g2rafael

g2rafael

we can potentially expect a reaction higher from this level in the DAX towards 13300 13400 level. A correction downwards in usd index will support this idea as well. Watch for tomorrow's CPI data also

g2rafael

This pair is not yet ready to rally missing one more push down before the next bullish cycle. It may consolidate few more days here but anytime from next week will start collapsing. Target will be 0.70 at minimum ore in extension could reach 0.66 0.68 area. This is only for educational purposes only.

g2rafael

Entering the month this pair is ready to sell. After reaching the extreme area a correction at minimum should be happening entering the month. Targeting 1.618 extension area or 100%. This is only for educational purposes only.

g2rafael

USDCHF has been one USD pair that has been lagging showing a clear bullish structure and clear on monthly RSI as well. Expect from next week to start seeing a big rally towards 96 98 area. This is only for educational purposes only.

g2rafael Updated 

After extending one more time the pair should be ready anytime to start the down move. Expect this one to correct deeper towards 116 - 117 as a target. This is only for educational purposes only.

g2rafael

Based on recent market movement we can see that the Yen is at an extreme area along side with the dollar missing another push higher we can speculate that possibly we will be risk off in the market for the next 4 to 6 weeks or so. Based on the structure that the S&P has made it is very likely to see it dropping towards 4000 area. This is only for educational...

g2rafael

Very technical market here GBPJPY has over extended reaching it's wedge line target area. We can expect to see a big correction of around 1000pips here over the next month. This is only for educational purposes only.

g2rafael

USDJPY has been trending upwards for the last 14 months and has reached an extreme market area. Under these overextended moves, can now expect a pullback at minimum targeting 50 to 70% retracement from the last impulse leg. This is only for educational purposes only.

g2rafael Updated 

Heading into this week's of trading we should see yen pulling back while us dollar pushing up as well. This will create a risk off environment in the market. This pair has a high probability of pulling back from tomorrow and then give us a small push up and from there it needs to breakdown massively for a deeper correction. Possibly doing an A-B-C flat...

g2rafael

This market is creating a fat correction to complete ABC but it is possible to change structures in the near future. Yen has been very weak leading this pair to break the top from January the 4th. Now the path has 2 possibilities. One is we start going down directly from current levels and number 2 scenario is that is gets one sharp down today and Monday and one...

g2rafael

As from my previous forecast from the start of January it was expected to see a bigger correction in this pair. So far it is clear that wave A has completed and now we are in the process of completing wave B as well. Any time from now the wave B can be completed. It may go up few more pips at worst. Wave C should reach towards 120 121 levels from the data we...

g2rafael

The path of Bitcoin has changed due to the dollar which is not ready to drop yet, has brought the entire crypto market down with it in the last couple of weeks. Now from next month expecting the market to consolidate downwards to reach the 32k area and from there give us a rally to take the top and possible reach 80 85k area next before correction. This is only...

g2rafael

It seems to me that this pair is trading within this wedge formation. I do expect a fall for the next few days/weeks and then a bounce. If it manages to rally longer term towards 163 164 then this wedge could be confirmed and then we might see a bigger drop. For now the focus is on the upcoming down move. This is only for educational purposes only.

g2rafael Updated 

The pair has nicely retraced to the 38.2% level from March low cycle however more downside is imminent due to more dollar strength in the market. Also very nice divergence on the 4hour chart in the last few highs. Possible final target will be the 50% retracement and it is due for the next one to 2 months time. This is only for educational purposes only.

g2rafael Updated 

As posted previously it was expected that this pair should give us a down move soon. Now it was rejected127 levels on upper trend line and also created a very nice daily divergence from the previous high. This is only for educational purposes and not financial advise.

g2rafael

This is an alternate possible path of Bitcoin and crypto market for this year which is also possible. Either way my expectations are that we need to get another push higher from the next month or so. This is not advise and only my opinion for educational purposes only.

g2rafael

This is just an update forecast of what I do expect in Bitcoin for the next month or so before we start the next move. Many people believe that the market will crash this year however from what I can see which is dollar weakness I cannot see that happening this year. This is only my analysis and opinion it's not a financial advise.

g2rafael Updated 

Januray 2022 and typically January it is a month where dollar gets stronger. With the news keep bringing fear for the new covid variant it makes sense for dollar strength ion this month. In the 4 hour chart here a possible reversal is forming if it holds with the rsi pointing on divergence this is a possible bottom level for buyers to get in. This is only for...