Hello everyone, Dow Jones 6H NEW FORECAST The price of the index maintained its negative base below the barrier centered at 36330. We notice the beginning of the formation of bearish corrective waves, thus touching the level of 36070. We would like to note that the arrival of the Stochastic indicator towards the oversold level will increase the chances of the...
Hello everyone, USNAS100 6H NEW FORECAST The index price presented a new negative close below the barrier centered at 16080, forming some additional negative waves to settle near 15835. We would like to note that the attempt to present the Stochastic indicator of negative momentum by sneaking below the 50 levels will increase the negative pressure on the current...
Hello everyone, GBPJPY 6H NEW FORECAST Yesterday, the pair's price tried to compensate for some losses by rushing towards 186.20, thus confronting the 55-moving average axis, which strengthens the stability of the additional barrier positioned at 186.35. We notice that it sneaked back in a negative way towards 185.85. We reiterate that the price continuing...
Hello everyone, GBPUSD 6H NEW FORECAST The GBP/USD pair faced negative pressure yesterday to break the 1.2590 level and close the daily candle below it. By closely looking at the chart, we find that the price has completed the formation of a double top pattern that supports the chances of achieving negative trades, mainly targeting the 1.2513areas. ...
Hello everyone, EURUSD 6H NEW FORECAST The EUR/USD pair is testing the pivotal support level of 1.0760 without being able to break it yet, which keeps our neutral position in place until now, as we wait for this support to be broken or the resistance to be breached at 1.0860 to confirm the next trend more clearly. We point out that breaching the resistance...
Hello everyone, GOLD 6H NEW FORECAST Gold price is making attempts to breach the sub-resistance 2028.00, reinforcing expectations of a rise for today, recalling that we are mainly waiting to visit the 2052 level. The Stochastic indicator provides positive signals that support the expected rise, which is organized within the ascending channel shown in the...
Hello everyone, USNAS100 6H NEW FORECAST Although the index price formed an upward wave yesterday and stabilized near 15975, this will not enable it to renew the main upward path due to the repeated stability below the barrier centered at 16080. Therefore, we will continue to wait for the price to succeed in gathering the negative momentum, to facilitate the...
Hello everyone, Dow Jones 6H NEW FORECAST The index price repeated its formation of a sideways fluctuation below the barrier represented by the level of 36330, trying to capture the negative momentum required to activate the bearish corrective path suggested previously. We are reminded of the positioning of the negative targets near the level of 35910, and by...
Hello everyone, EURUSD 6H NEW FORECAST The EUR/USD pair confirmed breaking the 1.0860 level after ending yesterday's trading below it, turning lower and heading towards achieving negative targets starting with testing the 1.0742 level, making a bearish bias likely for today. The moving average 50 forms negative pressure that supports the expected decline,...
Hello everyone, GOLD 6H NEW FORECAST Gold price is making attempts to breach the sub-resistance 2028.00, reinforcing expectations of a rise for today, recalling that we are mainly waiting to visit the 2052 level. The Stochastic indicator provides positive signals that support the expected rise, which is organized within the ascending channel shown in the...
Hello everyone, WTI Oil 6H NEW FORECAST The oil price achieved an initial breakthrough to the 77.86 level and is trying to stabilize above it, which requires attention in the upcoming trading, as confirmation of the breakthrough will push the price to recover and achieve gains up to 81.80. The Stochastic indicator is showing negative signs that may push the...
Hello everyone, USNAS100 6H NEW FORECAST The index price announced that it postponed the upward push by sneaking below the additional stable support at 15855.00 yesterday, incurring some losses by touching the 15720.00 level. In general, negative fluctuation is below the barrier represented by the level of 15835, in addition to presenting the Stochastic...
Hello everyone, SPx500 6H NEW FORECAST The index price returned to provide bearish corrective trades after touching the 4600 level, to be affected by the conflict of the main indicators, specifically with the Stochastic indicator falling again below the 80 level, which conflicts with the general stability within the upward path. The price may currently...
Hello everyone, GBPUSD 6H NEW FORECAST Trading in the British pound against the dollar pair rebounded significantly after testing the 1.2720 level in the past sessions, approaching the pivotal support of 1.2590, noting that the 50 moving average constitutes good support in front of the price, accompanied by the emergence of clear positive signals through the...
Hello everyone, GOLD 6H NEW FORECAST The price of gold continued to decline to reach the first negative target of 2035, and we expect the bearish bias to continue to test the ascending channel support around the 2000 barrier so that the bearish bias remains expected in the immediate term. Breaking 2030.00 will make it easier for the price to achieve the...
Hello everyone, SPx500 6H NEW FORECAST The index price began to receive additional positive momentum with the Stochastic indicator rushing again towards the 80 level, confirming the positive continuity previously suggested by its positioning at 4595.00. We expect the price to soon form new ascending waves to attack the recently achieved peak represented by the...
Hello everyone, GBPJPY 6H NEW FORECAST During Friday's trading, the pair's price was exposed to strong negative pressure. We noticed that it sneaked below the 186.25 level, forming a negative two-peak pattern. We noticed that it incurred some losses by touching the 185.50 level. Despite the general stability within the axes of the ascending channel, the...
Hello everyone, GBPUSD 6H NEW FORECAST The British pound pair against the dollar resumed its significantly positive trading, touching our first target at 1.2720, and facing strong resistance there, as it shows some bearish bias now, affected by the negativity of the Stochastic indicator, waiting to gather positive momentum that will contribute to pushing the...