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XAUUSD Technical Analysis 29.01.2024 1h chart– Previous Weekly candle closed small Bearish around 2018.600, Friday Daily candle closed weak Bearish forming Daily Resistance around 2021.100 as price ranging on the 4h and the Daily timeframe. – Buys on close above 2024.700 targeting Strong Daily Resistance formed on 24th January 2024 around 2029.800, Leaving Runners to the 4h Resistance formed around 2035.300. – Sells on close below 2013.800 targeting 4h Strong Support formed around 2009.000, Leaving Runners to the Weekly Support formed on 11th December 2023 around 2004.000. – Ideally is to allow the Asian session to form a new range for the new week ahead and wait for high volume time around the Pre London / London session open.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 29.01.2024 1h chart– Previous Weekly candle closed Doji Bearish around 188.070 forming weak Weekly Resistance around 188.120 rejecting the previous Weekly High, Friday Daily candle closed Bullish forming Daily Support around 188.560. – Buys on close above 188.440 targeting 4h Resistance around 188.790, Leaving Runners to the Weekly previous Support formed on 13th july 2015 around 189.320. – Sells on close below 187.930 targeting Daily Support formed around 187.550, Leaving Runners to the 4h Strong Support formed on 17th January 2024 around 187.120. – Ideally is to allow the Asian session to form a new range for the new week ahead and wait for high volume time around the Pre London / London session open. also a strong confirmation is needed as price still ranging on the Daily timeframe.
by SalimFX20
4
XAUUSD Technical Analysis 26.01.2024 1h chart– Previous Daily candle closed Bullish around 2021.000 forming Daily Support around 2014.100 as price retraces back into the Daily consolidation zone. – Buys on close above 2023.800 targeting Strong Daily Resistance formed around 2029.800, Leaving Runners to the 4h Resistance formed around 2035.300. – Sells on close below 2013.800 targeting 4h Strong Support formed around 2009.000, Leaving Runners to the Weekly Support formed around 2004.000. – High Impact News ahead of the New York session for the US Dollar, Core PCE Price Index m/m and Pending Home Sales m/m. High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 26.01.2024 1h chart– Previous Daily candle closed Doji Bearish around 187.560 as price continues to range on the Daily and the 4h timeframe. – Buys on close above 188.010 targeting 4h Resistance formed around 188.400, Leaving Runners to the next 4h Resistance formed around 188.780. – Sells on close below 187.140 targeting 1h previous Resistance formed on 1st December 2023 around 186.660, Leaving Runners to the next 1h previous Resistance formed on 17th January 2024 around 186.260. – There is a good probability for the currently Weekly candle to close Bearish forming Weekly Resistance, It is extremely important to wait for strong confirmation before opening any positions.
by SalimFX20
XAUUSD Technical Analysis 25.01.2024 1h chart– Previous Daily candle closed strong Bearish around 2014.200 breaking out of the recent Daily Range, Forming Daily Resistance around 2029.700. – Buys on close above 2019.500 targeting previous 4h Support formed around 2024.500, Leaving Runners to the strong recent Daily Resistance formed around 2029.700. – Sells on close below 2011.200 targeting Weekly Support formed on 11th December 2023 around 2004.400, Leaving Runners to the previous 1h Resistance formed on 11th December 2023 around 1999.000. – High Impact News ahead of the New York session for the US Dollar, starting with Advance GDP q/q, Unemployment Claims, Advance GDP Price Index q/q, Core Durable Goods Orders m/m, followed by Durable Goods Orders m/m. High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 25.01.2024 1h chart– Previous Daily candle closed Bearish around 187.630 breaking out of the recent Daily Range. – Buys on close above 187.850 targeting 4h Resistance formed around 188.370, Leaving Runners to the next 4h Resistance formed around 188.790. – Sells on close below 187.130 targeting 1h previous Resistance formed on 1st December 2023 around 186.660, Leaving Runners to the next 1h previous Resistance formed on 17th January 2024 around 186.260. – As price breaking out of the 4h and Daily range, there is a higher probability for price to correct the Bullish Daily candle formed on Wednesday 17th January 2024.
