Volumetric void marked on the chart near moving averages, surely the market will visit this area below. From there it could be a good area to start again. The only negative side is news that will come out in a few hours, I don't like trading pre-news but I find this setup interesting. we'll see.
The dollar is resilient, the fundamentals are there... even for a weak euro they are there, the eurozone is not doing great, especially Germany which is the protagonist. But this steep descent mhhh, the volumetric wants are so many, I would like to see a rise before continuing the descent. Fairly risky trade, based only on volumetrics and a fairly contrary...
After a great climb, Fiber has finally started its descent towards a fair value zone, leaving inefficiencies and volumetric voids along the way. Will we go and get them back before going back down? I think so, we'll see!
After a major climb, I expect to see a retracement in this area. As always, use your head and correct money management.
Audcad coming from a strong bullish rally, is currently in the upper part of the bullish channel, we could expect a retracement from this area before resuming the bullish rally. We will see.
Good start to the week everyone. Monday already very active in terms of volumes, this is what I expect from gold in the next hours/days.
Whether you do swing trading or intraday I leave you a general outlook on FX:EURUSD and TVC:DXY to highlight the important areas on high TF and the possible developments in the coming months/years.
I see too many people convinced on a brutal long of eurusd from this level..Ok the macroeconomic situation leaves one to think that the dollar will continue its decline in a massive way, there is talk of a cut of 50 basis points, there have even been speculations on 75 basis points but according to my studies and the general sentiment the cut will be 25 basis...
The heatmap shows a very important volume block in this area, if it gets there I will try a long from this point with a relatively tight stop. I am not looking to make the entry of a lifetime, but surely from this point there will be a reaction and I want to take it home, so be careful and tight stops.
Good FVG visible in TF H8, the price seems to be headed to that area before a physiological descent. Tomorrow NFP so be careful, I expect the shock that will end the great summer confusion, trusting that at the end of the summer the markets will return to being more decipherable.
The recent decline in the U.S. dollar can be attributed to several economic factors. Firstly, recent inflation data indicates that inflation in the United States is slowing down. The annual inflation rate for June 2024 was 3.0%, down from previous months. This slowdown has strengthened expectations of a less restrictive monetary policy from the Federal Reserve....
Difficult, almost magical analysis. But I believe that eurusd will complete a new wave during the summer, we will look for lower areas, at the bottom of the bullish trandline, where it will find volume to push it higher again in the coming months.
In the last few weeks we have had a huge CAD sell-off, all the various high TF oscillators are showing an advanced oversold state, The dollar is still holding strong, despite everything that is happening. All this makes me think we are close to a reversal, I will carefully observe these areas to position my shorts.
Short setup on gbpusd, after today's liquidity grab I expect a decline.
Descent largely predictable and foreseen in my analyses. Unlike those who saw it at 1.1 without any retracement. Well, it has filled the main FVG in H4 but I expect it will go looking for liquidity even further down. I leave excellent areas for the sell, even if it is not certain that it will go that high to continue the descent.
short setup on xauusd, I believe that the price will have to fill the areas left in the climb. my general idea remains long this pair in the long term, but why not try a short from these levels? Let's try it and see how it goes.
DOUBLE TOP IN CREATION WITH LARGE BEARISH VOLUMES IN PLACE. IF THE DAILY CANDLE HAS TO CLOSE LIKE THIS NEXT WEEK WE WILL HAVE FUN. Also in the volumetric section we have a volume profile that shows many areas to fill. SL TIGHT AND LET'S TRY THIS TRADE.
We had a very weak dxy, due to rumors talking about a rate cut in July or September. But how do you say it? BUY THE RUMOR SELL THE NEWS. we will see how the market reacts to the news. For now it continues to rise like a rocket, but it will fall sooner or later. Risky trade, please use your head.