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XAUUSD Technical Analysis 31.10.2023 1h chart– Previous Daily candle closed Bearish around 1996.200 forming Daily Resistance around 2006.200. – Buys on close above 2001.000 targeting Daily Resistance formed around 2006.200, Leaving Runners to the 4h Resistance formed on 16th May 2023 around 2012.200. – Sells on close below 1993.400 targeting previous Monthly Resistance formed in May 2023 at 1989.600, Leaving Runners to the 1h previous Resistance formed around 1983.600. – High Impact News ahead of the New York session starting with Employment Cost Index q/q, CB Consumer Confidence, followed by S&P/CS Composite- HPI y/y and Chicago PMI. High Volatility expected.
OANDA:XAUUSD
by SalimFX20
3
GBPJPY Technical Analysis 31.10.2023 1h chart– Previous Daily candle closed Doji Bullish around 181.370 as price consolidate in the 4h timeframe. – Buys on close above 181.490 targeting 4h Resistance formed around 181.890, Leaving Runners to the Daily Resistance formed around 182.290. – Sells on close below 180.890 targeting 1h Strong Support formed on 5th October 2023 around 180.570, Leaving Runners to the 4h Support formed around 180.210. – High Impact New ahead of the Asian session for the Japanese Yen, Starting with BOJ Outlook Report, BOJ Policy Rate, Monetary Policy Statement followed by BOJ Press Conference, High Volatility expected.
by SalimFX20
XAUUSD Technical Analysis 30.10.2023 1h chart– Previous Weekly candle closed Bullish around 2006.000 breaking above Strong Key Level (2000.000), Friday Daily candle also closed Bullish breaking out of the recent Daily Consolidation Zone – Buys on close above 2010.000 targeting Weekly Resistance formed on 8th May 2023 around 2017.000, Leaving Runners to the Weekly High formed on 15th May 2023 around 2022.400. – Sells on close below 2002.100 targeting 30min previous Resistance formed on 20th October 2023 around 1997.000, Leaving Runners to the 4h previous Resistance formed around 1992.300. – Ideally is to allow price to form a new Range for the new Weekly candle, Also the Monthly candle closing on Tuesday 31st so price could possibly Range, Strong Confirmation for an Entry and Risk Management is a Must.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 30.10.2023 1h chart– Previous Weekly candle closed Bearish at 181.280 forming Weekly Resistance around 182.180 within the Weekly Range, Friday Daily candle also closed Bearish breaking below recent Daily Support. – Buys on close above 181.460 targeting 1h Resistance formed around 181.810, Leaving Runners to the next Hourly Resistance formed around 182.070. – Sells on close below 181.040 targeting Weekly Support formed around 180.660, Leaving Runners to the Weekly Support formed on 4th October 2023 around 180.210. – Ideally is to allow price to consolidate during the Asian session to set up new range for the new Weekly candle and wait for High Volume time for London / NY session.
by SalimFX20
XAUUSD Technical Analysis 27.10.2023 1h chart– Previous Daily candle closed Bullish around 1984.900 closed above Daily Resistance formed on Monday this week. – Buys on close above 1987.200 targeting 1h Resistance formed around 1992.500, Leaving Runners to the previous Weekly High to fill the wick around 1997.600. – Sells on close below 1978.900 targeting 30min Support around 1973.300, Leaving Runners to the Monthly previous Resistance formed in August 2023 around 1966.200. – High Impact News ahead of the New York session for the US Dollar, Core PCE Price Index m/m and Revised UoM Consumer Sentiment.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 27.10.2023 1h chart– Previous Daily candle closed Bullish around 182.280 forming Daily Support around 181.870 rejecting the 181 level. – Buys on close above 182.600 targeting 1h Resistance around 183.000, Leaving Runners to the Daily Resistance formed around 183.370. – Sells on close below 181.930 targeting 1h Support formed around 181.450, Leaving Runners to the 4h Support formed around 181.100. – Medium Impact News ahead of the Pre Asian session for the Japanese Yen, Tokyo Core CPI y/y forecasted to remain the same at 2.5%.
by SalimFX20
XAUUSD Technical Analysis 26.10.2023 1h chart– Previous Daily candle closed Bullish around 1980.000 forming Daily Support around 1970.900 as price ranges within the Daily timeframe. – Buys on close above 1985.600 targeting 30min Resistance around 1991.800, Leaving Runners to the previous Weekly High to fill the wick around 1997.600. – Sells on close below 1970.600 targeting 30min Strong Support formed around 1963.200, Leaving Runners to the 1h previous Resistance formed around 1957.200. – High Impact News ahead of the New York session for the US Dollar, starting with Advance GDP q/q, Unemployment Claims, Advance GDP Price Index q/q, followed by Core Durable Goods Orders m/m, Durable Goods Orders m/m, FOMC Member Waller speaking at Economics of Payments XII Conference and Pending Home Sales m/m.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 26.10.2023 1h chart– Previous Daily candle closed small Bearish around 181.870 as price back trading within the Daily Consolidation Zone formed last week. – Buys on close above 182.130 targeting 4h Resistance around 182.440, Leaving Runners to the 1h previous Support formed around 182.900. – Sells on close below 181.620 targeting 4h Support formed around 181.380, Leaving Runners to the 4h Support formed around 181.100. – It is extremely important to wait for strong confirmation as price back trading within the Daily Range formed last week, Targets for Buys and Sells have both been adjusted accordingly.
