Analysis

Yesterday, euro traders broke out the Target Zone 3 1.0608 – 1.0589. As a result, the price reached the Gold Zone 3 1.0512 – 1.0503. After that, the price corrected in the Additional Zone 1.0567 – 1.0562. Today, yesterday’s low has been updated. Thus, the Additional Zone 1.0567 – 1.0562 worked out. At the moment, […]

The short-term gold downtrend continued yesterday. As a result, the local low was updated. The Gold Zone 1890 – 1886 was tested again but unsuccessfully. The price at the American trading session closed within the support. The market opened lower today. Sellers are trying to consolidate the price below the Gold Zone. If they succeed,

Yesterday oil tested the Additional Zone 100.27 – 100.05. The AZ serves as a strong support in which it is possible to look for purchases within a short-term uptrend. To enter purchases, wait for the corresponding pattern. The first target is yesterday’s high. The second target is the Target Zone 104.66 – 103.79. If the

The ETHUSD market is building a zigzag pattern, within which impulse [A] and bullish correction [B] have been completed. The initial part of a new impulse wave consisting of sub-waves (1)-(2)-(3)-(4)-(5) is unfolding. Recently, the price rose slightly within the correction (2) and then started to decline again. Now the sub-wave (3) is developing. It

The XRPUSD market is building an actionary wave [Y] as a bearish double zigzag (W)-(X)-(Y). Wave [Y] is part of a large triple zigzag. The development of the actionary wave (W) as a bearish double zigzag W-X-Y has come to an end. Thus, an upward price movement is soon expected within the linking wave (X).

Bitcoin is developing a bearish double zigzag. The BTC market has completed two sub-waves [W]-[X] in the form of simple zigzags. Now the initial part of the bearish wave is unfolding as an impulse (1)-(2)-(3)-(4)-(5). The bullish correction (2) has recently come to an end. Now there is a decrease in the sub-wave (3), which will end

EURUSD continues to fall. As part of a short-term downtrend, the Target Zone 3 1.0608 – 1.0589 was reached today. If this zone is broken out, the next sales target will be the Gold Zone 3 1.0512 – 1.0503. So far, traders have not managed to break out the Target Zone 3. Therefore, expect a

The gold price is trading in a correction to a short-term downtrend. Yesterday, the Additional Zone 1911 – 1909 was tested. This caused a slight price drop. However, the price has not yet reached the main target for sales, the April 25 low. In this regard, continue selling the precious metal today. If the Additional

The short-term oil trend reversed up. Yesterday, the Intermediary Zone 99.85 – 99.41 was broken out. Now the target for purchases is the upper Target Zone 104.66 – 103.79. It is profitable to look for purchases on correction at strong support levels, Additional Zone 100.27 – 100.05 and Intermediary Zone 98.08 – 97.65. If, within the

The Ethereum hourly timeframe shows that the market is building a zigzag pattern, within which impulse [A] and bullish correction [B] has been completed. The initial part of a new impulse wave consisting of sub-waves (1)-(2)-(3)-(4)-(5) is currently unfolding. The price was recently corrected within sub-wave (2) and started to decline again. Possibly, the sub-wave