by SalimFX20
XAUUSD Technical Analysis 24.01.2024 1h chart– Previous Daily candle closed Bullish around 2029.200 closing within recent Daily Resistance formed on Monday 22nd January 2024, forming Daily Support around 2021.600. – Buys on close above 2031.000 targeting 4h Resistance formed around 2035.800, Leaving Runners to the 1h Resistance formed around 2041.400. – Sells on close below 2020.700 targeting 1h previous Resistance formed on 18th January 2024 around 2015.100, Leaving Runners to the 4h Support formed around 2009.000. – High Impact News ahead of the New York session for the US Dollar, We have Flash Manufacturing PMI and Flash Services PMI, High Volatility expected during the New York session.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 24.01.2024 1h chart– Previous Daily candle closed Doji Bullish around 188.160 rejecting the previous Weekly High. – Buys on close above 188.530 targeting Wick Fill of the previous Weekly High around 188.930, Leaving Runners to the previous Weekly Support formed on 13th July 2015 around 189.330. – Sells on close below 187.530 targeting previous Monthly Resistance formed in December 2023 around 187.000, Leaving Runners to the previous 1h Resistance formed on 17th January 2024 around 186.370. – High Impact News ahead of the London session for the Pound Sterling, We have Flash Manufacturing PMI and Flash Services PMI, High Volatility expected during the London session.
by SalimFX20
XAUUSD Technical Analysis 23.01.2024 1h chart– Previous Daily candle closed Bearish around 2021.700 forming Daily Resistance around 2029.800 – Buys on close above 2024.800 targeting Daily Resistance formed around 2029.800, Leaving Runners to the 4h Resistance formed around 2035.500. – Sells on close below 2018.200 targeting 4h previous Resistance formed on 18th January 2024 around 2012.000, Leaving Runners to the Daily Support formed on Thursday last week around 2006.200. – Medium Impact News ahead of the New York session open for the US Dollar, Richmond Manufacturing Index, High volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 23.01.2024 1h chart– Previous Daily candle closed Doji Bullish around 188.160 as price ranged overall across all 3 sessions. – Buys on close above 188.300 targeting 4h Resistance formed around 188.770, Leaving Runners to the previous Weekly Support formed on 13th July 2015. – Sells on close below 187.690 targeting 4h Support formed around 187.380, Leaving Runners to the previous Monthly Resistance formed in December last year (2023). – High Impact News ahead of the Asian session for the Japanese Yen, Starting with Monetary Policy Statement, BOJ Policy Rate, BOJ Outlook Report followed by BOJ Press Conference, High Volatility expected.
by SalimFX20
XAUUSD Technical Analysis 22.01.2024 1h chart– Previous Weekly candle closed Bearish around 2029.600 forming Weekly Resistance around 2049.200, Friday daily candle closed weak Bullish rejecting 2040s area. – Buys on close above 2035.300 targeting 1h Resistance formed around 2041.600, Leaving Runners to the Weekly Resistance formed around 2049.200. – Sells on close below 2024.900 targeting 1h Support around 2019.400, Leaving Runners to the 4h previous Resistance formed on 18th January 2024 around 2012.000. – Ideally is to allow the Asian session to form a new range for the new week ahead and wait for high volume time around the Pre London / London session open.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 22.01.2024 1h chart– Previous Weekly candle closed strong Bullish around 188.130 tapping into Weekly Resistance formed on 27th November 2023, Friday Daily candle closed Doji Bearish forming Daily Resistance around 188.230 leaving a Rejection wick to the upside around 188.940. – Buys on close above 188.300 targeting 4h Resistance formed around 188.770, Leaving Runners to the previous Weekly Support formed on 13th July 2015 around 189.330. – Sells on close below 187.690 targeting 4h Support formed around 187.380, Leaving Runners to the previous Monthly Resistance formed in December last year (2023) around 187.000. – Ideally is to allow the Asian session to form a new range for the new week ahead and wait for high volume time around the Pre London / London session open.
