Technical analysis - Page 316

• NZDJPY broke resistance level 70.00 • Likely to rise to 71.00 NZDJPY recently broke the resistance level 70.00 (which was set as the likely upward target in our previous forecast for this currency pair). The breakout of the resistance.

• Corn broke key resistance level 378.80 • Likely to test resistance level 385.00 Corn continues to rise strongly after the earlier breakout of the key resistance level 378.80 (which stopped the previous impulse wave 1 in September). The breakout.

• Palladium rising inside impulse wave 3 • Likely to reach to 2410.00 Palladium continues to rise inside the short-term impulse wave 3, which started earlier from the support level 2200.00, intersecting with the lower daily Bollinger Band. The active.

• CHFJPY rising inside wave (ii) • Likely to rise to 115.00 CHFJPY continues to rise inside the short-term corrective wave (ii), which started earlier from the pivotal support level 113.20 (monthly low from July), intersecting with the lower daily.

• Boeing broke daily down channel • Likely to rise to 180.00 Boeing recently broke the resistance trendline of the daily down channel from August – which enclosed the previous downward impulse sequence Ⓒ. The breakout of this down channel.

• EURNZD reversed from resistance area • Likely to fall to 1.7600 EURNZD recently reversed down from the resistance area located between the resistance level 1.7815 (top of the previous wave A), upper daily Bollinger Band and the 50% Fibonacci.

• AUDNZD rising inside wave (ii) • Likely to reach 1.0915 AUDNZD continues to rise inside the short-term correction (ii), which started earlier from the support area located between the key support level 1.0725 (former resistance from June and July),.

• EURAUD reversed from resistance area • Likely to fall to 1.6125 EURAUD recently down from the resistance area located between the key resistance level 1.6560 (which has been reversing the price from the middle of June) and the upper.

• NZDCAD reversed from support area • Likely to rise to 0.8900 NZDCAD recently reversed up from the support area located between the pivotal support level 0.8745 (which has been reversing the price from the middle of August), lower daily.

• NZDUSD reversed from key support level 0.6500 • Likely to rise to 0.6625 NZDUSD recently reversed up from the key support level 0.6500 (which has been steadily reversing the price from July), lower daily Bollinger Band and the 38.2%.

• Silver reversed from support area • Likely to test 25.00 Silver recently reversed up with the daily Hammer from the support area located between the support level 22.75 (former low of wave (iv) from July), lower daily Bollinger Band.

• AUDUSD reversed from round support level 0.7000 • Likely to rise to 0.7200 AUDUSD recently reversed up with the daily Bullish Engulfing from the round support level 0.7000 (former resistance from June and July) – strengthened by the lower.