Dollar is strenghtening against all the majors, so EurUsd and GbpUsd are going downward mainly because of the expectations about another rate hike for the next Fomc Meeting. The weaker major is the JPY so UsdJpy could be the most powerful FX Major in the market right now. TECHNICAL: If we look at the weekly chart, we can see that UsdJpy has been supported in...
Timeframe: Weekly Method: Price Patterns (Proprietary) Analysis: This is a Bearish Scenario for Nasdaq. There is cross between the two main trendlines that are draw in this chart. In the last week we have seen a strong rejection of 15000-15100, from a strong bullish pattern of the last week of trading. If we are looking for a berish trend, the next levels are...
Timeframe : Daily Method : Price Patterns (Proprietary) Nasdaq is one of the weakest globa indexes since the beginning of the year. The Bearish pattern is clear but we have to stay focused on the possible next target area of this move becuase, on the long run, the Equity markets are Bullish. Expected Move : Bearish move to 15170-14800 area DISCLAIMER : ...
Timeframe : Daily Method : Price Patterns (Proprietary) GBPUSD is strictly bullish on the short-term especially if we look at the daily chart. The natural target for this move is the area of 1,3650 and then we could see a bearish move to 1,35 or maybe under this area to 1,3450. Expected Move : Bullish to 1,13650 and then bearish to 1,3450 DISCLAIMER : All...
Timeframe : 4h Method : Price Patterns (proprietary) NASDAQ could move down again after the bearish movement of yesterday. The weekly chart and the daily chart are clearly bearish, so we could easily suppose that this trend could continue for the next hours. Target : 16130-16090
Timeframe: 4h Method: Price Patterns (Proprietary) USDCAD had a massive downturn during the last 2 weeks of 2021, so there is a support in area 1,26-1,2630. From this area there could be a significant rebound to 1,2730-1,2760. This area could be the target of this move.
Timeframe : Monthly Method : Price Patterns AUDUSD could be one of the most interesting assets for the year. Looking at the areas in the chart, 0,70 and 0,6680 are levels that lead the prices to be support for a long time or resistance area. For example, from 2015 to 2019, 0,7000 was a very supportive area. From August 2019 to January 2020 the area between 0,70...
Timeframe: Monthly Method: Price Patterns EURUSD is the most important FX major in the markets and one of the most liquid asset, so it's an "heavy-weight" on the market. Zero-Rate policies in the markets with an high rate of inflation could be considered as a danger in the market, but there could be a time when all those non-balanced situations will return to...
Timeframe: Monthly Method: Price Patterns Bitcoin BITSTAMP:BTCUSD moves like other financial instruments that we know (Futures and FX) despite its controversial nature as a financial instrument. In the Yellow zones there are the "Reverse points" that underlines the key area for the next months. Looking at the chart, the BTC is facing a downward movement...
INTRO: GBPUSD is currently facing a downshift on its major trend, helping the stregthening of the US dollar in the long run. The US dollar appreciation could be a problem for the long run perspective, so could be possibile to see an appreciation of the majors against US dollar for the next months OUTLOOK: Looking at the monthly charts, there is a strong Buy Area...
In this chart there is a GREEN area that identifies the area where buyers support the market. Probably during this week, we could see the S&P500 going below 4435 and then over 4500. The market seemes to be Bullish on the long run but the interest rates dynamics on the long run could affect this bullish trend. A CUT on the interest rates could be a significant...
The weekly chart seems to be clearly in a rebound dynamic, so the daily chart too. The area between 14780 and 15000 could be crucial for Nasdaq, especially if a Long move is expected to arrive at 15400. The dynamic on daily base is Long and the market could go directly to 15300-15400 already from the beginning of the week.
Prices are going down but it's just a retracement to new lows to buy. Oil could go to 55.70-56 and then could go to higher levels making new highs for the long run.
There is a very important area between 1,11 and 1,1060. There could be a rebound if the prices will test this area and then a massive long-term bullish trend could begin leading the prices over 1,20 in the long-run.
EurUsd seems to be fully charged to go to 1,1720 and probably closing the month with a green candle. This situation could be perfect for a big upward movement on the next ECB meeting on 13th september.
This is an idea about a Long Term movement on different markets in relation to the Turkish Lira move.
Looking at the weekly and monthly timeframe we could see that the market is going to sell US Dollars on the long run. Now Assets like commodities (Gold and Silver) are facing some interesting rebound area, as well the eurusd and the cable are probably going to rebound on monthly lows areas. There are some other MACRO factors in this analysis and, if you want to...
Probably the EurUsd could go to 1,16-1,1630 area this week and then the first traget area could be 1,1750 and then 1,1800. For the end of the month, if the market will go above 1,1860, there could the confirmation of a Bullish market for the next months. Also this could affect other markets like commodities (BULLISH) and equities (BEARISH)