It seems that according to macroeconomic data This year will be a difficult path for industrial companies The likely scenario at the moment is the continuation of the downward trend Stay tuned for the next updates. good luck
Due to the heavy fall of gold in the last week, some of its momentum has decreased, but it is close to the good demand areas shown in the chart. It can return to the levels of 1900 to 1930 during a pullback, and from there we can see the continuation of its downward correction. Currently, if the downward trend continues 1780 to 1800 can be an important decision...
We expected the continuation of the upward movement from around the 127 level for the currency of the dollar, which is moving towards the completion of the 5-cycle wave. In this bullish scenario, the first price target will be the previous top ( level 152) . And if the 127 level breaks down, this scenario will not be valid.
✍️ Considering that it has reached the important supply area, it is not out of mind to expect a deep correction for Bitcoin. ✍️ In case of falling, the targets of 21,000 and 17,000 will be in front of the price, respectively. But if the 25,500 area is broken and the price stabilizes, the bearish scenario will not be valid and we have to wait for the higher goals...
As we mentioned in the previous analysis, the strength of the downward trend was so great that the price moved towards major bottoms without any correction. Now 2 scenarios are possible The first scenario: Pullback and test to the supply range of 20-21 thousand dollars and the continuation of the fall towards the level of 17 thousand and the surrender phase of...
💡 Analysis of the USDJPY ✍️ As mentioned in the previous analysis, from Elliott's point of view, we have entered wave 4, where the expectation of falling to the range of 130 was done during wave (a) and it seems that the price is forming an irregular fall, which is the target of 143 to 145 can be considered to continue the movement. ✍️ As soon as the drawn...
💡 gold analysis update ✍️ As in the previous analysis, we emphasized on continuing the downward path, fortunately, the analysis was realized and gold fell to the range of 1690. ✍️ This fall was more caused by the strength of the dollar and the reluctance of gold buyers was another factor in the sharp fall of this popular commodity. ✍️ Now that we have reached...
✍️ As you can see, the Nasdaq stock index has moved down from the supply range (13,560-13,730) with relatively strong momentum after breaking its upward channel. ✍️ In recent days, risk aversion flows have also led to selling pressure in most risky assets. ✍️ According to the upcoming scenario, the price will probably fall to the demand range specified in the...
✍️ As you can see, in the previous analysis, we examined two main scenarios for the Euro-Dollar currency pair and gave more weight to the falling scenario. ✍️ According to the data published in recent weeks in the calendar and the weakness of economic growth (especially in the industrial sector), the euro began to decline, but this decline has other aspects,...
💡 Chart of real yield and gold ✍️ Since the real yield and gold are almost inversely correlated, it seems that with the growth of the real yield, gold may decrease more (if geopolitical tensions do not increase), it is currently in the range of 1740. But strong upward momentum is not seen in candles. ✍️ If the current conditions continue, the levels of 1720-1700...
💡 Bitcoin analysis update ✍️ As it was said according to the previous analysis, the probability of compression failure is higher and in case of failure of the wedge pattern of consolidation and pullback, we will witness a very good fall. ✍️ It seems that this wave of risk aversion will continue during the next week and we will see more drops. ✍️ The main price...
This is my idea about this currency pair in the long term This analysis is valid until the price above the 136.5 level is not stabilized, in which case it needs to be updated If you have an idea, please leave a comment Good luck
** According to macroeconomic data and weak growth data in the European Union and the high possibility of recession, the Euro will continue its downward trend in the medium term and become weaker. ** After the end of this downward trend, it is possible to return within the specified limits, and with the improvement of the economic conditions of the euro area, we...
This is my opinion and the likely scenario for the US dollar index If you have another idea please leave a comment
💡 In the short-term analysis of #Bitcoin for the coming weeks ✍️It seems that after about 60 days and with a growth of 42% from its last major floor of $18,000 range, now gradually the buyers have lost their power and in the On Chain data there is also a sign of big purchases. The most likely scenario is a correction from the $25,000 range, and it should be seen...
If the risks facing the market, which include the pressures of Hawkish policy of the Federal Reserve and the fear of global recession and geopolitical tensions, remain at the same level that the markets have priced in, and no new surprises happen, Gradually, we can be optimistic about the growth of cryptocurrencies in the medium term. If you have any ideas, please...
Hey guys ! This is an update from the global gold standard after last night's Federal Reserve meeting The supply levels and movement path have been specified more precisely , The previous analysis presented is still valid . GOOD LUCK
Gold buyers do not have enough power!! As the dollar gains strength and the real yield increases, more downward pressure will be applied to gold (but recession risks will eventually force traders to increase the percentage of gold in their portfolios), gold is expected to move in this downward channel. If it continues and loses the floor range of 1680-1700 before...