Sugar recently reversed up from the key support area lying between the support level 11.75 (which has been reversing the price from January), lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous upward impulse from last September.
The upward reversal from this support area completed the previous minor ABC correction 2 – which belongs to the impulse wave (3) from April.
Sugar is expected to rise further and retest the next resistance level 12.17 (former support level from March).
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…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…
Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…
This website uses cookies
