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XAG/USD - Wedge Breakout (Weekly Forecast Feb 24-28)The XAG/USD Pair on the H4 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 – 31.25 2nd Support – 30.67 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
OANDA:XAGUSDShort
by KABHI_TA_TRADING
11
Potential bullish rise?US Dollar Index (DXY) has reacted off the pivot which has been identified as an overlap resistance and could rise to the 1st resistance that lines up with the 50% Fibonacci retracement. Pivot: 107.09 1st Support: 106.64 1st Resistance: 108.04 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYLong
by ICmarkets
2
EUR/USD Bullish Reversal Setup – Key Support at 1.0330-1.0367Overview: The EUR/USD 8-hour chart presents a bullish reversal scenario, with price retracing after breaking an ascending channel. The market is approaching a critical Fibonacci retracement zone (1.0367 - 1.0330), which aligns with a strong support level. A bullish rebound from this area could push price towards the supply zone near 1.0700. Key Technical Analysis: Rising Wedge Breakdown: Price recently broke below the ascending wedge, signaling a short-term bearish move. Fibonacci Retracement: The 0.5 (1.0367) and 0.618 (1.0330) levels act as potential reversal zones. Support Zone: The market is approaching a demand area where buyers are likely to step in. Reversal Expectation: A bullish bounce from the Fibonacci zone could lead to a strong move back toward the previous resistance area (1.0700 - 1.0750). Trade Plan: 📌 Entry: Look for a long position near 1.0367 - 1.0330 after bullish confirmation. 🎯 Target 1: 1.0500 (Short-term resistance). 🎯 Target 2: 1.0650 (Intermediate target). 🎯 Target 3: 1.0700 - 1.0750 (Major resistance). 🛑 Stop Loss: Below 1.0300 to minimize risk. Conclusion: EUR/USD is testing a crucial Fibonacci support zone, and if buyers step in, a strong rally toward 1.0700 is likely. Traders should watch for bullish confirmations before entering long positions. 📈 Bullish Bias – Watch for a Reversal from Key Support! 🚀
Long
by NexusTradesZone
USD/JPY Bearish Reversal Key Resistance & Fibonacci Target ZonesOverview: This USD/JPY daily chart shows a potential bearish reversal setup after a break below key support and trendline structure. The pair has recently dropped below a critical demand zone (highlighted in green), which has now turned into resistance. The price is currently attempting a pullback, and a potential rejection from the resistance zone aligns with Fibonacci retracement levels, indicating a continuation of the downtrend. Key Levels & Technical Analysis: Previous Support Turned Resistance: The green zone represents a significant past support area that has now become resistance after a breakdown. Trendline Break: The upward trendline that supported price action for several months has been broken, confirming bearish momentum. Fibonacci Retracement Levels: 0.382 (151.265): A minor resistance level for a possible short-term rejection. 0.5 (148.979): A stronger resistance, aligning with structure. 0.618 - 0.786 (145.053 - 143.582): The ultimate bearish targets, coinciding with Fibonacci retracement extensions. Bearish Projection: The expected scenario suggests a short-term retracement towards the 151.265-148.979 resistance zone. If the price faces rejection, a strong bearish continuation could target 145.053 and ultimately 143.582. Trade Plan: 📌 Short Entry: Around 151.265 - 148.979 if price rejects resistance. 🎯 Target 1: 145.053 (0.70 Fibonacci) 🎯 Target 2: 143.582 (0.786 Fibonacci) 🛑 Stop Loss: Above 152.000 to invalidate the bearish setup. Conclusion: The overall sentiment for USD/JPY is bearish after breaking a key trendline and support level. Traders should watch for a pullback into the resistance zone, followed by a bearish rejection for a potential short trade. However, a break above 152.000 could invalidate this setup, shifting momentum back to the bulls. 📉 Bearish Bias Until Key Resistance Holds! 📉
Short
by NexusTradesZone
EUR/USD - H1- Chart - Ascending Triangle (27.02.2025) The EUR/USD Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle 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 – 1.0433 2nd Support – 1.0405 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
38
DXY Holds Above 106, Currency Markets at Risk?The US Dollar Index (DXY) remains firm above the 106-mark, applying pressure on the latest currency market rebound amid escalating tariff and trade war concerns. With the first wave of tariffs on Canada and Mexico set to take effect in early March, Trump's renewed tariff threats against the EU are further strengthening the Dollar's stance. This has kept the EURUSD capped below 1.0530 and GBPUSD struggling at 1.27. Friday’s key inflation reports—including the German Prelim CPI and US Core PCE—are expected to introduce additional volatility risks. 🔻 Downside Scenario: A break below 106, aligning with June 2024 highs, could expose the next support at 1.0520, coinciding with the upper boundary of the declining channel connecting lower highs from October 2023 to June 2024. Further declines could see DXY testing 104 and 102.20, aligning with the 50% and 61.8% Fibonacci retracement levels. 🔺 Upside Scenario: A solid close above 107.30 could reignite bullish momentum, pushing DXY towards the 2025 high of 110, potentially derailing the currency market’s 2025 rebound. - Razan Hilal, CMT
TVC:DXY
by FOREXcom
1
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. Like and subscribe and comment my ideas if you enjoy them!
