EUR/USD Analysis
ECB is set to raise rates by another 50 bp in February and March. Price fell today and is looking like it might have topped in the short run. Although the pair established a higher high, the inverted hammer candle suggests downside towards support around 1.07410. The US and Europe have Flash Manufacturing numbers later this week which will likely add more volatility to the pair.
ECB is set to raise rates by another 50 bp in February and March. Price fell today and is looking like it might have topped in the short run. Although the pair established a higher high, the inverted hammer candle suggests downside towards support around 1.07410. The US and Europe have Flash Manufacturing numbers later this week which will likely add more volatility to the pair.
Gold Analysis
Gold falls off resistance on the 1D timeframe after establishing a higher high. COT showed an increase in long contracts for the metal so there is still a high interest. Price may continue to follow this trend of higher lows and highs until price hits the $2000 mark. The expectation of looser monetary tightening from the Fed, gold may continue to move higher.
Gold falls off resistance on the 1D timeframe after establishing a higher high. COT showed an increase in long contracts for the metal so there is still a high interest. Price may continue to follow this trend of higher lows and highs until price hits the $2000 mark. The expectation of looser monetary tightening from the Fed, gold may continue to move higher.
SPX500 Analysis
The index broke above a falling trend line on the 1D timeframe but has yet to close above that level. The close would solidify the break and point towards higher prices in the near future. The index has respected this trend line for a whole year now, so a break would be a huge directional change.
The index broke above a falling trend line on the 1D timeframe but has yet to close above that level. The close would solidify the break and point towards higher prices in the near future. The index has respected this trend line for a whole year now, so a break would be a huge directional change.
๐จ TRADE UPDATE! +980 pips on SPX500
Another SPX500 trade running to the upside! Nickโs SPX500 trade, which was entered last Thursday, is currently floating at +980 pips!
Donโt miss the next big move! Hereโs everything thatโs included with your membership purchase:
โ Our trade alerts, with detailed entries, exits, & analysis
โ Strategies & Trading Guides
โ Access to our 24/7 chatrooms
โ Webinars & Support!
๐ Special Discount for Subscribers:
Use code TGVIP for a 10% OFF DISCOUNT here: https://a1trading.com/vip/
Another SPX500 trade running to the upside! Nickโs SPX500 trade, which was entered last Thursday, is currently floating at +980 pips!
Donโt miss the next big move! Hereโs everything thatโs included with your membership purchase:
โ Our trade alerts, with detailed entries, exits, & analysis
โ Strategies & Trading Guides
โ Access to our 24/7 chatrooms
โ Webinars & Support!
๐ Special Discount for Subscribers:
Use code TGVIP for a 10% OFF DISCOUNT here: https://a1trading.com/vip/
GBPJPY falling apart at the highs here, failing to break above 161.50. Looking for bearish setups from here.
๐บIf you have been considering getting the EdgeFinder... Don't wait. ๐บ(Read more for announcement) ๐ฑ
Because...
๐ THE PRICE IS GOING UP after this week! Our team of traders and developers have been hard at work with new updates and changes. After this week, the price will be increasing to reflect new updates and support future projects.
๐ Get the Edgefinder at the BEST PRICE now! Use code โTGVIP for an additional 10% off. https://a1trading.com/a1-edgefinder-g...
Because...
๐ THE PRICE IS GOING UP after this week! Our team of traders and developers have been hard at work with new updates and changes. After this week, the price will be increasing to reflect new updates and support future projects.
๐ Get the Edgefinder at the BEST PRICE now! Use code โTGVIP for an additional 10% off. https://a1trading.com/a1-edgefinder-g...
๐จ NEW TRADE SIGNAL! XAUUSD. Don't miss out on the action!
Come join our VIP discord, see our trades, join the chat, and get access to our winning trading strategies. Hereโs everything thatโs included with your membership purchase:
โ Our trade signals, with detailed entries, exits, & analysis
โ Strategies & Trading Guides
โ Access to our 24/7 chatrooms
โ Webinars & Support!
