Michael-Neubauer

Michael-Neubauer

Technical analysis Ethereum Ethereum (ETHUSD) was able to continue its rally from the central support zone at USD 1,700 / 1,730 and work off and overcome the target zone we were targeting USD 2,847-3,000. Most recently, a sideways consolidation between around USD 2,950 and USD 3,340 has shaped the share price. At the start of the week, the coin hit a 3-month...

Michael-Neubauer

Technical analysis of gold Gold investors have had little pleasure in their investment in recent months. Most recently, it was accelerated downwards as part of a flash crash. But the critical support zone could be defended. The price of gold (XAUUSD) has been in a pronounced correction phase since it hit a record high at USD 2,075 a year ago. The multi-week...

Michael-Neubauer

Bitcoin technical analysis The overriding technical starting point for Bitcoin has brightened significantly after the outbreak via a significant resistance cluster. A short break should be planned. Bitcoin (BTCUSD) had made an upper reversal in the form of a head-and-shoulder formation below the record high of around USD 64,000 in April. The subsequent...

Michael-Neubauer

Technical analysis of Etherum As part of the steep rally from the central support zone at USD 1,700 / USD 1,730, Ethereum (ETHUSD) was able to overcome the several-week downtrend line and then the horizontal resistance zone at USD 2,410. This means that the price targets we had set in the event that the USD 2,050 mark was exceeded have not only been achieved,...

Michael-Neubauer

The gold price (XAUUSD) benefited from the US Federal Reserve meeting last Wednesday. Already in the late evening of the meeting itself, the precious metal screwed above the USD 1,800 mark to attack the resistance zone around USD 1,830, especially during trading on Thursday. Statistically, Friday is a bullish weekday and the seasonality for the upcoming trading...

Michael-Neubauer

Bitcoin technical analysis Bitcoin (BTCUSD) had made an upper reversal in the form of a head-and-shoulder formation below the record high of around USD 64,000 in April. The subsequent sell-off caused the price to collapse to a low of USD 28,600. Above this mark, the coin established a broad trading range that extends to $ 41,342. Post Consolidation Breakout?...

Michael-Neubauer

After Ripple (XRPUSD) started a recovery rally from the 3-month low at USD 0.5097 in June to USD 0.7331, there has been a weak attack in the past few weeks and another successful test of the low. The most recent price surge finally carried the coin lively over the downtrend line from the rally high. Soil formation ahead? The short-term chart image has thus...

Michael-Neubauer

The Nasdaq 100 was initially able to continue its upward trend up to a record high of 15,002 points. There, a bearish Doji in the daily chart initiated a setback on July 13th. At the start of the week, the index formed a correction low at 14,455 points. Since then, the technology-heavy index has only known the way up. After four plus days in a row, it finally...

Michael-Neubauer

Technical analysis of Bitcoin - viewed in the D1 chart The BITCOIN (BTCUSD) defended the USD 30,000 mark with flying colors over the past few weeks. Accordingly, setbacks to this brand could always be seen as a buying opportunity. In the context of earlier ricochets, there appears to be a short-term possibility of rising prices again in the direction of USD...

Michael-Neubauer

After the low of movement at 15048, the DAX index stabilized and was able to recover visibly after the formation of a reversal formation (double-buttom). The DAX is now again in the range that previously lasted several days with clear limits on the top and bottom. Outlook: The focus is currently on the support area 15488-15456. As long as the DAX can stay...

Michael-Neubauer

Technical analysis of Ethereum (ETHUSD) - view in H4-chart After the small double floor, which had brought the listing up to the target area we were aiming for, Ethereum turned south again, starting from the rally high at USD 2,410. The breach of the support zone at USD 2,018 / 2,050 sent a bearish signal and made it probable that the medium-term critical...

Michael-Neubauer

Technical analysis of WTI Crudeoil - viewed in the D1 chart The US WTI oil price had reached the long-term resistance zone at USD 76.88 on July 6, where the price had reached a cyclical high in October 2018 and turned into a dramatic bear market. The consolidation that started at this point came as little surprise and ultimately resulted in a more pronounced...

Michael-Neubauer

The S&P 500 was able to extend its rally slightly to a new record high of 4,394 points. There it encountered the rising containment line along the highs of April 16 and May 7. This offered a welcome opportunity for profit-taking, which gained significantly in momentum at the start of the week. So far on a seasonal course So far, the index has stuck to our...

Michael-Neubauer

The German benchmark index is currently flirting with a possible continuation of the primary upward trend. However, in view of the negative seasonality and cyclicality from August onwards, the trees should not grow into the sky. The DAX has not yet been able to make a decision about the direction in which it will leave the established trading range of several...

Michael-Neubauer

Technical analysis of gold (XAUUSD) - viewed in the D1 chart The gold price only benefited yesterday from the again high inflation data in the USA. In this context, the gold price has been showing its friendly side for some time, and yet the precious metal could be on the verge of a correction impulse. Should the current level of around USD 1,814 still present...

Michael-Neubauer

Technical analysis of Ripple (XRPUSD) - viewing in the H4 chart Starting from the 3-month low at USD 0.5097 in June, Ripple started a recovery rally to USD 0.7331. Since this three-wave recovery, the price has been crumbling again. The previous low of the correction from the correction was marked last week at USD 0.5920. Critical support in sight In our...

Michael-Neubauer

The technology-heavy selection index Nasdaq 100 continues to show an intact upward trend in all relevant time frames. Most recently, it generated a significant follow-up buy signal on June 22nd with the breakout of a rising resistance line along the highs of February 16 and April 16. At the start of the week, a new record high of 14,899 points was achieved...

Michael-Neubauer

Analysis and price targets for the FDAX - view in the H1 chart After a range between 15,433 / 15,696 points lasting several days, the FDAX recorded a stronger setback of 2.6 percent last Friday. The tested support level between 15.269 / 15.310 (lower green zone) was successfully defended, after which there was a V-reversal up to the significant resistance area...