#TradeIdea
All Eyes on XBRUSD!
⚡️ On the H4, XBRUSD is in a correction after a robust downtrend. The price faces the crucial 73.00 resistance, aligned with the 38.2 Fibonacci ratio.
The Parabolic SAR pointed the dot above the price, potentially signaling a continuation of bearish momentum, however, the MACD oscillator crosses the 0-line upwards, which gives us mixed sentiment with the potential scenarios:
🔼 If the bulls push the price above the 73.00 resistance, it will open the way to 76.00;
🔽 However, a rebound from the 38.2 Fibonacci ratio will bring Brent back to 68.70.
GBPUSD, 15-minute timeframe chart
GBPUSD rebounded from the support level of 1.32000
👉General outlook
GBPUSD has been trading in a bullish trend within the last day.
👉Possible scenario
The best way to use this opportunity is to place a Buy order at 1.32220.
Set your stop loss at 1.31981 below the previous low ($2.39 loss for 0.01 lot) and take profit at 1.32459 ($2.39 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
The upcoming news will not influence your orders within the mentioned period.
ALL THE WAY TO TP1//28pips✅
Let’s CLOSE our profit now and set breakeven if you wish to hold now‼️
We focus on scalping traders🔥🔥🔥
Mashallah Trader!😎
Morning! Keep your eyes on the prize today stay focused on your goal, and every effort will move you closer to achieving it.⚡️
As-salamu alaykum
Unmute & Pin This Channel‼️
#TradeIdea
XAGUSD Update!
🕯 On the H4, XAGUSD formed a descending channel pattern in a short-term decline. The price reached the trend line, testing the upper Bollinger line. However, Momentum rose above 100.0.
🔼 If Silver breaks the upper trendline above 28.800, the target will be 29.500;
🔽 A rebound from the trendline will drop XAGUSD to 27.900;
Smash analysts!
Nice trade guys! our sell trade running in profit now 20pips+🙂↕️🎊
close half profit & set breakeven now, we recover slowly ya!
#Booming 💥 💥 💥 💥
Sell Gold @2485.5-2489.5
Sl :2491.5
Tp1 :2484
Tp2 :2481
Enter Slowly-Layer with proper money management
Do not rush your entries
Here we go, Gold Hit Tp2 46+pips. Enjoy your profit everyone 📦
Close all position in profit & if you want hold set breakeven now 🏆
📊 EURUSD is waiting for a series of U.S. reports this week
On Monday, the euro (EUR) rose by 0.23%, consolidating above the support level of 1.10500. This week, many U.S. reports will determine the further movement of all U.S. dollar (USD) related pairs.
👉 Possible effects for traders
After the previous month, Federal Reserve (Fed) Chairman Jerome Powell supported the imminent start of rate cuts in response to concerns about the weakening labour market. According to the CME FedWatch tool, markets are pricing in a 69% chance of a 25-basis-point (bps) rate cut at the next Fed meeting on 17 – 18 September, with a 31% probability of a 50-bps cut.
Brown Brothers Harriman's global head of market strategy, Win Thin, said data last week confirmed what markets already knew. ‘That is, the U.S. economic growth remains robust, driven by strong consumption, even as disinflation continues slowly but surely’. He added that ‘We are in a Goldilocks moment right now, and so we continue to believe the Fed will start cutting rates this month in a very gradual manner’.
EURUSD decreased by 0.16% in the Asian trading session, and it seems ready to test the support level of 1.10500 again. The pair now moves sideways and awaiting a strong impulse from today's U.S. Manufacturing Purchasing Managers' Index (PMI) report at 2:00 p.m. UTC. If the data is stronger than expected, EURUSD may decrease towards 1.10000. Otherwise, the pair may rise towards the resistance level of 1.11000.
#TradeIdea
#NZDUSD Can Rise!
📈 In the H4 timeframe, the NZDUSD pair formed a descending channel pattern, and the price broke the upper trend line. On the Ichimoku Kinko Hyo Tenkan has crossed up Kijun, and the price has risen to the upper boundary of the cloud.
🔼 Trade: Buy NZDUSD on a breakout above 0.6200;
🎯 TP1: 0.6235;
🎯 TP2: 0.6290;
Hit bullish on NZDUSD!
TP SMASHED 30PIPS LET’S GOOO✅
Let’s CLOSE our profit now and set breakeven if you wish to hold now‼️
Nonstop smashing TP
Unstoppable
GOLD SELL 2584.2-2588.2
Sl :2590.2
Tp1 :2582.7
Tp2 :2580
Enter Slowly-Layer with proper money management
Do not rush your entries
🚀 EURUSD is in an uptrend, but tension rises ahead of Fed rate cut decision
The euro (EUR) was essentially unchanged against the U.S. dollar (USD) on Friday despite reports that the Federal Reserve (Fed) may be willing to cut its base rate by 50 basis points (bps) later this week.
