Technical analysis - Page 266

• NZDCHF broke resistance level 0.6500 • Likely to reach resistance level 0.6550 NZDCHF rose sharply today – on improved risk sentiment (which is driving Swiss franc sales) – above the resistance level 0.6500 (top of the previous impulse wave.

• Copper reached resistance level 390.00 • Likely to test resistance level 400.00 Copper today broke above the resistance level 390.00 (which was set as the likely upward target in our previous forecast for this instrument). The breakout of the.

• GBPCAD approached key resistance level 1.7670 • Possible downward correction to 1.7600 GBPCAD has been rising in the last few trading sessions and is currently trading near the key multi-month resistance level 1.7670 (which stopped the previous wave (B).

• EURAUD under bearish pressure • Likely to test the support level 1.5400 EURAUD under bearish pressure after the price broke the key support level 1.5600 (which stopped the price twice in the middle of January). The breakout of the.

• Sugar broke the key resistance level 17.00 • Likely to rise to 18.00 Sugar recently broke the key resistance level 17.00 (which stopped the previous minor impulse wave (i) in the middle of this month). The breakout of the.

• AUDCHF reversed from support level 0,6910 • Likely to rise to 0,7000. AUDCHF recently reversed up from the support level 0,6910 (former resistance from the middle of January, acting as the support after it was broken previously). The upward.

• Coffee reversed from support level 120,00 • Likely to rise to resistance level 128,70 Coffee recently reversed up from the key support level 120,00, standing near the lower daily Bollinger Band and the 38,2% Fibonacci correction of the previous.

• GBPNZD broke resistance zone • Likely to rise to resistance level 1.9465 GBPNZD currency pair continues to rise after the price broke the resistance zone lying between the resistance level 1.9165 (which has been reversing the price from December).

• Platinum reversed from resistance level 1350.00 • Likely to fall to support level 1200.00 Platinum recently reversed down from the resistance level 1350.00 – standing well above the upper daily Bollinger Band. The downward reversal from the resistance level.

• AUDUSD reversed from resistance level 0.7800 • Likely to fall to support level 0.7700 AUDUSD recently reversed down from the resistance level 0.7800, strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 0.7800 created.

• ChinaA50 broke round resistance level 20000.00 • Likely to reach resistance level 21000.00 ChinaA50 index continues to rise after the price broke the round resistance level 20000.00 intersecting with the daily up channel from the middle of December. The.

• USDCAD reversed from support level 1.2600 • Likely to reach resistance level 1.2760 USDCAD currency pair recently reversed up from the pivotal support level 1.2600 (which stopped the previous impulse wave 5 with the daily Morning Star in January)..