Get started

Tradingforex

GBP/CHF Trade Recap, GBP/CHF Short and USD/SGD ShortGBP/CHF Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. USD/SGD Short Minimum entry requirements: • 1H impulse down below most recent low. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
NZD/CAD Short, GBP/CHF Short, USD/SGD Short and GBP/USD ShortNZD/CAD 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. GBP/CHF Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. USD/SGD Short Minimum entry requirements: • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/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.
Short
by StewySongs
Fed is the sustainability of current interest ratesIn his very last feedback earlier than the week of again-to-again Fed officers talking in advance of today`s meeting, Powell stated he predicted inflation to fall again on a month-to-month foundation to decrease ranges visible withinside the 2nd 1/2 of of the year. It's a first rate shift in messaging, in step with Ellen Zentner, leader US economist at Morgan Stanley. Fed officers frequently communicate approximately monitoring hobby prices over 12 months. Immediate intake goals had been additionally set at 2% annually. Economists realize that the once a year inflation charge might not make a good deal development this year. Because the amount of products at some point of the month will should be as compared with the amount of merchandise allotted withinside the 2nd 1/2 of of the year. So the once a year charge might not fall a good deal even though the month-to-month facts improves. Zentner stated Powell become signaling that the Fed could consider "sequential" improvements. Meyer stated this. “The Fed will need to peer that six-month prices are decrease than 12-month prices and three-month prices are decrease than six-month prices,” he stated in a note.
TVC:GOLD
by MrTrongVo
1
NZD/USD Short, GBP/CHF Short, AUD/NZD Short and GBP/USD ShortNZD/USD Short Minimum entry requirements: • Break above area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/CHF Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 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 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
Gold remains a safe havenGold-subsidized ETFs and comparable merchandise make up a giant part of the gold market, with institutional and character traders the use of them to enforce plenty of their funding strategies. Flows in ETFs regularly spotlight short- and long-time period perspectives in addition to the preference to preserve gold. The information in this web page tracks gold held in bodily shape with the aid of using open-cease ETFs and different merchandise including closed-cease price range and mutual price range. Most of the price range in this listing are subsidized totally with the aid of using bodily gold. Physically subsidized gold ETFs 1 noticed their first month-to-month inflows seeing that May closing year, amounting to $529 million 2 . Rising gold prices (+2%) and capital inflows driven gold ETF property beneathneath management (AUM) 2% better to $234 billion, the very best seeing that April 2022. And with gold ETF call for advanced in May, typical holdings extended once more to 3,088. t, however still -8.2% decrease than the 2023 average (3,363 tons). European and Asian price range have fueled worldwide capital flows. While May marked Asia`s fifteenth consecutive month-to-month capital influx, Europe recorded its first fantastic capital influx seeing that May closing year. Meanwhile, capital flows in North America grew to become negative, albeit handiest slightly.
OANDA:XAUUSD
by MrTrongVo
Gold soon regained its rising position (week 24 gold analysis)💥Gold reacted strongly at 2360 and could not overcome the old resistance level to break back to 2400. Gold has formed a double top pattern on the 4th hour frame. 💥After returning below 233x, important support levels 2317-2310 -2305 will be believed by investors to push gold prices back up. 💥The price is retracing relatively far from MA 34 and MA 89, so the downtrend can maintain for the first few days of the week before gold bounces back strongly at the end of next week. 💥When the gold price drops, we will BUY at the support points listed above. new stop loss of 50 pips for each signal. possible profit level according to RR11 ratio. When the price reaches the 2310 or 2301 area, we can consider making long-term BUY signals. 💥If you check back at the levels we have shared weekly over time, you can see how effectively they are used to trade with or against short/medium term fluctuations and trends . Resistance 2360-2400 Support 2317-2310-2305
OANDA:XAUUSD
by TVS-Trader
1
