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βœ…USD/JPY

SELL
H1
Entry at 132.62
Take profit at 131.72
Stop loss at 132.97

Hints at a slowdown in the U.S. economy were enough to encourage some long USD/JPY investors to book profits. The Dollar/Yen dropped to its lowest level since June 17 last week, tracking the steep decline in Treasury yields, after data showed the U.S. economy contracted again in the second quarter, fueling speculation that the Federal Reserve will not raise rates as aggressively as previously expected.

risk disclosure
βœ…GBP/USD

BUY
H1
Entry at 1.2200
Take profit at 1.2299
Stop loss at 1.2160

A return to 1.2200 could bring 1.2300 into view
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βœ…EUR/USD

SELL
M30
Entry at 1.0250
Take profit at 1.0200
Stop loss at 1.0275

Geopolitics takes center stage today, with Nancy Pelosi due to visit Taiwan despite warnings from China. A stern China response could pressure the EUR. Geopolitical Tension could test the EUR at 1.0200

risk disclosure
βœ…USD/CAD

BUY
H1
Entry at 1.2852
Take profit at 1.2913
Stop loss at 1.2822

American Dollar stays strong as U.S. House Speaker Nancy Pelosi lands in Taiwan amid threats of Chinese retaliation!

Key Insights

βœ”οΈDemand for the safe-haven dollar increased ahead of Pelosi visit to Taiwan.
βœ”οΈWorst-case scenarios did not materialize, but demand for the U.S. dollar remained strong.
βœ”οΈUSD/CAD needs to get above the 50 EMA at 1.2880 to continue its rebound.

risk disclosure
πŸ’°USD/JPY take profit hit +100 pips!
πŸ””Trade Suggestion

βœ…GOLD XAU/USD Buy

Frame 4h Chart
Entry 1765
Targets: 1771 / 1777
Stop below support line

risk disclosure
πŸ””NFP TRADE SUGGESTIONS

βœ…EUR/USD BUY
Targets at 1.0252 ; 1.0267 ; 1.0280

βœ…GBP/USD BUY
Targets at 1.2153 ; 1.2166 ; 1.2181

βœ…XAU/USD GOLD BUY
Targets at 1790.40 ; 1793.15 ; 1795.95

Trade smart, protect your capital.

risk disclosure
πŸ””Trade Suggestion

βœ…GBP/USD

SELL
H4
Entry at 1.2098
Take profit at 1.2010
Stop loss at 1.2138

It is a quiet UK economic calendar. A lack of stats will leave the Pound in the hands of market risk sen ahead of Tuesday’s wage growth data. Risk Aversion could Test Buyers at $1.2000

risk disclosure
πŸ””Trade Suggestion

βœ…GBP/JPY Sell
Local Support Breakout / 130 Pips Opportunity

Entry : 161.35
Targets : 161.04 / 160.71 / 160.40 / 160.05
Stop : 162.05 / risk disclosure
πŸ””Trade Suggestion

βœ…EUR/USD

SELL
M30
Entry at 1.0244
Take profit at 1.0200
Stop loss at 1.0267

Following the Friday pull back, the EUR/USD pair will be in the hands of geopolitics following key stats from China and German wholesale price data. Geopolitics Could Test Buyers at $1.0200

risk disclosure
Enjoy the profits! πŸ‘ŠπŸ’Έ

Trading continues only with the Private club.
πŸ””Trade Suggestion

βœ…GBP/AUD Sell
Downtrend's Falling Resistance reached

Entry : 1.7145
Targets : 1.7111 / 1.7082 / 1.7053
Stop : 1.7190 / risk disclosure
βœ…USD/CAD

Price broke out of its corrective nature ( bullish falling wedge ) and currently in a corrective state ( bullish flag ) after an impulsive move to the upside.

risk disclosure
βœ…XAU/USD GOLD scenarios

5th wave was a rising wedge (bearish scenario)
Alternative scenarios could be a retest (bullish scenario)

πŸ’ŽJoin the private club for entry and exit suggestions on gold

risk disclosure