taha.boukhari.med

taha.boukhari.med

Natural gas prices have recently touched oversold territory on the weekly chart as indicated by the Relative Strength Index (RSI), and the downtrend appears to have reached the lower parallel of the downward channel that began in August. Further confirmation is needed before a reversal to target the 3.5 level can be expected.

taha.boukhari.med

The US Dollar Index (DXY) found support on the 50% Fibonacci level and the important 102 level in the Weekly chart. The strong Non-Farm Payrolls (NFP) report on Friday, which saw the addition of more than 500,000 jobs, confirms that a bounce is taking place and indicates that market participants are now pricing in the probability of no rate cuts in the second...

taha.boukhari.med

After testing the bottom on 18 JUN which is an old resistance level of 11 DEC 2017, Bitcoin started accumulating and preparing for a reversal by forming a triple bottom pattern. Monday Bitcoin broke the 21779-resistance level that has held for more than 3 weeks. The next target will be 29000, that is the last solid support from 28 MAY and the 100 MA in the 1D chart.

taha.boukhari.med

-OIL resistance level at the 100 MA that played resistance/ support level for the last 5 times. Including fears of slowdown growth around the world which impact demand. -CME Group’s flash data for crude oil futures markets noted traders scaled back their open interest positions by around 16.7K contracts on Friday, reversing two daily builds in a row at the same...

taha.boukhari.med Updated 

DXY after nonstop appreciation touching extremely higher levels started giving clear signals of correction after touching the old resistance level with 0.618 Fibonacci level on the monthly chart. The next target is 107.5.

taha.boukhari.med

Silver is continuing the Selloff happening all over commodities assets and we are now waiting for a breakout on the weekly chart of a strong support level. The selloff happening right now on all commodities is a reason for recession fears surrounding the world as different central banks are fighting inflation by increasing rates and as less demand is coming from...

taha.boukhari.med

Gold breaking the 1720 support going to the 1682 target The divergence between GOLD AND USD is continuing but the general selling move all over commodity assets is continuing too. . Silver, which saw its lowest level since July 2020 at $18.9 per ounce last week, also fell 2.8%. . The barrel price of USOIL fell to $94 due to recession concerns during the week.

taha.boukhari.med

USDJPY Touching resistance level of a Bearish pattern and going back from 139.1 toward the next level 138 Japanese responsible keep expressing their worries about yen weakness. www.forexfactory.com

taha.boukhari.med Updated 

Peace From 3 important US equity indices NDQ/ SPX/ DJI. we are at an important confluence point where two long-term trends are indicating a strong probable reversal. The actual trend came with no solid economic sustained growth (the Majority of Economies just started to return to the pre-pandemic economic numbers) and the FED will start to tighten soon maybe...

taha.boukhari.med Updated 

Everything on the chart

taha.boukhari.med Updated 

Everything on the Chart.

taha.boukhari.med Updated 

Hi Everthing is on the Graph.

taha.boukhari.med

Peace From a technical point of view the AUS/USD is going down

taha.boukhari.med

PEACE FROM THE RSI THE UP TREND WILL CINTINUE .1.1544 LIKE A TARGET. WHAT YOU THINK ?