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NEWS

Any nae sayers??USD/Chinese Yuan has been showing dovish signals during the 3rd qtr and after the news on July 12, 2023 (which can be located on the blue location tab) the economy shows to be slowing down significantly. After news printed on the 12th of July 23, price made a clear decision just 4 hours later we can start to see some clear institutional movement with the dovish engulfing candlestick and a day later structure appears to continue downside pressure especially with the Pin bar holding at a resistance. This could lead to a further drop in price. Even though this pin bar has printed i'm still looking at price for a sell off from the previous news update for a stronger move to the downside. I will be patiently waiting for this move to happen. 38 Pip S/L 558 Pip T/P Let me know what you think?
Short
by Da_KahunaFx
2
EURUSD before CPISome of the most important news for the market at the moment will be published today. Inflation data in the USA will be announced at 15:30 Bulgarian time. Regardless of the values, larger fluctuations are expected. Therefore, before important news, it is recommended to reduce the risk of active positions and avoid new trades. EURUSD continues its uptrend and 1.1080 is getting closer. Corrections and stop hunting below the previous bottom are entirely possible. We will look for new entries after the news!
by ForexTrendline
2
Can FTT trash turn into phoenix and give 1500%? 🦄 In 2022, one of the most significant events that turn crypto markets is the collapse of FTX exchange. However, native token of this exchange is still traded on some other exchanges. It may seem funny, but probably this trash wrapper can be resurrected and give fantastic profit. Why? 🤨 In recent months, several news have come out that the company is returning part of assets to its investors. And this is really surprising, because according to bankruptcy article, under which this company went, they may not do this. The strange thing is that in 9 months native FTT token has not yet been delisted from many crypto exchanges. Why trade token of an exchange that has not existed for 9 months? 🤔 In a couple of minutes you will understand everything. The fact is that FTX owes more than $ 3 billion to its largest creditors. Of these, it owes almost $1.5 billion to the 10 largest funds. In total, FTX can have over 10,000 creditors! All of them are interested in returning this debt. Such large funds and exchanges once invested in FTX: Binance, Sequoia, Multicoin and Kraken Ventures, etc. And such big players dont like to lose money. And recently there was news that FTX may restart in soon future 🎪 Yes, I understand that all this sounds extremely unconvincing and I myself did not believe in it until I saw it ... 🤯 Look at this chart 👆 After exchange went bankrupt - trading volumes of the native BYBIT:FTTUSDT token increased significantly. There were no such volumes even during existence of exchange! Moreover, such volumes are not on one, but on all exchanges where this token is traded. Some big players is collect coins from market very cheap. Probably in future there will be news that the exchange is restarting and under this news people will massively run to buy coins, inflating the price, and those who bought them in advance (at current prices) will sell them to market, thereby having an incredible profit 💸 If you believe that such a scenario is possible, its logical to buy quite a few coins in order to increase capital. When buying from current prices ($ 1.6), the coin can give up to +1500% when the scenario is implemented. When buying a coin from the lower limit ($0.8) - the transaction can bring up to 3000%! 🪄 That is, $100 can turn into $1500 ✨ What about risk? The exchange has already gone bankrupt, what could be worse? 🤠 But remember that this is an extremely risky transaction and you can lose all invested funds, so no “meatballs”, only money that is not afraid to lose. If you are interested analysis of other assets - please write about it in comments. Also, don't forget to subscribe to my channels to stay up to date with profitable ideas 🦄
Long
by Dorado_Crypto
[ PMI ] Red Folder News Scenario's 🔥/ Eurusd For PMI data I'm favoring a continued push up throughout NY Session. If this does not happen then i anticipate the volatility to create the High of the day then slowly faded off the highs back to support at 1.08743. It is Monday and the market is setting up for the rest of the week so beware of that. On My last publishing I detail a potential fakeout on the Daily timeframe after the Friday candle Closed back inside the range last week above 1.0892 which is now our weekly support level. I'm looking for price to return to 1.096 daily resistance this week with the fakeout market structure. The Daily candle was bearish all day today and has only just recently flipped back bullish as we coincide with PMI data in 7 minutes. I took a buy and just TP with majoirty of my position., holding on to some during news with SL at B.E. Update : Price shot into profit and my runner position I took Profit at +25 Pips
Long
by ShrewdCatfx
Momentum Points South 🐻 We can observe the 4hr candle jsut closed below 1.0882 4Hr support Zone. Price also doesn't seem to care too much about our Daily support level 1.08915. Price retraced during London Session and gathered some liquidity while touching into weekly level 1.094 before coinciding with a drop with better than expected USD news. Also upon the 4hr candle close, it printed an engulfing candle and a siginficant top wick. All signs are screaming more downside to come. It may be after a deeper retrace to around 1.0882 and 1.08915 area but probabilities suggest lower prices to 1.0847 4hr support zone. This zone also happens to be the previous weekly candle bottom wick that we are now going to fill with momentum leftover from last week? we'll see if we get the push and fill the 33 pip range with clean traffic to the left down to 1.0847.
Short
by ShrewdCatfx
Golds Recent DeclineGold continues to fall after breaking key range, Golds forming a bearish channel, again what I spoke about yesterday. Also looking like a bearish wedge is forming. Gold is approaching the key support of 1895. Possible rebound from the level to the nearest resistance I predict. The trend is clearly bearish, I’ll be targeting sells today. If another key support is broken it will push the price further down. I predict a retest of 1895 soon Another support level of 1910 is broken and price is forming a consolidation below the level, also that impulse I spoke about yesterday. Support 1895 Resistance 1910
OANDA:XAUUSDShort
by xEthan
A Volatile Climax in PricePrice did a break and retest above our 1.0918 Daily S/R Zone during Asian trading today and has increased 58 pips since then. The Daily candle reached within 9 pips of the 1.0986 Daily resistance zone formed last week. This return back to the topside of what looks to be a range forming now. Top of the range being 1.0986 Daily resistance zone and 1.08908 Daily support Zone. The NY 4hr candle dipped back to around 1.094 Weekly resistance level where it found support. 1.09435 is also a 1Hr support Zone that was created with the New York session 1Hr candle. 2 4 Hour candles have closed above 1.0957 4hr Zone. Maybe I'm just trading what I think but I prefer selling at these prices. My thoughts are that we are towards to the topside of what could now be a range as previously mentioned on the 4hr timeframe .
Short
by ShrewdCatfx
Bearish Gold WEEK ?Gold took a hit this week as the dollar rebounded after the Bank of England raised interest rates by half a percentage point — twice more than forecast — saying it needed to act against "significant" indicators that British inflation would take longer to fall. U.K.’s main interest rate is now at 5%, the highest since 2008 after the largest rate increase since February. For me the gold metal will go a little bit down . Wha do you think traders , Am I right ?
TVC:GOLDShort
by ZumixFX