Technical analysis - Page 305

• EURNZD reversed from long-term support level 1.7145 • Likely to rise to 1,7400 EURNZD today reversed up from the support zone located between the long-term support level 1.7145 (which also previously stopped the extended downtrend in July) and the.

• Palladium under downward pressure • Likely to fall to 2250.00 Palladium under immense downward pressure after the earlier downward reversal from the resistance level 2500.00 (former monthly high from the start of October) – strengthened by the upper daily.

• AUDNZD broke key support level 1.0600 • Likely to fall to 1.0535 AUDNZD continues to fall after breaking below the key support level 1.0600 (former monthly low from the end of October). The breakout of the support level 1.0600.

• NZDJPY broke key resistance level 72.00 • Likely to rise to 73.30 NZDJPY continues to rise after the earlier breakout of the key resistance level 72.00 (which stopped the previous sharp impulse wave (5) at the end of August)..

• Nikkei 225 broke resistance level 25000.00 • Likely to rise to 26500.00 Nikkei 225 index continues to rise after the earlier breakout of the key resistance level 25000.00 and the resistance trendline of the wide daily up channel from.

• Visa reversed from key resistance level 217.00 • Likely to fall to 207.00 Visa recently reversed down from the key resistance level 217.00 (which stopped the previous sharp upward trend in September) – standing above the upper daily Bollinger.

• GBPAUD reversed from support level 1.7950 • Likely to rise to 1.8400 GBPAUD previously reversed up with the daily long-legged Doji from the pivotal support level 1.7950 (which has been reversing the price from the start of October). The.

• GBPJPY broke resistance level 137.65 • Likely to rise to 140.00 GBPJPY recently broke the key resistance level 137.65 (which reversed the price twice in October) – standing close to the 50% Fibonacci correction of the pervious downward correction.

• Soy rising inside sharp C-wave • Likely to reach 1150.00 Soy continues to rise under the strong bullish pressure after the price broke above the round resistance level 1100.00 (which stopped the previous minor impulse wave iii at the.

• USDCAD under bearish pressure • Likely to fall to 1.2800 USDCAD under bearish pressure following the earlier breakout of the long-term and round support level  1.3000 (which previously reversed the price sharply in January and August). The breakout of.

• WTI broke daily down channel • Likely to rise to 41.90 and 43.80 WTI continues to rise after the earlier breakout of the resistance trendline of the daily down channel from August (which enclosed the two previous waves A.

• CADJPY broke resistance area • Likely to rise to 81.65 CADJPY today broke sharply above the resistance area located between the resistance level 80.50 (which reversed the price twice in October) and the 61.8 % Fibonacci correction of the.