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Downward momentum, downtrend next week, XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 03/3/2025 - 03/07/2025 🔥 World situation: US President Donald Trump confirmed that 25% tariffs on Mexican and Canadian goods will take effect next week on March 4. Meanwhile, the Fed’s preferred inflation gauge, the Core PCE Price Index, signaled continued progress toward the central bank’s 2% target. Following the data, expectations for further Fed policy easing grew. According to Prime Market Terminal, the Fed is anticipated to cut rates by 70 basis points this year, with investors betting on the first reduction in June. 🔥 Identify: Breaking the trend, gold continues to maintain a downtrend 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2876, $2903, $2956 Support : $2810, $2773 🔥 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 - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
3
Gold📌 **Sell:** ✔ In short-term timeframes (M1, M5, M15), both MACD and Stochastic indicate overbought conditions and a potential downward correction. ✔ The M30 timeframe is still in an uptrend, but a pullback to the downside is possible. 🎯 **Conclusion:** Success rate for selling: ✅ **70%** (more reliable than buying in the short term). 📌 **Strategy:** Short-term selling with a tight stop-loss and a corrective target towards lower support levels. 📌 **Buy:** ✔ In H1 and H4 timeframes, signs of a trend reversal are emerging, but MACD has not yet given a solid confirmation. ✔ If MACD turns bullish on H1 and Stochastic exits oversold territory, buying will be a safer option. 🎯 **Conclusion:** Success rate for buying: ✅ **55%** (higher risk, requiring more confirmation). 📌 **Strategy:** Wait for MACD confirmation on H1, then enter a buy position upon resistance breakout. 🚀 **Final Recommendation:** 🔹 Enter short-term sell positions in lower timeframes with a tight stop-loss and proper risk management. 🔹 Wait for a confirmed buy signal on H1 and H4, as MACD has not yet turned fully bullish. 🚀 **Short-term selling (scalping) is more probable**, but additional confirmation is needed for a buy position. ### **Suggested Targets Based on Timeframes & MACD + Stochastic Analysis** 🔴 📉 **Sell Targets:** Considering overbought conditions in lower timeframes and a potential downward correction, the best sell targets based on different timeframes are: ✅ 📌 **First Target:** 2850 (Short-term support in M5 & M15) ✅ 📌 **Second Target:** 2842 (Key support in M30) ✅ 📌 **Third Target:** 2830 - 2825 (Strong support in H1, aligning with the moving average) 🛑 **Stop Loss for Sell Positions:** 🔹 **2862** (Breakout of the current resistance in M15 & M30) 🔹 **2868** (If the price reaches this level, the trend may reverse) --- 🟢 📈 **Buy Targets:** A **full confirmation from MACD in H1 and H4** is required for a buy setup. However, if the price rebounds from the **2830 support zone**, the following targets are expected: ✅ 📌 **First Target:** 2865 (Initial resistance in H1) ✅ 📌 **Second Target:** 2880 - 2890 (Strong resistance zone in H4) ✅ 📌 **Third Target:** 2915 (Long-term target if resistance levels are broken) 🛑 **Stop Loss for Buy Positions:** 🔹 **2825** (If this level is broken, the downtrend is likely to continue) 🚀 **Suggested Strategy:** 📌 **Short-term sell (scalping) from 2857**, targeting **2850 and 2842**, with a **stop loss at 2862**. 📌 **Buy if confirmed at 2830 - 2825**, targeting **2865 and 2880**, with a **stop loss at 2825**. 🔍 **Important:** Before entering positions, confirm with **trading volume and candlestick patterns in higher timeframes**. 🚀
OANDA:XAUUSDShort
by trade_planning
1
Gold short term recovery - downtrend⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) start the week on a strong footing, rebounding further from Friday’s three-week low near $2,833–2,832. Despite US inflation data aligning with expectations, traders remain confident that the Federal Reserve will implement two quarter-point rate cuts by year-end. Additionally, renewed selling pressure on the US Dollar supports the appeal of the non-yielding yellow metal. ⭐️Personal comments NOVA: Gold price recovers in short term, sellers are dominating, retesting liquidity zone 2883 ⭐️SET UP GOLD PRICE: 🔥 BUY GOLD zone: $2832 - $2834 SL $2827 TP1: $2840 TP2: $2850 TP3: $2960 🔥 SELL GOLD zone: $2883 - $2885 SL $2890 TP1: $2875 TP2: $2868 TP3: $2860 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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:XAUUSDShort
by Nova-Scalper
1
GBPJPY trend continuation?Next week, we can expect the continuation of the trend. The technical analysis is fully explained in the chart, but what needs to be watched are the fundamental reports: Manufacturing PMI on Monday, (impulsive move) Tuesday nothing (correction move) Services PMI on Wednesday, (impulsive move) Jobless Claims on Thursday, (impulsive move) and NFP along with Fed Chair Powell's speech on Friday. (impulsive move) We expecting high volatility during news events. Trade what you see, not what you think.
