GBPUSD Breaks Out – Is 1.40 Next?In my previous analysis, I highlighted that GBPUSD was trading in a strong resistance zone and warned of a potential correction toward the sub-1.31 support area.
While we did see a brief correction, bears lacked follow-through, and the pair reversed from 1.3136, never quite reaching the expected support zone.
🚀 Break Confirmed – Bulls in Control
After bouncing from just above the support zone at 1.3136, GBPUSD began to consolidate and build pressure right under the key resistance area.
That build-up acted as a launchpad, and now we have a clean breakout, with price trading well above 1.35, currently around 1.3577.
This is a genuine breakout, following a textbook sequence: rejection above support, tight consolidation, and then a decisive push higher — all favoring continuation to the upside.
🎯 W hat’s Next?
The next obvious target is the psychological level at 1.40, which aligns with previous key levels and the overall momentum.
📊 Trading Plan:
The strategy remains simple: buying dips is preferred.
The 1.3450 area is an ideal zone to look for long opportunities, especially if the breakout is retested and confirmed as support.
📌 Don’t chase — let the market pull back, then follow the strength. Momentum is clearly with the bulls. 🚀
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Signals
EUR/USD at a Crossroads: Will the Bears Strike Back from 1.14? 📍1. TECHNICAL CONTEXT
EUR/USD is trading around 1.1405, inside an ascending channel and right within a supply zone (1.1370–1.1470), which already triggered a rejection on April 16. Price action currently shows hesitation, with three consecutive candles at the top of the channel and RSI divergence, suggesting a loss of bullish momentum after an overextension.
The bullish trendline from April remains intact and validated, but the upside is narrowing. Likely scenario: bullish exhaustion followed by a pullback towards 1.1270–1.1220, with a potential retest of both the trendline and the lower boundary of the channel.
📊2. COT REPORT (USD & EUR) – Updated to May 20
USD Index: Non-Commercials added +2,044 net longs, but also +1,975 new shorts. Open Interest rose by +2,207 → a more active market, but still mixed. Net exposure remains neutral to slightly bearish for the dollar.
EURO FX: Non-Commercials cut -3,587 longs and added +6,814 shorts, while Commercials increased longs by +16,796. Speculative funds are gradually shifting short on the Euro, while Commercials continue to hedge long.
→ Combined read: Large speculators are reducing their Euro exposure and staying cautious on the Dollar. Short-term pressure on EUR/USD remains bearish, though no macro reversal yet.
📉3. SENTIMENT & POSITIONING
Retail sentiment shows 71% of traders are short EUR/USD — a classically contrarian signal. However, price is now sitting in a liquidity cluster where smart money might exploit a final squeeze before a real reversal.
Market depth shows strong imbalance, with long orders stacked above current price — suggesting potential stop hunt already triggered or about to fade.
🧭4. SEASONALITY
Historically, May is a bearish month for EUR/USD: -0.0079 on 20-year average, and -0.0163 on 10-year average. Seasonality supports late May weakness and potential downside continuation into early June.
✅ TRADING OUTLOOK
📌 Primary Bias: short-term corrective bearish, waiting for clearer reversal signals.
📌 Key Reaction Zone: 1.1400–1.1470 → structural short area, already tested.
📌 Bearish Target: 1.1270 > 1.1210 (golden pocket + trendline confluence)
📌 Setup invalidation: daily close above 1.1470 with volume → possible extension to 1.1550/1.1580
📌 Macro support: Commercials remain long on the Euro → underlying structure still bullish, but too early to fade short-term bearish momentum.
Silver Consolidates After Huge Drop – Breakout Ahead?At the beginning of April, XAGUSD experienced a dramatic decline, losing over 5,000 pips in just three trading days — a drop of more than 15% of its value.
However, after bottoming out on Monday, April 7, the price staged a sharp rebound and, within a week, was back around the 33.00 level.
📉➡️📈 From Panic to Pause – What’s Next?
For more than a month now, Silver has been trading in a tight range, between just under 32.00 and slightly above 33.00.
This consolidation forms a rectangle pattern, which is typically a continuation structure in technical analysis.
With this in mind, I expect further upside from Silver. A clean breakout above the current range could send the price toward the 35.00 zone — and possibly beyond this psychological level.
