Arazmajeed

Arazmajeed Jan 17, 2024

US Crude Oil New forecast Oil price trading stabilizes below the broken support at the level of 72.90, so that the bearish trend scenario remains valid and effective for today, which targets levels of 70.18 and then 69.15 as the next main stations. and to confirm the bearish trend it should stable under 70.82 level and then our targets will be activate...

Arazmajeed Jan 15, 2024

US CRUDE OIL New forecast The price of oil ended last Friday's trading with strong negativity to settle below the 72.90 level, which places the price under the expected negative pressure in the immediate term, pushing the price to achieve negative targets starting at 71.00, and by breaking it, it will extend far to the 69.15 areas. Therefore, a bearish bias...

Arazmajeed Jan 15, 2024

EURUSD New forecast The EUR/USD pair made an attempt to break the 1.0928 level, but was unable to hold below it yet, remaining confined between this support and the 1.0985 resistance. Therefore, we continue our neutrality until the price is able to confirm crossing one of these two levels to determine its next destination more precisely. We point out that...

Arazmajeed Jan 15, 2024

GOLD New forecast The price of gold is close to the 2067 level, and is now facing a conflict between technical factors, and the 50 moving average forms positive support that carries the price from below, and may contribute to achieving more gains in the immediate term, especially after confirming the breach of the resistance of the descending subsidiary...

Arazmajeed Updated  Jan 8, 2024

US30 New forecast The index price lacked positive momentum and is oscillating around the 37645 area, waiting for stability below that level to confirm an exit from the sideways path, with an opportunity to fall instantly towards 37507, reaching additional stable support at 37163. Therefore the downward scenario will be remain valid and effective during coming...

Arazmajeed Updated  Jan 8, 2024

USNAS100 New forecast Yesterday, the index price was subjected to strong negative pressures, forcing it to postpone the upward attack by creeping in below the additional support centered at 16690. We noticed that it suffered significant losses by reaching around 16537, which calls us to suggest new bearish corrective trades to target the 16112 level, reaching...

Arazmajeed Jan 8, 2024

GBPUSD New forecast The British pound against the dollar pair ended last Friday's trading at the level of 1.2727, and is starting to provide slight negative trading now, indicating a move to resume the expected downward trend in the intraday term, waiting to visit the 1.2604 level as the next main target.and extend to 1.2534 Therefore, we will continue to...

Arazmajeed Jan 8, 2024

EURUSD New forecast The EUR/USD pair is showing slight negative trading now, indicating a trend to resume the expected downward trend for today, which targets the 1.0892 and 1.0808 levels as the next main station. Therefore, we will continue to favor the bearish trend during the coming sessions, supported by the negative pressure formed by the moving average...

Arazmajeed Updated  Jan 8, 2024

GOLD New forecast Gold price trading stabilizes below the 2067 level, which keeps our bearish trend expectations valid for today, targeting the 2043 levels and then 2017 as the next main stations. Therefore the downward scenario will be remain valid and effective during coming period , for reminder the moving average 50 start to support the price to decline ,...

Arazmajeed Updated  Jan 5, 2024

SILVER New forecast The silver price faced negative pressure yesterday to break the 23.73 level and settle below it. Therefore, breaking the 23.50 level will have a negative impact and push the price to decline towards 23.00 and 22.60 levels directly. Therefore the downward scenario will be remain valid and effective during coming period , supported by the...

Arazmajeed Updated  Jan 5, 2024

GBPUSD New forecast The pound sterling pair against the dollar faced strong negative pressure to break the 1.2700 level and reach the outskirts of the 1.2604 level, then turn lower and head towards achieving more of the expected bearish tendency during the coming period, noting that breaking the last level will open the way to heading towards the 1.2508 and...

Arazmajeed Jan 5, 2024

EURUSD New forecast Trading in the euro against the dollar pair stabilizes below the level of 1.0956, so that the bearish trend scenario remains effective for the coming period, supported by the negative pressure formed by the moving average 50, waiting for stability below the level of 1.0892 to resume the bearish wave that targets the level of 1.0808 as a next...

Arazmajeed Updated  Jan 3, 2024

UK BRENT OIL New forecast The price of Brent crude oil contracts rebounded strongly after the price found it difficult to overcome the resistance of the descending channel, breaking the 76.16 level and incurring noticeable losses that reached 75.20, which puts the price under expected negative pressure during the coming sessions, on its way to visit the 74.10...

Arazmajeed Updated  Jan 3, 2024

US CRUDE OIL New forecast The price of oil continued to decline, breaking the 71.00 level and returning to the descending channel again, confirming the dominance of the bearish trend in the upcoming trading and heading towards achieving negative targets up to 69.15 and extending to the 67.43 level. Therefore, we expect to witness further decline in the...

Arazmajeed Jan 3, 2024

EURUSD New forecast The euro/dollar pair ended yesterday's trading below the 1.0956 level, reinforcing expectations of a continuation of the downward trend in the immediate term, waiting to break the 1.0928 level and hold below it, heading towards visiting the 1.0877 and 1.0808 areas as the next main targets. Therefore the downward scenario will be remain...

Arazmajeed Updated  Dec 29, 2023

GOLD New forecast The price of gold is fluctuating around the 2067 level, and the price needs to close above the 2067 level, to support the continuation of the expected upward trend in the immediate and short term, remembering that our next target is at 2089 and extends to 2120. Therefore, we are awaiting further expected rise during the coming sessions with...

Arazmajeed Updated  Dec 29, 2023

USNAS100 New forecast The price of the index fell in yesterday’s trading after testing the resistance area at the level of 16530, and now it is trying to stabilize above it. We stress the importance of trading currently remaining above the previously mentioned support, so that this provides an opportunity for the price to gather positive momentum and then to...

Arazmajeed Updated  Dec 29, 2023

US30 New forecast In yesterday's trading, the index price lost positive momentum. We noticed a strong decline after touching the 37163 level and then settling above it. The current scenario depends on the strength of the current support, so we expect that with its stability, the price will begin accumulating positive momentum to enable it to form a new upward...