Tell the strategy directly Today's callback continues to be dominated by lows and longs. as the picture shows; In the short term, let’s look at the adjustment first. The support level below is near 83. You can buy long at this position, and the upper target is around 85-85.6. In trading, you can go short first and then go long, and the long position is the...
Plan your trades and trade your plan. The weekly planning session is one of the most important things you can do as a trader. In this session, I analysed the Currency Index basket of the USD, EUR, GBP, CAD, CHF, AUD, NZD, and JPY. The strength lies with the USD, the rest are still in a confirmed downtrend.
Talk directly about strategy as the picture shows: The short-term support level below is 81-80.8, where you can buy long positions, and the pressure target level above is around 83-84. Follow me, trading is that easy! Stay rational, follow the trading plan, and avoid blindly following the trend or trading emotionally!
Japan FinMin Suzuki: Will Deal With Forex Appropriately But Declines To Say Whether Forex Moves Are Excessive USDJPY breaks higher as inflation came at 1.7% down from 2.5% expectations, and 2.6% prev reading. Thats very interesting reading. Who would think of this data considering how expensive
The market refreshes your understanding again, and the high point breaks through again. We are still on the bull market train and will get further and further. The highest gold price on Thursday was close to 2,400 points, because after the excessive adjustment from Wednesday to Thursday, the market has recovered some indicators, and now the market has entered a...
The Loonie asset would observe a fresh upside if it breaks above April 12 high at 1.3786. This will drive the asset towards November 4 high at 1.3843 followed by November high at 1.3901 On the contrary, a downside move below April 9 low at 1.3546 would expose the asset to the psychological support of 1.3500. A breakdown below the latter would extend downside...
The market's initial reaction to Iran's attack on Israel was fairly muted, with major contracts seeing little price movement. There had been concerns that Iran's attack on Israel heralded a significant escalation of the conflict in the Middle East, and that oil prices would rise as concerns about possible supply disruptions intensified. But oil prices are...
After completing the 2355 target, the gold price hit a maximum of around 2365 and began to fall. The overall trend is in line with expectations, with high fluctuations and new highs. We still need to continue to be optimistic about recurring market conditions. as the picture shows; The lower support is 2330-2338, and the upper target is 2365-2370. Buy low in...
Japanese Yen sticks to modest gains against USD, not out of the woods yet The Japanese Yen attracts some buyers and recovers a part of the post-US CPI slump on Wednesday. Intervention fears, along with a weaker risk tone, underpin the JPY and exert pressure on USD/JPY. The divergent Fed-BoJ policy expectations should limit any meaningful corrective slide for the...
With the help of yesterday's data, the price of gold once plummeted by more than 20 US dollars, hitting a low of around 2320 points. With the current trend, more people must be concerned about whether gold can still rise? Will it still rise? At least for now, gold still maintains a bullish trend, and the market is about to enter a wide range of fluctuations....
If you followed my strategy, you would have taken profits twice near 2355. The prediction targets of 2306-2354 and 2330-2355 last weekend have been completed, and the friends who followed have made profits for two weeks. At present, gold has fallen rapidly after hitting a new high near 2356, and the bullish pattern of the market has not changed. The current...
Good morning dear friends, our weekend buy long signal is working as expected. The highest price of gold has reached around 2354.3, which is close to the target of 2355, and the buying point has also been reached. Friends who trade according to the strategy have already made profits. There is currently a temporary pullback, and the market is expected to repeat...
At present, gold has been hovering near 2330. It is too early to directly break through 2355 without forming support. However, the bulls have actually persisted. It fell weakly after opening today, then rose rapidly after testing 2305, rising all the way to the 2354 line. We really hit our target in one fell swoop. Our weekend layout idea is to use...
The market is exactly in line with our expectations. After retracing to around 2265 during the day, it began to rebound and rise. Currently, it is only about 5 US dollars away from 2300 points. At this position, what I want to say is, do not go short or chase short easily, because You don't know where the top is, and I have no way to determine it now. In this...
usd jpy got break out make a long trade as shown in the picture, follow for more live updates @FOREX_TRADER_007
“The next move probably hinges on this week’s PCE Index release. Evidence of further disinflation in the U.S., which would ease fears of prices accelerating or at least re-anchoring at a higher level, would be very bullish for gold.” Gold prices hit a record high last week after Fed policymakers indicated they still expected to reduce interest by three-quarters of...
“The next move probably hinges on this week’s PCE Index release. Evidence of further disinflation in the U.S., which would ease fears of prices accelerating or at least re-anchoring at a higher level, would be very bullish for gold.” Gold prices hit a record high last week after Fed policymakers indicated they still expected to reduce interest by three-quarters of...
After analyzing options trades on CME, we found a promising opportunity to short Canadian Dollar. The option contract is for April with an expiration date of April 5, 2024. We noticed an interesting option portfolio on March 22 that aligns with the trigger level on the futures chart (refer to chart). A trigger level is a graphical pattern on the underlying asset...