Corn has been rising in the last few trading sessions inside the medium-term impulse wave (3), which started earlier from the support area lying between the key support level 411.80 (which also reversed the price in June) and the lower daily Bollinger Band.
The price earlier broke the resistance trendline of the daily down channel from June – which accelerated the active impulse wave (3).
Corn is expected to rise further and retest the next resistance level 463.80 (top of the previous impulse wave (1)).
Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
This website uses cookies
