Alibaba recently broke through the resistance area lying between the key round resistance level 60,00 and the resistance trendline of the daily up channel from the start for October.
The breakout of this resistance area strengthened the bullish pressure on this instrument.
Given the clear daily uptrend – Alibaba is expected to rise further toward the next resistance level 215.00 (the target for the completion of the active impulse wave (C)).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies
