Technical analysis - Page 338

• NZDJPY broke key resistance level 66.20 • Likely to rise to 68,00 NZDJPY recently broke above the key resistance level 66.20 – which is the upper boundary of the sideways price range inside which the pair has been trading.

• S&P 500 broke resistance area • Likely to rise to 3100.00 S&P 500 under bullish pressure after the earlier breakout of the resistance area lying between the key resistance level 2950,00 and the 61,8% Fibonacci correction of the previous.

• Nikkei 225 broke key resistance level 20600,00, • Likely to rise to 21500,00 Nikkei 225 recently broke above the key resistance level 20600,00, intersecting with the 61,8 % Fibonacci retracement of the previous sharp downward impulse wave from the.

• AUDJPY reversed from support level 70,00 • Likely to rise to 72,50 AUDJPY recently reversed up from the pivotal support level 70,00 (former strong resistance level which stopped the previous waves A and (i), as can be seen below)..

• AUDCAD reversed from support level 0.9125 • Likely to rise to 0,9200 AUDCAD recently reversed up from the key support level 0.9125 (former strong resistance level which stopped the previous impulse waves (iii) and (v), as can be seen.

• Natural Gas falling inside short-term impulse wave 3 • Likely to fall to 1,5920 Natural Gas continues to fall inside the short-term impulse wave 3, which started earlier when the price reversed down from the resistance level 1.873, intersecting.

Another 2.4 million Americans filed for unemployment insurance last week even as states across the US began opening up for business again, betting that the coronavirus pandemic is now under control. The latest figures from the Department of Labor mean.

• Soy broke daily up channel • Likely to fall to 822.65 Soy recently broke the well-formed daily up channel from April (which encloses the previous medium-term ABC correction (2)) The breakout of this up channel should accelerate the active.

• NZDCAD reversed from resistance area • Likely to fall to 0.8500 NZDCAD today corrected down from the resistance area lying between the key resistance level 0.8570 (which stopped the previous waves (A) and B, as can be seen below).

• USDCAD reversed from support area • Likely to rise to 1.4165 USDCAD recently reversed up from the support area lying between the pivotal support level 1.3870 (which stopped the two previous waves (a) and (c)) and lower daily Bollinger.

• AUDUSD reversed from resistance area • Likely to fall to 0.6400 AUDUSD recently reversed down from the resistance area lying between the resistance level 0.6600 and the upper daily Bollinger Band. The downward reversal from this resistance area started.

• Baidu reversed from key resistance level 120.00 • Likely to fall to 100.00 Baidu recently reversed down sharply from the key resistance level 120.00 – standing well outside of the upper daily Bollinger Band. The downward reversal from the.