Hey Everyone,
I don't to really have to say anything as the chart is doing all the talking!!!
Our chart idea has played out perfectly with only our last target in the range to complete 2408, which was hit perfectly today completing this chart idea.
Our targets gave us plenty of chances to get in for the entries form every dip using our weighted levels, as part...
The price has recently reached a strong resistance zone, noting previous sell-offs in that area. It appears that we may see more sideways movement
EURJPY is near the resistance, where price dropped before.
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK!...
Hey Everyone,
Please see our updated 1H chart we have been tracking since Sunday with only the retracement range Goldturn updated with current data.
Our chart idea has played out perfectly inline with our plans to buy dips with the move up from the retracement range all the way into hitting all our Bullish targets we highlighted on Sunday.
2408 is our final...
Japanese authorities may have intervened twice in recent weeks to support the yen as it hit its lowest level in decades against the dollar, and they may have used reserves cash to do it.
BofA said a drop in demand for U.S. Treasury bonds could push up interest rates slightly and narrow spreads on the secured overnight lending rate (SOFR), a reference rate tied...
The dollar slid to a multi-month low on Thursday after U.S. core inflation hit a three-year low and retail sales were flat, raising expectations of lower interest rates in the economy. largest economy in the world.
The DXY index recorded its biggest decline of the year, falling 0.75% and penetrating below the MA 200 line. DXY is currently trading around its 5-week...
#VANRY TRADE SETUP
VANRY breaks this symmetrical triangle pattern and correctly retests it, We anticipate a significant bounce of up to 70% to 100% following the breakout of this pattern.
Entry: CMP and add up to $0.178
DYOR, NFA
#Crypto
We continue the experiment with a wider range of zones. Let's see if we can guess the places to search for deals for the week ahead.
Last week is HERE or in the related ideas at the bottom of the post.
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development...
World gold price (XAU/USD) decreased slightly yesterday after increasing to nearly reach 2,400 USD/ounce. According to experts, the reason may be due to profit-taking pressure after the strong increase the previous day. In addition, the recovery of the USD is also detrimental to gold.
In the short term, the combination of stable inflation and weakness in other...
Gold prices are in a slight decline. The reason may be due to profit taking after increasing by more than 1% the previous day. The release of lower-than-expected US CPI and Retail Sales data for April has led to a change in expectations about the Fed's future interest rate path - an important factor contributing to the direction of gold prices....
💥 GOLD information
World gold prices increased with spot gold increasing by 21.9 USD to 2,357.6 USD/ounce. Gold futures last traded at 2,363.6 USD/ounce, up 21.1 USD compared to yesterday morning.
Weakness in the USD and Treasury yields following US producer price data for April provided a boost to the yellow metal. The dollar fell 0.2% after US data made gold...
The Australian dollar appears reluctant to break above its resistance level, so we consider selling and targeting the support level below. We believe that the current market conditions suggest a bearish outlook for the Australian dollar, as it struggles to gain momentum above the resistance level. By selling at this point and targeting the support level below, we...
1D - the daily timeframe is in a short context. Currently, we are in a corrective movement with the aim of overlapping the FVG. The lack of activity below the fractal compression (marked on the chart) inspires confidence. The target is 1.06. The scenario will be invalidated if the price closes above 1.088.
Gold prices continued their uptrend on Thursday and rose more than 1% as US Treasury yields fell, reducing the greenback's appeal. Labor market data from the United States was weaker, increasing the chances of an interest rate cut by the Federal Reserve despite facing inflationary pressures.
XAU/USD's daily chart shows it has slowed its recovery around the...
Looking at this short on NEAR the strucuture remains bearish and for now it doesn't seem to flip bullish. I am looking for either the FVG or the 2H supply to hold. If this works out the target is $6.65 ✅
Just in case we are getting a pullback on BTC we want to have a limit order in place. We want BTC to retrace to the 2H FVG which is sitting on the MDay-High Range and just above the 2H Supply Breaker. Also with the volume profile next to it it should have enough momentum to hold this level at around 63.5-63k
💥 GOLD information
World gold prices decreased with spot gold down 27.2 USD to 2,335.7 USD/ounce. Gold futures last traded at 2,342.2 USD/ounce, down 32.8 USD compared to yesterday morning.
Short-term futures traders rushed to book profits after recent gains put pressure on the yellow metal in early trading of the week. Meanwhile, the market is still waiting for...
Gold prices extended gains near $2,360 on Monday during the first hour of trading in Asia. Rising geopolitical tensions in the Middle East boost safe-haven flows and benefit precious metals.
Gold prices traded positively during the day. The yellow metal kept the bullish trend intact as it held above the key 100-day Exponential Moving Average (EMA) on the daily...
More progress in deflation remains to be seen
Chicago Fed President Austan Goolsbee welcomed the drop in inflation in April but said deflation progress needs to be firmer.
Speaking Wednesday after the CPI excluding food and energy prices fell for the first time in six months, Goolsbee expected more such good data to come before making a decision to cut interest...
