Technical analysis - Page 349

• NZDCHF udder bearish pressure • Likely to fall to 0.5800 NZDCHF udder bearish pressure after the earlier downward reversal from the resistance area lying between the resistance level 0.5970, upper daily Bollinger Band and the 50% Fibonacci correction of.

• Natural gas broke round support level 1.700 • Likely to fall to 1.583 Natural gas continues to fall in line with our earlier report for this instrument. The price today broke the round support level 1.700 – which should.

• 3M broke key support level 141.10 • Likely to fall to 135.00 3M continues to fall after the earlier breakout of the key support level 141.10 (which stopped the (b)-wave of the previous ABC correction 2). The breakout of.

• NZDCAD reversed from resistance area • Likely to fall to 0.8420 NZDCAD recently reversed down from the resistance area lying between the resistance level 0.8550 (which has been reversing the price from the middle of March), upper daily Bollinger.

• EURGBP reversed from support area• Likely to rise to 0.8865 EURGBP recently reversed up from the support area lying between the support level 0.8680 (monthly low from April), lower daily Bollinger Band and the 61.8% Fibonacci correction of the.

• EURCAD reversed from support area• Likely to rise to 1.5300 EURCAD recently reversed up from the support zone located between the key support level 1.5100 (low of the previous ABC correction 2), lower daily Bollinger Band and the 50%.

• EURAUD under bullish pressure• Likely to rise to 1.7000 EURAUD under bullish pressure after the earlier upward reversal from the support zone located between the key support level 1.6595 (former monthly high from January) and the lower daily Bollinger.

• Wheat reversed from resistance zone• Likely to fall to 505.80 Wheat recently reversed down from the resistance zone located between the key resistance level 524.31 (former strong support from April) and the 38.2% Fibonacci retracement of the previous downward.

• CHFJPY reversed from key support level 108.80 • Likely to rise to 111.50 CHFJPY recently reversed up from the key support level 108.80 (which stopped the earlier short-term correction 2 in November) – standing near the lower daily Bollinger.

• Soy broke resistance area • Likely to rise to 870.00 Soy today broke the resistance area lying between the resistance level 855.00 (top of the previous impulse wave 1) and the 50% Fibonacci correction of the previous downward impulse.

• NZDUSD reversed from resistance level 0.6160 • Likely to fall to 0.6000 NZDUSD recently reversed down from the resistance level 0.6160 (top of the previous daily Evening Star) – intersecting with the upper daily Bollinger band and the lower.

• Amazon reversed from support area • Likely to rise to 2470.00 Amazon recently reversed up sharply from the support area lying between the support level 2270.00 (low of the previous correction (A)) and the 38.2% Fibonacci correction of the.