Technical analysis - Page 291

• CADJPY rising inside ABC correction (2) • Likely to reach resistance level 82,00 CADJPY continues to rise inside the medium-term ABC correction (2) which started earlier from the round support level 80.00 standing near the lower daily Bollinger Band..

• GBPAUD reversed from key support level 1.7465 • Likely to rise to 1,7865 GBPAUD recently reversed up exactly from the key support level 1.7465 (which stopped the previous sharp downward impulse wave (iii) in December as can be seen.

• Citibank rising inside impulse wave 3 • Likely to reach resistance level 70,00 Citibank continues to rise inside the accelerated upward impulse wave 3 – which previously broke above the key resistance level 61,5 (which has been reversing the.

• Sugar broke strong resistance area • Likely to rise to 16.50 Sugar continues to rise inside the sharp uptrend – breaking though the strong resistance area located between the resistance levels 15.50 and 15.80 (former multi-month high from last.

• FTSE 100 rising sharply • Likely to rise to 6885.00 and 7000.00 FTSE 100 index today broke sharply above the key resistance level 6645.00 (which has been reversing the price from the start of December). The breakout of the.

• GBPNZD broke key support level 1.8800 • Likely to fall to 1.8525 GBPNZD continues to fall after the price broke below the key support level 1.8800 (which stopped the previous corrective wave (b) in the middle of December as.

• NZDCHF broke resistance level 0.6385 • Likely to rise to 0.6500 NZDCHF recently broke the pivotal resistance level 0.6385 (which stopped the previous minor impulse wave 1 at the end of November as can be seen below). The breakout.

• AUDCHF reversed from pivotal support level 0.6735 • Likely to rise to 0.6825 AUDCHF recently reversed up from the pivotal support level 0.6735 (former powerful resistance from January, June and December of 2020 – as can be seen below)..

• HK50 broke round resistance level 27000.00 • Likely to rise to 28000.00 HK50 index recently broke through the round resistance level 27000.00 (which stopped the previous sharp upward impulse wave 3 in November). The breakout of the resistance level.

• 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.