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Gold Analysis September 9☘️Fundamental Analysis Gold prices witnessed an intraday reversal from an all-time high and fell below the psychological $2,500 level after the release of key US monthly employment data on Friday. The mixed US employment report reduced the chances of the Federal Reserve (Fed) cutting interest rates by 50 basis points, which prompted some cover in the US dollar (USD) prices and weighed on the precious metal. That said, concerns about a US recession dampened investors’ appetite for riskier assets and acted as a driver for safe-haven Gold prices. Additionally, the lack of progress in ceasefire talks between Israel and Hamas became another factor supporting XAU/USD during the Asian session on Monday. This warrants caution for bearish traders amid the prospect of an impending Fed rate cut cycle. ☘️Technical Analysis Gold is below the 2500 round port level, in fact this port area is no longer strong enough to push gold prices lower. The area of ​​interest in today's European session is around the 2507 Fibonacci 0.5 retracement zone and the 2512 Fibonacci final extension zone. These are two areas of interest for a SELL plan. When 2512 is broken, the downtrend on Friday is reversed. The main candle h4 is broken and ATH comes early this week, the expected level is 255x. The 2331 area is no longer valuable when gold pushes up. In the opposite direction, the 2470-2460 2433 area plays an important support role. 🌸Trading signal SELL zone 2505 - 2507 Stoploss 2511 BUY zone 2484 - 2482 Stoploss 2479 BUY zone 2473 - 2471. Stoploss 2467
OANDA:XAUUSD
by TVS-Trader
EURUSD week 37 analysis🌐Fundamental Analysis EUR/USD gave up intraday gains and slipped below 1.1100 after hitting a fresh weekly high of 1.1150 during Friday's North American session. The broad currency pair's gains were offset by a solid recovery in the US Dollar (USD). The US Dollar Index (DXY), which tracks the greenback against six major currencies, rose to near 101.40 after reversing intraday losses. Signs of slowing labour demand have fuelled market expectations that the Federal Reserve (Fed) could start cutting interest rates aggressively. The ECB is widely expected to cut interest rates again at its September meeting. The central bank started the policy easing process in June but left its key lending rate unchanged in July. In the final quarter of the year, traders remained divided on whether the ECB would cut at its November or December meeting, or both. 📊Technical Analysis The bounce and high of 1.115 has created a new bearish channel for EURUSD. On the 4-hour time frame, the two EMAs have come together, indicating that the bullish momentum is not as strong as last week and that a trend reversal is in order. The narrow price range that the pair formed last week at 1.113 and 1.101 is widening as a break from the narrow range could see the pair reach last month's high around 1.119 and on the upside, the support at 1.095 will keep the pair in the long-term bullish channel. Support: 1.101-1.095 Resistance: 1.115-1.119 🕯Trading Signals SELL EURUSD zone 1.119-1.121 Stoploss 1.123 BUY EURUSD zone 1.095-1.093 Stoploss 1.091
by TVS-Trader
GBPUSD week 37 analysis🌐Fundamental Analysis GBPUSD fell sharply after hitting a fresh weekly high above the 1.3200 round-figure resistance against the US Dollar (USD) during Friday's North American session. The GBP/USD pair fell as the US Dollar rebounded strongly following the US (US) Non-Farm Payrolls (NFP) data for August. The US Dollar Index (DXY), which tracks the value of the Greenback against six major currencies, recovered strongly to near 101.40 after falling to near 100.60. The short-term outlook for the British currency remains upbeat recently as investors expect the BoE's policy easing cycle to be shallower than that of other central banks. The main reason behind the strong speculation of a gradual BoE easing cycle is that the economy is performing better than previously expected and the fact that inflation in the services sector remains high. In the UK economic calendar next week, investors will focus on the Employment data for the quarter ending in July and the monthly Gross Domestic Product (GDP) data for July. Both of these figures could be key to determining what the BoE will decide to do with interest rates when it meets later this month. 📊Technical Analysis The NFP pullback is approaching the 1.308 support zone. The uptrend is still strong with a possible retracement to the 1.0 Fibonacci around the 1.301 zone to bounce back to wave 5 and complete the bullish wave pattern. 1.334 would be a nice Fibonacci resistance zone where we can look at the reaction to execute the SELL signals. In the opposite direction, the Dow breakout of wave 1 formed a strong support level around 1.288. The EMA 34 is gradually decreasing in slope compared to the EMA 89, showing that the market structure is leaning towards the upside but not as strong as last week. Support: 1.301-1.299 Resistance: 1.322- 1.334 🕯Trading Signals BUY GBPUSD: 1.301-1.299 Stoploss 1.297 BUY GBPUSD: 1.288-1.286 Stoploss 1.284 SELL GBPUSD 1.334-1.336 Stoploss 1.338
