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GOLD The ADP Non-Farm Employment Change and ISM Services PMI might affect the DXY (US Dollar Index) and Gold trade directional bias today: 1. ADP Non-Farm Employment Change (2:15 PM) Forecast: 141,000 jobs Previous: 183,000 jobs Impact on DXY: Stronger-than-expected data: Could strengthen the DXY as it suggests a robust labor market, potentially leading to tighter monetary policy by the Federal Reserve. Weaker-than-expected data: Might weaken the DXY if it indicates a slowdown in job creation, potentially leading to looser monetary policy expectations. Impact on Gold: Stronger-than-expected data: Could put downward pressure on gold prices as a strong labor market might lead to increased risk appetite and expectations of higher interest rates. Weaker-than-expected data: Might boost gold prices as investors seek safe-haven assets in response to economic uncertainty. 2. ISM Services PMI (4:00 PM) Forecast: 52.5 Previous: 52.8 Impact on DXY: Above-forecast data: Could support the DXY by indicating a healthy services sector, which is a significant part of the U.S. economy. Below-forecast data: Might weaken the DXY if it suggests a slowdown in the services sector, potentially impacting economic growth. Impact on Gold: Above-forecast data: Could reduce demand for gold as a strong services sector might boost risk appetite and reduce the need for safe-haven assets. Below-forecast data: Might increase demand for gold as investors become cautious about economic growth. Overall Trade Directional Bias: DXY: A strong ADP report combined with a robust ISM Services PMI could support the DXY, while weaker-than-expected data in both could lead to a decline. Gold: Conversely, weaker-than-expected data in both reports could boost gold prices as investors seek safe-haven assets, while strong data might reduce demand for gold. Trading Strategy: Buy DXY/Short Gold: If both reports are stronger than expected. Sell DXY/Long Gold: If both reports are weaker than expected. Neutral or Wait: If the reports are mixed or align closely with forecasts, as market reactions might be muted. CHART REPORT ; buyers broke out of ascending bullish trendline and failed to create a new high above 2920,a sustain move above 2920 will open 2947 as the next supply roof, as more pressure persist we could see 2957-2966 as final supply roof.the price movement is trapped between 2920 and 2900 awaiting clear directional bias from economic data print(ADP AND ISM) from the floor 2880-2885 is a good discount for buyers to resume buying and below 2880-2885 is 2870-2867 for buy. the market need buy liquidity to upswing, stay alert
CITYINDEX:XAUUSDLong
by Shavyfxhub
[USDCHF] Bearish Momentum Ahead! (Read captions for more).📉 USDCHF Price Forecast – Bearish Momentum Ahead! 🚀 USDCHF has broken down the uptrend channel and retested the breakdown zone, confirming a bearish structure. The pair has also broken below the 200EMA and is repeatedly taking resistance at this level, signaling strong seller dominance. 🔍 Key Technical Insights: ✅ Uptrend Channel Breakdown – Trend reversal signal. ✅ Bearish Order Block at 0.9040 – Strong resistance zone. ✅ 200EMA Breakdown & Retest – Bearish continuation confirmed. ✅ Supply Area & Order Block at 0.8900 – Major selling pressure. 📊 Technical Target Levels: 🎯 1st Target: 0.8800 🎯 2nd Target: 0.8710 🎯 Final Target: 0.8620 📢 Final Thoughts: USDCHF is currently in a strong selling zone with a confirmed bearish order block and repeated EMA resistance rejections. A sustained move lower could push the pair towards deeper support levels. 🔔 Like, Comment & Follow for more expert analysis! 🚀 (This analysis is for learning purposes only, not financial advice.)
Short
by TrendLogic1
XAU/USD Technical Analysisgold prices are consolidating within a range of $2,900 to $2,932 per ounce, maintaining support above the critical psychological level of $2,900. This consolidation phase suggests a potential buildup for a directional move. Technical Analysis: On the H1 timeframe, immediate support is identified at $2,911 per ounce & 2902-2900. Sustaining above this level could embolden buyers to challenge the next resistance zone around $2,928-2932 per ounce. A successful breach of this resistance may pave the way toward the $2,942 per ounce mark.
FX_IDC:XAUUSD
by thtinh
Emergency Crypto UpdateAs we are gearing to go into thursday, bitcoin is looking ripe for higher prices as chop continues. We know most moves during nyse open on fridays/ mondays are traps, so we will analyze price and time on friday; above is a cheat sheet for the coming weekly micro cycle. I apologize for not posting as our v6 pvsra vol detector caught every move. I cant update here and trade at the same time, at least not for free. Regardless of what happens the breakout level is 106k and closest support is either 1% below 77k or 63k so hold your hats if we dip. alts seem to be dead with no coming back barring a miracle, sorry for my bad call on that early winter. 106k is weekly top bollinger; daily is at 100; unless i have it flipped.
