The Mallicast team, in their latest analysis, has concluded that Bitcoin, as a valuable digital asset, has the potential to solidify its place in individuals' investment portfolios in the long term. According to this team, given the global growth and adoption of Bitcoin as a store of value and a substitute for traditional financial systems, long-term investment in...
The Mallicast team has been forecasting a bullish trend for the USD/CAD pair for several weeks, and this upward momentum remains intact. Considering key economic factors such as U.S. and Canadian monetary policies, along with changes in the oil market, which directly impacts the Canadian dollar, we continue to anticipate further upside in this currency pair. Our...
mallicast :In the upcoming week, oil is expected to experience a corrective movement, but the overall trend remains bullish. The target price for this upward movement is $85.
In the upcoming week, following the break of the lower support in the higher time frame, it's expected that EUR/USD will first pull back to the previous level before resuming its downward trend.
The Mallicast team predicts that the Dollar Index, following the breakout of the resistance line around the 102 level, will continue its upward trend into the next week. At the beginning of the week, we expect to see a correction in response to the sharp move caused by recent news, after which the index is anticipated to resume its upward trajectory.
According to the analysis by the Mallicast team, we continue to foresee a bullish trend for gold. Despite the release of the significant NFP (Non-Farm Payroll) report over the weekend, this report has not altered our analysis or predictions, as the price of gold is directly influenced by economic and political news. As a result, no significant changes are observed...
For the upcoming week, the Mallicast team predicts that the British pound will continue its upward momentum against the US dollar. The key liquidity zone is expected around the 1.33439 level, where liquidity may be gathered. After this accumulation, the pound could continue its upward movement, targeting the 1.35358 price level. This bullish move may be influenced...
In the weekly analysis, which coincides with the start of the new month, the continuation of the upward trend and the impact of the Dollar Index can be more clearly understood. Therefore, the price level of 1.11163 is considered the end of the correction phase, with a target price of 1.12793.
The Mallicast team anticipates that gold will start the week with a bearish trend, followed by a bullish move. Initially, the price is expected to pull back to 2638.978, and then rise towards 2716.
Given the break of the price level at 100.618, it is predicted that the price may potentially reach the next lower support level. However, within the range of this next support, there is also a price order block. Therefore, according to the chart, the critical price level where liquidity can be gathered and a decisive move towards expansionary monetary policy by...
The analysis of the GBP/USD currency pair by the Mallicast team for the remainder of the week suggests that the pound is likely to experience a strong bearish movement with high momentum. This decline could be influenced by various factors such as changes in economic data from the UK and the US, central bank decisions, and overall market conditions. Traders should...
The analysis of the EUR/USD currency pair by the Mallicast team for the third week of September indicates that the pair may continue to show a bearish trend throughout the week. It is anticipated that the decline could extend to the price level of 1.09709. However, there is also a possibility of a price rebound, with an upward movement potentially reaching...
The global gold analysis by the Mallicast team for the upcoming week indicates that this precious metal still has the potential to continue its upward movement, reaching the price ceiling of 2618.731. However, in the short term, a price correction is expected, which could extend down to 2556.126. This correction might provide an opportunity for investors to enter...
The analysis of the dollar index for the third week of September by the Mallicast team indicates that in the monthly time frame, the overall trend remains bearish, and the price floor can be considered around 99.538. However, in the daily and weekly time frames, a corrective move is expected. Therefore, the potential price ceiling is forecasted to be 101.340....
The analysis of the Dollar Index by the mallicast team, which we have followed throughout the week, will continue as we aim to assess its further developments.
"Mallicast team's analysis of Bitcoin this week suggests that the cryptocurrency may continue its downward trend. Based on current market conditions and existing technical signals, it appears that Bitcoin could extend its decline, potentially dropping to the price range of $44,000. Key technical indicators, including momentum and support levels, indicate that the...
"In the analysis of GBP to USD for the second week of September, the Mallicast team has assessed that there will be more downward momentum for the pound this week."
In the EUR/USD analysis by the Mallicast team, as shown in the image, last week's market movement aligned precisely with our predictions. For the second week of September, we anticipate a bearish movement at the beginning of the week, influenced by last week's unemployment rate data. However, after this decline, the market is expected to once again aim for the...