Technical analysis - Page 314

• NZDCAD broke resistance area • Likely to rise to 0.8915 and 0.9000 NZDCAD recently broke resistance area located between the resistance level 0.8850 (which stopped the previous impulse wave (1)) and the 61.8% Fibonacci correction of the downward correction.

• EURJPY broke support area • Likely to fall to 123.00 EURJPY recently broke the support area located between the support level 124.50 (which stopped the previous waves iv, (iv) and (a)) and the 38.2% Fibonacci correction of the upward.

• MGM reversed from resistance zone • Likely to fall to 20.55 MGM recently reversed down from the resistance zone located between the key resistance level 24.00 (which has been steadily reversing the price from the start of June) and.

• EURGBP reversed from resistance area • Likely to fall to 0.9100 EURGBP recently reversed down from the resistance area lying at the intersection of the powerful resistance level 0.9300 and the resistance trendline of the wide weekly up channel.

• CADJPY broke support area • Likely to fall to 79.00 CADJPY recently broke the support area lying between the round support level 80.00 (which stopped earlier waves (b) and (i)) intersecting with the 38.2% Fibonacci correction of the previous.

• WTI rising inside wave (ii) • Likely to reach 43.55 WTI continues to rise inside the minor corrective wave (ii) – which started earlier from the support level 36.70 (former monthly low from July), intersecting with the lower daily.

• USDJPY broke support area • Likely to fall to 104.20 USDJPY continues to fall after the pair broke through the support area lying between the support level 105.20 (low of the previous waves (a) and b) and the 61.8%.

• Natural gas reversed from support level 2.270 • Likely to rise to 2.400 Natural gas recently reversed up from the support level 2.270 (former resistance from August) – standing near the lower daily Bollinger Band and the 38.2% Fibonacci.

• AUDUSD reversed from support level 0.7200 • Likely to rise to 0.7400 AUDUSD recently reversed up from the key support level 0.7200 (low of the previous wave A, which reversed the price multiple times in July and August). The.

• EURJPY reversed from resistance level 126.50 • Likely to fall to 124.50 EURJPY earlier reversed down from the resistance level 126.50 (which reversed the price twice in August) – intersecting with the upper daily Bollinger Band. The downward reversal.

• Cotton reversed from resistance level 66.35 • Likely to fall to 64.00 Cotton recently reversed down from the resistance level 66.35 (top of the two daily consecutive Shooting Stars from August) – standing near the upper daily Bollinger Band..

• Platinum broke resistance level 950.00 • Likely to rise to 965.00 Platinum continues to rise after the earlier breakout of the resistance level 950.00 – which was set as the likely upward target in our previous report for this.