EURUSD : Short Term Trading Strategy TodayToday, EURUSD is moving around the 1.081 level with a clear technical setup suggesting potential short-term scenarios. The chart highlights two main zones:
Resistance Zone (1.08242): Currently, EURUSD is near a resistance area, as shown in the red box. If the pair tests this level but fails to break above, a pullback is likely, potentially pushing prices lower.
Support Zone (1.07822): If the price dips, it may find support near 1.07822 (highlighted in blue). A bounce from this level could signal a recovery, allowing EURUSD to resume its upward trend. However, a break below would signal further downside risks.
Today’s key economic data, including U.S. Consumer Confidence and trade data, may impact this movement by influencing the USD’s strength. Traders should keep an eye on these levels as they navigate EURUSD’s short-term trends.
Signal
XAUUSD : The uptrend continues !Let's dive into today’s gold price trends!
As of early Tuesday trading, gold is in recovery mode, continuing its upward momentum. The precious metal is hovering around the $2,754 mark, showing resilience even as the USD attempts to regain its upward trend.
This week, all eyes are on a series of key U.S. economic reports that could provide further insights into the Federal Reserve's policy direction. The reports include private-sector employment data, core personal consumption expenditures (PCE), and the non-farm payroll numbers.
Market expectations suggest there's about a 95% chance the Fed will reduce rates by 25 basis points in November, which would be a supportive factor for gold’s strength.
In the short term, gold is nearing resistance at $2,757. Should it break through, we could see more gains, supported by the 34 and 89 EMA levels and current support lines. If resistance holds, however, gold may need to consolidate around nearby support levels to build further momentum.
Happy trading, everyone!
Buy Position (REWARD 9) opportunity on GOLD 1HOANDA:XAUUSD
As you can see
Gold is on a important level on weekly time frame.
Which could hit the last ATH and then rest for a few weeks/months.
So that now we can take a Buy Position on 1H time frame to the new ATH (Minor Extreme mentioned as EX.i).
Its Reward to Risk is about 9 to 1, But it's better to save some profits after Reward 2-3 and higher.
In other words, the more rewards we get, the less position size we should have.
Make Sure You Have a Good Partial Exit Plan.
"KEEP CALM & OBEY YOUR PLANS."
I will update Bitcoin regularly.
Happy trading..
Cheers,
Aurio
#Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC CRYPTOCAP:BTC
Gold might reach $3000 by the end of the yearAs you can see from the weekly chart, Gld already reached 2755 level and it is still mainting strong bullish momentum giving a high probability to reach all time high record by the end of the year. We should reach the 2800 level this week and then Gold might skyrocket to reach $3000 for the first time ever!
Keep a close eye on Gold!
EURUSD The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.0793
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0817
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
NATGAS The Target Is DOWN! SELL!
My dear followers,
I analysed this chart on NATGAS and concluded the following:
The market is trading on 2.525pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2.384
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBPAUD Trading Opportunity! SELL!
My dear subscribers,
My technical analysis for GBPAUD is below:
The price is coiling around a solid key level - 1.9684
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.9541
My Stop Loss - 1.9755
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EURAUD: Bearish Continuation & Short Signal
EURAUD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell EURAUD
Entry Level - 1.6393
Sl - 1.6458
Tp - 1.6260
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
AUDNZD What Next? BUY!
My dear friends,
Please, find my technical outlook for AUDNZD below:
The instrument tests an important psychological level 1.1017
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1035
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GOLD My Opinion! SELL!
My dear subscribers,
My technical analysis for GOLD is below:
The price is coiling around a solid key level - 2745.4
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 2736.2
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
USDJPY todayUSDJPY is currently trending upward, driven by several key factors:
Interest Rate Differential: The Federal Reserve’s higher interest rates make the USD more appealing to investors, especially as the Bank of Japan (BoJ) maintains near-zero rates. This rate difference is a fundamental reason for the yen’s weakness against the dollar.
Strong U.S. Economy: Robust economic data from the U.S., particularly in employment and growth, bolsters the dollar. In contrast, Japan’s slower growth adds further momentum to USDJPY’s upward movement.
Safe-Haven Demand: Geopolitical tensions have led investors to favor the USD over the yen as a safe-haven asset, pushing USDJPY higher.
These factors collectively support the bullish trend in USDJPY.
GBPJPY - Already Over-Bought!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPJPY has been bullish trading within the rising channel in blue.
Currently, GBPJPY is approaching the upper bound of the channel.
Moreover, the green zone is a strong supply and structure.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green supply and upper blue trendline.
📚 As per my trading style:
As #GBPJPY is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Gold Rebounds as Bulls Seek New Highs Amid Market ShiftsAt the start of the week, gold has quickly regained its upward momentum, aiming for new highs. Currently, the precious metal is trading around $2,731, with the bulls firmly in control of the market.
On Friday, gold saw an influx of buying interest, which slightly eroded the previous day’s gains as the USD weakened. This shift was supported by expectations of a less aggressive easing policy from the Federal Reserve.
Additionally, a generally positive tone in the stock market has somewhat dampened demand for this safe-haven asset. However, ongoing political uncertainty in the U.S. ahead of the November 5 presidential election, persistent geopolitical risks from ongoing conflicts in the Middle East, and further declines in U.S. Treasury yields are providing solid support for gold prices.
EURUSD Continues Strong DowntrendEURUSD remains firmly in a downtrend as critical technical factors and resistance levels signal persistent selling pressure. According to the chart, EURUSD is currently hovering around 1.07936 USD, with key resistance zones hindering any recovery attempts.
Technical Analysis
Strong Resistance at Fibonacci 0.5 - 0.618: The Fibonacci retracement levels at 1.08128 - 1.08068 USD form a crucial resistance zone. The price encountered heavy selling pressure here, unable to break through to the upside.
Downtrend Confirmed by EMA: The Exponential Moving Averages (EMA) indicate a bearish trend, with the price staying below these levels. This reinforces the dominance of selling pressure in the market.
Support Level at 1.07607 USD: Should the downtrend persist, EURUSD is likely to target the next support level at 1.07607 USD. This area may attract buying interest but is unlikely to reverse the overall trend.
Short-Term Forecast
Given the strong resistance and EMA signals, EURUSD is expected to continue its downward momentum. Traders might consider a selling strategy if the price faces resistance around the Fibonacci levels, with a take-profit target near the 1.07607 USD support.
EURNZD Set To Fall! SELL!
My dear friends,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 1.8055 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.7932
Recommended Stop Loss - 1.8125
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
GOLD Will Collapse! SELL!
My dear subscribers,
This is my opinion on the GOLD next move:
The instrument tests an important psychological level 2747.2
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2714.3
My Stop Loss - 2764.9
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
BTCUSD Buyers In Panic! SELL!
My dear friends,
BTCUSD looks like it will make a good move, and here are the details:
The market is trading on 67614 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 67240
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURJPY: Bearish Continuation & Short Trade
EURJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURJPY
Entry Point - 164.34
Stop Loss - 164.84
Take Profit - 163.37
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
AMZN Amazon Options Ahead of EarningsIf you haven`t bought AMAZN before the previous earnings:
Now analyzing the options chain and the chart patterns of AMZN Amazon prior to the earnings report this week,
I would consider purchasing the 190usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $11.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.