Walid_Aboeldahab

Walid_Aboeldahab

Pfizer stock He is about to complete the recovery journey he started from the bottom of last June 17 Its recent decline received strong support from the $50.50 barrier And it is testing a resistance between the average 100 and 51.48 by breaching it, while reaping the momentum with a higher trading volume that increases the chances of the rise

Walid_Aboeldahab

Despite the dollar's recent decline, gold did not witness the hoped-for recovery and was satisfied with the consolidation between 1700 and 1720 after it faced some kind of support at $ 1700 The decline in demand for gold coincided with the anticipation of the decisions of the European and Japanese Central tomorrow, and most likely we will not see strong movements...

Walid_Aboeldahab

Bitcoin tests pivotal resistance at $22,400 in relatively higher trading volume With positive momentum but with a weak upward pace that made the momentum indicator move almost flat Reflects the possibility of an upcoming selling pressure on the movement in the coming period The recent decline of the US dollar allowed many other assets to catch their breath It was...

Walid_Aboeldahab

As US10Y bond yields resume falling The DXY dollar index is falling relatively, trying to form a top this week The index is currently facing support at 108.50, while waiting to see today's data

Walid_Aboeldahab Updated 

Stocks slipped after US consumer confidence plummeted amid persistent inflation fears Relative recovery of oil prices above 111 dollars a barrel US10Y bond yields still maintained gains above 3%. 31.7K/32K range formed resistance The Dow fell about 3%. to watch 30800

Walid_Aboeldahab Updated 

USDCAD Important observation area Yesterday's candle - Doji - test an important price congestion axis Waiting for the candle to close today Momentum declined at a weak pace, RSI still>50 1.2917 for monitoring

Walid_Aboeldahab Updated 

Follow the expected wave scenario for GBPUSD movements 4 hours After breaking 2175 Continuation of the negative outlook after the formation of the new bottom LL and a return to test 2110 with negative momentum RSI <50 With the awaited bearish reversal, the chances of the decline increase to complete the fifth descending wave, by surpassing the bottom of 1.1933

Walid_Aboeldahab Updated 

The expected wave path for the euro sterling Short range - 1 hour interval Negative outlook, and expectations of resuming the decline Levels to monitor next period 8530 8550 8490

Walid_Aboeldahab

The outlook tends to continue negativity after surpassing the main support for the last quarter at the end of June 1.0365 Momentum is in negative territory in the medium to long term Expectations to continue the decline with the continued strength of the US dollar in the direction of 1.02 . levels

Walid_Aboeldahab

Corrective bullish formation after a triangle drop Predictions to test 6980/7000 before going down Waiting for a break below the moving average to raise the chances of a drop to watch 6980/7000 6925

Walid_Aboeldahab

Among the fears of an economic slowdown Chinese closure, and waiting for demand levels to return Oil loses about 12% from its last peak And a wave scenario is expected to test the area of 107/105 dollars a barrel in the coming period

Walid_Aboeldahab

Dow Jones at an important pivotal level Levels to watch today 31000 31200 30160

Walid_Aboeldahab

The US dollar index DXY compensates for its losses yesterday, before the bears start today's trading, and a battle with buyers is currently at the 105 mark, which is marred by anticipation before the FOMC meeting today. The outlook tends to positive, supported by the possibility of raising interest rates by 75 basis points in an attempt to curb inflation

Walid_Aboeldahab

Five-wave impulse, likely to be wave 1 current wave abc correction Level 2317 is a strong price congestion axis The price may test it or break it a little to 2300 or below to end the current correction before going back up

Walid_Aboeldahab

Expected wave path in the short to medium term (Elliott waves) Positive outlook with the completion of the five-wave Bullish reversal from 14330 range at 38.2% Fibonacci Powered by high momentum RSI>50 Increases the chances of targeting 14600 and 14800 respectively ⚠️ The ascending scenario remains active above 14283

Walid_Aboeldahab

NASDAQ 100 NAS100 CFD The seventh day in a row, and the index is trying to retest the 12660/575 area without a real breach that supports the bullish idea, despite the bullish wave arrangement for the last wave from the bottom of 11600 Below the 13K barrier and the average EMA50 day The outlook remains negative - and chances of a drop, even for a correction,...

Walid_Aboeldahab

Amid concerns about persistent inflation and worries about disruption to the global supply chain due to the Russian war with this expected to raise consumer prices, the Federal Reserve is betting on tightening its monetary policy at a faster pace. 10Y bond yields rose above 3% and pressured gold to 1840/36 before falling below it amid a fragile risk pace with...

Walid_Aboeldahab

EURNZD Assuming the end of the current correction wave Testing the price congestion axis ahead of 6600, and with exceeding it, the chances of continuing the rise to 6695 and then 6840, respectively, with the continuation of the positive momentum