Technical analysis - Page 366

Corn under bearish pressure Likely to fall to 333.00 Corn under bearish pressure after the earlier downward reversal from resistance area lying between the major resistance level 350.00 (former multi-month support from September), 38.2% Fibonacci correction level of the previous.

GBPNZD rising inside short-term impulse wave (iii) Likely to rise to 2.100 GBPNZD continues to rise inside the short-term impulse wave (iii) which started earlier from the support area lying between the round support level 2.000 (which has been reversing.

NZDUSD reversed from resistance area Likely to fall to 0.6000. NZDUSD recently reversed down from the resistance area lying between the round resistance level 0.6000 (low of the previous reversal pattern Long-Legged Doji from the start of March) and the.

3M broke daily down channel Likely to rise to 140.00 3M has been rising in the last few trading sessions inside the corrective wave 4 which started earlier from support area lying between the key support level 115.00 and the.

Boeing falling inside impulse wave 5 Likely to fall to 120.00 Boeing recently reversed down from the resistance area lying between the round resistance level 200.00, lower trendline of the wide down channel from last 2018 (acting as resistance after.

Cotton falling inside impulse waves 5 and (C) Likely to reach to 46.00 Cotton recently broke the support area located between the round support level 50.00 (which stopped the previous short-term impulse wave (i)) and the support trendline of the.

EURGBP broke support area Likely to fall to 0.8750 EURGBP recently broke through the support area lying between the round support level 0.9000 (which stopped the previous A-wave of the active ABC correction (2)) and the 38.2% Fibonacci retracement of.

EURJPY reversed from resistance area Likely to fall to 118.50 EURJPY recently reversed down from the resistance area lying between the strong resistance level 121.00 (which has been reversing the price from the start of February), upper daily Bollinger Band.

Natural Gas reversed from resistance area Likely to fall to 1.600 Natural Gas recently reversed down from the resistance area lying between the key resistance level 1.770 (former strong support from February) and the 38.2% Fibonacci retracement of the previous.

Wheat broke key resistance level 570.00 Likely to rise to 590.00 Wheat recently broke above the key resistance level 570.00 (which stopped the (b)-wave of the previous ABC correction 2 from the middle of January). The breakout of the resistance.

CADJPY reversed from resistance area Likely to fall to 76.00 CADJPY recently reversed down from the resistance area lying between the pivotal resistance level 78.37 (top of the previous wave (B) and the former multi-month support from August, acting as.

EURGBP broke round support level 0.9000 Likely to fall to 0.8800 EURGBP under bearish pressure following the earlier breakout of the key round support level 0.9000 (former strong resistance from last year). The breakout of the support level 0.9000 coincided.