GOLD → Bullish trend, but the price depends on the newsFX:XAUUSD bounces off previously tested trend support and gives a chance for possible upside. Economic risks are still high and gold as a safe haven is in demand
Investors are cautious ahead of US-Russia talks in Saudi Arabia where they will discuss a possible end to the conflict in Ukraine.
Weak risk appetite is supporting the dollar, also helped by comments from Fed officials. They express concern about inflation and call for caution in cutting rates. The attention of market participants is directed to the upcoming speeches of the Fed members and the publication of the minutes of the January meeting
Technically, the price broke 2905 in the Asian session, at the moment this area plays an important role as support. The first target is 2922, the second target is 2938
Resistance levels: 2922, 2938
Support levels: 2905, 2893
The most likely scenario is a retest of support amid the global uptrend, as liquidity below 2905 is still of interest to the market. But, the price may continue to rise due to imbalance from the bullish side. A breakout and consolidation of the price above 2915 may also trigger a rise.
Regards R. Linda!
Consolidation
GOLD → ATH Retest. High chance of breakout and growth to $3KFX:XAUUSD has again approached ATH 2938 - 2942. This yours increases the chance of resistance breakout and further growth. We are getting closer and closer to $3000
The market maintains recent gains as it awaits the release of minutes from the January Fed meeting and news of Trump's tariff plans. The US President threatened to impose duties on pharmaceuticals and chips, and confirmed the imposition of tariffs on automobiles from April 2, which strengthened demand for defensive assets.
The lack of progress in peace talks between the US and Russia has also supported gold prices. However, traders are cautious ahead of the release of Fed minutes, which could cool expectations of rate cuts this year.
Technically, all eyes are on the conglomerate resistance at 2938 - 2942. A breakdown and consolidation of the price above this area will provoke further growth
Resistance levels: 2938, 2942
Support levels: 2924, 2915
Gold is in local pre-breakdown consolidation 2938 - 2924. Emphasis on these boundaries. Breakout and consolidation of the price above the resistance can provoke continuation of growth. But, before the growth the price may test the nearest support.
Regards R. Linda!
EURJPY → Consolidation before further declineEURJPY is forming a downtrend. The price is bouncing off the channel resistance and has approached strong support, the breakout of which may trigger further decline
Global EURJPY is in a neutral trend, but locally, due to economic nuances, the euro is weakening against the Japanese yen
There are two key zones on the chart - resistance at 159.112 against which a false breakdown can be formed before the price continues its decline. And support at 158.45 - support of the pre-breakdown consolidation and at the same time a strong level, the break of which will open the way to 156.29.
Resistance levels: 159.11, 160.16, 160.9
Support levels: 156.29
Technically, the situation is weak and hints that in the short term the bears could overcome the key support, which could trigger a bearish momentum
Regards R. Linda!
BITCOIN → Consolidation. Shake-out before growth to 110KBINANCE:BTCUSD is consolidating both locally and globally. The market lacks drivers, but at the same time, big players continue to keep the coin from falling further
Bitcoin is in consolidation or in a localized correction due to Trump putting cryptocurrencies on the back burner. No supportive executive orders have been issued, except that there is a little noise around the federal reserve, but only from the states and that is in question what assets will fill this fund, confiscated or still politicians will start buying BTC. As for the global economy regarding bitcoin, a lull has been forming lately. Except for SOL and DOGE, for which the SEC has already started accepting applications to launch ETFs.
Technically, I'm keeping an eye on local consolidation: 94800 - 98400. A breakout of resistance could give hope to the market and in that case bitcoin could strengthen to 102 - 107K
Resistance levels: 98.4, 100.2, 102.7
Support levels: 94.8, 91.3
But, based on the general technical situation, there is a huge pool of liquidity in the 91-90K zone and before further growth the price may test this zone and form a false breakdown before the market returns to active buying.
Regards R. Linda!
