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Reversalpatterns

USDJPY | Perspective for the new week | follow-up detailsFollwing the Bank of Japan’s policy meeting on Friday, the US Dollar moved a significant 1.74% against the Japanese Yen to settle above the 135.000 for the first time in six weeks. The risk-averse market atmosphere helped the Greenback find demand as a safe haven while hawkish Federal Reserve (Fed) bets provide an additional boost to the currency. The coming week is laced with a handful of high impact macroeconomic event hence the need to consider different factors before making an informed decision. In this video, we dissected the current market structure form a technical stanpoint to figure out how to position ourselves 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
USDJPY | Perspective for the new week | follow-up detailsThe Yen rose 0.3%, as Japan's core consumer price index inflation remained steady in March from the prior month, at 3.1% hereby confirming that inflation still remained above the BOJ’s 2% annual target and with a series of high-impact macroeconomic events from the Japanese docket in the coming week, we could have some prominent price movement ahead and post the events. Events unfolding from the US docket, especially from Fed officials; insinuates that US interest rates will likely rise further even as economic activity cools. This video illustrates the technicality surrounding price action in the last couple of weeks for an insight into the possibilities of both buyers and sellers in this market in the coming week(s). 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
2
XAUUSD | New perspective | follow-up detailsThe majority is in a dilemma of whether or not the US central bank is ready to pause on rate hikes. An insight could shape the narrative in the Gold markets, as inflation and recession prospects counteract the demand for the yellow metal. On Friday, we witnessed the mini-crash in prices of gold which was a result of the Federal Reserve Governor Christopher Waller's comment on more monetary tightening despite evidence of a steady drop in inflation figures. Higher interest rates tend to benefit the dollar and weigh on gold. Going in to the new week, is the Gold on track to a new record peak? This video, illustrates a detail technical explanation on what we shall be looking out for in the coming 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.
FOREXCOM:XAUUSD
by darcsherry
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 detailDespite starting the week on a bullish note, fresh new anxieties over inflation and rate hikes rippled across the market and this development resulted in participants dumping their long positions on the US Oil. With continued selling pressure below the key level at $80.00 level, buying opportunity might likely be on hold in the coming week until there are clear signs that support positive feedback from Chinese import data following the lifting of its COVID restrictions. In this video, we looked at the market structure from a technical standpoint and indications suggest continued selling pressure as long as the price remains below the $80 level. 00:50 Reference to last week's daily commentaries and results 05:25 USOil Technical analysis on Daily chart 10:20 USOil Technical analysis on 4H Timeframe against next week 11:35 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:USOILSPOT
by darcsherry
1
GBPUSD | Perspective for the new week | Follow-upThe US Dollar negated the bullish attempt at the beginning of the week and moved over 300pips its favor after positive consumer price index data on Tuesday. Though it edged lower during the latter part of last week's trading session hereby handing back some of the previous session’s gains after better-than-expected U.S. retail sales pointed to more interest rate hikes by the Federal Reserve to close the week at 1.20500. From a technical standpoint, the inability of the bears to break down the strong demand zone at the 1.19500 level questions the strength of the existing bearish momentum. 00:30 Reference to last week's daily commentaries and results 03:15 GBPUSD Technical analysis on Daily chart 08:20 Highlight of Macroeconomic event for the week 09:55 GBPUSD Technical analysis on 4H Timeframe 12:25 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.
Long
by darcsherry
2
XAUUSD | New perspective | follow-up detailsAfter scooping a 7,000 pips profit from our previous analysis (see link below for reference purposes); the yellow metal posted its third weekly loss as price action drops into the $1,800 zone (where it started the year) clinging to a "strong support" where buying pressure was observed on Friday. With price action stuck at the mid-$1,800 level, Participants will be faced with the dilemma of discerning possible direction amid calls by Federal Reserve officials for sharper rate hikes. This video illustrates from a technical standpoint what we shall be looking out for in the coming week. 00:49 Reference to last week's daily commentaries and results 05:20 XAUUSD Technical analysis on Daily chart 10:30 Macroeconomic events to look out for the week 11:35 XAUUSD Technical analysis on 4H Timeframe 12:04 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
USDJPY | Perspective for the new week | follow-up detailsAt 64.9, the Michigan consumer sentiment index for February hits its highest level in eight months as falling energy prices eased fears about inflation. This is a positive signal as it is a widely-known gauge of personal consumer confidence in the US economic activity. From a technical standpoint, the significant breakout of the supply zone at the 131.000 area last week was an emphatic bullish signal buttressing the idea that sellers might have lost the momentum; but following the retest of structure, price action was caught within a consolidation phase above the key level (131.000) to emphasize the level of indecision in this market. In this video, we looked at the possibilities and trading options we have from the current market structure as we look out for breakouts either way in the coming week for trading opportunities. 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.
