EUR/USD Awaits ECB Decision Near 1.1400 Amid Rate Cut BetsCMCMARKETS:EURUSD FX:EURUSD EUR/USD is consolidating above the 1.1400 psychological level as markets brace for the European Central Bank’s monetary policy announcement. The ECB is widely expected to cut its Deposit Facility Rate by 25bps to 2.00%, marking its seventh consecutive rate cut since June 2024.
Technically, the pair continues to trade within a well-defined ascending channel, reflecting a broader bullish structure. Current price action is facing a minor resistance near 1.1421, which is the top of the short-term range and also a key trendline rejection zone. A clean breakout above this area could expose the monthly resistance near 1.1557.
However, if OANDA:EURUSD EUR/USD fails to breach this level initially, a pullback toward 1.1366 (channel base support) is possible before bulls regain control. The bullish setup remains valid as long as price holds above this support zone.
Traders should monitor the ECB press conference for signals on whether the central bank may pause further easing later this year.
Resistance : 1.1421 , 1.1557
Support : 1.1366 , 1.1250
Trend Analysis
BTCUSD 1HThe second chart you uploaded is a 1-hour candlestick chart for Bitcoin (BTC/USDT) on Binance. Here's the analysis based on what is shown:
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Chart Analysis:
1. Bearish Descending Triangle Pattern:
Descending resistance (yellow trendline) connects lower highs — indicating bearish pressure.
Horizontal support zone is marked in red, where price has repeatedly bounced — indicating strong support.
This setup forms a descending triangle, a bearish pattern that often results in a breakdown below support.
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2. Breakdown Expectation:
A black arrow and zigzag line suggest a possible breakdown scenario.
The target TP (Take Profit) is drawn significantly below the current price, targeting near the $102,400–102,600 zone.
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Implied Strategy:
Trigger for Entry (Short): A clear break and close below the horizontal red support zone (~$104,500).
Target TP: Around $102,400
Stop-Loss (not shown): Likely above the descending trendline, maybe near $105,200–105,300 to invalidate the pattern.
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Technical Implication:
A descending triangle in this context suggests sellers are consistently pushing down while buyers are losing strength at the support level. A breakdown would confirm bearish control.
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Would you like a comparison of this BTC setup vs. the SUI breakout chart in terms of trade setup strength or risk-reward?
Bullish bounce off pullback support??GBP/CHF has bounced off the pivot and could rise to the pullback resistance.
Pivot: 1.1080
1st Support: 1.1056
1st Resistance: 1.1146
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USDCAD BUY SIGNAL Entry Point: 1.36800USDCAD BUY SIGNAL
Entry Point: 1.36800
🎯 Target 1: 1.37500
🎯 Target 2: 1.38000
🎯 Final Target: 1.38300
⚠️ Risk Management is CRUCIAL
– Use a proper stop-loss every time
– Don’t overexpose your account
– Risk only what fits your strategy
📊 Trade Setup Insight:
– Price rebounding from support
– Bullish structure forming
– Momentum favoring upside push
✅ Book profits at each level
✅ Adjust SL to breakeven after T1
✅ Patience > Emotion in trading
📌 Consistency brings results
📌 Follow your system – not the crowd
📌 Capital protection = long-term success
📢 Educational purposes only – trade smart, trade safe!
BTC/USD 1H Short-Term🔍1. General Context and Short-Term Trend
Short-Term Trend: The last dozen or so candles have shown strong fluctuations — a typical sideways market (consolidation) after a clear upward impulse and a quick drop. The price is currently trading in the range of around $104,900–$106,500.
Recent Strong Move: Clear upward impulse from around $104,900 to around $106,900, followed by a quick correction.
📌2. Supports and Resistances (H1)
Supports:
$105,000–$105,200 — Bottom of local wicks and several demand tests.
$104,900 — Lowest point of the last few hours, clear buyer reaction.
Resistances:
$106,200–$106,400 — Upper area of several candles, strong price rejection.
106,900–107,000 USD – The peak of the last impulse, a place of clear supply.
✅3. Candlestick formations and price action
Pin bar / long wick: Candles with long lower wicks are visible around 105,000 USD, which suggests that buyers are defending support.
Double top? (Double top): Peaks around 106,900 USD (03.06 and 04.06) – a classic signal of a potential change in direction to the lower.
Possible consolidation: The last few hours have been a series of alternating candles, signaling the lack of a clear advantage of bulls or bears.
