Silver recently reversed up sharply from the key support level 16.20 (former major resistance level from January and February).
The upward reversal from the support level 16.20 started the active impulse wave (iii), which is a part of the upward impulse wave 3 from the start of July.
Silver is expected to rise further and retest the next resistance level 16.60 – which reversed the price earleir this week.
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
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