XAUUSD STILL BEARISH ON HTFThe HTF is very Bearsih while the LTF is Bullish and on its Range is at Discount Level of which the next logical target is above 1840 as they are relative equal highs and an imbalance that was never filled an also posssible mitigation of the OB that sponsored the big move around 1870 zone......
Liquiditypool
USDCAD - Perfect Liquidity Targets LONG-TERM !Long Term targets for USDCAD.
Perfect Equal highs / Lows for the market to target. Both these highs and lows contain lots of liquidity resting in these specific areas as retailers and hedge funds are buying and selling at these levels. Both levels are expected to be reached. and potentially a huge manipulation to take out all uninformed traders.
Look for PD Arrays within this sideways consolidation to trade from and to trade to. Be cautious of Equilibrium as it is the 50% of the range. Below Equilibrium, we're in Discount, above Equilibrium we're in Premium.
So again, trade within the range and long-term targets for USDCAD is the Equal highs and lows of the range.
Good luck.
Understanding Equal High LiquidityThe concept around equal high liquidity comes from the understanding that stop losses hold above these points.
In this example, price broke out of bullish structure and began to form bearish market conditions.
This would of course attract sellers, especially at the double top point marked.
The idea is simple, tackle the impulsive sellers before the trend continues.
You can see that price began to lure sellers in from the double top but then came back to take them out before continuing with the true move.
This type of move falls under all concepts of money distribution within liquidity and is definitely worth adding to your strategy.
"I might pump, but i don't dump" -Elon Musk | BTC Trade ideaEarlier today market broke above the previous lower high around 32400 and new higher high created, giving us the signs of strength in the market. We will likely see a pullback on BTC in the following sessions and it is recommended to buy the dips around 31-30K.
NZDUSD | Market outlook
NZD/USD gained strong positive traction on Friday in reaction to a stronger NZ CPI report.
A subdued USD demand remained supportive of the move up amid a positive risk tone.
Rebounding US bond yields, upbeat US Retail Sales data did little to impress the USD bulls.
COVID-19 jitters kept a lid on any runaway rally for the major, at least for the time being
AUDUSD | Market outlook
The pressure on the pair AUD/USD is increasing amid the rapid spread of the Delta coronavirus strain in Australia and the strengthening of the US dollar after the publication of inflation data in the USA.
Investors remain concerned about the epidemiological situation in the country. Victoria state was locked down for five days on Thursday following a spike in COVID-19 infections. Market concerns about the spread of the coronavirus are supporting the US dollar and weakening other currencies.
US30 FORECAST Since the move 35119 made double tops with the last high of 10 May.... we all know that they is a ton of SL's above the highs I therefore anticipate that Price will go lower to fulfill IMB's at the bottom of the Range before going for Liquidity above the EQH's as the structure is so so so BULLISH.
GOLD ready to make a decision? | TRADE IDEA
Gold fell on Monday in step with a stronger dollar as investors cautiously looked forward to U.S. inflation data that could influence the Federal Reserve’s timeline for easing its bond purchases.
However, a gold recovered before NY closed and continued the rally during ASIAN session.
Possible pullback on gold around 1801-1798 (OTE) before further upside continuation.
JPY strength - good for a short? CADJPY or GBPJPY interestingGood Monday!
this is a good analysis on how JPY could be a good idea to trade this week after the run up that all currencies did against it.
Fundamentals, Japan has had some good news on their books, we will see how the liquidity responses to this .
USDTRY - Preparing for a dip?
The Turkish lira under pressure from inflation data in the country.
June consumer price index rose from 0.89% to 1.94% MoM and from 16.59% to 17.53% YoY. As a result of the partial lifting of quarantine restrictions and an increase in raw material prices, inflation in Turkey has reached two-year highs, which does not give hope for the start of lower interest rates by the country's central bank until the end of this year.
XAUUSD | POSSIBLE PULLBACKGold rose above the $1,800 psychological level on Tuesday to hit a three-week high, as a pullback in the dollar lifted bullion demand, while investors awaited minutes from the U.S. Federal Reserve’s June meeting for clarity on monetary policy.
Expecting a possible pullback on gold in the following next sessions. Recommended buying on the pullbacks around 1776-770