Technical analysis - Page 273

• 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)..

• 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.

• 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.

• 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.

• 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.

• 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.

• AUDUSD broke resistance level 0.7800 • Likely to test resistance level 0.8000 AUDUSD under the strong bullish pressure following the earlier breakout of the pivotal resistance level 0.7800 (which reversed the price multiple times from the start of January)..

• 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.