SILVER The Target Is UP! BUY!
My dear friends,
My technical analysis for SILVER is below:
The market is trading on 30.142 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 31.243
Recommended Stop Loss - 29.439
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
Fx
GBPUSD What Next? BUY!
My dear followers,
I analysed this chart on GBPUSD and concluded the following:
The market is trading on 1.2718 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.2765
Safe Stop Loss - 1.2685
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
GBPUSD H4 (Prior to US CPI & FOMC)Considering the scenario that the CPI data is released higher and/or the FOMC presents a hawkish tone, this would mean that the US interest rates could stay high for longer.
This would bring significant strength to the DXY which could see massive downside for the GBPUSD.
However, the GBPUSD has developed a strong support along the 1.27 price level, formed by several swing points and the 23.60% Fibonacci retracement level.
In DXY strength, look for the GBPUSD to break the bullish trend line and the support level before anticipating further downside toward the 61.8% Fibonacci retracement level and support area of 1.25
EURUSD H4 (Prior to US CPI & FOMC)The EURUSD has found support along the 1.0720 price level (with the 61.8% Fibonacci retracement level and the bullish trendline forming a confluence)
If the DXY does weaken with the news tonight, the EURUSD could bounce strongly from the support level to trade higher toward the resistance level of 1.09 (moving similarly to the price action on the 9th of May)
A trigger level for further upside potential would be a break of the 23.6% Fibonacci retracement level.
USDCAD H4 (Prior to US CPI & FOMC)USDCAD has been trading within the range of 1.3590 and 1.3780 since the start of May 2024.
With the price action indicating a potential rejection of the resistance level, weakness in the DXY could see the USDCAD continue to reverse lower.
A consideration as a trigger for the reversal is if the price breaks through the 23.60% Fibonacci retracement level and the previous swing level at 1.3735.
However, the downside is likely to be limited at the 1.3590 price level, due to the 50% and 38.6% Fibonacci retracement level from the shorter and longer term move forming a confluence with the bullish trendline around the support area.
EURUSDGood morning, after yesterday's clearance of the main high-liquidity zone, we got a reaction and shifted the structural context to bullish. This morning, I was looking for positions with targets at the PDH, but unfortunately, there was no suitable setup. In two hours, we have the Inflation Rate news, so I am stepping away from the chart to let the price move as it wants. I wish you the best in staying out of the market as well.
Levels discussed on Livestream 12th June12th June (FOMC Decision Pending)
DXY: Could test and reject 105.60 resistance before trading lower (dovish FOMC) down to 105 support.
NZDUSD: Buy 0.6170 SL 25 TP 45 (DXY weakness)
AUDUSD: Sell 0.6560 SL 20 TP 65 (DXY strength)
USDJPY: Look for reaction at 158 resistance
Buy 158.20 SL 40 TP 115 or Sell 157.70 SL 40 TP 115
GBPUSD: Sell 1.2750 SL 25 TP 60 (DXY strength)
EURUSD: Buy 1.0770 SL 50 TP 120 (DXY weakness)
USDCHF: Sell 0.8950 SL 25 TP 55 (DXY weakness)
USDCAD: Buy 1.3795 SL 20 TP 50 (DXY strength)
Gold: wait for a reaction at 2280 support level
GBPAUD Sell/ShortLooking at a new rejection that seems to have been struggling to break past 1.93100 I can confirm to say this seems like a bearish downtrend that is occurring. I will take my entry now at 1.93072 with all inputs for TP and SL below. Please use proper risk management as always.
GBPAUD Sell/Short
ENTRY: 1.93072
TAKE PROFIT:
TP 1: 1.89317
TP 2: 1.86379
SL: 1.94623
Please use proper risk management upon entering this trade.
EURAUD Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for EURAUD below:
The instrument tests an important psychological level 1.6274
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 - 1.6322
Recommended Stop Loss - 1.6240
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
APPLE Will Collapse! SELL!
