• Wheat falling inside wave (2)
• Likely to reach support level 700.00
Wheat continues to fall inside the intermediate correction (2), which started earlier from the resistance zone lying between the key resistance level 760.00 (which has been reversing the price from April) and the upper daily Bollinger Band.
The downward reversal from this resistance zone started the active corrective wave (2).
Wheat can be expected to fall further toward the next support level 700.00 (low of the previous correction 4 and the target for the completion of the active corrective wave (2))
- 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…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies