With a new review of the Euro/Dollar chart, we can see that the price has been corrected by entering the old FVG range and is currently trading in the range of 1.08 ! The first scenario is the fall from this range and the second scenario is the first rise to 1.087 and then the start of the fall again! Considering today's important meeting of the Federal Reserve,...
By checking the gold chart in the 4-hour time frame, we see that the price finally reached $2032 based on yesterday's analysis on daily time frame, and after that, the initial drop of 40 pips has been corrected to $2028! As you know, today we will have the meeting of the Federal Reserve, which can cause the market to face heavy fluctuations! If the minutes show...
GBPUSD may lose ground amid the weakness of the British market against the dollar. The dollar index is strengthening amid more positive news this week than analysts expected, moreover, another indicator of tight policy is the high interest rate in the US, which continues to be kept at the same level.
Reasons for a possible fall
1) Downtrend
2) Weak fundamental...
By checking the gold chart in the daily time frame, we can see that the price has come back with the demand after the fall from $2023 to $2013, and we see that it has now reached the range of $2030! Monitor the range of $2032 to $2038 for SELL and wait for the right trigger to enter!
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GBP/USD remains on the back foot below 1.2600 in the European session on Tuesday. The US Dollar finds haven demand amid a dour mood while the Pound Sterling stays anxious ahead of BoE Governor Bailey's testimony on the Monetary Policy Report before the UK Parliament.
GBPUSD buy price 1.25925
TARGET. 1.27000
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Dear friends!
Today, GBPUSD has shown clear downward movements, indicating a decline. This is evidenced by the fact that the price has broken out of the uptrend channel at the time of writing, with the price trading around 1.2590, highlighting a 0.02% decrease.
Therefore, it is not surprising that we are quite optimistic that GBPUSD will continue to test support...
ECONOMICS:GBGDPQQ
Great Britain officially entered in Recession due to Two Consecutive Negative Quarters.
The British economy contracted 0.3% on quarter in Q4 2023,
following a 0.1% decline in Q3,
worse than market forecasts of a 0.1% fall, preliminary estimates showed.
The economy entered recession amid a broad-based decline in output,
namely in services...
OANDA:GBPUSD Has formed a bearish impulse with a healthy correction and a lower degree impulse with a lower degree correction that is breaking out of the larger degree trend line!
This is great confirmation of a trend continuation setup.
Hello friends, I hope you are doing well
You can see the gold chart in the 1-hour time frame.
In the analysis on Friday, it did not go according to my opinion and the related news caused fluctuations in gold, and as a result, selling pressure on gold increased.
The drawn resistance level prevented the price from moving upwards and from this level we saw the gold...
The GBP/USD pair closed the previous week with minimal changes, hovering above the 1.2600 level after reaching our initial take profit target at 1.26500. As a new week begins, investors brace themselves for crucial inflation data releases from both the US and the UK, leaving the pair in search of direction.
Starting the week with a retracement and a bearish...
Hey Traders,
Check this analysis out on GBPUSD. The pair had been ranging for quite some time before it broke below the support, followed by an actual smooth pullback.
Provided that the price remains below the support, I will look for a nice short trade.
Keep a close tab on this one.
USDJPY
UPDATE
Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDJPY. USDJPY is at a strong support level and getting a good bounce. Here it has maxing chances we can see gain upto 300Pips+ soon. Keep in touch we will update further soon.
By re-examining the USD/JPY chart, we can see that the price grew to 147,400 based on our expectations, and then faced a heavy fall and was able to fall to 145,900! The efficiency of the previous analysis was 160 pips and the overall efficiency of this analysis has been more than 360 pips so far! Now the price has entered the new supply level (148,450) and I think...
By checking the TVC:GOLD chart, we can see that on Friday, with the announcement of the NFP statistics, gold started a heavy fall and was able to correct even up to $2028! After that, it was again accompanied by demand and started to grow, which was as expected because we had observed the important range of $2032 for possible demand! Gold finally managed to grow...
GBPUSD (W) A deep correction is likely from now on amid a rising USD.
The next place to look could be the price area
at 1.236 at the 0.618 fibonacci retracement zone.
GBPUSD Next Buy opportunity 1.2337 | 1.2500
Target will be Depends on entries. Each Trade
Wait for confirmation....................
4H Resistance level - 1.2870 and support level is 12502. Currently running with descending channel.
SL ( Set a uniform set of 15$ ) only for your reference and you can set it according with your free margin
By checking the gold chart in the daily time frame, we can see that yesterday the price fluctuated a lot as expected and even managed to grow up to $2056, after which it faced a heavy selling pressure and managed to fall to $2031! The noteworthy point is that the price has fluctuated a lot in the last 2 days, but it has not been able to close above the price of...
Here I have GBP/USD on the 1 Hr Chart!!
I've been tracking GU since its been navigating through this Consolidation and with the Negative News for USD today and possibly the rest of the week, I believe we are starting to see a Valid Break of this Falling Resistance to help push GU HIGHER!!
I have entered a Sell Trade @ 1.2715 after it had come down, Tested the...
![GBPUSD: Gbpusd price is ready to fly [Read the caption]](https://s3.tradingview.com/p/PNcYTtRI_mid.png "Gbpusd price is ready to fly [Read the caption]")
