Technical analysis - Page 348

• Palladium reversed from support area • Likely to rise to 1900.00 Palladium recently reversed up from the support area lying between the support level 1741.00 (former monthly low form April), lower daily Bollinger band and the 61.8% Fibonacci correction.

• Silver broke resistance zone • Likely to rise to 17,00 Silver recently broke the resistance area lying between the resistance level 15.80 (monthly high from April) and the 61,8% Fibonacci correction of the previous downward impulse (3) from February..

• WTI broke resistance zone • Likely to rise to 31.77 WTI recently broke the resistance zone lying between the key resistance level 27.55 (top of the previous short–term impulse wave A) and the 38.2% Fibonacci correction of the previous.

• GBPCAD broke support zone • Likely to fall to 1.7000 GBPCAD recently broke the support zone lying between the key support level 1.7190 (monthly low from April) and the 50% Fibonacci correction of the previous upward impulse wave 1..

• Apple reversed from support area • Likely to rise to 320,00 Apple today reversed up from the support area lying between the support level 302.00 (former strong resistance from the start of March) and the 38.2% Fibonacci correction of.

• FedEx broke the support zone • Likely to fall to 100.00 FedEx recently broke the support zone lying between the key support level 107.50 (low of the previous correction B from April) and the 61.8% Fibonacci correction of the.

• Gold rising inside impulse waves (iii) and 3 • Likely to rise to 1747.00 Gold has been rising in the last few trading sessions inside the minor impulse waves (iii) and 3 – which belong to the longer-term impulse.

• GBPNZD reversed from key support level 2.014 • Likely to rise to 12.055 GBPNZD recently reversed up sharply from the key support level 2.014 standing near the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward.

• EURCHF approached key support level 1.050 • Likely to fall to 1.0450 EURCHF today reached the key support level 1.050 (former monthly low from April) – which also earlier reversed the pair at the start of May. The subsequent.

• IBM broke support zone • Likely to fall to 12.40 IBM today broke the support zone lying between the pivotal support level 14.35 (which has been reversing the price from March) and the 61.8% Fibonacci correction of the upward.

U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, bolstering some economists’ predictions for a brief period of deflation as the novel coronavirus depresses demand. The report from.

China is sealing off cities in a province that borders North Korea amid a growing cluster of cases. Hong Kong’s 23-day streak without a case of local transmission ended and Germany aims to fully reopen borders with European nations by.