Technical analysis - Page 387

Wheat reversed from support level 540,00 Likely to rise to 550,00 Wheat recently reversed up from the support level 540,00 (low of the earlier correction from December), strengthened by the lower daily Bollinger Band and by the 50% Fibonacci correction.

General Electric broke resistance level 13,00 Likely to rise to 13,50 General Electric recently broke through the resistance level 13,00 – which stopped the previous sharp upward impulse wave (i) at the end of January. The breakout of the resistance.

EURCAD broke multi-month support level 1.4460 Likely to fall to 1.4300 EURCAD recently broke sharply through the strong multi-month support level 1.4460 (which has been reversing the price from the start of September). The breakout of the support level 1.4460.

Sugar under bullish pressure Likely to rise to 16.00 Sugar is under the bullish pressure after the earlier breakout of the resistance zone lying at the intersection of the key resistance level 15.00 and the upper resistance trendline of the.

General Motors reversed from support area Likely to rise to 35.65 General Motors recently reversed up from the combined support zone lying at the intersection of the multi-month support level 33.00 (which stopped the earlier sharp impulse wave (C) in.

AUDUSD reversed from support area Likely to rise to 0.6775 AUDUSD recently reversed up from the support area lying between the long-term support level 0.6675 (which has been reversing the price from the start of 2019) and the lower daily.

AIG broke key resistance level 53.00 Likely to rise to 55.55 AIG recently rose sharply breaking through the key resistance level 53.00 (which stopped the two previous minor corrections 4 and (b), as can be seen below). The breakout of.

Cotton reversed from support area Likely to rise to resistance level 70.00 Cotton recently reversed up from the support zone located between the pivotal support level 66.80 (former resistance from November), support trendline of the daily up channel from August,.

USDCAD reversed from resistance area Likely to fall to support level 1.3250 USDCAD recently reversed down from the resistance area lying between the key resistance level 1.3320 (which has been reversing the price from October), upper daily Bollinger Band and.

JPMorgan Chase broke daily down channel Likely to rise to 140.65 JPMorgan Chase continues to rise inside the medium-term impulse wave (3) – which started earlier from the combined support zone surrounding the key support level 130.00. The price previously.

Palladium reversed from support area Likely to rise to 2400.00 Palladium recently reversed up from the support zone located between the key level 2155.00 (low of the previous short-term correction 4), lower daily Bollinger Band and the 38.2% Fibonacci correction.

GBPJPY reversed from support area Likely to rise to 143.40 GBPJPY recently reversed up from the support area lying between the pivotal support level 141.00 (which has been reversing the price from October), lower daily Bollinger Band and the 38.2%.