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EURUSD: Scenarios For Next Week Explained 🇪🇺🇺🇸 EURUSD is trading within a horizontal range on a daily. Depending on the FED interest rate decision on Wednesday, I see 2 potential scenarios. If the price breaks and closes below 1.063, I will expect a bearish trend continuation and a bearish movement to 1.054. Alternatively, a bullish breakout 1.0788 will trigger a bullish continuation to 1.081. The interest rate decision will most likely clarify the future direction of the market. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
10
Gold (XAUUSD): FED Interest Rate Decision Ahead 🟡 On Wednesday, we are expecting a FED interest rate decision. Gold will most likely will remain very calm until then. On a daily time frame, the price is currently trading within a horizontal range. Bullish news will trigger a breakout of its upper boundary. Daily candle close above will confirm a violation. A bullish continuation will be expected at least to 2006 level then. Alternatively, a bearish breakout of the support of the range and a daily candle close below will trigger a selloff. A bearish continuation will be expected to 1900. Smart money are already accumulating their positions. Watch the intraday price action around the release of the news for the clues. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
5
Gold (XAUUSD): Before The Market Closed... 🟡 Many of you asked me to share the update for Gold. One thing is certain: the market is in a deep consolidation: the market is trading in sideways on a daily, on a 4H time frame, we can spot a horizontal trading range, one more horizontal range is also spotted on an hourly time frame. That is what the absence of the news does with the market. For those looking to buy, I can only suggest waiting for a bullish breakout of 1976 - upper boundary of a 4H range. 4H candle close above will most likely push the market higher. If you want to short, watch 1960 support - lower boundary of hourly range. If the 1H candle closes below that, a local bearish movement will be expected. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
4
BITCOIN (BTCUSD): Bearish Fundamentals & Bearish Outlook ₿ Sellers have strongly reacted to the news about Binance CEO. If you missed, "SEC Sues Binance and CEO Zhao for Breaking Securities Rules". The market formed a high momentum bearish candle on a daily time frame, that violated a key horizontal demand cluster. The broken structure turned into a strong zone of supply. I will expect a bearish move from that at least to 24500. ❤️Please, support my work with like, thank you!❤️
COINBASE:BTCUSDShort
by VasilyTrader
5