๐ Special Discount for Subscribers:
Use code TGVIP for a 10% OFF DISCOUNT here: https://a1trading.com/vip/
Come join our VIP discord, see our trades, join the chat, and get access to our winning trading strategies. Hereโs everything thatโs included with your membership purchase:
โ Our trade signals, with detailed entries, exits, & analysis
โ Strategies & Trading Guides
โ Access to our 24/7 chatrooms
โ Webinars & Support!
๐ Special Discount for Subscribers:
Use code TGVIP for a 10% OFF DISCOUNT here: https://a1trading.com/vip/
GBPNZD is still the Edgefinder's strongest sell. Price fell significantly from the recent highs and is working downward towards support at a rising trend line. It also looks like a wedge is forming on the 1D timeframe which could be bullish for the pair. GBPNZD has respected this level for almost a year, even in September 2022 where there was a huge fakeout. Retail is 88% long regardless. If you are looking to long this pair, the bottom of the wedge may be something to consider in the near future. For now, it looks like the trend will continue downward to test that level
๐จ NEW TRADE SIGNAL! NZDCHF. Don't miss out on the action!
Join our VIP discord! Unlock trade signals, chat with hundreds of traders, and get access to our winning trading strategies. Hereโs everything thatโs included with your membership purchase:
โ Our trade signals, with detailed entries, exits, & analysis
โ Strategies & Trading Guides
โ Access to our 24/7 chatrooms
โ Webinars & Support!
๐ Special Discount for Subscribers:
Use code TGVIP for a 10% OFF DISCOUNT here: https://a1trading.com/vip/
Join our VIP discord! Unlock trade signals, chat with hundreds of traders, and get access to our winning trading strategies. Hereโs everything thatโs included with your membership purchase:
โ Our trade signals, with detailed entries, exits, & analysis
โ Strategies & Trading Guides
โ Access to our 24/7 chatrooms
โ Webinars & Support!
๐ Special Discount for Subscribers:
Use code TGVIP for a 10% OFF DISCOUNT here: https://a1trading.com/vip/
The interest rate page on the Edgefinder is very helpful in comparing the strengths of different currency pairs. By using the filter, we can compare the CAD against the USD, GBP and CHF. Today, Canada is expected to raise their rates by another 25 basis points which would put it at par with the dollar. CAD pairs should be something to consider today and after the rate news because it could signify a momentum shift on certain pairs. NZDCAD has been running high for some time, but if BOC decides to notch up rates, it could pivot price direction.
๐จ NEW TRADE SIGNAL! SPX500. Don't miss out on the action!
Join our VIP discord! Unlock trade signals, chat with hundreds of traders, and get access to our winning trading strategies. Hereโs everything thatโs included with your membership purchase:
โ Our trade signals, with detailed entries, exits, & analysis
โ Strategies & Trading Guides
โ Access to our 24/7 chatrooms
โ Webinars & Support!
๐ Special Discount for Subscribers:
Use code TGVIP for a 10% OFF DISCOUNT here: https://a1trading.com/vip/
Join our VIP discord! Unlock trade signals, chat with hundreds of traders, and get access to our winning trading strategies. Hereโs everything thatโs included with your membership purchase:
โ Our trade signals, with detailed entries, exits, & analysis
โ Strategies & Trading Guides
โ Access to our 24/7 chatrooms
โ Webinars & Support!
๐ Special Discount for Subscribers:
Use code TGVIP for a 10% OFF DISCOUNT here: https://a1trading.com/vip/
Technical Analysis Playbook!
Our expert traders released a new technical analysis playbook! This guide will guide you through 5 theoretical technical plays to incorporate in your trading!
Get the guide (FREE): โฌ๏ธ
https://form.jotform.com/223116744186153
Our expert traders released a new technical analysis playbook! This guide will guide you through 5 theoretical technical plays to incorporate in your trading!
Get the guide (FREE): โฌ๏ธ
https://form.jotform.com/223116744186153
NZDCAD changes from a +7 score to a +6 after Canada raised their interest rates by another 25 bp which topped the kiwi. The CAD is now on par with the dollar and tied for first. The recent score drop could be the start of a reversal but it is still too early to tell. The pair is down this morning but still has an upward trend overall. Support is at 0.86160
This media is not supported in your browser
VIEW IN TELEGRAM
Simplify your trading!