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#SUSHIUSD 1 DAYSUSHIUSD 1-Day Analysis: Uptrend & Buy Opportunity The SUSHIUSD pair is currently showing a robust upward trend on the daily chart, indicating strong bullish momentum. Recent price action suggests a solid support level has formed, providing a favorable entry point for potential buyers. Key indicators, including moving averages and RSI, further reinforce the uptrend, signaling increasing buying interest. Market sentiment appears positive, driven by recent developments in the DeFi space and increased user engagement on the SushiSwap platform. This favorable environment presents a compelling buy opportunity for traders looking to capitalize on potential price appreciation. As always, it’s crucial to consider risk management strategies and stay updated on market news to make informed decisions.
BINANCE:SUSHIUSDLong
by PIPSFIGHTER
XAU/USD (gold)The impact of the Federal Reserve's interest rate decision on XAU/USD (gold) can vary depending on the size of the cut and the market's perception of the Fed's intentions. Here’s how each scenario might influence gold prices:1. **50 Basis Point Cut**: - **Likely Impact**: A larger cut typically leads to a weaker U.S. dollar as lower interest rates decrease the yield on dollar-denominated assets. This could make gold, which is priced in dollars, more attractive to international buyers, potentially driving up its price. - **Market Sentiment**: If the market interprets the cut as a strong commitment to economic growth and easing inflation fears, gold might rally as investors seek safe-haven assets in response to economic uncertainty. 2. **25 Basis Point Cut**: - **Likely Impact**: While a smaller cut might still lead to some weakening of the dollar, it may not have as pronounced an effect on gold prices compared to a larger cut. If the market views this as a cautious approach by the Fed, it could lead to mixed reactions for gold. - **Market Sentiment**: A 25 basis point cut might be interpreted as the Fed being more measured in its approach, potentially leading to limited upward movement in gold prices. However, if the messaging from Powell is dovish, indicating more cuts could follow based on future economic data, that could still provide support for gold. ### Summary: - **General Expectation**: If the Fed opts for a 50 basis point cut, XAU/USD would likely see upward pressure. A 25 basis point cut may result in less significant movement, but the accompanying tone and outlook on future policy will be key in determining gold's direction. - **Investor Behavior**: Regardless of the rate cut magnitude, the overall market sentiment and investor behavior will play a crucial role. If concerns about inflation or economic stability increase, demand for gold could rise irrespective of the rate cut size. In conclusion, both scenarios can lead to upward movement in XAU/USD, but the scale of that movement will depend heavily on the Fed's communication and the market's interpretation of the broader economic implications following the announcement.
OANDA:XAUUSDLong
by US30EMPIRE
#AUDJPY 4HAUD/JPY 4H Forecast: Sell Signal Market Overview: The AUD/JPY currency pair is currently exhibiting a downtrend on the 4-hour chart, characterized by lower highs and lower lows. This bearish momentum suggests that sellers are in control, creating potential opportunities for short positions. Technical Indicators: Moving Averages: The 50-period and 200-period moving averages are both sloping downward, reinforcing the downtrend. RSI: The Relative Strength Index is trending below 50, indicating bearish momentum and the potential for further downside. MACD: The MACD histogram is negative, and the MACD line remains below the signal line, confirming the bearish sentiment. Key Levels: Resistance: Look for resistance around recent highs, approximately 93.00, which could act as a potential entry point for sell orders. Support: Key support levels are identified around 91.50. A break below this level could accelerate the downtrend. Strategy: Entry: Consider entering a sell position around the 93.00 resistance level or upon a confirmation of a break below the 91.50 support. Stop Loss: Place a stop loss above the recent high (around 93.50) to manage risk. Take Profit: Target the next support level at approximately 90.50 for potential profit taking. Conclusion: With the prevailing downtrend, technical indicators favor a bearish outlook for AUD/JPY. Monitor price action closely for opportunities to enter short positions while maintaining a disciplined risk management approach.
