The price is pushing down toward 2474 that's where the buy order flow is , i wont think of buying for now untill the price gets near the target or breaks above 2505. Good luck all. I'll keep monitor and update the chart so stay tuned.
the current price is at a nice 4h demand zone , the current wave is bullish ( hh , hl ...) and there is no signs of any technical weakness yet . there is a good chance that the price will keep pumping toward the above demand zone, so as long as the 4h demand zone is respected and keeps holding the price I'll remain very bullish .
my point of view on the USDCHF is bearish , if I have to give a score from 1 to 100 to the strenght of this pair I'd give 45 and I'll explain why : USD vs. CHF Score: 45 reasons: Current Situation: USD has weakened since the Fed hinted at potential rate cuts in 2024, while CHF has maintained relative strength due to safe-haven demand and SNB...
here's the list of the currency strenght from weekest to strongest : week currencies : USD , JPY . strongest currencies : 1) NZD , aud , EUR, CHF,GBP 2)CAD. how to use this information to your advantage : you simply look to trade the weekest currency against the strongest . note : do not jump in buys and sells right away , you need to look for your trade...
hello fellow , I wanted to share with you this analysis to have an idea how to work your trades our between the strenght of the currencies that I share and the actual pairs. so in my previous article I said that the USD currecy is strong and AUD currecy is week , so let's take these two currencies into an actual pair which is AUDUSD . now since the USD is the...
for today's trades I hardly suggest you to only stick to 4 currencies : the strongest curecies : USD, JPY : they had a correction but still very strong . the weekest currencies : AUD , CAD : had a bullish correction as well but still very week . while most of the other currecies are just consolidating . we might start to see a continuation of these currencies...
here's the currency strenght for this week , USD and JPY are very strong while the rest is very week , the weekest currencies are , AUD , NZD and CHF . how you take advantage of this informations ? well you buy the strongest against the weekest , or you sell the weekest against the strongest, like this you are sure to open trades that have a lot of volume and you...
hello dear traders , I hope you all are having a great start trading week , here's my intraday analysis for gold a welcome gift from me to you guys since it's been a while since I lastly posted ;) so if we check the daily chart we can see that the price have broken the most recent daily high at . this shows that gold getting strenght to keep on with it's...
hello guys , it's been a very long time since I ever posted in here , I've been real quiet trading my accounts , I needed to be away from the noise as much as possible for trading accuracy and also for mental stability during the trading sessions , but the good news is that I'm back ! I'll start share my analysis and trading ideas starting this week , and I'll do...
gold has met a daily reisistance at 1936/1940 levels . we might see a fall from the current levels to 1927/1925 . I plan to buy the dip and hold as long as gold doesn't go lower than 1925 , and hold it for 200 pips or more .
hello traders , my insight for gold currently is bullish since the price broke above the latest higher high is 1934 , what I need to see is for the price to remain above that same price level . my mainly target is at 1940 , secondary targets are 1943 , 1949 . if the price comes down under 1934 then there is a good chance for it to go even lower to 1928 and...
today very important economic data being the CPI , the US inflation indicator , a very strong indicator that will hardly impact gold . here's my scenarios with the CPI and it's impact on gold : 1- a high CPI : this will give strenght to the dollar since a high inflation means an agressive rate hike from the FED. it's impact on gold will be negative it will drag...
currently gold is at 1857 ,succesfuly broke under 1860/1855 levels , remember these are the levels that we needs to see broken for a farther bearish confirmation , there is a higher chance for gold to keep it's bearish rally toward 1845/1830/1803 levels . we might see a correction toward 1860/1867 before the fall , so think about looking for you sell...
we saw a a violent drop in gold due to a very strong US job data that shook out the not only the gold market but most of the majot markets . currently gold is at 1860/1865 a very strong zone and with the previous drop we are likely to see a correction from these zones toward 1876 / 1883 /1890 levels. now if this zone fails to hold than there is a good chance for...
with the price failing to break above 130.80 at multiple times , we saw a dumb from it breaking under 129.98 making it a clear sign of bearis invading the market , so we are likely to see a dump continuation toward 129.30 and 128.49. a retest of 130.21 would give us a great opportunity to shor from the best price level .
this pair have been bullish recently , every small dumb was an opportunity to long , currently the price is at a nive buy zone 0.8829 , if this price level holds we are likely to see it pump from it. now if this same zone fails to hold than the second buy zone to be looking for is at 0.8784 , as long as the price remains above 0.8767 it will remain bullish ,...
the price is actually at a very strong supply zone arround 0.65704/0.65955 , if the daily candle failes to break above it there is a good chance than a correction will occure arround that same zone giving us a nice opportunity to start to short from it with a strong and positive ratio. I sugget you that you investigate shorts arround that zone at the smallest time frames.
a good raid up for a last test before the fall , I'll be waiting next week for any sell opportuniy the best scenario is for the price to test near he previous top so we can short the hip , defenetly one of my main trades that I'll be monitoring .