ETHUSD Will Go Lower! Sell!
Please, check our technical outlook for ETHUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 2,711.4.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2,156.7 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Signals
GBPJPY Will Go Down! Short!
Here is our detailed technical review for GBPJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 191.536.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 188.947 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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AUDCHF Will Move Lower! Sell!
Take a look at our analysis for AUDCHF.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.575.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.571 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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Lingrid | SOLUSDT monthly Low FALSE Break. Potential BUYThe price perfectly fulfilled my previous idea. The market has reached the January low, as I predicted in my previous post. It has also almost touched the November low. I believe the market might bounce off the support level around the 150 level, a significant psychological level, and then move higher. Before the recent drop, the price formed a triangle pattern, which on the weekly timeframe looks like a potential fakey pattern. This pattern suggests a reversal. If the price closes above 175 at the end of this week, there is a high probability of the market moving to higher levels. I expect some consolidation at this support zone before a further upward movement, especially given the fake breakout of the previous month's low. My goal is resistance zone around 200
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NZD/USD Strength Persists: Dips Remain Buying OpportunitiesOver the past two weeks, I have drawn attention to major USD pairs, suggesting that a reversal could be imminent and that an upside correction might follow the downtrend from the last quarter of 2024.
NZD/USD is no exception. After finding strong support around the 0.5550 zone, the pair began to reverse to the upside. Following last week’s higher low, it broke resistance on Friday. After an initial correction and confirmation, bulls have regained control.
I expect NZD strength to continue, and as long as 0.5650 holds, there is a high probability of a move toward 0.58 or higher.
In conclusion, buying dips remains a favorable strategy, aiming for a risk-reward ratio of at least 1:2.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
The gold market has largely recovered after the sharp sell-offGold prices have been suppressed, but this is about to end as supply is tight and gold flows out of London and the US could re-price gold.
Andy Schectman - President of Miles Franklin Precious Metals said that one of the most worrying problems in the current gold market is that it is increasingly difficult to find and buy physical gold. "Currently, the LBMA takes six to eight weeks to deliver gold - in essence, this is almost a form of default," he said.
In China, some major banks have announced they have run out of gold products due to strong demand. In South Korea, the country's mint has temporarily stopped selling gold bars because of tight supply.
The world's largest gold ETF - SPDR Gold Trust (GLD) has just withdrawn 16 tons of gold. He said this could be a sign that institutional investors are withdrawing physical gold from the fund, reflecting a loss of confidence in the "paper gold" market.
SILVER Growth Ahead! Buy!
Hello,Traders!
SILVER made a bullish
Breakout of key horizontal
Level of 32.60$ and the
Breakout is confirmed
Which combined with the
Fact that Silver is trading in
A strong uptrend makes us
Bullish biased and we will
Be expecting further growth
Buy!
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GOLD STRONG BULLISH BIAS|LONG|
✅GOL D made a strong bullish
Rebound from the horizontal
Support below of 2868$ just as
We predicted in our previous
Analysis and and is going up now
Which combined with the fact
That gold is trading in a strong
Long-term uptrend along the
Rising support line makes us
Bullish biased and IF we see a
Bullish breakout of the
Horizontal resistance level above
Around 2940$ this will serve as
A confirmation of our bullish
Bias and we will be expecting
A further bullish continuation on Gold
SWING LONG🚀
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#IOUSDT remains under strong selling pressure📉 SHORT BYBIT:IOUSDT.P from $1.235
🛡 Stop Loss: $1.258
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:IOUSDT.P continues its downward movement, trading near the $1.235 level, which acts as a potential breakdown zone.
➡️ The highest liquidity area (POC) is at $1.41, significantly above the current price, indicating strong seller dominance.
➡️ The price has broken a key support level, confirming the bearish trend.
➡️ If the price consolidates below $1.235, further declines to target levels are expected.
⚡ Plan:
➡️ Enter short below $1.235 upon confirmation of bearish momentum.
➡️ Risk management through Stop-Loss at $1.258 to protect against sudden reversals.
🎯 TP Targets:
💎 TP1: $1.210
🔥 TP2: $1.185
🚀 BYBIT:IOUSDT.P remains under strong selling pressure, and a breakdown below $1.235 could accelerate the downward move.
GOLD Very Risky Short! Sell!
Hello,Traders!
