Technical analysis - Page 394

Copper reversed from resistance area Likely to fall to 258.00 Copper recently reversed down from the resistance area lying between the key resistance level 262.00 (former strong support from October, November and December), 38.2% Fibonacci correction of the sharp downward.

Philip Morris reversed from resistance area Likely to fall to 86.00 Philip Morris recently reversed down from the resistance area lying between the long-term resistance 90.00 (former multi-month high from July of 2019) and the upper daily Bollinger Band. The.

EURUSD falling inside impulse waves 3 and (3) Likely to fall to 1.0770 EURUSD under bearish pressure after the earlier breakout of the key support level 1.0880 (which stopped the previous sharp downward impulse (1) in September). The breakout of.

AIG broke support area Likely to fall to 47.00 AIG recently broke sharply through the support area lying between the round support level 50.00 and the 50% Fibonacci retracement of the previous weekly upward impulse from March. The breakout of.

Sugar reversed from resistance area Likely to fall to 15.00 Sugar previously reversed down sharply from the resistance area lying between the multi-year resistance level 15.50 (which stopped the price at the end of 2017), upper weekly Bollinger Band and.

EURCHF reversed from strong support area Likely to rise to 1,0800 EURCHF recently reversed up from the strong support area lying between the long-term support level 1.0620 (which has been reversing the price from the middle of May) and the.

WTI reversed from support area Likely to rise to 54.00 WTI recently reversed up sharply from the support area lying between the key round support level 50.00, lower daily Bollinger Band and the support level 51.00 (which has been reversing.

Fedex broke multi-month resistance trendline Likely to rise to 163.90 Fedex recently broke through the multi-month resistance trendline which has been reversing the price from April of 2019 – as can be seen below. The breakout of this resistance trendline.

CADCHF broke resistance area Likely to rise to 0.7450 CADCHF recently broke the resistance area lying between the resistance level 0.7360 and the resistance trendline of the daily down channel from December (which encloses the previous short-term impulse wave C)..

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.