Palladium recently reversed up from the support area located between the support level 1390.00 (former resistance May), lower daily Bollinger Band, support trendline from November and the 61.8% Fibonacci correction of the previous upward impulse 1 from May.
The upward reversal from this support area started eth active short-term impulse wave 3.
Palladium is expected to rise further and retest the next round resistance level 1500.00 (former support from July).
- 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
