Fundamental Backdrop 1. USD continues to face uncertainty and volatility due to the SVB crisis. 2. All eyes will be on the FOMC meeting and the Fed Fund Rate. 3. More dovish on the USD will lead to EURUSD heading higher. 4. Fed might be restricted to hike rates by 50bps due to the instability of the banking industry in the US. Technical Confluences 1. Price...
it is possible to catch this crazy moves guys lets trade easy it is all about knowing the right information look my other posts how it is easy to predict the market and enter early with out even waiting the breakout
hello traders hope those following me are on this trade it is doing what is suppose to do lets rise it down
Fundamental Backdrop 1. Market sentiments has shifted bearish for the USD 2. With the ongoing Silicon Valley Bank crisis, USD has been very volatile and there has been plenty of fear with the USD. 3. This sets the path for further bearish pressure on the USD. Technical Confluences 1. Extremely strong bullish pressure can be noticed on the GOLD chart. 2. Price...
Hi everyone, back with a pre CPI forecast. Today's CPI release will be wild and will be the determining factor to solidify the general direction and bias on the USD. There has been very bearish sentiments on the USD since last Friday after NFP's release. Fundamental context 1. Employments was good, well above the forecasted or what the market has been pricing...
hello traders this is more of an ascending triangle as a descending or simply a trendline breakout strategy can be a bit unique for some but it works guys if the concept behind is correct wait for session wait for candle close
Fundamental Backdrop 1. Employments was good, well above the forecasted or what the market has been pricing in. 3. However, average hourly earnings increased at a decreasing rate to 0.2% from 0.3%. 4. This shows the slowing down of the wage inflation , which is directly correlated with the inflation print and numbers, showing an important signal/sign that...
GBP - Weekly/Daily close will be key! GBPUSD - At a very key resistance, we have NFP today that will shift the market. We did have GDP m/m Bullish 0.3 Higher than expected. I think when it comes to GBP there are very bearish views when it comes to there fundamentals and there rate hikes but I don't think the situation as bad as it's considered. What does this...
Fundamental Backdrop 1. NFP print came out 311k vs 224k forecasted. 2. Average hourly earnings m/m printed 0.2% compared to 0.3% forecasted. 3. Unemployment rate came out at 3.6% vs 3.4% forecasted. 4. Resulted in heavy bearish USD sentiments due to the wage inflation decreasing and unemployment rate increasing. 5. This shows the effects of rate hikes by the Fed...
Fundamental Backdrop 1. NFP print came out 311k vs 224k forecasted. 2. Average hourly earnings m/m printed 0.2% compared to 0.3% forecasted. 3. Unemployment rate came out at 3.6% vs 3.4% forecasted. 4. Resulted in heavy bearish USD sentiments due to the wage inflation decreasing and unemployment rate increasing. 5. This shows the effects of rate hikes by the Fed...
We now wait for the NFP! Here we have the silver chart in-front of us! We are currently within the range of lows: 19.800 highs: 20.450, Pattern: Triangle/ Bear flag If we are to go above key resistance area and above 50EMA + TL resistance I expect first target to be 20.750 areas and then 200 EMA areas which is around next resistance zone of 21.400. However, we...
We all know the federal reserve are trying to fight inflation . Last nfp on febuary 3rd 2023 came out hot 517k , this is scary for the federal reserve as they were hiking interest rates at .25 now they are looking at a possible 50bs . If price close below 10927.0 on the weekly there is a high probability, we could CRASH . The daily timeframe is maintaining...
beautiful sell on Gbp/Jpy, Japanese Yen showed extreme strength during NFP . waiting for price to reach the order block before entering for the sell. with major news ahead I moved my stop loss to break in profit but price continued to my take profit successful end of the week...
The EUR/USD pair advanced on Friday as the dollar weakened across the board following February's nonfarm payroll report release. At the time of writing, the EUR/USD pair is trading above its opening price at 1.0655, up 0.73%on the day, having reached a three-week high of 1.0700 in the aftermath of the report. After bouncing two-month lows earlier this week, the...
This is trade idea for AUD Swing Trade -Sell in Fib Golden Ratio Area or H1 OB-, you can choose one according to the confirmation that will occur. -Hawkish of Powell Speech (FED) pushes AUD to drop further to find Demand area for buy. -Risk Reward 1:4
Look where price was delivered to. If we hold beneath this area we might see further downside movement on Nasdaq. Otherwise if the bullishness continuous above that level we will see higher prices in to premium.
As we approach the upcoming non-farm payroll (NFP) report this Friday, there is a setup on the NASDAQ that's worth noting. However, I won't be taking any trades at the moment due to the potential impact of the NFP report on the market. Nonetheless, I'll still provide some technical insights to keep you informed. It's worth keeping in mind that if the NFP beats...
10th March DXY range between 105.10 and 105.35 NZDUSD: Sell 0.6080 SL 30 TP 90 (good news) AUDUSD: Counter trend up, 0.6640, SL 30, TP 60 (bad news) USDJPY: no trade GBPUSD: Buy after retrace 1.1940 SL: 30 TP 90 (bad news) EURUSD: Both upside and downside potential USDCHF: could go down, but not good RR USDCAD: stay away GOLD: climb to 1847 SL 1828...