US30 / Technical Analysis The price will try to touch 43200 while above 42770, so has a bullish momentum from 42770. Bearish Confirmation will be activated by the stability of the price below 42580 Key Levels: Pivot Point: 42920 Resistance Levels: 43210, 43350, 43650 Support Levels: 42770, 42580, 42390 Trend Outlook: Bullish Momentum while above...
S&P 500 Analysis The price has bullish momentum and is likely to reach 6022. If it stabilizes above this level, it may rise further to 6099, especially if it breaches the descending trendline. If the price stabilizes below 6022, it will likely consolidate between 6022 and 5969 until a breakout occurs. A break below 5937 could signal the start of a bearish...
Gold Trading Lower Despite Dollar Weakness Gold prices traded lower on Friday afternoon, even as the dollar retreated from its highest level in more than two years and Treasury yields eased. Gold Technical Analysis The price precisely reached our resistance level at 2665 and then dropped to the pivot line at 2636, as anticipated in the previous week's...
USD/JPY Analysis The overall trend remains bullish, but confirmation of the bullish scenario requires a 4-hour candle close above 157.980. If this occurs, the price is likely to target 159.820 and 161.820. On the other hand, if a 4-hour candle closes below 156.580, it signals a potential drop toward 153.980. A further break below this level could see the price...
Gold Price Analysis: A Historical Overview and Future Outlook Gold has always played a crucial role as a safe-haven asset during periods of economic uncertainty. Over the years, its price movements have been shaped by various global events. Let’s take a step-by-step look at the key historical moments and their implications for the future. [ b]Historical...
Gold Technical Analysis The price is approaching the resistance level at 2,653. A 4-hour candle closing above this level will confirm further bullish momentum, potentially pushing the price toward 2,665. Alternatively, if the price stabilizes below 2,653, it is expected to decline to 2,636. A 1-hour candle closing below 2,636 will strengthen a bearish trend,...
S&P 500 Technical Analysis The price has stabilized below the support level at 5,935, indicating a continuation of the bearish trend toward 5,863. If it breaks below this level, the next target would be 5,808. On the other hand, a 4-hour candle closing above 5,935 is required to confirm a bullish trend, with a target of 5,969. Key Levels: Pivot Point:...
USNAS100 Technical Analysis The price has dropped and stabilized in the bearish zone after breaking the support level at 21,215. As long as it trades below 21,215 and 21,150, the bearish trend will continue toward 20,990. If it falls below this level, it may reach 20,860. On the other hand, a 4-hour candle closing above 21,220 would indicate a bullish trend,...
Technical Analysis The price will try to touch 43200 while above 42770, so has a bullish momentum from 42770. Bearish confirmation will be established if the price stabilizes below 42,580. Key Levels: Pivot Point: 42770 Resistance Levels: 43210, 43350, 43650 Support Levels: 42770, 42580, 42390 Trend Outlook: Bullish Momentum: Stabilized above 42,910 Bearish...
Technical Analysis The price currently exhibits bullish momentum, aiming to reach 21,400. A 1-hour or 4-hour candle closing above 21,400 is expected to drive the price further upward toward 21,540. Conversely, if a 4-hour candle closes below 21,400, the price is likely to range between 21,400 and 21,220. Key Levels: Pivot Point: 31350 Resistance Levels: 21400,...
S&P 500 Analysis The price is currently trading with bullish momentum, reaching 5,969. A breakout above 5,969 is likely to push the price towards 6,022. On the other hand, if the price remains stable below 5,969, it will fluctuate between 5,969 and 5,935. A break and a 4-hour candle closing below 5,935 will support a bearish trend, targeting 5,893 and...
Gold Technical Analysis The price is about to reach the resistance line which is 2636 and then will consolidate between 2636 and 2620 until a breakout occurs. If the price breaks above 2638 with a 4-hour candle close, it signals a continuation of the bullish trend toward 2653. Conversely, stability below 2620 could drive the price down to 2605. Key...
Gold Technical Analysis The price continues to consolidate within the range of 2,620 and 2,604, awaiting a breakout. A 1-hour or 4-hour candle closing below 2,604 would confirm a bearish trend, with potential targets at 2,585 and 2,558. Conversely, if a 4-hour candle closes above 2,623, it would signal a bullish trend, paving the way for upward movement toward...
Technical Analysis Yesterday, the price dropped approximately 400 pip and reversed at its support level. Today, the price is expected to test 21,200. A break below this support level (21,200) could extend the bearish trend toward 20,990. However, if the price stabilizes above 21,200 with a 4-hour candle close, it could push higher toward 21,400. Stability above...
S&P 500 Technical Analysis It's the final trading day of the year. The price shows bullish momentum up to 5,969, which must be confirmed by a 4-hour candle closing above this level. This could lead to a further rise toward 6,022, followed by a correction. Conversely, stability below 5,969 will trigger a bearish move from 5,969 toward 5,899 and potentially...
Gold Technical Analysis The price today is expected to consolidate between 2,620 and 2,605 until a breakout occurs. Initially, the price is likely to drop below 2,620 toward the support level at 2,605. Breaking below this level could extend the bearish movement toward 2,585. However, a 4-hour candle must close above 2,620 to target 2,636. Key Levels: Pivot...
Technical Analysis The price exhibits bearish momentum as long as it trades below 21,535 and 21,620. This indicates a bearish zone targeting 21,390. A 4-hour or 1-hour candle closing below 21,390 could lead to a further drop toward 21,215. To confirm a bullish trend, a 4-hour candle must close above 21,630. Key Levels: Pivot Point: 21530 Resistance Levels:...
S&P 500 Technical Analysis The price dropped on Friday and stabilized within bearish momentum. In general, as long as it trades below 6,022, the bearish trend is likely to continue toward 5,936, with the potential to reach 5,863 if the downward momentum persists. The S&P 500 is currently consolidating between 5,993 and 5,936 until a breakout occurs. Key...