• WTIUSD reversed from support level 62.00
• Likely to rise to resistance level 66.80
WTIUSD recently reversed up from the support level 62.00 (former resistance from March) – intersecting with the 50% Fibonacci correction of the upward impulse from March and the lower daily Bollinger Band.
The upward reversal from the support level 62.00 started the active impulse wave (iii) of the impulse wave 3 from April.
WTIUSD is likely to rise further toward the next resistance level 66.80 (top of the previous waves iii, (b) and v).
- 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…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
