Technical analysis - Page 319
August 28, 2020
• Gold rising inside daily up channel • Likely to rise to 2000.00 Gold recently reversed once again from the support trendline of the wide daily up channel from March (like it did earlier this month). The support zone near.
August 28, 2020
• AUDCAD broke daily down channel • Likely to rise to 0.9655 AUDCAD recently broke the resistance trendline of the daily down channel from July (which enclosed the previous ABC correction (A)). The breakout of this down channel coincided with.
August 28, 2020
• EURJPY reversed from resistance level 126.70 • Likely to fall to 124.40 EURJPY recently reversed down exactly from the resistance level 126.70 (which stopped the previous minor impulse wave (i) at the start of August). The resistance zone near.
August 28, 2020
• NZDCAD broke resistance level 0.8800 • Likely to rise to 0.8900 NZDCAD continues to rise inside the sharp upward impulse wave ③, breaking today the resistance level 0.8800 (former support from the start of August). The breakout of the.
August 27, 2020
• Soy broke key resistance level 930.00 • Likely to rise to 950.00 Soy recently broke above the key resistance level 930.00 (previous upward target), intersecting with the resistance trendline of the daily up channel from April. The breakout of.
August 27, 2020
• Natural gas rising inside impulse wave C • Likely to rise to 2,880 Natural gas continues to rise strongly inside the sharp upward impulse wave C – which belongs to the multi-month ABC correction (2) from the end of.
August 27, 2020
• EURCAD broke support level 1.5510 • Likely to fall to 1.5360 EURCAD today broke the support level 1.5510, intersecting with the 50% Fibonacci correction of the upward impulse 1 from June. The breakout of the support level 1.5510 accelerated.
August 27, 2020
• USDCHF reversed from support level 0.9045 • Likely to rise to 0.9160 USDCHF recently reversed up from the key support level 0.9045 (which has been reversing the price from start of August). The support zone near the support level.
August 27, 2020
• Disney broke resistance level 131.60 • Likely to rise to 145.00 Disney recently broke with the upward gap above the resistance level 131.60 (which stopped the previous minor impulse wave (i) at the start of August). The breakout of.
August 26, 2020
• Silver reversed from support level 26.00 • Likely to rise to 28.5 Silver recently reversed up from the support level 26.00 (former key resistance from the end of July – which stopped the previous sharp upward impulse wave 3)..
August 26, 2020
• NZDCAD reversed from support level 0.8595 • Likely to rise to 0.8700 NZDCAD recently reversed up from the support level 0.8595 (former resistance from May) – standing near the lower daily Bollinger Band. The support zone near the support.


