Michael-Neubauer

Michael-Neubauer

Turnaround dates (highs and lows) can be calculated in advance using our proprietary models. The turning dates have an average tolerance of about three trading days. In 80% of the cases it is even only two trading days. This gives us a very good directional filter in advance within our analysis methods, with which we have been working successfully for many...

Michael-Neubauer

The EUR/USD was able to turn up even before the turning date on 8 February, working its way up to the resistance zone at USD 1.2170. This resistance level was reached exactly on 16 February. With an ultimately weak trading day, this attack ended and a renewed consolidation followed. This time, however, with a higher low, which led the currency pair back up to the...

Michael-Neubauer

Today, the turning date for silver (XAG/USD) is in focus. With the weakness that already began yesterday, a loss phase lasting until the beginning of the new week - at the same time of the new month - is indicated for the silver price. Great sell-offs should not be expected here, however. Because already to 2. March a already new turning point points itself. This...

Michael-Neubauer

Only just before the last named target of the price range around 60,000 USD, bitcoins (BTC/USD) turned sharply down at the start of the week. More than 15% lost the mother of all cryptocurrencies at the peak, pulling the entire sector south. In the context of the previous gains, however, this setback, considered relatively and in the course of the common...

Michael-Neubauer

Short analysis on gold The gold price (XAU/USD) has reached the targeted and deposited 2nd price target. As expected, the first signs of exhaustion occurred in this area, which justified a profit-taking in line with the market (as previously communicated). For further rising prices, a decline to USD 1,795 and 1,788 must be factored in from a statistical point...

Michael-Neubauer

Short analysis on the DAX in the context of the cyclical calculation On further rising prices is to be counted on the German leading index only with very much imagination. On the contrary! According to our calculations, a price decline of several weeks must necessarily be included. We strongly advise against any long positions in the current environment. We see...

Michael-Neubauer

In our analysis of February 18, we discussed the very high probability of a reaction on the long side. The price target of a minimum correction (probability of occurrence approx. 67%) has already been reached! Provided that the support level that has existed since the end of November is not sustainably undercut, a further price increase in the direction of USD...

Michael-Neubauer

The S&P 500 is bursting with strength and so it is not surprising that the index made another new high just these days. The bulls remain persistent. Nevertheless, in the context of today's turning point, the weakness of the last few days could well extend and initiate a countermovement. Together with the upward trend line that is at stake, a downward trend is...

Michael-Neubauer Updated 

In direct comparison to silver, the past trading days were extremely sobering for gold. Since the movement low on November 20, the noble metal could only gain a meager 1%. Silver, on the other hand, shot up by a staggering 24% during the same period! Where do we go from here? After the previous downward impulse, gold (XAU/USD) is in the consolidation zone that...

Michael-Neubauer

The silver price (XAG/USD) has been in a technical uptrend since mid-December, with rising highs and lows. The precious metal clearly outperformed gold in recent weeks, which is why we clearly prefer this asset. Already in July last year, we had drawn attention to the very high gold-silver ratio and the historically exceptional situation in silver! The following...

Michael-Neubauer

The German leading index DAX seems to be getting more and more stuck in the area around 14,000 points. Should there therefore be another upward impulse before the imminent reversal date on 19 February, this would be an interesting opportunity to start a possible short exposure. Looking at the end of the month, a downward trend towards 13,800 points is more likely....

Michael-Neubauer

The silver price (XAG/USD) has been in an upward trend since the end of November, with rising highs and lows. Silver is currently performing much better than gold, which is why we clearly prefer this asset. As long as the support at USD 26.70 and USD 25.90 is not sustainably undercut, we expect a further upward movement to the make of USD 29.30. The next high will...

Michael-Neubauer

After the previous upward movement, the AUD/USD currency pair is at a strong resistance area. Based on our cyclical calculations, there is currently an approx. 80% probability of a price decline until around March 01. (Our turning dates have an average tolerance of 3 days. In 80% of the cases it is 2 days). Note: Within our G.I. Swing trading strategy uses three...

Michael-Neubauer

The upward trend in the S&P 500 remains intact. This will probably not change until 19 February. The price target and movement high is currently USD 3,971. At this point, however, caution is advised! All long positions should at least be hedged, as we expect a decline until 01 March for the time being. The probability of a decline is about 80 %. (Our turning...

Michael-Neubauer

Our LONG setup (GBP/USD of November 23rd) has developed very nicely. The reaction low (November 27th) was hit exactly on target. Our deposited movement high (December 04) is just being dealt with. The price target of USD 1,34386 was exceeded by far and is currently at the resistance level that has existed since December 2019. We recommend profit taking and a...

Michael-Neubauer

The low has arrived with a tolerance of one day (on November 30th). After the break, the support confirmed for several months, the gold price (XAU/USD) reached a movement low on Monday November 30th, confirming our deposited turnaround date (with a one-day tolerance). In our analysis of November 14 (13 days in advance) we had already pointed out the movement...

Michael-Neubauer

In our previous analysis of the GBP/USD, we had mentioned a reaction low around November 27. If this low is not breached again, the reversal date is confirmed (0 day tolerance) and an upward movement should take place until around December 4th. The following parameters remain unchanged: Target price: 1.34386 USD Supports: 1.31962 and 1.31064 USD. The hit...

Michael-Neubauer

Technical analysis of the S&P 500 The S&P 500 (SPX) was in top form at the start of November and climbed to a new high. Currently, however, you should not expect too big jumps any more. A turning point (high) can be expected around December 1st, which, with or without a new previous high, could initiate a temporary movement impulse up to a support of around 3,550...