Forexomni

Close 100+ pips

✨Moved Same As predicted ✨

#eurusd Turned south and broke below 1.1000 in the American session.The US Dollar outperforms its rivals on easing concerns over an economic slowdown.Investors see a diminishing probability of a large Fed rate cut in September. Price has also formed a big reversal pattern of rising wedge and Pattern 12345 is completed and after hitting the High wave Of E we have seen a good reversal towards the support area. Although pair holding a good vertical support and last time price hit the bottom and sudden reverse towards the peak area to gain more liquidity this time we are looking for some good breakout of pattern in the required position. After the breakout of pattern a good bearish opportunity can be seen on charts in coming days.

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#nzdusd Movement within a strong symmetrical triangle. Price raised last times from the bottom vertical support and moved towards the vertical resistance of symmetrical triangle. Chances are higher price will complete it's 78% fib Level and then may start bearish move towards the E. As it recently rised from the top where it completed its wave E. Nzdusd remains under heavy selling pressure, after Reserve Bank of New Zealand (RBNZ) Governor Orr explained the dovish policy pivot at the press conference. The RBNZ surprised markets with a 25 bps rate cut to 5.25% while lowering the 2024 OCR projections.

#xauud Gold price pulls back from the vicinity of the monthly peak retested earlier this Tuesday. Bulls opt to lighten their bets amid a positive risk tone and ahead of the US inflation data. Geopolitical risks and bets for a 50-bps rate cut by the Fed should help limit the downside. Gold has created a triple Top pattern where last three times price reversal can be seen on The chart. Price also approaches a long Vertical resistance and For the price it is very difficult to break as the last time did near the zone again price can be move same. After a long strength period pair looks weak near the zone and chances are higher we may see a good reversal near the zone. Although it's very risky until price gives any reversal candle near the zone.

🎗️GOLD has done a Great job As we predicted 🎗️

#dxy Stabilization in risk sentiment lends support to the USD despite lack of fresh fundamentals.Fed officials paint an optimistic picture of the US labor markets despite slow job growth. Market adjusts easing expectations; first rate cut expected in September with slightly lower odds.DXY is on the vertical support and rising towards the vertical resistance. Price is moving in a symmetrical triangle pattern and the pattern is allowing the price bullish Momentum in coming days. Although fundamental number did not support the price but during high fundamental price holded the ground over the vertical support. In according to the mentioned pattern price has completed its wave D and E in a narrow range of triangle and a corrections phase is coming very Soon towards the lower top end where it may complete it's 61% fib retracement in coming days.

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This Week Pips Gained 5th Aug To 9th Aug Gold. 385+ ✅ Gold. 432+ ✅ Gbpusd. 176+ ✅ Eurusd. 98+ ✅ Audcad. 55+ ✅ Usdcad. 25+ ✅ Audusd. 20+ ✅ Audusd. 69- 🚫 Eurusd. 52- 🚫 Nzdusd. 22- 🚫 Total Green pips ( 1191+💪) @forexomniadmin

Close Tp 131+ pips in the profit ✅

Tp hit 90+ pips ✅

Bitcoin's price has recently fallen from $70000 to $49000 and is struggling to sustain its upward momentum, primarily due to heightened selling activity in perpetual markets and a long-squeeze event. Bitcoin price is recovering from initial weekly losses after a 7% drop on Monday, trading 3.8% higher at 57245 at the time of writing Today. Meanwhile, Metaplanet secured a ¥1 billion loan at a 0.1% Annual Percentage Rate (APR) on Thursday to fund additional Bitcoin purchases. Price has holded it's ground within a descending channel and failed to break the vertical support near the drop zone. If price broke the vertical support we may see a long drop Towards the bottom. But price has gained it's strength again and ready to hit the last zone of double top and neckline area in coming days. Chances are higher it may complete 61% fib retracement and continue its journey towards the long term trend

Close 200+ pips in the profit ✅

Close 142+ pips in the profit ✅

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