AUUDSD H4 We have now seen out the CPI figures, and for the moment, the trading zones on XAU, GBPUSD and AUDUSD are holding. I'd love to see rejections from 0.68 now. Similarly, GBPUSD sitting on that 1.26 handle. Lets see what unfolds and if the USD can start to see a relief rally of some sort.
GBPNZD reached a key horizontal structure support on Friday. The price formed a tiny double bottom pattern, approaching that. Its neckline was violated then and the pair is retesting that at the moment. I suppose that the market may bounce from the underlined blue area. Goals for buyers: 1.989 / 1.995 ❤️Please, support my work with like, thank you!❤️
The dollar has been the global reserve currency for decades, but what would happen if this changed? This article looks at the potential implications for other countries and the US economy if the US were to abandon its own currency. We’ll explore the historical context of the dollar’s role as a world currency, consider the possible alternatives to it, and discuss...
– Previous Weekly candle closed Bearish at 1982.900 respecting recent Weekly Resistance formed around 2008.000 and retesting Weekly Support formed on 1st Week of April 2023, Previous Daily candle also closed Bearish forming Daily Resistance around 2004.800. – Buys on close above 1989.300 targeting 15min Resistance formed at 1996.000, Leaving Runners to the 1h...
Here we have the possability of a trade forming today, Before we do anything we need to check our steps and wait for confirmation. Please comment below your thoughts and questions.
A new and dangerous phase of relations between China and America can bring a lot of problems for the world economy and not only. After the removal of restrictions on the coronavirus, China opened up and became accessible to the world economy again. Everyone was waiting for this event and hopefully expected that the global crisis would end and new growth would...
– Previous Daily candle closed Weak Bullish at 164.570 with a huge rejection wick to the upside as price tapped into the Daily Resistance formed on 20th December 2022. – Buys on close above 164.980 targeting 15min previous Support formed at 165.350, Leaving Runners to the 4h Resistance at 165.800. – Sells on close below 164.310 targeting 1h Support at 164.010,...
Euro Inflation data out this week, as well as the Aussie CPI. From TD Securities, talking about the Euro HICP: Softer energy inflation likely continued to weigh on headline inflation in the EZ. That said, on a m/m basis, energy inflation likely stayed resilient, in part as subsidized prices won't have declined by as much as wholesale prices. Core will be the...
On April 25, 2022, Elon Musk bought Twitter for an incredible 43 million dollars. Musk immediately promised to make Twitter better for humanity and has already managed to do a lot. How did Ilon's actions affect and what to expect in the future? Let's try to figure it out. Buying Twitter is a grand bargain, but the impact of Twitter on people is even grander. Musk...
The American economy is currently in a state of financial turmoil, with the banking system on the brink of bankruptcy. This has had a major impact on the US dollar and its value against other currencies, such as EURUSD. In this blog post, we will explore the causes and effects of the US financial crisis on EURUSD, identify strategies for trading during a...
Hi traders, GBPUSD is in a multi-scenario area, as the chart is not very clear right now. One scenario is a continuation to the upside from here, another one is a retracement to the bullish area marked on the chart and then a continuation to the upside, and the third one is a deeper correction to the 4h-D trendline. All the scenarios are marked on the...
Hello everyone! Today I want to discuss with you a very important and interesting topic. This topic relates to fundamental analysis and it will be useful to every trader. Let's go! The US Dollar and the whole world As we know, after the Second World War, the dollar became the main reserve currency. The US economy has grown and become the largest on the...
Trade idea for week 2: Seeing a clear bottom here for this pair. Limited downside appetite. Expect a retest and push up like CADCHF. Wait for confirmation.
Hello everyone! Today I want to try to analyze the factors that will affect gold in the new year. We will try to understand what to expect from gold and where the price may end up. The difficulty of predicting GOLD prices Predicting a possible future is a difficult and thankless task for itself. Predicting the future price of gold is also difficult, because...
The dollar index is decreasing in correction, the confirmation was the decline below 110. The first target of the downward movement is 104.96. In what form the movement will take place, we will determine in the next reviews. A rise above 114p will cancel the bearish scenario.
Hello everyone! Today I want to analyze the Bitcoin chart to determine the long-term direction of price movement. I took a weekly chart from 2012 to 2017 (left) and from 2019 to the present (right). 2013 Divergence The first peak was formed on April 8, 2013 . The price at that moment reached $266 . It is from this point that we begin to monitor the...
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ------------------------------ ✅ Please write any advice or...
Hi traders, In the continuation of Saturday's analysis, Gold can be predicted to drop to the $1,600 range ------------------------------ ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope...