• Wheat broke key support level 500,00
• Likely to fall to 486,00
Wheat today broke the key round support level 500,00 (previous downward target) – intersecting with the 61,8% Fibonacci retracement of the previous ABC correction 2.
The breakout of the support level 500,00 accelerated the active short-term impulse waves (iii), 3 and the longer-term impulse wave (3).
Wheat is likely to fall further toward the next support level 486,00 (target price for the completion of the active impulse wave (iii)).
The crypto market has continued to cool down for the third day, with a 1.7%…
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
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…
This website uses cookies