GOLD is trading in an
Strong uptrend but the
Price will soon hit a strong
Horizontal resistance level
Of 2943$ which is an
All-time-high so after the
Retest we will be expecting
A local bearish correction
Sell!
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XAUUSD - Consolidation, what’s next?Here is our in-depth detailed view on XAUUSD . Potential opportunities and what to look out for. This is a detailed overview on the pair sharing possible entries and important Key Levels.
Alright first, taking a look at XAUUSD from a lower time-frame . For this we will be looking at the m15 time-frame .
As of right now, we are consolidating on OANDA:XAUUSD The best “signal” for now is to sit on our hands and wait for a clear break. Right now we are in a range from around 2905.6 and 2896 . Until we get a clear break , we can’t know the direction of the pair just yet. So, breaking down everything and understanding the importance of Key Levels we have several outcomes possibly in play.
Scenario 1: BUYS at the break to the upside (from the consolidation area)
- We broke above our consolidation area.
With the break to the upside, we can expect to see 2915 or a deeper revisit of 2920. At this point we would have to see if we make any pullbacks, possibly revisiting the top of the consolidation area (now becoming our support).
Scenario 2: SELLS at the break to the downside (from the consolidation area)
- We broke below our consolidation area.
With the break to the downside, we can expect to see lower levels such as 2880. At this point we would have to see if we make any pullbacks and continue chugging away to the downside. With the breaks of current lows we have on gold, we can expect drops even down to 2840.
KEY NOTES
- XAUUSD is consolidating.
- Breaks to the upside would confirm buys.
- Breaks to the downside would confirm sells.
- Possible deeper digs to the upside from 2915.
Happy trading!
FxPocket
Gold–A Bullish Revival or Just a Correction After Friday's Drop?Yesterday was a very quiet day for TRADENATION:XAUUSD traders.
After a normal rebound from the 2880 support, the price hovered around 2900 in a low-volatility environment.
Overnight, bulls found some strength and pushed the price to a high of 2916. At the time of writing, Gold is trading around 2910.
In my view, this is merely a correction following Friday’s sharp drop, not a resumption of the bullish trend. As I mentioned yesterday, I am looking to sell rallies.
My idea would be invalidated by a daily close above Friday’s high.
As for the target, in the medium term, we could see the price drop to 2850.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
GOLD rises above 2,900 USD again, attention to Trump and PutinOANDA:XAUUSD Spot delivery increased significantly due to factors such as a weaker US Dollar, geopolitical risks and uncertainty in US trade policy. As of the time this article was completed, spot gold increased to 2,909 USD/oz, an increase equivalent to 0.39% on the day.
The World Gold Council revealed central banks purchased more than 1,000 tons of gold for the third consecutive year in 2024. According to the World Gold Council, central banks' gold purchases increased 54% year-on-year to 333 tons after Trump won the election.
On Monday local time, at the suggestion of French President Macron, leaders of many European countries held an emergency meeting in the French capital Paris to discuss issues such as the situation in Ukraine and collective European security.
According to French press reports, the biggest disagreement at the meeting that day was whether to send troops to Ukraine under the peacekeeping framework or not. British Prime Minister Starmer said the UK is ready to send ground troops if necessary. Germany and Spain objected.
At the same time, Ukraine's peace negotiations also became the focus of market attention. Russian Foreign Minister Sergei Lavrov said on Monday that he would travel to the Saudi capital Riyadh and hold talks with US representatives on Tuesday.
US President Donald Trump said on Sunday that he will soon meet Russian President Vladimir Putin in Saudi Arabia.
If a peace agreement is reached between Russia and Ukraine, this may be the driving force for gold to be able to adjust significantly down in the near future. On the contrary, if the agreement "goes nowhere", gold will continue to increase in price because geopolitical risks once again increase.
Analysis of technical prospects for OANDA:XAUUSD
From the support level of 2,881 USD, note to readers in the previous issue that gold has surpassed the initial target level at the original price point of 2,900 USD and currently maintains price activity above this level.
With the current position, gold has conditions to continue to increase in price with the goal of reaching an all-time peak rather than renewing the previously achieved all-time peak.
The upward relative strength index shows that the bearish momentum is also weakening, giving way to overwhelming buying force.
In general, in terms of the overall technical picture, gold still tends to be completely bullish, and notable positions will be listed as follows.