📊 Trading Plan:
As long as the 32.00 support holds, I remain bullish and will look to buy dips, aiming for a positive risk-reward setup, ideally around 1:2.
🧠 Consolidation breeds momentum — don’t sleep on Silver. If the genuine breakout comes, it could be explosive. 🚀
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GOLD rises impressively after mid-May declineUS President Trump once again used tariffs and the market's risk-off sentiment suddenly heated up. OANDA:XAUUSD jumped nearly 2% on Friday and the weekly gain reached nearly 5%.
OANDA:XAUUSD has grown impressively after a sharp decline in mid-May, taking advantage of safe-haven flows, the recovery was mainly due to growing investor concerns about the sustainability of US government debt. The market will likely continue to react to headlines surrounding the difficult US fiscal situation, trade relations and geopolitics.
On Friday local time, US President Trump said on his social media platform "Real Social" that he proposed to impose a 50% tariff on the European Union from June 1. Trump wrote that the main purpose of the establishment of the European Union was to "take advantage of the United States on trade". In addition, on Friday local time, Trump posted on "Real Social" that he had long told Apple CEO Tim Cook that he expected Apple's iPhones sold in the United States to be produced and manufactured in the United States, not in India or anywhere else. Trump said that otherwise, Apple would have to pay at least a 25% tariff to the United States.
Assessing the situation surrounding Trump
"Trump has been vocal in the past 24 hours, threatening to impose 50% tariffs on the European Union starting June 1, imposing major sanctions on Apple and taking on Harvard University, all of which have weighed on stocks but boosted gold prices.
Recurrent tariff concerns, coupled with low liquidity ahead of the long weekend, could exacerbate volatility."
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold has achieved its initial upside target at $3,371 which is the technical confluence of the 0.236% Fibonacci retracement with the upper edge of the price channel after receiving support from the confluence of the EMA21 with the 0.382% Fibonacci retracement.
In the short term, if gold breaks $3,371 it will tend to continue its bullish trend with the next target being $3,400 in the short term, more so than the last $3,435 which is the all-time high of $3,500.
As long as gold remains within/above the channel, the overall trend outlook is bullish, and the immediate support is currently around the $3,300 raw price point area with the 0.382% Fibonacci retracement level and EMA21. In case of a sell-off below $3,292, gold could still find short-term support at the $3,250 technical point and the 0.50% Fibonacci retracement level.
In terms of momentum, the Relative Strength Index (RSI) is pointing up from around the 50 mark, with the RSI still well above the overbought zone, suggesting room for further upside.
Looking ahead, the overall technical outlook for gold is bullish, with key points to watch out for as follows.
Support: $3,300 – $3,292 – $3,250
Resistance: $3,371 – $3,400 – $3,435
SELL XAUUSD PRICE 3391 - 3389⚡️
↠↠ Stop Loss 3395
→Take Profit 1 3383
↨
→Take Profit 2 3377
BUY XAUUSD PRICE 3299 - 3301⚡️
↠↠ Stop Loss 3295
→Take Profit 1 3307
↨
→Take Profit 2 3313
Critical Resistance Ahead–Will Gold Confirm the Bullish Reversal🔶 What happened last week on Gold (XAUUSD)?
Last week was an excellent one for Gold bulls – the price surged by nearly 1500 pips, fully recovering the drop from the 12–16 May week.
Looking at the chart, the decline from the last ATH at 3500 appears clearly corrective, forming a classic ABC 3-wave pattern which now seems complete.
Gold is currently testing a major confluence resistance zone, aligned with:
• The 17 April ATH
• The end-of-April resistance
• And the early May support
Also worth noting: this week’s breakout above resistance followed the formation of an ascending triangle, which is typically bullish.
________________________________________
❓ Key question – Will the bullish move continue, or will price reject from here?
________________________________________
🔍 Why a bullish continuation is probable:
1. The ABC corrective structure seems to have ended.
2. Price broke out after an ascending triangle – a bullish signal.
3. The broader structure still leans bullish after the ATH at 3500.
________________________________________
⚠️ But this resistance zone is critical:
• Without a clear breakout above 3360 zone, bulls don’t have full control.
