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J-DXY

Buy Gold (Xau/Usd) Bullish ChannelThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent formation of well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 2511, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2537 2nd Support – 2551 Stop-Loss: To manage risk, place a stop-loss order below 2499. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDLong
by KABHI_FOREX_TRADING
13
Levels discussed on 27th August Livestream27th August DXY: consolidating along 100.80, needs to stay below 101.10 to maintain bearish sentiment, breaking 100.80 could trade down to 100.55 NZDUSD: Buy 0.6230 SL 20 TP 45 AUDUSD: Look for reaction at 0.68 (CPI Pending) Sell 0.6740 SL 25 TP 45 (Tomorrow) GBPUSD: Buy 1.3225 SL 35 TP 70 EURUSD: Buy 1.1180 SL 25 TP 70 USDJPY: Wait for retracement to complete, before looking for selling potential. could retest 146 USDCHF: Nothing for now, look for reaction at 0.8445 USDCAD: Sell 1.3450 SL 20 TP 40 Gold: Could retest 2500, look for bounce to 2515
TVC:DXY
by JinDao_Tai
GOLD → The bull market is testing ATH. What to prepare for?FX:XAUUSD consolidates above 2508 and flies to the key resistance - the border of the range. High probability of a false breakdown and correction before the subsequent growth. . The lively price growth is based on the sustained weakness of the U.S. dollar after the “dovish” remarks of U.S. Federal Reserve Chairman Jerome Powell at a symposium in Jackson Hole on Friday: “the Fed's easing cycle will begin in September”. The hedge asset, meanwhile, is also benefiting from escalating geopolitical tensions in the Middle East Focus on US durable goods orders data, which will be released later on Monday. Technically, strong resistance will be difficult to pass the first time around. MM may test the imbalance zone of 2520 - 2510 before returning for another retest of 2531, the target of which could be a breakout and rise to 2550. Resistance levels: 2531, 2550 Support levels: 2515, 2508 The global and local trends are bullish and the overall sentiment is clear. This tone is supported by the fundamental background from last Friday. Technically, the continuation of growth should be considered, as there are no prerequisites for a reversal or change of trend at the moment Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDLong
by RLinda
8
XAUUSD 26/8/24After calling another all-time high on gold last week, we were expecting more upside from this pair. Now, the one thing that shifts us toward a sell-side bias is the fact that we broke the last significant structural low that led to the new high. This indicates that a pullback is in progress, but with liquidity building above the significant high, the probability of further upside remains the most likely scenario. With this in mind, the level below the current price, where we reacted last week, is where we expect the price to come down and interact again. We also have a demand area below. If the price drops into this area, I will look for longs back toward the highs, potentially creating another new all-time high for gold. However, if we break below the trajectory level we’ve identified and pass the demand area we've marked, we’ll anticipate a deeper pullback, similar to what we projected on EUR/USD. Using the same principles here, we have two points of interaction for potential upside moves, but for sell-side moves, we don’t yet have any areas to reference. If the price drops lower, new areas will be left behind, and we can begin to consider them. Until then, we are focusing solely on the upside areas. This aligns with our overall bias, supported by the daily timeframe, which is showing very strong moves to the upside. We do not expect this to change abruptly. Trade safely, follow your plan, and stick to your risk management.
OANDA:XAUUSD
by rosshayes
#DXY 1W chartLet's update our #Dxy 1W chart; 100$ already seen. The pattern I mentioned before continues, I was wondering if it would only go up one more round, but it did not allow it. * Weekly close came below the trend line. * It gave a mismatch signal. * For the first time in 2.5 years, it closed below the 200 EMA on a weekly basis. After OB fills the resistance zone (gray box), it may rise again for an up retest. If it closes below the blue line, the decline may deepen. Why is DXY important for us?
TVC:DXYShort
by ugurtash
XAU/USD : Key Levels and Trading Strategies to WatchBy reviewing the #Gold chart on the 2-hour timeframe, we can see that today the price climbed to higher levels, reaching the $2525 range. Currently, there has been an initial reaction to this supply zone. The price is close to its historical high of $2531, and we need to see if it will stabilize below $2520 or above $2527 in the next 4 hours. Day traders will need more confirmation before taking a SELL position, while scalpers can look for suitable SELL triggers within the $2527 to $2532 range, managing risk carefully and taking quick profits. My medium-term outlook on gold remains bullish, and I expect to see the price reaching $2550 and $2600 soon. 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 ((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !
