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

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.

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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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