Wave “4” traveled a greater distance than I had anticipated. At the moment I expect a small update of the 78.80 low and the beginning of the upward movement with the aim to reach the resistance area of 84.42. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hey there on 1htF the Gold has already touched our target in buy zone and now I will consider to sell area looking for again 2330 tp 2317 so we can now wait and see our next target
Geopolitical tensions withinside the global have now no longer ended and principal banks of nations are continuously shopping for gold for reserves Currently, gold costs are growing specially because of geopolitical tensions High US hobby charges over an extended time frame aren't an amazing signal for gold, pushing up the possibility price of making an...
The number of applications for unemployment benefits increased, but will the Fed "turn around" to reduce interest rates? Gold prices regained momentum on Thursday and rose more than 1% as US government bond yields fell, reducing the appeal of the USD. Weaker U.S. labor market data raises the possibility of the Fed cutting interest rates despite dealing with...
The Loonie (USD/CAD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.3647 1st Support: 1.3611 1st Resistance: 1.3717 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
EURJPY may retrace from a key daily horizontal resistance. The market looks quite overbought after quite an extended bullish movement. A cup & handle formation on an hourly time frame indicates a local strength of the sellers. I expect a retracement at least to 166.76 support. ❤️Please, support my work with like, thank you!❤️
The world gold price is currently trading around 2,310 USD/oz and is still in a short-term sideway phase. It's clear that the USD's recovery due to recent "hawkish" statements by Fed officials is creating certain resistance. According to TD Securities commodity strategist Daniel Ghali: "The market is currently 'waiting for a push' to break out, but the downward...
Dear colleagues, I assume that the upward movement in the senior wave “3” will continue, but after a small correction, presumably to the area of 50% Fibonacci level 5117.0 . Then I assume the continuation of the upward movement to the resistance area 5282.3. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, I believe that the impulse of the senior wave “1” is not yet over. I assume that the correction is now in priority, so 2 variants of events are possible: 1) formation of lower wave “4” and “5” (39863.75), then correction with the aim to reach the area of 38566.67; 2) The correction will start soon without a new high, but in this case we will have...
Gold price (XAU/USD) began to increase in price in the US session on May 9, rising to nearly 2,350 USD, after a number of major central banks decided to cut interest rates or signaled the possibility of strong cuts. more in the future. In addition, geopolitical risks along with increased demand from Asian central banks and investors also create momentum for gold....
EURAUD - Sell Stop - Bearish trend - Take Entry if price reaches B of AB-CD pattern
EUR/JPY Technical Analysis: - Current Pattern: Rising Wedge - Implication: Bearish (Potential Price Decline) - Expected Target: 0.382 Fibonacci Retracement Level
The USDNOK pair has formed a cyclical top on the 1D time-frame and is currently pulling back towards the 1D MA50 (blue trend-line). This level has been supporting since March 14 2024. If broken, we expect a a 2nd dip to the 1D MA200 (orange trend-line) as well and as it pierces through the (green) Ichimoku Cloud, stage a dead-cat-bounce back at its top and the 1D...
#EURUSD Hello everyone, finally the context has synchronized in the short direction across the daily and hourly timeframes. After the start of the London session, my nearest intraday target is the equal lows below. Ideally, before heading lower, clearing the equal highs formed above during the Asian session would be preferred. The scenario will be considered...
The NZDCHF pair delivered a strong buy signal following our last bullish call (February 29, see chart below) and after hitting the top of the Channel Up, it immediately pulled back to its bottom (Higher Lows trend-line): The price is already on former Resistance 1 but has some more room left to expand to upwards before pulling back again, as the minimum...
Hey there on 1htF the Gold has moved upside now we can see our buy zone from 2309-2307 So we can still have chance to go upside now
Hello Traders ! The NZDJPY Failed To Break The Support Level (90.806 - 90.516). The Price Broke The Last Lower High (ChoCh). So, I Predict a Bullish Move📈. -------------- TARGET: 93.250🎯
Dear Traders, DXY strong bull run continue to dominate all the USD pairs, and it will likely to dominate the market in future. Because recent significant economic data came out in favour of DXY with great margin. We personally also think that price is likely to rebound strongly from our entry zone. Price had accumulated for weeks in a pennant channel and broke...