The Nasdaq chart, which has been performing excellently for three months, still offers buy-sell opportunities. Buy as the channel bottom approaches, sell when it rises. Technically, the level I will be monitoring is 24,000. Below this level, 23,000 could quickly emerge. In another scenario, the zigzag trend continues until the end of the year, reaching 26,500. In the long term, unless 21,000 is broken, the target is $30,000 and $32,000. Any deep decline above 21,000 is a buy option.
The DAX chart continues to move within the same horizontal channel. 23,500 at the bottom and 25,000 at the top are wide bands for short trades. If 23,500 is broken, the 22,500 level becomes a concern. Technically, the band remains open, and if 25,000 is broken, a move to 27,000-30,000 could occur.
Bitcoin has been trading within an ascending channel for a long time. The channel's upper band is at 150,000, and the bottom is at 98,000. A period of sideways movement is expected following the recent flash crash sell-off. Once the candle fills, it will resume its movement. Persistence above 124,000 and 129,000 will quickly lead to the 145,000 target. A problematic market awaits below 98,000.
Ethereum's fourth breakout, but the price couldn't hold its position and was subjected to a sharp sell-off.
A zigzagging period (12-17 days) is likely, followed by a break above 4,800, and a gradual movement towards 6,000-7,500. I maintain my medium-term target of 10,000-12,000. If Nasdaq tokenization is brought forward early, the 15,000 level could be on the agenda.
After the gold formation targets are completed, there's a 65% chance the price will enter a sideways, corrective cycle for a while (4-6 months). The figure I'll be paying close attention to here is 4180. Closing below this level could deepen selling pressure, leading to sharp and sudden declines down to the 3980 to 3850 range. Alternatively, if 4180 isn't broken, resistance at 4375 at the top opens the door to 5000.
Silver has broken through the $50 barrier for the third time in a long history. While there's a technical possibility of a 15-20% correction, the door to $70-80 is now open. I previously stated that I closed 75% of my gold positions and switched to silver. Since then, gold has risen 30%, and silver 50%.
Brent crude oil has shown occasional reactions in light of geopolitical risks, but technically it has established a new range. A range of $50 at the bottom and $70 at the top is considered healthy for the global economy. I don't open a buy position; on the contrary, I respond to significant price fluctuations with gradual sell-offs. In the long term, a level below $50 could trigger another oil shock. Those chasing buys should avoid closing below 50.
The DXY is stuck at the channel bottom and remains sideways. While the 100 barrier remains above, expectations of a rate cut continue to pull the price down. Unless it remains above $104 in the short term, $90 is the short target. In the medium term, the DXY sell strategy continues, and my primary target price expectation is $80.
The EUR-USD remained sideways for a while after a rapid move from 1.17 to 1.19. 1.15 remains a key short support level. As long as this level remains intact, the short target is 1.23. In the medium term, as long as we remain above 1.10 (net stop-loss of 1.10), the target is 1.40.
The devaluation in the USD-JPY following the presidential election has calmed somewhat. When the government dismissed the incoming president's easing rhetoric, the interest rate hike process returned to the agenda. After some more zigzagging, the JPY side will finally get what it wants.
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