Wheat continues to rise inside the short-term impulse wave (v), which started earlier from the support area lying between the support level 520.00 and the 50-day moving average.
The active impulse wave (v) belongs to the sharp multi-month impulse sequence C from August.
Wheat is expected to rise further toward the next resistance level 545.30 (which stopped the earlier impulse wave (iii) at the end of November).
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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