#GBPUSD BUY

[forexindicatorcashpowerdownload]

Forex Trading MT4 double buy entry #GBPUSD H1 Chart.

Official Website: wWw.ForexCashpowerIndicator.com . Cashpower Indicator Lifetime license one-time fee with No Lag & Non Repaint buy and sell Signals. ULTIMATE Version with Smart algorithms that emit signals in big trades volume zones. . ✅ NO Monthly Fees ✅ NON REPAINT / NON LAGGING 🔔 Sound And Popup Notification 🔥 Powerful & Profitable AUTO-Trade Option . ✅ ** Exclusive: Constant Refinaments and Updates in Ultimate version will be applied automatically directly within the metatrader 4 platform of the customer who has access to his License.** . ( Ultimate Version Promotion price 60% off. Promo price end at any time / This Trade image was created at XM brokerage. Signals may vary slightly from one broker to another ). . ✅ Highlight: This Version contains a new coding technology, which minimizes unprofitable false signals ( with Filter ), focusing on profitable reversals in candles with signals without delay. More Accuracy and Works in all charts mt4, Forex, bonds, indices, metals, energy, crypto currency, binary options. . 🔔 New Ultimate CashPower Reversal Signals Ultimate with Sound Alerts, here you can take No Lagging precise signals with Popup alert with entry point message and Non Repaint Arrows Also. Cashpower Include Notification alerts for mt4 in new integration. . 🛑 Be Careful Warning: A Fake imitation reproduction of one Old ,stayed behind, outdated Version of our Indicator are in some places that not are our old Indi. Beware, this FAKE FILE reproduction can break and Blown your Mt4 account.

[googleblogs123]

Forex Trading Strategies: Navigating Market Trends Amid Economic Shifts

Forex traders need adaptable strategies to thrive in unpredictable market conditions. This post focuses on forex trading methods such as scalping, market trend analysis, and risk management.

Gold is currently experiencing bearish momentum, with RSI divergence suggesting further declines. While short-term pullbacks may occur, traders can capitalize on these movements with scalping strategies aimed at price dips.

Silver’s price action shows a pullback, but the overall market remains bearish. RSI and MACD signals hint at potential for a temporary rally. Scalping traders should focus on short-term selling opportunities.

The U.S. dollar continues to strengthen as inflation fears delay potential rate cuts. The DXY index reflects this, offering opportunities for traders to go long on USD pairs, including USDJPY and USDCHF.

GBPUSD is maintaining a bearish trend, with minimal resistance to further declines. Short-term pullbacks could offer opportunities for scalping, but the long-term outlook remains negative.

The Australian dollar is showing consolidation, lacking clear direction. Traders should wait for a breakout before entering positions, using proper forex risk control measures to manage volatility.

NZDUSD is in a downtrend, with RSI suggesting a possible short-term reversal. However, the broader trend remains bearish, offering short-term selling opportunities for scalpers.

EURUSD remains weak, with both RSI and MACD signaling further declines. Scalping traders can take advantage of short pullbacks while keeping a bearish outlook.

USDJPY continues its bullish momentum, supported by strong buying pressure. Traders should use caution and manage risk, looking for potential overbought signals.

USDCHF is moving upward, but a pullback seems likely. Traders can capitalize on small price movements through scalping strategies while managing risk.

USDCAD shows signs of a potential pullback after an uptrend. Traders should wait for confirmation and use forex signals to time entries and exits effectively.

With effective forex trading methods like scalping, market analysis, and risk control, traders can adapt to market fluctuations and maximize profits.

[badarunisath]

@Gold Buy Now  🔵🔵🔵

@ 2517.50

CL : 2511

TP1 : 20 - 30 Pips

TP2 : Open ✅

#Gold #GBPJPY #GBPUSD #gbpaud #GBPJPY

#foressignals #forexnews

JOIN OUR FREE TELEGRAM CHANNEL 📊👇👇👇

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[afroditando]

Spot Gold Trading on Forex Can Be Profoundly Profitable

Have you at any point given a gold ring to your companion as a badge of your genuine romance? Gold has been the most precious metal from the beginning of human progress. Being a definitive cash and a definitive store of significant worth in times of political uncertainty is as yet considered. Throughout the previous decade, the gold market is in a common upswing with the spot prices having as read more here of late penetrated the historical hindrance of $1,200 per official ounce. After that there was a retracement and the prices came down to around $1,100 per ounce however this upturn is supposed to go on for sometime.

