EUR/USD’s fall from 1.1213 accelerates further and intraday bias remains on the downside. Next target is 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Firm break there will pave the way to 100% projection at 1.0483.For now, near term outlook will stay bearish as long as 1.0936 resistance holds, in case of recovery. In the bigger picture, price actions from 1.1274 (2023 high) are seen as a consolidation pattern to up trend from 0.9534 (2022 low), with fall from 1.1213 as the third leg. Downside should be contained by 50% retracement of 0.9534 (2022 low) to 1.1274 at 1.0404, to bring up trend resumption at a later stage.

EUR/USD’s fall from 1.1213 accelerates further and intraday bias remains on the downside. Next target is 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Firm break there will pave the way to 100% projection at 1.0483.For now, near term outlook will stay bearish as long as 1.0936 resistance holds, in case of recovery. In the bigger picture, price actions from 1.1274 (2023 high) are seen as a consolidation pattern to up trend from 0.9534 (2022 low), with fall from 1.1213 as the third leg. Downside should be contained by 50% retracement of 0.9534 (2022 low) to 1.1274 at 1.0404, to bring up trend resumption at a later stage.

Mastering every theory and strategy in the forex market doesn’t guarantee profitability. True growth and resilience come from years of real-world experience—learning through losses, adapting, and evolving. It's a journey where each setback is a stepping stone. Remember, #ImpossibleIsNothing!

Mastering every theory and strategy in the forex market doesn’t guarantee profitability. True growth and resilience come from years of real-world experience—learning through losses, adapting, and evolving. It's a journey where each setback is a stepping stone. Remember, #ImpossibleIsNothing!

On the daily chart, we can see that gold bounced near the major trendline as the buyers stepped in to position for a rally into a new all-time high. The sellers, on the other hand, will want to see the price breaking lower to increase the bearish bets into new lows.

On the daily chart, we can see that gold bounced near the major trendline as the buyers stepped in to position for a rally into a new all-time high. The sellers, on the other hand, will want to see the price breaking lower to increase the bearish bets into new lows.

The only winning trade I’ve taken this week so far. I took two trades though. EURUSD ❌ GBPUSD ✅

The only winning trade I’ve taken this week so far. I took two trades though. EURUSD ❌ GBPUSD ✅

Close or hold ? XAUUSD

Close or hold ? XAUUSD

Today's forex exchange rates as provided by @BOU_Official on X

Today's forex exchange rates as provided by @BOU_Official on X

Markets react to Trump win: US futures, dollar surge, commodities drop Everything you need to know and what to expect next👉 forex.com/en-us/news-and…

Markets react to Trump win: US futures, dollar surge, commodities drop Everything you need to know and what to expect next👉 forex.com/en-us/news-and…

XAUUSD sell 2704 TP 1 2702 TP 2 2701 TP 3 2700 TP 4 2689 SL @ 2720

XAUUSD sell 2704 TP 1 2702 TP 2 2701 TP 3 2700 TP 4 2689 SL @ 2720

CBI auctions +$280 million in forex on Wednesday

CBI auctions +$280 million in forex on Wednesday

🫵🏼🫵🫡✊✊🏼✊🏼✊🏼 2695 🖐️😀

🫵🏼🫵🫡✊✊🏼✊🏼✊🏼 2695 🖐️😀

#GOLD #XAUUSD #AUDUSD #EURUSD #GBPJPY #GBPUSD #Bitcoin #Crypto #forexsignals

#GOLD #XAUUSD #AUDUSD #EURUSD #GBPJPY #GBPUSD #Bitcoin #Crypto #forexsignals

1. To learn trading, hire a broker, read investment books, financial articles, find mentors, study successful investors, monitor the market, attend seminars, and learn from your mistakes. 2.In trading, always use a trading plan. This lets you know when you should take profit and when you should reduce losses. 3.In trading, make a strategy to limit losses. 4.In trading, trade with your own money only. 5.In trading, do not wait for the stop loss position to be triggered 6.In trading, do not invest in too many markets at once 7.In trading, deal with reliable and reputable intermediaries 8.In trading, learn market flow, chart patterns, and choosing the right companies to invest in. 9.In trading, do not depend on losses. 10.In trading, do not try to recover losses by overtrading.

1. To learn trading, hire a broker, read investment books, financial articles, find mentors, study successful investors, monitor the market, attend seminars, and learn from your mistakes. 2.In trading, always use a trading plan. This lets you know when you should take profit and when you should reduce losses. 3.In trading, make a strategy to limit losses. 4.In trading, trade with your own money only. 5.In trading, do not wait for the stop loss position to be triggered 6.In trading, do not invest in too many markets at once 7.In trading, deal with reliable and reputable intermediaries 8.In trading, learn market flow, chart patterns, and choosing the right companies to invest in. 9.In trading, do not depend on losses. 10.In trading, do not try to recover losses by overtrading.

US Dollar (USD) loses its strength on Tuesday due to the ongoing presidential election. We projected a bearish directional bias base on Technical terms. The USD gathers strength early today (Wednesday) as market react to US presidential election results Donald Trump is projected to retake key battleground states that he narrowly lost in 2020

US Dollar (USD) loses its strength on Tuesday due to the ongoing presidential election. We projected a bearish directional bias base on Technical terms. The USD gathers strength early today (Wednesday) as market react to US presidential election results Donald Trump is projected to retake key battleground states that he narrowly lost in 2020

