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EURUSD: The USD remained stable as the market waited for US dataThe USD remained strong because the marketplace waited for US records In forex markets these days, americaA greenback confirmed little volatility as buyers awaited the discharge of extra financial records from america to gauge the capacity route of Federal Reserve coverage state. After the discharge of a higher-than-anticipated US patron fee index (CPI) on Tuesday, there have been clean worries approximately chronic inflation, inflicting investors to rethink whether or not the Fed will begin slicing hobby fees. potential in June as formerly expected or not. The opportunity of an hobby price reduce in June is now taken into consideration a 65% chance, down barely from the 71% possibility in advance this week, in keeping with LSEG`s hobby price possibility application. Expectations for an hobby price reduce in July continue to be excessive at round 83%. The Fed is anticipated to hold hobby fees at its assembly subsequent week, however the awareness may be at the critical bank's up to date financial forecasts. Kyle Rodda, a senior monetary markets analyst at Capital.com, cited that at the same time as latest records has barely modified hobby price expectations, the consensus has been for 3 price cuts for the year. now. He delivered that a greater hawkish stance from the Fed ought to lessen this expectation to 2 price cuts and push the primary reduce to September, strengthening americaA greenback. The greenback index, a degree of the greenback's electricity towards a basket of six currencies, changed into distinctly unchanged at 102.77. Investors are carefully looking US retail income records, the manufacturer fee index (PPI) and the unemployment claims document due out later these days for in addition symptoms and symptoms of weakness. financial recession. In Europe, the euro changed into consistent towards the greenback at $1.0949, with marketplace members awaiting remarks from European Central Bank officials.
Long
by Chart_MasterPro
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Another PIPTASTIC day for us on the markets buying dips, inline with our chart idea. After completing our target at 2184 earlier this week, ema5 failed to cross above and therefore followed with the drop into the highlighted retracement range. This gave the perfect bounce into into 2178 and then continued to range between the levels and re-tested the retracement range again today. EMA5 failed to lock below 2157 retracement level, which followed with the bounce once again into 2166 and now heading towards 2178, as a open gap. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2184 - DONE EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS 2192 2201 POTENTIALLY 2210 BEARISH RETRACEMENT TARGETS 2178 - DONE 2166 - DONE 2157 - DONE EMA5 CROSS AND LOCK BELOW 2157 WILL OPEN THE SWING RANGE SWING RANGE 2147 - 2137 EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT STRUCTURE SUPPORT 2122- 2133 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
Wave of the day: $GPN5 good reasons for NYSE:GPN 1. Break out from the corrective channel 2. Rising MACD histogram 3. Buying Volume coming in 4. Pocket Pivot on the last day 5. Analysts have set a mean price target forecast of 160.17. This target is 20.33% above the current price. What's your take on Global Payments? Comment below Legal Disclaimer: The information presented in this analysis is solely for informational and educational purposes only and does not serve as financial advice.
NYSE:GPNLong
by WavesInvesting
Trades Idea for Tuesday12 Mar 24DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 12 Mar 2024 Trade Idea 1 Buy STOP Order: $2183.68 Stop Loss: $2177.98 Take Profit 1: $2189.13 Take Profit 2: $2193.01 Trade Idea 2 Buy LIMIT Order: $2180.31 Stop Loss: $2174.61 Take Profit 1: $2185.76 Take Profit 2: $2193.01 Risk per trade: 0.5%. We are trading in tight range, please trade with caution! 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in day out.
