GOLD BUY OR SELL IMPORTANT ANALYSIS?Technical Analysis: Currently, gold is trading at $2771, showing signs of potential volatility in the near term. The price has recently faced resistance around $2785 to $2790, which suggests that a correction may be imminent. I anticipate a retest of key support levels at $2758 or even $2748 before a possible rebound. Should the price maintain above these support zones, we could see gold push higher, targeting those upper levels again. Conversely, if selling pressure persists and we break below $2748, the next support level to watch would be $2730.
Fundamental Analysis: On the fundamental side, gold's movements are heavily influenced by macroeconomic factors such as interest rates, inflation expectations, and geopolitical tensions. Recent economic data points, such as inflation reports and employment figures, have created uncertainty in the markets. This backdrop has historically driven investors towards safe-haven assets like gold. If ongoing economic indicators continue to signal instability, we may witness renewed buying interest in gold, pushing prices higher. However, if the Federal Reserve maintains its aggressive stance on interest rates, this could exert downward pressure on gold, reinforcing the need to monitor these developments closely. Let’s see how gold plays out in the coming sessions!
Freetelegram
NZDJPY: my multi-time frame analysisHi Traders,
This is my view on this pair for the next days on #NZDJPY
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
NASDAQ: my multi-timeframe overviewHi Traders,
This is my view on this pair for the next days on #NASDAQ
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
NZDCAD short from 0.8925Hi Traders,
This is my view on this cross for the next few days.
#NZDCAD
SELL 0.89250
SL 0.9006
TP 0.8757
FIRST, WAIT FOR THE PRICE TO RETEST THE STRUCTURE
TAKE A LOOK TO MY MULTI-TIME FRAME ANALYSIS IN THE COMMENT SECTION BELOW
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Trading Kitchen
SELL LIMIT GBPUSDWe set a sell limit at the price of $1.3970 support which according to our analysis we believe will not be exceeded. The price could go up to $1.4002 at the most, but from there it could go down.
📊GBPUSD
BUY PRICE: 1.3970
TP: 1.3940
TP:1.3890
SL: 1.4010
R/R: 1/2
Signed by: FxProfitSignals Group
XAUUSD IDEAHello traders.
we see that gold is currently at a strong level of support and brake it below.
also wee see a bullish candlestick that has been formed.. this could indicates a retest of the area and then a movement to the downside.(Short)
second case.. buyers will take control price will go up then comes back for the retest (LONG)
SELL NZDUSD (Resistance touched)NZDUSD after oscillating for about a week by the resistance that established the price after several weeks of lateralization, in price we do not see any kind of stimulus that can cause a break of this resistance established at 0.7226. We take this opportunity to go short and gain a few pips.
📊NZDUSD
SELL PRICE: 0.7226
TP1: 0.7200
TP2: 0.7150
SL: 0.7266
Signed by: FxProfitSignals Group
EURJPY SELL IN Resistence at 127.25EURJPY follows an uptrend, after different technical indicators, the price is going to take to the resistance at 127.25, from there we expect the price to retrace and change the trend.
📊EURJPY
SELL PRICE: 127.25
TP1: 126.90
TP2: 126.42
SL: 127.75
Signed by: FxProfitSignals Group
LETS START 2021 OFF WITH A BANG GJ ANALYSIS VIA HIGHER TIMEFRAMEAshFX is back in action ready to smash 2021, hope you all had a great Christmas and new year!
So looking at the higher timeframe we can see price did break out of a daily key zone, we closed above the level with strong bullish candles.
We have a H4 resistance level highlighted in grey, we had a break and retest on this level on the H1 timeframe.
I believe momentum is to the upside and we could target the 141.800 area maybe even higher.
All this being said it really depends how the market opens and what the London session is looking like come Monday morning, price action is king after all, i will trade what i see not what i think.
CONSIDER FOLLOWING THIS PAGE FOR TRADE IDEADS THROUGHOUT THE YEAR,
BEFORE YOU GO MAKE SURE YOU CHECK OUT THE BOTTOM OF THIS PAGE!!!
