Get started

Trend Analysis

USDCAD - Long after filling the imbalance !!Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I expect upcoming week price to make a retracement to fill that huge imbalance lower and then to reject from bullish OB. Fundamental news: Upcoming week on Friday (GMT+2) we have NFP on USD and Unemployment Rate on CAD. News with high impact on currencies. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
GOLD NEXT MOVE POSSIBLE (READ) Gold Bulls Rejoice: Price Correction Presents Buying Opportunity After a near 3% pullback this week, Gold's price (XAU/USD) is poised to rebound, driven by robust fundamentals and a weakening US dollar. The precious metal's correction presents a buying opportunity for investors seeking to capitalize on the ongoing tariff tensions and growing demand for safe-haven assets. Key Levels to Watch: - Support: $2,790 (strong demand zone), $2,835 (moderate support), and $2,856 (minor support) - Resistance: $2,888 (daily Pivot Point), $2,909 (daily R1), and $2,941 (daily R2) Market Sentiment: The daily digest market movers indicate a risk-on mood, with investors seeking safe-haven assets like Gold. The CME Fedwatch Tool shows increasing odds of a June rate cut, which could further boost Gold prices. Growing Demand: Gold ETFs are seeing significant inflows, with onshore fund holdings increasing by 17.7 tons in the first three weeks of February. This growing demand, combined with ongoing geopolitical tensions, sets the stage for a potential breakout above $3,000. What's Next? Our experts predict a strong rebound in Gold prices, driven by the confluence of technical and fundamental factors. Stay tuned for our weekly XAU/USD forecasts, where we provide insights into the next possible moves of the gold-dollar pair. Best regards Travis ❤️
TVC:GOLDLong
by Expert_Travis
2
Downtrend Continuation – FVG Rejection📌 Idea: Expecting a rejection from FVG as part of the downtrend continuation. If the price moves higher, we should look for structure break on lower timeframes to confirm a short entry. 📊 Entry conditions: Rejection from FVG and confirmation of the short setup If the price moves up – look for structure shift on lower TFs Take profit: First low that reacts from the 4H order block After that, a possible retest of BB and FVG before the true downward move 🎯 Target: First low reacting from the 4H order block ⚠️ This is not financial advice. Always consider risk management!
by MVP_FX_Hunter
1
Rejection Between FVG and OB📌 Idea: The price is moving between FVG (below) and OB (above) on the daily timeframe. Expecting a reaction from these levels. Entry confirmation should be found on lower timeframes. 📊 Entry conditions: Rejection from FVG or OB Confirmation on lower TFs (M15/H1) Take Profit 1: Previous high Take Profit 2: Previous low 🎯 Target: Trading within the range between key levels with partial profit-taking ⚠️ This is not financial advice. Always consider risk management!
OANDA:XAUUSD
by MVP_FX_Hunter
1
Market Analysis: Oil Price Eyes RecoveryMarket Analysis: Oil Price Eyes Recovery Crude oil price is recovering and it could climb further higher toward the $71.80 resistance. Important Takeaways for Oil Price Analysis Today - Crude oil prices are moving higher above the $68.90 resistance zone. - There is a connecting bullish trend line forming with support at $69.50 on the hourly chart of XTI/USD at FXOpen. Oil Price Technical Analysis On the hourly chart of WTI Crude Oil at FXOpen, the price started a decent increase against the US Dollar. The price gained bullish momentum after it broke the $68.90 resistance. The bulls pushed the price above the 50-hour simple moving average and the RSI climbed toward 65. There was a clear move above the 50% Fib retracement level of the downward move from the $71.12 swing high to the $68.24 low. Immediate resistance is near the $70.45 level. It is close to the 76.4% Fib retracement level of the downward move from the $71.12 swing high to the $68.24 low. If the price climbs further higher, it could face resistance near $71.10. The next major resistance is near the $71.80 level. Any more gains might send the price toward the $72.50 level. Conversely, the price might correct gains and test the $69.50 support. There is also a connecting bullish trend line forming with support at $69.50 and the 50-hour simple moving average. The next major support on the WTI crude oil chart is near the $68.90 level. If there is a downside break, the price might decline toward $68.25. Any more losses may perhaps open the doors for a move toward the $66.50 support zone. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XTIUSD
by FXOpen
1
