So far so good! After reaching our (b) wave target at $28.935 the bullish fades and the outcome is a sideways movement with lows at around $27. We now expect further selloffs. The next important support level is at $24.04. Breaking below this target, we unlock further downside potential. Happy Weekend!
Mountains and Cheese, Cheese-Mountains! The EUR/CHF is currently trading in our yellow target area. We expect a trend reversal to happen soon. This expectation is valid as long as we don’t cross below the 1.09441 CHF. Below this support, the bears are in charge, and we have to deal with further downside potential. Primary expectation are quotes at around 1.13500...
The Dow Jones has been relatively quiet for the past couple of weeks. Our primary expectation is that the course is going to decline and dip into the target zone with the coordinates of 32850 – 32430 points. From there, we expect the course to increase again and reach new all-time highs. As long as we are above 33646 points, however, there is a 45% chance that the...
The Coca-Cola stock has proven to be one of the more stable stocks in the world. It shows a long history of growth and another push should come very soon as the price is testing the $54.61 resistance. Once over this threshold, the way is paved for higher prices! Another day, another opportunity!
course, we love all of our analyzed markets, but the DAX is behaving particularly well. Therefore, it has become somewhat one of our favorites among the many markets we cover. Currently, we expect the DAX to increase a bit and then turn into a correction that would bring us down somewhere between 14806 – 14583 points. After that, we should be tackling the 16000...
Chances are good that the Dow Jones does not stop at 34000 points and crushes through that zone like Shaq used to do back in the day. If the Dow manages to also crush the resistance at 34336 points, our alternative scenario will prevail and bring even higher quotations. In our primary scenario, however, we believe that we take a long road here and that the Dow...
There is little that we can say about the Nasdaq, other than it is developing quite well. The index was able to distance itself from the support line at 12609 points. If it manages to stay away from this line, we do not see any reasons for concern. Primarily, we expect that the index will continue its bullish run and reach a zone between 14357 and 14538 points,...
The Nasdaq is still struggling to find a grip and build up a strong impulse. In our primary scenario, we expect it to further drop below 12609 points before pushing for a strong bullish run. The next target here is the mark at 13287 points. However, the Nasdaq should not fall below 12207 points, in order to avoid a major sell-off. Follow us for daily updates!
The last couple of weeks have been relatively tiring as we are desperately waiting for the silver to make a move. This market is developing very slowly. Our expectation is that we will see declining prices for silver, as we expect it to move under $24.04. Somewhere around $22.23, we should see a short correction before the price gradually moves under $20. As long...
For a long time, the bulls have dominated the ETH price, but the bears try to strike back. Although we primarily hold on to our expectation that the price will increase and move well above $2037, there is a pretty high probability of 45% that we might face a greater correction, once we fall under $1658. In that case, we would expect Ethereum to also fall under...
You all probably came across statements like: “If you invested just X amount in 20XX, then today you would have …”. Guys, don’t worry! We found the next big thing! After its peak in November, the Xpeng stock steadily declined, and people were quick to put it as an “all hype” story aside. We, however, expect it to turn around within the target area of $15.93 and...
When you want to buy your favorite shoes, do you buy them when they go up in price or when they are on sale? The answer is pretty clear, huh?! If you ever thought about entering the NASDAQ on the long side or want to stock up your positions, then the right time will be between 12422 – 11575 points. Here, we have identified a trading zone, which we expect to...
Simply incredible! We have always been very bullish on the oil market, but what happened here is simply incredible. Another huge run and another big push over yet another threshold. This time, we are above $63.81 and we can reasonably expect WTI to hit an area between $67.57 and $69.84, before any correction sets in. Don’t burn your fingers!
The big bag is waiting for you, guys! Already 5 months earlier, we predicted that we are going to hit the target area between $1722 - $1606 and guess what… it finally happened. 😉 We still expect the gold price to drop a bit further to the area around $1640, but theoretically it could also skyrocket from here on. Either way, entering the gold market now can be...
Turkey is mostly known for its long history, culture, amazing cuisine and for stunning landscapes, but we have found out that it is also a great place for investments! As we have indicated in the chart, there is a trading zone between 8.630697₺ - 8.145568₺, in which we have entered this market on the long position. We expect the course to further increase sharply....
We are proud to announce that we have added the NASDAQ to the markets that we are covering with our analyses! Accordingly, we are excited to start right off with an analysis on the current situation and we more than happy to see another bullish setup among the many others that we constantly monitor. Our primary expectation has a bullish orientation that will bring...
Over the last couple of weeks, Germany’s lead index had a particularly hard time getting above 14123 points. In the course of a general weakness in the markets, the course moved away from this threshold. We expect the DAX to continue to decline a bit further until it reaches a region around 13489 points. After that, we are all set to tackle new all-time highs...
A lot of people in the cryptocurrency market are relatively new to the game of investing – and it’s amazing! However, price drops, like the most recent one, are not a rare occasion and you will face many of them. It looks discouraging at first but stay strong! We all have been there. For Ethereum, we have identified a target area between $1378.62 and $1175.30....