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BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
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The U.S. economy will show strong volatility after releasing the U.S Weekly Jobless Claims data on 29-12-2022 at 5:30 PM (GMT +4) with an expected result of 225K. If as expected, we might see a huge increase in gold prices and a major drop in DXY.
1810.00
Entry Price
1835.00
TP
1795.00
SL
250.0
Pips
Profit
1795.00
SL
1835.52
Exit Price
1810.00
Entry Price
1835.00
TP
Oil prices began to fall amid thin liquidity as investors balanced the consequences of China's reopening versus Russia's embargo on exports to buyers who comply with price caps.
77.587
Entry Price
75.800
TP
81.200
SL
361.3
Pips
Loss
75.800
TP
81.201
Exit Price
77.587
Entry Price
81.200
SL
The minutes of the Bank of Japan (BoJ) meeting expressed the continuation of loose monetary policy, weakening the JPY. The USDJPY declined before the European session opened on Wednesday. The USDJPY cut back on gains after a solid opening as it hit resistance at a one-week high of 134.40.
133.792
Entry Price
130.740
TP
136.500
SL
221.8
Pips
Profit
130.740
TP
131.574
Exit Price
133.792
Entry Price
136.500
SL
As the Christmas holidays in the United States came to an end, the market began to gradually recover.
1190.00
Entry Price
1250.00
TP
1140.00
SL
253.8
Pips
Profit
1140.00
SL
1215.38
Exit Price
1190.00
Entry Price
1250.00
TP
Gold prices once touched $1830 per ounce, expanding to 1.38% during the day.
1820.00
Entry Price
1870.00
TP
1811.00
SL
500.0
Pips
Profit
1811.00
SL
1870.01
Exit Price
1820.00
Entry Price
1870.00
TP
The dollar has not fallen further since December but has fluctuated in a narrow range at the bottom. For now, the shape of the bottom is relatively solid. With the accumulated energy is sufficient, the rebound may be imminent.
104.000
Entry Price
108.000
TP
101.000
SL
26.5
Pips
Profit
101.000
SL
104.265
Exit Price
104.000
Entry Price
108.000
TP
Gold prices will be under pressure as expectations of the Fed maintaining tightening have strengthened.
1824.00
Entry Price
1774.00
TP
1854.00
SL
300.0
Pips
Loss
1774.00
TP
1854.12
Exit Price
1824.00
Entry Price
1854.00
SL
Mohammad Omar
Analyst
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Ranking
--
Articles
8
Win Rate
0.00%
P/L Ratio
2.00
Focus on
XAUUSD, EURUSD, USDCAD
The Non-Farm Payroll is Expected to Drop to the 200K Level & Gold Might Show a Huge Increase
EXPIREDGold: Gold Prices Touched 1833 Amid Threatens of a China-Taiwan War
PROFIT +350.0 PipsMight See a Huge Increase in Gold Prices with The U.S Initial Jobless Claims Report Released
LOSS -150.0 PipsThe Canadian Core CPI MoM will be Released on December 21, 2022, if the Result is Above 0.4% it would be Bullish for the Canadian Currency
PROFIT +60.0 Pipswe Might See an Increase in EURUSD Pair
PROFIT +30.9 PipsThe risk of loss in trading financial assets such as stocks, FX, commodities, futures, bonds, ETFs or crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
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