Technical analysis - Page 292

• Nikkei 225 broke resistance level 25000.00 • Likely to rise to 26500.00 Nikkei 225 index continues to rise after the earlier breakout of the key resistance level 25000.00 and the resistance trendline of the wide daily up channel from.

• Visa reversed from key resistance level 217.00 • Likely to fall to 207.00 Visa recently reversed down from the key resistance level 217.00 (which stopped the previous sharp upward trend in September) – standing above the upper daily Bollinger.

• GBPAUD reversed from support level 1.7950 • Likely to rise to 1.8400 GBPAUD previously reversed up with the daily long-legged Doji from the pivotal support level 1.7950 (which has been reversing the price from the start of October). The.

• GBPJPY broke resistance level 137.65 • Likely to rise to 140.00 GBPJPY recently broke the key resistance level 137.65 (which reversed the price twice in October) – standing close to the 50% Fibonacci correction of the pervious downward correction.

• Soy rising inside sharp C-wave • Likely to reach 1150.00 Soy continues to rise under the strong bullish pressure after the price broke above the round resistance level 1100.00 (which stopped the previous minor impulse wave iii at the.

• USDCAD under bearish pressure • Likely to fall to 1.2800 USDCAD under bearish pressure following the earlier breakout of the long-term and round support level  1.3000 (which previously reversed the price sharply in January and August). The breakout of.

• WTI broke daily down channel • Likely to rise to 41.90 and 43.80 WTI continues to rise after the earlier breakout of the resistance trendline of the daily down channel from August (which enclosed the two previous waves A.

• CADJPY broke resistance area • Likely to rise to 81.65 CADJPY today broke sharply above the resistance area located between the resistance level 80.50 (which reversed the price twice in October) and the 61.8 % Fibonacci correction of the.

• AUDJPY broke resistance level 76.40 • Likely to rise to 78.40 AUDJPY today broke sharply above the pivotal resistance level 76.40 (top of wave (B) from the start of October). The breakout of the resistance level 76.40 was preceded.

• Copper reversed from support level 302.30 • Likely to rise to 321.50 Copper continues to rise inside the medium-term impulse wave (3) , which started earlier from the support level 302.30 standing close to the 50% Fibonacci correction of.

• EURTRY broke round resistance level 10.00 • Likely to rise to 10.50 EURTRY continues to rise inside the accelerated impulse waves (iii) and 5 – which belong to the extended multi-month upward impulse sequence (5) from August. The pair.

• NZDUSD reversed from resistance area • Likely to fall to 0.6710 NZDUSD recently reversed down from the resistance area lying between the key resistance level 0.6790 (which stopped the previous impulse waves 3 and 5 in September, as can.