Avalanche has a chance to recover! The steady demand for the Avalanche coin allowed a short-term trend to form and come close to the resistance level of $30 per coin. $30 resistance is a key area for continued growth, where a lot of pent-up investor demand can be concentrated, which will increase momentum. Steady growing demand from the $30 support level is able...
Boeing shares soar after Starliner! The value of Boeing's shares after the successful launch of the Starliner spacecraft rushed up, testing the level of technical support of $118 per share on the New York Stock Exchange. This level is historical, which was recorded in 2020. One of the factors that investors are interested in buying Boeing shares and forming a...
USD/JPY US stock market tried to show a positive trend on the expectations of easing trade restrictions for China. This week, Biden intends to discuss with Yellen duties on imports of Chinese goods. If it turns out that Washington is not yet ready for such liberalization, then the desire for risk will noticeably decrease, and the dollar will «crush» the yen again....
GBP/USD A long-forgotten situation: due to common fundamentals, the euro and the pound have almost the same technical picture. Trading interest is also shifted to the area of purchases. Sales will be relevant to the breakdown of the protection zone of 1.2350 and below.
EUR/USD Market gives the euro another, albeit weak, a chance for a trend reversal. The key event will be NFP, although strong speculation is possible on the publication of inflation reports. So far, the priority of purchases remains, but it is not worth rushing with longs until the pair overcomes the resistance level of 1.0820/50. Selling will be relevant if the...
S&P 500 Reversal attempt! Starting level 3800! The index continues to be under strong pressure from external and, as a result, internal economic factors from the end of 2021. The S&P 500 is in the zone of bearish influence in a fairly wide downward volatility channel. At the current moment, it has approached its key support, the level of 3800, below which there...
Support 1800 can be defined as a "zone of weak balance" Gold remained under strong pressure of bearish sentiment throughout the last trading week, which allowed forming an up-dynamic sell-off towards the end of the trading week and testing the key support level of 1.800. Below the level of 1.800, there is a large deferred demand for short positions to buy. The...
XTI/USD Priority purchases are still preserved. But to confidently return prices to a bullish trend, an EU decision on the topic of an embargo on Russian oil or some other fundamental event that is negative for market supply is necessary. If nothing like this happens, demand will remain extremely high and new highs should not be expected.
GBP/USD Publication of statistics data will determine the direction of movement for 1.5-2 weeks. April's headline inflation is expected to be a major disappointment for the markets, but even the slightest positive could trigger short-term attempts to break higher. As long as the trading interest is closed below the 1.21 zone, the priority of sales is preserved.
USD/JPY The priority of short-term sales remains, but fundamental factors and statistics can return the pair to a bullish trend. Before the publication of GDP data, it is not recommended to open new positions.
Polkadot Only one step left, Polkadot came to the edge of the abyss. Polkadot, as part of a downward up-trend on D-1, has fallen to critical lows since early April and approached its historical key support at $12.00, breaking through which risks losing investment interest and, as a result, its liquidity and recovery potential in the short term. The level of...
Breaking out of the triangle defines mid-term targets for the Avalanche. Breakdown of the key support level $60.00, which is the point of intersection of the triangle trendline at D-1, is a strong signal for the continuation of the current trend. The target of $50.00 per coin will be a clear confirmation of the breakout of the key crossover. The support level at...
EUR/USD There are fewer and fewer positive factors for the euro, but perhaps the verbal informational interventions planned for this week by the Lagarde team will help the pair stay above the 1.05 protection zone. So far, sales with maximum targets in the parity zone are in priority.
XTI/USD Intensification of purchases is facilitated by the discussion in EU on topic of new anti-Russian sanctions, which include not only a ban on oil imports from RF but also the maintenance of oil cargo, including resale, transportation and insurance. There is no final decision yet, but the market is preparing a springboard for a new upward spurt. With a...
GBP/USD Despite the increase in BOE interest rate, speculators continue to sell the pound. Balance of volumes is completely shifted down, but the publication of statistics this week may change the situation. If the statistics add negative to the fundamental situation, then we will free fall to the protection zone of 1.16-1.1550.
GBP/USD From BOE we expect another rate increase by 0.25%, against this background, short-term growth is possible, but there is no chance of completely breaking the downtrend yet. Only the old buying interest in the zone of strong protection at 1.20 and below can stop the fall.
EUR/USD Europe is on the verge of an energy and food crisis. There are no fundamental factors for purchases, all arguments of strength are on the side of the dollar.
The capitalization of Cronos tends to zero. Cronos remains under pressure as part of a semi-annual downtrend, and the prospects for recovery are fading every day. As long as the coin remains below the key level of 0.5000, Cronos remains in the red color of the quotes. The current support level of 0.3000 gives hope for a short-term recovery, followed by a test and...