💶💵EUR/USD In Anticipation Of Declines 💶💵EUR/USD Another day tried to attack the increases which again ended with a very quick reaction of the selling side. 💶💵Everyone is waiting for the end of this accumulation. 💶💵Looking at the behavior of price action and the technical environment, I have no doubts about the validity of my perspective. 💶💵My scenario remains...
🥇Gold On The Edge 🥇Gold has landed on the edge of a wedge after yesterday's gains. 🥇So far the defense against declines continues. 🥇But at the current moment no move is certain. 🥇The stronger interest will win. 🥇Looking at the technical situation, I am holding off on making any decisions. 🥇If there was a decline it seems to me that the support zone would...
🦘AUD/USD As I Said. 🦘As I wrote yesterday about a likely attack on the resistance zone: 🦘I was not wrong. 🦘The attack of the resistance zone was followed by a very quick reaction of sellers. 🦘I believe that an opportunity to attack the support zone determined by the fibo level of 0.5 of the entire upward wave from the bottom has opened up in front of...
🛢️USOIL Rises To Resistance Zone. 🛢️Oil continues its upward trend from the establishment of a bottom on December 9 at the level of $70. 🛢️Looking at the technical environment, it seems very likely to me that the increases will continue to the area around $84 where there is a resistance zone determined by the level of 0.236 of the entire downward wave from the...
💲BNB Chance For Growth? 💲Binance coin bounces from the support zone. 💲Looking at the current situation, it's hard not to get the impression that most cryptocurrencies don't have much room left to continue their declines. 💲BNB positively surprised today by bouncing upward. 💲It looks like it could be the beginning of something bigger. 💲Given the technical...
📉Nasdaq Ahead Of Declines. 📉📉Nasdaq provokes declines to near recent lows. 📉Looking at the technical situation, all signals unanimously say "we are falling" 📉Looking at the fact that we are under the two moving averages 200 and 50, MACD and RSI are generating downward signals. I have no doubt about the continuation of the declines. 📉I encourage you to watch...
🥇Gold Struggles For Gains. 🥇Gold surprised. 🥇Through which I was forced to change my scenario. 🥇Hence, I come to you with an update of my perspective. 🥇After today's rise in the price of gold and the decline in the value of the dollar. 🥇The prospect has opened up for us to reach price levels around $1840. 🥇Looking at the technical environment at the...
💷💵GBP/USD Continuation Of Declines 💷💵As I wrote in a previous post about the likely continuation of declines: 💷💵I was not wrong. 💷💵My scenario does not change, I still expect a continuation of the downward movement. 💷💵Looking at the technical environment, I see that GBP/USD should not have any major problems with declines. 💷💵The support zone was determined...
💶💵EUR/USD Bounces Off Resistance Zone. 💶💵Today's start of the European session brought an attack on the resistance zone, followed by a sharp sell-off. 💶💵In my opinion, the potential for a downward correction from current levels is only increasing. 💶💵It looks like we will see a gradual weakening of the Euro over the next days/weeks. 💶💵The scenario I'm playing...
₿ Bitcoin In Anticipation Of Decisions. ₿ Bitcoin currently faces an important choice. ₿ Will we attack the recent lows once again. ₿ Or do we initiate an upward breakout. ₿ The next few days will weigh the fate of Bitcoin for the next few weeks, so I recommend keeping a close eye on this cryptocurrency. ₿ All due to the technical situation. ₿ We are in a...
💱USD/JPY Time for correction 💱The Japanese yen has shown strength in the last week, on Tuesday we moved down more than 4% due to the Bank of Japan's intervention. 💱After landing on a strong support zone, we began to form a small upward correction. 💱In my opinion, there is a chance that it will even reach the vicinity of the nearest resistance zone, after which...
🦘AUD/USD There Will Be No Increases 🦘Looking at the behaviour of AUD/USD in recent weeks, I get the feeling that the correction of these increases may be deeper than what we have currently seen. 🦘Watching at how hard the price has tried to rise around 0.68 I get the impression that a descent to around the 0.5 fibo level is very likely at the current...
💶💵EUR/USD Key Moment. 💶💵Looking at where we are, we face an important decision. 💶💵Will we start to make a large downward correction of the current uptrend after a flat move. 💶💵Or will there be a continuation of the uptrend and we will climb to new highs. 💶💵Looking at the behaviour of the price and the lack of strength to continue the upward movement. In my...
🥇Gold Declines Ahead🥇 🥇It promises to be an interesting end to the year in front of us. 🥇Looking at gold's behaviour in recent weeks, I have no doubt about the possibility of a downward correction. 🥇Looking at price action we clearly have problems overcoming the resistance zone set around 1820. 🥇The last such attempt ended in a sharp downward slide. 🥇Looking...
🥇Gold The End Of A Correction? 🥇Is this the end of a minor upward correction on gold? 🥇It looks like it. 🥇As I wrote previously, I expect the declines to continue in the coming days. 🥇The technical environment still confirms my perspective. Looking at MACD, RSI generating pro-declining signals 🥇It looks like unless there will be a sharp breakout of new highs...
💶💵EUR/USD No Decision 💶💵On the most important forex pair, still no final decision on the future direction of the price 💶💵we are already 10 days into the 1.062 area and we still do not know the answer as to whether the continuation of the uptrend will continue. 💶💵So far the situation does not favour either side. 💶💵If we were to drop in the vicinity of 1.05 a...
💶💷EUR/GBP Still Rising 💶💷My outlook on EUR/GBP has not changed at all. 💶💷As I perfectly predicted in the previous post the possibility of rises: 💶💷I still believe that the resistance zone marked on the chart is within a few days/weeks range 💶💷The technical environment is very much supportive of an upward perspective. Looking at the fact that we are above...
₿ Bitcoin Struggles For Gains ₿ As can be seen, Bitcoin has once again rocketed upwards today in an attempt to rise once more. ₿ However, the chances of upside as well as downside are very much aligned at the current moment. ₿ I don't think that with the current negative sentiment we will find the strength for the increases. ₿ But there are also no takers for...