Brent - release from...من Aleksandr Shirin

Brent - release from support. Brent oil is stuck in a narrow corridor, but there is also money to be made here. It looks like the quotes are now moving away from the support level. If the rebound takes place, we will take profits around level 94.

إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.

Now - a little respite. The intermediate goal of 1915 was achieved. Here, many short positions were closed. By the way, my sales, which I wrote about earlier, also closed here with a small profit. Now everyone needs to gather their strength. I think there may be some local upward movement after the (possible!) breaking through the level of 1920. Next, most likely, there will be some consolidation with attempts to test 1915 again. After consolidation, I expect the downward movement to continue with an assault on 1900 - 1980.

Aleksandr Shirin

Gold - there was unsuccessful growth. All attempts by gold to rise from the end of June to today failed to achieve any significant success. Today, too, immediately after the publication of data on retail sales in the United States, quotes clearly fell towards the recently passed level of 1930. Of course, we all analyze trends differently and form an assessment of trends, but when assessing the movement of the end of spring-summer 2023, in my opinion there is not a single sign indicating growth prospects for the yellow metal. I can already say that the breakdown of support at 1900 and further downward movement will occur before October 10 of this year.

Aleksandr Shirin

EUR is on the way to the next test of 1.0640. The euro/dollar pair is now heading towards another test of the 1.0640 level. It looks like the release of US retail sales data was the trigger for this movement. At the same time, it looks like 1.0670 could become an intermediate barrier to the fall. At the moment, there are no fundamental data to support the euro in its current positions.

Aleksandr Shirin