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Silver reversed from support zone Likely to rise to the resistance level 30.00 Silver recently reversed up from the support zone set between the key support level 28.00 (which also stopped wave A at the start of September) and the lower daily Bollinger Band. The support level 28.00 was strengthened by the 61.8% Fibonacci correction […]

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04/09/2024

Sunset Market Commentary

Markets Equities continue to take center stage on markets. European stocks underperformed in a catch-up move with the US. The EuroStoxx50 loses another 1.2%. Wall Street was granted some relief after yesterday’s violent sell-off with stocks trading currently only marginally lower (Nasdaq -0.3%). Tuesday’s sell-off took place against the backdrop of lofty (tech) valuations & […]
02/09/2024

EURGBP Wave Analysis

EURGBP reversed from strong support level 0.8400 Likely to rise to resistance level 0.8440 EURGBP currency pair today reversed up from the strong support level 0.8400 (which has been steadily reversing the price from the middle of June) standing near the lower daily Bollinger Band. The upward reversal from the support level 0.8400 created the […]
08/08/2024

USD/CAD Consolidates at Support Ahead of Canadian Employment Data

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