U.S.Dollar / Brazilian Real Hey traders as you can see we are approaching a supply area on the USD / BRAZILIAN , my weekly fundamentals are telling me we have got a potential good set up here to sell.
Sell limit trade
Entry 5.6514
SL 5.7832
TP 5.1315
This chart material is for educational purposes only / Demo account should be traded only
Weeklymarketsanalysis
Weekly Market Wrap With Gary Thomson: 15 - 19 JulyWeekly Market Wrap With Gary Thomson: US Banks Turn Bullish, GBP/USD, Gold Price, NVDA Stock
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
- US Banks Set a Bullish Tone at the Start of Earnings Season
- GBP/USD Exchange Rate Rises Above 1.3000 on Inflation News
- Analysis of XAU/USD: Gold Price Sets Historical Record
- NVDA Stock Price Recovers After 1.5-Month Low
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WEEKLY FOREX FORECAST July 15-19th: DXY OIL INDICES GOLD SILVERThis is Part 1 of the Weekly Forex Forecast JuLY 15 - 19th
In this video, we will cover:
USD Index, S&P500 NASDAQ GOLD SILVER US OIL
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Weekly Market Wrap With Gary Thomson: 8 - 12 JulyWeekly Market Wrap With Gary Thomson: GBP/USD, EUR/USD, USD/JPY, XAU/USD, NVDA Stock
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
- GBP/USD Hits Four-Month High Following GDP Growth News
- Market Analysis: EUR/USD Jumps, USD/JPY Bulls Seem Unstoppable
- XAU/USD Analysis: Gold Price Falls from Six-Week High
- Analysts Raise NVDA Forecasts, Stock Price Rises
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WEEKLY FOREX FORECAST June 8-12th Part 2: FX PairsThis is Part 2 of the Weekly Forex Forecast.
In this video, we will cover:
USD Index, EUR, GBP, CAD, AUD, NZD, CHF, JPY
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Weekly Market Wrap With Gary Thomson: 1 - 5 JulyWeekly Market Wrap With Gary Thomson: S&P 500, USD/CAD, Gold Price, TSLA Stock
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
- S&P 500: Mid-Year Prospects Analysis
- USD/CAD Breaks Key Support
- Gold Price Prospects for H2
- TSLA Stock Price Hits over 5-Month High
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huge waterfall coming for GOLD this week, Be ready!GOLD may retest 2318 area and complete an inverted head and shoulders, and then head up to resistance level which lines up perfectly on trendline resistance AND lines up perfectly at the 61.8% Fibonacci level, this is a very interesting level for these 3 lining up this trendline has been valid for months and very strong trendline resistance that has been tested multiple times. I suspect GOLD will plummet down to 2300-2280 by the end of this week, probably during London session as from my personal experience I have seen this happen multiple times and have taken this opportunity to profit off this pattern
moreover the DXY has been making impulses to the upside and healthy retracements to continue with another impulse this week if the trend continues, keeping on eye on news to support this bias and watching these levels on particular the 2340-2350 area
XAU/USD 01-05 July 2024 Weekly AnalysisWeekly Analysis:
Analysis/Bias remain the same as last week's analysis dated 23 June 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a bullish internal iBOS followed by a bullish swing BOS
Most likely scenario would be for price to pull back following bullish internal and swing BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a blue vertical dotted line.
Last week's expectation dated 02 June 2024 was for price to pullback following swing and internal pullback and print a bearish CHoCH.
The forthcoming week's expectation is for price to print a bearish CHoCH to indicate, but not confirm bearish pullback.
Weekly Chart:
Daily Analysis:
Analysis/Bias remain the same as last week's analysis dated 23 June 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish swing BOS. Swing low confirmed and adjusted with swing high yet to be established.
Due to the news on 7 June 2024 whereby China halted reserves buying, Gold sold off, however, from a technical analysis perspective swing and internal structure remains bullish and we are in a Weekly and Daily pullback phase, which has been assisted by the news.
Expectation is for price to continue bearish, react at discount of internal or swing 50% EQ (swing is marked in black, internal is marked in blue) before targeting weak internal high which is denoted with a blue dashed line.
It would not be unrealistic if price continued bearish to the internal or swing low, react at daily demand level before targeting weak internal high.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
As previously mentioned, price reacted at 50% EQ of the internal range to target weak internal low, however, price was unable to close below internal low due to H4 demand zone.
Nonetheless, internal structure remains bearish until strong internal high is taken out.
Price is once again showing reaction to premium of 50% EQ.
Intraday expectation: Price to once again target weak internal low.
H4 Chart:
Weekly Market Wrap With Gary Thomson: 24 - 28 JuneWeekly Market Wrap With Gary Thomson: Nasdaq 100 Index, EU Currencies, USD/JPY, AMZN Shares
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
- Nasdaq 100 Index Failed to Hold above 20,000 Points
- European Currencies Face a Crucial Test: What to Expect
- USD/JPY Rate Hits Highest Level since 1986
- AMZN Shares Set a New All-Time High
Stay in the know and empower yourself with our short, yet power-packed video. Watch it now and stay updated with FXOpen. Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions.
