TECNICAL ANALYSIS Wave B has to be 3 waves. The correction movement after 48k will tell us the next direction of the price. Wave B has to be 3 waves. The correction movement after 48k will tell us the next direction of the price. MACROECONOMY Last week, US data was good on employment and unemployment. The market has an overly optimistic interest rate cut...
TECNICAL ANALYSIS There is a possibility that the price will hit the 48k level hard. The rise may continue this week because last week's price close was very positive. An other senario; price can move to 65k with 5-EW MACROECONOMY Last week, US data was good on employment and unemployment. The market has an overly optimistic interest rate cut expectation. There...
TECHNICAL ANALYSIS It looks more like a quasimodo formation than a head and shoulders formation. This formation can also be interpreted as ABCD. We can see price fall sharphly to down. MACROECONOMY Investors are confused due to the excessive increase in deposit interest. The new economic program and the statements indicate that a harsh monetary tightening will...
TECNICAL ANALYSIS October candlestick close lower than september. I think five elliot wave is complated. I am publishing three chart please check an other analysis. MACROECONOMY Investors are confused due to the excessive increase in deposit interest. The new economic program and the statements indicate that a harsh monetary tightening will be implemented after...
TECNICAL ANALYSIS Last 8 week candle is corection wave because candlestick momentum is very low. I am publishing three chart please check an other analysis. MACROECONOMY Investors are confused due to the excessive increase in deposit interest. The new economic program and the statements indicate that a harsh monetary tightening will be implemented after the local...
SUMMARIZE The US economy is strong, the Fed will not cut interest rates or continue with its tight monetary policy. Besides, when interest rate hikes are suspended in the Euro zone, we will see sharp downward movements in Euro/Usd.
The price has reached the support level at the $1900 level with the lower trend support. Price found reaction from support. If the price continues to rise up to the downtrend line, the target may be $2000.
‼️I'm waiting for a go down from 32k level. US growth data came in very well. The Fed's tight monetary policy will not loosen this year. It looks like there is no rate cut this year.
First target 3,20 **A government was formed with new ministers in Turkey.
USOIL is unlikely to drop below $65-60. I expect a rise towards the 100-$110 band. Then, with the onset of recession, we can see sharp decreases.
we can see just like that. It will be uploaded after some play below the $2070 level. In the long term, it can rise up to $2200. After the maximum $2500, we can see a corrective move.
When we examine the price chart on a daily basis; Between 24-25k level can be considered as a buying zone. If it falls below this level, the price may continue to fall in the downward direction.
When we examine the price chart on a weekly basis; There was a very sharp rise from the 22k level. It is a little difficult for the price to break this level downwards. Even if the price rises to the 32k level, I think it will drop again.(18k level is critical.)