Categories
Analysis Technical analysis

GBPUSD 26.01.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.35766-1.35594 and it has a potential to reach the target zone №2 1.34046-1.33874. The best prices to try to have a short position are the control resistance zone 1.36251-1.36079. In case of the price is fixed upper the control […]

Share this on:
Categories
Analysis Technical analysis

AUDUSD 26.01.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 0.71541-0.71461 and it has a potential to reach the target zone №2 0.70741-0.70661. The best prices to try to have a short position are the control resistance zone 0.71783-0.71703. In case of the price is fixed upper the control […]

Share this on:
Categories
Analysis Technical analysis

Daily Elliott Wave Forecast: SPX500, BITCOIN, USDCAD (25.01.22)

The SPX plummeted ~4% on Monday but on an intraday basis as traders bought the dip with force, driving the index 4.65% higher. This leads to a potential correction in the fourth wave of the expanding flat wave (C). Bitcoin was not immune and replicated both the plunge and the soar as it fell 10% […]

Share this on:
Categories
Analysis Technical analysis

BRENT 25.01.2022

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 87.416-86.866 and it is going to the target zone №2 92.716-92.186. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 83.515-82.985. In case of the […]

Share this on:
Categories
Analysis Technical analysis

GOLD 25.01.2022

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1831.20-1827.45 and it is going to the target zone №2 1868.70-1864.95. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1815.35-1812.11. In case of the […]

Share this on:
Categories
Analysis Market overview

Top Market Opportunities 24.01.2022 – 28.01.2022

Deleveraging Event Continues Ahead of FOMC Last week markets expected to major economic events in the US, however, this week is all about the Fed. On Wednesday, analysts expect the Fed to stay on ‘hold’ and reiterate Decembers’ guidance of 3 hikes this year. A signal for a March hike would support the dollar and […]

Share this on:
Categories
Analysis Technical analysis

Daily Elliott Wave Forecast: EURUSD, GBPUSD, GOLD (24.01.22)

The EURO looks set to continue descending in minor wave 3 against the DOLLAR. Despite identifying a bullish pattern on the charts, it is expected to be part of a correction only, opening the room to fresh lows once wave 2 completes. The POUND shows a similar outlook in the short-term, however, it corrects wave […]

Share this on:
Categories
Analysis Technical analysis

EURUSD 24.01.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.13067-1.12979 and it has a potential to reach the target zone №2 1.12187-1.12099. The best prices to try to have a short position are the control resistance zone 1.13976-1.13888. In case of the price is fixed upper the control […]

Share this on:
Categories
Analysis Technical analysis

BITCOIN 24.01.2022

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 33983.29-33530.03 and it has a potential to reach the target zone №2 29450.69-28997.43. The best prices to try to have a short position are the control resistance zone 40143.11-39689.85. In case of the price is fixed upper the control […]

Share this on:
Categories
Analysis Technical analysis

Daily Elliott Wave Forecast: SPX500, WTI, SILVER

The SPX has found support at the base channel near 4450 as part of wave 3 of an expanding wave flat C after falling c. 3.5% from its high yesterday. Wave 5 seems incomplete. The prices of OIL have lost some 5% as well since Thursday’s high at $87.70, however, the downside move looks corrective […]

Share this on: