Technical analysis - Page 327

• AUDUSD rising inside impulse wave 3 • Likely to rise to 0.7030 AUDUSD continues to rise inside the short-term impulse wave 3, which started earlier from the key support level 0.6800. The support area near the support level 0.6800.

• Sainsbury’s broke daily up channel • Likely to fall to 1.900 Sainsbury’s recently broke the support trendline of the daily up channel from May (which enclosed the previous short-term ABC correction (ii)). The breakout of this up channel should.

Oil fell below $43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could stall, although crude was still headed for a weekly gain on lower supply and wider signs of economic recovery..

• NZDJPY broke resistance zone • Likely to rise to 71.5 NZDJPY today broke the resistance zone lying between the key resistance level 69.8 (top of the B-wave of the previous ABC correction (2)) and the 50% Fibonacci retracement of.

• Google rising inside impulse wave 5 • Likely to reach 1475.00 Google continues to rise inside the short-term impulse wave 5, which started earlier from the support zone surrounding the support level 1350.00 The active impulse wave 5 belongs.

• Silver reversed from resistance level 18.37 • Likely to fall 17.500 Silver recently reversed down from the resistance level 18.37 (top of the previous sharp impulse wave 1 from the middle of April) – standing near the upper daily.

EURNZD Wave Analysis – 2 July, 2020 • EURNZD broke key support level 1.7370 • Likely to fall to 1.7200 EURNZD recently broke below the key support level 1.7370 (former multi-day low which repeatedly reversed the pair in June). The.

• NASDAQ-100 broke resistance level 10287.00 • Likely to rise to 10750.00 NASDAQ-100 today broke the key resistance level 10287.00 (which stopped the previous sharp impulse wave (i) in the middle of June, as can be seen below). The breakout.

• NZDUSD reversed from support level 0.6400 • Likely to rise to 0.6525 NZDUSD recently reversed up from the support level 0.6400 (low of the previous correction 2) – standing near the lower daily Bollinger Band and the 38.2% Fibonacci.

• Corn broke two down channels • Likely to rise to 360.00 Corn continues to rise inside the sharp upward impulse wave C – which previous broke the two intersecting different-length price channels from April and the middle of 2019,.

• EURAUD broke pivotal support level 1.6285 • Likely to fall to 1.6085 EURAUDrecently broke below the pivotal support level 1.6285 (former multi-candle low which reversed the price repeatedly in June, as can be seen below). The breakout of the.

• Facebook started impulse wave (5) • Likely to reach 240.00 Facebook continues to rise inside the strong medium-term impulse wave (5) which started earlier from the support area lying between the lower daily Bollinger band and the 38.2% Fibonacci.