DollarsMagnet

DollarsMagnet

📉 AUD/NZD – Trend Breakdown & Bearish Continuation Setup AUD/NZD has formed a clear top structure, with the first signs of weakness appearing on the lower timeframes, where price initially broke trend and formed a series of bearish candles. That weakness evolved into a full breakdown of the bullish trend with multiple strong bearish candles, followed by a...

DollarsMagnet Updated 

📈 EUR/USD – Double Bottom Reversal & Breakout Confirmation OANDA:EURUSD EUR/USD has potentially reversed its downtrend, forming a strong Double Bottom pattern at the lows. Price has broken above the neckline, signaling bullish momentum and confirming the reversal. This breakout also aligns with multiple bullish confluences: ✅ Breakout above the 200 EMA ✅...

DollarsMagnet Updated 

📈 GBP/USD – Bullish Breakout from Consolidation GBP/USD was previously in a strong bearish trend, but the market has now broken structure and is signaling a potential trend reversal. At the bottom of the downtrend, price formed a consolidation range, followed by a clean breakout to the upside. This move creates multiple confluences: ✅ Breakout above the Bullish...

DollarsMagnet Updated 

📉 USD/CHF – Bearish Flag Breakdown in Progress OANDA:USDCHF USD/CHF continues to move in a clear bearish trend and is now showing strong signs of trend continuation. Price is currently retracing into the 200 EMA, which aligns with a key supply zone and descending trendline — creating a powerful confluence of resistance. A Bearish Flag & Pole pattern has...

DollarsMagnet Updated 

📈 XAU/USD – Bullish Flag Breakout Confirmed EIGHTCAP:XAUUSD Gold has formed a classic Bullish Flag & Pole pattern, and the breakout has already played out. After a successful retest of the flag structure, price has continued its upward move, breaking through a strong resistance level with a powerful bullish candle. Currently, XAU/USD is trading above the 200...

DollarsMagnet Updated 

USD/JPY is currently at the top of its uptrend, but price action has entered a range-bound consolidation. On the lower timeframe, we can see a clear breakdown of the bullish trendline, confirmed by a strong bearish candle. OANDA:USDJPY Price is now approaching the 200 EMA, which aligns with the first demand zone. This zone may act as temporary support, but if...

DollarsMagnet Updated 

OANDA:EURUSD EUR/USD continues to follow a downward trend, repeatedly retesting the descending trendline. Currently, price action is once again rejecting this trendline with a strong bearish candle, signaling potential continuation of the sell-off. The 200 EMA is also acting as dynamic resistance, adding confluence to the bearish setup. If another bearish...

DollarsMagnet Updated 

📈 XAU/USD Market Forecast – Gold Analysis Gold remains in a strong uptrend across most timeframes. After retracing to the 61.8% Fibonacci level, it reversed and resumed its bullish momentum. Now, it's approaching a breakout above the 23.6% level, supported by rising volume — a strong sign of continued bullish strength. Key technical targets are set at 3452 and...

DollarsMagnet Updated 

The bullish structure in EUR/USD has broken down after a clean rejection from the top of the ascending channel. The price has now completed a retest of the broken trendline and is showing strong rejection with a bearish engulfing candle. Price action is now pushing below the 200 EMA, confirming a potential shift in momentum from bullish to bearish. This breakdown...

DollarsMagnet

📉 BTC/USD Analysis – 4H Chart Breakdown Bitcoin is currently showing signs of a potential reversal after forming a weak high near the $122,000 mark. Price has dropped back below the recent break of structure (BOS) and is hovering around the $117,000 zone. A rejection at this level could trigger a deeper retracement toward the key support zone around $116,194,...

DollarsMagnet Updated 

📉 GOLD – Liquidity Trap & Channel Breakdown, Bearish Targets Ahead EIGHTCAP:XAUUSD GOLD reached the top of its uptrend and triggered a liquidity trap, followed by a sharp rejection. Price action then broke down from the ascending trend channel, confirming a shift in momentum. 🔻 After a consolidation phase between trendlines, a strong bearish breakout...

DollarsMagnet

📈 EURUSD is currently consolidating just below a strong resistance zone around 1.1610, after rising from the key demand area at 1.1460. The pair remains in a solid uptrend, and we’re now watching closely for a bullish breakout confirmation. A strong bullish candle above 1.1610 would signal continuation of the trend and open the door for further upside. ...

DollarsMagnet

COINBASE:BTCUSD Bitcoin (BTCUSD) is currently trading in a clear downtrend and has recently broken below a major demand zone with a strong bearish candle — confirming continued selling pressure. 🔄 After a brief retracement, the market is showing signs of renewed bearish momentum, supported by a noticeable increase in selling volume. This setup points to a...

DollarsMagnet Updated 

📈 EURAUD – Bullish Flag Breakout with 370+ Pips Potential EURAUD is firmly in an uptrend, having recently confirmed a strong demand zone at 1.7470. After bouncing from this support, the pair formed a classic Bullish Flag and Pole continuation pattern. ✅ Breakout from the flag confirms renewed bullish momentum. 🔄 Now undergoing a retracement, currently trading...

DollarsMagnet

USDCHF has been trading in a downtrend within a descending channel, but recently signaled a potential reversal. OANDA:USDCHF At the bottom of the trend, a clear Double Bottom pattern has formed — a strong reversal signal — and the neckline has been broken, confirming bullish potential. 🟢 After a clean retracement to 0.8280, price has resumed upward movement,...

DollarsMagnet Updated 

EIGHTCAP:XAUUSD Gold has been trending in an upward direction, respecting an ascending channel for some time. Recently, the price action tested the top of this channel and formed a strong resistance level. That resistance was broken briefly, which appeared to be a liquidity trap—drawing in breakout buyers before reversing. This kind of false breakout often...

DollarsMagnet Updated 

📉 EURUSD has completed a double top pattern at the top of its recent uptrend, signaling a potential trend reversal. After breaking down from the ascending trend channel, price also broke the neckline of the double top, confirming bearish momentum. OANDA:EURUSD 🔹 Current Price: 1.1510 🔹 Volume: Increasing – signaling growing selling pressure 🔹 Retracement:...

DollarsMagnet

BTCUSD has successfully broken out of its descending trendline, signaling a shift in market structure from bearish to bullish. After the breakout, the market completed a healthy retracement and is now pushing upward again. Price has reached a key resistance zone around 107,000, which is acting as a major decision point. If BTC can break and hold above this...