Market-Mentor

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📉 Priority direction: Down . 📝 Description: Oil sellers are trying to push the price to $91.70 in order to push it even lower. Most likely, the approach to this level will take place and even the price will fall under it, however, the general mood is still in favor of buyers (longer-term view). An alternative scenario involves buying approximately from the...

Market-Mentor

📉 Priority direction: Down . 📝 Description: Gold continues its downward movement within a small downward channel, as expected. Based on the technical analysis, as well as volume sellers prevail and the price drop is more likely to continue. The $1770 level is an attractive sell entry point. The target of the fall is now the support level of $1752....

Market-Mentor

📈 Priority direction: Up . 📝 Description: At the moment, the currency pair is in the support area, that is likely to contribute to a slight recovery. Targets for growth today are 1.02000 and 1.02300. When the level of 1.01215 is broken down, buying ideas are cancelled. -------------------------- Thank you for your support, subscribe and share your ideas here...

Market-Mentor

📉 Priority direction: Down . 📝 Description: The instrument continues to be under the influence of sellers and the approach to the $1765 level is very likely. At the indicated level there is support, where the reaction of buyers and the stop of the downward movement are likely to take place. -------------------------- Thank you for your support, subscribe and...

Market-Mentor

📉 Priority direction: Down . 📝 Description: The currency pair has entered the stage of a local reversal, as a result of which short is preferred. The upper limit of the balance, that was broken down, will now most likely act as resistance. As long as the price is below 1.20830, then sales are relevant. If the price fixes above, one can look for short-term...

Market-Mentor

📉 Priority direction: Down. 📝 Description: Yesterday's sales broke through the $1780 level, as expected. The current price (below the same level of $1780) now favors the same sell-priority. The price also broke through the moving average below, and the volumes are located below in such a way that selling to the market is more interesting. The $1787 level is...

Market-Mentor

📉 Priority direction: Down . 📝 Description: Support for the local uptrend at 1.02500 has been broken down and is now expected to drop to 1.01700. In the medium term, the price may roll back to 1.01215 and to 1.00615. There is no talk of a strong downward movement yet, but a downward correction is appropriate. -------------------------- Thank you for your...

Market-Mentor

📉 Priority direction: Down. 📝 Description: The current location of the price under $1792, most likely indicates a short-term dominance of sellers. There is a high probability of breaking through the support line of the rising channel. It is assumed that such a market situation will lead the metal to fall to $1774. -------------------------- Thank you for...

Market-Mentor

📈 Priority direction : Up . 📝 Description: Brent crude is currently trading near the POC (point of control) of the previous week and it is not surprising that buyers did not pass this barrier on the first attempt. It may take several such attempts, but most likely the situation will develop in favor of buyers and the instrument will rush to $101.50 (another...

Market-Mentor

📈 Priority direction: Up . 📝 Description: Today, there are facts for the metal to believe that the price will push up from the level of $1786. Yesterday, the volumes of market participants were distributed almost evenly at all price levels. Even if the instrument drops to $1780, the buy-priority remains until the uptrend channel support line is broken (there...

Market-Mentor

🔍Volumes are one of the most useful tools on the market, That gives the most objective information about the alignment of forces between buyers and sellers (with qualitative analysis, of course). It is necessary to learn how to correctly interpret volumes ( volume analysis) and the trader gets a powerful tool at his disposal. Add to this risk management and money...

Market-Mentor

📈 Priority direction: Up . 📝 Description: The US inflation data sent the currency pair straight towards our target of 1.03500 set earlier. For further growth, as it is easy to see, it is necessary to overcome the resistance just near this level. Further growth is quite real, but confirmation is needed for this. In the near future, we assume that the price will...

Market-Mentor

📉 Priority direction: Down . 📝 Description: Another approach to $1800 was made yesterday by buyers, but the price again failed to overcome this barrier. But the growth potential did not end there and it remains until, as we believe, until the level of $1765 is broken. The upward local trend is in force, but today the priority of sales is up to the level of...

Market-Mentor

📈 Priority direction: Up . 📝 Description: The currency pair continues to be inside the balance of 1.20652 - 1.22936 and will most likely go to its upper border now. The condition for a long trade is a breakout of the resistance line within this range. The implementation of this scenario will allow the instrument to resume a confident uptrend in the medium...

Market-Mentor

📈 Priority direction: Up . 📝 Description: Gold for yesterday's trading finally reached the value of $1800 and a downward reaction immediately followed. However, there was no strong downward impulse and, as expected, the instrument will continue to grow (medium term). The $1787 level is interesting for buying with a small stop loss level....

Market-Mentor

📈 Priority direction: Up . 📝 Description: After the downward movement since the end of July, the range of which is $16, there is a possibility of recovery and a possible local reversal. The price is at interesting support levels, and the volumes confirm the potential for a likely upward reversal. Buying from the current ones is not a good idea. Longs can be...

Market-Mentor

📈 Priority direction: Up . 📝 Description: Yesterday's idea of ​​the price approaching the level of $1786 was fully worked out as a plus. The current level of $1787 is very, very interesting for the market, as evidenced by the accumulated volumes around this level. Most likely, the price will be kept at these levels, after which they will raise it higher to the...

Market-Mentor

📈 Priority direction: Up. 📝 Description: The BUY-priority is preserved for the currency pair. At the moment, the main events will develop around the level of 1.02100, where in case the resistance line is broken upwards, the instrument will fly to the level of 1.03000. If everything ends in failure, then the currency pair should be expected at 1.01215....