Aleksin_Aleksandar

Aleksin_Aleksandar Updated 

The dollar index has been losing its previous bullish momentum for a couple of days now, encountering resistance in the 104.50-104.70 zone. This resistance coincides with the resistance from the end of July. From this morning, we see a pullback to the 104.00 level and a hint of a turn to the bearish side. The first target is the EMA 200 daily at 103.40. If the...

Aleksin_Aleksandar Updated 

Ethereum on the verge of returning above the $2700 level. We also expect to see the formation of a new October high, with a target of $2800.

Aleksin_Aleksandar Updated 

After breaking the previous high, Bitcoin made a retest and started a new bullish consolidation. We also see a break of the upper trend line and a strengthening of the bullish momentum. Everything indicates that we will visit the ATH zone again and attack it to create a new one. The target is -0.618% Fibonacci level and $74600. It would be nice to see Bitcoin at...

Aleksin_Aleksandar

Pair EURUSD managed to return above EMA 200 hourly time frame. We are in the zone of a potential retest, from where the EURUSD could start a new bullish consolidation. A break above 1.09000 could be a good springboard for growth towards the 1.10000 level.

Aleksin_Aleksandar

USDCHF, we have a double top in the 0.87000 zone. After that, the pair loses momentum and retreats to 0.86600. This support of around 0.86500 is critical. If we break below, we will see a more significant pullback with potential targets at 0.86000 and 0.85500.

Aleksin_Aleksandar

Fibonacci says gold continues up into the $2775-$2830 zone. What do you think, does the price go up to $3000 after that?

Aleksin_Aleksandar

The price of gold has a new opportunity to start a bullish consolidation and reach $2700 for the first time. We have a break of the previous resistance line and a retest at the breakpoint. The price has initial momentum, and we expect momentum to strengthen above $2675.

Aleksin_Aleksandar

The first potential support for the S&P 500 is around 5450.0 at the EMA 50 daily moving average.

Aleksin_Aleksandar

The price of Bitcoin could soon return to $70000 again. We have support from all moving averages, break and retest at $66000 level.

Aleksin_Aleksandar

The yen index is at a key point testing the EMA 50 daily moving average. If we manage to get his support, the yen could start a longer-term recovery.

Aleksin_Aleksandar

The dollar index could recover again to 105.00 if it gains support from the EMA 50-4h moving average. At 105.00, we expect the next major resistance. This level could be very important for the dollar's longer-term trend.

Aleksin_Aleksandar

Since the beginning of the year, the Japanese index in a bearish trend. The main resistance and trend indicators are the EMA 50-daily (white line) and the EMA 20-daily (purple line). The interest rate hike by the Bank of Japan did not bear fruit in strengthening the Japanese yen. The picture is still very bearish and we can expect a further pullback to the April...

Aleksin_Aleksandar

Bitcoin is under pressure to go down and retest the EMA 50-daily moving average at the $65860 level (Fibonacci 50.0%). It has the previous two lower lows, which confirm bearish swings.

Aleksin_Aleksandar Updated 

The dollar index is well positioned to initiate new a one-month bullish consolidation. With the Fibonacci setting, both previous pullbacks were stopped near the 61.8% level, and additional support for the bullish option is the growing trend line. Based on that, we can expect the dollar index to start a new bullish consolidation with the main target at 107.00.

Aleksin_Aleksandar

The price of oil is preparing for a new retreat. The first target is $76.00, after which we could go down to the $74.00 level. We have a bearish momentum from Monday and a rejection from the EMA20-daily.

Aleksin_Aleksandar Updated 

The dollar is definitely under a lot of pressure at the 106.00 level. This led to a bearish impulse at the 105.70 level. We may see a continuation of the dollar index's pullback to better support. The potential target is EMA20-daily (105.20-105.40); if we do not get support there, the next target is EMA50-daily (104.60-104.80).

Aleksin_Aleksandar

The price of gas is moving away from the previous bearish trend. January and February were extremely bearish. March was a month of consolidation, and April initiated a bullish consolidation supported by EMA20 and EMA50 daily. The price is currently at the $2.05 level, and before the next bullish run, a pullback to the $1.95 support zone is possible.

Aleksin_Aleksandar Updated 

Last Friday, the dollar index successfully closed the gap from January. After that, this week, the dollar managed to recover from 102.50 to 103.50 levels. We have additional support in the EMA50 moving average. On Wednesday, the FED will announce the future interest rate. Expectations are that it could remain at the same level. This could strengthen the dollar...