Evar_Mayi

Evar_Mayi

Oil price trading stabilizes around the 75.00 barrier, waiting for a negative stimulus that will contribute to pushing the price to resume the expected bearish trend for today, whose next target is at 73.73, remembering that exceeding this level will push the price to the levels of 72.25 and then 70.78, while stability below 77.05 represents a condition. Important...

Evar_Mayi

Hello everyone, The index price lost positive momentum when the Stochastic indicator exited the overbought level, forcing it to postpone the upward attack after achieving the 4561 level, forming a temporary negative bounce, thus settling near 4550. Corrective trading may extend towards the 4500 level, forming additional support, which increases the chances of the...

Evar_Mayi

Hello everyone, The index price failed to register any new positive target due to its lack of positive momentum and continued fluctuation below the additional barrier represented by the level of 16180.00. We notice the formation of a corrective bearish creep by reaching towards 15950.00. We will now rely on the continuation of the formation of the 15800.00...

Evar_Mayi

Hello everyone, Recently, the index price continued to form weak sideways trades, and we noticed its fluctuation near 35330, affected by the stability of the barrier represented by the 35500 level, which in turn hinders the chances of resuming the main upward attack. Also, the attempt to infiltrate the Stochastic indicator towards the oversold level confirms that...

Evar_Mayi

Hello everyone, The British pound against the dollar pair maintains its stability above the 1.2590 level, and therefore, there is no change in the expected bullish trend scenario for today, which targets the 1.2654 level as the next main station, with a reminder that the continuation of the upward wave requires stability above the 1.2590 level. Pivot Price:...

Evar_Mayi

Hello everyone, The EUR/USD pair touched the level of 1.0949 and found strong resistance there, and it may have to have some temporary bearish bias until it obtains a positive incentive that pushes the price to exceed this level and then opens the way to rush toward our next positive station, which reaches 1.0988. Therefore, we continue to favor the upward...

Evar_Mayi

Hello everyone, GOLD NEW FORECAST The price of gold is trading at the support of the ascending channel that appears in the chart above, and according to the rules of trading within price channels, the price is on its way to rebound upwards and start an upward wave in the immediate term, targeting to visit the 2007 level initially. and then to get the second...

Evar_Mayi

Hello everyone, The price of oil is fluctuating quietly positively, approaching the moving average of 50, which constitutes sub-resistance in front of the price, and we still expect the bearish bias in the intraday term with the price remaining below 77.86, waiting to test the 74.81 level as the next main target. It should be noted that breaching 77.86 will stop...

Evar_Mayi

Hello everyone, The index price provided more positive closings above the additional support positioned near 16000\, thus confirming its readiness to resume the previously expected upward attack with its repeated fluctuation near 16060.00. The current attempt to sneak the Stochastic indicator towards the overbought level will provide the price with new positive...

Evar_Mayi

Hello everyone, The index price confirmed its entry into a temporary sideways slumber by submitting repeated closings near the 35335 level, trying to counter the negativity of the Stochastic indicator, which is currently stable below the 50 level, which in turn contradicts the general stability within the upward path, relying on the continued formation of the...

Evar_Mayi Updated 

Hello everyone, The British pound against the dollar pair faced negative pressure yesterday evening to test the first pivotal support 1.2460, and we noticed that the price consolidated above this level and began to rise again, stimulated by the positivity of the Stochastic indicator, which is clearly visible now, awaiting further rise during the coming...

Evar_Mayi

Hello everyone, The EUR/USD pair is fluctuating in a narrow path now, and we notice that the Stochastic indicator is getting rid of its negative momentum to head toward the oversold areas, waiting for a positive incentive to be provided that will contribute to pushing the price to resume the expected upward trend in the immediate term, whose goals begin by testing...

Evar_Mayi

Hello everyone, The price of gold is trading at the support of the ascending channel that appears in the chart above, and according to the rules of trading within price channels, the price is on its way to rebound upwards and start an upward wave in the immediate term, targeting to visit the 2009 level initially. Therefore, an upward bias will be likely for...

Evar_Mayi Updated 

Hello everyone,The index price was forced to offer some side trading after recently touching the 4570.00 level, to be affected by the attempt of the Stochastic indicator to exit the overbought level, as shown in the attached drawing, and settle near 4550.00. We would like to remind you that repeated stability above the additional support represented by the...

Evar_Mayi Updated 

Hello everyone,Despite the weakness of the index price’s recent trading and its stability near 35170, this will not affect the main upward path by providing repeated closings above the additional support stable at 34930. Likewise, an attempt to position it within the axes of the ascending sub-channel shown in the attached drawing will increase the chances of it...

Evar_Mayi

The index price did not move anything until this morning’s trading due to the conflict of the negativity of the Stochastic indicator in the face of general stability within the upward path. We note that it presents a sideways fluctuation near 16060. We expect the price to resume sideways fluctuation until it gathers additional positive momentum to enable it to...

Evar_Mayi

Hello everyone, The index price took advantage of its stability within the axes of the ascending sub-channel to form a new upward wave by reaching the stable target at 35360 and then fluctuating near it. We would like to note that the attempt to exit the Stochastic indicator from the overbought level may force the price to provide some sideways fluctuation, except...

Evar_Mayi

Hello everyone, The EUR/USD pair tested the support level of 1.0860 and bounced upwards from there, so that the upward trend remains active in the intraday term, which aims to test the 1.0960 level as a first stop, remembering that breaching this level will extend the bullish wave to reach 1.0988. Technical indicators support the continuation of the proposed...