ElenaMayi

ElenaMayi Updated 

Generally, the direction is downtrend Uptrend Side: The price should rise and stabilize above the 71.78 resistance level by closing a 4-hour candle, followed by the need for positive momentum to reach 73.59 and confirm the bullish trend. Correction: The price may rise to test the area around 71.78. Downtrend Side: As long as the price remains below 71.78, the...

ElenaMayi

The price of the NAS100 has established a level at 20,420. To initiate an upward movement, the price must break through this level. It will then encounter a strong resistance zone between 20,480 and 20,565. Trading above this zone will confirm a bullish trend. Trading below 20,420, particularly below 20,335, indicates a bearish trend toward 20,100.

ElenaMayi

Gold rallied for a fifth straight day on Monday, hitting a record high on uncertainties around the U.S. election, ongoing Middle East tensions, and expectations of central banks' interest rate cuts. Generally, the direction is uptrend Uptrend Side: With these factors in mind, the next target levels for gold are projected to reach $2,750 and $2,760. These levels...

ElenaMayi

Generally, the direction is uptrend and consolidation between 20335 and 20100. Uptrend Side: The price needs to break through the resistance at 20,335 to rise and reach the strong barrier located between 20,480 and 20,565. Successfully crossing this zone will confirm the bullish movement toward the final resistance at 20,700. Downtrend Side: The bearish trend...

ElenaMayi Updated 

Generally, the direction is uptrend Uptrend Side: Trading above 2701, and especially above 2711, will likely lead to further gains, reaching the new high of 2725. Downtrend Side: However, a reversal below 2701, and especially below 2685 with the closing of a 4-hour candle, will initiate a bearish trend. Gold prices rose in the European market on Friday,...

ElenaMayi

THE BENEFITS OF MEDITATION FOR FOREX TRADERS: ACHIEVE SUCCESS WITH A FOCUSED AND CALM MIND Forex trading presents both significant opportunities and challenges, demanding not only technical expertise but also emotional resilience. While acquiring in-depth knowledge of trading strategies and conducting thorough market analysis is essential, the ability to remain...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price has stabilized above 1.3786, which supports further upward movement to test 1.3842. A break above this level could lead the price to reach 1.3885. Downtrend Side: the price should make a strong correction to the bottom, then cross the 1.3786, 1.3736, and 1.3662 to start the bearish trend. Tendency Keys: 1.3786

ElenaMayi Updated 

Generally, the direction is uptrend Uptrend Side: The bullish trend will become active once the price experiences a strong reversal and stabilizes above 195.61, followed by crossing the zone located between 198.81 and 200.59, which will confirm the bullish trend . Downtrend Side: The continued exposure of the price to negative pressures will increase the...

ElenaMayi Updated 

Generally, the direction is an uptrend Uptrend Side: The bullish trend will remain active as long as trading continues above 147.274, with 148.943 potentially moving toward 150.483 and above 153.927. Correction: may the price fell to make a correction after touch resistance of 150.483. Downtrend Side: The price should close below 147.274 on a 4-hour candle,...

ElenaMayi Updated 

Generally, the direction is downtrend Uptrend Side: The price should revers to above 71.78. By closing 4H candle to touch the 73.59, especially if closed 75.47. Downtrend Side: The price is currently trading below 71.78 and around 69.89. Before breaking the support at 69.89, it may undergo a correction toward 71.78, then decline below 69.89 to reach...

ElenaMayi

During earnings season, strong results from major tech companies boost the NAS100 index, while weak earnings or poor guidance lead to declines. Elevated expectations mean even small misses can significantly impact the index’s direction. Generally, the direction is uptrend and consolidation between 20335 and 20100. Uptrend Side: The price needs to break through...

ElenaMayi

Gold advanced towards record highs on Wednesday as gains in non-yielding bullion were bolstered by weakness in U.S. bond yields and expected rate cuts by major central banks, with additional safe-haven support from ongoing geopolitical conflicts. Generally, the direction is uptrend Uptrend Side: will touch the last level 2684, a breaking above it will touch the...

ElenaMayi Updated 

Gold is approaching a new historical peak due to rising geopolitical tensions and expectations of U.S. interest rate cuts. Key developments include South Korea forming a coalition with the U.S. and Japan to monitor North Korea, following recent border escalations. In the Middle East, Israel's airstrikes on southern Beirut continue, despite U.S. calls for...

ElenaMayi Updated 

In the 1-hour time frame, the chart indicates a bullish trend from 2,670 to 2,684, with a potential break above this level to a new high of 2,700. However, beware: if the price closes a 15-minute or 1-hour candle below 2,670, it may continue its bearish trend toward 2,661.

ElenaMayi Updated 

The price is trading above the breakout level of 58.941. It is currently trading below the resistance at 63,410 and attempting to break above it while stabilizing. If successful, it is expected to reach 66,675, after which it will encounter the downtrend barrier. Breaking through this trend could lead the price to 68,756. About the bearish trend, the price should...

ElenaMayi

During earnings season, strong results from major tech companies boost the NAS100 index, while weak earnings or poor guidance lead to declines. Elevated expectations mean even small misses can significantly impact the index’s direction. Generally, the direction is uptrend Uptrend Side: The price needs to break through the resistance at 20,335 to rise and reach...

ElenaMayi Updated 

Generally, the direction is a downtrend Uptrend Side: The bullish trend will be activated if the price reverses and trades above 1.1032, targeting 1.1082. A break above this level, confirmed by the closing of a 1-hour candle, will likely lead to a move toward 1.1140. Correction: May the price make a correction until around the resistance of 1.1032. Downtrend...

ElenaMayi

Generally, the direction is uptrend Uptrend Side: The price must break 2661, confirmed by a 1-hour candle close, to reach 2670. Downtrend Side: As long as the price trades below 2661, and particularly if it drops below 2651, it will confirm a bearish trend toward 2638. Tendency Keys: 2661