Short
by PIPSFIGHTER
#EURCHF 4HEUR/CHF 4-Hour Chart Analysis: Buy Opportunity Overview The EUR/CHF currency pair has recently experienced a significant technical event on the 4-hour chart: a trendline break. This development presents a potential buying opportunity for traders looking to capitalize on the shift in market dynamics. Key Observations: Trendline Break: The pair has breached a key descending trendline that had been guiding the price movement lower. This break suggests a potential reversal or at least a pause in the downtrend, opening up possibilities for upward movement. Market Sentiment: The trendline break often indicates a shift in market sentiment from bearish to bullish. This can attract buying interest and result in upward price momentum. Confirmation: For a more reliable trade signal, look for confirmation through increased trading volume or additional technical indicators such as RSI or moving averages that support the bullish scenario. Trade Setup: Entry Point: Consider entering a buy position around the current price level or on a slight pullback to the broken trendline, which might now act as a support zone. Stop-Loss: Set a stop-loss order below the recent swing low or the trendline to manage risk in case the market does not follow through on the bullish signal. Target Levels: Identify potential resistance levels or use technical tools to set profit targets. The next significant resistance might be found at previous highs or psychological levels. Conclusion The break of the 4-hour trendline in the EUR/CHF pair indicates a potential buying opportunity. Traders should watch for additional confirmation signals and manage their risk accordingly. Keep an eye on market conditions and news that might impact the EUR/CHF pair to adjust your strategy as needed.
Long
by PIPSFIGHTER
EUR/USD Kicks Off the Week on a Positive Note Ahead of Crucial..EUR/USD Kicks Off the Week on a Positive Note Ahead of Crucial Fed Decision The EUR/USD pair began the week with positive momentum, hovering around the 1.1000 mark ahead of the London session on Monday. Investors are keeping a close eye on the upcoming US Federal Reserve (Fed) policy decision, which is expected to have a significant impact on the market later this week. The key question remains: will the Fed cut rates by 25 basis points (bps), or will it take a more aggressive approach and reduce rates by 50 bps? According to the CME FedWatch Tool, the odds are nearly split, with a 48.0% probability of a 25 bps rate cut at the Fed's September meeting. The market's indecision reflects the broader uncertainty surrounding the Fed's next move as economic conditions remain mixed. While inflation data has shown signs of cooling, other indicators point to a resilient economy, leaving investors to speculate on the extent of monetary easing that may be announced. All eyes will be on the Federal Open Market Committee (FOMC) press conference, where Fed Chair Jerome Powell is expected to provide crucial insights into the central bank's future stance on interest rates. Should Powell signal a more aggressive easing approach, it could weigh heavily on the US Dollar, potentially pushing the EUR/USD higher. Conversely, a more cautious outlook could lead to a stronger dollar, capping any further gains for the euro. From a technical perspective, the week begins with little change in the Commitment of Traders (COT) report, which shows that retail traders are still overwhelmingly long on the euro. In fact, retailer positioning is at its highest point since August 2023, signaling a potential reversal opportunity for contrarian traders. As the EUR/USD approaches a key supply area, a retest could trigger a pullback, with the price poised to drop if the supply zone holds. Given the heavy retail interest in long positions, we are looking for a short setup in the EUR/USD. A pullback from the current levels, especially around the supply area, could offer an attractive opportunity for bears. With the market bracing for the Fed's policy decision and retail traders heavily invested in long positions, the coming days could provide pivotal moments for the EUR/USD pair. As the week unfolds, the Fed's policy signals will be key to determining the next directional move for the EUR/USD. For now, traders should remain cautious and watch for any shifts in sentiment as the market digests the Fed's decision and the FOMC press conference. ✅ Please share your thoughts about EUR/USD in the comments section below and 👍 HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
2
EURUSD Analysis Week 38🌐Fundamental Analysis EUR/USD returned to the 1.1100 level on Friday, before market forces once again weighed on the Euro and sent Fiber back to its opening price. The pair failed to make a near-term technical recovery as traders turned their attention to the Federal Reserve’s upcoming interest rate call next week. The European Central Bank (ECB) cut its benchmark interest rate, the deposit facility, by 25 basis points (bps) to 3.5% as expected. The ECB also cut the rate on its marginal lending facility and main refinancing operations by 60 bps. In her post-meeting press conference, ECB President Christine Lagarde refrained from hinting at the timing of the next rate cut. While the ECB event failed to boost the Euro, renewed selling pressure around the US Dollar (USD) helped the EUR/USD pair gain. On an annual basis, the US Producer Price Index (PPI) rose 1.7% in August, down from 2.1% in July and below market expectations of 1.8%. The probability of the Federal Reserve cutting interest rates by 50 basis points in September rose above 40% following the data, according to CME's FedWatch Tool, triggering a sell-off in the USD. 🕯Technical Analysis After peaking around 1.110, a short-term downtrend channel has formed, the support of the downtrend channel remains at around 1.099 and 1.093. These two key support levels will keep the pair stable in the trend. On the other hand, if this short-term downtrend is broken, the 1.115 area will be a key resistance before looking to last month's high around 1.119. 📈📉Trading Signals SELL EURUSD zone 1.114-1.116 Stoploss 1.118 BUY EURUSD zone 1.099-1.097 Stoploss 1.095
by TVS-Trader
#DXY 4H On the 4-hour chart (4H) of DXY (U.S. Dollar Index), the price is currently in a downtrend, indicating a strong sell opportunity. Sell Levels: 101.200 - 101.500 The price has reached a potential selling zone between 101.200 and 101.500, which is acting as a resistance range in the current bearish trend. This is a strategic area to consider short positions as the market may struggle to break above this level. Target Level: 99.500 The expected downside target for this move is around 99.500, a key support area where the price might find some buying interest or consolidation after the bearish move. Key Factors: Downtrend: Lower highs and lower lows dominate the price action. Resistance: The price faces strong selling pressure near 101.200-101.500. Momentum: Indicators like RSI and moving averages suggest the trend is firmly bearish, with room to fall toward the 99.500 support. Trading Strategy: Entry: Look for short entries near the 101.200-101.500 range. Target: Aim for the 99.500 level as the profit target. Stop-loss: Consider placing a stop-loss above 101.500 to manage risk effectively. This setup offers a favorable risk-to-reward ratio in line with the ongoing downtrend.
