Technical Analysis: EUR/GBP (4H Chart) Current Price Action: The EUR/GBP pair is trading around 0.84722, near the pivot line at 0.84915. Key Observations: 1. Primary Support and Resistance Levels: Primary Support Line (Monthly): 0.83977 Primary Support Line (Yearly): 0.83393 Resistance Line: 0.85728 2. Supply Zone: - A sensitive...
Technical Analysis: Price Reversal in Focus The movement is sensitive... Today's Outlook: The price will try to touch 19835 from the resistance line which is 19960 there is a sensitive point, stability above 19960 means it will touch 20100 Bearish Scenario: As long as the price trades below 19960, the bearish trend is likely to persist, with targets at 19835...
Technical Analysis: Gold The price reached our fully bearish support which is 2292 as we mentioned and reversed, again... Current Outlook: The trend remains bullish today, with the price stabilizing above 2302. As long as it stays above these level, it is expected to reach 2323 and 2337. Bullish Scenario: As long as the price trades above 2302, it is...
Bitcoin Technical Analysis The price reached our target as we mentioned in the previous idea, was dropped from 64900 to 59900 our last bearish target Current outlook: The price will consolidate between 62400 and 59940 till breaking, Bearish Scenario: As long as the price remains below 62410, the bearish trend is expected to continue, with the first...
Technical Analysis: EUR/USD (4H Chart) Current Price Action: The EUR/USD pair is currently trading around 1.07032, situated near the pivot zone highlighted on the chart. Key Observations: Descending Channel: The price previously broke out of a descending channel, indicating a potential reversal of the bearish trend. Pivot Zone: The price is...
Technical Analysis: Gold The gold price reversal has successfully propelled the price upwards from 2302, continuing its ascent towards 2337 and 2342. Current Outlook: The price is expected to consolidate between 2320 and 2342 until a breakout occurs. The initial movement is anticipated to target 2337. Bullish Scenario: For an uptrend to initiate, the...
S&P 500 Analysis: Navigating Volatility with Key Price Levels and Scenarios The S&P 500 price broke through the pivot zone and closed a 4-hour candle above it, continuing its upward trajectory towards 5225. Intraday Analysis: Today, the S&P 500 price is expected to reach 5525 before descending again towards 5491, stabilizing above 5492. Bullish Scenario: ...
Technical Analysis: US30 The price fell below the support level of 39045 yesterday and reversed upwards and is now running between 39,245 and 29,045 to break sideways. Current Outlook: The price is likely to touch 39045 before potentially pushing up again. Both scenarios should be carefully considered: Bullish Scenario: Stability above 39230 suggests a move...
SPx Outlook The price still consolidates between 5460 and 5491, so should break one side to continue its direction. Intraday Analysis: Today, the price is likely to stabilize below 5491, maintaining the bearish trend towards 5460, and should break that as well to get 5410. Bullish Scenario: For a bullish reversal, the price must stabilize above 5492. If this...
Technical Analysis: Price Reversal in Focus After reaching an all-time high, the price has now reversed, setting its sights on the 19100 level this week. Today's Outlook: The bearish trend is expected to continue as long as the price remains below 19850, potentially targeting 19520. Bearish Scenario: As long as the price trades below 19850, the bearish trend...
Technical Analysis: Price Reversal in Focus After reaching an all-time high, the price has now reversed, setting its sights on the 19100 level this week. Today's Outlook: The bearish trend is expected to continue as long as the price remains below 19850, potentially targeting 19520. Bearish Scenario: As long as the price trades below 19850, the bearish...
Market Consolidation and Key Levels: The price has broken the all-time high and stabilized above it. As long as it trades above 159.820, it will remain in the bullish zone, targeting 161.800. Bullish Scenario: For the bullish trend to persist, the price must stabilize above 159.820, with an aim towards a target of 161.800. Bearish Scenario: A downtrend...
Technical Analysis: Gold The price dropped and broke the 2320 then continued the bearish trend and is still running to get the last price we mentioned for today which is 2302 Current Outlook: The price is expected to consolidate between 2320 and 2302 until a breakout occurs. The initial movement is anticipated to target the 2302. Bullish Scenario: To...
Technical Analysis: US30 The price has reversed from the resistance line at 39575 and has now reached a strong support line. Consequently, significant volatility is expected as the price oscillates between 39045 and 39410, a notably wide range. Current Outlook: The price is likely to touch 39045 before potentially pushing up again. Both scenarios should be...
USNAS100 Technical Analysis: Focus on Price Reversal Today's Outlook: The price has reversed and stabilized in the bullish zone after surpassing the resistance level at 19800, suggesting a continued upward trajectory towards 19960 and potentially breaching the all-time high. Bullish Scenario: As long as the price remains above 19800, the bullish trend is...
S&P 500 Index Technical Analysis Current Market Overview: The S&P 500 index recently reversed and stabilized within a bullish zone after closing a 4-hour candle above the critical level of 5491. This development suggests a potential bullish trend towards 5529 in the near term. Intraday Analysis: Today, it is expected that the price will remain stable...
Technical Analysis: Gold The price is poised to reach 2320 today and, if it breaks this level, it will likely continue its bearish trend towards 2311 and 2302. Current Outlook: The price is expected to consolidate between 2320 and 2337 until a breakout occurs. The initial movement is anticipated to target the 2320 level. Bullish Scenario: To initiate an...
Technical Analysis: Price Reversal in Focus After reaching an all-time high, the price has now reversed, setting its sights on the 19100 level this week. Today's Outlook: The bearish trend is expected to continue as long as the price remains below the pivot zone which is 19625 and 19800, potentially targeting 19250 and 19100. Bullish Scenario: For a...