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Euro will break current support level and drop to 1.0735 levelHello traders, I want share with you my opinion about Euro. Recently, the price completed a pennant pattern, which resulted in a breakout to the upside. This breakout, however, didn’t gain much ground - the movement quickly lost momentum inside the resistance area between 1.0955 - 1.0985 points, where Euro sharply turned around. The reversal from this zone wasn’t unexpected, considering this level had already acted as resistance earlier. What followed was a clean break below the current support level at 1.0955 points, which shifted the market structure back to bearish. Now the price is trading lower, and the bearish impulse looks set to continue. My expectation is a further decline toward the support level at 1.0735, which also aligns with the buyer zone between 1.0695 - 1.0735 points. This level may act as the next potential area of interest where buyers could attempt a defence. The invalidation of local support, weakness after the breakout, and strong supply reaction from resistance all point to a high probability of continuation down toward TP 1 - 1.0735 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
5
GOLD - Price can continue to decline to $2920 pointsHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price moved inside a rising channel, making higher highs and holding above support levels. Later, Gold broke resistance and continued to rise, reaching the upper boundary of the price channel. After touching $3076 zone, price turned around and exited the channel with a strong bearish impulse. Recently, it made a breakout below $3055 level and bounced from the area without a strong upward reaction. Now Gold trades below resistance zone and holds under broken channel, forming local bearish structure. In my opinion, Gold can continue to decline and reach $2920 points during the next wave down. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
6
+300 pips EURUSD swing trade setup SELL HIGH🏆 EURUSD Market Update 📊 Technical Outlook 🔸Short-term: BULLS 1150 🔸Mid-term: BEARS 0670 🔸Status: REVERSAL from S/R 🔸0660/0680 normal pullback 🔸BULLS will max out at 1150 🔸Price Target Bears: 0660/0680 🔸Price Target BULLS: 1140/1160 📊 Forex Market Update – April 7, 2025 🇪🇺 EUR/USD 🔹 Reclaims the 1.1000 level amid fresh USD weakness 🔹 Driven by EU-U.S. trade tensions & global recession fears 🔹 📈 Almost Completed a cup & handle formation 🇬🇧 GBP/USD 🔹 Holding gains above 1.2900 after rebounding from 1.2830 🔹 Supported by USD sell-off & BoE-Fed policy divergence 🔹 🛑 Risk-off sentiment & dip-buying helped push the pair higher
Short
by ProjectSyndicate
21
EURO - Price can bounce from resistance area to $1.0850 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price moved inside a falling channel and showed weak activity with limited growth attempts. Later Euro made a breakout, exited the channel, and started to form a new bullish structure near resistance. After that, price made a sharp upward impulse, touching $1.1010 resistance and forming a pennant pattern. Recently, it broke the lower border of pennant and tested $1.0990 level from below, then bounced down. Now price trades under local resistance area and holds below broken trendline with weak upward attempts. In my opinion, Euro can continue to decline and reach $1.0850 support level in the upcoming sessions. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
12
Hellena | SPX500 (4H): LONG to resistance area of 5445.2.Explaining what is happening in terms of wave theory is quite difficult, but always possible. Of course, geopolitics has been affecting the price a lot lately, but even in this chaos there are regularities. Let's take a look at the wave markup. I believe that there is a big correction going on at the moment. Most likely it is not finished yet and has just started to form wave “B”, which means that wave “C” is coming, but I still want to see an upward movement to the resistance area at 5445.2. The price has been in a downtrend for too long and I think a correction is very likely. Well, let's see. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:SPX500USDLong
by Hellena_Trade
4
WHY XAUUSD IS BULLISH ?? TECHNICAL AND FUNDAMENTALSXAUUSD is currently trading around the key psychological level of 3000, and as expected, price action has just completed a textbook retest of the previous breakout zone. The support level near 2960–2980 has held strongly, giving gold the momentum it needs for the next leg up. Price has reacted with a clear bullish bounce from this demand zone, confirming the structure and setting up for a potential continuation toward the 3100 target. From a technical perspective, we’re seeing a classic bullish continuation move. The previous impulse to the upside was followed by a correction phase, which respected the support area now acting as a launchpad. This bounce, combined with strong candle formations on the 12H and daily charts, suggests bulls are regaining control. Volume is gradually increasing, aligning with the anticipated breakout from the recent consolidation. On the fundamentals side, the gold market remains well-supported. Recent macroeconomic data shows inflationary pressures are still lingering, while expectations for Federal Reserve rate cuts later in the year continue to weigh on the US dollar. Geopolitical tensions and increased central bank gold accumulation are adding further demand for safe-haven assets like gold. These drivers remain bullish catalysts as long as uncertainty stays elevated and real yields remain low. With price holding above 3000 and a strong structure in place, I expect continuation toward 3100 in the near term. This is a high-probability setup supported by both technicals and fundamentals. I’ll be closely watching for higher lows and continuation signals above 3020 for additional confirmation. Risk management remains key, but the market structure strongly favors further upside.