Short
by Monesta
BTC - Watch this Trendline - Potential Short to 36,000I’ve drawn the main trendline and marked the contact points in red circles if you’d like to replicate this on your own chart I’ve also demonstrated that when the correct trendline is identified, it can be duplicated and placed at different points on the chart that price seems to follow - IE support / resistance works on a diagonal grid I’ve marked my personal entry in green, stop loss in red - minor targets in grey dashed lines and major targets in black solid lines Fundamentally this drop makes sense as there is a mass amount of liquidity in these below zones. Not financial advice, do your own research and experimentations. God speed!
Short
by DickDandy
BTC - Bigger Picture of Liquidity Collection RoadmapExpanding on my last idea focusing on the first move in this sequence, here is a bigger picture of this idea and I will explain in detail how I arrive to this. 1. The market is always going to absorb liquidity. We know this. We also know that since Dec 2022 Bitcoin has been on a steady climb up allowing for lots of long positions to open and stay open. What this creates is a lot of absorbable liquidity in the form of long position stop losses. Further more, the dominance of leverage is very high in crypto, therefor these stop loss orders are “leveraged sell orders”. This is the “fuel” that can be used to explain the possibility of a move of this magnitude. In other words, the orders are already in place in the chart; the adverse of traders decisions via leveraged position stop losses. 2. We can identify (2) main trendlines that explains why Bitcoin has been struggling so much around these zones. Price tends to break above and below these diagonal trendlines, trading sideways in a diagonal fashion - until there is enough “fear” or justification to allow the trendline to play itself out. The first trendline I design for you in my previous idea. This takes Bitcoin to a zone with several confluences. (1) A Volume Profile support, (2) The bottom of a bearish trendline, and (3) The absorption of a mass amount of liquidity located from the current price to that zone. The second trendline, which you can apply the same validation methods I pointed out in my previous idea (duplicating the trendline and placing it infinitely at different areas on the chart and observing price respecting the angle), has a bottom of $7,000. Now this Uber low may seem extraordinarily unrealistic, but there is again, a mass amount of liquidity located in those low zones that the market wants to absorb. 3. I lay out here a corrective wave sequence that would allow all of this liquidity to be absorbed. The US Dollar on the higher timeframes shows a bearish retest of a major breakdown. With all of the negative news and geopolitical tension with the US, both technically and fundamentally this points in the direction of a falling US dollar relative to other global currencies. 4. Ultimately this is good for Bitcoin. I present this idea for several reasons, most importantly, what I can see happening (assuming this does occur) is that many holders and investors will sell at very low prices in extreme fear that Bitcoin will go to zero, when in fact it would just be a liquidity grab prior to a true 3-5 year bull run on Bitcoin as the US Dollar loses strength. Of course being ill prepared and selling at those extreme lows would be catastrophic for investors and traders. So if anything, I hope this serves you with the possibility explained in detail, and in the event you see this occur, to not panic and not sell. To do the exact opposite of what the majority would do and BUY into those extreme fear zones. Happy trading and stay safe. For anyone wanting to argue that it’s not possible or showing their confidence that it would never happen; please understand there is no harm is looking at potential scenarios and this isn’t an ego contest about who is right or wrong. It’s ideally about looking out for each other and sharing our work, knowledge, and experience to collectively succeed in understanding this challenging market. People may also like to point out that I’ve been speaking about this occurring for roughly a year, and have been wrong - however the timing of such events doesn’t mean it’s “wrong”. If the chart demonstrates a possibility, it remains.
