USD/JPY, H4 11 March 2024 The USD/JPY pair extends its aggressive decline, weighed down by a narrowing interest rate differential between the US and Japan. Growing anticipation of the Bank of Japan exiting ultra-dovish policies fuels market demand for the Japanese yen. Policymakers' emphasis on a positive wage cycle and the potential for inflation to surpass the...
EUR/USD, H4 11 March 2024 The EUR/USD pair continues its upward momentum, primarily driven by the depreciation of the US Dollar. Despite the worse-than-expected US Unemployment rate and Average Hourly Earnings, triggering a significant sell-off in the Greenback, the Euro remains resilient. While the Eurozone lacks significant market catalysts, the unexpected...
GBP/USD, H4 11 March 2024 Pound Sterling experiences a surge against the US Dollar, propelled by discouraging US Unemployment data. The US Bureau of Labor Statistics (BLS) reports soft wage growth and a notable spike in the Unemployment rate for February. Despite better-than-expected Nonfarm Payroll data, the pessimistic economic outlook fuels expectations of a...
🔖XAU/USD, H4🔖 11 March 2024 Gold prices enjoy continued gains, propelled by a weakening US Dollar. A series of lacklustre US economic data, coupled with dovish statements from the Federal Reserve, diminish the appeal of the greenback. The focus shifts to forthcoming inflation reports, where a continued decline in US inflation may heighten expectations for Fed...
Pivot 0.6640 Our preference Short positions below 0.6640 with targets at 0.6590 & 0.6565 in extension. Alternative scenario Above 0.6640 look for further upside with 0.6665 & 0.6680 as targets. Comment The RSI is mixed to bearish. Supports and resistances 0.6680 0.6665 0.6640 0.6610 Last 0.6590 0.6565 0.6540 Number of asterisks represents the...
Focus on these levels on 11.3.24 it's more important.
Traders, Here's a snapshot of BTC dominance and its implications: Resistance Zone: BTC dominance is encountering challenges breaking above the 55% resistance zone. Altcoin Strategy: Any breaks below the trend line signal a need to add more altcoins to our portfolio. Risk Management: Exercise caution and monitor the general trend of BTC to mitigate potential...
💵 DOLLAR_INDX, H4 💵 11 March 2024 The US Dollar grapples with losses as key employment indicators present a mixed picture. The disappointing unemployment rate and hourly earnings figures contrast with a robust non-farm payroll report, leaving the greenback in a delicate position. Bloomberg reports reveal that Federal Reserve Chair Jerome Powell and colleagues...
Apply risk management, risk 2-3% of your trading account. I take trades based on Smart Money Concept (Institutional Trading) NEPS TRADING. if you wanna learn more. Comment below.
looking to SELL, GOOD RATIO, ill be monitoring the behavior and delivery into my area of interest AGAIN ILL BE MONITORING BEHAVIOR BEFORE MAKING ANY DECISIONS Plus this is an areas of interest once price get there that's when I start looking for Any of my entry models to take place on the lower timeframes while taking into the account the TIME to PRICE...
Animal spirits are palpable in the Land of Rising Sun. Nikkei-225 smashed through it previous all-time-high set more than 40 years ago. Japanese equity markets have turned steaming hot over the past year after stagnation through lost decades. Strong foreign investment inflows, positive impact from the corporate governance reforms, portfolio rebalancing away...
#ZRX IMP Zone, If Holds 140% UP, If Not 41 % Retracement upside target is 1.20 $ and downside target 0.24 $.
📊Analysis by AhmadArz: 🔍Entry: 20.137 🛑Stop Loss: 20.29 🎯Take Profit: 20 - 19.90 - 19.77 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
looking for sell, wanna see it on NY or AM session.... Fire on fire would normally kill us But this much desire, together, we're winners They say that we're out of control and some say we're sinners But don't let them ruin our beautiful rhythms 'Cause when you unfold me and tell me you love me And look in my eyes You are perfection, my only direction It's fire on...
Technical & Fundamental Analysis (Short Term) By PapaFinanceTalk 11/03/2024 Technical Analysis: - The current gold price in the short timeframe remains in a clear uptrend. - Gold is still above the 200-day moving average, supported by the Fed Chair's signal of interest rate cuts last week. - Reversal signals are still...
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
Trend Analysis: (Daily TC) - Bull Market, total trend life since last (pullback @round 1.08334) = 1.02%, market would only need +1.94% / +2% to fulfil bullish side (Volatility TP @1.11529), market already Passed 3% resistance area sitting @(0.5%) Candles averaging +25% pips = confirmed +18% breakout Structure: (3/10/24 (update)) Healthy bullish market all...
I am forecasting the probable direction of GBPCAD; I think it probable that the Bullish trend will continue this week AFTER the Pullback I have shaded on the Chart.