Technical analysis - Page 395

Silver broke strong resistance level 16.60 Further gains are likely Silver today broke the strong resistance level 16.60 – which formed the Tipple Top in July. The breakout of the resistance level 16.60 should accelerate the active impulse wave (iii).

AUDNZD reversed from support zone Further gains are likely AUDNZD recently reversed up sharply from the support zone lying between the round support level 1.0300 and the lower daily Bollinger Band. The price today broke the resistance trendline of the.

Copper reversed from long-term support level 255.00 Further gains are likely Copper today reversed up strongly from the long-term support level 255.00 – which has been reversing the price from last August . The support area near the support level.

NZDCHF reversed from key support level 0.6330 Further gains are likely   NZDCHF today reversed up from the multi-month support level 0.6330 – which also stopped the strong downtrend in September. The support area near the support level 0.6330 was.

Gold broke resistance area Further gains are likely Gold today broke the resistance area lying between the resistance levels 1430.00 and 1450.00 – which has been reversing the price from the end of June. The breakout of this resistance area.

NZDJPY reversed from support level 69.00 Further gains are likely NZDJPY today reversed up from the support level 69.00 – which was set as the likely downward target in our earlier forecast for this currency pair. The support area near.

Silver falling inside impulse wave (c) Further losses are likely Silver recently reversed down 3 times from the powerful resistance level 16.00 – intersecting with the daily Upper Bollinger Band. The latest downward reversal from the resistance level 16.00 started.

NZDJPY broke key support level 70.35 Further losses are likely NZDJPY recently broke below the pivotal support level 70.35 – which reversed the price sharply in May and June. The breakout of the support level 70.35 accelerated the active impulse.

Palladium broke round support level 1500.00 Further losses are likely Palladium recently broke below the round support level 1500.00 – which reversed the price multiple times in July. The breakout of the support level 1500.00 accelerated the active short-term impulse.

EURUSD broke key support level 1.1120 Further losses are likely EURUSD recently broke sharply below the key support level 1.1120 – which has been reversing the price from the end of April – as can be seen below. The breakout.

Corn broke support area Further losses are likely Corn recently broke through the the support area lying between the support levels 414.00 (previous downward target) and 410.00. The price earlier broke the 38.2% Fibonacci correction of the previous sharp upward.

GBPAUD reversed from support area Further gains are likely GBPAUD recently reversed up sharply from the support area lying between the key support level 1.7600, lower daily Bollinger Band and the support trendline of the daily down channel from May..