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During the Asian trading session, the pound made smaller gains against the US dollar. Our obstacle is still the 1.22000 level, and the pair still holds slightly below. We are in a pullback for the second day in a row after Monday's attempt to climb above the 1.23000 level. For now, the pound has formed a new lower low and a new lower high. Based on that, we could...

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During Asian trading, the price of gold was in the range of $1760-1765, and during the European session, the price of gold continued to rise to the $1775 level. We must stay above the $1770 level to continue the bullish option. If we could do that, we would have a chance for a new bullish impulse. Potential higher targets are $1780 and $1790 levels. We need a...

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During the Asian trading session, the British pound strengthened against the US dollar. At the beginning of the European session, we saw a test of the 1.22000 level, and a break above the 1.22200 level happened soon after. The pound is up 0.41% since the start of last night's trading session. If his strengthening continues, a break above the previous week's high...

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Yesterday, the price of Ethereum rose sharply from $1000 to $1100. Today we have consolidation above $1200, and we can see gradual progress. Today's maximum is at the $1235 level. We are entering the critical zone because we already tried to climb above at the beginning of the month. The July high was at $1275 on July 8. If this positive consolidation continues,...

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The price of Ethereum recovered after falling to the $1000 level yesterday. A quick consolidation and bullish momentum pushed the price up to $1125. A new pullback and a return below $1100 are happening again, but now we have support at the $1060 level. If we manage to stay at this level, the price of Ethereum could once again be above $1100 today. After that, if...

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During the Asian trading session, the price of silver is in a strong bearish trend at $19.25. The current price is $18.62, representing a 3.00% decrease since the start of trading last night. A strong dollar affects all goods denominated in the US dollar. We are now looking for potential first support at the $18.50 level. And now, we will add two more potential...

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During the Asian trading session, the price of gold remains in a bearish embrace. South Korea and New Zealand raised their reference rates today. The rises in interest rates worldwide are the main reason for the drop in the price of precious metals. A 0.75% increase in the US in July looks like a real thing. The price of gold is trading around $1,728.5 per fine...

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For the fourth day, the price of Ethereum is in a bearish trend after climbing to the $1275 price. Over the weekend, the price dropped below the $1,200 price point and continued its pullback. We have today's support at the $1140 price, but the pressure is on to see a continuation of the decline to the $1100 support zone. If we do not find support here either, then...

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The price of silver continues its sideways movement in the $19.00-$19.50 range. During the Asian trading session, they were below the midpoint of $91.25. It could be said that the price of silver will retest the support at the $19.00 level. For a bearish option, we need a drop below $19.00; after that, we can expect a continuation of the bearish trend. Potential...

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This morning, the price of bitcoin managed to rise above $22,000 again after about 20 days. We did not stay above for long because a pullback to $21300 followed, where we find today's new support. The price of Bitcoin could further pull back to $21000. If fear reappears among traders, the price could fall to the psychological level of $20,000. For a bullish...

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The price of natural gas has been stable for two days and is in the range of $5.40-$5.60. We currently have support in the MA20 and MA50 moving averages, and now we need a break above $5.60 to try to continue the price recovery. Potential higher targets are $5.80 and $6.00 levels. We need a negative consolidation and a retest of the $5.40 level support for a...

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The price of gold fell by $50.00 yesterday, from $1810 to the $1760 level. During the Asian trading session, we saw a recovery to the $1770 level. But we did not stay there for long, and the price went down again to the previous low of $1760. We need a continuation of negative consolidation and a breakout below for a bearish option. Potential lower support targets...

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During yesterday's day, the euro fell to the 1.03900 level, increasing the pressure on this year's support zone. In mid-June, the euro had tested this support zone, from which it managed to consolidate and recover to the 1.06000 level. This morning during the Asian session, the euro consolidated above the 1.04500 level. Now we need a new positive consolidation in...

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During Asian trading, the British pound continues to stumble against the dollar. Disagreements with the EU over the post-Brexit status of Northern Ireland continue and undermine the credibility of the UK. The European Union has warned that it would be a violation of international law if the United Kingdom took unilateral action regarding the current agreement....

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During the Asian trading session, the gas price fell to $ 6.00, confirming support at that level. The price didn’t stay there long and began recovering to the current $ 6.24. We can expect to get support in MA20 and MA50 poker averages at this level. That would be a positive move that could push the price to the upper resistance zone at $ 6.60. For the price, it...

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The failure of the silver price to make a break above $ 22.00 at the beginning of the week started the bearish trend, which this morning formed a new lower low at $ 20.75. Early this morning, the price of silver broke the support to $ 21.00 and fell to $ 20.75. The pressure on the price is still very present on the chart, and we will likely see the continuation of...

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Since the price of silver failed to exceed $ 22.00 yesterday, a pullback followed, which formed a four-day lower low at $ 21.25. Since then, the price of silver has recovered to $ 21.45. We should be at $ 21.50 soon, where we come to moving averages, and we need a break above to return to the positive zone. Our targets are $ 21.60, $ 21.75 and $ 22.00 resistance...

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During the Asian trading session, the price of oil fell from $ 110.00 to $ 103.25. Fear of the recession and the lower oil demand knock down the price of oil. Tomorrow, US President Biden is expected to meet with seven executive directors of the largest oil companies. It is rumored that some unconventional non-market measure will likely be introduced to curb the...