Technical analysis - Page 372

EURUSD broke key support level 1.0990 Likely to fall to 1.0920 EURUSD recently broke the key support level 1.0990 (which has been reversing the price from October) and the 61,8% Fibonacci correction of the pervious upward ABC correction (2) ..

IBM broke long-term resistance level 152.00 Likely to rise to 160.00 IBM recently broke through the powerful long-term resistance level 152.00 (which stopped the earlier sharp upward impulse sequence (1) in August). The breakout of the resistance level 152.00 accelerated.

Gold reversed from support area Likely to rise to 1600.00 Gold recently reversed up from the support zone lying between the key support level 1550.00 (former strong resistance from August), lower daily Bollinger Band and the 38.2% Fibonacci correction of.

CADCHF reversed from support area Likely to rise to 0.7360 CADCHF recently reversed up with the daily reversal pattern Morning Star from the support area lying between the key support level 0.7270 (which reversed the price twice in August) and.

Qualcomm reversed from support area Likely to rise to 90.00 Qualcomm recently reversed up from the support zone located between the key support level 85,00 (low of the previous correction (ii) from the start of January), lower daily Bollinger Band.

Wheat reversed from support zone Likely to rise to 575.00 Wheat recently reversed up with the daily hammer from the support area, lying between the key support level 547.00 (the bottom of the previous correction from the beginning of January),.

AUDUSD reversed from support area Likely to rise to 0.6800 AUDUSD recently reversed up with the daily Morning Star from the support area lying between the key support level 0.6675 (which has been reversing the price from August) and the.

General Electric reversed from support area Likely to rise to 35.00 General Electric recently reversed up with the daily Hammer from the support zone located between the long-term support level 33.00 (which stopped the previous sharp downtrend in May of.

Soy reversed from support area Likely to rise to 890.00 Soy recently reversed up from the support area lying between the strong, multi-month support level 870.00 (which reversed the previous sharp ABC correction in December, as can be seen below).

USDCHF reversed from support area Likely to rise to 0.9710 USDCHF recently reversed up sharply from the support area lying between the key support level 0.9630 (low of the previous daily Morning Star) and the lower daily Bollinger Band. The.

Sprint Corporation broke long-term support level 4.80 Likely to fall to 4,000 Sprint Corporation recently broke through the powerful, long-term support level 4.80 (former yearly low from the start of 2018, as can be seen below). The breakout of the.

Copper reversed from support area Likely to rise to 256.00 Copper recently reversed up sharply from the support area lying between the lower weekly Bollinger Band and the strong support levels 252.00 and 250.00. The upward reversal from this support.