The new measures introduced by the Turkish central bank will ensure the sterilization of excess liquidity, support lira deposits and prevent excessive lending growth, its governor said on Friday. On Thursday, the Central Bank of the Republic of Türkiye (CBRT) kept its benchmark policy rate unchanged at 50% for a second consecutive month, as expected, though it...
Now, it will remain in the bullish zone as long as it trades above 1.08750 , targeting 1.09024 and potentially 1.09312 . However, if it stabilizes below 1.08607, the price is likely to drop to 1.0845. Pivot Line : 1.08750 Resistance Line : 1.09024, 1.09312, 1.09600 Support Line : 1.08453, 1.8209, 1.07964
Closing a 4-hour candle above 39092 suggests it will likely reach 39307 , with the potential to touch 39450 as well. However, if the price remains below 39092 , it indicates a drop back to 38920 as the first target. Pivot Line : 39092 Resistance Line : 39307 , 39450 , 39660 Support Line : 38920 , 38697 , 38462
Hello everyone, Dow Jones 4H NEW FORECAST Today It continues to rise, aiming for further gains to record a new all-time high. As long as it trades above 19798 , the bullish trend is expected to continue towards 40040, 40217, and 40415. However, if the price reverses and stabilizes below 19798 , it indicates a correction down to 39660. Pivot Line :...
Hello everyone, GBPUSD 4H NEW FORECAST The price established a new bullish trend after breaching the breakout zone at 1.2700 and stabilizing above it with a daily candle. This development supports a further bullish trend, targeting 1.2745 as the first milestone. Additionally, a retest may occur down to 1.2673 and, if necessary, to 1.2700 before continuing...
As the market opened, the price of gold began to rise to an all-time high, breaking through the 2,431 level to the 2,450 level, where it began to fall. The price is currently moving between 2431 and 2450. The price above 2431 is now trying to reach 2458 and 2469 . However, if it stays below that in the next 4 hours, it will start falling to 2414 and...
Hello everyone, WTI Oil 4H NEW FORECAST The price of oil is showing more upward tendency to approach the pivotal resistance at 79.50, which represents one end of the sideways range that dominates the recent trading, in addition to the support at 77.64, where we still expect the sideways tendency to dominate the intraday trading until the price is able to exceed...
The price will try to touch 195.85 and then should break that to continue the downtrend till 195.23, closing 4h candle above 195.85 means will continue the bullish trend to reach 196.50, otherwise, under 195.85 means it will touch 195.23. Pivot Line : 195.85 Resistance Line : 196.50, 197.10 , 197.90 Support Line : 195.23, 194.40, 193.63
Hello everyone, EURUSD 4H NEW FORECAST The EURUSD maintains its bullish momentum, The price of the euro against the dollar continued to rise yesterday, breaching the 1.0875 level and closing the daily candle above it, reinforcing expectations of a continuation of the upward trend during the coming sessions, paving the way for a move towards 1.0902 and 1.0931 ,...
Hello everyone, GBPJPY 4H NEW FORECAST The pair's price maintains its stability within the axes of the ascending channel. Crossing the 195.17 level will record some additional gains towards the 196.16 level. Conflicts in major indicators may lead to temporary sideways trades. Pivot Line : 195.17 Resistance Line : 196.16 , 197.35 , 197.96 Support Line :...
Hello everyone, SPx500 4H NEW FORECAST The index price surrendered to the control of the bullish tendency by presenting a new positive close above the barrier represented by the level of 5250.00, forming some upward waves and thus achieving the first additional target stable at 5266. It indicates that the continued presentation of the main indicators of...
Hello everyone, EURUSD 4H NEW FORECAST The price of the euro against the dollar confirmed the breach of the 1.0795 level after closing the daily candle above it, turning to the upside and building a bullish wave in the immediate term, targeting an initial test of the 1.08445 level, noting that breaching this level will push the price towards 1.0875 as the next...
Hello everyone, GOLD N4H NEW FORECAST The gold price presented positive trades yesterday, moving away from the pivotal support level of 2343, enhancing expectations for the continuation of the upward trend, recalling that our expected targets start at 2393 and then 2431. The moving average 50 supports the proposed bullish wave, and the price may witness some...
Hello everyone, WTI Oil 4H NEW FORECAST The oil price shows some upward tendency after touching the 77.64 level, and may head towards testing the 79.50 level before returning to decline, noting that the price is facing conflicting technical factors that may cause sideways trading between the mentioned levels. Therefore, we are likely to witness sideways...
Hello everyone, GOLD 4H NEW FORECAST The price of gold was based on the moving average 50 and began to provide positive trades at the opening of the day, enhancing the chances of heading to resume the main upward trend, stimulated by the positivity of the Stochastic indicator, which is clearly visible now, awaiting the achievement of our positive goals that...
Hello everyone, EURUSD 4H NEW FORECAST The EURUSD price tested the 1.0795 level and maintained its stability below it. We note that the Stochastic indicator begins to cross negatively now, waiting to stimulate the price to resume the expected downward trend in the intraday term, targeting the levels of 1.0715 and then 1.0615 as the next main stations. Pivot...
Hello everyone, SPx500 4H NEW FORECAST The index price was forced to offer new sideways trades by settling near the barrier represented by the 5225 level, trying to gather additional positive momentum to enable it to confirm the breach of this barrier and reach the additional stations positioned at 5243 and 5265, respectively. The risk of changing the trend for...
Hello everyone, EURUSD 4H NEW FORECAST The EURUSD price tested the 1.0795 level and maintained its stability below it. We note that the Stochastic indicator begins to cross negatively now, waiting to stimulate the price to resume the expected downward trend in the intraday term, targeting the levels of 1.0715 and then 1.0615 as the next main stations. Pivot...