OANDA:USDJPY 📶 Technical Analysis: Weekly (1W): Price is near its all-time high formed in 2024, with a bullish trend supported by moving averages (MAs). Daily (1D): While the price shows bearish movement since the start of 2025, MAs indicate an overall bullish trend. There's significant volatility on both the upside and downside due to strong support...
OANDA:XAUUSD 📶 Technical Analysis: 🟢 Bullish Trend: Since the beginning of the year, Gold has been in a clear bullish trend on the 1-hour chart. The price has been consistently moving between the trendline support and trendline resistance, with multiple breaks and retests of resistance levels. 🟢 Last week, Gold reached a new all-time high of $2,817, marking...
OANDA:EURUSD 📶 Technical Analysis: 🟠 From January 13th to January 29th, the market was in a strong bullish trend, with prices steadily moving higher. The trend was supported by consistent higher highs and higher lows. 🟢 Between January 24th and January 28th, a Double Top pattern formed. This is a classic bearish reversal formation that occurs when the price...
OANDA:XAUUSD 📶 Technical Analysis Weekly (1W) Chart: 🟢 From 2020 to 2023, the price of gold tested the $2000 level several times before breaking through the $2000 resistance towards the end of 2023, leading to a strong bullish trend. 🟢 This breakout fueled a new all-time high of $2790 as the bullish momentum continued into early 2024. Daily (1D) Chart: 🟢 In...
OANDA:USDCHF 📶 Technical Analysis Weekly (1W) Chart: In 2023 and 2024, USDCHF formed a strong support level around 0.8400 and a strong resistance level around 0.9200. As of January 2025, the price has tested the 0.9200 resistance level again, suggesting a potential battle around this key level. Daily (1D) Chart: Aug - Sep 2024: The 0.8400...
OANDA:EURUSD EURUSD Weekly Chart 📶 Technical Analysis Weekly (1W) Chart: Over the course of 2023 and 2024, EURUSD has been consolidating within a range between the support zone at 1.06 and resistance at 1.11. End of 2024: The support at 1.06 was broken, leading to the creation of a new bottom at 1.0176 in January 2025. After reaching this low, we saw...
This is my first idea The pair is in trend. We wait for the correction to EMA 50-100, trendline or resistance level.