ElenaMayi

ElenaMayi

Gold prices rose ground on Monday, buoyed by a weaker dollar and Treasury yields, after U.S. Federal Reserve Chair Jerome Powell’s dovish remarks cemented expectations for a September rate cut. Generally, the trend is up. Uptrend Side: The price closed the daily candle above 2500, activating the upward trend. If the 4-hour candle closes above 2514, it is...

ElenaMayi Updated 

Generally, the direction is up-trending. Uptrend Side: The EUR/USD price shows a calm upward trend, awaiting further rises to achieve our expected main target at 1.1140, which represents the ascending trend to reach 1.1179. Correction: Currently, the price trading in the correction process after it ends will start to rise Downtrend Side: If the price continues...

ElenaMayi

Generally, the Direction is changed to an uptrend Uptrend Side: The blue trend line pushed the price upward, breaking 72.88. The price is now moving toward 74.70, and a break above this level could lead to a rise toward 76.42. Downtrend Side: but to be downward, the price should break the blue barrier. Tendency Keys: 74.70

ElenaMayi

Generally, the direction is downward Uptrend Side: Still, the price is trading below the 1.3661 level, showing us a new decline toward the 1.3550 level, and below this level, it touched the 1.3446 level. Downtrend Side: The price should reverse and stabilize above 1.3661 by the close of the 4-hour candle. A bullish trend is expected to begin, especially if it...

ElenaMayi Updated 

Generally, the direction is a downward Uptrend Side: The price managed to break the 1.3661 level and traded below it, showing us a new decline towards the 1.3550 level, and below this level touched the 1.3446 level. Downtrend Side: The price should reverse and stabilize above 1.3661 by the close of the 4-hour candle. A bullish trend is expected to begin,...

ElenaMayi

Gold prices rose in the European market on Friday to resume gains that stopped for two days within correction and profit-taking operations and to approach their highest levels ever, supported by the current weakness in US currency levels against a basket of global currencies. After the Federal Reserve minutes strengthened the chances of easing monetary policy...

ElenaMayi

Stock futures are up, and with all eyes on Powell’s key Jackson Hole speech yesterday, the price fell until it crossed its flat zone again, then reversed and stabilized inside. Generally, the Direction is uptrending Uptrend Side: The NASDAQ 100 Index is currently trading at around 19,850. A break above this level could lead to further gains, potentially reaching...

ElenaMayi Updated 

Gold prices fell in the European market on Thursday, continuing their losses for the second day in a row, moving away from their highest levels ever, due to the activity of correction operations and profit-taking, in addition to the halt of the US dollar’s ​​decline in the foreign exchange market. After the Federal Reserve minutes strengthened the chances of...

ElenaMayi Updated 

"US NASDAQ 100 futures were slightly higher on Thursday as investors awaited comments from Federal Reserve Chair Jerome Powell, expected later this week." Generally, the Direction is uptrending Uptrend Side: The NASDAQ 100 Index is currently trading at around 19,850. A break above this level could lead to further gains, potentially reaching the next resistance...

ElenaMayi

The price has been trading between 146.66 and 144.19 for a long time. For today, the price may rise to the resistance level of 146.43 and then this level will push the price down Overall Trend consolidation Bearish Outlook: If the price stabilizes below 145.572, confirmed by the close of a 4-hour candle, it could trigger a decline toward 144.197. Continued...

ElenaMayi Updated 

Generally, the direction is up-trending. Uptrend Side: The price reached our target of 1.1140 and then reversed to correct, stability above the resistance of 1.1140 by closing the 4H candle, which will push the price up an uptrend until touching 1.1170. Downtrend Side: the downtrend breaking under 1.1080 will fall until touching 1.1034, and also under it will...

ElenaMayi

Overall, the trend is downward. Downtrend Side: The price is trading below a strong resistance level which is 191.16, which it has attempted to break through for the since week but has been unable to do so due to the strength of this level. so as long as the price trades below this level, it will push the price to touch 188.01, and under this level, it will reach...

ElenaMayi

Generally, the direction is a downtrend Uptrend Side: The price crosses the strong support level of 72.88, currently trading under it, so to be in an uptrend, the price should reverse toward this level and cross, then close the 4H or 1D candle above it to be more rising and touch the resistance of 74.70. Downtrend Side: The price is currently trading above the...

ElenaMayi Updated 

The euro fell slightly in the European market on Tuesday against the US dollar, giving up its highest level in eight months recorded earlier in Asian market trading, due to the activity of correction operations and profit taking. Generally, the direction is up-trending. Uptrend Side: The price is currently demonstrating a fresh upward movement; however, it...

ElenaMayi

Generally, the direction is downtrend Uptrend Side: The price is currently trading above a strong support level, which could potentially drive it up to 74.70. A break above 74.70 could lead to further gains, reaching the resistance level at 76.42 Downtrend Side: If the price breaks below the 74.70 support level by closing the 1D candle, it is likely to decline...

ElenaMayi

Generally, the trend is up. Uptrend Side: Gold prices have resumed positive trading after the decline seen in previous sessions, reinforcing expectations for the continuation of the main bullish trend, with a potential correction anticipated around the 2506 level. As long as the price remains above 2495 and the downward trendline, particularly above the 2520...

ElenaMayi Updated 

Gold prices rose to a new record high of 2520 as traders awaited minutes from the US Federal Reserve's latest monetary policy meeting and a speech by Federal Reserve Chairman Jerome Powell for further indications on whether to cut interest rates this year. Generally, the trend is up. Uptrend Side: As long as the price remains above 2495 and the downward...

ElenaMayi

Generally, the direction is a downward trend Uptrend Side: To establish a bullish trend, the price must reverse and stabilize above 1.3662, confirmed by the close of a 4-hour or daily candle, to support a potential rise toward 1.3704. Currently, the price is trading above the support level of 1.3611. This level may provide upward momentum, and as long as the...