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CFDs are complex instruments and come with a high risk of losing your money.
WEEKLY FOREX FORECAST: UPDATES! DXY, EUR, GBP....Welcome to another Weekly Forex Forecast Update video.
In this video, we will cover the forecasts given in the Weekly Forecast, and allow you to
gauge the accuracy of the analysis.
USD Index, EUR, GBP, AUD, CAD, NZD, CHF
Like and subscribe if you like the video. Thank you!
May profits be upon you.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
XAU/USD 24-28 June 2024 Weekly AnalysisWeekly Analysis:
Analysis/Bias remain the same as last week's analysis dated 16 June 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a bullish internal iBOS followed by a bullish swing BOS
Most likely scenario would be for price to pull back following bullish internal and swing BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a blue vertical dotted line.
Last week's expectation dated 02 June 2024 was for price to pullback following swing and internal pullback and print a bearish CHoCH.
The forthcoming week's expectation is for price to print a bearish CHoCH to indicate, but not confirm bearish pullback.
Weekly chart:
Daily Analysis:
Analysis/Bias remain the same as last week's analysis dated 16 June 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish swing BOS. Swing low confirmed and adjusted with swing high yet to be established.
Due to the news on 7 June 2024 whereby China halted reserves buying, Gold sold off, however, from a technical analysis perspective swing and internal structure remains bullish and we are in a Weekly and Daily pullback phase, which has been assisted by the news.
Expectation is for price to continue bearish, react at discount of internal or swing 50% EQ (swing is marked in black, internal is marked in blue) before targeting weak internal high which is denoted with a blue dashed line.
It would not be unrealistic if price continued bearish to the internal or swing low, react at daily demand level before targeting weak internal high.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has reacted at premium of 50% EQ of the swing range, which is marked in black, and very close to a H4 POI.
Strong swing low is expected to hold, however, it would be worth noting the swing low must be taken as the weekly and daily TF's are both in pullback phase.
Intraday expectation: Price to target weak internal low
H4 Chart:
Weekly Market Wrap With Gary Thomson: 17 - 21 JuneWeekly Market Wrap With Gary Thomson: Nasdaq 100 Index, GBP, SNB Interest rate, Brent Crude Oil
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
- Nasdaq 100 Index Reaches 20,000 points for the First Time
- GBP Awaits Bank of England Verdict: Volatility Ahead?
- SNB Unexpectedly Lowers Interest Rate from 1.50% to 1.25%
- Brent Crude Oil Price Hits Highest Since 1 May
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XAU/USD 17-21 June 2024 Weekly AnalysisWeekly Analysis:
Analysis/Bias remain the same as last week's analysis dated 09 June 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a bullish internal iBOS followed by a bullish swing BOS
Most likely scenario would be for price to pull back following bullish internal and swing BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a blue vertical dotted line.
Last week's expectation dated 02 June 2024 was for price to pullback following swing and internal pullback and print a bearish CHoCH.
The forthcoming week's expectation is for price to print a bearish CHoCH to indicate, but not confirm bearish pullback.
Weekly Chart:
Daily Analysis:
Analysis/Bias remain the same as last week's analysis dated 09 June 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish swing BOS. Swing low confirmed and adjusted with swing high yet to be established.
Due to the news on 7 June 2024 whereby China halted reserves buying, Gold sold off, however, from a technical analysis perspective swing and internal structure remains bullish and we are in a Weekly and Daily pullback phase, which has been assisted by the news.
Expectation is for price to continue bearish, react at discount of internal or swing 50% EQ (swing is marked in black, internal is marked in blue) before targeting weak internal high which is denoted with a blue dashed line.
It would not be unrealistic if price continued bearish to the internal or swing low, react at daily demand level before targeting weak internal high.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price traded to the downside, however, price was unable to breach and close below weak internal low where we saw a reaction at a H4 demand level.
Nonetheless, internal structure remains bearish, therefore, price should technically target weak internal low.
Price could potentially continue to trade bullish, react at either premium of 50% EQ or H4 supply level before targeting weak internal low.
Strong swing low is expected to hold, however, it would be worth noting the swing low must be taken as the weekly and daily TF's are both in pullback phase.
Intraday expectation: Price to continue bullish, react at premium of 50% EQ or H4 POI before targeting weak internal low.
H4 Chart:
Weekly Market Wrap With Gary Thomson: 10 - 14 JuneWeekly Market Wrap With Gary Thomson: S&P 500 Index, US Dollar, FTSE 100 Index, Gold Price
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
- S&P 500 Index Hits Record after Major News
- Dollar Falls after Inflation Data: is a Change in Medium-Term Trends on the Horizon?
