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Gold Approaches Channel Resistance with Potential PullbackGold is currently trading within an ascending channel on the one-hour chart, approaching the upper boundary near 2840. The price has shown strong bullish momentum, but the marked resistance zone suggests a potential pullback. A rejection from the upper boundary could lead to a retest of the highlighted support area around 2820. If this support holds, the bullish trend may continue, but a break below could indicate further downside movement.
OANDA:XAUUSDShort
by TRADE_CENTER_1
BTC/USD Short-Term Rebound: Testing Key Resistance AheadThis BTC/USD chart (2-hour timeframe) shows a descending triangle pattern with a strong resistance trendline. Key Observations: 1. Price Rejection & Support: - BTC recently bounced from a support level around 93,747 and surged back above 97,952. - This suggests a potential short-term recovery. 2. Potential Upside Target: - The chart highlights a **resistance zone around 102,500–104,049, which aligns with the descending trendline. - A move toward this level is likely if the current momentum continues. 3. Breakout or Rejection? - If BTC breaks 104,049 with strong volume, it could challenge 108,411. - Failure to break resistance could lead to another drop toward 93,747 or lower. Strategy Consideration - Short-term traders: Watch for a retest of 102,500–104,049 before deciding on a breakout trade or shorting the rejection. - Long-term perspective: If BTC holds above 93,747, bullish momentum might strengthen.
BITSTAMP:BTCUSDLong
by TRADE_CENTER_1
EUR/USD: Trump's Tariffs Impact Euro: Time for a Bounce?The EUR/USD pair kicked off the new trading week with a resounding bearish tone, plummeting to its lowest level since mid-January below 1.0210. Despite its oversold condition in the short term, investors continue to exercise caution in the Euro, fearing the lingering impact of US President Donald Trump's tariff threats. Over the weekend, Trump's administration announced sweeping trade tariffs on key allies and competitors alike. The tariffs, which range from 10% to 25%, are set to apply to imports from Mexico, Canada, China, and potentially the European Union. When questioned by reporters on Sunday about the prospect of imposing tariffs on European imports, Trump remained coy about the details, merely stating that it would happen, but without specifying timing or severity. This uncertain environment has instilled fear among market participants, causing the EUR/USD to decline sharply. However, as we navigate the complex landscape of global trade tensions, we believe that a short-term retracement is imminent. This potential correction could be sparked by investors seeking to reassess their positions and capitalize on any temporary relief from the recent downtrend. A Weekend Gap Opportunity In the near term, our primary focus is on the weekend gap that formed between 1.0170 and 1.0218. This gap represents a critical level that EUR/USD must fill to restore equilibrium in the market. If price action were to bounce from this gap, it could create a lucrative trading opportunity for traders looking to profit from a short-term recovery. Given the extreme bearishness surrounding the EUR, a retracement could be achievable if the market decides to close the weekend gap. While this may seem modest by some standards, any trading opportunity that arises from the EUR/USD's oversold condition is worth exploring. Conclusion As the EUR/USD pair continues to grapple with uncertainty surrounding Trump's tariff threats, we expect a short-term retracement to emerge in the coming trading sessions. This potential correction could provide a window of opportunity for traders to capitalize on the weekend gap, potentially leading to a temporary bounce. While the long-term implications of these trade tensions remain unclear, our focus remains on the immediate market conditions. As the EUR/USD navigates this complex landscape, we remain poised to take advantage of any opportunities that arise from the market's natural oscillations. ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Long
by FOREXN1
3
"Gold Price Breaks Key Support: Potential Downside Ahead"This chart shows a potential bearish setup for gold, with a breakout below a key level. The price recently failed to sustain its move above a resistance zone and has started declining. The structure indicates a shift in momentum, with a possible move toward the lower trendline of the ascending channel. Key downside targets include the areas around 2799 and 2764, with stronger support near 2742. If the price remains below the broken level, further downside movement is likely. OANDA:XAUUSD
OANDA:XAUUSDShort
by TRADE_CENTER_1
EURUSD 0140 Reversal Swing Trade Setup BULLS strong upside🔸Hello traders, let's review the 4 hour chart for EURUSD. Weekly open gapped down so expecting more losses in this market before potential reversal off the lows on Wednesday/Thursday this week. 🔸Revised/updated outlook point C is 1.13 extension at 0140, other points include X at 0595, point A at 0220, point B at 0510, point D/PRZ at 0700. 🔸Currently most points validated, point C/PRZ still pending 0140, so traders should wait until we hit C before buying. 🔸Recommended strategy for EURUSD traders: wait for pullback/correction to complete at point C near 0140, buy/hold, SL 60 pips, TP1 +200 pips TP2 +400 pips Final exit TP at 0700. BUY/HOLD at point C/PRZ at 0140. swing trade setup. only invalidated if we break below 0140 on high volume. 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.
