On Saturday, the price of Ethereum fell below the $ 900 level to $ 880. Yesterday we saw a recovery above $ 1,000 and then a jump above $ 1100. During today's first part of the day, the price of Ethereum found support at $ 1080; after that, we see a bullish impulse up to $ 1160. Additional resistance at that level is the MA200 moving average. If we see the break...
During the Asian trading session, the price of gold consolidated at around $ 1840. Today's movement was in the range of $ 1835-1845. What is important to us is the formation of a new lower high, and that is a sign for us to continue the bearish trend and descend towards the $ 1830 support zone.
The price of gold is retreating from yesterday's high of $ 1,858. During this morning's Asian trading session, the price dropped to $ 1840, where it found support. Later, a recovery to $ 1,850 was seen, but it didn't last long, and the price started a new pullback. In the zone of around $ 1840, additional support can be provided by MA50 and MA200 moving averages....
Yesterday, the EURUSD pair managed to consolidate above the 1.04000 level and formed the current bottom there. During the Asian trading session and climbed to the 1.05000 level. For now, Pair encounters resistance at that level and makes a new pullback to the 1.04750 level. To continue and recover, we need positive consolidation above the 1,500,000 level. If we...
During the Asian trading session, the euro gained support at the 1.04000 level. Pair has managed to recover to 1.04800 level, and now we have a new retreat towards the previous low. If the pressure on the euro increases, the pair could drop to the 1.03475 level by May's support. Our potential lower target is 1.03000 level. For the bullish option, we need a new...
During the Asian trading session, the pound struggled not to continue the bearish trend: As the European session began, the pound began to weaken and continued the previous bearish trend. We are now testing the 1.22000 level, which is very close to this year's low of 1.21600. If the dollar index continues to strengthen, the pound could slip closer to the 1,20000...
During the Asian session, the EURUSD pair continued its withdrawal from Friday. The current consolidation is at the 1.04600 level, and we are now watching to see how the consolidation will go. The dollar is in full swing and could soon climb to the 105.00 level. The euro could lose ground again and continue towards the May low of 1.03475. For the bullish option,...
During the Asian trading session, the price of gold continued its bearish withdrawal from $ 1,848 to $ 1,842. We are now very close to the $ 1840 support zone. The dollar index began to strengthen again, which was immediately reflected in the price of gold. If the dollar continues to strengthen, the price of gold could slip below 1840 dollars and continue to fall....
The price of gold yesterday tried to break the barrier to 1860 dollars, but without success, because we saw another pullback to the support zone at $ 1850. Today, gold prices continue to retreat and are already halfway to the $ 1840 level. In the past few days, we have had solid support at that level. Additional support for me could be the bottom trend line. A...
During the Asian session, the price of oil stagnated with a slight retreat towards lower levels of support. After yesterday's high at $ 123.10, the oil price fell to $ 121.30 this morning. We are now consolidating around $ 122.00. This pullback to the $ 120.00 price could continue today so that we can find support for the next stronger bullish impulse. We need a...
The price of silver continues its side consolidation between $ 22.00 and 22.50. Silver has already tested support at $ 22.00 three times, and what is important for us is that the price formed a lower high yesterday at $ 22.25. These are all signs of a potential bearish trend and lowering the price. For the bearish option, we need a drop below $ 22.00. After that,...
The price has been stable for the last 48 hours and ranges from $ 9.20 to $ 9.40. We need a break above $ 9.40 and consolidation above that level for the bullish option. After that, a continuation of the bullish trend could happen. Potential higher targets are $ 9.50, $ 9.60 and $ 9.80. For the opposite bearish option, we need a break below $ 9.20. MA20 and MA50...
During the Asian trading session, the euro weakened against the dollar. Accelerating yields on U.S. government bonds influenced the price of gold to pullback yesterday. The ten-year bond again yields more than 3% giving strength to the U.S. currency. On the one hand, the euro is under pressure from officials' statements that the situation in Europe is not going...
Early this morning, during the Asian period, the price of bitcoin jumped from $ 30,000 to $ 31,500. During the European period, the price managed to consolidate at that level and is now leaning again on the bullish side for a potential continuation. Our first target is the $ 32,000 previous high from May. The May high is at $ 32,480. Bitcoin could recover rapidly...
During the Asian session, the pair was around the 1.06500 level, and as we approached the European session, the euro gained strength, and the pair climbed to the 1.06880 level. We can say that the euro is already on its third day of withdrawal, and now we need to pay attention to whether EURUSD will form a new lower high or will manage to climb to the 1.07400...
The price of Bitcoin yesterday formed a new higher high at 32415 dollars. A new pullback quickly followed this to $ 31,450, and we are now consolidating in the $ 31,600 zone. The previous four days were very bullish as the price rose from $ 28,500 to $ 32,415. Today is a day for consolidation and a certain accumulation, and for the price of bitcoin, it is...
Ethereum continues yesterday's bearish consolidation after climbing to $ 2,000. We are now at $ 1930 and again seek support in the $ 1900 zone. If Ethereum finds support, here again, we could see a new bullish impulse. We need a jump above 1950 dollars and MA20 and MA50 moving averages for the bullish option. After that, the price would rise again to $ 2,000...
Bitcoin made a great jump over $ 32,000 yesterday. The price consolidated around $ 30,750 for a long time during the middle of yesterday, and it seemed that it would not hold on to that level. Opinions were that we would see a new pullback to the support zone at $ 29,000. In contrast, there was a jump in prices to $ 32,200. Withdrawal soon followed, and we are now...