The Australian dollar was among the few exceptions on the day, rising 0.3% as data showed CPI inflation eased in November, but remained well above the Reserve Bank's 3% target of 2%. annual. Core inflation also remains high amid high food and service prices. The dollar index and dollar index futures were mildly mixed during the Asian session on Wednesday, after...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between support and resistance between two weighted levels for a test and break on either Goldturn to confirm the next level. We have resistance at 2051 for a immediate bullish target and 2036, as our bearish retracement target. We will see price...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between support and resistance between two weighted levels for a test and break on either Goldturn to confirm the next level. We have resistance at 2061 for a immediate bullish target and 2042, as our bearish target. We will see price range between...
Hey Everyone, Quick update on our daily chart idea, which is playing out and respecting the channel dynamics. As stated last week we were seeing price test the central zone of the channel, which we highlighted to show the flow of the historical challenges in the channel. We were expecting a likely bounce from this support zone inline with historical patters,...
#GBPAUD Prediction Hey team hope you all are enjoying our ideas and analysis of. Now we are here to discuss about GBPAUD. GBPAUD has completed the retesting period. Now this is at a strong resistance level. Here we can see good downtrend again. In this drop we can see gain upto 500Pips+. When market will open we will update further with Proper Chart TP and SL.
Hey Everyone, PIPTASTIC finish to the week with our chart idea playing out perfectly in true level to level fashion with setups giving plenty of time to prepare and get ready for the entries and exits. We started the week with ema5 lock below 2044 opening the retracement range, which was HIT with plenty of retests. Ema5 failed to lock below the retracement...
Hey Everyone, Please see update on our 1H chart idea. After hitting our Bullish target at 2047 earlier this week and then failing to cross and lock above confirming the rejection for the drop down into the retracement level. The retracement zone and 2020Goldturn both provided bounces inline with our plans to buy dips. We also stated that Ema5 cross and lock...
The Japanese yen is the worst among Asian currencies through 2024, extending its decline from the previous year as traders grow more confident that the Bank of Japan will delay policy changes were extremely moderate. Reconstruction and stimulus measures following the devastating earthquake in central Japan are expected to offset any notion of BOJ policy...
European Central Bank (ECB) board member François Villeroy de Galhaud has made it clear that the possibility of a rate cut by the ECB depends on whether inflation expectations are firmly anchored at target levels. Use the bank's 2%. In his recent statement, Villeroy emphasized the importance of a data-driven approach to policy-making and signaled a move away from ...
Hey Everyone, Quick update on our daily chart idea, which is playing out and respecting the channel dynamics. We are now seeing price test the central zone of the channel, which we have highlighted to show the flow of the historical challenges in the channel. This is a dynamic area of support that we need to observe for a potential bounce from here back to test...
Asian trading volumes on Monday were slightly affected by the Japanese holiday. The yen rose 0.1% after falling to nearly 145 yen to the dollar on Friday. The earthquake that hit central Japan also caused the Japanese currency to suffer its worst weekly decline since late 2022. Post-disaster economic stimulus and recovery measures could delay the Bank of...
Hello Traders, it been a while since we didn't share any of our analysis, the Forex Precision team and i needed some time to spend with our families and to rest to starts a wonderful year of trading full of objectives and positivity now we're back and to share this #XAUUSD Analysis on higher timeframe with the community! So we identify our trend bullish as we see...
Hey Everyone, Please see update on our 1H chart idea. Price hit our Bullish target at 2047 yesterday and then failed to cross and lock above confirming the rejection for us, which then played out into the retracement level and then 2020 Goldturn. Both the retracement level and 2020 Goldturn provided the bounce inline with our plans to buys dips playing out...
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Gold fell out of favor after rebounding slightly after Friday's NFP. This morning, the price briefly fell below $2,020, hitting its lowest level since December 18th. As a result, the precious metal remains in its previous range and is unlikely to gain popularity due to the recent rally in the dollar. But in the absence of a key US index until Thursday's release of...
An altcoin that started its growth exactly from January 1 and made 12x so far. The zone I'm looking at matches the trend, 0.381- 0.5 Fibonacci + high volume VAH + 200DMA. I expect a lot from this coin and will take it if it comes to this price, maybe even lower.
Hey Everyone, Great start to the week with our chart idea playing out as analysed. Both our 1H and 4h chart ideas provided the bounces from the Goldturns. As stated that we were looking for price to play between 2055 and 2044 and either weighted level will need a break and lock to confirm the next range level. We had the cross and lock below 2044 opening the...