Sugar continues to rise inside the short-term corrective wave 2, which started earlier from the support area lying between the support level 12.50, lower daily Bollinger Band and the 38.2% Fibonacci correction level of the previous upward impulse wave C from September.
The active short-term corrective wave 2 belongs to the medium-term impulse wave (3) from the end of October.
Sugar is expected to rise further and re-test the next resistance level 13.50 (forecast price calculated for the completion of the active corrective wave 2).
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
Waller's dovish rhetoric halted the bears' attack on EURUSD. Slowing UK inflation caused the pound…
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
This website uses cookies
