EURUSD,🟢Is it also bullish? (Read the caprion)
Well as you can see, the market structure is bullish now and the price had a deep retracement move to the extreme bullish order block.
In addition, we can see the price created the liquidity above the order block that makes the demand zone more valuable.
As a bullish target, we can define the liquidity above the equal highs as a first target and also we can expect the price to break the previous high.
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🗓️29/01/2024
🔎 DYOR
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Forex-gold
XAUUSDXAUUSD price has a chance to test the resistance level 2057-2062. If the price cannot break through the 2062 level, it is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone.
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🔥 EUR/USD - More Fall Ahead or ... ?! (READ THE CAPTION)By checking the Euro/Dollar chart, we can see that the price, based on the previous analysis, was able to fall exactly to the desired range and hit the final target! After the price reached the specified demand range on the chart, it increased again and grew to the supply range of 1.0887, which was accompanied by a heavy fall again with Mr. Powell's speech and is trading in the range of 1.08127. ! To make a better decision, we have to wait for the stabilization of the price!
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🔥 USD/JPY - First Long , Then SHORT ! (READ THE CAPTION)By re-examining the USD/JPY chart, we can see that based on our analysis, the price continued to fall again and brought us a total yield of 220 pips up to this moment! We can still expect a further drop after a small upward corrective movement! The new supply ranges are 147 to 147.230 and 147.400 to 147.900 respectively!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
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AUDNZD,🔴Sell opportunity🔴
Well, you can see all the details on the chart.
The price grabbed the liquidity above the previous daily candle and had a bearish reaction.
Now we can expect the pore bearish move from the supply zone.
Please pay attention we need LTF confirmation in the supply zone for entry to the sell position.
If you have any questions, feel free to ask.
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🗓️29/01/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
gold breaking bullish pennant gold is in uptrend and getting ready for another breakout
gold breaking bullish pennant while fundamentals are also supporting bullish rally incase of successful breakout expecting bullish wave towards 2080$
keep in mind trade will be only valid after confirmed breakout
XAUUSDXAUUSD is in a correction period. The price is now near the 2029 resistance zone. If the price fails to break through, It is expected that there is a chance that the price will decrease. Consider selling in the red zone.
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Gold decreased but the upward momentum remained sustainableHello dear friends, do you think the price of gold will increase or decrease in the near future?
Generally, the main trend of gold in the past week has been a decrease in price, with a decline of over $40 during the week.
However, when looking at the long term with the 1-day chart, gold still maintains a strong upward trend with a steady rising trendline. Gold experienced a week of price decline as a corrective wave, testing the 34 ema line at $2045, and the upcoming prospects are expected to test the 89 ema line at around $2019.
We can expect gold to bounce back from this point as it touches the trendline and finds support at that level (as marked on the chart).
Karina still expects gold to continue setting record levels in 2024. What about you?
XAUUSD is moving within the 2017.00 – 2088.00XAUUSD is moving within the 2017.00 – 2088.00 range . XAUUSD has been trading in a bearish trend within the last day.
The support level is now at 2017.00. The resistance level is now located at 2088.00 and 2132.00.
If gold rebounds with resistance level, open a Sell with the nearest support level. If it broke out confirm buy a buy order. The upcoming news will not affect these orders within this time frame
SL ( Set a uniform set of 15$ ) only for your reference and you can set it according with your free margin.
XAUUSDIt can be seen that the gold price in this year 2023 has set a new high at 2144. The gold trend is still up. But at the price level of 2144, if the price cannot break through It is expected that in the short term there may be a correction. Consider selling from a correction below the 2144 level, targets 2063 and 2021.
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🔥 EUR/USD: Ready for another Fall ? (Read The Caption)With a new review of the Euro/Dollar chart, we can see that the price is trading in the range of 1.09230, if the price stabilizes below 1.093, I expect the price to fall to lower levels! Of course, please note that the price has fallen from 1.10 to this moment and created a liquidity void , which I believe will be filled in the short term! A FVG is also in the range of 1.081 to 1.087 and I expect more fall to fill this gap!
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
XAUUSDXAUUSD daily chart, it can be seen that the price previously made a new high at the level of 2144, after which there was selling pressure. It is seen that as long as the price remains below the 2096 level, there is a chance that the price will correct. Therefore, if the price cannot break through the 2096 level, consider selling from the correction below the 2096 level with the targets 1977 and 1945.
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Weekly Momentum On Major Pairs (Week 51/2023)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up.
XXX/USD: Bullish
Gold & Silver: Slightly Bullish
XXX/JPY: Slightly Bearish
Stock Indexes: Bullish
BitCoin/ETH : Slightly Bearish
WK 51 (17 Dec 2023)
XAUUSDXAUUSD price is in an uptrend. Now the price has risen to a new high of 2145. The amount of gold purchased is huge. I think that if the price cannot break through the 2145 level, there is a chance that in the short term the price will fall to correct.
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Xau/UsdHello traders!
Wait for the 2046.00 level. If the price breaks 2046.00, then the next level is 2080.50, but if the price does not break the 2046.00 level, then the next levels are (2017.50) and (1977.88). Be patient and wait for the break to enter the trade. Be careful!
Don`t forget to look at the economic calendar!
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XAUUSDXAUUSD price is in an uptrend. The price is now near the important resistance zones 2050 and 2063. If the price cannot break through the 2063 level, it is expected that in the short term there is a chance that the price will go down.
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