By checking the GBP/USD chart, we can see that the price was able to move to higher targets again by keeping the support of the range of 1.20730 to 1.20960! The price is trying to fill the liquidity void of 1.22650 to 1.21750! Until now, the price has been able to fill 50% of this…
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By re-examining the EUR/USD chart, we see that according to the previous analysis, after entering the SELL ZONE range that I had specified on the chart, the price fell sharply and was able to bring us more than 150 pips of profit! After that, the price entered our support range again, and from the same…
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By checking the gold chart in the 12-hour time frame, we can see that yesterday, with the announcement of various news and the US interest rate remaining stable, price attacked below the very important range of $1971 to collect liquidity, and corrected up to $1970, and then Again, with a powerful growth, it has been…
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By re-examining the GOLD chart in the 12-hour time frame, we see that the price, after its growth to $2007, faced correction and was able to fall to the first downward target, ie $1977 ! After that, considering that the Gold price was in the support range, it was accompanied by renewed demand pressure and…
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ADP Non-Farm Employment Change is an economic indicator that shows the changes in the number of employment in the private sector of the US. This indicator is calculated without considering the agricultural, government, household, and non-profit workers. This indicator is based on the payroll data of about 400,000 private US companies that employ 23 million…
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By examining the GOLD (XAUUSD) chart in the 12-hour time frame, we see that the price, as expected, managed to grow above $2000 and hit its bullish target! After the price reached the supply range of 2000$ to 2022$ and recorded its highest price in the last 6 months, which is 2009$, today it corrected…
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CB Consumer Confidence is an index of the level of consumer confidence in economic activity. This index is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. This index is based on a monthly survey of about 5,000 American households and reflects their attitudes about current…
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By examining GBP/USD in the 2-hour time frame, we can see that after entering the attractive range of demand in the range of 1.20500 to 1.20800, the price faced demand pressure and managed to grow to the very important resistance of 1.2160 . Now, if the price consolidate above this If this support range ,…
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The advance GDP is the first estimate of the gross domestic product (GDP) of the U.S. for a given quarter. It is based on incomplete or preliminary data and may be revised later. The GDP is a measure of the total value of goods and services produced in a country and reflects the economic activity…
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Unemployment Claims shows the number of people who applied for unemployment insurance for the first time during the past week. This statistic is one of the first economic data of the United States and its impact on the market varies every week! Generally, Unemployment Claims is an indicator of the labor market and economic situation…
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