CAPITALCOM:DXYLong
by SignalProvider
1
XAUUSD - Worries about the US economy!?Gold is below the EMA200 and EMA50 on the 30-minute timeframe and is in its descending channel. An upward correction of gold towards the supply limits will provide us with the next selling position with a good risk-reward ratio. An economist believes that the massive influx of gold and silver into the United States, coupled with speculation about the liquidity of the country’s gold reserves, could have profound effects on American consumers as well as the domestic and global economy. Thorsten Pollitt, professor emeritus of economics at the University of Bayreuth and publisher of the BOOM & BUST report, told Kitco News that the increase in physical gold and silver inflows into the US is not surprising, as banks are increasing their reserves to counter potential risks associated with tariffs. He stressed that while the likelihood of tariffs on gold and silver is low, the risk is significant enough for banks and investors to take a precautionary approach. Looking at the long-term implications of this, Pollitt explained that the increase in US gold and silver reserves, coupled with the government’s renewed focus on its reserves, could lead to expectations that both precious metals would be used as currency alongside the US dollar. He added that using gold and silver as hard currency alongside the dollar could help reduce the problem of inflation, which has become a major challenge for the economy. However, he stressed that for such a scenario to happen, the price of gold and silver would have to reach a much higher level to be commensurate with the size of the US economy. (Hard currency refers to a form of currency that is globally accepted and retains its value due to its stability and reliability.) Pollitt went on to explain that the significant increase in US government debt has put not only the Federal Reserve, but the entire fiat-based monetary system at risk. “In the future, the Federal Reserve will no longer be able to maintain the same flexibility that it has in the past,” he said. For example, in times of financial crises, the Fed would usually support the economy by injecting liquidity into it. But now, doing so could trigger a wave of hyperinflation. We now know that the Fed can no longer simply be the savior of the economy as it used to be.” He also warned that the Fed’s policies have led to the market not pricing in risks properly. For example, yields on risky corporate bonds are significantly below their historical average. Currently, the yield spread between B-rated corporate bonds and U.S. Treasury bonds is 1.45 percent, its lowest level since mid-1979. Warren Buffett, one of the most influential figures in the investment world, has made his concerns clear. In his annual letter to shareholders, the 94-year-old has a stark message for policymakers in Washington: financial turmoil and monetary instability pose a serious threat to the U.S. economy. The warning comes as his conglomerate Berkshire Hathaway has delivered a record-breaking profit and a record $334.2 billion in cash. But Buffett is treading carefully as investment opportunities appear to be shrinking and is preparing to hand over the reins to his appointed successor, Greg Abel. In the letter, Buffett expressed concern about the growing U.S. budget deficit and warned of a possible extension of tax cuts that began under Trump. He emphasizes that “irresponsible fiscal policies can destroy the value of paper money” and emphasizes the importance of sound public financial management. According to him, the stability of the US economy depends on a strong dollar, and any mistake in monetary policy can have irreparable consequences. With the rapidly growing budget deficit and increasing discussions about extending the Trump-era tax cuts, Buffett warns that the value of the dollar may weaken. He calls on Washington policymakers to maintain a stable economic framework and support the vulnerable: “Support people who have been unfortunate in life through no fault of their own. They deserve a better life.” Warren Buffett reminds us of one of the fundamental principles of investing: “In times of uncertainty, caution and responsible management are more important than ever.” His warning about the growth of the US public debt and the depreciation of the dollar may come true if current trends continue. Moreover, his focus on investing in Japan and preparing for his successor is a key step for the future of Berkshire Hathaway, a company that must find its way without him in a world of increasing economic instability.
