ElenaMayi

ElenaMayi

The price is currently near the last high zone, which ranges between 2732 and 2757. After reaching this zone, it reversed downward. For today, we expect the price to rise towards the zone between 2732 and 2757, after which it may begin to fall. However, in order for the bullish trend to start, the price will need to break above the 2732 - 2757 zone. Key level: 2732 - 2757

ElenaMayi

The price is currently trading within a descending channel. A bullish retest has occurred toward the upper boundary of the channel. After this, we expect the bearish trend to resume, aiming for a level beneath 5,938. A close below this level on the 1-hour candle would likely push the price further down to 5,938. To transition to an uptrend, the price needs to...

ElenaMayi

The price has formed a descending channel and is currently trading within it. We observed a bullish retest toward the upper boundary of the channel. Following this, we anticipate a continuation of the bearish trend, targeting a level below 21,180. A 1-hour candle closing below this level would likely drive the price further down to 20,880. For the price to...

ElenaMayi

Overall, the market is in a downtrend. Currently, the price is undergoing a correction towards 129.31. From this level, we expect the price to decline further, breaking below 190.63 and then 188.94. An uptrend will commence once the price stabilizes above 129.31, at which point it could rise towards 194.62. Tendency Keys: 129.31

ElenaMayi

The price fluctuates between 70.06 and 77.02, exhibiting a bearish trend. Therefore, we should wait for the price to break below 77.02 to confirm the downward movement, particularly if a 4-hour candle closes below this level, which would likely result in a sharp decline towards 75.47. However, if the price reverses for any reason and stabilizes above 79.06, it may...

ElenaMayi

Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could provide more clarity on the Federal Reserve’s interest rate trajectory. Currently, the price is above the 2666 level, supporting a rise towards the upper channel trend. However, for the price to move higher, a breakout above the channel trend is...

ElenaMayi

The SPX price has stabilized within the sensitive zone between 5,872 and 5,806. We anticipate that the price will rise briefly to correct towards 5,872 before falling sharply to reach 5,806, and potentially drop further to 5,750. An uptrend is likely to commence only if the price stabilizes above 5,872, particularly if it crosses the critical range between 5,997...

ElenaMayi

Yesterday, the price fell significantly and is now trading below 20,880. Today, we expect the price to decline from 20,880 to below 20,540, after which it may fluctuate between 20,540 and 21,190. For the bullish trend to continue, the price should rise above 20,880, particularly if it can break through 21,215. Keys: 20880

ElenaMayi

Yesterday, the price rose sharply and is currently trading above 20880. It appears that the price will move towards the sensitive zone between 20800 and 21215. For today, we should wait for the price to rise towards around 21215, from where we expect a decline back to 20880, and crossing this level will touch the 20190. However, if the price breaks above 21215...

ElenaMayi

The price has formed a descending channel once again, and trading continues within it. Today, there is a brief upward movement before it declines, potentially breaking through the 2666 level. Currently, the price is above the 2666 level, supporting a rise towards the upper channel trend. However, for the price to move higher, a breakout above the channel trend is...

ElenaMayi Updated 

Generally, the direction is uptrend Uptrend Side: The price has continued a tread above the resistance zone at 157.63. the price will encounter the trendline of the progress channel. A confirmed breakout of the channel, marked by the closing of a 4-hour candle, would likely propel the price toward 159.24. Downtrend Side: A strong barrier is in place, potentially...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: We are currently experiencing a strong bearish trend, with the price trading below the 5794 level. It is possible that the price may correct upward toward this level. However, if the price manages to break through the 5794 level, it is likely to continue rising further, potentially reaching the 5872...

ElenaMayi

Generally, the direction is uptrend Uptrend: The market shows strong bullish momentum above $77.02, now a key support. A retest of this level is expected; if it holds, the price may rally toward the resistance zone at $78.69–$82.24, confirming the uptrend. Downtrend: Failure to hold $77.02 during the retest could signal bearish sentiment, with a drop to...

ElenaMayi

Gold prices were flat on Monday as a stronger-than-expected U.S. jobs report reinforced the Federal Reserve’s cautious stance on rate cuts, while uncertainty surrounding the incoming Trump administration’s policies continued to fuel safe-haven demand. Generally, the direction is uptrend Uptrend Side: The price has remained outside the channel, with a key...

ElenaMayi

VARIOUS TYPES OF TRADING STYLES Types of Trading Styles and Influencing Factors A trading style refers to the set of methods and preferences a trader employs to initiate and execute trades. The selection of a trading style is influenced by several factors, including: FACTORS INFLUENCING TRADING STYLES A trading style encompasses the methods and preferences a...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price has broken above the regression channel, signaling a bullish trend for today. If the 4-hour candle closes above this level, it confirms the breakout. Our immediate targets are 2701 and 2732. Correction: The price may decline to move within the channel before initiating a potential rise. Downtrend Side:...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: For today, we anticipate that after reaching the support level at 5,871, the price will begin to rise, potentially crossing 5,938 and moving further upward to surpass 5,997. Downtrend Side: A break below the 5,871 level, confirmed by the closure of a 1D candle, is necessary to signal further decline, potentially...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price is currently trading within the demand zone, indicating that this area may serve as a foundation for a potential price increase. It is expected to break above the 21,215 level, followed by further upward movement towards 21,415 and potentially reaching 21,615. Downtrend Side: the price should break the...