Crude Oil The situation on the chart is very interesting as both the technical analysis and the volume analysis indicate a possible rebound in the upcoming trading sessions. The first image shows a graph with trend lines. Currently, the price is close to the borderline, it is support and trendline.Continue Reading
DAX30 During yesterday’s session there was a long-awaited breakthrough of support with high intensity. The US session pushed up the course to the designated support which then became resistance and apparently was not broken. The price has moved further downwards and thanks to this we have a chance for OverBalanceContinue Reading
BitCoin After the cryptocurrency chart, we can see that the earlier consolidation was collecting short positions. But even until now, it is not clear whether the price will continue to fall because we stopped at support that was not pushed by sellers. This means that there was no desire toContinue Reading
NZDJPY After long gains, we can now observe an arc that appeared at the top of the candlestick chart. Additionally, the factor of a quick reaction to new Covid infections which should (at least seemingly) strengthen New Zealand, it turns out that it weakens the State in the eyes ofContinue Reading
The dollar is clearly gaining strength with each passing week. In the discussed currency pair, we see that the price has approached the resistance that was set from the 2004 and 2005 periods. Later, the price also respected him, but with less accuracy. In the circle I marked the placeContinue Reading
EURUSD Yesterday’s plan was not implemented because the price did not give a signal for a rebound. After breaking the local low, investors continued to push the price lower and lower, allowing only to join the speeding train. The price eventually stopped at the support level, but I often sayContinue Reading
ETHEREUM Same situation as yesterday’s BitCoin. The volume is lower and lower, the price jumps weaker and weaker so we can expect a strong move soon. Unfortunately, I am not able to predict which way because the volume itself does not indicate it. The factor that can push the rateContinue Reading
DAX30 From the very morning we have a downward trend on the German index. If the trend continues, I will aim short at least to support. Yesterday the plan did not work out because each position was closed to zero. Currently, long positions will start building when the price exceedsContinue Reading
EURUSD The currency of Europe is in the upward correction phase and is likely to strengthen in the coming week. Data promise to be optimistic and the chart shows the first rebound from support from April this year. The marked place with a circle is where the price can reach,Continue Reading
DAX30 Daily R3 – 16140Daily R2 – 16080Daily R1 – 16030PP – 15900Daily S1 – 15930Daily S2 – 15880Daily S3 – 15820 After a strong move on the German Index, we would expect a correction to the last highs. Probably each of you thinks about it, that’s why I haveContinue Reading
