Pair Name = XAUUSD Market = Forex Timeframe = H4 Analysis = technical + fundamentals Trend = Bullish Pattern= Support resistance Details:- XAUUSD Is over all bullish. But here because of UK session ending and US session starting. We can see a small retesting. After this retesting it will be again on the way to 2770 to 2800 our main target level. Bullish Target:- 2770 2800
Here is my CpI news Signal sell gold now at 2685/2690/2700 this are safe Zoones for sell
https://www.tradingview.com/x/A4p2EEj4/ Take a look at our analysis for EURCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.478. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.461 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/jUKKwOWX/ Please, check our technical outlook for AUDNZD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.105. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.108 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Strong upwick bar, bouncing with fb from 170 support, bullish div on many indicators, expecting rise up to 1 ATR TP 177,49 E 172,37 SL 169,07 Good bullish div, one remark: 4H TF is still in downtrend, 13EFI is still not showing much strength. Also, the impuls on weekly is still red, but Factor 3 is blue , so I'm okay with that, also because the movements are close to the flat EMA's on the weekly. Furthermore, the bullish div is showing a false break. Trade #00011 Results so far: 6 from 10 worked out. Hitrate: 60%
Hey Traders! This is my view for the full cycle Join my X for more EW Counts
BTC is moving in Triangle Pattern and also formed Bearish Divergence on 1hr time frame, so its possibility that BTC move in Bearish Trend and forming new LLs and LHs, for the Bearish trend confirmation we will wait for the break of the Pattern and take a short trade with proper risk management.
Welcome back to my trading page ,it's another week to reap some rewards.I am well aware markets open on Monday and probably many of you have made money already or not.Having been away for two trading days I have missed a lot but not really of a loss. On Monday we did not have any impactful news and as the norm we created the weekly dealing range on most pairs,this is following Fridays release of NFP data which resulted in a strong dollar(DXY). On Tuesday we had the release of PPI data which were disappointing for the dollar which resulted in a bearish DXY but we didn't break either sides of the dealing range. Therefore to this point we note that we have not broken the weekly dealing range and we still have data yet to be released which is the CPI. We had CPI for the pound earlier in the morning which resulted in a weak pound and the cable sold off but recovered in the later stages of the London session. Today CPI data is set to be red hot and I would advice against trading before it's release which is 9:30am New York time and 4:30pm Kenyan time. For the cable( GBPUSD) we are dealing in a range between 1.22500 and 1.21050.Current price at time of writing is 1.22200.One thing to remember is we have been in a downtrend in this pair and riding the wave is easier than riding against it.Clean break above the weekly high will see GBP seek higher prices but I expect a retest of the high and likely test new lows below 1.21050. My chart is attached below for the said idea. WARNING: THIS IS NOT FINANCIAL ADVICE.LOOK BEFORE YOU LEAP.
Gold today is a upwards trend before the massive fall. it is going to be targeting the wicks below from the previous up trend. we will be looking at a lower low for this CPI Please be careful on the on the expected spike candle. Dont forget to boost the Idea if you see the same movement from your own analysis.
Today My Gold CPI News Trade Sell And The Target Is 2660 Keep Hold On Selling And Here Is Safe Selling Areas 1st 2690 2nd 2695 /2700