– Alcoa reversed from support level 34.00
,- Likely to rise to resistance level 34.80
Alcoa recently reversed up with the daily Hammer from the pivotal support level 34.00, which stopped the previous sharp downtrend in May as can be seen below.
The support zone near the support level 34.00 was further strengthened by the lower daily Bollinger Band,
Given the strength of the support level 34.00, Alcoa can be expected to rise further toward the next resistance level 34.80 (top of the earlier minor correction (ii)).
- Apple reversed from key resistance level 237.00 - Likely to fall to support level 227.00…
- Aig reversed from support level 76.60 - Likely to rise to resistance level 79.65 Aig recently…
Market Picture The cryptocurrency market remains steady at around $2.31 trillion in market capitalisation, mirroring…
- GBPCAD reversed from resistance zone - Likely to fall to support level 1.7750 GBPCAD…
- USDCHF broke resistance zone - Likely to rise to resistance level 0.8730 USDCHF currency…
The British pound fell below the 1.30 level against the dollar after weak inflation data…
This website uses cookies