Palladium recently reversed up from the key support area lying near the support level 1450.00 and the upper trendline of the recently broken extended up channel from August.
This support area was further strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of the previous upward impulse from January.
Palladium is expected to rise further in the active impulse wave (5) and re-test the next resistance level 1530.00 (top of the previous impulse wave (3))
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies
