NAZDAQ - Weekly Forecast - Technical Analysis & Trading IdeasNASDAQ:NDX IG:NASDAQ
Midterm forecast:
20796.85 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
Technical analysis:
A peak is formed in daily chart at 22254.20 on 02/18/2025, so more losses to support(s) 19337.48, 18815.60, 18313.47 and more depths is expected.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (20554.38 to 20796.85).
We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (20554.38)
Ending of entry zone (20796.85)
Take Profits:
19901.88
19337.48
18815.60
18313.47
17841.19
16988.69
16247.08
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Longterm
LTC Litecoin: Is the bottom in? Bottom in on LITECOIN? Are you bullish?
Long term im bullish on this coin as a side gig. Look how the ws are forming.. juicy?
Question is, have we bottomed or is more room to drop down to under 60EUR? It could drop even more, with the lunar eclipse coming on friday.. but we have hit the 78.6 already... RSI 44...
What do you think?
USDCAD SHORTLongterm oportunity to short USDCAD. We are in bigger consolidation that we can see on Monthly chart. On weekly we touch upper area of consolidation and now we brake UP trend and currently we are in retracement.
Try to look for enteries for short.
SL: above highest point
TP: above lower band of consolidation (dont be too greedy)
Bitcoin - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 73777.00, resumption of uptrend is expected.
We make sure when the resistance at 91037.20 breaks.
If the support at 73777.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
BITSTAMP:BTCUSD
Technical analysis:
A peak is formed in daily chart at 109588.00 on 01/20/2025, so more losses to support(s) 78180.00 and minimum to Major Support (73777.00) is expected.
Take Profits:
86499.57
91037.20
94505.46
98489.63
101430.12
105431.17
109932.89
115000.00
120000.00
125000.00
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130000.00
S&P500 -Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
5870.56 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
$S&P500
Technical analysis:
A peak is formed in daily chart at 6150.05 on 02/19/2025, so more losses to support(s) 5568.78, 5398.95, 5261.00 and more depths is expected.
Take Profits:
5677.80
5568.78
5398.95
5261.00
5122.47
4944.41
4800.00
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doge longterm buy spot"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
XAU/USD Trend in European and American Trading Sessions 🔔🔔🔔 Gold news:
👉Amid Trump's protectionist policies, market concerns over a potential US recession persist, raising expectations that the Federal Reserve (Fed) may opt for interest rate cuts this year. This outlook continues to exert downward pressure on the US Dollar (USD) and US Treasury bond yields, helping to support Gold prices.
👉During a Fox News interview on Sunday, President Trump referred to a "period of transition" but refrained from predicting whether his tariff policies could trigger a recession, adding to market uncertainty. He also mentioned that the administration is considering various aspects of tariffs on Russia.
👉Nevertheless, Gold prices might face challenges if the US-Ukraine Summit in Saudi Arabia on Tuesday results in a bilateral minerals agreement, potentially paving the way for an end to the Ukraine-Russia conflict.
👉Tensions remain high ahead of the peace talks, especially after a heated argument between Ukrainian President Volodymyr Zelenskyy and Trump during a February 28 Oval Office meeting, which ultimately led to the US halting all military aid to Ukraine.
Personal opinion:
👉Gold price will continue to increase in the upcoming European and American sessions
👉Currently, RSI (15m) is entering the overbought zone and showing signs of a slight decrease. However, this could be a retracement of the trend line after the Break and continue to gain momentum. Consider the 2,900 area to buy at the best price
Analysis:
👉Based on important resistance - support levels and Fibonacci combined with the trend line to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy Gold 2,897 - 2,900
❌SL: 2,894 | ✅TP: 2,905 - 2,910 - 2,915
👉Sell Gold 2,911 - 2,913 (European session)
❌SL: 2,916 | ✅TP: 2,906 – 2,901 – 2,895
👉Sell Gold 2,928 – 2,930
❌SL: 2,935 | ✅TP: 2,922 – 2,917 – 2,910
FM wishes you a successful trading day 💰💰💰
The Big ReloadI anticipate a significant pullback on the daily timeframe, targeting the $15,000 level before resuming the upward trend.
Following a substantial break in the bullish trend, a robust retracement is expected. This correction should trigger considerable buying momentum around the $15,000 to $16,000 range, presenting opportunities for long-term positions to the upside.
EURNZD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
1.84895 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
A trough is formed in daily chart at 1.81705 on 02/21/2025, so more gains to resistance(s) 1.89340, 1.90550, 1.91400 and more heights is expected.
