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LONG CHF/HUF: OversoldHello readers, my name is Andrea Russo and I am a Forex Trader. Today I want to share with you an opportunity that I am monitoring in the currency market, specifically the CHF/HUF pair. As many of you may know, when a currency pair enters an oversold phase, it opens up reversal possibilities that are worth exploring. In this case, technical analysis and fundamentals suggest that the CHF/HUF is about to start an upward correction, and my trading idea is to open a long position on this pair. Why is CHF/HUF oversold? In the last few days, the Swiss Franc (CHF) has lost ground against the Hungarian Forint (HUF), and prices have fallen below key technical levels. This has pushed the pair into an oversold zone, as evidenced by the RSI (Relative Strength Index) and Stochastic oscillators that are below the 30 level, signaling a possible trend reversal. Furthermore, fundamental data analysis shows that Switzerland’s monetary policy remains relatively stable, while Hungary is facing economic challenges that could slow down the appreciation of the forint in the coming months. These factors, combined with the technical setup, make the idea of ​​a long CHF/HUF very attractive. Trading Strategy My strategy is to enter the market when the pair reaches the support at 375.00 HUF. At this point, I will carefully monitor the technical indicators for reversal signals. A bounce in this area could lead to prices moving up towards the next resistance level at 380.00 HUF, which could offer interesting profit potential for traders willing to manage the risk. Risk Management As always, it is essential to maintain strict risk management. I suggest placing a stop loss below the support level at 374.00 HUF, to protect against any adverse movements. The initial profit target can be set at 380.00 HUF, but I will monitor the market for any adjustments based on the price action. Conclusion In summary, the CHF/HUF pair is in an oversold zone, and the technical and fundamental conditions suggest a possible reversal to the upside. A long trade could offer an interesting opportunity, provided that the risk is managed properly. As always, remember that markets are unpredictable, so I encourage you to do your own analysis before entering any trade. Happy trading!
Long
by Andrea_Russo_SwipeUP
JUVUSDT: Descending Channel – 120%-130% Gains on Breakout!JUVUSDT is currently forming a Descending Channel pattern, and it is looking for a breakout in the near future. The Descending Channel is a bearish technical pattern where the price oscillates between parallel descending trendlines, indicating that the price is in a downtrend. However, the pattern often leads to a breakout to the upside once the price clears the upper resistance trendline. With strong volume backing the pattern, the breakout could signal the start of a major bullish move, potentially driving the price up by 120% to 130%+. The good volume behind the Descending Channel formation shows that the market is actively watching this level. A breakout from a descending channel often leads to a sharp rally, as many traders will jump in once the price breaks through the upper resistance. The growing investor interest in JUVUSDT suggests that the market is becoming more optimistic about the potential upside. This increasing participation could fuel the breakout, pushing the price higher and leading to the anticipated 120% to 130%+ gain. The potential for substantial gains in JUVUSDT becomes more apparent as the price nears the breakout point. The Descending Channel pattern is typically followed by a reversal, especially when the price breaks through the resistance and gains momentum. If JUVUSDT can maintain strength at these levels and break above the upper trendline of the channel, a bullish phase could begin, driving the price to new highs. With the increasing volume and investor interest, the projected 120% to 130%+ gain is within reach. Traders should monitor the price closely as it approaches the resistance trendline, looking for confirmation of the breakout. A successful breakout above the Descending Channel could result in a swift upward movement, providing significant returns for those who position themselves ahead of the move. The combination of a clear technical setup, strong volume, and growing investor interest makes JUVUSDT a prime candidate for those seeking high-potential trades. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
GBPUSD - Down We Go!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈GBPUSD has been overall bullish, trading within the rising channel marked in red. However, it is currently retesting the upper bound of the channel which lines up perfectly with the resistance zone marked in blue. 📉As per my trading style, as long as the resistance zone holds, I will be looking for sell setups on lower timeframes. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
16
GBPUSD Is Very Bullish! Buy! Take a look at our analysis for GBPUSD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.263. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.267 level soon. 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. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
EUR/USD: Navigating Supply Zones and Future TrendsThis morning, the EUR/USD pair opened at 1.05279, experiencing an initial push before retreating to around 1.04700. As I draft this analysis, the market is exhibiting a rejection spike, indicating volatile trading conditions. Currently, the price is lingering within a supply zone established last week, where we witnessed a notable bearish impulse followed by a sharp bullish reversal leading us to our present levels. In the absence of significant macroeconomic updates or policy news to influence the currency markets, we will be closely observing any developments surrounding tariffs and the US's stance on European security as they unfold this week. Additionally, the upcoming PCE inflation figures from the United States, scheduled for release on Friday, will be under the scrutinization of Federal Open Market Committee (FOMC) officials, as usual. Our outlook remains robust, as we anticipate a potential bearish trend in the market. The current price resides within a supply area, supported by the latest Commitment of Traders (COT) report, which indicates a bullish sentiment among retail traders. Furthermore, our forecasting indicators suggest a looming bearish trend, consistent with patterns observed over the past decade during this timeframe. We are positioning ourselves for a bearish week ahead. ✅ 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.
