Forexomni

#eurusd Two major pair has hit their top and bottom dxy is on the lower point of bearish move on the other hand it's opposite pair Eurusd is on the higher end resistance. Where it will complete it's 61% fib retracement of last 4 years impulse. Price has formed recently a big symmetrical triangle according to my analysis here we can see it's end of target where last supply zone of corrections may push the price downside in coming days. Price has hit the top slightly last week and sudden drop this week I am expecting after hitting the same zone and fib Level is well we may see a Drop towards the lower end. For this it is compulsory for the Dollar Index to stop near the mentioned zone in my last forecast.

💥THIS WEEK PIPS GAINED💥 🎗️19th Aug to 23rd🎗️ ✓Gold. 287+✅ ✓Gold. 467+✅ ✓Audcad. 60+ ✅ ✓Eurusd. 62+ ✅ ✓Gbpusd. 22+ ✅ ✓Audchf. 40+ ✅ ✓Eurnzd. 37- 🚫 ✓Usdcad. 27- 🚫 Total Green pips (938+ 💪) @forexomniadmin

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Close 130+ pips in the profit ✅

Close 65+ pips in the profit ✅

Close 150+ pips in the profit

Tp hit 103+ pips in the profit ✅

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

#dxy US Dollar loses ground as investors remain overly confident on a September cut. The US Dollar, benchmarked recorded a seven-month low in correspondence with a falling trend in Treasury yields and intense dovish bets on the Federal Reserve (Fed). In response to the circulating sentiment built around Chair Jerome Powell's forthcoming statements at the Jackson Hole assembly that begins on Thursday, market investors are focusing on potential disclosures regarding future Fed rate cuts. Dollar has reached a monthly end where and near to the fib Level is well. Which is the Good reversal point of dollars index in coming days. Price has the ability to move Along the zone and after hitting the zone we may see a good recovery towards the resistance area.

#gbpusd struggles above 1.3000 on renewed US Dollar demand GBP remains offered toward 1.3000 in European trading on Wednesday, having hit yearly highs at 1.3052 on Tuesday. The US Dollar finds fresh demand amid a tepid risk tone, as traders await the US NFP revisions and the Fed Minutes for fresh cues on the policy path. Price has created a double top pattern on the higher end of resistance and hit the supply zone of last week and also completed its wave 5 and completed its great impulse is well. Chances are higher we may see a drop down towards the 61% golden fib Level for retrment and will complete ABC pattern is well. On the higher timeframe price has also formed a reversal pattern and wave D is almost complete and for E price may drop down towards the lower end and demand zone is well.

Close 204+ pips in the profit ✅

Close 65+ pips in the profit ✅

✅ It Moved as expected ✅

✨200+ pips Drop As predicted ✨

#usdjpy Moving under the vertical support which was broken last week and retested is well. Price for the last year was trending and moving above the ascending support of vertical channel and only one side impulse can be seen on the charts. Now in current scenario price has broken it's support and closed below the mentioned Level and chances are higher it may complete it's 50% fib retracement for the Good drop towards the bottom support area. Price yet retest the trend line and started moving around the zone until it hits the major mentioned zone we may not see proper direction.

✨This Week Pips Gained✨ 12th Aug to 17th ✓Gold. 210+ ✅ ✓Gold. 206+ ✅ ✓Eurgbp 42+ ✅ ✓Nzdcad. 44+ ✅ ✓Usdchf. 24+ ✅ ✓Cadchf. 40+ ✅ ✓Eurusd. 23+ ✅ ✓Audchf. 20+ ✅ ✓Gbpusd. 58 - 🚫 ✓Gbpusd. 55- 🚫 Total Green pips (609+ pips 💪) @forexomniadmin

Close 240+ pips in the profit ✅