FaisalFX51214

FaisalFX51214

The 10-year Treasury bond yield is a critical indicator for the gold market. It is because this yield reflects the expected future interest rates and inflation rates in the economy. As a result, investors look to the 10-year yield to predict changes in the demand for gold. When the yield on the 10-year Treasury bond is low, it signals that the market expects low...

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Ichimoku analysis ( 4 - hour chart ) Tenken - Sen - 1.06823 Kijun - Sen- 1.06786 EURUSD showed a minor sell - off on risk aversion . Markets eye Euro and German flash services Manufacturing PMI , German ZEW sentiment for further movement . Any upbeat ZEW sentiment will push Euro higher above 1.0700 . Euro was one of the worst performers this month due to hawkish...

FaisalFX51214

Guys please see the chart we got Hammer in Daily time frame and also got trendline breakout Best entry level at 1848 Pattern: Hammer Pattern Trend: Bullish Trade Risk: 2% of your equity Power: 75% Stop loss: 1817.90

FaisalFX51214

Today, investors and traders are keeping a close eye on the release of the PMI number, which has a forecast of 47. However, there are concerns that even a forecast as high as 50 may not be good for the economy. Despite this, the expected forecast for today's PMI number is 47, and this leaves some wondering if it will be sufficient to support economic growth. As...

FaisalFX51214 Updated 

We got Hammer Bullish pattern in 4 hour time frame Trade risk: 2% of your equity Pattern power: 65% Pattern type: Reversal Entry point: 0.57850 stop loss: 0.57610

FaisalFX51214 Updated 

We got Hammer Bullish pattern in 4 hour time frame Trade risk: 2% of your equity Pattern power: 65% Pattern type: Trend Reversal Entry point: 1.19411 stop loss: 1.19119

FaisalFX51214

The US Dollar Index, commonly referred to as DXY, is a widely recognized and commonly used benchmark for measuring the performance of the US dollar against a basket of six other major currencies, namely the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. DXY is widely regarded as an essential tool for traders and investors...

FaisalFX51214

Today, the market is anticipating the PMI number with a forecast of 47. However, there is a belief that even a higher number such as 50 would not be good for the economy. Nevertheless, the forecast for today's PMI number is 47, and the question is whether this is good enough. Moving on to the USOIL/CRUDEOIL market, the current market conditions suggest that it is...

FaisalFX51214

Today, we are eagerly awaiting the release of the PMI number, with a forecast of 47. However, in my opinion, even a forecast of 50 is not good for the economy. Despite this, the expected forecast for today's PMI number is 47, and one may wonder if this is good enough for the economy. As for gold, my inclination is towards a buying position today. There are...

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Introduction: The US Dollar Index (DXY) is a widely followed indicator of the value of the US dollar relative to a basket of foreign currencies. As gold is priced in US dollars, changes in the value of the dollar can have an impact on the price of gold. In this article, we will explore the relationship between the DXY index and the price of gold, and why this...

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As is commonly known in the world of trading, Mondays tend to be low volatility days. Given the added closure of US banks today, the day is anticipated to be an ultra-slow or low volatility day. Despite this, Monday presents ideal opportunities for intraday traders. With regard to gold, I am tilting toward the buying side today. There are good buying areas at...

FaisalFX51214

As is commonly known in the world of trading, Mondays tend to be low volatility days. With the added closure of US banks today, this Monday is expected to be an ultra-slow or low volatility day. However, Monday is still a favorable day for intraday traders. From my perspective, I believe that the Nasdaq100 may be range-bound on Monday. A good support zone or buy...

FaisalFX51214

As is common knowledge in the world of trading, Mondays tend to be low volatility days. Today, with the closure of US banks, the day is anticipated to be an ultra-slow or low volatility day. Despite this, however, Mondays can present lucrative opportunities for intraday traders. In view of the current market conditions, I anticipate that USOIL/CRUDEOIL will...

FaisalFX51214

Crude oil is currently exhibiting a bullish trend in the 4-hour time frame, with a noticeable bullish trendline and a recent reversal from the trendline. For traders who have entered the market from the trendline, it is recommended to hold the position until the 77.6 - 78.1 range, which is a significant resistance level due to the presence of the 200-day moving...

FaisalFX51214

When considering investing in the stock market, it is essential to pay attention to a variety of economic factors that can impact performance. One such factor is inflation rates. When inflation rates increase, interest rates often follow suit, and the stock market can become quite volatile. In fact, some market analysts suggest that an increase in interest rates...

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In this article, I will be discussing the weekly support and resistance levels for gold trading. It is important to note that on a weekly basis, we can see a major resistance level at 1898-1905 and a major support level at 1780-1790. Currently, gold is trading in the middle, far away from these support and resistance levels. However, there is a downward trendline...

FaisalFX51214

Crude oil is one of the most widely traded commodities in the world, and many investors seek to profit from price movements in this market. However, with prices often volatile, it's important to understand the key support and resistance levels that can help guide your trading decisions. With the help of technical analysis, two key resistance levels have been...

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The Nasdaq 100 is an index of the largest 100 non-financial companies listed on the Nasdaq stock exchange. This index is often viewed as a barometer of the technology sector and is closely watched by investors around the world. If you're thinking of investing in the Nasdaq 100, it's important to understand the key support and resistance levels that can help guide...