BITCOIN/USD (future CME) Forecast
BITCOIN/USD reached 9840$ on 3rd May. Now sliding down to 8600/8550$. Position: long: hold for 9530$ (next target: 10080$) enter half position long at 7000/6950$ stop if weekly close< 6500
GBP/USD
Cable is sliding down, next target: 1.3465/1.3435; then 1.3360/1.3325. Rebounds: 1.3530 (next 1.3690/1.3720). Our clients are SHORT (intermediate) from 1.4250/1.4350 and are now closing half position (at 1.35/1.34 area) Are you interested in our forecasts on FOREX and COMMODITIES? (short/medium term): contact us! we are just a …mail away!
DAX INDEX
Dax closed friday 22nd sept at 12590. Elections in progress. Forecast: sideways 12800/12300 area, higher volatility. Prices will move irregularly to reach: 12770 (sell) 12440 12410/12310 area (possibility to drop to 12220/12020-11920) Weekly support: 12100, main support: 11900 Further details, information, operative strategies available on request.
EURO/USD: what’s next
Targets: 1.2030, further at 1.2220 area. Retracements down to 1.1770/1.1740 and 1.1470/1.1370. Weekly support: 1.13 Long positions will be closed on targets: 1.2030 (for 3/4) then 1.2220 Short: half position at 1.2030, adding further half position at 1.2220 stop above 1.2330 weekly close; profits on targets: 1.1930, 1.1770/1.1740 (then trailing stop) Pls note…
BITCOIN Vs Euro
Bitcoin/Euro reached 4185 on 3rd sept, then moved down to 3568. We forecast irregular action in range 4200/3000 for next few days. Another move up to 4000/4200 is needed. Retracements will bring prices down to 3350/ and 3200/3100. To obtain targets and forecast on larger movements plus updates please go to our Cryptocurrencies report.