FX:XAUUSDLong
by AndrewsMarket-Mastery
4
GOLD H2 Outlook: Correction in progress 2900 USD in sight🏆 Gold Market Update (April 8th, 2025) 📊 Technical Outlook Update ▪️5 wave impulse completed ▪️Correction as expected previously ▪️currently trading at 3 000 usd ▪️Profit taking in progress now ▪️Price Target BEARS 2850/2900 USD ▪️Strategy: SHORT SELL rips/rallies ▪️target is 2900 USD 📢 Gold Market Update – April 2025 📈 Gold hits all-time high above $3,100/oz 🚀 Surge driven by Trump’s new global tariffs and rising trade war fears 🌍 Investors seek safety amid geopolitical uncertainty 📉 Pullback follows rally 💸 Sharp drop due to profit-taking and risk sentiment rebound 🔁 Analysts remain bullish as Fed rate cuts and tensions linger 🏦 Central banks keep buying 🛡️ China & others increasing gold reserves to hedge inflation & currency risks
OANDA:XAUUSDShort
by ProjectSyndicate
14
Bearish drop?The Swissie (USD/CHF) has reacted off the pivot which is a pullback resistance and could drop to the 1st support which has been identified as a pullback support. Pivot: 0.8629 1st Support: 0.8405 1ast Resistance: 0.8769 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.
Short
by ICmarkets
2
USDJPY Will Collapse! SELL! My dear friends, My technical analysis for USDJPY is below: The market is trading on 147.18 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 146.37 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
BTCUSD ChatGPT: This chart shows Bitcoin (BTC/USD) on a 4-hour timeframe with key price levels, trends, and targets identified. Let's break down the analysis and potential scenarios for the future price movement: Key Observations: 1. Price Action & Trend: - The price of Bitcoin has been in a downward trend, forming a descending channel (shown with blue trendlines). The price has been making lower highs and lower lows, indicating bearish market conditions. - Recently, Bitcoin tested the resistance zone around 84,067, and after multiple rejections at this level, the price has started to decline. 2. Resistance Zone: - The resistance zone is marked at 84,067, a key price point where Bitcoin has faced multiple rejections. This level represents a supply zone, and traders … ChatGPT: 4. Bearish Price Action: - The chart shows a sharp bearish drop after hitting the resistance zone, suggesting that the market is currently in a correction phase. The price has fallen from higher levels toward the support zone and is likely to experience further downside pressure. 5. Target Level: - The target for the ongoing bearish move is marked as 78,885, which lies just above the support level at 77,082. This target indicates a potential continuation of the decline towards this support level, and if this support holds, it could be a buying opportunity for a bounce. Potential Scenarios: 1. Bearish Continuation: - If the price continues its decline and breaks below 77,082, it would suggest a bearish breakout, with the next target around 78,885 or eve… ChatGPT: - If the price approaches the 77,082 support level and shows signs of rejection (such as forming a bullish engulfing candle or double bottom pattern), there could be a reversal towards the resistance level at 84,067. In this case, traders may look for a long position, targeting the resistance zone for profit-taking. 3. Consolidation and Range-Bound Behavior: - There is also a possibility that the price could start consolidating between the resistance and support levels, moving in a sideways pattern. If the price repeatedly tests these boundaries without breaking through, traders can look for range-bound trading strategies with buy orders at support and sell orders at resistance. 4. Breakout Above Resistance: - If the price breaks above the resistance zone… ChatGPT: The current chart suggests that Bitcoin is in a downtrend, facing resistance at 84,067 and heading towards the support zone at 77,082. Traders should monitor price action at this support level for potential bounces or breakdowns. If the price rebounds at 77,082, it could move back to test the resistance at 84,067. Conversely, if the price breaks below the support, further downside movement may occur with a target around 78,885 or lower. The descending channel provides a structured view of the market, and a breakout could lead to a bullish reversal or continuation of the bearish trend.
BITSTAMP:BTCUSDLong
by EXPERT117Ai
1
Bearish drop?USD/JPY has reacted off the pivot and could drop to the 1st support which has been identified as a pullback support. Pivot: 148.24 1st Support: 145.39 1st Resistance: 150.06 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.
Short
by ICmarkets
1
Pre-Market Analysis – CAD/CHF1️⃣ The price has broken below the previous support zone, which had held multiple times in the past. This area is now likely to act as a new resistance. 2️⃣ The bottom boundary of the descending channel has been touched, signaling a potential reaction or short-term bounce from this level. 3️⃣ It’s quite probable that the price retraces back to the midline of the channel before continuing its downward move. This would be a classic pullback within a bearish channel structure. 📉 If price fails to reclaim the broken support and reacts bearishly near the resistance-turned zone or the channel’s midline, it could provide a solid continuation setup to the downside.
