ETH is in an ascending triangle state Recently, ETHUSD is in an ascending triangle state, as shown in the yellow block, with a high chance of rising. The top is currently facing resistance at 1140, waiting for an upward breakthrough. From the perspective of major currencies, stock indexes, and commodities in the world, the major European and American stock...
Gold (XAUUSD) The Long-term trend is up After breaking the orange (dotted line) channel at the opening of the first market day of the beginning of the year, the gold daily chart fell sharply on the same day when the US Non-farm Payrolls data was announced on the 1/8th, falling back to the orange dotted channel, but still on the long-term upward track (Gray dotted...
Bitcoin will be rise again in future. (BTCUSD) Bitcoin is currently fluctuating in the triangle convergence pattern. It may continue to fall in the future and seek strong support from below before it has the opportunity to rise again.
USDJPY is still in the long-term downtrend channel. As the US Dollar Index weakens, non-US currencies will continue to appreciate, and the Japanese Yen is no exception. On the picture, the H4 of USDJPY is in a long-term downward channel. Even if the Bank of Japan continues to block the rise, it can hardly stop the weakness of the US dollar. The yen will continue...
AUDUSD is still in the long-term uptrend channel. The Australian Dollar (AUDUSD) fell from the high of 0.7820 on January 6 to the low of 0.7659 on January 18. It rebounded in the past two trading days and returned to above the 0.7700 integer. From the long-term trend and the FED Chairman Powell's dovish attitude, as well as the 1.9 trillion dollar stimulus plan...
GBPUSD is still in the Uptrend. With the rebound of the US dollar index and the recent decline of non-US currencies, the British pound remains strong relative to other currencies, maintaining an upward trend. Currently, it faces the 1.37 integer mark and waits for a breakthrough. In Jan.18 idea on the US Dollar Index and the EURUSD: US Dollar Index is estimated...
EURUSD will Go Long in Mid-Term. EURUSD in downtrend begin Jan.06, because U.S.capitol riots let be global markets money entry U.S.Dollar (Index). EURUSD will Go Long in Mid-Term after Jan.20 U.S. presidential inauguration, and U.S.Dollar index will downtrend. Jan.18.2021 Reliability: 3-10 Markets Days
The U.S. Dollar Index (DXY) rise in the short-term, but will downtrend in the long term. Jan.06 2021, U.S.Capitol riots U.S.Dollar index rebounded, because capitol riots that be global markets money entry U.S.Dollar. U.S.Dollar index rebounded until Jan.20 presidential inauguration, and U.S.Dollar index will downtrend. Reliability: 3-10 Markets Days.
USDCAD 2021 Outlook. USDCAD will downtrend in 2021.
NZDUSD 2021 Outlook. NZDUSD will uptrend in 2021.
AUDUSD 2021 Outlook. AUDUSD will uptrend in 2021.
USDJPY 2021 Outlook. USDJPY will downtrend in 2021.
USDCHF 2021 Outlook. USDCHF still downtrend in 2021.
GBPUSD 2021 Outlook. GBPUSD still uptrend in 2021.
EURUSD 2021 Outlook. EURUSD still uptrend in 2021.
U.S. Dollar Index 2021 Outlook.( DXY ) U.S. Dollar Index Weakened in 2021.
Gold (XAUUSD) Analysis and Happy New Year. Path of Forecast: ● (Orange) 50-70% (Dec.28-31 2020) ● (White) 20-30% (After Dec.31 2020) or big incident about Covid-19. FED increasing currency liquidity powerfully. ● (Yellow) <5-10% fall to support block. Dec.28 2020 Reliability: 3-10 Markets Days
BTCUSD Analysis in Xmas. ● 20-30% - FED increasing currency liquidity powerfully. (Covid-19) ● 60-70% - Normal condition. (fall back and rise) ● <5-10% - Very Bad news about Crypto.(BTCUSD)