RACE: ⬇️ Sell
– RACE reversed from round resistance level 500.00
– Likely to fall to support level 460.00
RACE earlier reversed from the strong resistance area between the major round resistance level 500.00 (which has been reversing the price from the middle of 2024) and the upper weekly Bollinger Band.
The last time the price reversed down from the resistance level 500.00 it formed the weekly Japanese candlesticks reversal Evening Star – signalling the strength of this resistance level.
Given the overbought reading on the weekly Stochastic indicator, RACE can be expected to fall to the next support level 460.00.
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
This website uses cookies