Long
by creengrack
Potential bullish rise?NZD/JPY has bounced off the support level which is a pullback support and could rise from this level to ur take profit. Entry: 84.77 Why we like it: There is a pullback support level. Stop loss: 83.82 Why we like it: There is a pullback support level. Take profit: 86.35 Why we like it: There is a pullback resistance level that is slightly above the 78.6% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
gold is ranging between 2900-2930what we witness from gold on 5th of march was trap sellers and buyers with 3 fakeouts. 1. fakeout buy after broke 2 resistance 2. fakeout sell after broke 2 support 3. fakeout buy again to 2929 pullback into the zone of the openeing candle of the day. so this is my game plan for today. as long as gold do not break resistance and support i am going to buy at support and sell at resistance. until we can see true breakout and pullback to either support becomes resistance or resistance becomes support. my TP will in the middle of the range and sl 1:2 ratio. be mindful we are very close to the area of the bearish weekly engulfing candle area 2937-39. a strong rejection either here or near ATH is expected to happen.
OANDA:XAUUSD
by HANTRADING
EUR/USD (Euro/US Dollar) daily timeframe with a bullish outlook.EUR/USD (Euro/US Dollar) daily timeframe with a bullish outlook. Chart Analysis: • The price is currently around 1.0467, showing signs of breaking above a key resistance zone (highlighted in red). • A bullish scenario is illustrated, where the price is expected to retest the breakout zone and then continue upward. • Key resistance levels are marked at 1.0680, 1.0791, and 1.0925, which could act as potential targets for a bullish move. • The overall structure suggests a possible trend reversal after a downtrend, with a move towards higher levels. Let me know if you need a deeper breakdown or specific details!
by Artiverma256
US30 (Dow Jones Industrial Average) on the 1-hour timeframe,US30 (Dow Jones Industrial Average) on the 1-hour timeframe with a potential bullish setup. Chart Analysis: • The price is currently around 43,415, trading within a support zone (highlighted in red). • A bullish scenario is suggested, where price is expected to bounce from support and move towards the next resistance level (marked with a blue arrow). • Key resistance levels are around 43,871, which could be the first target if the price starts moving up. • Price previously rejected a lower support area, indicating potential buying interest at this level. • The overall expectation appears to be a breakout above consolidation and a continuation towards higher levels. Would you like a deeper breakdown or specific trade idea?
BLACKBULL:US30
by Artiverma256
BTC/USDT 1H: Bullish Structure Emerging – Next Stop $95KBTC/USDT 1H: Bullish Structure Emerging – Next Stop $95K? 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates! Current Market Structure (Confidence 8/10): Price: $89,849, showing bullish momentum emerging from equilibrium zone. Hidden bullish divergence confirmed between price action and selling volume. Market Makers (MMs) accumulated heavily at GETTEX:87K support, now targeting the premium zone. Clean break above POI (Point of Interest) at $88.5K signals further upside potential. Trade Recommendation: Entry: Current price ($89.8K) or pullback to $88.7K. Targets: T1: $91.2K T2: $93.5K T3: $95K Stop Loss: $87.2K (below equilibrium zone). Risk Score: 8/10 – Favorable R:R setup with a clear invalidation level. Market Maker Activity: Accumulation phase complete at the GETTEX:87K zone. Currently engineering moves toward the premium zone ($94-95K). Likely targeting shorts above GETTEX:92K before continuation. Smart Money Insight: Institutional accumulation is evident, showing strong buying pressure. Structure suggests another leg up, but traders should monitor premium zone resistance near $94-95K. 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Long
by Cryptokijker
Bitcoin Holds Strong Above 200MA – Is the Next Rally Incoming?Bitcoin has successfully defended the $84K-$86K support zone, with the CME gap now fully closed. On the daily timeframe, BTC remains above the 200MA, signaling strong bullish momentum. With macroeconomic factors aligning in favor of crypto, this could be the start of another leg higher. Technical Analysis: • Support Zone: $84K - $86K held firm, preventing further downside. • CME Gap Closure: The retracement completed the necessary gap-fill, eliminating inefficiencies. • Trend Reversal Signal: BTC has reclaimed the 200MA on the daily chart, reinforcing bullish sentiment. • Breakout Watch: Price is approaching a descending trendline, a breakout above could trigger a strong move toward the $110K target. Fundamental Analysis: • Bitcoin ETF Impact: Institutional demand continues to grow with ETF adoption. • Macroeconomic Tailwinds: The Fed’s expected slowdown in rate hikes is a net positive for risk assets like BTC. • Geopolitical Factors: Increased demand for BTC as a hedge against economic instability and inflation. • Regulatory Developments: A more constructive approach from regulators supports long-term adoption. With bullish momentum building, Bitcoin is at a key inflection point. Will it break out and push towards new highs? Stay tuned and trade wisely! Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Long
