🔰 Pair Name: GOLD/XAUUSD 🔰 Time Frame: 1H/4H 🔰 Scale Type: SMALL Scale 🔰 Direction: LONG/BUY 📈 Fundamental Point of View 📉 Gold price experienced a strong rebound after the US NFP report fell short of expectations last Friday. In July, fresh payrolls were 187K lower than the consensus of 200K, although they were marginally higher than June's print of 185K. The...
🔰 Pair Name : DXY 🔰 Time Frame : 4H 🔰 Scale Type : SMALL/ MID Scale 🔰 Direction : SELL 📉📊 Last Friday, the DXY (US Dollar Index) experienced a sharp decline after the release of the Non-Farm Payrolls (NFP) data. The price had reached the Fibonacci level of 78.6% at 102.722, which led to a significant drop. 💹🔍 Today, on Monday, the DXY seems to be in selling...
🔰 Pair Name : EUR/JPY 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/SELL Not too much to talk about in technicals as it's all obvious at the moment, as shown in the analysis drawing. 📈 Fundamental shifts in the Japanese economy are gaining momentum. The recent remarks from Bank of Japan Governor Ueda at the ECB central bank forum suggest...
🔰 Pair Name : EUR/USD 🔰 Time Frame : 1H/4H 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/SELL Last week's EURUSD movement aligned precisely with our projections, witnessing a substantial decline amid DXY's correction. Currently, the price has found solid support at a reliable 4-hour demand zone. Our analysis indicates an imminent upward movement, with an expected...
🔰 Pair Name : AUD/USD 🔰 Time Frame : 4hrs 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/ SELL The AUD/USD pair encountered strong resistance near 0.6750 during a hesitant pullback in the late European session,we are expecting the price to go possible higher high at the liquidity key high area 0.67788 area before further sell. As investors approach the Federal...
🔰 Pair Name : CAD/CHF 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/SELL 📈From a fundamental perspective, the CAD (Canadian Dollar) and USD (United States Dollar) share a strong correlation due to their economic ties. The majority of Canada's trade is with the US, making it susceptible to economic events and policies in the US, which...
🔰 Pair Name : NZD/CHF 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : MID Scale 🔰 Direction : LONG/BUY NZD/CHF Forecast: Bullish Momentum Expected as Price Reaches Key Support Zone Hey traders! 📈🚀 NZD/CHF has reached a critical juncture on the charts, arriving at a significant Monthly demand zone around the 0.53 area. This zone not only marks the historical low for...
🔰 Pair Name: GOLD/XAUUSD 🔰 Time Frame: 1H/4H 🔰 Scale Type: MID Scale 🔰 Direction: SHORT/SELL Technical Analysis: Over the last two days, GOLD/XAUUSD has completed its liquidity grab to the upside and retested the 23.6% Fibonacci level during the DXY dip yesterday. With the DXY retesting the 100.8 area this morning, the GOLD price seems poised to head downwards...
🔰 Pair Name : XAU/USD 🔰 Time Frame : 4H 🔰 Scale Type : MID Scale 🔰 Direction : SELL On the last trading session, gold experienced a significant break of a major uptrend line. As per our analysis, we anticipate that gold will undergo a retest of the aforementioned trend line within the buying liquidity range of $1972-$1973 area. Subsequently, we expect a downward...
🔰 Pair Name : GOLD/ XAUUSD 🔰 Time Frame : HOUR/DAILY 🔰 Scale Type : MID/LONG SCALE 🔰 Direction: LONG/BUY Technical View 📈: Gold has recently broken a significant downtrend, indicating a potential trend reversal. 🔄 Currently, it appears to be undergoing a final retest on the daily supply zone, which has been breached. This suggests that the price may be headed...
🔰 Pair Name : DXY 🔰 Time Frame : 4H 🔰 Scale Type : MID Scale 🔰 Direction : SELL During the recent correction in dollar strength that began last week, the DXY showed a rally to the 101.5 area without undergoing a proper retest to the downside. Today, the price reached the 4-hour supply zone above the 101.111 area. There is potential for a retest to the downside...
The Dow Jones /US30 is currently experiencing a test of new highs as the ongoing rally continues. Yesterday's market performance was robust, with a significant number of index components showing upward movement. Notably, the RSI on the 4-hour chart has now entered into overbought territory. Furthermore, the RSI on the daily chart also reached overbought levels...
🔰 Pair Name : XAU/USD 🔰 Time Frame : 4HOUR 🔰 Scale Type : LONG SCALE 🔰 Direction: BUY SELL BUYYYY SELLLLL 📈 Technical Analysis: Gold Eyeing Critical Levels and Potential Downside Targets 📉 🔍 Chart: 4H timeframe 💎 Gold has reached a key Fibonacci level of 61.8% at the $1,912-$1,900 range! 📊 The past two weeks witnessed a bullish surge, propelling gold to retest...
🔰 Pair Name : EUR/CAD 🔰 Time Frame : 4H 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/SELL 📈 EURCAD Technical Analysis Update 📉 Greetings, fellow traders! 🤝 Today, we delve into the technical aspects of EURCAD on the TradingView chart. Over the past year, EURCAD has been maintaining a monthly uptrend since July 2022. However, starting from April 2023, the pair...
🔰 Pair Name : EUR/USD 🔰 Time Frame : 1H/4H 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/SEL Last week, the Eurusd market experienced a notable imbalance, largely influenced by the weakening dollar strength. At present, we're witnessing a decline in buying strength, evident from the low buying momentum and the price hovering around 1.12488, signaling a possible...
🔰 Pair Name : XTIUSD 🔰 Time Frame : 4hrs/ Daily 🔰 Scale Type : Long Scale 🔰 Direction : Short/ Sell As a professional trader, I would like to highlight the key resistance levels for WTI crude oil. The primary resistance areas are located at $80.00, within the daily supply zone, and at $77.30, represented by the 200-day moving average (MA). Conversely, crucial...
🔰 Pair Name : XTIUSD 🔰 Time Frame : 4hrs/ Daily 🔰 Scale Type : Long Scale 🔰 Direction : Long/ BUY In recent times, the market has witnessed a significant development: the emergence of a Daily Bullish Pin Bar on Friday. However, it is worth noting that this particular bullish pin bar displayed signs of failure in terms of price action. This prompts us to...
🔰 Pair Name : XTIUSD 🔰 Time Frame : 4hrs/ Daily 🔰 Scale Type : Long Scale 🔰 Direction : Long/ BUY - Price is on the way to retesting Daily/ 4H strong resistance at 66.55/664.41 again - Price expected to rise again to at least 76.7 at the top of the daily downtrend channel. - If price break the downtrend channel, it will rise to at least 83