ETHUSD Will Go Higher From Support! Buy!
Take a look at our analysis for ETHUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 2,224.8.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2,506.1 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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Signals
ETHUSD WEEKLY CHARTS (ETHUSD)Alternative (Bullish) Analysis
1. Potential Breakout Above 2835 Resistance
The current analysis assumes Ethereum will reject from the 2835 resistance and drop back to 2146.
However, given the strong upward momentum (+13.46%), ETH could break above 2835 instead of reversing.
A daily close above 2835 could trigger a rally toward 3000+.
2. Support Holding at Higher Levels
Instead of expecting a drop to 2146, ETH may form a higher low around 2400 – 2500, which would confirm bullish continuation.
If it retests 2500 and holds, it could bounce back up toward the resistance and push higher.
3. Volume & Momentum Confirmation
The sharp breakout suggests strong buying pressure.
If volume remains high, ETH could invalidate the resistance level and start a new uptrend.
4. Market Sentiment & Macro Factors
If Bitcoin remains bullish, Ethereum will likely follow suit, pushing above resistance levels.
The broader crypto market’s strength could support a continuation rather than a rejection.
Conclusion
Instead of expecting a double-top rejection at 2835, traders should watch for a potential breakout. If ETH stabilizes above 2500, it could lead to a move toward 3000, rather than a drop to 2146
EUR/USD Bearish Outlook – Key Levels & Trade Setups📊 Technical Analysis EUR/USD
Timeframe: Likely Weekly (1W)
Current Price: ~1.0416
📉 Bearish Context:
Key Resistance: 1.05290
This zone has been tested multiple times without a breakout, indicating strong selling pressure.
It aligns with a liquidity area visible in the red rectangle.
Also near the yellow moving average (likely 50 or 100 periods), acting as dynamic resistance.
Key Support: 1.02838
Marked in blue as a potential short-term target.
A level that previously provided support and may attract buyers again.
📉 Current Scenario:
The price has rejected the 1.0529 resistance with a strong bearish candle.
A breakdown from the gray zone suggests a potential continuation downward.
If selling pressure persists, the 1.02838 target could be reached.
📈 Potential Trading Strategies:
🔻 Short Scenario (Bearish Bias):
Entry: Below 1.0430 after confirmation with a daily bearish close.
Target 1: 1.02838
Target 2: Below 1.0200 (depending on price action).
Stop Loss: Above 1.0500 (to avoid false breakouts).
🔼 Long Scenario (Less Likely Bullish Setup):
Entry: Confirmed bounce above 1.02838 with a strong reversal candle.
Target: Retest of 1.0529, with a stop below 1.0280.
📌 Final Considerations:
The current structure favors a short-term bearish continuation.
Key areas (support and resistance) will be crucial for the next move.
Watch for macroeconomic data and volatility, as they could impact the trend.
GBPCHF - Potential Buy Setup at Key Support LevelOANDA:GBPCHF is currently approaching the lower boundary of the ascending channel, aligning with a key support zone where buyers may step in.
This area has previously acted as a strong support level, suggesting that if the price confirms a bullish rejection, we could see a move higher toward the 1.13750 level, which represents a logical target for this setup. However, a break below this trendline would invalidate the bullish outlook and could lead to further downside.
This setup reflects a potential bounce from channel support, in line with the prevailing uptrend.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments! 🚀
EURNZD – Bullish Continuation Toward 1.86640OANDA:EURNZD is currently trading within an ascending channel, maintaining a strong bullish momentum. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward 1.86640, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀📈
GBPZAR - Sell Setup at Key Resistance LevelOANDA:GBPZAR has reached a significant resistance zone, a level where sellers have consistently stepped in, leading to notable bearish reversals in the past. This area is marked by strong selling interest and historical price reactions, increasing the likelihood of a bearish move if sellers regain control.
The current price action suggests that if the pair confirms resistance through signals like bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward 23.41160 — a logical target based on previous price behavior and market structure.
However, if the price breaks above this zone and sustains, the bearish outlook may be invalidated, opening the door for further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
USDJPY - Bullish Continuation in Play?OANDA:USDJPY currently trading within an ascending channel, indicating a prevailing bullish trend. The pair has broken above a key resistance zone and may now pull back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward the 151.700 level, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀
GBPUSD Approaching Major Resistance — Potential Sell SetupOANDA:GBPUSD is approaching a significant resistance zone, a level where sellers have consistently stepped in, leading to notable bearish reversals in the past. This area is marked by strong selling interest and historical price reactions, increasing the likelihood of a bearish move if sellers regain control.
The current price action suggests that if the pair confirms resistance through signals like bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward 1.25770—a logical target based on previous price behavior and market structure.
However, if the price breaks above this zone and sustains, the bearish outlook may be invalidated, opening the door for further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
EURUSD Approaching Key Resistance – Will Sellers Step In?OANDA:EURUSD is approaching a significant resistance zone, highlighted by previous price reactions and strong selling interest. This area has historically acted as a supply zone, where sellers have stepped in, leading to notable price reversals. The current price action suggests a potential bearish reaction if the resistance holds.
If sellers maintain control, we could see a decline toward the 1.03940 level, which represents a logical target based on the current market structure. Confirmation signals—such as a bearish engulfing candle, rejection wick, or increased selling volume—would strengthen the bearish outlook.
However, if the price breaks above this resistance zone and sustains momentum, the bearish outlook may be invalidated, signaling a potential shift in favor of buyers.
Monitoring how price reacts to this zone is crucial for identifying entry opportunities. As always, applying proper risk management is essential given the potential for volatility.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
GBPNZD - Bullish Continuation in Play?OANDA:GBPNZD is currently trading within an ascending channel, indicating a strong uptrend. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward 2.26160, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀📈
US500 Will Go Up! Buy!
Take a look at our analysis for US500.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 5,973.19.
Taking into consideration the structure & trend analysis, I believe that the market will reach 6,138.47 level soon.
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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SILVER Will Move Higher! Long!
Please, check our technical outlook for SILVER.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 31.462.
Considering the today's price action, probabilities will be high to see a movement to 32.363.
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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AUDUSD Is Bullish! Buy!
Here is our detailed technical review for AUDUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.622.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.632 level.
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.
Like and subscribe and comment my ideas if you enjoy them!
GBPJPY Is Very Bearish! Short!
Take a look at our analysis for GBPJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 190.747.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 186.982 level.
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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EURAUD – Bullish Continuation Toward 1.68270OANDA:EURAUD is currently trading within an ascending channel, maintaining a strong bullish structure. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward 1.68270, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀📈
XAUUSD: Short-selling strategy preferred!Dear traders!
Gold prices are currently consolidating their recovery from the three-week low of $2,833, reached on Monday morning, as the market braces for a volatile week amid upcoming U.S. tariffs and ceasefire talks with Ukraine.
From a technical perspective, based on the EMA 34 and 89, along with the recent drop below $2,900, we continue to favor a short-selling strategy.