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Bearish Forecast (100 pips) Trend Analysis: A bearish forecast suggests that you expect the price of EURAUD to decline. This could be based on a technical setup, such as a clear downtrend or price action indicating weakness in the euro or strength in the Australian dollar. Resistance Levels: You might have identified resistance levels or technical...

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Fundamental Drivers for GBPCAD Bearish Move Weakness in the British Pound (GBP): The British economy has faced challenges due to factors like: Post-Brexit Trade and Economic Struggles: Ongoing economic issues related to the UK's departure from the EU (Brexit) could weaken the GBP. Supply chain disruptions, inflation, and labor shortages are some...

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Trail the Stop Loss: If you're in profit, you could move the stop loss up to a break-even point or closer to the current market price to secure some of your gains while allowing the trade to develop further. Partial Exit: If you're comfortable with the current profit, you could exit part of the position to take some profits while leaving the rest to run. Monitor...

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. Entry Point: Current Price: Check the current price of USDCAD. A good entry would typically be on a pullback or a confirmation of bullish momentum. Technical Analysis: Identify a support level or a technical signal (e.g., price action, moving average crossover, or bullish candlestick patterns) to enter the trade. 2. Target (100 Pips Bullish): If...

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XAG/USD (silver against the US dollar) for such a large move, like 10,000 pips, is extremely difficult and speculative. Typically, XAG/USD moves in a range of a few hundred pips per day or week, depending on market conditions, and 10,000 pips would represent a massive shift in price—around a $1000 move for a single ounce of silver. This would require significant...

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echnical Analysis: Resistance Levels: If EUR/JPY is currently near a significant resistance level, a reversal to the downside could be likely. Trend Indicators: Look for confirmation from moving averages (like the 50 and 200 MA) showing a bearish crossover, or if the RSI (Relative Strength Index) is overbought and signaling a potential pullback. Price...

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Technical Analysis: Resistance Levels: Identify recent resistance areas where price has struggled to break through. For instance, if GBP/CAD has recently failed to break above a certain level (e.g., 1.7000), this could act as a strong resistance zone where a pullback or short entry is likely. Trend Indicators: Moving Averages: Look for bearish...

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Technical Analysis: If there's a strong resistance level ahead or if price is nearing an overbought condition (using indicators like RSI or MACD), a pullback could be expected. Fundamental Factors: Are there any upcoming events (such as economic data releases or central bank decisions) that might drive the pair down? Market Sentiment: Sentiment shifts in the...

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1. Current Market Conditions & Entry Setup: Recent Price Action: Look for confirmation that USDJPY is in a bullish phase. If the pair has recently broken through resistance or is trending higher, a 100-pip move upwards is more likely. Support and Resistance Levels: Identify a key support level or price consolidation zone to enter the trade. For instance,...

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1. Understanding the Scale: 25000 Pips in Gold: A 25000-pip move in Gold means 250 units of price movement. Given that Gold typically moves in increments of 0.01 (1 pip), a 25000-pip move would imply a change of 250.00 in the price of Gold. Example: If Gold is trading at $1900, a 25000-pip bearish move would target a price of $1650 (1900 - 250). This...

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Current Market Conditions & Entry Setup: Identify Support Level: Look for a recent key support level or consolidation zone that could act as a strong base for price action. For example, if USDCHF is currently around 0.9300 and has recently bounced off a support at 0.9250, this could be a good level for an entry. Bullish Trend: Confirm that the pair is in...

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Key Levels: Resistance Zone: Identify a strong resistance level where price shows repeated rejection (e.g., Fibonacci retracement level, previous swing high). Support Zone: Ensure the 200-pip target aligns with a significant support zone or pivot area. Indicators: RSI/Overbought: Look for RSI divergence near overbought levels (>70). Trend...

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Define Your Data: Historical EUR/AUD price data (open, high, low, close) at a suitable time frequency (e.g., hourly or daily). Include relevant covariates such as macroeconomic indicators, market sentiment, or other correlated currency pairs. Select a Methodology: Statistical Models: ARIMA/SARIMA: Suitable for stationary series with clear...

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Identify Major Trend: Long-term Technical Analysis: Review weekly or monthly charts to identify key support and resistance levels, as well as the overall trend. Silver tends to follow large cycles, so confirming a trend alignment in the right direction (bullish or bearish) is crucial. Technical Indicators: Use indicators such as the moving averages (50,...

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Entry Point Selection: Identify a key support or resistance level for entry, depending on whether you’re looking to go long or short. Use technical indicators (e.g., trend lines, moving averages, Fibonacci levels) to confirm the trend direction and enhance the probability of reaching your target. Stop Loss (40 Pips): Place your stop loss 40 pips...

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Identify the Low Point for Stop Loss: Check the recent low on your timeframe (could be a few candles back on your chart). Set your stop loss slightly below that low to avoid getting taken out by market noise. Entry Point: Enter the trade near a level of support if you are buying or near resistance if you are selling. Ensure your risk-to-reward...

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top Loss at the Recent Low: Setting a stop loss at the most recent swing low is a common risk management strategy to minimize potential downside. It ensures that if the price action breaks this level, the trade will be closed automatically, potentially indicating a bearish reversal or continuation pattern. Target of 1000 Pips: A 1000-pip target on XAG/USD is a...

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Entry Point: Look for an entry around a resistance level on a 4H or daily chart. A retest of broken support could also be an ideal entry area. Stop Loss and Take Profit: Position a stop loss just above a recent swing high to minimize risk, with a profit target aligned to key support zones that give the potential for a 1,140-pip move. Trailing Stop: Since this...