• 3M rising inside corrective wave (ii)
• Likely to test to 163.50
3M continues to rise inside the short-term corrective wave (ii) – which started earlier from the key support level 150.00 (which reversed the price in June and July), intersecting with the 38.2% Fibonacci correction of the previous wave (2) from March.
The active corrective wave (ii) belongs to the active short-term downward impulse sequence 3 from the end of June.
3M is likely to rise further toward the next resistance level 163.50 (monthly high from June and the target for the completion of the active wave (ii)).
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
Market picture The crypto market capitalisation decreased by another 1.5% to $2.27 trillion, getting closer…
This website uses cookies