XAUUSD H1 Gold has experienced a remarkable surge as we kick off the new week. The upside potential is substantial, and reaching all-time highs seems increasingly attainable. Get ready for an exhilarating week ahead, encompassing both commodities and stock indices. Keep a keen eye out—this week is brimming with opportunities you won't want to overlook!
DXY D1 We continue to navigate to the southside here with the dollar index. During recent trade and events over the past few weeks. Should we breach the significant 103.000 threshold, our sights are set on the next target at 101.500. Additionally, anticipate a continued upward trajectory for XAUUSD, with all-time highs on the horizon.
GBPJPY D1 In yesterday's trading session, we witnessed a notable rebound around the 185 handle, surging an impressive 200 points and achieving a 3R gain. However, the current price is encountering some resistance, suggesting a potential slight dip before the anticipated upswing in the next wave.
AUDUSD has successfully executed an upward breakout, skillfully navigating a retest after surmounting the significant 0.65 threshold—a resistant range that has steadfastly held its ground for a considerable duration. Anticipating a pullback, seizing a buying opportunity within that zone seems prudent. A substantial upside potential beckons from 0.65, stretching...
In tandem with the analysis of the dollar index and the subsequent evaluations of AUDUSD and EURUSD... The ongoing trend of a weakening dollar shows no signs of abating. That being said, 1.25 is our confluence zone and buy region. Over the past 18 months, we witnessed a prolonged series of interest rate hikes, and the market is now experiencing a sense of relief...
The dollar index has experienced a rebound, surpassing the 103.00 threshold. When examining currency pairs such as GBPUSD, AUDUSD, and EURUSD, it becomes evident that there is further potential for movement within the frameworks we are monitoring. This suggests the likelihood of DXY breaching the 103.000 support level, setting the stage for extended targets in the...
Taking a closer look at the GBPJPY on a more immediate timeframe, we observe compelling instances of price rejections on the H4 chart. The market is earnestly seeking support around the pivotal 185 level. Notably, there are prominent wicks penetrating into a liquidity zone, presenting an intriguing opportunity for a potential surge towards the 187-190 range. The...
GBPJPY D1 GBPJPY surged to peak at 188, subsequently retracing to the 185 handle, which aligns with our identified confluence and buy zone. The strategic elements in play include discernible daily (D1) demand, robust D1 support, and the psychologically significant 185 price level. Additionally, our protective stops are strategically positioned to encompass the...
DXY D1 The dollar index has displayed robust corrective movements in recent weeks, buoyed by a diverse set of supporting data points. The 103.000 handle emerges as a pivotal support zone, potentially paving the way for a substantial rebound in the USD. It remains to be seen how events will unfold. Examining the market from its swing low to swing high, a...
AUDUSD D1 AUDUSD has gracefully hovered within the 0.63 to 0.65 range, a trend that persisted until the recent breakout spurred by the dollar's softening. The 0.65 handle encountered a noteworthy rejection, mirroring the resistance observed at cable 1.25. In light of these developments, a straightforward break-and-retest scenario cold unfold, suggesting the...
The 35,000 handle has become a focal point, laden with significant psychological implications. Anticipating potential rejections in this territory, though the extent of their impact remains uncertain. Nevertheless, the exploration of this scenario is deemed valuable, given the considerable corrective movements stemming from last week's market fluctuations and the...
EURUSD H8 We might not have highlighted this particular trade yesterday, as our attention was primarily on AUD/USD and GBP/USD. It's worth noting that EUR/USD tends to exhibit a pattern more closely aligned with GBP/USD than with AUD/USD. Despite this, we've observed a significant upward spike, and we've identified a promising setup for a new long order. Today's...
GBPUSD has experienced a substantial 2R decline. Stops, as previously noted, were on the larger side, presenting traders with the choice of adopting either an aggressive or conservative approach. The conservative option offered a lower risk-reward ratio but increased the likelihood of holding onto the trade, while the aggressive strategy involved tighter stops and...
Little shy here on US30, and slight adjustments to the zone here, but we are into our sell region, lets see if we can see a bit of a dollar relief rally here.
US30 - H8 The US30 demonstrated upward momentum, aligning with the movements of XAUUSD and US100, as anticipated earlier. This surge was prompted by the revelation of inflation figures lower than anticipated during yesterday's trading session. Notably, the index has maintained a robust stance at the significant psychological threshold of 35,000 since August...
DXY D1 XAUUSD experienced a substantial surge, mirroring the impressive ascent of US30, US100, and other ***USD-based instruments. This surge was prompted by a notable sell-off in the dollar, aligning with CPI figures that fell below expectations. The market displayed a strong, one-directional momentum, creating a powerful and widespread impact across various...
GBPUSD H8 Yesterday evening, we thoroughly analyzed this particular currency pair with one of our coaching members. We emphasized the evident confluences, including notable supply and resistance zones, along with the psychologically significant 1.25 price level. Today, we anticipate a slightly bullish trend for the USD, anticipating a relief rally after a...
AUDUSD H8 AUDUSD, a currency pair known for its dynamic movement during the eastern session, owing to its base in the eastern time zone. We observed a substantial decline of up to 1.1R in the previous eastern session, although it's worth noting that stop losses are set with a broad coverage, extending to encompass all previous wicks. Today, we'll be keenly...