Corn recently reversed up from the support area lying between the key support level 372.30 (which stopped the previous wave (a) in December), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from November.
The upward reversal from the aforementioned support area created the weekly Japanese candlesticks reversal pattern Morning Star – which started the active impulse wave 5.
Corn is expected to rise further and re-test the next resistance level 386.50 (top of the previous impulse wave 3 from December).
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…
Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…
This website uses cookies
