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#AUDUSD 1 DAYAUD/USD 1-Day Chart Analysis: The AUD/USD 1-day chart has experienced a trendline breakdown, signaling a shift from bullish to bearish momentum. After a sustained upward movement, the price has broken below the ascending trendline, indicating that sellers are gaining control and the trend is likely to reverse. Forecast: Sell once the price confirms the breakdown below the trendline, suggesting a continuation of the downward move. - This breakdown signals the potential for further selling pressure, as the price is expected to move lower after the trendline is breached. - Look for confirmation through bearish price action or increased selling volume to strengthen the sell signal. Let me know if you need any modifications!
Short
by PIPSFIGHTER
#GBPUSD 2HGBP/USD 2-Hour Chart Analysis: The GBP/USD 2-hour chart is showing a bullish engulfing pattern at a key support level, indicating a potential reversal and buying opportunity. The bullish engulfing candlestick suggests that buyers have taken control after a period of selling pressure, reinforcing the importance of the support zone. Forecast: - Buy after the confirmation of the bullish engulfing pattern at the support level, signaling a likely upward movement. - The support zone is expected to hold, and the engulfing pattern suggests the beginning of a new bullish trend. - Additional confirmation through volume increase or further bullish price action can strengthen the buy signal. Let me know if you'd like any changes!
Long
by PIPSFIGHTER
#AUDCHF 1DAYAUD/CHF 1-Day Chart Analysis: On the AUD/CHF 1-day chart a bullish engulfing pattern or a strong order block has formed, signaling potential buying pressure. The engulfing candlestick suggests that buyers have overpowered sellers, indicating a possible reversal in the market. Similarly, the order block represents a zone where institutional buying has taken place, reinforcing a bullish outlook. Forecast: Buy after the formation of the bullish engulfing candle or once the price re-enters the order block zone. These patterns typically suggest that the price is ready to move higher, and buyers may push the market upward. Look for further confirmation through price action or volume increase to strengthen the buy signal. Let me know if you'd like any modifications!
Long
by PIPSFIGHTER
#GBPCHF 4HGBP/CHF 4-Hour Chart Analysis: The GBP/CHF 4-hour chart is currently forming a symmetrical triangle pattern, with the price moving within a tightening range. This pattern indicates indecision in the market, with the potential for a breakout in either direction. Traders should be prepared for a strong move once the price breaks out of the triangle. Forecast: -Buy if the price breaks above the resistance of the triangle and successfully retests the breakout level, signaling a continuation of the upward move. Sell if the price breaks below the support and retests the breakdown level, confirming a potential downward trend. Wait for confirmation of the breakout or breakdown with volume and candlestick patterns to avoid false signals. Let me know if you'd like any adjustments!
by PIPSFIGHTER
#GBPAUD 1HGBP/AUD 1-Hour Chart Analysis: On the GBP/AUD 1-hour chart, the price is approaching the channel resistance within a well-defined upward channel. The price has tested this resistance several times, and each rejection indicates the likelihood of a reversal from this level. Forecast: -Sell when the price approaches or rejects the channel resistance line, signaling a potential downward move. - This resistance level is expected to hold, making it a strong point for a sell opportunity. - Look for confirming signals such as bearish candlestick patterns or declining volume to support the reversal and continuation towards the lower end of the channel. Let me know if you’d like to make any changes!
Short
by PIPSFIGHTER
#EURUSD 1HEUR/USD 1-Hour Chart Analysis: On the EUR/USD 1-hour chart, the price has reached a key support level, signaling a potential area for a bullish reversal. The market has shown resilience at this level multiple times, indicating strong buying interest from traders. Forecast: - **Buy** near the support level, as the price is expected to bounce back from this zone. - This support level is likely to hold, making it a good entry point for a potential upward movement. - Watch for bullish price action, such as candlestick patterns or increased buying volume, to confirm the reversal and the continuation of the uptrend. You can adjust it to match your strategy as needed!
Long
by PIPSFIGHTER
1
#CADJPY 4HCAD/JPY 4-Hour Chart Analysis: The CAD/JPY 4-hour chart shows a trendline breakout, accompanied by a strong support level. After moving in a downtrend, the price has successfully broken above the descending trendline, indicating a shift towards bullish sentiment. Additionally, the price has found support at a key level, reinforcing the possibility of an upward move. Forecast: - Buy after the price confirms the breakout above the trendline and holds above the support level. - This breakout suggests a change in market direction, signaling a potential upward rally. - Look for further confirmation through volume and price action to validate the strength of the trend continuation. Let me know if you need any adjustments!
