USD will give back gains from yesterdays NFP results. XAUUSD is printing bullish signals. The end target for this would 3390.
For the first time, I have done some fundamental analysis. Last time NFP release was on a Thursday due to Bank Holiday was July 2020 where the USD gained on the news release but later gave up the gains. I am expecting a pullback
XAUUSD looking like this before New York open. Anticipating collection of liquidity and bullish orders at 3339 and a pump towards 3383.
Gold signal until the news release, price should decline from this pivot 3352 towards 3338. The uptrend will likely continue from 3338
Get ready for a strong bullish rally on EURUSD. There is a massive breakout of a bullish flag pattern price is currently forming a continuation pattern; another bullish flag on the smaller timeframes
XAUUSD huge move down can be expected today , price will begin to decline during Asia session. Gold price may revisit 3300, before a possible bullish rally on Friday
ASIA session will sink EURJPY price low towards 168,888. Price is currently consolidating between two ranges, let us exploit this move
GBPAUD price will move higher from this area of demand towards 2,1. An inverse head and shoulder pattern has emerged on the daily timeframe.
The triangle is tightening at the resistance and we will soon see price break upwards and rally towards 170,841. Sell for now
USDZAR to short to nearest pivot just below the fresh low at 17,60. New York session closed negative and price will revisit that low. Enter now and when the channel breaks
XAUUSD price will continue higher looking at this bullish flag. Price should collect liquidity around 3334.
EURAUD gathers strength for a possible swing move to the upside. An evident bullish flag pattern has emerged, it is all about getting the right entry
NZDUSD price has been gradually moving up this channel and price has reached a resistance. Signs of a possible reversal are there, enter now and on the break of the trend line
I see this head and shoulders pattern on EURUSD M15 timeframe. Entry should be 1,7955 above so this trade will require some patience. EURUSD is currently on an uptrend so exit the trade soon as tp hits.
GBPAUD BUY @ 2,0888 Targeting 2,09836 Expecting a pump towards the buy side liquidity, from where price quickly declined. FVG can be applied here too.
As usual, at the beginning of each month, we like to have an overview of the current and previous month price action. Price is slowly starting a downtrend. It may be late for entry but this is a huge move in which one is scoring big with sells this July
Bias completely switched on XAUUSD, price will keep moving higher into 3344 and 3350 area. Buy now
Sell gold here at 3333, targeting 3303 and below. Bearish flag on display signaling a possible continuation of the strong bearish momentum since ceasefire was announced.