Saibi_FX

Saibi_FX Updated 

Gold after breaking above 1900 continued its bullish move and broke above trendline resistance. Gold is moving above trendline support. Possibly if market respects the zone, 1930 is on card. Bullish engulfing candles clearly showing Bullish move.

Saibi_FX

Gold has been experiencing a bearish movement lately, and several factors contribute to this downward trend. Analyzing recent developments, it becomes apparent that the strength of the US dollar is playing a significant role in this scenario. One crucial factor influencing the bearish sentiment on gold is the positive dollar data observed yesterday. This can be...

Saibi_FX Updated 

Euro/Usd is near to trendline resistance. We have identified two technical patterns. according to both pattern, a downward move should be seen. Lets see if market respects the zone. Descending wedge pattern with a flat bottom declining top.

Saibi_FX Updated 

Gold successfully made breakout above 1900 and continued its rally. It made breakout above trendline resistance. now price was trading above trendline support. Previous analysis rocked. We assume this rally to continue if price sustains above 1920. Lets see if market respects the zone

Saibi_FX

Gbpusd is performing well. As per previous analysis it rocked. Price is again trapped in the Parallel channel. Us data last night was strong like Bonds. THese data news are of long term affect. Lets see if market respects the zone. Overall market will be choppy as US holiday.

Saibi_FX Updated 

The USD/CAD forex pair is influenced by: - Commodity prices, especially oil - Interest rate differentials between the US and Canada - Economic indicators such as GDP, employment, inflation, and trade balances - Market sentiment and global risk appetite - Political events Monitor your trades. Key factors are mentioned above so trade accordingly

Saibi_FX Updated 

Jobs data awaited today. Market will be choppy before jobs data. Expecting price to reach 1980 soon as FED members are giving surprising statements regarding Interest rate hikes thats why investors are in fear due to no clear direction. They may skip rate hike this month or skip. Statement We may skip a meeting affected the market yesterday. Lets see how price...

Saibi_FX Updated 

Gold overall rejecting all fundamentals but near to trendline resistance at higher timeframe. Try to Enter in the zone mentioned. Break of structure and break out of trend and breakout of resistance on small timeframes.

Saibi_FX Updated 

Gold after the successful breakout below the major support level 2000 is trading near 1990. it is expected that a pullback to 1999 is possible in near term but overall Bearish momentum will be sustained.

Saibi_FX Updated 

Here is the possible scenario for EURUSD. We have a breakout above the trendline. Lets see how price action works

Saibi_FX

Heavily armed Russian mercenaries who advanced most of the way to Moscow began turning back on Saturday, de-escalating a major challenge to President Vladimir Putin's grip on power, in a move their leader said would avoid bloodshed. It is expected that Gold will rise before NEXT FOMC. Counter buys so use proper money management. FED officials statements are...

Saibi_FX

Gold has been trading within the range of 40$ for more than 1 30 days. It was expected that FOMC will decide the way of market but the officials made it again suspensive because There was no change in Interest rates but they gave clues that they will lift it more. This hawkish statement made investors to stay back and wait for clear decision. Fundamentals are...

Saibi_FX Updated 

Gold is on ideal zone for short positions, Double top, Breakout of structure, Break of Trend, DXY ride, Bearish trend, Daily support level breeched so many other reasons for selling Gold. Money management is key to success. I will focus on selling as long as price is trading below 1970. Best wishes. Weekly closing so big surprises are coming soon

Saibi_FX

Gbpusd is trading within the range, expecting a bigger correction for now. Hawkish statements, Strong USD data and DXY ride will push it down

Saibi_FX Updated 

Gold has broken below the daily support level but still few things to be done like Pullback and retracement. Labor data is totally week contrary to this few indexes are positive like Philly index. Short positions valid as price will retest the trendline resistance and lower rib of the channel . Best wishes. Lets wait and watch how price action works

Saibi_FX Updated 

High accuracy pattern identified & lets enter with proper money management Follow us on all platforms, you will not regret Visit Tradingview profile

Saibi_FX Updated 

GBPUSD is trading within the parallel channel after breakout above the trendline resistance. Still FOMC eyed. USD overall mix data. CPI data was mix. Interest rate decision will be more interesting for USD pairs so keep eye on FED decision.

Saibi_FX

Gold is trading above basic and daily support level. WE expect to fill the gap in this Parallel channel before FOMC. Interest rate decision will definitely give a direction to the market. SO be ready for Now. It is expected that Market will hit previous highs near 1980 if it sustains above 1960 in at least h1 or h4 candle. Lets see how price action works in the xone....