In the last decade, numerous investors turned towards forex after the historic accident in the stock market. Numerous little investors lost more than 60-70% of their saving accounts in the stock market slump. Presently, forex is an incredible money making an open door. It is being said that forex trading will make a huge number in this decade.

Many individuals don't have a clue about this that you can trade gold on forex as well. Numerous forex broker stages that you use to trade forex, allow trading of gold and silver against the US Dollar (USD) from a similar stage. Both these precious metals have popularity in the modern area and as the global economy recuperates from the downturn, the prices of gold and silver are supposed to skyrockets as modern production gets and shoppers start buying once more. At the point when you trade a money pair, you go long on one cash and short on the other. At the end of the day, you basically buy one and sell the other.

In case of spot gold trading on forex, you trade one ounce of gold in the spot market against the US Dollar (USD). So very much like when you trade a money pair, when you trade gold on forex, you are taking either a long or a short situation in gold against USD. There are numerous money pairs that you can trade like the GBPUSD, EURUSD, UADUSD, NZDUSD, JPYUSD. Spot trading gold on forex is practically comparative with gold supplanting one cash in the pair and the other money is consistently USD.

Thus, in spot gold trading on forex, you are trading one official ounce of gold against USD. Strangely the image for this is additionally XAUUSD with XAU addressing one ounce of gold. Presently, assume the price statement in the spot market is 1100 XAUUSD. This means one official ounce of gold in the spot market right presently is equivalent to $1,100 USD.

Very much like some other financial market, the price statement in the gold spot market has an offered/ask spread. So assuming the price statement is 1110/1115, it implies that you can sell one official ounce of gold in the spot market for $1,110 and buy one official ounce of gold at $1,115 meaning you should pay a spread of $5 per official ounce while trading in gold in the spot market.Spot gold trading on forex is a quick market and the spread continues to change over the course of the day.

[sepblogs1211]

Trump Tariffs Impact Global Markets: Gold, Dollar, and Currencies

MARKET OVERVIEW

On February 2, 2025, President Trump imposed tariffs on imports from Canada, Mexico, and China, set to take effect on February 4. The tariffs include a 25% levy on most goods from Canada and Mexico, along with a 10% tariff on energy products from Canada and various imports from China. In retaliation, Canadian Prime Minister Trudeau and Mexican President Sheinbaum announced equivalent tariffs on U.S. imports. This has sparked fears of a trade war, impacting global markets.

Gold and the Dollar: Market Shifts

Gold, having reached a record high of 2817.100, faced a pullback below 2789.390, testing key support levels like the EMA200. Despite this, we maintain a bullish outlook, expecting further upside. However, the dollar’s surge due to tariff concerns poses a challenge to gold’s rally. Quantitative forex models indicate that the market is adjusting to these tariff measures, with the U.S. dollar gaining strength. The regulated MetaTrader platforms reflect this shift as the MACD shows increasing volume, and RSI suggests continued selling pressure. Nonetheless, institutional investors are likely to hedge against dollar risks by increasing gold positions.

Silver: Risk-Hedging in Action

Silver is expected to remain subdued until gold reaches new highs. The compounding forex profits approach can be applied here, as market conditions indicate further buying potential once gold pushes higher. The MACD suggests continued downward pressure, but banks may shift to silver as a safe haven in case gold hits $3,000 per ounce.

DXY and the Dollar’s Rise

The DXY index surged after Trump’s announcement, strengthening the dollar. The tariffs have fueled inflationary pressures, increasing the dollar's appeal. Hedging with multiple currencies has become a common strategy for investors managing the risk of a strong dollar. The MACD and RSI both show strong buying momentum, signaling further strength in the U.S. dollar.

Currency Pairs: USD and Beyond

GBPUSD: The pound is consolidating despite dollar strength. The MACD and RSI indicate downside momentum, signaling potential for further declines.

AUDUSD: The Australian dollar has seen sharp drops against the dollar, consistent with global inflationary pressures. Forex scalping automation may present opportunities to capitalize on these drops.

NZDUSD: While growth is evident in some markets, traders should avoid chasing moves without solid strategy. The expectation is that the dollar will continue to push prices lower due to tariff effects.

EURUSD: The Euro is holding up better than most, but selling pressure remains. The market shows potential for re-entry into short positions once price gaps are filled.

USDJPY: The yen failed to break key levels, shifting to a more bullish bias. The growing momentum is reflected in both the MACD and RSI, suggesting further strength for the yen.

