Industry

Market Update Aug 14, 2026

CPI Cools Fed Expectations, Gold Retreats from $4,450, Oil Holds Near $81, ASX Extends DeclineExecutive SummaryUS inflation data met expectations, cooling Fed rate hike expectations and sending the September probability down to ~40%. Gold pulled back from a two-month high of $4,450, while the dollar remained steady near 100. Oil held near $81 as geopolitical risks and demand concerns kept prices in a tight range. Asian equities were mixed, with the ASX200 extending losses as RBA officials reaffirmed the need to maintain tight monetary policy.US Dollar – Steady Near 100, Hovering Below Key MAsDXY trades near 99.80-100.05. July CPI rose 3.4% (down from 3.5%), while core CPI rose 2.5% (down from 2.6%). September Fed hike odds dropped from 55% to 40%. The dollar has lost both the 20-day (100.45) and 50-day (100.51) moving averages, now holding only above the 100-day MA at 99.75. RSI at 43.23 suggests further downside room remains.Key levels: Support 99.75–99.17; Resistance 100.45–100.51.Outlook: Bearish short-term. PPI data tonight will set direction.USD/JPY – Hovering Near 159.40, Intervention Risk LoomsUSD/JPY trades near 159.40, with US-Japan intervention remaining a key risk. The 160.00 psychological level is a critical threshold – a break above could trigger fresh intervention. The 200-day MA at 158.19 serves as key support. Finance Minister Katayama confirmed US-Japan coordinated intervention, with Trump calling it a "signal of friendship."Key levels: Support 159.00–158.19; Resistance 160.00–160.70.Outlook: Neutral to bearish. Intervention risk elevated.WTI Crude – Holding Near $81WTI crude trades near $80.30-81.00/bbl. US missile strikes on oil tankers escalated tensions, while Pakistan continues mediation efforts. US ammunition shortages limit the potential for major military escalation. Prices remain caught between geopolitical risks and weak demand fundamentals.Key levels: Support $80.00–$78.66; Resistance $83.98–$85.00.Outlook: Neutral. Watch geopolitical headlines closely.Gold – Pulls Back from $4,450Gold trades near $4,338-4,345/oz, retreating after hitting $4,450. The CPI data was supportive for gold (lower Fed hike odds), but the metal had already priced in much of the move, leading to profit-taking. The $4,500 level – which also coincides with the 200-day MA at $4,503 – remains a strong psychological barrier.Key levels: Support $4,300–$4,250–$4,231; Resistance $4,435–$4,500.Outlook: Neutral to bearish short-term. Needs to hold $4,300 to maintain upward momentum.ASX200 – Extends Losses as Hawkish RBA Signals WeighASX200 fell 0.2% to 9,188, its second consecutive decline. RBA Assistant Governor Kent reaffirmed the need to maintain tight monetary policy to curb inflation. China signaled no major stimulus, weighing on materials stocks. Utilities (+2.78%) and tech (+0.85%) outperformed.Key levels: Support 9,150–9,040; Resistance 9,250–9,300.Outlook: Short-term pullback, medium-term trend remains positive.NZX50 – Rebounds 0.6%NZX50 rose 0.6% to 13,825, recovering from a two-day decline. Q3 inflation expectations fell to 2.34%, reducing RBNZ rate hike expectations. Banks and consumer stocks led gains.Key levels: Support 13,737–13,700; Resistance 14,012.Outlook: Technical recovery, medium-term trend remains positive.Key Events Today (August 14) – IMPORTANTTime (AEST)EventNotes19:00UK GDP (Q2)Expected to show slower growth22:30US Producer Price Index (Jul)Wholesale inflation data22:30US Initial Jobless ClaimsWeekly unemployment dataCurrency Pairs – Key LevelsEUR/USD: 1.1516–1.1530 – Hỗ trợ 1.1500–1.1464; Kháng cự 1.1566–1.1620GBP/USD: 1.3485–1.3500 – Hỗ trợ 1.3480–1.3415; Kháng cự 1.3550–1.3560AUD/USD: 0.7046–0.7050 – Hỗ trợ 0.7016–0.7000; Kháng cự 0.7091–0.7100USD/JPY: 159.40–159.60 – Hỗ trợ 159.00–158.19; Kháng cự 160.00–160.70DXY: Bearish short-term below 100.45Gold: Correcting from highs, needs to hold $4,300Oil: Range-bound, geopolitical-drivenUSD/JPY: Intervention risk at 160ASX200: Pullback, medium-term positiveNZX50: Recovering, medium-term positiveTrade with caution. Use BCR's Economic Calendar to stay ahead of key data releases.BCR – Bridge The Difference#thebcr #bcrTrading #bcrGlobal

2026-08-14 15:33

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FIB RSI Long Setup.

