• Platinum broke resistance area
• Likely to rise to 1190.8
Platinum previously broke the powerful resistance area lying between the resistance levels 1079.5 (top of the previous impulse wave (1)) and 1106.5 (former resistance from 2016).
The breakout of this resistance area accelerated the active weekly impulse wave (3) from the end of last year.
Given the clear weekly uptrend – Platinum is expected to rise further toward the next multi-year resistance level 1190.8 (which stopped the weekly uptrend in the middle of 2016).
- 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