by SalimFX20
XAUUSD Technical Analysis 19.01.2024 1h chart– Previous Daily candle closed strong Bullish around 2023.100 forming Daily Support around 2006.200 as weekly candle retraces. – Buys on close above 2025.500 targeting 4h Resistance around2030.500, Leaving Runners to the 1h previous Support formed on 16th January 2024 around 2036.900. – Sells on close below 2019.300 targeting 15min Support formed around 2014.300, Leaving Runners to the 4h Strong Support formed around 2009.100. – High Impact News ahead of the New York session for the US Dollar, starting with Prelim UoM Consumer Sentiment and Existing Home Sales, followed by Prelim UoM Inflation Expectations, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 19.01.2024 1h chart– Previous Daily candle closed Bullish around 188.230 within the previous Daily Resistance formed on Monday 27th November 2023. – Buys on close above 188.510 targeting Monthly Rejection formed in November 2015, Leaving Runners to the previous Weekly Support formed on 13th July 2015 around 189.330. – Sells on close below 187.860 targeting 1h Support formed around 187.490, Leaving Runners to the 4h Support formed around 187.090. – As price approaching 2023 year high there is a probability for price to form a Resistance and retrace before the continuation to the upside.
by SalimFX20
XAUUSD Technical Analysis 18.01.2024 1h chart– Previous Daily candle closed extremely Bearish around 2006.300 breaking below previous Weekly Low and tapping into previous Weekly Resistance formed on 30th October 2023. – Buys on close above 2012.300 targeting previous 1h Support formed around 2019.300, Leaving Runners to the 4h Resistance formed around 2024.700. – Sells on close below 2002.000 targeting previous 1h Resistance formed on 11th December 2023 around 1996.200, Leaving Runners to the previous Monthly Resistance formed in May 2023 around 1989.700. – High Impact News ahead of the New York session for the US Dollar, Starting with Unemployment Claims and Building Permits followed by Philly Fed Manufacturing Index, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 18.01.2024 1h chart– Previous Daily candle closed strong Bullish around 187.730 breaking out of the recent 4h Consolidation Zone, Breaking above recent Monthly Resistance formed in December last year (2023). – Buys on close above 188.020 targeting Weekly Resistance formed on 27th November 2023 around 188.020, Leaving Runners to the Monthly High formed in November 2023 around 188.660. – Sells on close below 187.510 targeting 4h Support formed around 187.110, Leaving Runners to the previous 1h Resistance formed on 1st December 2023 around 186.670. – As price approaches Weekly Resistance formed Monday 27th November 2023 there is a good probability for price to form a minor Resistance before the continuation to the upside if there was a valid confirmation on the lower timeframe.
by SalimFX20
XAUUSD Technical Analysis 17.01.2024 1h chart– Previous Daily candle closed extremely Bearish around 2028.500 forming Daily Resistance around 2054.800. – Buys on close above 2032.200 targeting 1h previous Support formed around 2037.700, Leaving Runners to the 4h previous Support formed on 12th January 2024 around 2043.800. – Sells on close below 2023.600 targeting previous Daily Support formed on 18th December 2023 around 2018.600, Leaving Runners to the previous Weekly Low to fill the the bottom wick around 2013.400. – High Impact News ahead of the New York session for the US Dollar, starting with Core Retail Sales m/m, Retail Sales m/m followed by Industrial Production m/m. High Volatility expected.
