The EURUSD is being corrected towards the short-term key support. When the zone is tested, one could enter new purchases with a target at yesterday’s high. When the high is broken through, the next upside target will be Gold Zone 1.1081 – 1.1070. If the trend key support is broken out, the short-term trend will turn …
Euro/Dollar forecast for today: EURUSD analysis 03.02.2023 Read More »
Yesterday, gold was corrected down to the trend key support zone 1912 – 1907. The zone hasn’t been broken out, and one could enter purchases according to the pattern today, the target will be the high of February 2. If the trend key support is broken out and the price consolidated below, the gold short-term trend …
Gold forecast for today: XAUUSD analysis 03.02.2023 Read More »
The oil short-term trend turned down yesterday. The price broke out the trend key support 77.42 – 76.89. Now, the downside target is the lower Target Zone 72.17 – 71.12. It is relevant to sell on the correction when the price reaches resistance (A) 78.99 – 78.64 or resistance (В) 80.92 – 80.39. To enter a sell trade, one should …
Oil price forecast for today: USCrude analysis 03.02.2023 Read More »
Ethereum is building impulse C, within which a sub-wave [3] is unfolding. Sub-waves (1)-(2)-(3)-(4) have been completed within wave [3]. Correction (4) has a horizontal internal structure and serves as a double three. Shortly, expect growth in the final sub-wave (5), which may rise to the level of 1872.00. A possible price movement is shown in the chart. Trading plan …
Wave [Y] is unfolding as a zigzag (A)-(B)-(C). Wave (A) is the leading diagonal, as sideways correction 4, which has the shape of a double three, went below the end of sub-wave 1. Shortly expect the development of the last sub-wave 5, the price of which may rise to the level of 0.470. A possible price …
The BTCUSD market continues to grow. The bulls will contribute to the growth of Bitcoin to the level of 24500.00, at which impulse (5) reach the Fibonacci level of 61.8% of the previous impulse sub-wave (3). Shortly, expect construction of sub-wave 5. A possible price movement is shown in the chart. In the current situation, consider opening long trades. …
EURUSD tested support (A) 1.0823 – 1.0812 yesterday. The short-term uptrend continues today. The upside target is the high of January 26. After the high is broken through, the next upside target will be Target Zone 1.0985 – 1.0964. It is relevant to hold up purchases entered at support (A). A part of the long position could …
Euro/Dollar forecast for today: EURUSD analysis 02.01.2023 Read More »
The gold price tested the zone of 1914 – 1892. Buy limit orders must have accumulated in this zone, and the price rose to level 1927. The short-term trend remains up, and the gold price should continue rising up to the high of January 26. If the high of January 26 is broken through, the next upside …
The oil short-term uptrend continues. The upside target is the high of January 23. The price tested the trend key support 77.42 – 76.89 yesterday. Following the key support test, buyers reacted, and the price went up at the end of the US session. The market should continue rising today. An alternative scenario suggests the price …
Oil price forecast for today: USCrude analysis 02.01.2023 Read More »
ETHUSD is developing an impulse wave. Impulse C, or rather its middle part, sub-wave [3], is currently unfolding within which sub-waves (1)-(2)-(3)-(4) have been completed. Correction (4) has a horizontal internal structure and serves as a double three. Soon, expect growth in the final sub-wave (5), which may rise to the price level of 1872.00. Trading plan for ETHUSD for today: …
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