EURUSD Trading Opportunity! SELL!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0386 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0342
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.
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WISH YOU ALL LUCK
Forex
AUDJPY My Opinion! SELL!
My dear followers,
This is my opinion on the AUDJPY next move:
The asset is approaching an important pivot point 96.402
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 95.587
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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CADCHF What Next? SELL!
My dear followers,
I analysed this chart on CADCHF and concluded the following:
The market is trading on 0.6370 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.6310
Safe Stop Loss - 0.6403
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EURUSD Trading Opportunity! BUY!
My dear subscribers,
This is my opinion on the EURUSD next move:
The instrument tests an important psychological level 1.0317
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0393
My Stop Loss - 1.0274
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
The EUR/USD pair has been moving in a range-bound and choppy manner over the past week. However, as long as the price does not break below the identified support level, we expect it to rise at least toward the specified target zone.
A break above the key resistance area could provide a buying opportunity, signaling a potential continuation of the bullish trend. If this resistance is breached, further upside movement may be expected.
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EURCAD: has bottomed and turned bullish.EURCAD is on a neutral 1D technical outlook (RSI = 45.274, MACD = -0.003, ADX = 32.435) as it rebounded on the bottom of the inner Channel Up, a pattern inside the 1 year Channel Up. If the price crosses over the 1D MA50, it validates the extension of this bullish wave. In that case, the trade will be long, aiming at a symmetric +2.90% increase (TP = 1.51500) like the previous wave.
See how our prior idea has worked out:
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USDJPY - Trendline reached, watching the FVGThe price has recently reached and reacted to a significant descending trendline that has been acting as resistance since mid-January 2025. The current interaction with this trendline around 154.00 is particularly noteworthy as it coincides with a short-term pullback.
Below the current price action, there's a Fair Value Gap (FVG) marked by the orange box approximately at the 153.00 level. This FVG represents an inefficiency in price that often tends to get filled. Should the price pull back to this zone, it could present an interesting long opportunity for traders for several reasons:
1) The FVG zone could act as support, as these areas often attract price action
2) The pullback would allow for a better risk-reward ratio for potential longs
3) The recent upward momentum from the early February lows suggests underlying strength
For traders considering long positions, the FVG zone would be the key area to watch for potential entries.
AUDJPY - Deeper pullback or retesting strong support?These are the 2 scenarios that I see for AUDJPY on the 4h timeframe.
Scenario 1 - Deeper Pullback and Continuation:
In this scenario, the price could initially drop further from current levels around 96.24, potentially reaching the 95.50 area, forming a deeper pullback. This move would shake out some weak longs and create a stronger base for the next move up. After this deeper correction, the pair could find strong buying interest and initiate a significant bounce, potentially targeting the recent highs around 98.50-99.00. This scenario would align with the overall consolidation pattern we've seen in recent months.
Scenario 2 - Orange Box Retest:
The alternative scenario shows price moving down to retest the orange box support zone around 94.00. This would represent a more bearish development, as it would mean breaking below the recent swing lows. The orange box appears to be a significant support area, and reaching this level could trigger one of two responses: either a strong bounce from this major support zone, or if the support breaks, it could lead to a more substantial decline. The reaction at this zone would be crucial for determining the pair's medium-term direction.
Both scenarios suggest some downside in the near term, with the key difference being the depth of the pullback and the subsequent reaction at these lower levels.
DXY Will Go Higher From Support! Buy!
Here is our detailed technical review for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 107.865.
The above observations make me that the market will inevitably achieve 110.063 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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BITCOIN Will Go Up From Support! Long!
Take a look at our analysis for BITCOIN.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 95,942.4.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 99,724.2 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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NZDCAD Will Go Down! Short!
Here is our detailed technical review for NZDCAD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.805.
Considering the today's price action, probabilities will be high to see a movement to 0.803.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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USDCHF to find buyers at market price?USDCHF - 24h expiry
Levels close to the 78.6% pullback level of 0.9151 found sellers.
We expect a move lower in a corrective sequence, targeting Fibonacci retracement levels.
Buying continued from the 50% pullback level of 0.9083.
We look to buy dips.
Offers ample risk/reward to buy at the market.
We look to Buy at 0.9083 (stop at 0.9058)
Our profit targets will be 0.9153 and 0.9168
Resistance: 0.9115 / 0.9140 / 0.9156
Support: 0.9089 / 0.9070 / 0.9055
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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BTC (BITCOIN) IDEA IS HERE Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of BTCUSDT ( BITCOIN ) in 30-M TF
This chart shows Bitcoin’s price movement over time.
The Pattern: The price is moving inside a triangle shape, getting squeezed between two lines.
