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AUD/CAD Long, EUR/USD Short and EUR/NZD ShortAUD/CAD Long Minimum entry requirements: • Tap into area of value. • 1H impulse up above area of value. • If tight 5 min continuation follows, reduced risk entry on the break of it. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/NZD Short Minimum entry requirements: • Tap into area of value. • 1H impulse up above area of value. • If tight 5 min continuation follows, reduced risk entry on the break of it. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
by StewySongs
GBPUSD analysis week 36 🌐Fundamental Analysis The British Pound (GBP) extended its two-day losing streak and hit a fresh intraday low below 1.3150 against the US Dollar (USD) in the North American session on Friday. The GBP/USD pair failed to gain as the US Dollar strengthened following the release of weaker-than-expected US Personal Consumption Expenditures (PCE) Price Index data for July. The US Dollar Index (DXY), which tracks the value of the Greenback against six major currencies, surged above 101.50. The impact of PCE inflation data is traditionally high as it is the Federal Reserve’s preferred inflation measure for making interest rate decisions. This time, the impact of core inflation data is expected to remain limited to market speculation on the Fed’s rate cut path this year. Currently, financial market participants expect that the Fed will almost certainly start cutting interest rates in September. However, signs of rigidity in price pressures from PCE inflation data have reduced bets supporting the Fed to start a strong policy easing cycle. 📊Technical analysis As analyzed last week, GBPUSD has retreated when it reached a strong resistance zone. The retreat may continue next week to attract buyers to push the price up further. In fact, GBPUSD is in a strong uptrend. On the D1 time frame, the EMA 34 is sloping up sharply compared to the EMA 89, indicating that the market structure is leaning towards the upside, the retreat is only pushing the price up in the near future. The nearest trading range is around 1,300-1,327. These are two strong resistance and support zones and also the price range where investors can enter orders. With a perfect retracement it is possible to push the price to the old peak around 1.342 and the strongest retracement is supported at 1.284. Resistance: 1.327-1.342 Support: 1.300-1.284 🕯Trading Signals SELL GBPUSD zone 1.327-1.329 Stoploss 1.331 BUY GBPUSD zone 1.300-1.298 Stoploss 1.296
by TVS-Trader
Gold Analysis August 29Fundamental Analysis Gold prices recovered some of their losses on Thursday after bouncing off a weekly low below $2,500. Expectations of a U.S. interest rate cut could boost demand for gold as lower rates reduce the opportunity cost of holding non-yielding bullion. In addition, the current political uncertainty in the U.S., geopolitical tensions in the Middle East and global economic concerns have contributed to the rise in the precious metal. On the other hand, renewed demand for U.S. dollars could weigh on gold, which is priced in dollars, as it makes gold more expensive for most buyers. Investors will be closely watching Thursday’s second estimate of U.S. second-quarter (Q2) gross domestic product for more information on the size and pace of the Federal Reserve’s rate cuts. On Friday, the US Personal Consumption Expenditures (PCE) Price Index data for July will be in focus. Technical Analysis In the Swiss session, gold pushed to the 2416 zone when it failed to break the resistance level of 2521. Considering that the European session can push back above 2551, we can consider retest buy orders and keep the buy order if the 2421 zone is broken. If the European session cannot push above 2421, we can SELL to the 2511 zone and catch BUY again around 11-09 when the session fails to break this zone and keep the order until the end of the US session. In case of a break on 11-09, we wait for support zones to buy scalp such as 2503-2495 and buy strongly when the price reaches 2585. SELL zone 2527 - 2525 stoploss 2531 SELL zone 2548 - 2550 stoploss 2554 BUY zone 2510 - 2508 stoploss 2504 BUY zone 2485- 2483 stoploss 2480
OANDA:XAUUSD
by TVS-Trader
Gold analysis asian session august 29Gold structure in the Asian session on August 29. After bouncing from the support zone of 2495 as analyzed yesterday. Gold was strongly pushed back above yesterday's resistance zone of 2511. The 2511 zone unexpectedly became an important support zone of today's session and then the resistance level of 2518 became a trading price range for gold in the Asian session to the European session. With the strong pulling force here, it can be seen that gold is ready to create a new ATH today if gold does not have the pulling force to the 2485 area. Pay attention to trading in the 2818-2511 zone in the Asian session
OANDA:XAUUSD
by TVS-Trader
GBPJPY trading signals✍️DCA stands for Dollar Cost Averaging - which means averaging the price, simply put, it is when a trader buys an asset many times at different prices. ✍️This is a very popular strategy in finance and cryptocurrencies. The main purpose of the averaging strategy is to effectively minimize investment risks. And increase profits when the market is trending. 🤑🤑In the GBPJPY signal, we had a positive DCA when the price broke out of the DOW zone and the resistance zone at 190.700. The DCA point went in the right direction and brought great profits for the two signals.
