The US dollar fell significantly this past week, a stark contrast to the one prior. As is often the case at the start of any month, the NFP (Non-Farm Payrolls) was a chief talking point, which unfortunately went against the greenback. Meanwhile, the Japanese yen continues its losing streak despite favourable fundamentals. In our latest report, let's cover these...
OANDA:EURUSD Now for the Euro we are in a global sideways range We need to wait for a reaction from the key level marked with a red eye. Next, you can consider opening long-term positions in continuation of the trend. Otherwise, we will go to the 1.050 zone On a 15-minute timeframe, you can work locally long until the turbulence zone Also on the 4h...
GOLD BUY Side 2025-2021 Sl 2018-2017 TP 2040 GOLD SELL Side 2041-2045 Sl 2047-2049 TP 2025 Thank you 🤝 #chartanalysis #marketanalysis #technicalanalysis #trader #traderlifestyle #tradersadda360 #trading #us30 #us30 #us30forex
The USD this year has been nothing but bullish throughout. Fundamentally and technically which has lead stock, futures and commodities is certain strong directions which is fair to say has had a worldwide effect. Further technical are showing USD not to be slowing down anytime soon. USD/CAD long term prices could be found above 1.5000 and up towards 1.6000 in...
XAUUSD Analysis The possibility of GOLD to buy are slightly high, but we do have to look at the old low which can be used as an invalidation level as waves 1 and 2 are never equal. We could potentially see price rally we reached the 78.6 Fibonacci golden zone. And the recent down wave looks to be corrective than impulsive. EURGBP Analysis The upside is...
GBPUSD Price is trading sideways as a corrective pattern which is a contractive bearish Triangle. On the bigger degree we are in a wave 4 phase and looking to complete the wave 5 phase. We have to see the wave E complete before seeing the next drop. XAUUSD We have an impulse sequence unfolding on the bearish direction. Waves 1 and 4 not overlapped and we are...