Relevance up to 11:00 2022-07-14 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
USD (#USD):
The graph shows the movement of USD in the 4-hour (H4) chart. Last Friday (07/08/2022), #USD hit a record high of 107.80, its highest value in over 20 years. This made the resistance area of 107.80-107.90 a key level of the trend, where a repeated test and breakout will lead to a rise to 110.00-111.00. Meanwhile, a rebound from 107.80 could trigger two scenarios: First is a breakdown of 106.50 and further downward movement to 104.00. The second is a rebound from the support area of 106.70-106.80 to the key resistance level of 107.80. Platinum (#PLF):
The chart shows the movement of platinum in the daily (D1) chart. In the next 2-3 days, #PLF quotes will most likely be consolidated inside the marked triangle. The upper top will be $904.8, which is located in the divergence zone. The resistance level of $883.5, paired with the indicated top, will determine the price dynamics of platinum.
