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Trading CFDS carry a high level of risk | Ts&Cs Applygo.onelink.me/Sh0c?pid=socia…Joined May 2021
🇬🇧 GBPUSD surged to a two‑month high!
On Wednesday, the pair jumped more than 1%, briefly touching 1.3558 – its highest level in two months.
📰 UK Chancellor change in the spotlight
FT reports that Home Secretary Shabana Mahmood is set to become the next Chancellor of the Exchequer.
💵 USDX gave up early gains, closing -0.41% at 100.51 – a broad dollar pullback boosted sterling.
🔍 Technical view
Daily: MACD golden cross → resistance at 1.360 / 1.366
4H: KDJ golden cross → support at 1.350 / 1.345
Strategy: Buy on dips, as long as 1.350 holds
✅XTrend Speed is an Authorized Financial Services Provider(FSP). FSP Number 23497.
🔔Trading CFDS carries a high level of risk.
⚠️Ts & Cs Apply.
#GBPUSD#Forex#UKChancellor#DollarWeakness#BullishTrend#TradingStrategy#XTrendSpeed
🇦🇺 AUDUSD hit a three‑week high!
On Tuesday, the Aussie climbed steadily, briefly reaching 0.6992 – its highest level in three weeks.
📉 US CPI miss softened rate‑hike bets
June CPI came in lower than expected, weighing on the USDX, which closed -0.35% at 100.93.
📊 Chinese trade balance beat expectations
(June: $125.62B vs $120.6B forecast – a positive signal for the Aussie)
🔍 Technical view
Daily: MACD golden cross → resistance at 0.702 / 0.708
4H: KDJ golden cross → support at 0.696 / 0.691
Strategy: Buy on dips, as long as 0.696 holds
🎯 Near‑term targets: 0.702 → 0.708
What's your move?🧐
✅XTrend Speed is an Authorized Financial Services Provider(FSP). FSP Number 23497.
🔔Trading CFDS carries a high level of risk.
⚠️Ts & Cs Apply.
#XTrendSpeed#WinnersHour#tradingDiscipline #forexJourney #RiskManagement#BeginnerTraders#PeaceAgreement#OilPlunge#BearishTrend#tradingStrategy #marketnews#investment#forextrading #forex#trading#AUDUSD#AussieDollar#USCPI#ChineseTrade#BullishTrend#tradingStrategy
🥇 Gold plunged ~3% – broke below $4,000!
On Monday, XAUUSD tumbled sharply, breaking below the $4,000 mark – its lowest level since July 1st.
💵 Geopolitical tensions boosted the dollar
Escalating Middle East conflict pushed the USDX higher, closing +0.31% at 101.28.
📊 Gold ETF holdings steady
SPDR Gold Trust held unchanged at 1,002.449 tons.
🔍 Technical view
Daily: KDJ death cross → support at 3,942 / 3,890
4H: MACD death cross → resistance at 4,050 / 4,080
Strategy: Sell on rebounds, as long as 4,050 caps upside
✅XTrend Speed is an Authorized Financial Services Provider(FSP). FSP Number 23497.
🔔Trading CFDS carries a high level of risk.
⚠️Ts & Cs Apply.
#tradingStrategy #marketnews#XTrendSpeed#investment#forextrading #forex#trading#XAUUSD#Gold#MiddleEastTensions#DollarStrength#BearishTrend#tradingStrategy
🇨🇭 USDCHF edged higher – held above 0.800!
Last Friday, the pair rose steadily, closing at 0.8087, up 0.23%.
💵 USDX rebounded toward 101, closing +0.04% at 100.97.
📊 Swiss consumer confidence missed expectations
(June: -35.8 vs -35 forecast – still improved from -38.1 prior)
🔍 Technical view
Daily: KDJ golden cross → resistance at 0.814 / 0.820
4H: MACD golden cross → support at 0.809 / 0.803
Strategy: Buy on dips, as long as 0.809 holds
🎯 Near‑term targets: 0.814 → 0.820
👇 What's your move?
✅XTrend Speed is an Authorized Financial Services Provider(FSP). FSP Number 23497.
🔔Trading CFDS carries a high level of risk.
⚠️Ts & Cs Apply.
#Geopolitics#TechnicalAnalysis#marketnews#xtrendspeed#investment#Forextrading #Forex#trading#MarketRecap#Economy#USDCHF#Forex#DollarStrength#SwissConsumerConfidence#BullishTrend#tradingStrategy
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