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FOREX TRADING 📍ANALYSIS 📍SIGNALS 📍COACHING...(Coming up) Admin : @baronngarnaissem Learn True SMC
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Have a bullish vision on XXXUSD pairs especially gold and sell perspective on USDXXX like USDJPY and USDCAD
the dollar index DXY is held by the psychological support level just above level 100.0. last week the market bounced on this support level but the marker failed to break the nearest Lower Higher signaling the weakness of USD ahead of possible aggressive rate cut by the FED
Bets for an aggressive Fed rate cut of 50bp keep increasing. Investors are now betting 60% (26% last week) the probability of aggressive cut on Setp 18th causing the USD to keep falling.
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remember to be patient and disciplined until the market comes to your level. don't chase setups
https://youtu.be/nVPk6fDYJ4s
New Video On Youtube, make sure to watch until the end because it's filled with valuable informations🔥✅
Welcome to the new month !!!
September is going to be a heated month for the market with 3 intertest rate decisions scheduled : BoC (CAD), ECB (EUR) and the Fed (USD)
Then suddenly the market did this 😂. That's why I said in my video about common mistakes in SMC that placing a TP at the next BOS has no logic. It's even the complete opposite thing to do. In fact it takes lots of effort for the market to break a structure. Instead, place your TP at a liquidity area, or an area of possible reactions like OBs or SCOB.
+1
I took this short term trade based on internal trade and the market performed well
of course AUDUSD will probably stay bullish after the hawkish remarks of the RBA president on inflation last week. and in the United States, bets for rate cut in September keep increasing sending down USD so this is good scenario to stay bullish in AUDUSD
RBA : Reserve Bank Of Australia