Long
by PIPSFIGHTER
#CHAJPY 2HCHF/JPY 2-Hour Chart: Pattern and Forecast On the CHF/JPY 2-hour chart, the price is nearing a key support level, with a bearish pattern suggesting potential downside movement. Support Zone: The pair is hovering around a notable support area that has held in previous sessions. A breakdown of this level would confirm the bearish sentiment. Forecast: A sell opportunity is forecasted as the market shows signs of weakness around the support zone. If the support level breaks, it could lead to further downward momentum, targeting lower price levels. Traders should monitor for confirmation before executing the sell trade to avoid false breakouts.
Short
by PIPSFIGHTER
Gold swing bull and bear read the caption price reached a fresh all-time high on Thursday, trading as high as $2,969.63 a troy ounce during American trading hours. Gold buyers gained confidence early in Asia as the poor performance of local shares fueled demand for safety. Demand for the bright metal was also backed by concerns about the United States (US) future government. Three weeks ahead of the election, polls show a tight vote intention between the two candidates, generating uncertainty
OANDA:XAUUSD
by Mrsam36
Gold swing bull and bear read the caption price reached a fresh all-time high on Thursday, trading as high as $2,969.63 a troy ounce during American trading hours. Gold buyers gained confidence early in Asia as the poor performance of local shares fueled demand for safety. Demand for the bright metal was also backed by concerns about the United States (US) future government. Three weeks ahead of the election, polls show a tight vote intention between the two candidates, generating uncertainty
OANDA:XAUUSD
by Mrsam36
#USDJPY 1DAYOn the daily chart of USDJPY, a potential bearish pattern has emerged, signaling a sell opportunity. The price is nearing a key support zone, which has been tested multiple times. If this support level breaks, it could trigger a stronger bearish move. The forecast suggests that further downside is possible if the price breaks below this support zone, potentially leading to lower levels. Traders should wait for confirmation through price action or other technical indicators before entering sell positions, with risk management strategies in place, such as setting stop-losses above recent highs. Keep an eye on market conditions and any news events that might influence the pair's movement.
Short
by PIPSFIGHTER
1
Gold (XAU) Technical AnalysisGold Daily Chart – Breakout from Descending Broadening Wedge The gold marketplace has damaged out of the descending broadening wedge sample at the each day chart. The charge keeps bullish momentum inside the ascending broadening wedge sample, with a goal variety of $2800-$3000. Gold 4-Hour Chart – Price Target of $2,745 On the 4-hour chart, the charge is breaking above the midline of the ascending channel. This charge power suggests the short-time period goal of $2,745, measured from the ascending channel resistance line. The RSI tactics the overbought region. Therefore, expenses would possibly consolidate earlier than the following rally. 💎 TVC:GOLD sell 2710 - 2712💎 ✔️TP1: 2690 ✔️TP2: 2680 ✔️TP3: OPEN 🚫SL: 2720 💎 TVC:GOLD buy 2690 - 2692💎 ✔️TP1: 2710 ✔️TP2: 2720 ✔️TP3: OPEN 🚫SL: 2683
TVC:GOLD
by FalCol_TradingMaster
US30 sell opportunityAt US30 Empire, we believe the US30 (Dow Jones) is primed for a drop based on several key technical indicators. Here’s why: 1. Stochastic Oscillator in Overbought Territory: The stochastic oscillator, a momentum indicator, is signaling that US30 is in an overbought zone. This suggests that the index may have risen too far, too fast, and is due for a correction. Historically, when the stochastic hits these levels, we see a pullback in price. 2. Trend Lines Indicate Resistance: Our trend lines, drawn from key highs and lows, show that the US30 is approaching a major resistance level. This resistance aligns with the index being at its highest price ever. Typically, markets struggle to break through strong resistance without a significant retracement first. 3. Pivot Points Signaling Reversal: Based on pivot point analysis, the US30 is sitting at a major pivot level. This level often acts as a turning point in price movement, and combined with other indicators, it suggests the potential for a reversal. 4. Support and Resistance Levels: The US30 is currently testing long-standing resistance levels. As price fails to break through, this creates a barrier that historically leads to a downside correction. These resistance levels, matched with the overbought stochastic, signal that sellers may soon take control. Overall, the combination of overbought stochastic levels, trend line resistance, pivot points, and price reaching historical highs makes a compelling case for the US30 to drop from here.
