➡️ Ethereum is trading at $4123. Cryptocurrency quotes are traded, so far, mostly in a bullish mood. Moving in a downtrend channel in the trade balance, the price "hints" at a possible correction for the instrument. It is expected that the ETHUSD price would maintain its presence in the specified trade balance and will tend to its lower border. An excellent...
➡️ At the end of the week, the dollar was confidently winning back its positions in the global market after the correction the day before, followed by the release of weak preliminary data on US GDP for Q3. The EURUSD currency pair dropped 0.7% , dropping below the 1.16000 level. The current position of the Euro on the market is not the most optimistic. The...
➡️ BTCUSD is trading at $61872 . Cryptocurrency quotes are trading in a bullish range, but the moment is hanging by a thread. The cryptocurrency neatly went beyond the border of the resistance of the descending channel and only the resistance level of $62400 is holding back from growth. There is far from a small likelihood that the resistance will cope with...
Bitcoin Cash is trading at $587 . There are clear signs of a bearish trend on BCHUSD. As part of the Bitcoin Cash forecast, an approach to the level of $552.85 is expected. Where, most likely, we should expect an attempt to continue the fall in BCHUSD and the further development of the downward trend. 🔔 Proposed deal for this tool 🔔: 🔴Entry Point -...
Yesterday was far from the best day for this coin investors (as well as cryptocurrencies in general); ones could observe strong falls of these market instruments. Bitcoin itself fell to $57832.75. At the moment, there is an accumulation in the price range $57832.75 - $59495.25 . In addition, many have seen the formation "head and shoulders" pattern. The model...
The pullback in GOLD was predictable, and this was indicated in the forecast for this week earlier (for more details on the forecast, see the link below). The current trend indicates that further pullback is unlikely in the short term. The target of the bulls is the maximum of the month at $1808.460 - $1814.040 (resistance area). The entry point is at the level...
➡️ For this cryptocurrency, the bullish mood remains. At the end of last week, the instrument managed to reach the level of $4300 , but then a pullback followed. An attempt is being made to recover. At the moment, you need to be careful with longs. You would be given a chance to buy at the level of $3966.90 . Most likely, some growth in ETHUSD again can be...
➡️ Metals rallied significantly in the previous week, even considering the drop on the Fed's head comments on Friday. The US dollar remained stably neutral, which allowed investors to start buying the precious metal at local lows. There was also a local need for safe assets in the capital markets. Some dubious news for the growth of metals comes from Bloomberg,...
➡️ Metals rallied sharply amid risk appetite, a weakening dollar and declining yields in the US. GOLD has reached the level of $1813 . The metal is trading near the top with continued bullish momentum. The rally is strengthened by the correction of the US dollar and the moderate recovery in US bonds. US equities are trading mixed, but not near lows, which also...
➡️ WTI Oil quotes are trading at $84.15 per barrel. The bullish trend continues, but the growth is limited at the moment. Positive news background does not stimulate quotes for "black gold" so much. On Thursday, Kuwait began ramping up crude oil production in line with the OPEC+ agreement. Commenting on the situation, Kuwait's oil minister said the country's...
➡️ The EURUSD currency pair is trading at 1.16260 . The presence of the price within the boundaries of the ascending channel once again confirms the bullish sentiment at the moment. In addition, the instrument is in the trade balance, and it is expected that the price will approach the upper border of this balance today without any significant obstacles. 🔔...
➡️ GOLD prices continue to strengthen and develop upside potential. GOLD's BUY-priority was given before the start of the week, you can get acquainted with the ideas at the link below. According to this forecast (link below), the price dynamics develops according to the specified parameters. The key barrier for bulls will be located at $1800 , but if prices fix...
➡️ October 2021 turned out to be quite successful for the currency pair, largely due to the expectations of an increase in the interest rate from the RBA. The market put this fact into the price of the instrument, but this does not in any way correspond to the officially announced RBA, which are restrained. In the minutes of the October meeting, the RBA showed a...
There are many ideas and forecasts for this instrument, that portend growth to the level of $20 and above. Maybe it is so. To be in the role of an investor and quietly wait for your "dividends" after half a year, a year, and so on. At the moment, a potential SELL-position has formed for the coin with a risk / reward ratio = 1/3 . The price area 4.5830 -...
➡️ The Pound rose on Friday, breaking through 1.3750 and hitting 1.3775 for the first time since mid-September. Sterling is recovering for the second week in a row. This is fueled by an increase in risk appetite, which damages the safe dollar. Major stocks closed the week in positive territory, boosted by better-than-expected quarterly earnings in the...
➡️ GOLD prices managed to rise this week, and by the end of the five-day period the troy ounce was about $1782 , although it was testing $1801 during the week. GOLD gained 1.6% in five trading days. Friday's decline was driven by a recovery in US bond yields, although the weak dollar helped the precious metal show its best weekly performance since late...
➡️ BTCUSD is trading at 61000 . Technical analysis indicates a bullish trend for the instrument. As part of the Bitcoin exchange rate forecast, a rollback is expected and a test of the level of 57832 . No one excludes a price approach to 55832 and even to 52966 (the latter is unlikely). In any case, it is better looking to BUY from these levels, and not...
On Tuesday, prices for WTI crude oil showed indecision. These dynamics indicate consolidation in the short term. However, a corrective decline should not be ruled out, as the asset is close to overbought levels. However, buyers' immediate target is the $ 82.00 mark. On Monday, JP Morgan analysts said that the average price of Brent crude will be $ 70- $ 80 in the...