Get started

Priceaction

XAUUSD | New perspective | follow-up detailsFollowing a profitable week for Gold (see link below for reference purposes); the rally in gold shows that it has become the spotlight as the banking crisis drove more investors towards it for safe havens. Gold hit 11-month highs, breaking from the mid-$1,900 zone and strongly heading for the $2,000. As the fears that the U.S. economy could end up in a deep recession lingers, there is a high chance of a range-bound market activity until we get some data from the Federal Reserve after which massive traction will be witnessed in the coming week(s). This video illustrates the technical perspective of the current market structure and how to position for the next potential move. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FOREXCOM:XAUUSD
by darcsherry
3
Key Levels and US Market Review for the Asian session open 22/03Share markets continued to press higher as they focus on the coming FOMC interest rate release. Concerns over the banking sector are on the back burner for now and expectations for no rate rise from the US Fed may now be baked into the price action. I expect to see the Fed Reserve raise rates by 25 basis points as they still have to battle higher inflation so we may see a late selloff into the US markets. Asian markets will open stronger to follow on from the European and US sessions. A review of the price action from the European session and the US session where I look at some key levels to watch and the price action setups I expect to see play out on the major markets below. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
NYMEX:CL1!
by TradeTheStructure
GBPUSD | Perspective for the new week | Follow-upThe U.K. economy reflected signs of positivity with preliminary estimates showing gross domestic product rose by 0.3%. However, the potential to raise interest rates at the BoE's next meeting in two weeks’ time remains on the table as inflation has been running at around 10% for the last six months. From a technical perspective, it is obvious that price action is still going through an indecisive phase as we anticipate next week's fundamental data for clues. In this video, we looked at our chances to either buy or sell the Pound in the coming week. 00:38 Reference to last week's daily commentaries and results 03:50 GBPUSD Technical analysis on Daily chart 07:55 Macroeconomic events to look out for the week 11:45 GBPUSD Technical analysis on 4H Timeframe 09:53 Conclusion on next week's expectation for GBPUSD Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
3
USDJPY | Perspective for the new week | follow-up detailsFollowing a profitable week, price action is at a critical juncture in the market where both a bullish and bearish momentum could be triggered in the new week. The new week is laced with a series of macroeconomic events; so we shall be focusing on the fundamental event for signals to make an informed decision. BoJ Monetary Policy Meeting Minutes - its first following Governor Kuroda’s departure is going to be closely watched and from the US docket, the monthly inflation report coming up this week is also an event to look forward to. In this video, we dissected the current market structure from a technical standpoint in other to take a position ahead of the new week. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
8
XAUUSD | New perspective | follow-up detailsFollowing another profitable week for us on the XAUUSD (see link below for reference purposes); Gold hit a one-month high on Friday with strong signals that it may be ready to break free of the mid-$1,800 - $1,820 range it has been trapped in the past four weeks. Following the Labor Department reporting a number that again beat forecasts but not as much as in January, a smaller rate hike of probably 25bps looks more likely as against the broadly anticipated 50bps. In this video, we looked at the market strcuture from a technical standpoint with the hopes of identifying a potential trading opportunity ahead of the new week.
FOREXCOM:XAUUSD
by darcsherry
8
USOil | New perspective for the week | Follow-up detailWell, the past three to four months have shown that the only reason crude prices aren’t breaking out of the channel ($83/$70) is because of the inflation hangover in the U.S and the Fed’s hawkish outlook emphasizes how far and high it is ready to increase rates. This was further reiterated by Fed Chair Jerome Powell during his testimony before Congress as the central bank is more than prepared to hike rates beyond the previously indicated margin if that’s what will bring inflation down. This video illustrates in detail the technical parameters and what to look out for in the coming week. 00:50 Reference to last week's daily commentaries and results 05:50 USOil Technical analysis on Daily chart 08:30 USOil Technical analysis on 4H Timeframe against next week 08:44 Conclusion on next week's expectation for the USOil Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FX:USOILSPOT
by darcsherry
1
Key Levels and US Market Review for the Asian session open 16/03A review of the price action from the European session and the US session. European markets were hammered lower on the back of concerns for Credit Suisse and the broader banking sector. The DAX and UK100 were hit hard while the key US indexes held up well considering the fear in Europe. I expect that there may be some catchup from the US if things get worse and more comes to light as analysts take a deeper look at other banks. I continue to be of the view that sticky inflation is the big issue and will weigh on share markets if the Fed, and other major central banks, can not get it under control....this all points to more 'risk off' into major share markets. I look at some key levels to watch and the price action setups I expect to see play out on the major markets below. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
CBOT:ZB1!
