FXPesa @fxpesatelegram Channel on Telegram

FXPesa

@fxpesatelegram

Telegram invite link https://t.me/+6OcIabsSdi03MjNk

FXPesa (English)

Are you interested in the exciting world of Forex trading? Look no further than FXPesa! FXPesa is a Telegram channel dedicated to providing valuable insights, tips, and strategies for navigating the Forex market. Whether you are a beginner looking to learn the basics or an experienced trader seeking advanced techniques, FXPesa has something for everyone. With a community of like-minded individuals, you can engage in discussions, ask questions, and share your own trading experiences. Stay updated on market trends, news, and analysis to make informed decisions and maximize your profits. Join FXPesa today and take your trading to the next level! Click the link to join: https://t.me/+6OcIabsSdi03MjNk

FXPesa

21 Feb, 07:25

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2913.5

β–ͺ The bearish engulfing candle on the 4 hour chart is negative for sentiment.
β–ͺ A lower correction is expected.
β–ͺ We look to buy dips.
β–ͺ The primary trend remains bullish.
β–ͺ 50 4hour EMA is at 2913.3.

Confidence: ⭐⭐⭐
β›” Stop: 2893.5
🎯 Target 1: 2963.5
🎯 Target 2: 2973.5
βŒ› Expires: 2025-02-21 21:00
Market Chart
603
FXPesa

21 Feb, 07:16

🚨Mwanza Traders Masterclass is Tomorrow! 🚨

This is your final chance to secure your spot at our Masterclass in Mwanza!

πŸ“ Midland Hotel, Mwanza
⏰ 12:00 - 18:00

πŸ”— Register now using the link belowπŸ‘‡

https://www1.equiti-me.com/sc/lps/fxpesa-mwanza-traders-masterclass/
563
FXPesa

21 Feb, 06:21

πŸ“‰ [Sell Stop] GBPUSD - Bearish - We look to Sell a break of 1.2645

β–ͺ Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
β–ͺ The rally is close to an exhaustion count on the daily chart.
β–ͺ A lower correction is expected.
β–ͺ We look to Sell a break of 1.2645.
β–ͺ Bearish divergence is expected to cap gains.

Confidence: ⭐⭐⭐
β›” Stop: 1.268
🎯 Target 1: 1.2505
🎯 Target 2: 1.248
βŒ› Expires: 2025-02-21 21:00
Market Chart
575
FXPesa

21 Feb, 06:13

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 149.55

β–ͺ Continued downward momentum from 15.31 resulted in the pair posting net daily losses yesterday.
β–ͺ Buying posted in Asia.
β–ͺ Trading within a Bearish Channel formation.
β–ͺ Trend line support is located at 149.50.
β–ͺ We are trading at oversold extremes.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐
β›” Stop: 148.85
🎯 Target 1: 151.2
🎯 Target 2: 153.13
βŒ› Expires: 2025-02-21 21:00
Market Chart
533
FXPesa

21 Feb, 06:12

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0533

β–ͺ Continued upward momentum from 1.0400 resulted in the pair posting net daily gains yesterday.
β–ͺ Selling posted in Asia.
β–ͺ Previous resistance located at 1.0533.
β–ͺ Price action has formed a bullish ascending triangle formation.
β–ͺ Although the anticipated move lower is corrective, it does offer ample risk/reward today.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0573
🎯 Target 1: 1.04
🎯 Target 2: 1.035
βŒ› Expires: 2025-02-21 21:00
Market Chart
504
FXPesa

20 Feb, 07:26

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2929.2

β–ͺ Price action resulted in a new all-time high at 2949.0.
β–ͺ Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ Dip buying offers good risk/reward.
β–ͺ 20 4hour EMA is at 2928.0.

Confidence: ⭐⭐⭐
β›” Stop: 2909.2
🎯 Target 1: 2979.2
🎯 Target 2: 2989.2
βŒ› Expires: 2025-02-21 06:00
Market Chart
751
FXPesa

20 Feb, 07:02

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2620

β–ͺ Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
β–ͺ Price action looks to be forming a top.
β–ͺ Bearish divergence is expected to cap gains.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2620.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.2655
🎯 Target 1: 1.248
🎯 Target 2: 1.245
βŒ› Expires: 2025-02-21 06:00
Market Chart
702
FXPesa

20 Feb, 06:30

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 149.55

β–ͺ Selling pressure from 152.31 resulted in all the initial daily gains being overturned.
β–ͺ Selling posted in Asia.
β–ͺ Trading within a Bearish Channel formation.
β–ͺ Trend line support is located at 149.50.
β–ͺ We are trading at oversold extremes.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 148.85
🎯 Target 1: 151.2
🎯 Target 2: 153.13
βŒ› Expires: 2025-02-21 06:00
Market Chart
694
FXPesa

20 Feb, 06:23

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0486

β–ͺ The rally was sold and the dip bought resulting in mild net losses yesterday.
β–ͺ Buying posted in Asia.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ Bespoke resistance is located at 1.0486.
β–ͺ A Fibonacci confluence area is located at 1.0351.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0526
🎯 Target 1: 1.0351
🎯 Target 2: 1.032
βŒ› Expires: 2025-02-21 06:00
Market Chart
684
FXPesa

19 Feb, 12:39

⏰ 3 Days to Go! ⏰

Our Traders Masterclass is happening this Saturday, 22nd February, at Midland Hotel, Mwanza!

Get ready for an action-packed session filled with key trading strategies, risk management tips, and expert insights!

Don’t waitβ€”register now to secure your spot: https://www1.equiti-me.com/sc/lps/fxpesa-mwanza-traders-masterclass/
807
FXPesa

19 Feb, 11:09

Market Update: US FOMC Minutes Expected at 10:00 pm EAT.

▢️ The minutes of the US Federal Open Market Committee (FOMC) meeting that was held in January are set to be released this evening. This will show the detailed record of what the FOMC members discussed.

▢️ Kindly go through this Market Snapshot video where Rufas Kamau discusses how the minutes may affect markets: https://www.youtube.com/watch?v=4cgeJ_Z39mA&t=2s&ab_channel=FXPesa

Switch to FXPesa for fast execution, all-in-one seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
819
FXPesa

19 Feb, 07:23

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2918.2

β–ͺ Price action continues to trade around the all-time highs.
β–ͺ The primary trend remains bullish.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
β–ͺ 20 4hour EMA is at 2917.3.

Confidence: ⭐⭐⭐
β›” Stop: 2898.2
🎯 Target 1: 2968.2
🎯 Target 2: 2978.2
βŒ› Expires: 2025-02-20 06:00
Market Chart
860
FXPesa

19 Feb, 06:31

πŸ“‰ [Sell Stop] GBPUSD - Bearish - We look to Sell a break of 1.2580

β–ͺ Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
β–ͺ The rally is close to an exhaustion count on the daily chart.
β–ͺ A lower correction is expected.
β–ͺ We look to Sell a break of 1.2580.
β–ͺ Bearish divergence is expected to cap gains.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.2615
🎯 Target 1: 1.244
🎯 Target 2: 1.241
βŒ› Expires: 2025-02-20 06:00
Market Chart
834
FXPesa

19 Feb, 05:48

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0447

β–ͺ Continued downward momentum from 1.0486 resulted in the pair posting net daily losses yesterday.
β–ͺ Buying posted in Asia.
β–ͺ Previous resistance level of 1.0443 broken.
β–ͺ Bespoke support is located at 1.0447.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended gains with caution.

Confidence: ⭐⭐
β›” Stop: 1.0397
🎯 Target 1: 1.063
🎯 Target 2: 1.065
βŒ› Expires: 2025-02-20 06:00
Market Chart
764
FXPesa

19 Feb, 05:46

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 152.75

β–ͺ Broke the sequence of 3 negative daily performances.
β–ͺ Selling posted in Asia.
β–ͺ Bespoke support is located at 150.71.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels.

Confidence: ⭐⭐
β›” Stop: 153.65
🎯 Target 1: 150.71
🎯 Target 2: 150.5
βŒ› Expires: 2025-02-20 06:00
Market Chart
797
FXPesa

18 Feb, 07:24

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2890.2

β–ͺ A Morning Doji Star formation has been posted at the low.
β–ͺ Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
β–ͺ The primary trend remains bullish.
β–ͺ We are trading at overbought extremes.
β–ͺ 50 4hour EMA is at 2888.9.

Confidence: ⭐⭐⭐
β›” Stop: 2872.8
🎯 Target 1: 2939.3
🎯 Target 2: 2949.3
βŒ› Expires: 2025-02-19 06:00
Market Chart
1,081
FXPesa

18 Feb, 06:17

πŸ“‰ [Sell Stop] GBPUSD - Bearish - We look to Sell a break of 1.2580

β–ͺ Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
β–ͺ The rally is close to an exhaustion count on the daily chart.
β–ͺ A lower correction is expected.
β–ͺ We look to Sell a break of 1.2580.
β–ͺ Bearish divergence is expected to cap gains.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.2615
🎯 Target 1: 1.244
🎯 Target 2: 1.241
βŒ› Expires: 2025-02-19 06:00
Market Chart
923
FXPesa

18 Feb, 06:13

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0447

β–ͺ Closed the day little net changed.
β–ͺ Selling posted in Asia.
β–ͺ Previous resistance level of 1.0443 broken.
β–ͺ Bespoke support is located at 1.0447.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended gains with caution.

Confidence: ⭐⭐
β›” Stop: 1.0397
🎯 Target 1: 1.063
🎯 Target 2: 1.065
βŒ› Expires: 2025-02-19 06:00
Market Chart
809
FXPesa

18 Feb, 06:11

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 152.75

β–ͺ 3 positive daily performances in succession.
β–ͺ Buying posted in Asia.
β–ͺ Bespoke support is located at 150.71.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels.

Confidence: ⭐⭐
β›” Stop: 153.65
🎯 Target 1: 150.71
🎯 Target 2: 150.5
βŒ› Expires: 2025-02-19 06:00
Market Chart
821
FXPesa

17 Feb, 11:27

Traders Masterclass yetu sasa ni zamu ya Mwanza, Tanzania. πŸ”₯

πŸ“ˆ Ni muda wa kujifunza na kuongeza ujuzi kwenye trading na upate taarifa sahihi kuhusu masoko ya fedha.

πŸ“ Midland Hotel

πŸ“… Jumamosi, 12:00 mchana, 22 February.

πŸ“© Hakikisha una mtag trader yeyote Mwanza. Jisajili leo: https://www1.equiti-me.com/sc/lps/fxpesa-mwanza-traders-masterclass/
954
FXPesa

07 Feb, 13:53

⚠️ Trump’s tariffs are shaking up the marketsβ€”will the European Union and Canada strike back? Watch our episode to find out: https://youtu.be/GJJ5_IVryo0
454
FXPesa

07 Feb, 11:43

πŸ‡ΉπŸ‡Ώ Mwanza, get Ready!
Our Traders Masterclass is headed your way.
πŸ“ Midland Hotel
πŸ“… 13:00 - 18:00, 22 Feb 2025

πŸ’‘ Sharpen your trading skills, learn from experts, and take your trading journey to new heights.

Secure your spot today: https://www1.equiti-me.com/sc/lps/fxpesa-mwanza-traders-masterclass/
560
FXPesa

07 Feb, 09:29

FXPesa is in Kakamega πŸ™ŒπŸΎ.

Are you ready to gain trading knowledge, market insights and strategiesπŸ˜ƒ?

πŸ“Make your way to Golf Hotel now!

Who’s joining us? Give us a thumbs up to know πŸ‘πŸ½.
619
FXPesa

07 Feb, 07:24

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2850.4

β–ͺ Price action resulted in a new all-time high at 2882.2.
β–ͺ We look to buy dips.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ 20 4hour EMA is at 2849.3.
β–ͺ A lower correction is expected.

Confidence: ⭐⭐⭐
β›” Stop: 2834.4
🎯 Target 1: 2890.4
🎯 Target 2: 2900.4
βŒ› Expires: 2025-02-07 21:00
Market Chart
676
FXPesa

07 Feb, 07:05

🚨 Kakamega, today’s the day! 🚨

Get ready to sharpen your trading skills, gain market insights, and network with fellow traders! See you soon! πŸš€

πŸ“ Get directions to the venue here πŸ‘‡.
https://maps.app.goo.gl/mZXfDcLHy4u2zL8M9
624
FXPesa

07 Feb, 06:29

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2500

β–ͺ Price action looks to be forming a top.
β–ͺ The primary trend remains bearish.
β–ͺ We look for a temporary move higher.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2500.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.2535
🎯 Target 1: 1.236
🎯 Target 2: 1.234
βŒ› Expires: 2025-02-07 21:00
Market Chart
606
FXPesa

07 Feb, 06:26

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0473

β–ͺ Price action continues to be mixed and volatile for 2 days in succession resulting in spikes in both directions.
β–ͺ Economic figures could adversley affect the short term technical picture.
β–ͺ The previous swing low is located at 1.0468.
β–ͺ Bespoke resistance is located at 1.0473.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0523
🎯 Target 1: 1.034
🎯 Target 2: 1.03
βŒ› Expires: 2025-02-07 21:00
Market Chart
554
FXPesa

07 Feb, 06:22

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 150.70

β–ͺ Continued downward momentum from 155.25 resulted in the pair posting net daily losses yesterday.
β–ͺ Selling posted in Asia.
β–ͺ Bespoke support is located at 150.68.
β–ͺ The 261.8% Fibonacci extension is located at 150.97 from 155.88 to 154.01.
β–ͺ Although the anticipated move higher is corrective, it does offer ample risk/reward today.

Confidence: ⭐⭐⭐
β›” Stop: 149.7
🎯 Target 1: 154.45
🎯 Target 2: 155
βŒ› Expires: 2025-02-07 21:00
Market Chart
557
FXPesa

06 Feb, 08:25

Big moves ahead! πŸ“Š The Bank of England's decision and US Unemployment Claims are inβ€”how will Gold, Major FX pairs, and Nasdaq react? πŸ“‰πŸ“ˆ

Join our live market analysis: https://youtube.com/live/JUaxX-SO6Nc?feature=share
796
FXPesa

06 Feb, 07:25

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2842.5

β–ͺ Price action resulted in a new all-time high at 2882.2.
β–ͺ We look to buy dips.
β–ͺ Risk/Reward would be poor to call a buy from current levels.
β–ͺ 20 4hour EMA is at 2841.8.
β–ͺ A lower correction is expected.

Confidence: ⭐⭐⭐
β›” Stop: 2826.5
🎯 Target 1: 2882.5
🎯 Target 2: 2892.5
βŒ› Expires: 2025-02-07 06:00
Market Chart
775
FXPesa

06 Feb, 06:39

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2525

β–ͺ Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
β–ͺ Rallies should be capped by yesterday's high.
β–ͺ We look for a temporary move higher.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2525.

Confidence: ⭐⭐⭐
β›” Stop: 1.256
🎯 Target 1: 1.2385
🎯 Target 2: 1.236
βŒ› Expires: 2025-02-07 06:00
Market Chart
742
FXPesa

06 Feb, 06:22

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0363

β–ͺ Majority of the initial daily gains being overturned.
β–ͺ Selling posted in Asia.
β–ͺ A bullish reverse Head and Shoulders is forming.
β–ͺ Trend line support is located at 1.0360.
β–ͺ Bespoke support is located at 1.0363.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐
β›” Stop: 1.0323
🎯 Target 1: 1.048
🎯 Target 2: 1.053
βŒ› Expires: 2025-02-07 06:00
Market Chart
700
FXPesa

06 Feb, 06:17

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 150.70

β–ͺ Continued downward momentum from 155.25 resulted in the pair posting net daily losses yesterday.
β–ͺ Selling posted in Asia.
β–ͺ Bespoke support is located at 150.68.
β–ͺ The 261.8% Fibonacci extension is located at 150.97 from 155.88 to 154.01.
β–ͺ Although the anticipated move higher is corrective, it does offer ample risk/reward today.

Confidence: ⭐⭐⭐
β›” Stop: 149.7
🎯 Target 1: 154.45
🎯 Target 2: 155
βŒ› Expires: 2025-02-07 06:00
Market Chart
718
FXPesa

05 Feb, 12:40

πŸ’Ό Kenya’s Virtual Asset Service Providers (VASP) Bill 2025 could reshape the future of digital assetsβ€”but is the proposed 3% Digital Asset Tax a step forward or a setback for the industry? 🚨 Rufas Kamau, FXPesa’s Lead Market Analyst, shares his thoughts on CNBC Africa.
https://www.cnbcafrica.com/media/6368238257112/kenyas-vasp-bill-2025-a-step-forward-or-a-major-setback-for-the-industry/
810
FXPesa

05 Feb, 08:20

πŸ”΄ LIVE NOW:
Join us as we break down the ISM Services PMI and its impact on Forex Majors, Gold, and Nasdaq:https://youtube.com/live/0I_xwPLtHn4
857
FXPesa

05 Feb, 07:27

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2844.4

β–ͺ Price action resulted in a new all-time high at 2861.8.
β–ͺ Bearish divergence is expected to cap gains.
β–ͺ A lower correction is expected.
β–ͺ We look to buy dips.
β–ͺ 20 1hour EMA is at 2844.

