Technical analysis - Page 247

• USDCAD broke resistance zone• Likely to rise to resistance level 1.2550 USDCAD recently broke the resistance zone located between the key resistance level 1.2475 and the resistance trendline of the daily resistance trendline from April. The breakout of this.

• WTI crude oil reversed from resistance zone• Likely to fall to support level 69.20 WTI crude oil recently reversed down with the daily Bearish Engulfing from the resistance zone located between the resistance support level 76.00 and the upper.

• EURCAD reversed from support zone• Likely to rise to resistance level 1.4820 EURCAD currency pair recently reversed up from the support zone located between the key support level 1.4600 (former monthly low from May) and the lower daily Bollinger.

• NZDCAD reversed from support zone • Likely to rise to resistance level 0.8720 NZDCAD currency pair recently reversed up from the support zone located between the key support level 0.8635 (which has been reversing the price from last October).

• FTSE reversed from support level 7000.00 • Likely to rise to resistance level 7200.00 FTSE index continues to rise after the earlier upward reversal from the round support level 7000.00 (which has been reversing the price from the end.

• S&P 500 broke key resistance level 4260 • Likely to rise to resistance level 4400.00 S&P 500 index continues to rise after the earlier breakout of the key resistance level 4260 (which stopped wave (i) in the middle of.

• Wheat reversed from resistance area • Likely to fall to support level 640.00 Wheat recently reversed down from the resistance area lying between the round resistance level 700.00, upper daily Bollinger Band and the 50% Fibonacci correction of the.

• EURCHF reversed from resistance area • Likely to fall to support level 1.0900 EURCHF currency pair recently reversed down from the resistance area lying between the resistance level 1.0980 and the 61.8% Fibonacci correction of the downward impulse from.

• USDJPY broke resistance level 111.00 • Likely to rise to resistance level 112.00 USDJPY recently broke above the key resistance level 111.00 (which stopped the sharp upward impulse wave (1) at the end of March). The breakout of the.

• CADJPY reversed from support area • Likely to rise to resistance level 90.35 CADJPY recently reversed up from the support area lying between the support level 89.00 and the 61.8% Fibonacci correction of the upward impulse B from the.

• Cotton reversed from resistance area • Likely to fall to support level 84.00 Cotton recently reversed down from the resistance area lying between the key resistance level 87.45 (top of the previous impulse wave 1), upper daily Bollinger Band.

• EURAUD reversed from resistance area • Likely to fall to support level 1.5675 EURAUD currency pair recently reversed down from the resistance area lying between the pivotal resistance level 1.5855 intersecting with the upper daily Bollinger Band and the.