USDJPY strong sell opportunity Having said that ceilings are meant to be broken If it happens it would take the USDJPY to the highest Level
Forextradingzones
XAUUSD SELL very easy fall big opportunity more fall soon XAUUSD While there were some hawkish elements in the guidance such as the upward revision to the long run equilibrium rate traders chose to focus on the near term future and very easy fall soon gold
GBPJPY sell opportunity more falling GBPJPY selling expected at the last meeting removing the tightening bias but reaffirming that they will keep low
AUDUSD now coming falling in my target see this So buyers had a shot on the rise after Australia employment data That shot failed against the topside trendline and the subsequent move back between the cluster of movingly averages
EURUSD buy opportunity more bullish EURUSD Therefore the pair may resume the down ward trends sincerely it has formed a break and retest pattern If this happened the next point to watch
XAUUSD BUY opportunity strong bullish big buy yesterday broke above the counter trendline and rallied strongly as the buyers piled in aggressively following the Fed decision and the breakout The price is now a bit overstretched As depicted
Xauusd buy all time high XAUUSD will hold its March meeting this week Although the central is largely expected to keep its policy settings unchanged the institution led by Jerome Powell could modify its forward guidance and adjust its outlook in the quarterly summary of economic projections in light Of gold
EURUSD sell big fallThe pair has dropped below the lower side of the ascending channels which connects the lowest swing sincerely It has moved below the Period Arnaud Legoux Moving Average
Gbpusd let's go selling strong falling and the daily 21 moving average. This is where we can expect the buyers to step in with a defined risk below the support to position for a rally back to the highs The sellers on the other hand will want to see the
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
Gbpusd buy mostly bullish The GBP/USD pair continued to rebound after the latest UK GDP numbers showed that the economy returned to growth
EURUSD buy opportunity still bullish EURUSD Jerome Powell hinted that the Fed was convinced that inflation was still bullish and that The bank was hopeful that it would start cutting rates later this year
Btcusd buy opportunity strong bullish I am happy to hold a long position and I think it is wisest to look for long trades. Two consecutive higher hourly closes above the all time high of $73054 could be a good entry
signals
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
GOLD ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
PIPTASTIC finish to the week completing our chart idea!!!
Yesterday we stated that we had the break above 1999 opening 2007 and 2010.
- Both these targets were hit with plenty of time to get in for the action, inline with our plans to buy dips.
We will now come back Sunday with our multi timeframe analysis, Gold route map and trading plans for the caning week.
Please don't forget to like, comment and follow to support us, we really appreciate it!
Have a great weekend with family and loved ones!!
Mr Gold
GoldViewFX
Gold rain fall coming read the caption Gold rises despite the United States Bureau of Economic Analysis (BEA) has reported that the economy grew at a higher pace of 3.2% against 3% as anticipated by the market participants. In the July-September quarter, the Gross Domestic Product (GDP) rose strongly by 4.8%. An upbeat GDP data is expected to weaken the consensus argument advocating early interest rate-cuts by the Federal Reserve (Fed).
AUD USD TRADE SET UP AUD USD has broken out of a falling wedge pattern and closes above with 2 candle stick confirmation patterns
But there is USD News coming at NY session
Anyways i will keep holding my longs.
GOLD DAILY CHART MID TERM PROJECTIONHey Everyone,
Please see our daily chart update which we have been tracking all month. Once again true perfection alongside our smaller timeframe analysis.
EMA5 cross and lock above 2043 confirmed the 2089 target on this chart with plenty of time to get in for the action, which was completed last week and respected perfectly.
We will now either see resistance here for a test at support on the channel half line or a break above the channel top will break into a new range above.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our algo generated levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top
Please don't forget to like, comment and follow to support us, we really appreciate it!
MR GOLD
USDJPY: Asian foreign exchange market calms down, US dollar recoMost Asian currencies fluctuated in a narrow range on Wednesday, but the dollar pared recent gains after some Federal Reserve officials warned against betting the central bank would stop raising interest rates. Expanded.
This will focus attention on Fed Chairman Jerome Powell's upcoming speech as markets look for further signals on U.S. monetary policy.
Sentiment towards Asian markets remains subdued as traders remain nervous about hawkish signals from the Federal Reserve. Signs of continued weakness in China's economy also have traders wary of regional markets.
The Japanese yen fell 0.1%, remaining above 150 yen to the dollar, with dovish signals from the Bank of Japan and a strong dollar providing little support. The weak currency has traders bracing for possible foreign exchange market intervention by the Japanese government aimed at strengthening the yen. Japan's cabinet issued a series of verbal warnings against such moves in October.
BTCUSD: November 9 Technical Analysis of BTCThe rise in Bitcoin (BTC) has paused at $36,000, but bulls are not in a hurry to cash in. The number of long-term holders (addresses holding Bitcoin for at least 155 days) is close to an all-time high, while the number of short-term holders (addresses holding coins for less than 155 days) is currently at an all-time low, according to Glassnode analysis, indicating that the supply of Bitcoin is getting tighter.
Although the long term appears promising, there may be difficulties in the near future. The open interest in the Bitcoin futures market has increased significantly, surpassing $16 billion as of this writing, based on statistics from CoinGlass. Contributor J.A. Maartunn of the on-chain analytics tool CryptoQuant emphasized on
While the price of Bitcoin could drop
USDCHF: The USD fell on hopes that the Fed would stop raising inAs traders reinforced their wagers that the Fed would stop hiking interest rates, the USD index and dollar index futures both dropped 0.5% in Asian trading, prolonging losses from the previous day.
Chairman Jerome Powell adopted a less hawkish posture than markets had anticipated by admitting that monetary conditions had tightened somewhat in recent months, even as the Fed maintained interest rates unchanged as anticipated. That.
Powell does not completely rule out raising interest rates one more time. But the market saw his remarks as a signal that the Fed will no longer be raising interest rates and will probably be cutting them by the middle of 2024.
However, rates are predicted to stay over 5% until at least the end of 2024, even if the Fed decides not to raise rates any further. This implies a constrained upside.
USDCHF: The market waits for the announcement of US government Due to investor demands for compensation for interest rate and geopolitical risks, as well as worries about oversupply as the Fed tightens monetary policy, both the bond and equity markets are volatile.
Because of this, the market will be much more interested in the capital mobilization announcement on November 1st, including details about the scope and duration of the bond bidding.
According to Josh Emanuel, chief investment officer at Wilshire, "the cause of volatility in bond yields is the imbalance between supply and demand in the market today." While some believe that Fed communications are less significant than issues, I believe that both are crucial.
Why EurUsd will drop 1500 pipsHello Traders and Investors,
My name is Philip and I am a German swing-trader with over 4 years of trading experience.
I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings.
I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a get rich quick scheme.
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Today I want to share with you my outlook on EurUsd:
Since the beginning of 2007, EurUsd has been trading in a pretty solid downtrend, always rejecting the upper and lower trendline of the descending channel. With the recent break and retest of the $1.095 structure level, market structure is now definitely back to bearish.
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Most of the people always follow the quick money. But the quick money is never the big money.
They think that making 5% a month consistently is reasonable, which is one of the reasons why so many traders fail.
The only think which you can control is your risk, everything else is unknown.
Keep your long term vision!
