Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about LUNC LUNC THE Falling wedge Breakout has already Confirmed in 1D Timeframe ✅ Expecting 70%Bullish wave in Coming day's 🚀
if news on gdp is bad and unemployment claims is high. price shoots down, i'll look to take this long here. not exactly right tp, but will long
Amidst the uncertainty characterized by global events, last week witnessed the GBP/USD pair caught in the crosscurrents of rising geopolitical tensions and pivotal central bank pronouncements. Bank of England's Deputy Governor, Dave Ramsden, took centre stage with remarks on inflation risks, yet failed to provide the anticipated support for Sterling as it plunged...
US GDP data for the first quarter of 2024 was lower than expected, increasing speculation that the Federal Reserve may reduce borrowing costs. However, inflation has risen sharply over the same period, which will delay the Fed's interest rate cuts. The U.S. Bureau of Economic Analysis reported on Thursday that U.S. gross domestic product (GDP) grew 1.6%...
📌 GBP/USD has bounced back and is trading around 1.2470 after UK CPI data beat market expectations. 📌 Inflation in the UK has now fallen to 3.2% in March, lower than the previous month's 3.4% but higher than market expectations of 3.1%. After the CPI data was released, the British Pound regained its upward momentum as rising inflation may affect the BoE's plan to...
OANDA:XAUUSD ANALYSIS - Now that the risk of a broader conflict in the Middle East has subsided, gold attempts bulls look to a softer dollar to prop up prices - Gold (XAU/USD) attempts to lift off of support at $2320 OANDA:XAUUSD BULLS LOOKS FOR INSPIRATION IN THE DOLLAR AFTER TENSIONS SUBSIDE Implied gold volatility (GVZ) has experienced a notable drop...
DXY $ maybe one to watch over the next couple of Weeks as it seems to be approching Strong support. Fundimentals, as ever, Will pay a huge part in this and so we wait. Today we have personnale spending and income Data BUT the real Biggie is on 1st May next week when we have the FED Interest rate decision made public. If that remains the same ....or...
Long here on BTC for the following reasons: * 4H pin bar bounce of bottom of channel * Diverging all exchange volume * Diverging RSI * Pulled back overnight to the FIB pocket with some leggy candles, giving another chance to enter or add to position here SL 62578 TP1 67000 TP 68000
➡️GBP/USD is holding a range at around 1.24300 during the European session on Wednesday. A broadly bearish US dollar combined with risk-off sentiment in the market supported the pair, as traders awaited US Midsize Durable Goods data for further trading guidance. . ➡️The main trend of the GBPUSD market is still in the falling price range. The pair's resistance...
The fast short on BTCUSD on the few days. The idea that we are moved in the local downside channel and now we are on the up side of this channel. The target is 60k level.
The US Dollar Index is entering accumulation and recovering after 2 days of decline, making gold priced in US Dollars less attractive thanks to direct correlation. The short-term appeal of precious metals still remains. weak as tensions in the Middle East ease and safe-haven demand weakens. The gold market has been less affected by the escalating conflict in the...
Looking at how the markets made its first movement lower I will be looking at trading the market like the following. Il be watching for lower time frame CHOCH so I can enter to ride the retracement back to the POI if all looks well il take the sell from the poi down to the lows
This scenario assumes that wave C primary degree not yet finished and we're just starting wave 5 of C. This is my main scenario and I'm holding shorts with SL: 2348 and TP: 2280.
NASDAQ:OM , not even started. $1.5 is programmed. Whales never give easy money they make boring and fear in your trade 99% will sell and 1% will make. #MANTRA is giving another opportunity to print more.
Gold has broken through the shock zone, and it is also in the form of a triple top. It is currently rising strongly, the bottom is more obvious, the moving average is obviously upward, and the steepness is also intensified. The macd energy column is obviously located above the zero axis, and it is also a sign of gradually moving away from the zero axis. Continue...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about HIGH HIGH Moving As Expected & Running In +90%Profit So Far✍️ Expecting 150% bullish wave in coming Day's 🚀
1 minute ago Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional"...
The market is clearly in a bearish trend. FX:EURAUD fell from the resistance zone and broke through the range zone as well. The price has been updating lower lows. Note that it broke the key level at 1.64000. And I think the market might form a small pullback and continue moving downward. As I always say, the consolidation/range zones act as support and...