Dow Jones index recently reversed up with the weekly Hammer from the support zone lying between the key support level 33425.00 (which has been reversing the.

• Natural gas broke resistance zone • Likely to rise to resistance level 5.50 Natural gas recently broke the resistance zone lying between the key resistance level 4.500 (top of the previous impulse wave 1) and the 50% Fibonacci correction of the.

• Boeing reversed from powerful support level 186.70 • Likely to rise to resistance level 210.00 Boeing recently reversed up with the daily Morning Star from the support zone set between the powerful support level 186.70 (which has been reversing.

• Alibaba reversed from support zone • Likely to rise to resistance level 135.90 Alibaba recently reversed up with two Dojis from the support zone lying between the key support level 116.00 (which has been reversing the pair from the start of.

• Tesco broke resistance level 2.9670 • Likely to rise to resistance level 3.050 Tesco recently broke above the key resistance level 2.9670 (which stopped the previous short-term impulse wave 1 at the start of January) The breakout of the.

• Natural gas broke resistance zone • Likely to rise to resistance level 5.000 Natural gas recently broke the resistance zone lying between the key resistance level 4.400 (which stopped the previous impulse wave (1)) and the 50% Fibonacci correction.

• EURCAD reversed from support zone • Likely to rise to resistance level 1.4350 EURCAD recently reversed up once again from the support zone lying between the key support level 1.4176 (which has been reversing the price from November) and.

• GBPJPY reversed from support level 153.00 • Likely to rise to resistance level 155.00 GBPJPY currency pair recently reversed up from the key support level 153.00 standing near the lower daily Bollinger Band and the 50% Fibonacci correction of.

• FTSE reversed from support level 7400.00 • Likely to rise to resistance level 7635.00 FTSE index continues to rise after the index reversed up from the key support level 7400.00 (former top of waves 1 and (i) from November.