13:30 * Non-farm payrolls: Meet expectations but have declined from 216K to 180K. This is also bullish for the US dollar because it meets the forecast. +💲 * Unemployment rate forecasted at 3.8%, in line with expectations or slightly above, which supports the US dollar. This may lead to a pushdown in non-US gold and silver prices to the 30/1-hour moving average...
This week, GBP had a significant gain, proving to be quite profitable. I made my entry based on three confirmed signals: * The previous resistance zone (white box). * The 60EMA on the 2-hour timeframe. * A pullback to the 60EMA with no higher highs, and the MACD indicating into downtrend. Looking ahead, I'm considering another short position when the price...
1, Don't break pre-low and head back up 2, Break pre-low to create a divergence from MACD -4H , then head back up
Wouldn't hit a record high, sell from 1.2350 to 1.1960, gain +300 pips.
Resistance around 1240 chart W/M Short : Target- 1 11935 Target- 2 11785 Target- 3 11650
23/11/22 FOMC Minutes 19:00 Long targets L1 - 12040 L2 - 12240 Short targets S1 - 11750 S2 - 11580
Bearish trend 2h Chart : Down to the pre-resisting area 1140-1120. Viewing if it break the pre low price, if not , will go high and high to the 1275 -1200.