as you can see on the chart, we set the strongest levels (2 long and 2 short levels) we wait for 144.150 area to enter a short scalp trade and if price go higher we sell this pair on 145.320 levels as a strong resistance + order block area. and we have 2 levels to enter long position. We consider 139.8 area to enter a buy scalp and 138 levels for a long buy...
This pairs is in long-term short trend. good idea to short at 1.6639 levels to lower area or wait and buy this pair at 1.6275 area to the ventral of the short channel 1.646 area
After the huge correction on this pairs, base on the RISK-OFF tones and china Covid lock-downs, Now its a good area with good risk/reward ratio.
Weekly gold analysis 📌 Key points and overview: Technical view, can range between 1730$ and 1764$ Any lower than expectations can be a helping hand for gold to rise, and any US data more than expected can be a downward pressure for downside gold. 📝 Fundamental Analysis: After the sharp rise of gold, last week we saw the correction of gold in the range of 1730...
Weekly gold analysis 📌 Key points and overview: We can think about it to buy at lower prices with the lowest risk. Disappointing home and building sales data could bolster expectations that the Federal Reserve will slow its rate of contraction. End-of-week flows could change the sentiment and play an important role in keeping gold on the sidelines ahead of next...
Weekly gold analysis 📝 Analysis: Gold in the past week! In the past week, gold has stopped following an uptrend as the 10-year U.S. Treasury bond, which rose nearly 1% in the last few days of the week, forced gold to pull back. Another reason for the decline in gold can be attributed to the rebound correction of the dollar index last weekend. But in...
Gold in the past week! The news of the Wall Street Journal and the possible intervention of the yen at the end of the week caused great fluctuations in the market and caused the gold market to turn green. The market is looking for clues about these fluctuations to make sure, it has the power to join these fluctuations or the news. The Wall Street Journal reported...
📝 Weekly gold Gold is trying to go down to $1620 area because of U.S inflation and last CPI print Over the past few months, any increasing sign in US inflation has caused gold to fall because it forces the Federal Reserve to raise interest rates. The Federal Reserve will increase the interest rate with the increase in inflation, but on the other hand, the only...
Considering the economic problems and the o purchase of BOE, as well as the increase in the interest rates of FED, we predict a lower level for this currency pair.
Traders will keep eyes on global bond markets for next week because if the Bank of England's strange policies continue, it could help gold to rise while the Bank of Japan, which is concerned about high prices in USDJPY, should intervene in the forex market. In addition to buying yen, they can sell US bonds in the markets and witness fluctuations in bond yields. ...
Fundamental bias for this pair is Bearish, because of Strong USD in sake of hawkish monitory policy and neutral bias for AUS because of decrease in China's economic growth and the problems of Corona in China, which caused problems in the supply chain Daily trend is sell AUD 10Y bond yield: 3.976 U.S. 10Y: 3.697 Most of Retail traders are in long position so...
JPY has weakest monitory policy in the FX countries. JPY has nothing to grow and AUD takes a good retracement on it's Long-term trend So it seam be a good opportunity to take long on 92 area
If the monetary expansion of the Bank of Japan continues, which will be determined in the next meeting of the central bank, on Thursday this week, there is a possibility of a rapid rise for the USDJPY currency pair more than now. The Treasury's resolve may be tested, and if the Treasury fails to do so, USDJPY could quickly reach the 150 area.
📝 Weekly gold From the beginning of 2022 to this moment, It was the best for the US dollar. In the last 9 months, this global reserve currency has taken full advantage of the increase in interest rates, risk-averse flows, and the lack of a suitable alternative during the recession. In last Powell speak, he said, would do whatever it takes to control inflation,...
The EURUSD currency pair follows the parity rate of one at the ECB meeting. EURUSD has bounced back from a good low level since the beginning of the week, which is due to the news of increased interest rates. But the point is that the expectations from the European Central Bank have increased and this issue provides more downward space for EURUSD movements. The...
Energy prices are rising and it helps Canada to be valued higher On the other hand, there is a risk that many sellers are waiting to hear the news of the nuclear agreement with Iran Short position in higher value of USDCAD it can be a good idea sellers are waiting on supply area for this pair is 1.32941 to 1.3399 area
The easing of Chinese quarantines will greatly help the currency pairs of Australia and New Zealand. Therefore, the appropriate risk to enter the purchase, also from the technical point of view close to the price support, makes the purchase position stronger
GBPUSD is undervalue right now. Price is near the 1.145 the strong support level from Mars 8 2020 FED hawkish policy forced on GPB but the DXY over-bought level and this cheap level for GBP makes a good risk reward ratio to make some risk to trade against the pair fundamental bias. Take your buy around 1.13430 and use at least 1/2 risk reward good luck