Technical analysis - Page 366

The U.S. dollar hit four-month lows against a basket of peer currencies on Thursday and China’s yuan partially recovered losses from an earlier slide, as investors took a wait-and-see approach to tensions between the two countries. The United States gave.

• Gold rising inside impulse waves 3 and (3) • Likely to rise to 1900.00 Gold continues to rise inside the two nested fast-moving upward impulse waves 3 and (3) from the end of 2019. These impulse waves were accelerated.

• CHFJPY broke multi-month resistance level 114.40 • Likely to rise to 115.50 CHFJPY recently broke the powerful, multi-month resistance level 114.40 (which has been steadily reversing the price from the middle of January). The breakout of the resistance level.

• EURUSD broke key resistance level 1.1500 • Likely to rise to 1.1650 EURUSD continues to rise steadily after the earlier breakout of the key resistance level 1.1500 (previous multi-month high from the middle of March). The breakout of the.

• Nvidia reversed from support zone • Likely to rise to 430.40 Nvidia recently reversed up from the support zone lying between the round support level 400.00, support trendline of the sharp daily up channel from March and the 50%.

Silver’s steady rise off March lows has seen the grey metal flirt with five-year highs at $20.50. Silver prices have traded in a very narrow band for the past nine years, after making all-time highs of $55.69 in 2011. The.

• NZDUSD broke key resistance level 0.6590 • Likely to rise to 0.6750 NZDUSD continues to rise after the recent breakout of the key resistance level 0.6590 (former monthly high from the start of June). The breakout of this resistance.

• Platinum broke key resistance level 858.50 • Likely to rise to 918.8 Platinum recently broke above the multi-month resistance level 858.50 (former strong support from the start of March). The breakout of the resistance level 858.50 coincided with the.

• AUDCHF broke resistance area • Likely to rise to 0.6735 AUDCHF recently broke the resistance area lying between the resistance level 0.6615 (which has been reversing the price from the middle of June) and the 61.8% Fibonacci correction of.

• Silver approached long-term resistance level 21.1 • Likely to correct to 19.65 Silver has been rising sharply after the earlier breakout of the key multi-month resistance level 19.65 (which stopped the previous weekly correction (4) in 2019). The price.

• Natural gas falling inside impulse wave (iii) • Likely to reach 1.600 Natural gas continues to fall inside the short-term impulse wave (iii) – which belongs to longer-term impulse sequence 3 from the start of July. The price earlier.

• GBPJPY reversed from support level 134.00 • Likely to rise to 136.00 GBPJPY recently reversed up from the pivotal support level 134.00 (former resistance from June) – standing near the 50% Fibonacci retracement of the earlier upward impulse wave.