Technical analysis - Page 308

• 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.

• 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.