InvestMate

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🥇Gold Will Defend Support Zone? 🥇All eyes on gold are currently on two key support zones. 🥇It is on these that we depend whether we continue the uptrend or fall into a sideways trend. 🥇The first support zone we are currently on is the zone determined by the fibo level of 0.236 of the entire upward wave from the September bottom to the current peak. 🥇The...

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📉S&P500 Where do we fall from here? 📉That's as I predicted to perfection in my last post from where the S&P500 will fall: 📉This time I would like to update my outlook for the next few days. 📉 Outline the possible levels to which the price can go 📉 As we can see this is the 3rd day of declines in a row on one of the world's largest indices. 📉 Ahead of us...

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₿ Bitcoin Support Zone Defended Fasten Your Belts ₿ As I wrote recently on Bitcoin's future breakout: ₿ As you can see, Bitcoin is holding the support zone brilliantly and eager negative sentiment is unable to break it. ₿ I think we may see some sort of breakout in a northerly direction in the near future. ₿ I determined the support zone based on a cluster of...

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💶💵EUR/USD Declines but watch out for support zones 💶💵EUR/USD As I wrote previously: 💶💵In my opinion it is on the declines. 💶💵The direction remains unchanged. 💶💵The only thing I want to draw your attention to are the support zones which can be a short term obstacle against declines. 💶💵The resistance zone was determined by the recent peaks 💶💵I have determined...

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💷💴GBP/JPY rises on the horizon 💷💴The same as for EUR/JPY 💷💴It looks like the Pound will follow the Euro's path and also start a journey northwards. 💷💴All thanks to the defence of the support zone and a strong reaction towards the north. 💷💴The support zone was determined by the fibo level of 0.618 of the entire downward wave from the 2015 peak to the covid...

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🍁USD/CAD Still on the rise. 🍁That's as I wrote last time. USD/CAD in my opinion has really strong upside potential in the next few weeks. 🍁 Looking at how today's daily candle looks. It's not hard not to get the impression that green days are ahead. 🍁 All thanks to a bounce from a strong support zone and a retest. 🍁 The support zone was determined by a cluster...

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💶💴EUR/JPY Change of plans 💶💴The market behaved exactly as I wrote in the previous post: 💶💴As you can see on the chart we have bounced off a strong support zone defined by a cluster of two levels. The first is the level of the 0.618 wave from the 2008 peak to the 2012 bottom and the second level is the 0.786 wave from the 2014 peak to the 2016 bottom. 💶💴And...

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💲MATIC Time for Growth 💲Matic has been looking very pro growth in recent weeks. 💲You can see that the fundamentals are working and pushing this cryptocurrency upwards 💲Over the 21 November low we have been making a sequence of increasingly higher lows which is very indicative of a developing uptrend 💲We can see that we are above the 50 and 200 moving...

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💲Ethereum ready for the growth? 💲Eth has already been in a culmination of a good few months. 💲For the fall of the FTX exchange, it has not reacted as violently as Bitcoin. 💲The price defended its lows after which the price also made a test of the double bottom from which the upward breakout occurred. 💲In the vicinity of the recent lows, I determined a support...

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🐕DOGE Higher and higher 🐕From what we can see Dogecoin doesn't give up and with every minor or major correction it gets overbought. 🐕Looking at the current demand for this cryptocurrency, it is not difficult to get the impression that in the next days, weeks, months there is a high probability that we will go even higher. 🐕We have currently stopped at the...

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💵DXY Declines Before Increases 💵Looking at how the dollar has behaved in recent days, it is not difficult to get the impression that we have not exhausted the full downside potential. 💵We have stopped at the first support zone. 💵I think we can stay between the nearest supports for a while. 💵Everything currently points to a continuation of the declines. 💵But...

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₿ Bitcoin two possible scenarios for coming weekend ₿ This post is a direct follow-up to yesterday's post. In which the topic of bitcoin was further explored ₿ There are two scenarios ahead for the coming weekend ₿ The first is a renewed decline to a support zone, a cumulation and then a continuation of the upside. ₿ The second is to start breaking out now...

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🦘AUD/NZD Declines Declines and post-declines. 🦘This post is my long-awaited follow-up to a post I put up some time ago in which I wrote about the coming declines. 🦘The declines have arrived and in the current post I will introduce you to a zone that could play a key role in the coming weeks. 🦘We have broken through the resistance zone and are moving...

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💶💵EUR/USD Attention Bull Trap 💶💵Post is a direct follow-up to yesterday's post on EUR/USD 💶💵After a sharp downward reaction we are back around the resistance zone again, which I believe will bounce EUR/USD again towards the target set in the previous post. 💶💵The scenario I'm playing out is a continuation of the declines into the previously set support zone. I...

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🥈XAGUSD Squeezing out the increases 🥈Looking at what has been going on in silver in the last few days, it can only be called a squeeze of increases. 🥈Looking at the dynamics of the candles and the great interest in buying silver. 🥈I couldn't leave out this commodity in today's analyses. 🥈We have broken out of the first support zone determined by the 0.382...

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🛢️USOIL A new wave of growth? 🛢️Are we getting ready for a new wave of growth? 🛢️Everything looks like it. 🛢️Looking after the breakout of the new low and the sharp buying reaction I am leaning more and more towards an upward scenario. 🛢️We are back and currently at a very strong support zone defined by a cluster of two strong fibo levels. The first is the...

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💷💵GBP/USD Don't count on continuation of increases 💷💵GBP/USD Finally reached an important price level marked by a resistance zone. As we can see, the price has repeatedly found it difficult to continue upwards at these points in the past. 💷💵Will this be the case this time too? 💷💵The support zone to which I expect the price to descend is around the cluster of...

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₿ Bitcoin Where to join the rises? ₿ This post is a direct continuation of a previous post in which I wrote about an upcoming upward wave that we have caught brilliantly. ₿ In this post, we will try to predict where the correction may end after which we will start the continuation of the uptrend. ₿ The key place on the chart is the support zone. ₿ It has...