Technical analysis - Page 264

The equity of Ripple, the company that builds the infrastructure around XRP — the digital asset used by networks like RippleNet to process cross-border payments — is reportedly trading at $2 to $3 billion in the secondary market. Yet, the.

• GBPAUD broke support zone • Likely to fall to support level 1.7680 GBPAUD recently broke the pivotal support level 1.7814 (which has been reversing the price from the start of March). The breakout of the support level 1.7814 should.

• EURAUD broke daily up channel • Likely to fall to support level 1.5360 EURAUD recently broke the support trendline of the minor daily up channel from March (which encloses the previous intermediate ABC correction (2)). The breakout of this.

• USDJPY broke support zone • Likely to fall to support level 108.50  USDJPY recently broke sharply the support zone set between the key support level 109.00 (low of the previous minor impulse wave (a)) and the 38.23% Fibonacci retracement.

• Soy reversed from support zone • Likely to rise to resistance level 1450.00 Soy recently reversed up from the support zone set between the key support level 1380.00 (which has been reversing the price from February), lower daily Bollinger.

• Dow Jones reversed from support level 33560.00 • Likely to rise to resistance level 35000.00 The Dow Jones Industrial Average recently reversed up from the support level 33560.00 (former minor resistance from the start of April) intersecting with the support.

• NZDCHF reversed from support zone • Likely to rise to resistance level 0.6625 NZDCHF recently reversed up from the support zone set between the key support level 0.6500 (former resistance from February), lower daily Bollinger Band and the 50%.

• Sugar reversed from support zone • Likely to rise to resistance level 16.55 Sugar recently reversed up from the support zone set between the key support level 15.00 (former resistance from December), lower daily Bollinger Band and the 61.8%.

• EURNZD reversed from resistance zone • Likely to fall to support level 1.6700 EURNZD recently reversed down from the resistance zone lying between the resistance level 1.6945 (which has been reversing the price from January), upper daily Bollinger Band.

• Exxon reversed from support zone • Likely to rise to resistance level 60.00 Exxon recently reversed up from the support zone set between the key support level 54.55 (which has been reversing the price from February), lower daily Bollinger.

• EURUSD broke resistance level 1.1900 • Likely to reach resistance level 1.2000 EURUSD recently broke the minor multi-candle resistance level 1.1900 (top of the previous impulse wave (a)) intersecting with the 38.2% Fibonacci correction of the previous sharp downward.

• Nikkei 225 reversed from support zone • Likely to reach resistance level 30275.00 Nikkei 225 index recently reversed up from the support zone lying between the minor support level 29600.00 and the 38.2% Fibonacci correction of the previous sharp.