Technical analysis - Page 375

AUDCAD reversed from resistance level 0.8700 Likely to fall to 0.8500 AUDCAD recently reversed down from the pivotal resistance level 0.8700 (former strong support from March), standing near the 61.8% Fibonacci retracement level of the previous sharp downward impulse wave.

WTI reversed from key support level 20.00 Likely to rise to 25.00 WTI recently reversed up from the key support level 20.00 (which stopped the previous sharp impulse wave (i) in March), standing near the lower daily Bollinger Band. The.

Gold reversed from support level 1575.00 Likely to rise to 1640.00 Gold recently reversed up from the support level 1575.00 (former strong support from February) intersecting with the 38.2% Fibonacci retracement level of the previous impulse wave (i) from March..

NZDCHF reversed from resistance area Likely to fall to 0.5600 NZDCHF recently reversed down from the pivotal resistance level 0.5800 (this is the 6th consecutive downward reversal from this resistance level), intersecting with the 50% Fibonacci correction of the previous.

CHFJPY reversed from resistance area Likely to fall to 110.40 CHFJPY recently reversed down from the resistance area lying between the key resistance level 114.00 (which has been reversing the price from the middle of January), upper daily Bollinger Band.

Copper reversed from resistance area Likely to fall to 205.00 Copper recently reversed down from the resistance area lying between the key resistance level 223.00 (which has been reversing the price from the middle of March) and the 38.2% Fibonacci.

Sugar broke strong support area Likely to fall to 10.00 Sugar recently broke through the strong support area lying between the key support level 10.70 (previous multi-month from last September) and the support level 10.50 (which stopped the previous impulse.

EURCHF reversed from resistance area Likely to fall to 1.0525 EURCHF recently reversed down from the resistance area lying between the key resistance level 1.0650 (top of the previous correction (ii)), upper daily Bollinger Band and the upper trendline of.

GBPCHF reversed from support area Likely to rise to 1.2100. GBPCHF recently reversed up from the support area lying between the round support level 1.1500 (which stopped the sharp weekly downtrend in 2011) and the lower monthly Bollinger Band. The.

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.