Get started

Buy-sell

USD/JPY Breaks ResistanceToday, USD/JPY is holding steady around 145.00, and when I look at the daily chart, I see that the pair has broken the neckline at 144.50, which is a clear sign that the uptrend is gradually returning. This opens up the prospect of stronger growth in the near future. According to my analysis, as long as USD/JPY holds above 144.70 (with important support at 144.50), we can expect the bullish momentum to continue. My immediate profit target is 147.00, and given the current situation, the possibility of reaching this level in the short term is very positive.
Long
by ConanTradingFX
EUR/USD: Upside momentum becomes attractive!During the European session on Thursday, EUR/USD traded more steadily near 1.1150, supported by a fresh sell-off in the US dollar. Risk sentiment is weighing on the safe-haven greenback as all eyes turn to upcoming key speeches from ECB President Lagarde and Fed Chairman Powell. Looking ahead, I expect EUR/USD to remain bullish as long as the price remains above the key 34-EMA. The first resistance I target is the 2024 high at 1.1214 (September 25), followed by the 2023 high at 1.1275 (July 18). Wish you all, profitable trading!
Long
by ConanTradingFX
Gold prices continue to hold high amid profit-taking pressureHello everyone, let’s join in analyzing today’s gold prices! XAUUSD is continuing its strong uptrend, currently trading around $2,659. In the short term, the bullish momentum is clear, with the trendline, EMAs, and other technical factors all supporting buyers despite previous pressure. However, with the profit-taking resistance still intact at $2,670, buyers may significantly weaken, especially with today’s scheduled news, which could cause major volatility. Traders might consider selling if the price forms a double top around $2,670, with a target of $2,625. SELL GOLD: 2670 - 2672 STOPLOSS: 2675 TP: 2640 , 2625 Wishing you all successful trades and great profits!
OANDA:XAUUSDShort
by ConanTradingFX
GBP/USD continues uptrend from 1.330Conan says hello to everyone! Today, we are seeing the GBP/USD pair struggling around 1.3400 in the European session on Wednesday, as it reversed from a 30-month high of 1.3430. It seems that many traders are taking profits from long positions in the British Pound, putting pressure on the pair, despite the weakening US Dollar and the market still in a risk-on trend, according to Fedspeak experts. Furthermore, from the chart analysis, the uptrend is still working very well with the price increasing continuously and there is no sign of a significant drop that will put the currency in a precarious situation. The current price is retracing to test the 0.618 FIbonacci level at 1.330. After that, at this point, we can expect the price to recover, aiming higher in the near term.
Long
by ConanTradingFX
Will Gold Break Resistance at $2,670?Hello everyone, Today, the price of gold (XAUUSD) continues to hold steady around the highs, with the resistance level of $2,670 on the 4-hour chart still intact. Currently, gold is hovering around $2,653, down slightly by 0.14% on the day. On the technical chart, it is worth noting that the resistance at $2,670 may be under pressure from profit-taking after yesterday's action. The RSI is trending down, although the price is still supported by the 34 and 89 EMAs, with a dynamic support level around $2,610. The rising DOW also suggests that the price of gold will continue to rise without any significant reversal signs. Based on the Fibonacci level, if the rally continues, the next recovery level could be $2,625 (0.618). New take profit level to watch: 2743 Support level to watch: 2625, 2611 What do you think about this assessment?
OANDA:XAUUSDLong
by ConanTradingFX
EU: Bearish head and shoulders pattern forming!Hello all traders. Conan here! Today, the EU is on track to continue its correction, falling below 1.1000 as the Euro uptrend quickly evaporated earlier. Currently, the EU is hovering around 1.111 and has not been too volatile recently. Technically, there is a harmonic candlestick pattern that has formed, if the resistance zone is held by the Bears, it will accelerate into a strong downtrend to continue selling and heading for lower lows. The next important support zone will be the low seen on September 12, 2024, at 1.0550. Good luck trading to all of you.
Short
by ConanTradingFX
1
Gold is waiting for something to correct?Hello everyone, What do you think about gold prices? Currently, gold prices today continue to show strength as gold is trading around $2629. It is clear that the metal is still showing strength based on the breakout last week. The reason for the increase in the metal is that the looser-than-expected monetary policy of economists and the forecast of further cuts boosted the demand for gold, a hedge against risk. However, the US 10-year government bond yield increased, making the gold market more cautious. At that time, a clearer view of the direction of gold will become clear. Today we have some important milestones: XAUUSD sell zone 2650 - 2652 XAUUSD buy zone 2629 - 2627
OANDA:XAUUSDShort
by ConanTradingFX
Latest GBP Update Today: Price Continues to Rise StronglyConan, hello everyone! Currently, we are continuing to see a steady rise in GBP, having reached 1.3317 and the bullish momentum is expected to continue soon. On the price chart, an ascending trend line has formed along with the support of the 34 and 89 EMAs, indicating the potential for GBP to continue rising without any significant reversals. The immediate resistance to watch is at 1.3325, with the upper resistance of the price channel at 1.3400.
