MHMarkets

MHMarkets

Expecting price bullish momentum till previous SIBI of 14 Nov 2023 Premium Price Level . . .

MHMarkets Updated 

Gold Price starts to rally back up again after easing price pressures (inflation) in U.S Economy Expecting price action to continue bullish trending momentum till the level between 2000 - 2010 if the price break through previous SIBI of 07 Nov and 06 Nov 2023

MHMarkets

Current Development on Inflation Data induce more selling on Green Bucks , facing downturn. Inflation Rate got soft reduction from 3.7% to 3.2% which causing some crashes in DXY Seeing signs of slowdown in U.S Economy , Fed starts to feel comfortable with receding inflation Hoping no more Fed Rate Hike till end of the year 2023 From Technical Perspective ,...

MHMarkets Updated 

The king dollar has been weakened, as signals from the Fed appear to be less-than-hawkish, which was cemented when a weaker-than-expected US jobs report implied that policy is having the desired effects. This week, the primary focus will be on the rhetoric of Fed speeches. If Fed members mention the possibility of hikes, we could see treasury yields increase...

MHMarkets Updated 

Bank of Japan (BoJ) Governor Kazuo Ueda speech summary on Monday (06.11.2023) - Need to have more conviction that wages will keep rising , rising wages lead to service prices and the economy remains strong, to ponder exit from easy policy - There will always be new information coming in , so at any meeting there is a chance of making a certain decision - BoJ...

MHMarkets Updated 

Expecting price action to continue bullish till previous Rejection Block's Mean Threshold level which is around 151.000 , must aware of liquidity injection from BOJ which tend to have bearish spike / rejection wicks , U/J price action tends to have tricky momentum due to current macro economic conditions . . Be Safe and Good Luck to all traders . . .

MHMarkets

Expecting price action to continue bullish momentum till 107.500 level if the current VIB of 13 Oct 2023 got respected with candle body closed within or above , Please beware of this week FED Interest Rate Decision and Non-Farm Payroll . . . Be Safe and Good Luck to All Traders . .

MHMarkets Updated 

Expecting price action to continue bullish till 107.500 level with some bear retrace within previous week Thursday (12 Oct 2023) BISI which expected to get respected , totally aware of IPDAs in Premium but there's still no confirmation on Bearish Reversal yet . . Be Safe and Good Luck to all Traders . . .

MHMarkets

Expecting GOLD to continue bullish till the level of 2000 if current price action respected clean at current BISI of 19 Oct 2023 and INV SIBI of 18 July 2023 , must aware of US GDP on Thursday this week and FED Powell Speech which he'll be delivering the opening remarks at the Moynihan Lecture in Social Science and Public Policy, in Washington DC and expect...

MHMarkets Updated 

Expecting price action to take out the previous Daily Intermediate Term High of 12 Oct 2023 if the price action respected as support on current inversion SIBI of 12 Oct 2023 . . Be Safe and Good Luck to All Traders . . . Monday 23 Oct 2023 (Eurozone Economic Data) The Eurozone consumer confidence flash, released by the European Commission, provides an initial...

MHMarkets

Expecting price action to continue bearish till 0.62800 if the price action got respected within previous SIBI of 12 Oct 2023 and VIB of 09 Oct 2023 . . Be Safe and Good Luck to all Traders . . .

MHMarkets

Expecting price action to continue bearish further below till 78.00 level if the current price action got respect at this previous SIBI of Oct 04 2023 , Be Safe and Good Luck to all Traders . .

MHMarkets Updated 

Expecting price action continue bearish further below till 0.62 level with some retrace candles , previous week Friday Candle closed with clean rejection at the 50% level Rejection Block of 20 Sep 2023 which showing a sign of weak bullish momentum and Today RBA Interest Rate remains unchanged at 4.1% which AUD will be going to get more pressure by the...

MHMarkets

Price Action evolved back into Bearish Order Flow Momentum with SIBI of 04 Oct 2023 which get rebalanced by the wick of 06 Oct 2023 Bear Candle and previous BISI of Oct 02 2023 fail to get respected , there's high probability chances of bearish retrace momentum till 105.600 & below . . Must aware of this week U.S CPI Inflation Data . . Be Safe and Good Luck to...

MHMarkets Updated 

Expecting price action to continue bullish momentum till 109.000 level with some retrace candle , previous week Friday candle closed with respecting the Monday 25 Sep 2023 BISI as clean rejection which showing a sign of clean bullish momentum is going to continue further more . . . . Always aware of DXY Correlation Impact with other currencies and commodities ....

MHMarkets Updated 

Current Price Action have been delivered to the buyside and expecting short term bearish retrace momentum to the previous BISI of Wednesday (20 Sep 2023) , still have bias on long term bullish continuation momentum . . Be Safe and Good Luck to all Traders . . .

MHMarkets Updated 

Expecting price action to continue bearish further below till 1885 level if the price respected at current BPR of previous 29 Aug 2023 & 05 Sep 2023 range . . Be Safe and Good Luck to all Traders . . .

MHMarkets Updated 

Still expecting bullish continuation till 106.00 level which is around Long Term High (Buyside Liquidity) of 08 Mar 2023 with some potential bearish retrace candles around the level of 105.000 by redelivering or rebalancing the previous BISI of 14 Sep 2023 . . Please beware of this week FOMC Press Conference and Interest Rate Decision . . . .