Gold soared amid US economic data. Yesterday gold prices extended their gains amid mixed US economic data. The price of gold rises drawing a body bull's candle with a slight shadow on the top and bottom of the candle. The bullish candlestick formed ...

What happen in the market today?

Gold and Silver surged ahead of the Fed funds rate. Gold prices jumped yesterday from a low of 2376 to a high of 2412, this drew a long-body bullish candlestick with a small shadow at the bottom of the candle. On the other hand, Silver rose from a ...

What happen in the market today?

EURUSD slide extends nearly three weeks of decline. EURUSD price hit a low of 1.08023 ahead of Eurozone inflation data and Fed policy. Looking at price history backward, the decline in EURUSD started July 17 and there is still potential to extend ...

What happen in the market today?

Gold shows gains at the start of the market opening. The forex market started to be active today, gold at market opening has risen marked by a bullish candlestick on the M15 timeframe since market opening. A long candlestick with almost no shadow ...

What happen in the market today?

USDCAD extended its advance reaching a high price level of 1.38478 before rebounding near 1.38224. USDCAD's bullish sentiment started in mid-July and still shows a strong rally until now. Yesterday the Bank of Canada (BoC) again reduced interest ...

What happen in the market today?

Thank you for your idea, this is a good suggestion and seems worth trying

MTF Engulf / Engulf fail

USDJPY extends losses further on hawkish sentiment surrounding BoJ's policy stance ahead of next week's meeting. Japan's Manufacturing PMI fell to 49.2 in July from 50.0. On the other hand, the Services PMI jumped to 53.9 from 49.4 previously. The ...

What happen in the market today?

Sometimes I trade gold and review the current market I see gold has a potential up pattern, however, I am still worried due there are PMI news today. Inflation data sometimes impact gold.

MTF Engulf / Engulf fail

Yesterday EURUSD went down and drew a long-body bearish candlestick. This decline continued last week's decline after a pause on Monday. The ECB will probably cut interest rates in September considering that the disinflation process in the Eurozone ...

What happen in the market today?

Thank you for the detailed explanations that give different perspectives of view.

Analysis and Trading based on Envelopes, Waves, Cycles

The decline in Silver prices loosened near the lower band line. After last week Silver declined for 4 consecutive days, in last Monday's trading the price sought balance near the lower band line. Silver draws almost an indecision candle like a Doji ...

What happen in the market today?

Comparing the Envelopes and Donchian channel indicators on the M15 timeframe, both are almost similar but the envelopes are more flexible concerning price. But in TF H1 everything changes, the Donchian channel is wider while the envelopes are ...

Analysis and Trading based on Envelopes, Waves, Cycles

Today there is no high impact news according to the Forexfactory economic calendar schedule, it is predicted that the market will probably continue to consolidate looking for a future direction. On Friday Gold fell after hitting a record ATH, wary ...

What happen in the market today?

What happening with gold today, the price sharply declined, while the previous record new all-time high.

Gold

I like this part, reaction over prediction isn't it? Control of the market is impossible, control of trades is possible.

MTF Engulf / Engulf fail

Yesterday the EURUSD price drew a bearish candle amid mixed US economic data. EURUSD formed a high at 1.09404 and a low at 1.08932. The price drew a bearish long-body candle with almost no shadow reflecting a sharp decline. Visually, the price is ...

What happen in the market today?

I do not always listen to music every day during trades, depending on my mood, sometimes want to listen to music, and sometimes want to lower the noise in my room to be more focused. I like music slow rhythm music local country

What kind of music you hear while you trade?

AUDUSD prices tend to be flat ahead of Australian employment data. AUDUSD prices yesterday drew a smallish bearish candlestick with a longer wick at the top of the candle. Yesterday's highest price was 0.67543 and the lowest was 0.67206. The price ...

What happen in the market today?

What is this? USDJPY?, I see the chart has a similar price pattern at USDJPY. The price drop may be due to the US CPI actual data lower than expected at the time

Price is everything