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XAUUSD Technical Analysis 27.09.2023 1h chart– Previous Daily candle closed Strong Bearish around 1900.500 closing below recent Daily Support. – Buys on close above 1904.300 targeting 1h previous Support formed around 1910.300, Leaving Runners to the 1h Resistance around 1914.700. – Sells on close below 1896.400 targeting 1h Support formed around 1890.400, Leaving Runners to the previous Monthly Low formed (August 2023) around 1885.000. – High impact news ahead of the New York session starting with Core Durable Goods Orders m/m followed by Durable Goods Orders m/m.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 27.09.2023 1h chart– Previous Daily candle closed Bearish around 181.170 forming Daily Resistance around 181.730. – Buys on close above 181.820 targeting 1h Resistance around 182.200, Leaving Runners to the 1h previous Support formed on 21st September 2023 around 182.500. – Sells on close below 181.050 targeting Weekly Support formed around 180.660, Leaving Runners to the previous Daily Support formed on 21st July 2023 around 180.150. – Ideally is to allow the Asian session to form a new range and look for higher probability setups around the Pre London / London session leading to NY Session.
by SalimFX20
XAUUSD Technical Analysis 25.09.2023 1h chart– Previous Weekly candle closed weak Bullish at 1925.400 forming a Rejection to the upside around 1947.400, Friday Daily candle closed Bullish forming Daily Support around 1919.100. – Buys on close above 1928.300 targeting Daily Resistance formed around 1933.800, Leaving Runners to the Weekly Resistance formed around 1940s. – Sells on close below 1923.900 targeting Daily Support formed around 1919.900, Leaving Runners to the 4h Support formed around 1916.600. – Ideally is to allow the Asian session to form a new range on the hourly and wait for high volume time around Pre London / London session open for a much stronger confirmation.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 25.09.2023 1h chart– Previous Weekly candle closed Bearish around 181.480 as price retested the Weekly Support formed around 180.600, Friday Daily candle closed weak Bullish at 181.480 forming weak Daily Support around 181.370. – Buys on close above 181.880 targeting 1h Resistance around 182.200, Leaving Runners to the 4h Resistance formed around 182.760. – Sells on close below 181.120 targeting Weekly Support formed around 180.660, Leaving Runners to the Monthly Low (August 2023) around 180.400. – Ideally is to allow the Asian session to form a new range for the new Week ahead and wait for high volume time around Pre London / London session open.
by SalimFX20
XAUUSD Technical Analysis 21.09.2023 1h chart– Previous Daily candle closed weak Doji Bearish around 1930.600 rejecting the Upside. – Buys on close above 1934.000 targeting Weekly Resistance around 1940.000, Leaving Runners to the 4h Resistance formed around 1946.700. – Sells on close below 1928.000 targeting 4h Support formed around 1923.800, Leaving Runners to the Weekly Support formed around 1919.100. – High impact news ahead of New York session for the US Economy, starting with Unemployment Claims, followed by Philly Fed Manufacturing Index and Existing Home Sales.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 21.09.2023 1h chart– Previous Daily candle closed weak Bearish around 183.100 as price rejected the downside and respected recent Daily Support. – Buys on close above 183.350 targeting 4h Resistance around 183.850, Leaving Runners to the Daily Resistance formed around 184.180. – Sells on close below 182.690 targeting 1h Support around 182.430, Leaving Runners to the 4h Strong Support formed around 181.760. – High impact news ahead of the London / Pre NY session as Bank Of England Governor Andrew Bailey and MPC members decide on the Interest Rate. High Volatility expected during the news release.
by SalimFX20
XAUUSD Technical Analysis 20.09.2023 1h chart– Previous Daily candle closed Bearish around 1931.400 forming Daily Resistance around 1933.800. – Buys on close above 1936.500 targeting Weekly Resistance around 1940.100, Leaving Runners to the 4h Resistance formed around 1945.200. – Sells on close below 1929.800 targeting 4h Support formed around 1924.000, Leaving Runners to the Weekly Support formed around 1918.900. – High impact news ahead of the New York session for the US Dollar, starting with Federal Funds Rate, FOMC Economic Projections, FOMC Statement followed by FOMC Press Conference, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 20.09.2023 1h chart– Previous Daily candle closed Bullish at 183.140 forming new Daily Support around 182.680. – Buys on close above 183.390 targeting 4h Resistance formed around 183.850, Leaving Runners to the Daily Resistance formed around 184.180. – Sells on close below 183.000 targeting Daily Support formed on Tuesday around 182.680, Leaving Runners to the 1h Support formed around 182.430. – High impact news ahead for the Pound Sterling 1h before London session open for CPI y/y data release, High Volatility expected during the London session open.
by SalimFX20
XAUUSD Technical Analysis 19.09.2023 1h chart– Previous Daily candle closed Bullish around 1933.700 breaking and closing above Daily rejections formed last week. – Buys on close above 1935.100 targeting 4h Resistance formed around 1939.000, Leaving Runners to the next 4h Resistance formed around 1945.100. – Sells on close below 1931.000 targeting 1h previous Resistance formed around 1927.000, Leaving Runners to the 4h Support formed around 1923.800. – Medium impact news ahead of the New York session for the US Dollar for Building Permits.
OANDA:XAUUSD
by SalimFX20
1
GBPJPY Technical Analysis 19.09.2023 1h chart– Previous Daily candle closed small Bearish at 182.690 rejecting the Upside but overall price ranged on the 4h timeframe. – Buys on close above 183.340 targeting 4h Resistance formed around 183.850, Leaving Runners to the Daily Resistance formed around 184.180. – Sells on close below 182.600 targeting Weekly previous Resistance formed on 24th July 2023 around 182.240, Leaving Runners to the 4h Support formed at 181.760. – Ideally is to allow the Asian session to range and wait for a high volume time for price to break out of the current range.
by SalimFX20
XAUUSD Technical Analysis 18.09.2023 1h chart– Previous Weekly candle closed weak Bullish around 1923.800 forming weak Weekly Support around 1919.200, Friday Daily candle closed strong Bullish around 1923.900 above recent Daily Resistance formed on 12th September 2023. – Buys on close above 1928.800 targeting 4h Resistance formed around 1934.000, Leaving Runners to the next 4h strong Resistance formed around 1938.800. – Sells on close below 1922.000 targeting 4h Support formed around 1917.000, Leaving Runners to the 4h previous Resistance formed on 14th September 2023 around 1913.000. – There is a good probability for price to retest the Weekly Resistance formed on 4h September 2023 around 1940s as the previous Weekly candle rejected the downside.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 18.09.2023 1h chart– Previous Weekly candle closed Bearish at 183.050 breaking out of the recent Weekly Consolidation Zone, Friday Daily candle closed weak Bullish forming weak Daily Support around 182.980. – Buys on close above 183.300 targeting 4h Resistance formed around 183.850, Leaving Runners to the Daily Resistance formed around 184.180. – Sells on close below 182.770 targeting Weekly previous Resistance formed on 24th July 2023 at 182.240. Leaving Runners to the 4h Support formed around 181.760. – There is a higher probability for price to push bearish to retest previous Weekly Support formed around 180.670 despite the previous Weekly candle closing small Bearish.
by SalimFX20
XAUUSD Technical Analysis 15.09.2023 1h chart– Previous Daily candle closed small Bullish around 1910.800 forming new weak Daily Support around 1908.300, Rejecting the 1900s Strong Key Level. – Buys on close above 1913.800 targeting 1h Resistance formed around 1919.900, Leaving Runners to the next 1h Resistance formed around 1923.900. – Sells on close below 1907.800 targeting 1h Support formed around 1903.000, Leaving Runners to the 4h Support formed around 1897.400. – High impact news ahead of the New York session for the US Dollar, starting with Empire State Manufacturing Index and Industrial Production m/m, followed by Prelim UoM Consumer Sentiment and Prelim UoM Inflation Expectations.
OANDA:XAUUSD
by SalimFX20
1
GBPJPY Technical Analysis 15.09.2023 1h chart– Previous Daily candle closed Strong Bearish at 182.980 forming new Daily Resistance around 184.180. – Buys on close above 183.060 targeting 1h previous Support formed around 183.350, Leaving Runners to the 1h Resistance formed around 183.820. – Sells on close below 182.060 targeting Weekly previous Resistance formed on 24th July 2023 around 182.220, Leaving Runners to the 4h Support formed around 181.750. – As the Thursday candle closed strong Bearish below recent Daily Support formed on Tuesday this week, there is higher probability for the Friday Daily candle to continue Bearish.
by SalimFX20
2
XAUUSD Technical Analysis 14.09.2023 1h chart– Previous Daily candle closed small Bearish at 1908.300 as price continue to consolidate on the 4h timeframe. – Buys on close above 1913.800 targeting 1h Resistance at 1919.900, Leaving Runners to the next 1h Resistance formed around 1923.900. – Sells on close below 1905.600 targeting 4h previous Resistance formed on 22nd August 2023 at 1900.100, Leaving Runners to the 4h Support formed around 1896.400. – High impact news ahead of the New York session for the US Dollar, starting with Core PPI m/m, Core Retail Sales m/m and PPI m/m. followed by Retail Sales m/m and Unemployment Claims, High Volatility expected during the news release
OANDA:XAUUSD
by SalimFX20
2
GBPJPY Technical Analysis 14.09.2023 1h chart– Previous Daily candle closed Bullish at 184.180 respecting Daily Support formed on Tuesday. – Buys on close above 184.380 targeting 4h Resistance at 184.660, Leaving Runners to the 30min Resistance formed around 184.920. – Sells on close below 183.690 targeting 1h Support formed at 183.340, Leaving Runners to the 4h Support formed around 182.990. – Despite the Daily candle closing Bullish, price still consolidating within the 4h and the 1h timeframe. It is very important to wait for a strong confirmation before taking any positions.
