ElenaMayi

ElenaMayi

The corrective rise we previously mentioned is expected to reach the 2664 level or potentially the upper boundary of the trend channel. For today, the price is likely to fluctuate between 2664 and 2640, with a stronger inclination toward a bearish trend. We anticipate that the price will continue its bearish movement as long as it remains below 2664, potentially...

ElenaMayi

Generally, the direction is an uptrend. Uptrend Side: The chart has reversed to a bullish trend and is currently trading around the resistance level of 21,615. If the price can break this level on the 1-hour candle, we should prepare for a potential move toward higher levels. Initially, the price is expected to rise and test the 21,760 level. Once this level is...

ElenaMayi Updated 

the price reversed to the strong confirmation zone, we expect it will touch 1.0450 and then decline. Generally, the direction is a downtrend in the same zone in the same scenario. Uptrend Side: The price is still trading within the bearish channel, having declined and stabilized below 1.0450. For a rise to occur, the price must break above this level to reach...

ElenaMayi Updated 

Gold prices inched higher on Monday, supported by a softer dollar, while investors awaited a slew of U.S. economic data including the December nonfarm payrolls report for further guidance on the Federal Reserve’s interest rate stance. Generally, the direction is a downtrend Uptrend Side: For a bullish trend to be established, a breakout above the 2640–2664 zone...

ElenaMayi

Oil prices hovered at their highest since October on Monday as investors eyed the impact on global fuel demand from colder weather in the Northern Hemisphere and Beijing’s economic stimulus measures. Generally, the direction is uptrend Uptrend Side: The price has stabilized above 73.59, thereby enhancing the likelihood of a bullish scenario toward 75.47. If this...

ElenaMayi

The U.S. NAS100 index has stabilized within the range of 21,215 to 20,900. The 20,900 level serves as a critical resistance point, indicating strong bearish pressure if the price remains below this level. A break below 20,900 could lead to a deeper decline toward the 20,540 and 20,190 levels. However, before initiating this bearish move, the price may undergo a...

ElenaMayi

The corrective rise we previously mentioned is expected to reach the 2664 level or potentially the upper boundary of the trend channel. For today, the price is likely to fluctuate between 2664 and 2640, with a stronger inclination toward a bearish trend. We anticipate that the price will continue its bearish movement as long as it remains below 2664, potentially...

ElenaMayi

Generally, the direction is downtrend The bullish correction is expected to drive the price toward the 1.0350 level. Today, we anticipate the price will test the resistance before declining again toward 1.0350. A break below this level could potentially lead the price into a more stable zone. At present, the price is trading within two consolidation zones....

ElenaMayi Updated 

After a prolonged and strong attempt, the price successfully broke the 1.0350 support level, confirming the continuation of the bearish trend in the upcoming sessions. A 4-hour candle close below this level will further reinforce the bearish momentum, driving the price toward 1.0300. Should it fall below this level, the next target will be 1.0218. The bullish...

ElenaMayi Updated 

Generally, the direction is an uptrend. Currently, the price is trying to break the resistance of 71.57. Any breaking below this level will be an uptrend until 73.59 and above it 75.47. However, trading below 71.57 will be more between this level and the support of 70.50, but if it breaks 70.50 again, the price will consolidate between this level and the support...

ElenaMayi Updated 

Generally, the direction is a downtrend Uptrend Side: To maintain the bullish trend, the price must remain within the bullish channel and stabilize above 21,215. Additionally, it is crucial to breach the range between 21,415 and 21,615 to further confirm the uptrend. However, if the price remains below this barrier, the bearish trend will persist, particularly if...

ElenaMayi

Generally, the direction is an uptrend All price attempts are directed toward breaking and stabilizing above the 2,640 resistance level. Successfully surpassing this level would likely lead to a retest of the price point that was lost two weeks ago. However, if the price breaks above it, there remains the possibility of another decline in the upper boundary of...

ElenaMayi

Gold prices rose slightly in trading on Tuesday, the last trading day of an eventful year, as the yellow metal achieved its best annual performance in more than a decade. Summary: The price may rise to 2623, undergo a correction, and subsequently initiate a bearish trend. Generally, the direction is a downtrend. Downtrend Perspective: Should trading persist...

ElenaMayi Updated 

Gold prices ticked up on Monday, while investors looked forward to the U.S. Federal Reserve’s interest rate outlook and President-elect Donald Trump’s tariff policies, which could shape the metal’s 2025 trajectory. Generally, the direction is a downtrend. Downtrend Side: If trading continues below 2640, the bearish trend is expected to remain active, targeting...

ElenaMayi Updated 

Stock futures were slightly lower early Monday ahead of the last few trading sessions of 2024. Generally, the direction is uptrend Uptrend Side: the price should break the resistance of 5997, especially if it breaks 6026, and will enter the consolidation high zone. Downtrend Side: The levels of 5,997 and 6,026 act as notable catalysts influencing the price to...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price appears to be approaching its final corrective phase. To generate sufficient upward momentum to break through the upper boundary of the channel, any breakout is likely to support further price increases, potentially reaching 159.24 and, subsequently, 169.69. Downtrend Side: To confirm the establishment...

ElenaMayi

Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to assess growth in the world’s two largest oil consumers. Generally, the direction is consolidation Summary: The price has been stable for an extended period between two strong zones: the upper range at...

ElenaMayi

Stock futures ticker lower early Friday as investors look to end the holiday-shortened week on a strong note. Generally, the direction is uptrend Uptrend Side: The price is currently trading near the most recent high resistance level, increasing the likelihood of a rise toward 22,110 and potentially surpassing its new high level of 22,660. Downtrend Side: For a...