Technical analysis - Page 379

Cocoa reversed from support area Likely to rise to 2500.00 Cocoa recently reversed up from the support area lying between the support level 2400.00 (which has been reversing the price from October), lower daily Bollinger Band and the 50% Fibonacci.

AUDUSD broke key resistance level 0.6930 Likely to rise to 0.7080 AUDUSD recently broke above the key resistance level 0.6930 (monthly high from October and November – which also stopped the earlier wave (A)). The breakout of the resistance level.

Facebook reversed from long-term resistance level 209.00 Likely to fall to 202.90 Facebook recently reversed down from the resistance area lying at the intersection of the long-term resistance level 209.00 (which stopped the sharp uptrend in July) and the upper.

Natural Gas reversed from support area Likely to rise to 2.300 Natural Gas recently reversed up from the support area lying between the pivotal support level 2.166 (which has been reversing the price from October) and the lower daily Bollinger.

NZDUSD broke key resistance level 0.6630 Likely to rise to 0.6700 NZDUSD recently broke above the key resistance level 0.6630 (which created the pervious daily Japanese candlesticks reversal pattern Shooting Star at the start of December). The breakout of the.

ConocoPhillips broke resistance area Likely to rise to 66.00 ConocoPhillips recently broke the resistance area lying between the resistance levels 63.00 (which stopped the previous sharp upward wave (A) in September) and 63.80 (monthly high from May). The breakout of.

Gold broke key resistance level 1483.00 Likely to rise to 1513.00 Gold recently broke the key resistance level 1483.00 (which stopped the previous impulse waves i and (i)) – intersecting with the resistance trendline of the daily down channel from.

AUDUSD approached resistance level 0.6930 Likely to fall to 0.6840 AUDUSD recently approached the resistance level 0.6930 (former monthly high from October and November) – strengthened by the upper daily Bollinger Band and by the 61.8% Fibonacci correction of the.

Groupon broke long-term support level 2.32 Likely to fall to 2.00 Groupon recently broke the powerful long-term support level 2.32 (which has been reversing the price from the start of 2016, as can be seen from the weekly Groupon chart.

Cotton broke resistance zone Likely to rise to 70.00 Cotton recently broke the resistance zone lying between the resistance level 67.00 (which has been reversing the price from June) and the 50% Fibonacci correction of the previous downward impulse (1).

GBPAUD broke key support level 1.8900 Likely to fall to 1.8570 GBPAUD recently broke through the key support level 1.8900 (which has been steadily reversing the price from the middle of November). The breakout of the support level 1.8900 00.

Silver broke daily Falling Wedge Likely to rise to 17.25 Silver under bullish pressure after the earlier breakout of the resistance trendline of the daily Falling Wedge from the start of September. The breakout of this Falling Wedge continues the.