Silver recently broke the resistance trendline of the daily down channel from the middle of February.
The breakout of this down channel accelerated the active impulse wave 1 – which belongs to the medium-term upward impulse sequence (3) from the end of May.
Silver is expected to rise further and retest the next resistance level 15.00 (top of the previous short-term correction (b) from the end of April).
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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