Direction Finder it's a very helpful MT4 Forex indicator for find currencies direction , you can use this indicator with any time frame and with any pair , when you put Direction Finder MT4 chart you will see two part of indicator the red part it's an analistic par and the green part it's the expected trend for a pair , we advice to use this indicator with any good "Support & Risistance" indicator for make sure of the new expected trend .
Showing posts with label XAUUSD. Show all posts
Showing posts with label XAUUSD. Show all posts
Wednesday, November 20, 2019
Monday, October 9, 2017
Signal For Tuesday 10th October 2017
Overall there is strength in the GBP with minor strength in the EUR
Overall there is weakness in the CHF, AUD, JPY and CAD
Buy Trades – GBP/JPY, GBP/CHF, EUR/CAD, GBP/CAD, EUR/AUD, EUR/CHF, GBP/AUD
Sell Trades – None
Overall there is weakness in the CHF, AUD, JPY and CAD
Buy Trades – GBP/JPY, GBP/CHF, EUR/CAD, GBP/CAD, EUR/AUD, EUR/CHF, GBP/AUD
Sell Trades – None
Tuesday, April 18, 2017
Forex Signals : AUD/USD 18 April 2017 at 01:33
Signal = SELL At Price 0.75598
Symbol = AUD/USD
TP = 0.75450
SL = 0.7580
Symbol = AUD/USD
TP = 0.75450
SL = 0.7580
Wednesday, January 18, 2017
Signal For Thursday 19th January 2017
Overall there is strength in the USD, CHF, AUD and EUR
Overall there is weakness in the CAD, JPY and NZD
Buy Trades – EUR/JPY, EUR/NZD, EUR/CAD, CHF/JPY, AUD/JPY, AUD/NZD, AUD/CAD, USD/JPY, USD/CAD
Sell Trades – NZD/USD, NZD/CHF, CAD/CHF
Overall there is weakness in the CAD, JPY and NZD
Buy Trades – EUR/JPY, EUR/NZD, EUR/CAD, CHF/JPY, AUD/JPY, AUD/NZD, AUD/CAD, USD/JPY, USD/CAD
Sell Trades – NZD/USD, NZD/CHF, CAD/CHF
Wednesday, January 11, 2017
Signal For Thursday 12th January 2017
Overall there is strength in the AUD and NZD
Overall there is weakness in the USD, EUR, GBP, CHF, JPY and CAD
Buy Trades – AUD/USD, AUD/JPY, AUD/CAD, AUD/CHF, NZD/USD, NZD/JPY, NZD/CHF, NZD/CAD
Sell Trades – EUR/AUD, EUR/NZD, GBP/AUD, GBP/NZD
Overall there is weakness in the USD, EUR, GBP, CHF, JPY and CAD
Buy Trades – AUD/USD, AUD/JPY, AUD/CAD, AUD/CHF, NZD/USD, NZD/JPY, NZD/CHF, NZD/CAD
Sell Trades – EUR/AUD, EUR/NZD, GBP/AUD, GBP/NZD
Sunday, January 8, 2017
Signal For Monday 09 th January 2017
Target is 20 Pips .
BUY Trades : GBP/AUD .
SELL Trades : EUR/USD , EUR/GBP , EUR/JPY , EUR/NZD , USD/JPY.
BUY Trades : GBP/AUD .
SELL Trades : EUR/USD , EUR/GBP , EUR/JPY , EUR/NZD , USD/JPY.
Tuesday, January 3, 2017
Signal For Wednesday 04 th January 2017
Target is 20 Pips .
BUY Trades : EUR/USD , GBP/AUD ,EUR/JPY,USD/JPY.
SELL Trades : GBP/CAD , EUR/GBP,EUR/NZD .
BUY Trades : EUR/USD , GBP/AUD ,EUR/JPY,USD/JPY.
SELL Trades : GBP/CAD , EUR/GBP,EUR/NZD .
Tuesday, December 20, 2016
Signal For Wednesday21th December 2016
Buy Trades –EUR/USD , GBP/USD , AUD/USD , NZD/USD .
Sell Trades – USD/ JPY , USD/CAD , USD/CHF , GBP/JPY .
Sell Trades – USD/ JPY , USD/CAD , USD/CHF , GBP/JPY .
