Hello everyone, GBPUSD 4H NEW FORECAST Expected scenario The price of the British pound is rising strongly, breaching the 1.2480 level and settling above it. Activate the bullish trend scenario and open the way to target the 1.2580 level as the first main stop. A breach of the 1.2580 level may lead the price to achieve additional gains of up to 1.2624 in the...
Hello everyone, EURUSD 4H NEW FORECAST Expected trading scenarios The price of the euro against the dollar remains near the level of 1.0715 , and has stabilized below it so far. A bearish trend scenario will continue for the coming period, targeting a test of the 1.0685 level as a first stop. Breaking the 1.0685 level may push the price towards 1.06210. On...
Hello everyone, GOLD 4H NEW FORECAST Expected trading scenarios The price of gold fluctuates within a narrow range around the level of 2325 , maintaining its stability below it. The downtrend is ongoing and effective, with negative pressure from the 50 moving average. The next target is at 2300, which is the 38.2% Fibonacci retracement level of the previous...
Index price analysis and forecasts The index price took advantage of the stability of the support centered at 37710, forming an upward corrective bounce, trying to compensate for some of the losses achieved recently, to now settle near 38150 , trying to get rid of the negativity of the 55 moving average. Future trading prospects We expect the price to currently...
Hello everyone, GOLD 4H NEW FORECAST The price of gold is trading negatively, breaking the 2365 level and heading towards achieving further expected declines for the rest of the day, targeting a test of the 2325 level during the coming sessions. Therefore, the bearish tendency will be likely in the immediate term, noting that the expected decline is...
Hello everyone, Dow Jones 4H NEW FORECAST The index price fluctuated yesterday Yesterday, the index price tried to fluctuate below the additional support centered at 38710 by touching the additional target and touching the 37295 level, but its lack of negative momentum pushed it to form a temporary positive bounce to settle again above the additional...
Hello everyone, USNAS100 4H NEW FORECAST The index price reaches the main target Yesterday, the index price succeeded in reaching the main target located at 17123 , which constituted a strong obstacle to the attempt to resume the decline, which forced it to form mixed trades by settling near 17400 . The price was affected by a state of instability as a result...
Hello everyone, GOLD 4H NEW FORECAST The price of gold is trading remarkably positively at the opening of the day to test the 2392 barrier, reinforcing expectations for the continuation of the upward trend, awaiting further rise to breach the 2403 level and confirming the extension of the upward wave towards 2431 as the next main station. Breaking 2365 will...
Hello everyone, Dow jones 4H NEW FORECAST The price of the index was affected by the stability of the 55 moving average axis near the additional barrier represented by the level of 38250, which increases the negative pressure on its current trading, and we remain in our bearish expectation until it attacks the next stable support at 37710, which by breaking it,...
Hello everyone, GOLD 4H NEW FORECAST The gold price faced temporary negative pressure yesterday to test the moving average 50, which constitutes important support at 2365 , and we notice that the price begins to rise at the beginning of the day, stimulated by the positivity of the Stochastic indicator, awaiting the resumption of the main upward trend, whose next...
Hello everyone, Dow Jones 4H NEW FORECAST Index price analysis The index price lost positive momentum as a result of the Stochastic indicator’s attempt to exit the oversold level. The price remains above 37710, which constitutes additional support. Predictions for index trading The price was affected by a state of instability, with trading restricted between...
Hello everyone, GOLD 4H NEW FORECAST The price of gold resumed its positive trading yesterday, reaching our first awaited target at 2393 , waiting for this level to be crossed to open the way for a rush towards our next main target, which reaches the 2510 areas. Moving average 50 continues to support the suggested bullish wave A break of 2325 will stop the...
Hello everyone, EURUSD 4H NEW FORECAST Expected scenario The euro price against the dollar rebounded lower after testing the 1.0860 level, which formed a strong resistance against the price, which will push the price lower during the coming sessions, on its way to testing the 1.0800level as the next main station. The bearish bias will be likely for today,...
Hello everyone, GOLD 4H NEW FORECAST The gold price succeeded in touching our first awaited target at 2300 and stabilizes there, waiting to continue the rise within the ascending channel that appears on the chart, heading towards its resistance, which is now rising to 2320, which represents our next main target. We continue to favor the upward trend in the...
Hello everyone, GOLD 4H NEW FORECAST Expected scenarios and trading ranges The first scenario: The upward trend continues towards a target of 2300 . The second scenario: breaking the support level at 2260 and declining towards 2201. Third scenario: Trading continues within the range of 2270- 2300. The price of gold is trading with additional positivity to...
Hello everyone, EURUSD 4H NEW FORECAST The 1.0765 level was broken after closing the daily candle below it, which supports the continuation of the expected downward trend in the intraday term. The price is affected by the previously completed double top pattern. Setting the next target at 1.0685. The moving average 50 continues to support the proposed bearish...
Hello everyone, GOLD 4H NEW FORECAST The gold price resumes its positive trading to begin attempts to breach the 2260 level, which supports the continuation of the expected upward trend for the coming period, whose next main target is at 2300. The moving average 50 continues to support the proposed bullish wave, taking into account that failure to cross the...
Hello everyone, SPx500 4H NEW FORECAST The gold price is facing negative pressure to approach the test of the pivotal support of 2230, affected by the negativity of the Stochastic indicator, and the price needs to consolidate above this level to ensure the continuation of the main upward trend, as breaking it may force the price to make some bearish intraday...