BITSTAMP:BTCUSDShort
by DickDandy
Gold trend today European and American trading session🔔🔔🔔 Gold news: 👉Gold prices saw a slight increase on Monday, driven by a weaker US Dollar. Expectations of another Federal Reserve rate cut put pressure on the USD, which in turn boosted XAU/USD. Additionally, concerns over Trump’s proposed tariffs and the potential for a global trade conflict added to gold’s appeal. 👉The US Dollar also faced downward pressure due to a strong rebound in the crypto market, led by Bitcoin (BTC), after Trump instructed the Presidential Working Group on Sunday to advance plans for a Crypto Strategic Reserve, which will include Bitcoin, Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). 👉A broad decline in the US Dollar allowed gold prices to recover after suffering significant losses in the previous two trading sessions. Meanwhile, the Euro (EUR) strengthened as Europe intensified its diplomatic efforts to resolve the Ukraine conflict, further weighing on the USD and supporting the USD-denominated gold price. Personal opinion: 👉Gold price will recover to the 2890 area, then there will be a technical decline to the 2934 area before continuing the uptrend. Because there is currently no strong news for gold to break through this area. 👉Note: any move on President Trump's tariff policy will be considered first, so pay attention to this related news for better trading Analysis: 👉Based on trend lines and EMA combined with important resistance - support levels to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell Gold 2887 – 2890 ❌SL: 2895 | ✅TP: 2883– 2877 – 2870 👉Buy Gold 2833 – 2835 ❌SL: 2827 | ✅TP: 2839– 2844 – 2850 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDShort
by FM-ForexMastermind
1
EURUSD Potential Short Setup - 1HR Swing TradeThis trading idea proposes a short position in EURUSD on the 1-hour timeframe, based on the expectation of a continued downward move. The entry point is strategically located at a resistance level, with a stop-loss order to manage risk and a take-profit target set at a potential support zone. Disclaimer : This analysis is based on the provided image and should not be considered financial advice. Trading involves risks, and it is essential to conduct your own research and consult with a financial advisor before making any trading decisions.
by APFXpro
EUR/USD Trend Today - Downtrend?EUR/USD news: 🔆The EUR/USD pair continues its downward trend for the third consecutive day, trading around 1.0390 during the Asian session on Friday. The Euro faces selling pressure due to increased risk aversion, driven by escalating trade tensions between the US and the EU. US President Donald Trump signaled the possibility of imposing “reciprocal” tariffs on the EU as soon as April. 🔆In response, a European Commission (EC) spokesperson stated that the EU would respond decisively and immediately to any unjustified trade barriers. This ongoing uncertainty may further weaken the Euro, adding to the bearish sentiment surrounding the EUR/USD pair. 🔆Meanwhile, the US Dollar Index (DXY), which tracks the performance of the USD against six major currencies, gained strength following the release of US GDP data on Thursday. At the time of writing, the DXY remains near 107.40. Personal opinion: 🔆EUR/USD will continue to maintain a downtrend in the coming days due to the negative news still affecting. But there will be an increase to retest the resistance zone and then follow the downtrend Analysis: 🔆Based on important resistance - support levels and Fibonacci combined with the SMA200 line to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell EUR/USD 1.0420 – 1.0430 ❌SL: 1.0460 | ✅TP: 1.0380– 1.0340 – 1.0300 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
Gold trend in European and American sessionsGold news: 🔆The US Dollar extends its recovery from an 11-week low, supported by a slight rebound in US Treasury bond yields, which in turn puts some pressure on Gold prices during the Asian session on Thursday. 🔆On Wednesday, US President Donald Trump raised expectations for a potential delay in imposing steep new tariffs on imports from Mexico and Canada, suggesting they might take effect on April 2 instead of the previously set March 4 deadline. However, a White House official clarified that the tariff deadline remains unchanged "as of now," pending Trump's assessment of efforts to curb migrant flows into the US. 