🚨GBPUSD: What's Next? BOE leaves policy rate unchanged at 5.25% 🚨BoE left the policy rate unchanged at 5.25% as widely expected The price is also facing strong support near 1.2450. How can the price react in this area? Be careful as GBP can get stronger when you least expect it. It reacted lower before the opening of the BOE meeting, but it is not necessary to...
Join us as we delve into the latest developments shaping the GBPUSD landscape. The Pound Sterling rebounded in the second half of the week driven by robust Q1 GDP figures from the UK's Office for National Statistics, indicating a resilient economy. With a growth rate of 0.6%, surpassing expectations, the UK appears to be steering clear of recessionary woes. This...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.9030 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.8983 which is a level that lies underneath an overlap support. Take profit is at 0.9098 which is an overlap resistance that aligns...
There's still plenty of room for ROKU to move - but to spot this initial takeoff, we need to track movement on lower time frames to see what is being respected. For a long term play however, a pickup by purple can be a good entry Happy Trading :) - TraderDaddyOG
WTICO/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5...
Hey all, So with CPI data scheduled to come out in a hours time I just wanted to put this quick recording together to highlight what I believe will happen to the dollar from a technical perspective. Futhermore, we look at all the opposing pairs such as the AUD, EUR and GBP and what opportunities could be setting up.
Hello Traders. My name is Hadi Karaali, known as snipers F_X 👉I truly appreciate your continuous support everyone! 👉📚 Let me know if you like the series, and if you would like me to change or add anything. 👉Here is a quick update & my trading plan on BTC, enjoy it. As usual manage your risk and trade safe. Best of Luck!
Esteemed Members, We anticipate the possibility of silver reaching $50 by the conclusion of 2024, marking a substantial increase of approximately 75%. To delve deeper into the analysis supporting this forecast, kindly refer to the accompanying video below. Wishing you all safety until we meet again. Please remember, the information provided is not intended as...
Silver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 28.68 which is a pullback resistance. Stop loss is at 29.15 which is a level that sits above a pullback resistance. Take profit is at 27.63 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. ...
Gold Trading Strategy: Achieve 50-100 Pips Daily Take Profit Unlock the potential of gold trading with a strategic approach designed to secure consistent daily profits. This strategy aims for a daily target of 50-100 pips, leveraging technical analysis, disciplined risk management, and precise execution. Here's a detailed plan to guide your trades: 1....
Could this be a possible selling zone for GBPNZD? Based on what price action is telling, the market is still bearish overall using the weekly TF. I'm anticipating sell for this pair based on the confluences that i'm getting at the current price range
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
EUR/NZD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Another green day for the challenge account, ended up with about $94 total P&L for the session. Most of it was made on a QQQ long and took a small loss on PYPL. I got over these trades and talk about my expectations for CPI tomorrow.
Here is the market projection on Gold (XAUUSD) from May 14-17. ANALAYSIS. Price is expected to maintained the previous week projection in High timeframes (Monthly, and Weekly) but daily timeframe and below are expected to demonstrate an opposite direction from the previous projection. In daily timeframe price has clearly completed the ABC corrective move to the...
I have done plenty of analysis on the GBPUSD in the past few weeks and nothing has changed in our outlook. The wave of disbelief has matured and we are now selling the cable. The risk is 1.2636 about 60 pips from where we are right now. For those who like confirmation, a break below 1.2568 is your first confirmation that more sellers have joined the party.
Trying my best to explain what I see - when you start to see it it will all start to make sense and you will never look at the market the same Happy to answer any questions as always! Happy Trading :) - TradeDaddyOG
GBPNZD LOWER TIME FRAME TRADE EXPLANATION 30 min sz trade Hunting a 1/3 rr BUT we have huge W dz way lower. Depending on how the market reacts to this 30m supply, ratios might change to 1/4.5 or 1/10