• Coffee reversed from support level 120,00
• Likely to rise to resistance level 128,70
Coffee recently reversed up from the key support level 120,00, standing near the lower daily Bollinger Band and the 38,2% Fibonacci correction of the previous sharp upward impulse from November.
The upward reversal from the support level 120,00 started the active short-term corrective wave (ii).
Coffee can be expected to rise further toward the next resistance level 128,70 (target price for the completion of the active corrective wave (ii)).\
Tech sell-off and high Q4 forecasts put the S&P 500 at risk; the Russell 2000…
Donald Trump has no intention of dismissing Jerome Powell. The White House's decision to postpone…
Today is Thursday, January 15th. Once again we will talk about the gas market. The…
Crypto market rebounds, Bitcoin eyes $100K, Dash surges, institutional demand rises, and Ethereum staking hits…
Bitcoin: ⬆️ Buy - Bitcoin broke resistance area - Likely to rise to resistance level…
NZDJPY: ⬇️ Sell - NZDJPY reversed down from the resistance area - Likely to fall…
This website uses cookies