NZDUSD Will Go Up From Support! Long!
Please, check our technical outlook for NZDUSD.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.559.
Considering the today's price action, probabilities will be high to see a movement to 0.566.
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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Forex
GBPUSD Will Go Lower! Short!
Here is our detailed technical review for GBPUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.257.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.235 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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USOIL BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
USOIL downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 73.32 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the USOIL pair.
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NZD/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 86.006 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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CHF/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
CHF/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 165.981 area.
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EUR/USD: Is History Repeating? Key Levels to Watch NowHey Realistic Traders, Will FX:EURUSD Repeat its Bearish Cycle? Let’s dive into the analysis...
On the H4 chart, EUR/USD is trading below the 200-day EMA once again, signaling that the bearish trend is still in play. This downward movement has been reinforced by a rising wedge breakout, a common pattern that often leads to further declines.
Just a few days ago, we spotted a similar bearish breakout in FX:EURUSD , which resulted in a continued drop. As traders, we follow the Dow Theory principle: "History Repeats Itself ." Based on this idea, we expect the price to follow the same pattern, keeping the bearish momentum intact.
Looking ahead, EUR/USD could move lower toward the first target at 1.02861 and, if selling pressure continues, potentially reach the second target at 1.02205. These targets are based on previous price movements and key historical support levels.
However, this bearish scenario depends on the price staying below the critical stop-loss level at Stop Loss 1.05039
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Disclaimer: “Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on FX:EURUSD ”.
Gold price update: Sharp decline from all-time high!Dear friends!
Global gold prices have fallen to their lowest level in over a week, driven by the strengthening U.S. dollar. Investors are closely watching key inflation data, which could provide important clues about the Federal Reserve’s monetary policy. Meanwhile, the U.S. dollar has risen by 0.2%, pushing the USD Index (.DXY) further away from its 11-week low. This appreciation makes gold more expensive for investors holding other currencies.
On the other hand, U.S. President Donald Trump has raised hopes of a one-month delay in imposing higher tariffs on imports from Mexico and Canada, while also proposing a 25% tariff on European automobiles and goods. This uncertainty has driven investors toward the U.S. dollar, adding further pressure on gold prices, which were already facing profit-taking pressure after reaching record highs.
EURUSD: Bearish Wave Continues to Dominate!EURUSD continued its downward trajectory on Thursday, losing nearly 0.9% and slipping below the key 1.0400 support level for the first time in nearly two weeks. The decline was driven by strong USD buying pressure across the market.
The U.S. Dollar Index (DXY) reclaimed the 107.00 level, reaching a fresh six-day high, supported by a modest uptick in both U.S. and German bond yields. The dollar’s strength reflects ongoing concerns over U.S. tariffs and fresh doubts about the health of the U.S. economy, following weaker-than-expected economic data in recent days. These factors have weighed heavily on EURUSD.
From a technical perspective, the pair has broken below an ascending trendline, confirming a shift in momentum towards the downside. This reinforces the bearish outlook, as no clear bottom formation has been established yet. If EURUSD stages a recovery, it is likely to encounter resistance near the confluence zone of the EMA 34, EMA 89, and the newly formed resistance area, which could trigger renewed selling pressure. For now, the bearish bias remains intact, with further downside potential unless a decisive recovery above the resistance zone materializes.
GBPUSD: The trend of discounts prevails?Hello everyone, great to have you back for today's discussion on GBPUSD!
Currently, GBPUSD has extended its decline, trading below 1.2600 as market pressure intensifies. Risk sentiment has worsened following a series of U.S. economic data releases, which indicate weakness in the overall U.S. economy while also signaling a persistent rise in core inflationary pressures.
From a technical standpoint, the pair has broken below the ascending trendline, confirming a bearish breakout. The bearish momentum remains strong, with no clear signs of a bottom forming yet. If GBPUSD stages a corrective pullback, it is likely to face resistance around the 0.5-0.618 Fibonacci retracement zone, which aligns with the confluence of EMA 34, EMA 89, and the newly established resistance area. This setup could reinforce selling pressure, making it a key level to watch.
EURUSD Under Pressure! SELL!
My dear friends,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0488 pivot level.
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 - 1.0411
Recommended Stop Loss - 1.0535
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
NATGAS Massive Short! SELL!
My dear subscribers,
My technical analysis for NATGAS is below:
The price is coiling around a solid key level - 4.257
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 3.892
My Stop Loss -4.468
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
APPLE Buyers In Panic! SELL!
My dear followers,
This is my opinion on the APPLE next move:
The asset is approaching an important pivot point 245.60
Bias - Bearish
Safe Stop Loss - 251.37
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 235.33
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
ETH/USD Range Strategy: Key Levels for TradingThe provided content appears to be a snapshot of a TradingView chart for the Ethereum (ETH) to U.S. Dollar (USD) pair, dated February 28, 2025. Here’s an analysis and a potential trading idea based on the information:
### Analysis:
1. **Price Levels**: The chart shows Ethereum's price ranging from a low of around 1,200.00 to a high of 3,800.00. The current price seems to be fluctuating within this range, indicating potential support and resistance levels.