GBPUSD analysis week 24📌GBP/USD eases from 1.2765, keeping gains modest. GBP/USD hit a two-day peat at 1.2765 during the US session, as US data showed core PCE inflation held steady at 2.8% yoy in the month Private. The pair retreated later as risk aversion triggered demand for the US Dollar. 📌The possibility of the FED cutting interest rates in September is quite low. As the Fed has said they want to see inflation fall for months before considering a move to normalize policy, higher-than-expected inflation would significantly impact markets. FED interest rate cut will be delayed until November. If this index is lower, it will boost the prospect of FED lowering interest rates in September 📌The pair is trading within the border of the uptrend line and is strongly boosted by the EMA 34 and EMA 89 to extend the upward price momentum. The narrow price range of 1,280 and 1,268 that has been maintained continuously for the past two weeks could completely be broken in the next week with further resistance and support levels at 1,288 above and vice versa at 1,265 below. 🕯Trading signals SELL zone 1.28800-1.29000 SL 1.29300 BUY zone 1.26500-1.26300 SL 1.26000
by TVS-Trader
Maintain wide trading margins for a long timeGold continued to fall and traded below $2,330 on Tuesday, erasing most of Monday's gains in the process. Renewed US dollar strength drags XAU/USD lower as markets take a cautious stance ahead of US data. The $2,360 area (Friday's high) acted as a barrier for gold and caused gold to fall sharply as the strength of the PMI news was not enough to break this resistance. Gold has difficulty escaping the trendline that has lasted for nearly two weeks. Gold will soon be pushed up by the 2315 -2310 or 2305 support zones and continue to wait for ADP data or even wait until Friday when nonfarm is announced by breaking out of this wide accumulation zone. Price zones need attention to have an effective trading strategy Support: 2320 -2305 Resistance 2360-2348
OANDA:XAUUSD
by TVS-Trader
NZD/CAD Short, NZD/CHF Short, GBP/CHF Short and SUGAR/USD ShortNZD/CAD Short Minimum entry requirements: • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. NZD/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. GBP/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. SUGAR/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
OANDA:SUGARUSDShort
by StewySongs
Gold Price Forecast: Holds 50-Day MA Support Amid Downtrend Gold holds assist across the 50-Day MA for the fourth day in a row on Tuesday. It stays sandwiched among resistance across the crimson 20-Day MA and the 50-Day line for assist. Although gold has dipped under the 50-Day line intraday withinside the ultimate days, it has ended the classes at or above the 50-Day line. Watch wherein it ends nowadays to peer if there's a alternate withinside the latest final pattern. If the day by day near is decrease relative to the 50-Day line than what has been visible to date, it is able to be signaling similarly weak spot earlier than the retracement is complete. Nevertheless, the weekly chart is taking a extra bearish tone. This week brought about a 3rd consecutive decrease weekly low. The week`s low of 2,315 is decrease than ultimate week`s low of 2,321, that is decrease than the previous week`s low of 2,325. In addition, this week and ultimate week`s highs are every decrease than the previous week. In different words, there's a sequence of decrease weekly highs and decrease weekly lows set up at the weekly chart, which defines a downtrend. That will begin to alternate if this week`s excessive receives above ultimate week`s excessive of 2,364 earlier than the cease of this week.
OANDA:XAUUSDShort
by MrTrongVo
NZD/CAD Short, NZD/CHF Short and SUGAR/USD ShortNZD/CAD Short Minimum entry requirements: • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. NZD/CHF Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. SUGAR/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
OANDA:SUGARUSDShort
by StewySongs
GBP/CAD Long, AUD/NZD Short, USD/CHF Short and GBP/AUD LongGBP/CAD Long Minimum entry requirements: • Break below area of value. • 1H impulse up above area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • If 2 touch 15 min continuation, 5 min risk entry within it. USD/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. GBP/AUD Long Minimum entry requirements: • Tap into area of value. • 1H impulse up above area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
by StewySongs
GOLD 4H CHART ROUTE MAP & TRADING PLANS FOR THE WEEK AHEADHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2339 resistance and 2313 is the weighted support for this range. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2339 to open the range above or a rejection will follow to find support in the retracement range. A cross and lock below 2313 will open the swing range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGETS 2339 EMA5 CROSS AND LOCK ABOVE 2339 WILL OPEN THE FOLLOWING BULLISH TARGET 2360 EMA5 CROSS AND LOCK ABOVE 2360 WILL OPEN THE FOLLOWING BULLISH TARGET 2389 BEARISH TARGETS 2313 EMA5 CROSS AND LOCK BELOW 2313 WILL OPEN THE FOLLOWING SWING RANGE SWING RANGE 2290 - 2275 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
2