Support: 2,900 – 2,881 – 2,857USD
Resistance: 2,942USD
SELL XAUUSD PRICE 2921 - 2919⚡️
↠↠ Stoploss 2925
→Take Profit 1 2913
↨
→Take Profit 2 2907
BUY XAUUSD PRICE 2849 - 2851⚡️
↠↠ Stoploss 2845
→Take Profit 1 2857
↨
→Take Profit 2 2863
S&P500 Remarkable 16year Time Cycles call the Top and CorrectionThe S&P500 index (SPX) just made a new All Time High (ATH) and even though it hasn't picked up the pace since the initial very aggressive post-elections rally, it is entering a bullish phase.
In fact that is technically the last rally phase of the Bull Cycle that started at the bottom of the 2022 Inflation Crisis in October 2022. The reason behind this is the index' very reliable and consistent Time Cycle pattern that is repeated over and over again within the 16-year Channel Up that had been holding since the bottom of the 2009 Housing Crisis.
As you can see on this remarkable trading blue-print, ever since the index recovered the 1M MA50 (blue trend-line) and turned it into its long-term Support, strong Cycles of Growth (Bullish Leg) and correction (Bearish Leg) phases became the norm.
Using the 1M RSI specific overbought pattern, we can see that from those points onwards, the Bull Cycle usually took around 12 months before it topped (Higher High on the Channel Up) and then corrected.
This suggests that by September 2025 we may have a new peak and it would be a good idea to have sold stock investments by then. The first two 12-month rallies (2014, 2018) posted +22.10% increases while the third (2021) posted +27.80%.
As a result this gives us a potential range of 6800 - 7200 within which selling should occur, in preparation for the 2026 correction.
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AUDNZD Ascending Triangle Bullish Breakout Targeting 1.1340The AUDNZD currency pair is currently trading at 1.1140, with a target price of 1.1340, suggesting a potential upward move of 100+ pips. The pair is forming an ascending triangle pattern, a classic bullish continuation pattern. This pattern typically forms when the price consistently makes higher lows while encountering a horizontal resistance level, signaling a potential breakout above the resistance. Traders are looking for a confirmation of the breakout above the resistance level to target 1.1340.
From a technical perspective, the ascending triangle is often a sign of market indecision, but it’s typically followed by a breakout to the upside when the price pushes through the resistance at the top of the triangle. In this case, the breakout would likely target the 1.1340 level, where the next significant resistance could come into play.
On the fundamental side, the Australian dollar has been relatively stronger recently due to robust commodity exports, particularly iron ore and coal. In contrast, the New Zealand dollar faces pressure from a more dovish outlook from the Reserve Bank of New Zealand, which has recently taken a cautious approach to monetary policy. These economic dynamics could support the bullish case for AUDNZD, especially if the breakout occurs in favor of the Aussie dollar.
In summary, the ascending triangle pattern on AUDNZD points toward a bullish breakout above the 1.1160 resistance. If confirmed, the pair could target the 1.1340 level. Keep an eye on any upcoming economic data from both Australia and New Zealand, as these could provide further confirmation or invalidate the breakout.
Lingrid | GOLD Consolidation ZONE: Possible SHORT SetupOANDA:XAUUSD pulled back to the 2915-2920 resistance zone, as suggested in yesterday's analysis, forming an ABCD move. Looking at the previous price action, we can see that the current bearish momentum is stronger than the previous one, while the current bullish rebound is comparatively weaker. This suggests that we may be entering a consolidation phase or potentially a deeper retracement. We usually see a roll back after the completion of the ABCD move, so I expect a potential bounce from this resistance area. However, with important news scheduled for today, we could see price either break higher or go to lower levels, so caution should be exercised. My goal is support level around 2880
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
NAS100USD Will Go Up From Support! Buy!
Take a look at our analysis for NAS100USD.
Time Frame: 7h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 22,227.8.
Taking into consideration the structure & trend analysis, I believe that the market will reach 22,600.4 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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USOIL Will Go Higher! Long!
Please, check our technical outlook for USOIL.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 71.720.
Considering the today's price action, probabilities will be high to see a movement to 73.515.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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NZDUSD Will Go Down! Short!
Here is our detailed technical review for NZDUSD.
Time Frame: 5h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.571.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.566 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
GBPAUD Will Move Lower! Sell!
Take a look at our analysis for GBPAUD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.983.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.964 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!