OANDA:XAUUSD
by ArmanShabanTrading
1
Levels discussed on Livestream 26th August26th August DXY: If IHS forms and break 100.80, could trade up to 101 and 101.10. If 100.80 holds as resistance, could trade down to 100 (if 100.50 is broken) NZDUSD: Buy 0.6225 SL 20 TP 50 AUDUSD: Buy 0.6810 SL 20 TP 75 (Hesitation at 0.6850) GBPUSD: Buy 1.3190 SL 40 TP 100 EURUSD: Buy 1.1175 SL 20 TP 75 USDJPY: Sell 143.25 SL 30 TP 100 USDCHF: Nothing for now, look for reaction at 0.8445 USDCAD: Could consolidate along 1.35 for now Gold: Currently 2521 could trade up to 2530
TVC:DXY
by JinDao_Tai
DXY Is Going Up! Long! Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 100.664. Taking into consideration the structure & trend analysis, I believe that the market will reach 102.105 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYLong
by SignalProvider
1
GOLD → Consolidation within a bullish trend. News ahead...FX:XAUUSD is forming a consolidation in the triangle format. Traders are in a stupor and are not ready to act prematurely before the news, but buyers are still quite aggressive Fundamentally, today's focus is on initial jobless claims, we have seen a decline in unemployment lately, which generally indicates an improvement in the environment, analysts expect the same “warm” figures. But, the main focus for Friday is Powell's speech, where further policy, inflation and regulator's actions will be discussed. Most likely, the current course of the markets may be strengthened. Technically, the emerging above sma traygolnik on H1 is a “continuation pattern”, higher probability of resistance breakout. But, the news may affect the market more drastically, before further recovery (manipulation). Resistance levels: 2510, 2519, 2531 Support levels: 2498, 2488 Emphasis on resistance breakout, bulls are serious enough. But on the background of news MM can form liquidation (longsqueeze) before further growth. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDLong
by RLinda
29
NZDUSD → Attempt to change the trend amid falling dollarFX:NZDUSD is strengthening from the opening session amid the dollar's return to southward movement. Traders are intensifying USD sell-offs amid expectations of interest rate cuts... Despite the New Zealand Central Bank's interest rate cut, the USD sell-off is more active on the currency pair. The dollar is forming a retest of support, which increases the chances of further decline in the price amid strong sell-offs. The currency pair is testing the resistance at 0.6083, but at the moment there is a high probability of correction to the imbalance zone. The reason is that we approached the zone too quickly, we need to accumulate the pre-breakout potential. But, if the bulls manage to consolidate above the resistance, then the market will move to the realization phase after the trend line breakout. Resistance levels: 0.60828, 0.61475 Support levels: 0.6036 Fundamentally, the environment points to the continuation of growth. Technically, the bulls will have to pass through the trigger at 0.60828 to start the realization phase. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:NZDUSD ;) Regards R. Linda!
Long
by RLinda
2
EURUSD → ATH update, false breakdown, but there are nuances...FX:EURUSD continues to strengthen, updating the December 2023 ATH and forming a false breakout that could form a small correction before a possible rise. . The key level is 1.1123, as well as the high of 1.1173. The struggle for the lower level continues, bears are not letting the price up, expecting to capitalize on the correction before the news. The focus is on Powell's speech, which will take place at 14:00 GMT. His tone, prerequisites and comments could set a strong medium-term backdrop for the markets. Technically, 1.1075 has formed a pool of liquidity that could be of interest to MM. But we need to watch price behavior, a small correction and a retest of resistance or consolidation near the level will be a good signal that the bulls are ready to go higher. Resistance levels: 1.1123, 1.1173 Support levels: 1.1047, 1.1009 The price is currently in the consolidation phase. The correction may start, but if the price turns to retest 1.1123, it is worth considering a breakout strategy and further growth. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;) Regards R. Linda!
Long
by RLinda
4