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#Oil buying opportunityHello dear traders and friends, I hope you are all having a great week. Let's take a look at Crude Oil prices, where it appears that the price has formed a support level around $80 to $82 after a 14% bearish move since the top formed in late September. In the 4-hour timeframe, we can observe that the price has already shifted its bearish market structure to the upside by forming a new high. What's particularly noteworthy is that this high was formed from a higher low, indicating that sellers were unable to push prices any lower despite the prevailing bearish trend. In the daily timeframe, things become even more interesting as the price has formed a significant bullish engulfing candle that has covered the last four daily candles. This suggests a high potential for upward movement. Additionally, in the 1-hour timeframe, we can see that the price is near a static support area, as indicated on the chart, and coincides with the daily central pivot area. This further supports the possibility of this area acting as a price low. Apart from the technical aspects, we are also aware of the ongoing tensions in the Middle East between Israel and Hamas. The potential escalation of conflict and involvement of other countries can have a positive impact on oil prices. Please also take a look at my other posted ideas which I'm sure you are going to like it and share your thoughts and feedback with me. Thank you.
CAPITALCOM:OIL_CRUDELong
by mohemati
🌟 EURUSD: Wait to sell at the right time🌟 EURUSD increased slightly in the last session and once again broke the falling price channel, reinforcing the possibility of creating a head and shoulders reversal signal. With these actions, the possibility of price increase is becoming more and more clear. If you still have a selling position following the downtrend, you need to set a stop loss above 1.06, do not enter new sell orders at this time. In case the reversal pattern is confirmed, the reversal traders may consider returning to the market.
Short
by Stone_Haven
XAUUSD: The trend is unclearWhile the Israel-Hamas conflict shows no signs of easing, Alexander Zumpfe, precious metals trader at Heraeus, said investors are increasingly looking for stable investment opportunities during times like these. so and gold once again met these expectations. In addition to developments in the Middle East, investors are also keeping an eye on the stance of US monetary policy with the speech of US Federal Reserve Chairman Jerome Powell this weekend. According to the CME FedWatch tool, markets are forecasting a 90% chance the Fed will leave interest rates unchanged at its policy meeting next month.
OANDA:XAUUSD
by Stone_Haven
💡XAUUSD: Gold's movements are complicated📚 Safe-haven demand will push gold higher in the short term. Tight enough monetary policy and rising energy prices could easily kill the global economic outlook, the need for safe-haven assets becomes clearer. High inflation and a fairly solid economy could suggest the Federal Reserve will continue to raise interest rates, but eventually the economy looks set to slow, if interest rates peak then a gold rally will last. 📚 We can see gold has spiked on Palestinian-Israeli conflict risk concerns and away from the 48-hour moving average on the H4 chart. While gold remains supported by growing safe-haven demand, the price will face challenging resistance at $1,950.
OANDA:XAUUSDShort
by Stone_Haven
💡 GOLDOZ: Be careful with Gold💡Last week, gold saw its best weekly gain since mid-March due to increasing safe haven demand as the Israel-Hamas military conflict shows no signs of abating. 💡In addition, the US announced tightening sanctions on Russian crude oil exports on Friday, causing oil prices to increase to 90 USD/barrel. Some analysts note that as oil prices continue to rise, gold's safe-haven role will help fight inflation, which is even more beneficial for gold. 💡Although the gold trend is receiving a lot of attention, some analysts warn investors to be cautious and not chase the market. While gold remains well supported by growing safe-haven demand, gold prices face challenging resistance at 1,950, said Ole Hansen, commodity strategist at Saxo Bank. USD/ounce.
TVC:GOLD
by Stone_Haven
🔔BTCUSDT🔔In the weekly time frame, after breaking the blue upward trend line, the price was in a several-week trend that fluctuated between the ranges of 25,000 and 30,000, and today, after a pump, it reached the resistance range of 30,000, and from there, the price was strongly rejected. This shows the importance of the desired range. During this period, the price tried to break the 30,000 range 3 times, but was disappointed in all 3 times and it seems that there is no more force left for it to break the desired range. We expect the price to fall from this range and finally end its downward trend from the range of 19,000 to 20,000 or the range of 15,000 to 17,000... WOMAN , LIFE , FREEDOM ✌
Short
by mohammad_gunner
XAUUSD: Will breakout 1900The Israeli-Palestinian conflict has worried investors, creating support for safe-haven gold. Gold is used as a safe investment during times of political and financial instability, but higher interest rates increase the opportunity cost of holding unprofitable gold. After a short period of weakness, inflationary pressures sparked a rise in US Treasury yields, paving the way for a strong recovery in the US dollar overall. Gold reacted adversely, erasing previous gains. However, the main trend is still up because war news is still a good signal for choosing Gold as a refuge. It is natural for Gold to break the 1900 threshold and go up
OANDA:XAUUSDLong
by Stone_Haven
Strong Bullish Trend for High Returns!The USDJPY is currently experiencing an upward trend. To capitalize on this trend, I plan to wait for a chance to buy at the Fib-3 Bat Pattern completion on the 1-hourly chart at 149.09. However, it's important to note that both the 4-hour and daily charts show a Bearish Harmonic Pattern that completes at a similar level of 150.41. As such, it would be best to wait for a candlestick pattern completion before considering a counter-trend trade.