USDCHF: The Swiss Franc has shown stability, continuing to rise with increasing buying momentum. Traders are advised to wait for pullbacks before entering positions.

USDCAD: The Canadian dollar is seeing significant buying pressure, impacted by the tariffs. It is expected to continue its rally with little resistance. Traders can maintain long positions, utilizing compounding forex profits strategies to maximize returns.

COT REPORT ANALYSIS

AUD - WEAK (5/5)

GBP - WEAK (4/5)

CAD - WEAK (4/5)

EUR - WEAK (4/5)

JPY - WEAK (1/5)

CHF - WEAK (5/5)

USD - STRONG (4/5)

NZD - WEAK (4/5)

GOLD - STRONG (5/5)

SILVER - STRONG (4/5)

[accapitalmarket]

UK Stocks Hit New High, GBPUSD Steady

UK blue-chips hit new highs on Thursday as investors digested a big batch of corporate earnings, as well as interest rate decisions from the European Central Bank (ECB) and, overnight, by the US Federal Reserve.

After the Fed, as expected, kept its monetary policy unchanged on Wednesday night, the ECB reduced its key interest rate by 25 basis points to 2.75%, also as anticipated, on the back of figures showing the eurozone economy flatlined late last year.

UK100Roll Daily

Meanwhile, Fed chair Jerome Powell dialled back the hawkish tone taken on inflation in the US central bank’s latest policy statement. In his post-meeting press conference, Powell clarified that the change in statement language was not a signal, adding that the Fed sees no cause to adjust rates again until data shows risks to the job market or a fresh drop in inflation.

US data on Thursday saw fourth-quarter economic growth miss expectations, with gross domestic product up by 2.3% over the final three months of 2024, a marked slowdown against the 3.1% seen over the third quarter, and lower than analysts’ expectations of 2.7%.

Meanwhile, US initial jobless claims dropped by 16,000 to a seasonally adjusted 207,000 for the week ended January 25, well below forecasts for 220,000 claims.

On foreign exchanges, sterling was mixed, gaining 0.08% to 1.2461 versus the US dollar after the hawkish Fed statement on inflation, but slipping 0.01% against the euro to 1.1948 following the ECB news.

GBPUSD H1

US stocks were higher in morning trading on Thursday as investors assessed Jerome Powell’s less hawkish comments, as well as quarterly earnings reports last night from Big Tech companies, including Tesla, Microsoft, and Meta Platforms, with iPhone maker Apple due to report after the Wall Street close on Thursday.

At the stock market finish in London, the FTSE 100 index was up 1.1% at 8,646, a closing high and just below a new all-time peak at 8,655, having breached the 8600 level for the first time ever. Meanwhile, the FTSE 250 index jumped 1.2% to 20,805.

Precious metals miners Endeavour Mining jumped 7.2% after it reported solid 2024 production results. The boost also came after gold prices hit a record high.

The busy day for blue-chip earnings also saw Shell add 2.6% as the oil major maintained its US$3.5 billion pace of share buybacks despite weaker-than-expected fourth quarter earnings, which reflected write-offs in its exploration business and lower crude prices.

Wealth manager St James’s Place added 10.2% as it saw its assets under management hit a record last year, with 2024 net inflows of £4.33 billion, after the fourth quarter brought in £1.5 billion.

Airtel Africa gained 9.0% as the mobile telecoms firm reported a strong third-quarter operating performance and launched a second $100 million (£80 million) share buyback.

But BT Group shed 1.6% as the telecoms giant said third-quarter revenues had fallen amid weaker phone sales and a struggling business unit.

And Sage Group shed 0.6% as the accounting software firm only maintained its revenue forecast for fiscal 2025 even after posting 10pc growth in first-quarter underlying revenue.

Elsewhere, FTSE 100-listed discount airline easyJet rose 4.3% and British Airways-owner IAG added 1.2%, supported by London airports expansion plan hopes.

But Wizz Air dropped 5.5% as the FTSE 250-listed group cut its annual net income forecast for the second time in six months, as it grapples with rising costs related to the grounding of planes due to engine problems and economic uncertainties.

Meanwhile, on AIM, Fevertree Drinks jumped 20.2% after signing a long-term strategic partnership in the US. As part of the deal, brewer Molson Coors is to buy an 8.5pc stake in the posh tonic firm for £71 million in cash, with the proceeds set to be returned to shareholders via a share buyback programme.

Disclaimer:

The information contained in this market commentary is of general nature only and does not take into account your objectives, financial situation or needs. You are strongly recommended to seek independent financial advice before making any investment decisions.