• A drop below 3300 would shift momentum back to the bears, with 3360 becoming a potential lower high.
________________________________________
🧭 My Trading Plan:
✅ I favor a bullish scenario, aiming for:
• 3430
• 3500 (ATH retest)
❌ This outlook gets invalidated if price falls below 3300 – in that case, I’ll reassess for more downside.
________________________________________
🚀 The market must confirm the direction. We’re just here to read the map.
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GOLD Local Short! Sell!
Hello,Traders!
GOLD made a retest a
Horizontal resistance
Of 3,366$ and we are
Already seeing a local
Bearish reaction so a
Further local pullback
Is expected with the
Target being 3,337$ level
Sell!
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SILVER WILL FALL|SHORT|
✅SILVER has retested a key resistance level around 33.60$
And as the pair is already making a bearish pullback
A move down to retest the demand level below at 33.30$ is likely
SHORT🔥
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EUR_CAD RISKY LONG|
✅EUR_CAD is going down to retest
A horizontal support of 1.5570
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 1.5630
LONG🚀
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AUD-CAD Will Go UP! Buy!
Hello,Traders!
AUD-CAD made a retest
Of the horizontal support
Level of 0.8880 and we
Are already seeing a
Bullish rebound so we are
Locally bullish biased and
We will be expecting a
Further bullish move up
Buy!
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EUR_NZD LOCAL LONG|
✅EUR_NZD is going down now
But a strong support level is ahead at 1.8940
Thus I am expecting a rebound
And a move up towards the target of 1.9022
LONG🚀
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USD-CHF Free Signal! Buy!
Hello,Traders!
USD-CHF is once again
Retesting a horizontal support
Level around 0.8189 and the
Pair seems to have formed
A H&S pattern, so we are bearish
Biased, however, a local bullish
Rebound from the support
Is possible so while risky
A long trade still makes sense
With the Take Profit of 0.8238
And the Stop Loss of 0.8184
Buy!
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ETHUSD: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse ETHUSD together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 2,202.5 will confirm the new direction downwards with the target being the next key level of 2,489.5 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
BTCUSD: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse BTCUSD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 107,147.58 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
GOLD MARKET ANALYSIS AND COMMENTARY - [May 26 - May 30]This week, the price of OANDA:XAUUSD increased from 3,204 USD/oz to 3,365 USD/oz, and closed the week at 3,357 USD/oz.
The reason for the increase in gold price this week is due to:
🔹Moody's downgrades US credit rating, causing USD to fall.
🔹Unsuccessful US bond auction raises concerns about economic instability.
🔹President Trump threatens to raise tariffs on European goods, raising concerns about trade war.
🔹Escalating tensions in Ukraine, Middle East, increasing demand for safe haven gold.
Gold prices next week may fluctuate in both directions, meaning they will adjust and accumulate to wait for the results of US-China trade negotiations, US economic data, and whether Mr. Trump will decide to impose tariffs on Europe or not?
Next week, the US will release many important economic data, including:
➡️Durable Goods Orders (Tuesday),
➡️Minutes of the FED's May Policy Meeting (Wednesday),
➡️PCE Inflation Index (Friday).
With the Trump administration's tariff policy, inflationary pressures in the US have been under a lot of pressure. If the core PCE index in April increases more than expected, it may cause the FED to continue to keep interest rates unchanged at its July meeting. In this scenario, the USD may increase again, causing gold prices to be under pressure to adjust next week. However, gold prices next week will hardly decrease sharply if the PCE increases, because gold prices next week are still supported by other factors such as tariffs, geopolitical conflicts, etc.
📌Technically, on the H4 chart, gold prices are starting to break the Downtrend line and tend to move closer to the resistance level of 3432. Meanwhile, support is established around the dynamic resistance level of 3300. The gold price trend next week is likely to lean towards a slight increase scenario provided that the USD does not recover strongly and geopolitical tensions continue. However, investors need to be cautious with corrections due to profit-taking or sudden changes due to macroeconomic information. Gold prices next week may fluctuate in the range of 3300-3450.
Notable technical levels are listed below.
