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EUR/USDd trend in European and American sessions today🔔🔔🔔 EUR/USD news: 👉The EUR/USD pair remains range-bound as the US Dollar stabilizes ahead of the Federal Reserve’s monetary policy meeting. The Euro (EUR) holds steady after German leaders, including the Greens led by Franziska Brantner, agreed to establish a 500 billion Euro infrastructure fund and implement significant changes to borrowing regulations, particularly the 'debt brake,' which is set for approval in the lower house of Parliament on Tuesday. 👉Market participants anticipate that Germany’s decision to increase defense spending through a historic adjustment of the debt brake will stimulate economic growth. Personal opinion: 👉The EUR/USD pair remains in long-term uptrend. Recent weak US economic data, especially CPI and PPI, have raised concerns about a US recession. This has weakened the Dollar significantly. Analysis: 👉Based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Buy EUR/USD 1.0870- 1.0880 ❌SL: 1.0840| ✅TP: 1.0920 – 1.0950 – 1.0990 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
2
Why Invest in CONMED Corp (CNMD)?Why Invest in CONMED Corp (CNMD)? Strong Earnings Growth – CONMED has experienced a remarkable increase in earnings, with EPS surging by 104% year-over-year and net income rising by 105% YoY. This indicates strong financial performance and profitability momentum. Attractive Valuation – The stock is currently trading at a P/E ratio of 13.79, which is significantly lower than its historical averages. This suggests that CNMD may be undervalued relative to its past performance and industry peers. Consistent Revenue Growth – The company reported revenue of $1.31 billion for the last year, marking a 5% increase compared to the previous period. This steady growth highlights CNMD’s ability to expand its market presence. Improving Margins and Efficiency – CONMED has seen an increase in operating income (+66% YoY), operating margin (+58% YoY), and return on assets (+104% YoY), demonstrating better cost management and operational efficiency. Dividend and Low Payout Ratio – The company pays a dividend of $0.80 per share, yielding approximately 1.35%, with a conservative payout ratio of 18.6%. This allows room for future dividend increases while maintaining financial flexibility. Healthcare Sector Stability – As a medical technology company specializing in surgical devices, CONMED operates in a defensive sector that tends to be resilient during economic downturns. This provides investors with a level of stability. Solid Balance Sheet and Liquidity – The company has a current ratio of 2.3, indicating strong short-term liquidity. Additionally, its quick ratio of 0.94 suggests it can cover its immediate liabilities effectively. Final Thoughts: CONMED presents a compelling investment case due to its strong earnings growth, attractive valuation, improving profitability, and stable position in the healthcare sector. However, potential investors should always consider market conditions and individual risk tolerance before making investment decisions.
NYSE:CNMDLong
by ForexCompany
Reasons to Invest in CVS Health (CVS)Reasons to Invest in CVS Health (CVS) Strong Market Position CVS Health is a leading healthcare company with a diversified business model, including retail pharmacies, insurance, and healthcare services. Its extensive network provides a competitive advantage. Attractive Valuation CVS is currently trading at a P/E ratio of approximately 12.23, which is lower than its historical average of 17.55. This suggests the stock may be undervalued compared to its long-term performance【41】. Consistent Free Cash Flow (FCF) The company generates significant free cash flow, which allows it to invest in growth, reduce debt, and return capital to shareholders. Dividend and Shareholder Returns CVS has a stable dividend policy with a payout ratio that allows for sustainable growth while reinvesting in the business【40】. Resilient Business Model The healthcare industry is defensive, meaning CVS can perform well even in economic downturns. The company benefits from consistent demand for prescriptions and healthcare services. Future Growth Potential CVS is expanding its healthcare services through acquisitions and technology-driven solutions. Investments in Medicare, pharmacy benefits, and digital health are expected to drive long-term growth. Would you like a deeper fundamental comparison between CVS and its competitors?
