Technical analysis - Page 318

• GBPNZD rising inside wave 4 • Likely to reach 1.9750 GBPNZD continues to rise inside the (c)-wave of the minor ABC correction 4 from the start of September. The active impulse wave (c) started when the pair reversed up.

• Soy broke daily up channel • Likely to fall to 986.00 Soy continues to fall inside the sharp downward correction 4, which started earlier with the daily Bearish Engulfing from the key multi-month resistance level 1040.00. The price today.

• Sugar broke resistance area • Likely to rise to 13.30 Sugar recently broke the resistance area lying between the resistance level 12.77 (former multi-candle high from August) and the 61.8% Fibonacci correction of the downward price impulse 1 from.

• AUDUSD broke support area • Likely to fall to 0.7000 AUDUSD under bearish pressure following the earlier breakout of the support area lying between the support level 0.7145 (which has been reversing the price from August) and the 38.2%.

• USDCHF broke resistance level 0.9200 • Likely to rise to 0.9240 USDCHF recently broke the key resistance level 0.9200 (which stopped the previous short-term corrective wave (a) at the start of September, as can be seen below). The breakout.

• Twitter broke resistance level 43.70 • Likely to test 45.50 Twitter today opened with the sharp upward gap breaking above the resistance level 43.70 (top of the previous short-term impulse wave (iii) from the start of September). The breakout.

• Soy reversed from support zone • Likely to rise to 1045.00 Soy recently reversed up from the support zone lying between the support level 1010.00 (top of the daily Shooting) and the 38.2% Fibonacci correction of the upward impulse.

• AUDCAD reversed from resistance zone • Likely to fall to 0.9500 AUDCAD recently reversed down from the resistance zone lying between the strong resistance level 0.9700 (which stopped the previous sharp impulse wave (C) in July) and the upper.

• USDJPY reversed from support zone • Likely to rise to 105.20 USDJPY recently reversed up from the support zone located between the key support level 104.20 (monthly low from July) and the lower daily Bollinger Band. The upward reversal.

• PepsiCo reversed from support zone • Likely to rise to 135.00 PepsiCo recently reversed up from the support area lying between the support level 129.35 (which earlier formed the two consecutive Bullish Engulfing patterns in June) and the lower.

• Comcast falling inside impulse wave (3) • Likely to reach 43.00 Comcast continues to fall inside the sharp impulse wave (3) , which started earlier from the resistance zone set between the multi-month resistance level 47.40 (January high) and.

• Natural gas broke support zone • Likely to fall to 1.800 Natural gas today broke the support zone set between the support level 1.92 (former resistance from July) and the 61.8% Fibonacci correction of the sharp upward impulse C.