Support: 3,300 – 3,292 – 3,250USD
Resistance: 3,371 – 3,400 – 3,435USD
SELL XAUUSD PRICE 3451 - 3449⚡️
↠↠ Stop Loss 3455
BUY XAUUSD PRICE 3299 - 3301⚡️
↠↠ Stop Loss 3295
US30 Is Going Down! Sell!
Here is our detailed technical review for US30.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 41,575.9.
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 40,381.8 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.
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EURNZD Will Fall! Short!
Take a look at our analysis for EURNZD.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.899.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.880 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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Intraday scenariosMorning folks,
Now we do not see yet any background for a "big game". Market needs time to manifest the next step. We said previously that it might be either direct upside action or big reverse H&S on weekly chart.
Now it is too few time passed to understand this. On a daily chart we have bearish context and engulfing pattern. So all that we have for Mon-Tue is an intraday downside AB=CD setup with ~104 and 101K targets.
Cocoa Explosion Loading? Specs & Hedgers Agree🔍 Fundamental Analysis – Commitment of Traders (COT)
The latest COT report, dated May 13, 2025, reveals a strong bullish accumulation signal, with a significant increase in long positions across all major trader categories.
Specifically, Non-Commercials (speculative traders such as hedge funds and money managers) increased their long positions by +3,490 contracts while simultaneously reducing shorts by -467 contracts. This dynamic reflects renewed speculative confidence in the cocoa bullish trend.
Simultaneously, Commercials (typically producers and processors) added +5,187 long contracts and closed -661 short contracts. This is especially noteworthy, as commercials usually take the opposite side of speculators. Here, however, their alignment with speculators may indicate expectations of upcoming supply constraints or market stress.
Total open interest rose by more than +6,000 contracts, suggesting real capital inflow into the market rather than just rebalancing.
This alignment between speculators and institutional hedgers is rare and often precedes further price appreciation.
📈 Net Positions & Price Action
Looking at the “Net Positions & Prices” chart over the past year, it’s clear that Non-Commercial net positions are recovering after a notable drop in March and April. This reversal aligns with the technical bottom and the start of the current price rally.
Commercials, although still net short (in line with their historical bias), are reducing their bearish exposure, hinting at lower physical supply pressure or a need for hedging against further price increases.
Price action has reflected this narrative, surging higher following the April lows.
🕰️ Seasonal Analysis
Seasonality adds another layer to the analysis.
Historically, May tends to be flat or slightly bearish (10Y and 15Y averages), but the 2-Year seasonal line—which better reflects current market behavior—shows a strong bullish tendency starting mid-month. This supports the ongoing rebound and increases the likelihood of further upside in the short term.
Historical data also shows that June, while volatile, is often positive or neutral in shorter cycles.
📊 Technical Analysis
From a technical perspective, cocoa recently completed a strong bullish leg, rebounding from the 8,800–9,000 USD demand zone, identified as a clear area of institutional buying (evident through volume and impulsive candles).
The price then decisively broke through mid-range resistance levels and tested a key weekly supply zone between 11,200 and 11,500 USD, where it was initially rejected.
Currently, we are in a technical pullback, likely targeting the mitigation zone at 9,700–10,000 USD. This area represents a solid long entry opportunity if the market confirms a bullish structure on intraday charts (H1 or H4).
The RSI is near overbought, yet without divergence—suggesting the trend remains structurally bullish despite a natural correction.
🧭 Strategic Conclusion
Cocoa currently shows a rare convergence of bullish signals: supportive COT positioning, increasing net long interest, strong 2Y seasonality, and clear technical structure controlled by buyers.
However, after the recent sharp upside move, a correction to key support zones is likely before another bullish leg unfolds.
Corn at a Historical Turning Point? Corn futures are currently at a technically significant juncture. After an extended bearish phase from the yearly highs, price has reached a key monthly demand zone between 445 and 435 cents, an area that has historically triggered major reversals. This level is further validated by technical signals indicating potential exhaustion of the bearish momentum: the price action is showing rejection candles, and the RSI is recovering from oversold territory, creating room for a possible upside move.
