Technical analysis - Page 294

• 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.

• EURAUD reversed from support level 1.6140 • Likely to rise to 1.6345 EURAUD recently reversed up from the powerful support level 1.6140 (which has been reversing the price from the start of June, as can be seen below) strengthened.

• Soy reversed from long-term resistance level 1200.00 • Likely to correct down to 1200.00 Soy recently reversed down from the key resistance level 1200.00 (former multi-year high from the middle of 2016) intersecting with the upper daily and weekly.

• GBPAUD reversed from support level 1.8000 • Likely to rise to 1.8280 GBPAUD earlier reversed up from the round support level 1.8000 (which has been reversing the price from the start of October, as can be seen below) intersecting.

• Fedex reversed from resistance level 294.00 • Likely to fall to 280.00 Fedex recently reversed down from the key resistance level 294.00 (which stopped the sharp uptrend in the middle of October) standing close to the upper daily Bollinger.

• AUDUSD approaching key resistance level 0.7410 • Likely to rise to 0.7600 AUDUSD continues to rise inside the medium-term upward impulse wave (3) which started earlier from the key support level 0.7240 (former monthly high from October). The pair.