Platinum recently broke sharply through the resistance area lying between the strong resistance level 915.00 (multi-month high from April) and the resistance trendline of the wide daily up channel from June.
The breakout of this resistance area accelerated the active short-term impulse wave (iii) of the medium term impulse sequence (C) from May.
Platinum is expected to rise further and retest the next resistance level 950.00 (target price for completion of active impulse wave (iii)).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
