Both ISM Manufacturing Index and Non-Manufacturing Index vs. GDP YoY% for the US economy. ISM Manufacturing: Yellow ISM Non-Manufacturing: Blue GDP YoY%: Green/Red ISM Manufacturing currently signaling contraction with a level below 50 and the momentum seems lower. Non-Manufacturing Index is likely to follow the same path although currently signaling growth,...
We posted a few hours ago a chart to show why we think the dxy will be bullish over the next few weeks. This can be a great opportunity to short an asset showing weakness against the dollar, such as the pound. GDP/USD in a perfect rising wedge where each higher high is increasingly marginal. The rounded top suggests lack of demand and when you couple this with...
Hello traders, UK GDP and BOE decision making meeting could change the market direction. Daily view 4H view There are 3! entries and 1 TP for this pair. Levels calculated order_block, regarding support and resistances, channel and pivot points.
EUR euro dollar The stock rose 0.13% to $1.0714 after ending an eight-week losing streak on Friday. sterling pound dollar It rose 0.16% to $1.2486. GBPUSD SELL 1.2490 - 1.2510 🔼🔼 ✅TP1: 1.2460 🚫SL 1.2550
I've set a sell limit on gdp usd. I forgot to post my last one. I waited for the pull bk then let it ride down. I'm going to put my sl in profit when it reaches my alert
Hi Traders! Technical Analysis: 3 RSIs & 2 Stochastics indicate a strong uptrend | Stop-Loss: Place “just below” candle that just “closed” with no tail | Trailing Stop: Move stop-loss to “just below” each new Heiken Ashi candle that “closes” with no tail | Do not move stop-loss if Heiken Ashi candle(s) “closes” with a tail (of any size) | Close trade before 4:45...
Sell opportunity | Heiken Ashi candle "closed" with no wick | Move stop-loss to "just above" each new Heiken Ashi candle that "closes" with no wick. Do not move stop-loss if Heiken Ashi candle(s) "closes" with any size wick | Close trade before market close Friday.
GDPUSD - forming a trendline downward with a triple bottoms model (not break out) in 1M and triangle in short term. It is expected for GDPUSD to break the Support @ 1.376xx to go even lower at 1.37000 (Sell Zone). Then, GDP USD is expected to reach the next bottom of the triple bottoms modela dn go back. I am not sure what indicator I put next to decide this is...
XAUUSD Gold Spot / U.S. Dollar OANDA continuation of choppy downtrend channel...
Analyse du marché avant la décision concernant le taux d'intérêt du BoE (interest rate décision) Une forte volatilité imminente. La tendance baissière avant la nouvelle peut s’expliquer par une opération de vidage du carnet d’ordre. Après que le prix aura atteint cette zone de demande, l’explosion à la hausse est très probable avec volatilité importante. Le...
Fundamental: Negotiations between Britain and Europe are expected to yield good results in the near future. In this case, the last line of resistance (target) will be broken. Elyar Qaffari
Corona is coming back for round 2 with the uk.
This is my first publish. Hope this helps you all. Please leave any feedback below. 👍🏼
If we completely ignore the news, the graph of QQQ seems to be recovering quite nicely. For a technical trader it's extremely optimistic. Then, if you look at any sort of news, this trading at Jan 2020 levels seems absolutely insane. Both sides have good cases, but I am going to choose to ignore each of them. The indexes are beyond unpredictable right now (see GDP...
Zones I will be watching on GBP/USD to start the week.
I will open a short position, because-there were two reversals to the correction in the early trading sessions; in the preliminary trading session, I see a large number of sales; I see a downward movement from the local trend level. Profit\ loss ratio-5\1 ...
Be concern working with the pound. Boris Johnson's decision to shut down parliament for five weeks in order ... controversial plan to suspend the UK's parliament for five weeks. The Queen has approved an order to prorogue the UK Parliament. Boris Johnson seriously set his sights on leaving without a deal. Of course, there is a chance that this is just his attempt...
GBP is currently a hot topic, with Boris Johnson just in and the uncertainty of Brexit fear is running high. Are there parallels to Trump? The general narrative then (beware the seduction of narratives), was that if he got in the USD would tank, but it did the opposite. Will we see the same here? Let's have a look at the charts. Timeframes Monthly Weekly...