Technical analysis - Page 298

• EURCAD falling inside minor wave 2 • Likely to fall to 1.5400 EURCAD continues to fall inside the short-term correction 2 which started earlier with the daily Shooting Star from the key resistance level 1.5660 (top of the daily.

• EURNZD reversed from resistance level 1.7230 • Likely to fall to 1.7000 EURNZD continues to fall inside the minor corrective wave (ii) which started earlier from the resistance level 1.7230, intersecting with the upper daily Bollinger Band and the.

• AUDCHF broke support area • Likely to fall to 0.6500 AUDCHF recently broke the support area lying between the support level 0.6600 (former resistance from October and the low of the previous daily Morning Star from the start of.

• Soy broke support level 1160.00 • Likely to fall to 1120.00 Soy continues to decline after the price broke below the support level 1160.00 (which was set as the likely downward target in our earlier forecast for this instrument)..

• EURCHF broke support area • Likely to fall to 1.0750 EURCHF continues to fall after the pair broke the support area lying between the support level 1.0785 (which has been reversing the price from the middle of November) and.

• General Electric broke resistance level 10.80 • Likely to rise to 12.00 General Electric continues to rise after the price broke the resistance level 10.80 (which stopped the previous sharp upward impulse wave (i) at the end of November)..

• Abercrombie & Fitch reversed from support level 20.00 • Likely to rise to 23.55 Abercrombie & Fitch recently reversed up from the support area lying between the round support level 20.00, 50% Fibonacci correction of the upward impulse from.

• Natural gas broke support level 2.515 • Likely to fall to 2.354 Natural gas continues to fall inside the sharp downward impulse wave (C) – which previously broke the key support level 2.515 (which stopped the (A)-wave in the.

• GBPUSD reversed from powerful resistance level 1.3480 • Likely to fall to 1.3200 GBPUSD fell sharply today after the price reversed down from the powerful resistance level 1.3480 (which stopped the two previous uptrends – in December of 2019 and.

• CADJPY reversed from long-term resistance level 81.40 • Likely to fall to 80.50 CADJPY previously reversed down from the long-term resistance level 81.40 (which reversed the price multiple times from the start of March as can be seen below). The resistance.

• GBPNZD reversed from strong support zone • Likely to rise to 1.9270 GBPNZD previously reversed up sharply – after the pair failed to break below the major support zone located between the support levels 1.9000 and 1.9050. The upward.

• Platinum rising inside impulse waves 3, (5) • Likely to reach 1150.00 Platinum continues to rise strongly after the price broke above the powerful long-term resistance level 1033.00 (which stopped the previous multi-month uptrends in January and March). The.