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📉📈S&P500 It's On A Support Zone Watch Out! 📉📈As I wrote yesterday about the possibility of the S&P500 going down to the vicinity of a strong support zone: 📉📈It has happened. 📉📈We are currently at the long awaited support zone that I have written about again and again in previous posts. 📉📈From it, an upward reaction can be expected at any time. 📉📈But I...

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🥇Gold Rebounding From A Resistance Zone? 🥇Post is a direct continuation of my previous post: 🥇This time we will look at gold from a slightly closer perspective and try to determine the end of the current upward correction. 🥇Looking at the behaviour of the price and the lack of strength for further increases, the most reasonable solution will be to establish a...

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💶💵EUR/USD Next Downward Wave 💶💵This post is a direct continuation of my yesterday's post: 💶💵As you can see, EUR/USD is behaving exactly as I wrote. 💶💵Looking at the price behaviour and technical analysis indicators such as MACD, RSI. 💶💵It looks like we are in for another wave of declines to the nearest support zone. 💶💵The support zone was determined by the...

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₿ Bitcoin At Important Support Zone ₿ As we can see, Bitcoin in recent days has scored a slide from the $18200 level to currently 17k ₿ We have rebounded from the resistance zone set previously. ₿ And we have landed on the support zone I also previously delineated ₿ Looking at the fundamental and technical environment, it looks like bitcoin could stay around...

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🏭 Naturalgas is getting more expensive 🏭 Observing the behaviour of gas in the last few days, I come to the conclusion that the medium-term uptrend is not over yet. 🏭 As you can see gas has been in accumulation since the end of October. 🏭 But in recent weeks something like the next upward wave is building. 🏭 After today's 7.86% rise, further increases are not...

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💶💵EUR/USD Start Of A Downward Correction? 💶💵Looking at the behaviour on EUR/USD today. 💶💵I find it hard to take a unanimous opinion on the direction. 💶💵Looking at how the price first knocked out a new peak to then go even lower than before. 💶💵Looking at how the EUR/USD will perform something like a sideways correction with the probability of the price going...

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🥨DAX Finally On The Decline 🥨Every investor has probably been waiting for some sort of downward correction on the dax. 🥨After a month-long accumulation, it was time for a decline. 🥨Today, we are down a full -3.28%. 🥨We are currently at the 0.236 level of the current upward wave, which I do not believe will hold the price for much longer. 🥨My target market is...

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🥇Gold a chance for a downward correction 🥇Gold reacted dynamically after the Fed's interest rate decision, contrary to the main trend followed over the past months. 🥇There is no arguing with this fact 🥇It stopped at the first local support zone at $1777 🥇The level where I see gold in the coming days is the support zone determined by the 0.382 level of the...

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💱USD/JPY Reaching A Resistance Zone 💱As I wrote recently about the possibility of the start of an upward movement on USD/JPY: 💱Yes, and we have lived to see the continuation of the uptrend in recent days. 💱The price has returned to the vicinity of 138. 💱The resistance zone and support remain unchanged. 💱Given the trend and the fact that the support zone...

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🍁USD/CAD Not Giving Up 🍁The scenario since my last post remains unchanged: 🍁Looking at the behaviour of the USD/CAD price in recent days. 🍁We could call it indecisiveness mixed with a desire to continue upwards. 🍁Following yesterday's 50 basis point interest rate hike in the US, investors in the market resumed the strengthening of the US dollar. 🍁Given that...

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📉S&P500 Strong support zone ahead 📉As I wrote recently after the sharp double top breakout and decline about the possibility of a continuation of the declines, I was not wrong: 📉There was another dynamic wave of declines that pierced the last local lows 📉 I moved the resistance zone near the border of the last downward gap. 📉 I left the support zone...

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💷💵GBP/USD As I Said 💷💵The scenario I wrote about recently has started to materialise: 💷💵The direction and support and resistance zones remain unchanged. 💷💵Given the momentum that started after the Fed raised interest rates by 50 basis points. 💷💵A continuation of the price decline looks very likely. 💷💵We have already broken through the 50-period moving...

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🦘AUD/USD Finally Declines 🦘The falls on AUD/USD that we have all been waiting for so long have finally arrived. 🦘The decline came from around the resistance zone. 🦘Determined by the 0.382 level of the entire 2021-2022 fall wave. 🦘This is where the strongest resistance is currently located. 🦘The price has not had the strength to continue its movement for...

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💶💴EUR/JPY Continued Increases 💶💴That's how I perfectly predicted the support zone and future trend direction in the last post: 💶💴Yes and this time I come to you with an update of my perspective. 💶💴The direction remains unchanged. 💶💴Today's upward movement was fuelled by another 50-point interest rate hike in the Eurozone. 💶💴Ahead of us there is a strong...

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💲Dollar Road To The South 💲As we can see, the Dollar, however, has chosen to go south in recent days all thanks to the inflation readings in the US, which again scored a fall as I wrote in previous posts. 💲Ahead of us there is a significant support zone determined on the basis of the 0.5 wave level from the 2021 bottom to the 2022 peak 💲Looking at the current...

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💷💵GBP/USD Declines Are Inevitable 💷💵Looking at how the GBP/USD bumped upwards today on news of the latest inflation readings in the US 💷💵It may confuse some and provoke further rises. 💷💵But I believe this was the last attempt at increases before the incoming wave of falls. 💷💵Looking at the divergence that has formed on the MACD and RSI 💷💵And considering the...

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💲Tron Ready For Growth? 💲Tron just like the rest of the cryptocurrencies in my opinion has a really good potential for growth. 💲It is one of the most prominent cryptocurrencies. 💲Therefore, I believe that sooner or later there will be increases on Tron. 💲Looking at the sustained uptrend for weeks now. 💲And given the fact that interest is returning to the...

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📉S&P500 Double Top = Declines 📉As I wrote in a previous post about the possibility of declines to around the levels of a very strong support zone. 📉 I could not have predicted that the market on the news of the latest US inflation readings would open such a large upward gap and score a double top. 📉 All of today's growth has been absorbed and my outlook for...