by SalimFX20
XAUUSD Technical Analysis 25.10.2023 1h chart– Previous Daily candle closed Doji Bearish around 1971.000 forming a Rejection wick to the downside. – Buys on close above 1981.000 targeting 30min Resistance formed around 1986.800, Leaving Runners to the 1h Resistance formed around 1991.800. – Sells on close below 1969.000 targeting 30min strong Support formed around 1963.200, Leaving Runners to the 1h previous Resistance formed on 18th October 2023 around 1957.200. – High Impact News ahead of the New York session for the US Dollar starting with New Home Sales, Later on the day we have Fed Chair Powell due to deliver opening remarks at the Moynihan Lecture in Social Science and Public Policy in Washington DC.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 25.10.2023 1h chart– Previous Daily candle closed strong Bearish around 182.210 forming strong Daily Resistance around 183.310. – Buys on close above 182.520 targeting 1h previous Support formed around 182.900, Leaving Runners to the Daily Resistance formed on Tuesday this week around 183.310. – Sells on close below 182.050 targeting 4h Support formed around 181.760, Leaving Runners to the 1h Support formed around 181.500. – Ideally is to allow the Asian session to range allowing the new Daily candle to retrace forming top wick before breaking the previous Daily Low for the continuation to the downside.
by SalimFX20
XAUUSD Technical Analysis 24.10.2023 1h chart– Previous Daily candle closed Bearish around 1972.700 forming Daily Resistance around 1981.000. – Buys on close above 1981.700 targeting 15min Resistance around 1986.800, Leaving Runners to the 1h Resistance formed around 1991.800. – Sells on close below 1970.300 targeting 4h Support formed around 1966.000, Leaving Runners to the previous 15min Resistance formed around 1959.900. – High Impact News ahead of the New York session for the US Dollar, starting with Flash Manufacturing PMI and Flash Services PMI, followed by Richmond Manufacturing Index.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 24.10.2023 1h chart– Previous Daily candle closed Strong Bullish around 183.310 breaking out of the Daily Range formed last week. – Buys on close above 183.440 targeting 4h Resistance formed around 183.720, Leaving Runners to the Daily Resistance formed around 184.180. – Sells on close below 182.940 targeting previous Daily Resistance formed on 17th October 2023 around 182.630, Leaving Runners to the 30min Support formed around 182.330. – High Impact News ahead at the Pre London session starting with Claimant Count Change, followed by Flash Manufacturing PMI and Flash Services PMI during the London session.
by SalimFX20
1
XAUUSD Technical Analysis 23.10.2023 1h chart– Previous Weekly candle closed strong Bullish around 1980.900 breaking and closing above multiple previous Weekly Resistances, Friday Daily candle closed small Bullish forming a Rejection wick to the upside. – Buys on close above 1984.800 targeting 1h Resistance around 1991.800, Leaving Runners to the 30min Resistance formed around 1997.300. – Sells on close below 1972.500 targeting Previous Monthly Resistance formed in August 2023 around 1965.500, Leaving Runners to the 15min Previous Resistance formed around 1959.900. – Ideally is to allow price to consolidate during the Asian session forming a new range for the new week ahead.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 23.10.2023 1h chart– Previous Weekly candle closed Bullish at 182.200 forming Weekly Support around 181.170, Friday Daily candle closed Bullish forming Daily Support around 181.820. – Buys on close above 182.350 targeting 4h Resistance around 182.720, Leaving Runners to the 30min Resistance around 183.140. – Sells on close below 181.400 targeting 4h Support around 181.100, Leaving Runners to the Weekly Support formed around 180.660. – On the previous week, Daily candles have been ranging between 181.100 to 182.600 hence why the No Trade Zone is much larger than usual, Ideally is to allow the Asian session to form a new range ahead for the new Weekly candle and wait for price to break out during high volume time using strong confirmation.
by SalimFX20
XAUUSD Technical Analysis 06.10.2023 1h chart– Previous Daily candle closed weak Bearish around 1820.200 as price still ranging withih the 4h timeframe prior to NFP this Friday. – Buys on close above 1829.200 targeting 1h Strong Resistance formed around 1837.700, Leaving Runners to the next Hourly Strong Resistance formed around 1845.000. – Sells on close below 1815.500 targeting Weekly Support formed at 1810.500, Leaving Runners to the Daily Support formed at 1803.500. – High Impact News ahead of the New York session for the US Dollar, starting with Average Hourly Earnings m/m and Non-Farm Employment Change, followed by Unemployment Rate and FOMC Member Waller speaks later on the day. High Volatility expected during the news release.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 06.10.2023 1h chart– Previous Daily candle closed small Body Bullish at 181.020 as price consolidate within the 4h and Hourly timeframe. – Buys on close above 181.260 targeting 1h Resistance around 181.690, Leaving Runners to the next Hourly Resistance formed around 182.040. – Sells on close below 180.470 targeting Daily Support formed on Wednesday around 179.930, Leaving Runners to the 1h Support formed around 179.660. – As the Weekly candle is coming to a close it would be ideal to wait for price to break out of the Consolidation zone during high volume time.
