Palladium recently reversed down from the resistance area lying between the strong resistance level 1570.00 (which stopped the sharp uptrend in March) and the upper daily Bollinger Band.
The downward reversal from this resistance area started the active short-term corrective wave (ii).
Palladium is expected to fall further and retest the next support level 1509.00 (former support from the end of June).
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies
