Gold Futures Surge Amid Middle East Tensions and Fed Rate Cut Speculations Gold futures soared to a new all-time high last week, driven by escalating tensions in the Middle East and increased expectations of a Federal Reserve rate cut. The geopolitical situation remains highly volatile, maintaining a bullish outlook for gold prices. Technical Analysis: Gold ...
Technical Analysis: US30 Current Outlook: The price reached its resistance line which is 41055 and then stabilized under it, today will consolidate between 41055 and 40650 till breaking Bullish Scenario: To initiate an uptrend, the price must break above 41055, potentially reaching 41360. Bearish Scenario: As long as the price remains below 41055, it...
S&P 500 Futures Rise as Rate-Cut Hopes Prevail; Meta Surges The S&P 500 has reached its resistance line. As long as the price remains below 5,549, it will continue to trade within a bearish trend. Bullish Scenario: For a shift to a bullish trend, the price needs to stabilize above 5,549, potentially reaching 5,584. Bearish Scenario: If trading continues below...
Nasdaq Futures Climb on Upbeat Meta Results and Fed Cut Hopes; Amazon and Apple Earnings Awaited Technical Analysis: The price has reached the resistance line as previously mentioned. Next Outlook: For the Nasdaq to maintain its bearish trend, it must stabilize below the resistance line at 19,625, targeting a move towards 19,220. Bullish Scenario:...
Gold Technical Analysis: Resistance Reached Amid High Volatility and Geopolitical Tensions Gold has reached the resistance level mentioned in the previous analysis, which is $2,466, marking an increase of approximately $26. Current Outlook: The price is expected to retest the levels around $2,450 or $2,440 before potentially pushing higher again. There is...
Futures Decline Sharply Amid Economic Concerns; Focus on Jobs Report Technical Analysis: US30 Current Outlook: The US30 index has dropped approximately 2.50% from the previously noted resistance level of 41,055. Today's trading is expected to be highly sensitive and volatile due to the impending jobs data release. Bullish Scenario: For an uptrend to commence,...
Nasdaq Technical Analysis and Market Outlook: Recession Risks and AI Concerns The Nasdaq index experienced a significant decline, falling from its strong resistance level of 19,625, as we noted yesterday, and plummeting by approximately 5.20%. Outlook: For the Nasdaq to sustain its bearish trajectory, it needs to stabilize below the demand zone, which lies...
Gold Futures Hit Record High Amid Middle East Tensions and Fed Rate Cut Hints Gold futures reached a new all-time high in Asian trading, driven by escalating tensions in the Middle East and growing expectations of a U.S. interest rate cut by the Federal Reserve. Technical Analysis: Gold Current Outlook: Gold prices have stabilized in a bullish zone, currently...
Futures Slide as Amazon and Intel Forecasts Disappoint; Jobs Data Awaited U.S. index futures fell sharply on Friday following downbeat forecasts from Amazon and Intel. Investors are now awaiting a crucial jobs report for further insights into the labor market amid ongoing concerns over an economic slowdown. S&P 500 Analysis: Downside !!! The S&P 500 dropped...
Gold Prices Climb Above $2,420 as Traders Brace for Key Fed Rate Decision Anticipation for Fed Guidance Boosts Gold Prices Gold prices (XAUUSD) surged for the second consecutive day, surpassing $2,420, up more than $40 from yesterday’s opening level of $2,377 per ounce. This rise comes as traders prepare for the Federal Reserve's key interest rate decision,...
EUR/USD Analysis: Key Scenarios and Expected Movements Next Outlook: The EUR/USD pair is currently exhibiting a downward trend with potential fluctuations based on upcoming economic indicators and market sentiment. Bullish Scenario: For a bullish trend to be confirmed, the price needs to stabilize above the pivot line at 1.08620. If this occurs, the pair could...
Technical Analysis: Nasdaq futures lead as AMD boosts chips before Fed verdict; Microsoft drops Next Outlook: Nasdaq will reach 19215 and then should stabilize under 19100 to get 18930 then should close 4h candle under it to be a downtrend, so we need Volume stabilization above or below that zone Bullish Scenario: Closing 4h candle above 19215 will get 19500...
Stock Index Futures Rise as Focus Shifts to Fed, U.S. ADP Jobs Report, and Meta Earnings S&P 500 Analysis: Consolidation Expected Today The market is poised for potential volatility as traders await the Federal Reserve's rate decision, the U.S. ADP jobs report, and Meta's earnings. The S&P 500 is expected to consolidate today, with key movements influenced...
Technical Analysis: still Pivot zone with sensitive movement Next Outlook: the price should stabilize under 19100 to get 18930 then should close 4h candle under it to be a downtrend, so in general the consolidation will be between 19220 and 18930 till breaking Bullish Scenario: Closing 4h candle above 19215 will get 19500 and 19625 Bearish...
Technical Analysis: USOIL Current Outlook: the price remains bearish zone due to stability bearish volume under 77.94 Bullish Scenario: The price should stabilize above 77.94 to get 79.49 Bearish Scenario: As long as trades under 77.44 means will drop to 76.30 and 75.35 Key Levels: - Pivot Line: 77.40 - Support Levels: 76.30, 75.35, 72.80 - Resistance...
GOLD Price reached the support line we mentioned previously which is 2397 and is now trading under it. For Today, the price will consolidate between 2397 and 2378 till breaking, in the first will try to touch 2397, and then as long as trades under it means the bearish trend Bullish Scenario: the price will try to touch 2397 and then should break that to be a...
S&P 500 Analysis: Consolidation for today The S&P 500 reached the target we mentioned which is 5460 from 5491, however, the price today will consolidate between 5491 and 5460 till breaking Bullish Scenario: Stability above 5491 means will get 5512 and above it will get 5549 **Bearish Scenario:** As long as trades under 5491 will try to trade at the bearish...
Technical Analysis: US30 Current Outlook: The US30 has stabilized in a bearish zone, confirmed by the 4-hour candle closing below the support line at 40,650. Bullish Scenario: To initiate an uptrend, the price must break above 40,650, potentially reaching 40,800 and further towards 41,050. Bearish Scenario: As long as the price remains below 40,650, it...