Technical analysis - Page 278

• FTSE 100 rising sharply • Likely to rise to 6885.00 and 7000.00 FTSE 100 index today broke sharply above the key resistance level 6645.00 (which has been reversing the price from the start of December). The breakout of the.

• GBPNZD broke key support level 1.8800 • Likely to fall to 1.8525 GBPNZD continues to fall after the price broke below the key support level 1.8800 (which stopped the previous corrective wave (b) in the middle of December as.

• NZDCHF broke resistance level 0.6385 • Likely to rise to 0.6500 NZDCHF recently broke the pivotal resistance level 0.6385 (which stopped the previous minor impulse wave 1 at the end of November as can be seen below). The breakout.

• AUDCHF reversed from pivotal support level 0.6735 • Likely to rise to 0.6825 AUDCHF recently reversed up from the pivotal support level 0.6735 (former powerful resistance from January, June and December of 2020 – as can be seen below)..

• HK50 broke round resistance level 27000.00 • Likely to rise to 28000.00 HK50 index recently broke through the round resistance level 27000.00 (which stopped the previous sharp upward impulse wave 3 in November). The breakout of the resistance level.

• USDJPY broke key support level 103.20 • Likely to fall to 102.00 USDJPY recently broke below the key support level 103.20 (which has been reversing the price from the start of December as can be seen from the daily.

• Wheat broke combined resistance area • Likely to rise to 680.00 Wheat continues to rise strongly after the price broke the combined resistance area lying at the intersection of the resistance level 640.00 (which stopped the previous impulse wave.

With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble. Beginning investors in Russia will soon find themselves with fewer options to beat plummeting interest rates offered.

• EURNZD reversed from key support level 1.6950 • Likely to rise to 1.7240 EURNZD recently reversed up from the key support level 1.6950, which stopped the previous sharp downtrend at the end of November – standing close to the.

• NZDCHF reversed from resistance level 0.6375 • Likely to fall to 0.6250 NZDCHF recently reversed down strongly from the key resistance level 0.6375 (which earlier reversed the price multiple times at the end of November). The resistance area near.

• Gold rising sharply • Likely to rise to 1965.00 Gold continues to rise sharply after the price broke through the pivotal resistance level 1900.00 (which stopped the previous waves 2 and 1). The breakout of the resistance level 1900.00.

• Platinum broke resistance area • Likely to rise to 1190.8 Platinum previously broke the powerful resistance area lying between the resistance levels 1079.5 (top of the previous impulse wave (1)) and 1106.5 (former resistance from 2016). The breakout of.