Supports and Resistances:
1.95650
1.90550
1.87650
1.85400
1.81700
1.78251
1.76500
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BTC Time to FLY.As of now according to weekly chart i can see that the Market is on that resistance level of its channel, so what i think here is that the Market will goes according to its history, probability is market will retest 50 MA and will show the new high, after that it will move towards channel's support level.
So According to me, its the best time to be Bullish, or have some spot in portfolio.
BTC Warning Time .As of now according to weekly chart i can see that the Market is on that resistance level of its channel, so what i think here is that the Market will goes according to its history, probability is market will retest 50 MA and will show the new high, after that it will move towards channel's support level.
So According to me, its the best time to be Bullish, or have some spot in portfolio.
AUD/USD Trend Today - Further Upward?🔔🔔 🔔AUD/USD news:
👉The AUD/USD pair experiences a strong surge, reaching around 0.6330 during North American trading hours on Monday. The Australian Dollar notable gains support as the US Dollar (USD) remains subdued, with investors adopting a cautious stance regarding the economic outlook of the United States (US).
👉Meanwhile, the S&P 500 has dropped nearly 1.5% in the North American session, reflecting a significant decline in risk appetite among investors.
👉Market participants are increasingly worried about US economic growth following comments from US President Donald Trump on Friday. In an interview with Fox News, Trump referred to a "period of transition" and emphasized that ongoing developments are "very big." Investors have interpreted these remarks as a sign of potential economic instability in the near future.
Personal opinion:
👉AUD/USD will continue its upward momentum after the economic news is released
👉Technically, the strong support level at 0.6280 will be a stepping stone for this currency pair to increase strongly in the coming time
Analysis:
👉Based on the important resistance - support zone and pivot points standard combined with the trend line to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy AUD/USD 0.6290 - 0.6280
❌SL: 0.6250 | ✅TP: 0.6330 - 0.6370 - 0.6430
FM wishes you a successful trading day 💰💰💰
Gold trend in European and American sessions🔔🔔🔔 Gold news:
👉DXY bounced sharply in the Asian and European sessions after falling to 103.47, the lowest level since 5/11/2024.
👉There is no news today to motivate gold so the price may run in the range of 2890 - 2930
👉RSI (1H) is entering the overbought zone, watch this area closely to create a buy order at a good price.
👉The US 10-year bond yield is down 1.81% at the moment so it may be the driving force for gold to increase again.
Analysis:
👉Based on important support resistance levels and pivot points standard combined with trend lines to come up with a suitable strategy
resistance zone: 2928 - 2908
support zone: 2894 – 2882 – 2870
Plan:
🔆Price Zone Setup :
👉Buy Gold 2.894 – 2.896
❌SL: 2.887 | ✅TP: 2.900 – 2.905 – 2.908
👉Sell Gold 2.927 – 2.929
❌SL: 2.934 | ✅TP: 2.923 – 2.918 – 2.911
FM wishes you a successful trading day 💰💰💰
BTC - Get Ready!🚨 CRYPTOCAP:BTC is dipping hard! 🚨
📉 Get ready for a massive entry at $72,000—here’s why:
It aligns with:
1️⃣ Lower bound of the blue wedge pattern
2️⃣ Previous resistance turned support
3️⃣ Key demand zone
4️⃣ -34% correction phase
📊 This level could be a game-changer! Are you buying?
EUR/USD Trend Today - Further Upward?🔔🔔🔔 EUR/USD news:
👉The EUR/USD pair began the week on a positive trajectory, trading around 1.0860 during Monday’s Asian session. This upward movement is primarily driven by growing concerns over a potential slowdown in the US economy. On Sunday, San Francisco Fed President Mary Daly noted that increasing uncertainty among businesses could weaken demand in the US economy, though she does not see this as a reason to adjust interest rates.
👉On Friday, data from the US Bureau of Labor Statistics (BLS) revealed that Nonfarm Payrolls (NFP) rose by 151,000 in February, missing the forecasted 160,000. Additionally, January’s job growth was revised down to 125,000 from the initially reported 143,000. The weaker-than-expected labor market data may put pressure on the US Dollar (USD), offering support to the EUR/USD pair.
Personal opinion:
👉In the long term, the momentum for EUR/USD is still bullish. However, technically in most time frames, RSI signals that EUR/USD is entering the overbought zone and showing signs of divergence. This signals a short-term correction
Resistance zone: 1.0885 1.0936
Support zone: 1.0770 1.0720
Analysis:
👉Based on important resistance - support levels combined with standard pivot points to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy EUR/USD 1.0770 - 1.0760
❌SL: 1.0730 | ✅TP: 1.0830 – 1.0880 – 1.0930
FM wishes you a successful trading day 💰💰💰
Gold trading strategy today - sideways🔔🔔🔔 Gold News:
👉Gold is back on the rise due to a severe weakening of the US dollar. The precious metal has regained above $2,900 after suffering heavy losses in late February.
