Fri 7th Mar 2025 GBP/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CAD Sell. Enjoy the day all. Cheers. Jim
Forextrading
GBPUSD: Entered a volatility zone. Sell every spike is best.GBPUSD has turned overbought on its 1D technical outlook (RSI = 71.324, MACD = 0.009, ADX = 38.352) as it just hit the 0.618 Fibonacci retracement level of the September 2024 High. In the meantime, it has crossed over the 1D MA200. With the 1D RSI overbought, the last time this set of conditions emerged was on November 29th 2023. The pair then entered a 3 month period of high volatility and sideways trading before it declined to the 0.236 Fib. The long term trade is short, TP = 1.2500.
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EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
EURUSD has finally broken through the resistance level that had been holding it back for several weeks and is now trading above it.
At this stage, we anticipate a pullback to the broken level, followed by a continuation of the upward move toward the next target.
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Analysis Gold buy NowDistance Analysis from Current Price (2,921.67 USD)
1. Resistance Level (2,955.44 USD)
Distance from Current Price: 33.77 USD
2. Intermediate Resistance (Green Line around 2,940 USD
Distance from Current Price: 18.33 USD
3. Support Level (Middle Red Zone around 2,910 USD)
Distance from Current Price: 11.67 USD
4. Major Support (Lower Red Line around 2,900 USD)
Distance from Current Price: 21.67 USD
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Potential Price Movements:
Bullish Case:
If the price breaks above 2,940, it may rise toward the major resistance at 2,955.44 (+33.77 USD).
Bearish Case:
If the price drops below 2,910, it could decline toward 2,900 (-21.67 USD).
Euro/Usd (Mar/06) for rest of the weekHello eveyone.
as you can see price at golden pocket (high to low).alos near cpr Monthly R3 .
I know it's scary to sell at thi moment but this is what i see in chart.
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( This is an idea and entry-tp-sl placed for my own trade , you can change entry-tp-sl depends on your risk management )
Gold (XAUUSD) - Inverse Head & Shoulders Breakout Setup!Hello everyone, i hope you all will be doing good in your life and your trading as well, let's discuss about Gold and it is showing a strong bullish setup with an inverse head and shoulders pattern on the 1-hour chart . This means buyers are stepping in , and a breakout above the $2,930-$2,932 neckline could push prices higher toward the next resistance at $2,954-$2,960 . A stop-loss around $2,910-$2,906 can help manage risk in case of a pullback. Watch for volume confirmation when the breakout happens—it’ll add more strength to the move!
If Gold breaks out and holds above the neckline , we could see a good upside rally as buyers take charge. But if it fails to sustain, we might see some consolidation or even a drop. Best approach? Wait for a clean breakout and retest before jumping in. Stay sharp, manage risk, and trade smart!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
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EUR/USD Breaks Resistance – Bullish Momentum or Pullback Ahead?what are your ideas on EURUSD?
The EURO/USD pair breaks a resistance level after touching the bottom of the ascending channel,increasing the probability of a new bullish wave.
AS THE RESISTANCE IS BROKEN NOW THE NEXT target will be the top of the channel .
Here we have two points to watch on
A bullish continuation is likely if price holds above the resistance.
A rejection from the 200 EMA could lead to consolidation or a pullback before another attempt higher.
what do you think will EUR/USD sustain the support and be on bullish movement ?
Thu 6th Mar 2025 Daily Forex Charts: 4x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 4x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a AUD/USD Buy, AUD/CHF Buy, NZD/USD Buy & a USD/CAD Sell. I also discuss some trade management. Enjoy the day all. Cheers. Jim
Xauusd surely fly XAU/USD trades near a fresh weekly high of $2,929.65, with higher highs in sight. The bright metal benefited from the broad US Dollar’s (USD) weakness, the latter affected by tepid United States (US) data and President Donald Trump’s massive tariffs on trade partners.
President Trump addressed Congress late on Tuesday and played down the potential negative effects of his latest round of tariffs. “. There'll be a little disturbance, but we're okay with that. It won't be much,” Trump said, adding that reciprocal tariffs on trading partners will come into effect
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
In the long term, gold remains in an uptrend. However, in the short term, after the break of the support zone, we expect a pullback to the broken level, followed by a potential decline at least to the identified support area.
What are your thoughts on this analysis? Do you agree, or do you see a different scenario playing out?
Share your insights in the comments!
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USD/JPY Buys | 15M TimeframeCurrent orderflow/price action is bullish. I will be looking for price to retrace into this zone which is a 50-61.8% Fibb golden zone pullback and also would fill a 15m FVG and tap into a 15 OB. I will then scale down to the 1-5m timeframe and look for an entry if it presents itself.