by TradeTheStructure
P2P | DXY - What Could Happen Next?Hello family, thanks for tuning in again with us! This is a concept video on DXY and some #technical and #fundamental talk. I only will place a trade based on my alerts, meaning I will mark my chart and later add alerts on certain zones. When price makes it to a particular zone I then use that data to form a trade on an opposing pair such as #Gold or #EU. If you have any questions feel free to drop them in the comments, or even if you just want to say hello (: all are appreciated! Thanks again family, I'm not the best trader, I'm the "rest" trader. I rest until I have to trade lol Trade well, take care of yourselves and be great! #2023AintReady
by Pips2Porsches
Key Levels and US Market Review for the Asian session open 14/03A review of the price action from the European session and the US session. European markets were hit with selling across the board while US indexes were relative buoyant from the open on hopes that the Fed will be less aggressive on rate rises. The NASDAQ was supported from the open as the USD pushed lower and Gold higher. US Bond yields fell as bond prices pressed higher as traders re-adjusted interest rate outlooks. I remain of the view that sticky inflation is the big issue and will weigh on share markets if the Fed, and other major central banks, can not get it under control....this all points to more 'risk off' into major share markets. I look at some key levels to watch and the price action setups I expect to see play out on the major markets below. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
NYMEX:CL1!
by TradeTheStructure
USDJPY | Perspective for the new week | follow-up detailsThe US dollar pulled back a bit during the trading session on Friday as it looks like a potential sell-off in the short term is building up behind the scenes. Overall CPI inflation in Tokyo, rose 3.4% in February, compared to a 4.4% rise in the prior month - a negative variance of 1.0% which doesn't appear rosy for the Yen. The Bank of Japan continues to print more Yen in order to keep interest rates down and recently the Bank of Japan hinted that inflation will ease in the near term and that its 2% annual target will be achieved anytime soon and has projected 2025. From a technical standpoint, this video illustrates a potential trading opportunity around the 135.800 zone in the coming week. 01:00 Reference to last week's daily commentaries and results 03:49 USDJPY analysis on Daily Timeframe 07:53 Macroeconomic event for the week 09:59 USDJPY analysis on the 4H Timeframe 12:45 Conclusion on next week's projections Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
1
USOil | New perspective for the week | Follow-up detailFollowing the reversal of Covid-19 policy — the Chinese manufacturing sector posted its biggest improvement in more than a decade last month, service/activity is climbing and the housing market is stabilizing. Economists speculate that the reopening may see Chinese oil consumption hit a record high this year and It was indeed a positive week for the oil commodity with data showing demand figures hitting a record 101.9 million barrels per day this year. In this video, we highlighted from a technical standpoint trading opportunities for the incoming week. 00:50 Reference to last week's daily commentaries and results 04:25 USOil Technical analysis on Daily chart 07:40 USOil Technical analysis on 4H Timeframe against next week 08:44 Conclusion on next week's expectation for the USOil Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FX:USOILSPOTLong
by darcsherry
XAUUSD | New perspective | follow-up detailsAmidst uncertainty over the extent of the Federal Reserve’s future tightening path, the U.S. dollar weakened and went on to close the week at a 2.7% loss. Despite a series of robust economic data releases in recent times, including inflation pushing in at elevated levels, there are high expectations that the U.S. central bank will deliver a 50 basis point rate hike in two weeks’ time. So in this video, we have taken the time to observe the charts from a technical standpoint to decipher how to prepare for the new week. 00:45 Reference to last week's daily commentaries and results 05:05 XAUUSD Technical analysis on Daily chart 09:00 Macroeconomic events to look out for the week 11:05 XAUUSD Technical analysis on 4H Timeframe 13:54 Conclusion on next week's expectation on XAUUSD Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FOREXCOM:XAUUSD
by darcsherry
2
GBPUSD | Perspective for the new week | Follow-upIn the absence of high-impact events from the UK this week, the anticipation of the testimony by Fed Chair Jerome Powell on Tuesday and Wednesday as he delivers the semi-annual monetary policy report to lawmakers is on everyone's radar. Obviously, his comments will shed light on whether stakeholders are in tune with the central bank’s view on how high it will have to raise rates to knock down inflation. From a technical standpoint, this video shed light on what to look out for in the charts as bullish activities from last week's trading session may linger into the new week. 00:48 Reference to last week's daily commentaries and results 04:27 GBPUSD Technical analysis on Daily chart 04:35 Macroeconomic events to look out for the week 10:12 GBPUSD Technical analysis on 4H Timeframe 12:40 Conclusion on next week's expectation on GBPUSD Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
