• IBEX 35 broke resistance area
• Likely to rise to 7750.00
IBEX 35 continue to rise after the earlier breakout of the resistance area lying between the resistance level 7250.00, upper trendline of the daily Ascending triangle from March and the 50% Fibonacci correction of the previous downward impulse (c).
The breakout of this resistance area accelerated the impulse wave (iii) – which belongs to wave B from March.
IBEX 35 is expected to rise further toward the next resistance level 7750.00 (target price for the completion of the active impulse wave (iii)).
- USDJPY reversed from support zone - Likely to rise to resistance level 155.65 USDJPY…
- Gold reversed from support zone - Likely to rise to resistance level 2400.00 Gold…
The number of operating oil rigs in the US fell by 7 to 499. This…
Market picture Crypto market capitalisation has been up 2% over the past seven days and…
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
This website uses cookies