Technical analysis - Page 341

• 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.

• Apple broke multi-month resistance 328.00   • Likely to rise to 350.00 Apple recently broke above the key multi-month resistance level 328.00 (which previously stopped the sharp upward impulse sequence in January, as can be seen below). The breakout.

• GBPAUD under bullish pressure • Likely to rise to 1.8400 GBPAUD under bullish pressure after the earlier upward reversal from the support area lying between the key support level 1.8080 (former monthly low from October of 2019) and the.

• NZDUSD broke resistance area • Likely to rise to 0.6640 NZDUSD recently broke the resistance area lying between the resistance levels 0.6450 (monthly high from March) and 0.6490 (monthly high from February). The breakout of this resistance area accelerated.

• GBPCHF reversed from resistance area • Likely to fall to 1.2000 GBPCHF recently reversed down from the resistance area lying between the key resistance level 1.2200 (former monthly high from April), upper daily Bollinger band and the 61.8% Fibonacci.

• Copper broke key resistance level 250.00 • Likely to rise to 262.00 Copper recently broke above the key resistance level 250.00 (which revered the price twice in the middle of March, as can be seen below). The breakout of.