In a historic week for precious metals, gold futures broke past records to hit new highs. Markets are now turning their attention to next week’s Federal Open Market Committee (FOMC) meeting.
CAD/JPY is reacting off the support level which is a pullback support that lines up with the 127.2% Fibonacci extension and could bounce from this level to our take profit. Entry: 115.53 Why we like it: There is a pullback support that lines up with the 127.2% Fibonacci extension. Stop loss: 114.92 Why we like it: There is a pullback support that lines up with...
World gold prices increased slightly today as investors waited for the US to announce inflation data in the next few days to predict when to cut interest rates. The information that may surprise the gold market in the next few days is the US core personal consumption expenditures index (PCE) - an important inflation measure of the US Federal Reserve (FED). The...
AUDJPY Bearish idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: AJ is also looking very bearish going into this week. Ideally, price action can form a clear lower high below 93.000 resistance and give us good entry opportunities. Look to target lower toward 91.000 support. Trade scenario 2: For us to consider AJ more...
#EURUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
FOREX SIGNAL: 📊EURJPY 📉 SELL 129,87 ⚖️RR 1:3 📌SL 130,43 ✅TP 129,67 ✅TP...