USD/CAD:TECHNICAL ANALYSIS|SUPPORT PULLBACK | SHORT VIEW ⭐️Welcome back Traders, Investors, and Community!
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GBP/JPY:DETAILED TECHNICAL+FUNDAMENTAL ANALYSIS|LONG SETUP 🔔The Japanese National CPI for May increased 0.3% monthly and decreased 0.1% annualized. Forex traders can compare this to the Japanese National CPI for April, which decreased 0.4% monthly and 0.4% annualized. The Japanese National Core CPI for May increased by 0.1% annualized. Economists predicted an increase of 0.1%. Forex traders can compare this to the Japanese National Core CPI for April, which decreased 0.1% annualized. The Bank of Japan decided to keep interest rates at -0.10%. Forex traders can compare this to the previous Bank of Japan interest rate decision where interest rates were left unchanged at -0.10%.
UK Retail Sales for May decreased 1.4% monthly and increased 24.6% annualized. Economists predicted an increase of 1.6% and 29.0%. Forex traders can compare this to UK Retail Sales for April, which increased 9.2% monthly and 42.4% annualized. UK Core Retail Sales for May increased 9.1% monthly and 21.7% annualized. Economists predicted an increase of 1.5% and 27.3%. Forex traders can compare this to UK Core Retail Sales for April, which increased 9.0% monthly and 37.7% annualized.
The forecast for the GBP/JPY slowly turns bullish after price action corrected and is approaching its ascending impulse.
Will bulls have enough power to pressure the GBP/JPY into the pullback Area ?
USD/CAD:DOWNTREND|BEARISH PATTERN|RANGE AREA|SHORT 🔔Canada: Manufacturing sales fell 2.1% in April.
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USD/CAD: PRICE ACTION ON BEARISH DOWNTREND | SHORT VIEW ⭐️The U.S. dollar continued rising on Wednesday, recovering from a five-month low against major currencies on expectations of Fed policy normalization after strong business data.
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GOLD:TECHNICAL AND FUNDAMENTAL ANALYSIS | LONG SETUP 🔔The gold price held near a high of more than four months on Tuesday thanks to a weaker dollar, but Federal Reserve assurances easing market fears about inflation kept gains in check.
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EUR/USD:UNSTOPPABLE EURO,WILL THE PRICE REACH OUR SELL LIMIT?🔔Welcome back Traders, Investors, and Community!
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EUR/CHF: BEARISH TREND CONTINUATION, ANOTHER CHANCE TO ENTRY ?🔔Welcome back Traders, Investors, and Community!
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NZD/JPY:BREAKOUT BULLISH TRENDLINE -WAITING RETEST-SHORT SETUP🔔Welcome back Traders, Investors, and Community!
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EUR/AUD: BEARISH GARTLEY PATTERN SETUP - SHORT CONTINUATION 🔔Welcome back Traders, Investors, and Community!
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EUR/GBP: BEARISH CHANNEL,SELL LIMIT SETUP SHORT CONTINUATION 🔔The forecast for the EUR/GBP remains bearish.
The UK Jobless Claims Change for April was reported at -15.1K. Forex traders can compare this to the UK Jobless Claims Change for March, reported at 10.1K. The UK Employment Change for the tri-monthly period ending in March was reported at 84K, and the ILO Unemployment Rate was reported at 4.8%. Economists predicted a reading of 50K and 4.9%. Forex traders can compare this to the UK Employment Change for February, reported at -73K, and to the ILO Unemployment Rate, reported at 4.9%. Average Weekly Earnings for the tri-monthly period ending in March increased by 4.0% annualized, and Average Weekly Earnings Excluding Bonuses increased by 4.6% annualized. Economists predicted an increase of 4.5% and 4.6%. Forex traders can compare this to Average Weekly Earnings for February, which increased by 4.5%, and to Average Weekly Earnings Excluding Bonuses, which increased by 4.4%.
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GBP/USD:BEARISH ABCD PATTERN SELL LIMIT - RETRACEMENT - SHORT 🔔Bank of England, Bailey: we are not yet close to talking about using negative rates:
- It's useful to have a tool like negative rates on hand;
- QE works best when markets are relaxed.
Our main VISION is Bullish for the long term.
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NZD/JPY: FIBO BULLISH CHANNEL, OUR VISION STILL IN LONG SETUP 🔔Welcome back Traders, Investors, and Community!
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EUR/USD:PRICE ACTION ANALYSIS H2 TMF - OUR VISION STILL LONG! 🔔Welcome back Traders, Investors, and Community!
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TRON :BEARISH SCENARIO IDEA,PRICE IS CLOSE TO A CRUCIAL POINT 🔔Welcome back Traders, Investors, and Community!
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LITECOIN : THE GROWING ROAD OF THIS CRYPTO COIN - LONG 🔔Welcome back Traders, Investors, and Community!
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RIPPLE:BREAKOUT BULLISH FLAG AND PRICE GROW FAST-LONG IMPULSE 🔔Welcome back Traders, Investors, and Community!
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ETHEREUM: DETAILED ANALYSIS-IT'S THE START OF BEARISH TREND? 🔔Welcome back Traders, Investors, and Community!
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NZD/USD: ALL TAKE PROFITS TAKEN ON BULLISH PATTERN - LONG 🔔RIGHT PREDICTION and TAKE PROFITS REACHED 🔥🔥🔥
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AUD/USD: GREAT PREDICTION ON BULLISH CHANNEL TAKE PROFITS ! ! 🔔Welcome back Traders, Investors, and Community!
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