TVC:DXYShort
by PIPSFIGHTER
FOREX (NZDUSD) All long targets done using RisologicalFOREX (NZDUSD) All long targets done using Risological Nice forex trade (NZDUSD) on Risological. All long trade targets done nicely on the 15m time frame. The Trailing stop is at 0.61645, so, small portion of the trade is still open for further upward profits. If the price closes (15m candle close) below the Risological trend line - the dotted line acting as trailing stop, that will be the sign of trend reversal and we will look at fresh short position. Thanks and all the best. Like and follow if this helped.
Long
by ProfitsNinja
#EURUSD 1DAYEURUSD Daily Chart Analysis Trade Recommendation: Sell Sell Level:1.10800 Target Level : 1.09750 Overview: The EURUSD currency pair is currently poised for a potential downtrend according to the latest daily chart analysis. We recommend entering a sell position at the level of 1.10800, which aligns with key resistance and shows signs of a potential reversal. Target Level: 1 Target Level: 1.09750 This level represents the anticipated downside target where the price is expected to find support or experience a rebound. This target reflects a reasonable expectation based on recent price action and technical indicators. Strategy: Enter the sell position at 1.10800 with a stop-loss set above the recent resistance to manage risk and protect against adverse price movements. - Monitor the price action as it approaches the target level of 1.09750. Consider adjusting your stop-loss or taking profits if the price shows signs of reversing near this target. Outlook: The bearish outlook is supported by recent trends and technical signals suggesting a potential decline. Stay updated with market news and economic events that could impact the EURUSD pair, and adjust your strategy as necessary. Feel free to refine this description based on any additional insights or analysis you may have!
Short
by PIPSFIGHTER
#CADCHF 1DAYCADCHF Daily Chart Analysis Trade Recommendation: Buy Buy Level: 0.62200 Target Levels: 0.63900 / 0.64700 / 0.6600 Overview: The CADCHF currency pair has shown promising signs for a bullish trend based on recent daily chart analysis. We recommend entering a buy position at the level of 0.62100, which has demonstrated strong support and potential for upward momentum. Target Levels: 1.First Target: 0.63900 - This level represents an initial resistance point where the price is expected to test and potentially pull back. 2.Second Target: 0.64700 - A further resistance level where the price might encounter increased selling pressure, offering a second profit-taking opportunity. 3. Third Target: 0.6600 - The final target level, indicating a significant upside potential if the bullish trend continues to strengthen. Strategy: Enter the buy position at 0.62200 with stop-loss orders set below the support level to manage risk. Monitor the price action closely as it approaches each target level, and consider adjusting stop-loss or taking partial profits as needed. Outlook: The overall trend appears bullish, supported by recent price action and technical indicators. Keep an eye on market conditions and news that could impact the CADCHF pair, and adjust your strategy accordingly. Feel free to adjust any specifics or add additional details based on your analysis!
