• Silver broke resistance level 17.50
• Likely to rise to 18.90
Silver recently broke above the multi-month resistance level 17.50 (former strong support from January and February) – which has been reversing the price from the start of March.
The breakout of the resistance level 17.50 accelerated the active short-term impulse wave (c).
Silver is likely to rise further toward the next resistance level 18.90 (top of the previous waves A and (B) and the target for the completion of the active wave 2).
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
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…
This website uses cookies