Platinum reversed from resistance level 1030.00 Likely to fall to support level 960.00 Platinum recently reversed down from the key resistance level 1030.00 (previous multi-month high from June) intersecting with the upper daily Bollinger Band and the resistance trendline of the daily up channel from September. The downward reversal from the resistance level 1030.00 started […]
The post Platinum Wave Analysis appeared first on Action Forex.
USD/CAD rises above downtrend line, key SMAs. But strong resistance and bearish SMA crossover limit upside. Momentum signals stay soft despite holding in bullish territory. USD/CAD is retesting the ceiling of a multi‑week consolidation that Read more…
GBP/USD rose during the previous session and is now correcting to 1.3403. The pound responded positively to the Bank of England’s decision to keep interest rates unchanged, with market attention focused on the regulator’s guidance Read more…
As the S&P 500 chart (US SPX 500 mini on FXOpen) shows, the index dropped below the 6,570 level yesterday for the first time in 2026. As a result, the equity market may be on Read more…