Technical analysis - Page 293

• HK50 index broke resistance area • Likely to rise to 28000,00 HK50 index recently broke above the resistance area lying between the key resistance level 27000,00 (monthly high from November) and the resistance level 26725,000 (monthly high from March.

• USDCHF reversed from resistance level 0.8910 • Likely to fall to 0.8815 USDCHF recently reversed down from the key resistance level 0.8910 (which has reversed the price numerous times from the start of December as can be seen below).

• Corn rising inside impulse sequence ⑤ • Likely to reach 464.00 Corn continues to rise inside the sharp weekly upward impulse sequence ⑤ from November – which is itself made out of multiple different size impulse waves visible on.

• CHFJPY reversed from support level 116.10 • Likely to rise to 117.75 CHFJPY recently reversed up sharply from the key support level 116.10 (former monthly high from November) – standing near the lower daily Bollinger Band and the 38.2.

• Nikkei 225 broke resistance level 27000.00 • Likely to rise to 28000.00 Nikkei 225 index continues to rise after the price broke out of the narrow sideways price range inside which the price has been trading from the end.

• NZDCAD reversed from key resistance level 0.9160 • Likely to fall to 0.9065 NZDCAD recently reversed down from the key resistance level 0.9160 (which stopped the sharp upward impulse wave (3) at the start of December) – strengthened by.

• Copper reversed from support level 347.60 • Likely to rise to 364.20 Copper recently reversed up from the pivotal support level 347.60 (which has been reversing the price from the start of December, as can be seen below) –.

• EURAUD reversed from key support level 1.6025 • Likely to rise to 1.6255 EURAUD recently reversed up from the key support level 1.6025 (which has been steadily reversing the price from September of 2019 as can be seen below)..

• Coca-Cola rising inside impulse wave (iii) • Likely to rise to 54.00 Coca-Cola remains well bough after the price reversed up with the daily Hammer from the major support level 52.00 (former multi-month high from September, which has been.

• GBPJPY broke resistance level 140.30 • Likely to rise to 142.00 GBPJPY recently broke the pivotal resistance level 140.30 (which has been steadily reversing this currency pair from the start of November). The breakout of the resistance level 140.30.

• AUDUSD rising inside impulse wave (5) • Likely to reach 0.7645 AUDUSD continues to rise inside the upward impulse wave (5) – which started earlier from the key support level 0.7500 intersecting with the daily up channel from October..

• GBPCHF broke resistance level 1.2040 • Likely to rise to 1.2200 GBPCHF recently broke above the key resistance level 1.2040 (top of the previous wave (a)) – standing close to the 61.8% Fibonacci correction level of the downward impulse.