NYSE:CVSLong
by ForexCompany
Occidental Petroleum - Warren Buffett's Strong EndorsementWhy Buying Occidental Petroleum (OXY) is a Good Investment Warren Buffett's Strong Endorsement Berkshire Hathaway, led by Warren Buffett, has been consistently increasing its stake in OXY, holding over 25% of the company. Buffett's long-term approach and confidence in OXY suggest strong fundamentals and future growth potential. Solid Financial Performance OXY has a P/E ratio of 20.95 and a profit margin of 19%, showing strong profitability in the energy sector. Its ROE of 15% indicates effective management of shareholder equity. Strong Free Cash Flow (FCF) The company generates around $1 billion in free cash flow, which enables it to reduce debt, buy back shares, and pay dividends—key factors Buffett looks for in an investment. Favorable Industry Trends With growing global energy demand and OXY's focus on low-cost production, the company is well-positioned to benefit from higher oil prices and long-term energy market stability. Debt Reduction & Financial Strength OXY has significantly reduced its debt-to-equity ratio (0.85), strengthening its balance sheet after the Anadarko acquisition. Buffett prefers companies that prioritize financial discipline. Carbon Capture & Future Growth Potential OXY is a leader in carbon capture technology, positioning itself for long-term sustainability as the world moves toward cleaner energy solutions. This gives it a competitive edge in the evolving energy market. Buffett's Potential Full Acquisition With Berkshire Hathaway increasing its stake and securing regulatory approval to buy up to 50% of OXY, there is speculation that Buffett may eventually acquire the entire company. This could drive further price appreciation for OXY shares. Conclusion Buffett's heavy investment in OXY, combined with strong financials, solid cash flow, and promising energy market trends, makes the company an attractive value play for long-term investors.
NYSE:OXYLong
by ForexCompany
1
Gold Trend Next Week-Will New Momentum Make the Uptrend Stronger🔔🔔🔔 Gold news: ➡️Gold prices have fallen after hitting a record high, surpassing $3,000, following a series of weaker-than-expected economic indicators, especially PPI and CPI. Concerns about a possible US recession have weighed on the US dollar, boosting demand for the non-yielding metal. ➡️Risky trade policies under President Trump and the possibility of the Federal Reserve easing policy by another 66 basis points (bps) by 2025 are expected to support gold's uptrend in the near future. ➡️Geopolitical tensions are also weighing on gold demand. The ceasefire between Ukraine and Russia remains at a crossroads, as Russia appears unwilling to abide by the 30-day ceasefire. ➡️In particular, Trump launched a large-scale attack on the Houthis in Yemen, killing many people. This will be the impetus for gold prices to break out in the coming time Personal opinion: ➡️Gold has an additional driving force to increase in price, plus the previous news is still persistent, causing gold prices to maintain their upward momentum and show no signs of stopping ➡️Consider strong support zones when gold declines to be able to buy at a good price. Limit selling gold because you will mistakenly think it is the top, not yet. ➡️Technically, RSI shows signs of divergence and is expected to decrease slightly in the early Asian session. Currently, you should prioritize news over technical analysis. Resistance zone: 3005 - 3012 - 3020 Support zone: 2980 - 2970 - 2956 Plan: 🔆 Price Zone Setup: 👉Buy Gold 2,980 - 2,977 (Scalping) ❌SL: 2,975 | ✅TP: 2,983 - 2,986 - 2.990 👉Buy Gold 2,970 - 2,968 ❌SL: 2,964 | ✅TP: 2,975 – 2,980 – 2,990 👉Sell Gold 3,010 – 3,012 (Scalping) ❌SL: 3.016 | ✅TP: 3.007 – 3.004 – 3.000 👉Sell Gold 3,018 – 3,020 ❌SL: 3,025 | ✅TP: 3,014 – 3,008 – 3,001 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
5
PayPal - Multiple Signals Pointing to a Potential Bottom!I’ve just entered a position in PayPal, and the reason is that several overlapping factors are lining up in a way that suggests a potential bottom may be in. First, it looks very likely that Wave (2) is complete. The stock tapped the 61.8% Fibonacci retracement level with precision and has held that level over the past few days – all while the RSI has been climbing, which is a strong bullish divergence signal in my book. Second, PayPal just touched last year’s VWAP level perfectly, which I view as another strong technical indicator for a potential reversal. How far this move could go is still unclear, but the open gap above is definitely something I’m watching closely. For that to be in play, $71 needs to be reclaimed. And from here on, $66 should not be touched again. That’s my plan – and that’s how I’m trading it. Let’s see if the market plays along.
