Silver recently broke the resistance area located between the long-term resistance level 17.70 (yearly high from 2018) and the resistance trendline of the weekly up channel from July.
The breakout of this resistance area accelerated the active medium-term impulse wave (3).
Silver is expected to rise further and retest the next resistance level 18.20 (top of the previous wave (B) from 2017).
- 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…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
