Corn continues to fall inside the short-term corrective wave, which started earlier from the resistance area lying between the strong resistance level 377.00 (monthly high from October) and the upper daily Bollinger Band.
The downward reversal from this resistance area created the daily Japanese candlesticks reversal pattern Long-Legged Doji.
Corn is expected to fall further and re-test the next support level 360.00 (low of the previous short-term correction (ii)) – the breakout of which can lead to further losses toward 355.00.
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
Waller's dovish rhetoric halted the bears' attack on EURUSD. Slowing UK inflation caused the pound…
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
This website uses cookies