🧠4. Technical indicators (MACD and RSI)
MACD (lower panel)
The MACD line crossed the signal line from the bottom to the top, then a quick correction and currently the MACD is close to zero – no clear trend, momentum has slowed down.
MACD Histogram: Declining, close to zero, suggesting potential lack of strong trend and possibility of further consolidation.
RSI (middle panel)
RSI value ~44–48 – not overbought or oversold, neutral market state.
No divergence – RSI generally follows price, no strong divergences are visible.
RSI bounced off 30 (tested oversold zone and returned to neutral range).
🧠5. What could be important?
Volatility Squeeze: Low volatility after a sharp move often heralds another impulse.
Potential Fakeout: If support at $104,900 is broken falsely (e.g. quick wick and return), a move up could occur.
No clear trend on the hourly chart, rather sideways market in the short term.
📊Summary and scenarios
Scenario 1 (bullish):
If the $105,000-$104,900 level holds, we can expect a test of $106,200-$106,400 and perhaps another attempt to approach $107,000.
Scenario 2 (bearish):
If the $104,900 support is broken (with a candle closed below this level), the next target is around $104,500 and below.
What to watch out for?
Timing of macro data releases - may increase volatility.
Sudden breakouts from consolidation - no trend = higher risk of sudden, false moves.
Will $BTC drop back to 91k??BINANCE:BTCUSDT seems to be running out of steam after its bullish rally last month. A decent retracement is needed to enable gain some momentum for further bullish move.
Having broken out of the bullish trendline and also a minor support zone, BINANCE:BTCUSDT has retested this zone, hence making it a resistance zone. It is expected to drop to 99k zone as the first target and if it does not hold, then a drop to 91k zone should be expected.
Kindly support this analysis to enable it reach to other people, and do comment your thoughts.
BULLS VS BEARS WILL GOLD MATCH ATH?Glossary:
Ged = Bearish scenario
Green = Bullish scenario
POI = Point of interest
ATH = All time high
LQ = Liquidity zone
Gold since the beginning has been moving in a range and break fashion you'll see this across the board, always. A 4hr range is in the process of being formed ideally what wed like to see is for the high to be matched first. That simply would give more confidence for the bears to get in and short the market however now we sit with the though of where will it go first?
preferred bias
Buys to sell, ideally and the most logical outcome is the highs do get matched forming a strong liquidity zone that can be targeted at a future date, as price begins to fall new points of interest can then be formed (since there isn't a lot to target above right now), this will allow the market to have areas it can market when we see the bullish side of this range play out when ever that may be.
Structure
Current structure allows you to get in trades, previous structure allows you to get out of trades use it to your advantage, think. where does the money want to move next where will the banks get the best bang for their buck and most importantly where can we cause traders to LOSE, a trade you win is a trade someone else lost. so long you stick with where the big guys want to go you'll be on the right side
Bullish bias (green)
Key points get broken, imbalance fill, ATH matched (this is where short orders get stacked, future sweep target.
Bearish bias (red)
Area 1 , this is the first key low im looking to break if we see a candle close below continue to area 2, there are traders who WILL get stopped out at zone 1
Area 2 , this is our next key point in structure there will still be traders with open positions here also, again if we see a candle close below this zone continue to monitor for Area 3
Area 3, this may be a final target, however there's still POI's sat below if price shows strong signs of bearish momentum target Areas 4 and below can be open for discussion
Conclusion
personally i would like to see POI's built on the buy side as of right now before we move down simply because the market NEEDS somewhere to move from and to without that it would be erratic.
If you found this helpful be sure to boost this idea, give a like and a follow, consistent charts will be posted on a weekly basis and let me know what you think down in the comment section too :)
BTC: Short-Term Bullish Setup - Raising to 107.5k ?BTC: Short-Term Bullish Setup - Raising to 107.5k ?
On the 60-minute chart, Bitcoin has initiated a bullish movement, with a clear breakout and strong upward momentum.
BTC is expected to retest the top of the structure, where it may face resistance and potentially decline again. If the pattern unfolds as anticipated, Bitcoin could extend its bullish rally to 107.5K.
This movement appears to be influenced by several factors, though overall, market conditions have remained unchanged throughout the week.
Today’s price action reflects a technical shift rather than a fundamental development.
You may find more details in the chart!
Thank you and Good Luck!
