• Wheat rising inside wave (B)
• Likely to rise to resistance level 720.00
Wheat continues to rise inside the intermediate wave (B) which started earlier from the pivotal support level 644.0 (former strong resistance level from March and April).
The support zone near the support level 644.0 was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci correction of the upward impulse from August.
Wheat can then be expected to rise further toward the next resistance level 720.00 (target for the completion of the active wave (B)).
Bitcoin Cash: ⬇️ Sell - Bitcoin Cash reversed from resistance area - Likely to fall…
EURJPY: ⬆️ Buy - EURJPY reversed from support area - Likely to rise to resistance…
The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…
Today is Monday, the 12th of January, and once again we will talk about the…
Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
This website uses cookies