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Daily Chart Analysis: A long-term bearish channel is evident. Additionally, a mid-term bullish channel is clearly visible. 1-Hour Chart Analysis: A short-term bullish channel has formed. Trading Strategy: Await a breakout above the zone to consider long positions. Alternatively, short trades could be initiated after a break below the weekly pivot at 1.07605 and...

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The gap between the bullish channel's top border and the current price, along with the fake breakout, indicates significant bearish momentum. If you entered a short position at the top of the channel, consider partially exiting now and holding the remainder until around 2318.17.

AliSignals Updated 

The next move for gold hinges on the unemployment news of Preliminary UoM Consumer Sentiment. Any breaks above or below 2320 or 2303 respectively indicate a continuation of the trend. Consider entering after a breakout or on reversals.

AliSignals

Two scenarios: If the composite index level based on surveyed consumers favors USD or remains normal, we'll follow the red path towards the bottom of the bullish channel. If any announcement exceeds 77, there's a possibility of breaking below the bottom of the channel. The dotted green path is in case of any surprise gains for the US dollar. In that scenario,...

AliSignals Updated 

We've observed a break in the bullish trend line and a response to the high time frame (HTF) zone, coinciding with the bearish long-term channel. A short-term bearish channel is clearly visible. First Entry: Wait for resistance around the weekly pivot. Only enter if the price shows no signs of rise for some candles. Second Entry: After breaking above 1.076,...

AliSignals Updated 

Previously, we witnessed a strong reaction around the selling zone. Consider a safe entry after a complete break of the short-term bullish channel and a drop below 1.0726. A slightly riskier entry point is around 1.0760.

AliSignals Updated 

Currently in a bearish channel with the short-term trend line recently broken. Consider two short entries: First entry: Short from 2325.40, a significant level in the chart. Second entry: Short from the zone comprising the weekly pivot, top of the channel, and a reversal point. Target price (TP) could be around 2287.00.

AliSignals Updated 

The 1-hour zones around 2320.0 and 2328.5 present potential reversal zones, while the 15-minute zones near 2300.0 and 2308.5 also offer reversal opportunities. However, given their proximity, it's advisable not to enter shorts at the top and longs at the bottom simultaneously. Instead, consider longing after the top level is breached and shorting after the bottom...

AliSignals Updated 

Consider a risky long position as we approach the top of a bearish channel, typically a prime spot to go short. However, there's potential for a long opportunity, albeit with reduced risk. Keep an eye on the 1.0730 level, as a break below could change the bearish outlook.

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Based on current news and pending level breakouts, it's essential to recognize the evident levels on both the 1-hour and 15-minute charts. Additionally, the daily chart indicates a significant level. Therefore, it's advisable not to initiate a long position until the levels on the 15-minute and 1-hour charts are breached. Also, it's prudent to wait for the...

AliSignals

A bearish channel is evident on the daily chart. There's a clear zone marked on the daily chart. Additionally, a short-term bullish channel is noticeable on the daily chart. Upon examining the 1-hour chart, we identify another broken zone, indicating a potential entry point for the trade

AliSignals

XAUUSD's movement hinges significantly on Unemployment news. In a bullish scenario, we'll consider longing above 2295. Conversely, in a bearish scenario, we'll opt for shorting to coincide with the bearish channel and Fibonacci levels.

AliSignals

Despite positive news for CHF, we view the pair as bullish as long as it remains above 0.90892. The daily chart reveals a clear short-term bullish channel. On the 4-hour chart, a strong zone is apparent. Exercise caution: Do not enter long positions until the LR + 2 * stdev line is broken. Avoid short positions until the level of 0.90892 is breached.

AliSignals

The potential for a bearish breakout exists, targeting around 1.06350. Monitor tomorrow's FOMC fund rate decision and speeches, as they could influence market direction. Consider entering on reversals for a favorable risk-to-reward ratio.

AliSignals Updated 

Traders, Here's a breakdown of the current situation: Daily Chart: Despite a bullish channel, recent candles show signs of weakness, warranting caution. 4-Hour Chart: The trendline has been breached, and a reversal to this broken level is underway, indicating a potential shift in momentum. Intraday: A pivotal point coincides with previous significant zones,...

AliSignals Updated 

The euro is susceptible to fluctuations in energy prices, while the Canadian dollar stands to gain from them. Any developments concerning the conflicts in the Middle East or Ukraine, as well as increased tensions in these regions, could potentially lead to a bearish sentiment for EUR/CAD. However, I believe that the market's reaction to previous events, such as...

AliSignals Updated 

Traders, Here's our analysis across different timeframes: Daily Chart: Strong bearish sentiment prevails, supported by a bearish channel formation, signaling potential long-term bearish trajectory. 4-Hour Chart: Consider the high of last week as a prime level for short positions. However, be prepared to switch to a bullish outlook if this level is...

AliSignals Updated 

Traders, Keep a close eye on the Revised UoM Consumer Sentiment release, as any bearish surprises could sway market sentiment, particularly favoring a stronger dollar. Adjust or remove orders accordingly based on the outcome. Here's a breakdown of our analysis: Daily Chart: We maintain a bullish outlook, having responded positively to the bottom of the...