Thursday, December 15, 2016
Signal For Friday 16th December 2016
Overall there is strength in the USD and CAD
Overall there is weakness in the GBP, EUR, JPY, NZD and CHF
Buy Trades – USD/JPY, CAD/CHF
Sell Trades – EUR/USD, EUR/CAD, GBP/USD, GBP/CAD, NZD/USD, NZD/CAD
Overall there is weakness in the GBP, EUR, JPY, NZD and CHF
Buy Trades – USD/JPY, CAD/CHF
Sell Trades – EUR/USD, EUR/CAD, GBP/USD, GBP/CAD, NZD/USD, NZD/CAD
Wednesday, December 14, 2016
Signal For Thursday 15th December 2016
Overall there is strength in the USD with minor strength in the GBP, EUR and CHF
Overall there is weakness in the JPY, AUD, CAD and NZD
Overall there is weakness in the JPY, AUD, CAD and NZD
Buy Trades – EUR/JPY, GBP/JPY, GBP/AUD, CHF/JPY, USD/JPY, USD/CAD, USD/CHF
Sell Trades – AUD/USD, NZD/USD, NZD/CHF
Labels:
Analysis,
Daily Analysis,
EURUSD,
GBPUSD,
Signal,
Technical,
Trade,
USD,
USDCAD,
USDCHF,
USDJPY,
XAUUSD
Wednesday, December 7, 2016
Signals For Thursday 8th December 2016
Overall there is strength in the NZD, with minor strength in the EUR, CHF and CAD
Overall there is weakness in the GBP and USD
Buy Trades – EUR/GBP, NZD/USD, NZD/JPY
Sell Trades – GBP/AUD, GBP/NZD, GBP/CAD, GBP/CHF, AUD/NZD, USD/CAD
Overall there is weakness in the GBP and USD
Buy Trades – EUR/GBP, NZD/USD, NZD/JPY
Sell Trades – GBP/AUD, GBP/NZD, GBP/CAD, GBP/CHF, AUD/NZD, USD/CAD
Sunday, December 4, 2016
Signals For Monday 5th December 2016
Overall there is strength in the JPY, with minor strength in the AUD and NZD
Overall there is weakness in the EUR, CHF, USD, with minor weakness in the GBP and CAD
Buy Trades – NZD/USD, NZD/CHF, AUD/USD, AUD/CHF, GBP/CHF
Sell Trades – EUR/USD, EUR/JPY, EUR/GBP, EUR/AUD, EUR/NZD, CHF/JPY
Overall there is weakness in the EUR, CHF, USD, with minor weakness in the GBP and CAD
Buy Trades – NZD/USD, NZD/CHF, AUD/USD, AUD/CHF, GBP/CHF
Sell Trades – EUR/USD, EUR/JPY, EUR/GBP, EUR/AUD, EUR/NZD, CHF/JPY
Tuesday, August 23, 2016
Gold, Yen Primed for USD Volatility around Jackson Hole
Talking Points:
- The economic docket is light until Thursday with the release of U.S. Durable Goods, but the Jackson Hole Economic Symposium, beginning on Thursday, will likely dominate the headlines as a ‘who’s who’ of Global Central Bankers gather in Wyoming to pontificate around monetary policy.
- Of recent, Fed chiefs have transmitting a hawkish read towards future policy moves, but markets don’t seem to be buying this as expectations for a hike in September remain low at ~15%, and December at 39.9%. Will Ms. Yellen prod these higher by echoing this hawkish sentiment?
- If you’re looking for trading ideas, check out our Trading Guides. And if you want something more short-term in nature, check out our SSI indicator. If you’re looking for an even shorter-term indicator, check out our recently-unveiled GSI indicator.
The next couple of days could present somewhat of a lull for markets with no high-impact data to be released until Thursday; but this may not last for too long with the Jackson Hole Economic Symposium scheduled to kick-off on August 25th, with a widely-awaited speech from the Chair of the Federal Reserve, Ms. Janet Yellen, set to take place on Friday. Considerable focus will likely be steered towards whether or not Ms. Yellen signals that the Fed may be looking to hike rates at their next meeting in September, or perhaps even December. And while this wouldn’t come out of left field as we’ve heard three such instances from three different Fed members over the past week, markets are still of the belief that no rate hikes will be happening anytime soon. Odds for a hike in September are currently sitting at 15% while December is at 39.9%.