Short
by melikatrader94
7
Gold Analysis April 7The D1 candle on Friday clearly identified selling pressure and the amount of fomo pushed the price to 2972. The H4 structure is still showing that the downward force will continue to be maintained when 3054 was rejected by the buyers. Back to the trading plan The 3018 and 3035 border areas are considered sideways compression borders. If the price breaks 3018, wait for a retest and sell to 3003. If the US session breaks 3003, then push to 2955. If the 3018 border remains strong, wait for a break of 3035 to BUY to the exchange price zone of 3054. BUY signals for short-term city and are considered to be against the trend at the moment. When the US session fails to break 3055, you can sell and hold long. If it breaks 3055, waiting for 3080 to sell will be safer than fomo to BUY against the trend.
OANDA:XAUUSD
by TVS-Trader
1
Where will gold price go today?Hello dear friends, a new week has arrived, wishing you a lot of energy! At the beginning of the new trading week, gold continues to extend its previous downward trend. The precious metal once dropped below the $3,000 mark but quickly regained some recovery, although it has not yet fully stabilized. Currently, the trading level is moving around the $3,027 area, marking a decline of more than 0.32% at the time of writing. Regarding the outlook, global economic and political factors indicate an unfavorable environment for gold prices during this period. Accordingly, this week, 16 experts participated in the Kitco News Gold Survey, and the results show that Wall Street has reversed its extremely optimistic view from the previous week. Five experts (31%) predict that gold prices will recover this week. Eight (50%) believe that gold prices will continue to decline. The remaining three (19%) think that gold prices will move sideways around the current low levels. Meanwhile, the Kitco online survey attracted 273 retail investors to participate. Retail investor sentiment only slightly decreased compared to the previous week. A total of 167 people (61%) expect gold prices to rise this week; 70 people (26%) predict a decline; while the remaining 36 people (13%) think prices will move sideways. What about you, what do you think about the gold price trend this week?
OANDA:XAUUSD
by Garygoldtrader
5
Gold Rejects Channel Highs — Retracement to $3,000 Before HigherGold has printed another clean rejection at the upper boundary of a short-term ascending channel on the 6H timeframe. This latest rejection adds further validity to the structure, suggesting that we may now see a healthy technical pullback toward the equilibrium line of the channel — and potentially down to the lower support boundary near the $3,000 psychological level. Technical Outlook: Another rejection from channel resistance confirms structural validity. 1:4 risk-to-reward short opportunity with clear invalidation and confluence. Targets:  – TP1: $3,005 — channel midline + psychological level  – TP2: $2,955 — previous swing high + dynamic quarterly support $3,000 psychological levels are often retested before continuation. Fundamentals & Geopolitical Context (as of April 1, 2025): Gold's Macro Bull Trend Remains Intact Despite this short-term setup, the broader macro backdrop continues to support gold:  – Central banks accumulating gold amid global de-dollarization  – Real yields remain negative across key regions  – Oil trading above $100 fuels inflationary pressure Geopolitical Flashpoints Supporting Volatility  – Russia-Ukraine war shows no signs of easing  – Middle East tensions rising (Israel–Hezbollah conflict)  – Taiwan-U.S.-China escalation continues post-military exercises Bitcoin Weakness = Gold Rotation Potential  – BTC struggling at $70K, showing early signs of distribution  – Miner pressure increasing ahead of halving  – Targeting possible correction to $50K = capital rotation into gold Conclusion: Technical rejection at resistance aligns with macro expectations of a short-term pullback. $3,000 key psychological level likely to be retested before further upside. Gold remains in a macro bull market; this move is likely corrective within a larger expansion leg. Long Term Gold Bull Target $4,200: Previous Long (Target hit and closed at $3,100): Previous Intra Long (Target hit and closed at $3,100):
IGSB:USCGCShort
by Who-Is-Caerus
1
XAUUSD: Swaying for Momentum - Awaiting Bullish SignalAfter the sharp drop to the 2,968 zone, gold bounced back like a fighter who got knocked down but still has the strength to stand up. Currently, gold prices are "swaying" in the 2,998 - 3,057 range, with the EMA 34 and 89 acting like a cushion, preventing prices from falling freely once again. The H4 chart shows prices struggling to find momentum within the accumulation zone, still undecided whether to move up or down. Keep an eye on the 3,116 resistance zone. If the price breaks through, it’s likely to continue climbing, but beware, this zone could easily become a "trap" for buyers. And don’t forget the upcoming CPI news! If CPI data comes out higher than expected, the USD may strengthen, pushing gold down a bit. On the other hand, if the data is softer, gold might have the excuse to bounce back up.
OANDA:XAUUSDLong
by Elowen_en
1