Akfx369

Akfx369

As we bid farewell to last week, the markets witnessed a long bearish trend, with gold hitting its lowest point in seven months. The resounding question now: will this bearish momentum persist in the days ahead? 🔍 Key Observations: 1️⃣ Long Bearish Weekly Candle: The week closed with a prolonged bearish trend, signaling caution in the market. 2️⃣ Gold at a...

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🌟 Key Takeaways for XAUUSD - Last Week of September 🌟 📉 Bearish Start: The first three days brought a bearish sentiment, with prices falling from $1920 to $1875. 💰📉 📊 Crucial Support Zone: Currently, Gold is trending at the important and long-term support zone of $1875. This level holds significant importance for future price movements. 🤝🔍 💼 Market Movers...

Akfx369

The Forex market is often likened to a vast and unpredictable sea 🌊, teeming with opportunities for those who dare to venture into its depths. In this ever-changing ecosystem, traders and investors are like the diverse array of fish species 🐠🦈 that call the ocean home. Just as each fish species has its own unique characteristics, traders and investors in the Forex...

Akfx369

Traders, let's embark on a journey through the tumultuous waves of GBPUSD as we analyse the week ahead. Here's what you need to know: 1️⃣ Falling Wedge Unveiled 📉 In the grand tapestry of charts, GBPUSD has painted a falling wedge pattern over the last three months. It's a pattern that often signifies a brewing storm in the market. 2️⃣ Bearish Q3 Saga 🐻 The...

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Hello, traders! It's time for our weekly dive into the world of the Dollar Index (DXY). September has been a remarkable month for DXY, and here's what you need to know for the upcoming week: 📈 Rising Q3 Triumph 🚀 DXY has been on fire in the third quarter, marking a superb bullish run throughout September. The greenback has been flexing its muscles in the forex...

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Traders, it's time for our weekly journey into the exciting world of EURJPY! September has been a sideways adventure, but here's what you should know for the week ahead: 📊 September Sideways Stroll 🚶‍♂️ Throughout September, EURJPY has been in a sideways dance, with prices oscillating between the 157 to 158 range. It's been a period of consolidation and...

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Hello traders! Let's dive into a comprehensive analysis of XAUUSD for the upcoming week, keeping these key points in mind: 1️⃣ Mighty Resistance Zone: The spotlight is on XAUUSD's current battle with a formidable resistance zone, stretching from 1934 to 1949. This area was once a trusted support but has now morphed into a robust barrier. 2️⃣ Support Turned...

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Traders, it's time for our weekly analysis of the USDJPY pair! Here's what's been happening and what to watch for in the upcoming week: 1️⃣ September Bullish Trend 🐃 Historically, September has favoured a bullish run for USDJPY. The pair tends to see increased demand during this month, making it an interesting one to watch for potential opportunities. 2️⃣ Strong...

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As the trading week draws to a close, all eyes are on the mesmerizing dance of gold - XAUUSD, currently standing at $1928. 💰✨ September has been nothing short of a rollercoaster ride for the gold market, with notable bearish rejections during the NFP (Non-Farm Payrolls) on September 1st and the FOMC (Federal Open Market Committee) meeting on September 20th....

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🔍 Market Update: EURAUD 📈 Current Price: 1.6632 After a month of downtrend, EURAUD is showing signs of reversal! 🚀 It's all about timing in the forex world, and we've got you covered. 🔮 Our Analysis: 📉 Expect a brief down retracement to the 1.655 area before the bulls take charge 🐂. The up rally is on the horizon, with a target of 1.675! 🎯 📊 Time to plan your...

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Traders, hold onto your seats because the Gold market (XAU/USD) is poised for a high-impact showdown! 🌟💱 As of now, XAU/USD is trading at $1932, but here's where it gets interesting: 🔒 Strong Resistance at $1939: The price is currently facing a formidable resistance level at $1939. Bulls and bears are gearing up for a battle to determine the market's next...

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clearly shows a falling indicator is on the card, price may go higher near 1926 to take more bearish power before making their strong bearish ride,

Akfx369

The pound against the Dollar faced a bearish momentum last week, a price zone of 1.24 again proved a strong resistance for this pair and sent down the price s from 1.24 to 1.20 last week, Here is also the same reason we are seeing the weekend Pound and strong dollar behind the last week's sellers The day chart displays a breakout trade during the last week out...

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EURUSD bulls tried to go past the 1.10 price mark last week, but it faced strong resistance in the new high at 1.10 , then it closed the week at the price of 1.079 due to the strength gained by the US Dollar because of the FOMC and NFP new reports last week, and if you look at the picture, It was clearly a breakout trade of a rising wedge pattern in a weekly...

Akfx369

Gold against the Dollar pair had a good bullish run in January 2023, price action displayed a majestic bull run all the way from 1800 to the 1950 price mark, but 1950 behaves as a supply zone and it starts to push the price downwards currently price may look to retouch a demand zone waiting down , but last week closing price 1865 behaving as a considerable support...

02:04

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XAUUSD /Gold against Dollar, Midweek analysis Gold is regaining ground on bids above $1,700 as investors prepare for the release of the US Consumer Price Index (CPI) data on Thursday. A typical sense of calm prevails ahead of the release of American top-tier data, which is expected to have a significant market impact. According to the Weekly chart we can...

01:24

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Dear traders Here i am sharing my view of USDCAD pair Monthly chart suggest it has got a strong resisitance at 1.40 price zone, and the october month candle clearly indicates a revesrsal , Weekly outlook have seen a new low after 5 weeks in USDCAD pair, 1.34 price zone is prone to break now, if this zone get broken then 1.30 price zone become vulnerable We can...

01:05

Akfx369

Hi traders, I am very much excited to share my analysis of the EURUSD pair on the first week of November, I made this analysis after the FOMC meeting on 03 rd November 2022, EURO against the Dollar pair touches the 5 Weeks high on 27 th October at the closest price level of 1.1000, The bearish outlook continues right from the month’s end and it continues...