- FTSE 100 Index Declines after Labour Market News
- Gold Price Drops after US Employment Report
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Weekly Market Wrap With Gary Thomson: 3 - 7 JuneWeekly Market Wrap With Gary Thomson: S&P 500, US Dollar, Gold and Silver, MSFT Shares
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
- S&P 500 Index: Latest Analysts’ Forecasts
- The Dollar Continues Range-Bound Trading Ahead of US Employment Data
- The Price of Silver Is Acting Weaker Than Gold
- MSFT Shares Surge on Record Yearly Volumes
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CFDs are complex instruments and come with a high risk of losing your money.
XAU/USD 03-07 June 2024 Weekly AnalysisWeekly Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs.
Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a blue vertical dotted line.
Should this week's candle print the same as last week, price would have printed a bearish CHoCH which indicates, but not confirms, weekly pullback initiation.
Expectation is for price to pullback following swing and internal pullback and print a bearish CHoCH.
Weekly Chart:
Daily Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish swing BOS. Swing low confirmed and adjusted with swing high yet to be established.
As previously mentioned, most likely scenario will be for price to pull back following swing BOS. First indication, but not confirmation, would be a bearish CHOCH denoted with a vertical dotted line which price printed.
Price has now printed a bearish CHoCH which is an indication, but not confirmation of pullback initiation.
As mentioned on 24 May 2024, price had wicked above Daily supply zone but was unable to close. This could indicate the possibility of a liquidity grab to drive price bearish to initiate pullback. This happened to be the case.
As mentioned on 26 May 2024, price could react to a Daily demand zone, which price is currently reacting to. However, the demand zone is not positioned well as it is in the premium of 50% EQ.
Price could potentially target the weak internal high which is denoted with a blue dashed line.
An alternative scenario is for price to continue bearish, react at discount zone of 50% EQ before targeting weak internal high.
Daily Chart:
H4 Analysis:
Analysis/Bias remains unchanged from last week's analysis dated 31 May 2024.
Additional comment is that price has done almost exactly as scenario two of my analysis of last week.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish BOS.
After bullish BOS, expectation is for price to pullback.
As previously mentioned, price was showing very early signs of pullback, however, we did not have indication or confirmation.
I also previously mentioned that first indication, but not confirmation, would be for price to print a bearish CHoCH. The CHoCH line is denoted with a blue dotted line.
Price has printed a bearish CHoCH which indicates, but not confirms pullback initiation.
As previously mentioned, if price cannot sustain its bullish momentum, it may seek to mitigate the H4 demand zone below.
Price was failing to break above discount of 50% EQ which could indicate the bulls are losing control momentarily or seeking further liquidity.
As previously mentioned, I have started to map internal structure to gain a better understanding of price action.
I mentioned that the blue dotted line will indicate an internal bearish CHoCH as price may pull back deeper to the extreme of the H4 swing low structure which is marked with a blue solid vertical line. Price has now printed a bearish CHoCH with price currently being contained within an internal range.
Black EQ marked 0.5 is swing range. Blue EQ marked 0.5 is internal range.
Intraday expectation: Scenario one: Price to continue bullish to target weak internal high which is denoted with a blue dashed line.
Scenario two: Price to continue bearish and react at H4 POI below to then target weak internal high which is denoted with a blue dashed line.
H4 Chart:
xauusd analysis for the week 27/52024- 31/07/2024the last week we have witnessed the biggest fall in a week in last 5 months. what will be going to happen in the coming week is much anticipated thing for traders.
our viewpoint is there will be an upward correction in the trend and the retracement zone for the market is from 2327-2333 area and the growing geopolitical tension in the middle east will also be an add on factor for this correction.
if the market goes below 2321 area of support then we can see a downfall till 2275 extended up to 2253.
bullish targets:
2343
2355
2363
2376
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Weekly Forex Forecast May 20-25th... Part 1This 2 part video covers ...
- USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY
- S&P500, NASDAQ, GOLD, SILVER, CRUDE OIL
Thank you for viewing!
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
May profits be upon you.
Crude Oil Weekly Analysis- 20th to 24th May 2024
Over view
As per my previous weekly analysis, Crude oil had great ride from beginning of this year and paused from previous month. Fortunately this was necessary for having further movement. We can consider the previous month process was retracement thus by expecting further movement in upcoming weeks.
Any small bounce from this level would be great bullish indications for good week ahead.
Weekly TF
Price has exactly reacted at 0.382 Fibonacci level which is good sign of bullish continuation.
Good green candle formation after doji formation & crossed 50 EMA
Day TF
Trend: Upward range with 3 consecutive support(HL 01, HL 02, HL 03).
Now HL04 has been created and rejected at same level by creating double bottom.
Inside candle breakout has been found after creating Doji & Bullish hammer.
Price has been rejected from crucial key level
0.5 Level rejected in Fibonacci
Buy:
Entry 01:6691
Entry 02: 6962
Final Target expected: 7235
Direct Gapup/Gapdown entry should be avoided
Get confirmation from any of the leading indicators before entering trade
Kindy comment below in case of any clarification required on this particular idea.
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MCX:CRUDEOIL1!