The price managed to rise and surpass the breakout level. It is currently trading below the resistance at 63,636 and attempting to break above it while stabilizing. If successful, it is expected to reach 66,674, after which it will encounter the downtrend barrier. Breaking through this trend could lead the price to 68,756. about bearish trend the price should...
Generally, the direction: is an uptrend Uptrend Side: The price is trading above 118.80, which will support the price to rise more to reach 125.79 and above 140.74. Downtrend Side: if the price trades below 118.80, it will fall toward 107.88. Tendency Keys: 118.80
The price rose and touched the resistance of 0.00962, then fell to correct, thus the chart signs a bullish trend. Generally, the direction is a downtrend Uptrend Side: If the price is attempted again to break 0.00962 and stabilizes above, it will rise more until 0.01301 and more 0.01517, especially if the closed 1D candle or 1W candle is above...
Generally, the direction is a downtrend. Uptrend Side: The price is falling below 1.3547 and still falls toward 1.3446. Downtrend Side: If the 4-hour candle closes above 1.3547, the price is expected to fluctuate between this level and 1.3611. Tendency Keys: 1.3547
Generally, the direction is uptrend Uptrend Side: The oil price is currently trading below 71.53 and is expected to reach 69.51. A break below this level may lead to a decline toward 68.00. Downtrend Side: However, breaking above 71.53 will lead to a further decline, targeting the support at 73.80. Tendency Keys: 71.53
The price reached our target of 20190 and is currently trading around the second target of 20410. Generally, the direction is uptrend Uptrend Side: The price is expected to continue rising until it reaches the resistance level of 20,410. However, before the rise, a brief correction may occur. Downtrend Side: We have two bearish possibilities: the price may fall...
Generally, the direction is uptrend Uptrend Side: The price is trading below 2670. Currently, it appears poised for a short correction. To continue the uptrend, it needs to break above 2,670, after which it is expected to reach 2,683, and then will touch 2700, which is a new high level. Downtrend Side: The price requires a significant correction below 2650,...
Overall, the general direction is a downtrend. Uptrend Scenario: The bullish momentum remains strong as long as the price trades above 143.53, with potential to rise toward 147.07 and beyond to 150.07. Correction: A correction towards 143.53 is expected before the price resumes its upward movement. Downtrend Scenario: For the bearish trend to take hold, the...
Generally, the direction is uptrending. Uptrend Side: The EUR/USD reversed from its breakout, fell, and stabilized below 1.1140. As long as the price remains below this level, it will attempt to reach 1.1080. A move below it at 1.1080 will lead to consolidation between this level and the resistance at 1.1006. Correction: currently the price is trading in the...
Gold lingers near record highs, Powell’s speech eyed for rate cues Gold prices were steady on Thursday, hovering close to record highs, on expectations of another big U.S. rate cut this year, although gains were limited ahead of remarks by key Federal Reserve policymakers later in the day. Generally, the direction is uptrend Uptrend Side: The price has reached...
the gold price rose and crossed our target of $5650. Gold prices rose in the European market on Wednesday, extending their gains for the fifth consecutive day, recording a new record level, to come very close to reaching the $2,700 per ounce barrier for the first time in history, supported by the current decline in the US dollar levels in the foreign exchange...
Generally, the direction is uptrend Uptrend Side: The price rose to the resistance level of 19,990 and is currently undergoing a correction toward 19,800. After this correction, the uptrend is expected to resume, with the price breaking through the 19,990 resistance and potentially reaching 19,190. Downtrend Side: If the price continues its correction down to...
Gold prices rose in the European market on Tuesday, extending their gains for the fourth consecutive day, recording a new historical level, supported by the current decline in the US dollar levels in the foreign exchange market. Cautious comments from some Federal Reserve officials have increased the possibility of cutting US interest rates by about 50 basis...
Oil prices rose during these moments of trading on Tuesday, due to news of monetary stimulus from China, the largest oil importer, and fears that tensions in the Middle East will affect regional supplies, while a major hurricane looms over the United States, the world's largest producer of crude oil. Generally, the direction is uptrend Uptrend Side: The price...
Gold prices fell in the European market on Monday for the first time in the last three days, giving up a new historical level recorded earlier in Asian trading. This decline comes due to the activity of correction operations and profit taking and under pressure from the current recovery in the US dollar levels. Generally, the direction is uptrend. Uptrend Side:...
Generally, the direction is uptrend Uptrend Side: the price should rise and break the resistance of 20030, then stabilize above it to reach 20410. Downtrend Side: the price may touch the 20030 and then start the fall until touching the supports of the 19630, Breaking below this level will move between this level and 19220. Tendency Keys: 20030
Generally, the Direction is a downtrend as long as the price trades below 71.53 Uptrend Side: the price should stabilize above the strong level of 71.53 by closing the 4H or 1D candle above it to reach 72.48. Downtrend Side: as long as the price trades below the 71.53, Tendency Keys: 71.53
The price fluctuates between the resistance level of 2856 and the support level of 2158. It reversed from the 2351 support level, reaching 2686. The price has reached 2686, and stability above this level may lead to the sensitive and key zone between 2856 and 3022. To confirm the upward trend, it is essential for the price to surpass this area. However, there is...