Hello traders. USDJPY is forming wave ABC with the expectation of rising above wave 5 to form a new wave. Our BUY signal is formed at 148.700 with SL Zone 148.300. Wish you successful trading.
Fundamental Analysis Gold prices eased from a three-day high and traded around $2,640 in early European trade on Friday, still up more than 0.40% on the day. A rise in US weekly jobless claims pointed to signs of weakness in the labour market and will allow the Federal Reserve (Fed) to cut interest rates further. This, in turn, triggered a slight decline in US...
Fundamental Analysis Gold prices attracted some buyers on Thursday and now appear to have snapped a six-day losing streak to a near three-week low around the $2,605-2,604 region tested the previous day. However, the rally lacked bullish conviction and is likely to run out of steam amid growing bets that the Federal Reserve (Fed) will cut its benchmark interest...
BINANCE:SOLUSDT COINBASE:SOLUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP:...
The USD has shown a strong and positive response to today's economic news, signaling potential for further gains. After a temporary pullback yesterday, the Dollar is now demonstrating resilience, looking ready to recover and continue its bullish movement. This performance aligns well with our previous market analysis, where we anticipated a potential surge in the...
AVAX appears to be trading within a very elongated channel, which could represent either an impulse wave (up to Wave 4 in this case) or, more likely, a WXZ or WXYXZ corrective structure. The absence of a strong upward lunge or decisive break above the upper green trendline supports the idea that AVAX is stuck in this corrective phase. Until a clear breakout...
Hello traders. 2605-2623 becomes the first border zone of the port. These are two important session port zones. When the price comes, we can trade and consider exiting the order before CPI. Besides, the price zone 15-17 is also paying attention to scalping. Wish everyone a successful transaction.
Fundamental Analysis Gold prices fell sharply on Tuesday following a strong US jobs report and news reports that Hezbollah backed calls for a ceasefire in the conflict between it and Israel. As a result, hints of a possible de-escalation of the Middle East conflict opened the door for traders to take profits. XAU/USD traded at $2,615, down more than 1%. This...
BINANCE:FLMUSDT OKX:FLMUSDT SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 0.0523 0.0531 0.0540 0.0550 🔴SL: 0.048 🧐The Alternate scenario: If the price stabilizes below the trigger zone, the setup will be cancelled.
Price looks like it's heading towards Tuesday's Low. We don't have any major news today so I'm not expecting huge movement but, from what price has shown me, it looks like the next draw on liquidity is Tuesday's low. After price entered and respected the Weekly Imbalance, it displaced lower with energy and retraced back to the 4-hour order block that was...
EUR/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If tight 5 min continuation follows, reduced risk entry on the break of it. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/NZD Short Minimum entry requirements: • 4H risk...
Hello traders Scalping SELL GOLD at current price with trendline resistance and session port. TP expects to return to price zone in 2640. Gold has bounced strongly from 2634 and gold needs some correction to continue to increase. Wish you successful trading
More Giant Bubble" Creation vs. Downtrend Bubble Burst: What Comes Next? As the Federal Reserve (Fed) begins its rate-cutting cycle, the stock market and gold prices are hitting record highs, fueling growing investor confidence in a soft landing for the U.S. economy. However, it’s important to remain cautious. The market may appear to be creating a "bigger...
On this pair, we find that on the weekly timeframe, the market is Bullish. Price even went all the way up towards our liquidity target but failed to close above it. We are currently witnessing another pullback. On the Daily, price is bullish. We have seen prices currently retrace into the daily zone. But there is a lot of speculation as to whether or not this our...
Fundamental Analysis Gold (XAU/USD) traded negative for the fourth consecutive day on Monday, despite no follow-through selling, remaining confined within a familiar range that has held for the past week or so amid mixed fundamental signals. Friday’s upbeat US jobs report dashed market expectations for more aggressive easing by the Federal Reserve, helping the US...
🌐Fundamental Analysis Fundamental Analysis EUR/USD fell below the psychological support level of 1.1000 in New York trading on Friday. The major currency weakened as an upbeat US (US) Non-Farm Payrolls (NFP) report for September underpinned the US dollar (USD). The US Dollar Index (DXY), which tracks the greenback against six major currencies, surged above...
💎 Middle East situation: If a military conflict occurs, it is likely that Russia and China will intervene, because they have declared their side to protect Iran. This could push gold prices up sharply due to safe haven demand. 📈 Technically, after yesterday's breakout session, gold's upward momentum has returned, so the main trend of gold price in the near...
Looks like Nifty might hold these levels else major supports are marked if broken we will be in a short term down trend