SasanSeifi 💁♂ EUR/USD (4-Hour Timeframe)Based on the 4-hour short-term chart of the FX:EURUSD currency pair, the price has been trending upwards from the 1.060 support zone. The price is currently trading above the EMA 60 and moving towards a supply zone.
🔹The current outlook is positive, with a potential for further upside movement towards the target zone of 1.077/1.080.
⏭An alternative scenario involves the price pulling back from the supply zone after a minor correction and then resuming its upward trajectory toward the target zones within the liquidity gap area.
Key Support and Resistance Levels:
Support: 1.070/1.068
Resistance: 1.077/1.080
🚨It is important to note that today is a significant news day, which could lead to increased volatility in the market.
This is not financial advice. Always do your research before making any investment decisions.
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GOLD done the buy now only bearish read the caption Gold has been hitting all-time highs almost daily for the past two weeks, reaching $2364 in the spot market on Tuesday before the start of US trading. The ability to rise above $2071 per ounce, which gold found in late February, has signalled a break of resistance that has kept gold above since August 2021
Gold is now rising more actively than it did in the previous long-term bull cycle. In 2011, years of gains were followed by a two-year consolidation, which was replaced by a three-year bear market
Gbpusd bull & big Bull read the caption In the bigger picture, price actions from 1.3141 medium term top are seen as a corrective pattern to up trend from 1.0351 (2022 low). Fall from 1.2892 is seen as the third leg. Deeper decline would be seen to 1.2036 support and possibly below. But strong support should emerge from 61.8% retracement of 1.0351 to 1.2452 at 1.1416 to complete the correction
EUR/JPY Short and EUR/USD ShortEUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 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.
EUR/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.
Eurusd confirm buy here is opportunity read the caption EUR/USD is still bounded in range trading above 1.0601 and intraday bias remains neutral. Strong resistance should be seen from 1.0723 to complete the corrective rise from 1.0601. Break of 1.0601 will resume the fall from 1.1138 to 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0535 next. Nevertheless, firm break of 1.0723 will bring stronger rebound to 55 D EMA (now at 1.0786) instead
EUR/GBP Trade Recap and Missed Trade and EUR/JPY ShortEUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 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.
EUR/GBP Long, AUD/NZD Short and GBP/CHF LongEUR/GBP Long
Minimum entry requirements:
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 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.
GBP/CHF Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
GOLD CONFIRM TO ABOVE 2460 VOLUME INCREASE READ THE CAPTION XAU/USD trades near $2,371 and the daily chart shows that the slide may continue. Technical indicators retreat from extreme overbought levels, suggesting the decline may continue. Still, a steeper slide remains out of the picture, as XAU/USD refuses to give up while developing its moving averages above all Simple Moving Average (SMA) maintains its firmly bullish slope at around $2,280 and roughly $300 above an also bullish 100 SMA
Eurjpy high bull more than expected read the caption Looking at the 4-hour chart above, the price is now within a swing area that was a highlight going back to February and into March. That ceiling was ultimately broken in mid-March, and has traded above and below the swing since that time.
Earlier this week, the price move back above the swing area, but has reversed lower.
Technically, the price is looking to test the rising 100-bar moving average on the 4-hour chart and the 38.2% retracement. Both those technical levels are at 163.38.
If the price of the EURJPY can get below that level, traders would next target the 200-bar moving average at 162.87, but the bias shifts with the sellers making
XAUUSD BUY STRONG BUY NOW MORE SELL TODAY BUY BUY GOLD CONTINUE Gold probed above for the second time, inflated by increased safe haven demand following Israel’s attack on Iran early Friday
Although the spike above the metal’s price reached was so far short lived, near-term focus remains at the upside, as fears of further escalation in the region will continue to fuel demand
Technical picture is firmly bullish as indicators are in bullish setup and recent dips were contained by rising
XAUUSD BUY NOW_2380_2375
TP_2390
TP_2400
TP_2450
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GBPJPY now sell GBPJPY signaling a trendless market. Similarly the RSI continues to hover around confirming the current indecisiveness of market participants. More importantly, the stochastic oscillator is trying to edge above its moving average, but such a move needs to pick up pace in order to be seen as a strong signal
Gbpjpy bull only because of war read the caption Additionally, the rising tension between Israel and Iran heightens concerns of a wider conflict in the Middle East, providing some support to safe-haven currencies like the Japanese Yen (JPY) and creating a headwind for the GBP/JPY cross.
The latest data from the Office for National Statistics showed on Friday that UK Retail Sales arrived at 0% MoM in March from a 0.1% rise in the previous reading, weaker than the market expectation of 0.3%. Meanwhile, the Retail Sales ex-fuel dropped by 0.3% MoM, compared
XAU increased due to improving market sentimentWorld gold prices increased slightly, currently trading around 2,370 USD at the time of writing. Yesterday, gold turned down after approaching its highest level of the week in the European session, reaching about 2,395 USD, almost reaching the 2,400 USD mark. The main reason for this decline comes from improved market sentiment, reflected in investors' preference for riskier assets.
However, falling US government bond yields also contributed to weakening the USD, making it difficult for gold to fall sharply immediately. However, gold's decline may be limited by rising geopolitical tensions in the Middle East, especially after the US announcement of imposing new sanctions on Iran.
The short-term outlook for gold prices remains uncertain. Middle East tensions and Fed monetary policies will be key factors to watch. If Middle East tensions escalate or the Fed becomes more hawkish, gold could rise. However, if market sentiment continues to improve and US government bond yields increase, gold may fall further.
Audusd confirm dip move as you see trendline read the caption The most recent leg down, which started on April 10, was driven by a sudden strengthening in the US Dollar (USD).
A run of strong macroeconomic data from the US, a solid labor market and persistently high inflation means the US Federal Reserve (Fed) cannot go ahead and cut interest rates as soon as it had been planning.
The expectation of interest rates remaining higher for longer in the US in order to continue cooling down the economic
GBPUSD uptrend analys resistance confirm On the 4 hour chart, we can see more clearly the bearish setups around the 1.24 and the 1.25 handles. If the price were to break above the 1.25 resistance zone, we can expect the buyers to increase the bullish bets into the trendline targeting a break above it. There’s not much else to glean from this chart, so we need to zoom in to see some more details
Gbpusd confirm buy here a chance
Usdjpy Down range go with trendUSDJPY 1 day chart
For the yen, the move is particularly notable as it pushes into technical blue skies
Eyes are on Japan for signs of intervention but given that the recent move has largely been on broad USD buying following fundamentally stronger CPI numbers, it's a tough one to lean against. There have been signs of a managed decline but no real intervention. However there is a limit and we could see them draw a line at 155.01