Technical analysis - Page 328

A strike by workers in the Norwegian oil sector could soon wipe out nearly one-quarter of the country’s petroleum output, Norway’s Oil and Gas Association warned on Thursday, with the intensifying dispute helping oil prices to build on recent gains..

• EURAUD falling inside impulse wave 3 • Likely to reach 1.6300 EURAUD continues to fall inside the short-term downward impulse wave 3 – which reversed earlier from the key resistance level 1.6540 (which has been repeatedly reversing the pair.

• Brent crude oil continues to rise • Likely to reach 44.00 Brent crude oil has been rising in the last few trading sessions following the earlier upward reversal from the support area located between the key support level 40.00.

• NZDCAD broke support zone • Likely to fall to 0.8660 NZDCAD recently broke the support zone lying between the key support level 0.8750 and the 50% Fibonacci correction of the upward impulse wave (1) from August. The breakout of.

• AUDNZD rising inside impulse wave (iii) • Likely to reach 1.0940 AUDNZD continues to rise inside the short-term upward impulse wave (iii) – which belongs to the higher-order upward impulse waves 3 and (3). The price earlier broke the.

• Cotton rising inside impulse waves (iii) and 3 • Likely to rise to 68.90 Cotton continues to rise inside the short-term upward impulse wave (iii) of the medium-term upward impulse 3 from the start of August. The impulse 3.

Just as the U.K.’s trade negotiations with the European Union look like they’re heading off a cliff, there’s reason to suspect things might not be as bleak as they seem. On the surface, the brinkmanship is clear: On Tuesday, the.

• Sugar rising inside impulse wave 3 • Likely to rise to 14.75 Sugar continues to rise inside the accelerated upward impulse wave 3 – which belongs to the intermediate impulse wave (C) from the start of September. The price.

• USDJPY reversed from support area • Likely to rise to 106.30 USDJPY recently reversed up from the support area lying between the support level 105.20 and the 38.2% Fibonacci correction of the previous upward impulse wave 1 from September..

• AUDCHF reversed from support area • Likely to rise to 0.6600 AUDCHF recently reversed up from the support area lying between the lower daily Bollinger Band, key support level 0.6500 and the 38.2% Fibonacci correction of the upward impulse.

• Corn rising inside impulse waves 3 and (3) • Likely to rise to 393.00 Corn continues to rise inside the sharp upward impulse wave 3 – which reversed earlier from the key support level 380.00 (former powerful resistance from.

• HSI50 reversed from support area • Likely to rise to 24500.00 HSI50 recently reversed up from the confluence support area lying at the intersection of the support trendlines of the daily down channels from August and July as well.