The directional bias was perfect. The price traded to the monthly FVG as expected
Hello traders As you can see the market maker sell model is forming on the NZDUSD 15 minutes chart and now we are on the second distribution phase. We looking for a mid-term high form in the premium, then the price goes down for the sell-side liquidity as a final target. Simply put, the market structure shifted after touching the 4-hour bearish order block and...
CPI Setup GOLD | Safe Zone H1 Timeframe Current point 2027.50 - This Setup is not based on Sell or buy - According to last CPI Gold firstly moves 100+ pips in buy and then lay down - After Structuring the data we expected 100 pips buy then gold will fall - We set the safe zone if and if gold break the 2041 area then next move would be 2047 furthermore on...
- CPI session. - I have no bias for this session due to CPI. - I expect to see a bearish session targeting Asia’s RELs and PDL. - PWL and equilibrium of the monthly FVG would be my perfect target.
By checking the EURUSD chart, we see that the price is trading in the supply range of 1.077, and I think that if the price can maintain the support of the range of 1.072 to 1.075, we will probably see the break of the resistance of 1.080 and rise to 1.088! Please support me with your likes and comments to motivate me to share more analysis with you and share...
Preferred direction: BUY Comment: Silver has been stable for weeks and is one of the strongest instruments at the moment. Of course, the US CPI will be reflected in the metal. Despite the forecasted figures, we confidently continue to remain long on silver. The growth target is located at the level of 23.32250 . However, growth above this value can also...
Preferred direction: SELL Comment : Before the publication of inflation data in the US , the Canadian dollar also has the prospect of strengthening. Scenario №1 , which we gave in the previous trading idea for this instrument, is already active. However, given the economic calendar today, scenario №2 is also actively being considered. The target for the...
Preferred direction: BUY Comment: Today is a very important day for the current week, since the publication of data on the US CPI is expected. Against this background, most majors retain their buy priority, and especially the Australian dollar continues to look up in the medium term. At the very moment of publication of CPI data, of course, anything can...
Markets have been EXTREMELY, EXTREMELY SLOW the past few months. Especially Gold which has been stuck in a consolidation. We have CPI data tomorrow, so hoping it provides some sort of real momentum & breakout🤙🏽
Currently watching Crude Futs (NYMEX) to clear an Intermediate term High at 79.00 Big Fig. As my mentor says... "To & Through" Reasons: Crude Bullish Seasonally until march/April (Possible Quarterly Shift to downside) Commercials Net LONG DXY Bullish Failed to break lower on Daily (Indicating to me higher prices are in order) HTF MMSM, however Long in...
EUR/USD is slightly lower on Wednesday. In the North American session, the euro is trading at 1.0751, down 0.20%. Germany's CPI is expected at 0.2% m/m on Friday, which would confirm the initial estimate from two weeks earlier. On an annualized basis, the initial estimate for CPI came in at 2.9% in January, down sharply from 3.7% in December. A deceleration in...
Is the FED's caution on inflation justified? Absolutely! Here is why, secondary inflation spikes are very common when an economy does not enter a recession. The FED knows that. Hence their apprehension moving too fast to lower rates. I think it is a mistake for people to believe inflation is over, running around with a major hard-on to lower rates. On the other...
The price of gold is back in positive territory, heading to retest the two-week high of $2,056 set on Wednesday. The US Dollar is losing momentum amid a renewed appetite for risk, as markets applaud China's fiscal support while assessing the interest rate outlook of the United States Federal Reserve. China's Vice Finance Minister, Wang Dongwei, announced on...
EUR/USD has edged higher in the European session and trading at 1.0890, up 0.18% on the day. The euro had a strong day on Thursday, gaining 0.50%. Inflation continues to fall in the eurozone, although the drop was very modest. CPI eased to 2.8% y/y in January, down from 2.9% in December and in line with the market estimate. Monthly, CPI declined by 0.4% in...
EUR/USD showed little movement earlier but that changed after German CPI was softer than expected. The euro gained 0.40% in the aftermath of the inflation report but has given back about half of those gains. In the North American session, EUR/USD is trading at 1.0857, up 0.11%. Germany's inflation rate dropped to 2.9% y/y in January, down sharply from 3.7% in...
Hello friends, I hope you are doing well. Yesterday, in gold analysis, we expected the supply areas to prevent the gold price growth, as we saw downward reactions from these areas. But the selling pressure on gold increased and continued to move upwards. A new upward trend has come in the form of an upward channel. We had a resistance level in the one-hour...
Today's focus: AUDUSD Pattern – Continuation/resistance break Support – .6566, .6545 Resistance – .6620 Hi, and thanks for checking out today's update. Today, we have run over the AUDUSD breaking down levels we have seen form and what we are looking for after tomorrow's Australian CPI data. Combined with the USD, there are a few scenarios. We have done our best...
CPI headline inflation come in higher than previous so expect another rate hike. When the institutions step in with their ETF money expect them to gab all the liquidity from prior month lows to bring price into discount because that it there angle. prices should come down into these discounted Arrays for buys in line with bitcoin halving this summer or...