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Gold buy @ 1805
Sl: @ 1787
TP: @ 1847
GOLD BUY 1778

TP : 1782
TP : 1790
TP : 1800
TP : 1810
SL : 1760
Gpbusd buy @ 1.3940
Sl: @ 1.3840
TP: @ 1.4040
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GOLD SELL now at 1784.50
SL 1803
TP 1757
GBPAUD BUY

The currency pair breaks the upper border after consolidation that lasted for a year.
If this breakout is true, then the impulse exit and further movement will be long enough.
The first targets to which we expect growth are resistance 1.8554 and the next one - 1.8986
BUY XAUUSD/GOLD @ 1792

SL: 1772
TP1: 1794
TP2: 1797
TP3: 1802

‼Use small lot size
BUY XAUUSD/GOLD

ENTRY@ 1776
SL: 1755
TP1: 1778
TP2: 1781
TP3: 1786

‼Use small lot size
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@rosefx03
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, AUD/USD2021-06-18 16:40:00

US Dollar Talking Points:

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With the FOMC now in the rearview mirror we can say that this is one of the FOMC rate decisions that brought some element of volatility. The bank took on a tone that was a bit more hawkish than what many were looking for. This may have been discounted to a degree during the press conference when Jerome Powell urged to take the dot plot ‘with a big grain of salt.’

To be sure this wasn’t the first time that we heard Chair Powell attempt to shift the market’s focus away from the Fed’s interest rate projections. Because, after all, they’re mere projections and subject to revision as new data or information becomes available. But, markets may not have heard that ‘grain of salt’ part as prices have been running ever since that Wednesday meeting. Probably the most noticeable shift so far has been in the US Dollar, which has moved up by as much as 2.73% over the past week.

As I had shared in the Tuesday webinar, my bias was for US Dollar strength even despite having a longer-term bearish bias. The big challenge for bears over the past month has been a huge spot of confluent support around the 90.00 handle on DXY. This is the same zone that stalled the sell-off at the beginning of this year and after coming back into play in mid-May, a similar effect began to show.
Wishing everyone a blessful weekend


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@rosefx03
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