Technical analysis - Page 286

• Sugar reversed from support zone • Likely to rise to 15.50 Sugar earlier reversed up with two daily Doji from the support zone set between the pivotal support level 14.50 (which has been reversing the price from October), lower.

• EURUSD rising inside impulse waves 3 and (C) • Likely to rise to 1.2300 EURUSD continues to rise inside the sharp upward impulse wave 3 – which previously broke above the powerful resistance level 1.200. The breakout of the.

• EURCAD broke key resistance level 1.5660 • Likely to rise to 1.5745 EURCAD recently broke above the key resistance level 1.5660 (which reversed the price twice in October as can be seen from the daily EURCAD chart below). The.

• HP reversed from support level 22.00 • Likely to rise to 24.00 HP previously reversed up from the key support level 22.00 (former resistance from March – acting as support after this price was broken by the previous impulse.

• GBPCHF broke round support level 1.2000 • Likely to fall to 1.1800 GBPCHF recently broke the round support level 1.2000 (low of the previous minor impulse wave (i)) intersecting with the 50% Fibonacci correction level of the previous sharp.

• USDCHF broke round support level 0.9000 • Likely to fall to 0.8900 USDCHF recently broke the round support level 0.9000 (which has previously reversed all sharp downward impulses from the end of August – as can be seen from.

• EURJPY broke pivotal resistance level 125.00 • Likely to rise to 127.00 EURJPY recently broke above the pivotal resistance level 125.00 (which has been reversing the price from the start for October as can be seen below). The breakout.

• Cotton falling inside wave (ii) • Likely to reach 70.00 Cotton continues to decline – after the price failed to hold the ground above the major resistance level 72.00 – which stopped the two previous sharp uptrends in October.

• Silver reversed from support area • Likely to test next resistance level 25.00 Silver recently reversed up sharply from the support area lying between the support levels 21.80 and 22.60 (which have been reversing the price from July). This.

• AUDCHF reversed from major resistance level 0.6700 • Likely to fall to 0.6600 AUDCHF continues to fall after the pair failed to break above the multi-month resistance level 0.6700 (which has been reversing the pair from June) – standing.

• AUDNZD reversed from key resistance level 1.0550 • Likely to fall to 1.0400 AUDNZD recently reversed down from the key resistance level 1.0550 (former major support level which also reversed the pair in the middle of July) The downward.

• Cisco Systems broke resistance area • Likely to rise to resistance level 45.00 Cisco Systems recently broke the resistance area lying between the resistance level 42.40 (former monthly high from September) and the 50% Fibonacci retracement of the downward.