Technical analysis - Page 351

• Platinum reversed from round support level 800.00 • Likely to rise to 850.00 Platinum recently reversed up sharply from the round support level 800.00 (low of the earlier impulse wave (iii)) – standing near the lower daily Bollinger Band.

• EURJPY reversed from support level 119.00 • Likely to reach 122.00 EURJPY recently reversed up from the support level 119.00 (former resistance from April), – intersecting with the 50% Fibonacci correction of the previous impulse wave from the start.

• Natural Gas reversed from pivotal support level 1.500 • Likely to rise to level 1.825 Natural Gas recently reversed up sharply from the pivotal support level 1.500 (set as the likely downward target in our earlier report for this.

• USDJPY broke resistance level 107.60 • Likely to rise to 109.30 USDJPY continues to rise after the earlier breakout of the resistance level 107.60 (top of the previous correction (b)) intersecting with the 38.2% Fibonacci retracement of the previous.

• China Mobile broke out of the sideways price range • Likely to fall to 32.15 China Mobile recently broke below the support level 34.00 (lower boundary of the narrow sideways price range inside which the price has been trading.

• Google reversed from resistance level 270.00 • Likely to fall to 1390.00 Google recently reversed down from the resistance level 1464.00 (which stopped the previous short-term impulse wave (iii)) standing near the upper daily Bollinger Bad. The downward reversal.

• Copper reversed from resistance level 270.00 • Likely to fall to 260.00 Copper recently reversed down from the resistance level 270.00 (which stopped the previous medium-term ABC correction (2)) and the upper daily Bollinger Bad. The downward reversal from.

• EURCHF broke support zone • Likely to fall to 1.0580 EURCHF recently broke below the support zone lying between the pivotal support level 1.0650 (which stopped the previous impulse wave (1)) and the 61.8% Fibonacci retracement of the previous.

• GBPCHF broke support zone • Likely to fall to 1.1600 GBPCHF today broke below the support zone lying between the key support level 1.1760 (monthly low from the middle of May) and the 38.2% Fibonacci retracement of the previous.

• Sugar falling inside impulse wave (iii) • Sugar to reach 11.20 Sugar continues to fall after the recent breakout of the narrow daily up channel from the middle of May (which encloses the previous impulse wave C from May)..

• Corn broke daily up channel• Likely to fall to 313.40 Corn continues to fall after the recent breakout of the support trendlines of the daily up channel from the end of April (which encloses the previous ABC correction 4)..

• Natural gas broke strong support level 1.586• Likely to fall to 1.500 Natural gas recently broke the strong support level 1.586 (which has been steadily reversing the pair from price from the middle of April). The breakout of the.