InvestMate

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📉📈S&P500 Struggles At Support Zone 📉📈S&P500 Still struggling, as I wrote in my previous post that I don't see a chance that the buyers' attempted attack will be successful: 📉📈This is what happened 📉📈It looks as if, after yesterday's declines, an opportunity has opened up to attack yet another support zone defined by the 0.618 level of the entire upward wave...

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🥇Gold Start Of A Strong Downward Wave? 🥇The possibility of a major downward correction by gold is opening up in front of us. 🥇Looking at the dynamics of today's declines and the fact that the dollar is strengthening. 🥇I am leaning more and more in favour of a pro-decline scenario. 🥇The nearest strong support zone is around the fibo level of 0.382 of the...

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💶💵EUR/USD Finally Declining? 💶💵This post is a direct continuation of my previous post in which I wrote about accumulation and the possibility of another downward wave. 💶💵As you can see, we attacked the resistance zone again and started to fall from the beginning of the European session. 💶💵Again the technical environment supports the downward scenario, looking...

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💲Ethereum Falls Into A Support Zone 💲Ethereum is following in the footsteps of Bitcoin, which I have also written about, but here the declines compared to previous candles are much larger. 💲Looking at where we are on the chart I get the impression that a drop to the vicinity of the support zone seems very likely. 💲This was determined by the 0.786 level of the...

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💲Dollar Struggles For Gains 💲The last few days on the dollar have been a constant battle between bulls and bears. 💲In the last post when the bears dominated, we assumed that declines would continue to the vicinity of the support zone. 💲The situation today has turned in favour of the bulls. 💲They have been pulling the price upwards since this morning. 💲I have...

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₿ Bitcoin Chooses South ₿ ₿ As I perfectly predicted in a previous post the future direction of Bitcoin: ₿ Yes and this time I come to you with an update of my perspective ₿ In which not much changes. ₿ The support and resistance zone remains in the same place ₿ Target is around the support zone. ₿ Technical environments such as the 50 and 200 period...

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💷💵GBP/USD Where Do We Fall? 💷💵This post is a direct follow-up to my previous post in which I wrote about the possibility of a new downward wave: 💷💵As you can see, we are continuing to fall without any major obstacles. 💷💵I am still waiting for a real downward impulse to start. 💷💵I believe that over the next few weeks the direction as it has been taken in...

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🍁USD/CAD refuses to fall 🍁Looking at the behaviour of the USD/CAD in recent weeks, it seems that we have fallen into accumulation but do not have the strength for declines. 🍁My stance on USD/CAD remains unchanged, I still believe that at the current juncture increases are much more likely than decreases. 🍁Looking at the technical situation, the fact that we...

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📉📈S&P500 I Advise Caution 📉📈This post is a direct follow-up to my yesterday post in which I wrote about the possibility of accumulation around a support zone: 📉📈Today we opened with an upward gap but I would recommend caution when making decisions around the support zone. 📉📈Looking at the technical environment, an accumulation around the 3800 level seems very...

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🥇Gold Will Go Up! 🥇Gold since I wrote yesterday is still continuing its strong uptrend. 🥇I still think that reaching the vicinity of the resistance zone is very likely and we are probably going to see in that area over the next few days. 🥇Looking at the technical environment, I have no doubts about the uptrend starting from the moving averages we are above and...

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💶💵EUR/USD Still Undecided. 💶💵EUR/USD Still holding around 1.6 💶💵The accumulation has been going on for more than a week. 💶💵Looking at what EUR/USD is struggling to break out to new peaks. 💶💵The scenario remains unchanged, I still expect declines. 💶💵The support and resistance zone remains unchanged. 💶💵Given the technical environment, the MACD and RSI have...

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💲Dollar Continues Downward Scenario 💲This post is a direct continuation of my previous post in which I wrote about the probability of the next downward wave: 💲The declines continue today. 💲The prospect of declines to the designated support zone is still active. 💲It has been determined on the basis of two fibo levels. The first is 0.886 of the 2020-2021...

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₿ Bitcoin Will It Attack The Declines Again? ₿ Bitcoin is failing to find enough strength to rise for another day in a row. ₿ We are now more than 1 day into the accumulation. ₿ And all indications are that bitcoin will once again look to attack recent lows. ₿ The technical environment such as the MACD and the RSI support the downward perspective ₿ It looks...

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📈S&P500 Accumulation Time 📈This post is a direct follow-up to my previous post in which I wrote about reaching a strong support zone: 📈So far there has been no significant reaction. 📈Inferring from the economic situation, price behaviour and technical analysis indicators, the most likely scenario at the moment is accumulation around the support...

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💷💵GBP/USD Silence Before Decline. 💷💵This post is a direct continuation of my previous post: 💷💵As you can see the Pound has not found as much strength as the Euro and there has been no attempt to attack north as with EUR/USD. 💷💵It looks to me more like waiting for a new downward impulse. 💷💵The support zone remains unchanged. 💷💵Looking at the technical...

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💶💵EUR/USD At The Resistance Zone! 💶💵With the weakness of the US dollar, EUR/USD is once again back around the resistance zone. 💶💵We are at an important point on the chart. 💶💵If we break through the resistance zone, I would not rule out a continuation of the uptrend, but its extent would not be large with the current market sentiment. 💶💵But if we rebound from...

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🥇Gold Strong Continuation Of Increases. 🥇As you can see, gold surprised all investors today. 🥇It turned out that it still has the strength for growth. 🥇All thanks to the weakening dollar. 🥇I believe that reaching the resistance zone determined on the basis of the level 0.5 of the whole downward wave looks very likely in such market conditions. 🥇The support...

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💲Ethereum Which Scenario It Will Choose? 💲Ethereum faces an important choice just like the rest of the cryptocurrencies. 💲Everyone is watching which direction it will choose. 💲There are two scenarios for ETH. 💲The first downward scenario. We break through the support zone and fly towards the recent lows. 💲Second scenario. A breakout occurs, we break through...