FOREXCOM:XAUUSDShort
by Ali_PSND
GBPUSD - Dollar’s ​​eye on the Fed?!The GBPUSD pair is above the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. In case of a downward correction, the pair can be bought within the specified demand range. The Federal Reserve of the United States has embarked on a process that could have profound implications for the global economy: a reassessment of the framework used to determine interest rates. These rates influence borrowing costs and prices not only in the U.S. but also across much of the world.To implement this reform effectively, the Federal Reserve must first identify the core issue. During the January meeting of the Federal Open Market Committee, central bank policymakers emphasized that the new framework must be “resilient to a wide range of conditions.” This marks a step in the right direction, given that the current framework, established in 2020, proved inadequate in responding to the economic disruptions caused by the COVID-19 pandemic. The 2020 framework was introduced at a time when inflation consistently remained below the Fed’s 2% target. To compensate for this shortfall, policymakers committed to allowing inflation to run above target. Specifically, the Fed pledged to keep short-term interest rates near zero until three conditions were met: • The economy achieved maximum sustainable employment, • Inflation reached 2%, • Inflation was expected to remain above 2% for some time. Additionally, interest rate hikes could not begin until the central bank had concluded its asset purchase program, known as quantitative easing (QE)—a process that itself depended on substantial progress toward meeting the three stated conditions. As a result, the Federal Reserve was significantly delayed in responding to a strong economy, a tight labor market, and accelerating inflation. When rate hikes finally began in March 2022, real GDP growth remained robust, unemployment was below the level deemed sustainable by policymakers, and the Fed’s preferred inflation gauge had already exceeded 5%. Despite these clear signals, debates persist about whether the Fed’s policy framework was to blame. Some argue that the central bank merely made a forecasting error, later compensating with aggressive monetary tightening. Fed Chair Jerome Powell has echoed this view, calling the framework “useless.” However, had the Federal Reserve disregarded this framework and instead adhered to traditional policy rules, it likely would have started raising short-term rates about a year earlier. Another argument is that the inflation surge, which was observed globally, was beyond the Fed’s control. However, in the U.S., surging demand for goods—bolstered by a massive fiscal stimulus—played a significant role in driving up global prices. Additionally, while many other countries faced dramatic increases in energy prices, this factor played a relatively minor role in the U.S. inflation spike. A third perspective holds that the Biden administration’s $1.9 trillion stimulus package was excessively large. While this undoubtedly contributed to economic overheating, it was still the Fed’s responsibility to account for its effects and respond with tighter monetary policy. Identifying these missteps is crucial. Otherwise, how can we be confident that the Federal Reserve won’t repeat them? Credibility is essential; without it, policymakers will struggle to influence financial markets and the broader economy effectively. To restore confidence, the Fed must address the shortcomings of the 2020 framework. It should abandon policies that kept interest rates artificially low for too long and adopt a more cautious approach to quantitative easing (QE) and quantitative tightening (QT). Finally, it should reconsider whether interbank interest rates remain the best policy tool or if focusing on the interest rate banks pay on reserves would be more effective.
