Ethereum began last week with an upward move that turned into a bearish correction from Friday till today. The bearish correction looks likely to be fading, as the crypto will likely resume it's upward trajectory into this week because of possibly breaking the price to the upside.
The crypto managed to pull back upwards to reach 103,000 but has failed to pass through this zone for a bullish continuation. As long as the price is under this mark, Bitcoin may retest established lows, in an attempt to regain bullish momentum again. Conversely, if the crypto stabilises above 103,000 it will keep growing.
Ethereum may be in a potential long opportunity after finding stability on a key support. As long as price action is above 3.600 and lack of bearish pressure, the crypto may retest established highs as potential resistance barriers. Stabilising above 4.000 may further see bullish continuation. Simultaneously, failing to continue up and stabilising below 3.600,...
Gold Euro will likely transition from a bullish into a bearish trend as price action is developing in that trajectory. Price action failed to stabilise above 2600, and the bullish move was rejected upon reaching this mark. As of now, the yellow metal looks headed towards the downside. The nearest support is were it might reignite bullish interest. Conversely,...
Dow Jones successfully dropped as previously anticipated. The sell move is fading bit by bit, and a bullish breakthrough maybe on the verge of occuring. A break of this bearish channel may lead to YM testing established highs, with continuation to create newer highs. Failure to buy and breakthrough this selling zone, may lead the indice to continue down due to the...
Gold is still in a correction structure which may head towards nearby support if the sell continues. If the yellow metal fails to go down and stabilises above 2722, then price action may keep going up. Alternatively, a break of 2722 to the top, and 2600 to the downside, may be pivotal zones to determine the trend direction from a larger perspective.
Ethereum has been bullish for sometime and may experience a slight correction due to a fading bull run. As long as price action is below 4.000 and 4.100, the crypto may halt the bull run and find support on the nearest barriers. Stabilising above the above figures, as well as failure to correct as anticipated, the bull run will still continue searching for the...
US100 has been in a bullish trend for some time, but now this momentum seems to be fading each time the indices tries to go up higher. As price action is currently developing, a potential drop will happen if the indices fails to find stability above 21600. Alternatively, finding upward strength above this mark, the bullish move will resume further.
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.