Trading margin forex and CFDs carries a high level of risk and may not be suitable for all investors. Investors could experience losses in excess of total deposits. You do not have ownership of the underlying assets. AC Capital Market (V) Ltd is the product issuer and distributor. Please read and consider our Product Disclosure Statement and Terms and Conditions, and fully understand the risks involved before deciding to acquire any of the financial products provided by us.

The content of this market commentary is owned by AC Capital Market (V) Ltd. Any illegal reproduction of this content will result in immediate legal action.

[forexbankliquiditypro]

🚀 Forex Bank Liquidity: Signal Performance Update!

🌟 VIP & Free Signals Performance 📅 Date: December 16 — December 20, 2024

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Total Signals: 7

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Losing Signals: -80 Pips

Net Gain: +480 Pips 🎯

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[smartfx]

Daily Market Analysis | Smartfx

EURUSD

Bias:Bearish

We look to Sell at 1.1025 with target prices of 1.0944 and 1.0910, and a stop price of 1.1065

Confidence: 40%

Technical Analysis

After strong selling pressure at the start of the week the pair consolidated yesterday with little net change and all price action within the lower half of the previous day's range. Levels close to the 61.8% pullback level of 1.0944 found buyers. There is no clear indication that the downward move is coming to an end. There is scope for mild buying at the open but gains should be limited. The medium term bias is neutral.

Resistance 1

1.1025

Resistance 2

1.1075

Resistance 3

1.1209

Support 1

1.0944

Support 2

1.0896

Support 3

1.0778

GBPUSD

Bias:Bullish

We look to Buy at 1.3040 with target prices of 1.3240 and 1.3300, and a stop price of 1.2990

Confidence: 60%

Technical Analysis

The primary trend remains bullish. The previous swing low is located at 1.3000. We look for a temporary move lower. Preferred trade is to buy on dips. Bespoke support is located at 1.3040.

Resistance 1

1.3170

Resistance 2

1.3240

Resistance 3

1.3300

Support 1

1.3040

Support 2

1.2990

Support 3

1.2960

EURCHF

Bias:Bearish

We look to Sell at 0.9430 with target prices of 0.9335 and 0.9305, and a stop price of 0.9455

Confidence: 60%

Technical Analysis

Trading has been mixed and volatile. We look for a temporary move higher. The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.9430.

Resistance 1

0.9430

Resistance 2

0.9450

Resistance 3

0.9480

Support 1

0.9370

Support 2

0.9340

Support 3

0.9310

USDJPY

Bias:Bullish

We look to Buy at 146.55 with target prices of 152.00 and 155.15, and a stop price of 145.05

Confidence: 20%

Technical Analysis

Closed the day little net changed. Buying posted in Asia. We are trading at overbought extremes. A Fibonacci confluence area is located at 155.15. Preferred trade is to buy on dips.

Resistance 1

149.00

Resistance 2

152.00

Resistance 3

155.15

Support 1

146.55

Support 2

143.55

Support 3

141.65

Gold

Bias:Bearish

We look to Sell at 2637.5 with target prices of 2592.5 and 2582.5, and a stop price of 2655.5

Confidence: 60%

Technical Analysis

Short term bias has turned negative. Previous support level of 2635 broken. Previous support at 2635 now becomes resistance. The bearish engulfing candle on the 4 hour chart is negative for sentiment. 50 4hour EMA is at 2639.8. Preferred trade is to sell into rallies.

Resistance 1

2624.3

Resistance 2

2635.0

Resistance 3

2650.0

Support 1

2604.8

Support 2

2590.0

Support 3

2570.0

WTI

Bias:Bullish

We look to Buy at 73.07 with target prices of 77.92 and 80.00, and a stop price of 71.57

Confidence: 20%

Technical Analysis

Selling pressure from 79.09 resulted in all the initial daily gains being overturned. Intraday, and we are between bespoke support and resistance 73.07-77.92. Dips continue to attract buyers. The bias remains mildly bullish but there is scope for a move in either direction at the open. The medium term bias is neutral.