OANDA:XAUUSDLong
by Barry_Games_Trading
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Once again our chart idea played out level to level once again! We had the 2184 target hit yesterday but ema5 failed to cross above and therefore as stated we got the drop into the highlighted retracement range followed with the perfect bounce into into 2178 , as already market up on the chart with arrows from Sunday. We have also updated our weighted level from 2166 to 2157, as it falls within the retracement range for a cross and lock to open swing range. Price has now found support at the retracement range for the bounce. Although we remain bullish and will continue to buy dips from support levels, we will need to now extend our range keeping in mind the potential opening of the swing range should 2157 lock. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2184 - DONE EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS 2192 2201 POTENTIALLY 2210 BEARISH RETRACEMENT TARGETS 2178 - DONE 2166 - DONE 2157 - DONE EMA5 CROSS AND LOCK BELOW 2157 WILL OPEN THE SWING RANGE SWING RANGE 2147 - 2137 EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT STRUCTURE SUPPORT 2122- 2133 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
17
USDJPY: Asian foreign exchange was little changed, the dollar neMost Asian currencies were range-bound on Monday, while the dollar fell near a two-month low as markets awaited key US inflation data for further reading. signals about when the Federal Reserve will cut interest rates. Regional currencies are surging from last week after dovish signals from Fed Chairman Jerome Powell and labor data reinforced expectations that the central bank will begin cutting interest rates soon. after June. This notion weighed on the dollar, dragging the greenback to a nearly two-month low. Japanese yen is nearly 1 month high as expectations of BOJ's pivot increase The Japanese yen is one of the currencies that has benefited the most from the dollar's decline, rising sharply in the past two sessions to its highest level in more than a month. The yen traded around 147 per dollar on Monday and was also supported by growing confidence that the Bank of Japan is close to ending its policy of negative interest rates and yield curve control this week. next. The upwardly revised GDP data shows that the Japanese economy is avoiding a technical recession in the fourth quarter. The strength of the economy gives the BOJ more room to tighten policy sooner. The BOJ is expected to hold a meeting next week, with a Reuters report saying that policymakers are considering changing interest rates in March or late April. Other Asian currencies moved in flat to low ranges. The Australian dollar fell 0.2% as expectations that the Reserve Bank would gradually increase interest rates weighed on the currency. Signs of cooling economic growth also raise expectations that the RBA will cut interest rates this year.
Long
by Chart_MasterPro
In the short term, gold prices continue a steady upward trend.Gold costs elevated on the primary buying and selling day withinside the US. According to reviews withinside the US, the quantity of jobs withinside the non-agricultural area elevated with the aid of using 275,000 devices in February 2024. America`s failure charge elevated to 3.9%. The marketplace obtained the remarks of Mr. Jerome Powell, Chairman of the Federal Reserve (Fed), positively. Experts are expecting that the Fed is prepared to reduce hobby prices and in all likelihood withinside the center of this year. The records association will appeal to the marketplace's interest due to the fact that is vital records to assess the rate of the Fed's hobby charge reduce. During the week, the marketplace will display retail income reviews and weekly enterprise help applications, in addition to US production records. Gold rate forecast SPDR Gold Trust GLD, the world's biggest gold exchange, stated its gold holdings fell to 815.thirteen lots on March 8. Alex Pickard, Vice President of Affiliate Research, stated growing gold costs created optimism that unfold to different asset classes, supplying specialists with input. In the quick term, gold costs preserve a consistent upward trend.
TVC:GOLD
by MrTrongVo
1
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone, Once again a great start to the week with our chart idea playing out, as analysed. Yesterday we stated we had a open target at 2184 and a ema5 cross and lock above 2184 will open the range above or failure to lock above 2184 will see price retrace. - Our target at 2184 was hit perfectly followed with a candle body close above 2184 leaving 2192 open. However, we will need to see Ema5 cross and lock above 2184 to further confirm the range targets above. We also saw our bearish target at 2178 complete and then found support for a retest at 2184. We will also keep in mind a failure to open the range above will see retracement test to support at 2166 and a break and lock below this level will open the swing range. A cross and lock below the lower swing range at 2137 will open the structure support. However, support above here and we are likely to see a re-test of the levels above again. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2184 - DONE EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS 2192 2201 POTENTIALLY 2210 BEARISH RETRACEMENT TARGETS 2178 - DONE 2166 EMA5 CROSS AND LOCK BELOW 2166 WILL OPEN THE SWING RANGE SWING RANGE 2147 - 2137 EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT STRUCTURE SUPPORT 2122- 2133 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
14