Forex Today: US Dollar rallies as Donald Trump remains on track to win presidency Here is what you need to know on Wednesday, November 6: The US Dollar (USD) gathers strength early Wednesday as markets react to US presidential election results, with the USD trading at its highest level since early July above 105.00. The US economic calendar will not feature any high-tier data releases and investors will continue to pay close attention to headlines surrounding the election outcome in key battleground states. Donald Trump is projected to retake key battleground states that he narrowly lost in 2020. Almost every new major news outlet has called Georgia and North Carolina for Donald Trump. Just recently, Fox News has called Pennsylvania and Wisconsin for also Donald Trump. According to Decision Desk HQ, Trump is on track to become the 47th President of the United States. Furthermore, Republicans are projected to take the majority of the House after securing the Senate. the meantime, the benchmark 10-year US Treasury bond yield is up more than 3% on the day above 4.4% and US stock index futures gain between 1.5% and 1.7%. EUR/USD stays under heavy bearish pressure and loses nearly 2% on the day below 1.0750 in the early European session. Eurostat will publish Producer Price Index (PP|) data for September later in the session. European Central Bank (ECB) President Christine Lagarde is scheduled to deliver a speech at 14:00 GMT. GBP/USD declines sharply on Wednesday and trades below 1.2900, pressured by impressive USD strength. USD/JPY gathers bullish momentum and trades at its highest level since late July above 154.00. Gold turns south after posting small daily gains on Tuesday and falls toward $2,700, dragged by the rallying US Treasury bond yields. AUD/USD stays on the back foot and loses nearly 1.5% on the day, trading slightly below 0.6550. Similarly, NZD/USD was last seen losing 1.4% at 0.5930.

Forex Today: US Dollar rallies as Donald Trump remains on track to win presidency Here is what you need to know on Wednesday, November 6: The US Dollar (USD) gathers strength early Wednesday as markets react to US presidential election results, with the USD trading at its highest level since early July above 105.00. The US economic calendar will not feature any high-tier data releases and investors will continue to pay close attention to headlines surrounding the election outcome in key battleground states. Donald Trump is projected to retake key battleground states that he narrowly lost in 2020. Almost every new major news outlet has called Georgia and North Carolina for Donald Trump. Just recently, Fox News has called Pennsylvania and Wisconsin for also Donald Trump. According to Decision Desk HQ, Trump is on track to become the 47th President of the United States. Furthermore, Republicans are projected to take the majority of the House after securing the Senate. the meantime, the benchmark 10-year US Treasury bond yield is up more than 3% on the day above 4.4% and US stock index futures gain between 1.5% and 1.7%. EUR/USD stays under heavy bearish pressure and loses nearly 2% on the day below 1.0750 in the early European session. Eurostat will publish Producer Price Index (PP|) data for September later in the session. European Central Bank (ECB) President Christine Lagarde is scheduled to deliver a speech at 14:00 GMT. GBP/USD declines sharply on Wednesday and trades below 1.2900, pressured by impressive USD strength. USD/JPY gathers bullish momentum and trades at its highest level since late July above 154.00. Gold turns south after posting small daily gains on Tuesday and falls toward $2,700, dragged by the rallying US Treasury bond yields. AUD/USD stays on the back foot and loses nearly 1.5% on the day, trading slightly below 0.6550. Similarly, NZD/USD was last seen losing 1.4% at 0.5930.

#GOLD #XAUUSD #AUDUSD #EURUSD #GBPJPY #GBPUSD #Bitcoin #Crypto #forexsignals

#GOLD #XAUUSD #AUDUSD #EURUSD #GBPJPY #GBPUSD #Bitcoin #Crypto #forexsignals

On the weekly timeframe, #EURUSD closing with this big upper wick on the blue rising support isn't a good #bullish news and signify there's weakness in the market. #forex

On the weekly timeframe, #EURUSD closing with this big upper wick on the blue rising support isn't a good #bullish news and signify there's weakness in the market. #forex

FOREX-Dollar surges, bitcoin hits record high as Trump claims victory

FOREX-Dollar surges, bitcoin hits record high as Trump claims victory

Donald Trump has claimed the results from the US presidential election give him a "powerful mandate" as the latest returns suggest he is close to emerging victorious. #forexbroker #forexmarket #forexnews #usa #donaldtrump #election

Donald Trump has claimed the results from the US presidential election give him a "powerful mandate" as the latest returns suggest he is close to emerging victorious. #forexbroker #forexmarket #forexnews #usa #donaldtrump #election

1. The US Dollar Index rose by over 1%, crossing the 105 mark, its biggest one-day increase in seven months. 2. #EURUSD and #GBPUSD both plummeted, with the Euro falling the most among G10 currencies. 3. The #USDJPY broke 154, its highest level since July 30, up 1.69% in one day. 4. The Hungarian forint hit a new low of 409.6 to the euro, the weakest since December 2022. 5. Traders expect the Fed to cut rates in November and December, but with only two cuts in 2025. #Forex #Dollar #EURUSD #GBPUSD #USDJPY

1. The US Dollar Index rose by over 1%, crossing the 105 mark, its biggest one-day increase in seven months. 2. #EURUSD and #GBPUSD both plummeted, with the Euro falling the most among G10 currencies. 3. The #USDJPY broke 154, its highest level since July 30, up 1.69% in one day. 4. The Hungarian forint hit a new low of 409.6 to the euro, the weakest since December 2022. 5. Traders expect the Fed to cut rates in November and December, but with only two cuts in 2025. #Forex #Dollar #EURUSD #GBPUSD #USDJPY

The Mexican Peso plunges several percentage points against its major pairs after Donald Trump secures 267 electoral votes, three away from victory. Trump’s threats of whacking huge tariffs on Mexican imports is wreaking havoc with the Peso. #usdmxn #mexicanpeso #forexnews

The Mexican Peso plunges several percentage points against its major pairs after Donald Trump secures 267 electoral votes, three away from victory. Trump’s threats of whacking huge tariffs on Mexican imports is wreaking havoc with the Peso. #usdmxn #mexicanpeso #forexnews