Technical analysis - Page 405

Wheat broke resistance zone Further gains are likely Wheat opened today with the runaway upward gap breaking through the resistance zone lying at the intersection of the resistance levels – 50% Fibonacci correction of the weekly downward impulse from last.

USDJPY trading inside support area Further gains are likely USDJPY is currently trading inside the support area lying between the support level 109.20 (low of the previous wave (2)) and the lower daily Bollinger Band. This support area is further.

AUDCAD reversed from support area Further gains are likely AUDCAD recently reversed up with the daily Morning Star from the support area lying between the support level 0.9210 and the lower daily Bollinger Band. This support area was further strengthened.

Corn broke round resistance level 400.00 Further gains are likely Corn opened today with the sharp upward gap following the earlier breakout of the round resistance level 400.00 (likely upward target mentioned in our earlier report for this instrument). The.

Wheat reversed from support area Further gains are likely Wheat recently reversed up from the support area lying between the pivotal support level 473.00 (former major resistance from last June) and the 38.2% Fibonacci correction of the previous upward impulse.

USDCHF reversed from support area Further gains are likely USDCHF recently reversed up from the support area lying between the parity, support trendline from September and the lower daily Bollinger Band. This support area was further strengthened by the 38.2%.

EURCHF broke support area Further losses are likely EURCHF recently broke through the support area lying between the key support level 1.1300 and the 61.8% Fibonacci correction of the previous upward impulse from March. The breakout of this support area.

Gold reversed from support area Further gains are likely Gold recently reversed up from the support area lying between the pivotal support level 1270.00 (which has been reversing the price from the end of April) and the lower daily Bollinger.

WTI broke support area Further losses are likely WTI recently broke through the support area lying between the round support level 60.00 (former resistance from March) and the support trendline of the daily up channel from February. The breakout of.

EURCAD reversed from support area Further gains are likely EURCAD recently reversed up from the support area lying between the key support level 1.4920 (which has been reversing the price from the start of December) and the lower daily Bollinger.

USDCAD reversed from support area Further gains are likely USDCAD today reversed up with the daily Hammer from the support area lying between the key support level 1.3390 (which has been reversing the price from the start of May) and.

Platinum broke key support level 815.00 Further losses are likely Platinum recently broke the key support level 815.00, which reversed the price at the start of March, as can be seen below. The breakout of this support level 815.00 accelerated.