Technical analysis - Page 348

USDCHF broke daily Triangle Likely to rise to 0.9800 USDCHF recently broke the resistance trendline of the daily Triangle from the end of March (which encloses waves (a) and (b) of the active ABC correction (ii)). The breakout of the.

EURNZD reversed from resistance area Likely to decline to 1.7845 EURNZD recently reversed down from the resistance area located between the resistance level 1.8305 (top of the earlier wave (a)) and the 38.2% Fibonacci retracement of the previous downward impulse.

EURGBP reversed from resistance zone Likely to fall to 0.8680 EURGBP recently reversed down from the resistance zone lying between the resistance level 0.8850 (which stopped the previous correction (ii) at the start of April) and the 38.2% Fibonacci retracement.

EURJPY reversed from support area Likely to rise to 117.80 EURJPY recently reversed up from the support area lying between the key support level 116.20 (which has been reversing the price from September) and the lower daily Bollinger Band. The.

GBPAUD reversed from support area Likely to rise to 1.9800 GBPAUD recently reversed up from the support zone lying between the support level 1.9400 (which also reversed the price at the start of March), lower daily Bollinger Band, support trendline.

GBPCHF reversed from support area Likely to rise to 1.2100 GBPCHF recently reversed up from the support area lying between the round support level 1.900 (which was set as the likely downward target in our previous forecast for this currency.

Corn reversed from long-term support level 305.00 Likely to rise to 330.00 Corn recently reversed up from the support zone lying between the long-term support level 305.00 (which also reversed the price in the middle of 2016, as can be.

Bitcoin has fared better than stocks but worse than gold and U.S. Treasuries during the coronavirus pandemic, with investors ascribing its performance to speculative bets and bids to hedge against inflation linked to stimulus measures. Enthusiasts have laid out numerous.

NZDCAD reversed from resistance area Likely to fall to 0.8370 NZDCAD recently reversed down from the resistance area lying between the key resistance level 0.8535, upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous downward impulse (1).

Copper broke daily up channel Likely to fall to 202.00 Copper earlier fell sharply breaking the support trendline of the narrow daily up channel from March – which accelerated the active impulse wave C. The recently approached the key support.

EURNZD reversed from support area Likely to rise to 1.8480 EURNZD recently reversed up from the support area lying between the support level 1.7845 (which stopped the previous wave A with the Bullish Engulfing) and the lower daily Bollinger Band..

HK50 reversed from resistance area Likely to fall to 23000.00 HK50 recently reversed down sharply from the resistance area lying between the key resistance level 25000.00 (former yearly low from 2019), upper daily Bollinger Band and the 50% Fibonacci correction.