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...
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...
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...
Stock futures Nas100 traded flat Tuesday as investors assess the threat of new tariffs from President-elect Donald Trump. Generally, the direction is uptrend Uptrend Side: The price currently requires renewed positive momentum to confirm a breakout above the current barrier, paving the way for targeting new positive levels, which may begin at 20,865 and...
Generally, the direction is a downtrend Summary: Gold prices declined by approximately 3% following President-elect Donald Trump's appointment of Scott Bessent as Treasury Secretary. Additionally, reports indicating progress toward a ceasefire agreement between Israel and Hezbollah further impacted the metal's safe-haven appeal. Consequently, we anticipate that...
Summary: Gold prices declined as much as 2% on Monday until below 2668 as investors booked profits following a five-session rally to a three-week high. While the announcement of fund manager Scott Bessent as the new U.S. Treasury Secretary tempered safe-haven buying, we expect the price will rise again to above zones 2701 and 2714. Generally, the direction is...
Generally, the direction is uptrend Uptrend Side: according to our previous analysis, the price rose and still has a bullish trend. As long as the price trades above 70.51, it is likely to rise and cross 71.74 and 73.59. Downtrend Side: but by any reason, if reversed and broken below 70.51, will fall more until 68.64. Tendency Keys: 70.51
U.S. stock futures climbed Monday as Wall Street kicked off a shortened Thanksgiving trading week. Generally, the direction is uptrend Uptrend Side: trading above the 20865 will support the price to rise more to touch 21020, and above it will hit 21220. Downtrend Side: The price is expected to decline to 20,865 as part of a correction. If it successfully...
Generally, the direction is uptrend Summery: The price has reached our target based on the prior analysis. Currently, it is undergoing correction. Upon the completion of this correction, we anticipate that the price will attempt to break through the zone located between 2701 and 2714, signaling a potential rise toward the levels of 2733 and 2757. Uptrend Side:...
Generally, the direction is uptrend The price has formed an ascending channel, indicating a continuation of the upward trend. We anticipate that the price will rise to test the resistance levels at 20,865 and 20,020. In an ascending channel, the price oscillates between parallel upward-sloping support and resistance lines, reflecting higher highs and higher lows....
Oil was broadly stable on Wednesday as concerns about escalating hostilities in the Ukraine war potentially disrupting oil supply from Russia offset data showing rising U.S. crude stocks. Generally, the direction is consolidation Uptrend Side: Oil prices continue their upward momentum, with a clear path toward the initial target of $70.51. Exceeding this level...
Generally, the direction is consolidation Summary: The Euro against the US Dollar has presented temporary positive trades before resuming its decline. This keeps the bearish scenario active for the day, with a reminder that our targets begin with breaking the level of 1.0526, paving the way for a downward movement toward 1.0450 as the next negative...
Generally, the direction is uptrend Uptrend Side: Since yesterday, the price has experienced a sensitive movement due to the effect of NVIDIA earnings. The price currently requires additional positive momentum to stabilize above the 20,715 level. This would open the door for targeting new positive milestones, potentially extending towards 20,865 and 21,020,...
Generally, the direction is uptrend summary: Price faces resistance at a high of 2669. Under this defense, a balance between buying and selling may have been established to break this level. We expect the price to reach 2701 for today when it closes an hourly candle above 2669. But before this rise, we should expect a short correction decline. Uptrend Side: by...
Generally, the direction is uptrend Uptrend Side: We will remain in an uptrend as long as the price remains above 1.3961. Consequently, the resistance levels at 1.4015, 1.4063, and 1.4122 will serve as our targets. Downtrend Side: A break below the support level of 1.3961, confirmed by the closing of a 4-hour candle, will validate a downward trend, with 1.3884...
Generally, the direction is uptrend During regular trading on Tuesday, shares of Nvidia advanced nearly 5% as investors anticipated the chip company’s latest results. The jump in Nvidia shares helped lift the Nasdaq Composite to a 1% gain. Uptrend Side: Based on my analysis, the price increased by +180 pips and stabilized above 21,715, with expectations of...
Generally, the direction is a downtrend Uptrend Side: The price is anticipated to initiate a bullish trend upon stabilizing above 20,715, especially if a 4-hour candle closes above this level. Furthermore, the price is expected to approach the 20,715 resistance level shortly, with targets set at 20,865 and 21,020. Downtrend Side: The bearish trend with trading...
Gold prices climbed for a second consecutive session on Tuesday, hitting a one-week high as mounting Russia-Ukraine tensions sparked a rush for safe-haven assets, while investors awaited key signals on the Federal Reserve's interest rate plans. Generally, the direction is uptrend-sensitive movement Uptrend Side: Gold prices are trending upward, supported by...