• WTI reversed from support level 62.00
• Likely to rise to resistance level 64.45
WTI crude oil recently reversed up from the support level 62.00 (former strong resistance level from the end of March) – standing close to 50% Fibonacci correction of the previous impulse wave (1).
The upward reversal from the support level 62.00 started the active intermediate impulse wave (3).
WTI crude oil is likely to rise further toward the next key resistance level 64.45 (top of wave (1) from the middle of April) – followed by the resistance level 66.00.
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
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…
This website uses cookies