P2P | DXY UpdateHello. Hi. Hey there! So this is another DXY update following my previous mark ups. I want to keep posting these because 1. They've been fairly accurate and 2. Its helping you (also me) with identifying potential long term/short term plays. I mentioned that I am overall #bullish on the dollar and the way price reacted to my levels... bittersweet (,: But I also go over some other trade setups and most of them I wasn't able to cut it short so, yeah, looks like I got blown out lol. No worries though, all a learning process! So thank you guys and gals for coming onto the channel. Make sure if you feel like you're getting #value from this content to #boost the page and drop a #comment of what you learned or something you've noticed in my charts that concerns you. Thanks gang, trade well, stay healthy! 2023? Yeah, its that time *evil genius laugh*
OANDA:XAUUSD
by Pips2Porsches
[Tutorial] Price Action And How Can We Use It To Make MoneyWelcome to this video on Bitcoin and price action Part 1 of 3. But what exactly is price action, and how can it help you make informed trading decisions? Price action is a technique used by traders to analyze market movements based on the price and volume of a security, without relying on technical indicators or other external factors. In this video, we'll explore some of the most commonly used price action patterns in Bitcoin trading , including support and resistance levels, trend lines, candlestick patterns, price action patterns, and moving averages. We'll also discuss how to use these patterns in combination with other forms of analysis to make informed trading decisions, and how to manage risk when trading Bitcoin.
BEducation
by pcmonk
XAUUSD | New perspective | follow-up detailsThe personal consumption expenditures (PCE) price index witnessed its biggest increase in six months bringing the index to 5.4% for the last year - a whopping 0.6% increase. As the Federal Reserve gears to ratchet up rate hikes again amidst fear of inflation, Gold appears to be consumed by the same inflation that it is supposed to be a hedge against. With prices currently trading within the $1,820 and $1,800 zone, it is worth noting that Gold still has a potential for bullish expectations, but the current bearish momentum could edge stronger if we see a break of the $1,800 level in the nearest future. In this video, we looked at the current market from a technical standpoint and identified structures to use as a yardstick for trading opportunities in the coming week(s). 00:48 Reference to last week's daily commentaries and results 03:50 XAUUSD Technical analysis on Daily chart 07:27 Macroeconomic events to look out for the week 09:35 XAUUSD Technical analysis on 4H Timeframe 10:50 Conclusion on next week's expectation on XAUUSD Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FOREXCOM:XAUUSD
by darcsherry
6
GBPUSD | Perspective for the new week | Follow-upDespite the rebound in UK consumer confidence in February and the GfK’s consumer confidence indicator jumping seven points to -38 (a 10-month high), the Pound Sterling relinquished its previous gain to close the week above a strong demand zone at the $1.19000 zone. Supported by strong economic data, the demand for the Greenback has virtually increased in the last couple of weeks to send a bullish statement going into the new week. Will the Pound find support this week or will the continued selling pressure breach the $1.19 level to incite a sell-off? We shall rely on key economic data this week for liquidity and insights on potential trading opportunities. This video illustrates from a technical perspective what we are looking out for in the coming week(s). 00:48 Reference to last week's daily commentaries and results 03:20 GBPUSD Technical analysis on Daily chart 08:35 Macroeconomic events to look out for the week 10:25 GBPUSD Technical analysis on 4H Timeframe 11:25 Conclusion on next week's expectation on GBPUSD Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
1
USOil | New perspective for the week | Follow-up detailThe US oil still found a way to finish in neutral territories as bulls jumped in to buy into a market that scraped three-week lows just two days earlier at the $74.00 zone. The hopes of increased demand are still a possibility in this market as the Chinese government (the world's largest importer of crude oil) has lifted all COVID restriction policies hereby opening their economy for renewed transactions. From a technical standpoint, the appearance of buying pressure above the $76.00 level this week will be seen as an endorsement of bullish expectation, and failure to sustain a break above the $76.00 level has a high chance of inciting a sell-off, prompting a drop to new lows. 00:20 Reference to last week's daily commentaries and results 03:35 USOil Technical analysis on Daily chart 06:25 USOil Technical analysis on 4H Timeframe against next week 08:35 Conclusion on next week's expectation for the USOil Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FX:USOILSPOTLong
by darcsherry