• Soy broke multi-month resistance level 910.00
• Likely to rise to 930.00
Soy continues to rise after the earlier breakout of the key multi-month resistance level 910.00 (former monthly high from March and July).
The breakout of the resistance level 910.00 was preceded by the breakout of the 61.8% Fibonacci correction of the downward impulse from January.
Soy is likely to rise further toward the next resistance level 930.00 (target price for the completion of the active intermediate impulse wave (C)).
- 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