TP Market Trades

XAUUSD Technical Analysis 16th August 2024 1h chart

Salim Yakoubene — Thu, 15 Aug 2024 22:24:23 +0000

– Thursday Daily candle closed Bullish around 2456.400 forming Daily Support around 2446.800 and Rejecting recent Daily Resistance formed on Monday. I’ll be looking for potential Buys above 2463.600 targeting Daily Resistance around 2470.500 Leaving Runners to the 15min Resistance formed around 2477.700. I’ll be looking for potential Sells below 2452.200 targeting 15min Support around 2444.200 Leaving Runners to the next 15min Support around 2437.200. Medium Impact News ahead of the New York session for the US Dollar which may bring volatility to the market. Will be keeping an eye and making a note on how this Weekly candle close as 2 Weekly candles rejected the 2475 level.

GBPJPY Technical Analysis 16th August 2024 1h chart

Salim Yakoubene — Thu, 15 Aug 2024 22:10:56 +0000

– Thursday Daily candle closed extremely Bullish around 191.780 breaking out of the recent 4h Consolidation Zone. I’ll be looking for potential Buys above 192.100 targeting 30min previous Support formed around 192.560 Leaving Runners to the 4h Resistance formed on 1st August 2024 around 193.260. I’ll be looking for potential Sells below 191.430 targeting 1h previous Resistance formed on 1st August 2024 around 190.930 Leaving Runners to the next 1h previous Resistance formed on 2nd August 2024 around 190.280. Weekly so far is Bullish and more likely will close Bullish forming Weekly Support and correcting the Sells that took place within the last 4 weeks.

XAUUSD Technical Analysis 15th August 2024 1h chart

Salim Yakoubene — Wed, 14 Aug 2024 22:35:19 +0000

– Wednesday Daily candle closed strong Bearish around 2447.500 respecting recent Daily Resistance formed on Tuesday this week. I’ll be looking for potential Buys above 2453.000 targeting 4h previous Support formed around 2460.500 Leaving Runners to the 30min previous Support formed around 2470.000, I’ll be looking for potential Sells below 2441.300 targeting 30min Support formed around 2434.300 Leaving Runners to the Hourly Support formed around 2426.300. High Impact News ahead of the New York session for the US Dollar which may bring high volatility to the market.

GBPJPY Technical Analysis 15th August 2024 1h chart

Salim Yakoubene — Wed, 14 Aug 2024 22:27:40 +0000

– Wednesday Daily candle closed Doji Bullish around 188.900 as price continues to range on the 4h timeframe. I’ll be looking for potential Buys above 189.390 targeting 1h previous Resistance formed on 2nd August 2024 around 189.890 Leaving Runners to the previous Daily Support formed on 14th April 2024 around 190.360. I’ll be looking for potential Sells below 188.460 targeting 15min Support around 188.060 Leaving Runners to the previous Daily Resistance formed on 8th August 2024 around 187.560. The Analysis have been kept exactly the same as the previous one posted as price has ranged within the No Trade Zone, Ideally is to wait for price to break out of the range during high volume time to increase the probability of winning the trade.

XAUUSD Technical Analysis 14th August 2024 1h chart

Salim Yakoubene — Tue, 13 Aug 2024 22:16:05 +0000

– Tuesday Daily candle closed small Bearish around 2462.600 forming weak Daily Resistance around 2472.400 as price mostly ranged on the 4h timeframe. I’ll be looking for potential Buys above 2475.000 targeting July Monthly High formed around 2484.500 Leaving Runners to a potential Key Level around 2490s. I’ll be looking for potential Sells below 2460.000 targeting Hourly Support around 2453.000 Leaving Runners to the 1h previous Resistance formed around 2444.700. High Impact News ahead of the New York session open for the US Dollar for Core CPI m/m, CPI m/m and CPI y/y, High Volume expected around the New York Stock Exchange session leading to London Close.

GBPJPY Technical Analysis 14th August 2024 1h chart

Salim Yakoubene — Tue, 13 Aug 2024 22:10:46 +0000

– Tuesday Daily candle closed Bullish around 188.800 as price tapped both of the buy targets that were set in place from Monday’s analysis. I’ll be looking for potential Buys above 189.390 targeting 1h Resistance formed on 2nd August 2024 around 189.890 Leaving Runners to the previous Daily Support formed on 14th April 2024 around 190.360. I’ll be looking for potential Sells below 188.460 targeting 15min recent Support formed around 188.060 Leaving Runners to the previous Daily Resistance formed on 8th August 2024 around 187.560. High Impact News ahead of the London session for the Pound Sterling for CPI y/y data release, High Volatility expected at the London session open.

XAUUSD Technical Analysis 13th August 2024 1h chart

Salim Yakoubene — Mon, 12 Aug 2024 22:26:06 +0000

– Monday Daily candle closed extremely Bullish around 2472.500 closing above all the previous Daily Resistances formed recently approaching the all time high level. I’ll be lookinng for potenial Buys above 2477.500 targeting July Monthly High formed around 2484.500 Leaving Runners to a potential Key Level around 2490.000. I’ll be looking for potential Sells below 2463.200 targeting Hourly Support around 2453.500 Leaving Runners to the 1h previous Resistance formed around 2444.700. High Impact News ahead of the New York session for the US Dollar which may bring High Volatility to the market.

GBPJPY Technical Analysis 13th August 2024 1h chart

Salim Yakoubene — Mon, 12 Aug 2024 22:17:36 +0000

– Monday Daily candle closed weak Bullish around 187.790 forming a huge Rejection to the upside. I’ll be looking for potential Buys above 188.450 targeting Hourly Resistance around 189.050 Leaving Runners to the 1h previous Support formed around 189.510. I’ll be looking for potential Sells below 187.620 targeting 4h Support formed around 187.020 Leaving Runners to the 1h previous Resistance formed around 186.400. High Impact News ahead of the Pre London session open for the Pound Sterling, High Volatility expected at the London session open.

XAUUSD Technical Analysis 12th August 2024 1h chart

Salim Yakoubene — Sun, 11 Aug 2024 22:40:09 +0000

– Weekly candle closed weak Bearish around 2430.700 forming weak Weekly Resistance around 2443.100, Friday Daily candle closed weak Bullish as price mostly ranged on the Friday sessions. I’ll be looking for potential Buys above 2434.500 targeting 30min Resistance formed around 2441.500 Leaving Runners to the Daily Resistance formed on 31st July around 2448.500. I’ll be looking for potential Sells below 2423.500 targeting 1h Support formed around 2417.000 Leaving Runners to the 30min Support formed around 2408.000. as Friday Daily candle ranged ideally is to allow the Asian session to form a new range and wait for high volume time for price to break out of the range and anticipate where price will go.

GBPJPY Technical Analysis 12th August 2024 1h chart

Salim Yakoubene — Sun, 11 Aug 2024 22:26:14 +0000

– Previous Weekly candle closed weak Bearish around 187.020 leaving a huge exhaustion wick to the downside, Friday Daily candle closed Bearish forming Daily Resistance around 187.590. I’ll be looking for potential Buys above 187.390 targeting 4h strong Resistance formed around 187.950 Leaving Runners to the Daily Rejection formed around 188.420. I’ll be looking for potential Sells below 186.570 targeting 1h previous Resistance formed around 186.570 Leaving Runners to the 30min Support formed around 185.420. As Weekly closed weak Bearish there is a good probability for price to continue Bullish on the Weekly correcting the Sells from the last 3 weeks.