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WTICO/USD Short and SOYBN/USD ShortWTICO/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
OANDA:SOYBNUSDShort
by StewySongs
THE KOG REPORTTHE KOG REPORT: In last week’s KOG Report, we said if support held after the open we felt we would get a push to the upside into the order region and if the market held the region we felt an opportunity to short the market was available. That short trade worked well and after partials were taken it was protected. During the week we suggested traders trade caution and we would be looking to target that order region again on the long trade. Again, that trade worked well for us giving a fantastic pip capture half way through the week. We than said we would protect all trades as a break above that order region will then give traders the opportunity to long the market into the 2370-75 region where we would then likely see a reaction in price. Both these moves presented themselves, although the long wasn’t taken due to it being early session, the short at the end of the week was identified. The pip capture on gold was immense, not to mention the numerous other pairs we trade and analyse in Camelot. So, what can we expect in the week ahead? This week we’ll keep it simple, we’re looking for the market to open and hold these resistance levels so we can continue with a move back down into the order region to start with. So we have the resistance levels of 2360 and above that 2365, which if held could present an opportunity to short the market back down into the order region of 2350-55 with extension into 2345 which is where we’re expecting a temporary bounce in price. We need to be careful here as if this level is held during the early part of the week, we could see a complete correction of the move from Friday back into the 2343-35 region before any opportunity to swing low and then take the long trade back upside which we will monitor. The levels are on the chart as is the illustration, we’ll update as we always do during the week. Please note, it’s another big week this week funds wise and with the geopolitical cloud above us expect more extreme swings and whipsawing price action. Your SL is your friend, it’s the difference between you having an account to trade or not having one! Short report this week team so we'll keep it provisional for now. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
13
EURUSD: Your Trading Plan For Next Week 🇪🇺🇺🇸 EURUSD is currently stuck between 2 important daily structures. Depending on the market movement next week, I see 2 potential scenarios. Bullish If the market breaks and closes above a resistance line of a huge falling wedge pattern on a daily, a bullish continuation will be anticipated at least to 1.083 level then. Bearish If the price violates 1.0724 support, it will be a strong bearish confirmation, that will push the prices lower, at least to 1.062 Wait for a breakout next week, it will give you a strong confirmation. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
2
XAU selling campaign when USD fluctuatesThe DXY index dropped relatively sharply yesterday, leading to an increase in XAU Inflation remains stubbornly high and the Fed has recently taken a "hawkish" stance, but Thursday's pressure appeared to be strong due to a stronger-than-expected Initial Jobless Claims report. This increase leads to concerns about the possibility of a weakening US labor market and the market increases expectations that the Fed will have to cut interest rates sooner than they say. While Fed officials remain cautious about cutting interest rates, the market forecasts a 10% chance of a rate cut in June, 33% in July, 85% in September and 100% certainty in November. . Geopolitical risks along with increased demand from Asian central banks and investors also create a boost for gold. This morning, May 10, world gold continued to increase slightly, currently trading above 2,350 USD. Perhaps this unexpected increase is part of the reason why the domestic gold price reached a new historic peak.
OANDA:XAUUSDShort
by NicoTradingMaster
GBP/USD Short, EUR/GBP Short and EUR/USD ShortGBP/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/GBP Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
3
SasanSeifi 💁‍♂EUR/USD 4h 🧐Key Levels to WatchAfter a correction from the supply zone and a correction based on the latest analysis, the price faced demand again and was able to rise to the target of 1.080. Currently, by examining the FX:EURUSD chart, as you can see, after rising to the desired target, the price is trading in a range of around 1.077. There is a possibility of further correction in the medium and long term. In the meantime, I expect the price to rise to the supply zone and order block area. Then, we can look for selling opportunities between the price ranges of 1.083 and 1.085. In case of further growth, to better understand the continuation of the trend, we need to see how the price reacts to the mentioned ranges. Confirmation of the sell is very important. The previous analysis 👇 This is not financial advice. Always do your research before making any investment decisions. Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌ if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Short
by SasanSeifi
eurusd buying levels here is good opportunity read the caption The EURUSD has moved back to a new session low and in the process is testing the 200-hour MA at 1.0687. That MA stalled the fall on Friday (at a lower level). Moving below the 200 hour MA is now needed to increase the bearish bias, and have traders targeting the trend line and the low of a swing area down to 1.06529. If the buyers stall the fall here (and trader could buy here given the low risk), getting back above the 100-hour MA at 1.0711 would be eyed as a level to get to and through
Long
by Mrsam36
GOLD BUY RANGE 2450 & 2500 READ (THE CAPTION)Gold fell by 2.2% last week amid cooling Middle East tensions and fading expectations for early U.S. interest rate cuts this year. Investors are now only confident about a single cut this year, most likely in November, according to the CME’s FedWatch tool. “Gold bulls bought into last week’s weakness, protecting an elevated long established at much lower levels,” said Ole Hansen, head of commodity strategy at Saxo Bank. Before last week’s fall, five previous weeks of growth saw gold hitting a record high of $2,431.29 on April 12, due to strong purchases by central banks and demand from Chinese retail investors
OANDA:XAUUSDLong
by Mrsam36
Usdjpy dipping here show range read the caption The USD/JPY pair witnessed a dramatic intraday turnaround and tumbled over 570 pips from levels beyond the 160.00 mark, or the highest since October 1986 touched earlier this Monday. Although an official announcement has been made so far, the possibility of an intervention by Japanese authorities to support the domestic currency was cited as a key factor behind the sharp downfall. In fact, Japan’s top currency diplomat Masato Kanda refrained from making any comments
Short
by Mrsam36
Nzdusd head to go resistance with high accuracy read the captionThe NZD/USD declined towards 0.5871 on Tuesday reflecting a loss of 0.46%, despite. The pair's movements are largely influenced by the market’s adjustments of their expectations and the delay of a rate cut by the Federal Reserve (Fed) by year-end. Rising Treasury yields are also applying downward pressure on the pair. On the data front, in March, Building Permits experienced a decline of 4.3%, dropping to 1.457 million, below both projected and February's figures. Housing starts also saw a significant drop of 14.7%, falling short of expectations at 1.321 million. However, industrial production for the same month rose by 0.4%, meeting expectations
Long
by Mrsam36
1
Eurusd confirm buy position ready read the caption Echoing this sentiment, the ECB's Cipollone observed a rapid decline in inflation, expressing expectations for a return to the 2% path next year and attainment of the target by mid-2025. Should data in June and July confirm growing confidence in achieving the target, consideration would be given to easing some of the restrictive measures imposed in 2023. Additionally, the impact of the Middle East conflict on energy costs remains a significant risk factor. Around the Fed, at an event hosted at The Wilson Center in Washington on Tuesday, Chair Powell stated that recent data have not instilled increased confidence in them
Long
by Mrsam36
1