Technical analysis - Page 388

NZDCAD reversed from pivotal support level 0.8240 Likely to rise to 0.8400 NZDCAD recently reversed up from the pivotal support level 0.8240 (which has been reversing the price from last October) – strengthened by the lower daily Bollinger Band. The.

CADJPY reversed from key support level 74.70 Likely to rise to 76.50 CADJPY recently reversed up from the key support level 74.70 (which is the lower boundary of the strong multi-year support zone which has been reversing the pair from.

General Motors falling inside impulse waves 3 and (3). Likely to fall to 18.00 and 15.00 General Motors has been under bearish pressure lately following the earlier breakout of the key support level 24.75 (former multi-month low from 2015). The.

Corn broke long-term support level 342.00 Likely to fall to 330,00 Corn recently broke below the strong, long-term support level 342.00 (former monthly low from April and May of 2019 – which started the previous sharp weekly uptrend). The breakout.

NZDUSD broke round support level 0.6000 Likely to fall to 0.5800 NZDUSD recently broke sharply below the round support level 0.6000 (which previously reversed the price with the daily candlestick pattern Long-legged Doji at the start of March). The breakout.

AUDUSD broke multi-year support level 0.6000 Likely to fall to 0.5500 AUDUSD recently broke sharply below the powerful, multi-year support level 0.6000 (which stopped the multi-month downtrend at the end of 2018, as can be seen from the monthly AUDUSD.

General Electric broke support zone Likely to fall to 5.00 General Electric recently broke through the support zone lying between the the long-term support level 7.72 (yearly low from 2019) and 6.65 (which stopped the sharp downtrend at the end.

Copper broke long-term support level 245.00 Likely to fall to 220.00 Copper recently broke below the long-term support level 245.00 (which has been steadily reversing the price form the end of 2016). The breakout of the support level 245.00 coincided.

USDCAD broke multi-month resistance level 1.3750 Likely to rise to 1.4500 USDCAD recently broke the key multi-month resistance level 1.3750 (which previously stopped the daily uptrend at the start of 2017 as can be seen from the weekly USDCAD chart.

GBPUSD broke pivotal support level 1.2200 Further losses likely toward 1.1945 GBPUSD under bearish pressure after the recent breakout of the pivotal support level 1.2200 (low of the previous intermediate ABC correction (B) from October). The breakout of the support.

USDCHF rising sharply Further gains likely toward 0.9700 USDCHF has been rising sharply in the last few trading sessions after the price reversed up beautifully from the multi-year support level 0.9200 (which stopped the daily downtrend at the start of.

GBPCHF broke multi-month support level 1.1700 Likely to fall to 1.1500 GBPCHF recently broke the key multi-month support level 1.1700 (which previously stopped the sharp downtrend in August of 2019 as can be seen below). The breakout of the support.