NASDAQ:PYPLLong
by stromm
Will XAU/USD Hit a New ATH - Heading for 3,000?🔔🔔🔔 Gold news: 👉The US dollar is facing increasing pressure due to changes in US trade policy and increasing global economic uncertainty. If the US government continues on its current path, these pressures could increase, pushing investors towards safe-haven assets such as gold. 👉 In addition, slowing economic growth and expectations of a Federal Reserve rate cut are adding pressure on the greenback. Conversely, gold's appeal as a hedge against geopolitical uncertainty and currency weakness has increased. Rising global tensions and concerns about persistent inflation make the precious metal increasingly attractive for portfolio diversification. Personal opinion: 👉 RSI (1H) is showing signs of divergence and gold has failed to break above 2950 during the European session. Signs for gold to ease for a momentum break 👉In addition, the DXY and the US 10-year bond yield rising again could slow down the gold rally Analysis: 👉Based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy 🔆 Resistance level: 2.956 2.970 🔆 Support level: 2.940 2.932 2.920 Plan: 🔆 Price Zone Setup: 👉Buy Gold 2.940 – 2.938 ❌SL: 2.934 | ✅TP: 2,944 – 2,948 – 2,954 👉Sell Gold 2,955 – 2,957 (Scalping) ❌SL: 2,961 | ✅TP: 2,952 – 2,948 – 2,943 👉Sell Gold 2,969 – 2,971 ❌SL: 2,976 | ✅TP: 2,965 – 2,961 – 2,956 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
4
GBP/USD Trend Next Week - New Uptrend?🔔🔔🔔 GBP/USD news: 👉The British Pound (GBP) remained mostly unchanged in trading after the UK’s GDP data showed a 0.1% decline in January. The rolling three-month measure increased by 0.2%, aligning with forecasts. The weak performance in January was driven by global uncertainty and concerns over tariffs. 👉Next week, the UK's economic focus will be on the Bank of England's interest rate decision, with expectations that rates will remain unchanged on Thursday. 👉Meanwhile, weak U.S. CPI and PPI data have reinforced market expectations that the Federal Reserve may ease monetary policy sooner. However, with U.S. President Donald Trump set to impose reciprocal tariffs on April 2, the outlook remains uncertain. Personal opinion: 👉Recent weak U.S. data is fueling fears of a recession in the country. This has caused the US dollar to start to decline again 👉The GBP/USD pair has been under pressure from sellers, but the 1.2900 level has held firm after several attacks by sellers. If this level is not broken early next week, it may be a stepping stone for another price increase after the sellers are exhausted Resistance zone: 1.2960 1.3000 Support zone: 1.2900 1.2860 Analysis: 👉Based on resistance-support levels combined with fibonacci and SMA to come up with a suitable strategy. Plan: 🔆Price Zone Setup: 👉Buy GBP/USD 1.2910 – 1.2900 ❌SL: 1.2860 | ✅TP: 1.2950 – 1.2990 – 1.3030 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
AUD/USD Trend in Upcoming Trading Session🔔🔔🔔 AUD/USD news: 👉The weak US CPI report is driving the AUD/USD pair higher during the US trading session. In addition to CPI, other recent US economic data have also shown signs of weakness, raising concerns about a potential recession. The US Dollar remains under pressure as economic risks in the country deepen, compounded by the increasingly unpredictable tariff policies of President Trump. 👉Meanwhile, the Australian Dollar's (AUD) gains are limited by fears that the US-China trade war could significantly weaken Australia's business activity, given its heavy reliance on exports to China. So far, the US has imposed a 20% tariff on imports from China. Personal opinion: 👉In the short term, the upward momentum of AUD/USD is still valid due to the impact of weak economic data from the US 👉RSI (1H) enters the oversold zone and shows signs of a slight reversal 👉Bullish Pennant pattern is forming and showing signs of a breakout Analysis: 👉Based on trend lines and price action, combined with Pivot points to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Buy AUD/USD 0.6285 – 0.6300 ❌SL: 0.6250 | ✅TP: 0.6340 – 0.6380 – 0.6430 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
4
