Soy continues to fall after the recent breakout of the support area lying between the support level 870.00 (monthly low from December) and the 50% Fibonacci correction of the previous upward impulse from September.
The breakout of this support area accelerated the active impulse wave 3 of the medium-term downward impulse wave (3) from the start of March.
Soy is expected to fall further and re-test the next support level 854.50 (monthly low from November).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies