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EURUSD: Bearish Continuation & Short Signal
EURUSD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry - 1.1423
Sl - 1.1473
Tp - 1.1323
Our Risk - 1%
Start protection of your profits from lower levels
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NIFTY S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
XAUUSD on consolidation Market is in sideways creating rangbound 3350-3380
What possible scenario we have?
im expecting that market will consolidate till ny session withthe range 3350-3380 then BreakOut on one side. I'm watching gold on bullish momentum 3335 is again the good entry point if its fall.
Additionally: if gold breaks through 3380- 3385 we will continue to buy and look at 3400 above (3415-3440).
We have previous Neutral zone 3280-3330 ,if market break below 3330 then we'll again have 3280-3330 zone.
#XAUUSD
XAUUSD M30 I Bullish Bounce Off Based on the M30 chart analysis, the price is falling toward our buy entry level at 3360.09, a pullback support that aligns with the 61.8% Fibonacci retracement.
Our take profit is set at 3385.09, an overlap resistance.
The stop loss is placed at 3344.31, a swing low support.
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Gold points to 3400, madness before data release.Market analysis:
Gold fell slightly to around 3361 in early trading on Wednesday. After falling to around 3346, it quickly rose to around 3372, then was blocked and fluctuated and fell. It fell to 3344 in the European session and then rebounded. It rose strongly to 3384 in the US session and fluctuated above 3370 in the late trading.
The daily line of gold showed a trend of alternating yin and yang. But the overall trend was upward. The 5-day moving average and the 10-day moving average formed a golden cross and extended upward, which provided moving average support for the gold price, allowing gold to maintain a strong and volatile trend. At present, the 5-day moving average is around 3352, and the 10-day moving average is around 3335. The first thing to pay attention to is the resistance of Tuesday's high of 3392. If the gold price can break through this resistance level, it is expected to continue the bullish trend.
In terms of points, first pay attention to the support near MA5/MAA10 below, and focus on the support of MA20 moving average. The downward exploration on Tuesday and Wednesday both defended the MA20 moving average position. Above this, it is treated as a strong shock. Secondly, pay attention to the support near 3335, which is the low point on Tuesday and the key to the short-term structure. Secondly, pay attention to the support near 3335, which is the low point on Tuesday and the key to the short-term structure. First pay attention to the resistance near 3395 above, and then pay attention to the resistance near 3415 and 3430, which are the previous high points.
Operation strategy:
Short near 3395, stop loss 3410, profit range 3380-3360
Long near 3360, stop loss 3350, profit range 3375-3380-3390-3400.
GOLD/USD indicating strong selling pressure.1. Resistance Zone:
A horizontal resistance line is clearly marked, acting as a significant barrier near the current price level.
Price has tested this level multiple times, indicating strong selling pressure.
2. Entry & Sell Setup:
An entry point is labeled just below the resistance line.
A short (sell) setup appears to be in play, with the current candle rejecting the resistance zone.
3. Fibonacci Retracement Targets:
Multiple Fibonacci levels are drawn from a recent swing low to a high.
Retracement levels visible: 0.382, 0.5, 0.618, 0.786, 0.886 (commonly used in price correction analysis).
These levels are labeled as target zones for a potential price decline.
4. Bearish Bias:
The chart suggests a bearish outlook, expecting a reversal from resistance.
Arrows and labeling indicate a downward price movement toward the target zones.
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🔧 Technical Indicators & Tools
Replay Tool: Visible, possibly used for backtesting.
Drawing Tools: Trendlines, rectangles, Fibonacci tools.
Strategy Tester: Appears enabled.
No visible moving averages, RSI, MACD, or volume indicators—this is likely a price-action-focused setup.
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🧠 Interpretation
The trader is likely planning a short position at or just below the resistance zone.
The take-profit (TP) levels are aligned with Fibonacci retracement levels.
The setup assumes the resistance will hold and lead to a retracement of the prior bullish move.
Risk/Reward seems calculated based on price structure and retracement confluence.
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✅ Conclusion
This chart demonstrates a clean, professional price action and Fibonacci-based sell setup on GOLD/USD, with strong technical reasoning behind the entry and target zones. The resistance level is a key pivot, and the retracement targets are technically aligned for potential profits on a bearish move.
CRM watch $262-265: Major Support that will call Bull or BearCRM gave us a nice long and exit in last idea below.
Now retreated to a major support $262.54-265.36
Bottom bound is a Golden Genesis, most important.
