Intel under bearish pressure after the earlier downward reversal from the resistance area lying between he resistance level 59,00 (former multi-month high from April) and the upper daily Bollinger Band.
The downward reversal from this resistance area started the active medium-term impulse wave (3).
Intel is expected to fall further toward the next support level 55.45 (low of the previous wave (iv)) – the breakout of which can lead to further losses toward the next support level 53,00.
- 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
