Technical analysis - Page 317

Employment in the USA rose by 916,000, better than the average forecast of 650,000. An additional positive signal from the labour market is that the average working week rose to 34.9 hours, a repeat of the highs of January and.

• AUDNZD reversed from resistance area • Likely to fall to support level 1.08150 AUDNZD recently reversed down from the resistance area located between the resistance level 1.0900 (strong barrier from September of 2020) and the upper daily Bollinger Band..

• Silver reversed from support area • Likely to rise to resistance level 26.65 Silver recently reversed up from the support area lying between the support level 24.00 (which has been reversing the price from December) lower daily Bollinger Band.

• USDCHF reversed from 0.9460 • Likely to fall to support level 0.9380 USDCHF recently reversed down from the long-term resistance level 0.9460 (former monthly high from July) – strengthened by the upper daily Bollinger Band. The downward reversal from.

• EURCHF reversed from resistance area • Likely to test support level 1.1000 EURCHF falling after the pair reversed down from the resistance area lying between the resistance level 1.1110 (which reversed the price multiple times from the start of.

• Microsoft broke resistance level 240.00 • Likely to rise to resistance level 245.00 Microsoft recently broke the resistance level 240.00 (which is the upper boundary of the sideways price range inside which the price has been trading from last.

• Gold reversed from key support level 1680.00 • Likely to reach resistance level 1720.00 Gold recently reversed up from the key long-term support level 1680.00, which has been reversing the price from the middle of April of 2020 –.

• CHFJPY broke resistance area • Likely to reach resistance level 118.00 CHFJPY recently broke the resistance area lying between the resistance level 117.00 (previous upward target) and the 50% Fibonacci correction of the downward impulse c from the middle.

• NZDJPY rising inside impulse wave 5 • Likely to reach resistance level 79.20 NZDJPY continues to rise inside the sharp upward impulse wave 5 – which started earlier with the daily Morning Star from the key support level 75.55.

• EURCAD broke key support level 1.4800 • Likely to test support level 1.4600 EURCAD falling strongly after the pair broke the key support level 1.4800 (which stopped the previous sharp impulse wave (iii) earlier this month). The breakout of.

• Dax broke round resistance level 15000.00 • Likely to reach resistance level 15500.00 Dax just broke above the key round resistance level 15000.00 – following the earlier breakout of the resistance level 14750.00 and the resistance trendline of the.

• Corn reversed from resistance level 558.50 • Likely to reach support level 531.00 Corn recently reversed down from the resistance level 558.50 (which is the upper boundary of the sideways price range inside which the price has been moving.