Technical analysis - Page 383

Sugar broke resistance area Likely to rise to 13.40 Sugar recently broke above resistance area lying between multi-month resistance level 12.800 (which has been reversing the price from March) and the 61,8% Fibonacci correction of the previous weekly downward impulse.

GBPCAD broke resistance area Likely to rise to 1.7500 GBPCAD recently broke the resistance area lying between the resistance level 1.7275 (which also stopped the previous impulse wave (i)) and the 78,6% Fibonacci correction of the previous sharp downward impulse.

Goldman Sachs reversed from resistance area Likely to fall to 216.00 Goldman Sachs recently reversed down from the resistance area lying between the resistance level 222.00 which has been reversing the price from July) – strengthened by the upper daily.

USDCHF falling inside impulse wave 3 Likely to fall to 0.9865 USDCHF continues to fall inside the sharp impulse wave 3 , which started  recently from the resistance area lying between the resistance level 1.0010, upper daily Bollinger Band and.

Gold reversed from support area Likely to rise to 1480.00 Gold recently reversed up from the support area lying between the support level 1450.00 (which also stopped the previous correction (2)), lower daily Bollinger Band and the 38.2% Fibonacci correction.

NZDCAD broke key resistance level 0.8560 Likely to rise to 0,8700 NZDCAD recently broke above the key resistance level 0.8560 (which stopped the previous impulse wave 1 earlier this month). The breakout of the resistance level 0.8560 follows the earlier.

China Mobile broke support level 38.60 Likely to fall to 36.00 China Mobile recently fell sharply with the downward gap below the support level 38.60 (which stopped the previous impulse wave (iii)). The breakout of the support level 38.60 should.

WTI reversed from support level 55,00 Likely to rise to 58,00 WTI recently reversed up from the support level 55,00 (low of the earlier wave (iv)) – strengthened by the lower daily Bollinger Band and 50% Fibonacci correction of the.

Natural Gas broke daily up channel Likely to fall to 2.320 Natural Gas recently broke the support trendline of the daily up channel from August – intersecting with the 61,8% Fibonacci correction of the previous upward impulse (C) from October..

Alibaba broke strong resistance level 195.95 Likely to rise to 205.00 Alibaba recently broke the resistance trendline of the daily up channel from the start of October – intersecting with the powerful resistance level 195.95 (multi-month high from May). The.

GBPAUD reversed from resistance level 1.9070 Likely to fall to 1.8900 GBPAUD recently reversed down from the resistance level 1.9070 (monthly high from October) – strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 1.9070.

Microsoft broke resistance level 151.00 Likely to rise to 156.60 Microsoft recently broke above the key resistance level 151.00 (which stopped the previous impulse wave (i)). The breakout of the resistance level 151.00 accelerated the active impulse wave 3, which.