Forex-trade
USDJPY: Bullish Recovery After Sharp Correction – Short-Term Buy📈 Trade Details:
Entry: Current price 157.823
🎯 Take Profit 1: 158.000
🎯 Take Profit 2: 158.275
🎯 Take Profit 3: 158.500
🛡 Stop Loss: 157.500
💡 Analysis:
Earlier today, USDJPY experienced a sharp correction after hitting intraday highs. However, the U.S. dollar remains resilient, supported by strong economic data and market sentiment favoring risk-off assets.
The correction appears to be a retracement within a larger bullish trend, presenting a buy opportunity as the pair looks poised to recover toward key resistance levels. A break above 158.000 could open the door for further upward movement, targeting 158.275 and 158.500 in the short term.
🚨 Risk Management:
Tight stop-loss placement at 157.500 to protect against unexpected reversals.
Adjust take-profit levels based on price action and volatility.
Let’s aim for profits and disciplined trading today! 💹
GBPAUD SELL | Idea Trading AnalysisGBPAUD is moving on support zone
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPAUD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
xauusd sell strong fall full safe trade for sell xauusd sell big fall soon if you want daliy trade then fallow my chart my target is 2590 fallow my trade Markets are struggling to find a reason to move too much in either direction ahead of the New Year’s market closures, which will see most global exchanges shuttered during the middle of the trading week xauusd sell now 2610;2616/sl 2620 tp 2600 more tp 2590 and target 2580
CHF/JPY Analysis The pair has shown some bearish momentum, reaching a zone of interest for potential reactions. While a short-term bounce is possible due to oversold conditions and the proximity to a key weak low, the risk here is not negligible. Market dynamics suggest this could be a countertrend move, so it's vital to manage risk carefully.
Key Observations:
Weak low interaction: The price is sitting near a potential liquidity zone, making a reaction plausible.
Risk Note: Larger trends still lean bearish; any bounce may face resistance.
Always prioritize risk management and trade responsibly!
USD JPY Weekly Usdjpy weekly
✔Breakout and a Retest of trend
✔Rising Wedge
✔Breakout of support on D_TF and Retest,
even though it dropped to about 160pips last week, later went up above previous entry it pretend to Breakout of trend to the up side, I guess news caused that
but all the downside confirmation are still checked.
EUR JPY Trade Setup Daily TimeframeEUR JPY has broken through a major resistance level, which has now turned into a support level, forming break and retest pattern on the daily timeframe.
We’ll be looking for buy entries from the retest level. to get our entry, let’s scale down to lower timeframes to identify chart patterns and candlestick confirmations.
📉🔄📈
Gold Price Analysis October 29Fundamental Analysis
Gold prices gained some positive momentum and rose to the $2,757-$2,758 region during the Asian session on Tuesday, returning close to the record highs hit last week. Persistent safe-haven demand stemming from tensions in the Middle East and concerns over the US election turned out to be the main factors acting as a boost for the precious metal. Moreover, falling US Treasury yields kept US Dollar (USD) bulls on the defensive below the highest since July 30 touched on Monday, also supporting the commodity.
That said, bets for a less aggressive Federal Reserve (Fed) easing policy, coupled with concerns over deficit spending after the US election, should limit the downside in US bond yields and the USD. In addition, the underlying bullish tone in the global equity markets is keeping a lid on Gold prices. Investors also seem reluctant ahead of the key US macro releases this week - including the Q3 Advance GDP print, Personal Consumption Expenditures (PCE) Price Index and Non-Farm Payrolls (NFP) report.
Technical Analysis
Gold has almost reached the ATH zone today. A break of 2757 will see a price of 2770 soon. With the possibility that when the European session starts, if the price fails to break the upper band, it can push further to lower zones. 2742 is the first buy zone in the sclalping zone but it will not have as much value as the session port zone around 2725. Pay attention to the price zones to have favorable trading strategies.
EUR/USD Breakdown – Quick Bounce or Headed for a Wipeout?Alright, trading family, the EUR/USD pair is riding some choppy waters. A short bounce to 1.0809 might be in the cards, but don’t get too comfy—it could just be a quick breather before we dive back toward 1.0700 or even deeper to 1.0645 or 1.0580.
Key Levels:
Breakdown Zone: 1.0700 – Looks like the next wave if sellers keep control.
Bounce Play: 1.0809 – Bulls might show up, but it could be a short ride.
Lower Support: 1.0645 / 1.0580 – If the tide turns, this is where we might land.
This is one of those "stay ready" moments—either we catch a quick rally or the tide pulls us lower. Keep an eye on those short time frames to catch the next set.
What’s your vibe—are we bouncing or heading straight into the deep? Drop your thoughts, follow, and share if this chart got you set for the next move.
Mindbloome Trader
Raises gold prices target to hit 2800 read the caption From the all-time high of $2,685 per troy ounce recorded last Thursday, it has lost a good $50. We had pointed out that the last part of the price increase was no longer justified by interest rate expectations. These had also already gone much too far and were therefore scaled back again somewhat in the last few days. This means that Gold currently lacks a key driving force
EURUSD 1D1D - On the daily timeframe, we are also in a bullish context similar to the weekly timeframe. Starting from Friday, it's evident that the large FVG will need to be filled by the price eventually. I anticipate this to happen in the first half of the following week, followed by a continuation of the bullish movement.