1-BUY
LONG ON GOLDGold has fell almost $100 or 1000 pips since Monday from its high.
Its currently at a major demand level that was created 2/7/25 that caused it to rise $100 points to 2/24//25.
History from 2/7/25 looks like it will be repeating itself.
Dollar (DXY) looks bearish and PCE news comes out at 8:30 for Inflation which I believe will come out bad causing the dollar to tank and gold as well as the indices to rise.
I will be buying gold looking to catch that $100 move or 1000pips.
See you at the Top! OANDA:XAUUSD
USDJPY Will Go Higher From Support! Long!
Take a look at our analysis for USDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 149.879.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 153.459 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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MARA Holdings Options Ahead of Earnings If you haven`t bought the dip on MARA:
Now analyzing the options chain and the chart patterns of MARA Holdings prior to the earnings report this week,
I would consider purchasing the 13usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $2.37.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Latest EURUSD update todayHello everyone, great to see you again in today’s discussion on EUR/USD.
Currently, EUR/USD has extended its decline, trading below 1.0400, under pressure from recent market developments. The US dollar has regained strength following hawkish statements from the Federal Reserve, reinforcing expectations that interest rates will remain high. Additionally, concerns about Europe’s economic stability and weaker-than-expected economic data have put further pressure on the euro.
Looking at the technical setup, the pair has broken below the ascending trendline, confirming a bearish breakout. The bears are gaining control, as there are no signs of a bottom forming yet. If a retracement occurs, EUR/USD is expected to retest resistance around the 0.5 - 0.618 Fibonacci zone, which aligns with the confluence of EMA 34, 89, and a key resistance area, increasing the likelihood of further downside pressure.
📉 The preferred strategy in this scenario remains selling, at least in the short term.
🎯 Target levels: 1.033 and 1.028, with a further target at 1.023.
What do you think about EUR/USD?
Note: This is just a trade idea, so make sure to set Take Profit (TP) and Stop Loss (SL) properly when trading.
Happy trading, everyone! Wishing you all great profits!
RKLB Rocket Lab USA Options Ahead of EarningsIf you haven`t bought RKLB before the previous earnings:
Now analyzing the options chain and the chart patterns of RKLB Rocket Lab USA prior to the earnings report this week,
I would consider purchasing the 21.5usd strike price Calls with
an expiration date of 2025-3-7,
for a premium of approximately $1.62.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
How Will GBP/USD Move at the End of the Trading Session?Hello everyone! Let’s take a look at how GBP/USD might move as we approach the final trading session of the week.
As expected, GBP/USD declined yesterday, extending its losses below 1.2580 in today’s session, with no signs of a bullish correction yet. Uncertainty surrounding tariff policies from U.S. President Donald Trump has weakened the British pound against the U.S. dollar, making GBP/USD look even more bearish.
Technical Outlook: GBP/USD is targeting lower levels, with the trend channel under pressure. The pair has dropped to the EMA 34 and 89 levels, reinforcing the probability of further downside momentum. If buyers continue to lose ground to the bears, 1.2460 will be the next major support level to defend.
USOIL Will Grow! Buy!
Here is our detailed technical review for USOIL.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 69.17.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 75.12 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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XAUUSD Short-Term Downtrend in FocusHello traders, let’s analyze today’s gold price action and strategize for this precious metal!
Currently, gold is trading around the $2,880 level in the early hours of the final session of the week, marking its lowest point in over two weeks. The metal remains under pressure due to the recovery of the US dollar, with the USD Index (DXY) rising by 0.7%, making gold more expensive for investors holding other currencies.
From a technical perspective, gold is likely to extend its short-term downtrend, as long as the parallel descending channel remains intact and defended by the bears. Additionally, the reversal signals from the EMA 34 and 89 are influencing short-term traders’ sentiment, encouraging continued selling pressure.
🔎 Long-Term Outlook: The market's focus is now on the US Personal Consumption Expenditures (PCE) Index, set to be released later today. If the USD maintains its strength, gold may require more consolidation before regaining momentum. The key support level to watch remains the lower boundary of the price channel.
