Technical analysis - Page 255

• GBPUSD broke daily down channel • Likely to rise to resistance level 1.4000 Sterling recently broke the resistance trendline of the daily down channel from the end of February (which enclosed the previous ABC correction 2). The breakout of.

• GBPUSD broke daily down channel • Likely to rise to resistance level 1.4000 Sterling recently broke the resistance trendline of the daily down channel from the end of February (which enclosed the previous ABC correction 2). The breakout of.

• Copper reversed from support level 393.60 • Likely to rise to resistance level 416.30 Copper recently reversed up from the pivotal support level 393.60, which stopped the previous waves 4 and 2 The support zone near the support level.

• AUDUSD reversed from support level 0.7580 • Likely to reach resistance level 0.7700 AUDUSD currency pair recently reversed with the daily Hammer from the key support level 0.7580 (which has been reversing the price from the end of December)..

• S&P 500 broke round resistance level 4000.00 • Likely to rise to resistance level 4200.00 S&P 500 index recently broke above the key round resistance level 4000.00 (which stopped the earlier impulse wave (iii) in March). The breakout of.

• Soy reversed from resistance zone • Likely to fall to support level 1360.00 Soy recently reversed down sharply from the resistance zone set between the key resistance level 1450.00 (which has been reversing the price from January) and the.

• GBPAUD reversed from support level 1.8115 • Likely to reach resistance level 1.8260 GBPAUD recently reversed up from the support level 1.8115 (former strong resistance from February and March – acting as support after it was broken earlier). The.

• Platinum reversed from support zone • Likely to reach resistance level 1237.00 Platinum recently reversed up from the support zone lying between the support level 1150.00 (former resistance from January – acting as support after it was broken earlier).

• NZDUSD reversed from resistance level 0.7030 • Likely to fall to support level 0.6940 NZDUSD recently reversed down from the resistance level 0.7030 (former strong support from last December). The resistance area near the resistance level 0.7030 is strengthened.

• EUR50 broke major resistance level 3865.00 • Likely to rise to resistance level 4000.00 EUR50 index earlier broke above the major resistance level 3865.00 (former monthly high from February) intersecting with the daily up channel from December. The breakout.

Employment in the USA rose by 916,000, better than the average forecast of 650,000. An additional positive signal from the labour market is that the average working week rose to 34.9 hours, a repeat of the highs of January and.

• AUDNZD reversed from resistance area • Likely to fall to support level 1.08150 AUDNZD recently reversed down from the resistance area located between the resistance level 1.0900 (strong barrier from September of 2020) and the upper daily Bollinger Band..