Technical analysis - Page 298

• Exxon Mobil falling inside impulse wave (3) • Likely to fall to 33.20 Exxon Mobil continues to fall inside the intermediate downward impulse (3) – which previously reversed down from the resistance level 36.00 (which also stopped the previous.

• Cotton broke resistance area • Likely to rise to 72.00 Cotton recently broke the resistance area lying between the long-term resistance level 68.90 (former monthly top from February) and the resistance trendline of the narrow daily up channel from July. The.

• USDCHF reversed from resistance area • Likely to fall to 0.9080 USDCHF recently reversed down from the resistance area lying between the multi-candle resistance level 0.9160 (former support from the end of September) and the 38.2% Fibonacci correction of the downward.

• CHFJPY reversed from support area • Likely to rise to 116.20 CHFJPY recently reversed up from the support area lying between the key support level 115.00 and the 38.2% Fibonacci correction of the upward impulse 1 from September. The upward reversal.

• Corn broke multi-month resistance level 400.00 • Likely to rise to 415.00 Corn recently broke the major resistance level 400.00 (which started the multi-month downtrend in October of 2019, as can be seen below). The breakout of the resistance.

• AUDCAD broke support area • Likely to fall to 0.9270 AUDCAD recently broke the support area lying between the support level 0.9380 (which stopped the previous downward impulse wave (i)) and the support trendline from May. The breakout of.

• EURAUD approached key resistance level 1.6575 • Likely to rise to 1.6760 if 1.6575 is broken EURAUD today approached the key resistance level 1.6575 (which has been reversing the price from the middle of June) intersecting with the upper.

• AUDCHF broke key support level 0.6500 • Likely to reach 0.6400 AUDCHF recently broke below the key support level 0.6500 (which has been reversing the price from the end of June) intersecting with the 38.2% Fibonacci correction of the.

• Ferrari opened with the upward gap • Likely to rise to 193.75 Ferrari opened today with the sharp upward gap which follows the earlier upward reversal from the upper trendline of the recently broken daily down channel from August. The.

• EURO50 falling inside impulse waves (iii) and 3 • Likely to reach 3100.00 EURO50 index continues to fall inside the accelerated impulse waves (iii) and 3 which previously broke the daily up channel from the end of September. Both.

• AUDJPY broke daily up channel • Likely to fall to 73.25 AUDJPY recently broke the support trendline of the daily up channel from the end of September – which accelerated the active impulse wave 1. The pair is currently.

• EURCAD reversed from support level 1.5430 • Likely to rise to 1.5560 EURCAD today reversed up from the key support level 1.5430 (which stopped the previous correction A at the start of September, as can be seen below). The.