Market Overview: Gold is at the end of its buyers' movement; professional traders are looking for signs of weakness to enter short positions. The static supply level at $2,735–$2,770 is active, but the dynamic supply ceiling has yet to form. Short-Term Forecast: $2,770–$2,800: Heavy supply is expected, which is crucial for the continuation of the upward...
The cryptocurrency market is abuzz as Bitcoin rallies toward unprecedented levels. The question on everyone’s mind: 👉 Can the demand in the $101,000–$102,300 range propel Bitcoin to break its previous all-time high of $108,350 and set new historical records? Buyers in Control The bullish momentum for Bitcoin has been remarkable, with the rally initiating...
The DXY (Dollar Index) is currently approaching a significant supply and resistance zone in the range of 104.00 to 104.50. This level has historically acted as a barrier to further price increases, and we expect a potential rise in supply (selling pressure) around this area, which could temporarily halt the upward momentum in the short term. Key...
The daily chart analysis of the USD/JPY currency pair reveals that the price is nearing a crucial demand level between 151.00 and 151.60. This range is significant due to the substantial demand observed at these levels. Key observations include: Demand Level: The price is approaching a robust demand zone, where numerous buy orders are anticipated. This demand...
In the short term, Bitcoin has reached a significant supply level between $69,800 and $72,300. At this critical juncture, a substantial amount of supply is anticipated, which may result in a temporary price reduction. However, should Bitcoin manage to surpass this supply level with strong buying pressure, it would signal a potential for further price increases...
A detailed review of the Bitcoin price chart indicates a notable increase in demand as the price approaches the $55,000-$56,000 range. This demand surge suggests potential buyers are positioned within the $56,300 to $58,800 price range, poised to drive the price upward in the medium term. Given this scenario, the formation of a price floor within the specified...
The current analysis of the USD/CHF (dollar to franc) exchange rate indicates an anticipated slight decrease and subsequent price correction. Following this correction, the continuation of the upward trend in the daily time frame is expected. For traders and investors seeking an optimal entry point, the recommended buying range is between 0.8900 and 0.8930. This...
A comprehensive analysis of the oil market reveals compelling evidence of robust demand signals, particularly evident in the price range between $75 and $76. This strong demand dynamic poses a formidable barrier to price decreases in the medium term, underscoring the resilience of oil prices at this critical threshold. Anticipating a surge in demand and...
Dow Jones: Assessing Resistance and Serious Supply at 39K Performing a technical analysis of the Dow Jones index shows a critical point as the price approaches the 39K mark. While signs of the necessary strength to continue the price rise can be discerned on the chart, the delicate balance between buyer and seller dynamics underscores the need for a cautious...
Bitcoin at Critical Juncture: Assessing Resistance at 65k for Potential Growth As Bitcoin approaches a pivotal juncture in its price trajectory, market analysis highlights the significance of overcoming the formidable resistance level at 65k to sustain its upward momentum. Despite the cryptocurrency's resilience, the absence of compelling indications of strength...
Bitcoin has a serious problem to break through the 67,000-68,000 price range. Research on the Bitcoin price chart shows that there is a lot of supply in the 67,000-68,000 range, which could cause a serious price decline in the medium term. On the other hand, the price crossing the range mentioned above can be very good news for medium-term buyers.
There is serious demand for gold in the range between 2320 and 2330. The trend is increasing. At any moment, it is possible to increase again and resume the increasing process.
"Chart Studies Unveil Robust Demand: Anticipating Dollar Index Rebound to 103.70" In-depth chart studies of the Dollar Index (DXY) have unveiled substantial demand levels, particularly evident at the critical threshold of 102.50. The presence of these formidable demands suggests a potential catalyst for a noteworthy rebound in the price of the dollar...
The level of 91.00 is considered a good support level for this currency pair. Now that the price has returned to this level, demands from this level can bring the price back to the upper ceiling or at least halfway. Considering the upward trend, only buying is recommended. This level is suitable for entry and long. Of course, in compliance with other risk...
It seems that buyers intend to move upwards from this level. There are good demands at this level. It can increase the price upwards. Buyers are eyeing 112.00 and want to try to conquer this level.
The price has reached an important support level, we expect to resume the upward trend in these areas. We expect an uptrend and another attack to the 98.00 level unless it weakens halfway. Currently, this level has the potential to initiate the next move by buyers. In our opinion, it is the price floor and buying is preferable.
The price is expected to recover from this level and move upwards in the 4-hour time frame. Demand at this level could pave the way for another attack to the 0.6560 level. Let's join the buyers in the short term and take advantage of buying .
Despite the shenanigans of the dollar index at the level of 103.50, we still expect an increase in the price of the greenback. Our prediction is that the price of the dollar index will cross the level of 105. Serious demands are placed in the range of 102.70 to 103.00. In our opinion, this level can be the lowest price of the dollar index. Currently, the dollar...