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Platinum: ⬆️ Buy – Platinum broke the resistance level 1005.00 – Likely to rise to resistance level 1080.00 Platinum recently broke the resistance level 1005.00, former monthly high from February and March, as can be seen from the daily Platinum chart below. The breakout of the resistance level 1005.00 increased the bullish pressure on Platinum. […]
Costco: ⬆️ Buy – Costco broke resistance level 1020.00 – Likely to rise to resistance level 1080.00 Costco recently broke the resistance level 1020.00, which stopped the previous waves 1 and (b), as can be seen from the daily Costco chart below. The breakout of the resistance level 1020.00 accelerated the active impulse waves 3 and (3). […]
All leading global stock indices have entered an uptrend. Find out more in our analysis and forecast for global indices for 20 May 2025. US indices forecast: US 30, US 500, US Tech Recent data: the US PPI came in at 2.4% in April Market impact: this is a positive signal for the market, especially […]
The EURUSD rate strengthens amid US dollar weakness following the country’s credit rating downgrade. The current price is 1.1257. Discover more in our analysis for 20 May 2025. EURUSD forecast: key trading points Moody’s downgraded the long-term US credit rating Atlanta Fed President confirmed expectations of one Federal Reserve rate cut in 2025 EURUSD forecast […]
EURUSD: ⬆️ Buy – EURUSD broke daily down channel – Likely to rise to resistance level 1.1370 EURUSD currency pair continues to rise inside the minor impulse wave (3), which started earlier from the strong support level 1.1130 intersecting with the support trendline of the daily down channel from April. The support level 1.1130 was strengthened by […]
Silver: ⬆️ Buy – Silver reversed from support level 31.70 – Likely to rise to resistance level 33.50 Silver recently reversed from the pivotal support level 31.70 (which stopped the previous minor wave a at the end of April, as can be seen from the daily Silver chart below). The support level 31.70 was further strengthened by the […]