EURUSD: Channel Up has topped. Sell signal.EURUSD is bullish on its 1D technical outlook (RSI = 62.145, MACD = 0.003, ADX = 17.266) and overbought on the lower timeframes with the 4H RSI in particular above 75.000. The Channel Up that started on the February 2nd low had every HH pull back to its 0.618 Fib level. Consequently we are short on the short term (TP = 1.04500). If the price crosses under this 1 month Channel Up, the longer Channel Up should push even lower to the 0.786 Fib of the greater bullish wave (TP = 1.03000).
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Xauusd confirm buy tradeXAU/USD, in the meantime, retains the $2,900 mark but retreated from an intraday peak of $2,927.91. The daily chart shows the pair is up for a second consecutive day, with another leg north still in doubt. XAU/USD is currently battling to overcome a mildly bullish 20 Simple Moving Average (SMA) while the 100 and 200 SMAs recovered their upward slopes far below the current level. Technical indicators, in the meantime, advance with moderated strength and within neutral levels, not enough to confirm a higher
XAUUSDXAUUSD is still in an uptrend. It is currently in a correction phase. If the price cannot break through 2957, in the short term, there is a chance that the price will drop. Consider selling the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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XAU/USD : 1000 Pips Down from ATH, What's Next? (READ CAPTION)By analyzing the gold chart on the one-hour timeframe, we can see that the price, based on the previous analysis, managed to rise by nearly 200 pips but then started to decline from the $2894 zone. Today, we witnessed a price correction down to $2859.
This week, gold has experienced a 3.5% correction from its all-time high, with a decline of over 1000 pips. Currently, gold is trading around $2860.
The attractive SELL zones are $2894, $2900, and $2906.
The attractive BUY zones are $2820, $2833, and $2845.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Gold buy zone This is a technical analysis chart for Gold Spot (XAU/USD) on a 1-hour timeframe from OANDA. The analysis outlines a buy trade setup with the following key points:
1. Entry Point: Around 2,916.721, which is marked with a yellow label.
2. Stop Loss: Placed at 2,900, marked with an orange-red label. This serves as the risk management level to exit if the price moves against the trade.
3. Target Level: 2,960, marked in green, which is the profit target for this trade.
4. Risk-Reward Ratio: The trade setup shows a favorable risk-to-reward structure, where the potential profit is significantly higher than the possible loss.
5. Market Context: The price has experienced a bullish breakout, indicating momentum that could continue toward the 2,960 target.
This setup suggests a long (buy) trade, expecting the price to rise within the green zone while ensuring risk is managed with a stop-loss in the red zone.
Gold surely fly confirm trade read the caption Markets remain risk-averse as a global tariff war seems inevitable, with US President Donald Trump affirming 25% tariffs on Canada and Mexico effective on Tuesday while he already signed the order to raise China tariffs to 20%.
In response, China’s Commerce Ministry and the Canadian prime minister’s office confirmed retaliatory tariffs on the US, triggering a tit-for-tat situation, which could translate into a full-fledged trade war
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
The EUR/USD pair has reached the bottom of the ascending channel after a correction, increasing the probability of a new bullish wave.
A significant resistance zone is still ahead, which the price must break through to confirm further upside movement.
If the resistance is broken, the next target will be the top of the channel.
What do you think? Will EUR/USD break the resistance?
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EURNZD: Massive Breakout 🇪🇺🇳🇿
EURNZD violated a huge resistance cluster and closed above that.
The next key level is 1.8765.
I will look for a pullback/little correction to buy then, expecting a rise.
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Todays Gold Market Update.Gold Market Analysis:
The gold price is currently trading within a weekly bearish Falling Volume Gap (FVG) pattern. A break below the 50% level of this FVG has occurred, and the market is now testing a critical resistance zone.
Key Levels to Watch:
- Resistance: $2893.500
- Support: $2887.500
- Potential target (bullish): $2900
- Potential target (bearish): $2873
Trading Strategy:
A close above $2893.500 on the 4-hour chart, confirmed by a 4-hour candle close above this level, may indicate a bullish breakout. Conversely, a break below $2887.500, followed by a 4-hour candle close below this level, may confirm a bearish downtrend.
Investors are advised to closely monitor these key levels for trade confirmation and adjust their strategies accordingly.
AAPLAAPL price is in the correction period. If the price cannot break through the 258.56 level, it is expected that the price will drop. Consider selling the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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