GOLD The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for GOLD below:
The instrument tests an important psychological level 2515.7
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2504.6
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Fx
AUDNZD On The Rise! BUY!
My dear subscribers,
My technical analysis for AUDNZD is below:
The price is coiling around a solid key level - 1.0824
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0843
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
APPLE Set To Fall! SELL!
My dear subscribers,
This is my opinion on the APPLE next move:
The instrument tests an important psychological level 228.86
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 219.98
My Stop Loss - 233.40
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
Levels discussed on livestream 5th September 5th September
DXY: Currently at 101.25, needs to break 50% retracement level, to trade down to 100.90 (ADP Pending)
NZDUSD: Sell 0.6165 SL 20 TP 60 (if DXY recovery)
AUDUSD: Sell 0.6685 SL 20 TP 45 (if DXY recovery)
GBPUSD: Sell 1.3080 SL 25 TP 100
EURUSD: Buy 1.1105 SL 20 TP 55
USDJPY: Sell 143.20 SL 40 TP 120
USDCHF: Sell 0.8450 SL 20 TP 40
USDCAD: Sell 1.35 SL 20 TP 55
Gold: At 61.8%, if broken, above 2508 could trade up to 2520
USD/JPY H1 | Potential bearish reversalUSD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 143.86 which is an overlap resistance.
Stop loss is at 144.57 which is a level that sits above an overlap resistance.
Take profit is at 143.18 which is a multi-swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Aussie H4 | Falling to overlap supportThe Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6688 which is an overlap support.
Stop loss is at 0.6630 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is at 0.6793 which is an overlap resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUDJPY Trading Opportunity! BUY!
My dear subscribers,
This is my opinion on the AUDJPY next move:
The instrument tests an important psychological level 97.397
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 98.106
My Stop Loss - 96.942
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EURAUD Buyers In Panic! SELL!
My dear subscribers,
This is my opinion on the EURAUD next move:
The instrument tests an important psychological level 1.6446
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.6367
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPUSD Massive Short! SELL!
My dear followers,
I analysed this chart on GBPUSD and concluded the following:
The market is trading on 1.3112 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBearish continuation.
Target - 1.3102
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
USDJPY My Opinion! SELL!
My dear friends,
Please, find my technical outlook for USDJPY below:
The price is coiling around a solid key level - 146.96
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 145.93
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPCAD Trading Opportunity! SELL!
My dear subscribers,
This is my opinion on the GBPCAD next move:
The instrument tests an important psychological level 1.7763
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7748
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
Pre-BoC interest rate decision4th September
DXY: Still in consolidation. Looking for downside, needs to break 101.50 (23.6%), could trade down to 101.15
NZDUSD: Sell 0.6165 SL 20 TP 60
AUDUSD: Buy 0.6750 SL 20 TP 70
GBPUSD: Buy 1.3160 SL 30 TP 60
EURUSD: Buy 1.1080 SL 25 TP 65
USDJPY: Sell 144.70 SL 40 TP 110
USDCHF: Sell 0.8450 SL 20 TP 40
USDCAD: Sell 1.3580 SL 30 TP 60
Gold: Watch 2480-2470 support area,
If held look for bounce, broken could trade down to 2440
USD/CAD H4 | Potential bullish breakoutUSD/CAD is rising towards a potential breakout level and could jump higher from here.
Buy entry is at 1.3575 which is a potential breakout level (wait for the 1-hour candle to close above the Buy Entry for confirmation).
Stop loss is at 1.3517 which is a level that lies underneath a pullback support.
Take profit is at 1.3699 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USD/JPY H1 | Potential bearish reversalUSD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 145.44 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level.
Stop loss is at 146.10 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance.
Take profit is at 144.48 which is a pullback support that aligns close to the 78.6% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USD/JPY: 50% Retracement in Play Arif Husain, the head of fixed income at T. Rowe, is cautioning that volatility threatens the Japanese yen. Husain suggests that the yen carry trade has been unfairly blamed for what may actually be the onset of a larger, more complex trend. The Bank of Japan’s monetary tightening and its broader impact on global capital flows are intricate issues. A significant amount of Japanese capital invested overseas could potentially be repatriated as domestic interest rates rise.
Adding to the yen’s momentum, Bank of Japan Governor Kazuo Ueda reaffirmed on Tuesday that the central bank would continue raising interest rates if economic and inflationary conditions align with its expectations. This statement further bolstered the yen's strength.
As the U.S. trading session begins, USD/JPY is testing the 50% retracement level of the August range. The pair may continue to face downward pressure due to the BoJ’s hawkish stance, even amid the general strength of the U.S. dollar in the broader market.
EURUSD Fall Expected! SELL!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.066 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.1057
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
AUDCHF A Fall Expected! SELL!
My dear subscribers,
My technical analysis for AUDCHF is below:
The price is coiling around a solid key level - 0.5778
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.5741
My Stop Loss - 0.5798
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
SILVER My Opinion! BUY!
My dear subscribers,
SILVER looks like it will make a good move, and here are the details:
The market is trading on 28.352pivot level.
Bias - Bullish
My Stop Loss - 27.917
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 29.195
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
AUDUSD USD Set To Grow! BUY!
My dear followers,
This is my opinion on the AUDUSD next move:
The asset is approaching an important pivot point 0.6733
Bias - Bullish
Safe Stop Loss - 0.6700
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.6784
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
NZDUSD Will Explode! BUY!
My dear friends,
NZDUSD looks like it will make a good move, and here are the details:
The market is trading on 0.6188 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.6238
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Levels discussed on Livestream 3rd September3rd September
DXY: Still in consolidation. Watch the resistance at 102 round number. Looking for downside, needs to break 101.50 (23.6%), could trade down to 101.15
NZDUSD: Sell 0.6205 SL 20 TP 60
AUDUSD: Retracing, could retest 0.68 resistance level
GBPUSD: Buy 1.3170 SL 40 TP 90
EURUSD: Look for reaction at 1.10 round number support level
USDJPY: Sell 145.70 SL 250 TP 80
USDCHF: Could trade higher, look for reaction at resistance level
USDCAD: Could trade lower, look for reaction at support 1.3440
Gold: Choppy price action, until 2508, beyond that, could trade up to 2520
AUDJPY - Swing Short IdeaIn Monday (start of the new week) price swept previous week high liquidity (orange line) and show willingness to go lower by breaking the 4H structure.
So the following week I would expect to see price trades lower, potentially even to opposing liquidity pool like previous week low (orange line)
Thanks you and have a nice trading week! LFG!