Sugar recently broke the key support level 10.00 (which stopped the previous sharp downward impulse waves in March and earlier this month)
The breakout of the support level 10.00 strengthened the bearish pressure on this currency pair – accelerating the active minor impulse wave (iii).
Sugar is expected to fall further in the active impulse waves 3 and (3) toward the next support level 9.50 (former support from March).
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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