• Citibank reversed from resistance level 54.00
• Likely to fall to support level 50.00
Citibank recently reversed down from the key resistance level 54.00 (the former monthly low from March and the monthly high from April).
The resistance zone near the resistance level 54.00 was strengthened by the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from February.
Given the clear daily downtrend, Citibank can be expected to fall further toward the next round support level 50.00.
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
This website uses cookies