Technical analysis - Page 330

• Silver approached long-term resistance level 21.1 • Likely to correct to 19.65 Silver has been rising sharply after the earlier breakout of the key multi-month resistance level 19.65 (which stopped the previous weekly correction (4) in 2019). The price.

• Natural gas falling inside impulse wave (iii) • Likely to reach 1.600 Natural gas continues to fall inside the short-term impulse wave (iii) – which belongs to longer-term impulse sequence 3 from the start of July. The price earlier.

• GBPJPY reversed from support level 134.00 • Likely to rise to 136.00 GBPJPY recently reversed up from the pivotal support level 134.00 (former resistance from June) – standing near the 50% Fibonacci retracement of the earlier upward impulse wave.

• USDCHF reversed from level 0.9380 • Likely to rise to 0.9465 USDCHF recently reversed up from the key support level 0.9380 (which has been reversing the price from the middle of March, as can be seen from the daily.

• Wheat falling inside impulse wave 3 • Likely to fall to 500.00 Wheat continues to fall inside the short-term impulse wave 3 which stared earlier from the key resistance level 550.00. The downward reversal from the resistance level 550.00.

The economic aftermath of the coronavirus pandemic is likely to worsen when authorities start rolling back relief measures — and banks could experience “far more damage” to their balance sheets, said Piyush Gupta, group chief executive of Singaporean bank DBS..

• Silver reversed from pivotal support level 18.95 • Likely to rise to 20.00 Silver recently reversed up from the pivotal support level 18.95 (former multi-month resistance level which started the sharp (C)-wave at the end of February, as can.

• Palladium broke daily Triangle • Likely to reach 2163.50 Palladium has been rising in the last few trading sessions after the price broke the resistance trendline of the daily Triangle from the middle of April. The breakout of this.

• CADCHF reversed from resistance area • Likely to fall to 0.6900 CADCHF recently reversed down from the round resistance level 0.7000 (which also stopped the previous correction (ii)) – standing near the upper daily Bollinger Band The resistance area.

• GBPCHF reversed from resistance area • Likely to fall to 1.1725 GBPCHF recently reversed down from the resistance area located between the resistance level 1.1900 (which has been reversing the price from the start of July), upper daily Bollinger.

• Morgan Stanley broke key resistance level 51.90 • Likely to rise to 56.50 Morgan Stanley recently broke above the key resistance level 51.90 (former monthly high from June and the reversal pivot from the end of January). The breakout.

• GBPAUD reversed from support level 1.7935 • Likely to rise to 1.8200 GBPAUD today reversed up from the strong support level 1.7935 (which has been steadily reversing the price from the middle of June), standing near the lower daily.