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SP500 Index Technical Analysis The SP500 index appears poised for a retest of the 5320 level. A break below 5320 would likely lead the index to touch 5301. Bullish Scenario: For the bullish trend to continue, the price must stabilize above 5347. If it does, the next target will be 5375. Breaking through 5375 could lead to new record highs. Bearish...

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Technical Analysis with fundamentally The price has followed its bearish trend, reaching our target of 2290 The price will touch 2302 and then will consolidate between 2302 and 2292 till breaking Bearish Scenario: The price may correct to 2302. If it remains below this level, it will drop to 2292. A break below 2292 could lead to a further decline towards...

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Fed Expected to Hold Rates Amid Mixed Economic Indicators Focus on CPI Data and Rate Decision: Wednesday's U.S. Consumer Price Index (CPI) data and the Federal Reserve's interest rate decision are in the spotlight. This follows rate cuts by the Bank of Canada and the European Central Bank last week. However, the Fed is not expected to follow suit—at least not...

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Technical Analysis The price has successfully followed its bullish trend, reaching our target of 2386. Today, the market is expected to be highly volatile due to the reports on non-farm payroll (NFP) and unemployment rate. Depending on these economic indicators, the price might correct to 2357 before dropping to 2328. It is crucial to monitor the closing of the...

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Technical Analysis The price has risen approximately 1.90%, reaching the final resistance level mentioned in our previous analysis, around 600 points. To achieve another all-time high, the price must break through 19,100 and stabilize above this level to continue the bullish trend towards 19,450. Otherwise, the price will fluctuate between 19,100 and 18,940...

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SPx The price already pushed up and reached our price we mentioned which is 5301, due to the JOLTs result was Negative results, so today also we have ADP and ISM that remain Negative results expectation, so depending on the news expected the direction should be bullish trend, However, it tries to continue its bullish trend to get 5320, then the movement will be...

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EUR/USD Technical Analysis The EUR/USD is trading under bullish pressure towards 1.0950, provided it remains above 1.0872. A correction down to 1.0861 is possible before resuming the bullish trend. However, stability below 1.0861 could support a decline towards 1.0810 and 1.0792. Pivot Price: 1.0872 Resistance Levels: 1.0950, 1.1000, 1.1070 Support Levels:...

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Futures Trade Cautiously Ahead of Jobs Data U.S. stock index futures showed minimal movement on Friday as investors awaited a crucial employment report. This report is expected to confirm increasing slack in the U.S. labor market, potentially providing the Federal Reserve with more flexibility to cut interest rates later this year. Technical Analysis the...

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Technical Analysis The price movement will be influenced by the Non-Farm Payroll (NFP) and Unemployment rates. Based on current expectations, the price is likely to exhibit a downtrend, though the market may experience random fluctuations. There is a possibility for a retest up to 38,790, followed by an upward push towards 39,050. Bearish Scenario: If the...

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Technical Analysis of SPx the price will move under the NFP and the Unemployment rate pressure, so the movement will be huge for the indices. Bullish Scenario: For a bullish trend to emerge, the price must stabilize above 5260, potentially pushing up to 5302. If the price surpasses this level, it may indicate the start of a new bullish trend of about 5347....

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Technical Analysis The price has successfully followed its bullish trend, reaching our target of 2369. Today's market continues to exhibit bullish pressure, having stabilized within the bullish trend. As long as the price trades above 2357, it is expected to rise to 2369 and 2377. However, a break below 2357 could lead to a decline towards 2347 and 2344. ...

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US30 The price reached their resistance which is 38790 after realizing Job opening negatively, Today the market will move under ADP pressure which expected with Negativity for USD, that means will support more bullish for indices However, the price will try to do a retest till 38580 and then will consolidate between 38580 and 38790 till breaking. Bullish...

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Market Chatter: Antitrust Scrutiny and Milestones in the AI and Tech Industry Antitrust Scrutiny for AI Dominance Microsoft ( NASDAQ:MSFT ), OpenAI, and Nvidia ( NASDAQ:NVDA ) are facing antitrust investigations over their dominant roles in the artificial intelligence industry, according to The New York Times. The Federal Trade Commission (FTC) and the...

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OPEC Secretary-General Affirms Resilient Oil Demand OPEC Secretary-General Haitham Al-Ghais stated at the St. Petersburg International Economic Forum on Thursday that oil demand remains resilient. "It's crucial to stay focused on the fundamentals," he emphasized. "Economic growth, supply, and demand are what drive our decisions." Al-Ghais noted that...

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The price has reached our target, as mentioned yesterday, with a gain of +1.20%, approximately $60. The SPX has recorded a new all-time high and continues to gain. It may retest down to 5347 before pushing up to 5378. Overall, it could potentially reach 5320 if it stabilizes below 5347. As long as it trades above 5320, an uptrend towards 5423 is expected. ...

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Gold The price is anticipated to experience bullish pressure due to the expected results from the ADP and ISM reports. As long as the price remains above 2327 and 2320, it indicates a bullish zone, aiming for 2344 and 2357 as initial bullish targets. Bullish Scenario: If the price continues to trade above 2327, it suggests a bullish trend, potentially reaching...

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Technical Analysis the price reached around the resistance line and dropped to touch its support line, and again reversed so now the price is still above the support line, Bullish Scenario: As long as the price remains above 18435, it is likely to reach 18,735 and potentially 18,820. Bearish Scenario: A stabilization below 18435 would suggest a bearish...

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Technical Analysis of SPx The price dropped from the price we mentioned in the previous idea and already stabilized under the support line which is 5260, so it is possible to touch 5226 and 5193 as well, Bearish Scenario: As long as the price remains below 5260, it is likely to decline towards 5226. Bullish Scenario: For a bullish trend to emerge, the...