Resistance Zone: Bitcoin tried to go above $97,000 but got pushed down
RESISTANCE LEVEL. 96800/97000
TARGET WILL BE. 94000
If the price breaks below the lower line of the triangle, it may fall further, possibly to $94,000 or lower..
XAUUSD TODAY'S MAPPING IS HERE Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of XAUUSD ( GOLD ) in 15-M TF
Ascending triangle pattern: Trendlines indicating higher lows and a horizontal resistance level.
Breakout and retest: The price has broken above the resistance and appears to be retesting the breakout level.
Trade setup:
Entry Level: Near the breakout retest point.
Take-profit: Near 2951
Stop-loss: Around 2900
This analysis indicates a bullish sentiment, expecting gold to rise further if the breakout holds.
USOIL Will Go Lower! Sell!
Please, check our technical outlook for USOIL.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 73.038.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 70.781 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
Silver Prices Soar on Electrification DemandSilver rose above $32 per ounce, nearing a three-month high with high demand in the electrification sector, offsetting concerns over a hawkish Fed. The US ISM manufacturing PMI's unexpected rebound improved the manufacturing outlook, while China, India, and Indonesia encouraged investments in solar and wind power. Meanwhile, the US inflation data reduced expectations for lower Fed borrowing costs, increasing the opportunity cost of holding precious metals.
The first resistance level will be 32.50 level. In case of this level’s breach, the next levels to watch would be 33.00 and 33.50. On the downside, 31.40 will be the first support level. 30.90 and 30.20 are the next levels to observe if the first support level is breached.
Gold Near Peak Level Despite Fed HawkishnessGold prices remained near a record high above $2,900 per ounce, as investors turned to trusted assets with rising trade tensions and economic uncertainty. The White House announced that Trump’s reciprocal tariffs could be introduced as early as Thursday, following his 25% tariff on steel and aluminum imports. These add to existing tariffs, including 10% on Chinese goods and 25% on Canadian and Mexican imports, though the latter are paused. Meanwhile, U.S. inflation data exceeded expectations, reinforcing the Fed’s cautious stance on rate cuts and weighing on gold’s appeal.
Technically, resistance stands at 2,949, with further levels at 2,975 and 3,000. Support is at 2,885, followed by 2,830 and 2,760 if declines continue.
GBP/USD Supported by Peace Deal HopesThe GBP/USD traded at $1.246, holding steady with global market optimism. The pound found support from peace deal hopes between Ukraine and Russia but struggled against a stronger U.S. dollar, supported by rising Treasury yields and recent inflation data. The Federal Reserve’s cautious approach to rate cuts has kept the dollar firm, while UK economic concerns, including a potential GDP contraction, weigh on the pound. With upcoming U.S. PPI data, GBP/USD could face further pressure.
The first resistance level for the pair will be 1.2500. In the event of this level's breach, the next levels to watch would be 1.2600 and 1.2650. On the downside 1.2340 will be the first support level. 1.2265 and 1.2100 are the next levels to monitor if the first support level is breached.
Euro Gains Ground on Ukraine Peace TalksThe EUR/USD traded at $1.04 on Thursday, gaining 0.1% for the day after rebounding from earlier declines. The euro found support amid optimism over a potential peace agreement between Ukraine and Russia, spurred by encouraging progress in diplomatic discussions. Despite rising U.S. Treasury yields strengthening the dollar, the euro remained steady.
U.S. inflation data exceeded expectations, tempering hopes for Federal Reserve rate cuts. While the dollar stays relatively strong, the euro’s stability suggests it could hold firm against the greenback. Moving forward, U.S. monetary policy and geopolitical events will be key factors influencing EUR/USD.
From a technical standpoint, the first resistance level is at 1.0460, with further resistance at 1.0515 and 1.0600 if the price breaks higher. On the downside, initial support is at 1.0350, followed by additional levels at 1.0275 and 1.0220.
Yen Below 154, Rate Cut Bets ReducedThe Japanese yen weakened past 154 per dollar, hitting its lowest level in over a week, as strong U.S. inflation data prompted traders to scale back expectations for further Federal Reserve rate cuts. Markets now anticipate just one quarter-point reduction this year. Meanwhile, Bank of Japan Governor Kazuo Ueda provided no clear indication regarding future interest rates, reaffirming the BOJ's commitment to its current policy. However, BOJ board member Naoki Tamura hinted at a possible rate hike in the latter half of fiscal 2025.
The key resistance level is at 154.90, with a break above potentially opening the door to 156.00 and 157.00. On the downside, initial support stands at 151.90, followed by 151.25 and 149.20 if the decline continues.