Hello everyone, USNAS100 4H NEW FORECAST The price of the index has moved at any rate until this moment to notice its continued fluctuation within the temporary side path represented by the initial stable support at 19360.00, while the level of 18452 represents a strong obstacle to the attempt to resume the upward attack. From the above, we will remain...
Hello everyone, GOLD 4H NEW FORECAST Gold price trading stabilizes around the 2210 level after the rise it witnessed in recent sessions. We notice that the price lost its positive momentum, causing the upward wave to stop temporarily. Waiting to gather positive momentum that will help push the price to resume the rise and head towards our first awaited target...
Hello everyone, EURUSD 4H NEW FORECAST The price of the euro against the dollar fluctuates slightly negatively. It tries to stay away from the broken neckline of the double top pattern. It is under negative pressure formed by the 50 moving average. To support the continuation of the expected downward trend in the immediate term. Its targets start by testing...
Hello everyone, SPx500 4H NEW FORECAST The index price did not move anything until this morning's trading, as it was confined between the additional support centered at 5265, while the stability of the resistance of the ascending channel extending towards 5335 hinders the chances of recording any of the additional gains previously suggested. The above...
Hello everyone, GBPUSD 4H NEW FORECAST The GBP/USD price found strong support at the 1.2580 level. It shows some upward bias and is approaching a retest of the broken neckline of the double top pattern shown on the chart. The 50 moving average forms negative pressure against the price, to support the chances of continuing the bearish corrective trend, whose...
Hello everyone, EURUSD 4H NEW FORECAST The euro/dollar price trades stabilize at the broken neckline of the double top pattern. The price remains stable below it, which keeps the negative effect of this pattern effective. The expected bearish trend is expected to resume in the intraday period, keeping the first target at 1.08286 . The Stochastic indicator is...
Hello everyone, Dow Jones 4H NEW FORECAST The index price is still affected by the instantaneous negativity of the Stochastic indicator, forcing it to present a new sideways fluctuation as it stabilizes near the support represented by the level of 39559 . The scenario for nearby trading depends on the strength of the current support so that we expect the price...
Hello everyone, USNAS100 4H NEW FORECAST The index price is still affected by the dominance of the sideways bias as a result of the continued conflict of the negativity of the Stochastic indicator, with its exit from the overbought level, in the face of general stability within the axes of the ascending channel, in addition to the stability of the initial...
Hello everyone, GOLD 4H NEW FORECAST Gold price trading stabilizes above the 2200 level, which keeps the expected bullish trend scenario effective in the immediate term. The 50 moving average supports the price from below, enhancing expectations for a rise. Breaking the 2200 level will stop the upward trend and put pressure on the price to conduct an...
Hello everyone, EURUSD 4H NEW FORECAST The price of the euro against the dollar fluctuates around the $1.0800 barrier, and is affected by the previously completed double top pattern, heading towards achieving more of the expected bearish slope during the coming sessions, remembering that the expected targets start at $1.0765 and extend to 1.0685 after breaking...
Hello everyone, USNAS100 4H NEW FORECAST The index price was affected by the dominance of the sideways slope temporarily, and we notice that it is currently fluctuating near the 18250 level as a result of the Stochastic indicator’s attempt to exit the overbought level, which may postpone the resumption of the bullish attack for the current period. Holding...
Hello everyone, GOLD 4H NEW FORECAST The price of gold ended last Friday's trading at 2166, with attempts to break this level continuing. The conflict between selling and buying pressures seems to be heating up, but technical signals offer a glimmer of hope for investors. Technical indicators provide positive signals that may support the recovery of gold...
Hello everyone, GBPUSD 4H NEW FORECAST The price of the pound sterling against the dollar achieved a strong breach of the resistance of the descending channel that appears in the chart, heading towards resuming the main upward trend, on its way to achieving positive targets starting at 1.2880 and extending to test the 1.3000 barrier mainly. Therefore, we...
Hello everyone, EURUSD 4H NEW FORECAST The price of the euro against the dollar rose strongly at the end of yesterday’s trading, breaching the 1.0860 level and approaching the 1.0910 level now, as we note that the price was based on the penetrating neckline of the previously completed inverted head and shoulders pattern and resumed the positive effect of this...
Hello everyone, GOLD 4H NEW FORECAST The price of gold ended yesterday’s trading with strong positivity, as it breached the $2160.00 level to activate the positive scenario again, and begins the day with a sharp rise to exceed the positive target of 2200 and record new historical peaks that reached 2222.91 , opening the way to continue the rise and achieve new...
Hello everyone, USNAS100 4H NEW FORECAST In yesterday's trading, the index price was able to get rid of the control of the sideways bias by presenting the main indicators of additional positive momentum, to notice that it activated a new upward impulse, achieving more historical gains by reaching towards 18455. We expect the price to continue forming an upward...
Hello everyone, US30 4H NEW FORECAST The index price succeeded in confirming the bullish scenario by surpassing yesterday the resistance of the stable ascending channel near 39640 , to notice the formation of a strong upward impulse, thus stabilizing above the psychological barrier represented by the 40000 level. The price may currently be forced to form...
NEW FORECAST The price of the euro against the dollar is testing the first pivotal resistance 1.0900 and maintains its stability below it, and the moving average 50 meets this level to add more strength to it, so that the bearish trend scenario remains effective for today, whose targets begin with breaking 1.0880 to head towards 1.0860. We note that the...