#XAU/USD# As we can ...from Martin.phan

04 Nov 2022, 09:46 · Views 246

#XAU/USD# As we can see in the chart that the price is facing the resistance at 1630.So if it can break the resistance at 1630: +Buy: 1631-1632,S/L:1628,T/P:1636 if it can not break the resistance then: +Sell:1629,1627,S/L:1632,T/P:1625,1620

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Reply 1

Leave Your Message Now

Martin.phan

156 Posted · 212 Followers

I am here to talk about my definition, my points of view about Forex market.I am happy to be a part of your profit when my signals can help you!

XAU/USD

36,005 Followers

NZDUSD now is also in sideway trend when 0.6329 and 0.6315 are two strong support and resistance.So, my advice is just wait and do nothing.We will want the price breaks out of sideway trend then easier to decide what best positions. +Sell: 0.6328,S/L:0.6332,T/P:0.6298

Martin.phan

#NZD/USD# NZDUSD now has a strong green candle which is a marubuzu.But look at the volume, it is not high as it should be.Also there is a strong resistance at 0.64512, I think with high opportunity that it can not break resistance and bounce back strongly.So considering Sell options: +Sell: 0.6426, 0.6451,S/L:0.6462,T/P:0.6406,0.6386,0.6360

Martin.phan

NZDUSD is breaking trendline is head down to 0.63024, this is could be a signal for short-term downtrend to 0.62327.By the side, there is fibo 0.236 at .62974 which is a support but not really strong and it could be broken also.Considering for Selling options than Buying. +Sell: 0.62958, S/L:0.63030,T/P:0.62338

Martin.phan

#currencies: Upbeat U.S economic data reinforcing the Fed’s aggressive tightening path sent the #dollar on the front foot. Meanwhile, #yen lost ground against the greenback at $132.39 but continued to draw solid demand after BoJ’s surprise policy tweak. #sterling was higher at $1.2038. #euro gained little to $1.062 due to combined pressure stemming from weak Eurozone growth, the Ukraine war and the Fed’s rate hike. #antipodean currencies were mixed: Aussie rose to $0.6675 while kiwi dropped to $0.6231. Offshore #yuan slightly rose to $7.0038.

Martin.phan

#NZD/USD# NZDUSD now is in Ichimoku cloud, so it shows that price is within sideway,but my expect is the price will go down to 0.6391 and has a slightly increase to retest at 0.6343. +Sell: 0.6341,S/L:0.6348,T/P:0.6317,0.6298

Martin.phan