premierfx

premierfx

Trading Economics: Market optimism of inflation dropping while labor market holding strong as seen in the data is leading to significant stock market gains. We saw Equity markets in the US surge to new highs last week as optimism led to major demand for risk assets. We see this sentiment continue with major gains yesterday across US stock markets as optimism...

premierfx

Trading Economics: Gold held above $1,970 an ounce on Wednesday, hovering near its strongest levels in two months amid a general dollar weakness, as easing US inflation raised hopes that the Federal Reserve is close to the end of its current monetary policy tightening cycle. Still, the US central bank is widely expected to raise interest rates by 25 basis points...

premierfx

Trading Economics: Market optimism of inflation dropping while labor market holding strong as seen in the data is leading to significant stock market gains. We saw Equity markets in the US surge to new highs last week as optimism led to major demand for risk assets. Investors now await more US data and corporate earnings reports from major US firms this week for...

premierfx

Trading Economics: Gold rose toward last week's highs at 1963 on Tuesday, approaching its highest levels in a month amid general USD weakness, as easing US inflation raised hopes that the Federal Reserve is close to the end of its current monetary policy tightening cycle. Still, the US central bank is widely expected to raise interest rates by 25 basis points this...

premierfx

NASDAQ - Monday July 17 Trading Economics: Following the drop in the US CPI report, the market is increasingly confident that we are heading towards a soft landing. Such expectations are also supported by the strong labor market, as we confirmed again by the US Jobless Claims last Thursday, and the rising consumer sentiment, as seen in the University of Michigan...

premierfx

Gold - Monday July 17 Trading Economics: Last weeks drop in CPI report has given signs of inflation easing in the US and led to an impulsive upside move on Gold into the 1960's as markets expectations for less interest rate hikes and earlier rate cuts added demand. However, strong labor market data and consumer sentiment on Thursday and Friday, as well as...

premierfx

Market Structure - HTF: Ranging between 1983 and 1927 - 4H: Bearish, but ranging between 1970 and 1955 Data in focus: - US CPI at 8:30 (Previous 4.9%, Expected 4.1%) Economists are forecasting a substantial drop. - High CPI: Markets will be shocked, start pricing in more rate hikes in future. (USD Bull, Gold Bear) - Drop from previous, Higher than...

premierfx

Market Structure: - Weekly: Ranging between 1928 + 1983 - Daily: Ranging between 1940 and 1985 - 4H: Ranging between 1942 and 1965 - 1H: Ranging between 1956 and 1967 Data in focus: - No data today - CPI Tuesday - FED rate decision Wednesday Expect low volume as markets are ranging and we have no significant data today. Markets will be setting up for later this...

premierfx

Gold Analysis - Wednesday June 7 MARKET SENTIMENT - DXY is overall bullish on HTF. Correlated Bearish structure on Gold - 67% chance of pause in rate hikes, but FED still opening the door to more hikes in the future - Inflation still high. CPI still much higher than 2% target. FED saying it will still take a couple years to come down, meaning high rates for...

premierfx

Market Structure: - Weekly: Ranging between 1983 and 1927 - Daily: Ranging between 1978 and 1940 - 4H: Ranging - 1H: Ranging between 1965 and 1956 Data in focus: - None Trade Ideas: 1. Buy: 4H KL Retest (1956) - multiple rejections at 1956 showing buyer demand - Bottom of the range on 1H, 4H - Recent rejections from 1940 demand zone, buyers currently...

premierfx

Market Structure: - Weekly: Bearish below 1983, bullish above 1927 - Daily: Bearish below 1985 - 4H: Bearish - 1H: Bullish Data in focus: - no data this session Trade Ideas: 1. Buy: 1H BOS Retest (1961) - Impulsive buyers from demand zone - BAD PMI Data adding to gold demand, USD weakness - Breaks back above 4H KL (1956) after liq grab - Fresh HH...

premierfx

Market Structure: - Weekly : Bullish at 1927, Bearish below 1983 - Daily: Bearish - 4H: Bearish - 1H: Bearish Data in focus: - S&P Global Composite PMI (MAY) at 9:45 - Services PMI at 9:45 - Factory Orders at 10:00 - ISM Non-Manufacturing PMI at 10:00 Trade Ideas: 1. Pullback Buys: 1H BOS Retest (1945) - WAIT for 1H HH close above 1945 - CONFIRM USD weakness...

premierfx

Gold - Friday June 2 Market Structure: - Weekly: Bullish - Daily: Bearish - 4H: Bullish - 1H: Bullish (Ranging) Data in focus: - NFP - Unemployment Rate - Hourly Earnings Fundamental Drivers: - FED officials hinting towards a "skip" for this meeting which lowers market expectations of rate hike this month, but leaving the door open for hikes in future - FED is...

premierfx Updated 

Potential Price action and value areas. Looking for a potential deeper pullback to take advantage of short term sells, and better buy opportunities.

premierfx

US30: - Price has pushed and closed to new HH on 240M - Market structure has flipped from bearish (pullback) back to bullish (alignment with HTF trend) - I will be looking for buys at the retest of the following liquidity zones. - I will execute if I get signs of rejection on 15M timeframe

premierfx

Market structure on the SP500 has aligned bullish on all timeframes. Price on the 4H chart has pushed above previous lower highs within the pullback structure. We also have a 4H Higher low candle close above this 4H Liquidity level. I will look for buys at the retest of these liquidity zones if I see some rejection confirmations on 5M and 15M timeframes.

premierfx

Potential Buy areas based on market structure and liquidity zones - Look for entries @ these levels based on LTF confirms

premierfx

potential price action based on a bearish market structure. Look at LTF entry confirms @ these Liq Zones