Preferred direction: SELL Comment: The British currency completely duplicates the situation with the EURUSD currency pair. Here, we also continue to stick to sales. The main target according to our previous trading ideas is the level of 1.25000 . Technically, and according to volume analysis, we have both an entry point and a resource in the form of...
Preferred direction: SELL Comment: The situation with the euro has not changed since our last review. Protracted accumulation continues at the level of 1.09000 . However, we continue to follow sell-priority. According to our later analysis (scenario #1 and #2) we expect a fall to 1.08000 . Also, in the longer term, we can consider a fall to 1.07000. On...
Preferred direction: SELL Comment: In the very near future, the New Zealand dollar is also expected to fall to 0.60144 , which we also wrote in the previous trading idea for this pair. More medium-term prospects look long, but for this, as we wrote, it is necessary to wait for a short-term fall. The resistance level of 0.61263 is unlikely to be overcome,...
Preferred direction: SELL Comment: Today, a number of important data are expected to be published. We will be especially interested in data from the USA , which is the most sensitive for the market. We continue to consider the AUDUSD currency pair for sale from the level of 0.65848 . According to the main scenario, sales are already active. The second...
XAU/USD -XAU/USD is givinig us nice berish structure -price have lq pool above s/d -If the supply will be respected don't enter without confirmation
Hello everyone, gold has experienced a sharp decline since yesterday evening and has entered a consolidation phase with seemingly no change in price for over half a day. The precious metal is trading around $2017 USD and continues to remain stable at this price level. The price still leans towards a short-term downward outlook due to the reversal signal from the...
Gold's recovery near $2,030 persists as the US Dollar adopts a sideways trend. Despite a less convincing pullback in Gold, traders have tempered expectations for a Fed rate cut in March. While the precious metal has rebounded significantly amid escalating Middle East conflicts, the short-term outlook remains cautious due to limited upside potential, influenced by...
Gold could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 2035.62 which is a pullback resistance that aligns with the 61.8% Fibonacci projection level. Stop loss is at 2056.53 which is a level that sits above the swing-high resistance. Take profit is at 2002.19 which is an overlap support level. High...
Dear friends, the price of gold remains unchanged compared to yesterday's trading session, mainly fluctuating within a consolidated range. At the time of writing, the price is hovering around $2022, experiencing a 0.12% increase during the day. Meanwhile, the stock market has surged while government bond yields continue to decline, providing short-term support...
Japan is going through a consolidation phase against the US dollar, amidst mixed fundamental signals. The softer tone of the Tokyo Core CPI, coupled with a positive risk sentiment, is weakening the Japanese Yen (JPY). Despite subdued price action in the USD, momentum is lacking ahead of US PCE data. The USD/JPY pair has trimmed some of its intraday gains, hovering...
#CADCHF UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #CADCHF. CADCHF is going to retest the major resistance zone according to the 4hr time frame, Whiich is a bearish biased and we can find a short trade. This will be the short term trade with quick profit with in a day. Our target...
A sharp interest rate cut by the Federal Reserve will have a negative impact on the US dollar, and even a moderate loosening policy can cause the US dollar to decline. If economic activity and inflation are lower than expected, the Federal Reserve could reduce interest rates. A strong USD is unlikely to return, and gold prices may continue to fluctuate amid clues...
Hi friend ! For GOLD, price has not made any clear trend. Let's monitor price action at those level. Do not rust to entry. Happy trading OANDA:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD
During the January 25 session, world gold prices dropped to $2,014 after the fourth quarter US GDP report was higher than expected, showing that the world's largest economy is still operating stably. In case the price rises, the bulls need to scale the resistance at $2,025 and then $2,039 to move towards the current price target of $2,050. On the contrary, the...
ANALYSIS TODAY: The decline has slowed down and the gold price has recovered slightly in the past session. This move has not brought any significant change, so we continue to keep the old comments, expecting the price to continue to go down. According to the short-term downtrend, the targets are still 2000 and 1980 respectively. Indicator is used: - Chandelier...
Gold This morning has Recovery Rate again to the 202x area. With the fashion in H4 and D1 as I see it, at this charge Gold can nonetheless fall further. I nonetheless count on that there might be a deep decline in Gold to the 19xx area. >Today`s model of the complete residence on the market across the area, priced 2022>2024 >SL 2026 TP2014>2000 Please plan this...
Looking for gold to take out yesterday's highs in the form a liquidity pull then drop, finally gathering enough buy orders to run to the upside. Marking are on the chart. I will be popping in and out during sessions today, mostly looking to enter at POIs and holding for projected leg.
The USD and Gold futures fell as investors waited for two important economic reports USD and gold both fell today as investors waited for two important economic reports later this week. Tomorrow the US Q4 GDP report will be released and will be followed by the PCE report for December on Friday. On Thursday, the Commerce Department will release its initial GDP...