Silver Embarking on Bullish Reversal?Silver’s bearish wedge breakout may have run its course, with Friday’s rebound from key support at $31.00—where the 50DMA and former resistance converge—suggesting a potential shift in direction. While MACD hasn’t confirmed it yet, RSI (14) has broken its week-long downtrend, hinting at a turn in momentum. With price action firming and Friday’s hammer candle flashing a bullish signal, the near-term bias has tilted higher. That case would strengthen further if silver adds to gains on Monday, completing a morning star pattern in the process. A quick glance at the chart shows silver’s tendency to gravitate toward big and half-big figures, putting $31.50, $32, $32.50, and $33 on the radar for those considering longs. Aside from the first, they screen as potential targets depending on risk tolerance. A stop beneath $31 offers protection against a reversal. Good luck! DS
FOREXCOM:XAGUSD01Long
by FOREXcom
1
Hellena | EUR/USD (4H): LONG resistance area 1.04630 (Wave 5).Dear colleagues, I decided that I will make a new forecast, as the previous forecast was put to breakeven and the price updated the low of 1.04016. At the moment I have redrawn the waves a bit and I still believe that the upward movement will continue, as the five-wave impulse is not over. I believe that the price may slightly update the minimum of wave “4”, then I expect the price to reach at least the area of 1.04630. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
9
Sell off is essentially "Bid-less"It really is looking icky out there for crypto. During this selling we've seen the most nominal of bounces. Look at the SOL sell off relative to the previous break, for example. Big bounces previously, this time it's just leg after leg of selling. This selling is really surprising in the context of a bull move but would be entirely consistent with what we'd expect to see in a bear move if we were inside of Elliot wave 3. During this drop I've bought crypto about 3 times. Each time that was a low and I've still hardly made any money. When it's hard to make money in things even when you buy all the lows ... it's worth considering that might be a downtrend. In the wave 3 thesis we'd be setting up a 1.61 break soon and this would head into the strongest part of the trend. 1.61 breaks are sheer capitulation phases into the 2.20 fib. During an Elliot sequence we usually make a choppy range at the 220, spike down under it to the 261 and then return to the 127 in the bull trap. This would be a drop of about 50% from the high and could be consistent with a break - telling us the BTC uptrend is actually over - but we would be expecting a super strong rally at that point. If this was just a shallow retracement, then the relative optimism of my previous posts may have been misplaced. The rally to even as high as the mid 90s might be off the table. 60K and then 50K next. Giving BTC a haircut of over 50% off the high in essentially two months. While we were at the high I flagged up the risk level of the big 1.61. Here's the monthly action off that. Some head fakes above it (nothing is ever easy) but very clear 161 reaction. In this setup I find if the 1.27 breaks this tends to incicate a reversal of the trend. There's a strong initial sell off under the 127. We usually retest the 127 and then sell again. Subtext of that would be if we break again here, we break hard and this is the best price you get when it comes to a retest. Which could make it really bad for anyone who averaged into their position during the 100K range - those would be dead positions, relative to where price would be expected to trade again. Big big moment here on the 127 test. A low is still viable here, but it looks terrible. Local action looks entirely consistent with a downtrend.
BITSTAMP:BTCUSDShort
by holeyprofit
3
3.3 Gold has not broken 2800, shorting goldThe main idea of ​​short-term gold trading this week is to follow the trend and go short. In the next trading rhythm, the upper short-term pressure will focus on the area around 2880-2890. As long as this pressure point is not broken, there will be room for continued decline. However, there is a possibility of divergence in the current indicators. In the short term, as long as the rebound exceeds 2880, it will drive the Bollinger Bands to close and there will be room for growth. Therefore, the current strong trend point is 2880. At the beginning of this week, you can rely on this position to see a rebound. If it does not break 2880, you should go short first. Brothers, profit is the ultimate goal of trading, and accumulating profits is what changes your life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals, earn stable profits, or want to learn in depth about the correct trading logic and techniques, you can consider joining the channel at the bottom of this article.
