Technical analysis - Page 343

U.S. stock-index futures were trading lower Thursday morning after a series of gains pushed the Nasdaq Composite to within 2% of its all-time high, as a gradual restart to the U.S. and world economies from coronavirus-induced closures helps support bullish.

U.S. private payrolls fell less than expected in May, suggesting layoffs were abating as businesses reopen, though the overall economy’s recovery from the COVID-19 pandemic will be slow. Though the worst of job losses is probably behind, economists estimate that.

• EURCAD reversed from support level 1.5065 • Likely to rise to 1.5300 EURCAD recently reversed up from the pivotal support level 1.5065, which has been repeatedly reversing the pair from April, as can be seen below. The support area.

• EURJPY rising inside sharp C-wave • Likely to rise to 123.00 EURJPY continues to rise inside the sharp C-wave of medium-term ABC correction (2) from the start of May – which previously broke the pivotal resistance level 121.00. The.

• AUDNZD reversed from key resistance zone • Likely to fall to 1.0700 AUDNZD recently reversed down from the key resistance zone lying between the multi-month resistance level 1.0855 (monthly high from November) and the upper daily Bollinger band. The.

• IBEX 35 broke resistance area • Likely to rise to 7750.00 IBEX 35 continue to rise after the earlier breakout of the resistance area lying between the resistance level 7250.00, upper trendline of the daily Ascending triangle from March.

• EURUSD broke resistance zone • Likely to rise to 1.1300 EURUSD recently broke above the resistance zone lying between the resistance level 1.1150 (top of the previous correction from the end of March) and the 61.8% Fibonacci correction of.

• Copper broke resistance level 246.40 • Likely to rise to 253.00 Copper recently broke through the key resistance level 246.40 (which stopped the previous short-term impulse wave (iii) earlier this month). The breakout of the resistance level 246.40 is.

• EURCHF broke resistance level 1.0700 • Likely to rise to 1.0785 EURCHF recently broke through the resistance zone lying between the resistance level 1.0700 (monthly high from March) and the resistance trendline of the wide weekly down channel from.

• CADJPY broke resistance zone • Likely to rise to 81.00 CADJPY recently broke through the resistance zone lying between the resistance level 79.80, standing near and the 50% Fibonacci correction of the previous downward impulse from February. The breakout.

The White House on Monday called for “law and order” and blamed agitators for a sixth straight night of violent nationwide U.S. protests triggered by anger over racial inequities and excessive police force. Police and fire departments fought into the.

• AUDCAD broke resistance zone • Likely to rise to 0.9300 AUDCAD recently broke through the resistance zone lying between the two close resistance levels: 0.9200 and 0.9150 (multi-month high from December of 2019). The breakout of this resistance zone.