ElenaMayi

ElenaMayi

The EUR/USD price rose above 1.0450, strengthening the uptrend. As long as the price stays above this level, the bullish momentum is likely to continue, pushing the price toward the strong resistance at 1.0608. If this level breaks, the next target will be 1.0766. For a bearish trend to develop, the price needs to close below 1.0450 on a 4-hour candle. A...

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Gold prices have been trending downward, falling below $2,757 on Monday due to pressure from a strengthening US dollar. This decline is largely driven by investor focus on the Federal Reserve's first meeting of 2025, which is expected to provide crucial insights into the future of interest rate policy. A stronger dollar often weighs on gold prices, as it makes the...

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The gold market is currently showing a consolidation phase with significant levels at play. The last price movement failed to break through the resistance level of 2787, leading to a pullback. This level has historically acted as a strong barrier, and the recent rejection underscores its importance as a key point for determining future price action. For the...

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The price has steadily risen and is now trading near the significant resistance level of 2787. A decisive break above this resistance, especially with a 4-hour candle closing above it, would confirm the continuation of the bullish trend. Such a breakout would signal strong buying momentum, paving the way for the price to reach the next target at 2816, a new high...

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The price remains trading within the identified zone, indicating ongoing consolidation. It is prudent to wait until the correction concludes, as this phase is critical for determining the next movement. This approach aligns with a strategy focused on confirming the bullish trend. A breakout above the resistance level of 2757 would solidify the upward trajectory...

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GBPUSD Technical analysis We should closely monitor the next price movement, as it holds significant importance. If the price continues the bearish trend from 1.2320 and falls below 1.2225, it would confirm the activation of the bearish trend, targeting 1.2140. However, any reversal above 1.2320, particularly if confirmed by the closing of a 4-hour candle above...

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Hello Traders SPx technical analyses The price is currently trading within the high zone between 6,099 and 6,026. The level at 6,099 has caused the price to decline and initiate a correction. For today, it is anticipated that the price will continue its bullish attempts to break this resistance. A breakout above the resistance level could lead to a rise toward...

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The price has crossed the zone mentioned in the previous analysis. Currently, it appears a correction within this zone is likely. A breakout above this zone will support the price in rising toward the previous high of 2,787. Furthermore, crossing this level could lead to a new high at 2,816. Regarding the bearish trend, the price must stabilize below the zone...

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Oil price resumes its negative trading to break the $75.47 level and tries to stabilize below it, reinforcing expectations of the continued dominance of the downward corrective trend for the rest of the day, paving the way for heading toward $73.59 as the next negative station, noting that breaching $77.02 will stop the downward trend, especially above 79.06, and...

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The price is currently testing the last high zone, which ranges between 2732 and 2757. This zone serves as a significant resistance level; however, the ongoing bullish momentum suggests that the price is poised to challenge it. Today's expectation: The price is likely to rise further toward this zone, supported by strong upward momentum. A decisive breakout above...

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There is a narrow gap between the current price and the previous high. It is advisable to wait for the price to approach the zone between 6,099 and 6,026. If this zone is crossed, particularly with a 4-hour candle closing above it, the price is likely to target a new high at 6,160. However, this zone could also act as a reversal point, pushing the price back...

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Today, the price is expected to rise and reach the level of 21,615. Subsequently, this level is anticipated to act as resistance, causing the price to decline to 21,420. For today, the price movement is likely to continue testing the resistance at 21,615. A breakout above this level, confirmed by the closing of a 4-hour candle, could propel the price upward to...

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The price is currently near the last high zone, which ranges between 2732 and 2757. After reaching this zone, it reversed downward. For today, we expect the price to rise towards the zone between 2732 and 2757, after which it may begin to fall. However, in order for the bullish trend to start, the price will need to break above the 2732 - 2757 zone. Key level: 2732 - 2757

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The price is currently near the last high zone, which ranges between 2732 and 2757. After reaching this zone, it reversed downward. For today, we expect the price to rise towards the zone between 2732 and 2757, after which it may begin to fall. However, in order for the bullish trend to start, the price will need to break above the 2732 - 2757 zone. Key level: 2732 - 2757

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The price is currently trading within a descending channel. A bullish retest has occurred toward the upper boundary of the channel. After this, we expect the bearish trend to resume, aiming for a level beneath 5,938. A close below this level on the 1-hour candle would likely push the price further down to 5,938. To transition to an uptrend, the price needs to...

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The price has formed a descending channel and is currently trading within it. We observed a bullish retest toward the upper boundary of the channel. Following this, we anticipate a continuation of the bearish trend, targeting a level below 21,180. A 1-hour candle closing below this level would likely drive the price further down to 20,880. For the price to...

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Overall, the market is in a downtrend. Currently, the price is undergoing a correction towards 129.31. From this level, we expect the price to decline further, breaking below 190.63 and then 188.94. An uptrend will commence once the price stabilizes above 129.31, at which point it could rise towards 194.62. Tendency Keys: 129.31

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The price fluctuates between 70.06 and 77.02, exhibiting a bearish trend. Therefore, we should wait for the price to break below 77.02 to confirm the downward movement, particularly if a 4-hour candle closes below this level, which would likely result in a sharp decline towards 75.47. However, if the price reverses for any reason and stabilizes above 79.06, it may...