Technical analysis - Page 327

• Soy falling inside waves 1 and (C) • Likely to fall to 870,00 Soy continues to fall inside the sharp downward impulse wave 1 which started earlier from the resistance zone set between the long-term resistance level 910,00 (monthly.

• Natural gas reversed from resistance zone • Likely to fall to 1,8750 Natural gas recently reversed down from the key resistance zone lying between the resistance level 1,965 (which has been reversing the price from May), upper daily Bollinger.

• GBPAUD broke resistance zone • Likely to rise to 1,8450 GBPAUD recently broke the resistance zone lying between the resistance level 1,8160, resistance trendline of the daily down channel from the start of June and the 50% Fibonacci correction.

• GBPCAD rising inside impulse wave 3 • Likely to rise to 1,7700 GBPCAD continues to rise inside the accelerated impulse wave 3 – which previously broke the resistance zone lying between the resistance level 1,7200 and the 50% Fibonacci.

• ConocoPhillips broke key support level 38,25 • Likely to fall to 35,00 ConocoPhillips recently broke the support zone located between the key support level 38,25 (which has been reversing the price from May) and the 38,2% Fibonacci retracement of.

• GBPUSD rising inside accelerated impulse wave C • Likely to reach 1,3200 GBPUSD continues to rise inside the accelerated impulse wave C – which earlier broke above the resistance level 1.2800 (top of the previous daily correction A from.

• Starbucks broke resistance area • Likely to rise to 80,00 Starbucks recently broke through the resistance area located between the resistance level 77,50 and the 50% Fibonacci correction of the downward impulse (1). The breakout of this resistance area.

• Palladium reversed from resistance level 2365.00 • Likely to fall to 2160,00 Palladium recently reversed down from the major resistance level 2365.00 (former top of the sharp impulse wave (1) from March). The price is expected to form the.

• GBPCHF moving inside sideways price range • Likely to correct to 1.1750 GBPCHF recently reversed up from the support level 1.1750 (lower boundary of the narrow sideways price range – inside which the pair has been trading from the.

• Corn broke support level 322.50 • Likely to fall to 313.40 Corn recently broke the key support level 322.50 (low of the previous Morning Star from the middle of July, low of wave (i)). The breakout of the support.

• Procter & Gamble rising inside impulse wave 3 • Likely to reach 128.00 Procter & Gamble recently reversed up from the pivotal support level 124.60 (former resistance level which stopped the two sharp upward corrections in March and April)..

• GBPNZD reversed from support level 1.9000 • Likely to rise to 1.945 GBPNZD recently reversed up strongly from the key multi-month support level 1.9000 (which has been reversing the pair from September of 2019, as can be seen below)..