Resistance 1

77.92

Resistance 2

80.00

Resistance 3

88.00

Support 1

73.51

Support 2

73.07

Support 3

67.11

Disclaimer:

This email, including any attached analyses, data, and visual content, is shared with you "as is," without any guarantees, either expressed or implied. As a third-party broker, we wish to clarify that while the information originates from sources deemed reliable, such as materials under the Signal Centre brand managed by PIA-First (an entity regulated by the FCA, license FRN 787261), we do not provide any warranty for its accuracy or completeness. Furthermore, this communication should not be interpreted as investment advice, a recommendation, or an offer to engage in securities transactions. It is crucial for recipients to conduct their own due diligence, remain informed about current market conditions, and consider seeking advice from independent financial advisors before making investment decisions. Trading involves substantial risk, including the possibility of losses exceeding your initial investment. We urge caution and recommend consulting with a professional advisor to mitigate potential losses and navigate the complexities of financial markets responsibly.

Risk Warning:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not an indication of the future performance. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the SmartFX brand based on the legal requirements in his/her country of residence.

For further queries, please feel free to contact us.

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[forexindicatorcashpowerdownload]

Sell trade entry wave #GBPUSD H1 timeframe #Metatrader4 live.

Official Website: wWw.ForexCashpowerIndicator.com . Cashpower Indicator Lifetime license one-time fee with No Lag & Non Repaint buy and sell Signals. ULTIMATE Version with Smart algorithms that emit signals in big trades volume zones. . ✅ NO Monthly Fees ✅ NON REPAINT / NON LAGGING 🔔 Sound And Popup Notification 🔥 Powerful & Profitable AUTO-Trade Option . ✅ ** Exclusive: Constant Refinaments and Updates in Ultimate version will be applied automatically directly within the metatrader 4 platform of the customer who has access to his License.** . ( Ultimate Version Promotion price 60% off. Promo price end at any time / This Trade image was created at XM brokerage. Signals may vary slightly from one broker to another ). . ✅ Highlight: This Version contains a new coding technology, which minimizes unprofitable false signals ( with Filter ), focusing on profitable reversals in candles with signals without delay. More Accuracy and Works in all charts mt4, Forex, bonds, indices, metals, energy, crypto currency, binary options. . 🔔 New Ultimate CashPower Reversal Signals Ultimate with Sound Alerts, here you can take No Lagging precise signals with Popup alert with entry point message and Non Repaint Arrows Also. Cashpower Include Notification alerts for mt4 in new integration. . 🛑 Be Careful Warning: A Fake imitation reproduction of one Old ,stayed behind, outdated Version of our Indicator are in some places that not are our old Indi. Beware, this FAKE FILE reproduction can break and Blown your Mt4 account.

[googleblogs123]

Market Analysis: Optimizing Forex Trading Strategies

GOLD – Gold prices have held steady, recovering slightly from previous lows. As traders anticipate a potential rate cut announcement this Thursday, we foresee a possible reversal, especially as the dollar strengthens. In this scenario, scalping trading systems may provide profitable short-term opportunities by capturing price fluctuations as momentum shifts.

The MACD shows weakened buying strength, while the RSI suggests overbought conditions, signaling weak momentum for further upward movement. This indicates a higher likelihood of continued selling, but traders can use signal-based trading systems to manage entry and exit points more effectively, ensuring optimized trades.

SILVER – Silver prices continue to decline, demonstrating strong bearish momentum. Analysts anticipate further selling, with the MACD and RSI both confirming continued downward movement. Using Forex risk management strategies, such as stop-loss orders, will be crucial in navigating this bearish trend.

DXY – The dollar shows slight easing ahead of the expected rate cut. Both the MACD and RSI indicate increased selling momentum, suggesting a potential shift. Market expectations for aggressive rate reductions next year have dimmed due to inflationary concerns, adding to market uncertainty. As traders analyze these shifts, forex trend forecasting tools can assist in predicting the future direction of the dollar.

GBPUSD – The pound maintains a bearish outlook, though both the MACD and RSI show signs of gaining bullish momentum. Traders can apply scalping trading systems to take advantage of short-term rallies while keeping an eye on the overall bearish trend ahead of upcoming rate decisions.

AUDUSD – The Australian dollar remains consolidated between identified key levels, with a lack of clear directional bias. The MACD suggests slowing momentum, while the RSI indicates neither overbought nor oversold conditions. Here, Forex risk management strategies are vital to minimize losses in this consolidating market.

NZDUSD – The Kiwi shows slight upward movement, but the MACD signals reduced buying strength. Despite the potential for short-term rallies, the broader trend remains bearish. Signal-based trading can offer traders real-time entry signals to capitalize on any temporary price movements.

EURUSD – The euro demonstrates growing bullish momentum. Supported by an increasing MACD and favorable RSI readings, the euro's upward movement looks promising. Forex trend forecasting techniques can assist traders in capitalizing on potential continued strength as the market reacts to Fed rate cuts.

