EURUSD Euro to US Dollar | SWING - 24. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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Forex-gold
XAUUSD Short Setup From a COT perspective, we can see that gold is starting to lose its momentum. After building a second, smaller top, we can prepare for a possible correction towards the 1500.00 area.
Why there?
We have a double confirmation point from the 0.618 Fibonacci level and a monthly critical zone. This makes this area a perfect demand spot.
A good indicator for this to happen will be a close below the 0.236 Fibonacci area, near the 1790.00 mark.
Happy Trading!
EUR/GBP - SWING - 19. AUGU. 2020 🇪🇺🇬🇧Hello Traders Welcome Back.
***
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
***
Please consider to put a like to my idea for supporting me & subscribe for more ideas.
Plan for the weekGoing to post charts with my plan for each. Only those in which I zoom in and am most active.
And this is it. 18 charts to pay attention to (well not all of them). Maybe I'll get 8 screens.
If I'm thirsty I can look at other minors, sek, copper, natgas. I do keep track of them but only look for cool big moves.
And then if I am desperate or greedy there are indices stocks crypto I can just waste time and lose money.
So basically with almost all fx I am waiting for sideways to end and a trend to form then trying to join it either for a quick move on H1 hours to days, or go up a bit then pullback on H4 and get in for a move days to weeks. A couple of pairs are maybe reversing but I don't even remember who it's not that great, not sure what I'll do. EURNZD I could not enter and it is going straight into resistance, I'll wait for a big pullback then we will see, if it keeps going so be it. Oil is pointless, Gold I could short for a quick one, and buy long term (would use as denominator on 1/3 trading account).
Saw some nice EW I wanted to show, but there are already alot of screenshots.
[Currencies] Markets shifting phase, no money to be madeThe second half of July was fun. But now it is over. It is either time for some vacations, or some research & self-improvement.
Gold & Silver, Bitcoin, and major governement fiat currencies - usd pairs - are taking a break from their trends (if we can call this a trend for BTC).
I do not think there will be anything interesting in the coming days or weeks...
For my part other that those currencies I also look at some crosses regularly (with jpy I even only do crosses I don't even trade usdjpy), as well as a few commodities (Oil NatGas Copper).
Who knows, there might be something?
Commodities
Crosses
"Exotics" and crosses
Nothing too crazy.
I don't want to go completely analyse every 20 non usd currency pair I can think of.
And I'm thinking "is this good or not can't tell", if you have to ask this question then it is not good enough.
EURJPY could be interesting, better keep an eye on it this week.
Going to look at some old charts and do some self improvement.
Looking for an entry on Gold?For the past week during the London into New York overlap price has been dipping down for a daily entry finding your close at or just after the close of the New York session. I marked the entries and exits with a red rectangle on each day this pattern has been currently appearing.
Gold Long setup formation!!Top Down Analysis
Daily Timeframe
Gold is still maintaining and uptrend to the upside. still holding between the 9 and 21 EMA .Super bullish as inflation kicks in!!!
H4 timeframe
Price is Forming UPtrend and we can see price is currently in a temporary consolidation and we could see price bounce between to level around
1815 high level and 1795 low level. so since price is currently trading between the zone we could see price reject the zone and continue to the upside and nice momentum for today friday close
H1 Timeframe
Nice rejection on the 1715 level. we need to still confirm the rejection with high momentum to the upside
XAUUSD Triangle Structure Break (LONG)My 4H analysis won’t change since the last COT Gold report came out bullish and no changes that could indicate a short momentum are noticed.
Since the 1st of July we are in a closed triangle structure where the upper and bottom trend lines are respected multiple times. A third rejection on the bottom trendline will be a good indicator that the price is ready to move towards the monthly critical 1800 area.
Other possible scenarios:
1. As I mentioned in my 4H analysis if the price wanted to go down, it would already have done that, so we are all the way bullish. It received support from multiple hourly critical zones. If the price respects our bottom trend line we must take care when it once again reaches the 1780 area and see how it reacts to it.
2. A false breakout towards the 1750-1760 and bellow is also possible. This way a lot of retail traders will be stopped out. Afterwards the price will reverse towards the 1800 area.
Happy Trading!
GOLD, will continue to move higher....Please Support this Idea with LIKE if it is Useful....
GOLD
The price is above key support/resistance level and price might be forming H&S pattern,If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to give bullish signal and look for buy opportunity..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
XAUUSD, Weekly analysis June 22-26Hi everyone,
Wish you for a successful trading week, Gold against dollar pair weekly analysis breaks the resistance of 1745 last friday. and all the price action set ups supports the price to go up till 1776 atleast. it may retrace the level of new support of 1745 and go up..but reversal also happen in the same week i believe .. since its in the closing of June month.. again we can expect a rise around the starting of the month of July..
Note- Price actions predictions based on technical analysis.. its not the final result of how the price goes..
GOLD: ELLIOTT WAVE ANALYSIS - WEEKLY CHARTHello Traders,
Welcome to my post, I'm happy to share you my current view on Gold. We're currently in the process of completing the fifth primary impulse wave. My final target for Gold is around $1860.
Fundamentally the price of Gold should continue to move higher as historically it works great as a hedge against inflation when central banks are increasing the money supply. In this case, QE infinity.
Feel free to comment, PM & share ideas.
Cheers to many pips!