Long
by ProjectSyndicate
22
EUR/USD Struggles as Tariff Risks, ECB Rate Cut Prospects WeighThe euro edged up but stayed pressured around $1.03 amid uncertainty over Trump’s tariff policies. Over the weekend, Trump confirmed a 25% tariff on Mexican and Canadian imports, a 10% duty on Chinese goods, and threatened EU tariffs, citing the U.S. trade deficit. However, Mexico secured a one-month delay by agreeing to deploy 10,000 troops to curb fentanyl trafficking. The euro also faced pressure from the ECB’s dovish stance and prospects of further rate cuts after last week’s expected 25bps reduction. Meanwhile, Euro Area inflation rose to 2.5% in January, above the 2.4% forecast, while core inflation held at 2.7%, defying expectations of a slight dip. From a technical perspective, the first resistance level is at 1.0305, with further resistance levels at 1.0360 and 1.0460 if the price breaks above. On the downside, the initial support is at 1.0220, followed by additional support levels at 1.0180 and 1.0120.
by zForexcom
Gold (XAU/USD) Near Key Resistance – Watching for Bearish ReversThis chart shows XAU/USD (Gold) on the 1-hour timeframe, highlighting a potential sell opportunity around the weak high zone near $2,810-$2,820. Key Observations: 1. Bearish Confirmation Needed : - The price is approaching a resistance zone within an ascending channel. - A rejection or bearish confirmation (e.g., candle reversal, strong wick, or BOS downward) is needed before entering a short position. 2. Structure & Key Levels: - Break of Structure (BOS) signals previous bullish momentum. - Change of Character (ChOCH)** suggests a possible shift in trend. - The weak high at the upper channel trendline indicates a potential reversal. 3. Potential Downside Targets: - $2,797 – First key level of support. - $2,770-$2,750 – Stronger demand zones. - $2,741-$2,720 – Final deeper support area. Trading Plan: - Wait for bearish confirmation** before entering a sell. - A breakdown of intraday support near **$2,797** would strengthen the bearish case. - If price breaks above $2,820-$2,828, the bearish bias is invalidated.
OANDA:XAUUSDShort
by TRADE_CENTER_1
EURO - Price can reach resistance level and then bounce downHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few moments ago price broke $1.0410 level and started to trades inside flat, where it at once fell to $1.0250 level. Then Euro bounced up from this level and rose to resistance area, after which turned around and started to decline. In a short time, price fell to $1.0180 points, thereby exiting from flat and then started to grow in rising channel. Inside channel, price broke $1.0250 level, rose a little, and then made a small correction to support line. Next, Euro rose to $1.0530 points, thereby breaking resistance level and making a gap, but soon fell to $1.0350 points. Price exited from channel, so, now I think it will make move to resistance level and then fall to $1.0250 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
10
EURUSD Trade War pushing it to parity. 0.9900 Target possible.The EURUSD pair opened with a significant gap downwards in the aftermath of the first Tariff announcements between the U.S. and their strongest trade partners. This is a natural news reaction fundamentally but even from a technical standpoint, it is backed up. The reason is the massive 11-year Falling Wedge pattern that the pair has been trading in since May 2014. This pattern shows that after last September's Lower High and rejection below both the 1W MA200 (orange trend-line) and 1W MA50 (blue trend-line), we have started the new Bearish Leg. With the 1W RSI making a somewhat Double Bottom on oversold territory (below 30.00), we see a similar pattern with the January 2022 and August 2018 fractals. Those sequences served as bearish continuation patterns following a consolidation phase. The pair has consolidated through January and now this is the technical signal to resume the bearish trend potentially. The 2018 sequence declined to at least its 0.786 Fibonacci level before hitting the Internal Higher Lows trend-line. This gives us a new bearish Target below parity at 0.99000, which is also contained above a potentially similar Higher Lows trend-line. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
