morteza_zargani

morteza_zargani

Considering that producer price inflation increased, it did not strengthen after the index rose to 105.45 dollars and continued to improve. Currently, the important support of the index is 104.20 - 103.88. It should be noted that this range will be broken if US inflation data comes in below expectations. This is a personal opinion, not a buy or sell signal.

morteza_zargani Updated 

Hi everyone As you can see, it is placed in a 5-day range and it is possible to break from the bottom because the step 5 days ago was not strong and the number of collisions with the bottom of the range is more than its ceiling. From the point of view of economic data, for today we have the Richmond Manufacturing Index and Existing Home Sales, which the market...

morteza_zargani

European economic calendar Today, the Eurozone economy remains in the spotlight. Eurozone trade data will be watched in July amid a weak global demand environment and China's economic woes. Economists predicted that the eurozone trade balance would increase from a deficit of 0.3 billion euros to a surplus of 18.3 billion euros. Export reduction is a price...

morteza_zargani Updated 

My view on the EURCAD currency pair is sell, although for a limited time and the time frame of this analysis is 1 hour. However, do you think this will happen or not?

morteza_zargani

After annual measures of US core and net consumer spending were reported relatively weaker than expected, despite some upside risks. Money market expectations for an interest rate hike at the September meeting fell from 13.5 percent to around 7.5 percent. By stopping the increase or decrease in interest rates, we expect the growth of high-risk currencies along...

morteza_zargani Updated 

If annual inflation falls, the euro could reach the 1.125 range, but if inflation rises, the euro will correct to the 1.0867 range. Market-expected inflation was 3.3 percent, previously 3 percent. My calculated prediction is 3.47% These calculations may be wrong.

morteza_zargani

Expectations for this report: Non Farm Payrolls: 200k Previous: 209k My predictions and calculations: 196k ➘ Unemployment Rate: 3.6% Previous: 3.6% My predictions and calculations: 3.7% ➚ Average Hourly Earnings (MoM): 0.3% Previous: 0.4% My predictions and calculations: 0.4% ➚ Average Hourly Earnings (YoY): 4.4% Previous: 4.2% My predictions and...

morteza_zargani

This is my analysis in the time frame of 30 min. Could be wrong, so not a buy signal.

morteza_zargani

Hi I think it has reached a very important range, i.e. 145.17 to 146.79 However, the dollar will correct if the data at 8:30 New York time comes in below expectations. United States PCE Price Index Annual Change Previous: 4.4% Forecast: 3.9% Actual: If less than 3.9% is published, the correction of the dollar will be more intense.

morteza_zargani

Hi everyone This scenario is likely to happen, but if the price reaches above 28400 and the candle closes above the yellow zone, this analysis is wrong. Current support: 22540 to 21820 Current resistance: 29900 to 31800

morteza_zargani

Hi guys Bitcoin's current support is currently 27458 to 27123. If it hits 26585, the loss limit is activated and this analysis is invalid. However, the upcoming resistances are 29370 and 30450.

morteza_zargani

I think Bitcoin will reach $28,000 this week. This is an opinion and not an offer to buy. Anyway, the analysis will be updated at the end of this week.

morteza_zargani

One of the things that has happened in the past recessions in the market is the rotation of the yield difference charts from the negative range. One of the reasons is the beginning of expansionary policies at this time. To justify that we are not in an economic recession, the Federal Reserve points to short-term maturity spreads that are not in the negative range,...

morteza_zargani Updated 

I think the $23.43-$25.00 range will stop the price going higher. Of course, I have stated the range of further support below. Support range 1: 11.47 - 10.75 Support range 2: 8.10 - 7.56 We are likely to have a temporary stop in the range of 13.99 - 12.67. This is just an opinion and not a buy or sell signal.

morteza_zargani

In my opinion, the support that took place during the last 20 days in the range of 17,600 to 18,290 dollars is unlikely to be broken, however, if this range is destroyed, this analysis is wrong. Bitcoin = $26,700

morteza_zargani

I think this area is preventing price growth. Current resistance: 59.60 to 60.40 Current support: 44.91 to 46.04

morteza_zargani

I think the middle level of yellow will be broken from 1830.605 to 1829.005, however, if this happens, I will wait for a very important support range from 1819.160 to 1817.560. It's just a personal view.

morteza_zargani

I think Bitcoin has a very high growth potential if it reaches the range of $18,376.58 to $18,264.67. This is my personal view.Resistance ranges from 1st to 22785 to 23041 and the resistance of the second range is $26,574 to $26,850. Be successful and lucrative.