Good luck, stay blue,
Ash.
EUR/JPY Divergence to the downside Price is at a significant level a strong H4 resistance, overall market direction is to the downside, now we have bearish divergence aswell.
I will be looking for strong rejections at this level on a smaller timeframe, target the previous low.
Consider following my tradingview page,
CHECK OUT THE BOTTOM OF THIS PAGE,
Good luck, stay blue,
Ash.
GBP/JPY WILL FILL THIS WICK MONDAY/TUESDAY JUST WATCHRetail traders we're trapped when price broke out of the channel/resistance area.
Wait for the break and retest of the H4 resistance before looking for buying opportunities.
Expect price to at least fill that wick, id suggest take 80% profits at that level and leave the rest of your position as a runner, stop loss to breakeven.
Consider following my tradingview page,
CHECK OUT THE BOTTOM OF THIS PAGE,
Good luck, stay blue,
Ash.
AUD/JPY SHORTAs you can see the key level on the daily time frame has been well respected and rejected multiple times. I believe now price could possibly be in a downtrend/channel to the downside.
Currently price is at a strong H4 resistance, i will be looking for a clean break and retest before looking to short the pair, overall targets should be set at the next key level.
Consider following my tradingview page,
WHILST YOUR HERE CHECK OUT THE BOTTOM THE PAGE!!
Good luck, stay blue,
Ash.
EURJPY WILL BREAK BELOW LAST WEEKS VACCINE NEWS IMPULSIVE CANDLELast week the majority of currency pairs were affected by the release of the vaccine news causing huge moves in the market.
EUR/JPY hit the top of this descending channel and also had huge rejections of the major H4 resistance level.
I believe through out this week price will continue with the push to the downside, ill only be looking for sell opportunities,
Consider following,
CHECK OUT THE BOTTOM OF THIS PAGE,
Good luck, stay blue,
Ash.
SUPPORT LEVEL WILL BE THE DECIDING FACTOR IF WE GO BULL OR BEAR Waiting to see how price reacts to this major support level, if it holds and we get multiple rejections ill look for buys, if we break it ill be looking for a retest and rejections to continue to the downside.
whats your thoughts on this pair?
Consider following my tradingview page,
CHECK OUT THE BOTTOM OF THIS PAGE,
Good luck, stay blue,
Ash.
EUR/JPY to continue to the downside, Fibonacci is keyEUR/JPY is in downtrend on the smaller tf, we can see we are in this bearish channel, im waiting for a pull back into our golden zone, entry will be on M15/M5, potentially targeting the bottom of this channel.
Consider following this page,
CHECK OUT THE BOTTOM OF THIS PAGE,
Good luck, stay blue,
Ash.
EUR/CAD possible shortWe are just waiting for a break of structure to the downside to confirm the trend is still bearish, entries will be on a smaller timeframe with a pull back, waiting for rejections at our golden zone.
if you want more analysis please leave a like and follow this page,
PLEASE CHECK OUT THE BOTTOM OF THIS PAGE!
Good luck, stat blue,
Ash.
AUD/USD LONGSSo as of right now AU is very bullish, its been pushing to the upside for sometime now. We have a H4 trend channel that is been respecting since the initial push, and now we have major H4 support level that's being well respected also.
How will i enter enter the trade?
I'll be waiting for some sort of pull back into that channel, hopefully lining up with our fibonacci golden zone, fibonacci either drawn on the M30 OR M15 which ever one is best suited to price at the time.
Consider following my tradingview page,
MAKE SURE YOU CHECK OUT THE INFO AT THE BOTTOM OF THIS PAGE!!
Good luck, stay blue,
Ash.
AUD/JPY SHORT IDEAPrice is in a clear downtrend, this trendline is being well respected with multiple rejections as we continue to the downside.
I'll be waiting for price to break this resistance level and look to get in on a fibonacci pull back into our golden zone.
Consider following my tradingview page to get notified every time I drop a post,
DO ME A FAVOUR CHECK OUT THE BOTTOM OF THIS PAGE!!
Good luck, stay blue,
Ash.