Technical analysis - Page 345

• 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.

• EURAUD reversed from support level 1.6500 • Likely to rise to 1.6845 EURAUD recently reversed up from the pivotal support level 1.6500 (which has been reversing the price from the end of April), standing close to the lower daily.

• NZDCAD reversed from key resistance level 0.8570 • Likely to fall to 0.8450 NZDCAD recently reversed down from the key resistance level 0.8570, standing close to the upper daily Bollinger Band. The downward reversal from the resistance level 0.8570.

• Copper reversed from support area • Likely to rise to 246.40 Copper recently reversed up from the support area lying between the support level 239,00, lower trendline of the daily up channel from April and the 50% Fibonacci correction.

• NZDUSD broke resistance level 0.6145 • Likely to rise to 0.6300 NZDUSD recently broke through the resistance level 0.6145 (which stopped the previous waves A and (b)) intersecting with the lower trendline of the wide down channel from the.

• 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.