NZD_CAD POTENTIAL LONG|
✅NZD_CAD is trading in a
Local uptrend and the made
A bullish breakout of the falling
Resistance line which is now
A support and the pair made a
Retest of the line and is already
Making a bullish rebound
So we will be expecting a
Further bullish move up
LONG🚀
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Signals
NZD-USD Risky Long! Buy!
Hello,Traders!
NZD-USD made a retest
Of the horizontal support
Level 0.5687 and we are
Already seeing a local
Bullish reaction so we
Are locally bullish baised
And we will be expecting
A further bullish move up
Buy!
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"EURNZD Bullish Momentum Continues: Next Wave After Retest"EURNZD has followed the predicted bullish momentum, currently trading at 1.89 and aiming for the 1.93 target. The pair remains strong within its uptrend, signaling continued buying pressure. However, a small retesting phase is likely before the next bullish wave, allowing the market to confirm support levels and attract further buyers. This setup aligns with the technical outlook, reinforcing the expectation of further upside movement.
A minor retracement or consolidation at current levels could offer a healthy correction, giving traders an opportunity to re-enter before the next surge. Fundamental factors, including recent economic data from the Eurozone and New Zealand, suggest a favorable scenario for EUR strength. If risk sentiment remains positive and the European economy continues showing resilience, EURNZD could gain further momentum toward the 1.93 target.
Traders should watch for confirmation signals such as increased volume, bullish candlestick formations, or breakouts from key resistance zones. If the pair successfully holds above its retesting level, the next leg of the rally could unfold, offering another profitable move. As always, proper risk management is crucial to navigate potential market fluctuations effectively.
GOLD MARKET ANALYSIS AND COMMENTARY - [March 10 - March 14]OANDA:XAUUSD have recovered strongly this week, rising from $2,858/oz to $2,930/oz before adjusting to $2,910/oz. The main reason is political tension when US President Donald Trump stopped military aid to Ukraine and threatened to sanction Russia if it did not negotiate a ceasefire. This increased instability, supporting gold prices. However, if Russia and Ukraine move towards peace negotiations, gold prices may face downward pressure in the short term, although the possibility is still low.
Furthermore, Mr. Trump’s move forced the European Union (EU) to launch a spending package of nearly 1 trillion euros to strengthen the defense of EU member states. This means that the EU’s budget deficit will become larger, leading to higher inflation and lower growth, thereby increasing the role of gold as a safe haven.
The US non-farm payrolls (NFP) figure for February came in at 151,000, slightly below the forecast of 159,000. The unemployment rate edged up slightly to 4.1% from 4% in January, but the labor market remains untroubled. As a result, the Fed may maintain its current interest rate. Fed Chairman Jerome Powell also stressed that the central bank is in no hurry to cut interest rates as the labor market remains strong and inflation risks remain high.
Rising inflation while the Fed maintains stable interest rates has caused real interest rates to fall, supporting gold prices. In addition, economic instability due to US tariff policies and the complicated developments of the Russia-Ukraine war have also increased the demand for safe haven gold. However, since most of the risks have been reflected in prices, gold may not increase sharply next week and there is a risk of correction due to short-term profit-taking pressure.
🕹SOME DATA THAT MAY AFFECT GOLD PRICES NEXT WEEK:
Inflation will be in focus next week as markets digest a number of key data on US prices and consumer spending. The most notable is the February CPI report on Wednesday, followed by the PPI on Thursday, and the University of Michigan consumer sentiment survey on Friday. Other key events include the US JOLTS jobs report on Tuesday, the Bank of Canada interest rate decision on Wednesday morning, and the US weekly jobless claims report on Thursday.
📌Technically, gold prices will fluctuate in a relatively narrow daily range next week with support at $2,890/oz and resistance at $2,930/oz. If gold prices rise above $2,930/oz next week, they could rise to $2,950/oz, followed by strong resistance at $3,000/oz. However, if gold prices are pushed below $2,890/oz next week, they could fall to the $2,835-$2,860/oz range.
Notable technical levels are listed below.
