USD/CHF (NFP INFO) According to my latest analysis, the upcoming Non-Farm Payroll (NFP) should be "Positive" with a small increase in MOM average hourly earnings, this will boost the USD and bring the gold down, and I hope you understand the correlation between CHF & GOLD (they move in the same pace) that's why watching the bigger picture the pair is in an uptrend, but in a couple of hours, there will be a decline in the price until the NFP report comes out.
First, we will short the pair to 1.0042.
2nd, we start buying from entry point 1.0042 with TP 1.0145 (risk-reward 1:3)
Good luck to all!
Nfpday
BITCOIN ANALYSIS: CHARTS PRICE ACTION w/ US NEWS AND ORDER FLOWWelcome back to another video, today's video is about analysing GBPUSD with fundamental and technical analysis using the monthly, weekly and daily timeframe to understand and see price movements for the next direction of prices (either downwards or upwards trend).
P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
Xauusd NFP tradeGold is rejected from local resistance and trading in some sell position.
As you can see in my chart gold is trading now in bullish chanel and chanel support is 1775,73 area if market come 1st at support then buy gold for 1810 target.
If market goes upside 1st before reaching support level then bulls have very hurdle path to break 1800 psychological resistance level ,then 1807 D1 T/F horizontal resistance and chanel resistance also there, then 1809,1812 strong supply area, so I think market must reject from there and target is our support level.
XAUUSDAfter price collapsed from 1813 towards 1832 now we look some stability in the gold market in 4h we see bullish rsi divergence with double bottom structure. Today NFP news also released so we see some bullish moves. Again gains are likely to be limited in the bear trend with minor resistance at yesterday's high of $1748/50 and strong resistance at $1765/70.
USDCHF I Pullback & Headed UpwardWelcome back! Here's an analysis of this pair!
**USDCHF - Listen to video!
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Sell uj for a lil retrace Apparently great come back for UJ today , which looks like an impulse , and we need retrace back till 129 level again and i do believe the rally is almost over , next week im hella sure we will see big YEN movement ,
Sell at 130.900 with proper risk and tight SL be 131.200
TP 129.000 and i believe this will be an intraday tmr with news then monday we will see bulls testing same level and failing it )
GOLD, XAUUSDXAUUSD, NFP News Trade Idea
The price is in a trading range between the levels of 1919 and 1935.5
Gold is accumulating energy for some much further movement.
First Gold can drop to support 1916-1917 if it breaks then
2nd Support 1889 after that next level 1862+-1853 this Range can be expected in 2 Weeks
GOLD NFP MOVEMENT AND FORECASTAs based on the recent Non-Farm Payroll data which came 678k which is 211K more then last month's data and around 271k more then forecast which make the economic condition of US strong as a result we can possibly see bullish trend in US dominated currency pairs although on the other hand the situation between Ukraine and Russian is getting worse which is giving a direct fuel to the prices of commodities like GOLD which can be seen always inverse from USD while these fundamental movements stretching out the market we can catch sight of consolidating movements with momentary spike in GOLD prices. As the technical Indicating strong Buy for GOLD however Fundamentals are opposing the same while following the nearest resistance of around 1949 and support of 1943.
XAUUSD ShortI am looking to short XAUUSD. Recall that this entry will be much needed for the next two weeks as XAUUSD will be melting. So close entry's at tp and leave a little position to run. We have NFP coming today in about two and a half hours. Here is a link to access the economic data release which is also known as fundamentals. www.investing.com
US30 Analysis-NFP DayToday is NFP day. We will see how the market reacts to the news
1.Price is currently in a range
2.If price breaks the lows of the candle, it can continue bearish until 34590
3.If price breaks the lows of the candle, it can continue bearish until 34590
NFT Trade USDCADI will be placing this order on USDCAD today, it seems logical to me.
Due to NFP, risk will be reduced dramatically.
This is my only trade of the day, good luck traders.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
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How To Trade NFP 🚨Lots of information can be gathered prior to the high impact news events.
Look for levels of interest, supply and demands, areas of liquidity etc.
The London session always gives clues to where the price is going. We tend to see a lure to trap buyers before the news kicks in and goes in the true direction.
Be mindful of this if you are trading NFP next month.
Afraid to trade NFP or High News Day?In this video I explain why you should not be afraid to get involved in the market on high impact news days and some tips to avoid losses. This is a review of EU PA on Wednesday and Friday. In-depth look at entries at the end.
Please excuse me saying GU in the video I am obviously reviewing EU also, I meant the BFI came back to the wick closing buy orders and opened more sell orders*. I just woke up and recorded this video so my brain is scrambled at bit.
Hope you still understood what I meant.
-Happy Trading
Prettychinkfx
GBPUSD LONG PENDINGGBPUSD needs to come down to clear the minor lows and also mitigate the FVG which is conveniently in the Fibonacci discount zone at 1.3250 then we can expect to BUY from there. With the help of fundamentals today we should see that aggressive 80 pip move to that bearish OB marked up there.
GBPUSD Scalping as far as I can see, The GBPUSD is going to visit the next support area on the daily time frame, and the pair will reach the support area BEFORE the NFP announcement, I belive it Will hit the TP within next 16 hours.
Entrey :-
Sell GBPUSD @ 1.34850
TP: 1.34280
SL : 1.35200 Trade carefully and Goodluck