Procter & Gamble recently reversed up sharply from the support area lying between the key support level 123.40 (low of the previous correction from January), lower daily Bollinger Band, 38.2% Fibonacci retracement of the previous upward impulse from October and the support trendline from last year.
The upward reversal from this resistance area created the daily reversal pattern Morning Star – which started the active impulse wave 3.
Procter & Gamble is likely to rise further toward the next resistance level 128.00 (top of the previous short-term impulse wave 1).
The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…
Today is Monday, the 12th of January, and once again we will talk about the…
Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
This website uses cookies
