Michael-Neubauer

Michael-Neubauer

Current analysis of the DAX index - viewed in the H4 chart The DAX shows an intact medium and long-term upward trend. The last time it reached a record high of 15,803 points was on June 14th. The setback that has been ongoing since then led to the successful test of the rising 50-day line on Monday and the formation of an intraday correction low at 15,309...

Michael-Neubauer

Current analysis of Bitcoin (BTCUSD) - viewing in the D1 chart The BITCOIN has shown its weak side since the top formation in spring, especially starting from the beginning of May. Over the past few days, the selling pressure has increased further, so that the world's most famous cryptocurrency corrected again to the price level of USD 30,000. This brand has...

Michael-Neubauer

The short-term downward trend, since the movement high of 8 March, continues to hold the black gold of the global economy in check. As can be seen impressively, US WTI oil has already been clearly rejected from this trend line several times and especially just yesterday at the start of the week. Monday's setback almost took it back to support at USD 57.40....

Michael-Neubauer

The last few days have already been marked by steadily rising Bitcoin (BTCUSD) prices. Thus, there is much to suggest that there could be a march to new highs for the upcoming Easter holiday. The USD 60,000 mark is once again on the agenda and it will be exciting to see whether the largest and best-known of all coins finally manages to sustainably establish itself...

Michael-Neubauer

The S&P500 index started the new trading week cautiously. However, the basic course towards the north remains decisive and it is therefore not surprising that market participants have already taken hold again around 3,900 points. Once again, the support level of 3,900 points was confirmed and retains its relevance for further price development. Above this level,...

Michael-Neubauer

The rally of black gold in the form of the oil price, especially the WTI grade, peaked at the beginning of the month in the direction of the USD 70.00 mark. The appreciation, which became increasingly pronounced with the breakout at the end of 2020, ended just before this. The support level around USD 59.00 per barrel was fiercely contested these days. However,...

Michael-Neubauer

During the past two days, gold's little brother experienced visible selling pressure. At the end of last week, silver failed again to overcome the upper range and resistance zone around 26.62 USD. The subsequent price weakness caused the silver price to fall back towards the support of 24.77 USD. So far, and thus just before the support, a first counter-manoeuvre...

Michael-Neubauer

For more than two weeks, the price of Ethereum (ETH/USD) has been moving extremely slowly sideways. Without any major impulses, the price of the coin has oscillated around the level of USD 1,780. On the one hand, this can be interpreted as a lack of buying and selling interest. On the other hand, the dwelling in lofty heights shows a certain strength in connection...

Michael-Neubauer

Following the weak start to the month, the precious metal was able to stabilise and regain the temporarily abandoned downward trend channel. As expected, yesterday's meeting of the US Federal Reserve caused a lot of movement in the market. The central bank's statements had a correspondingly strong impact on the equity, commodity and currency markets. Above USD...

Michael-Neubauer

The GBP/USD currency pair could soon become interesting again. The calculated reversal dates provided a very good directional filter within our analyses in order to be able to plan and prepare the setups accordingly. Thus, numerous setups could be successfully completed. The past high in the GBP/USD was dated 19 February. After that, we assumed a primary price...

Michael-Neubauer

The last few weeks have seen some stocks in the renewable or "clean" energy sector hit hard. The hype around hydrogen also seemed to be broken. After the price peak at the end of January, Plug Power slid by about 46 %. Since last Friday, however, the hydrogen company has awoken from its hibernation and gained around 45 %. Where do we go from here? Plug Power...

Michael-Neubauer

The price development of Ethereum (ETHUSD) has been pleasing numerous investors and traders for some time now. The price is heading in the right direction and it seems that it is only a matter of time before it breaks above the USD 2,000 mark, especially at the end of the day. In this context, it is doubtful whether there will be another major swing to the south....

Michael-Neubauer Updated 

Analysis firm Cryptoquant around Ki Young Ju sees the current price level as an entry area for institutional traders. In doing so, his assumption coincides with that of Bloomberg analyst Mike McGlone of an imminent bottoming out followed by a rally to potentially USD 100,000. If the demand for large companies to invest in Bitcoin is currently increasing, but the...

Michael-Neubauer Updated 

Short analysis on Bitcoin from 08.03.2021 As expected last Sunday, there was increased position smoothing within the distribution zone and a corresponding reaction on the short side. The cryptocurrency BTCUSD is currently within a very decisive phase. If the current temporary downward reaction stabilises above USD 49,000, a renewed test of the upper limit level...

Michael-Neubauer

The S&P 500 released the handbrake from Monday and was able to convince with significant gains on Tuesday. The S&P 500 Technology Index also rose by more than 2 %. Investors took advantage of the previous day's sell-off to buy in cheaply again. Concerns about rising bond yields seem to have been forgotten for the time being. Hopes are too high for what could...

Michael-Neubauer

The second best-known and most market-capitalized cryptocurrency called Ethereum (ETH/USD), followed the mother of all coins - Bitcoin (BTC/USD) - with great strides. However, with the touch of the round mark of 2,000 USD, the appreciation urge stopped. Since the end of February, Ethereum has therefore been in a consolidation phase that is still ongoing. This led...

Michael-Neubauer

Technical Analysis + Turning Dates on Silver USD Already at the end of February, we pointed to an imminent downward wave in the silver price. As it happened, the price corrected to the upward trend line since December. With the turning point of 2 March, a small counter-reaction is now being allowed. However, in the context of the upcoming negative turning point...

Michael-Neubauer

Technical analysis Bitcoin Since the price weakness at the end of February, bitcoin (BTC/USD) has stabilized. The level around 45,300 USD is of particular importance here. Because this now serves as a short-term support. The attack on the round level of 50,000 USD is currently taking place in this context. An assumed establishment above this round mark allows...