NICKY-FX

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EUR/USD Looking for Shorts below the RED zone .

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The US Dollar seems to be trying to break the low , meanwhile the Gold is crawling up toward 2350 level where we should expect bears to show up.

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Fundamental------ Gold price seems to be looking up again after a week of profit lock mode, It seems like after reaching all the time high the price headed down with the conflict between Iran-Israel war as well as the uncertainty of reducing Fed rate due to higher economical data. On Thursday the Gross Domestic Product ( GDP ) came out 1.6% which less than...

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Nasdaq-100 dropped almost 2% that's a 6th straight loosing days as the NVIDA drooped 10% due to Shares of the AI chip leader got swept up in a broader AI sell-off after one analyst noted that Super Micro Computer failed to report preliminary revenue that indicates a doubt of its future result. Also Netflix (NFLX) dropped over -6% in pre-market trading despite...

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EUR/USD - US economic data came pretty much mixed . Look for buying opportunities . Entry - 1.0889 S/L - 1.0865 T/P 1 - 1.09725

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Fed march rate-cut hopes fading with the NFP data popped up way more higher than expected , on the top of that PMI data reached higher than expected putting icing on the cake US 10 year bond yield bounded back from 3.77 to 4.11% currently , I do expect DXY to move higher with another breakout .

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EUR/USD Outlook for the next week EUR/USD seems to have changed its direction to bearish. We can clearly see that the pair failed to cross above the 1.10 level. Fundamentally, the ECB seems to have kept a step up ahead of the FED, saying it is mostly likely to reduce borrowing costs in the summer, while the US economic data shows some strong momentum, dimming...

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AUD/USD AUD/USD keeps its bullshit momentum still on , I do identify two possible Long setups ! All the best !

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EUR/USD Outlook * CPI ( MOM) came higher than expected 0.1% . * US Jobless Claims and the NFP came up strongly. The ECB seems to have stopped its rate tightening as ECB has clearly highlighted that the Euro zone economy has been weaken. Note - Looking at ECB and FED , there is a high chance that the ECB will start its rate cutting way more earlier ...

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EUR/USD has tapped its extreme demand level before it headed up , Looking at the monthly time frame, It seems like the pair is ready to break higher.

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GBPUSD - Short Entry Entry - 1.2430 S/L - 1.2440 T/P - 1.2385

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( AUD/USD - Outlook ) RBA Rate - Hike from 4.10% to 4.35% Despite the rate hiking the AUD closed pretty much lower this week due the fact that Fed’s Chair Jerome Powell seems to have left the door open for one possible last rate hike again in order to get the US inflation to 2%. On the otherside the reason I think the FED will not think for another rate hike...

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EUR/USD Outlook ! Fundamentally, EUR/USD to maintain a consolidative mood in the next few days as the hawkish comments from the Federal Reserve pushed the USD higher. If US inflation comes in lower than expected next week, we might able to see the clear market direction, however Its unlikely to happen now as FED might need to do more to get the inflation to...

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Even though TSLA 'st recent earnings report was quite underwhelming. the price might come to 250 , as More than 9.4 million plug-in electric cars were sold during the first nine months of 2023, accounting for about 16 percent of the total car sales globally.

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AUD/USD Aussi inflation report has given high expectations of one more 25 bps interest rate hike from the RBA.

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EUR/USD climbed up giving me bullish confirmation onwards . Therefore look for longs at marked levels.

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EUR/AUD Risk side below, Australia's Unemployment Rate has come positive 3.6%. RBA is giving signals for another rate hike. Looking for Longs . ( In LTF with confirmations only ) Entry - 1.6670 / 1.6643 T/P 1 - 1.6900

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EUR/USD LTF possible entry setup ! Entry - 0.0511/0.0513 S/L- 0.0518 (Only with bearish confirmations )