Above this zone is Bull, below is more Bear hell.
Look for a clean bounce or rejection for next leg.
.
Last Plot that gave perfect Entry/Exit:
Earlier Plot that gave PERFECT BOTTOM entry:
Hit the Follow and Boost to encourage more such PRECISE trade calls.
.
Beware of fake gold price rises and real falls
📊Technical aspects
International gold rebounded from the bottom on Wednesday and closed up strongly again. On Wednesday morning, the gold price fell to 3345 and then rebounded quickly.
During the Asian session, the gold price reached 3370 and then fluctuated downward. In the afternoon session, the gold price reached 3350 and then fluctuated upward. During the European session, the gold price reached 3365 and then expanded the intraday decline.
On the eve of the opening of the US session, the gold price reached 3340 and then rebounded. During the US session, the gold price expanded the intraday increase and reached 3385 before a slight decline.
The number of ADP employment in the United States in May was 37,000, which was 110,000 lower than the market expectation and the previous value was 62,000.
Data is lower than expected, gold is rising? As far as gold is concerned, it is only in a wide range of fluctuations and there is still no clear direction.
Through the above trend, we can clearly recognize that gold has insufficient upward momentum. Gold can no longer meet the current short-term profit, and there is no need to deliberately pursue it. Our most important goal is to seize the market of 100-200 US dollars.
💰 Strategy Package
Short Position:3375-3380
Making HH HL.
Closed at 40.45 (04-06-2025)
Making HH HL.
Bearish Divergence played well &
dragged the price from 44 - 45 to around 33.
Printed HL & started moving upside.
If 45 is Crossed & Sustained, we may witness
new Highs around 55 - 57.
However this time, Stoploss should be 33.50
on Closing basis.
UBER results on quick flips for this ticker--Long @ 82.53 If I ranked the performance of UBER with my algo vs. all the other large caps I trade, it would rank right near the top with regard to return per day held. I don't rank it, because I don't have enough historical data to include it in my rankings.
Its limited results are impressive, however. 196-3 (the 3 are open from the last 3 days) with an average gain of 2.83% and an average hold period of 10 trading days. That's around 7x the daily average return of the market overall.
Additionally, it is currently right at support from the most recent low in early May and the high in February. On a longer scale, it is in a long-term uptrend and only 10 trading days removed from its all-time high. That makes me even more convinced that this is just a normal correction in an uptrend. The pullback has been significant, though, down 9 out of the 10 trading days since that ATH. However, the 5 down days in a row is a solid short term contrarian indicator, historically speaking.
I won't add daily if it keeps falling, in the interests of maintaining portfolio balance and diversification, but I am open to tactically adding to the position. The plan is for a FPC exit, as long as the return is > 0.10% if that FPC comes on day 1 of the trade. Below that, I will hold until a satisfactory exit point is reached.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Safe-Haven Demand May Drive Gold Prices Higher✅ Today’s ADP report came in bullish for gold,
✅ Meanwhile, the Federal Reserve’s Beige Book reveals:
A slight slowdown in economic activity
Increased policy uncertainty and price pressures for businesses and consumers
An overall pessimistic economic outlook
📌 Combined with ongoing geopolitical tensions, this creates a supportive backdrop for safe-haven buying in gold.
🔍 Technical Outlook (1D Chart):
Gold is still facing a bearish divergence on the daily chart. For this to resolve, the market must choose between:
1️⃣ A strong breakout with volume, pushing toward 3430–3450
2️⃣ A pullback to repair structure, including filling the gap below 3300, which may later fuel a rally toward 3500+ if bullish catalysts arise
📅 Key Events to Watch This Week:
Thursday: Initial Jobless Claims
Friday: NFP (Nonfarm Payrolls)
⚠️ Also monitor developments on trade tariffs, which may affect market sentiment
📊 Short-Term Trade Plan (Range Strategy):
🎯 Key levels to watch:
Resistance: around 3400
Support: near 3366
📌 Consider range trading between 3408–3358, selling highs and buying dips with strict risk control.
S&P500: Gearing up for a push to 6,100S&P500 is bullish on its 1D technical outlook (RSI = 64.611, MACD = 85.830, ADX = 19.630) as it has been trading inside a Channel Up for over a month. Right now it is halfway through the new bullish wave. We expect it to rise by at least +4.40%, same as the previous one. Stay bullish as long as the 4H MA50 holds, TP = 6,100.
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