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Trendcontinuation

Long on USDJPYThis week, I'm maintaining my bullish sentiment on USDJPY, and here's my trade plan: 1. Support Retest at 148.53: I'm looking for a buying opportunity if the market retests the support level at 148.53. This level has shown previous support and could act as a launching pad for further upward movement. 2. Bullish Trendline Retest: Alternatively, I'll keep an eye on the bullish trendline. If the market retraces and retests this trendline, I'll consider it as another potential buying opportunity. By patiently waiting for these retest levels, I aim to enter long positions on USDJPY and ride the potential bullish momentum. What are your thoughts on USDJPY this week? Feel free to share your trade plans and insights below! Wishing everyone successful trading ahead! Best regards.
Long
by RaynLim
Long on GBPUSDThis week, I'm feeling bullish on GBPUSD, and here's why: 1. Weaker Bullish Trend on Daily Chart: Although the bullish trend on the daily chart is weaker, the recent violation of previous resistance suggests potential upward momentum. 2. RSI Divergence on 1-hourly Chart: The presence of RSI Divergence on the 1-hourly chart indicates a possible reversal or continuation of the bullish trend. Given these factors, I'm patiently waiting for a buying opportunity at 1.2730, where I'll enter a long position on GBPUSD. What are your thoughts on GBPUSD this week? Share your trade plans and insights below! Wishing everyone profitable trades ahead! Happy Trading!
Long
by RaynLim
GBPUSD | Perspective for the new week | Follow-upThe Pound Sterling (GBP) gains strength as market sentiment improves, driven by a growing appetite for risk-sensitive assets. This sentiment is reinforced by soft wage growth and a sharp rise in the Unemployment Rate reported by the United States Bureau of Labor Statistics (BLS) for February. The outlook for the GBP/USD pair remains positive, with widespread expectations that the Federal Reserve (Fed) will cut interest rates before the Bank of England (BoE), potentially narrowing the policy gap between them for the foreseeable future. While investors anticipate a Fed rate cut in June, the BoE is seen likely to follow suit from August onward. Despite inflation in the UK remaining higher than other developed countries in the Group of Seven (G-7) nations, driven by robust wage growth, market volatility is anticipated, particularly as expectations for a June rate cut decision by the Fed solidify, following Fed Chair Jerome Powell's less hawkish tone in his recent congressional testimony. GBPUSD Technical Analysis: Will the pound continue its trajectory and sustain its momentum above the $1.28000 zone? The spotlight is on high-impact economic events from the US docket for clues. Brace yourselves as the anticipation and the actual events may trigger sharp price movements that could present incredible trading opportunities. In this video, we've analyzed the daily and 4-hour timeframes, exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure. We are keeping a close eye on the potential range between $1.28000 and $1.28900 where a breakdown or breakdown could incite the next BIG move. It's a decisive structure where both sellers and buyers will be vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days. Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
by darcsherry
Counter-Trend Trade on NZDUSDThis week, while many counter-trend traders might be eyeing a short on NZDUSD due to a potential setup on the 4-hourly chart, I'm taking a different approach. Why I'm Bullish: 1. The market retested the previous resistance without creating an RSI Divergence, which raises concerns for a strong bearish move. 2. I'm looking for a buying opportunity at 0.6153. Share your thoughts and trade plans for NZDUSD. What's your approach this week? Let's keep the conversation going!
Long
by RaynLim
1
Bullish Bias with Buying Opportunity on RetestGBPUSD is on my radar, and here's my outlook: 1. Bullish Bias: - I have a bullish outlook on GBPUSD. - The Friday close indicates a potential bullish movement. 2. Buying Opportunity at 1.2819: - I'll be patiently waiting for the market to retest 1.2819. - Preferably, a double bottom formation with RSI Divergence would be ideal for a buying opportunity. Share your thoughts and trade plans for GBPUSD in the comments below. Let's exchange ideas and insights!
Long
by RaynLim
BTC BREAKDOWN SHOW ON LOW TIME FRAMEBTC seems to have on low time frame and a breakdown trend confirmation. We will follow up to see if BTC is going to show some recovery trend on a daily low time frame. This update is only a day trend and can change with time when there are new confirmations. The weekend can have low volume, and from Sunday late there can be higher volume with the expected price action of start a new weekly chart. Monday the volume could increase more with starting the markets.
