Vertical lines represent bearish and bullish sessions. The next reads to be a Bullish Session. The price is questionable. The 3-month space is just an idea of what might happen. Bubbles represent price zones. I will not play Wizard and predict where the price will end up. I'm only being honest. Price action, sessions, and pi cycles read how and where. Prices are...
nice and smooth ascending trend, keep your long position
Dear traders! On the hourly timeframe we see a classic bullish pattern. At the time of writing the price is trading above the strong support zone of 2375 USD being protected by buyers on the bullish wave. Accordingly, the 2,400 USD mark is also an important level that Wall Street experts believe that this week's gold price could reach or exceed its all-time high....
SPY 5/24 Levels As AMEX:SPY continues to climb and climb the bull rally has no sign of ending. We are expected to have slight weakness this week although seasonals are indicating this week is the bottom. The weekly levels are : Market Makers Hedged - Upside $536.50 Downside $521.50 Markets Expectation - Upside $535.13 Downside $524.40 Liquidity Levels - Lay...
In this analysis we are focusing on M30 time frame. Here we have parallel channel, which shows market internally structure was bullish. If market price come back and retrace the (2406 - 2400) key level zone than after confirmation we look for buy. And the target is set at 2430. If there is no retracement and market will directly move upside then we will wait, when...
The Euro-dollar pair is trading on a stronger note near 1.08800 on Monday in the early hours of Asian trading. The growth of the major pair is supported by the weakening of the US dollar. Federal Reserve (Fed) officials Bostic, Barr, Waller, Jefferson and Mester are scheduled to speak on Monday. The main event in the Eurozone will be the preliminary PMI for May on...
World gold prices tend to increase with spot gold increasing by 2.3 USD compared to last week's closing level to 2,416.7 USD/ounce. Last week, world gold prices fluctuated strongly as the market continuously received important economic data along with statements from US Federal Reserve (Fed) officials. This precious metal started the trading week at 2,361.17...
World gold prices increased in the context of a sharp decline in the USD index in recent days and continuous gold purchases by central banks around the world. Gold prices turned positive for the week early Wednesday morning as the US April CPI report showed an improvement over the previous month. By Friday, the bullish trend had returned sending gold prices in...
Indian Energy Exchange moved up side on Saturday IEX chart view look good from here we can from the current market price. Tuesday will take entry at current market price and hold for good profits Target 🎯 open
Shorting the idea the fact that its a retracement move then making another leg lower. Also adding in the fundamentals that inflation is cooling and FOMC is round the corner. watch this space :)
Morning. Glad to see ManUtd finished in ehhhhh form! Daily pivot from 5/17 stands at .66881 with AUDUSD hitting intraday high shy of .67100 on Monday early. A Fib trace back to sub .66900 with TP @ .66850 has a strong possibility with the dollar likely to retrace from close to the lows of last week @ 104.392 on 5/17. Good luck. TR
AUDCAD can go up, will keep the tight SL, keep an eye on the corrective move.
Price action daytrading Price is bullish bias on H4 & higher TF. Taking a bullish bias. Price has broken the resistance level. Going to H1 TF, Price still reacting strongly from the broken resistance level. Trading breakout & retest strategy. Set Long target at the broken level targeting Daily Swing High with a tighter SL for better R:R
Price action day trading. H4 TF, price is still bearish going into the range. EUR is expecting to cut rate soon, price is expecting to go lower due to that. Price broken a strong past horizontal level heading lower from last week. Price is now retracing back healthy. Set a short trade at the level to target range low.
Price Action Trading Price broken through all the time resistance level setting a new high. All higher TF price is strongly bullish as expecting of interest rates to cut in Sept 2024. CPI coming in at 3.4% for May CPI slowly reducing but still far from target of 2% setted by FED. Going down to lower TF, price is still very bullish especially at 2419 level. Set a...
GBPUSD accelerated to the upside this past week, briefly reaching its highest level in nearly two months at one point before the weekend. If the rally continues and gains momentum in the coming sessions, resistance is likely to appear at 1.2720, the 61.8% Fibonacci retracement of the 2023 decline. Further strength could then direct focus toward the 1.2800...