Evar_Mayi

Evar_Mayi

The GBP/USD price is trying to surpass the support of the descending channel, reinforcing expectations of the continuation of the bearish trend for the rest of the day, which targets testing the $1.2566 level as a next stop, noting that breaking this level will push the price towards $1.2480 as a next negative target, while the expected decline will remain in...

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The EUR/USD price has been showing sideways trading since the morning, waiting for a negative incentive to push the price to resume the expected bearish trend for today, whose targets start with breaking $1.0510 to open the way towards $1.0400 mainly, noting that the continuation of the bearish trend depends on stability below $1.0600. Today's price forecast: Low

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Gold price did not show any strong movement since the morning, fluctuating around the $2585.00 level, and therefore, there is no change in the expected downtrend scenario for today, which depends on stability below the $2612.00 level, supported by the negativity of the technical indicators, reminding you that our next main target is at $2558. Pivot Line :...

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Hello everyone, GOLD 4H NEW FORECAST Gold price is trading around 2510.00 after the strong rise it witnessed in the previous sessions, and is affected by the negativity of the Stochastic indicator to show sideways trading, waiting to gather positive momentum that contributes to pushing the price to resume the upward wave whose next target is at2530 and ...

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Hello everyone, USNAS100 4H NEW FORECAST Fed Minutes: The Federal Reserve will release minutes from its last meeting, where rates were held but future cuts hinted Jackson Hole: This week's Jackson Hole event could further shake up markets. Hello everyone, USNAS100 4H NEW FORECAST If the price stabilizes above 19700, confirmed by a 4-hour candle close, it...

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Hello everyone, GOLD 4H NEW FORECAST A rebound is expected as long as prices remain above this level, potentially pushing towards 2472 and $2483. If gold stabilizes above $2460 , the bullish trend could extend towards $2472 , and above $2483, aiming for $2490 and $2500. Stabilization below $2460 could support a decline to $2451, and further down to...

Evar_Mayi

Hello everyone, EURUSD 4H NEW FORECAST Currently, the price is moving between 1.08750 and 1.08607 when it breaks one of them. Stability at 1.08750, the 4-hour candle closes in terms of if that price and moves forward to reach targets of 1.09024 and 1.09312 However, if you stabilize below 1.08607, you will start falling to 1.08453 and 1.08209

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Hello everyone, GOLD 4H NEW FORECAST We indicated yesterday that gold would start falling to reach 2391. That target was achieved If the price stabilizes below 2404, it will start to decline to the target of 2391 and then 2376 will become the main target until it reaches 2361. If it remains below 2361, the decline will continue However, if you stay above...

Evar_Mayi

Hello everyone, GOLD 4H NEW FORECAST Gold prices are currently under downward pressure If the price stabilizes below 2404, it will start to decline to the target of 2391 and then 2376 will become the main target until it reaches 2361,If it remains below 2361, the decline will continue. However, if you stay above 2404 you will touch 2418. If you close the 4...

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Hello everyone, Dow Jones 4H NEW FORECAST The price dropped and broke the 39092 then continued the bearish trend To initiate an uptrend, the price must be stable above 39092 , potentially moving towards 39092 . Stability above 2320 would also support a bullish push, with the price fluctuating between 39307 and 39450. A 4-hour or 1-hour candle closing below...

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Hello everyone, GOLD 4H NEW FORECAST As long as the price trades below 2330, the bearish trend is likely to persist, with targets at 2314and 2302, supported by strong bearish volume. For a bullish reversal, the price needs to rise above 2330, aiming for targets of 2347 and 2371. Pivot Line: 2330 Resistance Levels: 2347, 2371, 2393 support Levels: 2314, 2302, 2372

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Hello everyone, GOLD 4H NEW FORECAST Therefore, we continue to expect a downward trend for the coming period. The price of gold is testing the neck line of the head and shoulders pattern that appears in the chart, waiting for a break of this level at 2329 to activate the negative impact of the aforementioned pattern and then rushing to conduct a downward...

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Hello everyone, USNAS100 1D NEW FORECAST In yesterday's trading, the index price succeeded in recording the first stable positive target at 18180, which constituted an immediate obstacle to bullish trading. We noticed the formation of an immediate negative bounce, testing additional support extending towards 18170 The conflict of the main indicators currently...

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Hello everyone, WTI Oil 4H NEW FORECAST The price is anticipated to continue its bullish trend towards 80.98, after which it is expected to commence a downward movement upon stabilizing below this threshold. A reversal below 80.03would likely confirm the continuation of a bearish trend, targeting levels of 79.22 and 78.60. Pivot Line : 80.03 Resistance Line :...

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Hello everyone, GBPUSD 4H NEW FORECAST Closing a 4-hour candle above 1.2744 suggests it will likely reach 1.2769 , with the potential to touch 1.2794 as well. However, if the price remains below 1.2744 , it indicates a drop back to 1.22717 as the first target. Pivot Line : 1.2744 Resistance Line : 1.2769 , 1.2794 , 1.2818 Support Line : 1.2717 , 1.2688 , 1.2646

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Hello everyone, GBPJPY 4H NEW FORECAST Currently, the price should break 200.18 to be a downtrend till 199.59 , so a breach of 200.18 means will continue the bearish trend toward 199.59 and 199.00., otherwise, stability above 200.70 again will try to touch 201.25 and 201.85 . Resistance Line : 199.59, 199.00, 198.25 Support Line : 201.25, 201.85, 202.50

Evar_Mayi

Hello everyone, GOLD 4H NEW FORECAST The price of gold focused on the level of 2340 and began to provide positive trades, facing the moving average 50, which constitutes a strong resistance at 2360 , waiting for this level to be breached to enhance expectations for the continuation of the upward trend during the coming period, remembering that our expected...

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As of May 2024, the U.S. national debt stands at approximately $34.58 trillion. The U.S. national debt is the total amount of money that the federal government owes to creditors. It is a result of the government borrowing money to cover budget deficits, which occur when government spending exceeds revenue. Here are some key points about U.S. debt: Components of...