SroshMayi

SroshMayi

NASDAQ The price is expected to consolidate within the 20,280 and 20,200 range until a breakout occurs. For a bearish scenario, a minimum 1-hour candle close below 20,200 is required to target levels at 20,100 and 19,990. On the bullish side, the price must break through 20,280 and 20,340—the pivot zone—to reach 20,450 and potentially higher levels. Key...

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Technical Analysis: The price has reversed from the all-time high recorded yesterday, stabilizing below 5781. This decline suggests a potential drop to the 5756 and 5732 levels. Alternatively, a bullish trend may be triggered if a 4-hour candle closes above 5781. Key Levels: Pivot Point: 5781 Resistance Levels: 5820, 5863, 5891 Support Levels: 5759, 5732,...

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Gold Technical Analysis Today’s inflation report is anticipated to drive significant market movements, particularly following unanimous agreement among Fed members to cut rates by 50 basis points. A CPI release exceeding 2.3% is expected to support a bearish trend towards 2587. Conversely, a CPI below 2.3% would likely drive a bullish trend, targeting...

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Futures flat with Fed minutes, inflation data in focus; Alphabet dips Technical Outlook: the direction is uptrend for today as long as trades above 42080 to get 42210 and 42300 and then should close 4h candle above 42300 to touch 42450 for the bearish scenario till 41960 and 41770 should break 42080 by closing 1h or 4h candle under 42080 Key Levels: Pivot...

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Nasdaq Technical Analysis Today’s inflation report is anticipated to drive significant market movements, particularly following unanimous agreement among Fed members to cut rates by 50 basis points. A CPI release exceeding 2.3% is expected to support a bearish trend towards 20100. Conversely, a CPI below 2.3% would likely drive a bullish trend, targeting...

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Technical Analysis: Today’s inflation report is anticipated to drive significant market movements, particularly following unanimous agreement among Fed members to cut rates by 50 basis points. A CPI release exceeding 2.3% is expected to support a bearish trend towards 5,732. Conversely, a CPI below 2.3% would likely drive a bullish trend, targeting...

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Gold The price dropped about $50 from 2652 as we mentioned yesterday, However, the direction for today still remains bearish as long as trades under 2624 to get 2588. Also, there is a possibility to retest till 2624 and then start a bearish trend. In general closing 1h candle under 2615 will get 2604 and 2587 Any reversing to stabilize above 2624 will get...

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Nasdaq Technical Analysis The price is oscillating between 20,130 and 20,070, with a breakout likely given today's FOMC. A close of the 4-hour candle below 20,100 would reinforce a bearish outlook, targeting 19,990 and 19,860. Conversely, if the price stabilizes above 20,190 by closing a 1-hour candle, it could rise to 20,280, with the potential to reach 20,440...

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Futures tread water ahead of Fed minutes; Alphabet slips Stock index futures were little changed on Wednesday as investors awaited the minutes of the Federal Reserve's latest meeting for clues on the policy path, while Alphabet dipped after the U.S. said it was considering breaking up Google. Technical Analysis: The price reversed and stabilized above 5732 so...

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GOLD OUTLOOK The price remains in a bearish trend towards 2,647 and 2,638 as long as it stays below 2,661. For a bullish trend to take hold, stability above 2,667 is required, with a potential target of 2,680. and above it will get 2698 Key Levels: Pivot Point: 2661 Resistance Levels: 2670, 2680, 2699 Support Levels: 2647, 2638, 2624 Trend: - Bearish while...

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Technical Outlook: The price has declined from 42,080. As long as it remains below this level, it is likely to continue its descent towards 41,950 and 41,770. If it falls further, it could reach 41,570. For a bullish scenario, stabilization above 42,090 is necessary to target 42,190 and subsequently 42,300. Key Levels: Pivot Point: 42080 Resistance Levels:...

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Rates Rethink After Strong U.S. Jobs Data Could Disrupt Markets The aftermath of unexpectedly robust U.S. employment figures could potentially upend various trades hinged on declining interest rates. Should this stronger-than-anticipated economic growth prompt a substantial reassessment of the Federal Reserve’s approach to cutting borrowing costs, investors may...

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Nasdaq Technical Analysis: The price will touch 19860, with a subsequent break below 19780 confirmed by a 4-hour candle close likely signaling a bearish trend toward 19570. A close above 19860 is required for a bullish outlook, which could lead to a move up to 19990. However, the Nasdaq may remain in a consolidation phase between 19860 and 19990 until a breakout...

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DAX Technical Analysis: The price is anticipated to consolidate between 19100 and 18975 until a breakout occurs. A close below 18975 on the 4-hour chart would signal a bearish trend, with potential targets at 18890 and 18780. Conversely, a 4-hour close above 19110 would support a bullish trend, likely driving the price toward 19250. Key Levels: Pivot Point:...

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EUR/USD is trading around 1.10712, showing bearish pressure. Key Resistance: The resistance zone lines between 1.11413 and 1.11944 A failure to break above this area reinforces the downward movement. Key Support: Immediate support is near 1.10050, followed by a stronger support level around 1.09156. Price Action: The price has broken below a key level and is...

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Middle East uncertainty after Iran attack makes for tricky trading Beyond tensions in the Middle East, there are several potential catalysts that could keep investors on edge, including the upcoming U.S. election in November and a key jobs report this week that will help shape the Fed's policy direction. Technically: The price has reached our target and...

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The price remains in a bearish trend towards 2,651 and 2,638 as long as it stays below 2,661. For a bullish trend to take hold, stability above 2,667 is required, with a potential target of 2,680. Additionally, a negative outcome in the Non-Farm Payroll (NFP) report is needed to confirm bullish momentum. Expect heightened volatility today due to significant news...

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US30 Futures edge lower ahead of jobs data; investors cautious amid Middle East tensions. U.S. stock index futures declined on Thursday as investors awaited labor market data for insights into the economic outlook and the potential for further interest rate cuts by the Federal Reserve, while remaining alert to any escalation in Middle East conflicts. ...