My Thoughts on Current Markets-256


With positive news in Nasdaq, my expectation of 21500 level was realized very quickly. After the week ended, the US rating outlook was downgraded. It will have some negative impact. Technically, we need to look at 2 scenarios. We left a 1-week gap below, we will close it. But will it be this week or after the new peak movement? Falls to 20500 are suitable for technical correction. However, the indexes may not be news-driven. We have a fed meeting and a Trump who calls for a rate cut ahead. Even if we fall to 20500 this week, I think the positivity will continue and the 23000 movement will come soon. If my medium-term target price expectation of 25000 - 27000 is exaggerated, figures of 30000 may appear.

With the Asian market entering the European market, both the euro and the dax gained serious premium. Looking for a sell at the new ath level is just suicide. The movements should be expected to slow down, a little correction and reaching 22500 from there to 25000 will be both healthy and satisfactory for the rise.

The 3150 movement has been completed in the short term in ounce gold. There will be a reaction increase again this week. However, for this to turn into a trend, we need to see at least 2 days of closing above 3320. If we cannot progress after the 3300 trial, it will open space for a decrease down to 3050. I maintain my positivity in the medium term. As long as it remains above 2700, I expect the target price to be 4000.

The horizontal up-down movement continues in ounce silver. There is a channel movement in the short, if the 31.20 channel bottom comes there, I can open an additional position. $35.00 should be passed for the movement to open up. Then we will see a silver that seems like it will never fall.
I expect the movement to start in June at the latest. The medium-term target price is $50+. As long as it remains above 28, every decrease is a buy.

Eur / Usd entered a short-term downtrend again with Dxy's reaction. My expectation is that 1.1350 will be watched after the zigzags are over, if it is exceeded, it is a harbinger of 1.20.

The same chart in DXY since last week, 103 - 104 increases are technical corrections. Every exit continues to be a selling opportunity. The main target is the 94 - 92 range, I expect 82s in the longer term.

There is no change in the Usd / Jpy chart. As long as 152 is not exceeded, the area is open up to 135s.

If there is no extreme increase in Brent oil thanks to the Opec meetings, the price will want the $ 50 level.

It broke the rising channel support by breaking from new peaks in BTC dominance. We are in the re-test section again. If we cannot go up, the direction is open to the 60 - 58 range below. I expect a break within 2 weeks. We have reached the 104000 level in Bitcoin. If you knock on the door enough, it will open. It would be healthy for a small correction. If we are roughly above 95000, the movement will quickly ask for 127000 - 135000 dollars.

The appearance in Ethereum continues as a bull flag. They may make some moves in this last movement. As long as we stay above 2200, we will go to the 3500 - 3700 range. This will carry altcoins 3x - 4x higher from here. Below 2200 may lead to a hold again.

The information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy services are provided within the framework of the investment consultancy agreement to be signed between brokerage firms, portfolio management companies, banks that do not accept deposits and customers. The comments in this article are only my personal comments and these comments may not be appropriate for your financial situation and risk return. For this reason, investments should not be made based on the information and comments in my articles.

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