USDJPY – The yen continues to weaken, with exaggerated selling levels despite minimal pullbacks. Both the MACD and RSI point to significant buying momentum. Traders awaiting the Bank of Japan's upcoming policy decisions can apply scalping trading systems to capture short-term movements while hedging against potential reversals.

USDCHF – The franc remains in consolidation, slightly below the 0.89431 mark. The MACD and RSI indicate growing strength for a potential continuation of buying momentum. Forex risk management strategies will be essential in managing the risks associated with potential breakouts.

USDCAD – The Canadian dollar shows increasing weakness against the U.S. dollar. The MACD is nearing a bullish crossover, signaling potential buying opportunities. Traders can leverage signal-based trading to track real-time data, capitalizing on upward movements and implementing Forex risk management strategies to protect their positions.

[mutange12]

GBPUSD Tuesday forecast

Technical Analysis: The technical indicators from various sources suggest a bullish sentiment for GBP/USD. Moving averages, RSI, and other indicators like STOCH, MACD, and CCI are showing buy signals, with some indicators like STOCHRSI and Williams %R indicating overbought conditions but still within a bullish context. This suggests that while the pair might be due for a slight correction or…

[badarunisath]

GOLD BUY 2436.80

TP 2441.00

TP 2445.00

TP 2449.00

TP 2455.00

Sl 2431.00

#Gold #GBPJPY #GBPUSD #gbpaud

#XAUUSD #GOLD #XAUUSD #GBPJPY

#GBPAUD #foressignals #forexnews

JOIN OUR TELEGRAM CHANNEL 📊👇

https://t.me/luminaryfxfreechannel

[sepblogs1211]

Gold & Forex Trends: Market Insights & Trading Strategies

GOLD

 Gold prices are currently rising after Trump’s call for an immediate reduction in interest rates. The market is expected to see further price increases in the coming days, especially after the Federal Reserve cuts rates. The MACD has just crossed, and the RSI suggests a temporary price pullback before another continuation higher. Candlestick patterns indicate strong bullish momentum, supporting long entry point strategies. Global forex patterns also highlight gold’s strength as a safe-haven asset. Auto trade alerts can be used to time pullbacks effectively. Overall, price action remains very bullish as gold approaches 2789.390.

SILVER

 While Gold is appreciating, Silver prices are expected to remain relatively steady until Gold becomes overpriced and exceeds its previous high. However, the current rise in Silver is not without steady growth. The MACD has just crossed upward, and the RSI indicates a potential temporary turnaround before the market resumes its bullish trend. Traders should utilize candlestick patterns for confirmation and consider entry point strategies for optimal positioning. Auto trade alerts can provide real-time signals for exits or trend shifts. Portfolio allocation should include Silver to balance exposure to precious metals.

DXY (US Dollar Index)

 The gap-filling will likely occur later as the impulsive drop this hour followed Trump’s call for an immediate rate cut by the Federal Reserve. The RSI shows increasing momentum, accompanied by healthy MACD volume. Global forex patterns suggest potential dollar weakness, impacting currency correlations. Auto trade alerts will help traders navigate volatility.

GBPUSD 

The Pound gained strength following Trump’s call for a rate cut. Both the MACD and RSI reflect increased volume and momentum, supporting further buying. Entry point strategies should focus on breakouts above resistance levels. Global forex patterns suggest a temporary bullish sentiment, though traders should remain cautious. Portfolio allocation should account for potential fluctuations in GBP pairs.

AUDUSD 

The Australian Dollar has broken the previous resistance of the consolidation zone and is currently trading higher. The currency is expected to continue rising over the next few days as the RSI and MACD indicate growing momentum and volume for buying. However, 0.63407 will act as strong resistance to further bullish price movement. Candlestick patterns show a trend continuation setup, making entry point strategies crucial for timing. Auto trade alerts can assist in executing timely trades.

NZDUSD

 The Kiwi is experiencing increased buying momentum, supported by the RSI and MACD. Overall price action has shifted to bullish after breaking above the upper boundary of the consolidation zone. The market is now targeting 0.58166, provided the momentum sustains. However, there remains a chance for prices to fall if momentum weakens. Traders should monitor global forex patterns and use auto trade alerts to stay updated on shifts.

