Forge Trading Academy
Kanalga Telegram’da o‘tish
Philippines trusted and elite Forex group! 🇵🇭 Free signals ✅ 🇵🇭 Free charts and analysis ✅ 🇵🇭 Pinoy group ✅ "Trading involves high risk of losing your money. Any information provided shall be for information purposes only."
Ko'proq ko'rsatish6 476
Obunachilar
-224 soatlar
-227 kunlar
-11330 kunlar
Postlar arxiv
XAU/USD H4 timeframe possible move
📈(Not a signal)📉
(Trade at your own risk)
Gold remains bullish on the H4 chart, holding above the rising 200 EMA around 4,361. Price is currently pulling back toward the 4,300–4,360 support zone, where buyers may attempt to step in. A successful bounce could push XAU/USD toward 4,500 and potentially 4,600, while a break below the 200 EMA would weaken the bullish setup.
Is a ‘Bessent doctrine’ taking shape in global FX policy?🚨
Citi Research is out with a note weighing the question of whether global currency policy is witnessing a major shift akin to the Plaza Accord of 1985 as Treasury Secretary Scott Bessent works to remedy imbalances through interventions seen by many as controversial.
While Citi believes that there is “no confirmation for the start of a structural turning point,” the currency alliance between the U.S. and Japan aimed at reversing JPY weakness could be seen as a “sign of change in global policy.”
Citi Research is out with a note weighing the question of whether global currency policy is witnessing a major shift akin to the Plaza Accord of 1985 as Treasury Secretary Scott Bessent works to remedy imbalances through interventions seen by many as controversial.
While Citi believes that there is “no confirmation for the start of a structural turning point,” the currency alliance between the U.S. and Japan aimed at reversing JPY weakness could be seen as a “sign of change in global policy.”
Read more:
https://uk.investing.com/news/forex-news/is-a-bessent-doctrine-taking-shape-in-global-fx-policy-4852268
USD/JPY H4 timeframe possible move
📈(Not a signal)📉
(Trade at your own risk)
USD/JPY on the H4 chart is showing a short-term recovery from the 157.5–158.0 support zone, but price remains around the 200 EMA, which is acting as resistance near 160.0. A bullish break and sustained close above 160.0–160.5 could open the way toward 163.0, while rejection there may send price back toward 158.0. Overall, the setup is cautiously bullish above support, but confirmation above the EMA is important before expecting the projected move higher.
Gold prices muted ahead of Warsh’s Jackson Hole speech🚨
Gold prices were largely unchanged on Friday as investors awaited closely watched remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium for clues on the path of U.S. interest rates.
Spot gold traded flat at $4,600.19 an ounce by 02:50 ET (06:50 GMT), while U.S. Gold Futures fell 0.3% to $4,651.41.
Read more:
https://uk.investing.com/news/commodities-news/gold-dips-ahead-of-warshs-jackson-hole-speech-set-for-weekly-fall-4850879
NZD/JPY 1D timeframe possible move
📈(Not a signal)📉
(Trade at your own risk)
NZD/JPY remains bullish on the daily chart, holding above the rising 200 EMA and ascending trendline. Price is currently consolidating near the 94.80–95.00 resistance zone, so a pullback toward the trendline around 92.30 could provide a potential support area.
A clean breakout above 95.00 could open the way toward 96.00–98.00, while a break below the trendline would weaken the bullish setup.
Canadian dollar weakens as trade tensions and U.S. inflation weigh🚨
The Canadian dollar weakened on Wednesday, with the U.S. dollar rising against the loonie as renewed trade tensions with the United States and sticky U.S. inflation increased pressure on the currency.
USD/CAD was last around C$1.3876, up 0.27%, after reaching an intraday high of C$1.3893 and a low of C$1.3836. The loonie earlier fell to C$1.3892 per U.S. dollar, its weakest level since Aug. 19, while the Canadian dollar was around 72.07 U.S. cents
Read more:
https://uk.investing.com/news/forex-news/canadian-dollar-weakens-as-trade-tensions-and-us-inflation-weigh-4848578
AUD/JPY 1D timeframe possible move
📈(Not a signal)📉
(Trade at your own risk)
AUD/JPY is showing a bullish recovery after bouncing strongly from the 109.50 support and the rising 200 EMA. Price is approaching the 114.50–115.00 resistance zone, where a rejection could trigger a pullback toward 112.00–113.00. A clean breakout above 115.00 would strengthen the bullish outlook and could open the way toward higher levels.
