As long as we stay above 5100 in S&P 500, 6200 and 6800 targets are valid in the short term. Recession possibilities below 5100 are discussed.
I was expecting a correction up to Nasdaq 17800 level. But it was limited to 18200 and made a new ATH. Around 18500 is support. He wants 20000 for every day he stays on it. Longer term target is 23000.
DAX is making an extra formation within the ascending channel. The number 18000 is an important support, as long as it stays above 20000 is the target.
Brent continues its decline from where it left off. Even though we see occasional reactions, every rise will result in selling before the 85 level is exceeded. The main target price expectation is $60.
Ounce gold China news and good US TDI data and temporal changes in interest rate cut expectations brought the price to the support zone. Below 2300 the chart may become temporally distorted. There are supports at 2260 - 2180, relaxations up to this point are met by demand. If 2300 is not broken and turns up again, our first level will be 2590 above 2380. Any decline on the ounce side above 2000 is a buying opportunity. The main target is 3000 dollars in 2025.
Technically speaking, ounce silver faced sales from the 32 - 33 resistance zone. I was expecting from the 34 - 35 region. If the product with high volatility at the 28 main support position can exceed $ 31 again, the next stop will be 35 - 36. The 2025 target expectation price is 50 dollars.
There is no technical disruption in Bitcoin. But altcoins react harshly to every sudden sale. If we can exceed the 72500 level, the third wave of rise in altcoins will begin. Take note of the bottom prices of your altcoins in the 75000 - 57000 correction. We'll see where we are during the bull season. For technical breakdown it must fall below 57000. Then we can talk about drastic corrections. In the other scenario, the expectation of 100000 in August continues. The target price expectation for 2025 is between 150000 - 180000.
Eur - USD corrected after technically hitting resistance. It will remain a correction unless it drops below 1.07. If it is above 1.09, I expect 1.10 to be exceeded permanently.
Gbp - Usd had difficulty passing the main resistance of 1.2850. If the level of 1.26 is short and 1.2850 is tried again, we will talk about 1.34.
There is no change in the USD -Jpy chart. Fluctuation continues between these levels: 158.5 at the top and 152.5 at the bottom. Unless it settles above 160, I expect the band movement to continue for a while and break down.
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