AUD USD TRADE SETUP 4HR TIMEFRAME AUD USD is trading in a support and resistance level, the price is currently at the resistance level. A Double Top Pattern has formed on the resistance level which is a good confirmation for reversal.
AUDUSD This week the price action has been up and up volatile Today the up was pressed with the price moving up to test a high upward slopping trend line That trend line was broken on separately occasions
XAUUSD adopt a more hawkish posture signaling that more patience is needed before removing policy restraint and that fewer rate cuts than initially anticipated
BTCUSD strong bullish Therefore there is a likelihood that Bitcoin will resume the uptrend as the rotation from GBTC to other ETFs continues It will also do well ahead of the upcoming
XAUUSD Taking into account todays developments bond yields will struggle to move much higher in the near term especially if incoming economic data starts cooperating with policymakers This could prevent
BTCUSD The decision was significantly more offensive than expected since most analysts expected the bank to change its guidance since inflation has remained at an
XAUUSD will hold its March meeting this week Although the central is largely expected to keep its policy settings unchanged the institution led by Jerome Powell could modify its forward guidance and adjust its outlook in the quarterly summary of economic projections in light Of gold
and the daily 21 moving average. This is where we can expect the buyers to step in with a defined risk below the support to position for a rally back to the highs The sellers on the other hand will want to see the
EURUSD Jerome Powell hinted that the Fed was convinced that inflation was still bullish and that The bank was hopeful that it would start cutting rates later this year
EURNZD Retracing on HTF so use strong and fresh supply for sell orders until hit the Daily Fresh demand zone
On our HTF we have a clear bearish bias after liquidity pool has been swept and retraction trend coming to end with a supply rejection zone giving us a confirmation for the short... in addition, fundamental view, we have a weaker USD giving us a sure entry assurance for our swing short position.
3 High Reward Trades(1:12RR + 1:3RR + 1:21RR). Pay attention to the annotations made on the chart. And see how easy it is to harvest the markets. The long trades are still running. Target is M15 HH. If it break evens, then one more entry can be scaled at the extreme lower leg. Happy Trading -Team Lamda
In the upward trend that the pound has taken, it can see higher numbers and grow up to 1.23.
OANDA:EURUSD Looking at EURUSD as it is currently on the 4HR timeframe, no doubt we've been on a long paused of price continuing the uptrend that started on 14th Jul where we seeing price on a wide consolidation between 1.0097 - 1.0275. However, price can't range forever which has brought the report to us from our analysis that: we may continue to see further...
Trading is a huge challenge but are you ready to take it? Don't give up on this journey you are meant to trade if you as reading this post that's a good sign Looking for a mentor is a good start and I would encourage you to do so. Passing that first loss will be hard for you so prepare for some disappointment Losing feels terrible don't worry you will learn...
With the CADJPY`s consolidation around the 101 area, we are anticipating breaking the levels and aiming at 100 - 120 pips upward movement in the currency pair. The trade would require you to keep a close eye on the parameters due to the market volatility and once in 30 pips our way, we will be looking at adjusting our SL to Entry. The levels that we have set...
FOMC: This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price. We can see that...