Sugar continues to fall inside the short-term impulse wave (c) – which belongs to the extended ABC correction 2 from the end of June.
The active short-term impulse wave (c) is aligned with the longer-term daily downtrend from October of 2018.
Sugar is expected to fall further and retest the next support level 11.40 (low of the previous wave (2)) – followed by 11.00.
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
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