Euro - dollar parity is in a calm course at 1.0956. It continues to be protected in the horizontal narrow band range. Because there is important data today. Inflation data will be announced in America. Until today's data, this calm and boring pricing continues in the money markets. I had a prediction that we would see upward movements in assets against the dollar after Thursday. The day has come. After the inflation data in America is announced today, we will see a new trend, a new pricing in prices. I would like to state that I expect upward movements in the Euro - dollar parity. The target is 1.11 at euro-dollar parity. Therefore, it is useful to consider the figures below 1.10 as a buying opportunity. Euro continues to maintain its positive trend against the dollar.
An ounce of gold is at the 2025 dollar level. I stated that I would follow the 2020 - 2070 dollar range this week. This opinion of mine is valid and it continues to fluctuate within this band range. It's stuck in the narrow band gap. An ounce of gold is stuck in the 2020 - 2040 dollar range. It will set a new trend for itself after today's US inflation data. Since my expectation regarding the $2020 support level has been met, I now focus on the resistance level and continue to wait for the $2070 level. I will continue to view declines as a buying opportunity. It seems a bit difficult to close below the 2020 dollar level right now. After the inflation data in America is announced, there are resistance levels above 2038 - 2057 dollars. I will follow these resistance levels.
The ounce price of silver is at $22.84. So that $22.80 support level is working. But I expect a rise targeting the $24 level in upward movements. I don't think the declines will be permanent.
We saw sharp movements on the Bitcoin side. Unfortunately, when there was such a rise, everyone fell for the news flows. These news feeds are usually fake, paid news feeds. Especially those who trade in the cryptocurrency market should be careful. We have a manipulation market before us. This market is constantly manipulated with false news and claims. Currently, it is at 45410 dollars with 3% sellers. Focus on wide bandwidth in Bitcoin. Focus on the $38000 -$48000 range. Because there is a manipulation market and pricing, we cannot talk about either decreases or increases here. It continues to operate in a purely perceptual pricing manner. The broad band range I follow is between 38000 - 48000 dollars. If you look at it, it's 48000 dollars. What will they do when this place is seen? They will withdraw their prices harshly under any excuse. That's why you shouldn't be too assertive. So this this bull market has started. I personally do not agree with the thoughts that it has started an upward trend. Manipulation pricing here still continues.
Sterling - dollar parity is at 1.72. I continue to wait for the 1.32 level for this year. Sterling remains cheap in my opinion.
Dollar index is at 102 level. After trying 102.80 in the dollar index, there will be another attempt at 101.80. I would like to state that I expect a decline in the dollar index after today's inflation data. Money markets are generally in poor taste. There is a tense wait. Because this week focused on today's American inflation data, the markets are stuck in a narrow band range. American inflation data is expected. After that, there is no development on the geopolitical tension side of pricing. There is currently no development that will negatively affect global markets. That's why we all see that there is no excitement in the money markets. After the inflation data in America was announced today, another comment is needed.
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