by AR33_
Why ATR Stops Work (And When They Don’t)Ask ten traders where to place a stop-loss, and you’ll get ten different answers. Some swear by fixed-point stops, others use percentage-based levels, and then there are those who simply ‘feel’ where the market might turn. But traders looking for a more structured approach often turn to the Average True Range (ATR) —a volatility-based indicator that adapts to market conditions. ATR stops can be a great tool for trade management, but they’re not perfect. Let’s break down when they work—and when they don’t. Why Use ATR for Stop-Loss Placement? ATR measures the average volatility of a market over a set period, usually 14 days. Instead of setting a static stop-loss, traders use a multiple of the ATR to position their exit level. The logic is simple: a more volatile market needs a wider stop, while a quiet market can afford a tighter one. For example, if the ATR on GBP/USD is 50 pips and you’re using a 2x ATR stop, your stop-loss would be 100 pips away from your entry. In contrast, if volatility drops and ATR shrinks to 30 pips, your stop would adjust to 60 pips. This approach helps traders avoid getting stopped out by normal market noise while still maintaining a structured risk framework. EUR/USD Daily Candle Chart Past performance is not a reliable indicator of future results When ATR Stops Work Well Adapting to Market Conditions Markets aren’t static. Volatility expands and contracts, and ATR-based stops naturally adjust to these shifts. This makes them particularly useful in trending conditions, where price swings can widen over time. Avoiding Arbitrary Stop Placement Instead of guessing where a stop ‘feels right,’ ATR provides an objective framework based on real price movement. This helps remove emotional bias from trade management. Reducing the Impact of Spikes and Noise Many traders place stops just below recent lows or above recent highs—prime hunting grounds for liquidity grabs. ATR stops, positioned at a calculated distance, can help avoid these shakeouts. When ATR Stops Can Fail You Low Volatility = Tight Stops = Premature Exits ATR stops rely on recent price action. In quiet markets, ATR contracts, leading to tighter stop placement. This can be problematic when volatility suddenly picks up, as small price swings can take traders out of otherwise good trades. Doesn’t Consider Market Structure ATR is purely mathematical—it doesn’t care about support, resistance, or key technical levels. Traders who use ATR stops in isolation may find themselves stopped out just before price respects a critical level. Choppy Markets Can Whipsaw ATR Stops In sideways, erratic markets, ATR stops can lead to unnecessary exits. If a market is ranging tightly and ATR is small, stops may be placed too close to entry, leading to multiple stop-outs in quick succession. One Rule That Can’t Be Broken: Never Widen Your Stop One of the biggest mistakes traders make—whether using ATR stops or any other method—is moving a stop-loss further away once it’s placed. This usually happens when a trade starts going against them, and instead of accepting the loss, they ‘give it more room to breathe.’ The problem? This completely undermines risk management. A stop-loss should be a pre-determined level that, if hit, signals the trade idea was wrong. Widening it turns a small, manageable loss into a much bigger one—sometimes even wiping out weeks of gains. If a trade isn’t working and your stop is at risk of being hit, accept it, take the loss, and move on. Adjusting stops should only ever mean tightening them to lock in profits—not loosening them to avoid taking a hit. How to Improve ATR-Based Stops ATR stops work best when combined with other trade management techniques: Use ATR in Conjunction with Market Structure Rather than blindly placing a stop at 2x ATR, check if your stop aligns with key support or resistance levels. If ATR suggests a stop that sits just below a major level, consider widening it slightly to avoid getting shaken out. Adjust for Volatility Cycles If ATR is unusually low due to a period of calm, consider using a longer lookback period (e.g., 21-day ATR) to get a broader view of market volatility. Pair ATR with a Trailing Stop Strategy ATR-based trailing stops allow traders to lock in profits as a trend develops while still giving the trade room to breathe. Instead of setting a fixed stop, you can trail a stop at 1.5x ATR below the most recent high in an uptrend. Final Thoughts ATR stops provide a structured, volatility-adjusted approach to risk management, helping traders avoid common pitfalls like placing stops too tight in high-volatility markets or too wide in quiet conditions. But like any tool, they’re not foolproof. Used in isolation, ATR can lead to premature exits or misplaced stops. The best approach? Use ATR as a guideline, not a hard rule. Combine it with market structure, trend analysis, and an understanding of volatility cycles to refine your stop placement. After all, trading is about staying in the game long enough to capitalise on the big moves—without getting chopped up in the noise. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. 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Education
by Capitalcom