Technical analysis - Page 295

• NZDUSD broke support area • Likely to test support level 0.7000 NZDUSD recently broke the support area lying at the intersection of the support level 0.7100 and the 38.2% Fibonacci correction of the pervious upward impulse from the middle.

• Adobe broke resistance zone • Likely to rise to resistance level 480.00 Adobe recently broke the resistance zone lying between the resistance level 454.00 (former strong support from January and February – which stopped the pervious correction (a) at.

• CADCHF reversed from resistance level 0.7450 • Likely to reach support level 0.7330 CADCHF continues to fall after the price reversed down from the pivotal resistance level 0.7450 (which has been reversing the price from start of 2020, as.

• Wheat reversed from support zone • Likely to reach resistance level 640.00 Wheat recently reversed up from the support zone located between the key support level 625.00, lower daily Bollinger Band and the 50% Fibonacci correction of the upward.

• EURJPY reversed from support level 129.00 • Likely to rise to resistance level 130.70 EURJPY under bullish pressure after the price reversed up from the support level 129.00 (which has been reversing the price from start of March) –.

• Spain35 reversed from resistance level 8675.00 • Likely to reach support level 8200.00 Spain35 index continues to fall steadily after the price reversed down from the key resistance level 8675.00 – intersecting with the upper weekly Bollinger Band and.

• Nikkei 225 falling inside minor corrective wave 2   • Likely to reach support level 28850.00 Nikkei 225 index previously reversed down with the daily candlesticks reversal pattern Shooting Star Doji from the key resistance level 30500.00 – strengthened.

• EURAUD reversed from support level 1.5265 • Likely to reach support level 1.5525 EURAUD previously reversed up from the pivotal support level 1.5265 coinciding with the lower daily Bollinger Band. The upward reversal from the support level 1.5265 created.

• WTI reached support level 59.15   • Likely to reach resistance level 63.10 WTI recently reversed up after reaching the key support level 59.15 (low of the pervious correction (iv)) – which was set as the likely upward target.

• EURJPY reversed from resistance level 130.70 • Likely to reach support level 129.00 EURJPY currency pair recently reversed down from the resistance level 130.70 intersecting with the upper daily Bollinger Band. The resistance area near the resistance level 130.70.

• Cisco Systems reversed from long-term resistance level 50.00 • Likely to fall to support level 47.40 Cisco Systems under bearish pressure after the price reversed down from the long-term resistance level 50.00 (which has been reversing the price from.

• NZDJPY reversed from support resistance • Likely to reach support level 77.00 NZDJPY previously reversed down sharply from the resistance area set between the resistance level 79.15 (which sopped the previous sharp impulse wave 3) and the upper daily.