Good morning, all! I hope you followed our previous updates on the Federal Open Market Committee, and it's potential impact on the market. The market reacted exactly the way we recommended in Gold Trade Idea - FOMC Meeting Minutes In Focus and in our previous morning review update. The US dollar dropped, causing bullishness in Gold. Let's see what's important...
Gold Trade Idea for Today The idea is to take a sell entry below $1,290 with a stop above $1,294 and a take profit of $1,286 and $1,283. Good luck! Read More: www.fxleaders.com
EURJPY - Trading Plan We have two options: Sell Limit - Put a sell limit at $132.250 with a stop above $132.450 and a take profit at $131.350. Sell Stop - Place a sell stop below $131.150 with a stop above $131.450 and a take profit at $130.750. Good luck! Read More: www.fxleaders.com
At 15:30 (GMT), the Energy Information Administration will be releasing the inventories figures. It's expected to report a draw of -1.4M but considering the API report, we can expect a draw of up to -6M/ barrels. Read More: www.fxleaders.com
Once again, I will be waiting for Gold to come down near $1,276 to take a buy entry. My first target is $1,287. While $1,287 seems to be a nice level for selling. Good luck! Read Full Analysis: www.fxleaders.com
For the reasons discussed in full article, I shared a signal to open a sell position below $56.80 with a stop above $57 and take profit at $56.45. Be careful with the news, and it's better to close position ahead of the news release today. Good luck! Read Full Article Here: www.fxleaders.com
Considering the above indications, we opened a sell signal below 149.4 with a stop below 149.52 and a take profit of 148.82. Good luck and keep following for more updates! Read More on FXLeaders.Com: www.fxleaders.com
I will be waiting for Gold to come down a bit near $1,276 to take a bullish entry to target $1,287. On the other hand, $1,287 seems to be a nice level for selling. Good luck. Read More: www.fxleaders.com
Good Morning, traders. It's such a phenomenal beginning of the week. Our forex trading signals closed more than 100 pips. The long-term position in Gold is doing great, and the short-term position helped to pocket nearly 55 pips. Likewise, another signal shared in A Quick Trade Setup on EURJPY closed 60 pips. Now I'm serving up EUR/USD and GBP/USD to secure high...
I'm looking to stay bearish below $56.65 with a stop loss of $57.20 to target $56.05 and $55.85. Keep following us for further updates on it. Good luck! Read Now: www.fxleaders.com
Support Resistance 131.74 132.85 131.34 133.56 130.63 133.96 Key Trading Level: 132.45 EURJPY - Trading Plan The idea is to stay in buying above $131.600 with a stop below $131.150 in order to target $132.250. Good luck! Read More: www.fxleaders.com
Have a close look at the 4- hour chart, the EURUSD is likely to find support at 38.2% Fibonacci retracement level of $1.1730 and $1.1675 61.8% retracement level. Read More for Entry, Take Profit and Stop Loss: www.fxleaders.com
On the 4- hour chart, we can see a big bearish candle (bearish engulfing) which is engulfing the previous bullish candle (shooting star). The shooting star candlestick itself demonstrates the bearish reversal. That's one of the reason we can open a sell in Gold today. Read More for Trade Idea : www.fxleaders.com