GBPJPY LongLong opportunity on the theory market ranges 70% of the time. Wait for another test back down (watch out for liquidity runners!), enter LONG, and target 50% of last bearish leg.
Forexsignal
AUD/JPY Bearish Scalping Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of AUD/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. when market break the dynamic support it will continue to go down down. Loot and escape at the target🎯.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Gold moves sideways seasonally , why ? This week, 15 Wall Street analysts participated in the Kitco News Gold Survey and most analysts expect gold to slide this week. Four analysts, or 27%, predict gold prices will move higher, while five analysts, or 33%, predict gold prices will fall. 6 experts, equivalent to 40% of respondents, believe that gold will continue to trade sideways.
Meanwhile, 217 votes were cast during Kitco's online visit, with only a handful of Main Street investors expecting gold prices to move higher during the week. 102 retail traders, or 47% of the vote, expect gold prices to rise. Another 61 people, equivalent to 28% of the votes, predicted gold prices would decrease. The remaining 54 people, 25% compatible, expect gold to trend sideways.
However, in terms of time, experts still obtain golden energy but excess value increases. Many banks also predict that gold prices will continue to rise higher this year. Goldman Sachs ignored the Fed's higher interest rate hike on gold and forecast the precious metal's price would rise to $2,700 an ounce by the end of the year.
💵 TVC:GOLD BUY 2302- 2305 💵
✔️TP 2310
✔️TP 2315
❌SL 2297
🔥 TVC:GOLD SELL 2318 - 2321🔥
✔️TP 2305
✔️TP 2290
🚫SL 2329
XAUUSD prices may decrease in the short termWorld gold spot price is around 2,306.4 USD/ounce, up 5.4 USD/ounce compared to last week. Gold futures price in June 2024 on the Comex New York floor is at 2,304.7 USD/ounce.
Last week, the world gold price in the first session of the week traded at 2,335 USD/ounce. After that, the gold price could not be kept above 2,340 USD and began to decline, the lowest level of the week was below 2,283 USD.
World gold price increased again above 2,325 USD/ounce after the Federal Reserve (Fed) announced information on the interest adjustment roadmap. However, gold prices could not keep their upward momentum and weakened at the end of the week.
The latest weekly survey by Kitco News shows that experts forecast extreme value in terms of gold outlook development in the short term. Most retail traders expect gold prices to fall or move sideways. According to a Wall Street survey, 40% believe that gold prices will continue to move sideways, and 33% predict they will decrease.
This week, the market is interested in notable economic information such as the US 10-term bond fight, preliminary consumer sentiment report from the University of Michigan,...
Current Gold trading trend,sell first and wait for the buy priceLast week, the world gold price in the first session of the week traded at 2,335 USD/ounce. In the following sessions, gold prices could not maintain the mark above 2,340 USD and began to decline, reaching the lowest level of the week below 2,283 USD.
World gold price increased again above 2,325 USD/ounce after the Federal Reserve (Fed) announced information on the roadmap to adjust interest rates. However, gold prices could not maintain their upward momentum and weakened at the end of the week.
Gold price on Kitco closed the trading week at 2,301 USD/ounce. June gold futures price closed at 2,309.70 USD/ounce, down about 1% compared to last Friday.
Kitco News's latest weekly gold survey shows that experts are less positive about gold's prospects in the short term. Most retail traders believe that gold prices will decrease or move sideways. According to a Wall Street survey, 40% believe that gold prices will continue to move sideways, 33% predict a decrease.
This week, the market is interested in notable economic information such as the US 10-year bond auction, preliminary consumer sentiment report from the University of Michigan,...
Gold is likely to increase again, today's trading trendWorld gold prices tend to increase with spot gold increasing by 1.5 USD compared to last week's closing level to 2,302.7 USD/ounce.
Experts assess that the gold market has just had an interesting week when it received a lot of information that affects the direction of this precious metal. Gold started a series of declines and reached the lowest mark below 2,283 USD/ounce at noon on May 1 (US time) from 2,335 USD/ounce at the beginning of the week. However, this precious metal regained momentum when the US Federal Reserve (Fed) announced to keep interest rates unchanged and increased again above 2,325 USD/ounce. However, this precious metal was unable to maintain its recovery momentum and returned to test the level of 2,290 USD/ounce.
Although gold recorded its second consecutive week of decline after a 5-week recovery streak, experts still maintain optimism for this precious metal. Many opinions say that the US Central Bank has taken a not dovish stance on future monetary policy, but is certainly not "hawkish". At the press conference after the policy meeting in the middle of this week, Fed Chairman Powell made it clear that the Fed has no intention of raising interest rates.
“I think it is unlikely that interest rates will increase. I would say that is unlikely to happen,” Mr. Powell said.
Experts also say that the factors that pushed gold prices to record highs despite the Fed's stance still remain, including demand from central banks.
Gold has dropped dramatically,what is the opportunity to buy nowGold prices fell sharply in today's trading session, slipping from the $2,300/ounce level on concerns about higher, longer-term US interest rates ahead of this week's US Federal Reserve (FED) meeting. .
