EURCAD – Bullish Continuation Toward 1.49730OANDA:EURCAD has broken above a key resistance zone around 1.49000, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook.
With momentum favoring the upside, the next logical target is 1.49730, aligning with the upper boundary of the ascending channel. As long as the price remains above the 1.49000 support, the bullish bias stays intact.
If you agree with this analysis or have additional insights, feel free to share your thoughts here!
Forexsignals
audjpy analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Gold buy target This chart represents a trade setup for Gold Spot (XAU/USD) on a 2-hour timeframe using technical analysis. The analysis includes key trading levels:
Entry Point (Yellow - 2,938.690): The planned entry price for a buy (long) position.
Stop Loss (Red - 2,927.485): The price level to limit losses if the trade goes against the trader’s expectation. If the price drops to this level, the position will be automatically closed to prevent further losses.
Target (Blue - 2,962.046): The price level where the trader aims to take profit. If the price reaches this level, the position will be closed to secure gains.
Analysis & Strategy:
The setup anticipates a bullish move, expecting the price to rise from the entry level to the target.
The stop loss is placed below a support zone to minimize downside risk.
If the price respects support and bounces, the trade aims to capture a significant upward move toward the target price.
The risk-to-reward ratio appears favorable, meaning potential profits outweigh the risk taken.
This setup follows a technical breakout or reversal strategy, aiming to capitalize on a potential price increase in gold.
Gold will touch $3000In a comment to Kitco News, Chris Mancini - Portfolio Manager of Gabelli Gold Fund (GOLDX) - said that Western investors are pouring into gold ETFs to hedge against economic or inflation risks due to the impact of tariffs. He also emphasized that investment demand still has room to continue to increase.
"Gold is acting as a hedge against the devaluation of the USD and other currencies," he said. “Tariff measures could accelerate this process as global commodity prices rise. In addition, if global central banks (including the US Federal Reserve - FED) reduce interest rates or pump money to combat economic weakness, prices will tend to increase, making gold more attractive to investors.
"The buyers still show no signs of slowing down and this week continues to be a strong candle on the weekly chart. I think there is a high possibility that gold will reach the 3,000 USD/ounce mark in the near future, but there can also be big fluctuations around that level."
Heading into 61.8% Fibonacci resistance?EUR/GBP is rising towards the resistance level which is a pullback resistance that aligns with the 61.% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.8318
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.8353
Why we like it:
There is a pullback support level that is slightly below the 50% Fibonacci retracement.
Take profit: 0.8264
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish rise?AUD/JPY is falling towards the support level which is a pullback support that lines up with the 61.8% Fibonacci projection and could bounce from this level to our take profit.
Entry: 94.65
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci projection.
Stop loss: 93.88
Why we like it:
There is a pullback support level that lines up with the 78.6% Fibonacci projection.
Take profit: 96.15
Why we like it:
There is an overlap resistance level that is slightly below the 61.8% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Potential bearish drop?AUD/CAD has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.9063
Why we like it:
There is a pullback resistance level.
Stop loss: 0.9098
Why we like it:
There is a resistance level at the 100% Fibonacci projection.
Take profit: 0.9006
Why we like it:
There is an overlap support level that aligns with the 50% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Weekly Forex Market Analysis:EURUSD– Issue 200The analyst predicts that the EUR/USD rate will increase within the time specified on the countdown timer. This prediction is based on a quantitative analysis of the price trend
___Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Weekly Forex Market Analysis:GBPUSD– Issue 200The analyst predicts that the GBP/USD rate will increase within the time specified on the countdown timer. This prediction is based on a quantitative analysis of the price trend
___Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Bullish bounce?NZD/CAD is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.8137
Why we like it:
There is an overap support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.8103
Why we like it:
There is a pullback support level that lines up witht he 61.8% Fibonacci retracement.
Take profit: 0.8195
Why we like it:
There is a pullback resistance level that aligns with the 161.8% Fibonacci extension.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDNZD: Potential Buy Opportunity at Key Support LevelOANDA:AUDNZD is approaching a significant support zone. This zone has consistently acted as a key area of interest where buyers regained control, leading to notable reversals in the past. The current moves suggests the potential for a bullish reaction if price action confirms rejection through signals such as bullish engulfing candles, long lower wicks, or increased buying volume.
If the support holds, I anticipate a move upward toward the 1.10860 level, aligning with the expectation of a short-term reversal. However, if the price breaches this zone and sustains below it, the bullish outlook may be invalidated and we could potentially see a bigger downside.
Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Proper risk management is advised to navigate potential volatility. If you have any thoughts on this setup or additional insights, drop them in the comments!
Weekly Precious Metals Market Analysis:Silver (XAGUSD)-Issue 200The analyst believes that the price of XAGUSD will decrease within the time specified on the countdown timer. This prediction is based on a quantitative analysis of the price trend.
___Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
USDJPY Signal - 5 months support test 24.2.25148.60 to 152.70 range
Currently trading at 149.70
Support of 148.60-149.80 range is holding strong for the past 5 months.
Standard correction 300 pips up towards 152.70 makes sense following the expanding wedge pattern highlighted on the chart.
100 pip downside compared to 300 pip upside swing trade.
Make logical, timed, calculated action sticking to a plan and managing risk as top priorities.
GOOD LUCK!
EURUSD Will it follow Trump's 1st Term??The EURUSD pair made a market bottom on January 13 2025 and in recent trade, it has been consolidating above the 1D MA50 (blue trend-line). Interestingly enough, this is so far similar to the price action that preceded and followed Trump's 1st Term.
A 1D Death Cross took the market from the November 2016 elections to the January 2017 bottom. After a 1D RSI Double Top and Resistance rejection, the pair dropped again below the 1D MA50 (blue trend-line) but recovered to reach the 1D MA200 (orange trend-line) in end of March 2017 and initiate an aggressive Channel Up that peaked on the 1.618 Fibonacci extension from the September 2016 High.
If EURUSD continues to replicate Trump's Year 1 of his 1st Term, it is possible to see the price reach 1.19000 by the end of 2025, although of course we can't rely solely on repetitive patterns, but have to go along macro reports and policies one at a time.
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Gold bullish trend trap to sallers This is a technical analysis chart of Gold (CFDs on Gold, 1-hour timeframe) The chart features an ascending channel with clearly marked support and resistance zones. The support area is identified as a "buy zone," while the price target is set at 2950. Key price levels, such as 2,926.656, are highlighted, and the chart suggests a bullish trend continuation within the channel.
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
GBPZAR at Clear Resistance Zone - Will Sellers Step In?OANDA:GBPZAR has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control.
The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 23.1620 level, which represents a logical target within the current market structure.
This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure.
EURJPY Approaching Major Support – Will Buyers Step In?OANDA:EURJPY is approaching a significant support zone, highlighted by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in.
The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 160.000 level, a logical target based on past price behavior and structural confluence.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
Hellena | SPX500 (4H): LONG to 100% Fibo lvl 6214.4.Colleagues, I believe that the upward movement is not over yet and the lower and middle order wave “3” is not yet complete. This is a good chance to go long, but it should be remembered that even though a correction to the uptrend line is possible, I do not recommend selling.
The target area is the 6214.4 level area - this is slightly higher than the 100% Fibonacci extension level.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
CHFJPY: Pullback From Support 🇨🇭🇯🇵
CHFJPY looks bullish after a test of a key horizontal support.
As a confirmation, I identified a double bottom pattern
on an hourly.
Its neckline was violated with the market opening today.
I believe that the pair will continue rising at least to 167.0 level.
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