Confidence: ⭐⭐⭐
β›” Stop: 2828.4
🎯 Target 1: 2884.4
🎯 Target 2: 2894.4
βŒ› Expires: 2025-02-06 06:00
Market Chart
844
FXPesa

05 Feb, 07:18

🚨 Kakamega, only 2 days to go! 🚨

The FXPesa Traders Masterclass is happening this Friday, 7th Feb! πŸ“…

πŸ“Golf Hotel, Kakamega

⏰ 12:00 - 18:00.

Don't miss out register today: https://lnk.bio/fxpesa
804
FXPesa

05 Feb, 06:58

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2420

β–ͺ The medium term bias remains bullish.
β–ͺ We are trading at overbought extremes.
β–ͺ A lower correction is expected.
β–ͺ We look to buy dips.
β–ͺ Bespoke support is located at 1.2420.

Confidence: ⭐⭐
β›” Stop: 1.2395
🎯 Target 1: 1.252
🎯 Target 2: 1.254
βŒ› Expires: 2025-02-06 06:00
Market Chart
765
FXPesa

05 Feb, 06:26

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0352

β–ͺ Buying pressure from 1.0272 resulted in all the initial daily selloff being recaptured.
β–ͺ Buying posted in Asia.
β–ͺ Bespoke resistance is located at 1.0387.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐
β›” Stop: 1.0302
🎯 Target 1: 1.0475
🎯 Target 2: 1.05
βŒ› Expires: 2025-02-06 06:00
Market Chart
717
FXPesa

05 Feb, 06:22

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 152.85

β–ͺ Selling pressure from 155.52 resulted in all the initial daily gains being overturned.
β–ͺ Selling posted in Asia.
β–ͺ We are trading at oversold extremes.
β–ͺ The 161.8% Fibonacci extension is located at 152.85 from 155.88 to 154.01.
β–ͺ Although the anticipated move higher is corrective, it does offer ample risk/reward today.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 152.05
🎯 Target 1: 154.59
🎯 Target 2: 155.7
βŒ› Expires: 2025-02-06 06:00
Market Chart
776
FXPesa

31 Jan, 14:59

In this episode, Jesse and Rufas dive into the biggest market trends shaping 2025. They discuss Trump's executive orders, including energy policies and AI infrastructure developments like the $500 billion "Stargate" project. https://youtu.be/GJJ5_IVryo0?si=jJUUGVvbTMH84Qrh
604
FXPesa

31 Jan, 07:24

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2775.5

β–ͺ Price action resulted in a new all-time high at 2799.4.
β–ͺ Bespoke support is located at 2775.
β–ͺ Risk/Reward would be poor to call a buy from current levels.
β–ͺ We look to buy dips.
β–ͺ 20 4hour EMA is at 2774.6.

Confidence: ⭐⭐⭐
β›” Stop: 2759.9
🎯 Target 1: 2815.5
🎯 Target 2: 2825.5
βŒ› Expires: 2025-01-31 21:00
Market Chart
785
FXPesa

31 Jan, 06:42

πŸ“‰ [Sell Stop] GBPUSD - Bearish - We look to Sell a break of 1.2395

β–ͺ The primary trend remains bearish.
β–ͺ Rallies should be capped by yesterday's high.
β–ͺ A lower correction is expected.
β–ͺ We look to Sell a break of 1.2395.
β–ͺ The RSI is trending lower.

Confidence: ⭐⭐⭐
β›” Stop: 1.2435
🎯 Target 1: 1.2295
🎯 Target 2: 1.226
βŒ› Expires: 2025-01-31 21:00
Market Chart
739
FXPesa

31 Jan, 06:27

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0405

β–ͺ A 5 wave bullish count has been completed at 1.0533.
β–ͺ The move lower is mixed and volatile, common in corrective sequences.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ There is scope for mild buying at the open but gains should be limited.
β–ͺ Further downside is expected and we prefer to set shorts in early trade.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.045
🎯 Target 1: 1.0312
🎯 Target 2: 1.03
βŒ› Expires: 2025-01-31 21:00
Market Chart
697
FXPesa

31 Jan, 06:23

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 154.50

β–ͺ Previous support located at 153.71.
β–ͺ Majority of the initial daily losses being recaptured.
β–ͺ Buying posted in Asia.
β–ͺ A 5 wave bearish count has been completed at 153.71.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ Further upside is expected and we look to set longs in early trade.

Confidence: ⭐⭐⭐
β›” Stop: 153.5
🎯 Target 1: 156.75
🎯 Target 2: 157.2
βŒ› Expires: 2025-01-31 21:00
Market Chart
606
FXPesa

30 Jan, 11:51

Trump’s return to the White House in 2025 is set to shake the global markets like never before. πŸ“‰ What will it mean for currencies, commodities, and equities?

πŸ’‘ In this space we’ll unpack:
πŸ’΅ How Trump’s policies could strengthen (or weaken) the USD.
πŸ“ˆ Opportunities in gold, crude oil, and key indices.
🎯 Trading strategies for 2025’s new market landscape.
πŸ€– AI investments: Microsoft, Nvidia & beyond.
πŸ‘‰ Save the date and bring your questions.
https://twitter.com/i/spaces/1yNGagbobkdxj
796
FXPesa

30 Jan, 08:17

🚨 Today, we’re diving into Euro pairs & EU equities ahead of the ECB rate decision! πŸ“Š Will the EUR rally or drop? How will stocks react? Join us as we break down key levels and trading opportunities! https://youtube.com/live/XMSY0oY1dlI?feature=share
780
FXPesa

30 Jan, 07:10

In the first episode of Bullish Banter Season 3, hosts Jesse and Rufas dive into the financial and geopolitical landscape of 2025. They explore Trump’s return to power and its potential influence on markets, discuss the impact of the Bitcoin halving, and recap record-breaking performances in stocks like Nvidia. Key global events, including peace negotiations between Israel and Hamas and Canada’s political shifts, are analyzed for market implications. https://youtu.be/QzXSrNLV3xk
734
FXPesa

30 Jan, 06:37

πŸ“‰ [Sell Stop] EURUSD - Bearish - We look to Sell a break of 1.0405

β–ͺ The primary trend remains bearish.
β–ͺ The rally has posted a correction count on the daily chart.
β–ͺ Posted a Double Top formation.
β–ͺ We look to Sell a break of 1.0405.
β–ͺ Posted a Bearish Outside candle on the Daily chart.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0435
🎯 Target 1: 1.0285
🎯 Target 2: 1.0265
βŒ› Expires: 2025-01-31 06:00
Market Chart
663
FXPesa

30 Jan, 06:34

πŸ“ˆ [Buy Stop] USDJPY - Bullish - We look to Buy a break of 154.80

β–ͺ The primary trend remains bullish.
β–ͺ The selloff has posted an exhaustion count on the daily chart.
β–ͺ Price action looks to be forming a bottom.
β–ͺ We look to Buy a break of 154.80.
β–ͺ Following yesterday's bearish candle, the overall trend lower looks set to reverse today.

Confidence: ⭐⭐⭐
β›” Stop: 154.3
🎯 Target 1: 156.8
🎯 Target 2: 157
βŒ› Expires: 2025-01-31 06:00
Market Chart
616
FXPesa

30 Jan, 06:31

πŸ“‰ [Sell Stop] GBPUSD - Bearish - We look to Sell a break of 1.2425

β–ͺ The primary trend remains bearish.
β–ͺ The rally has posted a correction count on the daily chart.
β–ͺ A bearish Head and Shoulders is forming.
β–ͺ We look to Sell a break of 1.2425.
β–ͺ The RSI is trending lower.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.2465
🎯 Target 1: 1.2325
🎯 Target 2: 1.23
βŒ› Expires: 2025-01-31 06:00
Market Chart
675
FXPesa

30 Jan, 05:52

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2745.2

β–ͺ The sequence for trading is higher highs and lows.
β–ͺ 2730.3 has been pivotal.
β–ͺ We expect this move higher to continue and look to set longs in early trade using previous lows as a stop.
β–ͺ 50 4hour EMA is at 2743.8.
β–ͺ The primary trend remains bullish.

Confidence: ⭐⭐⭐
β›” Stop: 2729.8
🎯 Target 1: 2784.8
🎯 Target 2: 2794.8
βŒ› Expires: 2025-01-31 06:00
Market Chart
672
FXPesa

29 Jan, 12:44

BOC and Fed Rate Decisions Coming up in the New York Session

▢️ The Bank of Canada (BOC) is expected to make an interest rate decision at 5:45 pm EAT. Analysts expect the BOC to cut rates by 25 basis points to 3.0%. This is expected to be bearish for CAD pairs.

▢️ The Federal Reserve Bank of the US (Fed) is expected to make an interest rate decision at 10:00 pm EAT. Given that President Trump is pushing for lower rates, and that Wall Street analysts expect the Fed to hold rates at 4.25%-4.50% range, a hold is expected to be bullish for US dollar pairs, especially against currencies whose central banks are cutting rates.

▢️ Increased volatility is expected on all CAD pairs, USD pairs, gold, silver, and US equity indices.

Switch to FXPesa for fast execution, all-in-one seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
764
FXPesa

29 Jan, 12:14

DeepSeek is the hottest topic πŸ”₯ in the financial markets this week. Watch the video to know what it means for you as a trader.

Follow us for more Bullish insights.
The information contained in this video is for educational purposes & should not be construed as investment advice.
734
FXPesa

29 Jan, 11:51

Being a billionaire has nothing to do with your paycheck and everything to do with how your money moves. Catch Jacqueline Temu on our latest episode as she breaks it all down.

https://youtu.be/ptlLA_iYGzc?si=GTElcTXxcoaZejSj
741
FXPesa

29 Jan, 10:54

🏌️ Kakamega, it’s time to tee off your trading journey!

Join us for our Trading Masterclass and learn what red flags you need to look out for to keep your trading journey in the green.

πŸ“ Golf Hotel, Kakamega

πŸ“†13:00 - 18:00, 7 Feb 2025

πŸ’‘ What’s in it for you?
βœ… Expert insights on trading strategies
βœ… Risk management mastery
βœ… A chance to connect with fellow traders

Register now: https://lnk.bio/fxpesa
728
FXPesa

29 Jan, 08:20

🚨 LIVE Market Snapshot! 🚨
BOC & FED Rate Decisions Incoming! πŸ“ŠπŸ’°
πŸ”Ή Trading setups for Majors, Gold & Nasdaq
πŸ”Ή Key levels & market reaction insights
πŸ”Ή Stay ahead of the volatility!

πŸ“Ί Watch now & trade smarter: https://youtube.com/live/gofU_XK8pQE
723
FXPesa

29 Jan, 07:28

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2741.1

β–ͺ The sequence for trading is higher highs and lows.
β–ͺ 2730.3 has been pivotal.
β–ͺ We look to buy dips.
β–ͺ 50 4hour EMA is at 2741.1.
β–ͺ The primary trend remains bullish.

Confidence: ⭐⭐⭐
β›” Stop: 2727.9
🎯 Target 1: 2777.7
🎯 Target 2: 2787.7
βŒ› Expires: 2025-01-30 06:00
Market Chart
712
FXPesa

29 Jan, 06:55

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0470

β–ͺ The primary trend remains bearish.
β–ͺ The rally has posted a correction count on the daily chart.
β–ͺ Posted a Double Top formation.
β–ͺ Bespoke resistance is located at 1.0470.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.05
🎯 Target 1: 1.035
🎯 Target 2: 1.032
βŒ› Expires: 2025-01-30 06:00
Market Chart
714
FXPesa

23 Jan, 14:19

πŸ“’ Our Q1 2025 Market Outlook is here!

Plan your trades with expert insights from our market analysts, swipe to see what’s included. ➑️

Read the full market outlook here: https://lnk.bio/fxpesa
359
FXPesa

23 Jan, 07:42

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2739.2

β–ͺ Price action continues to trade around the all-time highs.
β–ͺ The sequence for trading is higher highs and lows.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ We look to buy dips.
β–ͺ 20 4hour EMA is at 2738.7.

Confidence: ⭐⭐⭐
β›” Stop: 2724.2
🎯 Target 1: 2779.2
🎯 Target 2: 2789.2
βŒ› Expires: 2025-01-24 06:00
Market Chart
627
FXPesa

23 Jan, 07:06

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2345

β–ͺ The primary trend remains bearish.
β–ͺ The rally has posted a correction count on the daily chart.
β–ͺ Bearish divergence is expected to cap gains.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2345.

Confidence: ⭐⭐⭐
β›” Stop: 1.2385
🎯 Target 1: 1.2185
🎯 Target 2: 1.216
βŒ› Expires: 2025-01-24 06:00
Market Chart
620
FXPesa

23 Jan, 06:25

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy a break of 1.0416

β–ͺ The rally was sold and the dip bought resulting in mild net losses yesterday.
β–ͺ The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
β–ͺ Bespoke resistance is located at 1.0508.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended gains with caution.
β–ͺ There is no clear indication that the upward move is coming to an end.

Confidence: ⭐⭐
β›” Stop: 1.0371
🎯 Target 1: 1.0508
🎯 Target 2: 1.0516
βŒ› Expires: 2025-01-24 06:00
Market Chart
616
FXPesa

23 Jan, 06:22

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 156.41

β–ͺ A 5 wave bearish count has been completed at 154.78.
β–ͺ Continued upward momentum from 154.78 resulted in the pair posting net daily gains yesterday.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ A Fibonacci confluence area is located at 157.97.
β–ͺ Further upside is expected and we look to set longs in early trade.

Confidence: ⭐⭐⭐
β›” Stop: 155.66
🎯 Target 1: 157.97
🎯 Target 2: 158.2
βŒ› Expires: 2025-01-24 06:00
Market Chart
593
FXPesa

22 Jan, 08:40

🚨 Eldoret Traders! New venue alert. 🚨
We’re thrilled by the overwhelming response to our Traders Masterclassβ€”you’ve surpassed all our expectations.πŸ™Œ

To accommodate everyone, we’ve moved to a bigger and better venue:
πŸ“ Rupas Mall, 2nd Floor, Conference Room
πŸ“… 24th Jan, 13:00 - 18:00

See you there! Register today: https://lnk.bio/fxpesa

#FXPesa #TradingInsight #TradersMasterclass #Eldoret
796
FXPesa

22 Jan, 08:22

Live Analysis: Majors, Nasdaq & Gold: https://youtube.com/live/IZ9kwfD7MnQ?feature=share
719
FXPesa

22 Jan, 07:37

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2335

β–ͺ The primary trend remains bearish.
β–ͺ The rally has posted a correction count on the daily chart.
β–ͺ Bearish divergence is expected to cap gains.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2335.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.2375
🎯 Target 1: 1.2175
🎯 Target 2: 1.215
βŒ› Expires: 2025-01-23 06:00
Market Chart
726
FXPesa

22 Jan, 07:23

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2726.3

β–ͺ Our short term bias remains positive.
β–ͺ Our bespoke resistance of 2724.5 has been clearly broken.
β–ͺ Previous resistance at 2725 now becomes support.
β–ͺ We look to buy dips.
β–ͺ 20 4hour EMA is at 2725.2.

Confidence: ⭐⭐⭐
β›” Stop: 2711.3
🎯 Target 1: 2766.3
🎯 Target 2: 2776.3
βŒ› Expires: 2025-01-23 06:00
Market Chart
679
FXPesa

22 Jan, 06:38

Ever wondered what it takes to master the financial markets? 🎯
Join @sir.breverovin as he shares 7 years of trading lessons, challenges, and invaluable insights. From starting with fishing businesses to learning in South Africa and building a thriving trading career, this story is a must-hear for aspiring traders and finance enthusiasts: https://youtu.be/Wum9BLWR5N4
678
FXPesa

22 Jan, 06:30

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0505

β–ͺ Buying pressure from 1.0343 resulted in all the initial daily selloff being recaptured.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended gains with caution.
β–ͺ Bespoke resistance is located at 1.0507.
β–ͺ The formation has a measured move target of 1.0267.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0535
🎯 Target 1: 1.043
🎯 Target 2: 1.0267
βŒ› Expires: 2025-01-23 06:00
Market Chart
663
FXPesa

22 Jan, 06:26

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 154.32

β–ͺ Closed the day little net changed.
β–ͺ Buying posted in Asia.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ Bespoke support is located at 154.32.
β–ͺ We are trading at oversold extremes.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 153.72
🎯 Target 1: 156.69
🎯 Target 2: 157
βŒ› Expires: 2025-01-23 06:00
Market Chart
748
FXPesa

21 Jan, 08:28

Donald Trump's Executive Orders vs Markets. We are live: https://youtube.com/live/8FcW2xEtqNg
965
FXPesa

21 Jan, 07:35

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2712.2

β–ͺ Our bespoke resistance of 2724.5 has been clearly broken.
β–ͺ Previous resistance, now becomes support at 2710.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ Risk/Reward would be poor to call a buy from current levels.
β–ͺ Dip buying offers good risk/reward.
β–ͺ 20 4hour EMA is at 2708.8.

