Intraday GOLD Trade LIVE! Reason For Entry- Price was around the Support Area which has been tested multiple times in the past, anticipating a great area to buy Double Bottom formed followed By Engulfing Candle. SL- (1854.247) ⛔️ TP1- (1863.911)✅ TP2- (1866.934)✅ TP3- (1868.743) ✅
Happy Sunday Traders,👨🏿💻📉 US30 Daily Chart- Fundermentals- U.S. stock indexes closed sharply higher Friday, notching a pair of fresh records, as Wall Street wrapped up a week framed by optimism over the prospects of vaccines and treatments for COVID-19 and yet gloom over a spike in the viral outbreak in the U.S. and Europe. Markets also remain sensitive to...
GBPUSD H4- Market currently in a downtrend & is trending below the 50EMA. Reason For Entry- (Fundamental Analysis)- The Pound (£) Markets are EXTREMELY volatile right now traders following comments from British Cabinet Minister Michael Gove saying that he made clear that the UK would not withdraw the Internal Markets Bill. This comment effected the GBPUSD as it...
USDJPY- USDJPY has recently crossed the 50EMA meaning the start of a new trend on the 4HR Chart. This with the Federal Reserve’s policy announcement on Thursday provoked a violent reaction as the dollar snapped lower then recovered but the prospect of an ever lengthening term at the zero rate boundary drove the USD/JPY to its weakest close in a month on...
Happy Sunday Traders GBPUSD- Price is currently at the Monthly Resistance Zone (Brown Area). During the week, this pair pushed up due to the Pound strength. BUT, the Pound could suffer a setback at the beginning of the week, amid news indicating that UK’s Finance Minister is considering a set of tax increases to compensate for coronavirus pandemic extraordinary...
All Mac d fractals show this could go either way... Daily looks a little more like some down movement but i cant help but think were going to test the 200 ma again, before going down.