Long
by darcsherry
2
USOil | New perspective for the week | Follow-up detailLast week's trading session saw Oil prices jump as Russia respond to the G7’s price caps by announcing production cuts by 500,000 bpd (accounting for 5% of its output in March) and its own minimum price structure. We were opportune to be part of the bullish momentum (see link below for reference purposes) which later capped at the key level at the $80.00 mark at end of the week. In this video, we looked at the current market structure from a technical standpoint where the $80 zone will be our center of focus at the beginning of the new week. 00:30 Reference to last week's daily commentaries and results 02:52 USOil Technical analysis on Daily chart 07:04 USOil Technical analysis on 4H Timeframe against next week 08:00 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
USOil | New perspective for the week | Follow-up detailThis is a follow-up video to my previous analysis on the US Oil commodity as we close the previous week on a profitable note with over 300pips in profit (see link below for reference purposes). China being the world's number one importer of crude oil - the start of the Chinese New Year holiday will be closely watched to see if travel activities will be as robust as expected. As trading activities continue around the $80 zone and the long-term bearish trend line identified on the daily timeframe, from a technical standpoint, there is a high chance that price action might continue to find higher highs in the coming week(s). So the $80 - $82 zone shall be serving as a yardstick for a trading activity for this 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.
FX:USOILSPOT
by darcsherry
GBPUSD | Perspective for the new week | Follow-upA follow-up video to the previous analysis on the GBPUSD where we scooped over 400 pips profit (see link below for reference purposes). The US dollar continues to plunge since the beginning of the year as fear of recession mounts. To further mount pressure on the Greenback is the data from the U.S. retail sales which fell by the most in a year in December and manufacturing output recorded its biggest drop in nearly two years, stoking fears that the world's largest economy is headed for a recession. In this regard, this video shed a technical light on the current market structure where the identification of flat channel around the 1.24000 and 1.23350 will serve as a yardstick for trading activities for 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.
Long
by darcsherry
6
XAUUSD | New perspective | follow-up detailsGold seems firm on its resolve to hold to a $1,800 price despite some sideways movement after a 4,000pips move to the downside at the beginning of last week's trading. Price is currently back at the critical level around the $1,800 area sending mixed signals across the market and from a technical standpoint, the tendency of both a bullish and bearish expectation for the coming week makes options very open. Now, the consensus is that the Fed is expected to raise rates by 50 basis points next Wednesday which would mark a slower pace of rate increases, and technically it is important that we use the current technical structure to position ourselves in such a way that we catch the move at its inception. 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
1
USDJPY | Perspective for the new week | follow-up detailsThe U.S. dollar continue waning as it edged lower during the course of last week's trading and following the positive NFP on Friday, there was a stall as we started witnessing a consolidation phase around the key level at 135.000. In this video, we looked at the charts from a technical standpoint where we shall remain patient to see what price action will transition into for signals and confirmations. 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, and 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
2
USDJPY | Perspective for the new week | follow-up detailsThe U.S. dollar edged lower to post a weekly loss on dovish projection from the Federal Reserve. From a technical standpoint, it is worth noting that the price has been caught within a support and resistance (142.500 and 138.000) in the last two weeks to emphasize the indecision in the market. The coming week is laced with major market-moving economic releases, both from the US and Japan; the fundamental backdrop from these events will be anticipated by participants in this market as the price remains within the identified channel which also shares a confluence with the bullish trendline on the daily timeframe hence warrants some detailed understanding of the current structure before positioning ourselves for any trading opportunity. 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, and 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
2
EURUSD | Perspective for the new week | Follow-up detailsThis is a follow-up detail to my previous analysis where we close the week on a profitable note (see the link below for reference purposes). The US CPI weighs on the US Dollar as the EURUSD surged with about a 4% gain to close the week on a bullish tone; However, in addition to the high-priority event coming up in the new week (stated in the video), it is worth noting that price is at a critical zone (around the $1.03750 area) as it edge towards the major bearish trend line that has been guiding bearish momentum in the last 18 months. Are we going to be seeing a breakout of this trendline or is there going to be selling pressure below this trendline to incite another crash? Stay tuned in as we navigate this together in the new week. Risk 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
2
EURUSD | Perspective for the new weekThe last 3 - 4 weeks have seen prices continue to climb hereby finding uniform higher highs and higher lows which culminated at the breakout of the $1.0000 area during the course of last week's trading session. Will the breakout of the key level at the $1.0000 mark be a true or false one? As we look forward to a variety of high-impact events for the week, we will likely see structures anticipating this event at the beginning of the week, hence the need to prepare ourselves for significant signals. In this video, I have explained in detail what my expectations are and if there happens to be a contrary perspective at the beginning of the week, there will be an update in this regard in the comment section on my tradingview platform. Risk 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.
