• Wheat approached key resistance level 528.00
• Likely to rise to 540.00 and 550.00
Wheat continues to rise inside the accelerated impulse wave – which previously broke through the resistance zone lying between the round resistance level 500.00 and the resistance trendline of the daily down channel from April.
The price is currently trading close to the key resistance level 528.00 (former monthly top from June).
If the price closes today above the resistance level 528.00 – the price is then likely to rise further toward the next resistance levels 540.00 and 550.00.
- Brent crude oil reversed from key support level 81.00 - Likely to test resistance…
- Silver broke multi-year resistance level 29.50 - Likely to reach resistance level 32.00 Silver…
The US dollar is not giving up without a fight, gaining for the second day…
Silver climbed above $29.8, rewriting the highs from January 2021, but once again faced selling…
Market picture The crypto market cooled off on Thursday afternoon, but on Friday morning, buyers…
- Amazon reversed from resistance level 190.00 - Likely to fall to support level 180.00…
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