Logo-color Logo-white

Platinum: ⬆️ Buy Platinum reversed from support zone  Likely to rise to resistance level 1100.00 Platinum recently reversed up from the support zone between the support level 1050.00 (former multi-month high from October) and the 38.2% Fibonacci correction of the upward impulse from May. The upward reversal from this support zone continues the active impulse […]

The post Platinum Wave Analysis appeared first on Action Forex.

previous

GBP/USD Aims More Upsides, Bulls In Control

next

US Services PMI Dipping into Contraction – Equities Continue to Reject Highs

Read More

18/07/2024

Commodity Currencies in Stable Ranges: Should We Expect a Breakout?

The currency pairs AUD/USD and USD/CAD, unlike the pairs with the Euro, Yen, and Sterling, continue to demonstrate long-term stability. These pairs have been trading in narrow price corridors for several months. Given the weakening of the dollar in many directions, there is a high likelihood of increased volatility and a breakout from the flat […]
12/02/2025

Crypto: No Growth Without Fear

Market picture The crypto market continues to bump along, pulling back 2.7% to $3.15 trillion after flirting with the $3.3 mark the day before. This week, the market is hovering near the lower boundary of the descending corridor. Technically, a rebound from these levels is more likely. However, the wiser approach is to wait, as […]
10/02/2025

Sunset Market Commentary

Markets US President Trump’s latest salvo of tariffs left global markets largely unfazed. It suggests they are either calling his bluff (having Canada and Mexico in mind) or are just tired already of running after each and every POTUS quote that’s hitting the screen. Trump this time targeted steel and aluminum, threatening a 25% levy […]