Gold made a big up move, clearing all liquidity and creating new highs. However we are not surprised. The next few months we will see a strong dollar. Todays session we are monitoring gold for sell positions. This will be likely the turning point for a much anticipated correction towards 2400 and below (Long term). Stops can be put at 2580 or 2590. Targets below...
The US Dollar Index (DXY) experienced daily losses yesterday, following the release of softer-than-expected labor and inflation data. Despite these immediate setbacks, the broader outlook for the US economy remains positive, with recent indicators highlighting a level of growth that continues to exceed forecasts. The market’s reaction to the data, however, has...
Hello Traders! What are your thoughts on EURUSD? This currency pair is currently positioned below a key resistance zone. It is expected that after a brief upward correction, it will likely decline towards the specified level. Additionally, the European Central Bank’s monetary policy meeting, scheduled to take place in the coming hours, could serve as a key...
Hello Traders! What are your thoughts on AUDUSD? This currency pair has broken its support zone and is currently trading below it. It is expected to decline towards the identified levels after completing a pullback to the broken zone. If you found this analysis helpful, don’t forget to like and share your thoughts in the comments! ❤️
FX:XAUUSD FX_IDC:XAUUSD PEPPERSTONE:XAUUSD 📊 Analysis Overview: We're seeing a potential completion of the 5th wave in this Elliott Wave structure, signaling a possible end to the bullish momentum. A corrective move down is expected to follow soon. 🔺 Rising Wedge Formation: The price is currently testing the resistance of a rising wedge, a bearish...
Although I'm already short on Gold from $2,526 I have warned on my previous sell analysis that we might see early sellers get shaken out the market through volatile price action. We might see 1 more ATH on Gold towards the $2,540 - $2,550 price zone before the CORRECTION starts. This is a highly probable scenario considering we're now at the start of a new month,...
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 101.875 Wish you good luck in trading to you all!
12th September (ECB Rates Pending) DXY: Climbing towards 102 resistance, could push higher if EUR weakens, needs to break 102.20 for further upside to 102.70 NZDUSD: Sell 0.6135 SL 20 TP 60 (Hesitation at 0.6110) AUDUSD: Sell 0.6685 SL 20 TP 60 GBPUSD: Sell 1.3030 SL 25 TP 60 EURUSD: Rates decision pending, straddle opportunity, Sell 1.0985 SL 20 TP 45...
Pairs on Watch - HK50 EURNZD EURUSD AUDUSD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
"So, the dollar is holding in sync with EURUSD, cruising nicely into my final target. No changes yet! Managing that trade day and night, so a couple more sleepless days till destination. I do always book profits. It helps me to keep calm behind the charts.
DISCLAIMER: This is not trade advice. This is for educational and entertainment purposes only, showing how I intend to participate in this market. Trading involves significant risk. Do your own due diligence. Utilizing my Multi Timeframe strategy, I have identified that I would like to look for SHORTS on DXY. To clarify, I'm not saying I'm blindly shorting this...
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!
Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 101.699. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
With the CPI data release on the horizon, the DXY is hovering near critical levels. Traders should keep a close eye on the price action as volatility could spike. The red and green lines on the chart mark important zones that may influence the market’s next move—whether it's a breakout or a reversal. Curious how these levels might react to the news? Drop a...
11th September DXY: Consolidating, should stay below 101.50, CPI Pending, break below trendline to trade down to 100.85, key support at 100.55 NZDUSD: Buy 0.6175 SL 20 TP 60 AUDUSD: Buy 0.6690 SL 30 TP 60 GBPUSD: Sell 1.3115 SL 20 TP 65 or Sell 1.3030 SL 20 TP 60 EURUSD: Could retrace to trendline and reject, Sell 1.1075 SL 20 TP 60 USDJPY: Sell 140.70...
Amazing move on Gold today. Price has rejected our supply zone & so far up 200 PIPS in profit😍 Plenty more upside left towards our $2,550 target, meaning plenty more profits on the way. I hope you all took advantage of this free analysis & got into buy positions!
USDX price is near the support zone 101.18-99.89. If the price cannot break through the 99.89 level, it is expected that the price will rebound. Consider buying the red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
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!