Confidence: ⭐⭐⭐
β›” Stop: 2698.8
🎯 Target 1: 2749.8
🎯 Target 2: 2759.8
βŒ› Expires: 2025-01-22 06:00
Market Chart
977
FXPesa

21 Jan, 07:02

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2210

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We expect a reversal in this move.
β–ͺ Price action looks to be forming a bottom.
β–ͺ We look to buy dips.
β–ͺ Bespoke support is located at 1.2210.

Confidence: ⭐⭐
β›” Stop: 1.216
🎯 Target 1: 1.2385
🎯 Target 2: 1.241
βŒ› Expires: 2025-01-22 06:00
Market Chart
888
FXPesa

21 Jan, 06:20

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0429

β–ͺ Bespoke resistance is located at 1.0429.
β–ͺ Selling posted in Asia.
β–ͺ A bullish reverse Head and Shoulders is forming.
β–ͺ Although the anticipated move lower is corrective, it does offer ample risk/reward today.
β–ͺ The medium term bias remains bullish.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0474
🎯 Target 1: 1.0339
🎯 Target 2: 1.0225
βŒ› Expires: 2025-01-22 06:00
Market Chart
860
FXPesa

21 Jan, 06:15

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 154.32

β–ͺ Selling pressure from 156.59 resulted in all the initial daily gains being overturned.
β–ͺ Buying posted in Asia.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ Bespoke support is located at 154.32.
β–ͺ We are trading at oversold extremes.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 153.72
🎯 Target 1: 156.69
🎯 Target 2: 157
βŒ› Expires: 2025-01-22 06:00
Market Chart
795
FXPesa

20 Jan, 08:33

Ever wondered what it takes to master the financial markets? 🎯
Brever Ovin shares his 7 years of trading lessons, challenges, and invaluable insights.

This story is a must-hear aspiring traders πŸš€
Watch the full video on YouTube now: youtu.be/Wum9BLWR5N4
919
FXPesa

20 Jan, 07:25

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2701.1

β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ The bullish engulfing candle on the 4 hour chart the positive for sentiment.
β–ͺ The sequence for trading is higher highs and lows.
β–ͺ Setbacks should be limited to yesterday's low.
β–ͺ 20 4hour EMA is at 2700.8.

Confidence: ⭐⭐⭐
β›” Stop: 2684.8
🎯 Target 1: 2745.8
🎯 Target 2: 2755.8
βŒ› Expires: 2025-01-21 06:00
Market Chart
916
FXPesa

20 Jan, 07:01

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2140

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We expect a reversal in this move.
β–ͺ Price action looks to be forming a bottom.
β–ͺ We look to buy dips.
β–ͺ Bespoke support is located at 1.2140.

Confidence: ⭐⭐
β›” Stop: 1.209
🎯 Target 1: 1.2315
🎯 Target 2: 1.235
βŒ› Expires: 2025-01-21 06:00
Market Chart
860
FXPesa

20 Jan, 06:31

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0319

β–ͺ Selling pressure from 1.0331 resulted in all the initial daily gains being overturned.
β–ͺ Rallies continue to attract sellers.
β–ͺ Selling posted in Asia.
β–ͺ A Fibonacci confluence area is located at 1.0196.
β–ͺ Further downside is expected and we prefer to set shorts in early trade.

Confidence: ⭐⭐⭐
β›” Stop: 1.0354
🎯 Target 1: 1.0196
🎯 Target 2: 1.019
βŒ› Expires: 2025-01-21 06:00
Market Chart
696
FXPesa

20 Jan, 06:27

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 156.70

β–ͺ A 5 wave bearish count has been completed at 154.98.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ Bespoke resistance is located at 156.70.
β–ͺ A Fibonacci confluence area is located at 156.73.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐
β›” Stop: 157.2
🎯 Target 1: 155.4
🎯 Target 2: 155.1
βŒ› Expires: 2025-01-21 06:00
Market Chart
707
FXPesa

17 Jan, 12:57

Last year, our Trading Masterclasses were nothing short of incredibleβ€”and this year, we’re taking it to the next level

We’re starting Q1 strong:
πŸ“ Eldoret - 24th Jan 2025
πŸ“ Kakamega πŸ”œ
πŸ“ Thika
πŸ“ Nyeri
πŸ“ Embu

πŸ’‘ Join us for expert trading insights, actionable strategies, and networking with like-minded traders.
πŸ”— Register now: https://lnk.bio/fxpesa
1,163
FXPesa

17 Jan, 12:27

Would you leave your dream job, earning 200K a month to start over? Mark Kiarie did just that and built Chpter in Kenya. Learn how he transitioned from architecture to tech at 23 in this episode. https://youtu.be/NfdkGlGkxWU
1,182
FXPesa

17 Jan, 07:25

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2718.5

β–ͺ Selling posted close to the previous high of 2726.0.
β–ͺ 2721.3 has been pivotal.
β–ͺ Offers ample risk/reward to sell at the market.
β–ͺ Bearish divergence is expected to cap gains.
β–ͺ Early optimism is likely to lead to gains although extended attempts higher are expected to fail.

Confidence: ⭐⭐
β›” Stop: 2738.5
🎯 Target 1: 2668.5
🎯 Target 2: 2658.5
βŒ› Expires: 2025-01-17 21:00
Market Chart
1,209
FXPesa

17 Jan, 06:57

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2140

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We expect a reversal in this move.
β–ͺ Price action looks to be forming a bottom.
β–ͺ We look to buy dips.
β–ͺ Bespoke support is located at 1.2140.

Confidence: ⭐⭐
β›” Stop: 1.209
🎯 Target 1: 1.2315
🎯 Target 2: 1.235
βŒ› Expires: 2025-01-17 21:00
Market Chart
1,022
FXPesa

17 Jan, 06:32

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0324

β–ͺ Prices are extending higher from the bullish flag/pennant formation.
β–ͺ The measured move target is 1.0341.
β–ͺ Majority of the initial daily gains being overturned.
β–ͺ A Fibonacci confluence area is located at 1.0196.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0354
🎯 Target 1: 1.0214
🎯 Target 2: 1.0196
βŒ› Expires: 2025-01-17 21:00
Market Chart
881
FXPesa

17 Jan, 06:31

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 154.30

β–ͺ Trades at the lowest level in 18 days.
β–ͺ We are trading at oversold extremes.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ The medium term bias remains bearish.
β–ͺ Dip buying offers good risk/reward.
β–ͺ Bespoke support is located at 154.30.

Confidence: ⭐⭐⭐
β›” Stop: 153.8
🎯 Target 1: 156.23
🎯 Target 2: 156.5
βŒ› Expires: 2025-01-17 21:00
Market Chart
861
FXPesa

16 Jan, 14:22

Will you stop working after retirement?
CEO of Centonomy, Waithaka Gatumia gives his perspective on aging, work, and leadership.

Watch the entire episode here: https://youtu.be/9-8l-yn4BWg?si=J0bH9SqRVp8AbaIV
1,186
FXPesa

16 Jan, 13:42

Breaking: US Retail Sales Miss Expectations

▢️ The US retail sales for December 2024 increased by 0.4% which missed expectations of 0.6% and was lower than November's reported 0.8% (revised higher from 0.7%).

▢️ Core retail sales for December were up 0.4% which missed expectations of 0.5% and was higher than November's reported 0.2%.

▢️ Retail sales year over year slowed to 3.9% in December, down from 4.1% in November.

▢️ Major currencies and gold traded higher against the USD after the news announcement.

Switch to FXPesa for fast execution, all-in-one seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
913
FXPesa

16 Jan, 10:03

This week on Bullish Banter we sit down with Samweli, a seasoned forex trader and educator. We explore the highs and lows of the trading world from strategies for navigating market volatility and managing emotions on tough trading days to the invaluable role of mentors in fostering confidence and risk management: https://youtu.be/S5Q3fg1MUzY
999
FXPesa

16 Jan, 08:17

Today, we're diving into trading Gold & USD pairs ahead of the US Retail Sales Data! πŸ’°πŸ“Š Have any questions? Drop them on our Youtube comment section, and we'll answer them live! πŸ‘‡ https://youtube.com/live/vTFC24omL5o
972
FXPesa

16 Jan, 07:26

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2718.5

β–ͺ Selling posted close to the previous high of 2726.0.
β–ͺ 2721.3 has been pivotal.
β–ͺ We look for a temporary move higher.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Early optimism is likely to lead to gains although extended attempts higher are expected to fail.

Confidence: ⭐⭐
β›” Stop: 2738.5
🎯 Target 1: 2668.5
🎯 Target 2: 2658.5
βŒ› Expires: 2025-01-17 06:00
Market Chart
748
FXPesa

16 Jan, 06:39

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2140

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We expect a reversal in this move.
β–ͺ Price action looks to be forming a bottom.
β–ͺ We look to buy dips.
β–ͺ Bespoke support is located at 1.2140.

Confidence: ⭐⭐
β›” Stop: 1.209
🎯 Target 1: 1.2315
🎯 Target 2: 1.235
βŒ› Expires: 2025-01-17 06:00
Market Chart
695
FXPesa

16 Jan, 06:24

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0324

β–ͺ Prices are extending higher from the bullish flag/pennant formation.
β–ͺ The measured move target is 1.0341.
β–ͺ Majority of the initial daily gains being overturned.
β–ͺ A Fibonacci confluence area is located at 1.0196.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0354
🎯 Target 1: 1.0214
🎯 Target 2: 1.0196
βŒ› Expires: 2025-01-17 06:00
Market Chart
692
FXPesa

16 Jan, 06:20

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 156.23

β–ͺ Broken out of the channel formation to the downside.
β–ͺ Buying posted in Asia.
β–ͺ The 261.8% Fibonacci extension is located at 153.66 from 158.88 to 156.91.
β–ͺ There is no clear indication that the downward move is coming to an end.
β–ͺ Further downside is expected and we prefer to set shorts in early trade.

Confidence: ⭐⭐
β›” Stop: 156.68
🎯 Target 1: 154.45
🎯 Target 2: 153.66
βŒ› Expires: 2025-01-17 06:00
Market Chart
737
FXPesa

15 Jan, 13:58

Breaking: The Dollar Traded Lower After US Annual CPI Hit 2.9% as Expected.

▢️ US year-over-year Consumer Price Index (CPI) increased for the third consecutive month to 2.9% in December, up from 2.7% in November and in line with analysts expectations.

▢️ Core annual CPI reduced to 3.2% in December, down from 3.3% reported in November.

▢️ On the month, the CPI basket increased by 0.4% as expected while core CPI increased by 0.2% which missed expectations of 0.3% and was lower than November's 0.3% increase.

Switch to FXPesa for fast execution, all-in-one seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
840
FXPesa

15 Jan, 08:22

Today’s Market Snapshot dives deep into the CPI impact, featuring live analysis of Gold, major currency pairs, and the Nasdaq. We are live: https://youtube.com/live/CkGnMpzJmq0?feature=share
887
FXPesa

15 Jan, 07:27

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2681.5

β–ͺ The primary trend remains bullish.
β–ͺ Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
β–ͺ 50 4hour EMA is at 2680.8.
β–ͺ Price action continues to trade around significant highs.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 2661.5
🎯 Target 1: 2731.5
🎯 Target 2: 2741.5
βŒ› Expires: 2025-01-16 06:00
Market Chart
926
FXPesa

15 Jan, 07:17

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2662.5

β–ͺ The primary trend remains bullish.
β–ͺ Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
β–ͺ 50 4hour EMA is at 2662.3.
β–ͺ Price action continues to trade around significant highs.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 2646.5
🎯 Target 1: 2702.5
🎯 Target 2: 2712.5
βŒ› Expires: 2025-01-16 06:00
Market Chart
807
FXPesa

15 Jan, 06:55

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2140

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We expect a reversal in this move.
β–ͺ Price action looks to be forming a bottom.
β–ͺ We look to buy dips.
β–ͺ Bespoke support is located at 1.2140.

Confidence: ⭐⭐
β›” Stop: 1.209
🎯 Target 1: 1.2315
🎯 Target 2: 1.235
βŒ› Expires: 2025-01-16 06:00
Market Chart
726
FXPesa

15 Jan, 06:27

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0341

β–ͺ Continued upward momentum from 1.0178 resulted in the pair posting net daily gains yesterday.
β–ͺ A Morning Doji Star formation has been posted at the low.
β–ͺ The medium term bias remains bullish.
β–ͺ Bespoke resistance is located at 1.0341.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0366
🎯 Target 1: 1.029
🎯 Target 2: 1.028
βŒ› Expires: 2025-01-16 06:00
Market Chart
718
FXPesa

10 Jan, 07:16

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2663.1

β–ͺ Our short term bias remains positive.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ 3 positive daily performances in succession.
β–ͺ Preferred trade is to buy on dips.
β–ͺ 20 4hour EMA is at 2660.9.

Confidence: ⭐⭐⭐
β›” Stop: 2647.1
🎯 Target 1: 2703.1
🎯 Target 2: 2713.1
βŒ› Expires: 2025-01-10 21:00
Market Chart
677
FXPesa

10 Jan, 07:00

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2350

β–ͺ The primary trend remains bearish.
β–ͺ Bullish divergence is expected to support prices.
β–ͺ We look for a temporary move higher.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2350.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.238
🎯 Target 1: 1.2245
🎯 Target 2: 1.2225
βŒ› Expires: 2025-01-10 21:00
Market Chart
649
FXPesa

10 Jan, 06:56

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0406

β–ͺ Posted mild net daily losses but all trading confined to the previous days range, an indecisive Inside Day.
β–ͺ Selling posted in Asia.
β–ͺ Economic figures could adversley affect the short term technical picture.
β–ͺ A sequence of intraday lower lows and highs has been posted.
β–ͺ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.0406, resulting in improved risk/reward.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0446
🎯 Target 1: 1.026
🎯 Target 2: 1.025
βŒ› Expires: 2025-01-10 21:00
Market Chart
575
FXPesa

10 Jan, 06:52

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 156.86

β–ͺ Posted Mixed Daily results for the last 13 days.
β–ͺ Majority of the initial daily losses being recaptured.
β–ͺ Dips continue to attract buyers.
β–ͺ Immediate signals are hard to interpret.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 156.86.
β–ͺ Economic figures could adversley affect the short term technical picture.

Confidence: ⭐⭐⭐
β›” Stop: 156.36
🎯 Target 1: 158.85
🎯 Target 2: 159.5
βŒ› Expires: 2025-01-10 21:00
Market Chart
537
FXPesa

09 Jan, 09:34

Join the premiere gang on YouTube at 2 PM.

This week on Financially Incorrect, we feature Waithaka Gatumia, CEO of Centonomy, who shares his incredible journey of growth, failure, and the life-changing lessons that come from showing up, volunteering, and doing your best. From starting out as a supplier to leading a 15-year-old financial literacy organization, his story is packed with insights.

Hit the notification button. Do not miss out: https://youtu.be/9-8l-yn4BWg
732
FXPesa

09 Jan, 08:04

Riding USD Strength Ahead of Friday's Non-farm Payrolls. We are live: https://youtube.com/live/083nApn5STc
704
FXPesa

09 Jan, 07:24

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2660.1

β–ͺ The primary trend remains bullish.
β–ͺ Our short term bias remains positive.
β–ͺ Offers ample risk/reward to buy at the market.
β–ͺ 20 1hour EMA is at 2660.
β–ͺ Dips continue to attract buyers and follow through bullish momentum resulted in the market posting net gains for 3 successive days.

Confidence: ⭐⭐⭐
β›” Stop: 2644.9
🎯 Target 1: 2699.8
🎯 Target 2: 2709.8
βŒ› Expires: 2025-01-10 06:00
Market Chart
687
FXPesa

09 Jan, 07:05

πŸ“ˆ [Buy Stop] GBPUSD - Bullish - We look to Buy a break of 1.2380

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We expect a reversal in this move.
β–ͺ Price action looks to be forming a bottom.
β–ͺ Bullish divergence is expected to support prices.
β–ͺ We look to Buy a break of 1.2380.

