Euro - Dollar parity was at 1.0592 yesterday. I will follow the 1.0650 resistance. There is resistance at 1.0720 above. I will follow these places.
We saw a significant increase in ounce gold this week. I have often stated that the band gap we will follow is the 1880 resistance. The 1980 dollar resistance was tested, but I stated that I expected a retreat from the 1980 dollar level to the 1930 or 1880 dollar level. The 1997 dollar level was tested. Now it continues to struggle to stay above the 1980 dollar level. However, in my article this week, I said that if the 1980 dollar level persists, there is a 2010 dollar level above. I also had warnings that it might want to touch the 2010 dollar level. However, I continue to expect the 1930 - 1880 dollar level in the ounce price of gold in the short term. I can say that we will see an increase in upward movements in ounce gold, up to the level of 2057 - 2070 dollars or up to the level of 2090 dollars.
The ounce price of silver was at $23.36 yesterday. I specifically talked about the $24 level in my article this week. Again, although the 24 dollar level was on my radar, the target level of silver's ounce price was 23.80 dollars and 23.70 dollars was seen yesterday. We saw profit selling again from here. There is now a support level at $22.80. There is a resistance level of 23.80 above. I will follow the 22.80 - 23.80 band range. However, with the decline I foresee in the ratio, the ounce price of silver may diverge slightly more positively compared to gold. That's why I continue to wait for $24 and above.
Especially this week, I have often expressed to those in the cryptocurrency market that their withdrawal will be partially limited, but they may face the $ 30 - 31,000 level. The $30,000 level was seen on Monday. Yesterday, on the last trading day of the week, we saw an increase on the Bitcoin side up to $ 30,265. It is currently at $29,436. I will continue to expect such upward movements in the cryptocurrency market until the end of the year.
Especially the increases in oil prices were also very striking. Again, there is an oil price above the $90 level. It is currently at $92. I think it wants to settle in the $90 - $95 range. The band range I followed before was 80 - 85 dollars. Oil prices may continue to hover around the $90 - $95 range. However, with the start of the ground operation and the blood and tears increasing again, it will be possible for us to see an oil price above 100 dollars.
The dollar index was at the level of 106 dollars yesterday. Here I was waiting for the 104.50 support level. This prediction is still valid. A retreat in the dollar index may be possible up to the level of $ 104.50. This week, FED Chairman Powell made statements again. Even though he made statements in a hawkish tone, he slowly began to confess the facts. He gave signals that he would skip the upcoming meeting. In fact, a new pricing has started here as the markets see the possibility of an interest rate increase until the end of this year as low.
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