OANDA:XAUUSD
by SalimFX20
1
GBPJPY Technical Analysis 17.01.2024 1h chart– Previous Daily candle closed Bullish around 185.940 above recent Daily Resistance formed on Thursday 11th January 2024. – Buys on close above 186.180 targeting 1h previous Support formed on 1st December 2023 around 186.480, Leaving Runners to the previous Daily Support formed on 30th November 2023 around 186.840. – Sells on close below 185.750 targeting 1h Support formed around 185.350, Leaving Runners to the 30min Strong Support formed around 185.030. – High Impact News ahead for the Pound Sterling for the Pre London session open, CPI y/y forecasted at 3.8%, Previously was 3.9%. High Volatility expected at the London session open.
by SalimFX20
XAUUSD Technical Analysis 16.01.2024 1h chart– Previous Daily candle closed weak Bullish around 2055.400 as price ranged across the Monday sessions. – Buys on close above 2058.700 targeting 4h Resistance formed around 2064.200, Leaving Runners to the 1h Resistance formed on 2nd January 2024 around 2070.600. – Sells on close below 2050.500 targeting Weekly Support formed around 2045.500, Leaving Runners to the 4h previous Resistance formed on 9th January 2024 around 2039.000. – High Impact News ahead of the New York session for the US Dollar, Empire State Manufacturing Index forecasted at -4.9, previous : -14.5.
OANDA:XAUUSD
by SalimFX20
3
GBPJPY Technical Analysis 16.01.2024 1h chart– Previous Daily candle closed Bullish around 185.400 rejecting Daily Resistance formed on Thursday 11th January 2024 around 185.700, Forming Daily Support around 184.680. – Buys on close above 185.900 targeting previous 4h Support formed on 30th November 2023 around 186.430, Leaving Runners to the previous Daily Support formed on 30th November 2023 aswell around 186.840. – Sells on close below 185.160 targeting Daily Support around 184.680, Leaving Runners to the previous 4h Resistance formed on 4th January 2024 around 184.180. – High Impact News ahead for the Pound Sterling prior to London session open, starting with Claimant Count Change an Average Earnings Index 3m/y, During New York session overlap, Bank Of England Governor Andrew Bailey due to testify on the UK Economy before the Lords Economic Affairs Committee in London, High Volatility expected.
by SalimFX20
XAUUSD Technical Analysis 15.01.2024 1h chart– Previous Weekly candle closed Doji Bullish around 2049.100 forming weak Weekly Support around 2045.500, Friday Daily candle closed strong Bullish above recent Daily range, Rejecting recent Weekly Resistance. – Buys on close above 2056.500 targeting Weekly Resistance formed on 1st January 2024 around 2063.100, Leaving Runners to the 1h Resistance formed on 2nd January 2024 around 2070.600. – Sells on close below 2044.000 targeting 1h Support formed around 2038.000, Leaving Runners to the previous 4h Resistance formed on 11th November 2024 around 2033.000. – Ideally is to allow the Asian session to form a new range for the new week ahead and wait for high volume time around the Pre London / London session open.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 15.01.2024 1h chart– Previous Weekly candle closed weak Bullish around 184.680, Friday Daily candle closed Bearish respecting Daily Resistance formed around 185.700. – Buys on close above 185.140 targeting 4h Resistance formed around 185.540, Leaving Runners to the next 4h Resistance formed around 185.920. – Sells on close below 184.410 targeting 4h Support formed around 183.870, Leaving Runners to the 1h Support formed around 183.460. – Ideally is to allow the Asian session to form a new range for the new week ahead and wait for high volume time around the Pre London / London session open.
by SalimFX20
XAUUSD Technical Analysis 12.01.2024 1h chart– Previous Daily candle closed Bullish around 2029.000 forming Daily Support around 2024.300 within Daily recent range and leaving 110 pip Rejection wick to the downside. – Buys on close above 2036.000 targeting previous Daily Support formed on 4th January 2024 around 2041.400, Leaving Runners to the 4h Strong Resistance formed on 4th January aswell around 2048.000. – Sells on close below 2023.600 targeting previous Daily Support formed on 18th December 2023 around 2018.600, Leaving Runners to 2013.500 for a potential wick fill. – High Impact News ahead of the New York session for the US Dollar, Core PPI m/m, PPI m/m. High Volatility expected.
OANDA:XAUUSD
by SalimFX20