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.
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies
