Get started

Forexsignal

Strategy to sell today, predict a decrease then increase againWorld gold prices continued to increase with spot gold increasing by 12.1 USD to 2,127.2 USD/ounce. Gold futures last traded at 2,136.4 USD/ounce, up 10.1 USD compared to yesterday morning. World gold prices continue to surge as the market becomes increasingly certain that the US Federal Reserve (Fed) will loosen monetary policy in June after a series of weak economic reports. TD Securities commodity strategist Bart Melek said that the main factor pushing gold higher this week is the expectation of the first interest rate cut. The market is increasingly confident that the Fed will soon make a easing decision. This expert predicts that, with such confidence, the world gold price could be pushed to 2,300 USD/ounce in the second quarter of this year. Besides, safe haven demand due to concerns related to the conflict in the Middle East also strongly supported the yellow metal. Gold, often used as a safe store of value during times of political and financial instability, has increased by more than $300 since the start of the Israel-Hamas conflict. This expert added that it would not be surprising if gold prices increased when the Fed discussed loosening monetary policy. However, this precious metal will surge even further when the first interest rate cuts are carried out. Currently, the market is eagerly waiting to see what Fed Chairman Jerome Powell will say at his testimony before Congress this week to know more about the US interest rate roadmap. In addition, the February employment report scheduled to be released on Friday is also information that attracts investors' attention because this data can change market sentiment and push gold to a closer range. This. According to the CME FedWatch tool, traders now see a 70% chance that the Fed will begin cutting interest rates in June.
OANDA:XAUUSDShort
by FalCol_TradingMaster
USDOLLAR, Monthly viewHello everyone, this is my overall analysis of USDOLLAR. I believe we will have a high in order to take the inducement, and then we will see a long term drop up to the extreme order block. This view is my base idea for the lower timeframes and other major pairs. I will publish W, D, 4H, 1H and 15min as well as major and important pairs. This is my first main analysis. I will also include Gold, Bitcoin , Etherium. Let’s see how much money we can make from trading.
FX:USDOLLAR
by SignalsForAll
Xauusd up Gold price pulls back from multi-month peak, downside potential seems limited Gold price rallied to a three-month peak on Monday and settled at an all-time high, above the $2,100 mark amid bets that the Fed will start cutting interest rates in June. Apart from this, a further escalation of geopolitical tensions in the Middle East turns out to be another factor underpinning the precious metal. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. Gold Price: Current Pricing, Prices Chart & Rate Graph Gold now buy 2116 Target 2140 Target 2160 SL 2095
OANDA:XAUUSDShort
by JohnHarry_7
Gold continues to increase, which entry to enter the order?World gold prices increased sharply with spot gold increasing by 34.9 USD to 2,115.1 USD/ounce. Gold futures last traded at 2,124.4 USD/ounce, up 28.7 USD compared to yesterday morning. World yellow metal prices reached a 3-month high at the beginning of the week, boosted by increased expectations that the US Federal Reserve (Fed) will loosen monetary policy. Last week, gold prices rose about $50 as reports showed tepid construction and manufacturing spending in the US as well as downward price pressure. The next important economic information awaited by the market is the February jobs report to be released on Friday. This data is expected to impact expectations of interest rate cuts in the US. According to the CME Fed Watch tool, markets are pricing in a 67% chance that the Fed will cut interest rates in June.
OANDA:XAUUSDLong
by FalCol_TradingMaster
GBP/USD - SIGNAL / TRADE SETUP (04-MAR-23)Hello Traders; I am selling GBP/USD right now. Entry Strategy : SMC *For those who want to follow, remember risking 1% only. Trade With Care, WAVE HUB FX ---------- Please follow me and like if you agree or this idea helps you out in your trading plan Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by WaveHubFX
1
Trading strategy the beginning of the week,waiting for NonfarmWorld gold prices tend to decrease with spot gold down 2.1 USD compared to last week's closing level to 2,080.2 USD/ounce. Last week, the gold market entered a new trading week relatively quiet without catalysts. Prices were nearly flat until Thursday when a report showed consumer prices were lower than forecast. After a slow start Friday morning, the precious metal began to attract some follow-on buying momentum following the results of the University of Michigan's consumer sentiment survey and weaker-than-expected manufacturing data. April gold futures prices continuously increased and closed the week at 2,095.2 USD/ounce, up 2% compared to the previous week. This was the best weekly gain since November. Although gold had a spectacular breakthrough last week, experts are still cautious about this precious metal in the short term. Some opinions say that the gold market may be under profit-taking pressure this week and the price is likely to be pushed back to the range that gold has maintained in recent times. Besides, although recently released data shows that inflationary pressures are decreasing, according to experts, that is still not enough for the US Federal Reserve (Fed) to change its view on interest rates. . The data released this week is considered very important as it can change the newly rekindled market optimism. This week, the market will wait for the February non-farm payroll report. This employment data is considered very important by investors and can take away everything that gold had last week. . Forexlive.com expert Adam Button said that he only believes last week's price increase in gold is sustainable if the upcoming report shows that the job market is actually going down.
OANDA:XAUUSDLong
by FalCol_TradingMaster
Forex preview: NFP, Powell’s testimony, and BoC and ECB decisionThe key events for the week are concentrated mainly between Wednesday and Friday. In the United States, the focus will be on January jobs data and speeches by Federal Reserve officials. The most important of the bunch is of course Federal Reserve Chair Powell two-day testimony in Congress on monetary policy starting Wednesday. Traders will look for cues regarding the future trajectory of monetary policy, with special attention paid to the Q&A session following Powell's opening remarks. Friday will bring the release of Non-Farm Payroll (NFP) data, with expectations of a 188,000 job increase in February. This would be a significant drop from the 353,000 jobs added in January. JOLTs job openings are anticipated to fall to 8.9 million in January after two consecutive months of increases (Wednesday). In Canada, the Bank of Canada is anticipated to maintain interest rates unchanged for the fifth consecutive time on Thursday. In Europe, the European Central Bank (ECB) is expected to keep rates unchanged on Thursday. ECB members continue to advocate for a patient stance, with the consensus being to wait for Q1 2024 wage data before considering a rate cut in June, aligning with current market expectations. In the United Kingdom, all eyes will be on Finance Minister Jeremy Hunt's pre-election budget on Wednesday, which is expected to include tax cuts, which according to the guardian “... runs the risk of getting an adverse reaction from the markets which would snuff out what is still a lukewarm and tentative economic recovery.”
by BlackBull_Markets
Xauusd up Gold climbs to multi-week high near $2,050 as US yields edge lower Gold gained traction and advanced to its highest level since early February above $2,040 on Thursday. The benchmark 10-year US Treasury bond yield drops toward 4.2% after US PCE inflation data, providing a boost to XAU/USD. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. Gold now buy 2046 Target 2050 Target 2055 Target 2060 SL 2036
OANDA:XAUUSDShort
by JohnHarry_7
8
CADJPY:🟢Is it bullish...?!🟢(Details on caption) As you can see, the price took the sell-side liquidity and had a bearish reaction, in addition, we can see the price created the bullish breaker block and FVG. Now, we can expect the price to move higher to collect the buy-side liquidity, for that, it may happen from here or retrace more to a bullish order block which formed on the 50% level Fibonacci. 💡Wait for the update! 🗓️01/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
1
AUDCAD SELL | Trading AnalysisHello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity AUDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
1
Eurusd return to sell read the caption The EUR/USD daily chart sees the pair remaining confined to the 1.0801 -1.0862 area during the last three days, bracing around the 200-day moving average (DMA) at 1.0821 Relative Strength Index (RSI) studies turned bullish, but buyers need to achieve a daily close above last Friday’s high, to remain hopeful of testing the 50-DMA at 1.0882 ahead of the 1.0901 figure. Otherwise, the pair could dive towards the 200-DMA and below, exposing the 1.0801
Short
by Mrsam36
XAU detained after receiving news of Durable Goods Orders m/mThe world gold market is quiet as investors are waiting for important reports this week. It is expected that the personal consumption expenditure index (PCE) report, which is expected to influence the interest rate direction of the US Federal Reserve (Fed), will be published today. In recent statements, Fed officials left open the possibility that the US Central Bank will not discuss cutting interest rates until mid-year. With that in mind, this expert said that the short-term direction of gold will continue to depend on upcoming economic data and their impact on the USD, yields and, not least, the future. Hope for interest rate cuts.
OANDA:XAUUSDShort
by MrTrongVo
analysis update on USDJPY ( 28 February 2024 )this is an update from yesterdays USDJPY analysis, as yall can see price went in the predicted direction. Now I'm expecting sell entries soon but lets not get our hopes up anything can happen. Ill keep yall updated. please keep in mind these are not signals and I don't provide financial advice or sell anything, I just enjoy analysing my charts and being active in the market. Yall can use my videos as ideas and please feel free to comment , share your ideas and tips. Thank you. #forex #forextrading #USDJPY #money #falconfx
by bandile10luthuli
USDCAD BUY | Day Trading AnalysisHello Traders, here is the full analysis. Price reversal going up, levels for BUY .. GOOD LUCK! Great BUY opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
1