Technical analysis - Page 396

Cotton broke support level 60.00 Further losses are likely Cotton broke the round support level 60.00 (which stopped the weekly downward impulse wave (1) in the middle of June) The breakout the support level 60.00 continues the active medium-term impulse.

CADJPY broke round support level 80.00 Further losses are likely CADJPY recently broke below the round support level 80.00 (which stopped the sharp downward impulse wave 1 at the end of May, as can be seen below). The breakout of.

GBPAUD reversed from resistance zone Further losses are likely GBPAUD recently reversed down with the daily Shooting Star sharply from the resistance zone lying between the round resistance level 1.8000 (which has been reversing the pair from the start of.

WTI reversed from support zone Further gains are likely WTI recently reversed up sharply from the support zone lying between the multi-month support level 52.00 (which has been reversing the price from January) and the lower daily Bollinger Band. This.

Corn reversed from support zone Further gains are likely Corn recently reversed up from the support area located lying between the pivotal support level 1.6675 (former resistance from December), lower daily Bollinger Band and the 61.9% Fibonacci correction of the.

EURAUD reversed from resistance zone Further losses are likely EURAUD recently reversed down sharply from the resistance zone lying between the multi-month resistance level 1.6675 (monthly high from January) and the upper daily Bollinger Band. The downward reversal from this.

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.