CPI Setup GOLD | Safe Zone CPI Setup GOLD | Safe Zone H1 Timeframe
Current point 2027.50
- This Setup is not based on Sell or buy
- According to last CPI Gold firstly moves 100+ pips in buy and then lay down
- After Structuring the data we expected 100 pips buy then gold will fall
- We set the safe zone if and if gold break the 2041 area then next move would be 2047
furthermore on the major support level if gold retest to break the 2012-2011-2010 next target
would be 2000.00
- At a same time CPI , CORE INFLATION RATE , YOY AND MOM all are highly impact news
- use proper lot size and risk management to secure profit because patience is a major key
This Analysis is uploaded at 13/02/2024
Cheers ..
Cpidata
GBPUSD London Session Buy Recap 70+ pipsPrice broke below the KL but the next 30 minute candle closed back above, indicating a small liquidity grab for price to move back up. CPI was to follow and as the next hourly candle broke the previous high, buys were entered with us anticipating CPI to drive price back up to the next KL. Secured some profits there, and left a runner to target the KL at 1.26900.
ETH/USD After Recent CPI Report🚀 Ethereum Analysis Update - Buckle Up! 🌙
1.)Waxing Moon Influence: 🌔 The mystical waxing moon cycle has graced us! Brace yourselves for potential shifts in market dynamics. History shows it can be a game-changer, so keep a keen eye on its impact.
2.)Bearish Divergence Alert: 📉 A bearish divergence is playing out on the daily chart - the market's way of whispering potential caution. Bulls, be on guard! 🐂🚨
3.)Bollinger Band Potential Rejection: 💥 The Bollinger Bands are hinting at a possible rejection. Are we in for a bounce or a breakdown? Time to read the signs! 📊🧐
4.)CPI Report Surprises - Inflation Gets Sticky: 📈🔥 Surprise, surprise! The latest CPI report came in higher than expected, signaling that inflation is getting sticky. Brace for potential turbulence as the Federal Reserve contemplates interest rates. How will Ethereum dance to the inflation tune now? 🕺💸
Stay vigilant, traders! 🚨 Your favorite crypto might be gearing up for a thrilling ride. As always, DYOR (Do Your Own Research) and trade wisely! 💼💰 #Ethereum #CryptoAnalysis #MoonCycleMagic 🚀🌙
XAUUSDHey guys,
Looking at gold here today, with CPI data to be released, I'm anticipating a bearish continuation.
1988.879 - 1986.404
Potential sell zone (fib retracement)
1975.487
Old high that will probably be violated should CPI drive price lower (take profit one)
1965.467
Old low loads of liquidity resting below from buyers. (Final take profit)
2009.719
In the unlikely event that price decides to push higher this is a level where price may stall before continuing lower (post CPI data release)
Analysis by Austin Palmer for APFX Trading
usdcad trade idea I bias down sideThe Canadian dollar has managed to maintain strength against the USD in a week with little Canadian specific economic data. Last week’s Bank of Canada (BoC) rate announcement saw Governor Macklem leave the door open to additional hikes should incoming data necessitate. Subsequently, the local balance of trade and labor reports outlined the economies resilience and sustained upside pressures on inflation from an average earnings lens. Higher crude oil prices are also favorable for the CAD while supplementing the inflation narrative that could prompt the aforementioned hike early next year. This is reflected in BoC interest rate expectations (refer to table below) which have been ‘hawkishly’ re-priced to suggest a 10bps peak from 5bps just last week.
BANK OF CANADA INTEREST RATE PROBABILITIES
$CNIRYY - Deflationary CPI- While ECONOMICS:USIRYY numbers remain inflationary,
having the latest increase to 3.2% on August 10th,
on the other side of the World from the second Global Superpower,
ECONOMICS:CNIRYY came Deflationary at negative 0.3% on 9'th of August,
just a day prior to numbers of ECONOMICS:USIRYY .
Note that The Head of Federal Reserve,
our pal Jerome Powell,
stated that Feds do not see Inflation ECONOMICS:USIRYY coming down to their norm target of 2% CPI
by 2025.
Jerome still believes on a 'Soft Landing'..
How about another Joke, Powell !?
CFD Update: FRA40 pushing at a new leg higher?Today's focus FRA40 CAC
Pattern – Support hold - continuation - HL
Possible targets – 7465 - 7600
Support – 7315 - 7360
Resistance – 7460 (ST)
Indicator support – CCi close to 0 cross – 38.2 fib area
Could we see a new leg higher on the FRA40? After Monday's holiday, price has opened lower on Tuesday, but there are a few bullish signs we are watching that could suggest a new push higher. Price formed an HL in the 38.2 fib area, support has been formed, and we see the support hold from a previous point of resistance. Price broke through the trendline, but we still need to see a new rally to confirm that.
A new lower that closes below support is worry and could invalidate the idea. Another factor is tomorrow's US CPI data. Depending on what’s released, this could impact US indices and, in turn, move European indices. The Core is expected to come in lower, with Y/Y flat at 5.0% and the M/M higher at 0.4%. The CPI data is due to be released at 8:30 am EST tomorrow.
Thanks for stopping by. Good trading, and have a great day.
BTC CPI 14/03/23BTC cpi predictions to outcome of data results:
CPI expected 6.0% YoY
Markets priced in predictions,
SL's run on both bullish and bearish side
but ultimately neutral.
CPI bullish <6.0% YoY
Sweeping the previous range high at 22600
before strong reaction into new local highs.
CPI >6.0% YoY
Bearish outcome for bitcoin
could see the last few days of
rallying wiped out in an instant
sending us back towards 19-20k