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 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…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
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