USNAS100 4H : Sensitive due NFP and Unemployment's rate
USNAS100
New Forecast
US stock index futures witnessed positive performance in trading before the opening of the last sessions of the week, today, Friday. This applies to all major US stock indices, awaiting the release of US data and it will decide where the direction will be goes.
Technical abstradct :
The price perfectly fulfills my last idea and price reached to our target +190 pip .
Its clear price ended its clear bearish correction to offer a close below the support 14910, completing its formation for some time for a specific reason for its stability near 14822, declaring that we will stick to it with a simple bearish bias until this moment.
Therefore the downward trend scenario will be remain valid and effective as long as price trade below the resistance zone and will help the price to reach 14663 and 14582 again ,Taking into account that breaching and stabilized above 14910 will postponed the decline .
The expect range trading for today it will be between the resistance line 14910 and support line 14663 until stabilized .
The market is expected to witness significant price fluctuations, so traders must manage risks carefully today and focus on the three reports (jobs, unemployment and wages).
Additionally ,Today New York sessions will affect on the Indices .
support line : 14663 , 14582
resistance line : 14822, 14910
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New Forecast
US stock index futures witnessed positive performance in trading before the opening of the last sessions of the week, today, Friday. This applies to all major US stock indices, awaiting the release of US data and it will decide where the direction will be goes.
Technical abstradct :
The price perfectly fulfills my last idea and price reached to our target +190 pip .
Its clear price ended its clear bearish correction to offer a close below the support 14910, completing its formation for some time for a specific reason for its stability near 14822, declaring that we will stick to it with a simple bearish bias until this moment.
Therefore the downward trend scenario will be remain valid and effective as long as price trade below the resistance zone and will help the price to reach 14663 and 14582 again ,Taking into account that breaching and stabilized above 14910 will postponed the decline .
The expect range trading for today it will be between the resistance line 14910 and support line 14663 until stabilized .
The market is expected to witness significant price fluctuations, so traders must manage risks carefully today and focus on the three reports (jobs, unemployment and wages).
Additionally ,Today New York sessions will affect on the Indices .
support line : 14663 , 14582
resistance line : 14822, 14910
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
The price perfectly fulfills my last idea and price reached to our second target +230 pip .
now , if can stable under 14520 it will be continue at the bearish trend but if failed to stable under it then the price will reverse and visit the broken previous area .