Forexsignals
GBPUSD COLLAPSE ❗❗❗❗❗It's ready to go downside.
Why am I saying this?
Just, 1st quater of 2024 people expect the interest rate cuts and speculates
when it will happen.but now after seeing the economic data ,high inflation,
gold skyrocketing,they have come to realise rate cuts are unlikely.
Uncertainty become resilient.my opinion for next two weeks, USD pairs
will go downside.wait for DXY to reach around 109 dollar.
Don't scold me ........peace.
NZDCAD - Swing Trade on Buy SideSymbol - NZDCAD
NZDCAD is currently trading at 0.80920
I'm seeing a trading opportunity on buy side.
Buying NZDCAD pair at CMP 0.80920
I will be adding more if 0.80200 comes & will hold with SL of 0.79000 - 0.79200
Targets I'm expecting are 0.82500 - 0.82800 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
EURSEK - HEADING SOUTH ?Symbol - EURSEK
EURSEK is currently trading at 11.57200
I'm seeing a trading opportunity on sell side.
Shorting EURSEK pair at CMP 11.57200
Holding with SL of 11.62000
Targets I'm expecting are 11.42500 & beyond.
This is a high risk trade. Let's see what happens!
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
USDCHF SHOWING A GOOD FALL WITH TRIPPLE CONFIRMATIONUSDCHF SHOWING A GOOD FALL
WITH TRIPPLE CONFIRMATION
It's showing a good falling due to the following reasons
1. First of all it's faceing a resistance from the upper marked trend
2. Second the deep confidence comes from the secondary neckline breaking on 1 hour and 15 min chat
3. Third confirmation comes from in days chat it's completely bearish
Like if agree
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EURUSD ANALYSISFOREXCOM:EURUSD
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 the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
April 2, 2024 trading strategyThe record rise in gold prices is a sign that investors are worried that the Fed will not be able to control inflation when it starts cutting interest rates.
Investors should wait for a pullback before buying. Gold may return to the price of 2,150 USD and will attract a number of new investors. The upward trend of world gold prices continues as the market is witnessing that central banks of countries are selling off the USD. to buy gold.
If the US job market is stronger than expected, combined with "persistent" inflation, it may force the Fed to delay the start of the monetary policy loosening cycle. This will negatively impact precious metals.
XAU price today April 1, 2024 reached a historic peakCME's FedWatch probability indicator shows that there is a 62% chance that the US Federal Reserve (Fed) will cut interest rates in June. Lower interest rates often weaken the USD, making gold more attractive for investors holding other currencies.
Another important factor contributing to the rise in gold prices is the continued purchase of physical gold by central banks around the world. Increased demand will directly impact prices, pushing gold prices to record highs.
ECB policy planning member Francois Villeroy said that achieving the ECB's 2% inflation target is feasible. At the same time, he also warned about potential risks if the ECB does not cut interest rates. ECB executive board member Fabio Panetta hinted on Thursday that "the conditions for launching an easy monetary policy are gradually emerging."
According to experts, central banks' gold purchases, impending interest rate cuts and concerns about inflation are the driving forces for gold prices to continue to increase in the short term.
Bob Haberkorn, an expert at RJO Futures, said that closer to June, the market will see gold prices rise higher due to expectations of interest rate cuts by the Fed.