Technical Analysis The price has risen approximately 210 pips, as mentioned yesterday. Today, as long as trades remain below 5989, a drop toward 5931 is expected, followed by consolidation between 5931 and 5989 until a breakout. Alternatively, if a 4-hour candle closes above 5989, it would signal bullish momentum with a potential move towards 6021. Key...
US30 Technical Analysis US30 futures soar to record high after Trump claims victory The price will continue the bullish trend to get 43890 as long as trades above 43350, also there is a retest possibility to43450 Bearish Scenario: A daily candle close below 43220 would signal a bearish move, targeting 42910 and 42770. Bullish Scenario: As long as the price...
GOLD Technical Analysis Gold recently dropped below a key pivot level, signaling a potential bearish continuation. Notably, as we mentioned yesterday already dropped about 85$ Bearish Scenario: If Gold remains below the pivot at 2677, further declines are expected toward the support levels of 2644 and potentially down to 2629. Stability below 2629 would...
Technical Analysis The price has pushed up as we mentioned yesterday and is still moving toward a new all-time high (ATH). Notably, the S&P 500 has recorded 43 ATHs this year and continues to reach new highs. As long as it trades above 5931, it is likely to reach 6002 before starting a bearish trend. Alternatively, if the price drops from here and closes a...
Technically: The price has stabilized in the bullish zone and has moved upward significantly due to the U.S. election results, with Trump winning. This positive development has benefited stocks. The price is now expected to reach 20550 for a retest before pushing up to 20705. A breakout above 20705 is needed to continue the bullish trend toward 20790 and...
Technical Analysis Following Trump’s success in the U.S. election, the price is poised to reach new highs after breaking its previous all-time high (ATH). Bullish Scenario: If the price maintains stability above 5891, it is likely to target 5939 initially. A 1-hour or 4-hour candle close above 5939 would further reinforce the bullish momentum, with a potential...
Technical Analysis As we mentioned yesterday, GOLD was expected to be bearish due to the high likelihood of Trump’s success in the election. Now that Trump has won, GOLD has dropped by about $49 as anticipated, reaching 2712 and 2700. Currently, we remain in a bearish trend, with the price still aiming for 2712 and potentially 2695 and 2677. A retest of up to...
USDJPY Analyze The overall trend remains Bullish as long as the price stays above 151.790, with bullish targets at 154.260 and potentially 156.58. A corrective move toward the pivot line at 151.79 is possible before the bullish trend resumes. However, if the price stabilizes above 151.790 with a daily candle close, a bullish move of 151.790 extend toward...
Introduction: The U.S. presidential election is one of the most critical events in global politics, shaping the future of the country’s policies. This year, voters face a significant choice between two candidates with distinct approaches: Donald Trump and Kamala Harris. Their policies will influence the economic, social, and environmental future of the U.S. This...
US30 Technical Analysis Sustained stability below 41,970 will reinforce the bearish trend, potentially driving the price toward 41,750. Further stability below this level could extend the decline to 41,560. Bearish Scenario: A firm hold below 41,970 signals a continuation of the bearish trend, with targets at 41,740 and subsequently 41,560. Bullish Scenario:...
Technical Analysis The price dropped and hit our target perfectly. Today, the market will be influenced by the U.S. election, introducing potential volatility and random movements. Despite this, the overall bias remains bearish. As long as the price trades below 2749, the bearish trend is likely to persist, targeting 2731. Any sustained move below 2731 could...
Technical Analysis The price will likely attempt a retest around 5,755 or 5,781, after which a renewed bearish trend could push it toward 5,675 and 5,643. Bearish Scenario: Consistent stability below 5,781 may lead to a downward move targeting 5,734. A 1-hour or 4-hour candle close below 5,734 could activate the next bearish zone. Bullish Scenario: Should the...
Technically: As long as the price trades under 20130 it means will try to touch 19950, and then should break that to continue the trend toward 19860 and 19730, Bearish Scenario: While trading below 20130, the price may attempt to reach 19950 and 19860. A break below 19740 would pave the way for further declines toward 19520. Bullish Scenario: Stabilization...
Technical Outlook The price may stabilize within the bullish zone upon a 4-hour candle close above the pivot line at 68.53, targeting 70.49 initially, followed by 71.78. Bullish Scenario: While trading above 68.53, the price is likely to move toward 70.49 as the first bullish target, with 71.78 as the next level. Bearish Scenario: A reversal and stabilization...
Technical Analysis The price has declined and stabilized within a bearish zone after breaking a strong support level at 2,758. Today, it's possible to see a retest around 2749, followed by a potential bearish trend toward 2712. Bearish Scenario: The price appears set to retest 2749 before resuming a bearish trend toward 2721 and 2,712. Bullish Scenario:...
US30 Technical Analysis The price has a consolidate between 42130 and 41970 Bearish Scenario: Breaking 41970 by closing 1h or 4h candle under it, will be a bearish trend to get 41740 and then 41560 Bullish scenario: any breaking above 42130 will support the bullish trend to get 42290 and 42450 Key Levels: Pivot Point: 42130 Resistance Levels: 42290, 42450,...
Technically: The price has dropped precisely as anticipated. It is now expected to reach 20008, with a stabilization below the 20008 level likely extending the decline toward 19740. Bearish Scenario: While trading below 20130, the price may attempt to reach 20008 and 19860. A break below 19740 would pave the way for further declines toward 19520. Bullish...
Technical Analysis The price will likely attempt a retest around 5,761 or 5,781, after which a renewed bearish trend could push it toward 5,675 and 5,643. Bearish Scenario: Consistent stability below 5,781 may lead to a downward move targeting 5,732. A 1-hour or 4-hour candle close below 5,732 could activate the next bearish zone. Bullish Scenario: Should the...