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[Week 36 - 2021] Trades Recap and Trade Setups

Updated: Apr 4, 2023

Hey Traders,


Big miss on last weeks Non-Farm Payroll! The dollar struggles to keep up while stock indices are holding on. Prices are increasing throughout different sectors (inflation), however the economy is not strong enough, putting the FEDs in a difficult position.


Upcoming Economic Release:

Weekly Economic Calendar for Week 36
Credit: ForexFactory.com Time: +8GMT

Dollar Index (DXY)

Dollar trades at key support level

The dollar struggled throughout the week and reached back to the 92.0 support region.



Spot Gold (XAU/USD)

Gold trades at key resistance level

Meanwhile, gold continues its rally, with market pricing in anticipation that tapering will not happen anytime soon.



Trade Recap


XAU/USD (Analysis 33-1)

XAUUSD Analysis

Recap (Week 34 - 2 Weeks Ago) Take Profit - 2

XAUUSD reached Take Profit (2) level

Recap (Week 35 - Last Week) Take Profit - 3

XAUUSD reached Take Profit (3) level

Long position reached Take Profit - 3 level where we announced to close / partial / risk free.



EUR/USD (Exclusive Trade)

EURUSD Analysis

Recap (Week 34 - 2 Weeks Ago) Take Profit - 1

EURUSD reached Take Profit (1) level

Recap (Week 35 - Last Week) Take Profit - 4

EURUSD reached Take Profit (4) level

Long at market position reached Take Profit - 4 level where we announced to close fully.



Copper Futures (Exclusive Trade)

Copper Futures Analysis

Recap (Week 35 - Last Week) Take Profit - 1

Copper Futures reached Take Profit (1) level

Long at market position reached Take Profit - 1 level where we announced to close / partial / risk free.



CAD/JPY (Analysis 35-2)

CADJPY Analysis

Recap (Week 35 - Last Week) Take Profit - 2

CADJPY reached Take Profit (2) level

Long position reached Take Profit - 2 level where we announced to close / partial.



Trade Setup / Analysis


USD/CAD (Analysis 36-1)

USDCAD Analysis

Long opportunity: Break and retest confirmation at 1.25385 region towards 1.25890.

Short opportunity: Break and retest confirmation at 1.24975 region towards 1.24345.



AUD/JPY (Analysis 36-2)

AUDJPY Analysis

Long opportunity: Break and retest confirmation at 81.52 region towards 82.80.



Sugar No.11 Futures (Analysis 36-3)

Sugar #11 Futures Analysis

Long opportunity: Break and retest confirmation at 20.3 region towards 21.0.

Short opportunity: Break and retest confirmation at 19.5 region towards 18.88.



 

Cheers to all our member who managed to pack some profits this trading week.


Join our telegram channel at: https://t.me/traineetraders


Stay safe out there and safe trading!

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