Silver was facing bearish pressure, but managed to stabilise above an essential support at 31.300 without continuing further down. As long as the commodity remains above the 31.000, price action may likely move towards previous higher high at 33.000. Depending with the trajectory of the bullish move in the coming weeks, and settling above 33.000, the commodity...
YM is currently in a bearish trend and may likely continue this trajectory after having broken through a consolidation phase between 43700 and 43300 to the downside. As of now, price action is trying to rise and retest the break zone and its upper bound. If it remains under 43700, price action may continue in its downward direction towards support barriers below...
The SMI is headed towards the upside after breaking a bearish and correction phase. Currently, the index is en route to form a new lower high on the higher timeframes, situated between the orange barriers.
Nasdaq is ranging between 22000 and 20500, and price action is currently bouncing off the 20500 support. As long as price action is above the 20500 barrier, price action may try to reignite a bullish rise towards the established highs. Failure to continue up and settling under 20500, the indice may now be in a bigger bearish phase. However, if the price action...
Bitcoin reached the halfway point of the previous bullish rise, as price action was consolidating with bearish motives, from the all-time high of 109k to 79k. As of now, the crypto is reacting from the 79k barrier and may try to pull back to the upside. Price action may oscillate between 79k and 89k in a correction phase until a definitive bullish or bearish...
Gold is currently ranging between the all-time high and 2886, and may retest the top after having failed to settle with a bearish continuation under 2886. If price manages to stabilise above 2915, the commodity may aim to touch above established highs. Failing to go up may see a downward trajectory for the yellow metal.
Bitcoin was ranging between 107,000 and 91,000, but has broken through this phase as price action touched 86,000. This may signal a deeper correction if price fails to rise above the 91k barrier. Possible Moves: Current movement maybe between 91,000 and 86,000 as the crypto may retest the break through point to the downside. After the upward pullback, as long...
Silver is currently moving between 33.20 and 32.000. The bullish rise may be because price action could not continue the bearish pressure since price action settled above the 32.000 zone. As long as price action is above 32.000, and also surpassing 32.500, the white metal can then rise aiming to reach the 33.000 area and higher established barriers.
Oil is now in a correction phase after having been descending, as noted on the left side of the chart. The price may move between 73.72 and 70.12 and a break of either side may lead to bull run or a bearish continuation. For the immediate bullish rise, if price continues to be above 70.12, and passes 71.6 simultaneously settling above, the commodity may try to...
Gold may pull back to the upside and retest the established highs at 2940 and 2938. The rise in price is because the metal found stability on the support barrier at 2877 which was a previous resistance that has turned into support. Currently, price action may fluctuate between the above 2940 and 2877, upon breaking. A break on either side will determine the...
Dow Jones may be headed towards the top, because the indice broke through a bearish channel (maroon trendline) at 44500, simultaneously finding nearby resistance at 44750. Price action retested the breakthrough point and is currently finding stability above it as indicated by the (green trendline). Remaining above 44500, the indice may be headed toward 44750,...
Dollar Rand has been bearish all week, but this seems to ceasing as there may be a slight shift of momentum. As long as price action is above 18.4500 it'll likely erase, this week's bearish momentum. This is because price action is failed to continue to the downside by breaking this barrier. However if price action does settle below 18.4500, then the bearish...
Pound Yen is currently attempting to continue its bullish rise aiming for the 193.000 and 194.000 regions. If price action fails to settle above 193.000, a drop may become favourable due to the failed attempt to continue up. However, find the strength to go above 193.000 may see a bullish rise. Price action is oscillating between the 192.000 regions and may find...
Silver has and is still in a bullish trend, but is facing a correction at the moment after failing to stabilise above 32.000. As price action is declining, the commodity may drop towards the nearest support barriers in search of upward pressure. Conversely, if it fails going down to the 31.300 and 30.832 supports, and breaks downward channel and settles above...
As long as the price is under 45000, and fails to break this barrier the indice will likely be bearish.
Dogecoin might rise due to finding a support barrier, from the previous bull-run. As this barrier was a previous resistance turning into support, the crypto may have found a catalyst from this zone at 0.20500 which may lead to a growth. Currently the crypto is contracting and correcting within the lower timeframes and a break up or down may yield to the intended...
Dollar Cad, managed to show bullish strength after breaking through the 1.44000 mark, after having anticipated a potential drop. As price dropped after reaching the above high, price action is stabilising above the 1.43500 with an attempt to retest the above highs. Settling above the 1.44000 and 1.44600 may yield to a continued rise. However, if the pair fails...
Euro Pound is in a correction phase within the M and W frames but currently trying to ignite some upward pressure in the lower timeframes. Price action managed to pass through and trying to settle above the 0.83300 barrier. If the pair finds strength to settle above after the retest, price action may aim to reach the established highs as they'll also be future...