OANDA:XAUUSDShort
by GoldKing_Allen
2
On The Maco Level SPY is screaming a crash is comingAMEX:SPY is basically at every metric for being over-extended. From the Shiller PE ratio surpassing the all time highs to the buffet indicator at al time highs, take your pick, they all say the same thing. The Chart's trend is dying and the sell offs have been the initial weakness warning signs that retail traders are missing big time rn. Smart money is clearly selling the farm rn and the volume data on the chart backs it up. SPY is a clear sell in imo.
AMEX:SPYShort
by atogabati
3
Disney Weekly Update : Bullish Disney Weekly Update: Technical Analysis (03/02/2025) In this analysis of Disney's weekly chart ( NYSE:DIS ), we observe key technical developments: Major Resistance Breach: The price has broken above a long-term descending trend-line, signaling potential bullish momentum. Consolidation Zone: After the breakout, the price is consolidating in a tight range near $113. This indicates indecision, with a possible continuation if resistance at this level is cleared. Ichimoku Cloud Support: The price is trading above the Ichimoku Cloud, which acts as a strong support zone around $101-$107. This suggests that the bullish trend remains intact unless the price falls back into the cloud. RSI Divergence: The RSI shows a bullish divergence, with higher lows forming as price consolidates. This supports the case for further upward movement. Key Levels to Watch: Resistance: $121 (top of consolidation zone) Support: $107 (cloud support) and $101 (cloud base) Potential Scenarios: A breakout above $121 could lead to a bullish continuation toward $135-$140. A breakdown below $107 would invalidate the bullish setup and may signal further downside.
NYSE:DISLong
by Trading_Consults
1
EURJPY Bullish Breakout: Targeting 300 Pips Toward 161.500EURJPY is currently trading at 157.500, having completed a falling wedge breakout and now holding above a key support level. The falling wedge is a strong bullish reversal pattern, indicating that after a period of consolidation, buyers are stepping in to drive the price higher. If this support holds, EURJPY could gain further momentum, targeting the 161.500 level for a potential 300-pip move. From a technical perspective, the breakout has already been confirmed, and price action suggests that bulls are in control. A strong hold above support, along with increased buying pressure, could push EURJPY toward its next resistance zone near 161.500. Traders should watch for bullish candlestick formations and volume confirmation to strengthen the breakout scenario. On the fundamental side, the euro’s strength against the yen is largely driven by monetary policy divergence between the European Central Bank (ECB) and the Bank of Japan (BoJ). The ECB remains relatively hawkish, while the BoJ continues its ultra-loose monetary policy, keeping the yen weak. Additionally, risk-on sentiment in global markets tends to favor EURJPY upside. In summary, EURJPY has broken out of a falling wedge and is holding above a critical support level, with bullish momentum building. If this level remains intact, the pair could see a 300-pip rally toward 161.500. Traders should monitor price action, volume, and any shifts in ECB or BoJ policy for further confirmation of the bullish trend.
Long
by AndrewsMarket-Mastery
1
GBPUSD Uptrend continuation The GBP/USD currency pair maintains a bullish intraday bias, supported by the longer-term prevailing uptrend. However, price action near key levels suggests potential short-term corrections before the next directional move is confirmed. Bullish Scenario: The key level to watch is 1.2560, which marks the February 28th swing low and serves as a pivotal support zone. A corrective pullback toward 1.2560 could provide a buying opportunity if support holds. A bullish bounce from this level could drive the pair toward 1.2680, followed by 1.2720, with 1.2740 acting as a longer-term resistance. Bearish Scenario: A confirmed breakdown below 1.2560 and a daily close beneath this level would weaken the bullish outlook. This could trigger a deeper retracement toward 1.2520, with further downside risk extending to 1.2460 if selling pressure persists. A sustained move below 1.2460 could signal a shift in trend dynamics, increasing the likelihood of further downside. Conclusion: While the broader trend remains bullish, short-term corrections are possible. A successful defence of 1.2560 could reaffirm the uptrend, while a break below this level would expose 1.2520 and 1.2460 as key downside targets. Traders should monitor price action at these levels to assess momentum shifts. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
1