NZD_USD BEARISH BIAS|SHORT|
✅NZD_USD went up and
Retested a rising resistance
Line from where we are
Already seeing a local
Bearish reaction so
A further bearish move
Down is likely
SHORT🔥
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Signals
AUD-USD Potential Long! Buy!
Hello,Traders!
AUD-USD is trading in a
Local uptrend and the pair
Will soon hit a horizontal
Support level of 0.6311
From where we will be
Expecting a local
Bullish rebound
Buy!
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Gold Pauses After Record High – Key Support and Resistance LevelAfter reaching a new all-time high on Thursday, Gold has entered a consolidation phase again, fluctuating within a range of 2,920 to 2,940. This period of consolidation suggests that the market is pausing before deciding on its next move.
The overall trend remains bullish as long as the 2,920 support level holds. A decisive breakout above 2,940 could signal renewed upward momentum, potentially leading to a fresh all-time high.
However, if gold breaks below 2,920, it could trigger a deeper correction, with the next significant support level around the 2,850 zone. In this scenario, sellers may gain temporary control, pushing prices lower before the market finds stability.
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.
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. @fxopen
DXY Will Go Up From Support! Long!
Please, check our technical outlook for DXY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 106.618.
Considering the today's price action, probabilities will be high to see a movement to 107.382.
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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ETHUSD Will Go Higher! Buy!
Here is our detailed technical review for ETHUSD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 2,680.76.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2,828.54 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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AUDJPY Will Go Up! Long!
Take a look at our analysis for AUDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 95.281.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 97.336 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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AUDCAD Will Move Higher! Buy!
Please, check our technical outlook for AUDCAD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.904.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.913 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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EURUSD Will it follow Trump's 1st Term??The EURUSD pair made a market bottom on January 13 2025 and in recent trade, it has been consolidating above the 1D MA50 (blue trend-line). Interestingly enough, this is so far similar to the price action that preceded and followed Trump's 1st Term.
A 1D Death Cross took the market from the November 2016 elections to the January 2017 bottom. After a 1D RSI Double Top and Resistance rejection, the pair dropped again below the 1D MA50 (blue trend-line) but recovered to reach the 1D MA200 (orange trend-line) in end of March 2017 and initiate an aggressive Channel Up that peaked on the 1.618 Fibonacci extension from the September 2016 High.
If EURUSD continues to replicate Trump's Year 1 of his 1st Term, it is possible to see the price reach 1.19000 by the end of 2025, although of course we can't rely solely on repetitive patterns, but have to go along macro reports and policies one at a time.
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BURGERUSDT Falling Wedge Breakout – 120%-130% Gains BURGERUSDT has recently completed a breakout from the Falling Wedge pattern, and it has already retested the breakout level successfully. A Falling Wedge breakout often signals a shift from a downtrend to a potential uptrend, and this retest confirms that the breakout level is now acting as a strong support. With the price stabilizing and holding above this key support level, BURGERUSDT is set to continue its bullish move. The projected gains from this point are significant, with an estimated range of 120% to 130%+, as the market looks ready to resume its upward momentum.
The volume accompanying this breakout is a key indicator of the strength behind the move. Good volume during the breakout and retest confirms that market participants are supporting this price action, and the move is not likely to be a false signal. With the retest successfully holding at support, BURGERUSDT has solidified its position for the next leg up. This suggests that the asset is primed for continued growth as it begins its upward trajectory, offering substantial gains to those who act at this critical point.
Investors have been showing increased interest in BURGERUSDT, recognizing the potential for growth after the breakout and retest. As more traders see the strength in the price action and volume, more buying pressure could be expected, further propelling the price higher. With the breakout behind it and strong investor confidence, BURGERUSDT is well-positioned for a rally toward its projected 120% to 130%+ target. The technicals are looking favorable, and the market sentiment appears to be positive.
Traders should keep an eye on BURGERUSDT as it consolidates above the retest level. Any signs of further bullish continuation could provide an opportunity to enter before the price moves higher. With the technical setup and market dynamics aligning, BURGERUSDT represents an exciting opportunity for those looking to capture high returns in the next phase of its rally.
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Gold bullish trend trap to sallers This is a technical analysis chart of Gold (CFDs on Gold, 1-hour timeframe) The chart features an ascending channel with clearly marked support and resistance zones. The support area is identified as a "buy zone," while the price target is set at 2950. Key price levels, such as 2,926.656, are highlighted, and the chart suggests a bullish trend continuation within the channel.
XAUUSD The top isn't very far off.Gold (XAUUSD) has been rising non-stop since the November 2024 bottom, which later transitioned into a Channel Up. The market is no stranger at all to such Channel Up patterns, in fact it has been the most dominant rising formation of this Bull Cycle since the September - October 2022 market bottom of the Inflation Crisis.
The previous 4 completed Channel Up patterns, rose by a minimum of +18.57% and a maximum of +23.48%, so the average rise since a pull-back low has been more than +20%. Those technical pull-backs hit the 0.382 Fibonacci retracement level in 3 out of 4 occasions.
Base on the above conditions, we believe that Gold will top either by the end of this month (+18.57%) or the next (+23.48%), with the Sell Zone designated within those ranges. Similarly, the Buy Zone can be between the two potential 0.382 Fib levels.
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GBPUSD Is Very Bullish! Buy!
Take a look at our analysis for GBPUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.263.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.267 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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Lingrid | GOLD Market ANALYSIS: 8-Week RALLY. What's Next? This week, OANDA:XAUUSD market was consolidating rather than trending, with momentum only visible on Tuesday. Despite this, the weekly candle closed bullish, marking our eighth consecutive bullish weekly candle. On the daily timeframe, the last three candles are doji candles, showing consolidation around the previous week's high level. This suggests the overall bullish momentum is at least on pause.
The price closed below the previous week's low, a pattern that repeated this week. Despite this, we've formed an all-time high level, and the price action appears to be forming a head and shoulders pattern on the 1H timeframe. However, this pattern could easily transform into a bullish flag pattern if the price reaches the 2950 level.
Given these factors, I believe the market may push to higher levels one last time before a deep correction occurs. If the market reacts positively to the psychological level and upward trendline, there's a strong chance the upward momentum will continue.
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GBPZAR at Clear Resistance Zone - Will Sellers Step In?OANDA:GBPZAR has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control.
The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 23.1620 level, which represents a logical target within the current market structure.
This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure.
Lingrid | EURUSD opportunity to GO Long from SUPPORT zoneFX:EURUSD market made a false breakout above the previous weekly high, but ultimately, the price closed above that level. It then tested the January high area, which resulted in a pullback. Currently, the price is rolling back toward the Friday low, where it may find support. There’s a good chance that the price may form a range around these levels before the breakout. Overall, I expect the price to rebound from the support level and the channel border, continuing to make higher highs toward the 1.06000 resistance. My goal is resistance zone around 1.05550
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