USD/CAD Trend Today - Further Upward?🔔🔔🔔 USD/CAD news: 👉All eyes are on the Bank of Canada (BoC) this Wednesday, as markets widely anticipate another interest rate cut—the seventh consecutive one. This time, expectations are for a 25-basis-point reduction, mirroring the move made in January. 👉Meanwhile, the Canadian Dollar (CAD) has been weakening, retreating from last week's highs and approaching the 1.4500 mark against the US Dollar (USD). 👉Adding to the uncertainty, Canada’s inflation data is now under scrutiny. In February, the annual inflation rate, measured by the Consumer Price Index (CPI), inched up to 1.9% from the previous 1.8%. At the same time, the BoC’s core CPI rose for the second consecutive month, reaching 2.1% year-over-year, surpassing the central bank’s target. Personal opinion: 👉The USD/CAD pair will still maintain an uptrend in the near future. The tariff policies between Canada and the United States have made the CAD, a riskier currency, suffer more damage. 👉The US 10-year bond yield and DXY rebounded, adding more pressure to the CAD Analysis: 👉Based on important resistance - support levels combined with standard pivot points and EMA to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Buy USD/CAD 1.4375 - 1.4390 ❌SL: 1.4340 | ✅TP: 1.4440 - 1.4480 - 1.4520 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
WTI - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast: While the price is above the support 64.000, resumption of uptrend is expected. We make sure when the resistance at 79.361 breaks. If the support at 64.000 is broken, the short-term forecast -resumption of uptrend- will be invalid. TVC:USOIL BLACKBULL:WTI Technical analysis: A peak is formed in daily chart at 79.355 on 01/15/2025, so more losses to support(s) 64.900 and minimum to Major Support (64.000) is expected. Take Profits: 68.354 70.182 72.434 74.449 77.410 79.361 83.961 87.000 93.882 100.802 109.192 126.350 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
BLACKBULL:WTILong
by ForecastCity
3
MSTR - MicroStrategy : Long Strategy This stock Microstrategy Inc is showing some good recovery price action here on the 1Hr chart. It is a triple bottom and this is strong market structure, typical of a reversal sequence The neckline is about 314 which will soon be taken. The chart has a very popular indicator FBB, Fibonacci Bollinger Bands. The middle line is derived from volume moving averages. It is also bullish on the daily and weekly. Fundamentals are good, I did hear they burnt through stacks of cash but this was for inventories. Future is bright for this techy and its these companies, Nvidia, Apple, Google etc that lead the markets bullish out of corrections.
EIGHTCAP:MSTRLong
by Easy_Explosive_Trading
GOLD(XAUUSD) -Weekly forecast,Technical Analysis & Trading IdeasMidterm forecast: 2772.38 is a major support, while this level is not broken, the Midterm wave will be uptrend. OANDA:XAUUSD TVC:GOLD Technical analysis: A trough is formed in daily chart at 2832.55 on 02/28/2025, so more gains to resistance(s) 3000.00, 3050.00, 3080.00 and more heights is expected. Take Profits: 2833.00 2879.11 2955.00 3000.00 3050.00 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
FX:XAUUSDLong
by ForecastCity
14
USD/JPY Trend in Upcoming Trading Session - Bearish?🔔🔔🔔 USD/JPY news: 👉The latest US CPI report shows that headline inflation rose by 2.8%, slightly below the expected 2.9% and slower than January’s 3% increase. Core CPI, which excludes food and energy prices, eased to 3.1% from the previous 3.3%, while economists had anticipated a moderate slowdown to 3.2%. On a monthly basis, both headline and core inflation rose by 0.2%, falling short of the forecasted 0.3% increase. 👉With inflationary pressures cooling, traders are expected to increase their bets on the Federal Reserve cutting interest rates in May. Fed Chair Jerome Powell stated on Friday that the central bank's restrictive policy stance will not persist for long if the labor market weakens unexpectedly or inflation declines more than anticipated. 👉The US Dollar has remained weak in recent weeks, as investors believe that former President Donald Trump’s tariff policies could slow economic growth, with higher import duties potentially reducing household purchasing power. 👉Meanwhile, the Japanese Yen has been underperforming its counterparts despite major Japanese companies agreeing to significant wage increases for the third consecutive year, according to a Reuters report. This could strengthen inflation expectations and raise the likelihood of the Bank of Japan implementing another rate hike this year. Personal opinion: 👉Based on economic information, it can be seen that USD/JPY will maintain its downward momentum in the coming time. Technical analysis: 👉Shows signs of price breaking the trend line and touching the pivot point of the Pivot points RSI (1H) shows signs of reversing down after entering the overbought zone Plan: 🔆 Price Zone Setup: 👉Buy USD/JPY 148.40 – 148.60 ❌SL: 1.4340 | ✅TP: 148.00 – 147.60 – 147.00 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