🔆Additionally, Trump announced that his administration will soon introduce a 25% tariff on imports from the European Union, adding to market uncertainty, which could provide some support for the safe-haven metal. Nevertheless, Gold prices remain under pressure due to a rebound in US bond yields and a modest strengthening of the US Dollar. Personal Opinion: 🔆Gold prices are likely to experience a short-term correction as the RSI (1D) has entered overbought territory and is showing signs of divergence. 🔆Concerns over US President Donald Trump's tariff policies and ongoing trade tensions have made bearish traders cautious about confirming a near-term peak for safe-haven gold. Additionally, expectations of further interest rate cuts by the Federal Reserve, driven by a slowing US economy and growth uncertainties, could help limit downside movement for the non-yielding metal. Market participants are now focused on the US economic calendar for Thursday to gain fresh insights. Technical Analysis: 🔆A strategic approach should be based on resistance-support zones and key Fibonacci retracement levels, in combination with the EMA200, to determine optimal trading decisions. Plan: 🔆 Setting price range: 👉Buy gold 2840 -2843 ❌SL: 2834 | ✅TP: 2850 – 2855 – 2865 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDShort
by FM-ForexMastermind
1
trend towards 2845, trend continues to strengthen! gold ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) declines for the second consecutive day, hitting a two-week low around $2,860 during Friday's Asian session. The US Dollar (USD) continues its recovery for the third straight day, supported by expectations that the Federal Reserve (Fed) will maintain its hawkish stance due to persistent inflation. This strengthens the USD and weighs on the non-yielding gold. ⭐️ Personal comments NOVA: The gold price adjustment is mandatory, along with the influence of the world financial sectors, selling off at the same time. The trade war is very close, gold is also negatively affected by investors. ⭐️ SET UP GOLD PRICE: 🔥 SELL GOLD zone: $2891 - $2893 SL $2898 TP1: $2885 TP2: $2878 TP3: $2870 🔥 BUY GOLD zone: $2846 - $2844 SL $2839 TP1: $2852 TP2: $2860 TP3: $2870 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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:XAUUSDShort
by Nova-Scalper
2
Gold Trend February 28 - Maintain DowntrendGold news: 🔆The US confirmed that the annualized Q4 Gross Domestic Product (GDP) grew by 2.3% in its second estimate. However, the quarterly Personal Consumption Expenditures (PCE) Prices were revised upwards to 2.4% from the initial 2.3%, while Core PCE Prices saw an even sharper increase to 2.7% from the previous 2.5%. 🔆Meanwhile, Initial Jobless Claims rose significantly to 242K in the week ending February 22, surpassing market expectations of 221K. Durable Goods Orders outperformed forecasts, rising 3.1% in January compared to the anticipated 2%. In contrast, Pending Home Sales dropped by 4.6% in the same month, a much steeper decline than the expected -1.3%. 🔆However, market fears were primarily driven by US President Donald Trump. After initially stating that tariffs on Canada and Mexico would begin in April, he later corrected himself, confirming they would take effect on March 4 as originally planned. Additionally, he announced a new 10% tariff on China starting the same day and revealed that reciprocal tariffs would be implemented on April 2. 🔆Looking ahead, the US is set to release the January PCE Price Index on Friday, which is the Federal Reserve’s preferred inflation measure. Projections suggest a 0.3% monthly increase and a 2.5% rise year-over-year. Personal opinion: 🔆Gold will continue to decline in the short term, starting to increase in March when Trump's tariff policies are about to take effect. However, there will be a price increase at the beginning of the Asian session and then a short-term downtrend. After RSI (1H) confirms signs of convergence and the (4H) frame enters the oversold zone Analysis: 🔆Based on important resistance - support zones and Fibonacci combined with EMA200 to come up with a reasonable strategy Plan 🔆 Price Zone Setup: 👉Buy Gold 2862 – 2860 (Asian and European scalping) ❌SL: 2855 | ✅TP: 2866– 2872 – 2880 👉Sell Gold 2889 – 2892 (Asian and European scalping) ❌SL: 2895 | ✅TP: 2875– 2870 – 2860 👉Sell Gold 2842 – 2840 ❌SL: 2977| ✅TP: 2965– 2960 – 2950 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDShort
by FM-ForexMastermind
1
