AUDUSD SHORTS Hey Traders. As we hea dinto CPI and FOMC interest rate decisions, i will be giving my take on AUDUSD, one of the best pairs to trade at the moment. We are very bullish on USD stance as we expect good numbers of CPI and the Federal Reserve to keep interest rate decisions on hold. As a result, we should look for USD buys to occur. On the other...
Today, we have the OPEC meetings currently present. The outlook for oil prices over the next few months is highly dependent on what is discussed today. My predictions for the OPEC meetings today is a bearish outcome. Many threatens out there have been made to cut production of oil, yet the global demand for oil has been slowing down with the rise of trade wars...
Gold Trade Idea In the Long Term As plotted in the chart. the recent news that Donald Trump is extending the dateline of the trade deals further sees Gold flying to the 1470 Level. I see this price action as a initial impaulsive reaction to the news. There is still more initial bullishness to go. Therefore, im seeing a buffer to the 1475 zone before looking for...
With an update to a post i made a week ago, i believed that on the monthly gold(XAUUSD) would fall on that trendline and have another leg up. This is especially playing out significantly well. The fed will probably hint at a dovish USD meaning that gold would probably rise further. Ill keep on holding to this trade. Key notes: Banks are also long on gold
Gold Monthly Analysis With trade wars between the US and China ongoing, we have already seen the impacts of the conflict: 1) Investors moving to safe havens like gold and JPY therefore, we have seen a surge in Gold prices since last 2 weeks. Im expecting gold to continue rising as the conflict continues. Banks are still holding and picking up gold as the market...
USDJPY ANALYSIS USDJPY has broken its weekly support zone and trendline resistence. We are approaching 103+ very easily. Keeps a heads up Bonus: Banks and institutions are still short on USDJPY. Trump may not carry out september talks. USDJPY still ongoing for a short.
USDCAD DAILY ANALYSIS Trade Probability For This is Really LOW Trump recently made a Bold Statement on his twitter mentioning: -------------------------------------------------------------------------------------- "Things are going along very well with China. They are paying us Tens of Billions of Dollars, made possible by their monetary devaluations and...
NZDUSD H1 With RBNZ interest rate decision coming close (August 6/7) , We should be expecting tons of volatility in NZD pairs. ============================================== What we already know: NZD is likely to cut rates given the fact that a sell off had already happened. The effects are already priced in. The interest rate however, is going to have some...
GOLD 4H ANALYSIS Trend: Uptrend Sentiment: Bullish ~ ~ ===================================================================================== Donald Trump recently made a bold statement on his twitter page mentioning: Things are going along very well with China. They are paying us Tens of Billions of Dollars, made possible by their monetary devaluations and...
Donald Trump just made a bold statement on twitter. On his statement he mentioned: Things are going along very well with China. They are paying us Tens of Billions of Dollars, made possible by their monetary devaluations and pumping in massive amounts of cash to keep their system going. So far our consumer is paying nothing - and no inflation. No help from...
EURUSD 4H MARKET ANALYSIS Donald Trump made a really bold statement on his recent tweet mentioning: ------------------------------------------------------------------------------------------------------------------ "Things are going along very well with China. They are paying us Tens of Billions of Dollars, ' made possible by their monetary devaluations and...