Technical analysis - Page 329

• Sugar falling inside impulse wave (iii) • Sugar to reach 11.20 Sugar continues to fall after the recent breakout of the narrow daily up channel from the middle of May (which encloses the previous impulse wave C from May)..

• Corn broke daily up channel• Likely to fall to 313.40 Corn continues to fall after the recent breakout of the support trendlines of the daily up channel from the end of April (which encloses the previous ABC correction 4)..

• Natural gas broke strong support level 1.586• Likely to fall to 1.500 Natural gas recently broke the strong support level 1.586 (which has been steadily reversing the pair from price from the middle of April). The breakout of the.

EURGBP Wave Analysis – 25 June, 2020 • EURGBP reversed from resistance area• Likely to fall to 0.8900 EURGBP recently reversed down from the resistance area lying between the resistance level 0.9065 (former monthly high from May), upper daily Bollinger.

• EURNZD reversed from resistance level 1.7565• Likely to fall to 1.7200 EURNZD recently reversed down from the key resistance level 1.7565 (which has been reversing the price from the start of this month) – strengthened by the 38.2% Fibonacci.

• Cisco falling inside impulse wave (3)• Likely to fall to 43.60 Cisco has been falling in the last few trading sessions after the price reversed down from the lower trendline of the recently broken daily up channel from March.

The U.S. saw a record number of new coronavirus cases in a single day, with 45,557 diagnoses reported Wednesday, according to a tally by NBC News. Wednesday’s cases top the previous highest daily count from April 26 — during the.

• Brent crude oil reversed from resistance area • Likely to fall to level 37.50 Brent crude oil today reversed down from the resistance area lying at the intersection of the resistance level 43.30 (top of the previous wave (A)),.

• AUDCAD reversed from resistance level 0.9415 • Likely to fall to 0.9300 AUDCAD recently reversed down from the resistance area set between the resistance level 0.9415 (which stopped the earlier waves (A) and B) and the upper daily Bollinger.

• USDJPY reversed from support area • Likely to rise 107.60 USDJPY recently reversed up from the support area between the key support level 106.00 (monthly low from May), lower daily Bollinger band and the 50% Fibonacci retracement of the.

• Alibaba reversed from resistance level 230.00 • Likely to fall to 220.00 Alibaba group recently reversed down from the multi-month resistance level 230.00 (which stopped the extended daily uptrend at the start of this year) – strengthened by the.

• Silver reversed from support zone• Likely to rise 18.35 Silver recently reversed up from the support area lying at the intersection of the key support level 17.00 (multi-candle low from the end of May), lower daily Bollinger band and.