Technical analysis - Page 330

• Cotton reversed from resistance level 66.35 • Likely to fall to 64.00 Cotton recently reversed down from the resistance level 66.35 (top of the two daily consecutive Shooting Stars from August) – standing near the upper daily Bollinger Band..

• Platinum broke resistance level 950.00 • Likely to rise to 965.00 Platinum continues to rise after the earlier breakout of the resistance level 950.00 – which was set as the likely upward target in our previous report for this.

• GBPCAD reversed from multi-month support level 1.6800 • Likely to rise to 1.7075 GBPCAD recently reversed up from the powerful multi-month support level 1.6800 (which also reversed the price twice in June, as can be seen below) – standing.

• GBPUSD reversed from support level 1.2800 • Likely to rise to 1.3000 GBPUSD recently reversed up from the support level 1.2800 (former strong resistance from June) – standing near the lower daily Bollinger Band. The support zone near the.

• Amazon reversed from support level 3080.00 • Likely to rise to 3300.00 Amazon earlier reversed up from the support level 3080.00 (former monthly low from August) – intersecting with the lower daily Bollinger Band and the 50% Fibonacci correction.

• Corn broke key resistance level 362.70 • Likely to rise to 370.00 and 380.00 Corn today broke above the key resistance level 362.70 (former powerful support from February and November) and the top of the previous impulse wave (iii))..

• GBPNZD falling inside impulse wave 3 • Likely to test the support at 1.9000 GBPNZD continues to fall inside the sharp upward impulse wave 3, which previously broke the support level 1.9490, intersecting with the 61.8% Fibonacci correction of.

• GBPCHF approached key support level 1.1600 • Likely to fall to 1.1500 GBPCHF has been falling strongly in the last few trading sessions –  in line with the earlier report for this currency pair. The price is currently trading.

• GBPAUD broke key support level 1.7710 • Likely to fall to 1.7400 GBPAUD recently broke sharply below the key support level 1.7710 (low of the daily hammer and wave (A) from the middle of July). The breakout of the.

• Copper reversed from support level 296.00 • Likely to rise to 309.00 Copper toward reversed up once again from the key support level 296.00 (former powerful resistance from July which also stopped the previous wave 2 at the start.

• Silver reversed from support zone • Likely to rise to 29.00 Silver recently reversed up with the daily Hammer from the support zone lying between the pivotal support level 26.00 (low of wave (b) from August) and the lower.

• Wheat reversed from support zone • Likely to rise to 560.00 Wheat today reversed up from the support zone lying between the pivotal support level 542.90 (former high of wave B from July) and the 38.2% Fibonacci retracement of.