Short
by FOREXN1
3
EURO LIFTS POST-GERMAN VOTE—BUT USD BITES BACKEURO LIFTS POST-GERMAN VOTE—BUT USD BITES BACK FX:EURUSD (1/9) Good morning, Tradingview Fam! Germany’s election—Merz and CDU on top—gave the euro a quick jolt, up 0.44% to $1.0507 📈🔥. Markets dig the stability vibe, but it’s fading fast—let’s unpack this tussle! 🚀 (2/9) – ELECTION SPARK • Euro Bump: Hit $1.0530 overnight—election cheer 💥 • Markets: DAX futures up 1.2%, EUROSTOXX 50 +0.66% 📊 • Fade: Now at $1.0480—USD’s flexing back Brief lift—stability’s sweet, but not sticky! (3/9) – TECH TELLTALE • Resistance: $1.0500-1.0510 wall holds firm 🌍 • Support: $1.0470 pivot, then $1.0440 if it slips 🚗 • Charts: Double top whispers at $1.0530 🌟 Traders on X see a retreat—bearish juice brewing? (4/9) – USD PUSHBACK • Jobless Claims: Weak last week, USD softened a tad 📉 • Fed: No rush to cut—rates steady, Nvidia looms • Muscle: Dollar’s clawing back—ballast holds AMEX:USD ’s got grit—euro’s nudge ain’t enough! 🌍 (5/9) – RISKS IN PLAY • Volatility: PMI data, Nvidia earnings stir the pot ⚠️ • Sentiment: X split—liquidity grab or bear turn? 🏛️ • Levels: Below $1.0470 opens $1.0390 risk 📉 Quick sprint—can euro keep the pace? (6/9) – SWOT: STRENGTHS • Election Lift: CDU win sparks euro hope 🌟 • Markets: European futures pop—optimism flows 🔍 • Cash: $1.0530 peak shows buyer guts 🚦 Euro’s got some spark—briefly lit! (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES • Weaknesses: $1.0510 cap, USD fights back 💸 • Opportunities: PMI beats could push $1.0600 🌍 Will euro dodge the dollar’s jab? (8/9) – Euro’s election bump—what’s your call? 1️⃣ Bullish—Stability wins out. 2️⃣ Neutral—Blip, not a trend. 3️⃣ Bearish—USD takes the ring. Vote below! 🗳️👇 (9/9) – FINAL TAKEAWAY Euro spiked to $1.0507 on Germany’s vote—CDU’s steady hand 🌍🪙. Now $1.0480—USD’s got claws. Resistance bites, downside looms—blip or bust?