Confidence: ⭐⭐
β›” Stop: 1.234
🎯 Target 1: 1.252
🎯 Target 2: 1.255
βŒ› Expires: 2025-01-10 06:00
Market Chart
638
FXPesa

09 Jan, 06:23

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0261

β–ͺ The rally was sold and the dip bought resulting in mild net losses yesterday.
β–ͺ Buying posted in Asia.
β–ͺ Bespoke support is located at 1.0261.
β–ͺ There is scope for mild selling at the open but losses should be limited.
β–ͺ The medium term bias remains bullish.

Confidence: ⭐⭐
β›” Stop: 1.0216
🎯 Target 1: 1.0437
🎯 Target 2: 1.045
βŒ› Expires: 2025-01-10 06:00
Market Chart
636
FXPesa

09 Jan, 06:19

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 156.88

β–ͺ Posted Mixed Daily results for the last 11 days.
β–ͺ RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
β–ͺ The sequence for trading is higher highs and lows.
β–ͺ Bespoke support is located at 156.88.
β–ͺ Preferred trade is to buy on dips.
β–ͺ The medium term bias is neutral.

Confidence: ⭐⭐⭐
β›” Stop: 156.18
🎯 Target 1: 158.92
🎯 Target 2: 159
βŒ› Expires: 2025-01-10 06:00
Market Chart
664
FXPesa

08 Jan, 08:13

Jobless Claims: Live Analysis Majors, Gold & UT100: We are live: https://youtube.com/live/y7GshFcIqL4?feature=share
870
FXPesa

08 Jan, 07:27

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2635.1

β–ͺ The primary trend remains bullish.
β–ͺ Our short term bias remains positive.
β–ͺ Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
β–ͺ Previous resistance at 2630 now becomes support.
β–ͺ We look to buy dips.

Confidence: ⭐⭐⭐
β›” Stop: 2619.1
🎯 Target 1: 2675.1
🎯 Target 2: 2683.1
βŒ› Expires: 2025-01-09 06:00
Market Chart
823
FXPesa

08 Jan, 06:58

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2440

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We expect a reversal in this move.
β–ͺ Price action looks to be forming a bottom.
β–ͺ We look to buy dips.
β–ͺ Bespoke support is located at 1.2440.

Confidence: ⭐⭐
β›” Stop: 1.241
🎯 Target 1: 1.256
🎯 Target 2: 1.26
βŒ› Expires: 2025-01-09 06:00
Market Chart
755
FXPesa

08 Jan, 06:33

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0270

β–ͺ Rallies continue to attract sellers.
β–ͺ Levels above 1.0400 continue to attract sellers.
β–ͺ Bespoke support is located at 1.0267.
β–ͺ We have a 78.6% Fibonacci pullback level of 1.0270 from 1.0224 to 1.0437.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐
β›” Stop: 1.0235
🎯 Target 1: 1.04
🎯 Target 2: 1.042
βŒ› Expires: 2025-01-09 06:00
Market Chart
741
FXPesa

08 Jan, 06:30

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 157.26

β–ͺ Traded to the highest level in 24 weeks.
β–ͺ Daily signals for sentiment are at overbought extremes.
β–ͺ A Fibonacci confluence area is located at 158.62.
β–ͺ The sequence for trading is higher highs and lows.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 157.26.

Confidence: ⭐⭐⭐
β›” Stop: 156.76
🎯 Target 1: 158.62
🎯 Target 2: 158.87
βŒ› Expires: 2025-01-09 06:00
Market Chart
763
FXPesa

07 Jan, 07:27

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2616.6

β–ͺ Bespoke support is located at 2610.
β–ͺ Short term oscillators have turned negative.
β–ͺ A lower correction is expected.
β–ͺ The primary trend remains bullish.
β–ͺ Trend line support is located at 2614.
β–ͺ Setbacks should be limited to yesterday's low.

Confidence: ⭐⭐⭐
β›” Stop: 2600.6
🎯 Target 1: 2656.6
🎯 Target 2: 2666.6
βŒ› Expires: 2025-01-08 06:00
Market Chart
1,050
FXPesa

07 Jan, 07:03

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2580

β–ͺ The primary trend remains bearish.
β–ͺ The hourly chart technicals suggests further upside before the downtrend returns.
β–ͺ We look for a temporary move higher.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2580.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.2625
🎯 Target 1: 1.24
🎯 Target 2: 1.236
βŒ› Expires: 2025-01-08 06:00
Market Chart
860
FXPesa

07 Jan, 06:29

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 104.72

β–ͺ 2 positive daily performances in succession.
β–ͺ Buying posted in Asia.
β–ͺ Trend line resistance is located at 1.0472.
β–ͺ The rally is close to a correction count on the intraday chart.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐⭐
β›” Stop: 105.12
🎯 Target 1: 103.43
🎯 Target 2: 103
βŒ› Expires: 2025-01-08 06:00
Market Chart
811
FXPesa

07 Jan, 06:26

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 158.85

β–ͺ Posted Mixed Daily results for the last 9 days.
β–ͺ Buying pressure from 156.24 resulted in all the initial daily selloff being recaptured.
β–ͺ Selling posted in Asia.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ This has resulted in the medium term bias being for lower levels.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐
β›” Stop: 159.35
🎯 Target 1: 156.86
🎯 Target 2: 156
βŒ› Expires: 2025-01-08 06:00
Market Chart
823
FXPesa

06 Jan, 07:22

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2612.5

β–ͺ Bespoke support is located at 2610.
β–ͺ Short term oscillators have turned negative.
β–ͺ A lower correction is expected.
β–ͺ The primary trend remains bullish.
β–ͺ Trend line support is located at 2610.

Confidence: ⭐⭐⭐
β›” Stop: 2596.5
🎯 Target 1: 2652.5
🎯 Target 2: 2659.5
βŒ› Expires: 2025-01-07 06:00
Market Chart
974
FXPesa

06 Jan, 06:57

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0365

β–ͺ Posted mild net daily gains but all trading confined to the previous days range, an indecisive Inside Day.
β–ͺ Buying posted in Asia.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Immediate signals are hard to interpret.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke resistance is located at 1.0365.
β–ͺ The medium term bias is neutral.

Confidence: ⭐⭐⭐
β›” Stop: 1.0405
🎯 Target 1: 1.0265
🎯 Target 2: 1.025
βŒ› Expires: 2025-01-07 06:00
Market Chart
750
FXPesa

06 Jan, 06:55

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 156.86

β–ͺ Posted Mixed Daily results for the last 9 days.
β–ͺ RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
β–ͺ Previous resistance located at 157.93.
β–ͺ Risk/Reward would be poor to call a buy from current levels.
β–ͺ Further upside is expected although we prefer to set longs at our bespoke support levels at 156.86, resulting in improved risk/reward.

Confidence: ⭐⭐⭐
β›” Stop: 156.36
🎯 Target 1: 157.93
🎯 Target 2: 158.5
βŒ› Expires: 2025-01-07 06:00
Market Chart
720
FXPesa

06 Jan, 06:50

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2410

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We expect a reversal in this move.
β–ͺ Price action looks to be forming a bottom.
β–ͺ We look to buy dips.
β–ͺ Bespoke support is located at 1.2410.

Confidence: ⭐⭐
β›” Stop: 1.238
🎯 Target 1: 1.253
🎯 Target 2: 1.256
βŒ› Expires: 2025-01-07 06:00
Market Chart
724
FXPesa

03 Jan, 12:09

🧠 A solid trading plan is your compass in market turbulence, helping you stay strategic and avoid emotional decisions.

πŸ’‘Sticking to your plan can be the difference between success and setbacks. Plan your trades, and trade your plan.

Watch now: https://youtu.be/J4NmAppqXnU
1,255
FXPesa

03 Jan, 07:20

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2635.5

β–ͺ Previous resistance at 2635 now becomes support.
β–ͺ The primary trend remains bullish.
β–ͺ We look to buy dips.
β–ͺ Our outlook is bullish.
β–ͺ A lower correction is expected.

Confidence: ⭐⭐⭐
β›” Stop: 2619.5
🎯 Target 1: 2675.5
🎯 Target 2: 2683.5
βŒ› Expires: 2025-01-03 21:00
Market Chart
1,263
FXPesa

03 Jan, 07:12

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2480

β–ͺ The primary trend remains bearish.
β–ͺ The hourly chart technicals suggests further upside before the downtrend returns.
β–ͺ We look for a temporary move higher.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2480.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.252
🎯 Target 1: 1.236
🎯 Target 2: 1.233
βŒ› Expires: 2025-01-03 21:00
Market Chart
1,276
FXPesa

03 Jan, 06:20

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0400

β–ͺ Continued downward momentum from 1.0458 resulted in the pair posting net daily losses yesterday.
β–ͺ Trades at the lowest level in 25months.
β–ͺ Buying posted in Asia.
β–ͺ The 261.8% Fibonacci extension is located at 1.0230 from 1.0458 to 1.0372.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Immediate signals are hard to interpret.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0445
🎯 Target 1: 1.0235
🎯 Target 2: 1.02
βŒ› Expires: 2025-01-03 21:00
Market Chart
1,084
FXPesa

03 Jan, 06:16

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 155.50

β–ͺ Posted Mixed Daily results for the last 7 days.
β–ͺ Price action has continued to range within a rectangle formation.
β–ͺ RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ A break of bespoke resistance at 160.78, and the move higher is already underway.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 154.8
🎯 Target 1: 158
🎯 Target 2: 160.78
βŒ› Expires: 2025-01-03 21:00
Market Chart
848
FXPesa

02 Jan, 10:50

Imagine growing up extremely wealthy, only to have it all vanish in the blink of an eye.

Eric opens up about losing it all, becoming homeless, and how those dark times became the foundation for his incredible journey to success. πŸ”₯

Watch now: https: https://youtu.be/syrPCNu8l2w?si=oYoDPhNl8VvoIUKM
995
FXPesa

02 Jan, 07:32

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2615.2

β–ͺ The primary trend remains bullish.
β–ͺ Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
β–ͺ A break of the recent high at 2638.9 should result in a further move higher.
β–ͺ Bespoke support is located at 2615.
β–ͺ Dip buying offers good risk/reward.

Confidence: ⭐⭐⭐
β›” Stop: 2597.2
🎯 Target 1: 2660.2
🎯 Target 2: 2668.2
βŒ› Expires: 2025-01-03 06:00
Market Chart
1,161
FXPesa

02 Jan, 06:29

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0400

β–ͺ Broken out of the channel formation to the downside.
β–ͺ The formation has a measured move target of 1.0265.
β–ͺ The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
β–ͺ Bespoke resistance is located at 1.0400.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0435
🎯 Target 1: 1.0265
🎯 Target 2: 1.025
βŒ› Expires: 2025-01-03 06:00
Market Chart
742
FXPesa

02 Jan, 06:25

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 157.75

β–ͺ The 261.8% Fibonacci extension is located at 156.14 from 158.09 to 157.51.
β–ͺ Bespoke resistance is located at 157.75.
β–ͺ Selling posted in Asia.
β–ͺ A bearish Head and Shoulders is forming.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐
β›” Stop: 158.15
🎯 Target 1: 156.86
🎯 Target 2: 156
βŒ› Expires: 2025-01-03 06:00
Market Chart
737
FXPesa

02 Jan, 06:12

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2590

β–ͺ The primary trend remains bearish.
β–ͺ The hourly chart technicals suggests further upside before the downtrend returns.
β–ͺ We look for a temporary move higher.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2590.

Confidence: ⭐⭐⭐
β›” Stop: 1.2615
🎯 Target 1: 1.2515
🎯 Target 2: 1.249
βŒ› Expires: 2025-01-03 06:00
Market Chart
720
FXPesa

31 Dec, 09:02

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2594.2

β–ͺ The primary trend remains bullish.
β–ͺ Trend line support is located at 2593.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Dip buying offers good risk/reward.
β–ͺ The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.

Confidence: ⭐⭐⭐⭐
β›” Stop: 2578.2
🎯 Target 1: 2634.2
🎯 Target 2: 2644.2
βŒ› Expires: 2025-01-01 06:00
Market Chart
881
FXPesa

31 Dec, 08:23

Ever wondered how Dave Chappelle ended up performing in Nairobi? 🎀
 For our last episode of the year, Eric Lu, the man behind the event, shares the insane story of how it all came together. From the secret phone call πŸ“ž that kicked it off to selling out tickets in minutes ⏱️, he reveals the highs, the chaos, and the bribes they refused. 
 
Don’t miss itβ€”premiering on YouTube at 2 PM! πŸ•‘βœ¨
 
πŸ”— Notify me: https://youtu.be/syrPCNu8l2w
896
FXPesa

31 Dec, 07:03

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2520

β–ͺ Price action has stalled at good support levels and currently trades just above here (1.2500).
β–ͺ Price action looks to be forming a bottom.
β–ͺ Risk/Reward would be poor to call a buy from current levels.
β–ͺ Risk/Reward would be poor to call a buy from current levels.
β–ͺ A move through 1.2560 will confirm the bullish momentum.
β–ͺ The measured move target is 1.2600.

Confidence: ⭐⭐
β›” Stop: 1.249
🎯 Target 1: 1.2595
🎯 Target 2: 1.26
βŒ› Expires: 2025-01-01 06:00
Market Chart
819
FXPesa

31 Dec, 06:45

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0441

β–ͺ Posted Mixed Daily results for the last 7 days.
β–ͺ Trading within a Corrective Channel formation.
β–ͺ Trend line resistance is located at 1.0461.
β–ͺ Bespoke resistance is located at 1.0441.
β–ͺ The formation has a measured move target of 1.0260.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0487
🎯 Target 1: 1.026
🎯 Target 2: 1.025
βŒ› Expires: 2025-01-01 06:00
Market Chart
721
FXPesa

31 Dec, 06:41

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 155.61

β–ͺ Selling pressure from 158.07 resulted in all the initial daily gains being overturned.
β–ͺ Selling posted in Asia.
β–ͺ The 261.8% Fibonacci extension is located at 156.14 from 158.09 to 157.35.
β–ͺ Bespoke support is located at 155.61.
β–ͺ We are trading at oversold extremes.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 154.61
🎯 Target 1: 157.75
🎯 Target 2: 158
βŒ› Expires: 2025-01-01 06:00
Market Chart
689
FXPesa

30 Dec, 14:27

Chasing the market won’t make you a pro, but the right strategy will. πŸ’‘πŸš€ Ahmed Abdi Taajir reveals how successful traders stay on top by mastering risk management, sticking to a trading plan, and developing the right mindset.
886
FXPesa

30 Dec, 14:26

https://youtu.be/46uG38maJec
909
FXPesa

30 Dec, 08:04

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2637.5

β–ͺ Daily signals are mildly bearish.
β–ͺ Trading within a Corrective Channel formation.
β–ͺ Posted a Double Top formation.
β–ͺ 50 1day EMA is at 2639.
β–ͺ 2639.2 has been pivotal.

Confidence: ⭐⭐
β›” Stop: 2653.5
🎯 Target 1: 2597.5
🎯 Target 2: 2587.5
βŒ› Expires: 2024-12-31 06:00
Market Chart
905
FXPesa

30 Dec, 06:33

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0440

β–ͺ The rally was sold and the dip bought resulting in mild net gains yesterday.
β–ͺ Inside Soldiers have been posted on the daily chart.
β–ͺ The previous swing high is located at 1.0448.
β–ͺ A Fibonacci confluence area is located at 1.0365.
β–ͺ Bespoke resistance is located at 1.0450.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐
β›” Stop: 1.0465
🎯 Target 1: 1.0365
🎯 Target 2: 1.035
βŒ› Expires: 2024-12-31 06:00
Market Chart
909
FXPesa

30 Dec, 06:29

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 156.40

β–ͺ Posted mild net daily losses but all trading confined to the previous days range, an indecisive Inside Day.
β–ͺ Buying posted in Asia.
β–ͺ The medium term bias remains bullish.
β–ͺ Bespoke resistance is located at 160.78.
β–ͺ Further upside is expected and we look to set longs in early trade.

Confidence: ⭐⭐⭐
β›” Stop: 155.5
🎯 Target 1: 160
🎯 Target 2: 160.78
βŒ› Expires: 2024-12-31 06:00
Market Chart
845
FXPesa

06 Dec, 07:23

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2655.5

β–ͺ Daily momentum has stalled and our bias is now neutral.
β–ͺ We are trading at overbought extremes.
β–ͺ Trading has been mixed and volatile.
β–ͺ 2657.3 has been pivotal.
β–ͺ The overnight dip was bought into and follow through upward pressure was noted.