Short
by SatochiTrader
4
GBPUSD | Perspective for the new week | Follow-upOn Friday, GBP/USD saw a modest rebound post-testing 1.2600. The US Dollar is struggling to maintain its strength following the release of weaker-than-expected ISM Manufacturing PMI data from the US. February's US ISM Manufacturing PMI dropped to 47.8, contrary to the anticipated rise to 49.5 from the previous month's 49.1. The diminishing PMI sentiment is fueling expectations for potential rate cuts by the Fed. These expectations are further reinforced by the Fed's recent Monetary Policy Report, where they reiterated their belief that inflation is gradually moving towards the upper end of the 2% target band. While economic data from the UK remains scarce this week and the next, focus will shift to the US labor data next week. The upcoming week will feature the Services component of the ISM PMI figures on Tuesday, a preview of the ADP Employment Change for February on Wednesday, and will culminate with the release of the US Nonfarm Payrolls (NFP) report at the end of the week. GBPUSD Technical Analysis: Will the pound continue its trajectory and sustain its momentum above the $1.26700 zone? The spotlight is on high-impact economic events from the US docket for clues. Brace yourselves as the anticipation and the actual events may trigger sharp price movements that could present incredible trading opportunities. In this video, we've analyzed the 4-hour timeframes, exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure. We are keeping a close eye on the potential range between $1.26000 and $1.27000 where a breakdown or breakdown could incite the next BIG move. It's a decisive structure where both sellers and buyers will be vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days. Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
by darcsherry
1
DASHUSDT most likely is going to continue to go upDASHUSDT most likely is going to continue to go up. There are 2 resistances in front of the price which I mentioned below. 🔵Entry Zone 28.96 - 28.21 🔴SL 26.78 🟢TP1 32.12 🟢TP2 34.59 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
ENJ after the pullback can continue the uptrend ENJ after the pullback can continue the uptrend. It might get rejected from 0.3200 and continue to go up. 🔵Entry Zone 0.3086 - 0.3201 🔴SL 0.2902 🟢TP1 0.3455 🟢TP2 0.3709 🟢TP3 0.3975 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
GAL has been making HH and HL after breaking above 2.300GAL has formed a Bullish pattern, It has been making HH and HL after breaking above 2.300, it most likely will continue the trend . Entry Zone 2.490 - 2.599 SL 2.289 TP1 2.759 TP2 3.668 TP3 4.094 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
GLong
by JosephMcKenzie
2
XAU/USD | GOLDSPOT | New perspective | follow-up detailsGold prices take a nosedive as a buoyant US Nonfarm Payrolls (NFP) report throws a shadow of uncertainty over expectations for a Fed rate cut in May. The United States Bureau of Labor Statistics (BLS) recently released robust NFP data for January, revealing a surge in employment with 353K new hires, surpassing the consensus forecast of 180K and the 216K payrolls added in December. Despite market anticipation for a slight increase, the Unemployment Rate remained steady at 3.7%. Adding to the market's jitters, Average Hourly Earnings exhibited a robust growth rate, surpassing expectations. The persistent strength in the inflation outlook has raised concerns among investors. The positive momentum in the labor market is anticipated to shift Federal Reserve (Fed) policymakers towards a more conservative stance, potentially leading to the extension of higher interest rates. In the recent monetary policy statement, Fed Chair Jerome Powell emphasized the need for policymakers to gain greater confidence in the sustained return of inflation to the 2% target. This, coupled with the upbeat labor market data, has created an atmosphere of uncertainty, prompting a significant impact on gold prices. XAUUSD Technical Overview: In this video, we conducted a comprehensive analysis of the XAUUSD chart, utilizing both technical and fundamental perspectives. Our examination included an in-depth study of key levels, historical price movements, market behaviors, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities. Our focal point for the week is the $2,035 zone, endowed with historical significance, rendering it a pivotal level. The sustainability of bullish momentum above this zone could pave the way for continued buying pressure, potentially propelling prices to new highs. Conversely, a breach below the $2,035 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment. Immerse yourself in the latest dynamics of the Gold market! Stay well-informed to make strategic investment decisions. #GoldMarket #SafeHavenAssets 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
1
Trend Trading Strategy - Trend Continuation Master the Market Rhythm: Trend Continuation Strategy with Fibonacci Precision Ready to ride the market waves with confidence? This video unlocks the secrets of a powerful trend continuation strategy, designed to capture momentum and maximize gains. Here's what you'll discover: * Identifying the Trend: Learn to spot bullish (higher highs, higher lows) and bearish (lower highs, lower lows) trends like a seasoned pro. * Support & Resistance: Leverage key price levels where the market reverses, creating exploitable entry points. * Timeframe Harmony: Start from the bigger picture and zoom in, pinpointing the ideal entry zone on lower timeframes. * Fibonacci: Harness the power of the 61.8% retracement to identify high-probability trade zones within the trend's ebb and flow.
