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XAUUSD : The uptrend continues !Let's dive into today’s gold price trends! As of early Tuesday trading, gold is in recovery mode, continuing its upward momentum. The precious metal is hovering around the $2,754 mark, showing resilience even as the USD attempts to regain its upward trend. This week, all eyes are on a series of key U.S. economic reports that could provide further insights into the Federal Reserve's policy direction. The reports include private-sector employment data, core personal consumption expenditures (PCE), and the non-farm payroll numbers. Market expectations suggest there's about a 95% chance the Fed will reduce rates by 25 basis points in November, which would be a supportive factor for gold’s strength. In the short term, gold is nearing resistance at $2,757. Should it break through, we could see more gains, supported by the 34 and 89 EMA levels and current support lines. If resistance holds, however, gold may need to consolidate around nearby support levels to build further momentum. Happy trading, everyone!
OANDA:XAUUSDLong
by Pierce_Bowers
NZDUSD to continue in the downward move?NZDUSD - 24h expiry There is no clear indication that the downward move is coming to an end. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 0.5975 will confirm the bearish momentum. The measured move target is 0.5925. We look to Sell at 0.6000 (stop at 0.6020) Our profit targets will be 0.5950 and 0.5925 Resistance: 0.6000 / 0.6025 / 0.6035 Support: 0.5950 / 0.5930 / 0.5925 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
Bitcoin 1H Buy Position SignalMEXC:BTCUSDT As soon as the IDM.i has been grabbed, we waited for the SCOB to form. And a few hours ago the SCOB has been formed and it allowed us to enter the Buy Position. The target is reward 2 and 3 at least. But always remember: Trading is a long-term game which is survival depends on the Risk & Money Management we planned before. "KEEP CALM & OBEY YOUR PLANS." I will update Bitcoin regularly. Happy trading.. Cheers, Aurio #Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC
Long
by x-Aurio
Buy Position on GBPusd (Reward 6.5)OANDA:GBPUSD In order to the EX zone in 4H time frame, We go to 15m time frame to enter the buy position more efficiently. Note: In EX zones, we can enter the position without any confirmation, but we always get better win rate by waiting for a confirmation signals to form. The confirmation signals in my strategy (Tactical Smart Money) are two kind: 1. SCOB (single candle order block) 2. ChoCh in lower time frame As always: Make sure you have a good partial exit plan, AND "KEEP CALM & OBEY YOUR PLANS." Happy trading.. Cheers, Aurio #Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC CRYPTOCAP:BTC
Long
by x-Aurio
Buy Position (REWARD 9) opportunity on GOLD 1HOANDA:XAUUSD As you can see Gold is on a important level on weekly time frame. Which could hit the last ATH and then rest for a few weeks/months. So that now we can take a Buy Position on 1H time frame to the new ATH (Minor Extreme mentioned as EX.i). Its Reward to Risk is about 9 to 1, But it's better to save some profits after Reward 2-3 and higher. In other words, the more rewards we get, the less position size we should have. Make Sure You Have a Good Partial Exit Plan. "KEEP CALM & OBEY YOUR PLANS." I will update Bitcoin regularly. Happy trading.. Cheers, Aurio #Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC CRYPTOCAP:BTC
OANDA:XAUUSDLong
by x-Aurio
Buy Position on BTCusdt 1HMEXC:BTCUSDT Why should we buy here? Simply because this MPL is our last POI we have on Major Structure in 1H time frame. As you can see Also we can open 2 position at the same time and price, but manage them differently. In other words we can set partial exit at 2.5 reward & 7 reward. It is better to have 2 targets, not more and not less.. "KEEP CALM & OBEY YOUR PLANS." I will update Bitcoin and Gold regularly, Happy trading.. Cheers, Aurio #Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC CRYPTOCAP:BTC
Long
by x-Aurio
Building a Positive Mindset for Trading SuccessIn the world of trading, cultivating a positive mindset is essential for unlocking opportunities and maximizing potential outcomes. Positive thinking in trading involves recognizing prospects in every situation, learning from mistakes and setbacks, and nurturing a steadfast belief in your abilities and goals. Traders with a positive outlook tend to be more risk-averse while remaining open to growth, leading to more consistent profits. However, it’s crucial to approach risk strategically; unchecked optimism can lead to reckless decisions and financial losses. Thankfully, optimistic traders often find it easier to bounce back from errors, allowing them to maintain their focus in this challenging environment. 