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azizelliott Updated 

Hi guys! 👋🏻 🔔 Brent Crude may revisit $105 based on this weekly chart, on a longer term, we might see the price of the oil to rise to $170. 🔔 The US is easening the access to the market for Iran, whereas Iran reported that it will increase its production to fulfill the market's demand. 🔔 On the other side, OPEC will take necessary measures to keep the price...

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Hi guys! 👋🏻 🔔 There's no clean energy without Aliminium, which is widely used in electric vehicle and solar panels production 🔔 One of the largest consumers of Aluminium - China is expected to increase the demand for the metal in its e-vehicle, clean energy and airplane production. 🔔 Other fundamentals which support higher demand for metals are: global ecnomies...

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Hi guys! 👋🏻 🔔 Head and Shoulders pattern spotted on a daily EURCAD chart. 🔔 The fundamental could be the rise of global oil prices which benefits the Canadian Dollar. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

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Hi guys! 👋🏻 🔔I'm following this scenario for Ethereum. There is a squeeze, so expecting a high volatility soon. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 Solana is forming a falling Wedge and waiting for a breakout to reach the targets 🔔 New Ethereum - Solana bridge which is an EVM on Solana coming, so expecting a high impact of this product on both blockchains. 🔔 Falling wedge is a sign for a trend reversal. Breakout will signal for an uptrend in this case. ✊🏻 Good luck with your trades! ✊🏻 If...

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Hi guys! 👋🏻 🔔 I've been tracing and waiting for the formation of the right shoulder of this Head and Shoulders formation. 🔔 At this stage, Bitcoin may return to levels near $22770 - $22400 and continue the uptrend up to $29900 - $32000 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 Bitcoin keeps the downtrend pace. I still stick to the idea of Show me the chart and I'll tell you the news, so won't correlate to any buzz around #BTC or #cryptocurrencies. 🔔 For the past several weeks I've been away from cryptocurrency analyses and trading due to irregular activities in the market and I would call this the best decision of the...

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Hi guys! 👋🏻 🔔 Gold hit $1670 today after the release of NFP and negative employment data. China’s plan to resume flights could bolster weakening of the US Dollar and support the continuation of this bullish run. 🔔 XAUUSD made an important test and a breakout from the dynamic resistance of March 2022. The $1615 - $1617 support level withheld a downtrend pressure...

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Hi guys! 👋🏻 🔔 Brent crude price was squeezed in a descending triangle, and a breakout from the triangle was expected, so it happened as seen on the chart 🔔 Brent crude price is traded at $91 trying to hit the key resistance of $91.60 up ahead. 🔔 I do anticipate the price to slow down a bit when reaching the aforementioned resistance, however the path to $101...

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Hi guys! 👋🏻 🔔 Surprisingly low US inventories data supported a short-term uptrend of Brent crude, comforting the price to hit $90 this week. 🔔 OPEC+ meeting scheduled on October 5 will be on the watch, as the cartel suggest a production cut of 100,00 barrels per day (bpd). 🔔 Brent once again retested the upper edge of the descending triangle, although the...

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Hi guys! 👋🏻 🔔 Saudi Arabia refused to increase oil production requested by President Biden. However the strong US Dollar and uncertainties in Chinese economy hold Crude oil prices from a stronger hike. Market will be watching the relaunch of Nord Stream 1 this Thursday which will have a massive impact on DXY, energy sector commodities. 🔔 As for the technical...

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Hi guys! 👋🏻 🔔 Two possible scenarios on EURUSD 🔔 First is the drop to 1.05 and a bounce back to levels near 1.06 🔔 The second is a drop to 1.04 after closing below the 1.05 support. 🔔 Mind the RSI divergence shown on the chart ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 The FED's rate hikes announcements are not the only factors which weaken the DXY 🔔 GB retails sales and German PPI beat the forecasts today and gave these two pairs a smooth boost. 🔔 US had a negative home sales and jobless claims data announced yesterday. Petrol prices hit records, yet FOMC Chairman noted that to beat the inflation the FED will...

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Hi guys! 👋🏻 🔔 Gold has retested the dynamic support of August 21 (dashed line) and is now forming a wedge pattern. 🔔 There are multiple strong resistances which obstacle XAUUSD from going higher, such are 1942 and 1960. 🔔 But as it seem from the current setup, if #Gold remains above this support, it will most likely break those resistances and climb back to...

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Hi guys! 👋🏻 🔔 In my last analysis I pointed out that Bitcoin will most likely retrace to retest the dynamic support, so it did. 🔔 The support withheld although lacking volume and bullish pace. 🔔 Both MACD and RSI seem bullish, so hopefully we will see a jump to 48000 and 49000. 🔔 If breaks below this support, then I'm afraid it will continue the downfall to...

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Hi guys! 👋🏻 🔔 There is a strong resistance being tested by Bitcoin right now. 🔔 BTC will most likely drop to $37350 if doesn't break above this resistance. 🔔 There are strong dynamic and static supports on $37350 which should support the next jump to $49900 to complete this parallel channel pattern, which hopefully won't turn out to be a flag pattern. 🔔 $48K...

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Hi guys! 👋🏻 🔔 Conflicts, military operations, sanctions, COVID seem to be the headlines of 2022 🔔 The bursts of conflicts globally looks so intense that they might be the main drivers of oil prices. 🔔 I really don't think that EU will embargo Russian oil but if they really do, BRENT will hop to $160 easy, which according to the chart here is very possible. 🔔...

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Hi guys! 👋🏻 🔔 Seems like oil restrained from the further downtrend. 🔔 Brent recently touched 100MA and an important dynamic support 🔔 MACD also signals an uptrend continuation of oil prices. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.