Technical analysis - Page 333

• Wheat reversed from support zone • Likely to rise to 510,00 Wheat today reversed up from the support area lying between the multi-month support level 495,00 (which stopped the previous impulse waves (1) and 1 respectively) and the lower.

• NZDCHF reversed from resistance zone • Likely to fall to 0.6020 NZDCHF recently reversed down sharply from the resistance zone located between the resistance level 0.6240 (former support from the end of January and the start of February) and.

• NZDJPY falling inside wave (2) • Likely to fall to 68,00 NZDJPY falling sharply inside the medium-term downward corrective wave (2), which started earlier from the resistance area lying between the resistance level 71,00 (middle of the previous resistance.

• CADCHF falling inside wave 2 • Likely to fall to 0.6915 CADCHF continues to fall inside the sharp downward correction 2, which started earlier from the resistance area lying between the resistance level 0,7200 and the resistance trendline of.

• Natural gas reversed from pivotal support level 1.775 • Likely to rise to 1,900 Natural gas continues to rise after the earlier upward reversal from the pivotal support level 1.775 (former double bottom from May) – standing near the.

• Coca-Cola falling inside impulse wave ③ • Likely to fall to 46,00 Coca-Cola recently reversed down sharply from the resistance zone located between the resistance level 49.60 (top of the previous wave (A)) and the upper daily Bollinger Band..

• USDJPY broke daily up channel • Likely to fall to 106.80 USDJPY recently broke the lower support trendline of the daily up channel from the start of May – which should accelerate the active short-term impulse wave 3. The.

• USDCHF broke key support level 0.9500 • Likely to fall to 0.9400 USDCHF continues to fall after the earlier breakout of the key support level 0.9500 (former low of the previous short-term impulse wave 1 from the end of.

• Copper broke resistance level 262.00 • Likely to rise to 275.00 Copper recently broke above the pivotal resistance level 262.00 (former resistance from February and the start of March – which also served as powerful support in November and.

• Silver reversed from support level 17.50 • Likely to rise to 18.35 Silver continues to rise after the earlier upward reversal from the pivotal support level 17.50 – former strong resistance which started two downward corrections in March and.

• EURAUD reversed from support area • Likely to rise to 1.6500 EURAUD recently reversed up sharply from the support area lying between the multi-month support level 1.6085  (which has been reversing the price from the start of January) and.

• Gold reversed from support area • Likely to rise to 1765.00 Gold recently reversed up from the support area lying between pivotal support level 1670.00 (which has been reversing the price from the middle of April), lower daily Bollinger.