So the stage is set for heightened volatility, particularly in US Dollar markets as traders attempt to read the Fed’s intentions for near-dated meetings regarding potential rate hikes. On the charts below, we look at two of the more interesting price action setups as we approach the Jackson Hole Economic Symposium.
Gold
Gold prices have seen massive benefit this year as rate hike expectations out of the Fed have shuddered-lower. And this comes fresh on the heels of a down-trend that lasted for over four years, driven by the longer-term trend of strength in the Greenback as markets attempted to price-in the inevitable ‘tapering’ of QE and the eventual prospect of ‘normalization’ of interest rate policy. But those aims for normalization haven’t worked out too well so far: The Fed spent much of last year attempting to prepare markets for a single rate hike, and they didn’t get this launched until December. But when they posed that hike, they also accompanied the move with the expectation to hike a full four times in 2016. So this was somewhat like jumping straight in the deep-end of the pool after coyly dipping your toes in the water because it was far too cold.
Within short order of that hike, markets convulsed as the litany of risk factors prodded risk aversion around the world. Six weeks into the New Year and the Fed began to relent, beginning with Chair Yellen’s twice-annual testimony in front of Congress, and this led to another three months of Dovish Fed commentary that continued to drive rate expectations and the U.S. Dollar lower; benefitting Gold prices massively as the yellow metal rallied 26.2% so far on the year.
- The economic docket is light until Thursday with the release of U.S. Durable Goods, but the Jackson Hole Economic Symposium, beginning on Thursday, will likely dominate the headlines as a ‘who’s who’ of Global Central Bankers gather in Wyoming to pontificate around monetary policy.
- Of recent, Fed chiefs have transmitting a hawkish read towards future policy moves, but markets don’t seem to be buying this as expectations for a hike in September remain low at ~15%, and December at 39.9%. Will Ms. Yellen prod these higher by echoing this hawkish sentiment?
- If you’re looking for trading ideas, check out our Trading Guides. And if you want something more short-term in nature, check out our SSI indicator. If you’re looking for an even shorter-term indicator, check out our recently-unveiled GSI indicator.
The next couple of days could present somewhat of a lull for markets with no high-impact data to be released until Thursday; but this may not last for too long with the Jackson Hole Economic Symposium scheduled to kick-off on August 25th, with a widely-awaited speech from the Chair of the Federal Reserve, Ms. Janet Yellen, set to take place on Friday. Considerable focus will likely be steered towards whether or not Ms. Yellen signals that the Fed may be looking to hike rates at their next meeting in September, or perhaps even December. And while this wouldn’t come out of left field as we’ve heard three such instances from three different Fed members over the past week, markets are still of the belief that no rate hikes will be happening anytime soon. Odds for a hike in September are currently sitting at 15% while December is at 39.9%.
So the stage is set for heightened volatility, particularly in US Dollar markets as traders attempt to read the Fed’s intentions for near-dated meetings regarding potential rate hikes. On the charts below, we look at two of the more interesting price action setups as we approach the Jackson Hole Economic Symposium.
Gold
Gold prices have seen massive benefit this year as rate hike expectations out of the Fed have shuddered-lower. And this comes fresh on the heels of a down-trend that lasted for over four years, driven by the longer-term trend of strength in the Greenback as markets attempted to price-in the inevitable ‘tapering’ of QE and the eventual prospect of ‘normalization’ of interest rate policy. But those aims for normalization haven’t worked out too well so far: The Fed spent much of last year attempting to prepare markets for a single rate hike, and they didn’t get this launched until December. But when they posed that hike, they also accompanied the move with the expectation to hike a full four times in 2016. So this was somewhat like jumping straight in the deep-end of the pool after coyly dipping your toes in the water because it was far too cold.
Within short order of that hike, markets convulsed as the litany of risk factors prodded risk aversion around the world. Six weeks into the New Year and the Fed began to relent, beginning with Chair Yellen’s twice-annual testimony in front of Congress, and this led to another three months of Dovish Fed commentary that continued to drive rate expectations and the U.S. Dollar lower; benefitting Gold prices massively as the yellow metal rallied 26.2% so far on the year.
But this hasn’t been a linear move: In May the Federal Reserve talked up the prospect of a rate hike in June, and this drove USD Strength after three months of weakness; denting Gold prices by more than $100 throughout the month. But as has become usual, bad data for the month of May reversed these rate-hike hopes, and the U.S. Dollar moved back into its downtrend, prodding Gold prices higher.
