Technical analysis - Page 337

• Gold reversed from support level 1695.00• Likely to rise to 1766.13 Gold recently reversed up from the key support level 1695.00, intersecting with the 38.2% Fibonacci correction of the previous sharp upward impulse from March. The upward reversal from.

• Corn rising inside weekly correction (4) • Likely to rise to 330.00 Corn continues to rise inside the weekly upward correction (4) – which started earlier from the powerful round support level 300.00 The upward reversal from the support.

• EURUSD broke key resistance level 1.1000 • Likely to rise to 1.1150 EURUSD today broke above the key resistance level 1.1000 (which stopped the two previous waves (i) and a – in April and March respectively). The breakout of.

• EURCAD reversed from pivotal support level 1.5100 • Likely to rise to 1.5320 EURCAD recently reversed up from the pivotal support level 1.5100 (which stopped the previous waves 2 and (a)) intersecting with the lower daily Bollinger Band. The.

• EURCHF broke key resistance level 1.0645 • Likely to rise to 1.0725 EURCHF continues to rise strongly after the earlier breakout of the key resistance level 1.0645 (which has been reversing the price from the start of March, as.

• Amazon reversed from support area • Likely to rise to 2525.00 Amazon rising steadily after the yesterday’s sharp upward reversal from the support area lying between the support level 2340.00 (low of wave B) and the lower daily Bollinger.

• AUDCAD reversed from resistance level 0.9200 • Likely to fall to 0.9030 AUDCAD recently reversed down sharply from the resistance zone lying between the resistance level 0.9200 (set as the likely upward target in the previous report for this.

• Adobe reversed from strong resistance level 386.50 • Likely to fall to 350.00 Adobe recently reversed down sharply from the strong resistance level 386.50 (which stopped the previous sharp upward impulse wave (5) in the middle of February), intersecting.

• EURAUD reversed from support level 1.6500 • Likely to rise to 1.6845 EURAUD recently reversed up from the pivotal support level 1.6500 (which has been reversing the price from the end of April), standing close to the lower daily.

• NZDCAD reversed from key resistance level 0.8570 • Likely to fall to 0.8450 NZDCAD recently reversed down from the key resistance level 0.8570, standing close to the upper daily Bollinger Band. The downward reversal from the resistance level 0.8570.

• Copper reversed from support area • Likely to rise to 246.40 Copper recently reversed up from the support area lying between the support level 239,00, lower trendline of the daily up channel from April and the 50% Fibonacci correction.

• NZDUSD broke resistance level 0.6145 • Likely to rise to 0.6300 NZDUSD recently broke through the resistance level 0.6145 (which stopped the previous waves A and (b)) intersecting with the lower trendline of the wide down channel from the.