forex_forge

forex_forge

**Is the US Dollar Heading for a Bearish Turn? Key Insights to Watch** The US dollar has been a hot topic lately, and for good reason. With Donald Trump back in office and the motto being *AMERICA FIRST*, the currency’s trajectory is under scrutiny. As many of you know, the Trump administration has historically favored a weaker US dollar and lower interest...

forex_forge Updated 

As gold (XAU/USD) hovers near the psychological level of $2,700.4, with a recent low at $2,698.4, market sentiment is critical. Recent price action shows signs of fading momentum, with buyers stepping in to stabilize prices around $2,700-03 at the end of the week. Supply and Demand Analysis Using a supply and demand approach, the following zones are...

forex_forge Updated 

as we anticipated the market will open with continuation of the strong trend it has ignited on Fridays close. today we see a retracement on the upper channel trend line to finish wave four maintaining a bullish structure to wave five .going forward with anticipated fed rate easing might present us with a head and shoulder pattern with bulls and bears being at play...

forex_forge

Nasdaq is trading at a descending channel meaning a clear bearish structure, the way i look at it, im seeing a reversal to previous low of 18189 support line for a probable uptrend as option one meanwhile trading in accordance with the descending channel and price breaks the support area and continues below 18700 area then price might reverse further to monthly...

forex_forge

Gold price holds near a fresh all-time high at $2,236 in thinned trading amid the Easter Holiday. Most major world markets remain closed, although the United States published core PCE inflation, the Federal Reserve’s favorite inflation gauge. Investors are gaining confidence in Gold as they anticipate three rate cuts from the US Federal Reserve (Fed) in the coming...

forex_forge

as the price ranges accumulating new opportunities for new traders entering the market with optimistic for upward direction. we see prce doing a reversal to area 902 from all time higs of 975,we expect price to complete simple WXY elliot wave at 888 where we have a long setup in range positiion to the upward (bullish bias)

forex_forge

With week ending with a slight touch on weekly resistance zone of 1930.57.i anticipate a contrarian long trade setup in that ,a slight pullback to 1920 uptrend line before continuing to retest our previous resistance level where we know there's a cluster of sellers and a break up to the upside would lead bulls loading up-to the next near term resistance 1934...

forex_forge

With busy economical week ahead I anticipate the gold with remain in bullish stance with a slight retracement on area 1920 then advancing to test near term resistance of 1928 where have our first tp placed and if that is broken to the upside we'd experience more bull getting with the trend..

forex_forge

dxy approaching strong resistance zone making it perfect entry for eur buy side

forex_forge

going short when my trendline 1679.95 to 1835.19 gets touched upto a weakly support offering a cheap buy set up on 1808 where my buy order lays to the upside move upto 1828 resistant zone