Nasdaq Technical Analysis Markets Remain Volatile Awaiting Jobs Data Next Outlook: The price is expected to consolidate between 17,900 and 17,590 until a breakout occurs. Bullish Scenario: For a bullish trend to develop, the price needs to stabilize above 17,900 by closing a 4-hour candle above this level, which could support a rise towards 18,420. Bearish...
Futures Waver on Anxiety Ahead of Jobs Data Current Outlook: The price is expected to consolidate between 38,790 and 38,580 until a breakout occurs. Bullish Scenario: For a bullish trend to emerge, the price needs to stabilize above 38,790 and close a 4-hour candle above this level. Bearish Scenario: If the price drops to touch 38,580, it should break this...
Continued Volatility in the Markets Investors should brace themselves for continued market whiplash, as Thursday's trading session indicates that volatility remains a significant concern. The S&P 500 (SPX) has stabilized within a bearish trend, targeting 4923 soon. The current volatility and technical indicators suggest bearish momentum. Bullish Scenario: For a...
EUR/USD Analysis: Key Scenarios and Expected Movements, Bullish Scenario: As long as the price trades above 1.0917 will support rising toward 1.1000 , above it will be bullish area Bearish Scenario: The bearish trend will be activated by closing 4h candle under 1.0917 to get 1.0862 Key Levels: - **Pivot Line: 1.09172 - **Resistance Levels:** 1.09970, 1.10400,...
GBPJPY Analyse The price will consolidate between 188.290 and 186.378 till breaking. there is two scenarios after breaking the pivot zone Bearish Scenario: stability under 186.378 by closing 4h canlde will supporr falling to get 184.120 and 182.450 then should stabilize under it to get a next bearish station 177.930 Bullish Scenario: the price should break...
Nasdaq Technical Analysis: Futures rally as Big Tech extends recovery Next Outlook: The price reached their resistance at 18430, so as long as trades on it means bearish trend. Bullish Scenario: Stability above 18435 will support rising to get 18625 and 18930 Bearish Scenario: As long as the price trades below 18435 will drop to touch 18145 and 17880 Key...
Metal Prices Mixed; Gold Flat as Investors Rotate into ETFs Technical Analysis: Gold Current Outlook: It looks like consolidating between 2397 and 2387. Bullish Scenario: Stability above 2397 could extend the bullish trend towards 2408 and above 2420 Bearish Scenario: Stabilization below 2397 could support a decline to 2387 and should break 2387 to be...
Stocks Drop as Early Relief Fades Global stocks retreated on Tuesday, surrendering earlier gains as the uncertainty from the previous day's aggressive selloff weighed on investor sentiment. This occurred despite central bank officials making reassuring statements to calm the markets. Current Outlook: The price is trading in a critical zone, indicating potential...
Mixed Metal Prices Amid Rising Tensions Gold prices are inching upward, recovering about half of Monday's losses, as tensions escalate over potential Iranian retaliation against Israel. Following the death of Hamas leader Ismail Haniyeh last week, Iran has openly vowed retribution, stoking concerns of an imminent attack. Global conflicts and political...
Nasdaq Technical Analysis: The price reversed and reached their resistance which is 18420 and now should stabilize above 18435 to be bullish trend Next Outlook: The price still has a bearish trend toward 17875 and 17360 as long as trades under 18140 Bullish Scenario: The price should reverse to above 18145 and close 4h candle above it to get 18435 and above...
Stocks Rebound in a Dramatic Turnaround Global stocks rallied on Tuesday, partially reversing some of the previous day's significant declines. The market is expected to consolidate between 5,281 and 5,192. This advanced sentence retains the original meaning while using more sophisticated language. Bullish Scenario: For a shift to a bullish trend, the price...
USD/JPY Dynamics: A Historical and Policy-Driven Analysis of the Bank of Japan's Impact Historical Context and Market Reactions The COVID-19 pandemic led to some of the most extreme market reactions in recent history. During this period, global bond yields spiked in a highly risk-off environment, defying expectations that they would fall as investors sought...
Japan Confirms Currency Intervention Over the Past Month TOKYO—Japan spent 5.535 trillion yen ($36.23 billion) on currency intervention between June 27 and July 29, according to data from the Ministry of Finance. This confirms that Japan engaged in currency intervention again last month, following nearly Y10 trillion spent earlier this year. Market Volatility...
Gold Regains Ground; Base Metals Decline Amid Market Uncertainty 1. Technical Analysis: Gold Current Outlook: Gold prices have dropped but are nearing their support line at $2,397. A rebound is expected as long as prices remain above this level, potentially pushing towards $2,428 and $2,450. Bullish Scenario: If gold stabilizes above $2,397, the bullish...
Bitcoin and Ether Plunge Amid Recession Fears 1. Technical Analysis: Bitcoin Current Outlook: Bitcoin's price has dropped to the demand zone and may potentially break this level. However, the price is likely to consolidate between $52,790 and $49,450 until a breakout occurs. Bullish Scenario: If Bitcoin remains above $52,790, it could trend towards...
EUR/USD Nears 7-Month High Amid US Recession Fears 1. Analysis: Key Scenarios and Expected Movements Next Outlook: The EUR/USD pair is currently exhibiting an upward trend, with potential fluctuations influenced by growing concerns about the US economy. Expectations have risen for three Federal Reserve rate cuts this year instead of two. Bullish Scenario:...
U.S. Futures Plunge Nearly 4% Amid Recession Fears and Global Market Sell-Off 1. Nasdaq Technical Analysis: Last week, the Nasdaq saw a decline of approximately 10.5% due to investor fears of a recession and geopolitical tensions. Outlook: The bearish trend is expected to continue towards 17,360 and 17,020 as long as the price remains below 17,875. ...
Futures Meltdown: Sharp Decline U.S. index futures fell sharply on Monday following downbeat forecasts from Bad earnings in the second quarter and increasing geopolitical tensions. The S&P 500 dropped sharply as noted last week and continues to trend bearish. Bullish Scenario: For a shift to a bullish trend, the price needs to stabilize above 5320,...