2
NZDCHF - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast: While the price is above the support 0.49439, beginning of uptrend is expected. We make sure when the resistance at 0.52680 breaks. If the support at 0.49439 is broken, the short-term forecast -beginning of uptrend- will be invalid. OANDA:NZDCHF Technical analysis: A peak is formed in daily chart at 0.51845 on 02/20/2025, so more losses to support(s) 0.49950 and minimum to Major Support (0.49439) is expected. Take Profits: 0.51043 0.51780 0.52680 0.53798 0.55094 0.56221 0.56728 0.57630 0.58900 0.60187 0.65051 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
7
XAU/USD trend in today's EUROPEAN and US session🔔🔔🔔 Gold news: 👉 February’s data increased the odds that the Federal Reserve (Fed) might cut interest rates thrice in 2025. Nevertheless, Fed officials, led by Chair Jerome Powell, had expressed that they did not look at just one month of data. 👉 In the meantime, US Treasury yields climbed amid fears that the global trade war could push prices higher. Consequently, the US Dollar Index (DXY), which tracks the Greenback’s value against six currencies, gains 0.14% to 103.55. 👉 On Wednesday, 25% US tariffs on steel and aluminum took effect at midnight as US President Donald Trump is battling to reduce the trade deficit by applying duties on imports. 👉The non-yielding metal is poised to extend its rally, even though there is progress on a truce between Ukraine and Russia. 👉 The World Gold Council (WGC) revealed that central banks continued to purchase Gold. The People’s Bank of China (PBoC) and the National Bank of Poland (NBP) added 10 and 29 tonnes in the first two months of 2025, respectively. Personal opinion: 👉 Gold has found new momentum to maintain its upward momentum, the 3000 da level is not far away. 👉Technically, RSI (1H) has entered the overbought zone and is showing signs of a reversal in the short term. This may be the best time to buy gold at a good price for you. Analysis: 👉 Based on important resistance - support and Fibonacci levels combined with Pivot points to come up with a suitable strategy 🔆 Resistance level: 2.948 2.956 2.70 🔆 Support level: 2.930 2.920 2.905 Plan: 🔆 Price Zone Setup: 👉Buy Gold 2.930 – 2.933 ❌SL: 2.926 | ✅TP: 2.937 – 2.942 – 2.949 👉Sell Gold 2.955 – 2.957 (Scalping) ❌SL: 2.961 | ✅TP: 2,952 – 2,948 – 2,943 👉Sell Gold 2,970 – 2,972 ❌SL: 2,976 | ✅TP: 2,965 – 2,960 – 2,955 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
6
PPI, gold price opportunity to create new ATH above 2956⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Core CPI, excluding volatile food and energy prices, eased from 3.3% in January to 3.1% year-over-year, signaling ongoing disinflation in the U.S. economy. Meanwhile, the Atlanta Fed’s GDPNow model projects a -2.4% contraction for Q1 2025, marking the first negative reading since the COVID-19 pandemic. Money market traders have adjusted their expectations for Federal Reserve easing in 2025, pricing in 71 basis points of rate cuts—down from 77 bps the previous day, according to Prime Market Terminal data. ⭐️Personal comments NOVA: Gold has accumulated, continues to grow and heads towards a new ATH: 2976 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2954 - $2956 SL $2959 scalping TP1: $2950 TP2: $2945 TP3: $2940 🔥SELL GOLD zone: $2975 - $2977 SL $2982 TP1: $2968 TP2: $2960 TP3: $2950 🔥BUY GOLD zone: $2920 - $2918 SL $2913 TP1: $2930 TP2: $2940 TP3: $2950 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
1
