• Platinum broke resistance level 955.00
• Likely to rise to resistance level 1000.
Platinum recently broke the resistance level 955.00 (top of wave A from June) intersecting with the 61.8% Fibonacci correction of the C-wave from June.
The breakout of the resistance level 955.00 accelerated the active impulse waves (iii) and C – which belong to wave (B) from June.
Platinum can be expected to rise further toward the next round resistance level 1000.00 (target price for the completion of the active impulse (iii)).
Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
This website uses cookies