DXY Possible ideaDXY has been bullish for quite some time now. From what we can see, it has been breaking highs with momentum. It has recently retraced back just above an unmitigated demand zone, where lots of liquidity is currently hovering above. It could use this liquidity to fuel its move to the upside after it mitigates this demand area, breaking the latest weak high that awaits a liquidity run.
1-BUY
doge buy midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Gold Is Nearing An Important SupportHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2885 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2885 support and resistance area.
Trade safe, Joe.
GOLD Is Very Bullish! Long!
Here is our detailed technical review for GOLD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 2,902.777.
Considering the today's price action, probabilities will be high to see a movement to 2,977.804.
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.
Like and subscribe and comment my ideas if you enjoy them!
LONG ON CAD/JPY- Falling Channel at major support/demand are with a breakout (Bullish reversal pattern)
- Price Failing to break lows creating triple bottom/support area. (bullish)
- Jpy index has a head and shoulder pattern and is falling. (bullish for xxx/jpy pairs)
I will be buying CAD/JPY expecting price to rise for the rest of the week.
xausd key areas to watch with detailed analysisHere's an analysis of XAU/USD at 2,861 as of February 10, 2025, incorporating technical and fundamental insights from the search results:
Current Context
Gold (XAU/USD) is trading near 2,861, a critical juncture given recent market dynamics. This level aligns with forecasts and technical patterns discussed in the search results, offering insights into potential bullish or bearish scenarios.
Key Technical Levels
Immediate Support:
2,861: Coincides with the lower bound of February 2025’s forecasted range (2,861.25–2,991.30). A hold here could signal bullish resilience.
2,746–2,695: Deeper support zones if a correction occurs, based on Fibonacci retracement levels and trendline analysis .
Resistance Levels:
2,868–2,900: The next psychological and technical hurdles, with 2,868.56 (R2) noted as a swing high target .
2,991–3,000: Upper bound of February’s projected range and a key breakout target .
Long-Term Trend:
Gold remains in an ascending channel (up ~27% since 2024), supported by geopolitical uncertainty and central bank demand .
The 100 SMA is above the 200 SMA on the 4-hour chart, indicating underlying bullish momentum .
Bullish Scenario
Triggers:
Fed Policy & Inflation: Continued dovish signals from the Fed (e.g., rate cuts) and persistent inflation could drive gold higher .
Geopolitical Risks: Escalating tensions (e.g., Middle East conflicts, U.S.-China trade policies) may boost safe-haven demand .
ETF Inflows: Positive gold ETF flows, as seen in late 2024, could reignite upward momentum 3.
Technical Outlook:
A bounce from 2,861 could target 2,900–2,991, aligning with February’s forecast .
A break above 2,991 opens the path to 3,000+, with institutions like JPMorgan forecasting $3,150 by year-end .
Bearish Risks
Triggers:
USD Strength: A stronger dollar (e.g., from robust U.S. data or hawkish Fed rhetoric) may pressure gold .
Profit-Taking: Overbought signals (RSI at 57) and resistance at 2,868 could trigger short-term pullbacks .
Reduced Safe-Haven Demand: Easing geopolitical tensions or risk-on sentiment might reduce gold’s appeal .
Technical Outlook:
A breakdown below 2,861 could test 2,746–2,695 (Fibonacci and trendline support) .
Sustained selling might invalidate the uptrend, risking a drop toward 2,625 (critical 100-day SMA).
Macro Drivers to Watch
U.S. Economic Data: Non-Farm Payrolls (NFP), CPI, and Fed rate decisions will influence USD and gold .
Geopolitical Events: Developments in Ukraine, Middle East, and U.S. trade policies under Trump .
Central Bank Activity: Continued gold purchases by central banks (e.g., China, India) may stabilize prices
Short-Term Forecast
Base Case: Consolidation near 2,861–2,900 as markets digest recent gains and await catalysts.
Upside Bias: Favored if gold holds above 2,861, targeting 2,991–3,000 .
Downside Risk: A close below 2,861 could trigger profit-taking toward 2,746
Conclusion
At 2,861, XAU/USD is at a pivotal level. While the broader trend remains bullish (supported by inflation, geopolitics, and central bank demand), short-term volatility from USD fluctuations and technical resistance could dominate. Traders should monitor 2,861 as a key support and watch for breaks above 2,900 or below 2,746 to confirm directional bias.
support and resistance for short term:
Resistance:
2872
2885
2894
2900
2911
2920
these resistance points can be used as bullish targets
Support:
2855
2851
2841
2833
2830
2819
2800
2782
these support points can act as bearish targets
LIKE BOOST AND SHARE US SUPPORT US
USDJPY Will Go Up! Long!
Please, check our technical outlook for USDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 152.244.
Taking into consideration the structure & trend analysis, I believe that the market will reach 155.085 level soon.
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.
Like and subscribe and comment my ideas if you enjoy them!
EURGBP Will Move Higher! Buy!
Here is our detailed technical review for EURGBP.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.832.
Considering the today's price action, probabilities will be high to see a movement to 0.840.
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.
Like and subscribe and comment my ideas if you enjoy them!
AUD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
Previous week’s red candle means that for us the AUD/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 98.666.
✅LIKE AND COMMENT MY IDEAS✅
NZD/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
NZD/JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 89.129 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/JPY pair.
✅LIKE AND COMMENT MY IDEAS✅
ROSE in Key Accumulation Zone: Reversal on the HorizonLSE:ROSE is trading within a key Accumulation Zone around $0.04, overlapping with a strong demand area that has historically triggered price recoveries.
> $0.035–$0.045 remains a critical demand zone, attracting buyers.
> A bounce from this zone could target resistance levels of $0.07–$0.08.
> RSI is near oversold conditions, hinting at weakening selling pressure.
If ROSE holds above this support, a bullish reversal is likely. A breakdown below could lead to further downside.
DYOR, NFA
bnb buy midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
BUY EURUSDIn this coming week, we anticipate the weekly low to form on Monday, setting up a bullish move. Entry at 1.03270, targeting 1.04485 and 1.05701, with a stop loss at 1.02579. CPI and PPI data this week could drive volatility, but the current structure supports further upside.
Use proper risk management.
Best of luck to you all.
theta midterm buy "🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
ETHUSD Is Going Up! Long!
Here is our detailed technical review for ETHUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 2,621.94.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 3,230.06 level.
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.
Like and subscribe and comment my ideas if you enjoy them!
EURCAD Will Grow! Buy!
Take a look at our analysis for EURCAD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.476.
The above observations make me that the market will inevitably achieve 1.480 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.
Like and subscribe and comment my ideas if you enjoy them!
USOIL BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are going long on the USOIL with the target of 75.15 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.
✅LIKE AND COMMENT MY IDEAS✅
CHF/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
CHF/JPY is making a bearish pullback on the 9H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 169.146 level.
✅LIKE AND COMMENT MY IDEAS✅
WRB RotationTesting a few technical indicators during a cyclical rotation here:
- Volume Profile
-- 50 day lookback "Quarterly PoC" | Price is at PoC
-- 100 day lookback "Power PoC" | Price is at PoC
-- PoC Price | Blue = Long
- 200 Day Moving Average
- provides baseline for Long/Short basis | Price > MA = Longs
- Volatility Radar
-- highlighted background indicates:
--- compressed volatility | Entry Allowed
--- trend intensity is showing a "weakening" bearish trend | Mixed on Direction
- 50 Day Moving Average
-- used as the ultimate exit after price goes above it
Good Luck!