by DCAChampion
XAUUSD strong analysis It looks like you've uploaded an image of a technical analysis chart for XAU/USD (Gold Spot vs. USD). If you're asking for a disruption or critique of the analysis, here are some points to consider: 1. Resistance Zones Might Not Hold – The strong resistance and resistance levels marked could break if there's strong bullish momentum. Historical resistance is important, but news events or institutional orders could push through. 2. Support Might Not Be Strong – The support level identified might not hold if there's a strong bearish move. A break below this could lead to further downside. 3. Alternative Scenarios – Instead of assuming a range-bound movement between support and resistance, consider: A breakout above resistance leading to a continuation rally. A breakdown below support leading to a deeper correction. A fake-out scenario where price breaks a level but reverses sharply. 4. Fundamental Factors Missing – The analysis lacks mention of economic data, Fed decisions, or geopolitical factors that significantly impact gold prices. 5. Volume Confirmation? – There’s no mention of volume, which can confirm whether these support and resistance levels are strong
FOREXCOM:XAUUSDLong
by Fx_Oliviaa
EUR/USD Chart Analysis: Exchange Rate Hits Highest LevelEUR/USD Chart Analysis: Exchange Rate Hits Highest Level Since Early February The EUR/USD chart shows the euro rising above its previous February peak of 1.05155, set on the 14th. On one hand, the euro's strength is driven by Germany’s national elections over the weekend, where the opposition conservatives, led by Friedrich Merz, secured victory as expected. Investors are now focused on how quickly Merz’s party can form a coalition government to implement much-needed economic reforms. On the other hand, the US dollar index has fallen to its lowest level since mid-December. According to Reuters, the dollar’s weakness is influenced by: → Shifting market perceptions of its value amid Trump’s tariff policies in global trade. → Declining US Treasury yields due to expectations of further Fed rate cuts in 2025. Technical Analysis of EUR/USD Chart Price movements form an upward channel (marked in blue), but the red arrow highlights bearish activity near resistance levels at: → The yearly high around 1.05333. → The median line of the channel. Given the lower liquidity at the start of trading, the initial breakout above the psychological 1.05000 level may have been false. Potential bearish pressure could push EUR/USD towards a support zone, including: → The 1.0400 level. → The lower boundary of a broader channel (marked in orange). If bulls intend to maintain their February momentum, signs of buying activity may emerge near the lower boundary of the blue channel. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
USD/JPY Bearish Breakdown: Eyes on 148.39 Support! USD/JPY Technical Analysis – February 24, 2025 USD/JPY continues its bearish momentum, having already broken below 149.67, confirming further downside pressure. The price is now stabilizing around 149.33, and as long as it remains below the 151.04 resistance, the bearish trend is intact. A further drop toward the 148.39 support zone is now likely, with an extended bearish target at 147.82. However, a potential correction toward 151.04 - 151.79 could occur before continuing downward. If USD/JPY reclaims 151.04, it could become volatile and attempt a push toward 151.79 before deciding on the next direction. Key Levels to Watch: Pivot Point: 149.678 Resistance Levels: 151.04, 151.79, 152.64 Support Levels: 148.39, 147.82, 146.33 📉 Directional Bias: Bearish continuation expected toward 148.39 - 147.82 as long as below 149.67 💬 Will USD/JPY reach 148.39 next, or will it retrace before another drop? Let’s watch the price action! 🚀🔥
Short
by SroshMayi
2
Market Analysis: NZD/USD Holds Strong—Are More Gains Ahead?Market Analysis: NZD/USD Holds Strong—Are More Gains Ahead? NZD/USD is also rising and could aim for a move above the 0.5800 resistance. Important Takeaways for NZD/USD Analysis Today - NZD/USD is consolidating above the 0.5720 support. - There is a key bullish trend line forming with support at 0.5735 on the hourly chart of NZD/USD at FXOpen. NZD/USD Technical Analysis On the hourly chart of NZD/USD on FXOpen, the pair also followed AUD/USD. The New Zealand Dollar formed a base above the 0.5675 level and started a decent increase against the US Dollar. The pair climbed above the 0.5720 resistance. It tested the 0.5775 resistance before there was a pullback. The recent low was formed at 0.5734 and the pair is again rising above the 50-hour simple moving average. It cleared the 0.5750 resistance and the 50% Fib retracement level of the downward move from the 0.5772 swing high to