Weakening safe haven demand is also exerting pressure, especially as recent reports suggest ceasefire talks have resumed between Israel and Hamas. This makes gold even more vulnerable to interest rate risks.
But despite recent declines, gold prices still traded up more than 4% in April, extending the impressive gains seen in March.
The focus is now on the Fed meeting this weekend, where the central bank is expected to keep interest rates steady. But Fed Chairman Jerome Powell is expected to take a more hawkish stance on interest rates, especially after a series of hot inflation indicators.
Signs of persistent inflation suggest traders have largely underestimated expectations for a near-term rate cut by the Fed. The central bank is currently only expected to cut interest rates in September or the fourth quarter, if at all this year.
Higher interest rates for longer periods bode poorly for gold because they increase the opportunity cost of investing in the yellow metal. The strength of the dollar, thanks to the outlook for stable exchange rates, is also putting pressure on broader metals markets.
Other precious metals also decreased in price today, accordingly, platinum futures prices decreased 0.1% to 959.05 USD/ounce, while silver futures prices decreased 1.8% to 27,168 USD. /ounce.
AUDCAD Bullish Money Heist Plan on Buy SideMy Dear Robbers / Traders,
This is our master plan to Heist Bullish side of AUDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target🎯.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Gold decreased slightly as the USD maintained its solid positionThe gold market is getting some new bullish momentum. Gold prices are expected to continue to rise even if the US Federal Reserve (FED) delays the comfort cycle.
Despite recent selling pressure, Goldman Sachs still forecasts that gold prices will increase sharply. This unit finds that gold can maintain growth even if the Fed delays the comfort cycle.
Nicholas Snowdon - Head of Metals Research at Goldman - shared: “We are seeing a surge in demand from emerging market midstream banks and from Asian retail investors. But much of this has been brought about by psychological factors.
💵 TVC:GOLD BUY 2285- 2287 💵
✔️TP 2310
✔️TP 2315
❌SL 2280
💵 TVC:GOLD SELL 2313 - 2311💵
✔️TP 2305
✔️TP 2290
❌SL 2320
EURNZD | Short H1 | Market Exe |Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 time-frame
- Price action reversed away from Supply area
- Price action may reverse back towards Resistance Trendline and 61.8% Fibo Retracement
Suggested Trade:
Entry @ Area of Interest 1.8100 - 1.8110
SL @ 1.8156
TP 1 @ 1.8057 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 1.8009
Risk-to-Reward @ Approx. 2.03 (Depending on Entry Level)
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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⭐️ XAU/USD : First LONG , Then SHORT (IMPORTANT ANALYSIS)Hello Traders , Upon reviewing the gold chart in the 2-hour timeframe, we observe that, as per our primary analysis and expectations, the decline continued and managed to correct down to $2281! As we had marked on the chart two weeks ago, the range of $2268 to $2284 was an important demand zone where we expected the price to show a positive reaction after reaching this zone, and that’s exactly what happened! Today, gold was able to grow from $2281 to $2300, which means a return of nearly 200 pips! We will likely witness heavy fluctuations in gold today because in about an hour, we will have the Final Manufacturing PMI, ISM Manufacturing PMI, and JOLTS Job Openings data, which will directly impact the dollar index and cause heavy fluctuations in gold. Moreover, tonight the Federal Reserve will announce the interest rate, followed by a Federal Reserve press conference, which could accompany the price with heavy fluctuations. So, be careful with your personal trades!
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 !
Best Regards , Arman Shaban
GBPUSD is Ready to Go Down(➡️RR=2.58)🏃♂️ GBPUSD is moving in the 🔴 Resistance zone($1.256-$1.250) 🔴and near the Yearly Pivot Point and 200_EMA(Daily) .
💡According to the theory of Elliott waves , GBPUSD seems to have completed five impulse waves . And now we have to wait for correction waves .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🔔I expect GBPUSD to continue falling at least to the 🎯Target🎯 I have specified on the chart.
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GBPUSD
🔴Position: Short
✅Entry Point: 1.2555 USD (Limit Order)
⛔️Stop Loss: 1.2600 USD
💰Take Profit: 1.2439 USD👉Risk-To-Reward: 2.58
⚠️Please don't forget to follow capital management.
⚠️Please pay attention to the style of opening the position.
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GBPUSD
🔴Position: Short
✅Entry Point: 1.2504 USD (Stop Limit Order)
⛔️Stop Loss: 1.2552 USD
💰Take Profit: 1.2439 USD👉Risk-To-Reward: 1.35
⚠️Please don't forget to follow capital management.
⚠️Please pay attention to the style of opening the position.
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British Pound/ U.S.Dollar Analyze ( GBPUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
AUD/CAD Sell Setup Active - Trendline Break / MA Crossover 1HRI am in a beautiful sell position on AUD/CAD.
As we can see from the chart a quite significant trendline has been broken in conjunction with the MA 50 / 20 crossing over nicely on the 1HR timeframe.