Confidence: ⭐⭐
β›” Stop: 2673.5
🎯 Target 1: 2605.5
🎯 Target 2: 2595.5
βŒ› Expires: 2024-12-06 21:00
Market Chart
730
FXPesa

06 Dec, 06:43

πŸ“‰ [Sell Stop] EURUSD - Bearish - We look to Sell a break of 1.0542

β–ͺ Continued upward momentum from 1.0472 resulted in the pair posting net daily gains yesterday.
β–ͺ There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 1.0597.
β–ͺ Economic figures could adversley affect the short term technical picture.
β–ͺ A Fibonacci confluence area is located at 1.0380.
β–ͺ A break of 1.0542 is needed to confirm follow through negative momentum.

Confidence: ⭐⭐⭐
β›” Stop: 1.0592
🎯 Target 1: 1.038
🎯 Target 2: 1.035
βŒ› Expires: 2024-12-06 21:00
Market Chart
693
FXPesa

06 Dec, 06:38

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 149.22

β–ͺ A 5 wave bullish count has been completed at 151.23.
β–ͺ Selling posted in Asia.
β–ͺ The move lower is mixed and volatile, common in corrective sequences.
β–ͺ The overnight rally has been sold into and there is scope for further bearish pressure going into this morning.
β–ͺ We look to set longs at our bespoke indicator levels (149.22).
β–ͺ Economic figures could adversley affect the short term technical picture.

Confidence: ⭐⭐⭐
β›” Stop: 148.42
🎯 Target 1: 151.01
🎯 Target 2: 151.69
βŒ› Expires: 2024-12-06 21:00
Market Chart
627
FXPesa

06 Dec, 06:05

πŸ“‰ [Sell Stop] GBPUSD - Bearish - We look to Sell a break of 1.2730

β–ͺ The primary trend remains bearish.
β–ͺ The rally is close to an exhaustion count on the daily chart.
β–ͺ We look to Sell a break of 1.2730.
β–ͺ Price action looks to be forming a top.
β–ͺ Bearish divergence is expected to cap gains.

Confidence: ⭐⭐⭐
β›” Stop: 1.276
🎯 Target 1: 1.264
🎯 Target 2: 1.262
βŒ› Expires: 2024-12-06 21:00
Market Chart
649
FXPesa

05 Dec, 08:11

Trading The SP500, Nasdaq, and DJIA All-time Highs. We are live: https://youtube.com/live/UTwJJimdvIc?feature=share
817
FXPesa

05 Dec, 07:19

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2635.5

β–ͺ Levels close to the 38.2% pullback level of 2633.9 found buyers.
β–ͺ Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
β–ͺ The primary trend remains bullish.
β–ͺ Price action continued to range between key support & resistance (2633 - 2660) although we expect a break of this range soon.
β–ͺ Risk/Reward would be poor to call a buy from current levels.

Confidence: ⭐⭐⭐⭐
β›” Stop: 2617.5
🎯 Target 1: 2680.5
🎯 Target 2: 2688.5
βŒ› Expires: 2024-12-06 06:00
Market Chart
744
FXPesa

05 Dec, 06:55

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2735

β–ͺ The primary trend remains bearish.
β–ͺ The rally is close to a correction count on the intraday chart.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2735.

Confidence: ⭐⭐⭐
β›” Stop: 1.2765
🎯 Target 1: 1.2645
🎯 Target 2: 1.262
βŒ› Expires: 2024-12-06 06:00
Market Chart
669
FXPesa

05 Dec, 06:37

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0558

β–ͺ Inside Soldiers have been posted on the daily chart.
β–ͺ Buying posted in Asia.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ We have a Gap open at 1.0577 from 29.11 to 01.12.
β–ͺ Bespoke resistance is located at 1.0558.
β–ͺ A Fibonacci confluence area is located at 1.0371.

Confidence: ⭐⭐⭐
β›” Stop: 1.0598
🎯 Target 1: 1.0418
🎯 Target 2: 1.0371
βŒ› Expires: 2024-12-06 06:00
Market Chart
676
FXPesa

05 Dec, 06:34

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 149.22

β–ͺ A 5 wave bullish count has been completed at 151.23.
β–ͺ Selling posted in Asia.
β–ͺ The move lower is mixed and volatile, common in corrective sequences.
β–ͺ The overnight rally has been sold into and there is scope for further bearish pressure going into this morning.
β–ͺ We look to set longs at our bespoke indicator levels (149.22).

Confidence: ⭐⭐⭐
β›” Stop: 148.42
🎯 Target 1: 151.01
🎯 Target 2: 151.69
βŒ› Expires: 2024-12-06 06:00
Market Chart
625
FXPesa

04 Dec, 14:23

Market Update:
US ISM Services PMI Coming up at 6:00 pm EAT.

▢️ The US Institute of Supply Management (ISM) is set to release the Purchasing Managers Index (PMI) report at 6:00 pm EAT. Analysts estimate that the PMI decreased to 55.7; down from 56.0 in November 2024.

▢️ A drop in ISM services PMI is expected to weaken the USD while an increase is expected to strengthen the USD.

▢️ Traders will also be watching the US crude oil inventories report at 6:30 PM EAT and a speech by Jerome Powell at the New York Times DealBook Summit at 9:45 pm EAT.

Switch to FXPesa for fast execution, all-in-one seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
758
FXPesa

04 Dec, 08:08

ISM Services PMI: Live Analysis Major Currencies, Gold, Nasdaq: https://youtube.com/live/Ny_lbk1GA7o?feature=share
844
FXPesa

04 Dec, 07:14

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2660.6

β–ͺ Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
β–ͺ Levels close to the 50% pullback level of 2663.7 found sellers.
β–ͺ We look for a temporary move higher.
β–ͺ We are trading at overbought extremes.
β–ͺ Short term MACD is moving lower.

Confidence: ⭐⭐
β›” Stop: 2684.6
🎯 Target 1: 2600.6
🎯 Target 2: 2590.6
βŒ› Expires: 2024-12-05 06:00
Market Chart
803
FXPesa

04 Dec, 06:51

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2720

β–ͺ The primary trend remains bearish.
β–ͺ The rally is close to a correction count on the intraday chart.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2720.

Confidence: ⭐⭐⭐
β›” Stop: 1.275
🎯 Target 1: 1.263
🎯 Target 2: 1.26
βŒ› Expires: 2024-12-05 06:00
Market Chart
819
FXPesa

04 Dec, 06:27

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0558

β–ͺ Posted mild net daily gains but all trading confined to the previous days range, an indecisive Inside Day.
β–ͺ Buying posted in Asia.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ We have a Gap open at 1.0577 from 29.11 to 01.12.
β–ͺ Bespoke resistance is located at 1.0558.
β–ͺ A Fibonacci confluence area is located at 1.0371.

Confidence: ⭐⭐⭐
β›” Stop: 1.0598
🎯 Target 1: 1.0418
🎯 Target 2: 1.0371
βŒ› Expires: 2024-12-05 06:00
Market Chart
721
FXPesa

04 Dec, 06:25

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 148.92

β–ͺ Closed the day little net changed.
β–ͺ The overnight rally has been sold into and there is scope for further bearish pressure going into this morning.
β–ͺ Bespoke support is located at 148.92.
β–ͺ A bullish reverse Head and Shoulders is forming.
β–ͺ Bespoke resistance is located at 151.88.
β–ͺ Dip buying offers good risk/reward.

Confidence: ⭐⭐⭐
β›” Stop: 148.12
🎯 Target 1: 151.88
🎯 Target 2: 152
βŒ› Expires: 2024-12-05 06:00
Market Chart
736
FXPesa

03 Dec, 08:16

Live Analysis: Nasdaq, Nikkei Resume Rally As JPY Strength Eases: https://youtube.com/live/dokpRuzPeus?feature=share
992
FXPesa

03 Dec, 07:24

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2660.6

β–ͺ Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
β–ͺ Levels close to the 50% pullback level of 2663.7 found sellers.
β–ͺ We look for a temporary move higher.
β–ͺ We are trading at overbought extremes.
β–ͺ Short term MACD is moving lower.

Confidence: ⭐⭐
β›” Stop: 2684.6
🎯 Target 1: 2600.6
🎯 Target 2: 2590.6
βŒ› Expires: 2024-12-04 06:00
Market Chart
875
FXPesa

03 Dec, 06:40

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2720

β–ͺ The primary trend remains bearish.
β–ͺ The rally is close to a correction count on the intraday chart.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2720.

Confidence: ⭐⭐⭐
β›” Stop: 1.275
🎯 Target 1: 1.263
🎯 Target 2: 1.26
βŒ› Expires: 2024-12-04 06:00
Market Chart
881
FXPesa

03 Dec, 06:19

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0558

β–ͺ Continued downward momentum from 1.0585 resulted in the pair posting net daily losses yesterday.
β–ͺ Buying posted in Asia.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ We have a Gap open at 1.0577 from 29.11 to 01.12.
β–ͺ Bespoke resistance is located at 1.0558.
β–ͺ A Fibonacci confluence area is located at 1.0371.

Confidence: ⭐⭐⭐
β›” Stop: 1.0598
🎯 Target 1: 1.0418
🎯 Target 2: 1.0371
βŒ› Expires: 2024-12-04 06:00
Market Chart
797
FXPesa

03 Dec, 06:14

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 151.14

β–ͺ The rally was sold and the dip bought resulting in mild net losses yesterday.
β–ͺ Buying posted in Asia.
β–ͺ The 261.8% Fibonacci extension is located at 147.55 from 156.75 to 153.28.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Bespoke resistance is located at 151.14.

Confidence: ⭐⭐⭐
β›” Stop: 152.14
🎯 Target 1: 148.85
🎯 Target 2: 147.55
βŒ› Expires: 2024-12-04 06:00
Market Chart
805
FXPesa

02 Dec, 08:16

Trading Gold, US Equity Indices, & Majors This NFP Week: https://youtube.com/live/2ME-YHR3II4
787
FXPesa

02 Dec, 07:16

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2656.5

β–ͺ Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
β–ͺ Levels close to the 50% pullback level of 2663.7 found sellers.
β–ͺ We look for a temporary move higher.
β–ͺ We are trading at overbought extremes.
β–ͺ Short term MACD is moving lower.

Confidence: ⭐⭐
β›” Stop: 2680.5
🎯 Target 1: 2596.5
🎯 Target 2: 2586.5
βŒ› Expires: 2024-12-03 06:00
Market Chart
792
FXPesa

02 Dec, 06:29

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2660

β–ͺ The medium term bias remains bullish.
β–ͺ A higher correction is expected.
β–ͺ We look for a temporary move lower.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 1.2660.

Confidence: ⭐⭐
β›” Stop: 1.262
🎯 Target 1: 1.278
🎯 Target 2: 1.282
βŒ› Expires: 2024-12-03 06:00
Market Chart
723
FXPesa

02 Dec, 06:25

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0574

β–ͺ Broken out of the wedge to the downside.
β–ͺ We have a Gap open at 1.0578 from 29.11 to 01.12.
β–ͺ Bespoke resistance is located at 1.0574.
β–ͺ Immediate signals are hard to interpret.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐
β›” Stop: 1.0604
🎯 Target 1: 1.0505
🎯 Target 2: 1.045
βŒ› Expires: 2024-12-03 06:00
Market Chart
701
FXPesa

02 Dec, 06:19

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 151.14

β–ͺ Trades at the lowest level in 28 days.
β–ͺ Buying posted in Asia.
β–ͺ The 261.8% Fibonacci extension is located at 147.55 from 156.75 to 153.28.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Bespoke resistance is located at 151.14.

Confidence: ⭐⭐⭐
β›” Stop: 152.14
🎯 Target 1: 148.85
🎯 Target 2: 147.55
βŒ› Expires: 2024-12-03 06:00
Market Chart
698
FXPesa

29 Nov, 08:55

Dar es Salaam! Mnaalikwa kwenye Funga Mwaka Traders Masterclass ya BURE kabisa.

Njoo ukutane na Prudence, Nobert na Amani .

πŸ“CBD Hotel

πŸ“… Muda saa 7 mchana mpaka 12 jioni, 07 December 2024.

Ongeza ujuzi wako katika masoko ya fedha; njoo ukutane na wabobezi kwenye industry hii.

Jisajili leo: https://www1.equiti-me.com/sc/lps/fxpesa-trading-masterclass-tour-tanzania/

#FXPesaTanzania #TradersMasterclass
1,233
FXPesa

29 Nov, 07:20

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0625

β–ͺ The sequence for trading is higher highs and lows.
β–ͺ Price action has formed a bearish ending wedge formation.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ Trend line resistance is located at 1.0625.
β–ͺ The formation has a measured move target of 1.0332.
β–ͺ Selling spikes offers good risk/reward.

Confidence: ⭐⭐⭐
β›” Stop: 1.0675
🎯 Target 1: 1.0425
🎯 Target 2: 1.0332
βŒ› Expires: 2024-11-29 21:00
Market Chart
1,233
FXPesa

29 Nov, 07:19

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2635.3

β–ͺ 2605.3 has been pivotal.
β–ͺ Short term bias has turned positive.
β–ͺ The primary trend remains bullish.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Risk/Reward would be poor to call a buy from current levels.
β–ͺ Levels close to the 38.2% pullback level of 2633.9 found buyers.

Confidence: ⭐⭐⭐⭐
β›” Stop: 2611.3
🎯 Target 1: 2695.3
🎯 Target 2: 2705.3
βŒ› Expires: 2024-11-29 21:00
Market Chart
968
FXPesa

29 Nov, 07:16

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 150.89

β–ͺ Previous support level of 150.46 broken.
β–ͺ The 261.8% Fibonacci extension is located at 149.55 from 156.75 to 153.28.
β–ͺ Expect trading to remain mixed and volatile.
β–ͺ There is scope for mild buying at the open but gains should be limited.
β–ͺ Bespoke resistance is located at 150.89.

Confidence: ⭐⭐⭐
β›” Stop: 151.89
🎯 Target 1: 148.85
🎯 Target 2: 147.55
βŒ› Expires: 2024-11-29 21:00
Market Chart
860
FXPesa

29 Nov, 06:59

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2670

β–ͺ The medium term bias remains bullish.
β–ͺ A higher correction is expected.
β–ͺ Buying posted in Asia.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 1.2670.

Confidence: ⭐⭐⭐
β›” Stop: 1.262
🎯 Target 1: 1.2795
🎯 Target 2: 1.284
βŒ› Expires: 2024-11-29 21:00
Market Chart
789
FXPesa

28 Nov, 11:58

πŸŽ‰ Mombasa, it’s your turn! 🌊

We’re wrapping up the Traders Masterclass Tour in the coastal city, and we want YOU to join us! After incredible sessions in Kisumu, Nairobi, Meru, and Nakuru, we’re bringing the ultimate trading experience to Mombasa.
πŸ“ Hotel Sapphire, Mombasa

13:00 - 18:00, 06 Dec 2024.


Register now: https://www1.fxpesa.com/workshops/fxpesa-masterclass-tour-1/
1,059
FXPesa

28 Nov, 07:13

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2617.8

β–ͺ Price action looks to be forming a bottom.
β–ͺ Daily signals are mildly bullish.
β–ͺ Setbacks should be limited to yesterday's low.
β–ͺ 2605.3 has been pivotal.
β–ͺ Dip buying offers good risk/reward.

Confidence: ⭐⭐⭐⭐
β›” Stop: 2593.8
🎯 Target 1: 2677.8
🎯 Target 2: 2687.8
βŒ› Expires: 2024-11-29 06:00
Market Chart
1,233
FXPesa

28 Nov, 06:51

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2610

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ A higher correction is expected.
β–ͺ Intraday signals are mixed.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 1.2610.

Confidence: ⭐⭐⭐
β›” Stop: 1.2565
🎯 Target 1: 1.2745
🎯 Target 2: 1.28
βŒ› Expires: 2024-11-29 06:00
Market Chart
903
FXPesa

28 Nov, 06:20

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0577

β–ͺ Continued upward momentum from 1.0332 resulted in the pair posting net daily gains yesterday.
β–ͺ Bespoke resistance is located at 1.0577.
β–ͺ Selling posted in Asia.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended gains with caution.
β–ͺ The formation has a measured move target of 1.0332.

Confidence: ⭐⭐⭐
β›” Stop: 1.0627
🎯 Target 1: 1.0425
🎯 Target 2: 1.0332
βŒ› Expires: 2024-11-29 06:00
Market Chart
777
FXPesa

28 Nov, 06:16

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 150.88

β–ͺ Continued downward momentum from 155.89 resulted in the pair posting net daily losses yesterday.
β–ͺ Buying posted in Asia.
β–ͺ A Fibonacci confluence area is located at 153.62.
β–ͺ There is scope for mild selling at the open but losses should be limited.
β–ͺ The medium term bias remains bullish.