by TVS-Trader
Gold Analysis August 28☘️Fundamental Analysis Gold prices lost steam amid a modest recovery in the US dollar (USD) on Wednesday. However, escalating geopolitical tensions in the Middle East could help limit losses. In addition, US Federal Reserve (Fed) Chairman Jerome Powell's speech at the Jackson Hole symposium last week, signaling that it was "time" to start cutting interest rates, could support the precious metal as it reduces the opportunity cost of holding non-interest-bearing assets. Investors will pay closer attention to speeches by Fed officials Christopher Waller and Raphael Bostic on Wednesday for some hints on the path of US interest rates. Attention will also turn to preliminary data on US annualised GDP for the second quarter (Q2) and the Personal Consumption Expenditures (PCE) price index, due on Thursday and Friday. Better-than-estimated results could lift the US Dollar (USD) and limit upside in USD-denominated Gold prices. ☘️Technical analysis Gold is retreating from the closing level of 2424, currently gold is approaching the important area of ​​2509. When breaking this area, lower areas can pay attention to trading in the European session around 2503-2495. Today, the main plan is to wait for buying to break ATH. On the contrary, if the price pushes to 09 and does not break, you can buy in the 09 area. If you cannot break this area in the European session, you can close the order. The candle closes above 2020 after the European session ends, consider finding a recovery point for DCA to buy the target to break ATH. Wish you a successful transaction. SELL scalp zone 2530 - 2532 stoploss 2536 SELL zone 2545 - 2547 stoploss 2551 BUY scalp zone 2496 - 2494 stoploss 2490 BUY zone 2485- 2483 stoploss 2480
OANDA:XAUUSD
by TVS-Trader
2
XAU is down slightly but still in bullish territoryGold prices surged after Federal Reserve Chairman Jerome Powell spoke. While buyers also are careful approximately how hawkish the Fed will be Caution and profit-taking strain can be elements that save you gold from persevering with to rise. However, many latest forecasts display that the medium and long-time period fashion of gold continues to be pretty bright. Demand for this commodity is forecast to growth. Major finances withinside the global also are growing their gold reserves According to technical analysis, gold charges nevertheless generally tend to growth strongly withinside the quick time period
OANDA:XAUUSD
by NicoTradingMaster
2
Gold Price Analysis August 27☘️Fundamental Analysis Gold prices traded in negative territory amid a modest recovery in the US dollar (USD) on Tuesday. However, signals from US Federal Reserve (Fed) Chairman Jerome Powell at Jackson Hole that the central bank will begin cutting interest rates are likely to support the precious metal. Lower interest rates are generally beneficial for gold as they reduce the opportunity cost of holding non-interest-bearing assets. Moreover, rising geopolitical tensions in the Middle East could further boost gold, a traditional safe-haven asset. The People’s Bank of China (PBOC) stopped buying gold in July, marking the third straight month of no purchases for its reserves. Traders will be watching August data for fresh impetus. Concerns about a slowing economy and demand for the precious metal in China could drag down gold prices as China is the world’s largest producer and consumer of gold. August Consumer Confidence Index and Price Index ☘️Technical Analysis: Gold is trading around the 2516 resistance zone and heading towards today's most important hook around 2525. When the price closes above 2516 when the European session ends, gold will head towards 2525 and make a new high when the US session begins. If gold is pushed lower than the 2509 zone when the European session begins, the price will soon be pushed to 2502 and this is a notable level before finding today's BUY zone around 2495. SELL zone 2525 - 25277 stoploss 2530 SELL price zone 2545 - 2547 stoploss 2551 BUY price zone 2496 - 2494 stoploss 2490 BUY price zone 2486- 2484 stoploss 2480
OANDA:XAUUSD
by TVS-Trader
GBPUSD analysis week 35Fundamental Analysis GBP/USD surged in North American trading after Federal Reserve Chairman Jerome Powell gave the green light to interest rate cuts, as he believes inflation is approaching the central bank's 2% target. The pair traded above 1.3200, at a fresh two-year high, up more than 1%. Bets on a 50bps rate cut opening in September have increased after Fed Chairman Jerome Powell, in his speech at the Jackson Hole Economic Conference on Friday, publicly admitted that it was finally time for the US central bank to start pushing down its benchmark interest rate. Next week, GBPUSD traders will want to keep an eye on the upcoming UK bank holiday on Monday. For the rest of the week, UK economic data releases remain limited, although the currency market will pay special attention