Aleksandar_Aleksin

Aleksandar_Aleksin Updated 

The question is where the dollar will stop after falling below the consolidation 104.00-104.60. By setting the Fibonacci on the chart, we see that the previous pullback was up to 50.0% of the level, followed by a bearish continuation and a break below the previous low at 104.85. This led to a drop to the 104.00 level, followed by a consolidation, a breakout below...

Aleksandar_Aleksin Updated 

AUDUSD is forming a Falling Wedge; we see a break above the upper line of this pattern. Now, we expect to see a continuation of the bullish option and a jump to a new high. Targets are 0.65430, 0.65650 and 0.66000.

Aleksandar_Aleksin Updated 

Consolidation and breakout above, then consolidation and breakout above. It is expected that we will see a new bullish impulse and continued growth of the EURUSD. Potential higher targets are 1.09500 and 1.10000 levels.

Aleksandar_Aleksin

EURAUD and setup for short option. Above, we have resistance around 1,68000; after that, a lower high was formed at the beginning of the day. We are now testing the previous low and expecting a breakout below and the formation of a new lower low. Additional confirmation of the short option is the fall below the EMA50-4h and below the trend line. This is my take...

Aleksandar_Aleksin

WCUUSD is another way we can track the strength of the dollar. As we can see, WCUUSD is in a pullback, and the target is the 61.8% Fibonacci level, the same as in the previous pullbacks. Based on this, we could expect the dollar to continue retreating in the coming week or until the end of the month.

Aleksandar_Aleksin Updated 

EURUSD finds support at the 1.06600 level along with the EMA50 moving average. Today we see a break above the upper trend line, which we interpret as positive and we can expect a rise to the 1.07500 level.

Aleksandar_Aleksin Updated 

Today and tomorrow, we can expect AUDUSD to recover to the previous zone of 0.64000-0.64200.

Aleksandar_Aleksin Updated 

For now, we have resistance at the 50.0% Fibonacci level and the formation of a lower high for the dollar index. On the lower side, we have solid support in the zone around the 38.2% level, and we need a break below it in order to start a further pullback and form a new lower low.

Aleksandar_Aleksin Updated 

The dollar forms a new low at the 104.00 level, after which we see a bullish consolidation that triggers the dollar's recovery. Target is 104.80-105.00 range, around 50.0% Fibonacci.

Aleksandar_Aleksin Updated 

Bitcoin is encountering resistance in the upper line of the rising channel on the daily time frame chart. The price began to pull back after the formation of a new high at the $37978 level. Looking at the previous movement in this channel and the depth of the previous pullbacks, we can conclude that we are in for another drop in the price of Bitcoin before we...

Aleksandar_Aleksin Updated 

EURNZD has good potential to continue on the bullish side. The first target is the zone around 1.82500 levels. We have good support in the EMA50-4h moving average, and we can expect a break above and the formation of a new EURNZD high.

Aleksandar_Aleksin

The price of gold could easily continue its retreat, and our target is the $1886-$1910 range, between 50.0% and 61.8% of the Fibonacci levels. We now need a break below the 38.2% Fibonacci level to trigger a continuation of the gold price decline.

Aleksandar_Aleksin

EURUSD is in a good position to continue its recovery and move above the 1.0800 level. For now, we have resistance at the 38.2% Fibonacci level and need a break above it. The next target is 50.0% Fibonacci at 1.08650. Good next consolidation above 50,0%, EURUSD could try to reach 61.8% Fibonacci at the 1.09620 level.

Aleksandar_Aleksin Updated 

The current question is whether Bitcoin has the strength to break through the $36,000 level. If it succeeds in that intention, we move to the $36,000-$42,000 range; otherwise, we retreat to the $28,000-$32,000 range.

Aleksandar_Aleksin Updated 

EURUSD remains under pressure below the 1.06000 level and below the 38.2% Fibonacci. This could influence us to continue the decline first to 1.02000 and then a possible test of the 1.0000 level. This Wednesday, the Fed will announce the decision on the future interest rate, and the expectation is that the interest rate will remain as before. This could cause the...

Aleksandar_Aleksin Updated 

EURCHF has a new opportunity today to start an uptrend. We need first a break above the falling trend line and then a bullish impulse that would push the pair to the 0.95500 level. Thus, we would make a new high and have room for consolidation and the formation of a higher low, the starting point of the next bullish impulse.

Aleksandar_Aleksin

The price of natural gas is at the beginning of a new bullish trend, and we could expect to see the price rise above the $4.00 level. A breakthrough above $4.00 opens up the next Fibonacci levels as the next targets of this bullish consolidation.

Aleksandar_Aleksin

Looking at the chart of the JPY index, we can conclude that there has been a slowdown in the decline over the past three months. We see the potential formation of a falling wedge pattern, and we need a break above the upper line to confirm the continuation of the JPY index to the bullish side. The movement range of the JPY index is getting narrower, and we can...