The market looks bullish in daily time frame. The FOMC meeting on 19/20 Sep'23 is expected the pause the interest rate at 5.50%, which keeps the USDINR less volatile. If the interest rate is increased USDINR will be bullish. There is 3 more trading sessions to decide the direction. www.federalreserve.gov www.forexfactory.com www.nseindia.com
Daily is in Bull trend, but at 4H time frame the market is in range bound. If a 4H candle closes above 83.1575, then bull will be in control. The risk : reward ratio is 1:2.68 to 1:3.58.
2023.7.10 USD Index returned to its weakest range!US crude oil surged! Hello, I'm Older Duan. Today is Monday, July 10th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the U.S. Dollar...
2023.7.7 USD is falling, gold is bearish and weak, and US crude oil is in a deep V shape! Hello, I'm Older Duan. Today is Friday, July 7th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure,...
A quick video on how the GBP may strengthen against the JPY. Looking bullish and may breakout from 172. Trade your own plan, do your own research and good luck!
An Anticipatory Analysis of Price Action (5) TP3 @ 0.7100 (close trade) (4) TP2 @ 0.6700 (shave 25%) (3) TP1 @ 0.6450 (shave 25%) (2) BSO @ 0.6225 📈⏳ (1) BLO @ 0.6105 📈⏳ ADDITIONAL INFO: 1️⃣ If the PA (Price Action) PB (pulls back) during the NZD News on Wednesday evening, we should be able to capture the UT (uptrend) with this Buy Limit Order 2️⃣However, if PA...
Check the video to get understanding on my view on us30 this week Follow and comment below for other breakdowns
Good morning fellow Traders! I have been tracking the YENUSD pair with great interest in recent weeks as we have been rebounding from its local low. The pair has a beautiful long-term trend on the higher timeframes, setting the direction I have been looking to trade. We are currently sitting in a sweet spot, the price has been consolidating around 130-137,...
• Descending bearish channel in play • Sellers got the upper hand • First bearish sign is the breakout below the ascending channel which was there since March 22 • Second bearish signal is the death cross of the 200 Day MA above the 50 Day MA • Next bearish target is 126.40 followed by 125.10 • Resistance at 135.10
some interesting information to be absorbed with CHF, every day we do these reviews I feel like I am gaining more ground to achieve my ultimate goal. Trading professionally. Still lots of work to be done but we are getting there. Risk Disclaimer. Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past...
Even if you never bought an ounce of the shiny yellow rock, Gold can gives us valuable information over time. The fact that gold was literally money for much of the worlds history and that banks still hold should tell you it still matters. Lets discuss gold concepts and make sure we stay aware of how gold has behaved in the past. hope you enjoy the video!
US30 & Dollar Index prediction in real time. Watch this video to find out my prediction! US30 & Dollar Index analysis.
In this Video we will look at how the market sentiment is confused. READ the news. It will affect your trading decisions... And this in a GREAT way.
Looking for this pair to hit a couple of key areas. Firstly we are bounded by two prices in this charts movement with 1.775 top and 1.7325 bottom, we have been ranging from these two areas for a while and will look for that to continue. If not and we break below the bottom we are looking at 1.70 as a point of interest to take profits on shorts and to wait to see...
Hi guys John the forex guy here alias name of course. Today's Lesson is a bit broad if you watch the video one of the key things you'll learn is that stacking the odds in your favour will save you from going broke. In this case we're testing out trading for 1 year with a minimum of $666 and only risking $20 on each trade, minimum target should be /is $30. This...
Hello Dear, I hope you are well. This is my Analysis for EURCAD on a daily Timeframe! From my analysis I Can See that EURCAD are going to hit its latest HH and going to create a new higher high! By Taking Proper Risk Management you can take this and hold! Nice profit may come. Have a nice time traders! Let me know your thoughts! Trade Safe!
US 2Y bond yields melt up are the Central Banks losing control of the narrative and inflation continues to skyrocket causing pain around the world. AU2Y yield faced the same fate not to long ago. Yields have an inverse relationship to bonds as investors no longer interested in holding government bonds the sell and this selling causes higher yields. Follow me at...
Hey Traders just wanted to give a weekly update on what I see happening in the markets this week. Not alot of economic reports this week but the markets have been moving higher for the most part especially oil which in my opinion are now in a strong uptrend. The S&P 500 is rising as earnings season has influenced the Stock Market but the top is still showing on...