Fundamental Market Analysis for february 3, 2025 EURUSDEUR/USD was subjected to heavy selling on Monday and fell towards 1.0200 early in the Asian session. Spot prices have returned to more than two-year lows reached in January and look set to continue their multi-month downtrend. The US Dollar (USD) is rising across the board in response to US President Donald Trump's decision over the weekend to impose 25 per cent duties against Canada and Mexico, as well as an additional 10 per cent against China. This marks the start of a new global trade war and has curbed investor appetite for risky assets. The flow of anti-risk sentiment is putting good pressure on the safe-haven quid, which is becoming a key factor putting downward pressure on EUR/USD. Meanwhile, on Friday evening, Trump announced that he will impose tariffs on goods from the European Union. This comes amid the European Central Bank's (ECB) stance, which continues to undermine the common currency. As expected, the ECB cut borrowing costs by 25 basis points (bps) last Thursday and left the door open for further rate cuts before the end of this year. This is a significant divergence from the Federal Reserve's (Fed) pause, which favours dollar bulls and supports the prospects for further EUR/USD declines. Meanwhile, the recent sharp pullback in US Treasury yields acts as a headwind for the quid and may provide some support to spot prices. Nevertheless, the fundamental backdrop suggests that the path of least resistance for spot prices is to the downside. Trade recommendation: Trading mainly with Sell orders from the current price level.
Short
by Fresh-Forexcast2004
**Gold (XAU/USD) Approaching Bearish Confirmation at Major ResisThis chart shows gold (XAU/USD) on the 1-hour timeframe, highlighting key resistance and support zones. Key Observations: 1. All-Time High & Major Resistance: - Price recently reached an all-time high and faced rejection from the major resistance zone. - A pullback is currently in progress, and the chart suggests waiting for **bearish confirmation** before entering a short trade. 2. Bearish Expectation:** - If the resistance holds and bearish confirmation appears, a sell-off toward the **1st target (2,772.32)** and then the 2nd target (2,750.15 - 2,750.43) is expected. 3. Major Support Zone:** - If the decline continues, the **major support** area around **2,720** could be tested. Trading Strategy: - Wait for confirmation** before entering short positions. - A strong **bearish rejection** from resistance will validate the short setup. - If price breaks back above resistance, bearish bias would weaken.
CAPITALCOM:GOLDShort
by TRADE_CENTER_1
EUR/USD Weekly: Double Top Signals Further Downside Potential The EUR/USD weekly chart shows a clear double top formation, with the neckline already broken, indicating a potential bearish continuation. Scenario 1: The price could retest the broken neckline, which now acts as resistance, before resuming its downward move. This scenario aligns with the prevailing bearish trend, targeting the key support zone at 0.99810. Scenario 2: If the price manages to break above the resistance after retesting the neckline, it may enter a consolidation phase within the larger descending channel. However, the overall trend remains bearish unless the price breaks out of the channel. The ultimate target for this downtrend lies in the 0.99810 region, where significant support could trigger a reaction. Traders should monitor the neckline retest and price behavior near resistance for further confirmation.