👉Inflation data from the US and political headlines could continue to boost gold prices in the near term. The short-term picture shows buyers struggling to maintain control. The bullish trend remains intact but the uptrend is still lacking momentum.
Personal opinion:
👉There is no news today that will have a strong impact on the gold market, so it will be sideways.
👉Rely on techniques to get the best entry point at the best price
Technical analysis:
👉Rely on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Support level : 2.909 2.900 2.893
Resistance level : 2.930 2.941 2.956
Plan:
🔆 Price Zone Setup:
👉Buy Gold 2.909 – 2.907 (Scalping)
❌SL: 2.904 | ✅TP: 2.914 – 2.920 – 2.928
👉Buy Gold 2.894 – 2.892
❌SL: 2.887 | ✅TP: 2,899 – 2,905 – 2,910
👉Sell Gold 2.928 – 2.930
❌SL: 2.935 | ✅TP: 2.924 – 2.918 – 2.913
FM wishes you a successful trading day 💰💰💰
US500 Signaling Optimism!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈Long-term, US500 has been overall bullish trading within the rising wedge pattern marked in blue.
This month, US500 has been in a correction phase, retesting the lower bound of the wedge.
Moreover, the green zone is a strong structure and previous ATH.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #US500 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.
Gold Trading Plan Forecast Today - High Volatility🔔🔔🔔 Gold news:
👉Gold prices (XAU/USD) continue to struggle to gain significant buying interest but remain above the $2,900 level during the Asian session on Friday. Traders appear hesitant, preferring to wait for the release of the closely-watched US Nonfarm Payrolls (NFP) report before making new directional moves. This cautious approach has resulted in a second consecutive day of range-bound trading. The NFP report will be crucial in shaping near-term US Dollar (USD) movements and could provide fresh momentum for gold.
👉Meanwhile, expectations that the Federal Reserve (Fed) may implement multiple rate cuts in 2025, amid signs of slowing US economic growth, keeping the USD near a multi-month low reached on Thursday. Additionally, concerns over President Donald Trump’s trade policies and their potential impact on the global economy weigh on market sentiment. This has led to a weaker tone in equity markets, offering additional support to safe-haven assets like gold and making traders cautious about taking aggressive bearish positions.
PERSONAL OPINION:
👉Gold continues to move in the price range of 2900 - 2930 to wait for the signal of NFP news. It is expected that there will be strong fluctuations when the news is announced because gold has been moving sideways in this area for a certain period of time.
Analysis:
👉Based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Sell Gold 2928 - 2930 (Scalping)
❌SL: 2935 | ✅TP: 2924 - 2920 - 2915
👉Sell Gold 2954 - 2956
❌SL: 2961 | ✅TP: 2950 – 2945 – 2940
FM wishes you a successful trading day 💰💰💰
NF news - Opportunity for gold price to return to old ATH 2955⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold’s three-day rally came to a pause as investors locked in profits ahead of the highly anticipated US Nonfarm Payrolls report. A rise in US Treasury yields further dampened the appeal of the non-yielding metal. At the time of writing, XAU/USD remains steady at $2,918.
Despite consolidating above the $2,900 mark, gold faced resistance following an earlier surge in the US 10-year Treasury yield to a one-week high before retreating to 4.286%..
⭐️Personal comments NOVA:
Tariff Situation Remains Long Term Driver for Gold Growth, NF News Key Data to Determine Today's Trend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2954 - $2956 SL $2961
TP1: $2945
TP2: $2930
TP3: $2920
🔥BUY GOLD zone: $2832 - $2834 SL $2827
TP1: $2840
TP2: $2850
TP3: $2860
⭐️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
Gold Trend Today - Continue to Increase?🔔🔔🔔 Gold news:
👉Gold prices held steady on Thursday as speculation grew that U.S. President Donald Trump might ease some tariffs, particularly those related to automobiles under the USMCA trade agreement. However, uncertainty persists, and XAU/USD remains largely unchanged at $2,919.
👉On the economic front, ADP data showed a significant slowdown in private-sector job growth for February compared to January. Meanwhile, the latest ISM Services PMI indicated continued business expansion. Despite this, concerns over rising inflation linger, as the Prices Paid sub-index surged above 60, signaling that producers are facing higher costs, which could lead to another wave of inflation.
👉As a result, money market traders adjusted their expectations for rate cuts in 2025, pricing in 71.5 basis points of easing, down from 81 bps on Tuesday.