Education
by fxtraderanthony
GBPUSD | Perspective for the new week | Follow-upThe Pound Sterling (GBP) has surged against the US Dollar even in the face of all components of the United States Nonfarm Payrolls data for December surpassing expectations, indicating improved market risk appetite. However, the GBP's strong position may not last as investors anticipate tough decisions for Bank of England (BoE) policymakers, who are facing recession risks and high inflation. The UK economy is at risk of entering a technical recession, with a contraction in the third quarter and a projected stagnant performance in the final quarter. The manufacturing sector is also struggling due to high interest rates. As a result, the outlook for the GBP/USD pair has dimmed, as US employment indicators may influence the Federal Reserve's (Fed) interest rate guidance. In this video, we'll delve into the strategic positioning we're considering to navigate the uncertainties and potential shifts in the GBP/USD pair. Join the discussion as we analyze the factors shaping the currency pair's trajectory in the near term. GBPUSD Technical Analysis: Will the pound continue its trajectory and sustain its momentum above the $1.27200 zone? The stakes are high, and we're on the edge of our seats! The spotlight is on high-impact economic events from the US docket for clues. Brace yourselves as the anticipation and the actual events may trigger sharp price movements that could present incredible trading opportunities. In this video, we've analyzed the Daily and 4-hour timeframes, exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure. We are keeping a close eye on the potential range between $1.26150 and $1.28200 where a breakdown or breakdown could incite the next BIG move. It's a decisive structure where both sellers and buyers will be vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days. Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
by darcsherry
1
XAUUSD | GOLDSPOT | New perspective | follow-up detailsFollowing the US Federal Reserve's dovish pivot, the market experienced a shift in sentiment when New York Federal Reserve President John Williams expressed reservations about rate cut expectations, emphasizing the central bank's commitment to maintaining inflation at its 2% target. This development led to a rebound in US Treasury bond yields, providing some optimism for the US Dollar. As we navigate through crucial macroeconomic data, including the Fed meeting, the market is processing this information, with the upcoming week poised to influence the direction of price action as we approach the end of the year. It is anticipated that the trends observed over the past six weeks will likely continue to year-end, albeit at a more subdued pace. XAUUSD Technical Analysis: In this video, we dissected the XAUUSD chart from a technical standpoint, analyzed the key levels, analyzed historical price moves, market behaviors, and buyer-seller dynamics, and uncovered potential trading opportunities. The $2,030 zone will be our center stage for this week. Its historical significance makes it a crucial point. If the bullish momentum is sustained then a continued buying pressure above this zone will serve as a platform for new highs. However, if price action stays below the $2,030 level and selling pressure persists below the zone, we could witness renewed selling pressure back into the demand zone at the $1,960 zone. Generally, Gold remains bullish following a strong rebound from $1,970 on Wednesday. The pair, however, needs to breach the $2,050 resistance area to confirm the bullish view. Dive into the latest Gold market dynamics! Stay informed for strategic investment decisions. #GoldMarket #SafeHavenAssets 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
GBPUSD | Perspective for the new week | Follow-upDespite the recent retracement, the Pound remains poised for an uptrend continuation. The GBPUSD closed last week's trading session at the 1.25000 handle, holding steady after a stronger-than-expected US Nonfarm Payrolls (NFP) gave the US Dollar (USD) a final boost to end the week. Looking ahead to the coming week, there is a flurry of central bank activity, with the US Fed making its final rate call for 2023 and updating its inflation outlook dot plot, followed by the Bank of England (BoE) and its latest interest rate decision. Both central banks are expected to maintain interest rates at 5.5% and 5.25% respectively to close out 2023. Before the central bank action kicks off, next Tuesday brings UK Average Earnings and Claimant Count Change figures. Projections indicate a potential decline in annualized quarterly average earnings from 7.7% to 7.4% in the third quarter, while November is expected to show a slight increase in the number of unemployment benefits seekers from 17.8K to 20.3K. As we look to the new week, the question remains: What lies ahead for both the US Dollar and the Pound Sterling? GBPUSD Technical Analysis: Will the pound continue its trajectory and sustain its momentum above the $1.200 zone? The stakes are high, and we're on the edge of our seats! The spotlight is on high-impact economic events from both the US docket for clues. Brace yourselves as the anticipation and the actual events may trigger sharp price movements that could present incredible trading opportunities. In this video, we've analyzed the Daily and 4-hour timeframes, exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure. We are keeping a close eye on the potential range between $1.25000 and $1.25700 where a consolidation could happen before the next BIG move. It's a decisive structure where both sellers and buyers will be vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days. Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
by darcsherry