As we approach the Jackson Hole Symposium, Gold prices are working on a symmetrical wedge formation that’s been building for the past six weeks. Should Ms. Yellen echo this hawkish sentiment that we’ve seen from William Dudley, Dennis Lockhart and Stanley Fischer, this could create USD strength, pulling Gold prices down to longer-term support levels that could be attractive for ‘bigger picture’ long stances.
The Yen
The Yen is another market that’s seen considerable volatility this year, and this one isn’t entirely at the drive of the Federal Reserve. Last year we looked at the Japanese Yen as the ‘safe haven vehicle of choice’ as pressures from China continued to build. After three-plus years of QE had been unable to turn the deflationary tides in Japan and as the BoJ bought-up an increasingly larger share of the Japanese Government Bond market, it appeared as though the bank might be running out of ammunition; at least with their current policies. This has driven USD/JPY from the ¥125.00 area last August all the way down to the critical psychological level of ¥100.00.
This is a gigantic change for Japanese exporters, and for an economy that’s already struggling with decades-worth of deflationary momentum, this could present much more than just a temporary economic issue to tackle. After Shinzo Abe’s Conservative party won a super-majority in the upper-house of Japanese parliament last month, expectations began to increase for more economic action out of Japan; with some hopes even going so far as to expect the initiation of the highly-theoretical ‘helicopter money.’ But when the Bank of Japan underwhelmed at their policy meeting later in the month, those hopes got priced-out of the market as the Yen rallied towards prior highs (lows in USD/JPY).
As we approach the Jackson Hole Economic Symposium, USD/JPY finds itself sitting right on psychological support at the ¥100-handle. This market could be especially attractive in the event of USD-weakness, as that could proffer a break of the psychological ¥100.00 level, and this could offer attractive entries for longer-term position-based setups.
But should Ms. Yellen strike the hawkish tone that her colleagues have been sharing over the past week, this could give a bounce off of this support level as traders price-in USD strength in combination with an expectation for an eventual increase in Japanese stimulus.
Daily Analysis EURUSD , GBPUSD , USDJPY and XAUUSD
EURUSD Daily Analysis
EURUSD (1.132): The price action in EURUSD yesterday closed in a fake break out from the inside bar with prices seen settling back above the inside bar’s low of 1.1284 and also filling the gap formed on Monday’s open. On the 4-hour chart, the price is seen retracing the losses, but so long as a lower high is formed, the bias remains for a test to 1.120. The Stochastics on the 4-hour chart is signaling a potential bearish divergence with a lower high as well, validating this view. Watch for a close below 1.130, which could trigger declines to 1.1240 and eventually to 1.120.
USDJPY (100.31): Despite opening with a gap, USDJPY closed bearish yesterday with prices seen trading near the 100.00 price level. As noted yesterday, 100.50 minor resistance remains a key level that needs to be breached for USDJPY to see any upside in prices. The next main resistance level at 102.00 remains to the upside. The Stochastics on the 4-hour chart is confirming the consolidation within the falling wedge pattern, and thus any potential upside is seen only above 100.50 – 101.00 resistance level. Below 100.00, USDJPY could be seen posting fresh declines with 99.00 the next immediate level of interest.
GBPUSD (1.314): GBPUSD has been flat for the past three daily sessions, trading within 1.32 and 1.30 levels. However, resistance near 1.32 – 1.317 remains a strong level that needs to be cleared for any valid gains to remain in place. In the near term, GBPUSD is most likely to remain range bound with a breakout of 1.32 or 1.30 likely to keep the momentum going.
XAUUSD (1337.20): Gold prices tested a new 2-week low yesterday to 1331.86 before recovering modestly. Still, the price action on the daily chart marks a bearish bias following the failure to break above 1350 – 1360 resistance zone. On the 4-hour chart, gold prices remain flat, but support is seen at 1327.50 while resistance at 1340 is likely to cap any gains to the upside. There is also a potential symmetrical triangle formed on the H4 chart, which confirms the bearish bias to 1327.50 followed by 1315.00.
Labels:
Analysis,
Daily Analysis,
EURUSD,
Forex,
GBPUSD,
Gold,
Technical,
Trade,
Trading,
USDJPY,
XAUUSD
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