Trend Lines
AUDCAD Possible Sell AUDCAD is bearish and price is respecting the downtrend line. The price was trading sideways for the past three days forming a triple inside candles. The bearish mother candle range is indicated with bold rays. A sell position is possible when price breakdown the up trendline and 0.89518 level.
Good LUck
GOLD BEARISH!!!hello friends
Let's go with gold analysis:
Well, as you can see, we had a long-term upward channel, which caused the price of gold to rise with the events that happened, and now that we are approaching 3000, you can see that the buyers are becoming fewer and fewer, and the world news is also giving us this signal that buyers are less willing to buy gold (a safe asset).
So we can see price correction to lower points...
*Trade safely with us*
#GNOUSDT remains weak after a strong drop📉 SHORT BYBIT:GNOUSDT.P from $181.40
🛡 Stop Loss: $186.50
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:GNOUSDT.P experienced a sharp rally above $210, followed by an equally strong pullback.
➡️ The POC (Point of Control) at $187.27 indicates the highest liquidity area, which serves as a strong resistance level.
➡️ Price is consolidating below $183.12, signaling potential seller dominance.
➡️ If $178.55 breaks downward, further decline toward $175.30 is expected.
⚡ Plan:
➡️ Enter short upon a confirmed break below $181.50.
➡️ Stop-Loss placed at $186.50, above the resistance zone.
🎯 TP Targets:
💎 Take Profit1- 178.55
🔥 Take Profit2- 175.30
🚀 BYBIT:GNOUSDT.P remains weak after a strong drop—expect further downside.
DOGECOINhello friends
Considering the drop we are having, we have obtained resistance ranges for you, and you can see that after hitting each range, there are more buyers, so it can be imagined that buyers will raise the price in this area or specified support areas...
So we can buy step by step and move with it until the specified goals.
*Trade safely with us*
EURNZD -Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 1.82059, resumption of uptrend is expected.
We make sure when the resistance at 1.85400 breaks.
If the support at 1.82059 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The ascending flag taking shape suggests we will soon see another leg higher.
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 1.85400 on 12/27/2024, so more losses minimum to Major Support (1.82059) is expected.
Relative strength index (RSI) is 43.
Supports and Resistances:
1.87650
1.85400
1.82059
1.78251
1.76500
1.74929
1.73804
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EUR/GBP Technical Analysis: Bullish Rebound from Key Support!!Key Observations:
1. Support Zone & Trendline:
A support zone (marked in red) is visible, which aligns with a rising trendline. The price has tested this area and bounced upwards, suggesting demand at this level.
2. Bullish Rejection & Confirmation:
The recent price action shows rejection of lower prices within the support zone.
A bullish candle has emerged after the price tested this zone, hinting at potential upside momentum.
3. Moving Average Resistance:
The 200-day EMA (Exponential Moving Average) at 0.84058 acts as a significant resistance level.
If the price sustains above the trendline and support zone, a potential retest of the 200 EMA is likely.
4. Price Target & Direction:
The blue arrow suggests an expected bullish move.
The immediate target is around 0.8400 - 0.8450, where the 200 EMA and previous price action resistance exist.
Conclusion & Trading Plan:
Bullish Bias: As long as the price holds above the trendline and support zone, further upside is favored.
Breakout Confirmation: A daily close above 0.8350 could further confirm bullish momentum.
Bearish Scenario: If the price breaks below the trendline and support zone, it could trigger a bearish move toward 0.8250.
Bitcoin Long Setup Entry Zone: Around $95,700
Stop Loss: $94,000 (Below key support area)
Target: $98,000 (Resistance zone)
Risk-Reward: ~3.07
🔹 Bullish Divergence confirmed on RSI 🔹
🔹 Potential breakout from the descending channel 🔻➡️🔼
🔹 EMA alignment showing strength, with the 20 EMA crossing above the 50 and 100 EMAs 🔵
💡 Breakout watch: If price breaks above $96,000, expect a strong move toward $98,000. Let’s wait for confirmation and manage risk!