EURUSD 

The Euro is currently experiencing buying pressure, though the MACD shows a muted response, and the RSI indicates overbought conditions. As such, prices may fail to break higher. 1.04672 is acting as an effective resistance level in the market. Candlestick patterns suggest potential reversals, making entry point strategies essential. Portfolio allocation should consider reducing EUR exposure as bearish conditions persist.

USDJPY

 Yen prices ultimately outperformed the Dollar after a sudden turnaround. Prices are now testing 155.704 and show strength for bearish movement as indicated by the MACD and RSI. Selling momentum is increasing, with overall price action respecting the previous swing high and supporting bearish continuation. Auto trade alerts will be beneficial in capturing reversals.

USDCHF

 The Franc is experiencing increased selling momentum as the MACD has just crossed. However, buying momentum has been climbing steadily in recent days. The RSI is signaling oversold conditions, but overall price action remains strongly bearish. Traders should use candlestick patterns for confirmations and apply entry point strategies for reversals.

USDCAD 

The Canadian Dollar remains in consolidation. The recent drop occurred after the USD showed weakness stemming from Trump’s policies and uncertainties. Despite this, we expect further buying as overall price action remains bullish, with the structure being respected. The RSI reflects growth in selling pressure, while the MACD supports this sentiment. Global forex patterns highlight CAD's correlation with oil prices, while auto trade alerts can assist in spotting breakouts.

COT REPORT ANALYSIS 

AUD - WEAK (4/5)

GBP - WEAK (5/5)

CAD - WEAK (4/5)

EUR - WEAK (4/5)

JPY - WEAK (5/5)

CHF - WEAK (5/5)

USD - STRONG (5/5)

NZD - WEAK (4/5)

GOLD - STRONG (5/5)

SILVER - STRONG (5/5)

By leveraging candlestick patterns, entry point strategies, auto trade alerts, portfolio allocation, and global forex patterns, traders can refine their approach to navigating these markets effectively.

[accapitalmarket]

UK100 Swings Higher, GBPUSD Advances

UK stocks ended mixed on Thursday, unsettled by weak British Retail Consortium (BRC) data, and with clothing discount chain Primark cutting its guidance.

The BRC said consumer expectations over the next three months of their personal financial situation dropped to minus 4 in January, while expectations of the state of the economy worsened to minus 34 and personal spending on retail fell to minus 9.

On foreign exchanges, sterling ticked higher amid ongoing uncertainty surrounding any trade tariffs new US President Donald Trump may implement. Versus a weaker US dollar, the pound edged up 0.08% to 1.2327, while against the euro, sterling added 0.13% to 1.1849.

GBPUSD H1

Traders were parsing a wide-ranging address by President Trump at the World Economic Forum in Davos. US stocks were mixed in morning trade as more focus remains on White House chatter than economic factors and the impending first Federal Reserve policy meeting of 2025 next week.

US data on Thursday showed initial jobless claims increased by 6,000 to a seasonally adjusted 223,000 for the week ended January 18, only slightly above forecasts for 220,000 claims.

At the stock market close in London, the FTSE 100 index was up 0.2% at 8,565, but the FTSE 250 index was down 0.3% at 20,520.

AB Foods was a big FTSE 100 faller, down 3.0%, as the food to retail conglomerate said its clothing stores business, Primark is now targeting low-single digit sales growth in 2025 compared to previous guidance of a mid-single digit rise, after weak trading in the UK.

Sainsbury shed 1.6% after the supermarkets group announced it will cut more than 3,000 jobs and plans to shut down its remaining in-store cafes as part of a major overhaul. The headcount reduction represents about 2% of the company's current 148,000-strong workforce.

And JD Sports lost 1.6% knocked by the Primark news, a profit warning from German firm Puma, as well as a downgrade to 'neutral' from 'buy' by analysts at Citi following the at-leisure-retailer’s own soft festive trading update.

UK100Roll H1

On the second line, car dealership Inchcape dropped 15.3% following a downgrade to 'neutral' from 'overweight' by analysts at JPMorgan Chase.

CMC Markets tumbled 16.8% after posting a very brief, and uninspiring trading update, even though the spread betting platform operator said it remains on track to deliver full-year net operating income in line with previous guidance.

And spread-betting rival IG Group dropped 6.2% as worries about active client numbers weighed against strong interim results, with more than a 30pc jump in profits, a hike in dividend, and an extension to its share buyback program.

But on the upside, precision instruments maker Spectris jumped 10.5% after revealing that it expects its adjusted operating profit for 2024 to be above consensus after a strong fourth quarter.