When trading with the trend, one of the most effective strategies you can master is combining Fibonacci retracement levels with momentum indicators like the RSI. This setup isn't about chasing the market or guessing tops and bottoms; it's about exercising patience and letting high-probability opportunities come directly to you. Understanding the Setup To build this setup, start by identifying a clear, established uptrend. Draw your Fibonacci retracement tool from the dominant swing low straight to the recent swing high. Instead of jumping in blindly as price drops, wait for a pull-back into a strong key support zone—specifically targeting the 50% retracement level. This level frequently acts as a solid floor where buyers step back into the market. Confirming with Momentum & Managing Risk Price reaching a key Fib level is only half the battle; you need momentum on your side to confirm the move. This is where the RSI (14) plays a crucial role. Wait for the RSI to dip into oversold territory (below 30) and look for it to curl upward. An oversold reading alone isn't an automatic buy signal—the edge comes when RSI turns up, showing that buyers are actively resuming control. Finally, never execute a trade without clear risk parameters. Place your stop-loss just below the 61.8% Fib level or the recent local swing low to protect your capital if the trend fails. By stacking Fibonacci support, RSI momentum confirmation, and strict risk management, you turn a simple pull-back into a structured, reliable long setup.

2026-08-13 15:31 United Kingdom

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IndustryGold Faces Capped Near-Term Upside

Gold prices are finding steady support as traders bet the Federal Reserve will hold off on interest rate hikes, driven by political uncertainty, a soft labor market, and a general willingness to overlook short-term energy spikes. However, institutional analysts warn that upside momentum remains limited in the near term. ​The main wildcard continues to be the energy market. With persistent tensions in the Persian Gulf threatening oil supplies, a surge in energy prices could easily reignite inflation concerns. If oil spikes significantly, the bar for another Fed rate hike remains surprisingly low, which would force market participants to reprice their policy expectations higher for both this year and next. ​Given the risk of higher interest rates lingering longer, gold is expected to remain stuck in a defined trading range of $4,200 to $4,500 per ounce into early 2027. A more substantial breakout higher isn't anticipated until later that year, when easing inflation, a softer US Dollar, and lower carry costs finally give bullion the green light to rally.

ThexproLLC

2026-08-18 20:41

IndustryPIP!! A term you must know...

Hey everyone! Quick breakdown today on one of the most fundamental concepts in forex trading: What is a Pip? If you're just starting out, all these small decimal points can feel a bit confusing, but it’s actually super simple once you see it visually. What is a Pip? PIP stands for "Percentage in Point" or "Price Interest Point." In plain English, it’s the standard unit used to measure the smallest price movement an exchange rate can make. For most currency pairs, it's the 4th decimal place (0.0001). Breaking Down the Example (GBP/USD) Take a look at the image above: Bid Price: 1.3089 Ask Price: 1.3091 The last digit in orange (9 and 1) represents the pips. When you subtract the Bid from the Ask: 1.3091 - 1.3089 = 0.0002 (or 2 pips). That difference between the buy and sell price is what we call the Spread—which is effectively the cost of opening the trade. Why Does This Matter? Position Sizing: Knowing pip values helps you calculate your risk before entering a trade. Profit & Loss: Your gains or losses are calculated based on how many pips the market moves for or against your position. Mastering how pips work is your first step toward solid risk management.

ThexproLLC

2026-08-18 19:35

IndustryGood Vs Bad Resistance Zone..

Not all resistance rejections are created equal. If you want to stop getting trapped when trading key levels, you need to look closer at how the bearish confirmation candle closes. ​Here is a simple breakdown of what to look for before placing that entry: ​Bad (Weak Acceptance): Price spikes WAY above the zone, leaves a massive upper wick, and then drops. While it rejected the zone, that huge upper shadow shows high volatility and liquidity hunting—meaning buyers were still pushing hard. Entering immediately here is risky. OK (Moderate Acceptance): The upper wick is much smaller, and the red candle closes stronger. This signals that sellers actually stepped in right after testing the level. It’s decent, but not bulletproof. Good (Strong Acceptance): Zero upper wick! Price tapped the resistance zone, got rejected instantly, and pushed straight down to close right near its low. This shows complete seller dominance and strong conviction. The Key Takeaway Never jump into a trade the second price touches a zone. Always look at the closing structure of the confirmation candle. Clean closes with minimal upper wicks give you the highest-probability setups.

ThexproLLC

2026-08-18 15:09

IndustryTop 20 Candlestick Patterns..

