Aleksin_Aleksandar

Aleksin_Aleksandar Updated 

USDCHF could climb to the 0.89200 level, and soon we should see a break above the 38.2% Fibonacci level

Aleksin_Aleksandar

USDCHF continues to rise this week; next week, we could climb above the 0.9000 level. The pair breaks the resistance at 61.8% and could continue towards 78.6%.

Aleksin_Aleksandar

USDJPY could continue to the 148.50 level and only then encounter the next more concrete resistance before we see a pullback.

Aleksin_Aleksandar

EURCAD is on its way to visit the 1.45000 level again. We fell below the support at the 38.2% Fibonacci level, and we could continue towards the 23.6% level.

Aleksin_Aleksandar Updated 

The price of gold continues to retreat under the pressure of a strong dollar. Potential lower targets are the $1910 and $1900 levels.

Aleksin_Aleksandar

The whole of September could be very bearish for the dollar. The dollar bounced off the upper trend line and started a new pullback. We see that the resistance is in the 16.8%-78.6% Fibonacci zone. The start is great, and we see a downward turn, and now we expect to see a continuation of the decline in the dollar index. We set a new Fibonacci to follow the...

Aleksin_Aleksandar

The JPY index could begin a slight recovery, and we conclude this based on data on increased inflation, which would produce an intervention by the Bank of Japan. For targets, we are looking at Fibonacci 38.2%-61.8% range.

Aleksin_Aleksandar

EURUSD could slip to the 1.08000 level if we fail to climb above the 1.09000 level.

Aleksin_Aleksandar

The price of gold remains under pressure below the $1900 level. If the previous consolidation continues, the price will fall below the $1880.

Aleksin_Aleksandar

The JPY index has the potential to visit the previous low, and we may see a break below and the formation of a new lower low

Aleksin_Aleksandar

EURAUD is on the way to break above the previous high and form a new one, and the potential target is the 1.70000 level.

Aleksin_Aleksandar

Pair NZDUSD has the potential to continue on the bullish side, with targets at 0.62600, 0.62800 and 0.63000 levels

Aleksin_Aleksandar

GBPUSD could reach the 1.30000 level in the next couple of weeks before we see the next pullback. This week we saw a break above the resistance at 0.26800, May 2022 and May 2023. Based on this, we can expect GBPUSD to rise first to 1.30000 and maybe even 1.35000.

Aleksin_Aleksandar

The dollar index formed a new lower high at the beginning of June and has been pulling back ever since. Based on that, we can conclude that we could see the formation of a new lower low in the zone around the 100.00 level.

Aleksin_Aleksandar

Every new lower low is a potentially good buy position. The question is whether EURUSD has the strength to break above the falling trend line and form a new higher high and higher low and move to the bullish side.

Aleksin_Aleksandar

Gold is on its way down to the $1900 level. There we could get better support for the next bullish impulse.

Aleksin_Aleksandar

Here we see a slowing of the uptrend and a pullback below the trend indicator. Potential support is at the 1.86000 level, but a break below is more likely. The main target is the lower line of the channel, around 1.79000-1.80000. We have 700-800 pips to get there.

Aleksin_Aleksandar

The JPY index could continue to lose ground. Potential first support at the 800.0 level, and we cannot rule out testing last year's low either