Potential bullish movements in the following days/week. Target as 155 area. It's recommend to buy the dips.
Oil prices rise over 2% on Friday as the market reacted to falling U.S. inventories, and signs of strong Asian demand from both China and India added support. However, a possible pullback before upside continuation.
Gold fell on Monday in step with a stronger dollar as investors cautiously looked forward to U.S. inflation data that could influence the Federal Reserve’s timeline for easing its bond purchases. However, a gold recovered before NY closed and continued the rally during ASIAN session. Possible pullback on gold around 1801-1798 (OTE) before further upside...
Good Monday! this is a good analysis on how JPY could be a good idea to trade this week after the run up that all currencies did against it. Fundamentals, Japan has had some good news on their books, we will see how the liquidity responses to this .
The Turkish lira under pressure from inflation data in the country. June consumer price index rose from 0.89% to 1.94% MoM and from 16.59% to 17.53% YoY. As a result of the partial lifting of quarantine restrictions and an increase in raw material prices, inflation in Turkey has reached two-year highs, which does not give hope for the start of lower interest...
Gold rose above the $1,800 psychological level on Tuesday to hit a three-week high, as a pullback in the dollar lifted bullion demand, while investors awaited minutes from the U.S. Federal Reserve’s June meeting for clarity on monetary policy. Expecting a possible pullback on gold in the following next sessions. Recommended buying on the pullbacks around 1776-770
BTCUSD update BTC fell down and get all liquidity . and now it can go up for get SSL (sell side liquidity) at the top . let see what is happening :)
As we were expecting in our previous analysis, the US Dollar lost some momentum against the Canadian dollar and started to depreciate. For this week we expect the price to reach the resistance and drop until it reaches the liquidity pool highlighted on the chart. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is...
Looking at the CMP, see seek for the price to go lower and fill the void that was left by the buyers after the previous fast move up, once this is filled, we will be looking for buying opportunities below the area of liquidity. A good rejection and repricing will see us moving higher. Lets see how much liquidity will be poured into the markets as we watch the...
US Fed matched wide market forecasts of keeping the monetary policy intact but the quarterly economic projections were the key. The policymakers not only revised up the near-term GDP and inflation forecasts but also pumped the rate-hike expectations, mostly known as dot-plot. As per the latest update, US GDP may grow 7.0% in 2021 versus 6.5% previous whereas the...
Possible corrective move before Bearish trend continuation. DXY is not much stronger. Despite a significant increase in inflation, which exceeded 5%, at yesterday's meeting, the US Federal Reserve decided to leave the parameters of monetary policy unchanged, and, according to the comments, a revision of the volume of bond buybacks will become possible only...
U.S. Treasury yields were steady on Tuesday ahead of the conclusion of the Federal Reserves two-day meeting on Wednesday, which will be watched for any signals on when the U.S. central bank is likely to begin paring its massive bond purchase program. Benchmark 10-year yields were little changed on the day at 1.499%. They fell to a three-month low of 1.428% on...
It's good to sell on rallies around 28.00-10
The levels indicated in the chart above/below shows potential momentum levels. Liquidity pools can also be found here. The round figures close to these could be potential target levels.
For this month I am bearish on EU. I am anticipating an upwards move filling in the 4H liquidity voids and maybe take out the PMH and PWH to get enough liquidity to drop significantly all the way to the daily liquidity voids. Personally going into the month, I'll be looking for longs off the OB's with a Wyckoff distribution off of it. Then, when price reaches...
One of the possible variations of long outcomes for XAUUSD..:)