ElenaMayi

ElenaMayi Updated 

Generally, the direction is downward but it is trying to rise Uptrend Side: the price stabilized above the resistance of 188.010, now trying to reach 191.166. breaking above this level by closing the 4H candle will cause it to rise to 193.563. Downtrend Side: if reversed and stabilized under 188.010, it will start the negative step toward 181.341. Tendency Keys: 188.010

ElenaMayi

Generally, the direction is uptrend Uptrend Side: the oil price stabilized above 78.63 by closing the 1D candle above it, thus supporting the price to be in an uptrend toward 80.56 Downtrend Side: The price should reverse and stabilize below 78.63 on the 4-hour candle. If this occurs, it is expected to decline further to 76.06. Correction: The price is expected...

ElenaMayi

Generally, the direction is a downtrend Uptrend Side: The price has reached our target of 2453 and subsequently crossed our downtrend level at 2468. However, it failed to maintain above 2468, stabilizing instead below 2468 while remaining above the downtrend, as indicated by the close of the 4-hour candle. Currently, the price is expected to attempt a rise and...

ElenaMayi Updated 

Gold prices achieved clear increases during the first sessions of the week on Monday, continuing its upward path for the third session in a row as a result of the escalation of geopolitical tensions in various parts of the world, which pushed gold to record its highest level in 5 consecutive sessions. In this regard, gold found strong support from its role as a...

ElenaMayi Updated 

Generally, the direction is an uptrend because the price is trading above the support of 1,0896. Uptrend Side: the price should stabilize above 1.0949 by closing the 4H candle to reach 1.0999. Downtrend Side: The price is experiencing bearish momentum towards 1.0896. If it reaches the support at 1.0896 and stabilizes below this level, it is likely to decline...

ElenaMayi

Crude oil prices rose significantly during the first trading of the week on Monday after crude achieved weekly profits for the first time in 4 weeks at the end of last week, estimated at about 3%. In this regard, the escalation of tensions in the Middle East region reinforced the rise in demand for crude oil in today's trading, amid increasing expectations of a...

ElenaMayi Updated 

Oil prices surged to a one-week high on Friday, driven by positive inflation data from China and growing global supply concerns amid recent escalations in geopolitical tensions. Generally, the Direction: is a bearish trend Uptrend Side: As we mentioned in our previous idea, the price rose and reached our target. Currently, the price is trading above the support...

ElenaMayi Updated 

Gold heads for weekly decline amid anticipation of future interest rates Gold prices fell on Friday and are heading for a weekly decline, as investors await more indicators to predict the size of the potential US interest rate cut in September. Uptrend Side: the price rise, as we mentioned yesterday, reached all our targets. currently, the price has stabilized...

ElenaMayi Updated 

Overall, the trend is downward. Uptrend: The price is currently trading above the critical level of 181.341. Sustaining above this level enhances the probability of an increase to 188.010, and potentially to 193.563. Correction: currently, the price in the correction may will fall to 181.341. Downtrend: Should the price fall below 181.341, it may decline to...

ElenaMayi

The US Nas100 index reversed from its support and rose sharply yesterday until above 18,400. Generally, the direction is downward Uptrend Side: Currently, the price is attempting to reach 18,650. As long as it trades above 18,400, it is likely to continue its upward movement, potentially exceeding 18,650. If it surpasses this level, further growth is expected,...

ElenaMayi Updated 

Generally, the direction is consolidation Uptrend Side: Currently, the price is trading between the resistance level of 1.0949 and the support level of 1.0896. To establish a bullish trend, the price should break the resistance at 1.0949 by closing a 4-hour candle above this level. This would then target the next significant resistance at 1.0999. If the price...

ElenaMayi

Generally, the direction is a downward trend. Uptrend: The price is currently trading above the crucial level of 145.588. Maintaining above this level increases the likelihood of rising to 146.436, and potentially to 149.938. Downtrend: If the price breaks below 144.197, it could drop to 140.740 and possibly further to 124.605.

ElenaMayi Updated 

Crude oil prices fell sharply for the third day, driven by recession fears and disappointing US labor data. Market panic overshadowed Middle East tensions, with rising unemployment and slowing job growth fueling concerns. The Federal Reserve's cautious approach on interest rates added to worries about declining US crude demand and worsening European recession...

ElenaMayi

Gold rebounds amid escalating Middle East tensions Gold prices rose in the European market on Thursday for the first time in the last six days, as safe-haven buying of the metal increased amid escalating geopolitical tensions in the Middle East, with Iran preparing to strike Israel in response to the assassination of Hamas leader Ismail Haniyeh in Tehran. The...

ElenaMayi

U.S. NASDAQ-100 index futures showed mixed performance on Thursday as investors exercised caution ahead of an eagerly anticipated jobs report, seeking further insights into the health of the U.S. economy following last week's weak economic data. Yesterday, the NASDAQ experienced a brief rise before declining, successfully reaching all our targeted...

ElenaMayi

Gold remains in negative territory due to rising US yields. Gold prices declined in the European market on Wednesday, marking the fourth consecutive day of losses, particularly after dropping below the $2,400 threshold. This decline is attributed to the ongoing recovery in the yield of US 10-year Treasury bonds. The likelihood of the Federal Reserve reducing US...

ElenaMayi

Stock futures rose on Wednesday following Wall Street's recovery from a three-day losing streak, with Nasdaq 100 futures increasing by 1.1%. Generally, the direction is a downtrend as long as trade is below the level of 18.400. Uptrend Side: To confirm the uptrend, the price should stabilize above the resistance of 18.400 by closing the 4H candle to touch 18.650...

ElenaMayi

Overall, the trend is downward. Uptrend Side: The price needs reversing to above 2420, by closing the 4H candle to reach 2431. Downtrend Side: The gold price is trading under 2420, thus the chance of down trending toward 2390 will increase, and a break under it will touch 2369. Tendency Keys: 2420