Ibex may rally upwards due to the sell off not stabilising under 11300. However, the price may bounce back up above 11300 heading towards the top. Breaking the mark may see bearish continuation.
Bitcoin is struggling to break 99k and may face downward pressures heasing towards nearby support barriers. If price action decides to go up and stabilise above 99k, the bullish move will see targets between 100000 and 120 000 before a cessation again.
The Dax was in a consolidation phase which turned out to be a bullish flag because price managed to break out and stabilise above this correction structure. As the indice is developing, price may correct a bit tageting the region between the 19600 and 19500. However, if price action fails to drop and manages to stabilise above the 19900's into 20k, the German...
Pound Cad will continue to the downside if price action remains under 1.7800. A break above this mark and the bearish channel, may alter the selling momentum. Continued stability, under the above mark, the pair may likely drop and regain some bullish pressure on the nearby lows as support.
YM, may correct a bit and find upward strength between 44000 and 43700. The sell will likely lead to the indice expanding to the top again.
The yellow metal will likely drop if the price is under 2660. If the price action drops, possible buying zones would be 2573 and 2559 targeting the 2700 region.
Gold Euro is currently in a correction phase which may lead to a sell if the price remains under 2540. If price actions does sell, potential targets for an upward movement would be between 2443 and 2411
The Dax was on a bearish move targeting the 18700-18400 regions but is currently reversing and seems headed to touch previous resistance barriers. The bullish possibility is because price action failed to go beyond the 18800, settling around the 18900 and now 19000 instead. As long as the price is above 19k, the index may try to touch the 19420 and 19500 zones.
Platinum ranges within the monthly frame and may find bullish pressure after stabilising above 900.00 due to the cessation of the bearish move. The nearby resistance barriers may be the target for the current and potential upside move. Failure to continue up and stabilising under 900.00, may lead the metal to continue down.
The crypto has managed to break through the correction phase and trend momentum since 66k and is or may stabilise below 92k, after breaking through these barriers during the London and New York Sessions. Nearby marks below will be the targets and may be possible zones to kickstart a bullish pullback.
Gold Euro will likely continue to the downside after pulling back but with minimal gains. Also, price action is consolidating and will finish off the last wave of this correction and then continue down. This last sell-off may kick start the bullish move if the pair finds support above 2415.
Gold Euro may head upwards if the metal manages to find support between 2500 and 2470. If the price action does find support, the pair may target upward barriers. If it fails, it may retest further down at 2415.
The yellow metal has been in a correction phase which may be ceasing! Failing to stabilise above the 2700 mark, price action will continue its bullish pullback to the top. Conversely, remaining under the 2700 region may see the yellow metal continue its bearish momentum.
Gold Euro may head upwards if the metal manages to find support between 2500 and 2470. If price action does find, support the pair may target upward barriers. If it fails, it may retest further down at 2415.
The crypto continues to show bullish strength and may continue to do so as the week/s develop. However, a bullish continuation may continue, if price corrects slightly below on the support in orange barriers. Finding stability between 97 and 92k, and within the current correction phase in the green structure, will kickstart the bullish run again. Conversely,...
Bitcoin may find buying pressure after dropping and finding support from the proximity of the previous all-time high. The crypto will still go up as long as price action is within the correction phase and above 92k. Finding stability and breaking 92k, may see a bearish outcome.
JSE experienced resistance on the 77,000 barriers and stabilised under this mark. The index may find support on nearby barriers.
Copper broke a bearish channel and stabilised above 4.000, possibly leading to retest established highs.