Technical analysis - Page 358

General Electric broke support zone Likely to fall to 5.00 General Electric recently broke through the support zone lying between the the long-term support level 7.72 (yearly low from 2019) and 6.65 (which stopped the sharp downtrend at the end.

Copper broke long-term support level 245.00 Likely to fall to 220.00 Copper recently broke below the long-term support level 245.00 (which has been steadily reversing the price form the end of 2016). The breakout of the support level 245.00 coincided.

USDCAD broke multi-month resistance level 1.3750 Likely to rise to 1.4500 USDCAD recently broke the key multi-month resistance level 1.3750 (which previously stopped the daily uptrend at the start of 2017 as can be seen from the weekly USDCAD chart.

GBPUSD broke pivotal support level 1.2200 Further losses likely toward 1.1945 GBPUSD under bearish pressure after the recent breakout of the pivotal support level 1.2200 (low of the previous intermediate ABC correction (B) from October). The breakout of the support.

USDCHF rising sharply Further gains likely toward 0.9700 USDCHF has been rising sharply in the last few trading sessions after the price reversed up beautifully from the multi-year support level 0.9200 (which stopped the daily downtrend at the start of.

GBPCHF broke multi-month support level 1.1700 Likely to fall to 1.1500 GBPCHF recently broke the key multi-month support level 1.1700 (which previously stopped the sharp downtrend in August of 2019 as can be seen below). The breakout of the support.

Platinum under bearish pressure Likely to fall to 600.00 Platinum under bearish pressure after the earlier breakout of the powerful long-term support level 790.00 (which reversed the price sharply in May and June of 2019). The breakout of the support.

AUDUSD under bearish pressure Likely to fall to 0.6000 AUDUSD under bearish pressure after the earlier breakout of the support level 0.6300 (bottom of the previous daily Hammer from the start of March). The breakout of the support level 0.6300.

Nikkei 225 falling inside impulse sequence ⑤ Likely to fall to 16000.00 Nikkei 225 has been falling sharply in the last few trading sessions after the index broke below the powerful long-term support level 19000.00 (which started the extended multi-year.

CADCHF reversed from support area Likely to rise to 0.6900 CADCHF recently reversed up strongly from the support area located between the long-term support level 0.6800 (which stopped the previous sharp downtrend at the start of 2016) and the lower.

GS stopped near support level 150.00 Likely to rise to 160.00 GS recently stopped near the powerful support level 150.00 (which similarly stopped the sharp multi-month downward impulse sequence (A) at the end of 2018, as can be seen below)..

Soy reversed from support area Likely to rise to 880.00   Soy recently reversed up from the support area lying between the key multi-month support level 845.00 (which has been reversing the price from June of 2019), lower daily Bollinger.