Gold Setup | After FOMC Minutes News Current point at 2037.30 #Gold tried best to break the point 2030-2032 but seems as failed although its a Strong Resistance and it may take a Strong News to break We Expected to move up side almost more then 100 pips Set Target at 2050-2055.00 Always use Proper lot Size And Risk Management Cheers ..
Greetings Traders, As we anticipate the upcoming week, our attention is firmly on USDCAD, where we are actively assessing a potential selling opportunity around the 1.32600 zone. Engaged in a downtrend, USDCAD demonstrates a sustained downward trajectory. Concurrently, the currency pair is in a correction phase, steadily converging towards the trend at the...
KOG REPORT – FOMC: This is our view for FOMC tomorrow, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings...
Although with weak US job report announced this week, DXY managed to sustain above 103 level. Head & Shoulder chart patterns occurred in GU daily chart, forecasting GU would reach next lower low ahead.
FOMC – KOG Report: This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
CME_MINI:NQU2023 - PR High: 15351.00 - PR Low: 15341.25 - NZ Spread: 21.75 Expected heavy volume at session open - Traders anxious to get back after long weekend - Ranging into London session, inside NZ - Front running pivot high from June 16 Fed kicking off the short week 14:00 – FOMC Meeting Minutes Evening Stats (As of 12:05 AM) - Weekend Gap: +0.09%...
Welcome back! Let me know your thoughts in the comments! ** GBPUSD 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
As a stock trader, it's important to pay attention to major events that can impact the market, such as the Federal Open Market Committee (FOMC) meetings. These meetings can have a significant impact on stock prices, and understanding their historical trends can help you make informed trading decisions. In preparation for the upcoming FOMC meeting on May 3, 2023,...
As the FOMC meeting is coming up in just a few hours Bitcoin is relatively not moving that much. What can we expect Bitcoin to do? As we are closing down the triangle I am expecting this to break during the meeting as volume will start to kick in. We have 2 clear scenarios • We will break up and are going to 21k • We will break down and are going to...
Tomorrow will be a big day again for the markets! We are expecting a 75 bps. In this case neutral means that there is lots of volatility. But there is a small chance that the FED will choose for a 50 bps rate hike, because a 75 bps rate hike will be too hard to handle for the economy. In that case we are going to see a big movement to the upside. Trade safe and...
Key level, Rings, targets, and important events to consider.. Predicting a volatile move up above white ring to liquidate late shorts followed price breaking down to two scenarios headed into the remainder of the year before we retest 20K in 2023
Gold RSI Make Up Trend Channel But Gold Price Multi Time Support Don't stuck your positions in this range it will be choppy until FOMC Statements
I've been doing a lot of number crunching, specifically around Fibonacci numbers and Harmonics. There is a possibility we get a Bullish crab at 16.3k with a retracement to 18,700-19,400. I will be Shorting this area after TP'ing Short at 16.3k. The next target to close FOMC pump Short would be between 15.5k-15k. Not sure which. But i'm certain it's one of these...
CME_MINI:NQM2022 - PR High: 13134.50 - PR Low: 13106.00 - NZ Spread: 63.50 Evening Stats (As of 12:05 AM) - Gap: = N/A - Session Open ATR: 397 - Volume: 16k - Open Int: 224k - Trend Grade: Neutral - From ATH: -21.75% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14675 - Mid: 13500 - Short: 12390 Keep in mind this is not speculation or...
Ever since the FED has been talking about interest rates, I see questions popping up on social media where investors ask why the federal funds rate (also known as the FED interest rate) is so important for the stock and crypto markets. With this post I'd like to write an easy understandable explanation on what the FED funds rate is and why it is important. What...
The S&P 500 futures have been a leading indication for BTC price direction since this morning. The stock market has gained strength over the last two days, with prices currently nearing the top of the range. If we witness a breakout above, it's possible that this will spill over into the crypto market. Today is also the FOMC Fed meeting, which is expected to...
As my last forecast has shown, gold has had quite a lovely run up in light of the rate cut delivered from Jay Powell Gold soared towards $1,600/ ounce and stopped just shy at $1,570/ ounce. With the September FOMC decision looming the question is what the yellow metal will do next? A rate cut is all but certain, with a 25bp cut baked in at this point, a 50bp cut...
Hi Guys, the scenario hasn't changed much since my last post. DXY still looking bearish into mid week11. FOMC meeting due tomorrow. 50SMA keeps pushing despite divergence with RSI. A,B and C are lower lows. RSI is making higher lows compared to price. If the index re-climbs above 1000SMA and crosses the 50SMA for the upside at the same time, DXY may commence ...