us dollar index was consolidating in ascending broadening wedge in daily tf few dasys ago we predicted breakout to the downside dxy following as we predicted yerterday dxy breaks wedge to the downside as expected now expecting strong moves to the downside in coming days good for euro gbp aud nzd
💶💵EUR/USD Attention Bull Trap 💶💵Post is a direct follow-up to yesterday's post on EUR/USD 💶💵After a sharp downward reaction we are back around the resistance zone again, which I believe will bounce EUR/USD again towards the target set in the previous post. 💶💵The scenario I'm playing out is a continuation of the declines into the previously set support zone. I...
It's my first idea here and I wanna make it easy to get the right time to open new position... The price now ll make new strong correction.. And my target ll be on 18000 ... Good luck
Gold price consolidates recent gains after crossing the key resistances near $1800. The US Dollar rebound would allow Gold to have a pullback. The market awaits the key US Nonfarm Payrolls (NFP) during early Friday. If $1796 support broken another key level is the previous month’s top near $1787. Failure to keep above would open the door to $1750. The previous...
Bitcoin looks like it needs to hit our pointer thumb before moving higher! This is where I believe support is for Bitcoin and will look to push higher from there. If we are to break into the cloud we will re-evaluate Bitcoin.
GBP FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE A looming recession has been a key source of Pound weakness and has kept pressure on Sterling despite ongoing BoE hikes. At their NOV policy decision, the BoE’s updated projections showed a deeper and longer recession than previously thought, as well as a stern push back against current market pricing for the high...
1. If the Non-Farm Payrolls data remains above 200K and the unemployment rate remains below 3.7%, GOLD SELLS below | 1795 -1789 | 2. If Non-Farm Payrolls data remains UNDER 200K and Unemployment Rate ABOVE 3.7% BUY GOLD BUY | 1803 | + confirmations DXY BULL (2) / BEAR (1) ╔═╦╗╔╦╗╔═╦═╦╦╦╦╗╔═╗ ║╚╣║║║╚╣╚╣╔╣╔╣║╚╣═╣ ╠╗║╚╝║║╠╗║╚╣║║║║║═╣ ╚═╩══╩═╩═╩═╩╝╚╩═╩═╝
USDJPY after our previous ideas continues the bearish momentum as expected. The market dropped to a daily support level and broke the ascending trendline. How can i approach this scenario? I will wait for a possible retracement on the 4h timeframe and IF the price will provide us a sign of inversion i will set a nice short order according to the Plancton's...
Everything will become clear after the news, so there is no need to rush, secure your positions and place your stop loss, and with regard to this idea, it is my expectation on the direction of gold, as the NFP data came positive for the US dollar and the unemployment rate was less than expected.
moved as we predicted descending channel breakout already done double bottom breakout and alnd retest has already done expecting massive bulish moves in coming days
giving Bearish Evidances According Price Action Over All Moving In Ascending Broadening Wedge In Daily Tf Recently Brokes Ascending Channel Too Now Forming Symatricsal Triangle + Printed Massive Bearish Divergence Too Lets Summyrize thses Evidances chfjpy was in strong uptrend since very longtime right now price actiom showing sighns of trend...
Contrary to the USD/JPY forecast, the EUR/USD is a pair negatively correlated with the USD, today may take advantage of the USD and make a new Bullish impulse if the already talked Economic news on my USD/JPY analysis will be bad for the USD. Our Idea is strongly positive for the EUR/USD and all the correlated pairs, the last words will come from the market after...
After our previous target in USD/JPY also today the price is still inside a strong Bearish rally where the price may take advantage of the USD if all the economic news like the Average Hourly Earnings m/m, the Non-Farm Employment Change, and the Unemployment Rate will have a bad release for the USD. Our Forecast is about a Bearish continuation.
Same vision today for the GOLD that, like the EUR/USD still in a solid bullish rally. Yesterday the price reached our target and today the value of the Gold, as for the EUR/USD it's inside an accumulation pattern waiting for the US release of economic news. If you are reading my post about USD/JPY where I explain my Daily Market Analysis you will know that the...
Contrarily to EUR/USD, the USD/JPY is inside a strong bearish rally where the price in the last sessions dropped very strongly without any pattern of accumulation or retracement. Our forecast is about a continuation of this tendency. The release of the US news today will be crucial to the realization of our Idea because in today's European session, attention will...
Hey traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.047 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
The EUR/USD after our yesterday's target reached, the price still inside a robust bullish rally where today will be decisive for the release of the economic data about the USD, in particular, the Unemployment Rate, the Average Hourly Earnings m/m, and lastly the Non-Farm Employment Change where for both three the forecast is negatively compared the last previous...
TODAY’S MARKET IDEA: GBP/USD GBP/USD bullish conditions remain, however, faces strong resistance at the August highs near 1.2280 (daily chart) GBP/USD current price faces key resistance near the top end up the multi-week upward price channel (1.2280). A break above this resistance could place the 1.25s in sight, while downside support can be seen near 1.19....