GBP/AUD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
Possible AUDCHF trade scenarios Enter with Ltf confirmation. For Direct 4hr zone entry manage risk. Manage risk 1:2-3 RR . Indicator based SMC approach. Follow and like for more setups .
Hello everyone! Overall, gold has struggled to find a recovery, Gold prices finally surpassed $2,050 after the US core PCE index failed to meet expectations The US raises expectations that the Fed will cut interest rates in March 2024. In addition, gold prices also increased due to continued political instability. While tensions in Ukraine may linger, the...
Yesterday, gold prices' big movements were mainly seen in the first 30 minutes of the Asian session. The price climbed $10. And in the U.S. session, due to risk aversion, XAUUSD also rose $10. Bulls were relatively strong. However, the optimistic expectations for rate cuts still need to be verified or falsified by the December key data. Currently, the risk...
On the hourly chart of USD/JPY, the pair started a strong decline well above the 143.50 zone. The US Dollar gained bearish momentum below the 142.85 support against the Japanese Yen. The pair even settled below the 142.85 level and the 50-hour simple moving average. Finally, it broke the 142.20 pivot level. A low was formed near 141.88 and the pair is now...
On the hourly chart of EUR/USD, the pair started a fresh increase above the 1.0930 zone. The Euro climbed above the 1.0985 resistance zone against the US Dollar. The pair even settled above the 1.1020 resistance and the 50-hour simple moving average. Finally, it tested the 1.1040 resistance. A high is formed near 1.1044 and the pair is now consolidating gains. If...
It can be seen that the gold price in this year 2023 has set a new high at 2144. The gold trend is still up. But at the price level of 2144, if the price cannot break through It is expected that in the short term there may be a correction. Consider selling from a correction below the 2144 level, targets 2063 and 2021. >>GooD Luck 😊 ❤️ Like and subscribe to never...
Yesterday, gold prices' big movements were mainly seen in the first 30 minutes of the Asian session. The price climbed $10. And in the U.S. session, due to risk aversion, XAUUSD also rose $10. Bulls were relatively strong. However, the optimistic expectations for rate cuts still need to be verified or falsified by the December key data. Currently, the risk...
Gold prices (XAU/USD) are on a steady trend, positioned for their best year in the past three years, driven by various global economic factors and geopolitical tensions. Although spot gold fell slightly early Wednesday, it remained near a two-week high. Gold futures prices, in turn, are rising, making them likely to post strong annual gains. This performance...
The EUR is benefiting from the weakness of the US Dollar and has turned around, recovering at 1.1028
USDCAD trend is still in a downtrend. The price has an opportunity to test the 1.31142 support level if it does not break through. The technical structure is subject to pullback. Consider buying a red zone. >>Thank you and GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Global gold prices rose slightly on the day trading resumed after the Christmas holiday, due to a weaker US dollar and lower government bond yields. The dollar index hovered near a five-month low, while the yield on the 10-year U.S. Treasury note fell slightly, making gold more attractive. Gold prices are still on an upward trend and are expected to reach new...
There was no trading yesterday for Christmas. Last Friday, gold ascended slightly in the Asian session. With the support from data, gold once reached $2070 during the European session. Then, it declined in the U.S. session to $2050, showing an inverted 'V' shape movement, closing the daily chart with a long bearish inverted hammer candlestick. Without considering...
There was no trading yesterday for Christmas. Last Friday, gold ascended slightly in the Asian session. With the support from data, gold once reached $2070 during the European session. Then, it declined in the U.S. session to $2050, showing an inverted 'V' shape movement, closing the daily chart with a long bearish inverted hammer candlestick. Without considering...
DXY trend is still down. The price has an opportunity to test the important support levels 100.77 and 99.80. If the price cannot break through the 99.80 level, it is expected that there is a chance that the price will rebound. Consider buying the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
On Friday, the British Pound (GBP) continues its rebound, driven by encouraging UK Retail Sales figures for November. The Office for National Statistics (ONS) revealed that retail spending by households defied expectations by staying positive compared to the previous year, contrary to market predictions of a significant decrease. The robust performance in Retail...
As of the most recent data, the EUR/USD currency pair is currently trading at approximately 1.1000. The pair has experienced some volatility in recent sessions due to a combination of factors including economic data releases, central bank announcements, and global geopolitical events. The euro has faced pressure from concerns about the economic impact of the...
Hi viewers, EURUSD in last periods strong bullish, still technically looks like have power for one more push. TP1: 1.11300 (90)