After the sharp upward movement of the pound-dollar currency pair in recent weeks, we saw a correction of 150 pips to the range of 1.25. It is obvious that if the parity rate of the currency pair crosses 1.2665 this week, it is possible to reach the initial goals of 1.28 and 1.2930 in the short term. Therefore, we again take a long position on the currency pair
After an upward rally and the dollar index reaching 114.78 units, we saw a deep correction to the range of 100.86 units. Considering that the weekly time frame trend line was broken two weeks ago, last week we saw a pullback cut to the level. In this week, the assignment will be determined. If the dollar index reacts to the trend line and closes below 102.5 candle...
Well, after Putin's invasion of Ukraine and the change in the market phase, we saw a drop in metal prices, but with a high fluctuation. For the future, we consider a further drop of the yellow metal and it will correct to the range of 1922.90 and go back to the support level of 1890 major. If it fails and stabilizes below 1890, it will consider a further drop to...
As previously stated and I had published the analysis, the Euro-dollar was rejected after hitting the important resistance range of 1.1480 and started a downward trend. It is expected that this trend will continue at the target of 1.1085.
Andrew's grip is shown in the chart. The exchange rate of the euro-dollar rose slightly last week and advanced to the range of 1.1482, but on Friday it regained all growth and closed a bearish long candle. Our final target is 1.1082. If the dollar index grows further, we will reach 1.09120.
According to the analysis I presented earlier, we expect the price of gold to fall. Technically, the $ 1829 resistance was in line with the second weekly resistance level. In fundamental terms, we will see an increase in US interest rates in two weeks, which will obviously intensify the gold fall. It is possible that the price will reach 1686 in the medium term....
Ounce-Dollar Chart Analysis: After Sharp returned from the range of 1676$., We saw the growth of the global ounce price. The price entered the correction phase. This week, gold will be involved in the $ 1825 range. If the level fails, we will see a further downward trend in gold prices.
According spining candle on daily timeframe BTCUSD has a down trend