Technical analysis - Page 296
December 16, 2020
• EURJPY reversed from support level 125.800 • Likely to rise to 126.80 EURJPY today reversed up from the multi-candle support level 125.800 (former resistance from September, which has been reversing the price from the start of December). The upward.
December 16, 2020
• Soy rising inside impulse wave (c) • Likely to reach resistance level 1200.00 Soy continues to rise inside the minor impulse wave (c) which started earlier from the key support level 1145.00 (which also reversed the price at the.
December 16, 2020
• CADJPY reversed from key resistance level 82.00 • Likely to fall to 80.40 CADJPY previously reversed down from the key resistance level 82.00 (which also reversed the price at the start of May as can be seen from the.
December 16, 2020
• Procter & Gamble reversed from support level 134.70 • Likely to rise to 139.50 Procter & Gamble recently reversed up from the pivotal support level 134.70 (which has been repeatedly reversing the price from the middle of August). The.
December 15, 2020
• GBPNZD reversed from key support level 1.8600 • Likely to rise to 1.9050 GBPNZD recently reversed up from the key support level 1.8600 – intersecting with the lower daily Bollinger band and the support trendline of the daily down.
December 15, 2020
• Platinum reversed from round support level 1000.00 • Likely to rise to 1080.00 Platinum recently reversed up from the round support level 1000.00 (former powerful resistance from August) coinciding with the 38.2% Fibonacci retracement of the previous upward impulse.
December 15, 2020
• AUDJPY reversed from resistance level 78.4 • Likely to fall to 77.00 AUDJPY recently reversed down from the powerful resistance level 78.4 (which stopped the sharp uptrend in August) – standing close to the upper daily Bollinger Band. The.
December 15, 2020
• Dax reversed from support level 13000.00 • Likely to rise to 13500.00 Dax previously reversed up from the round support level 13000.00 (which also reversed the price twice in November as can be seen below). The upward reversal from.
December 14, 2020
• Cotton broke key resistance level 73.35 • Likely to rise to 76.00 Cotton recently broke above the key resistance level 73.35 (which stopped the previous minor impulse wave (iii)). The breakout of the resistance level 73.35 accelerated the active.
December 14, 2020
• AUDNZD broke resistance level 1.0625 • Likely to rise to 1.0765 AUDNZD continues to rise inside the minor impulse wave (c) which previously broke the resistance level 1.0625 intersecting with the resistance trendline of the daily down channel from.
December 14, 2020
• GBPAUD rising inside impulse wave 1 • Likely to reach 1.7865 GBPAUD continues to rise inside the minor upward impulse wave 1 – which belongs to the medium-term upward impulse wave (C) which started earlier from the key support.