by TVS-Trader
NZD/CHF Long and EUR/NZD ShortNZD/CHF Long Minimum entry requirements: • Tap into area of value. • 1H impulse up above area of interest. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/NZD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it. NZD/CHF Long Long Minimum entry requirements: • 1H impulse up above area of interest. • If tight 5 min continuation follows, reduced risk entry on the break of it. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
by StewySongs
Premium Long Trade Setup: DUSKUSDTToday, I’m excited to share our premium long trade setup for DUSKUSDT. Let’s start by focusing on the critical $1.45 support level, where we observed a clean rejection of the 161.8% Fibonacci support. This rejection is a strong positive signal, indicating a potential trend reversal for DUSK. Currently, we see the completion of a 5-wave move to the upside, which confirms that this rally is not merely an ABC correction. With the 5-wave structure complete, it’s logical to anticipate an ABC correction to the downside. We’ve strategically placed our buy limit order at $0.2211, offering a robust 1:3 risk-reward opportunity. Additionally, we’ve set three upside targets. Upon reaching the first target, we plan to secure 50% of the profit and simultaneously eliminate the trade’s risk. This approach allows us to manage the trade with confidence, knowing that we’re in a strong position for potential gains. Let’s monitor this setup together and enjoy the process. Happy trading!
Long
by CryptoPAMM
AUD/CAD Long, EUR/USD Short and EUR/NZD ShortAUD/CAD Long Minimum entry requirements: • Tap into area of value. • 1H impulse up above area of value. • If tight 5 min continuation follows, reduced risk entry on the break of it. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/NZD Short Minimum entry requirements: • Tap into area of value. • 1H impulse up above area of value. • If tight 5 min continuation follows, reduced risk entry on the break of it. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
by StewySongs
GBPUSD analysis week 36 🌐Fundamental Analysis The British Pound (GBP) extended its two-day losing streak and hit a fresh intraday low below 1.3150 against the US Dollar (USD) in the North American session on Friday. The GBP/USD pair failed to gain as the US Dollar strengthened following the release of weaker-than-expected US Personal Consumption Expenditures (PCE) Price Index data for July. The US Dollar Index (DXY), which tracks the value of the Greenback against six major currencies, surged above 101.50. The impact of PCE inflation data is traditionally high as it is the Federal Reserve’s preferred inflation measure for making interest rate decisions. This time, the impact of core inflation data is expected to remain limited to market speculation on the Fed’s rate cut path this year. Currently, financial market participants expect that the Fed will almost certainly start cutting interest rates in September. However, signs of rigidity in price pressures from PCE inflation data have reduced bets supporting the Fed to start a strong policy easing cycle. 📊Technical analysis As analyzed last week, GBPUSD has retreated when it reached a strong resistance zone. The retreat may continue next week to attract buyers to push the price up further. In fact, GBPUSD is in a strong uptrend. On the D1 time frame, the EMA 34 is sloping up sharply compared to the EMA 89, indicating that the market structure is leaning towards the upside, the retreat is only pushing the price up in the near future. The nearest trading range is around 1,300-1,327. These are two strong resistance and support zones and also the price range where investors can enter orders. With a perfect retracement it is possible to push the price to the old peak around 1.342 and the strongest retracement is supported at 1.284. Resistance: 1.327-1.342 Support: 1.300-1.284 🕯Trading Signals SELL GBPUSD zone 1.327-1.329 Stoploss 1.331 BUY GBPUSD zone 1.300-1.298 Stoploss 1.296
by TVS-Trader
