NZD/CHF Long, EUR/AUD Short and EUR/NZD ShortNZD/CHF Long
Minimum entry requirements:
• 1H impulse up above area of inflection.
• 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/AUD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• 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/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• 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.
Tradingforex
Gold Price Analysis October 29Fundamental Analysis
Gold prices gained some positive momentum and rose to the $2,757-$2,758 region during the Asian session on Tuesday, returning close to the record highs hit last week. Persistent safe-haven demand stemming from tensions in the Middle East and concerns over the US election turned out to be the main factors acting as a boost for the precious metal. Moreover, falling US Treasury yields kept US Dollar (USD) bulls on the defensive below the highest since July 30 touched on Monday, also supporting the commodity.
That said, bets for a less aggressive Federal Reserve (Fed) easing policy, coupled with concerns over deficit spending after the US election, should limit the downside in US bond yields and the USD. In addition, the underlying bullish tone in the global equity markets is keeping a lid on Gold prices. Investors also seem reluctant ahead of the key US macro releases this week - including the Q3 Advance GDP print, Personal Consumption Expenditures (PCE) Price Index and Non-Farm Payrolls (NFP) report.
Technical Analysis
Gold has almost reached the ATH zone today. A break of 2757 will see a price of 2770 soon. With the possibility that when the European session starts, if the price fails to break the upper band, it can push further to lower zones. 2742 is the first buy zone in the sclalping zone but it will not have as much value as the session port zone around 2725. Pay attention to the price zones to have favorable trading strategies.
Gold Analysis October 25Fundamental analysis
Gold prices remained close to the lows of their daily ranges in the first half of the European session, pressured by a combination of factors. For now, the US dollar (USD) appears to have halted its downward correction from a near three-month high hit on Thursday amid bets that the Federal Reserve (Fed) will cut interest rates less. This, coupled with generally positive risk sentiment, is seen as undermining the safe-haven precious metal.
That said, a further decline in US Treasury yields is keeping USD bulls from placing aggressive bets. Additionally, US political uncertainty ahead of the November 5 presidential election and further escalation of tensions in the Middle East could provide some support to Gold prices. Traders are now looking forward to US macro data - Durable Goods Orders and Revised Michigan Consumer Sentiment Index for short-term opportunities.
Technical Analysis
Gold broke the bullish structure of the Asian session and fell sharply in the European session with the break of the important support zone 2720. Gold is heading towards 2710 and 2700. Pay attention to the price reaction of this zone for long-term BUY strategy. SELL signals have been set with profit levels as analyzed. Wish you a successful trading day
Gold price analysis October 24Fundamental Analysis
Gold prices fell sharply from an all-time high of $2,758 on Wednesday as US Treasury yields rose, while the greenback hit a two-month high, according to the US Dollar Index (DXY).
Risk appetite has deteriorated, prompting a flight to safe-haven currencies, but not assets such as the yellow metal. The yield on the US 10-year Treasury note has risen more than 65 basis points (bps) since the Federal Reserve cut interest rates by 50 basis points (bps) on September 18, amid concerns that a Trump presidency could spark inflation.
Investors appear to believe that former President Donald Trump could defeat Vice President Kamala Harris, as most betting sites have indicated. As we approach the US election on November 5, investors are looking for shelter from that possibility. Investors are somewhat concerned that Trump's deficit spending, use of tariffs and large illegal immigrant deportation program could cause a new wave of inflation.
Technical analysis
Gold is recovering near the important price reaction zone of 2736-2738. When gold breaks this important zone, it will find the breakout zone of 2750. In case the European session gold fails to break this price zone and falls back, our target is to give a SELL signal around 2724 followed by the bottom zone of 2708 and the most important zone of today is 2700, the critical zone of the EMA. Wish you a successful trading day.
Gold Rebound Strategy: Capitalizing on RBS and Bullish EngulfingTrade Idea Based on Technical Analysis:
Chart Analysis:
1. Horizontal Line of Resistance Become Support (RBS):
• The horizontal red line at 2,741.90 indicates a significant level where previous resistance has now become support. This RBS zone suggests a potential area where buyers might re-enter the market, providing a solid opportunity to go long if the price pulls back to this level.
2. Horizontal Line of Resistance/Support:
• The price faces resistance around 2,748.94. This level has acted as a ceiling for price movements, where sellers are likely to enter. If price breaks this level, it may indicate further bullish movement, but it currently holds as a short-term resistance level.
