Technical analysis - Page 261

U.S. stocks fluctuated on Tuesday after the Dow Jones Industrial Average and the S&P 500 both closed at record highs in the prior session as strong economic data boosted hopes of a smooth recovery. The blue-chip Dow dipped 20 points,.

• WTI reversed from support level 57.66 • Likely to reach resistance level 62.00 WTI recently reversed up from the key support level 57.66 (which has been reversing the price from the end of February) – strengthened by 50-day moving.

• WTI reversed from support level 57.66 • Likely to reach resistance level 62.00 WTI recently reversed up from the key support level 57.66 (which has been reversing the price from the end of February) – strengthened by 50-day moving.

• GBPJPY reversed from long-term resistance level 153.35 • Likely to reach support level 150.00 GBPJPY recently reversed down from the long-term resistance level 153.35 (which reversed the pair at the start of 2018) – strengthened by the upper weekly.

• GBPJPY reversed from long-term resistance level 153.35 • Likely to reach support level 150.00 GBPJPY recently reversed down from the long-term resistance level 153.35 (which reversed the pair at the start of 2018) – strengthened by the upper weekly.

• EURUSD reversed from support level 1.1750 • Likely to rise to resistance level 1.1900 EURUSD recently reversed up with the daily Morning Star from the key support level 1.1750 (which stopped the earlier wave 2 in November). The pair.

• EURUSD reversed from support level 1.1750 • Likely to rise to resistance level 1.1900 EURUSD recently reversed up with the daily Morning Star from the key support level 1.1750 (which stopped the earlier wave 2 in November). The pair.

• HSI50 broke daily down channel • Likely to reach resistance level 29500.00 HSI50 index recently broke the resistance trendline of the daily down channel from the middle of February  – accelerating the active intermediate impulse wave (5). Wave (5).

• HSI50 broke daily down channel • Likely to reach resistance level 29500.00 HSI50 index recently broke the resistance trendline of the daily down channel from the middle of February  – accelerating the active intermediate impulse wave (5). Wave (5).

• 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.