• Palladium reversed from major support level 1675.00
• Likely to rise to resistance level 1840.00
Palladium today reversed up from the major support level 1675.00 (which has been revering the price from the end of 2019, as can be seen below).
The support zone near the support level 1675.00 was strengthened by the lower weekly Bollinger Band.
Given the strength of the support level 1675.00 and the bullish sentiment seen across the precious metal markets today, Palladium can be expected to rise further toward the next resistance level 1840.00.
- 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