The price is embarking on the 38.2% Fibonacci retracement level that meets old resistance as a confluence of the support structure. If the bulls commit to here, then the focus will be an upside extension towards the prior resistance next 129.80/00. On a break of this level, then a downside bias will start to take its form:


The above is a weekly chart that takes into account the long term support that has been forming over the past few months. This gives rise to an upside bias, at least for the near term. However, it by no means support the immanent case for the hourly chart's bullish trajectory, for there is plenty of room for a deeper consolidation below the current market level. However, it does solidify the overall bullish outlook.
Meanwhile, the daily outlook could be forecasted as follows:

If the bulls commit here, then there is the case for another test of the prior highs, but the current rally is hardly convincing compared to the prior daily bearish candle. With that being said, the bulls put in a strong performance during that candle that left a bullish shadow from which the price has extended higher.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.