Technical analysis - Page 338

• Silver broke resistance level 17.50• Likely to rise to 18.90 Silver recently broke above the multi-month resistance level 17.50 (former strong support from January and February) – which has been reversing the price from the start of March. The.

• USDJPY reversed from resistance area• Likely to fall to 106.80 USDJPY recently reversed down from the resistance zone located between the pivotal resistance level 108.00 (top of the previous waves (a), (ii) and 1) and the upper daily Bollinger.

• CADJPY reversed from resistance area• Likely to fall to 77.00 CADJPY recently reversed down from the resistance area lying between the resistance level 78.25 (which has been reversing the price from the start of March), upper daily Bollinger band.

• EURNZD reversed from support area• Likely to rise to 1.8000 EURNZD rising after the earlier upward reversal from the support area lying between the key support level 1.7645 (which has been reversing the price from March) and the lower.

• 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.