Confidence: ⭐⭐⭐
β›” Stop: 149.88
🎯 Target 1: 153.62
🎯 Target 2: 154
βŒ› Expires: 2024-11-29 06:00
Market Chart
791
FXPesa

18 Nov, 07:22

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2632.5

β–ͺ Our short term bias remains positive.
β–ͺ Overnight losses have been limited.
β–ͺ We look for a temporary move higher.
β–ͺ Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
β–ͺ Selling continued from the 38.2% pullback level of 2633.9.

Confidence: ⭐⭐
β›” Stop: 2656.5
🎯 Target 1: 2572.5
🎯 Target 2: 2562.5
βŒ› Expires: 2024-11-19 06:00
Market Chart
453
FXPesa

18 Nov, 06:58

πŸ“ˆ [Buy Stop] GBPUSD - Bullish - We look to Buy a break of 1.2650

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We are trading at oversold extremes.
β–ͺ Bullish divergence is expected to support prices.
β–ͺ A higher correction is expected.
β–ͺ We look to Buy a break of 1.2650.

Confidence: ⭐⭐
β›” Stop: 1.261
🎯 Target 1: 1.281
🎯 Target 2: 1.285
βŒ› Expires: 2024-11-19 06:00
Market Chart
445
FXPesa

17 Nov, 10:44

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0480

β–ͺ Spikes (rejections) can be seen in both directions highlighting indecision.
β–ͺ Dips continue to attract buyers.
β–ͺ Trades at the lowest level in 54 days.
β–ͺ The 161.8% Fibonacci extension is located at 1.0480 from 1.1214 to 1.0760.
β–ͺ Bespoke resistance is located at 1.0733.
β–ͺ Dip buying offers good risk/reward.

Confidence: ⭐⭐⭐
β›” Stop: 1.043
🎯 Target 1: 1.0624
🎯 Target 2: 1.0733
βŒ› Expires: 2024-11-19 06:00
Market Chart
577
FXPesa

17 Nov, 10:42

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 155.00

β–ͺ Selling pressure from 156.75 resulted in all the initial daily gains being overturned.
β–ͺ Price action has posted a bearish Outside Day and is negative for short-term sentiment.
β–ͺ A Fibonacci confluence area is located at 153.27.
β–ͺ There is scope for mild buying at the open but gains should be limited.
β–ͺ The medium term bias remains bearish.

Confidence: ⭐⭐
β›” Stop: 155.8
🎯 Target 1: 153.27
🎯 Target 2: 153
βŒ› Expires: 2024-11-19 06:00
Market Chart
557
FXPesa

15 Nov, 07:33

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2589.5

β–ͺ Our short term bias remains negative.
β–ͺ There is no clear indication that the downward move is coming to an end.
β–ͺ The lack of interest is a concern for bulls.
β–ͺ 20 4hour EMA is at 2585.6.
β–ͺ Previous support at 2590 now becomes resistance.

Confidence: ⭐⭐
β›” Stop: 2617.5
🎯 Target 1: 2519.5
🎯 Target 2: 2509.5
βŒ› Expires: 2024-11-15 21:00
Market Chart
849
FXPesa

15 Nov, 07:11

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2585.5

β–ͺ Our short term bias remains negative.
β–ͺ There is no clear indication that the downward move is coming to an end.
β–ͺ The lack of interest is a concern for bulls.
β–ͺ 20 4hour EMA is at 2585.6.
β–ͺ Previous support at 2590 now becomes resistance.

Confidence: ⭐⭐
β›” Stop: 2613.5
🎯 Target 1: 2515.5
🎯 Target 2: 2505.5
βŒ› Expires: 2024-11-15 21:00
Market Chart
729
FXPesa

15 Nov, 06:52

πŸ“ˆ [Buy Stop] GBPUSD - Bullish - We look to Buy a break of 1.2705

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We are trading at oversold extremes.
β–ͺ Bullish divergence is expected to support prices.
β–ͺ A higher correction is expected.
β–ͺ We look to Buy a break of 1.2705.

Confidence: ⭐⭐⭐
β›” Stop: 1.2665
🎯 Target 1: 1.2865
🎯 Target 2: 1.292
βŒ› Expires: 2024-11-15 21:00
Market Chart
590
FXPesa

15 Nov, 06:39

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0480

β–ͺ 5 negative daily performances in succession.
β–ͺ Dips continue to attract buyers.
β–ͺ Trades at the lowest level in 53 days.
β–ͺ The 161.8% Fibonacci extension is located at 1.0480 from 1.1214 to 1.0760.
β–ͺ Bespoke resistance is located at 1.0733.
β–ͺ Dip buying offers good risk/reward.

Confidence: ⭐⭐
β›” Stop: 1.043
🎯 Target 1: 1.0624
🎯 Target 2: 1.0733
βŒ› Expires: 2024-11-15 21:00
Market Chart
542
FXPesa

15 Nov, 06:38

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 158.25

β–ͺ Traded to the highest level in 15 weeks.
β–ͺ Rallies continue to attract sellers.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended gains with caution.
β–ͺ Bespoke resistance is located at 158.26.
β–ͺ Bespoke support is located at 153.73.
β–ͺ Immediate signals are hard to interpret.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐
β›” Stop: 159.25
🎯 Target 1: 155
🎯 Target 2: 153.75
βŒ› Expires: 2024-11-15 21:00
Market Chart
603
FXPesa

14 Nov, 08:00

Ready for yet another installment of the Market Snapshot series? 🏁 Gear up as Rufas Kamau takes you through what you should look forward to ahead of Powell’s Speech. Click here to check it out πŸ§‘πŸΎβ€πŸ’»https://www.youtube.com/live/HCvnEjK8QgM?si=nYfc-m-sMAL_z7ws
716
FXPesa

14 Nov, 07:18

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2594.5

β–ͺ Our short term bias remains negative.
β–ͺ There is no clear indication that the downward move is coming to an end.
β–ͺ The lack of interest is a concern for bulls.
β–ͺ 20 4hour EMA is at 2604.8.
β–ͺ Previous support at 2590 now becomes resistance.

Confidence: ⭐⭐
β›” Stop: 2622.5
🎯 Target 1: 2524.5
🎯 Target 2: 2514.5
βŒ› Expires: 2024-11-15 06:00
Market Chart
796
FXPesa

14 Nov, 07:15

πŸ“ˆ [Buy Stop] GBPUSD - Bullish - We look to Buy a break of 1.2730

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We are trading at oversold extremes.
β–ͺ Bullish divergence is expected to support prices.
β–ͺ A higher correction is expected.
β–ͺ We look to Buy a break of 1.2730.

Confidence: ⭐⭐⭐
β›” Stop: 1.269
🎯 Target 1: 1.289
🎯 Target 2: 1.294
βŒ› Expires: 2024-11-15 06:00
Market Chart
600
FXPesa

14 Nov, 06:26

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0480

β–ͺ 4 negative daily performances in succession.
β–ͺ Selling posted in Asia.
β–ͺ Trades at the lowest level in 53 days.
β–ͺ The 161.8% Fibonacci extension is located at 1.0480 from 1.1214 to 1.0760.
β–ͺ Bespoke resistance is located at 1.0733.
β–ͺ Dip buying offers good risk/reward.

Confidence: ⭐⭐
β›” Stop: 1.043
🎯 Target 1: 1.0624
🎯 Target 2: 1.0733
βŒ› Expires: 2024-11-15 06:00
Market Chart
560
FXPesa

14 Nov, 06:20

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 153.40

β–ͺ 3 positive daily performances in succession.
β–ͺ Buying posted in Asia.
β–ͺ Traded to the highest level in 15 weeks.
β–ͺ Immediate signals are hard to interpret.
β–ͺ Bespoke support is located at 153.40.
β–ͺ Bespoke resistance is located at 158.26.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 152.6
🎯 Target 1: 156.5
🎯 Target 2: 158.26
βŒ› Expires: 2024-11-15 06:00
Market Chart
592
FXPesa

13 Nov, 14:51

🚨 Meet Jared, Robert and Rufas in Nakuru.

Learn how a systematic trading approach can empower you to make smarter moves and achieve long-term growth in currency trading.

πŸ“ Hotel Waterbuck, Nakuru.
πŸ“… 13:00 - 18:00, 22 Nov 2024.

Register now: https://www1.fxpesa.com/workshops/fxpesa-masterclass-tour-1/

#FXPesa #Nakuru #TradingInsight
682
FXPesa

13 Nov, 12:35

Market Update: US Inflation Report Coming Up at 4:30 pm EAT!

▢️ The US annual inflation rate is expected to rise to 2.6% in October, up from 2.4% in September, marking the first increase in inflation, in seven months.

▢️ Monthly CPI is anticipated to increase by 0.2%, consistent with the past three months.
Core inflation is expected to remain steady at 3.3% annually.

▢️ The USD pairs, US equity indices, gold and silver are expected to show increased volatility after the news announcement.

▢️ Higher than expected inflation will likely strengthen the USD amid expectations of interest rates remaining higher for longer.

Switch to FXPesa for fast execution, all-in-one seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
806
FXPesa

13 Nov, 08:32

US CPI : Trading GBPUSD, EURUSD, GOLD, NASDAQ & USDCHF: https://youtube.com/live/7FyuCKxipME?feature=share
753
FXPesa

13 Nov, 07:19

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2643.5

β–ͺ Our short term bias remains negative.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ There is no clear indication that the downward move is coming to an end.
β–ͺ The previous swing low is located at 2643.3.
β–ͺ Previous support at 2650 now becomes resistance.

Confidence: ⭐⭐
β›” Stop: 2671.5
🎯 Target 1: 2573.5
🎯 Target 2: 2561.5
βŒ› Expires: 2024-11-14 06:00
Market Chart
725
FXPesa

13 Nov, 07:02

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2700

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ We are trading at oversold extremes.
β–ͺ The previous swing low is located at 1.2665.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 1.2700.

Confidence: ⭐⭐⭐
β›” Stop: 1.266
🎯 Target 1: 1.286
🎯 Target 2: 1.292
βŒ› Expires: 2024-11-14 06:00
Market Chart
692
FXPesa

13 Nov, 06:36

πŸ“ˆ [Buy Stop] EURUSD - Bullish - We look to Buy a break of 1.0629

β–ͺ Previous support located at 1.0601.
β–ͺ We are trading at oversold extremes.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Economic figures could adversley affect the short term technical picture.
β–ͺ Bespoke support is located at 1.0578.
β–ͺ A break of 1.0612 is needed to confirm follow through bullish momentum.

Confidence: ⭐⭐⭐
β›” Stop: 1.0589
🎯 Target 1: 1.0763
🎯 Target 2: 1.0825
βŒ› Expires: 2024-11-14 06:00
Market Chart
663
FXPesa

12 Nov, 08:30

Technical Analysis of Gold, SP500, Nasdaq, & DJIA: https://www.youtube.com/watch?v=NmBE6HBXsFI
458
FXPesa

12 Nov, 07:19

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2652.5

β–ͺ Yesterday's Marabuzo is located at 2651.3.
β–ͺ Our short term bias remains negative.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Daily signals for sentiment are at overbought extremes.
β–ͺ 20 4hour EMA is at 2657.

Confidence: ⭐⭐
β›” Stop: 2676.5
🎯 Target 1: 2592.5
🎯 Target 2: 2582.5
βŒ› Expires: 2024-11-13 06:00
Market Chart
486
FXPesa

12 Nov, 07:14

πŸ“ˆ [Buy Stop] GBPUSD - Bullish - We look to Buy a break of 1.2855

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ Price action looks to be forming a bottom.
β–ͺ We are trading at oversold extremes.
β–ͺ We look to Buy a break of 1.2855.
β–ͺ A higher correction is expected.

Confidence: ⭐⭐⭐
β›” Stop: 1.2825
🎯 Target 1: 1.2975
🎯 Target 2: 1.302
βŒ› Expires: 2024-11-13 06:00
Market Chart
447
FXPesa

11 Nov, 18:17

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0805

β–ͺ Continued downward momentum from 1.0825 resulted in the pair posting net daily losses yesterday.
β–ͺ Traded to the lowest level in 30 weeks.
β–ͺ We are trading at oversold extremes.
β–ͺ The selloff has posted a correction count on the intraday chart.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Immediate signals are hard to interpret.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐
β›” Stop: 1.084
🎯 Target 1: 1.0682
🎯 Target 2: 1.065
βŒ› Expires: 2024-11-13 06:00
Market Chart
573
FXPesa

11 Nov, 18:12

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 152.32

β–ͺ Continued upward momentum from 152.14 resulted in the pair posting net daily gains yesterday.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended gains with caution.
β–ͺ Trend line resistance is located at 155.03.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 152.32.

Confidence: ⭐⭐⭐
β›” Stop: 151.62
🎯 Target 1: 155.07
🎯 Target 2: 155.47
βŒ› Expires: 2024-11-13 06:00
Market Chart
536
FXPesa

11 Nov, 08:06

Live Analysis: US CPI & Retail Sales In Focus This Week: https://www.youtube.com/watch?v=BOgDNMCZCII
654
FXPesa

11 Nov, 07:26

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2705.5

β–ͺ The bearish engulfing candle on the daily chart is negative for sentiment.
β–ͺ The overnight rally has been sold into and there is scope for further bearish pressure going into this morning.
β–ͺ We look for a temporary move higher.
β–ͺ Short term bias has turned negative.
β–ͺ 50 4hour EMA is at 2710.

Confidence: ⭐⭐
β›” Stop: 2721.5
🎯 Target 1: 2660.5
🎯 Target 2: 2650.5
βŒ› Expires: 2024-11-12 06:00
Market Chart
643
FXPesa

11 Nov, 07:06

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2860

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ Price action looks to be forming a bottom.
β–ͺ Posted a Double Bottom formation.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 1.2860.

Confidence: ⭐⭐⭐
β›” Stop: 1.283
🎯 Target 1: 1.298
🎯 Target 2: 1.304
βŒ› Expires: 2024-11-12 06:00
Market Chart
628
FXPesa

10 Nov, 15:02

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0687

β–ͺ Inside Soldiers have been posted on the daily chart.
β–ͺ A Fibonacci confluence area is located at 1.0908.
β–ͺ Bespoke resistance is located at 1.0912.
β–ͺ Dip buying offers good risk/reward.
β–ͺ A break of bespoke resistance at 1.0829, and the move higher is already underway.

Confidence: ⭐⭐
β›” Stop: 1.0651
🎯 Target 1: 1.0829
🎯 Target 2: 1.0908
βŒ› Expires: 2024-11-12 06:00
Market Chart
819
FXPesa

10 Nov, 14:55

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 152.11

β–ͺ The rally was sold and the dip bought resulting in mild net losses yesterday.
β–ͺ Broken out of the wedge formation to the upside.
β–ͺ Bespoke support is located at 152.11.
β–ͺ There is scope for mild selling at the open but losses should be limited.
β–ͺ The medium term bias remains bearish.

Confidence: ⭐⭐⭐
β›” Stop: 151.51
🎯 Target 1: 153.37
🎯 Target 2: 155.07
βŒ› Expires: 2024-11-12 06:00
Market Chart
817
FXPesa

08 Nov, 07:13

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2705.5

β–ͺ The bearish engulfing candle on the daily chart is negative for sentiment.
β–ͺ The overnight rally has been sold into and there is scope for further bearish pressure going into this morning.
β–ͺ We look for a temporary move higher.
β–ͺ Short term bias has turned negative.
β–ͺ 20 4hour EMA is at 2700.

Confidence: ⭐⭐
β›” Stop: 2723.5
🎯 Target 1: 2660.5
🎯 Target 2: 2650.5
βŒ› Expires: 2024-11-08 21:00
Market Chart
1,206
FXPesa

08 Nov, 06:15

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.3035

β–ͺ The medium term bias remains bearish.
β–ͺ The rally is close to a correction count on the intraday chart.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.3035.

Confidence: ⭐⭐⭐
β›” Stop: 1.308
🎯 Target 1: 1.29
🎯 Target 2: 1.286
βŒ› Expires: 2024-11-08 21:00
Market Chart
1,145
FXPesa

07 Nov, 21:29

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0930

β–ͺ Posted mild net daily gains but all trading confined to the previous days range, an indecisive Inside Day.
β–ͺ A bullish reverse Head and Shoulders is forming.
β–ͺ Bespoke resistance is located at 1.0930.
β–ͺ The previous swing high is located at 1.0937.
β–ͺ Selling spikes offers good risk/reward.
β–ͺ The medium term bias remains bullish.

