Forecast of dollar and gold markets / 60 seconds with financial markets today, February 11 + video
According to Tejarat News, in today’s financial markets, the stock market rose along with the prices of dollars and gold. Some of the news from the negotiations affected today’s trading and led to positive prices.
“Corporate treasurers are entering the cryptocurrency market much sooner than they think,” said Nicholas Merton, a cryptocurrency market analyst in an interview hosted by datadash.
The analyst believes that the entry of companies into the cryptocurrency market will return and the market will rise again.
“The entry of companies can be a catalyst to save the market from recent reforms.”
Companies enter the financial markets when they can buy below the price, and it seems that the current prices in the cryptocurrency market are very discounted.
Large companies now have digital currency, and the US Securities and Exchange Commission has no problem with that, which is why it is likely to encourage other companies to buy as well. KpmG has recently added Atrium and Bitcoin to its financial balance sheet, which is a good sign for the cryptocurrency market.
Forecasting the price of dollars and gold in the days of negotiations
Pouria Bakhtiari and Ali Raufi, two researchers and economists, believe that the downward trend in the price of the dollar in recent days is unstable.
The price of the dollar in the open market still fluctuates in the channel of 26 thousand tomans. But in the coming days, what is the trend of the dollar price affected by the negotiations?
Bakhtiari said in Live Tejarat News: The reasonable price of the dollar by the end of this year is 26 to 29 thousand tomans and above 29 thousand tomans is unlikely.
In his view, the price of the dollar will eventually reach 22,000 tomans, and less than this can not be imagined at all, and if it reaches less than this, it will be unstable.
Ali Raufi also said in Live Tejarat News: “Our statistical analysis shows that with a probability of only 15%, the price of the dollar may fall below 24,000 Tomans.” Regarding the final price of the dollar, the price of the dollar may increase to 32,000 tomans with a probability of only 9%.
He specified: “But with a 90% probability, the price of the dollar will be 27,000 Tomans by the end of this year and between 29,000 and 31,000 Tomans by the end of next year.”
The stock market becomes positive
Hamidreza Ceyhani, a financial markets expert, told Tejarat News: “The metal industry is in a good situation and the shareholders’ interest in the automotive group has increased.” As a result, the stock index can be expected to turn green by the end of trading.
He explains: Heavy support for stock index stocks has created a situation similar to price manipulation or grammatical support.
The financial market expert continues: The impact of micro-stocks can be seen on the equities index, which is also correcting or reducing prices.
Ceyhani emphasizes: The market power of index stocks has decreased and this group is likely to enter a corrective or neutral environment. Of course, if there is no heavy support from the Development Fund and other support groups.
“We expect the capital market to become less dependent on political news,” he said, referring to the Vienna talks. But the financial and behavioral climate shows that this news can have a positive impact on market transactions.
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