to the upcoming US Gross Domestic Product (GDP) growth and Personal Consumption Expenditures (PCE) inflation figures due later next week. Technical Analysis: GBPUSD formed a strong uptrend at a two-year high following the latest Fed data. On the D1 timeframe, the EMA 34 is sloping up strongly against the EMA 89, suggesting that the market structure is tilted towards the upside with the nearest trading range around 1.328-1.314. With such a strong rally, the highest the pair can reach next week is around the resistance zone of 1.341. It is quite difficult to find a good SELL point when the market has not reacted to the price at the moment. Any pullback at this point is seen as a good time to buy rather than a trend reversal. The best BUY level is around 1.300 strong resistance zone which GBPUSD has broken through and now forms strong support zone when the pair price returns. Resistance: 1.328-1.342 Support: 1.314-1.300 Trading signals BUY GBPUSD zone 1.300-1.298 Stoploss 1.296 SELL GBPUSD zone 1.342-1.344 Stoploss 1.346
by TVS-Trader
Gold trading strategy August 22☘️Fundamental Analysis: Gold prices attracted some sellers during the Asian session on Thursday and slid closer to the psychological $2,500 mark, although they held above the overnight low. The US dollar (USD) gained some positive momentum and now appears to have broken a four-day losing streak, hitting a fresh yearly low on Wednesday. This, coupled with the underlying bullish sentiment across global financial markets, turned out to be a major factor undermining the safe-haven precious metal. That said, dovish expectations from the Federal Reserve (Fed) could limit the USD’s recovery and act as a bullish driver for Gold. Data released on Wednesday showed that US job growth over the year through March was weaker than initially estimated. Moreover, the minutes of the July FOMC meeting showed that some officials are leaning towards an immediate rate cut. This reaffirms bets for the imminent start of the Fed easing cycle in September, which would benefit the non-yielding yellow metal. ☘️Technical Analysis: Gold is trading in a range of 2495-2518. The consolidation zone that has been maintained throughout this week needs to be stronger for gold to break out of the price range. On the upside, gold will face immediate resistance around 2513 before reaching the important breakout zone of 2518. The all-time resistance around 2531 will be the last resistance before making a new ATH and heading towards higher hooks. If gold fails to break the resistance of 2513 and breaks the lower band of 2395, the important support zone around 2385 will be the key place to watch. The lowest level at the sell plan is 2376. Resistance: 2519 - 2527 - 2531 - 2540 - 2552 Support: 2500 - 2495 - 2488 - 2475 - 2470 SELL scalp price zone 2518 - 2520 stoploss 2523 SELL price zone 2550 - 2552 stoploss 2556 BUY price zone 2477 - 2375 stoploss 2471 BUY scalp price zone 2488 - 2386 stoploss 2482
OANDA:XAUUSD
by TVS-Trader
Gold (20/8) sets new ATH around 2520Fundamental Analysis Gold prices extended their bullish momentum with a new high just set around 2520. Traders now appear reluctant and want to wait for further signals on the Federal Reserve’s (Fed) interest rate cut roadmap before positioning for the next step of a directional move. Therefore, the focus will remain on the release of the July FOMC meeting minutes on Wednesday and Fed Chairman Jerome Powell’s speech at the Jackson Hole Symposium on Friday. The risk of further escalation of geopolitical tensions in the Middle East and the protracted war between Russia and Ukraine will continue to support XAU/USD. This, in turn, warrants some caution for bearish traders. Technical Analysis From a technical perspective, the price action within the range has broken out of the bullish consolidation phase, After breaking out around the $2,509-2,510 area to set a new ATH, gold is now stabilizing around 2,520. Our SELL entries are focused on the round port areas and the best Fibonacci resistance around 2,533 On the other hand, the horizontal resistance of $2,472-2,470 now looks to protect the immediate downside. Any further declines could attract new buyers and remain limited to the $2,448-2,446 area. Resistance 2533 2540 Support: 2494 - 2488 - 2481 - 2475 SELL price zone 2533 - 2535 stoploss 2539 BUY price zone 2477 - 2375 stoploss 2471
OANDA:XAUUSD
by TVS-Trader
8.18.2024 Weekly Pre-Market Analysis S&PThis is my Weekly Pre-Market Analysis on the S&P> Right now we are going to wait for market structure to form. We saw lower highs and higher lows form on Friday after the last bullish move up. So we do not have a clear direction as to which way if may head. We have a plan for a SHORT position as well as a plan for a LONG position. We just need to watch the LOWS & HIGHS form on the 15 minute chart, before we even think of getting into a trade.
CME_MINI:MES1!
by MoneyDuck_Butch