Technical analysis - Page 286

• USDJPY broke key support level 103.20 • Likely to fall to 102.00 USDJPY recently broke below the key support level 103.20 (which has been reversing the price from the start of December as can be seen from the daily.

• Wheat broke combined resistance area • Likely to rise to 680.00 Wheat continues to rise strongly after the price broke the combined resistance area lying at the intersection of the resistance level 640.00 (which stopped the previous impulse wave.

With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble. Beginning investors in Russia will soon find themselves with fewer options to beat plummeting interest rates offered.

• EURNZD reversed from key support level 1.6950 • Likely to rise to 1.7240 EURNZD recently reversed up from the key support level 1.6950, which stopped the previous sharp downtrend at the end of November – standing close to the.

• NZDCHF reversed from resistance level 0.6375 • Likely to fall to 0.6250 NZDCHF recently reversed down strongly from the key resistance level 0.6375 (which earlier reversed the price multiple times at the end of November). The resistance area near.

• Gold rising sharply • Likely to rise to 1965.00 Gold continues to rise sharply after the price broke through the pivotal resistance level 1900.00 (which stopped the previous waves 2 and 1). The breakout of the resistance level 1900.00.

• Platinum broke resistance area • Likely to rise to 1190.8 Platinum previously broke the powerful resistance area lying between the resistance levels 1079.5 (top of the previous impulse wave (1)) and 1106.5 (former resistance from 2016). The breakout of.

• Soy broke resistance level 1300.00 • Likely to rise to 1350.00 Soy recently broke above the resistance level 1300.00 – coinciding with the resistance trendline of the daily up channel August. The breakout of these resistance levels signalled the.

• NZDJPY broke resistance level 74.00 • Likely to rise to 75.00 NZDJPY recently broke above the resistance level 74.00 (which stopped the 2 previous waves (1) and B – as can be seen from the daily NZDJPY chart below)..

• AUDJPY broke key resistance level 78.45 • Likely to rise to 80.00 AUDJPY recently broke above the key resistance level 78.45 (which stopped the sharp uptrend at the end of August as can be seen below). The breakout of.

• AUDCAD rising inside impulse wave (3) • Likely to reach 0.9900 AUDCAD continues to inside the sharp upward impulse wave (3) – which previously broke above the key resistance level 0.9665 (which has been repeatedly reversing this currency pair.

• Swiss20 broke resistance level 10600.00 • Likely to rise to 11000.00 Swiss20 index previously broke above the major resistance level 10600.00, which has been steadily reversing the price from the middle of September, as can be seen below. The.