3. Bullish Engulfing Zone (Yellow Box):
• The yellow box marks a crucial bullish engulfing pattern zone between 2,737.64 and 2,740.53. This pattern indicates a strong buying momentum as the price reversed from a previous sell-off. This zone serves as a high-probability entry point for buyers.
Trade Setup:
• Entry Point: Look for a buy entry around the RBS level (2,741.90) or within the yellow bullish engulfing zone (2,737.64 - 2,740.53). If the price retraces into this area and shows bullish confirmation (such as a bounce or candlestick pattern), it’s a good opportunity to go long.
• Target Price: The first profit target should be around the resistance level at 2,748.94. For a more aggressive approach, you can target 2,750.00, as round numbers tend to act as psychological resistance.
• Stop Loss: Set your stop loss just below the engulfing zone, around 2,730.46. If the price breaks below this level, the bullish setup would be invalidated.
Why I think this trade idea give chances:
• The RBS level offers a strong area for a bounce, and the bullish engulfing zone indicates a reversal where buyers have taken control. These combined factors suggest the market has bullish potential, especially if price retraces to these levels.
• The resistance level at 2,748.94 provides a clear exit point for taking profit, and the stop loss below the engulfing zone minimizes risk if the price goes against the trade.
By waiting for price action confirmation around these key levels, this trade idea presents a well-structured and risk-managed opportunity for going long in the current market setup.
Asian session gold trading marginHello traders. 2605-2623 becomes the first border zone of the port. These are two important session port zones. When the price comes, we can trade and consider exiting the order before CPI. Besides, the price zone 15-17 is also paying attention to scalping. Wish everyone a successful transaction.
EUR/JPY Short, GBP/NZD Short and USD/CHF ShortEUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• 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.
GBP/NZD Short
Minimum entry requirements:
• 4H risk entry.
or
• 1H impulse down below 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.
USD/CHF Short
Minimum entry requirements:
• 1H impulse down.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Gold price analysis on 2nd of MayFundamental Analysis
According to the Institute for Supply Management (ISM), risk-off sentiment was the main reason why investors shifted their attention from better-than-expected US employment data to stable business activity in the manufacturing sector.
News reports revealed that Iran attacked Israel. According to ABC sources, Iran will launch 240-250 missiles at Israel. Meanwhile, Israel revealed that its air force will continue to attack targets in Lebanon, while US National Security Advisor Sullivan said, "There will be serious consequences for this attack."
Technical Analysis
Gold broke the trendline and was pushed back to the uptrend, exiting the downtrend channel and facing an important resistance level of 2673. When the price breaks the 2673 zone, it will form a strong uptrend channel and head towards 2700. The pullback to 2643 is considered an opportunity to buy at the present time, let's wait for the price reaction and trade together.
Trading signals
BUY GOLD 2643-2641 Stoploss 2538
SELL GOLD 2672-2674 Stoploss 2677
SELL GOLD 2684-2686 Stoploss 2688
SELL GOLD 2699-2700 Stoploss 2704
NZD/JPY Short, AUD/JPY Short and CAD/CHF ShortNZD/JPY 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.
AUD/JPY 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.
CAD/CHF 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.
CAD/JPY Short and CHF/JPY ShortCAD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of inflection.
• 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.
CHF/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of inflection.
• 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.
CAD/JPY Short and CHF/JPY ShortCAD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below 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.
CHF/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below 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.
USD/CAD Short, NATGAS/USD Short and GBP/NZD LongUSD/CAD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below 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.
NATGAS/USD Short
Minimum entry requirements:
• 1H impulse down below 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.
GBP/NZD Long
Minimum entry requirements:
• 1H impulse up above area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Gold hits all-time high every day?Gold touched a file excessive in advance of US facts that`s predicted to offer clues on whether or not the Federal Reserve`s 50-basis-factor fee discount ultimate week could be the primary in a chain of competitive cuts.
Bullion rose as a lot as 0.2% to hit $2,625.89 an ounce, beating the preceding all-time excessive published Friday. Traders are weighing the outlook for charges in advance of a batch of essential financial facts — which include the United States private intake prices gauge and jobless claims — due later withinside the week.
Fed Governor Christopher Waller stated on Friday he`d possibly returned quarter-factor cuts at every of the following critical financial institution coverage conferences in November and December, need to the financial system evolve as he expects. Still, he stated any other half-percentage-factor reduce may want to eventuate if the process marketplace weakens.
Gold investors have been additionally tracking escalating tensions withinside the Middle East, on worries combating among Hezbollah and Israel may want to expand into a much wider nearby conflict. That could possibly bolster the metal`s haven status.
