Eurgbp!
EURGBP H4 | Falling to 50% Fibo supportEUR/GBP is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.86869 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level.
Stop loss is at 0.86530 which is a level that sits under an overlap support that aligns with the 61.8% Fibonacci retracement level.
Take profit is between 0.87350 and 0.87541 which is a recent swing-high resistance.
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Strifor || XAUUSD-Fed meetingPreferred direction: SELL
Comment: TPrevious trading ideas for metal worked well for shorts. Before the Fed meeting, this mood continues and a fall towards the level of 1952 is expected. Regarding metals, it is expected that the dollar will strengthen.
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Strifor || EURUSD-11/01/2023Preferred direction: SELL
Comment: During trading on Tuesday, the euro dipped significantly against the backdrop of American labor market statistics. At the moment, it is most likely that the currency pair will move into the flat. The expected movement ahead of the Fed meeting is downward.
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EURGBP I Pullback and continuation Welcome back! Let me know your thoughts in the comments!
** EURGBP Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Strifor || XAUUSD-10/30/2023Preferred direction: SELL
Comment: At the end of last week, gold reached a new high; now the instrument is most likely to undergo a correction. A short-term decline will be generated with the help of current buyers who trade for a breakout. On a more global scale, gold is trending higher.
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Strifor || EURUSD-10/30/2023Preferred direction: SELL
Comment: The context for the sale remains despite the momentary strengthening of the buyer. Considering the current situation, we cannot rule out an approach to 1.06318, after which the instrument will most likely continue to move towards a more global downward trend.
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EURGBP Swing Entry OpportunityEURGBP is not the most trending currency pair, but I do believe are some momentum plays. They're slow to form, like taking all of last week, but the trend change does spell some opportunities.
There are two key points that signalled the reversal and hold.
Price broke above a consolidation that I marked for a reversal change signal.
Shortly after the neckline breakout, price formed another consolidation. Two weeks ago, price broke above that consolidation and halted shortly after the breakout.
For the week ahead, I'm watching to see if momentum picks up. If I do see stronger bullish candles, this will be good consideration to scale into a long position.
Daily Wave Rider - EURGBP - BUYEURGBP
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: SBB
BUY Stop: 0.87376
Stop Loss: 0.86904
TP01: 0.87848
TP02: 0.88792
DWR present as a buy setup on 27 OCT, with Channel and Pivot are green bouncing off weekly pivot
However, trade is not taken/considered
SPX500: SELL
DXY: BUY
OIL: BUY
GOLD: BUY
Strifor || EURUSD-10/27/2023Preferred direction: BUY
Comment: Trading continues at the level of 1.05700 for the currency pair. The probability of a fall remains and it is greater than assumptions about growth. Most likely, a false breakout will be formed upward at this level and after that the price will go down.
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Strifor || XAUUSD-10/26/2023Preferred direction: Neutral
Comment: Buy-priority for metals remains, but is no longer as obvious as before. However, we continue to shop around. In the very near future, the price is expected to roll back towards the level of 1952, from where buyers will most likely attempt to update the maximum, as we noted earlier.
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Strifor || EURUSD-10/26/2023Preferred direction: SELL
Comment: Saving the ECB rate at its previous value was not a surprise; the market reacted calmly, but statistics from the United States, which exceeded all expectations, on the contrary, forced the market to move. Against this background, the euro continues to weaken, and technically, the strength of the US dollar can also be seen.
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EURGBP BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity EURGBP
I still did my best and this is the most likely count for me at the moment.
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