Hello everyone, EURUSD 6H NEW FORECAST The EUR/USD pair made an attempt to break the 1.0860 level, but ended last Friday's trading above it, maintaining its positive stability and keeping the bullish trend scenario active for the coming period, waiting to test the 1.0960 level as a first stop, remembering that breaching this level will push the price to 1.1075...
Hello everyone, GOLD 6H NEW FORECAST The price of gold opened today's trading with a strong rise, exceeding our expected target at 2075 and recording new historical levels that reached 2146. It declined quickly to settle around the first level, which now constitutes important support after its breach, and we are likely to resume the upward trend to achieve...
Hello everyone, Dow Jones 6H NEW FORECAST The index price began to form a new positive creep, thus maintaining its stability above 35500, confirming its readiness to resume the main upward attack, currently touching the 35630 level We notice from the attached drawing that the Stochastic indicator is trying to sneak towards the overbought level, increasing the...
Hello everyone, USNAS100 6H NEW FORECAST Yesterday, the index price collided with the additional stable barrier at 16185, hindering the attempt to resume the upward attack despite its general positioning within the axes of the ascending channel. We noticed that it was once again attracted towards 16080. We expect trading to be confined currently between the...
Hello everyone, SPx500 6H NEW FORECAST The price of the index is still affected by the negativity of the Stochastic indicator. We noticed its rebound yesterday after touching the 4588 level and presenting a sideways fluctuation near 4561. We would like to remind you of the importance of trading remaining above the additional support centered at 4500.00, to...
Hello everyone, GBPJPY 6H NEW FORECAST The pair's price confirmed its surrender to the control of the bearish corrective tendency by touching the level of 186.64 yesterday, approaching the previously expected negative target. Negative trading will remain in place for the current period, relying on repeated stability below 187.05in addition to the presentation of...
Hello everyone, GBPUSD 6H NEW FORECAST The pound sterling pair against the dollar is trading with noticeable negativity, starting pressure at the 1.2665 level and heading towards a possible shift to the downside, and we expect the bearish tendency to continue, visiting the 1.2590 level as a main negative target. From here, a downward trend will be expected...
Hello everyone, EURUSD 6H NEW FORECAST The EUR/USD pair faces strong negative pressure to break the 1.09075 level and attack the support of the ascending channel, providing signs of a downward trend for the rest of the day, on its way to visiting the 1.0866 level as the next negative target. Therefore, a bearish bias will be likely during the coming sessions...
Hello everyone, GOLD 6H NEW FORECAST The gold price has been showing sideways trading since the morning and is affected by the negativity of the Stochastic indicator to fluctuate slightly negatively, waiting for the resumption of the expected bullish wave in the immediate and short term, whose next target is at 2055, keeping in mind that continuing the decline...
OANDA:NAS100USD NASDAQ100 INDEX reached the resistance zone to continue the bullish trend should stable above the resistance zone which is 16190 to get 16280 and 16580 but as long as trades below the resistance zone 16080 it means has a bearish trend to get the support lines located at 15840 and 15650 GDP will affect the NASDAQ negatively if released as a...
Hello everyone, Dow Jones 4H NEW FORECAST The index price renewed its positive attempts by rushing towards 35500 yesterday, trying to get rid of the effect of the downward corrective path and move to the next positive stage with the support of the Stochastic indicator, which is currently stable near the 80 level. The price is required to provide a new positive...
Hello everyone, EURUSD 4H NEW FORECAST The EUR/USD pair presented some bearish bias this morning, but it is returning to try to rise again, so that the bullish trend scenario remains valid and effective for today, supported by the moving average of 50, noting that we are waiting to visit the 1.1075 level as a main next station, while the continuation of the...
Hello everyone, GOLD 4H NEW FORECAST The 50 moving average continues to support the proposed bullish wave, taking into account that failure to surpass the current resistance around 2052 will put pressure on the price to decline toward the pivotal support level of 2007 before any new positive attempt.
Hello everyone, GOLD NEW FORECAST The gold price is showing new positive trading after basing itself on the 2007 level in the past sessions, to support the continuation of the upward trend during the coming sessions, organized within the ascending channels that appear in the chart above, noting that our next target is at 2022. The current negativity of the...
Hello everyone, EURUSD NEW FORECAST The EUR/USD pair returns to the rise after the decline it witnessed yesterday evening, to begin testing the 1.0960 level again, waiting for this level to be breached to confirm the continuation of the upward wave and head towards the 1.1080 level as the next positive station. Technical indicators provide positive signals...
Hello everyone, GBPUSD NEW FORECAST The British pound pair against the dollar has been fluctuating in a narrow path since the morning, waiting for the resumption of the expected bullish wave for today, which depends on stability above the 1.2590 level, waiting to head towards 1.2654 as the next main target, noting that breaching this level will extend the...
US30 (Temporarily Bearish) Hello everyone, Dow Jones 4H NEW FORECAST The index price has not moved anything since yesterday's trading by presenting new sideways trades near 35428, affected by the continued conflict of the main indicators, thus maintaining its stability below the barrier centered at 35500. The scenario for the current period depends on the...
Hello everyone, GBPJPY NEW FORECAST Yesterday, the pair's price activated the downward corrective attack to move away from the stable barrier at 188.60, thus touching the first stable corrective target at 187.05 and settling near it. We notice that the Stochastic indicator is currently sneaking towards the oversold level to increase the negative pressure on the...