Generally, the direction is a downtrend Uptrend Side: the price needs to stabilize above 1.0670 to rise and reach the next resistance of 1.0722, then it should rise more to touch 1.0768. Downtrend Side: The bearish trend in EUR/USD remains strong, with the price currently consolidating between 1.0670 and 1.0608. A decisive break below 1.0608 could intensify the...
Generally, the direction is a downtrend Uptrend Side: Oil is currently showing a slight upward movement, testing the key resistance level at $68.64. If it breaks above $68.64, it may signal a short-term recovery, potentially shifting to a bullish trend to $71.74. Downtrend Side: For the bearish trend to continue, the price needs to remain below $68.64, with...
Generally, the direction is uptrend Uptrend Side: If the price surpasses 152.421, it may continue toward the resistance level at 153.927. A successful break above 153.927 could lead to further gains, potentially reaching 155.997. Traders should monitor these levels closely, as breaking through resistance can signal continued upward momentum. Downtrend Side: we...
Generally, the direction is a downtrend Downtrend Side: The current market exhibits a pronounced bearish trend. with prices anticipated to decline toward the support zone between 2585 and 2566. This area may serve as a temporary floor, potentially prompting a rebound toward the resistance level at 2633. However, if the price breaches this support zone, it could...
Generally, the direction is uptrend Uptrend Side: The NASDAQ 100 Index (NDX) is exhibiting a bullish trend. the price has established a consolidation zone between the recent resistance at 21,220 and support at 21,020. To initiate an upward trend toward the new high of 21,400, a decisive breakout above the 21,220 resistance level is necessary. This breakout should...
Bitcoin has recently surged to a record high of nearly $80,000, driven by President-elect Donald Trump's support for digital assets and the potential for pro-crypto lawmakers in Congress. On Sunday, the cryptocurrency rose by 4.3% to $79,771, approaching the $80,000 mark. During his election campaign, Trump pledged to position the U.S. at the forefront of the...
Gold prices fell for a second straight session on Monday, while investors prepared for U.S. economic data and comments from Federal Reserve officials this week for more clarity on the future direction of U.S. interest rates. Generally, the direction is a downtrend Uptrend Side: Dealing with price increases amid the current market movement is challenging....
Generally, the direction is a downtrend Downtrend Side: As long as the trade remains below 71.74, it is likely to move within a negative trend, particularly if it breaks the support level at 68.64. A break below this level could lead to further declines, potentially reaching 66.96 and 65.47. Uptrend Side: To be an uptrend, the price needs positive momentum to...
Generally, the direction is downtrend Uptrend Side: the price needs to stabilize above the 1.0769 to rise and reach the next resistance of 1.8283, then it should bearish this level to touch the 1.0948. Downtrend Side: The bearish trend is active as long as the price trading below 1.0769 will fall to reach 1.0722 and below it 1.0608. Tendency Keys: 1.0769
Generally, the direction is uptrend Uptrend Side: forming the resistance level from a high of 21.165, thus breaking above it we will get the new high level 21.400. Downtrend Side: Based on the current analysis, the price is expected to correct to approximately 20.865, a key support level. If it stabilizes below this point, a further decline toward 20.710 is...
Generally, the direction is a downtrend Uptrend Side: The price stabilized above 2685, thus the direction will fall to touch this level and then will rise to touch 2701, and crossing this level will touch 2714, confirming an uptrend will start above 2714 by closing the 4H candle. Downtrend Side: The prevailing downtrend suggests that the price may experience a...
Generally, the direction is downtrend Downtrend Side: Gold's price has stabilized below $2,670 per ounce. It may rise to test this level or potentially reach $2,685. Subsequently, a decline could occur, breaking the next support at $2,651. A breach below this support may lead to further declines toward $2,637 and $2,628. Given the current sensitive trading zone,...
Generally, the direction is uptrend Uptrend Side: The price remains in an uptrend, reaching a new high level and establishing resistance at 20,865. A breakout above this level may drive it further to a new high of 21,000. correction: will fall untill 20,710 as a correction. Downtrend Side: We need the strong fall correction. Then it needs to break through all...
Generally, the direction is changed to uptrend due to the U.S election pressure Uptrend Side: The recent price movement indicates a potential uptrend, as it has surpassed multiple resistance levels amid volatility associated with the U.S. elections. Currently, the price has stabilized above 20,540 and is approaching the previous resistance at 20,700. Should it...
Generally, the direction is an uptrend, and the sensitive movement is ahead due to the U.S. election. Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race. Downtrend Side: The price has stabilized below 2,733, suggesting a potential decline today. Our initial target is the support level at 2,714. A...
Generally, the direction is an uptrend, and the sensitive movement is ahead. Gold traded in a narrow range on Tuesday as investors stayed away from taking big positions ahead of the U.S. presidential election and the Federal Reserve policy meeting later this week. Downtrend Side: For the bearish trend to materialize, the price must break below 2733 and cross...
Generally, the direction: is an uptrend Uptrend Side: The price is trading above 125.79, which will support the price to rise more to reach 140.74 and above the new high level of 155.00. Also, the price is continuing at the bullish attempt. Downtrend Side: if the price trades below 125.79, especially below 118.80, it will fall toward 107.88. Tendency Keys: 140.74
Generally, the direction is uptrend Uptrend Side: The price should break the 152.421, which signals a potential rise towards 153.927, with further movement toward 157.631 once this level is surpassed. Downtrend Side: The price should decline below 152.421 to below 150.483 by closing a 6-hour candle beneath this level, which would then lead to a move toward...