💎 OANDA:XAUUSD Buy 2559 - 2561💎
✔️TP1: 2570
✔️TP2: 2590
✔️TP3: OPEN
🚫SL: 2550
➖➖➖➖➖➖➖➖
💎 OANDA:XAUUSD Sell 2630 - 2632💎
✔️TP1: 2620
✔️TP2: 2610
✔️TP3: OPEN
🚫SL: 2640
GBPUSD week 39 analysisFundamental Analysis
The Bank of England (BoE) announced on Thursday that it kept its policy interest rates unchanged following its September meeting, as expected. In a hawkish surprise, only one policymaker voted in favor of a 25 basis point rate cut. Speaking later in the day, BoE Governor Andrew Bailey said he was optimistic that UK interest rates would fall but added that they needed to see more evidence of remaining inflationary pressures waning. Although GBP/USD fell slightly following the BoE’s announcement, it closed in positive territory on Friday.
Fresh selling pressure around the US Dollar (USD) and upbeat UK data helped GBP/USD edge higher early Friday. Investors may overlook overbought conditions and allow the pair to move higher if risk-on flows continue to dominate financial markets heading into the weekend.
Technical Analysis
GBPUSD is rising at a two-year high around 1.332. The bullish momentum is likely to continue next week towards the resistance level of 1.342. The support zone of 1.327 forms a narrow price range where the pair will trade next week. When these two bands break, the levels to watch are 1.349 and 1.322. In terms of scenario, there is a high probability of a slight pullback to the support zone and the continuation of the uptrend in line with the main market trend.
Trading Signals
SELL GBPUSD zone 1.341-1.343 Stoploss 1.345
BUY GBPUSD zone 1.324-1.322 Stoploss 1.320
Investors are worried that the Fed only reduced it by 25 pointsWorld gold charges became down with spot gold down thirteen USD to 2,570 USD/ounce. Gold futures closing traded at $2,596.30 an oz, down $12.60 from the brilliant spot.
Pressured with the aid of using a rebound withinside the greenback and a moderate upward thrust in Treasury bonds, the yellow metallic misplaced 0.5% after conquering an all-time excessive of $2,589.50 an oz early withinside the day. week. Currently, buyers are nevertheless awaiting facts on whether or not the United States Federal Reserve (Fed) could have a coverage pivot at this assembly as expected.
After a chain of membership facts, monetary markets are forecasting a more potent Fed in its first hobby price reduce for the reason that 2020. According to the CME FedWatch tool, the marketplace is already assured withinside the opportunity of a tapping fundamental foreign money with a 63% mission discount might be 50 foundation points.
💎 OANDA:XAUUSD Buy 2558 - 2556💎
✔️TP1: 2570
✔️TP2: 2580
✔️TP3: OPEN
🚫SL: 2548
💎 OANDA:XAUUSD Sell 2585 - 2587💎
✔️TP1: 2570
✔️TP2: 2560
✔️TP3: OPEN
🚫SL: 2595
AUD/JPY Short, AUD/NZD Short and NATGAS/USD ShortAUD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below 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.
AUD/NZD Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of interest.
• 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.
NATGAS/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• 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.
CAD/CHF Trade, NATGAS Short, A/N Short, G/U Long and E/U LongNATGAS/USD Short
Minimum entry requirements:
• If tight 1H continuation forms, 15 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• 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.
GBP/USD Long
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
EUR/USD Long
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
Gold prices are more unpredictable than everThe first week of September culminated in the US jobs report for August. Non-farm payrolls for the US economy increased by 142,000 jobs, up from 114,000 in July, although weaker than the market median estimate of 160,000 (Reuters). US Treasury yields and the US dollar (USD) fell on the news; markets also priced in a 120 basis point cut by the end of the year and nearly 40 basis points for this month's meeting.
Average hourly earnings also rose sharply in August, up +0.4% (MoM), improving on the market period (+0.3%) and the +0.2% increase from the previous release in July. YoY, average hourly earnings rose +3.8% YoY in August, also improving on both the favorable data (+3.7%) and the previous data (+3.6%).
With the economy now balanced and on track to grow at 2%, it is now time to ease the policy setting regime by reducing the target range for the federal funds rate,' he said, but did not comment on whether he would support a 25 or 50 basis point cut.
NZD/CHF Long and EUR/NZD ShortNZD/CHF Long
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of interest.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/CHF Long Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• 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.
AUD/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.