In the gold price analysis for the second week of September by the Mallicast team, based on the last candle of the previous week, it appears that traders should look for suitable zones to enter buy trades. This analysis indicates that the market is in a position where a price increase is possible, and traders are advised to carefully examine support levels to...
In the analysis of the Dollar Index for the second week of September by the Mallicast team, an initial correction in the downward movement from last week is expected. However, it is anticipated that after this correction, the price will once again decline. One of the key reasons behind this analysis is that the Federal Reserve has not announced any changes in the...
Mallicast team dollar index analysis We announced the trend at the beginning of the week and we still believe that the dollar will be bearish until the price of 100.278
According to the liquidity area, there is still a possibility of falling to the price of 2495
The Total index, which represents the overall liquidity in the cryptocurrency market, has a significant impact on Bitcoin's price, as a large portion of this liquidity is attributed to Bitcoin. Changes in this index can be very helpful in analyzing Bitcoin's price movements. The Mallicast analytical team, using available data and technical analysis, predicts that...
Following the recent decline and negative price movements in the global oil market, the price of oil has approached a key liquidity zone. The Mallicast analytical team, through careful examination of price charts and market behavior, has concluded that this area could act as a significant support level and potentially correct the current downward trend. As the...
After the release of the PMI data, the US500 index experienced a downward trend on the 4-hour time frame. The analytical team at Mallicast has identified this bearish movement considering the economic data and market reactions. Based on technical analysis and observed patterns, it is anticipated that after this downward move, the US500 index may potentially resume...
The Mallicast team has recently analyzed the price of Binance Coin (BNB). In this analysis, we have not delved into a broad price range, but the current market situation suggests that BNB is likely in a range-bound movement. Based on our analysis, we have identified the price fluctuation range for BNB between $476.7 and $546.4. This indicates that the price of...
The Mallicast team has conducted a recent analysis of Ethereum and concluded that, on short-term timeframes, an upward trend is expected for this cryptocurrency. Based on the analysis, Ethereum is projected to move towards a price of $2806.40, indicating a potential for significant price increase in this period. This bullish trend suggests strong demand and...
Considering that Bitcoin and currency pairs often follow the trend of Tether dominance, especially on the daily timeframe, we have analyzed Bitcoin as follows
The analysis team at Mallicast has outlined two potential scenarios for Tether's (USDT) dominance. Currently, Tether's dominance is hovering around 5.94%, a range characterized by substantial liquidity. Given these conditions, there is a potential for a price correction that could bring the dominance down to the 5.63% level. Such a correction might present a good...
The Mallicast team's price forecast for the USD/JPY currency pair remains bearish in the short term. Given Japan's monetary policies, including maintaining negative interest rates and quantitative easing, the Japanese yen may strengthen against the US dollar. This downward trend could result from market expectations that Japan will not change its expansionary...
The Mallicast team's analysis for the USD/CAD currency pair is as follows: Currently, this pair is in a downtrend with low momentum. This decline in price might indicate a relative weakness of the US dollar against the Canadian dollar, which could be due to various economic factors such as a decrease in interest rates, weak economic data, or an increase in demand...
The Mallicast team's analysis for the GBP/USD currency pair is as follows: Considering the long-term bullish leg that has been observed in this pair, we may initially see a price drop to the level of 1.30427. This decline could be due to profit-taking by traders or a reaction to negative economic data. After this drop, a short-term upward movement to the price of...
The Mallicast team’s analysis for the EUR/USD currency pair on the 1-hour timeframe is as follows: Initially, the pair is expected to rise to the price level of 1.11050 with low momentum. After this initial upward movement, a corrective decline is anticipated, bringing the price back to the 1.10829 area. At this stage, the market might show signs of hesitation or...
The Mallicast team has provided their analysis of the global gold index on a 4-hour and short-term timeframe as follows: Initially, it is expected that the gold price will absorb all stop hunts around the liquidity zone of 2483.60. Following this, a strong upward movement is anticipated, pushing the price up to the level of 2531.744. This upward movement could...
The Mallicast team has provided their analysis of the Dollar Index on the 1-hour timeframe as follows: Initially, it is predicted that the Dollar Index will drop to the level of 101.554. After that, a strong upward momentum is expected, reaching a price of 101.748. This will be followed by a correction in the upward movement with minimal price fluctuation, and the...
The analysis of silver can continue to align with the previous assessments by the Mallicast team, making it one of the best investment options available. The Mallicast team has predicted that the upward trend in silver will persist, offering a valuable opportunity for investment. Based on recent technical and fundamental analyses, silver is not only recognized as...