CAKEUSDT → False breakout of resistance. Return to the trendBINANCE:CAKEUSDT is forming a false breakdown of key resistance as part of a bullish rally. Further altcoin decline may be influenced by bitcoin's decline, the flagship looks rather weak
Technically, the move in Cake looks like a counter-trend maneuver to gather liquidity before a further, possible fall. The altcoin market is weak and most coins continue to look for a bottom, while bitcoin is consolidating but with a hint of a decline to 91-90K.
CAKEUSDT is focusing on 2.6144 - 2.7288. If the bears keep the price below these zones, the coin could head down in the short to medium term
Resistance levels: 2.6144, 2.7288, 2.2964
Support levels: 2.420, 2.0634
Statistically, a false breakdown provokes the strongest movements, often even trend changes. In this case, it is a counter-trend movement and if the price reverses locally, the coin will be under the pressure of the trend again. A price fixing below 2.6144 may strengthen the fall to 2.42, 2.06, 1.04.
Regards R. Linda!
HelenP. I Bitcoin can grow to trend line, exiting from rangeHi folks today I'm prepared for you Bitcoin analytics. Recently, the price reached a support level that coincided with the support zone, followed by a correction. After this, BTC made a strong upward move to the resistance level, which also aligned with the resistance zone, breaking the support level and eventually surpassing the 102000 mark. The price then corrected back to this level, before rising to the trend line and hitting a new all-time high of 109300 points, after which it began to decline. For a while, the price traded near the 102000 level and even broke it briefly, falling below, but soon reversed and rose back to the trend line. Afterward, the price dropped to the support zone, breaking through the resistance level, and then quickly rebounded, triggering a false breakout of the 95300 level. Since then, the price has been trading within a consolidation range, and it continues to do so up to this day. I expect that BTCUSDT will decline to the support level before starting to rise again toward the trend line, slightly breaking out of the range. Therefore, my goal is set at 100800 points, which aligns with this trend line. If you like my analytics you may support me with your like/comment ❤️
UCAD Bears Turn Liquid After 4% Decline From Feb. HighOANDA:USDCAD has been trading in a Sideways Consolidation for 2 months now and last week finally delivered a Breakout!
After the massive rally to 1.47926, price immediately plummeted down to not only fall back into the Consolidation Range but to then Breakout of the Support of that Consolidation.
This Breakout is followed by massive Bearish Volume on top of RSI breaking down below 50!
Price has satisfied all the Breakout Rules determining its validity, now to wait for a Retest of the broken support around the 23.6% Fibonacci Level or approx. 1.43 area for potential Short Opportunities to take down to the 1.41 area!
Fundamentally,
USD:
Tuesday - Empire State Manufacturing Index/ President Trump Speaks
Wednesday - FOMC Meeting Minutes
Thursday - Unemployment Claims/ Philly Fed Manufacturing Index/ Crude Oil Inventories
Friday - Flash Manufacturing PMI/ Flash Services PMI/ Existing Home Sales
CAD:
Tuesday - CPI
Friday - Retail Sales/ BOC Gov Macklem Speaks
HelenP. I Gold may correct to trend line and then start to growHi folks today I'm prepared for you Gold analytics. Recently, the price began to rise from the trend line and quickly approached Support 2. After breaking this level, which aligned with the support zone, it made a slight upward movement before pulling back to the trend line. Following this correction, the price resumed its upward momentum and soon reached Support 1, another level that matched the support zone. At this point, Gold traded around Support 1 for some time before making a minor correction. Then it reversed direction and decisively broke through Support 1, entering a consolidation phase. Within this range, the price initially climbed to the upper boundary before retracing back to Support 1. Gold lingered near this level for a while and eventually rose again to the upper part of the range, only to reverse and start declining. Currently, Gold has reached a support level and is trading near it. In my view, XAUUSD will likely drop further into the support zone, touch the trend line, and then begin moving upward toward the top of the consolidation range. For this scenario, I have set my target at 2940 points, which aligns with the upper boundary of the range. If you like my analytics you may support me with your like/comment ❤️
GOLD → Price is confirming the flat. Emphasis on 2905FX:XAUUSD within the 2% correction that happened on Valentine's Day confirmed that one should not fall in love with the market. Technically the market is still bullish, the price is inside the range of 2880 - 2940
Investors are waiting for the meeting between Trump and Putin, which may influence the Russian-Ukrainian conflict and reduce geopolitical risks.
