• Fedex reversed from resistance level 294.00
• Likely to fall to 280.00
Fedex recently reversed down from the key resistance level 294.00 (which stopped the sharp uptrend in the middle of October) standing close to the upper daily Bollinger Band.
The downward reversal from the resistance level 294.00 stopped the earlier short-term upward impulse waves (iii), 3 and (5).
Given the strength of the resistance level 294.00 and the – Fedex is expected to fall further toward the next support level 280.00 (support trendline of the daily up channel from June).
US CPI data a bit softer than forecasts, sparking brief market optimism, but resistance remains.…
Middle East tensions and Venezuelan supply shifts drive Brent crude volatility, with geopolitical risks and…
Crypto market edges up as risk appetite returns; Bitcoin and Ethereum recover, despite investor caution…
The dollar resumed its growth after the lawsuit against the Fed chairman. Rumours of early…
Today is Tuesday, the 13th of January, and we will talk about the natural gas…
Bitcoin Cash: ⬇️ Sell - Bitcoin Cash reversed from resistance area - Likely to fall…
This website uses cookies