August 22th
XAUUSD Sell position
Support levels: 1729 – 1711
Resistance levels: 1753 – 1771
#SP500 Sell position
Support levels: 4175– 4139
Resistance levels: 4229 – 4271
XAUUSD Sell position
Support levels: 1729 – 1711
Resistance levels: 1753 – 1771
#SP500 Sell position
Support levels: 4175– 4139
Resistance levels: 4229 – 4271
#btc 📉Bitcoin fell under strong sales in recent days and showed a correction to the middle border of the Bollinger Bands indicator, which can be used to open sell positions in anticipation of the downtrend continuation.
👉Investment idea: sell limit BTCUSD 21615, take profit 20549.
👉Investment idea: sell limit BTCUSD 21615, take profit 20549.
#atomusdt Short to 9.4- 9.5
#FOREX #EURUSD
Euro parity again.
The infographic that I am attaching to the quotes shows that the main reason for high inflation in Europe is high energy prices (black line), which is why consumer prices subsequently rise (blue line).
Soon the ECB will raise its key rate, thus demonstrating its intention to fight the already almost double-digit inflation.
However, any competent economist understands that this will only push Europe into recession (decline in consumer demand) and lead to the collapse of the Eurozone, since the energy problem is primarily a political aspect, not a monetary one.
The countdown for old Europe is already underway, and the clowns in the governing bodies of the ECB and EU parliaments are only accelerating this process.
Technically, today we again saw the parity of the dollar and the euro. Locally, it is possible that a double bottom is formed on the pair from the global Gann angle.
The magnet in the red zone ~ 1.04000 is quite strong, so there is a rather big chance to see an increase to these levels.
Otherwise, I am still an apologist for the departure of the euro well below parity in the medium term.
The first medium-term target zone is the blue Gann angle ~ 0.97000
After that, I assume that the actual collapse of the Eurozone will begin and acceleration will go to levels much lower. Next - the splitting of the euro as a currency.
*This post is not an investment or trading recommendation
Euro parity again.
The infographic that I am attaching to the quotes shows that the main reason for high inflation in Europe is high energy prices (black line), which is why consumer prices subsequently rise (blue line).
Soon the ECB will raise its key rate, thus demonstrating its intention to fight the already almost double-digit inflation.
However, any competent economist understands that this will only push Europe into recession (decline in consumer demand) and lead to the collapse of the Eurozone, since the energy problem is primarily a political aspect, not a monetary one.
The countdown for old Europe is already underway, and the clowns in the governing bodies of the ECB and EU parliaments are only accelerating this process.
Technically, today we again saw the parity of the dollar and the euro. Locally, it is possible that a double bottom is formed on the pair from the global Gann angle.
The magnet in the red zone ~ 1.04000 is quite strong, so there is a rather big chance to see an increase to these levels.
Otherwise, I am still an apologist for the departure of the euro well below parity in the medium term.
The first medium-term target zone is the blue Gann angle ~ 0.97000
After that, I assume that the actual collapse of the Eurozone will begin and acceleration will go to levels much lower. Next - the splitting of the euro as a currency.
*This post is not an investment or trading recommendation