Confidence: ⭐⭐⭐
β›” Stop: 1.097
🎯 Target 1: 1.077
🎯 Target 2: 1.075
βŒ› Expires: 2024-11-09 06:00
Market Chart
938
FXPesa

07 Nov, 21:20

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 152.00

β–ͺ Posted mild net daily losses but all trading confined to the previous days range, an indecisive Inside Day.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended gains with caution.
β–ͺ Trend line resistance is located at 155.96.
β–ͺ Trend line support is located at 152.00.
β–ͺ Bespoke support is located at 152.00.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 151.2
🎯 Target 1: 155.07
🎯 Target 2: 155.96
βŒ› Expires: 2024-11-09 06:00
Market Chart
917
FXPesa

07 Nov, 08:22

Curious to know how the Q4 financial markets look like? Join us now. We are live: https://www.youtube.com/watch?v=N5Tlso4yZjo
1,136
FXPesa

06 Nov, 12:44

πŸ“ˆ [Closed - Loss] Gold - Bullish - We look to Buy at 2716.5

β–ͺ Daily signals are bullish.
β–ͺ The overnight dip was bought into and follow through upward pressure was noted.
β–ͺ Offers ample risk/reward to buy at the market.
β–ͺ 20 1day EMA is at 2716.
β–ͺ The primary trend remains bullish.

Confidence: ⭐⭐⭐
β›” Stop: 2700.5
🎯 Target 1: 2756.5
🎯 Target 2: 2766.5
βŒ› Expires: 2024-11-07 06:00
Market Chart
1,317
FXPesa

06 Nov, 09:15

Learn about the top mistakes new traders make and how to avoid them.
https://www.businessdailyafrica.com/bd/lifestyle/personal-finance/pitfalls-to-watch-out-for-as-a-newbie-forex-trader-4811794
1,402
FXPesa

06 Nov, 08:44

πŸ“ˆ [Live Trade] Gold - Bullish - We look to Buy at 2716.5

β–ͺ Daily signals are bullish.
β–ͺ The overnight dip was bought into and follow through upward pressure was noted.
β–ͺ Offers ample risk/reward to buy at the market.
β–ͺ 20 1day EMA is at 2716.
β–ͺ The primary trend remains bullish.

Confidence: ⭐⭐⭐
β›” Stop: 2700.5
🎯 Target 1: 2756.5
🎯 Target 2: 2766.5
βŒ› Expires: 2024-11-07 06:00
Market Chart
1,220
FXPesa

06 Nov, 07:25

Breaking: Potential Trump Win Boosts The Dollar

▢️ Donald Trump leads the race with 248 while Kamala Harris lags with 214 votes in a race to garner 270 votes which is the requirement to win the US presidential elections.

▢️ The Republican party gained two seats to win a majority of 51 senators versus Democrats' 42 seats.

▢️ The Republicans are also leading in the House of Representatives race with 190 seats versus Democrats' 166 seats in a race to garner 218 seats to command a majority.

▢️ Out of 50 states, Republicans won 27 gubernatorial seats while Democrats won 23.

▢️ The dollar index gained by 1.67% to 105 while US equity indices rallied. The Nasdaq gained by 1.62%, SP500 by 1.62%, and the Dow Jones by 1.62%.

▢️ As the votes continue being counted, it is likely that the dollar and US equity indices will continue strengthening.

Switch to FXPesa for fast execution, all-in-one seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
1,113
FXPesa

06 Nov, 07:17

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2716.5

β–ͺ Daily signals are bullish.
β–ͺ The overnight dip was bought into and follow through upward pressure was noted.
β–ͺ Offers ample risk/reward to buy at the market.
β–ͺ 20 1day EMA is at 2716.
β–ͺ The primary trend remains bullish.

Confidence: ⭐⭐⭐
β›” Stop: 2700.5
🎯 Target 1: 2756.5
🎯 Target 2: 2766.5
βŒ› Expires: 2024-11-07 06:00
Market Chart
942
FXPesa

06 Nov, 06:29

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2940

β–ͺ The medium term bias remains bearish.
β–ͺ The rally has posted a correction count on the daily chart.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2940.

Confidence: ⭐⭐⭐
β›” Stop: 1.297
🎯 Target 1: 1.285
🎯 Target 2: 1.282
βŒ› Expires: 2024-11-07 06:00
Market Chart
907
FXPesa

06 Nov, 06:23

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0854

β–ͺ Bespoke resistance is located at 1.0938.
β–ͺ Selling posted in Asia.
β–ͺ Broken out of the wedge to the downside.
β–ͺ The formation has a measured move target of 1.0834.
β–ͺ We are trading at oversold extremes.
β–ͺ Preferred trade is to sell into rallies.

Confidence: ⭐⭐⭐
β›” Stop: 1.0894
🎯 Target 1: 1.071
🎯 Target 2: 1.07
βŒ› Expires: 2024-11-07 06:00
Market Chart
940
FXPesa

06 Nov, 06:18

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 152.38

β–ͺ Broken out of the wedge formation to the upside.
β–ͺ The measured move target is 153.62.
β–ͺ A Fibonacci confluence area is located at 155.47.
β–ͺ Reverse trend line support comes in at 153.38.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐⭐⭐
β›” Stop: 151.38
🎯 Target 1: 155.07
🎯 Target 2: 155.47
βŒ› Expires: 2024-11-07 06:00
Market Chart
815
FXPesa

06 Nov, 04:41

πŸ“ˆ [Live Trade] GBPUSD - Bullish - We look to Buy at 1.2905

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ Price action looks to be forming a bottom.
β–ͺ Intraday signals are mildly bullish.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 1.2905.

Confidence: ⭐⭐⭐
β›” Stop: 1.2875
🎯 Target 1: 1.3025
🎯 Target 2: 1.307
βŒ› Expires: 2024-11-06 06:00
Market Chart
801
FXPesa

06 Nov, 02:34

πŸ“ˆ [Closed - Loss] EURUSD - Bullish - We look to Buy at 1.0860

β–ͺ Price action has formed a bearish ending wedge formation.
β–ͺ Trend line support is located at 1.0860.
β–ͺ Bespoke support is located at 1.0865.
β–ͺ Although the anticipated move lower is corrective, it does offer ample risk/reward today.
β–ͺ Bespoke resistance is located at 1.0940.

Confidence: ⭐
β›” Stop: 1.083
🎯 Target 1: 1.094
🎯 Target 2: 1.095
βŒ› Expires: 2024-11-06 06:00
Market Chart
767
FXPesa

06 Nov, 01:34

πŸ“ˆ [Live Trade] EURUSD - Bullish - We look to Buy at 1.0860

β–ͺ Price action has formed a bearish ending wedge formation.
β–ͺ Trend line support is located at 1.0860.
β–ͺ Bespoke support is located at 1.0865.
β–ͺ Although the anticipated move lower is corrective, it does offer ample risk/reward today.
β–ͺ Bespoke resistance is located at 1.0940.

Confidence: ⭐
β›” Stop: 1.083
🎯 Target 1: 1.094
🎯 Target 2: 1.095
βŒ› Expires: 2024-11-06 06:00
Market Chart
708
FXPesa

05 Nov, 18:38

πŸ“ˆ [Live Trade] USDJPY - Bullish - We look to Buy at 151.62

β–ͺ Majority of the initial daily losses being recaptured.
β–ͺ We have a Gap open at 153.00 from 01.11 to 03.11.
β–ͺ A Fibonacci confluence area is located at 155.47.
β–ͺ We look to set longs at our bespoke indicator levels (151.62).
β–ͺ The medium term bias remains bearish.

Confidence: ⭐⭐⭐
β›” Stop: 150.72
🎯 Target 1: 155.07
🎯 Target 2: 155.47
βŒ› Expires: 2024-11-06 06:00
Market Chart
850
FXPesa

05 Nov, 07:13

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2757.5

β–ͺ The bearish engulfing candle on the daily chart is negative for sentiment.
β–ͺ 2 negative daily performances in succession.
β–ͺ Momentum is stalling with the posting of new highs and indicates bearish divergence.
β–ͺ Bearish divergence is expected to cap gains.
β–ͺ We look for a temporary move higher.
β–ͺ 2758.5 has been pivotal.

Confidence: ⭐⭐
β›” Stop: 2773.5
🎯 Target 1: 2717.5
🎯 Target 2: 2707.5
βŒ› Expires: 2024-11-06 06:00
Market Chart
983
FXPesa

05 Nov, 06:53

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2905

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ Price action looks to be forming a bottom.
β–ͺ Intraday signals are mildly bullish.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 1.2905.

Confidence: ⭐⭐⭐
β›” Stop: 1.2875
🎯 Target 1: 1.3025
🎯 Target 2: 1.307
βŒ› Expires: 2024-11-06 06:00
Market Chart
899
FXPesa

05 Nov, 06:20

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0860

β–ͺ Price action has formed a bearish ending wedge formation.
β–ͺ Trend line support is located at 1.0860.
β–ͺ Bespoke support is located at 1.0865.
β–ͺ Although the anticipated move lower is corrective, it does offer ample risk/reward today.
β–ͺ Bespoke resistance is located at 1.0940.

Confidence: ⭐
β›” Stop: 1.083
🎯 Target 1: 1.094
🎯 Target 2: 1.095
βŒ› Expires: 2024-11-06 06:00
Market Chart
896
FXPesa

28 Oct, 09:32

Thank you to everyone who joined us for the trading masterclass in Nairobi.

Our next stop is Meru!

Three Steers Hotel, Meru

13:00 - 18:00, 08 Nov 2024.

Register now: https://www1.fxpesa.com/workshops/fxpesa-masterclass-tour-1/
601
FXPesa

28 Oct, 07:16

The US election isn't just about politicsβ€”it's a major market mover! Join our X Space as we explore:

πŸ“ˆ Election impact on currency pairs, stocks, and bonds

πŸ”„ Market reactions to a Republican vs. Democratic win

🎯Trading strategies for hedging during volatile times

Don’t miss out! πŸ””

πŸ”—https://twitter.com/i/spaces/1eaKbalpNpVxX
733
FXPesa

28 Oct, 07:15

Market Update: Brent Oil Drops 4.33% as Middle East Tensions Ease, Supply Concerns Recede

▢️ Brent Crude Oil fell 4.33% on Monday, following the weekend’s Israel strike on Iran, which spared Iran's oil infrastructure.

▢️ Investors had anticipated potential disruptions to Iran's oil supply, fueling previous price hikes. However, with no damage to Iran's facilities, supply fears have subsided.

▢️ Traders are now unwinding bullish bets made last week in anticipation of a larger crisis, contributing to today’s price dip.

▢️ Global supply remains steady, reducing the likelihood of further immediate price surges tied to this event.

▢️ Analysts note that Brent prices could stabilize in the near term if geopolitical tensions remain contained.

Switch to FXPesa for fast execution, seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
683
FXPesa

28 Oct, 07:05

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2726.3

β–ͺ Daily signals are bullish.
β–ͺ We are trading at overbought extremes.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ The bullish engulfing candle on the 4 hour chart the positive for sentiment.
β–ͺ A Morning Doji Star formation has been posted at the low.

Confidence: ⭐⭐⭐
β›” Stop: 2712.3
🎯 Target 1: 2761.3
🎯 Target 2: 2771.3
βŒ› Expires: 2024-10-29 06:00
Market Chart
656
FXPesa

28 Oct, 06:24

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0776

β–ͺ Selling pressure from 1.0840 resulted in all the initial daily gains being overturned.
β–ͺ The 261.8% Fibonacci extension is located at 1.0966 from 1.0761 to 1.0840.
β–ͺ Bespoke resistance is located at 1.0957.
β–ͺ There is scope for mild selling at the open but losses should be limited.
β–ͺ Further upside is expected and we look to set longs in early trade.

Confidence: ⭐
β›” Stop: 1.0741
🎯 Target 1: 1.0887
🎯 Target 2: 1.0957
βŒ› Expires: 2024-10-29 06:00
Market Chart
638
FXPesa

28 Oct, 06:19

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 152.20

β–ͺ Inside Soldiers have been posted on the daily chart.
β–ͺ We have a Gap open at 152.20 from 25.10 to 27.10.
β–ͺ A Fibonacci confluence area is located at 155.47.
β–ͺ Preferred trade is to buy on dips.
β–ͺ The medium term bias remains bullish.

Confidence: ⭐⭐⭐
β›” Stop: 151.2
🎯 Target 1: 155.07
🎯 Target 2: 155.47
βŒ› Expires: 2024-10-29 06:00
Market Chart
584
FXPesa

28 Oct, 05:38

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2920

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ Price action looks to be forming a bottom.
β–ͺ Bullish divergence is expected to support prices.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 1.2920.

Confidence: ⭐⭐⭐
β›” Stop: 1.2895
🎯 Target 1: 1.3
🎯 Target 2: 1.306
βŒ› Expires: 2024-10-29 06:00
Market Chart
653
FXPesa

25 Oct, 17:38

πŸ“ˆ [Live Trade] EURUSD - Bullish - We look to Buy at 1.0803

β–ͺ Continued upward momentum from 1.0761 resulted in the pair posting net daily gains yesterday.
β–ͺ A Fibonacci confluence area is located at 1.0878.
β–ͺ The rally has posted a correction count on the intraday chart.
β–ͺ There is scope for mild selling at the open but losses should be limited.
β–ͺ Bespoke support is located at 1.0803.

Confidence: ⭐⭐
β›” Stop: 1.078
🎯 Target 1: 1.0878
🎯 Target 2: 1.09
βŒ› Expires: 2024-10-25 20:00
Market Chart
981
FXPesa

25 Oct, 06:21

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2751.5

β–ͺ Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
β–ͺ The bearish engulfing candle on the 4 hour chart is negative for sentiment.
β–ͺ The trend of higher intraday lows has also been broken.
β–ͺ Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
β–ͺ We are trading at overbought extremes.
β–ͺ Bearish divergence is expected to cap gains.

Confidence: ⭐⭐⭐
β›” Stop: 2767.5
🎯 Target 1: 2711.5
🎯 Target 2: 2701.5
βŒ› Expires: 2024-10-25 20:00
Market Chart
1,170
FXPesa

25 Oct, 05:48

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0803

β–ͺ Continued upward momentum from 1.0761 resulted in the pair posting net daily gains yesterday.
β–ͺ A Fibonacci confluence area is located at 1.0878.
β–ͺ The rally has posted a correction count on the intraday chart.
β–ͺ There is scope for mild selling at the open but losses should be limited.
β–ͺ Bespoke support is located at 1.0803.

Confidence: ⭐⭐
β›” Stop: 1.078
🎯 Target 1: 1.0878
🎯 Target 2: 1.09
βŒ› Expires: 2024-10-25 20:00
Market Chart
992
FXPesa

25 Oct, 05:44

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 151.06

β–ͺ Broke the sequence of 3 positive daily performances.
β–ͺ Posted an inside candle on the daily chart highlighting indecision.
β–ͺ Selling posted in Asia.
β–ͺ The move lower is mixed and volatile, common in corrective sequences.
β–ͺ The selloff is close to a correction count on the intraday chart.
β–ͺ A Fibonacci confluence area is located at 155.07.

Confidence: ⭐⭐⭐
β›” Stop: 150.01
🎯 Target 1: 155.07
🎯 Target 2: 155.4
βŒ› Expires: 2024-10-25 20:00
Market Chart
917
FXPesa

25 Oct, 05:25

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.3000

β–ͺ The medium term bias remains bearish.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.3000.

Confidence: ⭐⭐⭐
β›” Stop: 1.3025
🎯 Target 1: 1.291
🎯 Target 2: 1.288
βŒ› Expires: 2024-10-25 20:00
Market Chart
800
FXPesa

24 Oct, 20:41

πŸ“ˆ [Closed - Profit] EURUSD - Bullish - We look to Buy at 1.0787

β–ͺ Trades at the lowest level in 79 days.
β–ͺ We are trading at oversold extremes.
β–ͺ Buying posted in Asia.
β–ͺ A Fibonacci confluence area is located at 1.0827.
β–ͺ Although the anticipated move higher is corrective, it does offer ample risk/reward today.
β–ͺ Further upside is expected and we look to set longs in early trade.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0767
🎯 Target 1: 1.0827
🎯 Target 2: 1.084
βŒ› Expires: 2024-10-25 05:00
Market Chart
842
FXPesa

24 Oct, 17:36

πŸ“ˆ [Live Trade] USDJPY - Bullish - We look to Buy at 151.75

β–ͺ Traded to the highest level in 59 days.
β–ͺ The rally has posted a correction count on the intraday chart.
β–ͺ Selling posted in Asia.
β–ͺ A Fibonacci confluence area is located at 155.47.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐
β›” Stop: 150.75
🎯 Target 1: 155.07
🎯 Target 2: 155.47
βŒ› Expires: 2024-10-25 05:00
Market Chart
923
FXPesa

24 Oct, 10:22

Top Things You Need To Know In The Markets This Thursday with
Rufas Kamau:
▢️Tesla set to open 10% higher after upbeat third quarter earnings of $0.72 earnings per share.

