FX:XAUUSD is getting shaken on the background of dollar growth on Monday. A false breakdown is forming relative to last week's high. The trend is bullish, but before the strong news there may be a minute of panic.... Yields on 10-year U.S. Treasury bonds are rising on the back of falling interest rates, boosting the U.S. dollar. This is an unpredictable...
Hello Traders! What are your thoughts on EURUSD ? EURUSD has reached a strong resistance level, and it appears that it may not currently have the strength to break through. In this situation, two scenarios—bullish and bearish—are possible: 1. Bullish Scenario: If the resistance level is broken, a buy position can be taken on the pullback. 2. Bearish Scenario: If...
My current bias for the start of the week is that Gold will start dropping towards $2,600 - $2,590. Price should find support between this zone and buyers will then have enough liquidity to come back into the market. This should then push Gold towards a new ATH of $2,640 - $2,640 where we should see final exhaustion.
23rd September DXY: Currently at 101, could retest bearish trendline and reject to trade down to 100.60. If trendline broken, needs to break above 101.40 for further upside to 101.80 NZDUSD: Sell 0.6195 SL 20 TP 40 AUDUSD: Sell 0.6775 SL 20 TP 65 GBPUSD: Sell 1.3245 SL 30 TP 70 EURUSD: Buy 1.1090 SL 25 TP 90 USDJPY: Sell 143 SL 35 TP 95 USDCHF: Sell...
In todays session we are looking for selling opportunity in Gold. Gold has been a raging beast lately. Todays Asia session has a surprise liquidity sweep, we are anticipating a pullback from this high 2628.27 with stops above 2638.724. Target the 2592 levels. Always use proper risk management and don't risk what you can't afford to loose. Cheers and best of luck, gwg.
As you can see on the 4H TF Gold has smashed our $2,630 target as I said would happen! I'm now currently looking to short the market. When price reaches Wave IV, I'm looking at 2 possibilities; 1. Price slows down & buyers come in again, ready to push Gold towards 1 more new ATH. 2. Sellers smash through Wave IV target & carry on dropping down long term.
DXY is in the middle of the process to make a double bottom, but this hypothesis needs some confirmations, but at this time its bullish
Gold (XAUUSD) is under pressure amid the strengthening U.S. dollar at the start of the week. After briefly testing last week's highs, the precious metal appears to be forming a false breakout. While the overall trend remains bullish, anticipation of significant news may lead to a brief moment of volatility and market anxiety. The rising yields on 10-year U.S....
As dollar index had expierenced waterfall during new on US session and it has stopped over its weekly support and is also forming a falling wedge pattern which is a Bearish Continuation pattern now and it has also completed ABCD waves and going to complete its last E wave if everything goes inline after E Waves it will break down its weekly to daily Support and...
Take a look at our analysis for DXY. Time Frame: 15h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 101.074. Taking into consideration the structure & trend analysis, I believe that the market will reach 102.576 level soon. P.S The term oversold refers to a...
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 101.111 Wish you good luck in trading to you all!
As you can see on the 4H TF Gold has smashed our $2,630 target as I said would happen! I'm now currently looking to short the market. When price reaches Wave IV, I'm looking at 2 possibilities; 1. Price slows down & buyers come in again, ready to push Gold towards 1 more new ATH. 2. Sellers smash through Wave IV target & carry on dropping down long term.
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EUR/USD Post-FOMC Price Outlook Following the recent FOMC meeting, the EUR/USD pair continues to struggle in its attempt to break above the critical 1.1200 resistance level. This area has once again demonstrated its strength, acting as a significant barrier to further upward movement. The price remains in close proximity to this resistance zone, suggesting that a...
The U.S. Dollar Index (DXY) may establish a range-bound trading pattern, indicating a potential resurgence in USD strength. Thank you.
4H Corrective approach towards entry zone. = Instant market execution Sell. 1.5% risk. Aiming to take full profit at Daily TP.
The chart should speak for itself. DXY long term view (tri-monthly data) is conveying shifting trend on the dollar index -- to the downside. Expect more long term correction, as this time frame don't change mind too often. Spotted at 102.25 TAYOR. safeguard capital always.
From a technical standpoint, things are straightforward: both the broader market and shorter timeframes reflect a bullish trend. This alone provides a foundation for crafting a solid strategy. Key approaches could involve either capitalizing on false breakouts or bounces from key support levels, or alternatively, riding the momentum when resistance gives way,...