Gold (Xauusd) Entry LevelsAt the current price of 2517, we can consider a risky trade with a stop loss of only 10 pips. It is advisable to use a small lot.
Buy limit 2516
SL: 2515
TP1: 2524, TP2 2528
Today's Entry Levels:
If today's price breaks above 2030 level, it is likely to reach 2050. We can enter a buy trade after confirmation. We will keep you updated.
If the price moves downward, we can consider buying at the 2500-2503 levels due to several rejections at this price and order brokers. If the price breaks this level, we can consider a selling trade and find an entry. We will provide updates after confirmation.
Ict
XAUUSD Trading for 12 Sep 2024 Didn't manage to post my trade idea earlier but this is a sell trade I took earlier today after price took out the buyside liquidity and reversed from the 50% level of the long wick marked by the dark red line. Have closed my sell trades and looking for new opportunities. Still prefer to see price drop all the way down to take out the ITL (intermediate term low below.
Note how XAUUSD have been stuck in a tight range on the weekly/daily which presents good opportunities to buy at the bottom discount or sell at the top premium.
AUD_USD RISKY SHORT|
✅AUD_USD is retesting a resistance level of 0.6700
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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CHF-JPY Risky Long! Buy!
Hello,Traders!
CHF-JPY fell down sharply
Then hit a horizontal
Support level of 166.517
And we are already seeing
A local bullish rebound so
We will be expecting a
Further bullish correction
Buy!
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WEEKLY FOREX FORECAST SEP 9-13th USD EUR GBP AUD NZD CAD CHF JPYThis is Part 1 of the Weekly Forex Forecast for SEPT 9-13th.
In this video, we will cover:
USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY
Enjoy!
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
EURUSD: Local Correction Ahead! Buy!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.10368
Wish you good luck in trading to you all!
SILVER: Strong Bearish Bias! Sell!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 28.49158$
Wish you good luck in trading to you all!
DXY: Market Is Looking Down! Sell!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 101.416
Wish you good luck in trading to you all!
GOLD: Move Up Expected! Buy!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,516.779$
Wish you good luck in trading to you all!
GBP/USD AnalysisFundamental Overview:
UK Employment Data: The latest employment figures from the UK show a slight improvement in the ILO Unemployment Rate, down to 4.1% from 4.2%, and a significant increase in Employment Change to 265K. However, wage inflation (excluding bonuses) has eased to 5.1% from 5.4%, reflecting slower growth in wages. Although these figures offered some short-term support to GBP/USD, the pair struggled to maintain its gains due to a broader risk-averse sentiment in the market. The UK’s FTSE 100 index is also down, signaling cautious sentiment among investors.
US Economic Outlook: The lack of high-impact data from the US economic calendar on Tuesday provides little momentum for GBP/USD to attract buyers. Investors are awaiting Wednesday’s US Consumer Price Index (CPI) report for August, which could influence the Federal Reserve's future monetary policy decisions. If the CPI report signals persistent inflationary pressures, it could strengthen the US Dollar further and weigh on GBP/USD.
Market Sentiment: The risk-averse atmosphere, likely driven by concerns over global economic conditions, has limited any significant recovery in GBP/USD. This has kept the pair on the back foot, with traders focusing on the upcoming US CPI report as a potential catalyst for the next move.
Technical Outlook:
Downside Levels: GBP/USD is testing critical support levels as it extends its decline toward 1.3050. The 1.3040 level, which corresponds to the 38.2% Fibonacci retracement of the latest uptrend, serves as the next key support. A break below this could push the pair toward 1.3000, a psychological and static level, and further down to 1.2965-1.2970, which aligns with the 50% Fibonacci retracement and the 200-period Simple Moving Average (SMA).
Upside Resistance: On the upside, immediate resistance lies at 1.3100 (static level), followed by 1.3130, where the 20, 50, and 100-period SMAs converge with the 23.6% Fibonacci retracement. A sustained break above 1.3130 could trigger a recovery toward 1.3200, another psychological and static level.
SILVER: Local Correction Ahead! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 28.69500$
Wish you good luck in trading to you all!
GOLD: Strong Bearish Bias! Sell!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,495.049$
Wish you good luck in trading to you all!
DXY: Market Is Looking Up! Buy!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 101.957
Wish you good luck in trading to you all!
EURUSD: Move Down Expected! Sell!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 1.10143
Wish you good luck in trading to you all!
Long Position for BitcoinIn the range of 53,600 to 55,400 dollars, you can think about a position to buy bitcoin. Get confirmation of this position in 1H time frame.
INTRY: 53600 to 55400
Stop Loss: 52300
TP1: 58200, TP2: 61100, TP3: 64000, TP4: 66800
Footnote: Position number 1 is related to the previous analysis.