S&P 500 Analysis: Potential Rise Ahead
American stock index S&P 500 got back to the supporting level of 4448 and might rebound and head north soon. The asset’s price is likely to rise and hit the level of 4607, test it, rebound, and drop at the beginning of the trading week.
Silver is heading down toward the uptrend. The asset should gain the required support at the level of 22.20. The asset’s price may potentially rebound at the crossing point of these trendlines or so-called price cluster, and jump. In this case, you could observe the candlestick formations.
The currency pair EUR/USD is heading down. This asset should enter the supporting zone formed between levels 1.0500 and 1.0530. The asset’s price might rebound from this zone and jump again. So, let’s observe what might happen next.
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