• Wheat reversed from support zone
• Likely to rise to 560.00
Wheat today reversed up from the support zone lying between the pivotal support level 542.90 (former high of wave B from July) and the 38.2% Fibonacci retracement of the previous upward impulse from last month.
If the price closes near the current levels it will form the daily Japanese candlesticks reversal pattern Morning Star Doji.
Wheat is likely to rise toward the next resistance level 560.00 (which has been steadily reversing the price from April).
🛟 Bitcoin is having a hard time staying afloat, even as major players step in…
We're gonna talk about the gas market, where prices are falling rapidly. Let's take a…
The US dollar weakened significantly in 2025, and its fate depends on central banks. The…
Major cryptocurrencies fell amid declining market sentiment, low liquidity, and institutional rebalancing, with Bitcoin dropping…
Dogecoin: ⬇️ Sell - Dogecoin broke long-term support level 0.1365 - Likely to fall to…
Alcoa: ⬇️ Sell - Alcoa reversed from strong resistance level 47.00 - Likely to fall to…
This website uses cookies