OfficialKieranTrewick

OfficialKieranTrewick

The currency pair EURGBP appears to be following a pattern where it retraces off a trendline to create a price reversal. The pattern has been observed in the past where the pair had one touch and then dropped, followed by another touch and another drop. Currently, the pattern seems to be repeating itself where the pair has touched the trendline and is expected to...

OfficialKieranTrewick

After identifying a potential triple bottom pattern on GBPJPY, I took a long position following a successful retest of the key support level at 157.00. This trade has entered into profit, with the current price at 161.500. Moving forward, I am watching for a breakout above the neckline, which would signal a new opportunity to enter another long position with a...

OfficialKieranTrewick

Following a reverse in a strong bullish trend XAUUSD has broken below the 200 day EMA with 2 wedge breakouts on the 4hr and Daily timeframes that saw us go from 1960 at the start of the month to 1843 the current price and now with the break above the 200-day moving average which is seen as a bullish signal for gold, as it indicates a long-term uptrend in prices....

OfficialKieranTrewick

The price of gold, represented by XAU/USD, has been declining in February, driven by a combination of factors. One key factor is the rise in U.S. Treasury yields, which has put downward pressure on gold prices. Additionally, the strength of the U.S. dollar has also contributed to the decline, as a stronger dollar can make gold more expensive for holders of other...

OfficialKieranTrewick

A double bottom is a bullish reversal pattern that forms after a downtrend, where the price hits a support level twice and bounces back up. A head and shoulders pattern is a bearish reversal pattern that forms after an uptrend, where the price makes three peaks, with the middle peak being the highest, and then drops down. We saw price break out and above the...

OfficialKieranTrewick

📈💷 In the last few weeks, the British Pound has been on the rise, gaining against major currencies such as the US dollar and the Euro 💪🏼🚀 This trend has been fueled by several positive economic data releases, including better-than-expected GDP growth, retail sales, and employment figures 📈💼🛍️👨‍💼 Additionally, hopes of a post-pandemic recovery and progress in...

OfficialKieranTrewick

My analysis of the XAU/USD pair takes into account a range of factors that can impact gold prices, including economic data, geopolitical tensions, and market sentiment. By staying up-to-date on these factors, investors can better navigate the ups and downs of the gold market. There are several factors that may have contributed to the recent drop in XAU/USD. One...

OfficialKieranTrewick

What is your thoughts on GBPCHF ? Pre cpi news expectations

OfficialKieranTrewick

#xauusd Gold had a strong bearish engulfing followed by a trend breakout during non farm payroll that saw gold plummit. Now following a breakout of a smaller wedge and retest we could see gold drop again to the next key level. Here's a summary of some of the key factors that have been impacting the US dollar (USD) and gold (XAU) over the past few days: US...

OfficialKieranTrewick

50 Day MA acting as support, Ascending Triangle on 4HR + Daily Looking to Short down to Oversold Zone Awaiting retest of MA again or Daily candle closure to see how markets react after opening tonight. Patience is the key with this setup. What is your thoughts?

01:09

OfficialKieranTrewick

The Three Black Crows or as otherwise known Three Soldiers are a formation of price continuation showing how the bears are taking control over the bulls to reverse the trend as we can see here. Price comes down buyers try to push it back up only to be reversed by sellers overpowering them so it falls back down the buyers try again but realise the bear is the...

01:50

OfficialKieranTrewick

Nice quick and easy method for everyone to be able to measure pips for their risk reward ratio and risk management.

OfficialKieranTrewick

GBPJPY Has retested off the key support zone again to create the end of a triple bottom that we previously saw break out bearish but with last weeks positive news for GBP and the downward trend of the JPY add confluence to the pivot point and we could see prices rise, that being said amidst the gloomy outlook on the undecided interest rates in the UK it would be...

02:36

OfficialKieranTrewick

First video Tutorial: Like if you prefer these to normal chart pictures ?

OfficialKieranTrewick

Feb/March 2022 Gold is going through a similar bull rally that pushed to 2000. We had the FOMC and Interest Rates today with the Non Farm Payroll upcoming this week I suspect it is just a matter of time before we see another bull rally similar to that of last year. As we have broke out above the respective 75% zone and price action is showing overbought...

OfficialKieranTrewick

Following my hourly outlook post yesterday that was pre news we did indeed pullback near to the top of the hourly trendzone before dropping into a bearish market today after negative high impact news adding to the confluence of the bearish ascending triangle breakout which has had multiple key resistance retests to assure the trend reversal process has begun. I...

OfficialKieranTrewick

What is your thoughts ? looking at a possible long with all the high impact news for EUR tomorrow.

OfficialKieranTrewick

After the breakout of the wedge and the overbought price conditions its time for gold to have a little nap before the marathon to 2000 hehe! Personally i think the only way is up...for now anyways! If not the FOMC the NFP will certainly be the deciding factor in this short term trend perspective and whether they help add to the confluence of the bulls or bears....