GBP/USD Trend During European and US Trading Sessions 🔔🔔🔔 GBP/USD news: 👉The Pound Sterling (GBP) holds onto its gains, trading slightly above 1.2900 against the US Dollar (USD) during Monday’s European session. The GBP/USD pair continues to strengthen as the US Dollar struggles to find momentum amid rising concerns about the US economic outlook. The US Dollar Index (DXY), which measures the Greenback’s value against six major currencies, remains cautious near a four-month low of 103.50. 👉Investor worries over the US economy have intensified following comments from US President Donald Trump on Friday. He suggested that his "America First" policies might cause short-term economic turbulence. While Trump did not explicitly outline the economic impact of his policies, he stated in a Fox News interview that the country is undergoing a "period of transition" due to significant changes. His remarks came in response to questions about whether his policies could trigger a recession. Personal opinion: 👉GBP/USD will continue to maintain its upward momentum in the long term because of economic developments. 👉The US 10-year bond yield is currently down 1.51%, further solidifying the upward momentum for GBP/USD today Analysis: 👉Based on important resistance - support levels and pivot points standard combined with SMA to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Buy GBP/USD 1.2870 - 1.2860 ❌SL: 1.2820 | ✅TP: 1.2930 - 1.2980 - 1.3030 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
2
EURCAD - Weekly Forecast - Technical Analysis & Trading IdeasOANDA:EURCAD 💡 Daily Timeframe: As forecasted by 4CastMachine AI, The Euro also reached our TP7 at 1.5777 by breaking the resistance at 1.5156. The broken resistance area will serve as our new support area and Buy Zone. As long as this area is not broken down, there is a possibility of a resumption of the uptrend. If the price enters our new buy zone with a corrective wave and is rejected from it, we will enter with buy trades. 💡 H4 Timeframe: The bearish wave is expected to continue as long as the price is below the strong resistance at 1.5857 💡 H1 Timeframe: The uptrend is broken, and price is in an impulse wave. 1.5729 support is broken now. It will act as a Resistance now! Forecast: Correction wave toward the Sell Zone Another Downward Impulse wave toward Lower TPs __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Short
by ForecastCity
15
Gold trend in European and American sessions today🔔🔔🔔 Gold news: 👉A cautious atmosphere dominates ahead of the release of US consumer inflation data, keeping Gold prices fluctuating within a tight range. The US Dollar (USD) sees a slight rebound as traders take profits after its recent decline. 👉The renewed strength in the USD and rising US Treasury bond yields are limiting Gold's recovery. However, if the annual headline and core CPI figures come in weaker than expected, it could strengthen expectations of Federal Reserve interest rate cuts this year. In that case, the USD and bond yields may come under pressure, providing a boost to Gold, which does not offer interest. 👉Conversely, if inflation data exceeds market expectations, Gold could give up its recent gains and decline further. Strong CPI numbers would support the Fed's cautious stance on inflation and rate cuts, potentially weighing on Gold prices due to its lack of yield appeal. Personal opinion: 👉Gold is waiting for CPI news so it will run sideways in the 2,900 - 2,930 range 👉The Bullish Pennant pattern is gradually appearing, signaling a gold rally 👉At the same time, the SMA in this area is a strong support zone for gold prices, so it is difficult to break down Analysis: 👉Based on resistance - support levels and SMA combined with price action to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Buy Gold 2,909 - 2,911 (European session) ❌SL: 2,904 | ✅TP: 2,915 - 2,920 - 2,930 👉Sell Gold 2,928 - 2,930 (European session) ❌SL: 2,934 | ✅TP: 2,925 – 2,920 – 2,910 👉Buy Gold 2,900 – 2,902 ❌SL: 2,895 | ✅TP: 2,906 – 2,912 – 2,920 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
3
USTEC - Short-Term Pain, but...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈Long-term, USTEC has been overall bullish trading within the rising channel marked in orange. This month, USTEC has been in a correction phase, retesting the lower bound of the channel. Moreover, the green zone is a strong support zone. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower orange trendlines acting as non-horizontal support. 📚 As per my trading style: As #USTEC is hovering around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:USTECLong
by TheSignalyst
4