Technical My Tips

Thursday is here & so are the sectors of the day! What are your views on the market today? 🤔 It will go up 👍 It will go down 😭 It will be flat 😂

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Have you heard about ‘hygge’, a Scandinavian concept of cosy life? It’s all about comfort: covering yourself in a comfy blanket, drinking a cup of hot chocolate, and having a welcoming talk with your loved ones. Well, as we are not in Scandinavia, we will cherish our Forex routine through preparation and planning. Mark your calendar with these important events. 🔹 4 October—US Employment Situation. Influences USD pairs. 🔹 9 October—RBNZ key rate. Influences NZDUSD. 🔹 10 October—US CPI inflation. Influences USD pairs. 🔹 16 October—UK CPI Inflation. Influences GBPUSD. 🔹 17 October—ECB key rate. Influences EURUSD. 🔹 23 October—BoC key rate. Influences USDCAD. 🔹 31 October—BOJ key rate. Influences USDJPY. #Trading #TradingCalendar #MarketUpdate #Volatility

His teachings transcend generations. Let’s embody them in our pursuit of a better future. #HappyGandhiJayanti

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USDJPY, 30-minute timeframe chart USDJPY formed a bearish Head and Shoulders pattern 👉Level explanation USDJPY has been trading in a bullish trend within the last day. Now, the price displays a bearish Head and Shoulders pattern. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 143.700. Set your stop loss at 144.200 above the previous high ($2.78 loss for 0.01 lot) and take profit at 142.900 ($5.57 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.6. The upcoming news will not influence your orders within the mentioned period. ➡️Sign Up Now ➡️ https://bit.ly/attocta

GBPJPY, 1-hour timeframe chart GBPJPY retested the support level of 191.300 👉Level explanation GBPJPY has been trading in a bearish trend for the last couple of hours. The pair moved down to the support level of 191.300. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 191.500. Set your stop loss at 190.500 below the previous low ($6.95 loss for 0.01 lot) and take profit at 192.500 ($6.95 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. Fundamental factors The U.S. ISM Manufacturing Purchasing Managers' Index report will be released in a few hours and could affect this trade. ➡️Sign Up Now ➡️ https://bit.ly/attocta

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The market wrap for today is here!📉📈 How was your day?🤔🤔 Good 👍 Bad 😭 Okay okay 😂

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