by SalimFX20
XAUUSD Technical Analysis 13.09.2023 1h chart– Previous Daily candle closed Bearish at 1913.400 forming Daily Resistance around 1922.400. – Buys on close above 1915.800 targeting 1h Resistance around 1919.800, Leaving Runners to the next 1h Resistance formed around 1923.900. – Sells on close below 1908.800 targeting 4h Support formed around 1904.400, Leaving Runners to the 4h previous Resistance formed on 22nd August 2023 around 1900.100. – High impact news ahead of the New York session for the US Dollar for Core CPI m/m, CPI m/m and CPI y/y. High Volatility expected during the New York session.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 13.09.2023 1h chart– Previous Daily candle closed small Bullish at 183.720 forming Daily Support around 183.270. – Buys on close above 183.870 targeting 4h Weak Resistance formed around 184.180, Leaving Runners to the next 4h Resistance formed around 184.650. – Sells on close below 183.350 targeting 4h Support formed around 183.000, Leaving Runners to the 4h previous Strong Resistance formed on 9th August 2023 around 182.740. – As the Daily formed Support, price could be retracing to allow the Weekly candle to form a higher top wick before breaking the lows again.
by SalimFX20
XAUUSD Technical Analysis 12.09.2023 1h chart– Previous Daily candle closed weak Bullish around 1922.400 as price rejects the 1930s level (Same Rejection from last Friday). – Buys on close above 1828.000 targeting 4h Resistance around 1934.100, Leaving Runners to the recent Weekly Resistance around 1940s level. – Sells on close below 1916.500 targeting 4h Support formed around 1909.800, Leaving Runners to the 1h Support formed around 1904.400. – As price continue to range on the 4h timeframe the No Trade Zone becomes larger simply because of the messy range on the Daily / 4h and the 1h, It is extremely important to wait for a strong confirmation before taking any positions.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 12.09.2023 1h chart– Previous Daily candle closed Bearish at 183.270 forming weak Daily Resistance around 183.520. – Buys on close above 183.600 targeting weak 4h Resistance formed around 184.180, Leaving Runners to the next 4h Resistance formed around 184.650 – Sells on close below 183.200 targeting 1h Support formed around 182.840, Leaving Runners to the recent Monthly Support formed around 182.510. – High impact news ahead for the Pound Sterling at the Pre London open as follow : Claimant Count Change and Average Earnings Index 3m/y, High Volatility expected around the London session open.
by SalimFX20
XAUUSD Technical Analysis 11.09.2023 1h chart– Previous Weekly candle closed Bearish at 1919.300 forming Resistance around 1939.900, Friday Daily candle closed weak Bearish forming weak Daily Resistance around 1919.700. – Buys on close above 1924.800 targeting 1h Resistance at 1928.800, Leaving Runners to the 4h Resistance formed at 1934.100. – Sells on close below 1916.400 targeting 4h Support at 1909.800, Leaving Runners to the 1h Support formed at 1904.400. – Sells are looking much easier to take rather than Buys as Friday Daily candle rejected the Upside and Weekly candle closed Bearish forming Resistance
OANDA:XAUUSD
by SalimFX20
1
GBPJPY Technical Analysis 11.09.2023 1h chart– Previous Weekly candle closed weak Bullish at 184.130 forming weak Weekly Support at 183.960, Friday Daily candle closed Bullish forming Support at 183.670. – Buys on close above 184.400 targeting 1h Resistance at 184.730, Leaving Runners to the next 1h Resistance formed at 185.180. – Sells on close below 183.790 targeting 4h Support at 183.490, Leaving Runners to the Daily previous Resistance formed on 2nd August 2023 at 183.060. – Ideally is to allow the Asian session to form a new range for the new week ahead and wait for the Pre London / London session for decent volume. - Unfortunately market open has gapped down, still posting this as price could possibly retrace back and in the range and break the lows to retest the current weekly low.
by SalimFX20
XAUUSD Technical Analysis 08.09.2023 1h chart– Previous Daily candle closed small Bullish around 1919.700 forming weak Daily Support around 1916.400. – Buys on close above 1923.800 targeting 1h Resistance formed around 1928.400, Leaving Runners to the 4h Resistance formed around 1933.800. – Sells on close below 1916.400 targeting 4h Support formed around 1909.800, Leaving Runners to the 1h Support formed around 1904.400. – As mentioned at the beginning, price might struggle to push through below 1920s as a Monthly Support was formed recently, Ideally is to allow the Asian session to range and wait for High Volume time at Pre London to London session leading to New York session.
OANDA:XAUUSD
by SalimFX20