However, it’s important to consider the seasonal context, which doesn’t favor an immediate reversal. Historical data shows that May, June, and July are statistically the weakest months for Corn. In particular, July tends to be highly bearish, with an average performance of -22% over the last 20 years and -36% over the last 10. This means that while the technical setup may suggest a potential bounce, seasonal pressure may continue to cap prices in the short term, making a sustained rally unlikely before August.
The COT positioning adds another layer of insight. Non-commercial traders (speculators) have recently closed a significant number of long positions and added shorts, reflecting strong bearish sentiment. In contrast, commercials (hedgers) have increased long exposure and decreased shorts, signaling optimism and a willingness to accumulate at these levels. This divergence often marks contrarian opportunities, especially when speculators are heavily short and commercials are heavily long—often a sign of a market bottom forming.
🧠 Summary:
Corn is sitting on major structural support, with early signs of a potential rebound. Yet, the seasonality remains bearish through mid-summer. The COT report, however, supports a bullish medium-term outlook, particularly heading into August–September, when prices historically begin to climb decisively.
🔔 Trading Outlook:
In the short term, tactical longs can be considered if the 445–435 area holds, with tight risk management. Initial targets are set at 465 and 472. The true strategic setup, however, is more likely to emerge in the coming months, with August as the key window for a sustained upside move supported by both seasonal and COT positioning.
USD/JPY Breakdown Incoming? 4 Powerful Signals Say 'Short Now'! The current landscape for USD/JPY signals a potential bearish reversal, supported by a convergence of technical, sentiment, and fundamental factors. Following a strong bullish leg from the 140 zone, price has reached the 146–147 resistance area, where it is currently being rejected. Price action has broken below the ascending channel that began in early April, suggesting a loss of bullish momentum and a possible transition into a deeper corrective phase.
From the COT (Commitment of Traders) perspective, the picture aligns with this bias. Non-commercials on the USD Index (DXY) are aggressively reducing exposure on both long and short sides, resulting in a net position of -615 contracts. This reflects growing uncertainty or waning confidence in dollar strength as U.S. monetary policy enters a potential pivot zone. Meanwhile, JPY futures still show a strong net long position by speculators (194,226 long vs. 21,958 short), even after a significant long liquidation of over 9,700 contracts. Commercial traders, typically positioned opposite to trend, remain heavily net short—hinting at possible strength ahead for the yen.
Seasonality adds further weight: May is historically a bearish month for USD/JPY. The 5, 10, and 15-year averages all show negative returns, with a structural downside tendency, especially in the final two weeks of the month.
Retail sentiment further supports this case. Data shows that 68% of retail traders are currently long USD/JPY. Interpreting this through a contrarian lens, it implies growing downside potential, as over-positioned retail traders often precede a move in the opposite direction.
Lastly, technical analysis (daily timeframe) reinforces the bearish scenario. The break below the bullish channel invalidates the recent structure, and the RSI is trending lower with plenty of room to move down before hitting oversold levels. Immediate support zones lie between 143 and 141. A potential retest of 145.80–146.30 would offer a favorable entry for fresh shorts in line with a developing bearish swing structure.
🎯 Conclusion
All elements—technical structure, COT data, seasonal weakness, and retail sentiment—are converging toward a bearish USD/JPY outlook. Institutional traders are cutting dollar longs, seasonal forces are negative, and retail positioning is overly long. With price structure now broken, the bearish bias is well supported, targeting 143 first and 141 as a deeper move, pending price action confirmation.
EUR_USD HEAD AND SHOULDERS|LONG|
✅EUR_USD has formed a
Head and Shoulders pattern
And the pair has now formed
The last leg of it, so we are
Bullish biased and IF we see
A bullish breakout of the
Neckline of 1.1380 next week
Then we will be expecting a
Further bullish move up
LONG🚀
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USD-JPY Free Signal For Monday! Buy!
Hello,Traders!
USD-JPY is about to retest
A horizontal support level
Around 142.000 and after
The retest on Monday we
Will be able to go long on
The pair with the Take
Profit of 143.331 and the
Stop Loss of 141.939
Buy!
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DAX WILL KEEP GROWING|LONG|
✅DAX made a retest of
The horizontal support level
Of 23,371 and the index is already
Making a bullish rebound so we
Are bullish biased and we will
Be expecting further growth on Monday
LONG🚀
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