Technical analysis - Page 420

Gold reversed from support area Further gains are likely Gold recently reversed up from the support area lying between the support level 1270.00 (monthly low from the end of April) – strengthened by the lower daily Bollinger Band and by.

Silver broke support area Further losses are likely Silver recently broke the support area lying between the support level 13.16 and the 50% Fibonacci correction of the previous multi-month upward impulse wave from last September. The breakout of this support.

USDCAD reversed from key support level 1.3400 Further gains are likely USDCAD continues to rise after the recent upward reversal from the key support level 1.3400 (former resistance level from the start of April) – strengthened by the 38.2% Fibonacci.

Corn rising inside wave (ii) Further gains are likely Corn opened today with the sharp upward gap – which follows the earlier upward reversal from the key support area lying between multi-month support level 342.00 and the lower daily Bollinger.

GBPAUD broke resistance level 1.8430 Further gains are likely GBPAUD continues to rise after the recent breakout of the resistance level 1.8430 (which reversed (a)-wave of the active ABC correction (ii) earlier this month). The breakout of the resistance level.

EURJPY reversed from support area Further gains are likely EURJPY recently reversed up from the support area lying between the support level 124.10 (lower boundary of the sideways price range from March) and the lower daily Bollinger Band. The upward.

Sugar broke key support level 12.15 Further losses are likely Sugar continues to fall after the recent breakout of the key support level 12.15 (which also reversed the price at the start of March). The breakout of the support level.

Palladium broke key resistance level 1410.00 Further gains are likely Palladium today broke the key resistance level 1410.00 (which reversed the price two with two clearly formed daily Evening Stars from the start of this month). The breakout of the.

• NZDUSD reversed from support area • Further gains are likely NZDUSD continues to rise after the recent upward reversal from the support area lying between the support level 0.6600 (which also reversed the price in January) and the lower.

USDJPY reversed from resistance area Further losses are likely USDJPY recently reversed down from the resistance area lying between the resistance level 112.00 (monthly high from March) and the upper daily Bollinger Band. The downward reversal from this resistance area.

Copper broke support area Further losses are likely   Copper continues to fall after the recent breakout of the support area lying between the support level 290.00, support trendline from January and the 61.8% Fibonacci correction of the previous upward.

AUDCHF reversed from resistance area Further losses are likely AUDCHF recently reversed down from the resistance area lying between the resistance level 0.7250 (monthly high from February) and the upper daily Bollinger Band. The downward reversal from this resistance area.