Technical analysis - Page 265
February 24, 2021
• Chevron rising inside sharp impulse wave 3 • Likely to reach resistance 103.85 Chevron continues to rise inside the sharp impulse wave 3 – which previously broke above the major resistance level 95.00 (former monthly high from November, December.
February 23, 2021
• American approached long-term resistance level 137.60 • Likely to reach resistance 145.00 American express recently approached the key long-term resistance level 137.60 (which reversed the price in January and in February of 2020 –as can be seen below). The.
February 23, 2021
• Soy broke round resistance level 1400.00 • Likely to reach resistance 1435.00 Soy recently broke the round resistance level 1400.00 (which stopped the previous impulse wave (1) at the start of February –as can be seen below). The breakout.
February 23, 2021
• GBPCHF broke resistance level 1.2480 • Likely to reach resistance 1.2800 GBPCHF continues to rise strongly after the pair broke the resistance level 1.2480, intersecting with the 61.8% Fibonacci correction of the previous downward impulse from December. The breakout.
February 23, 2021
• EURCHF broke resistance area • Likely to reach resistance 1.0970 EURCHF under strong bullish pressure after the pair broke the resistance area lying between the resistance levels 1.0870 and 1.0900 (monthly high from June). The breakout of this resistance.
February 22, 2021
• AUDCAD broke key resistance level 0.9900 • Likely to test resistance level 1.0050 AUDCAD continues to rise after breaking through the key resistance level 0.9900 (which stopped the previous shaper upward impulse wave (1) at the start of January)..
February 22, 2021
• Gold reversed from key support level 1766.00 • Likely to rise to 1825.00 Gold recently reversed up with the daily Morning Star from the key support level 1766.00 (which stopped the previous medium-term impulse wave (A) at the end.
February 22, 2021
• AUDCHF broke resistance level 0.6940 • Likely to rise to 0.7150 AUDCHF continues to rise after the pair broke above the resistance level 0.6940 (which stopped the previous short-term impulse wave 1 at the start of February). The breakout.
February 22, 2021
• Natural gas reversed from resistance level 3.300 • Likely to reach support level 2.700 Natural gas under bearish pressure after the price failed to hold the ground above the key resistance level 3.300 (which stopped the previous sharp uptrend.
February 19, 2021
• NZDUSD broke resistance level 0.7250 • Likely to rise to resistance level 0.7315 NZDUSD currency pair recently broke the resistance level 0.7250 (which is the upper boundary of the sideways price range inside which the pair has been trading.
February 19, 2021
• AUDJPY broke resistance level 82.30 • Likely to rise to resistance level 84.00 AUDJPY currency pair recently broke the minor resistance level 82.30 (which stopped the previous minor impulse wave (iii) earlier this month). The breakout of the resistance.














