In the GBPAUD scenario for the first week of May, we have assessments across different factors impacting the GBP/AUD currency pair. Here's a breakdown: 1. Scorecard Analysis: Bullish sentiment for GBP and AUD individually but neutral for the GBPAUD pair. 2. COT-FLIP (Commitment of Traders - Financial Instrument Price) indicates bearish for GBP, bullish for...
NZDUSD price is near the resistance zone. 0.60638-0.60748 If the price cannot break through the 0.60748 level, it is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
NZDUSD is now near an important support zone. 0.58533-0.57922 If the price cannot break through the level of 0.57922, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
The EURUSD pair gave us an excellent pull-back buy entry last week (April 30, see chart below) and has almost reached our 1.08300 Target, which was the 0.618 Fibonacci retracement level: We now turn bearish as not only is the price near the 0.618 Fib but also hit on Friday and gor rejected on the 1D MA50 (blue trend-line)/ 1D MA200 (orange trend-line)...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1 and H1 time-frame. H4 is also entering Overbought Conditions. - Price action is close to last month's Resistance Trendline - Price action is well into a Supply Zone area - Targeting between the 50.0% - 61.8% Fibo retracement Suggested Trade: Entry @ Area of Interest 1.7180 -...
As you can see the price respected the bullish daily FVG and created the bullish breaker that comes with bullish FVG. If the price retests the bullish breaker block, it can be our entry; keep in mind we need LTF confirmation for entry. In this scenario, we can target Daily bearish FVG and also the liquidity above relative equal high. 💡Wait for the...
World gold increased slightly after falling for two consecutive weeks World gold prices fell for the second consecutive week with the closing price just slightly above the threshold of 2,300 USD at the end of last week. Set in the context of relatively conservative fluctuations after important news, notably the Fed's monetary policy statement in mid-week and US...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCHF 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...
My Dear Robbers / Traders, This is our master plan to Heist Bearish side of GBP/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at...
Hello traders, we want to check the AUDCAD chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 0.89800. Good luck
Hello traders, we want to check the GBPUSD chart. The price is moving in an ascending channel and has made a pullback after breaking through a resistance zone. We expect the price to maintain its upward trend and the price will grow to around 1.26600. Good luck.
The Fiber (EUR/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 1.07298 1st Support: 1.06919 1st Resistance: 1.08100 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
This week, 15 Wall Street analysts participated in the Kitco News Gold Survey and most analysts expect gold to slide this week. Four analysts, or 27%, predict gold prices will move higher, while five analysts, or 33%, predict gold prices will fall. 6 experts, equivalent to 40% of respondents, believe that gold will continue to trade sideways. Meanwhile, 217 votes...
World gold spot price is around 2,306.4 USD/ounce, up 5.4 USD/ounce compared to last week. Gold futures price in June 2024 on the Comex New York floor is at 2,304.7 USD/ounce. Last week, the world gold price in the first session of the week traded at 2,335 USD/ounce. After that, the gold price could not be kept above 2,340 USD and began to decline, the lowest...
USD/JPY is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 155.819 1st Support: 151.878 1st Resistance: 157.996 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
Last week, the world gold price in the first session of the week traded at 2,335 USD/ounce. In the following sessions, gold prices could not maintain the mark above 2,340 USD and began to decline, reaching the lowest level of the week below 2,283 USD. World gold price increased again above 2,325 USD/ounce after the Federal Reserve (Fed) announced information on...
Last week, the sector gold fee withinside the first consultation of the week traded at 2,335 USD/ounce. In the subsequent sessions, gold expenses couldn't keep the mark above 2,340 USD and started to decline, achieving the bottom stage of the week under 2,283 USD. World gold fee multiplied once more above 2,325 USD/ounce after the Federal Reserve (Fed) introduced...
The Swissie (USD/CHF) is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 0.90948 1st Support: 0.90138 1st Resistance: 0.91514 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...