ElenaMayi

ElenaMayi

General Direction: The general direction of the GBP/JPY currency pair appears to be bearish, as evidenced by the series of lower highs and lower lows on the chart. Downtrend Side: The price is currently below the resistance levels of 199.211 and 197.639. The price has consistently been making lower highs and lower lows, indicating a strong downtrend toward...

ElenaMayi

Generally, the direction is trying to be a bullish trend. Uptrend Side: Currently, the price is trading above 2391, If the price closes the 4H candle above it, maybe the price will first make a correction around 2391 and then start rising toward above 2400 and touch 2420. Downtrend Side: Maybe the price, after touching the resistance of 2420, will push the price...

ElenaMayi Updated 

Generally, the direction is a downtrend. Uptrend Side: To be in an uptrend, the price should stabilize above 154.610 by closing the 4H candle. to touch the resistance of 155.825. Downtrend Side: Closing the 4-hour candle below 154.610 will likely lead to a decline toward 152.812 and 151.196. However, please be aware that before this decline, the price is...

ElenaMayi Updated 

Generally, the Direction: The overall direction is a downtrend, as evidenced by the price trading below the significant resistance levels of 125.45 and 118.28, and the downward-sloping trendline indicates persistent bearish pressure. Downtrend Side: The downtrend will be solidified if the price closes a daily candle below the critical support level of 109.78....

ElenaMayi Updated 

Generally, the direction is uptrend because trade is above the zone of 54,612 and 50,616. Uptrend Side: To rise, the price should cross cross several levels, which is facing the price to reach the last high, previous resistance 73,327 and above it, the 79,590. Breaking the 62.802 will support the price to start the first positive step and then stabilize above...

ElenaMayi

Generally, the direction is a downtrend. Uptrend Side: To be in an uptrend, the price should stabilize above the zones of 200.555 and 199.211 by closing the 4H candle. to touch the resistance of 201.437. Downtrend Side: Closing the 4-hour candle below 197.608 will likely lead to a decline toward 196.747 and 196.009. Tendency Keys: 200.555 and 199.211

ElenaMayi Updated 

Generally, the Direction: is a bearish trend Downtrend Side: As we mentioned in our previous idea, the price failed and reached our target. Currently, the price is in the correction process toward around 76.98, then will fall to stabilize under 76.16, below this level, it will touch 74.72. Uptrend Side: reversing and reaching above 78.07, and it looks like it...

ElenaMayi

Generally, the direction is down. Uptrend Side: Currently, the price is trading above 2369, If the price closes the 4H candle above it, maybe the price will first make a correction around 2356 and then start rising toward above 2369 and touch 2392. Also, any break above this level will touch 2420 Downtrend Side: maybe the price, after touching the resistance of...

ElenaMayi

Based on our last analysis, we said the price would reach 19000 and, under it, 18905. After the price touched this level, it reversed toward 19000. Currently, the price is trading between these two levels. Generally, the direction is downtrending Downtrend Side: The NASDAQ index is presently trading under 19,000. Currently, the price is trying to break 18.905....

ElenaMayi Updated 

Gold loses $25 and falls to its lowest levels in more than two weeks Gold prices witnessed a clear decline during morning trading on Thursday, with the prices of the yellow metal recording their lowest levels in more than two weeks, as investors awaited the release of some important US economic data that may provide more clues about the possible date for the...

ElenaMayi Updated 

Nasdaq futures fall after Alphabet and Tesla report earnings Nasdaq stock futures traded lower Wednesday morning after megacap tech companies Alphabet and Tesla reported their second-quarter results. Generally, the direction is toward a downtrend Downtrend Side: the NASDAQ index price is trading under 19.605, which will support the price to touch 19.400, and...

ElenaMayi

Nasdaq stock futures traded lower on Wednesday and reached our target, as we mentioned. Generally, the direction is downtrending Downtrend Side: The NASDAQ index is presently trading under 19,200. Currently, the price is trying to break 19.000 and, under it, 18.905. Any breaking under these two levels by the 1H candle will be more bearish until...

ElenaMayi Updated 

Generally, the direction is a downtrend Downtrend Side: a break under 199.211 will confirm the bearish trend and will fall until 198.287 or 196.009.\ Uptrend Side: Maybe after reaching the support of 199.211, this level will push the price toward 200.590; any breaking above this level will support the price to be more bullish until it reaches 201.437. Tendency...

ElenaMayi

Generally, the Direction: is a bearish trend Uptrend Side: reversing and reaching above 78.07, and it looks like it will rise to touch the 78.97 level; any breaking above this level will result in a rise to 79.88. Downtrend Side: The price is trading below the level of 78.07. Stabilization under this level will touch 76.98, and under it, 76.16. Tendency Keys: 78.07

ElenaMayi

Generally, the direction is an uptrend because the trade is above 2391. Uptrend Side: Currently, the price is trading above the 2391 and 2407 levels and is trying to reach 2420. The price will face corrections and then rise again to stabilize above 2420. Any break above this level will touch 2430. Downtrend Side: any breaking under 2408 and 2391 by closing the...

ElenaMayi

Generally, the direction of the gold is under bullish pressure because it is still trading above 2391, so the rising chance is increasing Downtrend Side: until the price trades below 2,430$ , the price reaches 2,391$, breaking this level and reaching the next support level at 2,356$. Uptrend Side: If the price is trading above $2,391 and reaches a resistance...

ElenaMayi

Generally, if the direction breaks 19,810, the direction will be confirmed as an uptrend. Uptrend Side: currently the price is 19,846; the price of USNAS100 is trying to reach a resistance level of 19,994; but to reach this level, it will need to break by an open 4h or 1h candle above 19,810. Downtrend Side: To reach a support level of 19,607, the price should...

ElenaMayi

Generally, the direction: The overall direction appears to be shifting towards a downtrend, with the price weakening after failing to maintain levels above the resistance zone and now testing lower levels. Uptrend Side: To resume an uptrend, the price must break and hold above 203.054. Further resistance levels to overcome are 204.069 and 205.176. Sustaining...