Forexpositive
Xauusd sell very fall soon Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specifics issuer Or government
Xauusd buy strong Markets got overexcited by Powell’s comments, providing bullish investors with a reason to drive XAU/USD upwards. However, the picture has begun to change over the past few sessions, with a new storyline unfolding in the wake of disappointing consumer price data, revealing a stark reality: progress on disinflation is stalling and possibly even reversing
Audusd big Bull read the caption The next AUD/USD news to watch will be the upcoming US initial and continuing jobless claims numbers. Expectations are that initial jobless claims rose to 218/7k last week. These numbers will be followed by the latest existing home sales. Existing home sales are expected to come in at 3.95 million in January.
The other important data will be the flash manufacturing and services PMI numbers by S&P Global. The report
USDCAD 1H BUY ORDER AT 1.358300USDCAD 1H The pair moved with horizontal resistance level. 1.3275 We can see the price had a fakeout. 2 Times retested with support. The best way to use this opportunity is to place a Buy order with,
🗣 BUY ORDER AT 1.358300
🗣 TAKE PROFIT 01 1.36000
🗣 TAKE PROFIT 02 1.36300
🗣 STOP LOSS AT 1.3530
The upcoming news will not influence your orders within the mentioned period.
GBPUSD SELL ORDER AT 1.27000GBPUSD 1H The pair moved down to the Support level of 1.2647. The best way to use this opportunity is to place a Sell order with,
🗣 SELL ORDER AT 1.27000
🗣 TAKE PROFIT 01 1.26800
🗣 TAKE PROFIT 02 1.26500
🗣 STOP LOSS AT 1.27500
The upcoming news will not influence your orders within the mentioned period.
EURUSD: The Euro edged higher ahead of the eurozone CPIIn Europe, EUR/USD traded 0.1% higher at 1.0813, ahead of the release of eurozone CPI figures for February, which are expected to show another reflation in the region .
Data released on Thursday showed consumer prices fell slower than expected in France but faster than expected in Germany. Economists are expecting annual growth of 2.5% in February, down from 2.8% in January.
ING added: “A deviation from expectations could cause short-term fluctuations in eurozone and eurozone rates, but would not really have a major impact on the story told by Christine Lagarde and the Council The governor will repeat it next week.”
The European Central Bank meets next week and while no policy changes are expected, the bank could hint at an interest rate cut later this year.
Analysis update on CADJPY [ 28 February 2024]this is an update from yesterday CADJPY analysis, as yall can see price went in the predicted direction. I'm honestly expecting more sells but anything can happen. I'll keep yall updated. Please keep in mind these are not signals and I don't provide financial advice or sell anything, I just enjoy analysing my charts and being active in the market. Yall can use my videos as ideas and please feel free to comment , share your ideas and tips. Please like and subscribe. Thank You.
#forex #forextrading #CADJPY #money #falconfx #happyfx
analysis update on USDJPY ( 28 February 2024 )this is an update from yesterdays USDJPY analysis, as yall can see price went in the predicted direction. Now I'm expecting sell entries soon but lets not get our hopes up anything can happen. Ill keep yall updated. please keep in mind these are not signals and I don't provide financial advice or sell anything, I just enjoy analysing my charts and being active in the market. Yall can use my videos as ideas and please feel free to comment , share your ideas and tips. Thank you.
#forex #forextrading #USDJPY #money #falconfx
Today XAUUSD Setup | GOLD 26th of February 2024Today XAUUSD Setup | GOLD
26th of February 2024
01 : Around BUY 2025 TP 2035 - 2030
02 : Around SELL 2040 TP 2035 - 2030
03 : Around BUY 2010 TP 2015 - 2020
04 : Around SELL 2055 TP 2045 - 2050
05 : GOLD Broke 2040 - BUY Trade 2045 - 2050
06 : GOLD Fell below 2025 - SELL Trade TP 2015 - 2010
07 : GOLD Fell below 2010 - SELL Trade TP 2005 - 2000
SGDCHF Bullish with trade callSGD_CHF shows a *Uptrend*.
📊 Current Price: 0.6554
🎯 Entry Prices:
Entry Price 1: 0.6536
Entry Price 2: 0.6522
Entry Price 3: 0.6508
Entry Price 4: 0.6488
🛑 Exit Prices:
Exit Price 5: 0.6772
Exit Price 6: 0.6891
Exit Price 7: 0.7009
Exit Price 8: 0.7083
⛔ Stop Loss: 0.6453
We can Clearly see we've had a nice down trend where had a double bottom and have been going back high ever since. We've broken through the bottom fib channel which is a good sign for more continuation back upward. We also have been having recognizable positive volume along with a Golden Cross on the Daily Very imminent The MACD is Showing Bullish and the ADX is 24 showing some Trend Strength.
AUDUSD IMPULSE LEG SOON! Don't MISS IT. The US DOLLAR is about to see a SELL OFF soon. We are looking at AUDUSD LONG to take advantage of the US DOLLAR drop.
#1 We expect the rally to begin from the current leg and SL below the key zone.
#2 We expect a sweep of the last LOW before the IMPULSE LEG begins.
Overall we are looking at a potential ride of about 250pips.
DON'T MISS IT!
EURUSD NEXT WEEK Current situation 4H,EURUSD NEXT WEEK Current situation 4H,
The price reached 1H resistance level and rejected. According to 4H, Confirmed resistance level still in position 1.08966
Sell opportunity Is 1.0180 level in 1H time frame. Buy opportunity located at 1.0724 1H and H4 Support. Stop arrange according to your margin.
Key level update,
Resistance | 1.08966 | 1.10096 | 1.11402
Support | 1.0724 | 1.0655