Forexomni

🎗️This Week Pips Gained🎗️ 🎯8th July to 12th July 🎯 Gold. 334+✅ Gold. 442+✅ Usdjpy. 107+✅ Usdcad. 24+✅ Eurjpy. 60- 🚫 Eurusd. 69- 🚫 Total Green pips (907+💪) @forexomniadmin

🎗️Pleasure in the job puts perfection in the work.🎗️

Hope so don't miss out this one 🤞

#xauusd Gold rises above 2412 following US CPI data. Gold extend its daily upside and trades at its highest level in seven weeks above $2,410. The benchmark 10-year US Treasury bond yield is down more than 2% on the day below 4.2% after June Consumer Price Index data, providing a boost to Gold. Yellow metal near a very strong horizontal resistance and creating a triple top structure is well. Near the horizontal resistance chances are higher we may see a correction phase for another great impulse move. Although near a horizontal resistance is very risky price may fluctuate more time near the zone. For further growth it is better to be correct to complete it's wave 4 and then it may start it's positive journey in coming days.

#dxy US Dollar sinks after CPI locks in September rate cut. The US Dollar retreats firmly after soft CPI release. The Fed should no longer be concerned on the disinflationary trajectory. The US Dollar index falls further and heads to 104.75.US Dollar sharply down and soft CPI justifies a September cut by the Fed Market now more certain of September cut. US Treasury yields fall, making traders lose interest in USD. Price hold its correction upto 61% level and sudden rise after hitting a zone indicating may hold in coming days.

Gold Close 115+ pips

Usdjpy TP hit 107+ pips

#audusd Risky bullish move although pair has broken it's horizontal range and closed above the mentioned zone. For the last week I am watching moving in just one direction. Today very high Fundamental data and may be during data time price remains BEARISH for a short period of time until the broken zone and expectations are higher we may see a good move towards the horizontal resistance mentioned on the chart. This red zone acting as a resistance becomes support zone and there are cluster of ascending and descending support also have the ability to push the price more forward in coming days.

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