Technical analysis - Page 308

• Copper reversed from support level 296.00 • Likely to rise to 309.00 Copper toward reversed up once again from the key support level 296.00 (former powerful resistance from July which also stopped the previous wave 2 at the start.

• Silver reversed from support zone • Likely to rise to 29.00 Silver recently reversed up with the daily Hammer from the support zone lying between the pivotal support level 26.00 (low of wave (b) from August) and the lower.

• Wheat reversed from support zone • Likely to rise to 560.00 Wheat today reversed up from the support zone lying between the pivotal support level 542.90 (former high of wave B from July) and the 38.2% Fibonacci retracement of.

• EURJPY reversed from support zone • Likely to rise to 127.00 EURJPY recently reversed up from the support zone lying between the key support level 124.35 (former monthly high from June), lower daily Bollinger Band and the 38.2% Fibonacci.

• EURGBP broke resistance area • Likely to rise to 0.9300 EURGBP continues to rise after the recent breakout of the resistance area lying between the resistance level 0.9165 (top of the previous minor impulse wave 1) and the 61.8%.

• CHFJPY reversed from support level area • Likely to rise to 117.65 CHFJPY recently reversed up from the support area located between the key support level 115.50 (low of the previous minor correction (iv)), lower daily Bollinger band and.

• Google broke daily up channel • Likely to fall to 1500.00 Google today broke the support trendline of the sharp daily up channel from the end of June (as can be seen from the daily Google chart below). The.

• Platinum reversed from support level 890.00 • Likely to rise to 950.00 Platinum recently reversed up from the support level 890.00 (which also reversed the price sharply in July) – intersecting with the support trendline of the daily up.

• USDCHF reversed from resistance level 0.9200 • Likely to fall to 0.9030 USDCHF recently reversed down strongly from the resistance level 0.9200 (former powerful support from the start of March). The downward reversal from the resistance level 0.9200 continues.

• EURUSD reversed from support level 1.1750 • Likely to rise to 1.1960 EURUSD today reversed up from the support level 1.1750 (which low of the previous minor correction 4 from last month) – coinciding with the lower daily Bollinger.

• GBPJPY under strong bearish pressure• Likely to fall to 136,56 GBPJPY under strong bearish pressure after the earlier breakout of the steep daily up channel from the end of June. The price is currently trading close to the support.

• Cotton falling inside minor corrective wave (ii)• Likely to reach to 62.80 Cotton continues to fall inside the minor corrective wave (ii) which reversed previously with the daily Shooting Star from the key resistance level 66.35 (which stopped the.