Long
by Ali_PSND
WTI - Will Oil Return to the Uptrend?!WTI oil is below the EMA200 and EMA50 on the 4-hour timeframe and is moving within its medium-term descending channel. If the downward trend continues towards the demand range, the next opportunity to buy oil with a risk-reward ratio will be provided for us. An upward correction of oil towards the supply range will provide us with an opportunity to sell it. Despite markets showing resilience to geopolitical uncertainties following recent tensions between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky, any signs of economic weakness in the United States could prompt investors to raise their expectations for interest rate cuts. However, even if inflation data does not reinforce such expectations, it is unlikely to have a significant impact on the U.S. dollar. In the United States, inflation remains a major challenge for the Federal Reserve. The overall Consumer Price Index (CPI) rose to 3% in January, dashing hopes for two rate cuts in 2025. However, the market’s reaction was not overly negative, as investors anticipated that the Personal Consumption Expenditures (PCE) index, which the Federal Reserve prioritizes, would be less severe than the CPI. According to the Cleveland Federal Reserve’s Nowcast model, the core PCE index fell from 2.8% to 2.7% in January, while the overall PCE rate declined to 2.5%. If the actual data released on Friday aligns with these projections and no unexpected increases appear in the monthly figures, expectations for two 0.25% rate cuts may strengthen, exerting downward pressure on the U.S. dollar. Meanwhile, U.S.President Joe Biden attempted to foster freer elections in Venezuela by extending an offer of cooperation, but this initiative failed. Now, Trump has announced that he will terminate this policy. He also noted that Venezuela is refusing to take back illegal migrants who had arrived in the U.S. This agreement, which had eased sanctions on oil, gas, and gold, was partially revoked in April 2024 after opposition candidate María Corina Machado was barred from running in the presidential election. Trump wrote on Truth Social: “We hereby revoke the concessions that corrupt Joe Biden granted to Nicolás Maduro of Venezuela regarding the oil deal dated November 26, 2022, as well as the electoral conditions in Venezuela, which the Maduro regime has failed to meet. Additionally, the regime has not returned the violent criminals it sent to our great America as quickly as promised. Therefore, I am ordering that Biden’s ineffective and unmet concessions be revoked as of the March 1 extension date.” Today, Trump escalated his stance on Venezuela by canceling Chevron’s oil license. This move was prompted by Caracas’s refusal to accept deportees and implement democratic reforms. President Trump announced that he would revoke the Biden-era license that had allowed Chevron to produce oil in Venezuela. This decision appears to be a significant setback for Chevron, the American oil giant. On his social media platform, Truth Social, Trump stated that he would rescind the license granted on November 26, 2022, which had permitted Chevron to operate in Venezuela.
TVC:USOILLong
by Ali_PSND
#DXY 4HDXY (4H Timeframe) Analysis Market Structure: The price is forming a falling wedge pattern, which is generally considered a bullish reversal pattern. This suggests that the downtrend is losing momentum, and a potential upward move could follow if the price breaks above the wedge resistance. Forecast: A buy opportunity may arise if the price confirms a breakout from the falling wedge pattern, signaling increased bullish pressure. Key Levels to Watch: - Entry Zone: A buy position can be considered after a confirmed breakout above the wedge resistance. - Risk Management: - Stop Loss: Placed below the recent swing low to manage risk. - Take Profit: Target key resistance levels based on previous price action. Market Sentiment: The falling wedge suggests potential bullish momentum. A confirmed breakout with strong price action can provide better validation for the buy setup.
CAPITALCOM:DXYLong
by PIPSFIGHTER
Gold XAUUSD Intra-day Move 27.02.2025Trend Analysis: The price is moving within a descending channel (marked by parallel dashed lines). The price is near the lower boundary of the channel, suggesting a possible bounce upward. Indicators Used: Bollinger Bands: The price touched the lower band, which might indicate an oversold condition and a potential reversal. Moving Averages: A short-term moving average (blue line) is following the price closely. The price is below the moving average, confirming a bearish trend. Support & Resistance Levels: Support: ~2,868.82 Resistance: ~2,908.39 The price is currently around 2,887.19, showing signs of bouncing. Trade Setup (Highlighted on the Chart): Long Position (Buy Trade) Setup: Entry: Near the lower trendline (around 2,884/87) Stop Loss: Below support (~2,878) Target Profit: Near the upper trendline (~2,908.39) Risk-to-Reward Ratio: Favorable (green box indicates a good upside potential). Trading Signal: 📈 Bullish Reversal Expected If the price stays above the lower boundary and shows bullish momentum, a buy trade is valid. If it breaks below the support, expect further downside movement.