Long
by ConanTradingFX
1
Gold prices continue uptrend from $2600Conan, hello everyone! Today, gold prices continue to show strength, maintaining an UPtrend with an important resistance level at $2636, but have not been able to break it yet. Currently, gold is trading around $2629, up slightly by 0.03% on the day. In the coming time, this uptrend is likely to continue, supported by the Fed's decision to cut interest rates and geopolitical uncertainty. Technically, $2602 is forming as an important support in the uptrend channel. After consolidating here, we can expect gold prices to reach the first profit-taking target at $2690, corresponding to the Fibonacci level of 1.618. Stay tuned to capture these potential trading opportunities!
OANDA:XAUUSDLong
by ConanTradingFX
XAUUSDConan, hello everyone! Gold (XAU/USD) maintained its bullish momentum and traded at a fresh record high above $2,610 on Friday. Rising expectations that global central banks will follow the Fed in easing policy and cutting interest rates have boosted XAU/USD. However, a close look at the short-term chart shows that the yellow metal is struggling to capitalize on the immediate support at $2,618 to break above the resistance at $2,625 ahead of the weekend. Both the short-term and medium-term outlooks suggest that the bears are gradually gaining strength. The Relative Strength Index (RSI) is trending down in the bullish zone, indicating a potential momentum shift and a resumption of the correction. Current support is at $2618, if this level is broken the price will drop rapidly towards the targets to watch at $2610 and $2605.
OANDA:XAUUSDShort
by ConanTradingFX
EU extends uptrendConan is happy to see you all again. Currently, there are signs that the EURUSD market is bullish, with the level trading around 1.1160. Looking at our 4-hour chart, we can see that the EU has broken through the downtrend line and started to rise from 1.1068. If the price holds 1.1175, the next forecast is likely to be a drop to around 1.1130 in line with the correction and test of the 34.89 EMA. At this point, the EU will receive strong support, which will help the currency reverse and increase in value to new highs. Good luck to all of you and successful trading!
Long
by ConanTradingFX
1
Should I buy or sell EUR/USD today?Hello everyone! Today, let's follow the latest developments of the EUR/USD pair! Currently, EUR/USD is still maintaining an upward trend, holding below 1.1078. Despite a slight correction on Monday from 1.1200, there is nothing to worry about. Because in the short to medium term, the market sentiment remains very optimistic amid a weakening US dollar around the signals of expected 4 rate cuts this year, thereby supporting the currency pair. On the other hand, if EUR/USD finds support around 1.1068, I believe it will continue its upward momentum and may break the target level of 1.1200, paving the way for a journey to conquer new highs. That's my opinion! Do you agree? Share your thoughts!
Long
by ConanTradingFX
USDJPY Bullish Outlook?Conan, hello everyone! After a long period of decline, USDJPY has ended the trading day with a gain, currently trading at 143.85. It can be seen on almost all timeframes that UJ is making significant gains, indicating a very positive outlook for price growth. With UJ continuing to trade steadily at this high level, it is likely that the 142.80 price level will be retested in the near future, forming a trend line and using it as a strong support level for further increases. The current expected price level is 144.00 and then 147.00.
Long
by ConanTradingFX
XAUUSD H4 Analysis - Details with Market LevelsPair Name = Gold Timeframe = H4 Analysis = technical + fundamentals Trend = Bullish Details :- Please see the Above chart To see The Gold Next Moves. We are currently in new Price Ranges. But we are also using our previous analysis and data to Follow the exact Path. Currently We Can see between two strong support and Resistance levels. As we can see at chart 2590 Gold Price level and 2615 Gold Price level. EMA 5 is indicating the trend of the market. EMA Cross over can range between 2590 to 2593. This kind market allow us to buy the dip and cash another next trend move. Strongest retesting zone exists between the price level 2580 to 2585 price level. EMA 5 Crossing levels:- 2590 To 2593 Retracement Zone:- 2580 To 2585 Bullish Gold Levels:- 2615 2638 Bearish Gold Levels:- 2580 2564 2556 2545 Stay tune we Will update again when market will give up another good direction move. With Different different time frame we check the market to get the Accuracte analysis according market next move.Happy trading.
OANDA:XAUUSDLong
by Alpha-GoldFX
Gold prices trade near historic highsGold prices hovered near the all-time high reached earlier this week amid a weaker USD and expectations of further Fed rate cuts. Moreover, concerns about economic slowdown in the US and China further supported the safe-haven asset XAU/USD. On the technical chart, XAU/USD is on track to retest recent highs and even extend gains, despite the positive market sentiment, as investors shed the USD. In addition, technical indicators have extended their advances into positive levels, albeit with limited upside strength as the XAU/USD pair develops below its recent highs. Given the current situation, do you expect a long-term bullish wave?
OANDA:XAUUSDLong
by BB_TradingFX