Additional support for gold is provided by expectations of Fed rate cuts after weak US retail sales data. At the same time, the markets are watching the escalation of the tariff confrontation between the US and the EU. High volatility is possible in the coming days due to holidays in the USA and speeches of the Fed representatives
The key figure is the ascending support, relative to which a false breakdown and the range of 2880 - 2940 is formed. If the price holds in the buying zone, under the bullish support, we can still see the growth.
Resistance levels: 2904.7, 2922.6
Support levels: 2893, 2880
A pre-breakdown consolidation is forming around 2904.7. If the resistance is broken and the bulls can keep the defense above this zone, the gold may continue its strengthening. I do not exclude a retest of the support at 2893 - 2880 before further growth.
Regards R. Linda!
USDCHF → Struggle for the 0.900 zone. Trend change?FX:USDCHF earlier broke the uptrend when the fundamental background changed and the dollar went into correction. A set-up appears on the chart, which can strengthen the maneuver
Fundamentally, the situation is complicated because of the tariff war, which was organized by Trump, and European countries are reciprocating. Economic risks are on the rise. In addition, after Trump and Powell's hints about possible rate cuts, the dollar went into correction, which has a favorable impact on forex.
Technically, the 0.9000 level plays an important role as it is quite a strong zone. If the bears are able to keep the price below this mark, in the selling zone, it will be a confirmation of the trend change and the price will be able to head down.
Resistance levels: 0.9000, 0.9045, 0.9065
Support levels: 0.89157
I do not exclude the fact that the price may return to the range and test 0.5 Fibo, but the technical and fundamental background hints at a possible decline. Emphasis on 0.900.
Regards R. Linda!
$PWR : Loss of energy in the AI energy and power stock Since 2022 when Open AI released its GPT 3.o model AI stocks like NASDAQ:NVDA and the data center solutions providers within the power and electricity space like NYSE:PWR and NYSE:ETN had a great run.
But recent events related to Deepseek have exposed weakness in the AI trade. When the market is fixated on NASDAQ:NVDA and NASDAQ:AVGO as the generational AI trade, the power and industrial names have been consolidating at their 200 Day SMA. These power stocks within the industrial sector are looking for catalysts to break out of the consolidating pattern. Let’s watch out for NASDAQ:NVDA earnings on Feb 26. And the SPDR Sub Sector Industrial ETF AMEX:XLI has also stalled. But we should always remember for this bull market to playout in full swing we need industrials need to outperform the index.
For now NYSE:PWR is in accumulation pattern.
SBUX | What's Next?SBUX has been on a tear lately. The screenshot I am including explains all of this as well; however, SBUX has seen a decline in value since being bouncing between the tight Support and Resistance levels. With all confluences taking into consideration - news, patterns, price action, and whatever else you can think of to make a case for a breakout beyond resistance or a reversal would be great towards helping me learn more!
Appreciate your time!
NASDAQ:SBUX
GU Ascends From Triangle - Breakout & Retest Set-UpFX:GBPUSD ended last week with a Bullish Price Breakout of the Ascending Triangle that it fell into after breaking down below Support-Turned-Resistance and finding Support at the October 2023 Lows last month.
Overall indicators suggest we could be experiencing a Valid Breakout of this pattern due to:
1) Strong Breaker Bar with Close outside of Range
2) Based on the Range from High to Low of the Ascending Triangle, Price made a 26% move beyond the break
3) Bullish Volume following Break
4) RSI Above 50
The Confirmation of Valid Break will come if price is able to:
1) Close 3 - 5 Days outside of pattern
2) Price successfully is Supported by Previous Structure Broken
3) Bullish Volume Builds on Retest
When the Breakout is Validated, Buying opportunities could be delivered in the ( 1.2525 - 1.2485 ) Range on the retest with an immediate Target Profit at the December 2024 Resistance laying overhead at the ( 1.28 - 1.29 ) Range
Fundamentally, this month we saw BOE make a 25bps rate cut down to 4.50% with GBP having quite a positive increase in GDP (+.3%) which could be inflationary. USD showed a slight uptick in CPI (+.1% y/y) strengthening the stance on minimal Rate Cutes this year but a big miss in Retail Sales, Unemployment Claims and Non-Farm Employment!
