fxwithkay

fxwithkay

POTENTIAL NFP MOVEMENT 5th MAY 2023 Based on the shared analysis, it is anticipated that the BUY position will be realized first and is expected to reach 2066. However, it is recommended to set a break-even point if you choose to hold on to the position until the target profit is achieved, as the price movement is anticipated to be rapid. The same approach...

fxwithkay

This is my anticipated scenario when the news is released, stay alert and be cautious in your trades, and make sure to use appropriate risk management measures.

fxwithkay

This is my anticipated scenario when the news is released, stay alert and be cautious in your trades, and make sure to use appropriate risk management measures.

fxwithkay

my focus for this week is on gold trading. I believe that gold will fall all the way to 1859.637, with a possible resistance point at 1962.6. Please do not enter until it reaches this point, unless you're scalping. For those of you looking for possible entry points, keep an eye on 1965 - 1957.5. You can set your profit targets at 20-50 pips. Let's work hard and...

fxwithkay

I believe the Euro is likely to experience a bearish trend in the near future. If it manages to break through the resistance level of 1.08163, we can anticipate a further decline towards 1.07845.

fxwithkay

Today's trading might be sluggish, but it's worth noting that gold's trajectory is currently pointing downwards. If it surpasses the 1960 threshold, there's a chance it could decline significantly to 1862. It's best to keep a close eye on the market, and if you choose to take a position, please bear in mind the associated risks.

fxwithkay

Please exercise caution when trading. We recommend setting reasonable take profit levels based on market conditions. For example, a potential SELL take profit level could be set at 1973.4 and a potential BUY take profit level could be set at 1983.5, taking into consideration factors such as market trends and volatility. It is important to also consider potential...

fxwithkay

FOMC critical levels: 1 Resistance Level: 1852.69 - At this level, sellers may take control and there could be increased selling pressure. It is a crucial level to watch for potential bearish movements. 2 Support Level: 1821.28 - At this level, buyers may take control and there could be increased buying pressure. It is a crucial level to watch for potential...

fxwithkay

GOLD UPDATE: 1861.90 will be a crucial level to watch in the H4 timeframe. If the H4 candle can overcome selling pressure and push through, it may potentially impact the daily candle closure and bring an end to the sideway trend.

fxwithkay

BUY KEY LEVELS: 1902 - 1904 SELL KEY LEVELS 1945 - 1947 I suggest monitoring the 15-minute timeframe for entry points to buy and sell

fxwithkay

Preference Short positions below 1780.00 with targets at 1765.00 & 1757.00 in extension. Alternative scenario Above 1780.00 look for further upside with 1789.00 & 1800.00 as targets. Comment As long as 1780.00 is resistance, look for choppy price action with a bearish bias.

fxwithkay

Short positions below 1759.00 with targets at 1746.00 & 1739.00 in extension. Alternative scenario Above 1759.00 look for further upside with 1764.00 & 1770.00 as targets. Comment As long as 1759.00 is resistance, look for choppy price action with a bearish bias.

fxwithkay

Long positions above 1748.00 with targets at 1763.00 & 1772.00 in extension.

fxwithkay

Short positions below 141.95 with targets at 140.80 & 140.40 in extension.