Wheat recently reversed down from the resistance area lying between the resistance level 566.50 (top of the previous Shooting Star from December) and the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the previous short term impulse wave (iii) from the start of January.
Wheat is likely to fall further toward the next support level 545.00 (low of the previous correction (ii)).
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
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