SroshMayi

SroshMayi

Technical Analysis: Sustained Bullish Momentum Amid Earnings Season Next Outlook: The Nasdaq has reached its first resistance level at 20545 and has since reversed to its support line at 20385. It is expected to consolidate between 20385 and 20545 until a breakout occurs. Bullish Scenario: As long as the price remains above 20385, the targets are set at...

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Technical Analysis: Gold The price is approaching its all-time high of 2450 and is expected to consolidate between 2450 and 2428 until a breakout occurs. Bullish Scenario: If the price continues its bullish trend to reach the all-time high of 2450, closing a 1-hour or 4-hour candle above this level will support further increases towards 2466. Bearish...

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Technical Analysis: USOIL Current Outlook: The price is expected to touch 80.70 and then consolidate between 80.70 and 81.70 until a breakout occurs. Bullish Scenario: For a bullish trend to be established, the price should reverse and stabilize above 82.27, targeting 82.25 and 84.14. There is also a possibility of a bullish retest up to 81.70. Bearish...

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S&P 500 Analysis: All-Time High or Reversal? The S&P 500 is exhibiting strong bullish momentum at the start of the second quarter earnings season. This bullish sentiment is expected to drive a general upward trend with potential rotations. Bullish Scenario: To sustain the bullish momentum, the price needs to stabilize above the pivot line at 5620, potentially...

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Technical Analysis: Bullish Momentum Amid Earnings Season Next Outlook: The Nasdaq maintains a bullish trend as long as it trades above 20085. Stability below 20385 may trigger a retest down to 20085, whereas stability above 20385 indicates a potential push up to 20725. Bullish Scenario: As long as the price trades above 20385, targets are set at 20540 and...

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Technical Analysis: Gold The price exhibits a bearish trend as long as it trades below 2420, targeting 2397. Stability above 2420 would indicate a continuation of the bullish trend while remaining below this level suggests a further decline. Bullish Scenario: The price needs to break above 2420 to enter an uptrend, with targets at 2429 and 2439. Bearish...

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Technical Analysis: US30 The US30 has reached its all-time high and continues to gain, potentially targeting 40420. The momentum from earnings reports is expected to push the US30 to stabilize above 40420, aiming for 40940. Current Outlook: The price is likely to consolidate between 40420 and 40060 until a breakout occurs, with the initial target being...

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Gold Price Analysis (4-Hour Candle Timeframe) Based on the provided chart: 1. Resistance Levels: - Immediate Resistance: $2,420 - Next Resistance: $2,439 - Key Resistance: $2,450 2. Support Levels: - Immediate Support: $2,397 - Next Support: $2,387 3. Current Price Action: - The price is currently around $2,410, testing the pivot line...

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Technical Analysis: Gold The price of gold has recently surged, reaching our previously projected target of 2420, before subsequently dropping to the support line at 2397. Current Outlook: The price of gold is expected to be influenced significantly by the upcoming Producer Price Index (PPI) results. From a technical perspective, the bullish trend remains...

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Technical Analysis: New All-Time Highs and Next Outlook Next Outlook: The price has retreated from its historic high of 20800 and has stabilized below the pivot line. Bullish Scenario: For the price to stabilize in the bullish zone, it must remain above 20090. Bearish Scenario: If the bearish momentum continues, the price is expected to decline...

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Technical Analysis: Gold The price has surged, reaching our previously mentioned target of 2380. and still running to get 2397 Current Outlook: Gold's price is expected to move under the influence of the upcoming CPI report. Technically, the trend remains bullish, with the potential to reach 2397 at least. Bullish Scenario: If the CPI result is released below...

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Technical Analysis: New All-Time Highs and Next Outlook Based on CPI Results Next Outlook: The price continues to follow a bullish trend towards the next key level of 20900. The price is expected to consolidate between 20400 and 20900 until a breakout occurs, initially aiming to reach 20900. Bullish Scenario: As long as the price remains above 20400, the...

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Technical Analysis: New All-Time Highs and NFP Implications Today's Outlook: The price has recently surged past previous high levels, trending towards a new all-time high around 20410. A retest of this level might occur, potentially driving the price down to 20100. However, today's Non-Farm Payroll (NFP) announcement is expected to significantly impact market...

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Technical Analysis: Gold The price pushed up and reached our target we mentioned which is 2387, and then dropped. Current Outlook: The trend should stabilize above 2358 to be a bullish trend toward 2365, but stabilized under 2356.6 means will touch 2342 Bullish Scenario: As long as the price trades above 2356, it is likely to maintain a bullish trend towards...

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S&P 500 Chart Analysis General Overview: The chart reflects a clear uptrend with the S&P 500 index reaching new highs. The price action shows a series of higher highs and higher lows, indicative of bullish momentum. Key support and resistance levels are well-defined, and the price is currently interacting with a significant resistance zone. Key...

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EURUSD OUTLOOK the price reached the target we mentioned in the previous idea. Current Outlook: The price will trade at the bearish area to get 1.0796 and then should break this line to be more bearish to get the demand zone till 1.0707 Bearish Scenario: as long as the price trades under 1.08430 means will trade at the bearish zone to touch 1.0796 and then...

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Technical Analysis: New All-Time Highs and Next Outlook Next Outlook: The price has stabilized within the bullish zone after breaking the previous all-time high of 20090, reaching the previously mentioned target of 20410. The trend remains bullish, with a potential move towards 20900. Bullish Scenario: As long as the price remains above 20400, the bullish...

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Technical Analysis: Gold The price pushed up and reached our target we mentioned yesterday which is 2357, and already stabilized above it. Current Outlook: The trend remains bullish today, with the price stabilizing above 2357. As long as it stays above these levels, it is expected to reach 2378. Bullish Scenario: As long as the price trades above 2357, it...