Long
by PIPSFIGHTER
"DAX Index Rises Ahead of ECB Meeting"In the U.S., the consumer price index increased by 0.2% in August, while the annual rise was 2.5%, aligning with forecasts. Following the drop in inflation, the likelihood of the Fed implementing a 25 basis point rate cut next week has risen to 85%. After this data release, market risk appetite increased, leading to intensified buying activity in the DAX index. Today, there is an expectation of a 25 basis point rate cut in the European Central Bank (ECB) meeting. Technically, on the upside if the price holds above the 18,500 resistance, buying could push the index first toward the 18,700 resistance and then to 18,900. if the 18,500 level is broken to the downside, a pullback could extend first to the 18,285 support and then to 18.075.
XETR:DAX
by primequotes
Gold Analysis September 12Fundamental Analysis Gold prices rose on an overnight rebound from the psychological $2,500 mark and gained some positive momentum on Thursday. Growing acceptance that the Federal Reserve (Fed) will begin its policy easing cycle and lower borrowing costs next week turned out to be a major factor acting as a boost for the non-yielding yellow metal. That said, bearish bets on a larger Fed rate cut at the end of the September 17-18 policy meeting have pushed the US Dollar (USD) closer to its monthly peak and should limit gains for the commodity. In addition, a generally positive tone around the equity markets is likely to undermine traditional safe-haven assets and deter traders from placing aggressive bullish bets around Gold prices. Furthermore, the recent range-bound price action and repeated failures to find acceptance above the $2,530-2,532 zone or the all-time high reached in August, make it prudent to wait for strong follow-through buying before positioning for further gains. Traders are now looking forward to the US Producer Price Index (PPI) for fresh impetus. Technical Analysis Gold prices pushed up to 2521 in the late Asian session and as the European session began, prices are being pushed back down. The area of ​​interest is the 2512 zone as prices failed to break through until mid-European session, then BUYing back up to 2528 before the US. Breaking 2528 holds until the 2555.xx peak. In the opposite direction when the 2512 zone is broken, wait for retest to sell to 2500 and 2595. In case gold does not push to 12 but flies away, sell again in the 2528-2530 zone. SELL 2543 - 2545 Stoploss 2549 BUY 2503 - 2501. Stoploss 2498 BUY 2496 - 2494. Stoploss 249
OANDA:XAUUSD
by TVS-Trader
#AUDNZD 1DAYAUDNZD Daily Trade Overview Trade Setup: Buy AUDNZD Entry Point: 1.08100 Target Levels: -Target 1: 1.10200 -Target 2: 1.11200 Description: The AUDNZD pair presents a favorable buying opportunity on the daily chart. A buy entry is suggested at 1.08100, where the current technical analysis indicates potential for upward movement. This entry level is supported by recent price trends and a generally bullish outlook for the Australian Dollar relative to the New Zealand Dollar. Target Levels: 1.Primary Target (1.10200): This level serves as an initial profit-taking point. It reflects previous resistance and is a logical point for partial exit or to secure gains if the price moves in our favor. 2.Secondary Target (1.11200): This is a higher target for those looking to capitalize on a more extended uptrend. It aligns with longer-term resistance levels and broader market trends. Strategy: Entry:Pl ace a buy order at 1.08100, observing price action around this level. Stop-Loss: Implement a stop-loss order to manage risk and protect against unexpected price reversals. Position it below recent support to allow for normal market fluctuations. Monitoring: Continuously monitor market conditions, economic news, and price action for any signs that might affect the trade's performance. Adjust targets and stop-loss orders as necessary based on evolving market dynamics. Summary: This trade setup offers a potential opportunity to capitalize on an anticipated rise in AUDNZD. The outlined targets provide strategic exit points for profit-taking, while appropriate risk management will help mitigate potential losses..
Long
by PIPSFIGHTER
#GBPCHF 1DAYGBP/CHF Daily Chart Analysis Resistance Level: 1.11300 On the daily chart for GBP/CHF, the current resistance level is established at 1.11300. This level represents a significant barrier where selling pressure has historically emerged, preventing the price from advancing further. Traders should pay close attention to this level, as a failure to break through could result in a reversal or consolidation. Target Level: 1.08700 The target level for this analysis is set at 1.08700. This level is identified as a potential support or price target, where the market may experience buying interest or find a floor. If the price declines towards this level, it could indicate a possible area of accumulation or a reversal point, providing an opportunity for traders to adjust their strategies accordingly. Summary In summary, GBP/CHF is currently facing resistance at 1.11300, which could cap the upside potential in the short term. If the price struggles to breach this resistance, the market may head towards the target level of 1.08700, where support could emerge. Traders should monitor price action around these levels to gauge potential market movements and adjust their positions accordingly.
Short
by PIPSFIGHTER
3