Dow Jones New Forecast The price moved as our previous idea and reached our target perfectly. The price of DowJones has a bullish pressure, so it will start a bullish trend toward 39010 and 39075, breaching 39075 means a continuation of a bullish trend toward 39285 otherwise closing 4h candle under 38820 will move under the bearish effect toward 38660 Pivot...
SPx New Forecast The price reversed and stabilized at the bullish zone because already at the pivot line which is 5120, so stability at this area means will continue the bullish trend to get 5177 and then will move between 5177 and 5120 till breaking should stable under the pivot zone which is between 5120 and 5103 to be downtrend till 5080 Pivot Line:...
EURUSD New Forecast The price will try to get 1.0792 and then should break that to continue the bullish trend till 1.0872 otherwise, the bearish trend will start by breaking the breakout line which is between 1.0730 and 1.0700 toward 1.0656 and 1.0614 Pivot Price: 1.0735 Resistance Levels: 1.0792, 1.0872, 1.1000 Support Levels: 1.0656, 1.0613, 1.0577 The...
According to Brent Donnelly of Spectra Markets, the US dollar appears increasingly susceptible due to a combination of heavily skewed speculative positions and early signs of softening in certain US economic indicators. Last week, the USD saw a general decline following a surprisingly dovish Federal Open Market Committee (FOMC) meeting. The Fed indicated a more...
The price action has aligned precisely with our previous projection, successfully achieving our designated target. Currently, the price is oscillating between 39075 and 38820. There is a potential for the price to initially touch 38820. It is critical to monitor the closing of either a 4-hour or 1-hour candle below this level, as such a closure would indicate a...
GOLD New Forecast Gold prices remained steady on Thursday amid quiet trading, with many European markets closed for a holiday. Investors are awaiting U.S. data that may provide insights into possible interest rate cuts by the Federal Reserve. technically: As previously forecasted, the price has declined and reached our target level of 2037. Currently, the...
USNAS100 New Forecast The price should break the resistance trend which is 18095 to continue the bullish trend till 18250, but otherwise, it should break 18030 and 17990 to start a bearish trend till 17940 and under it 17795 so now will move between 17790 and 18140 till breaking pivot line: 18030 Resistance Price: 18140, 18250, 18480 Support price: 17940,...
U.S. stock index futures declined on Thursday amid rising Treasury yields, as investors awaited jobless claims data that may clarify the Federal Reserve's interest rate strategy for the coming year. During a week short on significant catalysts, market momentum has somewhat faltered. Investors are seeking new insights into the monetary policy direction, especially...
GOLD new forecast As previously forecasted, the price has declined and has reached our target level which is 2309. Currently, the price is poised to consolidate within the range of 2327 and 2302 before any breakout occurs. Presently, there remains bearish pressure, and as long as trading continues below 2327, the price will try to touch 2327 and then should...
USNAS100 New Forecast The price should break the resistance trend to continue the bullish trend till 18250, but otherwise, should break 18030 to start a bearish tend till 17940 and under it 17795 so now will move between 18030 and 18140 till breaking pivot line: 18030 Resistance Price: 18140, 18250, 18480 Support price: 17940, 17795, 17670 Its range for...
Spx New Forecast the price reached our target as we mentioned in the previous idea. Now, it still has a bullish trend to reach 5224 from the pivot line which is 5177, so otherwise, it should break 5177 by closing 4h candle under it to get 5150 and 5120 Pivot Line: 5177 Resistance Levels: 5202, 5224, 5249 Support Levels: 5153, 5120, 5103 Today’s expected...
U.S. crude oil inventories are forecasted to grow by 1.2 million barrels for the week ending May 3, a decrease from the 7.3 million barrel surge reported in the prior week, according to strategists at Macquarie in a recent Monday briefing. The overall U.S. crude balance is projected to be considerably looser than previously expected. technically: The price...
GOLD New Forecast As previously forecasted, the price has declined and is nearing our targeted level. Currently, the price is poised to consolidate within the range of 2327 and 2302 before any breakout occurs. Presently, there remains bearish pressure, and as long as trading continues below 2327, it is likely to reach 2302. It may experience interim...
USNAS100 New Forecast The price has a senstive movement between 18030 and 18090 till breaking stability under 18030 means will try to touch 17940 as well, and under it will continue the bearish trend till 17795 otherwise stability above the trend line about 18100 means will continue the bullish trend till 18250 pivot line: 18090 Resistance Price: 18250,...
US30 New Forecast The price moved as our previous idea and reached our target perfectly. So now it is possible to do a retest till 38820 and then start a bullish trend toward 39010 and 39075, breaching 39075 means a continuation bullish trend toward 39285 otherwise closing 4h candle under 38820 will move under the bearish effect toward 38660 Pivot line:...
SPx New Forecast the price reached our target as we mentioned in the previous idea. Now, it still has a bullish trend to reach 5224 from the pivot line which is 5177, so otherwise, it should break 5177 by closing 4h candle under it to get 5150 and 5120 Pivot Line: 5177 Resistance Levels: 5202, 5224, 5249 Support Levels: 5153, 5120, 5103 Today’s expected...
The dollar slightly declined on Monday, influenced by a disappointing U.S. jobs report last Friday that fueled speculation about multiple Federal Reserve rate cuts this year. Meanwhile, the yen weakened following last week's presumed market intervention. The EURUSD pair gained ground on Friday and commenced the new week on a steady, albeit slow, trajectory after...
GOLD New Forecast The price of gold is expected to reach 2327 before experiencing a decline, as it remains under bearish pressure with potential targets at 2307 and 2302. Conversely, a break above 2327 could signal a shift to a bullish trend. The situation in the Middle East is stable, which could influence a decline in prices as part of their monthly retest....