Looking at this analysis, just like with the rest of my post. We trade using Technical Tools. Using and measuring Price action with influences from news. In this Analysis... I was very reserved sending this one out like a long time ago because price was way off chart for me but, in news. I looked back at this markup to find to my surprise the prediction coming...
EURAUD has reached significant support, which is the same as Fibonacci level 50-60, so I expect a bounce up to the descending trendline and if it breaks it could target higher resistance levels. If the support breaks, the nearest support level may be the target. Daily chart: Good trading! If you find it useful, like, follow, share!
Trading Setup: A Trading Signal is seen in the EURUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.0963 ⭕️SL@ 1.1001 🔵TP1@ 1.0841 🔵TP2@ 1.0781 🔵TP3@ 1.0671 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading...
Shorting GBPJPY as seen a main resistance has been hit and bounced off from on the Fibonacci retrace. First TP shall be placed at 175.980 second TP target is 170.979 SL shall be placed 25 pips as always from entry.
Based on technical factors there is a Sell position in : 📊 CHFJPY 🔴 Sell Now 163.11 🧯 Stop loss 164.15 🏹 Target 1 162.00 🏹 Target 2 160.68 🏹 Target 3 158.73 💸RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
On the weekly timeframe, OANDA:GBPUSD has come back down to previous resistance turned support AND the line of an uptrend. What do we think? Personally, I am short. Last week's indecision candle was met with higher than normal volume followed by a continued selloff. A break below could mean big red soon.
On Thursday, gold prices remained close to the lowest point in three weeks. This was influenced by a higher-than-anticipated rise in U.S. private payrolls during July, which led to increased speculation about further monetary policy tightening. This, in turn, strengthened the dollar and caused bond yields to rise. OANDA:XAUUSD BUY LIMIT 1930- 1933🕯 ✅ TP1:...
Fundamental Overview Gold price is licking it wounds following a two-day downtrend, as the US Dollar has paused its recent upbeat momentum, despite a cautious market mood. Investors turn cautious amidst the revival of the hawkish Federal Reserve (Fed) expectations and fiscal worries in the United States, as they brace for the BoE interest rate decision and key US...
- At 0356 GMT, IG Research highlights the Bank of England's upcoming decision as a pivotal factor affecting the GBP/USD pair. Any indication of a pause or conclusion to the BOE's rate hike cycle could introduce downside risks for the pair. A breach of the 1.264 level might lead to a target of 1.239. The current pair value is up by 0.06% at 1.2718....
In the last 48 hours, gold prices have experienced a decline of nearly -1.7 percent. This downward movement coincides with a surge in longer-term US Treasury yields, particularly noticeable in the 10- and 30-year bonds. XAU/USD, often functioning as an anti-fiat instrument, has exhibited an inverse correlation to a blend of the US Dollar and Treasury...
Gold has risen during the morning trading session in Asia, reversing the decline seen overnight in what appears to be a potential technical rebound. The focal point of attention is the increase in Treasury yields and the strengthening of the dollar. These shifts follow a credit downgrade of the U.S. by Fitch and the release of jobs data that exceeded expectations....
On Wednesday, gold prices experienced a slight increase due to the weakening of the U.S. dollar and Treasury yields following Fitch's downgrade of the country's credit rating. This move dampened confidence in the economy, especially in anticipation of crucial data to be released later in the week. OANDA:XAUUSD BUY LIMIT 1945 - 1943 🕯 ✔️ TP1: 1950 ✔️ ...
EUR/USD rose slowly this year with the early July rush to 1.1276, an anomaly quickly followed by a big correction that will likely see the pair move into a higher range from the 1.05-1.10 that held until June. Option vols are suppressed and those hedging EUR/USD might focus on shift toward a range developing around 1.08-1.13. Any drop below the 200-DMA at 1.0735...
Amidst mixed global economic data, base metals are experiencing a decline, while gold prices are on the rise. Over the span of three months, copper has fallen by 0.4% to $8,601 per metric ton, and aluminum has seen an 0.8% decrease, reaching $2,234 per ton. On the other hand, gold has shown a 0.3% increase, reaching $1,985.50 per troy ounce. The decrease in copper...
USDCAD is in a correction phase. If the price can hold above support 1.31533, consider buying, targets 1.32008, 1.32303 and 1.32771. >> GooD Luck 😊
Dear colleagues, I assume that the deep correction is over and the price is starting its upward movement. The first target is the resistance area of 0.86121. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hello and good time, In the 1-hour and 15-minute timeframe, the price of gold for ounce has been identified on a red base, which can provide the necessary conditions for a short trade. However, please note that in the 4-hour timeframe, the price is in an upward channel, which can increase the trading risk. Entry point: 1974 Stop loss: 1987.5 First target:...
After the EURUSD failed to break the 🔴heavy resistance zone($1.1185-1.110)🔴 and created a bull trap , it started to fall and started corrective waves . 🔔Currently, EURUSD is breaking the uptrend line, and I expect EURUSD to fall at least to the 🟡 Price Reversal Zone(PRZ) 🟡 and support line. Euro/U.S.Dollar Analyze ( EURUSD), 4-hour time frame ⏰. Do not...