Gold (XAU/USD) continues its powerful rally, printing two consecutive bullish weekly candles that reflect increasing momentum and strong buying pressure. The most recent weekly candle opened at 3229.79, dipped slightly to 3193.60, then surged to a high of 3357.67, and finally closed strong at 3327.46—just a few points off the high. The week prior also closed...
Hey traders, Let’s dive into some weekly price action on EUR/USD and uncover what the charts are really telling us. 📈 🔍 Key observations (weekly Chart): Major breakout: Two weeks ago, EUR/USD printed a strong bullish candle that broke and closed above a critical resistance zone, the July 2023 high and September 2024 high. ➡️ This marks a bullish structural...
Hey traders, I'm eyeing a potential long setup on EURUSD, looking for price to dip into the 1.13413 zone to grab liquidity just beneath yesterday’s lows before making a move higher. My expectation? A bullish push toward Monday’s high at 1.14256. Here’s the trade plan: 🔹 Buy Limit: 1.13413 🎯 Target 1: 1.13889 🎯 Target 2: 1.14256 🛡️ Stop Loss: 1.13234 I’m...
Hello traders! After closely analyzing the Dollar Index (DXY), I've spotted a key development that has shaped my bearish bias on AUDUSD. The DXY recently broke below a higher timeframe low, rejecting strongly off the July 2023 low after sweeping liquidity on the Weekly chart. This kind of price action signals potential bullish momentum on the dollar in the...
Hey traders! EURUSD has played out beautifully according to yesterday’s analysis, hitting our key levels with precision. The bullish momentum remains intact, and I'm still targeting the previous week's high at 1.11450. Before the next leg up, I anticipate a pullback towards the Asian session low around 1.09625. This level could serve as a potential liquidity...
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Hey traders! 👋 I’m eyeing a potential long opportunity on Gold in the 3030–3045 zone, but only with proper confirmation. The shiny metal has broken and closed above Monday’s high with strong momentum, signaling short-term strength. However, considering the overall short-term bearish bias, I anticipate a pullback toward the 78.6% Fibonacci retracement level. 💡...
Hello traders, I am considering in buying EURUSD from 1.0893 with two targets in mind: Target 1: 1.09797 (Asian high) Target 2: 1.10492 (Monday high) Stop loss: 1.08519 Please support this idea with a boost. Thank you!
Hey Traders! Taking a step back and analyzing Gold on the higher timeframes, we can clearly see that price has been respecting a rising channel—though not without the occasional breakout (as always, the market rarely follows levels to perfection). Most recently, price faced a strong rejection from the upper boundary of the channel, leaving behind a notable wick...
Hey traders, I'm eyeing a potential long opportunity on Gold starting from the 2989 level. After Friday's sharp drop that flushed liquidity just below the key 3000 psychological zone earlier today, I’m anticipating a bullish pullback. If price dips back into that zone, I’ll be looking to go long with targets mapped out along the way. 📈 Here’s my trading...
Hey traders, GBPJPY has hit a key support zone, and I’m anticipating a strong bounce from this level. A powerful bullish engulfing candle has just formed on the 4-hour timeframe, swallowing the last three candles—a clear sign of buying pressure! 💡 Trading Idea: 🔹 Entry: Long from 192.90 🔹 Target 1: 193.935 🔹 Target 2: 195.959 (Major resistance) 🔹 Stop Loss:...
Hello traders, GER40 is flashing a prime shorting opportunity! On the higher timeframe, the index has formed a double top, a classic reversal pattern. The setup has been confirmed with a decisive neckline break, signaling strong bearish momentum. I'm watching for a slight pullback to the neckline, where I'll be looking to enter short positions. My initial target...
Hello traders, I've identified a prime shorting opportunity on NAS100! As noted in my previous analysis, the index remains under bearish pressure, driven by Apple’s stock decline. On March 28, 2025, NAS100 broke below 19,100 support zone, confirming strong downside momentum. It then retraced to 19,500, filling an imbalance before facing a rejection. 📉 Trade...
Hello traders, As I highlighted in my previous NAS100 analysis, I expected a move to the downside. Technically, the index formed a double top, which was confirmed by a neckline break. Additionally, it has fallen below the rising support trendline from November 2024 and successfully retested it. This week, I anticipate further downside continuation. For an...
Hello traders, We'll be keeping a close eye on EURUSD this Monday for a potential buying opportunity. The pair has recently formed a double top, signaling the possibility of lower prices in the coming days. The neckline of this pattern has already broken downward, confirming its validity. Additionally, we’ve identified a falling channel, which could act as a...
Hello Traders, Gold has reached a key historical resistance level and is showing signs of rejection with pin bars on the 2-hour timeframe. This suggests that bullish momentum may be weakening, potentially leading to a pullback. I’m closely watching the current 2-hour candle to see if it closes bearish, ideally engulfing the previous two bullish candles. Three...
Traders, I am closely monitoring Gold (XAU/USD) for a potential selling opportunity. The price is currently forming a rising channel, and I anticipate a decline from the channel’s resistance. I will wait for further confirmation before considering a short position, with an initial target at 3012. If you find this analysis valuable, your support with a boost...
Hello Traders, We’re keeping a close watch on CAD/JPY for a potential selling opportunity. The pair has been in a strong downtrend for months, and the bearish pressure remains intact. At the moment, price has retested its falling trendline resistance, making this a key level to monitor. I'll be looking for short entries from this zone, with targets set at...