SroshMayi

SroshMayi

EUR/USD: Bearish Trend Expected to Persist Below Key Level of 1.1082 The EUR/USD currency pair is currently exhibiting a bearish trend. As long as the price remains below 1.10820, the downward momentum is likely to continue, potentially targeting the 1.10050 level, followed by 1.0979. Conversely, if the price stabilizes above 1.10820, this could signal a shift...

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Nasdaq Technical Analysis The Nasdaq price has stabilized below the pivot line at 19,535, signaling a bearish trend, particularly given the significant bearish volume below this level. As long as the price remains under 19,535 and 19685, it will likely continue declining, potentially reaching 19370 and 19185. However, a break above 19685, followed by 19820 and...

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Gold Futures Technical Analysis Current Outlook: The price has dropped from its all-time high (ATH) and has reached our previously mentioned targets and again about reaching ATH. The downward momentum continues toward 2500, as long as the price remains below 2526. GOLD while above 2516 will consolidate between 2516 and 2531 till breaking, and If the price...

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Gold Futures Technical Analysis Current Outlook: The price has dropped from its all-time high (ATH) and has reached our previously mentioned targets and again about reaching ATH. The downward momentum continues toward 2500, as long as the price remains below 2526. GOLD while above 2516 will consolidate between 2516 and 2531 till breaking, and If the price...

SroshMayi

The price reached our targets perfectly, The US30 is expected to consolidate between 41,345 and 41,030 until a breakout occurs. Stability above 41,365 will support a rise towards 41,760. Stability below 41,365 will favor a decline towards 41,030, with a move below this level indicating a bearish trend to 40800 and 40480 Key Levels: Pivot Line: 41345 Resistance...

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Nvidia Meets Expectations, But Market Reaction is Muted Nvidia delivered results that met expectations, but the market's reaction was underwhelming. This subdued response is in line with what we've seen across the tech sector this earnings season, where even companies that exceed projections face a lukewarm reception. These stocks are highly valued and have...

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Stocks Rise Before the Open as Investors Await U.S. Economic Data S&P 500 Technical Analysis: The price recently Rejected its support zone and has subsequently rebounded, indicating a potential retest. The current outlook suggests that as long as the price remains below 5620, a bearish trend is likely to develop, to 5584. A break below this level could...

SroshMayi Updated 

Futures Inch Up with Focus on Interest Rates and Nvidia Results The price reached its all-time high as we anticipated yesterday before pulling back. The US30 is expected to consolidate between 41,345 and 41,030 until a breakout occurs. Stability above 41365 will support a rise towards 41760. Stability below 41365 will favor a decline towards 41030, with a...

SroshMayi Updated 

S&P 500 Technical Analysis: The S&P tries to get their ATH and then will start a bearish trend if it can stabilize under 5675 or 5709. It will get 5584 and then should break 5584 to be a strong bearish trend this week. Otherwise, if the price stabilizes above 5675 it will touch 5709, and stabilizing above 5709 will start a new bullish area Key Levels: Pivot...

SroshMayi Updated 

Futures Edge Higher on September Rate-Cut Bets; Nvidia Results in Focus Nasdaq Technical Analysis The price rejected from the resistance trend which is 19680, stability under 19525 will support falling to get 19185, and below it will get 18760 otherwise, stability above 19680 will support a bullish trend toward 19970 Pivot line: 19525 Resistance Line:...

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NVIDIA Technical Analysis and Earnings Overview Technical Analysis: Looking at the daily chart for NVIDIA (NVDA), the stock has been trading within an upward channel, indicating a continued bullish trend. The current price is around $128.30, within a key resistance zone just below $135.63. - Support Levels: Primary Support: $115.11 - This is a...

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Bitcoin Price Slides Below $60,000 Amid Profit-Taking and Fed Concerns Bitcoin's price fell below $60,000 on Wednesday, dropping 4.8% to $59,105 over the past 24 hours. The decline comes as optimism about Federal Reserve interest-rate cuts faded, causing the cryptocurrency to lose momentum. Over the past three months, Bitcoin has slipped 12% and is now trading...

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Gold Futures Slip as Market Looks for Signs of U.S. Economy Strength Gold Futures Technical Analysis Current Outlook: The price has dropped from its all-time high (ATH) and has reached our previously mentioned targets. The downward momentum continues toward 2500, as long as the price remains below 2516 and 2526. GOLD while above 2500 will consolidate between...

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Oil Extends Losses for Second Session WTI crude oil futures fell below $75 per barrel on Tuesday, extending a 2.4% decline from the previous session amid concerns over weakening global demand and economic uncertainty. Technical Outlook: The bearish trend is expected to continue toward the support zone at 72.72. A break below 71.78 would likely lead to further...

SroshMayi

Gold Futures Technical Analysis Current Outlook: The price has dropped from its all-time high (ATH) and has reached our previously mentioned targets. The downward momentum continues toward 2500, as long as the price remains below 2516. If the price remains below 2516, the bearish trend is expected to persist, targeting 2500 and 2475. Conversely, a bullish trend...

SroshMayi Updated 

Gold Futures Technical Analysis: Bearish Momentum Likely Unless Key Resistance is Broken Current Outlook: Gold futures have once again reached their all-time high (ATH). However, as long as the price remains below 2526, it is expected to stabilize within a bearish trend, potentially declining to 2516 and 2500. A drop below 2500 would likely extend the bearish...

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US Dollar Mixed Early Monday; Focus on GDP and PCE Price Data The EUR/USD has firmly established itself in a bullish zone after breaking through this year’s resistance and stabilizing above it. As long as the pair continues to trade above 1.11420 and 1.10830, the bullish trend is expected to persist, with a target of 1.12570 during the week. There remains a...

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Futures Edge Higher on September Rate-Cut Bets; Nvidia Results in Focus U.S. stock index futures ticked up on Monday as investors turned their attention to Nvidia’s highly anticipated earnings and a key inflation report due later in the week. Optimism surrounding a potential rate cut by the Federal Reserve in September also supported market sentiment. Nasdaq...