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The FOMC meeting of November 1 released on Tuesday, was neutral with hawkish notes and supported the dollar. All FOMC representatives believe that the rates will remain restrictive for some time. the dollar did put pressure on EUR hence the fall but, as the ECB REMAINS more hawkish in its policy, the medium-term picture is in favor of FURTHER EUR STRENGTH. ...

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this pair seemed to be ranging a little the past 2 days after it found a small resistance, it may go down to crab that liquidity and head back up again. otherwise, if it breaks above the newfound resistance we may see it heading up without correcting What do you all think? other active ideas to look at;

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as we wait for the FOMC minutes today, investors believe that the US Federal Reserve is DONE with its cycle of interest rate hikes and anticipate that the central bank may begin to cut the rates around the middle of 2024. this in turn drags the greenback lower and boosts USD-denominated gold. for now, this is the structure we have. trade safe

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hi guys this idea still stands. and with news coming in today it will extend down and turn bull. happy trading and risk wise. novermber will be very bullish for it

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GBP is still trading inside that parallel lines hopefully to day it will go retrace to last day’s closing or pivot . It can also go down to the low and follow the w pattern . After a little retracement I would look for a buy but let’s see

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a simplified pattern of w. if you look closely at its monthly chart the buy formation is almost getting ready to play. however it will go down first to complete that last leg before it goes up. good luck and trade safely

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break and retest strategy never happened as we were hoping ,instead it broke that level which comfirmed sell but it wont be a long sell as weekly and daily still look bullish . i think it will take on a new structure and trade in a channel going up. a long buy is advasiable only if it breaks that 1.22880. good luck on todays trades and trade safe

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Is a Falling Wedge Pattern Bullish? A falling wedge pattern is seen as a bullish signal as it reflects that a sliding price is starting to lose momentum, and that buyers are starting to move in to slow down the fall. Abuy can be taken after it breaks that small channel. remeber to risk well. good luck

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A rising wedge is a pattern that forms on a fluctuating chart and is caused by a narrowing amplitude. If you draw lines along with the highs and lows, then the two lines will form an imaginary angle that will narrow over time. Moreover, this angle’s inclination must be positive; the resulting corner should be pointing upward, indicating an uptrend. A rising wedge...

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Hawkish comments from the ECB supported the euro after ECB governing council representatives warned that further ECB rate hikes may be necessary to control inflation. we may continue to see upward movement .trade safe guys

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yesterday i said after double bottom its a long since bullish bias would have been established. this is the idea for today on what might happen but remeber market does what ever it wants so trade safe.

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hello traders a few days ago i posted this as a siplified w and looked like it was sucessful hopefully you all profited. now what follows after double top bottom? " A double bottom will typically indicates a bullish reversal which provides an opporunity for inverstors to obtain profits from a bullish rally." AFTER A DOUBLE BOTTOM, long positions may occur. so we...

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hi guys the last idea i posted on nas100 was successful however today we have news now lets look at that. Today the federal reserve will disclose its monetary decision of the year and we are all hoping it will be unchanged . looking at the monthly chart you will see that pattern its almost complete. it will go down to clear the early buyers and maybe extend a...

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hello guys i posted this chart a few days ago,it looks like the first tp is achieved and we may now see it go down before it goes up again. good luck

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Traders, had a very sucessful trades the past week now lets have an outlook on this week's trades. EUR gained a LITTLE power the last two trading days and a consuludation is bound to come in play as the market have been going down straight for the past weeks. i think it will move sideways towards the resitance of 1,63xx to get a little power and continue with a...

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Yes we continue to consolidate going up the next to should be . Check your tps on the chart .

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with the on going war in middle east i think xau will push a bit to the next resistance zone with a consuludating pattern. we may also see a sell coming in in this coming month hopefully things stabalize ,lets just be watchful

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looking at the monthly time frame its a starting of a bearish trend ,weekly timeframe also doing the last retest on higher high. this coming month i think we may see sells and hopefully things in the middle east also stablize as bad news fuel GOld. what a successful week we had hopefully we can have more of awesome trades in coming weeks. first goal achieved like...