FOREXRSMV

FOREXRSMV

XAUUSD is standing still on Thursday, which we were prepared for. The DXY opens with a subsequent decline on Friday, which gives bullish hopes for Xauusd to strengthen.. On the local timeframe, the prolonged consolidation is forming a symmetrical triangle, but as a strong support area is forming below the pattern and the price is consolidating above the key...

FOREXRSMV

Several important news are published today, I am interested in Initial Jobless Claims - as one of the inflation indicators. Analysts expect a slight improvement in this indicator, which may strengthen the dollar in the short term. But as we remember, the last 3 times the data was worse than the previous one. If they are better than expected, gold will show a...

FOREXRSMV

XAUUSD has presented itself perfectly since the beginning of this week. The local correction ends in the area of 1970 and 0.618 Fibo, which we expected. Next, the market recovery and a retest of the key resistance at 1993 is taking shape. After an excellent bullish maneuver and a retest of 1993 in the format of a false breakout, a correction is formed. Most likely...

FOREXRSMV

On the timeframe i can see an uptrend, but the price is forming a correction on Friday, and the last few hours are forming a pattern that could send the price to 0.382 - 0.5 Fibo (but if the market is more aggressive, the price could test the far support of the range) before rising further. We have a high probability of continued growth in the medium term, but...

FOREXRSMV

XAUUSD resumes strong rally again, the reason for this is the weakening of the dollar index based on the fundamental background. Target for gold 1993-1996. On the high timeframe we can see that the gold price is recovering strongly and overcoming one of the important levels of 1984. The area of 2009 may serve as a medium-term target for such a maneuver. The rise...

FOREXRSMV

XAUUSD in correction phase, pullback from support at 200 pips on Thursday begin to sell off on the back of positive US GDP. The #DXY strengthens and returns to consolidation, which affects the forex market and gold. Since the market can't go up all the time, even on increased interest, we encounter correlations or changes in the local trend. The short-term target...

FOREXRSMV

The market is testing the previously broken area on the background of the rally. Most likely there may be an attempt to form a global reversal pattern. The price is in the green zone relative to the previously dominating bearish trend. The 1948-1935 area plays an important role as a support and liquidity area. Support levels: 1945.8, 1932.9 Resistance levels:...

FOREXRSMV

XAUUSD has been heading towards the support area since the opening of the session. Most likely the market is trying to collect the maximum possible volume of liquidity before further upward breakout. What should we expect from the market next? The most important thing is that at the moment we have possible preconditions for the formation of a further scenario....

FOREXRSMV

XAUUSD reduces volatility to a low before NFP. The market is waiting for lower figures, which in the medium term may determine the medium-term fate of the market, as it has been in global flotation for several weeks. Pay attention to the dollar index chart, a consolidation has been forming for the last two weeks due to uncertainty. The dollar index is holding...

FOREXRSMV

XAUUSD is strengthening on the back of a weakening dollar, which is not updating highs but forming a bounce off resistance, which is affecting gold. The market lacks resolve and so does Powell. The rate remains unchanged, the dollar is in consolidation and waiting for NFP ADP Nonfarm E.C. and ISM Manufacturing PMI come out with worse than expected data, which...

FOREXRSMV

XAUUSD is breaking the price channel support. But actual, the price is still inside consolidation. The market calms down a bit after the strong excitement and goes into a state of waiting for news from the USA Metal price temporarily detached from DXY on the background of strong interest, capital inflow related to the crisis. Now the market is stopping and...

FOREXRSMV

GBPJPY is a currency pair consisting of the British Pound (GBP) and the Japanese Yen (JPY). Trading this pair involves considering factors that impact both the UK and Japanese economies. You can use both technical and fundamental analysis when forming your trading ideas. Here's a simple trading idea for GBPJPY: Technical Analysis: Look at GBPJPY's recent price...

FOREXRSMV

EURJPY price action. An ascending channel is a technical pattern in which the price moves upward within the confines of two parallel trendlines. Traders often use channels to identify potential trading opportunities. In this case, with the price reaching a resistance level in the range of 159.761 to 159.324, you may be observing a potential reversal or...

FOREXRSMV

Ideas For XAUUSD Support Retest. I'm waiting for a breakout of 2000 breakout-of-2000) (XAUUSD is forming a correction to the previously broken ascending triangle resistance after the opening of the trading session. There is still a huge amount of interest in the market and it continues to increase. On Sunday, we analyzed the gold market and at the moment...

FOREXRSMV

XAUUSD The upcoming week will be news rich. I don't think there will be any focal news this week that can change the trend in gold, but it would be a mistake to ignore it. Again, there is no strong correlation with the dollar right now as gold has a higher interest and strong fundamentals, which is a huge bullish lever, but a local correction or consolidation in...

FOREXRSMV

XAUUSD continues to form a consolidation amid a global bullish trend that is linked to the Palestine crisis in the Middle East. Pay attention to an interesting situation: the market is forming a large number of traps within the consolidation. This is the essence of this set-up. The market manager is trying in every possible way to gain the necessary liquidity and...

FOREXRSMV

XAUUSD is breaking a key resistance area. I previously pointed to the 1984 level. News and fundamental background and heightened interest favor the metal's pricing Gold is subject to increased interest based on conflict and geopolitical crisis. This is mostly due to the situation in the middle east. Today several important news are published, which will give us a...

FOREXRSMV

continues to consolidate inside the 1984-1964 range. The correction and consolidation will end when one or another range boundary is broken, but my opinion is that resistance may be broken On the senior timeframe, we can see that the price is bumping into a strong resistance. If we abstract from all the fundamental horrors and analyze only technical analysis,...