SroshMayi

SroshMayi Updated 

SPx New Forecast The price reversed and stabilized at the bullish zone because already at the pivot line which is 5120, so stability at this area means will continue the bullish trend to get 5177 and then will move between 5177 and 5120 till breaking should stable under the pivot zone which is between 5120 and 5103 to be downtrend till 5080 Pivot Line:...

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U.S. crude oil inventories are forecasted to grow by 1.2 million barrels for the week ending May 3, a decrease from the 7.3 million barrel surge reported in the prior week, according to strategists at Macquarie in a recent Monday briefing. The overall U.S. crude balance is projected to be considerably looser than previously expected. technically: The price...

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GOLD New Forecast As previously forecasted, the price has declined and is nearing our targeted level. Currently, the price is poised to consolidate within the range of 2327 and 2302 before any breakout occurs. Presently, there remains bearish pressure, and as long as trading continues below 2327, it is likely to reach 2302. It may experience interim...

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USNAS100 New Forecast The price has a senstive movement between 18030 and 18090 till breaking stability under 18030 means will try to touch 17940 as well, and under it will continue the bearish trend till 17795 otherwise stability above the trend line about 18100 means will continue the bullish trend till 18250 pivot line: 18090 Resistance Price: 18250,...

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US30 New Forecast The price moved as our previous idea and reached our target perfectly. So now it is possible to do a retest till 38820 and then start a bullish trend toward 39010 and 39075, breaching 39075 means a continuation bullish trend toward 39285 otherwise closing 4h candle under 38820 will move under the bearish effect toward 38660 Pivot line:...

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SPx New Forecast the price reached our target as we mentioned in the previous idea. Now, it still has a bullish trend to reach 5224 from the pivot line which is 5177, so otherwise, it should break 5177 by closing 4h candle under it to get 5150 and 5120 Pivot Line: 5177 Resistance Levels: 5202, 5224, 5249 Support Levels: 5153, 5120, 5103 Today’s expected...

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According to Brent Donnelly of Spectra Markets, the US dollar appears increasingly susceptible due to a combination of heavily skewed speculative positions and early signs of softening in certain US economic indicators. Last week, the USD saw a general decline following a surprisingly dovish Federal Open Market Committee (FOMC) meeting. The Fed indicated a more...

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The dollar slightly declined on Monday, influenced by a disappointing U.S. jobs report last Friday that fueled speculation about multiple Federal Reserve rate cuts this year. Meanwhile, the yen weakened following last week's presumed market intervention. The EURUSD pair gained ground on Friday and commenced the new week on a steady, albeit slow, trajectory after...

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GOLD New Forecast The price of gold is expected to reach 2327 before experiencing a decline, as it remains under bearish pressure with potential targets at 2307 and 2302. Conversely, a break above 2327 could signal a shift to a bullish trend. The situation in the Middle East is stable, which could influence a decline in prices as part of their monthly retest....

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U.S. stock index futures rose on Monday, signaling potential further gains on Wall Street amid increased anticipation of a Federal Reserve interest rate cut later this year. After a tumultuous April, U.S. stock indexes seem to have found stable ground, buoyed by an unexpectedly strong first-quarter earnings season and optimism over potential easing in U.S....

SroshMayi Updated 

Gold continues to exhibit a downward trend, with potential targets at 2290 and 2278. A further decline below 2278 could initiate a new bearish phase, targeting 2260. Conversely, a breakthrough above 2307 would confirm a bullish trend, suggesting potential upward movement towards 2327 should prices stabilize above this level. Additionally, today's Non-Farm Payroll...

SroshMayi Updated 

Oil prices increased early on Thursday, recovering from a six-week low after a significant 3.6% fall the previous day, which was the lowest point since mid-March. This drop was attributed to an unexpected surge in U.S. stockpiles, indicating softer demand than anticipated. At the same time, market observers have pointed out that the Federal Reserve has kept...

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USNAS100 The price about the bearish pressure to get 17600 and 17500 because there is a strong resistance line but we have NFP and Job Data will affect the market strongly for both sides, otherwise, stability above 17685 means will touch 17795 and above it toward 17950 pivot line: 17685 Resistance Price: 17795, 17950, 18030 Support price: 17600, 17500,...

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Futures linked to major Wall Street indices rose on Friday, buoyed by positive corporate announcements from Apple and Amgen. Traders are now poised for the release of a critical jobs report, which is expected to provide more clarity on labor market conditions and the trajectory of interest rates. Attention is turning towards the crucial Nonfarm Payrolls report...

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The price is currently following a bearish trajectory, targeting a level of 4997. It is essential for the price to close a 4-hour candle below this level to continue the downtrend towards 4953. Stabilizing the price below 5054 will reinforce the bearish trend, potentially leading to price levels of 5021 and then 4997. Therefore, the expected range of movement...

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On Thursday, gold TVC:GOLD prices declined as investors analyzed the likelihood of the U.S. Federal Reserve easing monetary policy this year. This reassessment came after the Federal Reserve noted that inflation progress has halted, suggesting that interest rates might remain elevated for an extended period. technically side: There are two possible scenarios...

SroshMayi Updated 

Metal prices are varied, with gold declining amid diminishing tensions. The price of gold is currently experiencing bearish momentum, targeting 2327 as long as it remains below 2342. Should it breach 2327, the bearish trend is expected to persist until reaching 2302. Conversely, a closure of a 4-hour candle above 2342 would indicate a potential rise to...

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AUDUSD is under bearish pressure, as long as the price trades under the pivot line which is 0.6549 means downward toward 0.66415 and 0.6358 otherwise should be stable above the pivot line to be upward till 0.6616 and 0.6682 the retest is available till 0.6508 or 0.6549 pivot price: 0.6549 Resistance Price: 0.6616 & 0.6648 & 0.6682 Support Price: 0.6416 & 0.6358...