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Presently, the market is undergoing a corrective phase, characterized by a discernible adjustment in asset prices. The AUD often acts as a risk-sensitive currency, with its value correlating to global risk sentiment. During times of heightened uncertainty, traders may flock to the safety of the Canadian Dollar (CAD), impacting the AUD/CAD pair. In light of this,...

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The EURJPY price has recently reached a high point, which might suggest that it could start going down and reach a specific level known as the "golden pocket."

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Looking at the technical aspects, the current oil price is expected to go up because it has reached a point where it historically tends to change direction, known as double bottom. This pattern resembles two low points situated closely together on a graph. As a result, there's a good chance that the oil price (WTI) might go up until it hits the next Fibonacci...

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In the current market scenario, gold finds itself within what is commonly referred to as the "golden pocket," a term often associated with Fibonacci retracement levels. At this juncture, the price of gold has reached the 61.8% retracement level, known as the golden pocket, which signifies a potential point of interest for traders and analysts alike. From the...

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Currently we are in golden pocket if we see Daily chart. Golden pocket is known as a reversal movement, I was expecting downward movement, but currently, last candle on daily chart is bullish pin, meaning, Oil price is going to rise significantly. Do you own research, I'm bullish in long term.

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Crude oil has reached new highs recently, and overall bullish trend is hanging on the edge of correction. Golden pocket shall be targeted. I see a short possibility as per recent week movement, do your own research before accepting my idea.

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Hi, The markets structure is wordless, I see here a double top on the current chart, therefore, selling from 1996.73 Be cautious! It may climb up, SL 2016.73, TP 1880.73 Good luck to you all!

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Dear traders, Yesterday we made a new high, therefore, we are now expecting correction movements. Trading is about probability, so after doing some research, I shorted based on possibilities for the nearest period, and afterward, we could see some good long-breaking previous highs. Please don't forget, that tomorrow FED is going to teach us a lesson, taking into...

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DXY is moving up since the begining of february. Promises about hiking rates are pushing it up. I see correction from next fib level, meaning small upside and going down in nearest terms.

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The United States Initial Jobless Claims is taking place Today, March 9th at 13:30 GMT. We are expecting some good moves today. A recent FED speech about rising hikes can be implemented only if jobless claims will be lower than expected. If we follow common sense, then not a soul will tell you the directions of the "Whales", unless there is a chance for them to...