WTI recently broke the resistance area lying between the round resistance level 20,00, resistance level 22.47 and the 61.8% Fibonacci correction of the previous sharp downward impulse (v) from April.
The breakout of this resistance area accelerated the active short-term ABC correction 4.
WTI is expected to rise further toward the next resistance level 28.90 (monthly high from April and the target for the completion of the active correction 4).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
This website uses cookies
