Ears of sweet corn
Corn recently reversed up from the support area lying between the key support level 372.00 (which has been reversing the price from the end of December), lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse from November.
The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Morning Star.
Corn is expected to rise further and re-test the next resistance level 385.00 (monthly high from December).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