Candlestick patterns are one of the simplest ways to understand what price is trying to tell us. They can help traders spot potential reversals, identify continuation moves, and understand where buyers or sellers may be gaining control. In the chart above, I’ve highlighted 20 commonly used candlestick patterns, including Hammer, Inverted Hammer, Shooting Star, Bullish Engulfing, Morning Star, Doji, Marubozu, Rising Three Methods, Three White Soldiers, and Three Black Crows. But one important thing I always remind traders: don’t trade a candlestick pattern in isolation. A pattern becomes much more meaningful when it appears around a strong support or resistance level and is confirmed by price action, trend, volume, or other technical analysis. The goal isn’t to memorize every pattern. It’s to understand what the candles are telling you about market psychology—and then use that information as part of a proper trading plan. Learn the pattern. Wait for confirmation. Manage your risk.

ThexproLLC

2026-08-17 20:15

IndustryGold Buyers are walking into a trap... 4300$ next?

Yes, Gold has shown some upside momentum, but in my view, this move may mainly be trapping sellers positioned around 4400. Price action has become very choppy, and with price holding Friday’s Asian opening and trading near Friday’s high, many buyers are now expecting further upside. But here’s the important part: last Friday’s low formed almost exactly around last Monday’s low, meaning many buyers have already entered from that area expecting a bigger move. Sentiment is clearly bullish, but around the current levels, I don’t see enough liquidity above the market to support a strong continuation. That’s why I’m more interested in the downside for now. Be very careful around 4415–4382. This can be a no-trading zone, or only a place for small scalps, because the price action is extremely choppy. I would rather wait for a clear momentum shift. For me, the better selling opportunity starts below 4385, with stronger confirmation below 4382. If that breaks with proper momentum, my targets are 4363 → 4340, and if selling pressure continues, 4300 becomes the bigger swing target. So sellers, stay ready—but don’t blindly sell inside the chop. Let the market confirm first. If buyers become trapped here, we could see a proper liquidation move.

ThexproLLC

2026-08-17 14:57

IndustryDon't Trade the Zone, Trade the Reaction.

Support Zone Acceptance: Don’t Enter Just Because Price Touched Support One mistake I see traders make often is entering a trade simply because price reaches a support zone. But touching support doesn’t automatically mean price will bounce. What matters is how price behaves after reaching the zone. 🔴 Weak Acceptance: If the bullish candle has a large upper wick, it shows that price moved higher but sellers pushed it back down. That’s not strong confirmation. 🟡 Okay Acceptance: A stronger bullish candle with a smaller upper wick shows that buyers are gaining control, but I would still wait for more confirmation. 🟢 Strong Acceptance: When there’s little or no upper wick and the candle closes near its high, it shows buyers managed to hold the higher prices after support was accepted. The key lesson is simple: don’t trade the support zone—trade the reaction from the support zone. Before entering, give the confirmation candle a closer look. Patience here can help you avoid many unnecessary trades. Trade the confirmation, not just the level.

ThexproLLC

2026-08-14 20:07

IndustryBullish & Bearish Patterns.

Ever feel like relying on just one chart pattern isn’t quite enough to give you full confidence before hitting execute? You’re not alone. The real magic in trading usually happens when you start combining structural chart patterns with candlestick price action for confluence. ​Think of it like building a case: a Double Bottom or Wolfe Wave gives you the high-probability area, but a solid Hammer or Bullish Engulfing candle gives you the actual entry signal. When you align pattern structures with strong candlestick confirmations—and factor in key trading sessions like London or New York volume—you aren't just guessing a direction; you're stacking the odds heavily in your favor. Next time you spot a pattern forming, don't jump in right away—wait for that candlestick signal to confirm the move first

