Technical analysis - Page 427

Palladium broke key resistance level 1200.0 Further gains are likely Palladium continues to rise after the earlier breakout of the key resistance level 1200.0 (which was set as the likely upward target in our previous forecast for this instrument). The.

AUDUSD reversed from major support area Further gains are likely AUDUSD recently reversed up from the major support area lying between the long-term area support level 0.6800 (which stopped the weekly downtrend at the start of 2016) and the lower.

Soy broke resistance area Further gains are likely Soy continues to rise after the earlier breakout of the resistance area lying between the key resistance level 923.0 (which also stopped the previous waves 3 and 5, as can be seen.

EURGBP reversed from resistance area Further losses are likely EURGBP recently reversed down from the resistance zone lying between the strong resistance level 0.9080 (which has been reversing the price from the end of August, as can be seen below),.

Copper reversed from support area Further gains are likely Copper recently reversed up from the support area lying between the key support level 255.00 (which also stopped the sharp downtrend in the middle of August, as can be seen below).

Sugar broke support area Further losses are likely Sugar recently broke through the support area lying between the key support level 12.20 (which has been reversing the price from the end of November) and the 50% Fibonacci correction of the.

NZDJPY broke multi-month support level 72.20 Further losses are likely NZDJPY recently broke through the powerful multi-month support level 72.20 (which has been steadily reversing the price from the middle of August, as can be seen below). The breakout of.

CADJPY broke long-term support level 81.00 Further losses are likely CADJPY opened this year with the sharp downward impulse, which broke through the long-term support level 81.00 (which previously reversed the price sharply in April of 2017 and in January)..

Copper reversed from key resistance level 265.00 Further losses are likely Copper recently reversed down from the key resistance level 265.00 (former lower boundary of the sideways price channel inside which the price has been moving from September, as can.

WTI reversed from support area Further gains are likely WTI continues to rise after the earlier upward reversal from the support area lying between the long-term support level 42.50 (which has been reversing the price from the end of October).

GBPCHF reversed from support level 1.2400 Further gains are likely GBPCHF recently reversed up from the key support level 1.2400 (which also reversed the previous impulse wave 1 at the start of December, as can be seen below) – strengthened.

Silver broke resistance area Further gains are likely Silver recently broke through the resistance area lying between the resistance level 14.80 (which reversed the price multiple times from October) and the 50% Fibonacci correction of the previous downward impulse from.