#BTC #Bitcoin #Crypto #LongSetup #Trading #RSIDivergence
TRON is going to the MOON? TRX Weekly forecast & Trading IdeasMidterm forecast:
While the price is above the support 0.17000, resumption of uptrend is expected.
We make sure when the resistance at 0.27260 breaks.
If the support at 0.17000 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 0.20100 on 02/03/2025, so more gains to resistance(s) 0.24740, 0.25800 and maximum to Major Resistance (0.27260) is expected.
Take Profits:
0.24740
0.25800
0.27260
0.30099
0.33299
0.45000
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. . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?)
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Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Gold Hits New Highs –Will Tariff Tensions Push It Toward $3,000?Gold (XAU/USD) Technical Analysis – February 19, 2025
Gold continues its bullish momentum, hitting a new all-time high, driven by safe-haven demand amid trade war tensions and economic concerns. U.S. President Donald Trump’s announcement of a 25% tariff on autos has fueled further upside, along with expectations that central banks will continue buying gold to diversify reserves.
Investors are also watching the Federal Reserve’s meeting minutes, which could impact short-term market sentiment. However, any bearish impact from today’s FOMC minutes release is expected to be short-lived, keeping gold's bullish outlook intact.
Technical Outlook
Bullish Scenario: Gold remains bullish above 2,935, with the next upside targets at 2,956 and 2,974.
Bearish Scenario: A break below 2,935 could lead to a retest of the 2,920 breakout zone. Further weakness below this level may push the price toward 2,909 and 2,895.
Key Levels to Watch
🔹 Pivot Point: 2,935
🔹 Resistance Levels: 2,956, 2,974
🔹 Support Levels: 2,920, 2,909, 2,895
📈 Directional Bias: As long as gold trades above 2,935, the bullish trend remains dominant, targeting 2,956+. A break below 2,935 could trigger a correction before resuming the uptrend.
💬 Will gold push toward $3,000 on tariff tensions, or will we see a pullback first? Drop your thoughts! 👇🔥
EUR/USD Rejects 1.0469 – Drop to 1.0399 or Reversal Ahead?EUR/USD Technical Analysis – February 19, 2025
The price is rejecting from the pivot line at 1.0469, confirming bearish momentum after failing to sustain above the key level.
Technical Outlook
Bearish Scenario: As long as the price trades below 1.0469, the downtrend remains valid, targeting 1.0399. A break below this level could extend losses toward 1.0367 and 1.0288.
Bullish Scenario: To reverse the bearish momentum, EUR/USD must break back above 1.0469, which could trigger an upward move toward 1.0520 and 1.0605.
Key Levels to Watch
🔹 Pivot Point: 1.0436
🔹 Resistance Levels: 1.0520, 1.0605
🔹 Support Levels: 1.0390, 1.0367, 1.0288
📉 Directional Bias: The price is expected to drop toward 1.0399 while trading below 1.0469. A break below 1.0399 confirms further downside movement.
💬 Will EUR/USD hold below 1.0469 for further downside, or reclaim the level for a reversal? Drop your thoughts! 👇🔥
GTYR Technical Analysis: Potential Buy OpportunityOn the daily chart, GTYR is on a steady upward path within an ascending channel, currently testing the Fib 0.5 level. Buy1 is recommended at CMP(46), and Buy2 is recommended at 40—a level that also serves as channel support. A stop-loss on a closing basis is advised below 34. The first target is 55; if the price moves past the channel resistance after that, further targets of 64 and 78 could be reached. The setup shows strong potential with the trendline intact and the RSI in sync. Happy trading!
BTCUSD Long Term Short
Many traders are turning bearish on Bitcoin, but the bearish trend is not confirmed yet.
Bitcoin’s price should first touch the long-term major trendline before a potential reversal.
A good strategy is to sell at the trendline or use the Fibonacci extension tool for targets.
Bitcoin is in the final phase of its bullish cycle, which started in 2022 and is expected to peak in 2025.