👉On the geopolitical side, a senior aide to Ukraine’s President Zelensky discussed peace efforts with the U.S. National Security Advisor, with both sides agreeing to an upcoming meeting. This development, along with rising U.S. Treasury bond yields, could exert downward pressure on gold prices.
Personal opinion:
👉Gold will have a bounce back to the trend line and then bounce back following the main uptrend
👉Note: prioritize evaluating the latest information on President Trump's tariffs
Analysis:
👉Based on important resistance - support levels combined with trend lines and EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy GOLD 2900 – 2903 (European session)
❌SL: 2895 | ✅TP: 2910 – 2916 – 2926
👉Sell GOLD 2953 – 2955
❌SL: 2961 | ✅TP: 2948 – 2942 – 2936
FM wishes you a successful trading day 💰💰💰
UK100 (FTSE)-Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
8380.25 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
A trough is formed in daily chart at 8611.20 on 02/21/2025, so more gains to resistance(s) 8854.99, 9000.00, 9100.00 and more heights is expected.
Take Profits:
8664.21
8765.00
8854.99
9000.00
9100.00
__________________________________________________________________
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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
XAU/USD trading strategy during US and Asian sessions🔔🔔🔔Gold news:
🔆Trump imposed tariffs on Canada, Mexico and China. Soon after, Canada and China followed suit with the US. This raised the risk of a global trade war and hurt investor sentiment, which sees gold as a safe haven.
🔆The Institute for Supply Management (ISM) manufacturing PMI fell to 50.3 in February from 50.9 the previous month, while the Prices Paid Index jumped to its highest level in nearly three years on concerns about import tariffs.
🔆This has observers worried that Trump's trade tariffs will weaken consumer spending and add to concerns about a weakening outlook for the world's largest economy. This could provide further support to the XAU/USD pair.
🔆US 10-year bond yield fell 1.53% during the day
👉These are the main reasons why Gold increased sharply in the European - American session today and reached a 4-day high of 2927
Personal opinion:
🔆Gold will continue its upward trend in the coming time.
🔆Technically, in the US session, Gold reached its highest level and showed signs of retesting at the 2895 area, then it could bounce back to the main trend
🔆RSI (1H) started to decrease after entering the overbought zone
👉So consider buying at a lower price to maximize profits
Analysis:
Based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉BUY Gold 2895 - 2897
❌SL: 2890 | ✅TP: 2903 – 2908 –2920
FM wishes you a successful trading day 💰💰💰
SWING IDEA - SAILSAIL Stock Technical Analysis
Steel Authority of India Limited ( NSE:SAIL ) has been consolidating around the 95 resistance level for over a year. After multiple attempts, the stock finally broke out above this level in January 2024, turning it into a strong support zone.
Following the breakout, SAIL surged to a peak of 175, marking an 85% gain. However, the stock then saw a sharp retracement, correcting by nearly 47% and revisiting the rising trendline support around the 100-105 range. This level, which previously acted as resistance, has now become a critical demand zone.
Currently, SAIL is showing signs of renewed bullish momentum, bouncing off its trendline support and forming a potential reversal. The weekly MACD crossover, observed in the chart, further reinforces a trend reversal signal. Additionally, a short-term upside target of 12% is indicated, while a long-term potential target of 76% upside is visible in the chart, aligning with the previous swing high.
The chart also highlights three take-profit targets:
Target 1: The first profit-taking zone, offering an initial opportunity to secure gains.
Target 2: A mid-level profit-taking zone, aligning with previous consolidation areas.
Target 3: The final take-profit level around 175, marking the prior high and a potential full exit point for long-term investors.
KEY OBSERVATIONS:
One-year resistance of 95 was decisively broken in January 2024
Stock surged 85% to a high of 175 before correcting 47%
100-105 level now acts as a strong rising trendline support
Weekly MACD crossover signals a bullish momentum shift
Three take-profit targets identified, with the final target at 175
Potential upside target of 76% from support levels, aligning with previous highs
RECOMMENDATION:
Based on this technical analysis, holding SAIL for the long term could be a strong strategy. The potential returns include:
12% upside in the short term
76% upside from current levels, targeting previous highs around 175
This analysis presents a compelling buying opportunity in SAIL, fueled by its breakout, support validation, and momentum reversal.
IMPORTANT NOTE:
Investors should be aware that there is a chance the stock may retest the 100-105 support level before resuming its upward trajectory. This potential pullback should be carefully monitored, and investment strategies should be adjusted accordingly.
DISCLAIMER: This analysis is for educational and informational purposes only and should not be considered as financial advice. Technical indicators and historical data are not guarantees of future performance. Investors should conduct thorough research, assess risk tolerance, and consult a financial advisor before making any investment decisions.