GOLD 1H ROUTE MAP & TRADING PLAN FOR THE WEEK AHEADHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price break into the new range and playing between two structures 2184 resistance and support at 2166 Goldturn. We are looking for a re-test and break on either Goldturn to confirm the next range We have a open target at 2184 and a ema5 cross and lock above 2184 will open the range above or failure to lock above 2184 will see price head towards the retracement range for a test. A retracement test to support at 2166 and a break and lock below this level will open the swing range. A cross and lock below the lower swing range at 2137 will open the structure support. However, support above here and we are likely to see a re-test of the levels above again. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2184 EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS 2192 2201 POTENTIALLY 2210 BEARISH RETRACEMENT TARGETS 2178 2166 EMA5 CROSS AND LOCK BELOW 2166 WILL OPEN THE SWING RANGE SWING RANGE 2147 - 2137 EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT STRUCTURE SUPPORT 2122- 2133 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
18
GOLD 4H ROUTE MAP & TRADING PLAN FOR THE WEEK AHEADHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price break into the new range and testing resistance structure at 2171. We now also have a resistance target open to 2190. We are looking for a re-test and break and lock above 2190 Goldturn resistance to confirm the range above or a failure to break and lock above 2190 Goldlturn resistance will see price head towards the retracement range at 2151. A break and lock below this level will open the swing range. A cross and lock below the lower swing range at 2101 will open the structure support. However, support above here and we are likely to see a re-test of the levels above again. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2190 EMA5 CROSS AND LOCK ABOVE 2190 WILL OPEN THE FOLLOWING BULLISH TARGETS 2206 2223 BEARISH RETRACEMENT TARGETS 2171 2151 EMA5 CROSS AND LOCK BELOW 2151 WILL OPEN THE SWING RANGE SWING RANGE 2125- 2101 EMA5 CROSS AND LOCK BELOW 2101 WILL OPEN THE STRUCTURE SUPPORT STRUCTURE SUPPORT 2065- 2052 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! Mr Gold GoldViewFX
FXOPEN:XAUUSD
by Goldviewfx
9
GOLD DAILY CHART MID/LONG TERM PROJECTIONHey Everyone, Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly. Previously we got the 2043 hit, as analysed and we advised that we will be waiting to see either ema5 cross and lock above 2043 to open the range above or a new Goldturn formation below 2043 to confirm rejection into the channel bottom. - This played out perfectly with No ema5 cross above 2043 confirming a new Goldlturn below for the rejection into the channel bottom. We then stated that we are seeing price at support for a bounce or we will need to see ema5 cross below the channel bottom to open 1998 Goldturn test - This played out perfectly with the ema5 cross and lock below the channel bottom opening 1998, which was hit 2 weeks ago. EMA5 did not cross below 1998, which provided the support for the bounce. We then stated that if this support holds, we are likely to see a test at 2043 to re - enter the channel dynamics. Failure to test and break the channel again will likely see another dip down keeping in mind we have ma200 sitting below for a long range dynamic support. - This is now playing out, as last week we saw the 1998 level hold for the bounce like we suggested and now heading towards the 2043 longer range target identified 1 week ago. - This played out perfectly last week with 2043 hit followed with our 2089 axis target to perfection!!!. We will now need to see ema5 lock inside the channel above to confirm a continuation in the new range above or a possible correctional retracement at 2043 for support before we see further challenges and tests above. CURRENT UPDATE We saw ema5 lock inside the channel and level to level all the way into the channel top completing the channel with a perfect finish respecting the channel top to perfection. We are now likely to witness either a break above the channel or some resistance and some correctional retracement for a level to level bounce back up to continue to extent the channel range to 2205 and 2237 long term. We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion. Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our algo generated levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top Please don't forget to like, comment and follow to support us, we really appreciate it! MR GOLD XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
4
GoldViewFX - Gold long term projection and plan.Hey Everyone, This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top. We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a test, also inline with the channel half line. - THIS PLAYED OUT BEAUTIFULLY! We then suggested that we will see a reaction on this channel half line for another push up to retest the upper range again. - Once again this played out accordingly for the push up hitting our Bullish targets once again. However, the 2080 target was left short just by a few pips so can still be considered open. Since then we saw the new monthly candle come down to attach to ema5 this month also highlighted with a circle on the chart. We are looking for dynamic suport here for a push up. If dynamic support fails to hold price here then we are likely to see price support above 1987. - Just like we said we got the ema5 detachment complete but no dynamic support. 