• Soy broke daily up channel
• Likely to fall to 822.65
Soy recently broke the well-formed daily up channel from April (which encloses the previous medium-term ABC correction (2))
The breakout of this up channel should accelerate the active impulse wave 3 – which belongs to the medium–term impulse wave (3) from the start of May.
Soy is likely to fall further toward the next support level 822.65 (low of the earlier Bullish Engulfing from the end of April).
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
This website uses cookies