Forexomni

Gbpusd Symmetrical triangle breakout and retest.

Gbpcad is taking a healthy support on ascending trend line and horizontal support. Both support pushing the price slowly upwards. Here pair completed its 61% fibo but last working day momentum is showing it might take support near the horizontal zone then continue its journey towards the horizontal resistance.

US Dollar index Pair has formed recently a good double Top pattern and stopped near the neckline zone but During FOMC NFP pair has broken it's support and neckline is well and close below this region. This was a Long Consolation time which I am expecting it's end and waiting for more bearish move in coming days.

Us100 Risk short Pair is just approaching the Descending channel resistance and almost hit the zone if price rejected from this zone then it will drop towards the support. It's a neat and clean setup until price is in channel. We will be looking for reversal candle on lower timeframe.

Eurusd Update analysis Pair broke weekly resistance and candle successfully close above the major zone. A little bit retest to the major zone then there is a high probability it will start it's bullish move towards the resistance all the fundamental supporting the eur. After a breakout of Ascending channel my last 3 prediction was totally bullish and almost 400+ pips moved in my prediction. The mentioned support is very important if price survives above this zone a good bullish rally will be seen.

💢Weekly pips report💢 30th Oct to 3rd Nov --------------------------------------- ✓Gold. 230+ 💹 ✓Btcusd. 567+ 💹 ✓Usdchf. 78+ 💹 ✓Gbpchf. 55- 🚫 ✓Usdjpy. 150+. 💹 ✓Gbpnzd. 138+ 💹 ✓Eurusd. 123+. 💹 ✓Gold. 50- 🚫 ✓Gbpjpy. 101+ 💹 ✓Eurjpy. 70+ 💹 ✓Euraud. 78+ 💹 ✓Gold. 130+.💹 ✓Gold. 60- 🚫 ✓Gold. 100+.💹 ✓Usdjpy. 215+💹 Total Green Pips (1980💪) Join Our VIP group @forexomniadmin

Central banks are buying up more gold than we thought Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that have faced pressure from global monetary tightening.Countries expanded bullion reserves by 337 tons in the three months through September, the World Gold Council said in a report Tuesday. That follows an increase of 175 tons in the second quarter, which was bigger than the council’s previous estimate of 103 tons.Central bank purchases for the first nine months of the year now total 800 tons, driven mainly by China, Poland and Singapore, as well as unreported buying. The pace has exceeded the amount for the same period of last year, which ended with record demand. Technical point of view in 4h time frame pair Following the ascending channel and Weak NFP data gives more strength to the upwards channel. Which may see it's strength next week is well.

Drop 💦 exactly we predicted ✅

100% same moved

At Last we hit the mentioned zone

Chfjpy Under the Descending trend line.

Usdcad Facing a strong resistance zone where price has formed a reversal pattern of Triple Top. I am considering it may drop from the resistance towards the vertical support. As pair is moving one direction then there is a chance price will correct for good impulsive move.

Cadchf Rising from the horizontal support. Pair is moving in just one direction. After a great impulsive move we have seen a little correction this time it has created a triple Bottom structure near the solid support zone and two to three times pair just respect the mentioned support and move upward. Again it hits the same zone and moving towards the horizontal resistance. For more confirmation we need a reversal candle on lower timeframe.

Audnzd Hit the horizontal resistance. This resistance is acting like a concrete and solidly pair stop it's moments towards the higher speed which is indicating we may see drop down from this zone

Usdjpy At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided to further increase the flexibility in the conduct of yield curve control. Specifically, while the Bank will maintain the target level of 10-year Japanese government bond (JGB) yields at around zero percent, it will conduct yield curve control with the upper bound of 1.0 percent for these yields as a reference and will control the yields mainly through large-scale JGB purchases and nimble market operations. In this manner, the Bank will patiently continue with monetary easing. Technical pair is In rising wedge pattern and at the vertical resistance and last supply zone Near 150.76 we may see it's Reversal. Be careful this Week we may see manipulated moves

💢Weekly pips report 💢 23rd Oct to 27th --------------------------------- Btcusd. 567+ 💹 Gold. 240+ 💹 Us30. 270+ 💹 Nzdcad. 175+ 💹 Eurgbp. 29+ 💹 Eurusd. 49+ 💹 Eurjpy. 60- 🚫 Gbpaud. 105+ 💹 Gbpusd. 60+ 💹 Eurnzd. 50+ 💹 Gbpjpy. 164+ 💹 Nzdusd. 88+ 💹 Audusd. 55+ 💹 Eurjpy. 50 - 🚫 Gold. 190+💹 Chfjpy. 52 + running Us100. 73+ 💹 Running trade Usdcad , Eurusd , chfjpy Total Green Pips (2167+💪) Join our VIP channel @forexomniadmin

Gold price consolidates around $1,990.00 as Israel-Palestine tensions continue to provide a cushion. Gold price continued to consolidate after the US core PCE inflation reading remained in line with estimates. US Yellen sees Treasury yields elevated on Fed’s “higher for longer” interest rates outlook. Technical pair holding the ascending and horizontal support which may see next week also. No more correction phase now it's time to hit 2024$ and respectively 2050$ benchmark. Mentioned resistance zone is very important. This structure will only be valid untill price holding this support.

EURAUD Ascending channel move.pair Following the rising channel and two to three times growth we see around the rising support. There is no specific boundaries if pair stuck into the structure we may see good bullish within a channel.

Us30 Potential downside move more bearish pair will see In coming days. The Dow Jones us30 broke the major support zone and there is no specific support we see near this zone. The Fed Chairman Jerome Pawel warned inflation still has a long way to go before approaching the central bank 2% Target. In depth analysis we see price little go for correction last week but it started its bearish move towards the support and in Last session we see price broke the support With a heavy candle and Closed below this major region. For a short time period we may see bullish move towards the resistance but in long term I am watching a good Bearish move

Hit the Bottom ✅✅