ThexproLLC

2026-08-14 18:23

IndustryMarket Update Aug 14, 2026

CPI Cools Fed Expectations, Gold Retreats from $4,450, Oil Holds Near $81, ASX Extends DeclineExecutive SummaryUS inflation data met expectations, cooling Fed rate hike expectations and sending the September probability down to ~40%. Gold pulled back from a two-month high of $4,450, while the dollar remained steady near 100. Oil held near $81 as geopolitical risks and demand concerns kept prices in a tight range. Asian equities were mixed, with the ASX200 extending losses as RBA officials reaffirmed the need to maintain tight monetary policy.US Dollar – Steady Near 100, Hovering Below Key MAsDXY trades near 99.80-100.05. July CPI rose 3.4% (down from 3.5%), while core CPI rose 2.5% (down from 2.6%). September Fed hike odds dropped from 55% to 40%. The dollar has lost both the 20-day (100.45) and 50-day (100.51) moving averages, now holding only above the 100-day MA at 99.75. RSI at 43.23 suggests further downside room remains.Key levels: Support 99.75–99.17; Resistance 100.45–100.51.Outlook: Bearish short-term. PPI data tonight will set direction.USD/JPY – Hovering Near 159.40, Intervention Risk LoomsUSD/JPY trades near 159.40, with US-Japan intervention remaining a key risk. The 160.00 psychological level is a critical threshold – a break above could trigger fresh intervention. The 200-day MA at 158.19 serves as key support. Finance Minister Katayama confirmed US-Japan coordinated intervention, with Trump calling it a "signal of friendship."Key levels: Support 159.00–158.19; Resistance 160.00–160.70.Outlook: Neutral to bearish. Intervention risk elevated.WTI Crude – Holding Near $81WTI crude trades near $80.30-81.00/bbl. US missile strikes on oil tankers escalated tensions, while Pakistan continues mediation efforts. US ammunition shortages limit the potential for major military escalation. Prices remain caught between geopolitical risks and weak demand fundamentals.Key levels: Support $80.00–$78.66; Resistance $83.98–$85.00.Outlook: Neutral. Watch geopolitical headlines closely.Gold – Pulls Back from $4,450Gold trades near $4,338-4,345/oz, retreating after hitting $4,450. The CPI data was supportive for gold (lower Fed hike odds), but the metal had already priced in much of the move, leading to profit-taking. The $4,500 level – which also coincides with the 200-day MA at $4,503 – remains a strong psychological barrier.Key levels: Support $4,300–$4,250–$4,231; Resistance $4,435–$4,500.Outlook: Neutral to bearish short-term. Needs to hold $4,300 to maintain upward momentum.ASX200 – Extends Losses as Hawkish RBA Signals WeighASX200 fell 0.2% to 9,188, its second consecutive decline. RBA Assistant Governor Kent reaffirmed the need to maintain tight monetary policy to curb inflation. China signaled no major stimulus, weighing on materials stocks. Utilities (+2.78%) and tech (+0.85%) outperformed.Key levels: Support 9,150–9,040; Resistance 9,250–9,300.Outlook: Short-term pullback, medium-term trend remains positive.NZX50 – Rebounds 0.6%NZX50 rose 0.6% to 13,825, recovering from a two-day decline. Q3 inflation expectations fell to 2.34%, reducing RBNZ rate hike expectations. Banks and consumer stocks led gains.Key levels: Support 13,737–13,700; Resistance 14,012.Outlook: Technical recovery, medium-term trend remains positive.Key Events Today (August 14) – IMPORTANTTime (AEST)EventNotes19:00UK GDP (Q2)Expected to show slower growth22:30US Producer Price Index (Jul)Wholesale inflation data22:30US Initial Jobless ClaimsWeekly unemployment dataCurrency Pairs – Key LevelsEUR/USD: 1.1516–1.1530 – Hỗ trợ 1.1500–1.1464; Kháng cự 1.1566–1.1620GBP/USD: 1.3485–1.3500 – Hỗ trợ 1.3480–1.3415; Kháng cự 1.3550–1.3560AUD/USD: 0.7046–0.7050 – Hỗ trợ 0.7016–0.7000; Kháng cự 0.7091–0.7100USD/JPY: 159.40–159.60 – Hỗ trợ 159.00–158.19; Kháng cự 160.00–160.70DXY: Bearish short-term below 100.45Gold: Correcting from highs, needs to hold $4,300Oil: Range-bound, geopolitical-drivenUSD/JPY: Intervention risk at 160ASX200: Pullback, medium-term positiveNZX50: Recovering, medium-term positiveTrade with caution. Use BCR's Economic Calendar to stay ahead of key data releases.BCR – Bridge The Difference#thebcr #bcrTrading #bcrGlobal

Richie Vo

2026-08-14 15:33

IndustryFIB RSI Long Setup.

When trading with the trend, one of the most effective strategies you can master is combining Fibonacci retracement levels with momentum indicators like the RSI. This setup isn't about chasing the market or guessing tops and bottoms; it's about exercising patience and letting high-probability opportunities come directly to you. Understanding the Setup To build this setup, start by identifying a clear, established uptrend. Draw your Fibonacci retracement tool from the dominant swing low straight to the recent swing high. Instead of jumping in blindly as price drops, wait for a pull-back into a strong key support zone—specifically targeting the 50% retracement level. This level frequently acts as a solid floor where buyers step back into the market. Confirming with Momentum & Managing Risk Price reaching a key Fib level is only half the battle; you need momentum on your side to confirm the move. This is where the RSI (14) plays a crucial role. Wait for the RSI to dip into oversold territory (below 30) and look for it to curl upward. An oversold reading alone isn't an automatic buy signal—the edge comes when RSI turns up, showing that buyers are actively resuming control. Finally, never execute a trade without clear risk parameters. Place your stop-loss just below the 61.8% Fib level or the recent local swing low to protect your capital if the trend fails. By stacking Fibonacci support, RSI momentum confirmation, and strict risk management, you turn a simple pull-back into a structured, reliable long setup.

ThexproLLC

2026-08-13 15:31

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