Technical analysis - Page 280

• EURGBP broke multi-month support level 0.8865 • Likely to fall to support level 0.8800 EURGBP under strong bearish pressure – after this currency pair broke the key multi-month support level 0.8865 (which has been reversing this currency pair from.

• Oracle rising inside impulse wave (3) • Likely to test resistance level 63.55 Oracle recently reversed up sharply exactly from the round support level 60.00 (former resistance from the start of December) – which stopped the previous ABC correction.

• AUDJPY reversed from support area • Likely to rise to 81.00 AUDJPY recently reversed up from the support area lying between the support level 79.60, lower daily Bollinger Band and the support trendline of the daily up channel from.

• Corn reversed from support area • Likely to rise to  540.00 Corn recently reversed up from the support area lying between the support level 500.00, upper trendline of the daily up channel from August and the 38.2% Fibonacci retracement.

• EURCHF broke key resistance level 1.0785 • Likely to rise to 1.0815 EURCHF continues to rise after the pair broke the key resistance level 1.0785 (which has been reversing the pair from the start of January). The price earlier.

• Costco reversed from support area • Likely to rise to 370.00 Costco is on the way to further gains after the stock price reversed up from the support area lying between the key support level 355.00, lower daily Bollinger.

• NZDCAD rising inside impulse wave 3. • Likely to rise to resistance level 0.9250 NZDCAD recently reversed up from the support level 0.9062 (former minor support from the middle of December) – standing near the lower daily Bollinger Band.

• Platinum reversed from key resistance level 1140.00 • Likely to fall to support level 1070.00 Platinum recently reversed down with the daily Japanese candlesticks reversal pattern Bearish Engulfing from the key resistance level 1140.00 – standing close to the.

• EURNZD approaching key support level 1.6810 • Likely to rise to resistance level 1.6960 EURNZD is currently approaching the key support level 1.68100 (which stopped the previous wave B at the start of January as can be seen below)..

• Wheat reversed from pivotal support level 630.00 • Likely to test resistance level 660.00 Wheat recently reversed up from the pivotal support level 630.00 (which also stopped the previous minor correction (iv) at the start of January). The support.

• GBPCHF reversed from long-term resistance level 1.2200 • Likely to fall to 1.2000 GBPCHF recently reversed down from the long-term resistance level 1.2200 (which has been reversing the price from the end of November) – standing near the lower.

• Sugar falling inside wave (2) • Likely to reach support level 15.50 Sugar continues to fall inside the medium-term corrective wave (2) from started earlier from the key resistance level 16.70 intersecting with the daily up channel from last.