What are your thoughts on gold’s next move? Let’s discuss!
GOLD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GOLD is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 2,947.627.
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GBP/USD – Potential Pullback or Breakout?Hello traders! Today, let's analyze the GBP/USD 4H chart and see how this pair is moving.
Currently, GBP/USD remains in a steady uptrend within a well-defined parallel channel. The pair is trading around 1.2670, staying above EMA 34 and 89, indicating that buyers are still in control. However, an important factor to watch is that GBP/USD is approaching the upper resistance of the channel, which could lead to a short-term pullback before resuming its upward momentum.
If the price tests the channel’s upper boundary and shows signs of rejection, we could expect a corrective move toward the 1.2570 support zone. This would be a key area to watch for potential buying interest. If buyers successfully defend this level, it could offer a great buying opportunity to ride the trend higher.
On the flip side, if GBP/USD breaks and closes above the resistance zone, it could signal a strong breakout, opening the door for a move toward new highs.
📌 Trading Strategy Ideas:
🔹 Short-term Sell: Look for a rejection at resistance with bearish signals.
🔹 Trend-Following Buy: Consider buying if price pulls back to key support and shows bullish momentum.
Do you agree with this analysis? Drop your thoughts in the comments below!
EURCAD Is Bullish! Buy!
Here is our detailed technical review for EURCAD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.501.
The above observations make me that the market will inevitably achieve 1.509 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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BITCOIN LONG FROM SUPPORT
Hello, Friends!
We are going long on the BITCOIN with the target of 92,210 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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USD/JPY Extends Its Bearish JourneyHello, traders! What are your thoughts on USD/JPY?
The pair continues its prolonged bearish trajectory, currently hovering around 149.411. The weakness and instability of the US dollar have failed to provide support, making USD/JPY even more lackluster compared to its currency counterparts.
From a technical perspective, the bearish momentum has intensified as the previous ascending channel was broken by sellers. A deeper decline is expected, with key downside targets outlined in my analysis.
What about you? Are you anticipating further declines in USD/JPY? Let me know your thoughts!
GBPUSD Will Go Up From Support! Buy!
Please, check our technical outlook for GBPUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.267.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.272 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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NVDA NVIDIA Corporation Options Ahead of EarningsIf you haven`t bought NVDA before the previous earnings:
Now analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week,
I would consider purchasing the 150usd strike price Calls with
an expiration date of 2025-9-19,
for a premium of approximately $13.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
S&P500 Is Nearing The Daily TrendHey Traders. in today's trading session we are monitoring US500 for a buying opportunity around 5850 zone, S&P500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5850 support and resistance area.
Trade safe, Joe.
DXY Is Going Up! Long!
Please, check our technical outlook for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 106.184.
Considering the today's price action, probabilities will be high to see a movement to 107.245.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GBPUSD: Buy or Sell ? GBP/USD erased its previous session's gains and remained under pressure below 1.2650 during Wednesday's trading session. The renewed demand for the US dollar, driven by rising US Treasury yields and the House of Representatives passing the Republican Budget Plan, weakened the pair, preventing it from making a new breakout. It is expected to continue moving sideways within the range of 1.261 - 1.268.
Gold Market Analysis & Trading Strategy for TodayHello traders! Let’s analyze gold’s price movement and build a strategy for today.
OANDA:XAUUSD is experiencing a slight pullback, currently trading at $2,910 in the early trading hours. The precious metal remains stable within a descending parallel channel on the 1-hour chart, indicating short-term bearish momentum.
This correction aligns with declines in stocks and Bitcoin, reflecting broader risk-off sentiment in the market. However, unlike other assets, gold has found support at lower levels, suggesting that buyers are stepping in to stabilize the market.
While gold is retracing, it remains relatively stable compared to other assets. If buyers continue defending key levels (trendline boundaries), we could see a short-term recovery attempt.
Additionally, investors are awaiting the release of the U.S. Personal Consumption Expenditures (PCE) report, the Fed’s preferred inflation gauge, which is set to be published on Friday. This data could have a significant impact on gold’s direction.