Gold Analysis August 29Fundamental Analysis Gold prices recovered some of their losses on Thursday after bouncing off a weekly low below $2,500. Expectations of a U.S. interest rate cut could boost demand for gold as lower rates reduce the opportunity cost of holding non-yielding bullion. In addition, the current political uncertainty in the U.S., geopolitical tensions in the Middle East and global economic concerns have contributed to the rise in the precious metal. On the other hand, renewed demand for U.S. dollars could weigh on gold, which is priced in dollars, as it makes gold more expensive for most buyers. Investors will be closely watching Thursday’s second estimate of U.S. second-quarter (Q2) gross domestic product for more information on the size and pace of the Federal Reserve’s rate cuts. On Friday, the US Personal Consumption Expenditures (PCE) Price Index data for July will be in focus. Technical Analysis In the Swiss session, gold pushed to the 2416 zone when it failed to break the resistance level of 2521. Considering that the European session can push back above 2551, we can consider retest buy orders and keep the buy order if the 2421 zone is broken. If the European session cannot push above 2421, we can SELL to the 2511 zone and catch BUY again around 11-09 when the session fails to break this zone and keep the order until the end of the US session. In case of a break on 11-09, we wait for support zones to buy scalp such as 2503-2495 and buy strongly when the price reaches 2585. SELL zone 2527 - 2525 stoploss 2531 SELL zone 2548 - 2550 stoploss 2554 BUY zone 2510 - 2508 stoploss 2504 BUY zone 2485- 2483 stoploss 2480
OANDA:XAUUSD
by TVS-Trader
Gold analysis asian session august 29Gold structure in the Asian session on August 29. After bouncing from the support zone of 2495 as analyzed yesterday. Gold was strongly pushed back above yesterday's resistance zone of 2511. The 2511 zone unexpectedly became an important support zone of today's session and then the resistance level of 2518 became a trading price range for gold in the Asian session to the European session. With the strong pulling force here, it can be seen that gold is ready to create a new ATH today if gold does not have the pulling force to the 2485 area. Pay attention to trading in the 2818-2511 zone in the Asian session
OANDA:XAUUSD
by TVS-Trader
GBPJPY trading signals✍️DCA stands for Dollar Cost Averaging - which means averaging the price, simply put, it is when a trader buys an asset many times at different prices. ✍️This is a very popular strategy in finance and cryptocurrencies. The main purpose of the averaging strategy is to effectively minimize investment risks. And increase profits when the market is trending. 🤑🤑In the GBPJPY signal, we had a positive DCA when the price broke out of the DOW zone and the resistance zone at 190.700. The DCA point went in the right direction and brought great profits for the two signals.
by TVS-Trader
Gold Analysis August 28☘️Fundamental Analysis Gold prices lost steam amid a modest recovery in the US dollar (USD) on Wednesday. However, escalating geopolitical tensions in the Middle East could help limit losses. In addition, US Federal Reserve (Fed) Chairman Jerome Powell's speech at the Jackson Hole symposium last week, signaling that it was "time" to start cutting interest rates, could support the precious metal as it reduces the opportunity cost of holding non-interest-bearing assets. Investors will pay closer attention to speeches by Fed officials Christopher Waller and Raphael Bostic on Wednesday for some hints on the path of US interest rates. Attention will also turn to preliminary data on US annualised GDP for the second quarter (Q2) and the Personal Consumption Expenditures (PCE) price index, due on Thursday and Friday. Better-than-estimated results could lift the US Dollar (USD) and limit upside in USD-denominated Gold prices. ☘️Technical analysis Gold is retreating from the closing level of 2424, currently gold is approaching the important area of ​​2509. When breaking this area, lower areas can pay attention to trading in the European session around 2503-2495. Today, the main plan is to wait for buying to break ATH. On the contrary, if the price pushes to 09 and does not break, you can buy in the 09 area. If you cannot break this area in the European session, you can close the order. The candle closes above 2020 after the European session ends, consider finding a recovery point for DCA to buy the target to break ATH. Wish you a successful transaction. SELL scalp zone 2530 - 2532 stoploss 2536 SELL zone 2545 - 2547 stoploss 2551 BUY scalp zone 2496 - 2494 stoploss 2490 BUY zone 2485- 2483 stoploss 2480
OANDA:XAUUSD
by TVS-Trader
2
XAU is down slightly but still in bullish territoryGold prices surged after Federal Reserve Chairman Jerome Powell spoke. While buyers also are careful approximately how hawkish the Fed will be Caution and profit-taking strain can be elements that save you gold from persevering with to rise. However, many latest forecasts display that the medium and long-time period fashion of gold continues to be pretty bright. Demand for this commodity is forecast to growth. Major finances withinside the global also are growing their gold reserves According to technical analysis, gold charges nevertheless generally tend to growth strongly withinside the quick time period
OANDA:XAUUSD
by NicoTradingMaster
2