Brent Crude Oil recently broke through the pivotal resistance level 70.00 (former multi-month support level from the middle of 2018).
The breakout of the resistance level 70.00 follows the earlier breakout of the 50% Fibonacci correction level of the previous sharp weekly downward impulse from last October.
Brent Crude Oil is expected to rise further and re-test the next resistance level 75.00 (target price for the completion of the active impulse wave (C)).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
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…
This website uses cookies