XAUUSD | GOLDSPOT | New perspective | follow-up detailsGold continues its upward trajectory, achieving its highest monthly close in November and nearing record highs. Federal Reserve Chair Jerome Powell, while acknowledging soft inflation, emphasized that core inflation remains high. As US Treasury bond yields decline, providing a tailwind for Gold, the market anticipates potential Fed rate cuts, with about 135 basis points expected by the end of 2024. As we look ahead to the coming week, how will these factors and upcoming high-impact events from the US shape market dynamics? XAUUSD Technical Analysis: In this video, we dissected the XAUUSD chart from a technical standpoint, analyzed the key levels, analyzed historical price moves, market behaviors, and buyer-seller dynamics, and uncovered potential trading opportunities. The $2,078 zone will be our center stage for this week. Its historical significance makes it a crucial point. If the bullish momentum is sustained then the breakout/retest of this zone will serve as a platform for new highs. However, if selling pressure continues to persist below the zone, we could witness renewed selling pressure back into the demand zone at the $2,050 zone. Dive into the latest Gold market dynamics! Stay informed for strategic investment decisions. #GoldMarket #SafeHavenAssets 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
1
GBPUSD | Perspective for the new week | Follow-upThe GBPUSD continued its upward momentum, closing the week around 1.27100, a key level for the upcoming week. The Pound's strength is fueled by expectations that the Bank of England will delay rate cuts compared to the Fed and ECB. This sentiment was further supported by a decrease in Treasury yields following Powell's comments about the balanced risks of interest rate hikes. The 10-year notes fell to 4.213%, limiting the US Dollar's momentum. With no major economic releases from the UK in the coming week, the question arises: how will the Pound Sterling perform against the US Dollar? GBPUSD Technical Analysis: Will the pound continue its trajectory and sustain its momentum above the $1.27100 zone? The stakes are high, and we're on the edge of our seats! The spotlight is on high-impact economic events from both the US docket for clues. Brace yourselves as the anticipation and the actual events may trigger sharp price movements that could present incredible trading opportunities. In this video, we've analyzed the Daily and 4-hour timeframes, exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure. We are keeping a close eye on the potential range between $1.27100 and $1.26200 where a consolidation could happen before the next BIG move. It's a decisive structure where both sellers and buyers will be vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days. Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
by darcsherry
1
GBPUSD | Perspective for the new week | Follow-upThe previous week saw the Pound sterling reach 1.2600 zone against the US dollar, reflecting positive reactions to the S&P Global/CIPS data. Even amidst mixed economic signals from the US, including robust Services and Composite PMIs but a contracting Manufacturing PMI, the GBPUSD pair maintained its strength. In the UK, inflation has shown signs of cooling down but remains significantly above the Bank of England's target rate, registering at 4.6%. Looking ahead, traders are preparing for further guidance from BoE Governor Andrew Bailey's speech next week and key US economic reports such as Consumer Confidence and ISM Manufacturing PMI that could influence future movements of this asset. If you're interested in gaining technical insights into the potential trajectory of the GBPUSD pair and how to navigate these market developments, be sure to watch the full video. GBPUSD Technical Analysis: Will the pound continue its trajectory and sustain its momentum above the $1.26000 zone? The stakes are high, and we're on the edge of our seats! The spotlight is on high-impact economic events from both the UK and US dockets for clues. Brace yourselves as the anticipation and the actual events may trigger sharp price movements that could present incredible trading opportunities. In this video, we've analyzed the Daily and 4-hour timeframes, exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure. We are keeping a close eye on the potential range between $1.26000 and $1.25000 where a consolidation could happen before the next BIG move. It's a decisive structure where both sellers and buyers will be vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days. Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading!
by darcsherry
1
XAUUSD | GOLDSPOT | New perspective | follow-up detailsGold maintains its position around $2,000, buoyed by a weakening US Dollar and mixed US PMI data from Friday. Despite the recovery in US Treasury bond yields, the broadly weaker dollar prevails, driven by dovish bets on the Federal Reserve amid a manufacturing sector downturn. However, the upward momentum of gold faces potential constraints as rising US Treasury yields, with the 2-year rate reaching 4.95%, could impact its trajectory. With the Federal Reserve remaining data-dependent, the forthcoming release of Q3 Gross Domestic Product (GDP) revisions and October Personal Consumption Expenditures (PCE) figures may further influence the dynamics of the USD in the coming week. XAUUSD Technical Analysis: In this video, we dissected the XAUUSD chart from a technical standpoint, analyzed the key levels, analyzed historical price moves, market behaviors, and buyer-seller dynamics, and uncovered potential trading opportunities. The $2,005 zone will be our center stage for this week. Its historical significance makes it a crucial point. If the bullish momentum is sustained then the breakout/retest of this zone will serve as a platform for new highs. However, if selling pressure continues to persist below the zone, we could witness renewed selling pressure back into the demand zone at the $1,990 zone. Dive into the latest Gold market dynamics! Stay informed for strategic investment decisions. #GoldMarket #SafeHavenAssets #USDebt 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
2