• Silver reversed from support level 24.50
• Likely to rise to resistance level 20.50
Silver recently reversed up twice from the key support level 24.50 (previous monthly high from January), strengthened by the 50% Fibonacci correction of the upward impulse from February .
The upward reversals from this support level 24.50 created the two daily Hammers.
Silver can be expected to rise further toward the next resistance level 20.50 (which has been reversing the price from July).
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
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