Technical analysis - Page 434

Gold reversed from support area Further gains are likely Gold continues to rise inside the short-term impulse wave (iii), which started previously from the support zone located between the key support level 1200.00 (former resistance from August and September), 50-day.

• AUDCAD reversed from support area • Further gains are likely AUDCAD continues to rise inside the weekly upward impulse wave – which started previously – when the price reversed up sharply from the major support area lying between the.

NZDCHF broke resistance area Further gains are likely NZDCHF continues to rise inside after the earlier breakout of the resistance area lying between the resistance level 0.6650 (former support from July), daily up channel from September, 100-day moving average and.

Natural Gas broke key resistance level 3.330 Further gains are likely Natural Gas opened this week with the upward gap which broke through the powerful resistance level 3.330 (which stopped the two previous waves (iii) and (b) in October –.

Palladium reversed from support area Further gains are likely Palladium recently reversed up sharply from the support area lying between the key support level 1060.00 (which has been reversing the pair from the start of October) and the 38.2% Fibonacci.

GBPUSD rising inside corrective wave 2 Further gains are likely GBPUSD continues to rise inside the sharp short-term corrective wave 2, which started earlier from the support area lying between the strong support level 1.2700 (which stopped the sharp downtrend.

Platinum broke resistance area Further gains are likely Platinum recently broke through the resistance area located between the strong resistance level 848.00 (which has been reversing the price from July) and the resistance trendline of the daily up channel from.

NZDJPY broke resistance area Further gains are likely NZDJPY recently broke above the resistance area located between the strong resistance level 74.30 (top of the previous impulse wave 1 from October) and the 61.8% Fibonacci correction of the previous downward.

GBPCAD reversed from support area Further gains are likely GBPCAD recently reversed up from the support area between the strong support level 1.6600 (which has been reversing the price form the end of last year) and the lower daily Bollinger.

Silver broke support area Further losses are likely Silver recently broke through the support area located between the key support level 14.40 (low of the previous impulse wave 1) and the support trendline of the daily up channel from August..

GBPAUD broke support area Further losses are likely GBPAUD recently broke through the support area lying at the intersection of the round support level 1.8000 (monthly low from September) and the 50% Fibonacci correction of the previous sharp upward correction.

Copper broke key support level 271.50 Further losses are likely Copper recently broke through the key support level 271.50 (which has reversed the price multiple times from the start of October). The breakout of the support level 271.50 continues the.