by SalimFX20
2
XAUUSD Technical Analysis 05.10.2023 1h chart– Previous Daily candle closed weak Bearish around 1821.300 as price consolidate within the No Trade Zone identified on the most recent Analysis posted for Wednesday 4th October 2023. – Buys on close above 1829.200 targeting 1h Resistance around 1833.700, Leaving Runners to the next Hourly Resistance formed around 1838.000. – Sells on close below 1817.200 targeting Weekly Support formed around 1810.800, Leaving Runners to the Daily Support formed around 1804.200. – High Impact News ahead of the New York session for the US Dollar, Unemployment Claims forecasted at 211k, Previously was 204k.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 05.10.2023 1h chart– Previous Daily candle closed Bullish around 180.920 forming Daily Support around 179.930 as price retest the previous broken Daily Support formed on 27th September 2023. – Buys on close above 181.260 targeting 1h Resistance around 181.690, Leaving Runners to the next Hourly Resistance around 182.040. – Sells on close below 180.470 targeting Daily Support formed around 179.930, Leaving Runners to the 1h Support formed around 179.660. – High Impact News at the London session for the Pound Sterling, Construction PMI data forecasted at 50.0, Previously was 50.8.
by SalimFX20
XAUUSD Technical Analysis 04.10.2023 1h chart– Previous Daily candle closed small Bearish around 1822.900 as price started to range on the Hourly timeframe. – Buys on close above 1829.200 targeting 1h Resistance around 1833.700, Leaving Runners to the next Hourly Resistance formed around 1838.000. – Sells on close below 1817.200 targeting Weekly Support formed around 1810.800, Leaving Runners to the Daily Support formed on 29th December 2022 around 1804.200. – High Impact News ahead of the New York session for the US Dollar, starting with ADP Non-Farm Employment Change followed by ISM Services PMI, High volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 04.10.2023 1h chart– Previous Daily candle closed Bearish around 179.940 forming a huge rejection to the downside around 178.020 as Bank Of Japan carries out a currency intervention. – Buys on close above 180.300 targeting previous 1h Support formed around 180.670, Leaving Runners to the 4h Resistance formed around 181.100. – Sells on close below 179.620 targeting 1h previous Resistance formed around 179.020, Leaving Runners to the 1h Support formed around 178.520. – There is a good probability for price to form a Daily Support after the Daily Rejection formed on Tuesday.
by SalimFX20
XAUUSD Technical Analysis 03.10.2023 1h chart– Previous Daily candle closed strong Bearish around 1827.800 tapping into the previous Monthly Support formed in March 2023. – Buys on close above 1833.200 targeting 1h Resistance around 1838.000, Leaving Runners to the next 1h Resistance around 1845.000. – Sells on close below 1824.000 targeting 1h Support formed on 9th March 2023 around 1818.000, Leaving Runners to the Daily Support formed on 8th March 2023 around 1813.300. – High impact news ahead of the New York session for the US Dollar, JOLTS Job Openings data releases 30min after New York Stock Exchange open.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 03.10.2023 1h chart– Previous Daily candle closed strong Bearish around 181.120 just below recent Daily Support formed on 27th September 2023. – Buys on close above 181.430 targeting previous 1h Resistance formed around 181.890, Leaving Runners to the 4h Resistance formed around 182.460. – Sells on close below 180.730 targeting previous Daily Support formed on 21st July 2023 around 180.140, Leaving Runners to the previous Daily Support formed on 13th July 2023 around 179.790. – Ideally is to allow price to retrace on the higher timeframe allowing the Monthly candle to form the top wick before breaking the lows.
by SalimFX20
XAUUSD Technical Analysis 02.10.2023 1h chart– Previous Monthly candle closed strong Bearish around 1848.700 closing below recent Monthly Support formed in July 2023, Weekly and Friday Daily candle also closed strong Bearish with barely no wick to the bottom. – Buys on close above 1854.000 targeting 30min Resistance formed around 1961.000, Leaving Runners to the 4h previous Support formed around 1865.000. – Sells on close below 1846.600 targeting 30min previous Resistance formed on 10th March 2023 around 1837.900, Leaving Runners to the 4h Support formed around 1830.700. – High Impact News ahead of the New York session for the US Dollar starting with ISM Manufacturing PMI and ISM Services PMI, followed by Fed Chair Powell speech and FOMC Member Harker’s speech aswell.
OANDA:XAUUSD
by SalimFX20