Arazmajeed

Arazmajeed Updated 

US30 New forecast The price perfectly fulfills my last idea and price reached to our target . Yesterday, the index price formed some negative waves, touching the 33250 level, trying to break free from the stability of the 33600 level, increasing the chances of resuming the previously suggested negative attack. We note that the repeated negative stability...

Arazmajeed Updated 

USNAS100 New forecast The index price continued to postpone downward corrective attempts due to its lack of negative momentum, and continued to fluctuate sideways near 14915, as shown in the attached figure. We would like to remind you that our bearish bias will remain based on the stability of the stable barrier at 154915. We expect the price to gather...

Arazmajeed

USOIL New forecast The price perfectly fulfills my last idea and price reached to our target . On Wednesday, there is a meeting of the members of OPEC Plus, and the decision is in their hands. Increase production. We will witness a decrease in prices. Extending the reduction, we will witness an increase in prices. Additionally tomorrow we have US crude oil...

Arazmajeed

USDJPY New forecast The USD/JPY pair continues to fluctuate around the support of the ascending channel, and is quietly creeping upward to reach the 150.00 barrier, waiting for this level to be crossed to open the way towards heading towards our next positive target at 150.55 and 151.00. In general, we continue to favor the upward trend for the coming period...

Arazmajeed

GBPUSD New forecast The price perfectly fulfills my last idea and price reached our target . The British pound pair against the dollar is showing some upward tendency to approach the pivotal resistance 1.2110. The price needs to hold below this level for the bearish trend scenario to remain effective for the coming period, as breaching it will lead the price...

Arazmajeed

EURUSD New forecast The price perfectly fulfills my last idea and price reached to our target . The EUR/USD pair shows further decline to exceed the 1.0516 level and settle below it, confirming the continuation of the bearish trend’s dominance in the immediate and short term, to continue the decline within the main descending channel that appears in the chart,...

Arazmajeed

GOLD New forecast The price perfectly fulfills my last idea and price reached to our target . The price of gold continues to decline to reach the outskirts of the expected extended target at 1810, and we expect the bearish tendency to continue to exceed this level and achieve additional negative targets extending to the 1800 areas. Therefore, the downward...

Arazmajeed Updated 

GOLD New forecast Gold achieved with us all the downward targets mentioned in my analyzes last week, and I mentioned that the movement would be strong to contradict the general downward channel, and this is what actually happened, so prices fell to the price equilibrium levels for gold, which extend from levels to 1845. Last week, gold formed a weekly peak at...

Arazmajeed Updated 

BTCUSD New forecast Bitcoin, the largest digital currency in the world, trade in the narrow area between the support zone 24828 - 25820 and resistance zone 28345-28900 and its trading between them sine 20 Aug After it failed to breaching the support zone many times . Technical Abstract : as we see in the chart the price of BTC trade at the bullish channel...

Arazmajeed

USOIL New forecast The oil price is facing strong support around 90.55, providing signs of an attempt to build a new ascending wave, which requires attention in the upcoming trading, as breaching 92.50 represents the key to restoring the main upward trend and heading towards 94.02 initially, while the price needs to break 90.55 to confirm the continuation of...

Arazmajeed

US30 New forecast Until this moment, the index price has maintained its negative stability below the neck level of the two-peak pattern, extending towards approximately 34045, confirming its surrender to the control of the bearish tendency by sneaking towards 33600, as is clear in the attached figure. Likewise, the stability of trading below the current 33600...

Arazmajeed

USNAS100 New forecast There is nothing new in the index price with its repeated fluctuation near 14823, affected by the conflict of positivity of the main indicators in the face of repeated negative stability below the additional barrier stable at 15180. Therefore we expect the price will be continue at the bearish trend supported by resistance zone but to...

Arazmajeed

USDJPY New forecast The USD/JPY pair faced negative pressure in the past sessions and tried to break the support of the ascending channel, but it maintained its stability above the support of the ascending channel, so that the upward trend scenario remains valid in the immediate and short term, awaiting achieving our goals, which start at 150.00 and extend to...

Arazmajeed

GBPUSD New forecast The pound sterling pair against the dollar was able to touch 1.2260 and rebounded downward from there, providing signals of a move to resume the main downward trend within the downward channel that appears in the chart, waiting to head towards 1.2135 and 1.2100 as a negative station. From here, a bearish bias will be expected for today,...

Arazmajeed

EURUSD New forecast The EUR/USD pair found strong resistance at the 1.0616 level, showing some slight bearish bias and attacking the support level 1.0554,so breaching that level will put the price under sell pressure and targeting the negative stations , 1.0500 and 1.0440. Therefore, the downward trend scenario will remain effective for the coming period, and...

Arazmajeed Updated 

GOLD New forecast The price perfectly fulfills my last idea and price reached to our target . The price of gold continued to decline, breaking the 1873 level and closing the daily candle below it, as it succeeded in touching our new expected target at 1860, and we expect the decline to continue to achieve additional negative targets. Therefore, the downward...

Arazmajeed

EURUSD New forecast The euro/dollar pair continued to rise, breaching the 1.0545 level and settling above it, heading towards making some upward correction, targeting testing the 1.0608 level as a stop. Therefore, a bearish bias will be likely for today supported by bearish channel , so as long as the price is trading below a barrier the price will try to...

Arazmajeed Updated 

GOLD New forecast The price perfectly fulfills my last idea and price reached to our targets. Gold price trading stabilizes at the 1873 level after the strong decline it witnessed yesterday, and we are likely to resume negative trading to break the aforementioned level and open the way to heading towards the 1860 levels and then 1845 as the next negative...