Last week, NZDCAD corrected to a key daily horizontal structure support. This morning, we see clear sign of strength of the buyers - a bullish breakout of a narrow horizontal range on an hourly time frame. It looks like the pair returns to a global bullish trend and a correction is over. Goals: 0.8435 / 0.845 ❤️Please, support my work with like, thank you!❤️
Hello,Friends! We are now examining the AUD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 103.563 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/USD pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.276 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is...
Hello,Friends! SILVER pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 31.799...
GBPNZD may drop from a key daily resistance. The pair is trading in a long-term bearish trend and an intraday price action on an hourly time frame leave clear bearish clues. I anticipate a retracement at least to 1.077 ❤️Please, support my work with like, thank you!❤️
In his very last feedback earlier than the week of again-to-again Fed officers talking in advance of today`s meeting, Powell stated he predicted inflation to fall again on a month-to-month foundation to decrease ranges visible withinside the 2nd 1/2 of of the year. It's a first rate shift in messaging, in step with Ellen Zentner, leader US economist at Morgan...
Hey there on 1hTF the Gold has looking for move upside going Continue upside above 2300 or go upside 2320 So will looks like it's high pressure to downside 2276
Hello traders; FXOPEN:XAUUSD I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck
The Japanese yen was flat on Friday after the Japanese finance ministry announced Japan's foreign exchange reserves. Japan's Ministry of Finance announced that he will take action on excessive JPY exchange rate volatility when necessary and will evaluate the effectiveness of the intervention. He emphasized the importance of maintaining market confidence in the...
💥Gold is trading around 2336. Gold prices managed to hold above multi-week lows touched on Monday. The Fed's interest rate cut bet will limit the USD's recovery efforts and support the metal. Traders are now eyeing the US ADP report and ISM Services PMI for fresh impetus. 💥The market is currently waiting for the US jobs report for May, which will be released this...
📌GBP/USD drops below 1.2720 after encouragement from Nonfarm data. GBP/USD continues its downtrend and trades deep below the key support zone of 1,275. The US dollar outperformed its rivals following impressive labor market data in May, forcing the pair into sharp declines. 📌Next week's markets are in focus on Tuesday with the Change in Claimants, and the UK...
📌EUR/USD plummets to weekly lows near 1.0800 following US jobs data. EUR/USD is under heavy pressure and trades at a one-week low near 1.0800. The US dollar continued to gain strength following upbeat jobs data, which showed Nonfarm Payrolls increased by 272,000 in May and put pressure on the pair. 📌Markets are focused on the European Parliament Elections, today....
World gold price recovered slightly by 0.13% and is trading around 2,296 USD/ounce after a sharp decline of 3.45% last week. Gold's uptrend has weakened as the RSI on the daily chart is below the 50 level, moreover, XAU/USD is trading below the short-term SMA lines, reinforcing gold's downtrend. The Fed's latest interest rate decision and the May consumer price...
Last week turned into additionally the 1/3 consecutive week of decline in gold charges. This week the marketplace is inquisitive about a few exquisite records consisting of the purchaser charge index (CPI) in May, bulletins on economic coverage of americaA Federal Reserve (Fed), and information on unemployment benefits. American enterprise and the economic...
Last week was also the third consecutive week of decline in gold prices. This week the market is interested in some notable information such as the consumer price index (CPI) in May, announcements on monetary policy of the US Federal Reserve (Fed), and data on unemployment benefits. American industry and the monetary policy of the Bank of Japan. said gold prices...
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USDCAD Next Sell opportunity 1.3783 - 1.3762 Target will be 1.3717 1.3649 Wait for confirmation.................... SL ( Set a uniform set of 15$ ) only for your reference and you can set it according to your free margin. Recommend stop 1.3849
USDJPY already rejected from resistance area and ready for the retest 154.99 level. if unfortunately broke current support open buy order with 157.81 level target