Technical analysis - Page 321

• Cotton broke daily up channel • Likely to fall to 58.60 Cotton recently broke the support trendline of the daily up channel from March (which has enclosed the previous medium-term ABC correction (2)). The breakout of this up channel.

• NZDJPY reversed from resistance level 71.60 • Likely to fall to 70.00 NZDJPY recently reversed down from the resistance level 71.60 (former top from June) – intersecting with the upper daily Bollinger Band. The downward reversal from the resistance.

• Euro50 reversed from resistance level 3400.00 • Likely to fall to 3230.00 Euro50 recently reversed down from the pivotal resistance level 3400.00 (former monthly low from October of 2019 and the latest monthly high from June), intersecting with the.

• Copper reversed from long-term resistance level 298.00 • Likely to fall to 287.50 Copper recently reversed down from the long-term resistance level 298.00 (which has been steadily reversing the price from the middle of 2019, as can be seen.

• AUDJPY reversed from multi-month resistance level 76.50 • Likely to fall to 75.20 AUDJPY recently reversed down from the powerful, multi-month resistance level 76.50 (which has been reversing the price from the end of December), intersecting with the upper.

• NZDCHF reversed from resistance level 0.6225 • Likely to fall to 0.6100 NZDCHF recently reversed down from the resistance level 0.6225 (top of the previous impulse wave (iii)), intersecting with the upper daily Bollinger Band. The downward reversal from.

• USDCHF broke key support level 0.9380 • Likely to fall to 0.9200 USDCHF continues to fall sharply after the earlier breakout of the key support level 0.9380- which stopped the previous impulse waves 1 and (i). The breakout of.

• Nike reversed from support level 95.65 • Likely to rise to 102.50 Nike recently reversed up from the support level 95.65 (which previously revered the price twice from the start of July) – intersecting with the 38.2% Fibonacci correction.

The U.S. dollar hit four-month lows against a basket of peer currencies on Thursday and China’s yuan partially recovered losses from an earlier slide, as investors took a wait-and-see approach to tensions between the two countries. The United States gave.

• Gold rising inside impulse waves 3 and (3) • Likely to rise to 1900.00 Gold continues to rise inside the two nested fast-moving upward impulse waves 3 and (3) from the end of 2019. These impulse waves were accelerated.

• CHFJPY broke multi-month resistance level 114.40 • Likely to rise to 115.50 CHFJPY recently broke the powerful, multi-month resistance level 114.40 (which has been steadily reversing the price from the middle of January). The breakout of the resistance level.

• EURUSD broke key resistance level 1.1500 • Likely to rise to 1.1650 EURUSD continues to rise steadily after the earlier breakout of the key resistance level 1.1500 (previous multi-month high from the middle of March). The breakout of the.