📍 Setting Yourself Up for Positive Trading A constructive trading mindset facilitates learning and encourages the exploration of new strategies and techniques, promoting continuous improvement. Here are some effective strategies to set yourself up for success and cultivate a positive trading mindset 1. Articulate Goals and Strategies Positively: Frame your objectives with a positive spin. For instance, instead of saying, “I don’t want to lose money,” rephrase it as, “I aim to grow my wealth.” Rather than expressing fear about taking risks, remind yourself, “I possess the skills to manage risk effectively.” When uncertainty arises, tell yourself, “I will navigate this situation and find a solution.” 2. Practice Reframing: Reframing is the skill of pivoting your perspective to highlight positive outcomes and learning experiences. For example, if you close a trade at a loss, rather than viewing yourself as a bad trader, remind yourself that you’ve gained invaluable experience, equipping you to refine your strategy. 3. Celebrate Achievements: Acknowledge and celebrate your accomplishments, no matter how small. Avoid comparing yourself with other traders; instead, measure your progress against your past performance. This practice boosts your motivation and self-esteem, reinforcing your commitment to personal growth. 4. Employ Positive Affirmations: Integrate positive affirmations into your routine—short, empowering statements that reinforce your confidence and optimism. Phrases like “I am a successful trader,” “I achieve my goals,” and “I can manage any situation” can cultivate a positive mindset and focus. 5. Surround Yourself with Positive Influences: Engage with other traders who uplift and inspire you through their experiences and insights. Consume enriching resources—books, podcasts, articles—that not only expand your knowledge but also serve as motivation in your trading journey. 6. Avoid Comparisons: Recognize that each trader has a unique style, pace, and set of results. Instead of envying or attempting to emulate others, focus on your individual development. Embrace the understanding that success in trading is a gradual process that demands patience and persistence. 7. Enhance Your Skills and Knowledge: Continuous learning is integral to trading success. Dedicate time to studying theory, analyzing market trends, and keeping abreast of news that affects the markets. Experiment with diverse strategies and develop various analytical techniques. The more you master the nuances of trading, the greater your confidence will become—a key driver of a positive outlook. 8. Prioritize Rest and Relaxation: Trading can be intense and stressful . Ensure you allocate time to unwind and recharge. A rested mind is better equipped to make rational decisions and maintain a balanced perspective. 9. Implement Risk Management Strategies: Develop and adhere to robust risk management techniques to minimize anxiety and mitigate large losses. Solid risk management fosters a positive trading experience and helps maintain composure in turbulent market conditions. 10. Embrace Flexibility: Adaptability is vital in the ever-changing landscape of trading. Acknowledge that market conditions can shift unexpectedly and be prepared to adjust your strategies accordingly. View challenges not as obstacles, but as opportunities for growth that will enhance your resilience and expertise. 11. Cultivate Optimism: Focus on appreciating your current accomplishments rather than lamenting what you lack. Actively seek the positive side of people and situations. Maintain faith in your abilities and trust that things will unfold favorably. By nurturing a positive mindset and employing these strategies, you can set yourself up for success in trading. Remember, every step you take toward maintaining an optimistic outlook will not only enhance your trading performance but also contribute to your overall well-being. Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
Education
by Lingrid
7
Potential Upside for EURNZDTechnical overview: The EURNZD currency pair has recently formed a head and shoulders pattern, and the price is currently at the neckline of this pattern as well as a significant resistance zone (1.8065-1.8160). If the price successfully breaks through this area, it could reach the specified price targets. However, if the price reverses downward from this zone, the first valid support level will be 1.78360. Fundamental overview: Considering recent geopolitical tensions that have driven the market toward risk-off sentiment, along with recent statements from the RBNZ, the NZD has weakened over the past month. If tensions continue to escalate in the coming days and weeks, we can expect this currency pair to increase further. This analysis will certainly be updated after the price reacts to the resistance zone and neckline. Don’t miss the upcoming trading opportunities in this currency pair. What are your thoughts on EURNZD ? are you bullish or bearish?