GBP:
Tuesday - Claimont Count Change/ BOE Gov. Bailey Speaks
Wednesday - CPI
Thursday - Consumer Confidence
Friday - Retail Sales/ Flash Manufacturing PMI/ Flash Services PMI
USD:
Monday - Presidents Day (Bank Holiday)
Tuesday - Empire State Manufacturing Index
Wednesday - FOMC Meeting Minutes
Thursday - Unemployment Claims/ Philly Fed Manufacturing Index/ Crude Oil Inventories
Friday - Flash Manufacturing PMI/ Flash Services PMI/ Existing Home Sales
GOLD → ATH retest - 2942. A step away from a breakoutFX:XAUUSD is testing ATH, which generally increases the chances of growth continuation. The 3000 target is getting closer and closer. Retail sales data is ahead
Metal is consolidating after the rally, remaining in an uptrend. Supported by Trump's tariff plans and expectations of Fed easing. PPI data reinforced dovish sentiment, weakening the dollar and bond yields.
Markets reacted to the delay in tariffs and comments from Trump and Powell on the need to cut interest rates (without specific dates), which supported gold. Ahead is possible profit taking and the impact of US retail sales data
Resistance levels: 2942.6, 2950
Support levels: 2929, 2922, 2908
Emphasis on key supports. There is a possibility of support retest before further growth. If this does not happen and the price heads towards ATH, the scenario for a pullback to the support at 2929-2922 before further growth will remain
Regards R. Linda!
GOLD → Waiting for news. What next?OANDA:XAUUSD during the adjustment period, we are monitoring key risk zones from which the trend may continue or the correction could extend longer...
The focus today is on the scheduled US CPI data release, which could provide new momentum for gold.
Markets remain concerned about Trump's tariffs potentially triggering inflationary pressures, which could allow the Fed to maintain its hawkish stance.
The US dollar strengthened significantly following speculation that the Fed will keep interest rates unchanged in the near future, putting pressure on gold prices for the second consecutive day on Wednesday.
However, Trump also hinted at considering additional tariffs on goods, raising concerns about a global trade war and serving as a catalyst for this safe-haven precious metal.
Gold's next movement depends on inflation data and Trump's tariff levels. If CPI exceeds forecasts, the dollar will strengthen and gold prices will decline. Conversely, weak data could support the metal's growth.
Resistance levels: 2898, 2911, 2930
Support levels: 2880, 2870, 2855
From a technical perspective, breaking above the support level at 2880 indicates the market remains bullish and quite aggressive. If buyers maintain prices above 2880-2885, then in the short and medium term, we should expect prices to rise to 2930-2950.
If gold breaks below 2880 and stays under this zone, market liquidation could occur and prices may fall to 2855, 2848, after which we can expect gold's growth to resume.
GBPUSD → Attempting a trend change. 1.257 - triggerFX:GBPUSD is trying to take a chance for a trend change amid the dollar correction. The price is testing consolidation resistance for a breakout
On the daily timeframe, the price is consolidating above the previously broken trendline and the attempt to break the resistance is generally indicative of the market sentiment. A dollar correction could favor the pound if the index breaks 107 and heads towards 106-105.
Technically, the focus is on 1.257, a key resistance trigger. A break and price consolidation above this zone could trigger a rally.
Resistance levels: 1.2575, 1. 2718
Support levels: 1.250, 1.2377
I do not exclude the possibility of a retest of 1.250 support in order to accumulate liquidity before further growth. The dollar is likely to continue its correction after Trump's and Powell's comments on rate cuts
Regards R. Linda!
#AIXBTUSDT: Get Ready for a Breakout! Short Still the Priority?BYBIT:AIXBTUSDT.P is showing significant weakness after a prolonged downtrend, and now the market is at a critical level. Buyers failed to initiate even a minor rebound, indicating strong selling pressure.
