Michael-Neubauer

Michael-Neubauer

After several days of steady upward movement, the crypto currency Ethereum then went significantly downhill yesterday. Previously, the coin had grown 41.8 percent, rising to $ 2,410. With a break in the upward trend line, there was a drop of just under 15 percent to USD 2,050. Analysis and location determination - viewing in the H4 chart After the previous...

Michael-Neubauer

What is the current forecast? Brief update on Bitcoin BTCUSD After the massive sell-off of over 8%, a first attempt at stabilization was made within the lower limit. Should the 32,100 mark be attacked again, however, a further downward impulse to initially USD 30,000 is to be expected. If at this point in time there is again no dominance of demand on the field,...

Michael-Neubauer

Technical analysis of silver XAGUSD - viewed in the D1 chart The price of silver has been in a congestion zone between USD 21.67 and USD 30.09 since August 2020. Within this range, the technical starting position is neutral in the medium term. Looking at the overarching chart, we ultimately expect the range to dissolve towards the north and thus a continuation...

Michael-Neubauer

Technical analysis of the S&P 500 - viewed in the D1 chart The S&P 500 was able to continue its price surge in the past few days and advance into the targeted range of 4,350-4,400 points. On Wednesday it hit an all-time high of 4,362 points. Accordingly, the trend remains clearly bullish at all time levels. Significant intraday setbacks immediately attracted...

Michael-Neubauer

In our previous analysis of gold (XAUUSD) we assumed a final stab (on the bottom) and turning point around June 30th. Based on the calculations, there was a high probability that there would then be an upward movement until 05/06. will come. From the point of view of the cyclical analysis, the movement low of June 30th and the high of July 6th were hit...

Michael-Neubauer

Technical analysis of Bitcoin - viewed in the D1 chart As expected, the BITCOIN (BTCUSD) recently found its stabilization above the support level of USD 30,000. The pressure to sell stopped and yet the mother of all crypto currencies can only be assessed neutrally. A sideways phase, also known as a range, has been clearly defined since mid-May. Accordingly,...

Michael-Neubauer

Technical analysis of WTI CRUDE OIL The US WTI oil price shows a dynamic long-term upward trend. The last relevant follow-up buy signal in the medium term was generated by the listing at the beginning of June with the bullish dissolution of several weeks of sideways consolidation. Most recently, differences within the OPEC + alliance acted as an informational...

Michael-Neubauer

Technical analysis of the DAX index - viewed in the D1 chart The DAX was able to defend its upward trend above the 50-day line despite a more volatile pace in the past trading days. It is still within walking distance of the record high of 15,803 points. A decision as to whether the index remains true to its seasonal pattern and can mark a new high in a timely...

Michael-Neubauer

Technical analysis of Ripple (XRPUSD) - viewing in the H4 chart XRP / USD has been on a multi-day recovery trend that is currently facing resistance. A decision to continue the rally or to resume the overall downtrend should not be long in coming. The ripple is in a medium-term corrective downtrend against the USD after a lively rally to a record high at...

Michael-Neubauer

Technical analysis of Ethereum - viewing in the H4 chart Ethereum completed a double floor against the US dollar. This enables the rally to continue towards USD 3,350 / 2,400 after a possible setback to be planned. Starting from the all-time high of 4,381 USD marked in May, the Ethereum price had crashed to USD 1,730. A bounce from the 61.8% fibonacci...

Michael-Neubauer

Technical analysis of the DAX index - viewed in the D1 chart The German benchmark index DAX seems to want to end its consolidation phase and in this context only recently turned up again in the support area of 15,450 to 15,500 points. US labor market data (NFP) are back on the agenda for Friday. These could provide further boost towards a new all-time high....

Michael-Neubauer

Cyclical Analysis on Gold (XAUUSD) Precious metals and especially gold are undoubtedly an extremely popular speculative product. If you look at the past trading days, on the other hand, there wasn't really anything to tear with this underlying. A certain volatility could only be found in a very small time window, which made the establishment and management of...

Michael-Neubauer

Technical analysis of the NASDAQ 100 - viewing in the D1 chart The technology-heavy selection index Nasdaq 100 shows an intact upward trend in all relevant time frames. Most recently, it generated a significant follow-up buy signal on June 22nd with the breakout of a rising resistance line along the highs of February 16 and April 16. On Monday it marked a new...

Michael-Neubauer

Brief analysis of Bitcoin (BTCUSD), H2 chart In the observation period of the H2 chart, we can currently identify an ascending trend channel, which from the point of view of technical analysis implies a bullish character. On the upside, the resistance zone is clearly limited in the area of ​​approx. 35,300 (red zone), which has so far slowed down further price...

Michael-Neubauer

Technical analysis of the S&P 500 The market-wide US stock index S&P 500 shows an intact upward trend in all relevant time levels. After a false breakout below the 50-day line up to 4,164 points on June 18, the index started again last week and was able to advance to a new record high of 4,286 points by Friday. From a price point of view, everything stays in...

Michael-Neubauer

Current analysis of the FDAX - view in the H4 chart After reaching the all-time high on June 14th (at 15,806 points), there was a lasting break in the upward trend channel when the turnaround date arrived on June 18. Since then the FDAX has been in a correction mode, which from the point of view of the cyclical calculation around the 25th / 28th June (+/-)...

Michael-Neubauer

Technical analysis of Ripple (XRPUSD) - viewing in the D1 chart Ripple had an impressive rally from the late 2020 reaction low of USD 0.1641 to USD 1.9670 on April 14. Starting from this record high, the coin is in a pronounced correction phase. At the start of the week, it fell below the 200-day line and the primary uptrend line and fell to a 3-month low at USD...

Michael-Neubauer

Current analysis of Ethereum (ETHUSD) - viewing in the D1 chart Starting from the all-time high of 4,381 USD marked in May, the Ethereum price has completed a crash-like sell-off down to 1,730 USD. A bounce from the 61.8% fibonacci retracement of the price surge that started in March 2020 was finally followed by a renewed test of the low, the technical...