• Palladium reversed from multi-month resistance level 2500.00
• Likely to fall to support level 2377,00
Palladium earlier reversed down from the key multi-month resistance level 2500.00 (which has been reversing the price from the stat of October) standing well above the lower daily Bollinger Band.
The downward reversal from the resistance level 2500.00 stopped the previous impulse wave 3.
Given the clear bearish divergence on the daily RSI indicator – Palladium is expected to fall further toward the next support level 2377,00.
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- 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…
This website uses cookies