Hello traders, we want to check the EURAUD chart. The price is moving in an ascending channel and has reached the key level and the bottom of the pullback channel. We expect the price to maintain its upward trend and the price to grow to around 1.67400. Good luck.
USDCAD 1H The pair moved with horizontal resistance level. 1.3275 We can see the price had a fakeout. 2 Times retested with support. The best way to use this opportunity is to place a Buy order with, 🗣 BUY ORDER AT 1.358300 🗣 TAKE PROFIT 01 1.36000 🗣 TAKE PROFIT 02 1.36300 🗣 STOP LOSS AT 1.3530 The upcoming news will not influence your orders within the...
USDJPY 1H The pair moved up to the resistance level of 150.68. The best way to use this opportunity is to place a buy order with, 🗣 BUY ORDER AT 149.90 🗣 TAKE PROFIT 01 150.10 🗣 TAKE PROFIT 02 150.40 🗣 STOP LOSS AT 149.40 The upcoming news will not influence your orders within the mentioned period.
World gold prices continued to increase with spot gold increasing by 12.1 USD to 2,127.2 USD/ounce. Gold futures last traded at 2,136.4 USD/ounce, up 10.1 USD compared to yesterday morning. World gold prices continue to surge as the market becomes increasingly certain that the US Federal Reserve (Fed) will loosen monetary policy in June after a series of weak...
Hello everyone, this is my overall analysis of USDOLLAR. I believe we will have a high in order to take the inducement, and then we will see a long term drop up to the extreme order block. This view is my base idea for the lower timeframes and other major pairs. I will publish W, D, 4H, 1H and 15min as well as major and important pairs. This is my first main...
Gold price pulls back from multi-month peak, downside potential seems limited Gold price rallied to a three-month peak on Monday and settled at an all-time high, above the $2,100 mark amid bets that the Fed will start cutting interest rates in June. Apart from this, a further escalation of geopolitical tensions in the Middle East turns out to be another factor...
World gold prices increased sharply with spot gold increasing by 34.9 USD to 2,115.1 USD/ounce. Gold futures last traded at 2,124.4 USD/ounce, up 28.7 USD compared to yesterday morning. World yellow metal prices reached a 3-month high at the beginning of the week, boosted by increased expectations that the US Federal Reserve (Fed) will loosen monetary...
Hello Traders; I am selling GBP/USD right now. Entry Strategy : SMC *For those who want to follow, remember risking 1% only. Trade With Care, WAVE HUB FX ---------- Please follow me and like if you agree or this idea helps you out in your trading plan Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use...
World gold prices tend to decrease with spot gold down 2.1 USD compared to last week's closing level to 2,080.2 USD/ounce. Last week, the gold market entered a new trading week relatively quiet without catalysts. Prices were nearly flat until Thursday when a report showed consumer prices were lower than forecast. After a slow start Friday morning, the precious...
The key events for the week are concentrated mainly between Wednesday and Friday. In the United States, the focus will be on January jobs data and speeches by Federal Reserve officials. The most important of the bunch is of course Federal Reserve Chair Powell two-day testimony in Congress on monetary policy starting Wednesday. Traders will look for cues...
The Fed must be holding back the temptation to say, ‘we told you so’ now that market expectations match those released in the Fed’s December summary of economic projections. Three rate cuts in 2024 is the new expectation, down from six and potentially seven at one stage. As such, the dollar has found its footing in the early weeks
In the EURAUD 4-hour chart, prices made a retest, also known as pullback, to the broken resistance zone. This zone also corresponds to the Fibonacci 0.382 level. The uptrend may continue from where it left off. This is not an investment advice!
Gold climbs to multi-week high near $2,050 as US yields edge lower Gold gained traction and advanced to its highest level since early February above $2,040 on Thursday. The benchmark 10-year US Treasury bond yield drops toward 4.2% after US PCE inflation data, providing a boost to XAU/USD. Gold has been considered a highly valuable commodity for millennia and...
Gold according to the 1-hour chart, XAU/USD lost momentum but holds on to gains, limiting the risk of a steeper slide. The 20 SMA heads firmly north, far below the current level, momentum, while the longer moving averages remain directionless. XAU/USD hovers around a flat 100 SMA Technical indicators, in the meantime, eased from near overbought readings,...
As you can see, the price took the sell-side liquidity and had a bearish reaction, in addition, we can see the price created the bullish breaker block and FVG. Now, we can expect the price to move higher to collect the buy-side liquidity, for that, it may happen from here or retrace more to a bullish order block which formed on the 50% level Fibonacci. 💡Wait...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity AUDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
The EUR/USD daily chart sees the pair remaining confined to the 1.0801 -1.0862 area during the last three days, bracing around the 200-day moving average (DMA) at 1.0821 Relative Strength Index (RSI) studies turned bullish, but buyers need to achieve a daily close above last Friday’s high, to remain hopeful of testing the 50-DMA at 1.0882 ahead of the 1.0901...
Hello traders ,what do you think about EURUSD ? This currency pair has broken its trend line and is pulling back to the broken zone. It is expected to fall at least yo the specified level after the completion the pullback If this post was useful to you, do not forget to like and comment.❤️