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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...

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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...

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USOIL Analysis The price has stabilized above the pivot line and closed the daily candle above it, indicating a continuation of the bullish trend gradually toward 75.35. A retest of 72.75 is possible before pushing up again. On the other hand, a 4-hour candle closing below 72.74 would confirm a bearish trend, targeting 71.78. Key Levels: Pivot Line:...

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GBP/USD Analysis Sterling Weakens to an 8-Month Low The British pound has dropped to $1.240, marking its lowest level in eight months. This decline is driven by concerns over the UK’s economic resilience and a stronger US dollar. The UK economy remains stagnant, with revised Q3 figures showing no growth, adding to the challenges faced by Prime Minister Keir...

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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 area around 1.0345 or 1.0367 before continuing its drop. If bearish momentum persists, the price is expected to decline...

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Gold Technical Analysis The price stabilized in the bullish zone after breaking above 2665. As previously mentioned, stability above 2665 led to a move toward 2678 and subsequently reached 2697 before reversing back to the pivot zone at 2665. If the price trades above 2665 again, it is expected to push higher toward 2678 and 2688. Conversely, a 1-hour candle...

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US30 Technical Analysis The price has stabilized in bearish momentum after closing below 41,970. As long as the price trades below 41,970, it is expected to drop to 41,740, with a further decline toward 41,560 if this level is broken. Conversely, a 1-hour candle close above 41,970 could push the price to 42,130. To confirm a bullish trend, the price must...

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USNAS100 Technical Analysis The price has dropped approximately 2.68% since our previous analysis. Today, the price is expected to continue trading with bearish momentum as long as it remains below 20,670. A 1-hour candle close below 20,550 would likely confirm a further drop toward 20,330. On the other hand, a 4-hour candle close above 20,670 would indicate a...

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S&P 500 Analysis The price has dropped, breaking the trend line and stabilizing below the support zone. As long as the price remains below 5783 this week, it is expected to target 5734 and 5693. If a 4-hour candle closes below 5693, the price could continue to drop toward 5643. On the other hand, a daily candle closing above 5805 would signal a bullish move...

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USNAS100 Technical Analysis The price is still consolidating between 20990 and 20215 till breaking. so as long as trades below 21215 mean will touch 20990 and 20860. A bullish attempt will be activated by closing 4h candle above 21220. Key Levels: Pivot Point: 21215 Resistance Levels: 21280, 21390, 21535 Support Levels: 20990, 20860, 20670 Trend Outlook:...

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S&P 500 Analysis The price is currently ranging between 5895 and 5918, awaiting a breakout to determine the next direction. A break below 5895 is likely to push the price into a bearish move toward 5863. If the price remains above 5895, it may attempt to reach 5937 before any potential decline. A break above 5937 would signal a bullish continuation towards...

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Gold Technical Analysis The price has stabilized in the bullish zone after breaking above 2665. As we mentioned earlier, stability above 2665 would lead to a move towards 2678. The price has already broken 2678, indicating that the bullish trend is likely to continue towards 2690 and 2706. However, there is a possibility of a correction, which could bring the...

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USNAS100 Technical Analysis The price has dropped by approximately 500 pips and continues to move toward 20,990 while remaining below 21,215. As long as the price trades below 21,215 and 21,160, it is expected to target 20,990 and 20,860. A retest of 21,215 is possible before resuming the bearish trend. A bullish reversal will be confirmed only if a 4-hour...

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US30 Technical Analysis The price needs to stabilize below 42,770 and 42,590 to maintain the bearish trend toward 42,380 and 42,130, particularly if a 4-hour candle closes below 42,590. For a bullish trend to emerge, the price must break above 42,770, with the next target at 43,200. Key Levels: Pivot Point: 42590 Resistance Levels: 42770, 42980, 43210 Support...

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Gold Technical Analysis The price has dropped from its resistance level at $2,665 and is now attempting to stabilize within a bearish trend, potentially targeting $2,636. A move below $2,636 would likely extend the decline toward $2,623. Conversely, a break above $2,665 would signal a shift to a bullish trend, with potential targets at $2,678 and higher. Key...

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Gold Analysis Gold Prices Rise by Over 1% Gold prices climbed more than 1%, reaching $2,660 per ounce on Tuesday. The rise was supported by a weaker dollar as traders grappled with uncertainty surrounding President-elect Donald Trump’s tariff policies amid conflicting signals. Additional support came from China's central bank, which increased its gold...

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USNAS100 Technical Analysis The price has reached the resistance zone and now needs to break above 21,645 with at least a 1-hour candle close to continue the bullish movement toward 21,750 and 21,890. Otherwise, it is possible for the price to reach 21,535, which must then be broken with a 1-hour candle close to confirm a bearish trend toward 21,390. Key...

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Gold Technical Analysis The price is expected to stabilize within the bearish zone, targeting 2603 as long as it trades below 2636. It may attempt a corrective move towards 2631 or 2636 before resuming a downward trend to break 2623 and reach 2603. A 1-hour candle closing below 2623 will further strengthen the bearish momentum towards 2603. Key Levels Pivot...