Given the liquidity gathered from weekly levels, the MATIC currency pair may reclaim its previous high. Mallicast analysts suggest that the price will first experience a drop to 0.5008, followed by a rise to a peak of 0.5902. The highest bullish target is predicted to be 0.7598.
The analysis is clearer on the 4-hour time frame and lower. A Mallicast team analyst presents their short-term forecast as follows: Initially, we expect a continued rise to the 2828.76 range, followed by a correction. The highest predicted liquidity level is at 2926.62.
While the Total Index was unable to surpass its previous yearly highs, the Mallicast team predicts a corrective decline down to 2.151T. After this correction, they expect the index to reach its short-term peak at 2.306T and accumulate the necessary liquidity.
The Mallicast analysts predict a price increase to 73,915.3 once again. Pay close attention to the monthly candle and the accumulation of liquidity in this time frame. One of the Mallicast analysts has predicted that the possibility of a price correction in this trend is very low, and the time for spot buying has arrived.
Tether dominance showed a compressed downward price movement last week, and we predict a similar bearish trend for this week. Analysts from the Mallicast team foresee this downward trend as a price correction since there is a significant support level around 3.91%. They predict the decline to extend to the 4.92% range. Additionally, the Mallicast team forecasts...
The GBP/USD pair is currently in a strong upward trend compared to other dollar pairs. However, this strong trend could lead to a sharp corrective move down to the price level of 1.30445. After this correction, we anticipate the price to rise again, reaching up to the level of 1.31424.
EUR/USD has entered a corrective movement due to the neutral news released this week. We predict that this correction will continue until the price reaches 1.10616. After that, the upward trend is expected to resume towards the next resistance level at 1.11393, with a subsequent target of 1.12211.
Silver, however, has higher price levels ahead, and we can expect its upward movement to continue until reaching the price of 31.773.
Gold, however, considering the Federal Reserve's meeting minutes and the decisions to ease tightening policies, may continue its corrective decline to the price level of 2494.052.
The Australian dollar is approaching its price ceiling. We anticipate a slight downward correction before the upward trend continues, targeting a price of 0.68705.
The New Zealand dollar, showing price compression on the weekly timeframe, indicates a potential rapid movement in the future. The chart forms a wedge pattern, suggesting that price acceleration could occur in either direction. This movement is possible given the fluctuations in the dollar index and New Zealand's monetary policies, which fall within the commodity...
The JPY index, which is a key indicator for analyzing the durable goods market and even the U.S. dollar, has started its upward rally in recent weeks. It may enter a corrective phase and subsequently break its long-term trend. We have predicted the highest price target at 793.4 and the lowest price during the correction phase at 736.8.
Given the political developments and budget planning related to oil sales, there is a possibility of oil prices rising. However, this increase is not expected to reach previous levels of around $120, but rather, we anticipate prices stabilizing around $80.
The U.S. 10-year Treasury bonds, given their significant importance, are currently rising, which indicates a potential economic recession and an imminent decline in durable goods such as gold. We predict this growth to continue until it reaches 5.289%.
The U.S. two-year Treasury bonds, after reaching a yield of 5.093% and gathering liquidity, have begun to correct their previous upward trend. This correction is expected to continue until it reaches 3.555%, with the possibility of further correction down to 2.832%.
In the analysis of the dollar index price chart, considering the speeches of Federal Reserve members, the following conclusions can be drawn: Given the price support at the 102.164 level and the price's interaction with this support, a price correction is expected. This correction, considering the significant liquidity present around the 101.422 level, is likely...
Tomorrow is the first day of the forex market trading week, and the first task for you analysts is to check the dollar index In the weekly chart, it can be seen that candle had a negative price fluctuation last week with high momentum, and this negative movement will continue this week. We predict a downward movement target at the price range of 102.77, and due...
In the analysis of the time frame of 1 minute on the block order in the appropriate range