Ebay recently reversed up from the support area lying between the pivotal support level 38.35 (which has been reversing the price from August) and the 50% Fibonacci correction of the previous upward impulse 1 from May.
The upward reversal from this support area started the active impulse wave 3 – which is a part of the medium-term upward impulse sequence (3) from June.
Ebay is expected to rise further and retest the next resistance level 41.40 (target price for the completion of the active impulse wave 3).
- 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