2. **Trend**: The chart spans several months, showing periods of volatility and consolidation. The price has experienced significant movements, suggesting that Ethereum is subject to strong market sentiment and external factors.
3. **Support and Resistance**: Key support levels are visible around 1,500.00 and 2,000.00, while resistance levels are around 3,400.00 and 3,800.00. These levels are crucial for identifying potential entry and exit points.
4. **Time Frame**: The data spans from March of one year to November of the next, indicating a medium to long-term analysis window.
**Description**:
- **Entry Point**: Consider entering a long position near the 2,000.00 support level with confirmation from bullish indicators. For a short position, consider entering near the 3,400.00 resistance level with bearish confirmation.
- **Stop Loss**: Place a stop loss just below the 1,800.00 level for long positions or above the 3,600.00 level for short positions.
- **Take Profit**: Aim for a take profit level near the 3,000.00 resistance for long positions or the 2,200.00 support for short positions.
- **Risk Management**: Ensure proper risk management by not risking more than 1-2% of your trading capital on this trade.
This strategy leverages the current range-bound movement of Ethereum, providing clear guidelines for entering and exiting trades based on key support and resistance levels. It also emphasizes the importance of risk management to protect your capital.
ETHEREUM MASSIVE LONG|
✅ETHEREUM is set to retest a
Strong round support level below at 2000$
After trading in a strong downtrend from some time
Which makes a bullish rebound a likely scenario
With the target being a local resistance above at 2531$
LONG🚀
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USD/CHF Approaching Key Resistance – Potential Reversal Ahead?Analysis & Description:
The USD/CHF pair is currently testing a **strong resistance zone**, which previously acted as a significant **supply area**. Price has approached this **key level**, and a potential **rejection** could lead to a bearish move.
#### **Key Observations:**
✅ **Resistance Area (Supply Zone):** Price is retesting a previously respected **resistance** zone.
✅ **Bearish Setup:** If the price fails to break above the **0.90607 level**, a **reversal** could take the pair lower toward the **target area**.
✅ **Volume Confirmation:** Increasing volume near resistance indicates potential selling pressure.
### **Trading Plan:**
📉 **Bearish Scenario:**
- A rejection at **resistance** could lead to a move down toward **0.89267**, aligning with previous support.
- **Stop-loss** can be placed above **0.90607** in case of a breakout.
⚠️ **Bullish Risk:**
- If the price **breaks and holds above the resistance**, the bearish setup could be invalid, and further upside may occur.
### **Final Thought:**
USD/CHF is at a **crucial decision point**. Traders should **watch price action closely** for confirmation of either a **breakout or a rejection** before making a move! 🚨📊
EUR/USD Potential Rebound – Short-Term Buy Opportunity?Analysis & Description:
The EUR/USD pair has experienced a strong bearish move, pushing the price down to a key support zone near the lower Bollinger Band. A potential bounce-back scenario is forming, as indicated by the setup.
Key Observations:
✅ Bollinger Band Support: Price touched the lower band, suggesting a possible short-term reversal.
✅ Recovery Setup: The chart outlines a bullish recovery with a target around 1.04128 - 1.04169.
✅ Risk-Reward Setup: Stop-loss positioned below the recent low to manage risk effectively.
Trading Plan:
📈 Bullish Scenario:
A successful hold of the support zone could lead to a move toward 1.04169, marking a possible short-term bullish opportunity.
⚠️ Bearish Risk:
If the price breaks below the recent low, the bullish idea could be invalidated, leading to further downside.
Final Thought:
EUR/USD might see a temporary relief rally after the recent drop. A cautious long entry near support could be an opportunity, but traders must manage risk carefully! 🚀📊
EUR/GBP Breakdown – More Downside Ahead? Local Short! SellAnalysis & Description:
The EUR/GBP pair is showing bearish momentum, having broken below a key horizontal resistance zone, confirming a potential downtrend continuation.
Key Observations:
✅ Break & Retest Pattern: The price has broken below the previous support (now resistance) and is retesting it before further downside.
✅ Bearish Structure: Lower highs and lower lows indicate a continuation of the downtrend.
✅ Target Level: The next bearish target is marked around 0.82441, aligning with previous support.
Trading Plan:
📉 Bearish Bias:
A successful rejection from the resistance zone could provide a selling opportunity targeting 0.82441 and lower.
⚠️ Bullish Invalidations:
If the price reclaims 0.82760, it could signal a fakeout and potential bullish reversal.
Final Thought:
EUR/GBP is in a clear bearish trend, and a rejection from the resistance zone could trigger a further decline toward the 0.82441 level. Stay cautious of any false breakouts! 📉🔥
AUD-JPY Bearish Breakout! Sell!
Hello,Traders!
AUD-JPY is trading in a
Downtrend and the pair
Made a bearish breakout
Of the key horizontal
Level of 94.025 and the
Breakout is confirmed so
We are bearish biased
And we will be expecting
A further move down
Sell!
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