• Soy reversed from support zone
• Likely to rise to 1045.00
Soy recently reversed up from the support zone lying between the support level 1010.00 (top of the daily Shooting) and the 38.2% Fibonacci correction of the upward impulse from the start of this month.
The downward reversal from this support zone continues active intermediate impulse wave (3) – enclosed by the sharp daily up channel from August.
Soy is expected to rise further and re-test the next resistance 1045.00 (top of the previous short-term impulse wave (i)).
- 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