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XAUUSDTraders And Invistors.
Monthly analysis.
The prie in the weekly closed under support As I shared before.
four days remain and the monthly candle closes below the support level.
We will see strong bearish.
We have some analysis fundamental variables that significantly affect the markets when they exit can contribute to that in next month.
-Durable goods orders MoM
-New home sales AUG
-Personal spending
-Personal income
-United States ADP Employment Change
-United States Unemployment Rate-
-United States Non Farm Payrolls
-United States Producer Price Inflation MoM
-United States Inflation Rate
-United States Core Inflation Rate
If you have any questions,Please support my work with like and followe,Thank you.
CAD/JPY ON BULL HORNSCAD has been doing great recently. With this time in the world with more caution how the tend back economically, I see no struggle in CAD holding its its stands in the Bullish Trend. With only 2% risk, we go long hoping for the all time high journey retest for CADJPY.
As always #fingerscrossedtrader
SHORT TERM TREND REVERSAL.This is an interesting chart. Price has finally hit some support from March of 2020. I think we're in for a quick push up indicated by some long tales at the support line, an engulfing bullish candle and a divergence on the stochastic and to a lesser degree the RSI. Price may be choppy over the coming weeks while the bulls and bears work things out. In the short term i think its likely to see a push up.
FOLLOW FOR MORE IDEAS!
SHORT, DOUBLE TOP?It looks like the overall trend wants to continue to the upside, but in order to do that it has to break through the double top thats forming. In the short term im going short. Coming down off the double top supported by the downward divergence on the RSI and stochastic. Looks like some easy pips short this next week.
FOLLOW FOR MORE TRADING IDEAS!
EURAUD BEARISH FALL I posted this idea on the 18th Aug that i thought this was going to trend bearish before regaining its bullish power. As we can all see here its trended beautifully smashing right on our Take Profit level.
Euro continues to fall down without any sign of turning around. I still see some more bearish moves for some time.
BTC/USDTHi guys. Bitcoin daily and 4 hour time frame
If you look closely, from January 14 to July 18, it was in a trading range between $18,850 and $21,700. And after exiting with a powerful candle in daily time and consolidation, the uptrend continued to the 24700 range.
And now it looks like we are back in the trading range between $20,700 and $24,700.
And you should see on the Fibonacci numbers chart that I drew a fibo from $69,000 and $48,000 to the level that Bitcoin saw, which is $17,600. And we see that the 0.236 Fibo, which is the $24,760 range, is currently showing resistance.
Overall, if we break out of this range, we can see Bitcoin rise to $29,200 and $29,700.
At $29,700, there are important static resistances and important Fibo numbers are also placed (0.382 and 0.0236).
And I think the trend could be bullish as long as we stay above 20,700
Good luck
Like and comment please ❤️
BTC / USDTHi guys. Bitcoin daily and 4 hour time frame
If you look closely, from January 14 to July 18, it was in a trading range between $18,850 and $21,700. And after exiting with a powerful candle in daily time and consolidation, the uptrend continued to the 24700 range.
And now it looks like we are back in the trading range between $20,700 and $24,700.
And you should see on the Fibonacci numbers chart that I drew a fibo from $69,000 and $48,000 to the level that Bitcoin saw, which is $17,600. And we see that the 0.236 Fibo, which is the $24,760 range, is currently showing resistance.
Overall, if we break out of this range, we can see Bitcoin rise to $29,200 and $29,700.
At $29,700, there are important static resistances and important Fibo numbers are also placed (0.382 and 0.0236).
And I think the trend could be bullish as long as we stay above 20,700
Good luck
Like and comment please ❤️