Also if you go to the daily timeframe the previous candle low has been traded through confirming potential downside.
I will be targeting the asia low that I have mapped out which would be a 2% Risk to Reward trade.
Audusd buy range buy spike shoot coming read the caption In the bigger picture, price actions from 0.6169 (2022 low) are seen as a medium term corrective pattern to the down trend from 0.8006 (2021 high). Fall from 0.7156 (2023 high) is seen as the second leg, which is still in progress. Overall, sideway trading could continue in range of 0.6179 /7155 for some more time. But as long as 0.7156 holds, an eventual downside breakout would be mildly in favor
AUD/USD Movement: Technical and Economic PerspectivesThe AUD/USD exhibited sustained growth throughout the previous week, aligning with our earlier forecast. It reached the 0.6580 level, where we identified a convergence of technical, seasonal, and economic indicators. Technically, both the H4 and H8 timeframes show divergence on the stochastic indicator within the 78.6% to 61.8% Fibonacci range within a bearish channel. A probable reaction is anticipated at the FVG Area, potentially leading to a retracement towards the 200 Moving Average, around 0.65200, coinciding with the Point of Control (POC) Volume. Our analysis suggests a further downward movement, considering the historical bearish sentiment typically observed during this period for this currency pair.
Additionally, Warren Hogan, the chief economic adviser at Judo Bank, has speculated that the Reserve Bank of Australia (RBA) might implement three cash rate hikes throughout 2024, eventually reaching 5.1%, with the initial hike likely in August. Investors are eagerly awaiting the release of March Retail Sales data scheduled for Tuesday, as it offers crucial insights into Australia's consumer spending behavior, which significantly influences inflation and GDP trajectories.
🚨AUDUSD will Fall by H&S Pattern🚨🏃 AUDUSD is moving near the 🔴 Resistance zone($0.598-$0.593) 🔴 and managed to break the Support lines .
📈From the point of view of Classical Technical Analysis , it seems that AUDUSD has succeeded in forming a Head and Shoulders Pattern .
🔔I expect AUDUSD to fall at least to the 🎯 Target 🎯 I have specified on the chart.
New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NZD/CAD Buy Position Active. 4HR TimeframeJust took a buy on NZD/CAD.
I really like the look of this trend continuation on the 4HR timeframe.
Looking for a 2% Risk Reward on this.
An unimaginable short from the depths of analysisHello Traders ;]
As I examined the GBP/USD pair, it appears we're in a prime position for a short trading strategy. The pair has retraced into the 0.79-0.61 zone, a classic area that often signifies a natural correction within a trend. Such retracements can offer strategic entry points for traders looking to capitalize on potential reversals.
Furthermore, a glance at the volume profile over the entirety of the visible price movement indicates that we've reached the Value Area High (VAH). This point in the volume profile is particularly telling; it's where the majority of trading activity has taken place, acting as a barrier of sorts—a 'strong wall'—which the price may struggle to break through. Consequently, this serves as a strong indication that the pair may recoil from this level.
In setting up this trade, placing a stop loss just above the VAH would be a prudent measure, limiting exposure should the market move contrary to our expectations. For the profit target, we look to the opposite end of the volume profile, the bottom.
This analysis not only aligns with the technical indicators, but also with the principle of selling into strength within a downtrend—a strategy often favored by seasoned traders looking to join the broader market momentum.
Good luck strugglers!
EURAUD:🔴Bearish scenario🔴
Well, as you can see, the price purged the weekly external range liquidity, had a bearish reaction, and shifted the market structure, most likely we are on the sell side of the curve now.
Recently the price took the sell side liquidity which can cause the price to move higher to collect the buy side liquidity and then drop to draw on liquidity.
The price can move lower from here to 4-hour FVG and collect the first sell-side liquidity. If the price goes higher we can sell above buy-side liquidity, by lower time frame confirmation.
💡Wait for the update!
🗓️22/04/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
⭐️ GBP/USD : Navigating Supply and Demand Shifts (READ CAPTION)Hello Traders , Upon recent analysis of the GBP/USD chart in the 2-hour timeframe, it is observed that the price is near the supply zone of 1.25. If it can stabilize below this level, we can expect a further decline in GBPUSD! The scenario I have in mind is marked on the chart. The demand levels are, in order, within the ranges of 1.237 to 1.237, 1.2345 to 1.23690, and 1.23 to 1.23270.
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 !
Best Regards , Arman Shaban
EURGBP possible long for 0.8620eurgbp possible long for 0.8620. demand zone for long is 0.8560-30. stop loss: 0.8515, target: 0.8620
GBPUSD confirm buy CROSS GBPJPY read the caption GBP/USD rebounded after edging lower to 1.2298 last week. But upside is capped by 1.2538 support turned resistance. Initial bias remains neutral this week first. On the downside, break of 1.2421 will argue that rebound from 1.2298 has completed and bring retest of this low. However, decisive break of 1.2538 will bring stronger rally to 55 D EMA (now at 1.2581) and above