Long
by habib75rajabi
5
GOLD What Next? SELL! My dear subscribers, GOLD looks like it will make a good move, and here are the details: The market is trading on 2740.0 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2729.5 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
OANDA:XAUUSDShort
by AnabelSignals
2
EURUSD The Target Is UP! BUY! My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.0793 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0817 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
NATGAS The Target Is DOWN! SELL! My dear followers, I analysed this chart on NATGAS and concluded the following: The market is trading on 2.525pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.384 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
NYMEX:NG1!Short
by AnabelSignals
1
GBPAUD Trading Opportunity! SELL! My dear subscribers, My technical analysis for GBPAUD is below: The price is coiling around a solid key level - 1.9684 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.9541 My Stop Loss - 1.9755 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
AUDNZD What Next? BUY! My dear friends, Please, find my technical outlook for AUDNZD below: The instrument tests an important psychological level 1.1017 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.1035 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
Gold is still holding a bullish momentumHey traders, From a daily and 4H point of view, after Gold reached 2756 and made LH 2739 and a LL 2710 and then retraced to a previous weekly level and made a break and retest then moves higher making a HH 2746. Now we should be expecting Gold to visit the 2756 again but we should be cautious of that area as the price might rejected doward 2721. Otherwise, if the price breaks the 2756 level, we should wait for a pullback then go long and seek the 2771 and 2786 new levels.
OANDA:XAUUSDLong
by YMtradingsystem
GOLD My Opinion! SELL! My dear subscribers, My technical analysis for GOLD is below: The price is coiling around a solid key level - 2745.4 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2736.2 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
OANDA:XAUUSDShort
by AnabelSignals
1
USDCAD Sell Short (Final)I have been analyzing USDCAD for a while now and I believe this is the time for a double top to be formed and that M formation shall be taking place like the previous W pattern USDCAD has built up. As seen in the chart, USDCAD touched for a double bottom at 1.34213 which I predict that we shall be lead to that level again. USDCAD has far too long rallied and we should all be shorting this very top to make all our profits again. Rinse, repeat, and learn from these lessons in trading. I also wanted point out that in our analysis we have highlighted where previous support and resistances have broke out and lead to new higher highs and now lower lows when we come back down from this entry at 1.38973 I hope you all enjoyed our analysis! We also have included TP and SL in the chart and please follow our page for more signals like these! If you have any questions about this trade please send me a direct message and I will respond swiftly. Thanks for stopping by!
Short
by KingTraderFX
3
Euro can rebound from buyer zone and start to growHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some days ago declined to the seller zone and then rebounded and rose to 1.1150 points, after which turned around and fell back. Then the price started to trades inside the wedge, where it rose from the support line in a short time to the resistance line and then turned around and started to decline. Soon, the price fell to the 1.1000 level, and broke it, after which price little time traded below and then continued to fall. In a short time, the EUR fell to the 1.0810 support level, which coincided with the buyer zone, and then bounced up. price tried to grow, but failed and then fell until to support line of a wedge, breaking the support level, but a not long time ago EUR rose back. Then the price reached the resistance line, bounced down to the buyer zone, and then rose back. Also recently, the price exited from the wedge and now trades very close to the resistance line of this pattern. In my opinion, the price can fall to the buyer zone and then rebound up. For this case, I set my TP at 1.0930 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2