XAUUSD Next Buy opportunity 2061 - 2062 Target will be 2069.00 Set for 2 targets Wait for confirmation.................... SL ( Set a uniform set of 15$ ) only for your reference and you can set it according to your free margin. Recommend SL 2057
In the intricate realm of global finance, the decisions and policies of major central banks wield considerable influence over currency markets. One such pivotal institution is the Federal Reserve, the central bank of the United States, whose recent policy trajectory has had a discernible impact on the GBPUSD currency pair. This essay delves into the nuanced...
Hello Traders NEW MARKET IDEA BUY GOLD Technical Analysis & Fundamental analysis Gold rose above $2,055 an ounce on Friday, inching closer to the record high, as the latest data from the US supported bets of early monetary easing by the Fed in 2024. US PCE prices unexpectedly declined by 0.1% mom in November, contrary to market forecasts of a flat reading,...
It seems that if the USDJPY currency pair does not cross 145 strongly, the price of the dollar will decline
🔹 Post Static Level Breakout in Daily Timeframe: Following the breakout of a static level in the daily timeframe and subsequent weakness, there's a possibility of a false breakout with a strong upward movement. 🔹 Entry Trigger on Exiting Consolidation: Exiting the specified consolidation zone can be considered as an entry trigger. 🔹 Potential Downward Movement:...
As you can see GBP USD is in a bullish momentum, but i see a clear manipulation of highs from 4h going to 15min TF each. So i decided to take sell trade in one of the POI (point of interest) i am seeing in the charts, of course based on proof not on speculation. After seeing validity on 1H TF , I checked again the 15minutes TF (my favorite TF for pending order...
Demand zone for long 0.8257-0.8222, stop loss: 0.8217, tp 0.8380.
Demand zones for long 0.6105 & 0.6068 respectively. stop loss 0.6050, target: 0.6240.
Hi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 For the biggest part, I prefer to trade reactive rather than predictive. Chart patterns really come in handy with this strategy. Here are my...
📊 EUR/CAD Trading Range: In the daily timeframe, the Euro to Canadian Dollar (EUR/CAD) pair is currently near the top of its trading range. The range's ceiling is around 1.5050, and the floor is at 1.4245. 🔝 Approaching Range High: The pair has ascended within an upward channel from the bottom to the top of this range and is now forming a head and shoulders...
The FOREXCOM:EURUSD has been mitigating the price zone of 1.12147 and 1.17122 since 2015, and had a rejection move from the zone on July. On the 1W Time Frame: 1. Price did a change of character 2. Price tapped the 0.618 premium zone There are 3 things that can happen 1. Price rejects the premium zone and pushes down 2. Price enters a more premium...
Demand zone for long 0.5883-65, stop loss: 0.5840, target: 0.6050
I am extremely bearish on EURCAD. 1.48384 has been broken. This is my 5m displacement point. Profits have been locked in. 1st TPIS 1.43000. SMC Strategies are king!!
Demand zone for long 1.0715-1.0670. stop loss: 1.0645, target: 1.0910
Not cuz Aud is nice, JPY just gettin dusted Just like how CHF dusted it last year Buys w/lvrg.
We can see the pattern on the monthly time frame and this is the time for AUDUSD to rise Then, what we have to pay attention to is the strong area that I described, now the price has made a rejection, all we have to do is wait for confirmation to entry
If we look at it from a weekly perspective, it's time for USDCHF to rise! but it takes a long time let's look deeper! after I consider in terms of trend lines, rejections from large time frames, and look at the structure. I would say that prices will go down first
I think that AUDCAD's price is currently on a support zone on the 4H timeframe. I am entering a long with a tight stop loss (just above the latest low candle). I am avoiding an EUR or USD pairs as we have some news today.