Long
by darcsherry
USDJPY | Perspective for the new weekFollowing the buying pressure at the 147.000 zone, the greenback rallied during the latter part of last week's trading session to insinuate a potential bullish expectation in the coming week(s). The dovish rhetoric of the BoJ’s monetary policy appears to have caused a plunge which makes it uncertain to jump to any major conclusion at this juncture. However, it is worth noting that next week is laced with a series of high-impact events that participants in this market will be looking forward to in other to make an informed decision to either buy or sell. Risk 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
4
XAUUSD | Perspective for the new week | Follow-up detailsAll attempts to upload a video on the XAUUSD failed as it keeps prompting network issues. So for the XAUUSD video kindly visit my youtub channel for details. Please note that I will be dropping updates on this analysis in the comment section of this broadcast in the new week. Cheers! This is a follow-up video to my previous analysis where we closed the week with a profit of over 5,000 pips ( see daily commentaries in the link below for reference purposes). Gold has witnessed its worst-performing week in recent times as US Yield hit a 14-year high to close around the $1,640 zone. As we head into the new week, we are not sure if a trend continuation to the downside will be happening since there are no high-priority events that will be serving as a catalyst for price movement this 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.
OANDA:XAUUSD
by darcsherry
7
EURUSD | Perspective for the new week | Follow-up detailsLooking at this pair from a long-term perspective, it is easy to say that the sellers are very strong but we can not give up on the bullish potential opportunity that might be evolving after witnessing the multiple rejections of the $0.99 area in the last 3 weeks to project a certain level of strength from the bulls to resist selling pressure from this zone. So, this video illustrates in detail how I intend to trade this pair in the coming week. Risk 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.
Long
by darcsherry
1
XAUUSD | New perspective | follow-up detailsFollowing the indecision that gripped this market during last week's trading session; the price of Gold managed to stay afloat above $1,700 (new demand zone) to keep the hopes of a potential bullish opportunity in the coming week. I will be sharing with you my trading decisions in the comment section of my tradingview platform as soon as the market opens. Risk 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.
OANDA:XAUUSDLong
by darcsherry
1
USDJPY | Perspective for the new week | follow-up detailsThe Greenback fell modestly from an all-time high of 140.800 despite a positive NFP result on Friday to close the day with a shooting star candle. I am of the opinion that we might be anticipating the beginning of a retracement phase of the previous leg that broke out of the neckline structure identified on the daily timeframe which is likely to reflect the quick profit-taking for the bulls. In this video, I shared my technical opinion and how I plan to trade the USDJPY in the coming week. Risk 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
2
USDJPY | Perspective for the new week | follow-up detailsJapan’s core consumer price index (CPI) rose to a seven-year high, amidst rising fuel prices and a widening trade deficit to give the Greenback the leverage to thrive. In this video, I shared my technical opinion on my expectation this week as I look forward to retesting of the neckline @ 135.000 zone to join a potential rally. Risk 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.
Long
by darcsherry
1