Technical analysis - Page 282

GBPUSD hit 32-month highs on Wednesday on a weaker dollar and was also helped by stronger-than-expected inflation in December. Consumer prices rose 0.3% last month, accelerating to 0.6% y/y. The core index accelerated from 1.1% y/y to 1.4% y/y. Besides,.

Wealthy investors rushed to offload stock in Alibaba Group Holding Ltd. after China began an investigation into alleged monopolistic practices at billionaire Jack Ma’s internet giant, according to Citigroup Inc.’s private bank. Once hailed as drivers of economic prosperity and.

• EURGBP reversed from multi-month support level 0.8870 • Likely to rise to resistance level 0,9000 EURGBP recently reversed up from the powerful multi-month support level 0.8870 (former strong resistance level from April – which has reversed numerous downward corrections.

• Coca-cola falling inside minor impulse wave (c) • Likely to fall to support level 47.25 Coca-cola continues to fall inside the minor downward impulse wave (c) – which previously broke the round  support level 50,00 (which stopped the previous.

• CHFJPY reversed from support area • Likely to rise to resistance level 117.50 CHFJPY currency pair recently reversed up from the support area located between the key support level 116.10 (former monthly high from October and the low of.

• WTI rising inside minor impulse wave (iii) • Likely to test resistance level 55,00 WTI oil recently reversed up from the 38,2% Fibonacci correction level of the previous sharp upward impulse wave (i) from the start of January. The.

• EURCHF reversed from pivotal support level 1.0740 • Likely to rise to 1.0785 EURCHF today reversed up from the pivotal support level 1.0740 (former resistance from October and the monthly low from December) standing well below the lower daily.

• Gold reversed from pivotal support level 1820.00 • Likely to rise to 1860.00 Gold today reversed up from the pivotal support level 1820.00 (which has been repeatedly reversing the price from the start of December). The upward reversal from.

• EURCAD reversed from key support level 1.5330 • Likely to rise to 1.5500 EURCAD recently reversed up from the key support level 1.5330 (former monthly low from November) standing well outside of the lower daily Bollinger Band. The support.

• HK50 rising inside accelerated impulse wave 3 • Likely to test resistance level 29175.00 HK50 index continues to rise inside the accelerated upward impulse wave 3 – which previously broke the powerful resistance level 28000.00 (former February high from.

• CADJPY reversed from resistance level 82.00 • Likely to fall to 81.00 CADJPY recently reversed down from the key resistance level 82.00 (former monthly high from December – which stopped the previous minor impulse wave (i)). The downward reversal.

• USDCAD reversed from pivotal support 1.2635 • Likely to rise to 1.2830 USDCAD recently rose sharply from the pivotal support 1.2635 (which stopped the previous minor impulse wave (i) in the middle of December), intersecting with the lower daily.