BLACKBULL:US30Short
by US30EMPIRE
EUR/USD Breakdown – Quick Bounce or Headed for a Wipeout?Alright, trading family, the EUR/USD pair is riding some choppy waters. A short bounce to 1.0809 might be in the cards, but don’t get too comfy—it could just be a quick breather before we dive back toward 1.0700 or even deeper to 1.0645 or 1.0580. Key Levels: Breakdown Zone: 1.0700 – Looks like the next wave if sellers keep control. Bounce Play: 1.0809 – Bulls might show up, but it could be a short ride. Lower Support: 1.0645 / 1.0580 – If the tide turns, this is where we might land. This is one of those "stay ready" moments—either we catch a quick rally or the tide pulls us lower. Keep an eye on those short time frames to catch the next set. What’s your vibe—are we bouncing or heading straight into the deep? Drop your thoughts, follow, and share if this chart got you set for the next move. Mindbloome Trader
Short
by Mindbloome-Trading
#EURJPY 1HEUR/JPY (1H) Analysis: Rectangle Support Pattern: EUR/JPY is forming a rectangle pattern on the 1-hour chart, with horizontal support acting as a strong base. The price has been bouncing between this support and a defined resistance, indicating consolidation within a range. The repeated tests of the support level suggest a strong area of buying interest. Forecast: BUY Currently, the price is near the lower boundary of the rectangle, presenting an opportunity to enter a buy trade. The rectangle support has held firm multiple times, signaling a potential bullish reversal from this level. A buy entry can be placed at or slightly above the support zone, targeting a move towards the upper boundary of the rectangle. Risk management can be employed by placing stop losses below the rectangle's support. Key factors to consider: - Clear rectangle support holding over multiple retests. - Potential for price to reverse and move toward the resistance. - Defined risk-to-reward with stops below the support and targets near the top of the range.
Long
by PIPSFIGHTER
#USDJPY 1HUSDJPY 1H Chart Analysis – Rising Wedge Pattern** On the 1-hour chart for USDJPY, a **Rising Wedge pattern** has emerged, signaling a potential bearish reversal. A rising wedge typically forms during an uptrend, with the price trading between two upward-sloping, converging trendlines. This pattern suggests that upward momentum is weakening, and a reversal to the downside may be on the horizon. #Forecast: -Sell once the price breaks below the lower trendline of the wedge. A confirmed breakdown indicates bearish momentum, suggesting that the market could move lower after this reversal pattern plays out. Traders should wait for a confirmed breakdown below the wedge's lower boundary, ideally with strong volume, to avoid false breakouts. Consider setting stop losses above the upper trendline and using key support levels as potential targets.
Short
by PIPSFIGHTER
2
This XAUUSD rally still seems to have a lot of momentum.According to the World Gold Council (WGC), the weakening USD was the main factor driving the XAUUSD higher, as the Fed's big rate cut caused the USD to decline significantly. Rising geopolitical risks with the worsening situation in the Middle East also boosted safe-haven buying. The biggest drag on XAUUSD last month was the "momentum factor". A higher XAUUSD in the previous month tends to put downward pressure on the price in the following month and vice versa. Other gold pairs also recorded strong gains.
TVC:GOLD
by NicoTradingMaster
#GBPCAD 1HHere’s a description for your GBP/CAD 1-hour chart analysis with a rising wedge pattern: --- GBP/CAD 1-Hour Chart Analysis: A rising wedge pattern is forming on the GBP/CAD 1-hour timeframe. This pattern typically signals a potential bearish reversal after a steady upward movement. The price is moving within the wedge's tightening range, indicating weakening bullish momentum. Forecast: -Sell when the price breaks below the lower support line of the wedge. - Once the support is breached, expect further downward movement, signaling a strong selling opportunity. - The breakout could lead to a significant decline, with potential for more selling as momentum picks up.
Short
by PIPSFIGHTER