Akfx369

Akfx369

The pound against the Dollar faced a bearish momentum last week, a price zone of 1.24 again proved a strong resistance for this pair and sent down the price s from 1.24 to 1.20 last week, Here is also the same reason we are seeing the weekend Pound and strong dollar behind the last week's sellers The day chart displays a breakout trade during the last week out...

Akfx369

EURUSD bulls tried to go past the 1.10 price mark last week, but it faced strong resistance in the new high at 1.10 , then it closed the week at the price of 1.079 due to the strength gained by the US Dollar because of the FOMC and NFP new reports last week, and if you look at the picture, It was clearly a breakout trade of a rising wedge pattern in a weekly...

Akfx369

Gold against the Dollar pair had a good bullish run in January 2023, price action displayed a majestic bull run all the way from 1800 to the 1950 price mark, but 1950 behaves as a supply zone and it starts to push the price downwards currently price may look to retouch a demand zone waiting down , but last week closing price 1865 behaving as a considerable support...

02:04

Akfx369

XAUUSD /Gold against Dollar, Midweek analysis Gold is regaining ground on bids above $1,700 as investors prepare for the release of the US Consumer Price Index (CPI) data on Thursday. A typical sense of calm prevails ahead of the release of American top-tier data, which is expected to have a significant market impact. According to the Weekly chart we can...

01:24

Akfx369

Dear traders Here i am sharing my view of USDCAD pair Monthly chart suggest it has got a strong resisitance at 1.40 price zone, and the october month candle clearly indicates a revesrsal , Weekly outlook have seen a new low after 5 weeks in USDCAD pair, 1.34 price zone is prone to break now, if this zone get broken then 1.30 price zone become vulnerable We can...

01:05

Akfx369

Hi traders, I am very much excited to share my analysis of the EURUSD pair on the first week of November, I made this analysis after the FOMC meeting on 03 rd November 2022, EURO against the Dollar pair touches the 5 Weeks high on 27 th October at the closest price level of 1.1000, The bearish outlook continues right from the month’s end and it continues...

Akfx369

Gold against the Dollar have been sideways since September I st, 2022 , traded between 1700 to 1726 for almost a month for almost half of the month, Stronger CPI data on Tuesday affect the gold market by making the Dollar strong, Bearish momentum has supported by Inverted Cup and handles pattern , Market sentiment on Gold also mostly bearish, it can be understood...

Akfx369

Dollar weakens and Euro strength are giving boost for Gold to move upwards near 1760 , it might retrace the 1720 zone before moving up, it could happen in the coming week,

Akfx369

Fed speech last Friday made USD strengthen and DXY technically looks upwards till 110 zones which let other Major pairs will face effects, that too GBPUSD looks bearish till 1.15 zone, Expect a bounce back from the low there, Cant neglect the fact of NFP reports on Sep 2, Friday

Akfx369

Expected the Weakening CHF could help the pair to higher in the coming session , meanwhile 0.59500 price zone was the previous resistance which has a chance of becoming a Support , Expected price will trend higher in the coming days in the rest of the Week

Akfx369

Gold against Dollar have been in a bearish trend way from Aug 15th, 2022 from the price of 1800 and last week its continues the downward trend and breaks the 1750 zone of concern , 1750 is the zone of PUSHING DOWN, whenever the price breaks 1750 , it never missed to touch the support zone of 1683, this zone tested multiple times This week , price may test the...

Akfx369

GBPUSD analysis, it could be expect to touch the 61.8 zone

Akfx369

Gold against dollar looks to go up after a Inverse H&S pattern , if it completes reaches the necklines , it could be confirmation to go up Analysis only for education purpose

Akfx369

It has got a strong support zone on 1866 , it may spend some time before going up wildly as price action suggest, else if it goes down on before US session, price will go down till 1856 max, and after news release in the US session price expected to go up atleast 1904, all the above analysis by technical analysis , if the price broken at 1853 , it will shows...

Akfx369

XAUUSD 3 hr chart Bulls looks mighty enough to bring up the price 1865 , from there it may fall to an extent because of today News release of 'ADP Non farm'

Akfx369

Price on 1840 or even 1835 could be strong support zone for Gold against Dollar this week, May month has dominated by bears through out and June month begins may bring bulls to the scene to bring the price higher around 1900 this week, technical analysis suggest the same Analysis only for education purpose

Akfx369

Breakout of long term resistance channel is not look very promising , it could be fake break out to look down towards 1840 zone Use this analysis for education purpose, trade wisely

Akfx369

XAUUSD , shows strength at the end of the week to touch at 1850 zone, if it maintains the strength on Monday , could penetrate 1850 to go further up , IF 1850 resist then price may go down to 1820 to gain the momentum back to go higher, Analysis only for education purpose