Today we can look for sell opportunities around 2031 , For a target of 2009- 2002 , Market has turned bearish yesterday after announcement of the following. Fed's Waller: Data in the last few months allowing Fed to consider cutting rates this year Waller Q&A: It will be up to committee on timing of when to start cuts Also the technical indicators, H4 & D1 charts...
Gold prices continued to increase in the early trading sessions of the week thanks to escalating tensions in the war in the Middle East. Gold experienced a steady rise near the weekend thanks to geopolitical tensions and weakness in the US dollar. The coordinated attack between the US and UK on the Houthi rebels in Yemen in recent days has made the market...
I think it will emulate the same movement as NZDUSD and GBPUSD that I shared a while ago. Setup risk:reward: 3.3
XAU is creating a very clear uptrend due to the Middle East conflict and news of US interest rate cuts It is predicted that in the future, gold will continue to increase, but currently there will be a rebound Everyone needs to trade carefully with full SL and TP
The USD decreased in the last trading session The US Federal Reserve (Fed) may begin cutting interest rates when inflation falls closer to the US Central Bank's 2% target. However, trading volumes fell after Christmas as some markets remained closed for the holidays. Many traders globally also take a holiday until Tet. The greenback is on track for its worst...
Gold price, after overcoming the resistance zone at $2,050/oz, continued to increase in the trading session after the Christmas holiday to $2,065/oz, thanks to the weakness of the US dollar. This week, gold prices will likely stabilize around current levels, due to the lack of important economic data. However, if the war situation in the Red Sea continues to...
crude is in buying momentum from yesterday and now as we can see it is taking rejection from the level of 75.00 and now making a range so if the range breaks then the buying level is 75.50 and remember their is a resistance at 76.00 so it's like a scalp trade. plan the trade accordingly with proper risk reward.
- do not rush trades here - It's XMAS time due to less volume wait for A+ setups and do not do anything forcefully - Be cautious so that you don't get stopped out
IMO my overall bias in this pair remains bearish - It is currently getting rejected from a valued-based supply which shows more bearish behaviour and reaction - Retracement is all I expect, however the market can always prove me and my analysis wrong no denial - Longs can wait for the value zone to be tapped wait for the price on a HTF to build a bigger base...
FOREXCOM:GBPUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Hey guys nova this side, here is the trading setup for today. Information: macd showing a downfall, rsi showing the price decline. Improtant, it made the low and breaks it trying to test it again and going to reverse from it because the seller are sitting there for price decline. as per the price action price is going to reverse with the hemmer or doji for the...
after the US Federal Reserve signaled interest rate cuts are coming next year In addition to central bank meetings, investors will likely keep an eye on the European Union leaders' summit in Brussels, starting next Thursday. The summit comes at a critical time for Ukraine, as the Biden administration has so far failed to get a $60 billion aid package through...
As Per Chart We Can See This Pair have Formed Double bottom And Also Given Breakout . So Now It could Be good Swing Trade For Buy Side With Stop loss Around 0.57624 . Disclaimer :- Trade With Your Risk management .
EURGBP in 30 minute Time-Frame …. Price is likely to break the old support region OANDA:EURGBP
The EUR/USD pair is currently trading around 1.0970, facing slight losses in the early European session after pulling back from a four-month high of 1.1017. Traders are awaiting inflation data from Italy, France, and the Eurozone, with the Eurozone Harmonized Index of Consumer Prices (HICP) expected to show a 3.9% YoY growth in November. From a technical...
XAU has grown in the past three weeks. Experts predict that XAU will continue to grow in the near future. If it surpasses the 2008 threshold, XAU will still grow greatly. According to the minutes of the two-day (October 31-November 1) monetary policy meeting released on November 21, US Federal Reserve officials acted cautiously and did not intend to raise...
Following the Canadian CPI report and related FOMC minutes, the Canadian dollar remained unchanged from its base of 1.3700. In case you missed the data, both headline and core inflation are down slightly, potentially leading the Bank of Canada (BoC) to take a more neutral/accommodative stance. Central bank governor Tiff Macklem is speaking out, and given his...
According to experts, the world price of EURUSD suddenly increased sharply due to recent positive inflation data and the weakening of the USD. There is a high possibility that the EURUSD price has run ahead of the news of the meeting minutes of the US Federal Reserve (Fed) announced tomorrow morning. The USD continues to weaken as the market believes that the Fed...