Technical analysis - Page 79

CADJPY: ⬆️ Buy – CADJPY reversed from the support area – Likely to rise to the resistance level 104.00 CADJPY currency pair recently reversed up from the support area between the major long-term support level 101.60 (former multi-month support from August).

Cisco : ⬇️ Sell – Cisco broke support area – Likely to fall to support level 58.80 Cisco recently broke the support area between the key support level 61.20 (which stopped the previous minor correction iv in February), support trendline of the daily.

Tesla: ⬇️ Sell        Tesla falling inside the sharp downward impulse wave iii, which started earlier from the round resistance level 300.00 (former support broken in February).

Ebay: ⬇️ Sell – Ebay reversed from the resistance area – Likely to fall to support level 66.00 Ebay recently reversed down from the resistance area between the key resistance level 71.15 (which has been reversing the price from January).

S&P 500: ⬇️ Sell – S&P 500 index broke support zone – Likely to fall to support level 5600.00 S&P 500 index recently broke the support zone between the support levels 5775.00 (monthly low from January) and 5690.00 (strong support.

GBPCAD: ⬆️ Buy – GBPCAD rising inside minor impulse wave 3 – Likely to reach resistance level 1.8800 GBPCAD currency pair continues to rise inside the minor impulse wave 3, which belongs to the sharp intermediate impulse wave (3) from.

The focus returns to inflation in the new week. On Sunday, China is expected to report negative year-on-year inflation in consumer and producer prices. This may trigger a new wave of deflation talks in China, which will affect market sentiment.

CAT: ⬆️ Buy – CAT reversed from the support area – Likely to rise to the resistance level 360.00 CAT recently reversed from the powerful support area between the key support level 314.60 (which has been reversing the price from.

IBM: ⬆️ Buy – IBM reversed from the support zone – Likely to rise to the resistance level 264.40 IBM recently reversed from the support area between the support level 247.25 (which stopped the previous minor correction a), lower daily.

USDCHF: ⬇️ Sell – USDCHF broke the support zone – Likely to fall to support level 0.8750 USDCHF currency pair recently broke the support zone between the support level 0.8900 (which has been reversing the price from December), the support.

WTI crude oil: ⬆️ Buy – WTI reversed from the multi-month support level 64.90 – Likely to rise to resistance level 68.60 WTI crude oil recently reversed sharply from the powerful multi-month support level 64.90, which stopped the previous sharp.

The USD plunged, nearly erasing post-election gains, while the euro surged on shifting rate expectations. Stocks face critical levels, with US Indices testing long-term support. Meanwhile, gold is back above $2900, eyeing new highs. Crypto markets recovered ahead of the.