Steluke

Steluke Updated 

Introduction: Join us as we delve into the intricacies of the CAPITALCOM:DXY (US Dollar Index) market, unraveling recent price action and assessing potential trading strategies amidst evolving market dynamics. Bearish Sentiment from Monthly Perspective: The latest market movements in ICEUS:DXY have seen a significant downturn, with price trading into...

Steluke Updated 

Introduction: Welcome to an in-depth analysis of the FX:EURUSD EUR/USD currency pair, where we dissect recent price action and delve into the intricacies of trading strategies amidst evolving market dynamics. Bullish Sentiment from Monthly Perspective: The recent price movement in OANDA:EURUSD has been marked by a rebound from the Bullish Monthly...

Steluke

As previously anticipated and now observed in real-time, the PEPPERSTONE:XAUUSD OANDA:XAUUSD market has executed a meticulous retest, precisely targeting the Resistance 1 (R1) and Resistance 2 (R2) zones, meticulously outlined in our prior analysis. However, the journey doesn't halt there; the imminent challenge lies within the formidable Resistance 3 (R3)...

Steluke Updated 

Introduction: Welcome to an in-depth exploration of the intricate movements within the XAU market. In this article, we delve into the nuances of key zones and trend dynamics that shape the landscape of gold trading. Understanding Key Zones: In the ever-evolving world of trading, certain price levels hold particular significance. Notably, the 40's and 20's...

Steluke Updated 

It appears that OANDA:XAUUSD PEPPERSTONE:XAUUSD is consolidating its price movement within a defined range, spanning from the year 2025, with a high around 2023, down to 2008. This range suggests a significant spread of 18-8 points between the upper and lower bounds of the price action. Such price behavior indicates a period of consolidation or sideways...

Steluke

The current price movement of the TVC:DXY CAPITALCOM:DXY currency pair indicates a significant development as it has entered into a Bearish Monthly Fibonacci Voltage Gauge (FVG), suggesting a potential bearish outlook for the foreseeable future. Moreover, the recent price action has led to a movement into a High Time Frame (HTF) Fibonacci Voltage Gauge (FVG)...

Steluke

FOREXCOM:XAUUSD FXOPEN:XAUUSD The Bearish Weekly implied Fibonacci Voltage Gauge (iFVG) continues to maintain its influence over the market dynamics, indicating a prevailing bearish sentiment that traders are acknowledging and reacting to. Furthermore, there's a notable presence of Daily Order Pairing occurring above current price levels, suggesting a...

Steluke

In the realm of FX:EURUSD OANDA:EURUSD trading, the recent price action has exhibited some intriguing dynamics. While it did traverse into the realm of a Bullish Monthly Fibonacci Voltage Gauge (FVG), the conviction behind this movement appears somewhat lacking, resembling more of Relative Equal Lows rather than a clear bullish momentum. Zooming into the...

Steluke

The CAPITALCOM:DXY TVC:DXY currency pair has recently experienced a shift in market sentiment, as indicated by its movement into a Bearish Monthly Fibonacci Voltage Gauge (FVG). This suggests a potential downward trend on a longer-term perspective. Furthermore, the price action has ventured into a High Time Frame (HTF) Fibonacci Voltage Gauge (FVG) within...

Steluke

The CAPITALCOM:DXY TVC:DXY currency pair has recently experienced a shift in market sentiment, as indicated by its movement into a Bearish Monthly Fibonacci Voltage Gauge (FVG). This suggests a potential downward trend on a longer-term perspective. Furthermore, the price action has ventured into a High Time Frame (HTF) Fibonacci Voltage Gauge (FVG) within...

Steluke

This analysis of recent gold price movements indicates a potential bullish trend, with significant fluctuations anticipated along the way. Initial observations suggest that the market is primed for a bullish surge, with prices likely to climb steadily. However, it's essential to note that corrections are expected around the 36 level, representing a crucial point...

Steluke Updated 

"At the present price level of 2037, XAU (Gold) is displaying a bullish outlook, suggesting a favorable trend continuation. However, it's essential to note that market dynamics can often lead to temporary pullbacks or retests, particularly during the London trading session. This phase of reassessment is typical as market participants digest recent price movements...

Steluke

Certainly, let's focus on a detailed trading explanation for the provided scenario: The analysis for XAU (Gold) suggests a bullish outlook, favoring a "buy" stance. The assessment is based on the observation of the weekly candlestick opening, which appears poised to initiate a buying momentum. The specific price zone under consideration ranges from 2017 to...

Steluke

OANDA:EURUSD TVC:DXY FX:EURUSD . The inverse of the Dollar index. • High of the Bullish Monthly FVG is my draw on liquidity. • Previous Bullish Daily FVG failed, and is now acting as an inversion level. Notice how Thursday and Friday's Daily Candle failed to close above the Brown box. • On the 4H timeframe, there are other Sellside liquidity targets...

Steluke

CAPITALCOM:DXY TVC:DXY FXOPEN:XAUUSD The Previous Bearish Weekly FVG failed, and acted as an inversion level to the previous weekly candles. • We saw a drive higher from NFP. Probably might be the confirmation that we are out of the consolidation profile. • Think about Market Profiles, what do you see after a Consolation? An Expansion/ A Manipulation...

Steluke

The Previous Bearish Weekly FVG failed, and acted as an inversion level to the previous weekly candles. • We saw a drive higher from NFP. Probably might be the confirmation that we are out of the consolidation profile. • Think about Market Profiles, what do you see after a Consolation? An Expansion/ A Manipulation before an Expansion. • 4H timeframe has shifted...

Steluke

The Weekly iFVG is still being respected. • As long as DXY is Bullish, l'll be interested in sells. But once DXY hits the target I shared, I wouldn't trade gold. Because in my opinion it is quite expensive. This could lead to higher spreads, slippages, poor fills, etc.