Technical analysis - Page 347

• CHFJPY reversed from support area • Likely to rise to 114,600 CHFJPY recently reversed up with the daily Bullish Engulfing from the support area located between the support level 113,50 (low of wave (iv)) and 38.2% Fibonacci correction of.

• GBPAUD reversed from resistance area • Likely to fall to 1.7880 GBPAUD recently reversed down from the resistance area located between the resistance level 1.8200, upper daily Bollinger Band and the 50% Fibonacci correction of the previous downward impulse.

• EURCAD broke resistance area • Likely to rise to 1.5540 EURCAD recently broke through the resistance area located between the key resistance level 1.5430 (top of the previous waves 1 and (i)) and the 38.2% Fibonacci correction of the.

• Copper reversed from long-term resistance level 299,00 • Likely to correct down to 287,80 Copper recently reversed down with the long daily Shooting Star from the resistance area located between the long-term resistance level 299,00 (former monthly high from.

• GBPCAD reversed from resistance area • Likely to fall to 1.7000 GBPCAD recently reversed down from the resistance area located between the resistance level 1.7200 (top of B-wave from June), upper daily Bollinger Band and the 50% Fibonacci correction.

• EURGBP reversed from support area • Likely to rise to 0.9070 EURGBP recently reversed up from the support area located between the support level 0.8950, lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward impulse.

• Costco broke powerful resistance area • Likely to rise to 336.00 Costco recently broke through the powerful resistance area located between the resistance levels 325.25 (monthly high from February) and 321.50 (monthly high from April). The breakout of this.

• EURNZD reversed from support area • Likely to rise to 1.7400 EURNZD recently reversed up from the support area located between the key support level 1.7180 (low of wave 3 from the start of June) and the lower daily.

• Copper approached major resistance level 288.50 • Likely to correct to 276.80 Copper has been rising sharply in the last few trading sessions – in line with our earlier report for this trading instrument. The price is currently approaching.

• CADJPY reversed from resistance area • Likely to fall to 78.20 CADJPY recently reversed down with the daily Bearish Engulfing from the resistance area lying between the resistance level 79.60, upper daily Bollinger band and the 38.2% Fibonacci correction.

• USDJPY falling inside impulse wave (c) • Likely to reach 106.00 USDJPY continues to fall inside the short-term impulse wave (c) – which started earlier from the resistance level 107.75 – intersecting with the upper daily Bollinger band. The.

• AUDNZD broke key support level 1.0585 • Likely to fall to 1.0500 AUDNZD recently broke below the key support level 1.0585 (which has been reversing the price from the end of April). The breakout of the support level 1.0585.