Hello everyone, GBPJPY 4H NEW FORECAST In yesterday's trading, the pair's price resumed its upward momentum, moving away from the additional support centered near 194.40. We notice its fluctuation near the first additional target represented by the level of 196.50. We point out that the continued presentation of the main indicators of positive momentum calls...
Hello everyone, SPx500 4H NEW FORECAST The price is anticipated to continue its bullish trend towards 5243, after which it is expected to commence a downward movement upon stabilizing below this threshold. A reversal below 5225 would likely confirm the continuation of a bearish trend, targeting levels of 5206 and 5182 . Pivot Line : 5225 Resistance Line :...
Hello everyone, WTI Oil 4H NEW FORECAST The price of oil shows additional negative trading at the opening of the day, reaching the outskirts of the 78.32 level, and we expect the negative pressure to continue to break this level and open the way to achieving additional negative targets that reach the 77.59 areas as the next main station. Therefore, the...
Hello everyone, Dow Jones 4H NEW FORECAST The index price saw a new bullish push and approached the additional target at 39798. Trading stability above the 39559 level enhances the chances of the price gathering positive momentum to breach the 39798 level. Forming a temporary sideways oscillation that requires greater stability. Pivot Line : 39559 Resistance...
Hello everyone, USDJPY 4H NEW FORECAST The narrow range dominates the recent trading of the dollar price against the yen, which remains stable near the 155.66 level, maintaining its stability above it. There is no change in the expected bullish trend scenario in the immediate and short term, which is organized within the ascending channel that appears in the...
Hello everyone, GBPUSD 4H NEW FORECAST The price of the pound sterling against the dollar is hovering around the moving average 50, showing narrow-range trading in the past sessions, waiting for a negative incentive that will contribute to pushing the price to resume the expected downward trend for the coming period, whose goals begin with breaking 1.2515 to...
Hello everyone, EURUSD 4H NEW FORECAST The price of the euro against the dollar shows some bearish tendency after the rise it witnessed in the past sessions, to attempt to resume the bearish wave expected in the immediate term, which aims to test the 1.0765 level initially, with a reminder that breaking this level will push the price towards 1.0742 as a next...
Hello everyone, GOLD 4H NEW FORECAST The price of gold fluctuates slightly negatively, moving around 2345, noting that the Stochastic indicator got rid of its negative momentum to reach oversold areas, waiting to stimulate the price to resume the expected upward trend in the immediate and short term, which targets the levels of 2356 and then 2375 as the next...
Hello everyone, GBPUSD 4H NEW FORECAST The GBPUSD rate is showing slight positive trading. It may be heading towards a possible test of the pivotal resistance 1.2550 before returning lower again. The downward trend scenario is valid unless the price rushes to breach the mentioned resistance and hold above it. Expected targets start at 1.2480 and extend to...
Hello everyone, WTI Oil 4H NEW FORECAST The price has breached the resistance zone and continues its upward trajectory, aiming to reach 80.40 . We anticipate a minor correction to 79.60 before the price ascends further towards 80.40 , and potentially beyond to 81.03. Conversely, a consolidation below the levels of 79.60 could indicate a downward movement...
Hello everyone, Dow Jones 4H NEW FORECAST The index price returned in yesterday’s trading to test the additional support extending towards 39092, which constitutes an essential factor in confirming the bullish scenario. We notice that the price is covered in green as a result of achieving significant gains by exceeding the first stable target at 39559 and...
Hello everyone, GOLD 4H NEW FORECAST The price of gold ended yesterday's trading with a noticeable positive note, as it breached the 2325 level and settled above it, halting the downward corrective path and heading towards resuming the main upward trend, on its way to achieving gains starting at 2393 and extending to 2431. Therefore, the upward bias will be...
Hello everyone, GBPUSD 4H NEW FORECAST The GBPUSD price finds strong support at the 1.2480 level. The 50 moving average forms negative pressure that supports the chances of continuing the expected downward trend for the coming period, whose next target reaches 1.2425 and 1.2385. We expect the bearish intraday trend, keeping in mind that a breach of $1.2515...
Hello everyone, Dow Jones 4H NEW FORECAST Yesterday, the index price succeeded in resuming the upward attack, taking advantage of the formation of the 38800 level of the neck level of the inverted two-peak pattern, which in turn confirms the dominance of the bullish scenario. We noticed that it achieved some positive goals by reaching about 39100. We would...
Hello everyone, GOLD 4H NEW FORECAST The gold price did not show any strong movement yesterday, as it remained stable around 2310 There is no change in the expected bearish trend scenario in the intraday term, which targets visiting the 38.2% Fibonacci retracement level at 2260 as the next main stop. The 50 moving average continues to support the suggested...
Hello everyone, USNAS100 4H NEW FORECAST The index price returned to offer side trading as a result of the conflict of the main indicators. We note that it was trapped between the stable barrier at 18265.00 and the additional support level positioned near 18025. We expect the price to continue to fluctuate currently between the previously mentioned axes, so we...
Hello everyone, GBPUSD 4H NEW FORECAST Trade the British pound against the dollar Analysis of performance and expectations for upcoming trades Continuous decline towards 1.2480 and beyond Breaking the support level and reaching 1.2385 as a negative target Expectations for further decline in the coming sessions Given the negative behavior of the GBP/USD rate, it...
Hello everyone, SPx500 4H NEW FORECAST The index price maintained its positive stability above the additional support centered near 5175, confirming to us that it was affected by the previously suggested upward path, and we can notice its fluctuation currently near 5210. Also, the combination of the main indicators in presenting positive momentum supports the...