Technical analysis - Page 299

• CHFJPY broke resistance level 116.20 • Likely to rise to 117.30 CHFJPY continues to rise after the price broke the pivotal resistance level 116.20 (which has been reversing the  pair from the start of October). The breakout of the.

• USDCAD broke key support level 1.2940 • Likely to fall to 1.2700 USDCAD continues to fall strongly after the pair broke below the key support level 1.2940 (which stopped the previous minor impulse wave 1 in November). The breakout.

• Starbucks broke round resistance level 100.0 • Likely to rise to 105.00 Starbucks continues to rise strongly after the price broke above the major round resistance level 100.00 (which stopped the sharp uptrend in the middle of 2019). The breakout of.

• GBPAUD reversed from key support level 1.8000 • Likely to rise to 1.8280 GBPAUD today reversed up once again from the key support level 1.8000 (which has been reversing the price from the start of October as can be.

• Sugar reversed from support zone • Likely to rise to 15.50 Sugar earlier reversed up with two daily Doji from the support zone set between the pivotal support level 14.50 (which has been reversing the price from October), lower.

• EURUSD rising inside impulse waves 3 and (C) • Likely to rise to 1.2300 EURUSD continues to rise inside the sharp upward impulse wave 3 – which previously broke above the powerful resistance level 1.200. The breakout of the.

• EURCAD broke key resistance level 1.5660 • Likely to rise to 1.5745 EURCAD recently broke above the key resistance level 1.5660 (which reversed the price twice in October as can be seen from the daily EURCAD chart below). The.

• HP reversed from support level 22.00 • Likely to rise to 24.00 HP previously reversed up from the key support level 22.00 (former resistance from March – acting as support after this price was broken by the previous impulse.

• GBPCHF broke round support level 1.2000 • Likely to fall to 1.1800 GBPCHF recently broke the round support level 1.2000 (low of the previous minor impulse wave (i)) intersecting with the 50% Fibonacci correction level of the previous sharp.

• 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.