AUD/USDd trend at the beginning of the weekAUD/USD news: 🔆The Australian dollar climbed to 0.6370 on Monday following China’s release of its 2025 annual policy statement on Sunday. The statement outlined plans to advance rural reforms and drive comprehensive rural revitalization, boosting optimism about China’s economic outlook. Given China’s significance as Australia’s key trading partner, these stimulus measures could further support the AUD. 🔆Additionally, the AUD/USD pair gained traction as US President Donald Trump signaled potential progress in trade talks with China, easing concerns over tariffs. Investors will remain attentive to any new tariff-related updates from Trump. 🔆Last week, the Reserve Bank of Australia (RBA) cut its Official Cash Rate (OCR) by 25 basis points to 4.10%, marking its first rate reduction in four years. RBA Governor Michele Bullock acknowledged the burden of high interest rates but warned that inflation was still a concern. She highlighted the resilience of the labor market and clarified that future rate cuts are not guaranteed, despite market expectations. 🔆The Australian dollar continued to strengthen as the US dollar weakened, following disappointing US economic data. Personal opinion: 🔆AUD will increase in the short term after considering the recent good news, but then there will be a technical adjustment at the 0.6420 area. Technical analysis: 🔆Based on important support - resistance levels combined with trend lines to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Sell AUDUSD 0.6420 – 0.6435 ❌SL: 0.6480 | ✅TP: 0.6390 – 0.6350 – 0.6300 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
Gold Trend in US Session - Short-term DowntrendGold news: 🔆Gold is in a short-term correction after entering the extreme buy zone (RSI) in the previous days. After failing to completely break the ATH 2956 resistance level, the sellers rushed in strongly to dominate the market. As a result, gold fell nearly 1.5% yesterday. 🔆In addition, the DXY index recovered today and the US 10-year bond yield suddenly increased by 0.5% in the Asian session, which is also supporting the short-term strength of the Dollar, causing gold to fall slightly Personal opinion: Gold will have another short-term correction to gain momentum for the main uptrend. After all, the trade war and gloomy US economic data are still there. And the war between countries is still complicated, making it difficult for gold to fall sharply Plan: 🔆 Setting price range: 👉Buy gold 2924 -2927 ❌SL: 2933 | ✅TP: 2918 – 2906 – 2895 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDShort
by FM-ForexMastermind
1
AUD/USD Trend This Week – Retest and Continue Falling?AUD/USD news: 🔆Investors view President Trump’s $4.5 trillion tax cut bill as supportive of economic growth and likely to drive inflation higher. This expectation could prompt Federal Reserve (Fed) officials to keep monetary policy restrictive for an extended period, strengthening the US dollar. 🔆At the same time, the Australian Dollar (AUD) has lagged behind its peers due to weaker-than-expected growth in Australia’s Monthly Consumer Price Index (CPI) for January. The CPI increased by 2.5% year-over-year, slightly below the forecast of 2.6% but maintaining the same pace as in December. 🔆Last week, the Reserve Bank of Australia (RBA) reaffirmed that inflation remains a concern after cutting interest rates by 25 basis points to 4.1%. 🔆Looking ahead, concerns over Trump’s tariff policies could keep pressure on the Aussie Dollar. So far, Trump has imposed a 10% tariff on Chinese imports and has threatened a 100% levy on BRICS nations if they attempt to challenge the US dollar’s dominance. Personal opinion: 🔆Due to the impact of the news, the AUD is a risk-sensitive currency to the USD market and there is no positive sign from the Australian central bank (RBA), so the AUD/USD pair will still maintain a downtrend in the short term Analysis: 🔆Based on the trend line and important Fibonacci levels combined with fundamental news to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Buy AUD/USD 0.6320 - 0.6330 ❌SL: 0.6365 | ✅TP: 0.6280 – 0.6250 – 0.6200 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