Short
by melikatrader94
10
Forex Market AnalysisUSD with a failed 2D week to go 2-2 rev to the upside and take out pivot highs. This occurs at the same time as the EURO looking weak with the most interesting of the 3 charts. EURO with the potential 2-1-2D week after clearing Motherbar highs two weeks ago and now giving us the actionable signal back through to motherbar lows. Price was stuck in the motherbar range for 8 weeks before taking out highs. Now looking to make a sharp move back through that motherbar range to the lows. YEN with the successful 2-2 rev week that has given us a clear BF if we were to drop to the daily TF. YEN with TFC supporting more upside, and being closer to 2-2 continuation rather than 2-2 rev. Not as interesting as USD and EURO at the moment, but definitely will be noted as I am mainly watching anything EUR/X for downside, and USD/X for upside. Side note: GBP and AUD both bearish weekly's but not as interesting as other currencies right now. Main pairs to watch this week : Bull: USD/JPY- (Daily PMG to the upside could be a huge early week mover) USD/CAD - Daily hammer 2-2 for BF expansion Bear: EUR/USD (2-2 Week, Gorgeous weekly BF) GBP/USD - Weekly 2-2 to the downside. Larger ATR than most others AUD/HKD - shooter 2-2 Daily, Inside week. Check the Daily BF (Wow) Neutral: AUD/CAD - 3-1 Daily and inside week
PEPPERSTONE:EURX
by Alanger17
HelenP. I Euro will make small move up and then drop to $1.0220Hi folks today I'm prepared for you Euro analytics. In this chart, we can see how the price dropped below the resistance level first and then soon backed up, making a gap. Next, the price some time traded near the resistance level and then rose to the trend line, after which turned around and started to decline. In a short time, the price fell below the 1.0500 level, breaking it, and then EUR trades in a small flat and then dropped to the support zone, which coincided with the support level. After this movement, the Euro rebounded from the support zone and rose to the trend line, but when it touched this line, it at once rebounded and fell belowthe 1.0300 level, breaking it. Soon, the price turned around and rose to the support area, where it some time traded near the 1.0300 level and later broke it. After this movement, the price rose to a resistance zone, breaking the trend line, and then it turned around and started to decline. So, I expect that EURUSD will little grow and then continue to decline to the trend line, breaking the support level. For this reason, I set my goal at 1.0220 points, which coincides with the trend line. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
4
**Gold (XAUUSD) Bullish Breakout Setup – Targeting $2,818** **Gold (XAUUSD) 1H Chart Analysis:** - **Current Price:** Around **$2,800.29** - **Key Resistance:** **$2,818.05** (Potential target zone) - **Spot Zone:** Previous resistance turned support around **$2,790** - **Recent Price Action:** - Gold broke above a key resistance level (now acting as support). - Price faced a **minor rejection** but is consolidating, potentially forming a bullish continuation pattern. - **Forecast:** - If price holds above **$2,790**, consolidation could lead to a breakout toward **$2,818**. - A strong breakout above **$2,818** could signal further upside momentum. - A rejection from this level might result in a pullback to **$2,790** support. Overall, bullish sentiment remains strong unless price drops below **$2,790**.
OANDA:XAUUSDLong
by TRADE_CENTER_1
EURO - Price can fall to support level and then bounce upHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to flat, where it at once reached resistance area and then dropped to $1.0345 level. Later, price turned back to flat and reached resistance area again, making a gap, after which corrected. Then price rose to resistance area again and then dropped to support line, exiting from flat and then bouncing up. Soon, Euro declined to support line back, breaking $1.0345 level again, but soon rose back and started to trades in a wedge. In wedge, price corrected to support line and later rose to resistance line, breaking $1.0345 level. Now it trades close to support line and I think EUR can fall a little and then bounce up to $1.0560 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
12
EUR/USD Analysis by zForex Research TeamEuro Weakens as ECB Signals Further Rate Reductions The EUR/USD pair faces selling pressure near 1.0385 in Friday’s Asian session, weighed down by expectations of further ECB rate cuts. Investors await clarity on Trump’s potential tariff threats, which could impact market sentiment. As expected, the ECB cut its deposit rate to 2.75% on Thursday, signaling the possibility of further reductions amid economic uncertainty and inflation concerns. Eurostat data showed the Eurozone economy stagnated in Q4, missing the 0.1% growth forecast after 0.4% in Q3. Germany’s Retail Sales and Unemployment data, due Friday, could provide direction. In the US, the Fed kept rates at 4.25%-4.50% on Wednesday, with Powell ruling out immediate cuts without supporting inflation and employment data. Weaker US GDP growth of 2.3% in Q4, below forecasts, limited the dollar’s gains. From a technical perspective, the first resistance level is at 1.0450, with further resistance levels at 1.0515 and 1.0550 if the price breaks above. On the downside, the initial support is at 1.0355, followed by additional support levels at 1.0270 and 1.0225.  