▢️European equity indices are bullish after mixed results from the S&P Global flash manufacturing and services PMIs. Germany had the best performance with manufacturing improving to 42.6 and services to 51.4.

▢️The US S&P Global flash manufacturing and services PMI is expected at 4:45 pm EAT. Analysts estimate that manufacturing improved to 47.5 while services expanded to 55.0. Levels above 50.0 are considered expansionary.

▢️Gold is up 0.84% today as it recovers from Wednesday's selloff. If the rally is sustained, gold could break into a new all-time high above $2,758.

Switch to FXPesa for fast execution, seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
1,143
FXPesa

24 Oct, 09:40

πŸ“‰ [Live Trade] GBPUSD - Bearish - We look to Sell at 1.2970

β–ͺ The medium term bias remains bearish.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2970.

Confidence: ⭐⭐⭐
β›” Stop: 1.2995
🎯 Target 1: 1.291
🎯 Target 2: 1.288
βŒ› Expires: 2024-10-25 05:00
Market Chart
943
FXPesa

24 Oct, 09:40

πŸ“‰ [Live Trade] GBPUSD - Bearish - We look to Sell at 1.2970

β–ͺ The medium term bias remains bearish.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2970.

Confidence: ⭐⭐⭐
β›” Stop: 1.2995
🎯 Target 1: 1.291
🎯 Target 2: 1.288
βŒ› Expires: 2024-10-25 05:00
Market Chart
840
FXPesa

24 Oct, 07:41

πŸ“ˆ [Live Trade] EURUSD - Bullish - We look to Buy at 1.0787

β–ͺ Trades at the lowest level in 79 days.
β–ͺ We are trading at oversold extremes.
β–ͺ Buying posted in Asia.
β–ͺ A Fibonacci confluence area is located at 1.0827.
β–ͺ Although the anticipated move higher is corrective, it does offer ample risk/reward today.
β–ͺ Further upside is expected and we look to set longs in early trade.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0767
🎯 Target 1: 1.0827
🎯 Target 2: 1.084
βŒ› Expires: 2024-10-25 05:00
Market Chart
850
FXPesa

24 Oct, 06:22

πŸ“‰ [Sell Limit] Gold - Bearish - We look to Sell at 2751.5

β–ͺ Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
β–ͺ The bearish engulfing candle on the 4 hour chart is negative for sentiment.
β–ͺ The trend of higher intraday lows has also been broken.
β–ͺ Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
β–ͺ We are trading at overbought extremes.
β–ͺ Bearish divergence is expected to cap gains.

Confidence: ⭐⭐⭐
β›” Stop: 2767.5
🎯 Target 1: 2711.5
🎯 Target 2: 2701.5
βŒ› Expires: 2024-10-25 05:00
Market Chart
932
FXPesa

24 Oct, 05:47

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2970

β–ͺ The medium term bias remains bearish.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2970.

Confidence: ⭐⭐⭐
β›” Stop: 1.2995
🎯 Target 1: 1.291
🎯 Target 2: 1.288
βŒ› Expires: 2024-10-25 05:00
Market Chart
853
FXPesa

24 Oct, 05:47

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.2970

β–ͺ The medium term bias remains bearish.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Risk/Reward would be poor to call a sell from current levels.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.2970.

Confidence: ⭐⭐⭐
β›” Stop: 1.2995
🎯 Target 1: 1.291
🎯 Target 2: 1.288
βŒ› Expires: 2024-10-25 05:00
Market Chart
660
FXPesa

24 Oct, 05:28

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0787

β–ͺ Trades at the lowest level in 79 days.
β–ͺ We are trading at oversold extremes.
β–ͺ Buying posted in Asia.
β–ͺ A Fibonacci confluence area is located at 1.0827.
β–ͺ Although the anticipated move higher is corrective, it does offer ample risk/reward today.
β–ͺ Further upside is expected and we look to set longs in early trade.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0767
🎯 Target 1: 1.0827
🎯 Target 2: 1.084
βŒ› Expires: 2024-10-25 05:00
Market Chart
670
FXPesa

24 Oct, 05:23

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 151.75

β–ͺ Traded to the highest level in 59 days.
β–ͺ The rally has posted a correction count on the intraday chart.
β–ͺ Selling posted in Asia.
β–ͺ A Fibonacci confluence area is located at 155.47.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐
β›” Stop: 150.75
🎯 Target 1: 155.07
🎯 Target 2: 155.47
βŒ› Expires: 2024-10-25 05:00
Market Chart
716
FXPesa

23 Oct, 06:28

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2744.5

β–ͺ Price action resulted in a new all-time high at 2753.
β–ͺ Daily signals for sentiment are at overbought extremes.
β–ͺ Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
β–ͺ 20 1hour EMA is at 2743.
β–ͺ There is no indication that the rally is coming to an end.

Confidence: ⭐⭐
β›” Stop: 2726.5
🎯 Target 1: 2789.5
🎯 Target 2: 2799.5
βŒ› Expires: 2024-10-24 05:00
Market Chart
984
FXPesa

23 Oct, 06:02

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.3040

β–ͺ The medium term bias remains bearish.
β–ͺ We look for a temporary move higher.
β–ͺ Bullish divergence is expected to support prices.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.3040.

Confidence: ⭐⭐⭐
β›” Stop: 1.3065
🎯 Target 1: 1.296
🎯 Target 2: 1.294
βŒ› Expires: 2024-10-24 05:00
Market Chart
881
FXPesa

23 Oct, 05:38

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0862

β–ͺ Selling pressure from 1.0838 resulted in all the initial daily gains being overturned.
β–ͺ Trades at the lowest level in 11 weeks.
β–ͺ Buying posted in Asia.
β–ͺ The sequence for trading is lower lows and highs.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ A move through bespoke resistance at 1.0862 and we look for extended gains.

Confidence: ⭐⭐
β›” Stop: 1.0897
🎯 Target 1: 1.0772
🎯 Target 2: 1.0732
βŒ› Expires: 2024-10-24 05:00
Market Chart
852
FXPesa

23 Oct, 05:34

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 151.26

β–ͺ Continued upward momentum from 149.09 resulted in the pair posting net daily gains yesterday.
β–ͺ Buying posted in Asia.
β–ͺ Traded to the highest level in 11 weeks.
β–ͺ A Fibonacci confluence area is located at 155.47.
β–ͺ 151.26 has been pivotal.

Confidence: ⭐
β›” Stop: 150.66
🎯 Target 1: 153.2
🎯 Target 2: 155.47
βŒ› Expires: 2024-10-24 05:00
Market Chart
874
FXPesa

18 Oct, 06:15

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2698.5

β–ͺ Price action resulted in a new all-time high at 2714.1.
β–ͺ We are trading at overbought extremes.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ We look to buy dips.
β–ͺ Risk/Reward would be poor to call a buy from current levels.
β–ͺ 20 1hour EMA is at 2698.

Confidence: ⭐⭐
β›” Stop: 2682.5
🎯 Target 1: 2738.5
🎯 Target 2: 2748.5
βŒ› Expires: 2024-10-18 20:00
Market Chart
799
FXPesa

18 Oct, 05:56

πŸ“‰ [Sell Limit] EURUSD - Bearish - We look to Sell at 1.0882

β–ͺ 4 negative daily performances in succession.
β–ͺ Selling posted in Asia.
β–ͺ The medium term bias is neutral.
β–ͺ 1.0882 has been pivotal.
β–ͺ The sequence for trading is lower lows and highs.

Confidence: ⭐⭐
β›” Stop: 1.0932
🎯 Target 1: 1.078
🎯 Target 2: 1.075
βŒ› Expires: 2024-10-18 20:00
Market Chart
736
FXPesa

18 Oct, 05:53

πŸ“ˆ [Buy Limit] USDJPY - Bullish - We look to Buy at 148.20

β–ͺ Traded to the highest level in 55 days.
β–ͺ Selling posted in Asia.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended gains with caution.
β–ͺ Bespoke support is located at 148.20.
β–ͺ The medium term bias remains bullish.
β–ͺ Preferred trade is to buy on dips.

Confidence: ⭐
β›” Stop: 147.6
🎯 Target 1: 150.5
🎯 Target 2: 151.82
βŒ› Expires: 2024-10-18 20:00
Market Chart
679
FXPesa

18 Oct, 05:27

πŸ“ˆ [Buy Limit] GBPUSD - Bullish - We look to Buy at 1.2995

β–ͺ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
β–ͺ Price action looks to be forming a bottom.
β–ͺ Bullish divergence is expected to support prices.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Bespoke support is located at 1.2995.

Confidence: ⭐⭐⭐
β›” Stop: 1.2965
🎯 Target 1: 1.3085
🎯 Target 2: 1.312
βŒ› Expires: 2024-10-18 20:00
Market Chart
722
FXPesa

17 Oct, 12:45

Breaking: The ECB cut interest rates by 25 basis points to 3.40%.

▢️The European Central Bank (ECB) has decided to cut its key interest rates by 25 basis points, for the third time this year, bringing the rate down to 3.4% from 3.65%.

▢️This comes after the annual inflation rate in the Eurozone fell to 1.8% in September 2024, the lowest since April 2021, down from 2.2% in August.

▢️The market seems to have already priced in the rate and now traders are focused on the ECB press conference that starts at 3:45 pm EAT.

Switch to FXPesa for fast execution, seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
820
FXPesa

17 Oct, 10:31

The US election isn't just about politicsβ€”it's a major market mover! Join our X Space as we explore:

πŸ“ˆ Election impact on currency pairs, stocks, and bonds

πŸ”„ Market reactions to a Republican vs. Democratic win

🎯Trading strategies for hedging during volatile times

Don’t miss out! πŸ””

πŸ”— https://twitter.com/i/spaces/1eaKbalpNpVxX
831
FXPesa

17 Oct, 06:28

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2676.2

β–ͺ Price action continues to trade around the all-time highs.
β–ͺ The primary trend remains bullish.
β–ͺ There is no clear indication that the upward move is coming to an end.
β–ͺ Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
β–ͺ 20 1 hour EMA is at 2676.

Confidence: ⭐⭐
β›” Stop: 2662.2
🎯 Target 1: 2711.2
🎯 Target 2: 2722.2
βŒ› Expires: 2024-10-18 05:00
Market Chart
873
FXPesa

17 Oct, 05:31

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.3060

β–ͺ The medium term bias remains bearish.
β–ͺ We look for a temporary move higher.
β–ͺ Bullish divergence is expected to support prices.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.3060.

Confidence: ⭐⭐⭐
β›” Stop: 1.3085
🎯 Target 1: 1.2985
🎯 Target 2: 1.295
βŒ› Expires: 2024-10-18 05:00
Market Chart
846
FXPesa

17 Oct, 05:08

πŸ“ˆ [Buy Stop] EURUSD - Bullish - We look to Buy a break of 1.0873

β–ͺ Traded to the lowest level in 10 weeks.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended losses with caution.
β–ͺ The formation has a measured move target of 1.1037.
β–ͺ Economic figures could adversley affect the short term technical picture.
β–ͺ A break of 1.0873 is needed to confirm follow through bullish momentum.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0828
🎯 Target 1: 1.1037
🎯 Target 2: 1.105
βŒ› Expires: 2024-10-18 05:00
Market Chart
780
FXPesa

17 Oct, 05:04

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 150.35

β–ͺ Posted Mixed Daily results for the last 8 days.
β–ͺ Price action has formed a bearish ending wedge formation.
β–ͺ Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
β–ͺ The formation has a measured move target of 147.35.
β–ͺ Selling spikes offers good risk/reward.

Confidence: ⭐⭐⭐⭐
β›” Stop: 151.15
🎯 Target 1: 147.35
🎯 Target 2: 147
βŒ› Expires: 2024-10-18 05:00
Market Chart
811
FXPesa

16 Oct, 08:09

Will USDJPY hit 150? DXY rises as US election fever heats up. We are live πŸ‘‡: https://www.youtube.com/watch?v=Fj3IWoYjsWg
997
FXPesa

16 Oct, 07:25

Nairobi! You are invited to our FREE Trading Masterclass.

Come see Rufas, Robert and Jared as they dive into risk management and trading techniques.

round pushpin Mwina Room, Sarit Expo Centre

calendar 13:00 - 18:00, 24th Oct 2024

Register now: https://www1.fxpesa.com/workshops/fxpesa-masterclass-tour-1/
974
FXPesa

16 Oct, 06:21

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2660.5

β–ͺ Our bespoke resistance of 2660 has been clearly broken.
β–ͺ Previous resistance at 2660 now becomes support.
β–ͺ Price action continues to trade around the all-time highs.
β–ͺ Preferred trade is to buy on dips.
β–ͺ Risk/Reward would be poor to call a buy from current levels.

Confidence: ⭐⭐
β›” Stop: 2646.5
🎯 Target 1: 2695.5
🎯 Target 2: 2705.5
βŒ› Expires: 2024-10-17 05:00
Market Chart
919
FXPesa

16 Oct, 05:54

πŸ“‰ [Sell Limit] GBPUSD - Bearish - We look to Sell at 1.3110

β–ͺ The medium term bias remains bearish.
β–ͺ We look for a temporary move higher.
β–ͺ Bullish divergence is expected to support prices.
β–ͺ Preferred trade is to sell into rallies.
β–ͺ Bespoke resistance is located at 1.3110.

Confidence: ⭐⭐⭐
β›” Stop: 1.314
🎯 Target 1: 1.299
🎯 Target 2: 1.297
βŒ› Expires: 2024-10-17 05:00
Market Chart
866
FXPesa

16 Oct, 05:38

πŸ“ˆ [Buy Limit] EURUSD - Bullish - We look to Buy at 1.0875

β–ͺ Trades at the lowest level in 48 days.
β–ͺ Bespoke support is located at 1.0875.
β–ͺ We have a 78.6% Fibonacci pullback level of 1.0870 from 1.0778 to 1.1202.
β–ͺ Selling posted in Asia.
β–ͺ Dip buying offers good risk/reward.
β–ͺ The medium term bias is neutral.

Confidence: ⭐⭐⭐⭐
β›” Stop: 1.0825
🎯 Target 1: 1.1037
🎯 Target 2: 1.105
βŒ› Expires: 2024-10-17 05:00
Market Chart
810
FXPesa

16 Oct, 05:36

πŸ“‰ [Sell Limit] USDJPY - Bearish - We look to Sell at 149.70

β–ͺ Posted Mixed Daily results for the last 7 days.
β–ͺ Due to an Ending Wedge formation, we continue to treat extended gains with caution.
β–ͺ Bespoke resistance is located at 149.70.
β–ͺ The formation has a measured move target of 147.35.
β–ͺ We look to set shorts at our bespoke indicator level (149.70).

Confidence: ⭐⭐⭐⭐
β›” Stop: 150.4
🎯 Target 1: 147.35
🎯 Target 2: 147
βŒ› Expires: 2024-10-17 05:00
Market Chart
866
FXPesa

15 Oct, 12:24

Market Update: Canadian Inflation Report Expected at 3:30 pm EAT.

▢️ Canada's annual inflation rate is expected to have slowed to 1.8% in September, down from 2.0% in August.

▢️ Following the drop in inflation the Bank of Canada cut rates three consecutive times from 5% to 4.25%.

▢️ A further drop in inflation could pressure the Bank of Canada to continue cutting rates and is expected to weaken the CAD further.

▢️ The 5% drop in crude oil prices earlier today is expected to further weaken the Canadian dollar if the inflation report indicates further cooling of inflation.

Switch to FXPesa for fast execution, seamless trading on FXPesa's Equiti Trader App, and competitive spreads.
973
FXPesa

15 Oct, 08:10

Canada CPI Insights: USDCAD and CADJPY Analysis. We are live: https://youtube.com/live/bgVPb4HhhfA?feature=share
1,125
FXPesa

15 Oct, 07:42

The majority of you chose Risk Management. Great selection! Register now to not miss out on this session.

πŸ”—https://www1.fxpesa.com/workshops/fxpesa-masterclass-tour-1/
990
FXPesa

15 Oct, 06:23

πŸ“ˆ [Buy Limit] Gold - Bullish - We look to Buy at 2639.5

β–ͺ Previous support located at 2640.
β–ͺ The primary trend remains bullish.
β–ͺ We look to buy dips.
β–ͺ Offers ample risk/reward to buy at the market.
β–ͺ The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.

Confidence: ⭐⭐
β›” Stop: 2625.5
🎯 Target 1: 2674.5
🎯 Target 2: 2684.5
βŒ› Expires: 2024-10-16 05:00
Market Chart
996

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