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US30 Price May Be Losing Upside Strength After Punching Through the 23.60 Fibonacci Level

Price action in the US30 market is weakening after it successfully broke through the resistance of $33,902. And, since the previous trading session, the bears have been winning, although with low magnitudes. Let’s look into what may likely happen as trading activities progress. Major Price Levels: Top Levels: $34,300, $34,350, $34,400 Floor Levels: $34,255, $34,200, […]

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USOil Price Action Eyes the $80 Price Level

The USOil price action seems focused on moving higher over the last four trading sessions. And interestingly, price action in this market has been on a progressive upward path. Will this form continue? Let’s check it out. Major Price Levels: Top Levels: $79.00, $80.00, $81.00 Floor Levels: $78.18, $77.00, $76.00   USOil Appears Ready to […]

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Silver (XAGUSD) Price: A Bearish Breakout May Reduce Price to $22.15

Sellers may dominate Silver market soon SILVER Price Analysis – 12 January When bulls defend the $23.43 price level, silver’s price may rise and break through the $23.95 resistance level, which might push silver to the $24.33 and $24.66 resistance levels. XAGUSD Market Key Levels: Resistance levels: $23.95, $24.33, $24.66 Support levels: $23.43, $22.93, $22.15 […]

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