by zForexcom
Euro could rise to 1.0560 points within the wedgeHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price traded near the seller zone, which coincided with the resistance level and when it moved up, it at once turned around and dropped to the 1.0350 level, breaking the resistance level. Then price started to grow inside the pennant, where it rose higher than the resistance level again, making a gap and later even reaching the resistance line of the pennant pattern. After this movement, the Euro started to decline and quickly fell to the support line of the pennant, breaking the 1.0510 level and soon it exited from the pennant pattern and then fell to the support level, which coincided with the buyer zone. Then the price rose a little and dropped to 1.0220 points, breaking the support level too. But soon, the Euro turned around and made impulse up, breaking the support level again and even later started to trades inside the wedge. In this pattern price first made a correction to the support line and then in a short time rose back to the support level, broke it, and continued to move up. Later price reached a resistance level, but a not long time ago it rebounded and fell to the support line, which recently bounced and started to grow. So, in my opinion, the Euro can continue to move up in wedge to resistance line, breaking resistance level. For this reason, I set my TP near the resistance line, at 1.0560 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2
Gold (XAUUSD) 1H Chart Analysis: - **Breakout Confirmation**Gold (XAUUSD) 1H Chart Analysis:** - **Breakout Confirmation:** Price has broken above a key resistance zone, indicating bullish momentum. - **Retest Zone:** A potential retest of the breakout area may confirm support before continuation. - **Targets:** - **1st Target:** 2,772 zone. - **Last Target:** 2,783–2,784 zone. - **Market Structure:** - Multiple **Break of Structure (BOS)** and **Change of Character (ChoCh)** signals bullish strength. - Rounded retest pattern supports a continuation towards the targets. - **Key Watchpoint:** If price holds above the breakout zone, the bullish move remains valid; otherwise, a failed retest could lead to a pullback.
OANDA:XAUUSDLong
by TRADE_CENTER_1
1
BTC/USD Analysis (4H Chart) BITSTAMP:BTCUSD **BTC/USD Analysis (4H Chart)** - **Current Price:** ~$105,331 - **Major Resistance Zone:** Around **107,500 - 110,000** - **Major Support Zone:** Around **97,500 - 98,000** - **Key Pattern:** A possible **cup & handle formation** is forming, suggesting bullish momentum. **Bullish Scenario:** - BTC is approaching a key resistance zone. If price **breaks above 107,500 with strong volume**, it could push toward **112,300**. - A successful retest of the resistance as support would confirm the breakout. **Bearish Scenario:** - If BTC fails to break resistance, it may retrace back to the **ascending trendline (~102,000-103,000)** or even the **major support zone (97,500-98,000)** for a potential bounce. **Conclusion:** - BTC is at a **critical breakout zone**. - **Break & retest above 107,500 → bullish continuation toward 112,300+.** - **Rejection → Possible pullback to trendline or support zone.**
BITSTAMP:BTCUSDLong
by TRADE_CENTER_1
**Gold (XAUUSD) 1H Analysis: Bearish Rejection at Resistance, OANDA:XAUUSD **Gold (XAUUSD) 1H Chart Analysis** - **Resistance Zone:** The price is currently testing a resistance area marked in gray, aligning with a descending trendline. - **Potential Rejection:** The chart suggests a possible rejection from this zone, leading to a bearish move. - **Target:** If rejection holds, the price is expected to drop toward the **2,745** level. - **Pattern Formation:** The price is forming a lower high structure, indicating a continuation of the bearish trend. - **Confirmation:** A strong rejection candle or break of minor support could confirm the downside move. ### **Conclusion:** Watch for confirmation around the resistance zone. A rejection could trigger a short trade targeting **2,745**, while a breakout above could invalidate the bearish setup.
OANDA:XAUUSDShort
by TRADE_CENTER_1