Get started

Forextrader

Gbpjpy swing trade what next ? Read the caption A push below 191.00 could pave the way for a deeper pullback. The next support would be the Kijun Sen at 190.71, followed by the March 25 wing low of 190.32. A breach of the latter would expose the next support level at 190.02 On the other hand, if GBP/JPY stays afloat and rallies above the Tenkan-Sen, that would open the door to challenge 192.01. Further gains are seen above that level, with the 193.00 mark, followed by the current year-to-date (YTD) high of 193.54
Long
by Mrsam36
Xauusd ready to above 2250 read the caption The Fed signaled they want to be cutting rates and there’s a geopolitical risk concern that continues t markets around these wars, both in Ukraine and in the Middle East, which is gold supportive,” Ilya Spivak, head of global macro at Tastylive said. “Gold prices are in a rangebound trade for most time this month and a break above current resistance level around $2,223 per ounce could see prices heading towards the $2290 mark
OANDA:XAUUSDLong
by Mrsam36
Gold will hit another peak level read the caption As the gold market is expected to consolidate around its recent record highs, investors are finding value in other areas of the precious metals market as it could be silver’s turn to run, according to some analysts. While  relatively calm; however, there are some signs investors are finally paying attention to the market as the gold/silver ratio looks to end the week at its lowest point so far this year. The ratio is currently trading around 85.50 points., down sharply from the 89 points seen at the start of the week
OANDA:XAUUSDLong
by Mrsam36
AUD/JPY Short, EUR/JPY Short and CAD/JPY ShortAUD/JPY Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/JPY Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. CAD/JPY Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Short
by StewySongs
1
Gbpusd do any thing to go sell read the caption The GBPUSD has completed its down and up "lap" that saw the pair move from an Asian session high at 1.273052 to a low in the European session at 1.2677 (and briefly below the 200 bar MA on the 4-hour chart at 1.2673), and then back up to a US session high at 1.2733 The current price is trading at 1.27206 That the new session high, the price did extend above the 100-bar moving average on a 4.-hour chart currently at 1.27285. So like at session lows, the price will move the 4-hour moving average by a few pips only to fail
Short
by Mrsam36
Usdchf clear show us to big sell read the caption Sellers in the USDCHF tried to extend it to the downside in the early New York session, but were thwarted by swing area support between 0.88187 and 0.88241. The low price reached 0.88225 before bouncing back to the upside. That move higher has now taken out the prior high for the day at 0.8854 and now looks toward the high price from last week and Friday trade at 0.88523 as the next target to get to and through to give the buyers more confidence
Short
by Mrsam36
Usdjpy selling pressure read the caption USDJPY is churning chart paper just above the 149.01 handle as investors gear up for a central-bank-heavy week. The Bank of Japan (BoJ) is expected to deliver an update on its negative interest rate regime early in the Tuesday market session after Japan’s spring wage negotiations showed the highest wage increases in over three decades. The Federal Reserve (Fed) also expected this week and will drop its latest Dot Plot summary of interest rate projections on Wednesday
Short
by Mrsam36
xauusd h4 candle seeing above 2194 read the caption Meanwhile, the markets are still pricing in the possibility that the Fed will begin its rate-cutting cycle as early as June. This, along with ongoing geopolitical tensions, could offer some support to the safe-haven Gold price and help limit losses. Traders might also refrain from placing aggressive directional bets ahead of the crucial two-day FOMC policy meeting starting this Tuesday. Investors will look for cues about the Fed's rate-cut path
OANDA:XAUUSDLong
by Mrsam36