Long
by RaynLim
2
GOLDOZ: The increase shows no signs of stoppingThe global gold market continues to benefit from safe-haven demand amid the ongoing Israel-Hamas conflict, which shows no signs of ending. This precious metal has seen modest yet resilient gains, despite the Federal Reserve's September meeting minutes indicating their commitment to maintaining a "higher for longer" monetary policy stance. The Federal Open Market Committee (FOMC), the policymaking body of the Fed, remains inclined to support interest rate hikes until they are confident that inflation is returning to the 2% target. The gold market has been witnessing a steady rise after bouncing back from its seven-month low last week. While there are still some risks in the market, analysts from the World Gold Council (WGC) suggest that the selling pressure seen last month might present a buying opportunity for investors.
TVC:GOLDLong
by Stone_Haven
EURUSD: Predictions for Friday the 13th💡EUR/USD rise 0.1% to 1.0537, then fell sharply earlier, with multiple data releases appearing in the eurozone. France's CPI rose 4.9% year-on-year in September, while Spain's consumer prices rose 3.5%, both still above the European Central Bank's medium-term target. 💡ECB policymaker Francois Villeroy de Galhau reiterated his view on Thursday that the central bank should keep its benchmark interest rate at its current level - the highest in its 25-year history - as long as That is necessary to ensure inflation returns to the 2% target.
Long
by Stone_Haven
XAUUSD: Wait for the right buy opportunityBar D1 yesterday increased sharply, in line with experts' comments that the gold price will continue to increase strongly by at least 188x - 1900. Largely due to expectations that the Fed will not raise interest rates in 2023 and has a roadmap to cut interest rates in 2024. Currently, 1877 is the MA20 resistance of D1, so there may be more or less a profit-taking price reaction from investors, so the price may decrease slightly. . A closer look at H1 shows that yesterday the price surpassed 1865 but has not yet returned to the back test. This morning's Asian session continued to create a new ATH level compared to yesterday. Easily observe an uptrend channel at H1 with a good buying zone of 186x, everyone should pay attention
OANDA:XAUUSDLong
by Stone_Haven
EURUSD: Analysis October 12Consumer expectations for inflation in the Eurozone increased slightly in August, reinforcing the view that it is too early for the European Central Bank to declare victory in the fight against inflation. The monthly survey published by the ECB shows that consumer expectations for inflation in the next 12 months have risen from 3.4% to 3.5%, and expectations for inflation over the next three years have increased from 2.4% to 2.5%. In terms of economic outlook, consumers have become more pessimistic, expecting the economy to shrink by 0.8% in the next 12 months, compared to the previous forecast of 0.7%. We can see that the EUR/USD is trading around the 48-hour moving average on the H4 chart. Additionally, the MACD histogram and the double-line appear to be contracting, indicating the potential for a downturn. However, in the short term, investors are awaiting US CPI data for September, and if the data comes in below expectations, the EUR/USD exchange rate may rise due to a weaker US dollar.
Long
by Stone_Haven
2
GBPUSD: Opportunity to explodeThe dollar traded virtually unchanged at the start of the European session Wednesday, consolidating ahead of the release of manufacturing inflation data and the Fed's latest policy meeting minutes. The USD has fallen quite a bit in recent sessions, despite growing political instability due to the conflict that broke out over the weekend between Hamas and Israel, as dovish comments from some Federal Reserve officials The state has raised hopes that the Fed is nearing the end of its interest rate hike cycle.
Long
by Stone_Haven
2
USDCHF: Continuing downtrendToday, the USD/CHF currency pair looks to rest at monthly lows, settling around 0.8920 entering the European session on Friday, after recording an impressive recovery to convince traders sales yesterday. The Swiss franc (CHF) fell the most in a week as it broke through key technical support levels, convincing investors to favor extended lows. What raises hopes for USD/CHF sellers are the negative signals. While it is impossible to accurately predict the future of financial markets, it seems that the USD/CHF currency pair is under pressure from bearish investors. We will continue to monitor developments going forward to see whether sellers can maintain patience at this low level.
Short
by Stone_Haven