Hello everyone, this is my overall analysis of USDOLLAR. I believe we will have a high in order to take the inducement, and then we will see a long term drop up to the extreme order block. This view is my base idea for the lower timeframes and other major pairs. I will publish W, D, 4H, 1H and 15min as well as major and important pairs. This is my first main...
Gold price pulls back from multi-month peak, downside potential seems limited Gold price rallied to a three-month peak on Monday and settled at an all-time high, above the $2,100 mark amid bets that the Fed will start cutting interest rates in June. Apart from this, a further escalation of geopolitical tensions in the Middle East turns out to be another factor...
World gold prices increased sharply with spot gold increasing by 34.9 USD to 2,115.1 USD/ounce. Gold futures last traded at 2,124.4 USD/ounce, up 28.7 USD compared to yesterday morning. World yellow metal prices reached a 3-month high at the beginning of the week, boosted by increased expectations that the US Federal Reserve (Fed) will loosen monetary...
Hello Traders; I am selling GBP/USD right now. Entry Strategy : SMC *For those who want to follow, remember risking 1% only. Trade With Care, WAVE HUB FX ---------- Please follow me and like if you agree or this idea helps you out in your trading plan Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use...
World gold prices tend to decrease with spot gold down 2.1 USD compared to last week's closing level to 2,080.2 USD/ounce. Last week, the gold market entered a new trading week relatively quiet without catalysts. Prices were nearly flat until Thursday when a report showed consumer prices were lower than forecast. After a slow start Friday morning, the precious...
The key events for the week are concentrated mainly between Wednesday and Friday. In the United States, the focus will be on January jobs data and speeches by Federal Reserve officials. The most important of the bunch is of course Federal Reserve Chair Powell two-day testimony in Congress on monetary policy starting Wednesday. Traders will look for cues...
The Fed must be holding back the temptation to say, ‘we told you so’ now that market expectations match those released in the Fed’s December summary of economic projections. Three rate cuts in 2024 is the new expectation, down from six and potentially seven at one stage. As such, the dollar has found its footing in the early weeks
In the EURAUD 4-hour chart, prices made a retest, also known as pullback, to the broken resistance zone. This zone also corresponds to the Fibonacci 0.382 level. The uptrend may continue from where it left off. This is not an investment advice!
Gold climbs to multi-week high near $2,050 as US yields edge lower Gold gained traction and advanced to its highest level since early February above $2,040 on Thursday. The benchmark 10-year US Treasury bond yield drops toward 4.2% after US PCE inflation data, providing a boost to XAU/USD. Gold has been considered a highly valuable commodity for millennia and...
Gold according to the 1-hour chart, XAU/USD lost momentum but holds on to gains, limiting the risk of a steeper slide. The 20 SMA heads firmly north, far below the current level, momentum, while the longer moving averages remain directionless. XAU/USD hovers around a flat 100 SMA Technical indicators, in the meantime, eased from near overbought readings,...
As you can see, the price took the sell-side liquidity and had a bearish reaction, in addition, we can see the price created the bullish breaker block and FVG. Now, we can expect the price to move higher to collect the buy-side liquidity, for that, it may happen from here or retrace more to a bullish order block which formed on the 50% level Fibonacci. 💡Wait...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity AUDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
The EUR/USD daily chart sees the pair remaining confined to the 1.0801 -1.0862 area during the last three days, bracing around the 200-day moving average (DMA) at 1.0821 Relative Strength Index (RSI) studies turned bullish, but buyers need to achieve a daily close above last Friday’s high, to remain hopeful of testing the 50-DMA at 1.0882 ahead of the 1.0901...
Hello traders ,what do you think about EURUSD ? This currency pair has broken its trend line and is pulling back to the broken zone. It is expected to fall at least yo the specified level after the completion the pullback If this post was useful to you, do not forget to like and comment.❤️
The world gold market is quiet as investors are waiting for important reports this week. It is expected that the personal consumption expenditure index (PCE) report, which is expected to influence the interest rate direction of the US Federal Reserve (Fed), will be published today. In recent statements, Fed officials left open the possibility that the US Central...
this is an update from yesterdays USDJPY analysis, as yall can see price went in the predicted direction. Now I'm expecting sell entries soon but lets not get our hopes up anything can happen. Ill keep yall updated. please keep in mind these are not signals and I don't provide financial advice or sell anything, I just enjoy analysing my charts and being active in...
Well, as you can see the price grabbed the liquidity above the previous day's high and shifted the market structure. We can enter the sell position only with the LTF confirmation in the supply zone. If you have questions, feel free to ask. 💡Wait for the update! 🗓️28/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
demand zone for long 0.8240-20, stop loss: 0.8200, target: 0.8370.