Support: 2,900 – 2,880 – 2,868USD
Resistance: 2,929 – 2,942 – 2,956USD
SELL XAUUSD PRICE 2976 - 2974⚡️
↠↠ Stoploss 2980
BUY XAUUSD PRICE 2809 - 2811⚡️
↠↠ Stoploss 2805
NAS100USD Will Go Higher! Buy!
Take a look at our analysis for NAS100USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 20,175.5.
Taking into consideration the structure & trend analysis, I believe that the market will reach 21,410.0 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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EURUSD Will Go Up! Long!
Please, check our technical outlook for EURUSD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.082.
Considering the today's price action, probabilities will be high to see a movement to 1.093.
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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EUR-USD Correction Ahead! Sell!
Hello,Traders!
EUR-USD is trading in an
Uptrend and the pair is
Locally overbought so after
The retest of the horizontal
Resistance level of 1.0942
We will be expecting a local
Bearish correction
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR-CHF Local Long! Buy!
Hello,Traders!
EUR-CHF is retesting a
Horizontal support level
Of 0.9518 while trading
In an uptrend so we are
Bullish biased and we
Will be expecting a bullish
Rebound and a move up
Buy!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD_CHF SWING LONG|
✅USD_CHF is approaching a demand level of 0.8704
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
LONG🚀
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Lingrid | SUIUSDT continued DOWNTREND with NEW Lower LowsBINANCE:SUIUSDT is currently showing lower lows, indicating a selling trend in the market. Although it seems to have stabilized around the 2.50 level, a closer look at the price action reveals the formation of bearish long-tailed bars, suggesting potential for further declines. Given the prevailing bearish dominance, I think there is a possibility that the price may retest the support area above 2.00. I expect it to be a critical point for the market in the near future. The bearish sentiment suggests that we may look for opportunities to short the asset as it approaches this support level. My goal is support zone around 2.18
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
BITCOIN Will Go Up From Support! Long!
Here is our detailed technical review for BITCOIN.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 86,185.31.
The above observations make me that the market will inevitably achieve 90,311.38 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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USDJPY Will Go Lower! Short!
Take a look at our analysis for USDJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 148.026.
Taking into consideration the structure & trend analysis, I believe that the market will reach 146.677 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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GBPUSD Will Go Down! Sell!
Please, check our technical outlook for GBPUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.291.
Considering the today's price action, probabilities will be high to see a movement to 1.271.
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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USD-CHF Support Ahead! Buy!
Hello,Traders!
USD-CHF keeps falling down
In a strong downtrend but the
Pair is locally oversold so after
The horizontal support level
Of 0.8760 is retested we will
Be expecting a local
Bullish correction
Buy!
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USDCHF at Key Support Zone – Potential Rebound to 0.89000OANDA:USDCHF has reached a significant support zone, marked by prior price reactions and strong buying interest. This area has previously acted as a key demand zone, increasing the likelihood of a bullish bounce if buyers step in.
If the price confirms support within this zone through bullish price action—such as long lower wicks or bullish engulfing candles—we could see a reversal toward 0.89000, a logical target based on previous market structure and price behavior.
However, if the price breaks below this support zone and sustains, the bullish outlook would be invalidated, potentially leading to further downside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
AMD Bottom pricing inside 3 weeks. MASSIVE BUY.Advanced Micro Devices (AMD) have been on a downtrend for exactly 1 year, every since the March 04 2024 Top. That was a technical Higher High on the 5-year Channel Up.
With the price trading below even its 1W MA200 (orange trend-line), there is a massive underlying buy opportunity on the stock for the long-term. That's because this 1-year downtrend is the technical Bearish Leg of this Channel Up, whose previous one bottomed 2 weeks after breaking below the 0.618 Fibonacci retracement level, contained at the same time above the 0.786 Fib.
As you can see, the price is just above the current 0.618 Fib and the 0.786 Fib is just below the Channel Up, where the ultimate macro Support of the 1M MA100 (red trend-line) is headed.
With the 1W RSI almost oversold and on the exact level where the previous Channel Up bottom (October 10 2022) was formed, the stock is technically entering its long-term buy opportunity zone.
Based on this pattern, the R/R is already on excellent levels for a buy and we expect the bottom to be formed within the next 3 weeks. If the new Bullish Leg imitates the previous one and rises by +315%, we can expect AMD to have its next Top at $320.
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