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Gold Analysis For Today/Next WeekMy Gold outlook for today, if you have questions please ask them and if you take this trade let me know the results! --------------------------------------------------------------------------------------------------------------------------------------------------------------------- Gold has been in a channel for the past weeks, it looks like it wants to break out of the channel if that's the case then i would advise to wait for a clear breakout followed by a pullback before you enter buys since it can also be a fake out. If it doesn't break out of the channel we can see it go down to the lower side of the channel. There is no high impact news for today so we'll see how it goes. --------------------------------------------------------------------------------------------------------------------------------------------------------------------- Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices. As always use good risk management. This isn't a sprint, it's a marathon.
OANDA:XAUUSD
by Huichelaar
Possible swing trading setup in EURUSDHello everyone! Since end of July the price is stuck between 1,16-1,20 price zone and EURUSD is trading sideways, however the trend on higher timeframe is still bullish . Recent price action indicates that there was a possible false breakdown below 1,17000 price and we might see further weakening of the greenback . 1,17400 - 1,17770 is the closest price zone, where (if we pullback from current 1,18100 level) the bulls might show another interest for buying and the demand might exceed the supply, which will support the price going north… …the main risk for continued USD weakness remains the US stimulus deal to be struck and the US Q3 earnings disappointment, which might generate strong demand for the greenback resulting EURUSD long squeeze. A possible swing trade setup is on the chart for you. // Feel free to share your opinion/position via comment and follow me for more upcoming ideas/setups + support my work by hitting like. :) For more information please check the link in my profile status... // Risk disclaimer: This is not an investment advice and you should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources. Trading spot foreign currencies (“FX”) is not appropriate for all investors, and the risks of FX trading can be substantial.
Long
by GIgor_021
AUDNZD.... HEAD AND SHOULDERS!Good day to all traders today I will show you my bullish setup on the AUDNZD pair. As we can see from the graph we can see the presence of an inverse head and shoulders. The price as you can see from the chart broke the neckline which on the chart is indicated by red arrows and is now retesting towards the neckline. Well so far all fluid. moving on to the operational part, I propose a bullish setup with a good risk return that can vary according to your own risk management rules. My advice is to place the stop loss below the broken neckline. The graph shows the two price areas that I will use to place my operating take profits. Possible take profit areas on the chart are marked with blue flags. IF you like my ideas, leave a like or a comment and start following me.
Long
by UnknownUnicorn6784134
2
Nasdaq Outlook For Today/Coming WeekMy Nasdaq outlook for today, if you have questions please ask them and if you take this trade let me know the results! ------------------------------------------------------------------------------------------------------------------------------------------------- Nasdaq has been bouncing in a channel for the past weeks and it was/is consolidating. To me we have 3 possible scenario's: 1. Nasdaq will have a slight pullback to the lower border of the channel before going up to ~12000. 2. Nasdaq will go up to ~12000 if it break out of consolidation (today). 3. Nasdaq will break out of the lower border of the channel and will have a push downwards to ~10750. Look for clear confirmation and watch out for possible fake outs. ------------------------------------------------------------------------------------------------------------------------------------------------- Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices. As always use good risk management. This isn't a sprint , it's a marathon.
OANDA:NAS100USD
by Huichelaar
My Outlook For Nasdaq 7-10-2020 Breakout of BoxHere is my outlook for today, yesterday Nas broke out of the box with a push downward, right now it looks like it's retesting and we might be heading down to the 11000 region. On the lower timeframes look for rejection at the retest area and wait for confirmation to enter a short. Let me know your thoughts and ideas, if you like this please give it a thumbs up and follow me for more trading ideas. Use good risk management and have an amazing trading week!
OANDA:NAS100USDShort
by Huichelaar
Great sell opportuinity for when the markets opens dont miss it!As you can see price has broke this support area and retested it, also broke a number of important trend lines to get to this point. Worth checkinkg this out for yourself, have a look at the daily time frame to see how much potential this trade really has. If i do enter this trade i have marked out our potetial TPs with the dashed horizontal lines, Please consider following our page, CHECK OUT THE BOTTOM OF THIS PAGE, Good luck, stay blue, Ash.
Short
by Ash_FXtradingMadeSimple