Gold price decreases temporarily or long term💥Gold prices extended their decline on Wednesday. The yellow metal's potential for further upside may be limited as the FOMC minutes are understood to be significantly more hawkish than previous releases. 💥The future direction of gold may depend on the results of the FOMC Minutes. Technical indicators in the daily chart suggest an extension of the ongoing correction, as indicators retreat sharply from indexes near overbought levels, maintaining a solid bearish slope at positive levels. pole. The potential downside target and key support zone is around $2,338, where the pair has its lowest level in the last three weeks. Meanwhile, the EMA 34 and EMA 89 are showing a downward slope in the h2 time frame, and the price is trading below the two EMA lines, showing that the downtrend will last at least until next week. 💥PLAN trading May 23 Support: 2352 - 2337 - 2321 Resistance: 2383 - 2400 - 2413 SELL price range 2380 - 2382 stop 2385 BUY price range 2338 - 2336 stop 2333
OANDA:XAUUSD
by TVS-Trader
USD/CHF Long, SUGAR/USD Short, EUR/AUD Short and GBP/AUD LongUSD/CHF Long Minimum entry requirements: • 1H impulse up above area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. SUGAR/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/AUD 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. GBP/AUD Long Minimum entry requirements: • 1H impulse up above area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
by StewySongs
AUD/USD Long, SUGAR/USD Short and EUR/USD LongAUD/USD Long Minimum entry requirements: • Tap into area of value. • 1H impulse up above area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. SUGAR/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Long Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
by StewySongs
EURUSD price analysis week 22📌After the surprise data on US services PMI skyrocketed, there was concern that the FED would cut interest rates less than expected. This caused investors to rush into the USD and pushed the Euro down despite the EUR PMI data. better than previously announced expectations. 📌EUR/USD recovers to 1.0850 as risk mood improvesEUR/USD gains traction and rises to 1.0850 on Friday. The improvement seen in the risk mood made it difficult for the US Dollar (USD) to maintain its strength and helped the pair erase some of its weekly losses. 📌EURUSD does not break the EMA 89 and continues to maintain its long-term uptrend. After bouncing up to 1.0850 EUR, it created a new, more stable and solid trendline. This 1.0850 area is currently a resistance area saved by the trendline and the old peak in the h4 time frame, so there is a high possibility that the pair will have a slight recovery. The highest increase that the pair can achieve next week is around the price range of 1.0930 after breaking the peak around 1.0890. On the opposite side, if the rising trendline is broken, the next support level is around 1.0770, at which point a short-term downtrend will begin to form if this support is broken. 🕯Trading signals BUY EURUSD zone 1.07700-1.07500 SL 1.07200 SELL EURUSD zone 1.09300-1.09500 SL 1.09800
by TVS-Trader
USD/JPY: Ride this Third wave Decline.The decline from 160.24 high subdivides into five waves. This move is significant as it identifies the dominant trend as down. The technical name for this pattern is a leading diagonal. The subsequent three-wave price action unfolding in USD/JPY supports this bearish conviction. Countertrend price action commonly subdivides into a three. It is often slow, choppy and typically contained within a parallel channel. The technical name for this rally is a Zigzag pullback. As illustrated earlier in my education ideas, in zigzag formations, the upper boundary of a parallel channel often projects the end of wave C with dramatic precision. Moreover at 158.52, wave C would equal the length of wave A which is a common Fibonacci relationship in zigzag formations. It is also the case that when a leading diagonal occurs in wave (1) position of an impulse, it is sharply retraced by a zigzag correction with 61.8% and 78.6% levels common targets. Although not shown,the 78.6% retracement level corresponds to the upper boundary of the trend channel and wave C equality target. So in anticipation of wave (3) decline; a trader's bread and butter, the recommendation is to short at or near the 61.8% retracement level. The Protective Stop will be placed at 160.24; the origin of this decline. Why? Wave (2) of an impulse can NOT retrace more than 100% of wave (1). The target for this trade is a drop of at least 13.58 as in (160.24 - 151.83) X 1.618. Why? As a guideline, wave (3) of an impulse often extends and commonly travels 1.618 times the length of the (1). A Risk: Reward of 1:3 Working with 153.60 as our key level. A break below this level would hint that wave (2) is over and wave (3) to the downside is underway. Have a profitable trading week!
Short
by Aquanet_Market_Forecast