Thetraderscollective

Thetraderscollective

USDCAD closed bullish on the daily, suggesting a potential retest of 1.43100 before resuming bearish momentum. Key sell zones remain at 1.43100 and 1.41000 for the continuation trade. However, if price closes bullish back into the range above 1.43500, the bearish bias would be invalidated for now, and we may need to reassess market structure.

Thetraderscollective

EURUSD is still struggling to confirm bearish momentum. Despite closing bearish yesterday with a 56-pip wick, we didn’t get a close below Friday’s low for true confirmation. Today has started bullish, and we could see a retest of yesterday’s wick. If we fail to close bearish below both Friday and yesterday’s wicks, momentum could shift bullish, especially with a...

Thetraderscollective

Gold hit a new high of 2956.50 before pulling back but still closed bullish above 2950. Asian session has already seen a 150+ pip pullback, breaking 2940. With no major fundamentals today, we could range, but my bias remains bullish. Looking for pullback buys from 2929, 2940, or 2950, or continuation buys above 2956. A break and close below 2919 could lead to...

Thetraderscollective

USDCAD has finally broken below the 1.43100 range and is holding beneath it despite bullish USD fundamentals. Since this is a swing trade, I’m waiting for either a break below 1.41000 for continuation or a retest of 1.43100 to confirm resistance before entering. Targeting 1.32100 as a minimum. Patience is key here.

Thetraderscollective

EURUSD saw a 48-pip spike to 1.05308 but is failing to break higher, possibly forming a double top. Given USD volatility, I’m waiting for a daily close below Friday’s low for added confirmation of longer-term sells to at least 1.02700. Watching price action closely.

Thetraderscollective

Gold is still bullish on the 4H, having retested 2929 and rejected. Now approaching 2950—safe buys above this level could see a retest of 2955, with a break leading to 2962. As new highs form, expect pullbacks before continuation, so manage entries accordingly.

Thetraderscollective

USD strength caused another EURUSD pullback to the weekly swing low. On the daily, we could be forming an M structure for further downside. The safest sell entries are below 1.04271, but aggressive traders could enter now with yesterday’s high as the stop. The intraday target remains 1.02700, where we may see momentum for a further break. Keeping an eye on how...

Thetraderscollective

XAUUSD closed strong yesterday, gaining 350 pips and settling near 2934. The Asian session has given a 2929 retest but remains above that level. As long as we hold, we should see 2950 today. Ideal buy areas are at 2940 or another pullback to 2929. If we get a close above 2950, the longer-term target remains 3000, but that will take time to play out. Watching...

Thetraderscollective

EURUSD created a lower high on the daily but managed to close bullish above our key 1.03500 level. The overall bearish bias is still valid unless we see a bullish close above 1.04271. With CPI later, we could get the momentum needed for a swing sell entry. Watching for a rejection or a clean break before committing to a position

Thetraderscollective

Zooming out on XAUUSD, the daily closed with indecision after creating a new all-time high. Currently, price is struggling to break above 2900. If we remain below, a deeper pullback to 2850 is likely before the bullish trend resumes. Safer buys would be from 2900 or 2950 for the longer-term 3000 target. With CPI data later, a pullback to 2850 could happen...

Thetraderscollective

XAUUSD saw a strong Asian session rally, creating a new all-time high of 2942.72 before pulling back. The current daily wick is 260 pips, indicating a potential buy-the-dip opportunity. Intraday targets will be trading wick rejections from 2900, 2918.34, and 2940, with 2950 as the upside target. Watching for price action confirmation before entries.

Thetraderscollective

EURUSD’s head and shoulders pattern is playing out as expected. I’m looking for continued sells if we retest 1.03500 and fail to break or if we get a clean break below 1.02700. The intraday target remains 1.01800 before reassessing the overall structure. Keeping an eye on price action for confirmations.

Thetraderscollective

NFP caused XAUUSD to pull back close to 2855 but failed to break lower. Today, we’ve already broken 2873 and are approaching the 2900 target from last week. With Trump’s announcement of 25% tariffs on steel & aluminium imports, gold could tap 2900 before a deeper pullback to form a higher low. If you’re not already in, the safest entries would be either a...

Thetraderscollective

USDCAD remains within its range, currently near the top at 1.44275. The daily structure is still bullish, with no bearish candles breaking the previous low. While the bias remains bullish, I’m waiting for a confirmed break above 1.44400 before considering buys. Watching closely for a breakout.

Thetraderscollective

XAUUSD didn’t make the deeper pullback to 2718, as FOMC came in neutral to hawkish. However, if you’ve been following this week’s analysis, the 2746 and 2761 buy levels played out well. For now, I’d wait for a retest of 2761 before looking for continued buying opportunities. Watching how price reacts around this level for confirmation.

Thetraderscollective

USDCAD remains stuck in its range between 1.43200 and 1.44400, so no swing trade setups for now. However, if we get a confirmed daily close above 1.44800, I’ll look for buys up to the key 1.47000 level, where I’ll be watching for potential sell opportunities. This pair is currently on the watchlist—I’m not actively trading it yet but monitoring for a breakout.

Thetraderscollective

EURUSD is shaping up as expected, filling out the head and shoulders pattern. A 4H body close below 1.04000 would provide a strong sell confirmation, with 1.02700 as the target. However, with FOMC ahead, we could see another rejection and retest of 1.05000 before continuing the overall bearish swing move. Watching price action closely for the best entry.

Thetraderscollective

USDCHF remains a slow mover but is currently retesting the key 0.90410 level after breaking below it. A solid 4H close beneath this level would confirm a sell setup for me, with 0.89200 as the first take profit target. Patience is key here—waiting for proper confirmation before entering. Keeping a close watch on how price reacts at this level.