NZD/USD pair trend this weekNZD/USD news: 🔆The US House of Representatives has approved President Donald Trump’s $4.5 trillion tax cut plan, which aims to overhaul the tax system, stimulate economic growth, and ease regulations to foster a more business-friendly environment. This has contributed to a strong rebound in the US dollar. 🔆Additionally, investors anticipate that Trump’s tax policies could drive inflation higher, potentially compelling the Federal Reserve to maintain a tight monetary policy stance. 🔆In Asia, US 10-year bond yields increased by 0.5%, further supporting the greenback. 🔆Meanwhile, the New Zealand dollar has weakened since Friday, following the Reserve Bank of New Zealand’s (RBNZ) February 19 policy decision to cut the official cash rate by 50 basis points to 3.75%, as expected. This rate cut has made the NZD less appealing compared to the USD. Personal opinion: 🔆The NZD/USD pair still maintains the current downtrend. The USD has more room to increase compared to the underperformance of the NZD. Analysis: 🔆Based on fundamental information combined with important resistance - support levels and trend lines to come up with a suitable plan 🔆 Price Zone Setup: 👉Buy NZD/USD 0.5690 - 0.5700 ❌SL: 0.5740 | ✅TP: 0.5660 – 0.5600 – 0.5550 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
2
#TRUMPUSDT – Bearish Scenario, Breakout Down📉 SHORT BYBIT:TRUMPUSDT.P from $12.278 🛡 Stop Loss: $12.599 ⏱ 1H Timeframe ⚡ Trade Plan: ✅ The BYBIT:TRUMPUSDT.P price has formed a Bearish Flag and broke its lower boundary, confirming a bearish scenario. ✅ The asset is trading below POC (Point of Control) at $12.978, indicating strong seller dominance. ✅ Increasing volume on the breakdown further confirms the strength of the downward move. 🎯 TP Targets: 💎 TP 1: $12.100 🔥 TP 2: $11.900 ⚡ TP 3: $11.785 📢 A close below $12.278 would confirm further downside movement. 📢 POC at $12.978 is a strong resistance level that the price failed to break. 📢 Increasing volume on the drop supports the bearish outlook. 📢 Securing partial profits at TP1 ($12.100) is a smart risk-management strategy. 🚨 BYBIT:TRUMPUSDT.P remains in a downtrend – monitoring for continuation and securing profits at TP levels!
Short
by MoriartyTrading
3
EUR/USD Bearish Trigger: 1.0400 Break Targets 1.0323 & 1.0270 EUR/USD is hovering around the 1.0400 support—a key level also marking the lower boundary of its recent flat zone. A definitive break below this threshold could trigger a downside continuation, exposing Expect Level 1 (1.0323) and potentially Expect Level 2 (1.0270). Strong resistance near 1.0530 remains intact, reinforcing the bearish bias. As long as price remains below the broken trendline and fails to reclaim the flat-zone highs, sellers appear poised to drive the pair toward these lower Fibonacci-based targets.
Short
by ClearTradingMind
Will the USD/CHF trend continue to decline?USD/CHF news: 👉The USD/CHF pair rose to near 0.8950 on Wednesday in early European trade, snapping a four-day losing streak. The greenback rebounded from an 11-week low as the Federal Reserve’s cautious approach helped limit the greenback’s losses. 👉Meanwhile, a 0.5% rise in the benchmark 10-year Treasury yield also contributed to the greenback’s strength 👉However, weak consumer confidence data from the Conference Board could dampen investor sentiment and put selling pressure on the greenback. Together with other disappointing economic indicators, this has reinforced expectations for two 25 basis point rate cuts by the Fed this year, with the next one expected in July. Personal opinion: 👉USD/CHF remains bearish in line with the main trend. There will be a correction to the upside due to the rise in US 10-year bond yields but this is an opportunity for sellers to jump in at better prices Analysis: 👉Based on important Fibonacci levels and trend lines combined with fundamental information to come up with a suitable strategy Plan: 🔆 Setting up the price zone: 👉Buy USD/CHF 0.8960 – 0.8970 ❌SL: 0.9010 | ✅TP: 0.8920 – 0.8880– 1.0600 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
#TAIUSDT – Bearish Scenario, Expecting a Downward Breakout📉 SHORT BYBIT:TAIUSDT.P from $0.11880 🛡 Stop Loss: $0.12155 ⏱ 15M Timeframe ⚡ Trade Plan: ✅ The BYBIT:TAIUSDT.P price is in a downtrend, continuing to decline after testing the POC (Point of Control) at $0.13002. ✅ The asset is currently near the $0.11887–$0.12155 support zone, and a breakdown could trigger further selling pressure. 🎯 TP Targets: 💎 TP 1: $0.11550 🔥 TP 2: $0.11305 📢 A close below $0.11880 would confirm the downward move. 📢 POC at $0.13002 acted as a major resistance where buyers were active. 📢 Increasing volume on the decline supports the bearish momentum. 📢 The first TP at $0.11550 is a level where partial profit-taking is recommended. 🚨 BYBIT:TAIUSDT.P remains under pressure – monitoring for a confirmed breakdown and securing profits at TP levels.
Short
by MoriartyTrading