🔎 Key Factors Right Now:
✔ Current Price: $0.23480
✔ Daily Change: -10.76%
✔ Key Levels:
🔹 Resistance: $0.38080, $0.31670
🔹 Support: $0.22063
━━━━━━━━━━━━━━━━━━━━━━
💡 Main Signals Influencing the Market:
📌 No rebound after the drop – the lack of buying pressure increases the chances of further decline.
📌 Empty space ahead – below $0.2206, there are no strong support zones, meaning a sharp drop could follow.
📌 Closing near a critical level – price remains at risk, increasing the likelihood of a breakdown.
📌 Breakout from consolidation – the asset has left its range, signaling the potential formation of a new trend.
━━━━━━━━━━━━━━━━━━━━━━
📉 Main Scenario: Continued Decline
🔻 If BYBIT:AIXBTUSDT.P breaks below $0.2206, the market may accelerate downward:
✅ Target 1: $0.2100 – the nearest technical support.
✅ Target 2: $0.1955 – a zone where a short-term bounce could occur.
✅ Target 3: $0.1780 – a major support level where stronger buyer resistance is expected.
📢 Short remains the priority as long as price stays below $0.2300.
A breakdown of $0.2206 could trigger liquidations and accelerate the drop.
Be cautious with long positions – there are no strong reversal signals yet.
━━━━━━━━━━━━━━━━━━━━━━
🟢 Alternative Scenario: Bullish Reversal
If BYBIT:AIXBTUSDT.P holds above $0.2300 and starts to recover, potential targets include:
✅ Target 1: $0.2700 – a local resistance zone.
✅ Target 2: $0.3167 – a level where a pullback is likely.
✅ Target 3: $0.3800 – a key resistance, breaking which could change the overall trend.
📢 A long entry is only valid if price holds above $0.2400.
Reversal confirmation requires an increase in volume and stability above $0.2500.
📢 As long as the price is below $0.2300 – long positions remain risky.
Conclusion : Critical Moment! Be Ready for a Sharp Move!
📌 BYBIT:AIXBTUSDT.P is at a make-or-break level – any move could lead to an explosive price shift.
📌 Sellers remain in control, but if $0.2300 holds, an unexpected rebound could happen.
📌 Short remains the main scenario, unless price successfully stabilizes above $0.2400.
🚀 Get ready for a major move! Watch $0.2206 closely – this level will determine BYBIT:AIXBTUSDT.P is next direction! 🔥
GOLD → The northbound train is ready to move onFX:XAUUSD is back in trend after a news (inflation) shakeout. The northbound train can continue its journey from station 2908. Initial Jobless Claims and PPI ahead
Prices are supported by uncertainty around Trump's tariffs and US economic data. The Fed remains hawkish due to rising inflation, which raised bond yields and briefly drove the gold price down to $2,865. However, buyers quickly returned, driving the price back up again. The market is waiting for PPI data that could influence Fed policy, but the decline in gold prices is likely to be limited due to trade risks
The price is consolidating in the buying zone relative to the important 2900 - 2908 point. If bulls hold their defenses above 2908, gold could update ATH in the medium term
Resistance levels: 2920, 2929, 2942
Support levels: 2908, 2902
Emphasis on key levels. Gold may test 2908 support before rising further. Also the emphasis is on 2918 - 2920. A price consolidation above this zone will also support the price
Regards R. Linda!
POPCATUSDT → False breakout of bearish trend resistanceBINANCE:POPCATUSDT.P is testing trend resistance on the 4H timeframe. A sharp approach and a false breakdown of the upper boundary of the channel may provoke a correction or continuation of the decline
The global trend is downtrend, the locational trend also coincides with the global trend. Bitcoin cannot become a bullish driver for altcoins yet. Yesterday's economic news also had a negative impact on the market. In addition, the cryptocurrency community was betting big on Trump, but he has put cryptocurrencies on the back burner.
Technically, POPCAT is testing the channel resistance with a false breakout within the downtrend. Consolidation of the price below 0.322 could trigger further selling.
