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).
- 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