👉 Possible effects for traders
There is no doubt that the Fed will reduce its interest rate at the 18 September meeting, but there is still a large degree of uncertainty about the size of the cut. According to the CME FedWatch Tool, traders have priced in a 59% probability of a 50-bps rate reduction and a 41% probability of a smaller 25-bps rate cut. Wall Street Journal and Financial Times reported that a more significant reduction was still an option for the U.S. central bank and that former Fed officials were arguing for an ‘outsized cut’. At the same time, Friday's U.S. Consumer Sentiment report came out higher than expected, rising to a four-month high in September and raising doubts about the size of a reduction. Overall, the uneasiness may continue haunting the markets until the Fed provides clear guidance this Wednesday.
Meanwhile, the European Central Bank (ECB) has already indicated that it doesn't intend to cut the rates too hastily. Thus, the divergence in monetary policy expectations between the ECB and the Fed continues to favour the euro. Interest rate swaps market data implies that traders currently expect the Fed to be two times more dovish than the ECB over the next 12 months.
EURUSD was rising during the Asian and early European trading sessions. Today's macroeconomic calendar doesn't feature any significant market-moving events, so volatility may remain low. Traders will likely avoid opening large positions ahead of the highly anticipated Fed decision this Wednesday.
AUDUSD, 15-minute timeframe chart
AUDUSD retested the resistance level of 0.67320
👉Level explanation
AUDUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 0.67320.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 0.67270.
Set your stop loss at 0.67420 above the previous high ($1.50 loss for 0.01 lot) and take profit at 0.67120 ($1.50 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
📝Fundamental factors
The U.S. ISM Services Purchasing Managers' Index report will be released in a few hours and could affect this trade.
Hello, traders! 🥳
Start your day with determination and a clear plan. 🚀
Remember, every setback is a setup for a comeback.
Let’s tackle the market with resilience and drive today‼️
Unmute and pin my channel now
#TradeIdea
#XAGUSD: What's next?
🥈 On the H4, XAGUUSD formed a falling wedge pattern, falling to 61.8 Fibonacci. Price tests a critical support area, with DeMarker indicating a significant oversold condition.
🔽 If the price breaks the support at 27.900, the fall will be to 27.300;
🔼 A break of the upper trendline will take Silver back to 28.800 resistance;
❓ What do you think XAGUSD is bullish or bearish today?
Round 1 INSTANT TP1//25pips✅
Let’s CLOSE our profit now and set breakeven if you wish to hold now‼️
What a great way to start our day🔥🔥🔥
#Booming 💥 💥 💥 💥 💥
Don’t Rush The Process, Trust The Process ☝🏻
#GoodMorning!!
Don't easily give up, every time we fall, we will definitely get back up. Everything will work just fine when we trust and believe ourselves.
Set your mind to be successful like others. Just take the first step 😇
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#Alhamdulillah
Gold hit Tp1, right on the money! 21+pips 🪙
Now's your moment to lock in those profit gains! 🔑
📊 Gold declines amid stronger U.S. dollar and rising Treasury yields
Gold (XAU) declined by 0.21% on Tuesday, weighed down by a stronger U.S. dollar (USD) and rising U.S. Treasury bond yields.
👉 Possible effects for traders
Gold remained below $2,500 per ounce on Monday, extending its pullback from last week's record highs. However, expectations that the U.S. Federal Reserve (Fed) will cut interest rates in September could support the precious metal. Lower rates reduce the opportunity cost of holding non-yielding assets like gold, making it more appealing to investors. According to the CME FedWatch tool, markets are now pricing in a nearly 69% chance of a 25-basis-point (bps) rate cut by the Fed in September, with a 31% chance of a 50-bps reduction.
Additionally, ongoing geopolitical tensions in the Middle East may increase demand for safe-haven assets, including the yellow metal. On Monday, protests erupted across Israel due to the government's inability to secure a ceasefire-for-hostages deal with Hamas. Overall, global political instability pushes XAUUSD higher as investors seek safety.
XAUUSD fell in the Asian trading session. Today, investors should focus on the U.S. Manufacturing Purchasing Managers' Index (PMI) report due at 2:00 p.m. UTC. A higher-than-expected number will put downward pressure on XAUUSD, while lower-than-anticipated figures might suggest a bullish outlook for the gold. ‘Spot gold may test support at $2,473 per ounce, a break below which could open the way towards $2,434’, said Reuters analyst Wang Tao.