the 0.5734 low. The NZD/USD chart suggests that the RSI is back above 50 signaling a positive bias. On the upside, the pair is facing resistance near the 76.4% Fib retracement level of the downward move from the 0.5772 swing high to the 0.5734 low at 0.5762. The next major resistance is near the 0.5775 level. A clear move above the 0.5775 level might even push the pair toward the 0.5800 level. Any more gains might clear the path for a move toward the 0.5880 resistance zone in the coming days. On the downside, there is a support forming near the 0.5750 zone. If there is a downside break below the 0.5750 support, the pair might slide toward 0.5735. There is also a key bullish trend line forming with support at 0.5735. Any more losses could lead NZD/USD in a bearish zone to 0.5695. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
Market Analysis: AUD/USD Holds Strong—Are More Gains Ahead?Market Analysis: AUD/USD Holds Strong—Are More Gains Ahead? AUD/USD is attempting a fresh increase from the 0.6350 support. Important Takeaways for AUD/USD Analysis Today - The Aussie Dollar found support at 0.6300 and recovered higher against the US Dollar. - There is a connecting bullish trend line forming with support at 0.6365 on the hourly chart of AUD/USD at FXOpen. AUD/USD Technical Analysis On the hourly chart of AUD/USD at FXOpen, the pair formed a base above 0.6300. The Aussie Dollar started a decent increase above the 0.6350 resistance against the US Dollar, as mentioned in the previous analysis. The pair even cleared 0.6400 before there was a minor pullback. The recent low was formed at 0.6351 and the pair is again rising. The bulls pushed the pair above the 50% Fib retracement level of the downward move from the 0.6408 swing high to the 0.6351 low. However, the pair is still below the 50-hour simple moving average. On the upside, the AUD/USD chart indicates that the pair is now facing resistance near the 0.6385 zone. It is close to the 61.8% Fib retracement level of the downward move from the 0.6408 swing high to the 0.6351 low. The first major resistance might be 0.6395. An upside break above the 0.6395 resistance might send the pair further higher. The next major resistance is near the 0.6410 level. Any more gains could clear the path for a move toward the 0.6450 resistance zone. If not, the pair might correct lower. Immediate support sits near the 0.6365 level. There is also a connecting bullish trend line forming with support at 0.6365. The next support could be 0.6350. If there is a downside break below the 0.6350 support, the pair could extend its decline toward the 0.6330 zone. Any more losses might signal a move toward 0.6300. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
Bearish drop?US Dollar Index (DXY) has rejected off the pivot and could drop to the 1st support that line sup with the 161.8% Fibonacci extension. Pivot: 107.49 1st Support: 105.44 1st Resistance: 108.67 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:DXYShort
by ICmarkets
2
Potential bullish rise?The Fiber (EUR/USD) has bounced off the pivot which is a pullback support and could rise to the 1st resistance which has been identified as a pullback resistance. Pivot: 1.0402 1st Support: 1.0293 1st Resistance: 1.0601 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.
Long
by ICmarkets
2
Heading into pullback resistance?The Cable (GBP/USD) is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support. Pivot: 1.2768 1st Support: 1.2496 1st Resistance: 1.3037 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
World gold price today"Gold's increase over the past two months has exceeded the normal trend, so there may be a correction. However, I think this decline will only be short-lived and insignificant. The reasons why investors buy gold are still there, while North American investors have not increased strongly." "Gold reached a record high of nearly 2,955 USD/ounce on February 20. However, technically, it is starting to show signs of being susceptible to a downward correction. The increase of more than 13% from the beginning of the year until now may cause investors to falter and slow down their buying momentum." The world gold market continues to fluctuate strongly due to the impact of President Donald Trump's policies. Kitco News' latest weekly gold survey results show that industry experts are cautious about the yellow metal's short-term prospects. Meanwhile, retail traders are optimistic, with prices forecast to continue rising this week.
OANDA:XAUUSDShort
by FalCol_TradingMaster
Could the price bounce from here?USD/JPY is falling towards the pivot and could bouncer to the pullback resistance. Pivot: 149.28 1st Support: 146.90 1st Resistance: 151.23 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.
Long
by ICmarkets