My dear friends,
Please, find my technical outlook for APPLE below:
The price is coiling around a solid key level - 196.91
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 188.16
Safe Stop Loss - 201.94
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
BTCUSD The Target Is UP! BUY!
My dear followers,
This is my opinion on the BTCUSD next move:
The asset is approaching an important pivot point 69455
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 -70135
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
CADCHF My Opinion! BUY!
My dear subscribers,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.6511 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6516
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
Levels discussed during livestream 11th June11th June
DXY: retraced and consolidating, looking to trade higher towards 105.60 resistance.
NZDUSD: Sell 0.6115 SL 25 TP 35
AUDUSD: Looking for a reaction at 0.6570
USDJPY: Consolidating, Buy 157.50 SL 20 TP 45 (quick trade)
GBPUSD: Sell 1.2680 SL 20 TP 35
EURUSD: Sell 1.0720 SL 20 TP 45
USDCHF: Look for reaction at 0.9012 resistance
USDCAD: Buy 1.3790 SL 20 TP 50
Gold: Needs to stay below 2315 for bearish downside continuation, strong support at 2280, looking for a bounce
Kiwi H4 | Potential bullish bounceThe Kiwi (NZD/USD) could fall towards a pullback support and potentially bounce off this level to climb higher.
Buy entry is at 0.6101 which is a pullback support.
Stop loss is at 0.6072 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is at 0.6167 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. 68% 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, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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.
A cautious bounce for AUD/USD ahead of US CPI, FOMCFriday's nonfarm payroll report took many by surprise to send the USD dollar sharply higher against all of its major peers. And that clearly took it toll on the Aussie, which suffered its worst day in five weeks. A bearish outside week formed, all thanks to an elongated bearish engulfing candle on Friday.
AUD/USD managed a minor rebound from its 100 and 200-day EMAs on Monday, but it was a public holiday in Australia and China so the move is assume to corrective.
The 1-hour chart shows prices are sitting around the monthly pivot point and 38.2% Fibonacci level, so we're looking for a swing trade short whilst prices remain beneath 0.6630 and for a move down to 0.6560.
EURCAD Massive Short! SELL!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4851 pivot level.
Bias - Bearish
My Stop Loss - 1.4884
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.4805
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
GOLD Massive Long! BUY!
My dear friends,
My technical analysis for GOLD is below:
The market is trading on 2294.0 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2331.3
Recommended Stop Loss - 2271.6
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
USOIL Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for USOIL below:
The instrument tests an important psychological level 75.35
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 - 75.86
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
GBP/JPY H4 | Falling to swing-low supportGBP/JPY is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 197.72 which is a swing-low support.
Stop loss is at 197.00 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is at 200.74 which is a pullback 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. 68% 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, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 61.8% Fibonacci supportThe Aussie (AUD/USD) is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6562 which is a swing-low support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 0.6502 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level.
Take profit is at 0.6633 which is a pullback 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. 68% 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, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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.
Levels discussed on Livestream 10th June10th June
DXY: Consolidating at 105.30, could retrace slightly, looking for a continuation higher to 105.60 resistance
NZDUSD: Test and reject 0.6140, Sell 0.6130 SL 20 TP 50
AUDUSD: Sell 0.6585 SL 20 TP 65
USDJPY: Complete retrace, Buy 156.75 SL 30 TP 65
GBPUSD: Sell 1.2745 SL 20 TP 60
EURUSD: Look for reaction at 1.0720
USDCHF: Buy 0.9030 SL 30 TP 70
USDCAD: Buy 1.3790 SL 20 TP 50
Gold: Needs to stay below 2315 for bearish downside continuation, strong support at 2280
USOIL PULLBACK BEFORE ANOTHER DIP#USOIL As predicted last time, we observed a significant drop following the breakout identified in the bullish channel. Currently, we see consolidation, a bearish impulse, and now a pullback. We anticipate another downward movement once the current bullish impulse concludes. This is expected to retest the recent lows near the major demand zone previously highlighted.