Looking for the short term buying trend in USDJPY as a pullback, Trade with proper risk management setup.
Currently Gold is in Selling zone, we can predict to go down to the support at 2385, and then bounce back to the 2425 and further we can say next target would be 2438. Looking for short term selling opportunities in it., Trade with discipline and risk management. Have a profitable trading week ahead.
Looking for a buying Setup in EURUAD, Trade with Proper Risk Management to grab the right opportunities. Take the first target at 0.61750 And second long term target will be 0.62500
USDCAD Technical Analysis – 1 hour Timeframe On the 1 hour chart, we can see that we have a downward trendline and the 61.8% Fibonacci retracement level adding some extra resistance to the 1.3680 level. This is the area where the sellers will keep on piling in from to position for a drop, while the buyers will want to see it failing to gain more conviction for an...
Forecast for Gold Prices: Sellers seize control of XAU/USD, targeting a protracted slide below $2,300 The price of gold is still restricted in a range, and the 21-day and 50-day Simple Moving Averages (SMA) confluence around $2,345 is the upper limit of the price range, favoring sellers in the short-term technical picture. Conversely, the downside is protected by...
Buying zone active, Looking for upward movement, Proper risk management suggested, watch my last analysis on gold for more clarification. On D1, gold quotations are above the 200-day Moving Average, suggesting that an uptrend is now in effect. The resistance line is being tested by the RSI. In this scenario, it is anticipated that the price will test and then...
Buying zone active, Looking for upward movement, Proper risk management suggested, watch my last analysis on gold for more clarification. On D1, gold quotations are above the 200-day Moving Average, suggesting that an uptrend is now in effect. The resistance line is being tested by the RSI. In this scenario, it is anticipated that the price will test and then...
"Euro vs. US Dollar," EUR/USD A bounce off the Tenkan-Sen line is seen in EUR/USD. There appears to be a downward trend as the pair is heading below the Ichimoku Cloud. It is anticipated that there will be a test of the Double Top reversal pattern's bottom limit at 1.0780, followed by a drop to 1.0645. An further indicator that would validate the decline would be...
Gold Price Forecast: XAU/USD maintains focus on $2,277 and the Fed and highly significant US CPI The price of gold is holding onto its two-day surge and defending the $2,300 mark early on Wednesday. Amidst the customary market caution before of the crucial US Federal Reserve (Fed) interest rate decision and the US inflation data release, gold dealers choose to...
USDCHF bounces from the support. This year, USDCHF is rising after breaking a significant trendline that was linked to the highs of 2022 on a daily chart. A breakthrough of this trendline would raise prices inside the large triangular range. The pair appears to be in a greater degree corrective setback following a completed five-wave rally and broken trendline,...
The 4-hour chart shows that the GBP/USD outlook is negative as it continues to trade below the significant 100-period Exponential Moving Average (EMA). The Relative Strength Index (RSI), which is now hovering around 37.00 and indicates that the downside is the path of least resistance, supports the downward trend. 1.2681, the low of May 30, will be reached with...
GBP/USD Forecast: Pound Sterling faces stiff resistance at 1.2800 ahead of US NFP At roughly 1.2800, the midpoint of the ascending regression channel corresponds to significant resistance. If that level is broken and the pair begins to use it as support, technical buyers may become interested. In this case, the static level of 1.2850 may serve as a temporary...
GBP/USD Forecast: Pound Sterling faces stiff resistance at 1.2800 ahead of US NFP At roughly 1.2800, the midpoint of the ascending regression channel corresponds to significant resistance. If that level is broken and the pair begins to use it as support, technical buyers may become interested. In this case, the static level of 1.2850 may serve as a temporary...
USD/CAD dips to about 1.3650 as a result of increased risk appetite and rising oil prices. Following two days of advances, the USD/CAD pair declines, trading on Thursday during the Asian session at 1.3680. Following the release of conflicting economic data in the US, which stoked interest rate decrease rumors by the US Federal Reserve (Fed), the US Dollar (USD)...
This long position aligns with current market fundamentals and technical signals, offering a favorable risk-reward ratio for traders looking to capitalize on USD strength against the JPY.
This long position aligns with current market fundamentals and technical signals, offering a favorable risk-reward ratio for traders looking to capitalize on USD strength against the JPY.
Gold has taken a pullback to 2309, and currently looking to follow the downtrend.
USDCHF trade setup, look for the bounce back from support. Running in Buy Trade with 1:3 RR Ratio.