Resistance levels: 0.322, correction resistance
Support levels: 0.2386, 0.1596
I do not exclude the possibility of retesting the resistance of the correction channel, but due to bearish pressure and weak market the decline may continue.
Regards R. Linda!
GOLD → News ahead. Price is testing the risk zone 2881FX:XAUUSD within the correction is testing the key risk zone from which either a continuation of the trend or a deeper correction will take place.
In the center of attention is the US CPI data, which may give a new impetus to prices.
Markets remain in uncertainty over Trump's possible tariffs and Fed policy. According to WSJ, the president's administration is preparing new tariffs and this is another dose of risks for the global economy.
Powell said that the Fed is in no hurry to change course, which raised expectations of a single rate cut in July and strengthened bond yields. Gold's further movement depends on inflation data and Trump's tariffs. If CPI exceeds forecasts, the dollar will strengthen and gold will fall in price. Weak data, on the contrary, may support the metal's growth.
Resistance levels: 2898, 2910, 2929
Support levels: 2881, 2870, 2855
A false break of the support at 2881 would mean that the market is still bullish and quite aggressive. If the bulls keep the price above 2881 - 2885, then in the short and medium term we should expect a rise to 2930 - 2950.
If gold breaks 2881 and sticks below this zone, then liquidation may take place in the market and the price may decline to 2855, 2848.
The situation is stalemate, as there is news ahead and that is why we should consider 2 scenarios.
Regards R. Linda!
EURUSD → Pending a breakout of resistanceFX:EURUSD is trying to take a chance amid the dollar correction. The price is forming a retest of consolidation resistance for a breakout and further growth
After an attempt to break the downtrend resistance, the price moves into consolidation and forms a range of 1.053 - 1.021. Inside this set-up a local channel (consolidation) is formed and the price tests the resistance at 1.038. The market is still trying to confirm the change of trend and get stronger on the background of the dollar correction.
The fundamental background is complicated due to the tariff war and economic crisis....
Resistance levels: 1.038, 1.053
Support levels: 1.033, 1.021
A breakthrough of the resistance at 1.038 and price consolidation above this area may trigger further growth within the distribution of the accumulated potential
Regards R. Linda!
USDCAD → Consolidation before downward distributionFX:USDCAD is stuck in a range (consolidation) between 1.4486 and 1.428. The dollar has been showing negative momentum lately, but with NFP ahead, the data could both reinforce the correction and support the index...
All eyes are on today's economic news. If the actual NFP is below the forecast (169K), it will strengthen the expectations of the Fed rate cut.
At 15:00 the Fed's monetary policy report will be released, which may clarify the further course of the regulator.
If the NFP comes out weak, the dollar may sag and USDCAD may decline.
If the data is stronger than expected, the USD will strengthen, which will lift the USDCAD.
If the Fed hints at a rate cut, it may weaken the USD, supporting the CAD
Resistance levels: 1.4345, 1.4369
Support levels: 1.428
News is uncertainty, as it is impossible to determine the outcome of this situation in advance.
Technically, the currency pair looks weak due to the falling dollar. A break of the support at 1.428 may trigger further decline.
Regards R. Linda!
USDJPY → False break of support gives bulls a chanceFX:USDJPY bumps into support and forms a false breakdown of the lower boundary of the local trend. The dollar is strengthening at this time, which may give a chance for growth of the currency pair.
The price stops in the zone of strong support, the fundamental background has been unstable lately and depends more on the USA. Everyone has long forgotten about the growth of interest rates in Japan and follows the economic data from the West.
Technically, there are two triggers on the chart, one to buy and one to sell, but since the global and local trend is upward, the preference is to buy. If the currency pair is able to consolidate above 151.9 - 151.95, then in the short and medium term we should expect growth to the targets indicated on the chart.
Resistance levels: 151.94, 153.7, 153.97
Support levels: 150.95, 149.52
But, if the dollar continues the correction and the bulls fail to realize the false support breakdown, the price return to 150.95 may provoke the support breakout and fall to 148.64.
Regards R. Linda!