Technical analysis - Page 437

Silver reversed from resistance area Further losses are likely Silver recently reversed down from the resistance area lying between the key resistance level 14.90 (top of the previous correction (ii) from August), upper daily Bollinger Band and the 61.8% Fibonacci.

EURGBP broke support area Further losses are likely EURGBP continues to fall after the earlier breakout ofthe support area lying between the key support level 0.8800 (monthly low from July) and the 61.8% Fibonacci correction of the previous sharp upward.

Natural Gas broke key resistance level 3.2500 Further gains are likely Natural Gas today broke through the key resistance level 3.2500 (which stopped the previous sharp impulse wave (i) at the start of this month). The breakout of the resistance.

CHFJPY broke key support level 114.00 Further losses are likely CHFJPY today broke below the key support level 114.00 (which stopped the previous waves (a) and (iv) in September, as can be seen below). The breakout of this support level.

EURGBP broke support area Further losses are likely EURGBP recently broke though the support area lying between the key support level 0.8860 (which has been reversing the price from the start of August) and the support trendline of the daily.

Sugar broke resistance area Further gains are likely Sugar has been rising sharply in the last few days after the earlier breakout the resistance area lying between the resistance level 11.70 (monthly high from September) and the resistance trendline of.

EURNZD reversed from support area Further gains are likely EURNZD recently reversed up from the support area lying between the pivotal support level 1.7500 (former strong resistance level from August), lower daily Bollinger Band and the 50% Fibonacci correction of.

• Palladium reversed from support area • Further gains are likely Palladium recently reversed up from the support zone located between the support level 1030.00, support trendline of the narrow daily up channel from August and the 38.2% Fibonacci correction.

Natural Gas rising inside accelerated impulse wave C Further gains are likely Natural Gas continues to rise sharply after the earlier breakout of the resistance area lying between the key resistance levels 3.050 (top of wave B from June) and.

EURAUD reversed from support area lying Further gains are likely EURAUD recently reversed up sharply from the support area lying between the key support level 1.6050 (which has been reversing the price from the start of September) and the lower.

Cotton broke multi-month support level 78.20 Further losses are likely Cotton recently broke through the strong, multi-month support level 78.20 (which has been steadily reversing the price from the start of April). The breakout of the support level 78.20 accelerated.

NZDCAD broke key support level 0.8500 Further losses are likely NZDCAD opened this week with the sharp downward gap which broke through the key support level 0.8500 (which stopped the sharp downward impulse wave (i) at the start of September)..