ElenaMayi

ElenaMayi Updated 

Summary: The price continues to move toward our new target of 6,080, consistently recording new highs, such as 6,059. We anticipate the completion of our bullish scenario which we mentioned in our previous idea, with the price likely to undergo a correction to sustain positive momentum before rising further to achieve the new high of 6,080.

ElenaMayi Updated 

Generally, the direction is uptrend Summary: The price has reached our target based on our previous analysis. In summary, for today, it is expected to undergo a brief correction towards approximately 20,980 or potentially touch this level. Subsequently, it is anticipated that a bullish attempt will be made to break through 21,230, aiming to reach 21,400 as a new...

ElenaMayi Updated 

Summary: As we mentioned, the price fell according to our analysis. The price is currently trading above the 2640 level and is attempting to rise toward 2662. This level may reject the price and then start its decline toward the 2606 level, which remains our target. It is important to note that the downtrend is still active. For the trend to shift to an uptrend,...

ElenaMayi Updated 

Crude oil prices rose slightly during trading on Monday, driven by optimism about the strength of Chinese demand for crude oil, after the release of positive economic data from China, in addition to the markets’ anticipation of the OPEC+ meeting scheduled to be held later this week. Generally, the direction is consolidation Uptrend Side: Oil prices are showing...

ElenaMayi Updated 

Summary: As we mentioned, the price fell according to our analysis. The price is currently trading below the 2640 level and is attempting to rise and break it. This level may reject the price, but it might trade above this level temporarily before resuming its decline toward the 2606 level, which remains our target. It is important to note that the downtrend is...

ElenaMayi Updated 

Generally, the direction is uptrend Uptrend Side: Following the completion of its correction, it is anticipated that the price will reach a new high of 6080. This expectation is supported by the price's stabilization above the previous resistance level of 6026, marked by the formation of a new high at 6049. This breakout indicates a potential continuation of the...

ElenaMayi Updated 

Generally, the direction is uptrend Uptrend Side: The price is expected to continue its attempt to rise and surpass the resistance level of 20,980 today. A decisive break above this level is required to enable further upward movement, targeting 21,215 or potentially reaching a new high of 21,400. Downtrend Side: A significant correction until 20690 is required...

ElenaMayi Updated 

Generally, the direction is uptrend Summary: Based on our analysis, the price has recently shown an upward movement. However, we anticipate a short corrective phase due to overbought conditions or potential profit-taking. Following this correction, the price is expected to resume its upward momentum and approach the resistance level at 21,020, which aligns with...

ElenaMayi

Gold prices have been gradually moving upwards, steadily approaching the 2669 resistance level. This level has been acting as a strong defense, which has been difficult to break. A breakout above 2669 could open the door to further gains, targeting the next resistance levels at 2701 and 2714. These levels represent key price zones where we might see a potential...

ElenaMayi Updated 

Generally, the direction is CONSOLIDATION Downtrend Side: The price is awaiting a negative catalyst that could drive the price to break below the 68.64 level. This would then push the price to resume the expected bearish trend for the day, with the next target located at $67.97 and $66.96. Uptrend Side: It is important to note that a break above $69.56 would...

ElenaMayi

Generally, the direction is uptrend Downtrend Side: We will remain in a downtrend as long as the price remains below 1.4015. Consequently, the resistance levels at 1.3961, 1.3884, and 1.3445 will serve as our targets. Uptrend Side: A break above the level of 1.4015, confirmed by the closing of a 4-hour candle, will validate an upward trend, with 1.4063 as the...

ElenaMayi Updated 

Generally, the direction is uptrend Summary: Based on our analysis, the price has recently shown an upward movement. However, we anticipate a short corrective phase due to overbought conditions or potential profit-taking. Following this correction, the price is expected to resume its upward momentum and approach the resistance level at 21,020, which aligns with...

ElenaMayi

Summary: As we mentioned, the price fell according to our analysis. The price is currently trading below the 2640 level and is attempting to rise and break it. This level may reject the price, but it might trade above this level temporarily before resuming its decline toward the 2606 level, which remains our target. It is important to note that the downtrend is...

ElenaMayi Updated 

Generally, the direction is a downtrend Downtrend Side: The price is in a strong bearish trend, indicating that sellers are in control. The level at 150.45 is significant support, and if it breaks, the next key support levels to watch are at 148.93 and 147.26. These levels represent previous points where the price found support in the past, and a break below...

ElenaMayi Updated 

Gold is currently testing a critical resistance level at 2669. If the price reaches this point, it may attempt to break through, but the outcome will depend on the strength of the resistance. If the resistance at 2669 holds firm, the price is likely to reverse and decline toward the next support level at 2640. The 2640 level is crucial—if it breaks, it would...

ElenaMayi Updated 

The euro fell during Tuesday's trading against a basket of global currencies, resuming its losses that were temporarily halted yesterday against the US dollar in attempts to recover from its lowest level in two years. This decline comes under pressure from renewed concerns related to Trump's trade tariffs. Generally, the direction is uptrend Uptrend Side: The...

ElenaMayi

Generally, the direction is CONSOLIDATION Downtrend Side: The price is awaiting a negative catalyst that could drive the price to break below the 68.64 level. This would then push the price to resume the expected bearish trend for the day, with the next target located at $67.97 and $66.96. Uptrend Side: It is important to note that a break above $69.56 would...

ElenaMayi

Oil prices ticked up in early trade and currently continue at the bullish trend after falling in the previous session until 68.64 as investors took stock of a potential ceasefire between Israel and Hezbollah, weighing on oil’s risk premium. Generally, the direction is uptrend Uptrend Side: Oil prices are showing bullish momentum, reinforcing projections of...