Sugar recently broke through the resistance area lying between the resistance level 11.250 (former strong support from August), resistance trendline of the daily down channel from June and the 61.8% Fibonacci correction of the pervious impulse wave (i).
The breakout of this resistance area accelerated the active short-term impulse wave (c).
Sugar is expected to rise further and retest the next resistance level 11.65 (top of wave (ii) from August and the target for the completion of the active impulse wave (c))
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
