Technical analysis - Page 278

• AUDNZD reversed from resistance level 1.0800 • Likely to fall to support level 1.0710 AUDNZD currency pair recently reversed down from the key resistance level 1.0800 (which reversed numerous previous corrections from the end of April, including waves 4.

• Wheat broke support level 690.80 • Likely to fall to support level 640.00 Wheat recently broke the support level 690.80 (former monthly high from January and the low of the previous impulse wave 3). The breakout of the support.

• GBPAUD reversed from resistance level 1.8320 • Likely to fall to support level 1.8200 GBPAUD currency pair recently reversed down from the long-term resistance level 1.8320 (former monthly high from November) – strengthened by the upper daily Bollinger Band..

• EUR50 reversed from support level 3900.00 • Likely to rise to resistance level 4050.00 EUR50 index recently reversed up from the pivotal support level 3900.00 (former resistance from March) – intersecting with the 38.2% Fibonacci correction of the upward.

• WTIUSD reversed from support level 62.00 • Likely to rise to resistance level 66.80 WTIUSD recently reversed up from the support level 62.00 (former resistance from March) – intersecting with the 50% Fibonacci correction of the upward impulse from.

• EURCAD reversed from resistance level 1.4775 • Likely to fall to support 1.4575 EURCAD recently reversed down from the key resistance level 1.4775 (top of the previous minor correction (iv)) – intersecting with the 38.2% Fibonacci correction of the.

• NZDCAD under bearish pressure • Likely to fall to support level 0.8625 NZDCAD under the bearish pressure after breaking the key support level 0.8665 (low of the previous impulse wave 1 from the start of May). The breakout of.

• EURUSD reversed from multi-month resistance level 1.2240 • Likely to fall to support level 1.2060 EURUSD recently reversed down from the powerful, multi-month resistance level 1.2240 (which stopped the previous correction (b) in February). The downward reversal from the.

• Dow Jones reversed from support level 33500.00 • Likely to rise to resistance level 35000.00 The Dow Jones Industrial Average index recently reversed up from the support level 33500.00 (which stopped the previous corrections (a) and (iv)). The support.

• Natural gas reversed from support level 3.156 • Likely to fall to support level 2.900 Natural gas recently reversed down from the resistance level 3.156 (former resistance from November) – standing well above the upper daily Bollinger Band. The.

• AUDUSD reversed from support level 0.7700 • Likely to rise to resistance level 0.7845 AUDUSD recently reversed up from the pivotal support level 0.7700 (which stopped the previous corrections (a) and 4) – strengthened by the lower daily Bollinger.

• NZDUSD reversed from support level 0.7145 • Likely to rise to resistance level 0.7275 NZDUSD recently reversed up from the key support level 0.7145 (which stopped the previous corrections (iv), (a) and (c)). The support zone near the support.