EUR/USD, H4 15 March 2024 The EUR/USD pair sustained bearish momentum driven by US Dollar appreciation following stronger-than-expected inflation data. Diminished expectations for Fed interest rate cuts in the short term contrasted with upcoming ECB policy maker comments on monetary policy prospects in Europe. Investors monitored monetary statements for further...
GBPUSD H4 15 March 2024 Lack of market catalysts from the UK region coupled with US Dollar appreciation prompted a bearish momentum for the GBP/USD pair. Strong US inflation data and high PPI figures dimmed expectations for Fed easing policies, contrasting with the UK's economic rebound from recession, which pushed back expectations for a Bank of England rate...
🔖XAU/USD, H4🔖 15 March 2024 Gold prices extended losses and consolidated around after reaching record highs. Investors opted for profit-taking strategies while awaiting further catalysts before re-entering the market. Improved inflation data raised expectations for the Federal Reserve to delay rate cut policies, potentiallyn impacting non-yielding commodities...
DOLLAR_INDX, H4 The Dollar Index maintains a steady position as the US Core PCE Price Index registers a decline to 2.4% on a yearly basis in January, in line with market projections. Despite the dip, the impact on the Dollar's performance against other currencies is limited, as attention turns to additional economic indicators, including disappointing Initial...
USD/JPY, H4 28 February 2024 The Japanese Yen experienced a boost from its positive CPI data released yesterday, although the initial momentum has tapered, leaving the currency pair in a consolidation phase at recent highs. The upcoming release of U.S. GDP data later today is highly anticipated, poised to be a significant economic indicator that could steer the...
in 4H Structure is Bullish . But After EX Order Block , we have a mCHOCH and mLPP in 4H in 15min , Structure is Bullish but we have LPP and 2 Order Block ( DE , EX ) that we can think about trading for then . If 4H mLPP is Running => then we have 1 minor Order Block in 4H . when refine it in 15min , we can marked 2 other Order Block . ==>> we have 4 ZONE for BUY
Price got rejected last week at the CE of Bearish OB after breaking through the Daily Recent Buyside , Price Action still have potential to continue bullish till 105.5 level but there might be some bearish retrace 103 and 102 level
Let's see if the price reaches the near support zone.
I personally use the first one. Second one is kinda meh ... using it only on LTF . Confirmations and etc. My swings are always #1 Passive. Hopefully I helped some of you. <3 Good Luck
That's How I map my structure, I don't consider SFP as a B o S , ChOcH Basically I move my High's Lows after BoS / ChOcH only! Have fun :) Hopefully I helped some of you folks!
As we are in the last day of August, mean the monthly candle is closing, there are too many possibility that might happen, with the 3 news that need to be considered; ADP Non Farm Employment Change, Chicago PMI and FOMC Mester Speaks. Put aside the news which we cant control, here i prepare a couple of key areas or zone that i think worth to be watched. These are...
cadchf has the potential to experience a downtrend with the formation of a supply area that is still fresh and quite good if selling there
gbpusd has the potential to form a fake out set up, this is still wishful thinking, I think, because I'm still learning this method, it's a good idea to re-analyze this 1.33778 is a resistance area with a support area at 1.31605 , the price is expected to move up first and fall on fake resistance at least one time and make a fake out
I see a good area but it's not fresh, but it can still be used. The area is 0.72380 - 0.72538 with a target area of around 0.47580 . I hope this trading plan goes well for tomorrow Monday I will research this technique further to get a good risk reward and those of you who read this analysis will be living witnesses of my trading technique
in the short term you can use upside opportunities to get a decent pip but you need to know that the trend that is read is a downtrend so be careful in taking long positions demand 81.88-81.743 supply, 1 83.15-83.245 supply, 2 83,702-83,894
eurusd looks convincing enough to sell at a predetermined point, don't forget to use a stop loss to make it easier to deal with market movements that don't match the analysis, PLAN YOUR TRADE, TRADE YOUR PLAN
gbpusd is still moving sideways with a price range of around 1.35 - 1.364 Just look for a trending pair, it's better than being stuck without a trend like this
As we scalp , market goes as we planned , it goes down back to its original path after few fakeout ..now it will try to goes down to respect another zone downwards Happy trade guys , Show the market who we are Till next mapping .. love u all from me GP XENIX