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Technical analysis - Page 283


CADCHF Wave Analysis 12 March, 2021
CADCHF Wave Analysis 12 March, 2021.

• CADCHF broke resistance level 0.7410 • Likely to reach resistance level 0.7500 CADCHF recently broke above the minor resistance level 0.7410 (which stopped the previous short-term impulse wave (i) at the start of March). The breakout of the resistance.

EURCAD Wave Analysis 12 March, 2021
EURCAD Wave Analysis 12 March, 2021.

• EURCAD reversed from resistance level 1.5070 • Likely to test support level 1.4800 EURCAD recently reversed down from the resistance level 1.5070 (former support from April, May and June of 2020). The resistance zone near the resistance level 1.5070.

CADJPY Wave Analysis 12 March, 2021
CADJPY Wave Analysis 12 March, 2021.

• CADJPY broke resistance level 86.90 • Likely to test resistance level 88.00 CADJPY recently broke the resistance level 86.90 (former top of the weekly correction (B) from the end of 2018 as can be seen from the weekly CADJPY.

Soy Wave Analysis 12 March, 2021
Soy Wave Analysis 12 March, 2021.

• Soy falling inside corrective wave (ii) • Likely to test support level 1372.00 Soy recently reversed down with the daily Shooting Star from the key resistance level 1440.00 (previous monthly high from January and February). The downward reversal from.

Nikkei 225 Wave Analysis 12 March, 2021
Nikkei 225 Wave Analysis 12 March, 2021.

• Nikkei 225 reversed from support level 29000.00 • Likely to rise to resistance level 30550. Nikkei 225 index recently reversed up from the key support level 29000.00 (former Tipple Top from January). The support zone near support level 29000.00.

Cotton Wave Analysis 11 March, 2021
Cotton Wave Analysis 11 March, 2021.

• Cotton reversed from support level 83.04 • Likely to rise to resistance level 89.06 Cotton recently reversed up with the daily Piercing Line reversal pattern from the key support level 83.04 (former monthly high from January). The support zone.

AUDCHF Wave Analysis 11 March, 2021
AUDCHF Wave Analysis 11 March, 2021.

• AUDCHF reversed from resistance level 0.7225 • Likely to fall to support level 0.7100 AUDCHF today reversed down from the resistance level 0.7225 (which has been reversing the price the end of February). The pair is lily to form.

Dow Jones Industrial Average Wave Analysis 11 March, 2021
Dow Jones Industrial Average Wave Analysis 11 March, 2021.

• Dow Jones broke key resistance level 32100.00 • Likely to rise to resistance level 33000.00 Dow Jones Industrial Average Index recently broke through the pivotal resistance level 32100.00 (which stopped the previous impulse wave 1 at the end of February)..

CHFJPY Wave Analysis 11 March, 2021
CHFJPY Wave Analysis 11 March, 2021.

• CHFJPY broke resistance level 117.00 • Likely to rise to 117.80 CHFJPY recently broke the resistance level 117.00 (which was set as the likely upward target in our earlier forecast for this currency pair). The breakout of the resistance.

Boeing Wave Analysis 11 March, 2021
Boeing Wave Analysis 11 March, 2021.

• Boeing broke resistance level 242.00 • Likely to reach resistance level 260.00 Boeing recently broke through the resistance level 242.00 (former multi-month high from December – which stopped the previous impulse wave (5)). The breakout of the resistance level.

EURGBP Wave Analysis 10 March, 2021
EURGBP Wave Analysis 10 March, 2021.

• EURGBP reversed from support area • Likely to reach resistance level 0.8650 EURGBP recently reversed up from the support area surrounding the strong support level 0.8550 (which reversed the price with the daily Hammer at the end of February)..

Platinum Wave Analysis 10 March, 2021
Platinum Wave Analysis 10 March, 2021.

• Platinum reversed from support area • Likely to rise to resistance level 1220.00 Platinum recently reversed up from the support zone located between the key support level 1135.00 (former resistance from January), lower daily Bollinger Band and the 38.2%.

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