EURUSD OUTLOOK The EURUSD trade at the narrow area which is between 1.0949 and 1.1041 Currently , consolidation above support zone 1.0910 - 1.0949 the chance of rise up increase but to confirm the bullish trend at first should stable above 1.1041 by 4H candle and then will help the price to build a positive momentum to reach 1.1114 , 1.1190 as for renewing the...
GOLD OUTLOOK Gold prices stabilized near their lowest levels in one month today, Friday, ignoring US inflation data that missed expectations last month. This comes in conjunction with the yellow metal remaining on its way to end its worst week in nearly two months, with the US dollar maintaining its strength and the rise in bond yields. 🔴Gold futures settled...
United States - Consumer Price Index CPI-Consumer Price Index quantifies the rate of inflation (ie the rate of change in prices) from the perspective of consumers when they purchase goods and services. The upward trend has a positive effect on the country's currency, USD. The consumer price index is one of the most watched indicators by currency traders and is a...
SPx OUTLOOK The price of SPx reached at the support zone and couldn't break it and rise up again Currently , stabilized under 4525 - 4534 it help the price to drop again and lose more points to reach 4501 and 4478 otherwise , consolidation above 4534 it will help the price to rise up and reach 4554 and 4579 I expect trading range for today it will be...
EURUSD OUTLOOK The euro rose in the European market on Thursday against a basket of global currencies, to extend its gains for the second day in a row against the US dollar, amid strong expectations about the European Central Bank and the Federal Reserve stopping raising interest rates during next month's meetings. Currently , consolidation above 1.1034 by 4H...
US30 OUTKOOK The price of Dow Jones try to test the resistance zone again Currently, the price will try to reach at the resistance zone and then drop again to 35171 and stabilized under that by 4H candle will help the price to lose more points to touch 35032 and 34915 stabilized above 35450 by 1H or 4H candle will make the price at the sensitive zone until...
GOLD OUTLOOK Gold is trading near its lowest level in a month at $1920 an ounce, and investors are awaiting US inflation data in search of an indication about the US Fed's path regarding interest in the coming period. Currently , consolidation under 1923 level the chance of decline increase and try to reach 1912 and 1900 and if CPI release 3.3% and above it...
GBPUSD OUTLOOK The dollar's gains against the British pound and the euro continued, after the European Union's single currency was sold against the dollar since yesterday on the back of negative data for industrial production in Germany, the bloc's largest economy, as it shrank significantly beyond expectations. Currently , as long as price trade above support...
SPx OUTLOOK The price of SPx near to reach to the resistance zone after Negative New York Session on yesterday Currently , stabilized under 4525 - 4534 it help the price to get the negative momentum again and lose more points to reach 4501 and 4478 otherwise , consolidation above 4534 it will help the price to rise up and reach 4554 and 4579 I expect...
EURUSD OUTLOOK The euro rose in the European market on Wednesday for the first time in the last three days against the US dollar, amid less aggressive comments from Federal Reserve officials, which reduced the chances of an additional increase in US interest rates . Currently , as long as price trade above support zone 1.0910 - 1.0949 the chance of decline...
US30 OUTLOOK The price of Dow Jones near to reach to the strong resistance zone after New York Session on yesterday Currently, the price will try to reach at the resistance zone and then drop again to 35171 and stabilized under that by 4H candle will help the price to lose more points to touch 35032 and 34915 stabilized above 35450 by 1H or 4H candle will...
GOLD Outlook Gold prices rose during these moments of trading, today, Wednesday, from their lowest levels in one month, which they recorded in the previous session, in conjunction with the decline in the dollar and bonds, one day before the release of important US inflation data in determining the path of the federal interest. additionally, And the prices of...
US Dollar Index Outlook Investors continue to appreciate the high odds that Fed rate hikes are a thing of the past after last month's quarter-point increase. But recent comments from several central bank officials tell a different story. Adding uncertainty: There are mixed expectations for the report due on Thursday (August 10) which includes US consumer...
SPx Outlook US indices open today's trading on a decline.. The SPx 500 index opens down by 0.6% and the price reach at the support zone 4457 - 4478 Currently, Generally the direction is downtrend but right now to confirm the bearish trend should stable under 4457 and then the SPx will lose more points and reach 4431 and 4411 under 4478 will help the price to...
US30 Outlook The price of Dow Jones reached at the strong Resistance zone after positive New York Session on yesterday but failed to breach the Resistance zone and dropped Currently , As long as price trade under that zone it will help the price to continue at the bearish trend to reach the 35190 level and then 35032 The expect trading range for today is...
GBPUSD Outlook The Price of sterling is starting to lose ground due to the possibility that economic data within the UK will support the Bank of England to stop raising interest rates Currently, The price under sell pressure but to confirm the bearish trend should stable under support zone then we will see the price lose more points and will reach until...
EURUSD Outlook The euro fell in the European market on Tuesday against a basket of global currencies, to continue its losses for the second day in a row against the US dollar, due to the economic weakness in Europe, and the receding possibilities of the European Central Bank continuing the path of monetary tightening and raising interest rates. Currently, As...
GOLD Out look Gold prices fell during these moments of trading today, Tuesday, as the dollar regained some of its strength, while investors await US inflation data scheduled for release this week to clarify whether there is a need for more interest rate hikes or not. Currently, consolidation above 1931 it will increase the chance of rise up again to reach...