XAU/USD (Gold) Trendline Breakout (21.02.2025)The XAU/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 2904
2nd Support – 2880
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DXY
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
The EUR/USD pair is moving within an ascending channel and is currently testing the bottom of the channel. After some consolidation in this support zone, the price is expected to move toward the top of the channel.
What’s your outlook? Will EUR/USD move toward the channel’s top?
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DXY will go first to 95 and then 86.Hi, another dollar index DXY chart today.
You can make many predictions about how the world will be in the future, I have all just cycles + structures and charts.
At this point, that opinion may not be in line with those policy statements by world leaders. But we're not here to discuss politics.
Best regards EXCAVO
DOLLAR INDEX (DXY): One More Bearish Movement
Dollar Index keeps updating the lows on a daily.
With a strong bearish movement, the price violated a key horizontal support yesterday.
Probabilities are high that the market will continue falling.
Next support - 106.15
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EUR/USD Market Analysis – Bearish Reversal from Key ResistanceThe EUR/USD pair has formed a bearish Bat harmonic pattern , completing near the 0.886 Fibonacci retracement level. Price action has reacted strongly at this resistance, indicating a potential reversal. The first target (T1) is around 1.0394 , while the second target (T2) is near 1.0325 , aligning with key Fibonacci levels. If the resistance holds, a bearish move towards these targets is likely. However, a sustained break above the high may invalidate the bearish setup. Traders should monitor price action closely for confirmation.
DXY Week of 23 Feb 25: BullishFollowing the previous post, 24 Feb 25 may be the start of the bullish rally for DXY.
Possible Wyckoff Re-accumulation pattern
Falling Wedge hints bullish reversal
Liquidity Zone established
Plan to Long DXY and target for recent high, and stop loss at recent low. About 2.45 Reward:Risk Ratio
Dollar Index at Risk: Key Support Holds the Fate of the TrendThe U.S. Dollar Index (DXY) has broken down from a Head & Shoulders pattern, confirming a bearish reversal after a successful retest of the neckline. The price is currently near a key support area, and if it fails to hold, a drop toward the lower strong support zone is likely.
Additionally, RSI is showing bearish divergence and is below the neutral 50 level, indicating weakening momentum.
DYOR, NFA
Dollar idex is ready to drop next week are you ready ?This week, the market was slow with little movement. However, starting next week, keep an eye on the dollar. The order flow is showing a strong sell, and the daily chart reveals an FVG that indicates a sell from this level. Additionally, the current low aligns with the monthly FVG level. Trading next week should be exciting!
DOLLAR INDEX (DXY) – NEXT WEEK’S TRADE PERSPECTIVEDOLLAR INDEX (DXY) – NEXT WEEK’S TRADE PERSPECTIVE
Heading into next week, keep an eye on the upper zone around 108 and the 106 area. The DXY could make a short-term bounce toward 108, then continue its primary downtrend, aiming for 106.
Looking further down, starting around March, DXY is likely to trade below the 103 handle, indicating extended downside pressure.
AUD/USD Triangle Breakout (19.2.25)The AUD/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 0.6391
2nd Resistance – 0.6404
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Gold NEW ATH to $2,954?! (1H UPDATE)Gold on the 4H TF is within its final Wave 5 bullish move, there’s no arguing with that. The only thing to debate is how high can Wave 5 push up before reversing?
While it’s possible that Wave 5 has now peaked at $2,942 & ready for a major correction, on the 1H TF I see a small possibly of it creating a new ATH toward $2,954. HIGH RISK TRADE.
Confluences👇🏻
⭕️Distribution Schematic Taking Place Between Wave 3 High, Wave 4 Low & Wave 5 High.
⭕️Wave E Rejected From Psychological Number Of $2,940 (LQ Trap).
⭕️No Strong Sell Off Yet To Indicate A Reversal Has Started.
DXY – Key Level Broken, More Downside Ahead?Hello Folks , Long time no see .
The US Dollar Index (DXY) just broke below 106.5, and things are getting interesting. The trend has been weakening, and price is now sitting at a crucial zone.
📌 Here’s what I’m watching:
107.66 is the big resistance. If price can reclaim it, bulls might have a chance.
105.48 & 104.46 are the next major support levels.
👀 My Take:
If we stay below 106.5, I expect more downside towards 105.4 and maybe 103.3. If price bounces and reclaims 107, I’ll reconsider.
What’s your view? More downside or a bounce coming? Drop your thoughts below! 🚀🔥
🚨 Disclaimer:
Just sharing ideas here—this isn’t a trade advice . Everyone sees the market differently, and the goal is to improve our analysis, not tell anyone what to do. At the end of the day, your trades are your call, your responsibility. Trade smart! 🚀📊
Daily DXY The US Dollar Index (DXY) is currently indicating the likely direction after closing below 106.965. I anticipate a move back to the 107.200-250 range before continuing its bearish swing. Several confluences support this, including the reversal point, an ascending trendline, a descending trendline, a rejection candlestick, the daily 0.382 Fibonacci level, the 4-hour 0.5 Fibonacci level, and a 4-hour order block. My target for the DXY is 106.083. As for gold, it has reached a new all-time high of 2954.944. I expect a pullback before it heads higher, potentially towards the 3000 level.
4hr DXY Chart
1hr DXY Chart
30m Gold Chart
DXY Is Very Bearish! Short!
Here is our detailed technical review for DXY.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 106.963.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 106.002 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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Short swing trade set up developingI can see a good short trade opportunity developing.
1)The price sharply dropped below the major support/resistance zone around 107 area and retraced up gently within the ascending parallel channel to fill the fair value gap.
2)The current 4H candle is moving below the bottom parallel channel. (developing)
3) MACD is in the bear zone and it looks like it is about to cross to the downside (but not confirmed).
4) RSI is also in the bear zone and it is starting to cross to the downside.
GOLD Set to make new Highs before the week ClosesI was looking for a bigger pullback but we didnt get it. The way price is moving and based on the FOMC news I think the pull back is over and price is ready to continue bullish. We just came into the killzone and things look like they are lining up. Trailing stop along the way.
EUR/USD Wedge Breakout (17.2.25)The EUR/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 1.0413
2nd Support – 1.0375
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