Same Idea has EURUSD, but the daily fair value gap is more close.
OANDA:XAUUSD MARKET ANALYSIS AND COMMENTARY - WEEK 50 - 2023 (December 11 - December 15] This week, international gold prices soared to 2,144$ in the first session of the week, but then gradually decreased to 1,994$ and closed the week at 2.004$ International gold prices increased sharply earlier this week because the market expected the FED to cut interest...
Support and resistance shows a clear chance of bullish movement coming up for the upcoming week. I will be on the watch out for long positions! What do you think?
GBPCAD is at extreme supply zone, took out 1.72465 and liquidate 1.70845 i expect GBPCAD to drop on 1.70092 - 1.69562 demand zone
The liquidity taking at 1.08551 having a daily momentum candles creates the potential supply zone after rejecting from the weekly daily supply zone thus price might respect the zone to a target 1.08121 or 1.07596 - 1.06534 Demand zone.
Looking at the current structure it makes sense to look for sells in this market as it is at the peak of the mountain 🏆...this is my immediate response to the current market condition however I'm open to anything that could possibly happen..in the meantime I'm bearish unless my resistance can be violated then I'll consider looking for further buys to create a new high💯✈️✈️
The US Dollar maintained its positive tone throughout the first half of the day but changed course after the American opening. As a result, XAU/USD bounced from a fresh weekly low of $1,944.71 to trade above the $1,960 mark. Financial markets maintain cautious optimism amid hopes central banks are done with monetary tightening, despite policymakers insisting on...
The largest and most prosperous cement company of India- Ultratech Cement is expected to have more upside of 30-40% from current levels as the weekly wave counts suggest. To put it in very simple words without using too much of Elliot wave jargon, the next leg up is unfolding now which can be projected going somewhere closer to 9200.(the current wave structure...
Look at my Weekly analysis. Last weekly closed and traped buyers trader (for me) 8.10.2023 On Monday maybe a little bit up (Look at my lower analysis) and next will be running down. Structures On Daily, H4 is pretty Down
This is the Weekly BIAS for this week on CME_MINI:ESZ2023 Price closed below the previous week’s low (PWL). **→ Price is likely going to close below last week’s low.** Where is price headed? We know that price is drawn to 1 of 2 things: -Buy/Sell Stops (old highs or lows) -Imbalances (FVGs) **There are some old Weekly lows below, so we know that...
BTC is forming pattern head and shoulder , chart is vail until price break the resistance price .. #DisclaimerON
anticipating a rise into the supply zone or around 1858.34 level before selling down, i am expecting GOLD to hit the target 1828.19 or or goes dip below 1805.34 demand zone
GBPUSD hits demand with pin rejection after taking liquidity at 1.21917 i am expecting a short-term buy considering the daily engulfing candle below to a target 1.22350 zone
Weekly Review Nifty 50 declined by 0.18% last week to close at 19,638. The major meltdown was seen on last Thursday (weekly expiry) where the index lost close to 200 points where it touched its key support around 19,495 as per our expectations too. While broadly market is now showing mixed sentiments and is largely looking to be a stock specific trading only. ...
Week Ahead: On Daily charts, the index has lost all its momentum even though the fall has slown down but it has left huge runaway gaps between daily candles. Ideally such situation woul need to trade within crucial candles range and be mindfull of taking trades when Index trades near the gaps, as the saying goes, most of the time index always closes on gaps....
Hi Traders! Forex Weekly Recap for 18–22 September, 2023: Fundamentals The Reserve Bank of Australia (RBA) released the Meeting Minutes of its September meeting. Key notes were: They considered raising rates by 25 basis points or holding rates at the September meeting. The economy still appears to be on a narrow path by which inflation returns to target and...
Hi Traders! Forex Weekly Recap for 11–15 September, 2023: Fundamentals Bank of Japan's (BoJ) Governor Ueda stated that his focus is on a "quiet exit" to avoid significant impacts on the market. Other key mentions from him were: They could have enough data by year's end to determine whether they can end negative rates. The BOJ will patiently maintain an...
On this EW weekly count, it seems that we are in the buy zone. The 1-2, and 3-4 legs respect the EW rules and they hit the targets accordingly. The fib levels also confirm this scenario. This is a long-term play but the good part is that the longer the time interval the higher the probability of working out and of course the higher the payout.