Technical analysis - Page 343

GBPCHF broke resistance zone Likely to fall to 1.1890 GBPCHF recently reversed down from the resistance area located between the key resistance level 1.2100 (former strong support from October) and the 61.8% Fibonacci correction of the downward impulse from the.

Wheat broke daily down channel Likely to rise to 587.00 Wheat continues to rise after the earlier breakout of the resistance trendline of the sharp daily down channel from March (which encloses the previous ABC correction (2)). The breakout of.

GBPNZD falling inside daily correction Likely to fall to 2.0420 GBPNZD continues to fall inside the sharp downward correction which started earlier from resistance area located between the key resistance level 2.100 and the upper daily Bollinger Band. The downward.

United Technologies reversed from resistance area Likely to fall to 80.00 United Technologies continues to fall inside the medium-term correction (2) which started earlier from the resistance area lying between the key resistance level 100.00 and the 38.2% Fibonacci correction.

Wall Street bounced on Friday as Boeing said it would resume production of commercial jets, with investors also cheering President Donald Trump’s plan to reopen the economy and on hopes of a potential drug by Gilead Sciences to treat COVID-19..

Gold reversed from resistance zone Likely to fall to 1600.00 Gold recently reversed down sharply from the resistance area located between the resistance level 1700.00 (which stopped the previous impulse wave (1)) and the upper weekly Bollinger Band. The downward.

EURNZD reversed from resistance zone Likely to fall to 1.7845 EURNZD recently reversed down from the resistance zone located between the resistance level 1.8240 and the 38.2% Fibonacci correction of the previous downward impulse from March The downward reversal from.

AUDNZD reversed from resistance level 1.0600 Likely to fall to 1.0500 AUDNZD recently reversed down from the round resistance level 1.0600 – standing near the weekly upper Bollinger Band. The downward reversal from the resistance level 1.0600 stopped the previous.

EURJPY falling inside impulse wave (iii) Likely to fall to 116.20 EURJPY continues to fall inside the strong short-term impulse wave (iii) which started earlier from the key resistance level 119.00, intersecting with the 50% Fibonacci correction of the downward.

Copper broke resistance zone Likely to rise to 240.00 Copper recently broke the resistance area located between the pivotal resistance level 230.00 (which stopped the previous impulse wave (i)) and the 50% Fibonacci correction of the downward impulse from the.

Natural Gas falling inside impulse wave (3) Likely to fall to 1.500 Natural Gas continues to fall inside the strong medium-term impulse wave (3) which stated earlier from the round resistance level 2.000, intersecting with the 200-day moving average. The.

Netflix broke key resistance level 390.00 Likely to rise to 440.00 Netflix recently broke above the key resistance level 390.00 (which stopped the earlier extended upper impulse wave (A) in March). The breakout of the resistance level 390.00 accelerated the.