OANDA:XAUUSDLong
by Quinn901
USDJPY - Longterm viewHere is our in-depth view and update on USDJPY . Potential opportunities and what to look out for. This is a long-term overview on the pair sharing possible entries and important Key Levels . Alright first, let’s take a step back and take a look at USDJPY from a bigger perspective. For this we will be looking at the H4 time-frame . USDJPY is currently trading at around 149.000s . We are still extremely bearish on FX:USDJPY since our last longterm analysis was completed: Scenario 1: SELLS from 148.200 -We broke below the downtrend channel. With the break of the downtrend channel we can expect more sells to come and we should continue the bearish trend on USDJPY slowly digging into lower levels potentially reaching our target of 145.000. Scenario 2: SELLS from 151.250 -We above the downtrend channel - 149.900. If we above our downtrend channel we can expect some short-term buys up to our main Key Level or PBA (Pullback Area) from where we can look to enter into the long-term sells. IMPORTANT KEY LEVELS: - 151.250; possible pullback area - 148.200; breaks below confirming lower levels - 145.000; longterm target (prices from Aug-Sep 2024) Personal opinion: We are currently trading in a downtrend channel and we are expecting more sells to come throughout the next weeks. We do have to be careful as TVC:DXY and TVC:JXY might experience some volatility tomorrow due to the following news: JXY: Tokyo Core CPI y/y DXY: Core PCE Price Index m/m KEY NOTES - USDJPY breaking above 149.900 would result in higher pullbacks. - USDJPY breaking below 148.200 (below the downtrend channel) would confirm sells. - USDJPY is overall extremely bearish. Happy trading! FxPocket
Short
by FxPocket
1
Gold Prices Stay Fundamentally Strong Despite Profit-TakingMacro: - Gold prices corrected as investors took profits following a brief consolidation near recent highs but maintained an upward bias amid uncertainty over Trump's tariffs and policy plans. - Meanwhile, strong ETF inflows and weak US economic data, reinforcing rate cut expectations for Jul, supported gold prices. - All focus is on this week's core PCE release to gauge gold's short-term direction. Technical: - XAUUSD topped out around 2952, confluence with the 200% Fibo Extension. The price is still above both EMAs and the ascending trendline, indicating the upward structure is still intact. - If XAUUSD breaks below the ascending trendline and the support at 2880, the price may prompt a further correction to retest the following support at 2790. - On the contrary, if XAUUSD stays above 2880, the price may retest the previous swing high of around 2952. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
OANDA:XAUUSD
by DatTong
+150 pips Best Level to Short EURNZD from Resistance🔸Hello traders, let's review the H2 chart for EURNZD today. Trading near premium prices of the multiweek range, closing in on heavy S/R Currently risk/reward is shifting in bears favor, so it's recommended to look for sell side setups in EURNZD. 🔸Heavy overhead mirror S/R zone at 8440/8480 expecting reversal from overhead resistance. current bid is 8375 so final push incoming before we can get a decent entry on sell side. 🔸Recommended strategy for EURNZD traders: focus on short selling any rips/rallies near MS/R 8440/8480 price is currently trading near premium levels and is almost maxed out already, limited upside. TP1 bears +75 TP2 bears +150 pips final exit 8300 keep in mind this is a swing trade setup so naturally will take more time to complete / hit both targets. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
25
XAU/USD – Trendline Breakout Signals Sell!The XAU/USD Pair on the M30 period offers a potential selling opportunity due to the recent formation of a Trendline Breakout Pattern. This indicates a shift in momentum to the downside in the coming hours. For a short trade, consider entering around the pattern's trendline. Target levels: 2904 (first support) and 2880 (second support). : 🚨 XAU/USD – Trendline Breakout Signals Sell! 📉 💰 Gold Spot (XAU/USD) - 30M Chart Breakdown 🔍 Key Observations: 🔹 Trendline Breakout: Price broke below the strong ascending trendline, confirming a bearish shift. 🔹 Resistance Zone: $2,942 - $2,954 acted as a rejection point, leading to a sharp sell-off. 🔹 Strong Bearish Momentum after breaking key support levels. 📉 Bearish Trade Setup: 📌 As long as price remains below $2,912, we expect further downside towards: 🎯 1st Support: $2,903 🎯 2nd Support: $2,880 📌 A break above $2,912 could lead to a short-term recovery, but overall bias remains bearish. 📊 Key Levels to Watch: ✅ Resistance: $2,942 - $2,954 ✅ Support: $2,903 & $2,880 💬 Do you agree with this bearish outlook? Let us know in the comments!👇🔥 #gold #xauusd #forex #trading #priceaction #technicalanalysis
OANDA:XAUUSDShort
by NexusTradesZone