And Mitie rose 1.1% after the outsourcing group delivered record quarterly revenues in the three months ended 31 December 2024, reflecting strong organic growth.

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The Day Trader’s Ultimate Guide to EURNZD: Secrets and Strategies You Won’t Find Anywhere Else If you’ve ever felt like navigating the Forex market is akin to solving a Rubik’s cube blindfolded, you’re not alone. Trading the EURNZD pair, with its unique volatility and opportunities, can be both exhilarating and frustrating. But fret not, because we’re here to arm you with proven tactics, advanced insights, and a few laughs along the way to help you master this dynamic pair. EURNZD: The Underdog with Over-the-Top Potential Let’s start by debunking a common myth: EURNZD is often overlooked in favor of major pairs like EURUSD or GBPUSD. However, this currency pair’s high volatility can provide ample opportunities for day traders who know how to harness its power. Think of it like adopting a rescue dog—a bit unpredictable but incredibly rewarding if you invest the time and effort. According to the Bank for International Settlements (BIS), the NZD is one of the least traded major currencies, which makes EURNZD a hidden gem for traders looking to capitalize on less crowded markets. The Hidden Patterns That Drive EURNZD’s Volatility EURNZD’s price movements are driven by several unique factors: - Economic Data from Europe and New Zealand: European Central Bank (ECB) policy announcements and New Zealand’s dairy export figures can create sharp price movements. Pro tip: Set alerts for key economic events like GDP releases or rate decisions to stay ahead of the game. - Commodity Prices: The NZD is a commodity currency heavily influenced by dairy and lumber prices. Tracking global trends in these industries can give you a predictive edge. - Risk Sentiment: When global markets are risk-on, NZD tends to appreciate due to its higher interest rates compared to the euro. Conversely, risk-off scenarios often favor EUR. Why Most Traders Get It Wrong (And How You Can Avoid It) Mistake #1: Ignoring Spread Costs EURNZD often has a higher spread compared to major pairs. A common rookie mistake is entering trades without factoring in these costs. It’s like buying a flashy sports car only to realize the insurance premiums will bankrupt you. Solution? Use brokers offering competitive spreads or trade during high liquidity periods, such as the London session. Mistake #2: Overleveraging With great volatility comes great responsibility. Overleveraging on EURNZD is like attempting parkour on a tightrope—it’s not going to end well. Keep your risk per trade to 1-2% of your account balance. Mastering the Art of Timing: Key Strategies for Day Traders 1. The Fibonacci Sweet Spot EURNZD respects Fibonacci retracements like a cat respects a warm sunny spot on the floor. Use the 38.2% and 61.8% levels to identify potential reversals. For instance: - Wait for a price to retrace to these levels. - Look for confirmation via candlestick patterns (e.g., pin bars or engulfing patterns). - Enter with a tight stop-loss below the retracement level. 2. The Breakout Blitz EURNZD’s volatility makes it a prime candidate for breakout strategies. Identify consolidation zones on the 1-hour chart, set pending buy and sell stop orders above and below the zone, and let the market do the heavy lifting. Bonus tip: Use ATR (Average True Range) to set realistic profit targets. 3. The Divergence Detective Use RSI or MACD to spot divergences. When the price makes a new high but your oscillator doesn’t, it’s a clue Sherlock Holmes himself would admire. This often signals a potential reversal, providing lucrative entry points. Emerging Trends: Algorithmic Insights and AI Tools AI-driven tools like StarseedFX’s Smart Trading Tool can transform your trading. Automating tasks like lot size calculation and order management allows you to focus on strategy rather than mechanics. Moreover, machine learning algorithms can identify patterns in EURNZD that even seasoned traders might miss. Your Game Plan: The 3-Step EURNZD Success Formula - Prepare with Precision: - Use StarseedFX’s Forex news updates to stay informed about economic indicators affecting EURNZD. - Develop a detailed trading plan using their free tools. - Execute with Confidence: - Trade during peak liquidity hours. - Combine technical and fundamental analysis for high-probability trades. - Evaluate and Adapt: - Use a trading journal to track performance. - Analyze what works and refine your approach. Conclusion: Unleash Your Inner Trading Ninja Mastering EURNZD isn’t about trading harder; it’s about trading smarter. With advanced strategies, tools, and a dash of humor, you’ll not only enjoy the process but also outsmart the competition. Remember, every expert was once a beginner who decided to take things to the next level—and now it’s your turn. —————– Image Credits: Cover image at the top is AI-generated Read the full article