GBPJPY sell opportunity strong and big fall soon GBPJPY falling soon which is generally considered a signal of weakening momentum often followed by pullbacks or reversals In this case it might be a signal for a pullback into the lowered bound Of the channel but we will need a catalyst to kick off such a big corrections
Forexsignal
Gold sell zone 2206.00 - 2209.00XAUUSD GOLD Update
Gold sell zone 2206.00 - 2209.00
TAKE PROFIT 01 : 2201.00
TAKE PROFIT 02. 2196.00
STOPLOSS 2212.00
When hitting targets:
Set Break-Even after 35-40 pips.
Partial close at 1st target or book minimum 40-50 pips.
Implement minimum 2 layers in the zone.
Stay sharp, stay savvy. Let's conquer those markets together
btcusd sell signal
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis.
Bitcoin Price (BTC) Real-Time Live Price
Bitcoin has rallied by around 12% since Sunday’s opening print as demand for the largest cryptocurrency by market cap continues to increase prices. A technical, bullish, break of a short-term descending channel now suggests that Bitcoin will attempt to make a fresh record high in the near-term and likely ahead of next month’s halving event. Any pullbacks will find initial support around SWB:69K before just under FWB:65K comes into focus. The Average True Range (ATR) reading is at a multi-month high, while the CCI indicator shows Bitcoin nearing overbought territory. The chart set-up suggests Bitcoin will move higher over the coming days but a short-term turn lower cannot be discounted. confirm btcusd sell signal
gold buy chartFollowing a quiet Asian session, Gold turned north and advanced to $2,180 in the American session. Although the benchmark 10-year US Treasury bond yield stays in positive territory above 4.2%, the selling pressure surrounding the USD supports XAU/USD.
The daily chart for the XAU/USD pair shows that bulls retain control. The bright metal develops above all its moving averages, with the 20 Simple Moving Average (SMA) heading firmly north below the current level while above also bullish 100 and 200 SMAs. At the same time, technical indicators have turned flat within positive levels after correcting extreme overbought conditions, reflecting absent selling interest.
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
gold buy now 2174
TP1 2180
TP2 2190
TP3 2200
SL 2150
Selling strategy today, downtrendWorld gold prices increased with spot gold increasing by 7.5 USD to 2,170.8 USD/ounce. Gold futures last traded at 2,173 USD/ounce, up 13.2 USD compared to yesterday morning.
Prices for the yellow metal rose slightly in early trading as investors awaited key economic data and comments from US Federal Reserve (Fed) officials this week for further confirmation. loosening monetary policy of the US Central Bank.
The market is currently waiting for weekly initial jobless claims data to be released on March 28 and core personal consumption expenditure index (PCE) data expected to be released. the day after that. However, because the market will be closed this Friday as the US closes for the Good Friday holiday, PCE data will not have an impact on gold until early next week.
Research expert Kunal Shah of Nirmal Bang Commodities predicts that US inflation indicators will have a significant impact on the gold market. According to him, any PCE figure lower than expected will weaken the USD and push up gold prices and vice versa.
GOLD 1H CHART ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Great start to the week with our chart idea off to a flying start!!!
We got our open target to 2167 hit followed with a cross and lock above 2167 opening 2175 and 2181 - Both these targets were hit perfectly after the confirmation.
We will ow look for support above 2167 for a continuation and retest on the levels above until we see a lock above 2181. However, failure to support above 2167 will see the 2158 support gap filled and a break and lock below 2158 will open the retracement range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2167 - DONE
EMA5 CROSS AND LOCK ABOVE 2169 WILL OPEN THE FOLLOWING BULLISH TARGETS
2175 - DONE
2181 - DOME
BEARISH TARGETS
2158
EMA5 CROSS AND LOCK BELOW 2158 WILL OPEN THE RETRACEMENT RANGE
2148
EMA5 CROSS AND LOCK BELOW 2148 WILL OPEN THE SWING RANGE
SWING RANGE
2138 - 2125
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
xauusd longGold drops below $2,170, clings to small weekly gains
Gold trades deep in negative territory below $2,170 on Friday as the persistent USD strength doesn't allow XAU/USD to benefit from declining bond yields. The pair still looks to post small weekly gains after having pulled away from the record high it set above $2,220 on Wednesday.
