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Forexpositive

NZDUSD tm:1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi
by itsbluemorpho
EURUSD: EURUSD analysis todayRecent information confirmed that US client charges fell in April, main to marketplace expectancies of a 50 foundation factor hobby fee reduce this year. However, warning from diverse Fed officers has tempered those expectancies, with buyers now predicting round forty six foundation factors of easing, merely factoring in fee cuts for November. In early buying and selling on Monday, the euro rose barely to $1.087525, drawing close a almost two-month excessive of $1.0895 reached final week. The greenback index, a gauge towards six important currencies, confirmed little change, status at 104.forty six.
Long
by Chart_MasterPro
USDJPY: USDJPY analysis todayDespite the dollar's general weakness against most of its counterparts, it continues to rise against the Japanese yen. The dollar rose 0.12% to 156.245 yen today, after previously reaching 156.80 yen. Japan's long-term yield remains low at 0.955%, even as the Bank of Japan's stance becomes more hawkish and the likelihood of a rate hike in June increases. The dollar's recent peak against the yen on April 29, a 34-year high, prompted suspected interventions from the Bank of Japan and the Japanese Ministry of Finance. . Analysts, including IG's Tony Sycamore, speculate on the possibility of further intervention depending on the outcome of the US CPI report.
Long
by Chart_MasterPro
AUDUSD: AUDUSD analysis todayUBS, a Swiss bank, stated in a May thirteen report: "Historically, May has been a superb month for the greenback. Our seasonal indicator indicates that call for for USD normally will increase in overdue April and peaking in mid-May, with the Euro (EUR), Australian Dollar (AUD) and New Zealand Dollar (NZD) normally maximum affected." UBS added: "More mainly to the overseas exchange (FX) marketplace, that is additionally a signal that the marketplace can also additionally were preserving the USD lengthy for superb costs and as a shielding hedge. This prevents chance sell-offs in desire of the greenback as visible in preceding periods, while the greenback acted as extra of a supply of chance."
Short
by Chart_MasterPro
Hedge Funds Bet on Yen Shorts as BOJ Reiterates InterventionHedge funds are betting big against the Japanese yen, driving short positions to their highest level since April 2022. This aggressive stance comes despite warnings from the Bank of Japan (BOJ) that it will intervene in the currency market again to defend the yen if necessary. The data, compiled by the Commodity Futures Trading Commission (CFTC), shows a surge in net-short yen positions held by leveraged funds. This indicates a strong belief that the yen will continue to weaken. The yen has been under pressure for months due to a widening gap between Japanese and U.S. interest rates. Why the Yen Short Bets? Several factors are contributing to the bearish sentiment on the yen: • Divergent Monetary Policy: The BOJ is maintaining its ultra-loose monetary policy, keeping interest rates near zero, while the U.S. Federal Reserve is aggressively raising rates to combat inflation. This interest rate differential makes yen-denominated assets less attractive to investors, weakening the currency. • Geopolitical Tensions: The ongoing war in Ukraine and heightened global uncertainty are driving investors towards safe-haven currencies like the U.S. dollar, further pressuring the yen. • Intervention Concerns: The BOJ's previous intervention in the currency market in September 2022 to weaken the dollar and strengthen the yen proved to be temporary. The market's perception is that the BOJ may not be able to sustain continued intervention efforts, leading to renewed weakness in the yen. Bank of Japan's Warning The BOJ has reiterated its commitment to defending the yen and warned of further intervention if deemed necessary. Governor Haruhiko Kuroda has emphasized the bank's resolve to maintain its current monetary policy stance, even as the yen weakens. However, analysts remain skeptical of the BOJ's ability to influence long-term currency trends, especially given the strong global forces pushing the yen lower. Potential Impacts The continued decline of the yen could have several consequences: • Imported Inflation: A weaker yen makes imports more expensive, potentially fueling inflation in Japan. • Corporate Profits: Export-oriented Japanese companies could benefit from a weaker yen as their products become more competitive globally. • Investor Confidence: Continued weakness in the yen could erode investor confidence in the Japanese economy. Looking Ahead The future path of the yen is uncertain. The BOJ's resolve and ability to defend the currency will be closely watched. The direction of U.S. monetary policy and global economic conditions will also play a key role. With substantial short bets placed by hedge funds, the yen remains vulnerable to further depreciation. The BOJ's warnings of intervention add another layer of complexity to the situation. The coming months will be crucial in determining the fate of the yen and its impact on the Japanese economy.
Long
by bryandowningqln
XAUUSD BUY STRONG BUY NOW MORE SELL TODAY BUY BUY GOLD CONTINUE Gold probed above for the second time, inflated by increased safe haven demand following Israel’s attack on Iran early Friday Although the spike above the metal’s price reached was so far short lived, near-term focus remains at the upside, as fears of further escalation in the region will continue to fuel demand Technical picture is firmly bullish as indicators are in bullish setup and recent dips were contained by rising XAUUSD BUY NOW_2380_2375 TP_2390 TP_2400 TP_2450 Sl_2368
TVC:GOLDLong
by Gold_Master97