The correction at 52K has ended and it has increased for 2 days now. With the current strong increase, I think it can reach the 64K 65K area.
Oil continues to decline after retesting resistance at 79. The next target is 70. Amid a gloomy economic backdrop, fuel demand is falling. The chart clearly shows that the price is heading towards the bottom zone.
Until now, I still maintain a bullish view on BTC. The target I have in mind is 42,000. You can see it is having an adjustment period to prepare for the next price increase. Of course, there are also deep collapses and that is a good opportunity to buy.
Price has moved out of the Ichimoku cloud on its way to the next targets of 26 30 35. I hope my analysis satisfies your expectations.
After a dramatic and volatile first session of the week, today gold has gently returned. Such are the properties of this metal. Many people had to sell their homes because of it. However, if you control risks well, it will not affect anything. In my personal opinion, this week it will be adjusted to 1960.
In 2 weeks the price has increased from 37k to 42k. As you can see it is resistance on the system I use. The next targets are 46, 51, and 55. I hope this sharing will help you get a vision for your trading plan.
On the weekly chart, the price is retesting the cloud at 1.0830. If the price enters the cloud, it will continue to decline. On the daily chart, the target is 1.07xx (possibly 30).
Faced with the weakening of the US dollar, cable continues to increase. The targets ahead are 1.28, 1.29, and 1.30; The trading strategy at this stage is to only buy during corrections.
It has peaked before and above the 4600 zone. In my view, it could take place a correction to the 4450 gap zone. However, before the adjustment, it may sideways for a while.
Gold has reached the $2000 threshold. According to my analysis it will head towards $2500 on the monthly chart. This can be achieved by 2024. The Ichimoku system is showing a strong upward trend for gold in the near future.
My personal opinion is that DXY is still weakening. It could drop to the 102 zone. If everything goes right, this target will be achieved this week.
You can clearly see this on the daily chart. The price has gone up touching a component of Ichimoku that I use. But it was quickly sold heavily at the top and dropped. On frame H4, the clouds are moving sideways. The goal is liquidity at the bottom.
It has achieved its target of 36K and the next target is 42K. The uptrend continues. On the weekly chart, it is moving up and above the Ichimoku indicator line.
NVIDIA grows well. On the daily chart, a head and shoulders pattern has been created. The next target is $620
BTC retraces back to the 31,500 area after reaching the target of 36k. A significant level of 36k has been done. In my opinion, it will have some correction.
After retesting the bottom, it is returning to the week's highs. If we break through with strong momentum, the target of 36k is within reach.
It has broken out of the range and maintains its downward momentum. Target 1.2400 below.
It maintains its upward momentum and is moving towards the target of 105. Through this index, you can plan to buy USD and sell other foreign currencies such as GBP and EUR.