Technical analysis - Page 387

GBPCHF rising inside weekly wave (ii) Further gains are likely GBPCHF continues to rise inside the long-term upward corrective wave (ii) which started recently from the support area lying between the major long-term support level 1.1710 (yearly low from 2016).

Copper reversed from support area Further gains are likely Copper recently reversed up sharply from the support area lying between the support levels 250.00 (monthly low from August), 255.00 (monthly low from January) and the lower daily Bollinger Band. The.

Natural Gas broke resistance area Further gains are likely Natural Gas recently broke the resistance area lying between the resistance level 2.340, 100-day moving average and the 50% Fibonacci correction of the previous downward impulse from May. The breakout of.

AUDJPY reversed from support area Further gains are likely AUDJPY recently reversed up from the support area lying between the round support level 70.00 (former multi-month low from January), support trendline of the daily down channel from April and the.

Brent Crude Oil falling inside impulse wave (iii) Further losses are likely Brent Crude Oil continues to fall inside the minor impulse wave (iii), which started earlier from the resistance area lying between the resistance level 61.00, upper daily Bollinger.

EURUSD broke support area Further losses are likely EURUSD recently broke the support area lying between the round support level 1.1000 and the support trendline of the daily down channel from January – which encloses the active impulse sequence ③..

EURAUD reversed from resistance area Further losses are likely EURAUD recently reversed down sharply through the resistance area lying between the long-term resistance level 1.6675, upper daily Bollinger Band and the resistance trendline of the daily up channel from April..

Palladium broke resistance area Further gains are likely Palladium recently broke the resistance area lying between the round resistance level 1.5000 (previous upward target) and the 50% Fibonacci correction of the previous downward impulse from July. The breakout of this.

NZDCAD broke daily down channel Further losses are likely NZDCAD recently broke below the support trendline of the extended daily down channel from March – which encloses the active long-term ABC correction ②. The breakout of this down channel follows.

Platinum broke resistance area Further gains are likely Platinum recently broke sharply through the resistance area lying between the strong resistance level 915.00 (multi-month high from April) and the resistance trendline of the wide daily up channel from June. The.

AUDCHF reversed from support area Further gains are likely AUDCHF recently reversed up from the support area lying between the support level 0.6520 (which reversed the price twice from the start of August), support trendline of the daily down channel.

Natural Gas broke resistance area Further gains are likely Natural Gas recently broke the resistance area lying between the resistance level 2.230 (which reversed earlier waves (a) and (b)), resistance trendline of the daily down channel from May and the.