1987 provided the support and the bounce, as advised previously. We are likely to see price now play between this big range. A break below 1987 will see the lower half of the channel range open up. However, support above this level inline with the channel half-line will give opportunities longer term to buy dips back into the 2080 level long term. LAST WEEKS UPDATE - BOOOOM!!!! Our 2080 target that we have been suggesting and targeting from dips was now hit perfectly last week. We now have 2163, as our long range target to complete this chart idea. CURRENT UPDATE 2161 was hit last week completing our projection from last week for another perfect hit. We now now either see this channel break and go for the 2235 level or a rejection here for a correctional retracement will see price find support at the highlighted Goldlturns for a reaction until the bulls find momentum again to extent the channel range to then target 2235 and 2296 long term. Trying to chase the right target is like chasing your tail. The best strategy to trade this, is by having a long term plan. We will continue to buy dips using our smaller timeframes and use the support ranges on this chart to plan our long term exposure to market. As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
FOREXCOM:XAUUSD
by Goldviewfx
10
GOLD 1H ROUTE MAP END OF WEEK UPDATEHey Everyone, Awesome finish to the week with our chart idea complete, hitting all our targets with a 100% hit rate for the week!! Yesterday we hit the 2153 and 2159 targets after ema5 lock confirmation above 2143 and was short of the final target at 2167. This target was hit today completing the week with a full house!!!!! BULLISH TARGETS 2125 - DONE EMA5 CROSS AND LOCK ABOVE 2125 WILL OPEN THE FOLLOWING BULLISH TARGETS 2133 - DONE 2143 - DONE EMA5 CROSS AND LOCK ABOVE 2143 WILL OPEN THE FOLLOWING BULLISH TARGETS 2153 - DONE 2159 - DONE 2167 - DONE As always, we will now come back Sunday with our multi timeframe analysis, gold route map and trading plan for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
12
GBPUSD: The dollar fell to a one-month low amid views of interesThe US greenback softened, hitting a one-month low in opposition to the yen today, as marketplace individuals anticipated a probable US hobby charge reduce later this yr. This sentiment turned into stimulated with the aid of using latest inflation statistics and feedback from US Federal Reserve Chairman Jerome Powell. Powell, in Wednesday`s testimony earlier than lawmakers, advised that a charge reduce may be so as later this yr if the financial system and inflation developments are in keeping with expectancies. The greenback's decline coincided with a drop in US Treasury yields following Powell's feedback and statistics suggesting an easing in exertions marketplace conditions. The dollar hit a low of 148.ninety four in opposition to the yen withinside the first Asian consultation of the week. The euro and British pound additionally maintained their electricity as compared to the preceding consultation, buying and selling at $1.0902 and $1.2738, respectively. Commonwealth Bank of Australia forex strategist Carol Kong referred to that the greenback's weak point in opposition to principal currencies turned into because of exertions marketplace statistics and Powell's testimony, which markets considered as weak. extra tremendous than expected. Futures markets are presently pricing in a 70% danger of the Fed beginning to decrease hobby fees at its June coverage meeting, with expectancies for a reduce of approximately 87 foundation factors for the yr. This outlook has positioned US Treasury yields, specifically two-yr yields that mirror short-time period hobby charge expectancies, beneathneath pressure. The greenback index, which tracks the dollar in opposition to a basket of currencies, fell 0.04% to 103.30, close to a one-month low. In different forex news, the Canadian greenback remained consistent at 1.3518 according to U.S. greenback after the Bank of Canada stored its benchmark hobby charge consistent on Wednesday, mentioning chronic underlying inflation. Simon Harvey, head of FX evaluation at MonFX, thinks the BoC should postpone a charge reduce till June 5, keeping the short-time period CAD fashion however awaiting sizeable depreciation to come. postponed till mid-Q2. The New Zealand greenback edged up 0.05% to $0.6133, whilst the Australian greenback rose 0.11% to $0.6572. Cryptocurrencies additionally noticed a few movement, with bitcoin closing priced at $66,232, chickening out from document highs in advance withinside the week. Ether fell extra than 0.2% to $3,842.20 after hitting a extra than two-yr excessive withinside the preceding consultation. In exchange-associated news, statistics from Thursday confirmed Australia's items exchange surplus widened in January, with will increase in agricultural exports and gold outpacing will increase in automobile imports.
Long
by Chart_MasterPro
GOLD 1H ROUTE MAP & TRADING PLAN WITH UPDATED LEVELSHey Everyone, Following on from yesterdays update another PIP-TASTIC day on the chart for us, with our bullish targets being hit with confirmation, to give us plenty of time to get in for the action. After completing yesterdays targets, we advised of the ema5 break and lock above 2143 opening, 2153, 2159 and potentially 2167 if momentum allows. Today we got the 2153 and 2159 HIT perfectly and just short of the momentum target of 2167 where momentum finished off at 2164. 2143 is now our range support. Any retracement that supports above 2143 will likely give us a retest of the targets today and if we get enough momentum then completion of the momentum target at 2167. However, a break below 2143 support level will open the range below. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2125 - DONE EMA5 CROSS AND LOCK ABOVE 2125 WILL OPEN THE FOLLOWING BULLISH TARGETS 2133 - DONE 2143 - DONE EMA5 CROSS AND LOCK ABOVE 2143 WILL OPEN THE FOLLOWING BULLISH TARGETS 2153 - DONE 2159 - DONE POTENTIALLY 2167 - As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
21