GBPUSD hit resistance around 1.2780 but there is no sell signal yet. If so, everyone can consider trading. The upward momentum weakens when approaching this resistance area, so you can sell it. But if in case the price increases strongly and breaks the resistance, it is possible that the peak area will also be broken, then the trend will return to an uptrend, our...
Although down, last Friday's D1 GBPUSD bar has the form of a bullish pinbar pattern, showing buying pressure from below. Right in front is also a bullish pinbar. Although it is moving sideways and accumulating in the inside bar model, GBPUSD D1 is putting pressure on the upper border, easily leading to a break to the upside. The accumulation structure with upward...
The bearish move that we see in this chart, which started on September 28th, has formed two bearish channels, preventing the price from going higher seven times so far. As you can see on Friday, January 12th, with the geopolitical news from the Red Sea conflict, the price attempted to form a bullish breakout of the smaller channel but got rejected from the larger...
EURUSD's price action did not change much, yesterday's price dropped sharply in the European session and turned up in the US session. Basically, the price action of the H4 frame does not have much impact, so our trading strategy remains unchanged. Continue to observe the resistance area around 1.1020. If the price approaches this area and forms a sell signal, you...
International gold prices remained stable, hovering above $2,000 per ounce, as they did not experience an increase. This stability is attributed to the impact of a report revealing that the number of US workers applying for unemployment benefits last week was lower than anticipated. This development serves as evidence that the US economy is in a recovery phase,...
UMVD picked up Green/ Buyers in GOLD futures around the 29th. Prices have stopped falling and got support here. Lets see when the prices hit the resistance level marked. Watch for Red UMVD at that time
Gold, or XAUUSD depending on which ticker you go by is playing around an interesting weekly level. The 2,035 level has been touched four times since 2020. August 2020: first touch and then sold off July 2022: second touch and then had a stronger selloff January 2023: third touch and then followed by a weaker selloff November 2023: fourth touch and no...
CADJPY is one of three Japanese yen pairs that I held through the weekend. the other two pairs are EURJPY and SGDJPY as they share very similar price action patterns. The selloff in December 2023 seemed short-lived to me so I found an opportunity to enter long earlier this month. My best guess for the selloff is the collective premature anticipation of interest...
GBPUSD increased slightly in the previous session and is cautiously heading towards the peak of 1.28. Although the buyers have not yet shown dominance again, the prolonged accumulation price range in a main uptrend is a good sign for bullish bets. Brothers continue to hold existing long positions, targeting around 1.30 and SL below 1.26.
The market recently received information that the World Bank (WB) has forecast that the global economic outlook may still be weak, but with Latin America increasing compared to 2023. Specifically, the World Bank has forecast that Latin America's gross domestic product (GDP) in 2024 will increase slightly compared to the 2.2% recorded last year, and is expected to...
EURUSD continues to fluctuate in a narrow range, there have been no significant new moves, you continue to observe the two edges of the range, the direction of the breakout can determine the next direction of the price. Currently, we still have long positions following the uptrend. You can continue to hold the order, the SL is placed below the channel line and the...
So, we did hit that 4750 range, and ended up hitting it within just a few hours of my assessment that was the next area for us to head. That opens up a few trends to take us lower, specifically the 1hr and 2hr, as seen below in the trends; Last Macro Trend Signal Spots (ES Contract) 30m - 4722 Downtrend (1/8/2024) Lower Low 1Hr - 4757 Uptrend (1/5/2024) Lower...
Hello guys , On Gold today we have a strong bearish market which I am expecting a continuous downtrend for the market to keep moving to the downside and am expecting a pullback to level 2029.72 and continue to the downside..
I'm looking short on GBPAUD. After good structure on M15 or H1 I will enter. Maybe today maybe tomorrow. Market tell me. Let's be in touch.
The fluctuating range of gold prices has narrowed in the past session, no new notable signals have been created, so we still keep the old assessment, expecting the price to continue to go down, you can continue. Continue to hold short positions if any, the target is still around the psychological threshold of 2000.
GBPUSD also continues to accumulate in the range area, unable to establish a new high and confirm the continuation of the uptrend, however, the bullish structure is still guaranteed so the overall outlook is still bullish, You can continue to hold your existing long positions and place your stop loss below 1.26, we will only abandon this strategy when this...
COINBASE:ETHUSD Ethereum stands tall as a beacon of innovation, and its future in 2024 looks brighter than ever! With a strong foundation built on the groundbreaking achievements of 2022 and the ever-growing support of the crypto community, Ethereum is poised to make a remarkable comeback in the coming year. One of the key drivers of Ethereum's bullish thesis...
OANDA:XAUUSD XAUUSD (H4) Downtrend continues Sold at: 2034.039 Stop loss at: 2039.284 Take profit 1 at: 2024.947 Take profit 2 at: 2017.954