After the 97 level appeared in DXY, I mentioned the possibility of 102. We are back to the 100s. The increases up to the 102 - 103 range are the technical correction of the decline. There is no change in my general strategy, sell DXY, buy everything else continues. With the main target, there are 86 - 82 under the 90 dollar level in the first stage.
After the sharp decrease in Nasdaq, the sharp increase continues. We are approaching important resistances. It will open up with the gap with the news coming this weekend. As long as it technically remains above 19300, short-term buy positions can be carried. If 19300 is broken, a technical correction of the increase can be expected, which corresponds to the figure of 18500. In the medium term, as long as it remains above 17500, I continue to read all decreases as buy. The resistance that needs to be broken in the short term is the 21000 level, above it will open up to 23000 and 25000. As the charts change, basic indicators and conjuncture can change rapidly with news and data. V-type return usually targets the old peak.
It is not healthy for Dax to go up without making a short correction. I can give the following answer to the question of when to buy, it left gaps below. It is not mandatory to fill the gaps, but if technical corrections occur from time to time, it depends on the size of the movement. It can go to the level of 24500 - 25500 and then take these gaps back. Therefore, those who open blind sell shots should be careful. A movement of 27000 - 30000 may be seen in the medium term.
One of the strange questions I have heard recently for ounce gold is whether gold will fall if the US reaches an agreement or if the war ends. It is necessary to clarify this, yes, it may have partial effects, but the central banks continue to buy gold and the impression is that they will. The correction level of gold without central banks selling is a maximum of 15 - 20%. This corresponds to levels around 2700. Of course, we should first fall to 3150, which is 10%. On the commodity side, there is a bottom for the bottom and a top for the top. I do not expect a clear deep correction without breaking the 3150 level. In the medium term, every deep decline above the 2700 level will be met with purchases. If central banks continue to buy, this business can progress to $ 4000.
The technical appearance of ounce silver is a big bull flag. The lower band is 28.50, the upper band is 35, we continue to fluctuate between these two levels. Buy declines up to 28.50 (as long as 27 is not broken). Close continues as we approach the 35 level. The level that should be followed carefully here is that buyers will accelerate above 35.50. In the medium term, every decline continues to be a purchase. We will reach the 50+ dollar level this year.
With the technical formation working in Bitcoin and the positive atmosphere in the world, we reached the 104 level. Since the movement is very fast, a horizontal and short decline may appear for a while. The 98 - 96 range is support. Relaxation up to here is normal. After the technical correction horizontalization is over, the first target is the 125 - 135 range and then the 150 - 180 band. We may encounter coin-based and ethereum-based rises during this correction process.
In the recent movements in Btc dominance, candlestick formations that engulfed the rise occurred. Technically, 61 is an important support. The declines will continue until there and will be a little horizontal. The level that will really pull the bull cartridge is below 57. When we go below 57, we will witness serious sharp increases. It was very easy to wait in loss and make additions. The real issue is being able to wait in profit. We will learn by experience which of us will have the psychology to withstand the sudden 50% decrease when the product in hand goes up and then suddenly make 400 - 500% from that level after 2 - 3 weeks.
In Ethereum, the 2700 - 2800 region is a candidate region for some rest. As I mentioned before, we should have started in May, we started. Technical formations are no longer important, after the correction of 2700 - 2800 for Ethereum, I expect positive news from the Blackrock, SEC, staking triangle, which will quickly break the old ATH level and target the 5600 - 6000 range.
After a while of zig-zag movement, Brent oil's new band is the $50 - $60 range. Every rise continues to be a selling opportunity. The main target is $40 in the medium term.
In Eur / Usd, the 1.09 - 1.11 range is the correction zone of the rise, declines up to here can be tolerated. As long as the main support remains above this level around 1.07, we will talk about the 1.20 figure.
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