Gold Price: Current Pricing, Prices Chart & Rate Graph
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
gold now buy 2165
TP1 2170
TP2 2180
TP3 2200
SL 2140
BTCUSD strong sell opportunity big fallThe dynamics of Bitcoin trading are ever changing and the failed breakout on The 1-hour chart is a a stark reminder of the volatility and uncertainty inherent in cryptocurrency markets Whether Bitcoin will bounce back or continue its descent is a question only time will answer For now traders should brace for a potential test of the green support line and prepare their strategies accordingly Stay vigilante keep an eye on the key levels and trade with discipline
⚠️EURUSD Analysis(Falling Soon)⚠️🏃 EURUSD is moving near 🔴 Heavy Resistance zone($1.1185-$1.0980) 🔴and Resistance lines and 🟡 Potential Reversal Zone(PRZ) 🟡.
🌊According to the theory of Elliott waves , EURUSD seems to have succeeded in completing the corrective Zigzag(ABC/5-3-5) inside the Ascending Channel .
🔔I expect EURUSD to move towards the 🟢 Support zone($1.0920-$1.0870) 🟢after breaking the 🟢 Support zone($1.0810-$1.0757) 🟢.
Euro/U.S.Dollar Analyze ( EURUSD), 4-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
USDJPY possible double top#usdjpy price testing resistance level 151.70-90 which is high level of last year 2023. price need energy to fall down side for 148.90 & 148.00. time requires in building energy. suspect price will hold the resistance level to make double top. stop loss above the resistance level as 152.10, entry level 151.25 & 151.75. target: 148.90.
GBP/JPY: Assessing Market Sentiment for Reversal SignalsGBP/JPY Poised for Reversal Amidst Diverging Correlation with GBP/USD
GBP/JPY experienced a robust bullish rally in recent days, surging to the 193.5200 level after the FOMC announcement. However, signs suggest that the pair may be gearing up for a retracement. Interestingly, the correlation between GBP/USD and GBP/JPY appears to be diverging, particularly evident in the H4 timeframe where their movements are typically less correlated. While we anticipate a long setup in GBP/USD, our focus in GBP/JPY is on a potential reversal, possibly indicating a deep correction.
Looking ahead, investors will closely monitor the Bank of England (BoE) policy announcements and key US economic indicators, including the weekly Initial Jobless Claims and S&P Global's preliminary Manufacturing and Services PMI data for March. Concurrently, US stock index futures indicate gains ranging between 0.4% and 0.9%, suggesting a positive market sentiment. Absent any unfavorable data surprises, continued risk appetite in the market following the opening of Wall Street could exert additional downward pressure on the USD.
With these factors in mind, we are eyeing a reversal scenario in GBP/JPY, anticipating potential downside movement in the pair.
GOLD BUY CONFIRM SIGNAL 100% Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast
Gold price edges lower on Friday amid some follow-through US Dollar buying interest. The Fed’s projected three rate cuts in 2024 will likely cap the USD and limit losses for the metal. Traders look forward to Fed Chair Jerome Powell’s speech for short-term opportunities
Gold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and trades just above the $2,200 round-figure mark during the first half of the European session, still up for the second straight day. The prevalent risk-on environment – as depicted by a generally positive tone around the equity markets – prompts some profit-taking around the safe-haven precious metal. Apart from this, a modest uptick in the US Treasury bond yields turns out to be another factor undermining the commodity amid slightly overbought conditions on short-term charts.
gold buy 2174
tp1 2178
tp2 2182
tp3 2200
tp4 2210
tp5 2220
sl 2150
Gold plummeted after a record riseWorld gold prices decreased slightly with spot gold down 5.1 USD to 2,181 USD/ounce. Gold futures last traded at 2,183.9 USD/ounce, down 5.6 USD compared to yesterday morning.
Although almost unchanged compared to yesterday morning, the price of the yellow metal has dropped sharply during the day. On March 21 (US time), gold continuously conquered record highs thanks to the dovish speech of the US Federal Reserve (Fed) at the latest policy meeting. The precious metal hit an all-time high of $2,222.39 per ounce as the Fed signaled it would continue to cut interest rates three times in 2024 despite rising inflation.
Despite rising inflation, Fed Chairman Jerome Powell still said that the US Central Bank has the ability to reduce interest rates by three-quarters of a percentage point by the end of 2024. However, the Fed's decision will depend on data. The economy is here. The Fed's stance pushed the dollar to its lowest level in a week, while also causing US 10-year Treasury yields to fall. Meanwhile, gold prices continuously increased.
Witnessing strong buying force after the meeting, Reuters technical analyst Wang Tao optimistically predicted that spot gold could retest the resistance level at 2,222 USD/ounce. If this threshold is broken, this precious metal can conquer levels in the range of 2,228 - 2,234 USD/ounce.