Hello everyone, GOLD N4H NEW FORECAST The gold price presented positive trades yesterday, moving away from the pivotal support level of 2343, enhancing expectations for the continuation of the upward trend, recalling that our expected targets start at 2393 and then 2431. The moving average 50 supports the proposed bullish wave, and the price may witness some...
Hello everyone, WTI Oil 4H NEW FORECAST The oil price shows some upward tendency after touching the 77.64 level, and may head towards testing the 79.50 level before returning to decline, noting that the price is facing conflicting technical factors that may cause sideways trading between the mentioned levels. Therefore, we are likely to witness sideways...
Hello everyone, GOLD 4H NEW FORECAST The price of gold was based on the moving average 50 and began to provide positive trades at the opening of the day, enhancing the chances of heading to resume the main upward trend, stimulated by the positivity of the Stochastic indicator, which is clearly visible now, awaiting the achievement of our positive goals that...
Hello everyone, EURUSD 4H NEW FORECAST The EURUSD price tested the 1.0795 level and maintained its stability below it. We note that the Stochastic indicator begins to cross negatively now, waiting to stimulate the price to resume the expected downward trend in the intraday term, targeting the levels of 1.0715 and then 1.0615 as the next main stations. Pivot...
Hello everyone, SPx500 4H NEW FORECAST The index price was forced to offer new sideways trades by settling near the barrier represented by the 5225 level, trying to gather additional positive momentum to enable it to confirm the breach of this barrier and reach the additional stations positioned at 5243 and 5265, respectively. The risk of changing the trend for...
Hello everyone, EURUSD 4H NEW FORECAST The EURUSD price tested the 1.0795 level and maintained its stability below it. We note that the Stochastic indicator begins to cross negatively now, waiting to stimulate the price to resume the expected downward trend in the intraday term, targeting the levels of 1.0715 and then 1.0615 as the next main stations. Pivot...
Hello everyone, GBPJPY 4H NEW FORECAST In yesterday's trading, the pair's price resumed its upward momentum, moving away from the additional support centered near 194.40. We notice its fluctuation near the first additional target represented by the level of 196.50. We point out that the continued presentation of the main indicators of positive momentum calls...
Hello everyone, SPx500 4H NEW FORECAST The price is anticipated to continue its bullish trend towards 5243, after which it is expected to commence a downward movement upon stabilizing below this threshold. A reversal below 5225 would likely confirm the continuation of a bearish trend, targeting levels of 5206 and 5182 . Pivot Line : 5225 Resistance Line :...
Hello everyone, WTI Oil 4H NEW FORECAST The price of oil shows additional negative trading at the opening of the day, reaching the outskirts of the 78.32 level, and we expect the negative pressure to continue to break this level and open the way to achieving additional negative targets that reach the 77.59 areas as the next main station. Therefore, the...
Hello everyone, Dow Jones 4H NEW FORECAST The index price saw a new bullish push and approached the additional target at 39798. Trading stability above the 39559 level enhances the chances of the price gathering positive momentum to breach the 39798 level. Forming a temporary sideways oscillation that requires greater stability. Pivot Line : 39559 Resistance...
Hello everyone, USDJPY 4H NEW FORECAST The narrow range dominates the recent trading of the dollar price against the yen, which remains stable near the 155.66 level, maintaining its stability above it. There is no change in the expected bullish trend scenario in the immediate and short term, which is organized within the ascending channel that appears in the...
Hello everyone, GBPUSD 4H NEW FORECAST The price of the pound sterling against the dollar is hovering around the moving average 50, showing narrow-range trading in the past sessions, waiting for a negative incentive that will contribute to pushing the price to resume the expected downward trend for the coming period, whose goals begin with breaking 1.2515 to...
Hello everyone, EURUSD 4H NEW FORECAST The price of the euro against the dollar shows some bearish tendency after the rise it witnessed in the past sessions, to attempt to resume the bearish wave expected in the immediate term, which aims to test the 1.0765 level initially, with a reminder that breaking this level will push the price towards 1.0742 as a next...
Hello everyone, GOLD 4H NEW FORECAST The price of gold fluctuates slightly negatively, moving around 2345, noting that the Stochastic indicator got rid of its negative momentum to reach oversold areas, waiting to stimulate the price to resume the expected upward trend in the immediate and short term, which targets the levels of 2356 and then 2375 as the next...
Hello everyone, GBPUSD 4H NEW FORECAST The GBPUSD rate is showing slight positive trading. It may be heading towards a possible test of the pivotal resistance 1.2550 before returning lower again. The downward trend scenario is valid unless the price rushes to breach the mentioned resistance and hold above it. Expected targets start at 1.2480 and extend to...
Hello everyone, WTI Oil 4H NEW FORECAST The price has breached the resistance zone and continues its upward trajectory, aiming to reach 80.40 . We anticipate a minor correction to 79.60 before the price ascends further towards 80.40 , and potentially beyond to 81.03. Conversely, a consolidation below the levels of 79.60 could indicate a downward movement...
Hello everyone, Dow Jones 4H NEW FORECAST The index price returned in yesterday’s trading to test the additional support extending towards 39092, which constitutes an essential factor in confirming the bullish scenario. We notice that the price is covered in green as a result of achieving significant gains by exceeding the first stable target at 39559 and...
Hello everyone, GOLD 4H NEW FORECAST The price of gold ended yesterday's trading with a noticeable positive note, as it breached the 2325 level and settled above it, halting the downward corrective path and heading towards resuming the main upward trend, on its way to achieving gains starting at 2393 and extending to 2431. Therefore, the upward bias will be...