– Chevron reversed from support level 150.00
– Likely to rise to resistance level 160.00
Chevron rising steadily after the price reversed up from the pivotal support level 150.00, which is the lower border of the narrow sideways price range inside which the pair has been trading from May.
The upward reversal from the support level 150.00 started the active impulse wave (iii) of wave 3 of the impulse wave (1) from the start of June.
Given the strength of the support level 150.00, Chevron can be expected to rise further toward the next resistance level 160.00 (top boundary of this price range).
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies