Gold Technical Analysis The price has perfectly reached our target of 2757, as mentioned previously. As long as the price trades above 2757, the bullish trend is expected to continue toward 2773 and then 2787 (ATH). A 4-hour candle close below 2757 would indicate a potential bearish correction toward 2739. Key Levels: Pivot Point: 2757 Resistance Levels: 2773,...
US30 Technical Analysis The price has surged approximately 620 points ahead of Earnings Season and is still attempting to stabilize within the long-term bullish zone, as highlighted in our previous analysis. Currently, a bearish correction toward 43900 is expected before the continuation of the uptrend. However, if the price breaks above 44400, it is likely to...
S&P 500 Analysis The price has risen approximately 1.00% since yesterday, driven by strong earnings results. It is currently aiming to reach the (ATH) of 6100. A pullback to 6073 and 6051 is likely if the price stabilizes below this level. However, if a 4-hour candle closes above 6100, the bullish trend is expected to continue, targeting 6143. Key Levels: Pivot...
USNAS100 Technical Analysis The price has pushed up and successfully reached our target of 21760, as anticipated in a previous idea. Today, the bullish trend continues, but the price can retest 21635 before resuming an upward movement. The next target would be 21900, potentially continuing to 22100 if a 1-hour candle closes above 21900. The main driver of this...
Gold Technical Analysis The price remains in bullish momentum while trading above 2722, with the next bullish target at 2739. A 4-hour candle close above 2739 would strengthen the bullish trend, paving the way for a move toward 2756. On the other hand, if the price stabilizes below 2718, it could drop to 2706, and a 4-hour candle close below 2706 would confirm a...
Crude Prices Decline on Expectations of Trump's Energy Policy Shift Crude oil prices fell early Monday, driven by expectations that U.S. President-elect Donald Trump may ease restrictions on Russia's energy sector as part of a potential deal to resolve the Ukraine conflict. Brent crude dipped 0.3% to $80.54 per barrel, while West Texas Intermediate (WTI) crude...
USNAS100 Technical Analysis As previously mentioned, the price has moved upward, successfully reaching our target of 21635. Currently, the bullish trend remains intact, especially after a correction to the pivot line. As long as the price trades above 21545, it is expected to reach 21635 again. A 1-hour candle close above 21635 could pave the way for a move...
US Equity Investors Focus on Corporate Earnings and Policy Announcements US equity investors are set to focus on major corporate earnings this week while also keeping an eye on potential trade policy announcements from the Trump administration and developments in macroeconomic data. S&P 500 Analysis The S&P 500 price continues to exhibit bullish momentum,...
USNAS100 Technical Analysis The price has broken out of the channel and stabilized above it. A correction is expected to 21,380 before pushing upward toward 21,630. If a 4-hour candle closes above 21,630, the bullish trend is likely to extend toward 21,760. For a bearish outlook, the price must break below 21,380 with a 4-hour candle close, targeting the 21,215...
US30 Technical Analysis The price has broken the previous resistance level at 43,350, as mentioned earlier, and has reached all bullish targets. Now, a price correction is expected, potentially dropping to 40,450 or 43,350, before pushing upward toward 43,760. To confirm a bearish trend, the price must break below 43,350 by closing a 1-hour candle, which could...
XAU/USD: Gold Prices Steady Near $2,700 – Outlook in a Trumpian Era Gold prices go easy Gold prices (XAU/USD) remained steady on Monday morning, fluctuating around $2,700 per ounce as Donald Trump prepared to step onto the podium. With the U.S. observing a holiday (markets are closed) in honor of Martin Luther King Jr., global attention shifts to Trump’s...
S&P 500 Analysis The price needs to stabilize below 5,969 to target 5,937, and breaking this level would confirm a continuation of the bearish trend towards 5,893. Alternatively, the price must break above 5,969 by closing a 4-hour or 1-hour candle to signal a bullish trend, with potential upside targets at 6,022. Currently, the market is consolidating between...
USNAS100 Technical Analysis The price needs to break the channel and pivot line at 21,380. Closing a 4-hour or 1-hour candle above this level will signal a bullish trend, targeting 21,630. Alternatively, as long as the price remains below 21,385, it is likely to test 21,215. A break below 21,215 would confirm entry into a bearish zone, with further downside...
Futures Rise on Strong Bank Earnings; Inflation Data in Focus Strong quarterly earnings from major Wall Street banks lifted U.S. stock index futures on Wednesday, with investors eagerly awaiting a key inflation report due later in the day. US30 Technical Analysis The price has reached the resistance level at 42770 and is expected to consolidate between 42770 and...
EUR/USD Analysis The price exhibits bearish momentum, as it has already broken below the pivot line at 1.0367 and closed the weekly candle beneath it. This confirms a downward bias in the near term. In the short term, the price may retest the pivot line around 1.0367 before continuing its drop. If bearish momentum persists, the price is expected to decline...
Gold Technical Analysis The price has reached the resistance level at 2689 and is attempting to test 2678 ahead of or during the release of CPI data. Based on current expectations, gold is likely to remain in a bearish trend. If the CPI exceeds 2.9%, the bearish momentum is expected to intensify, with the price targeting 2665. Conversely, if the CPI comes in...
Futures Steady Amid Caution Ahead of Bank Earnings and Key Inflation Data USNAS100 Technical Analysis The USNAS100 is expected to experience heightened volatility as traders anticipate the upcoming bank earnings reports and the release of key inflation data. The CPI is forecasted at 2.9%, up from the previous 2.7%. If the CPI exceeds 2.9%, bearish pressure is...
S&P 500 Analysis: Pre-Bell Outlook Earnings, CPI Expectations Lift Wall Street Futures; Asia Mixed, Europe Gains Wall Street futures edged moderately higher in pre-market trading on Wednesday as investors positioned themselves ahead of the release of the December Consumer Price Index (CPI) report from Washington and the kickoff of the fourth-quarter earnings...