Entering now could be risky, as a major correction is likely in the following years.
Past cycles show Bitcoin experiences strong bear markets every few years due to halving events.
From an Elliott wave perspective, Bitcoin is in its final wave before a potential correction.
A price drop is expected in 2025 or 2026, bringing Bitcoin significantly lower.
In the short term, Bitcoin is likely to rise before experiencing a major correction.
Traders should consider taking profits and managing risks wisely.
BTC.D% my notes for short-termThe negative scenario could be that the dominance tries to create a double top or take 50% of the upper wick. If it does this, it will try quickly, in this scenario we can have a heart attack. These levels are: 61.3 - 62.7 - 63.5 and 64.5.
In the positive scenario, the dominance will rise to 61.3% at most and fall down quickly. A drop to 56% and 58% below could create nice recoveries for altcoins in the coming weeks.
In the short term, these are the possibilities I expect in the coming days/weeks and the price levels I follow.
This is not investment advice.
#USDCAD: Bearish Rally ContinuesUSDCAD is likely to continue its downward trend following a retest of a previously broken support level.
Additionally, a bearish flag pattern was formed with a breakout below a support line, further indicating a potential decrease in price.
It is anticipated that the price will soon reach the 1.4161 to 1.4139 level.
GBP/AUD - 15M Analysis & Prediction📉 GBP/AUD - 15M Analysis & Prediction
🔹 Key Levels & Market Structure:
🔴 Supply Zones:
1.98820 - 1.98891 (Major resistance, potential strong rejection)
1.98623 - 1.98653 (Lower supply zone, possible mitigation)
🟢 Demand Zones:
1.98375 - 1.98397 (First support, weak reaction expected)
📊 Possible Scenarios:
1️⃣ Bearish Continuation: If price respects the supply zones and fails to break higher, expect further downside continuation towards liquidity levels below.
2️⃣ Temporary Retracement: A short-term pullback towards the FVG or supply zone before continuing lower.
💡 Trading Plan:
✅ Watch for bearish confirmations at the supply zones for potential short entries.
✅ Look for possible retracement into fair value gap (FVG) before continuing lower.
✅ Break and close below 1.98375 confirms bearish momentum.
#fxforever #GBPAUD #SmartMoney #PriceAction #ForexTrading #LiquidityHunt #OrderBlock
No Change in EURUSD
Yesterday, EURUSD reached the first support level at 1,0438.
This corresponds to a 38.2% Fibonacci retracement and held above this level.
The next key support levels are 1,0423 and 1,0390.
Watch for a rebound and a potential new bullish movement.
The target is to break the previous high and reach 1,0568.
USDJPY InsightHello, Subscribers!
It's great to see you all. Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- Mary Daly, President of the San Francisco Fed, stated that monetary policy should remain restrictive until there is continued confirmation of progress on inflation. Christopher Waller, Fed Governor, also mentioned that rate cuts should be paused.
- The Reserve Bank of Australia (RBA) lowered its benchmark interest rate by 25 basis points from 4.35% to 4.10%, while emphasizing a cautious stance on further rate cuts.
- The U.S. and Russia have begun peace negotiations regarding Ukraine in Riyadh, Saudi Arabia.
- President Trump announced that the U.S. will impose a minimum 25% tariff on automobiles, semiconductors, and pharmaceuticals, adding pressure to the market. However, as the implementation has been delayed until March–April, this suggests room for negotiations between countries.
Key Economic Events This Week
- Feb 19: U.K. January Consumer Price Index (CPI)
- Feb 20: FOMC Meeting Minutes
USDJPY Chart Analysis
The pair recently showed an upward movement around the 151 level, but failed to break through the 154.500 level and has retreated back to the 151 range. As the previous trend has been broken, this suggests a continued medium-term downtrend, potentially extending further. The expected support level is around 149. Future movements will be reassessed based on the 149 level.
If external factors lead to a breakout above 154.500, the trend could reverse, in which case we will quickly adjust our strategy.