Technical analysis - Page 249

• EURUSD reversed from multi-month resistance level 1.2240 • Likely to fall to support level 1.2060 EURUSD recently reversed down from the powerful, multi-month resistance level 1.2240 (which stopped the previous correction (b) in February). The downward reversal from the.

• Dow Jones reversed from support level 33500.00 • Likely to rise to resistance level 35000.00 The Dow Jones Industrial Average index recently reversed up from the support level 33500.00 (which stopped the previous corrections (a) and (iv)). The support.

• Natural gas reversed from support level 3.156 • Likely to fall to support level 2.900 Natural gas recently reversed down from the resistance level 3.156 (former resistance from November) – standing well above the upper daily Bollinger Band. The.

• AUDUSD reversed from support level 0.7700 • Likely to rise to resistance level 0.7845 AUDUSD recently reversed up from the pivotal support level 0.7700 (which stopped the previous corrections (a) and 4) – strengthened by the lower daily Bollinger.

• NZDUSD reversed from support level 0.7145 • Likely to rise to resistance level 0.7275 NZDUSD recently reversed up from the key support level 0.7145 (which stopped the previous corrections (iv), (a) and (c)). The support zone near the support.

• GBPCAD reversed from the resistance level 1.7140 • Likely to fall to support level 1.7000 GBPCAD recently reversed down from the pivotal resistance level 1.7140 (former monthly low and bottom of wave (a) from April). The downward reversal from.

• USDCAD reversed from support level 1.2050 • Likely to rise to resistance level 1.2200 USDCAD currency pair recently reversed up from the support level 1.2050 (which stopped the previous minor impulse wave 1 from the start of May). The.

• Gold broke resistance zone • Likely to rise to resistance level 1900.00 Gold recently broke the resistance zone located between the resistance levels 1850.00 and 1875.00 (top of the previous corrections (a) and 2 from the end of January)..

• GBPUSD reversed from resistance level 1.4230 • Likely to fall to support level 1.4000 GBPUSD recently reversed down from the major resistance level 1.4230 (top of the previous impulse wave (1) from February) – strengthened by the upper daily.

• Copper reversed from the resistance zone • Likely to fall to support level 443.75 Copper recently reversed down from the resistance zone located between the resistance level 480.00 and the upper daily Bollinger Band. The downward reversal from the.

• EURUSD broke resistance level 1.2180 • Likely to rise to resistance level 1.2240 EURUSD recently broke the key resistance level 1.2180 (which stopped the previous impulse wave 1 at the start of May). The breakout of the resistance level.

• HSI50 rising inside corrective wave (iv) • Likely to rise to resistance level 29500.00 HSI50 index continues to rise inside the minor corrective wave (iv) –which started earlier from the key multi-month support level 27560.00 (low of wave A.