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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!
Short
by RLinda
7
$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.
NYSE:PWRLong
by RabishankarBiswal
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
NASDAQ:SBUXLong
by JoshuaMcDaniel
1
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
Long
by Novi_Fibonacci
7
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!
FX:XAUUSDLong
by RLinda
11
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.
OANDA:XAUUSDLong
by Bentradegold
4
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!
Long
by RLinda
2
#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! 🔥
Short
by MoriartyTrading
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!
FX:XAUUSDLong
by RLinda
5
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!
FX:XAUUSDLong
by RLinda
23
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!
Long
by RLinda
3
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!
Short
by RLinda
1
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!
Long
by RLinda
24
GOLD → Is $3000 still relevant? News aheadFX:XAUUSD has almost touched 2450 and without reaching the psychological target is smoothly flowing into correction with the purpose of respite and filling liquidity before the news and possible growth. Gold is testing 2450 after Trump's new tariffs, keeping demand high. Investors are waiting for Powell's speech and U.S. inflation data, which may influence rate cut expectations and further dynamics of gold. Gold remains volatile on one side and bullish on the other side due to trade risks and Fed policy. Technically, a correction is a logical scenario on the back of a strong market. The price cannot rise all the time, it needs energy, which is accumulated at the expense of sellers. At the moment the emphasis is on such zones as: 2910, 0.5 fibo and 0.7 fibo. Resistance levels: 2910, 2929 Support levels: 2898, 2882, 2870 Powell speaks tonight and tomorrow is the inflation data. High volatility is possible, but the general economic situation supports the metal. Before further growth the price may test 2898, 2882. The target in the form of 2950 - 3000 remains relevant. Regards R. Linda!
FX:XAUUSDLong
by RLinda
6
SOL → The coin may get a chance for growthBINANCE:SOLUSDT is testing trend support and at the same time bulls are trying to hold their defenses above the intermediate bottom and enter the buy zone. SOL both fundamentally and technically has good potential. Bitcoin is consolidating at this time and it can give strong coins a chance. Technically, solana tested the trend support with a touch and is trying to consolidate. I don't exclude the possibility of a false breakdown of the trend support before further growth, but at the moment the focus is on the resistance 200 - 203. If the bulls hold the defense above this area, the coin could strengthen to 245 - 270 - 290 in the medium term. Resistance levels: 203, 200 Support levels: 188, trend Emphasis on the local boundaries of the range. The market is struggling for the zone 200-205, bitcoin at this time is forming a local bullish momentum, which can also become a driver for the cryptocurrency market. Regards R. Linda!
Long
by RLinda
5
GOLD → The northbound train continues to make its way to 3KFX:XAUUSD continues its aggressive rally. The reasons for growth are the same as before - high economic risks. The price is getting closer and closer to the cherished goal of $3000. Gold exceeded $2,850 at the beginning of the week in the U.S., but its growth is limited by the strengthening of the dollar due to increased trade risks.Trump announced new 25% tariffs on imports of steel and aluminum. Gold is further supported by rising PBOC reserves and expectations of stimulus from China. However, the dollar may continue to strengthen ahead of US inflation data, limiting gold gains. Expectations of a dovish Fed and trade risks will help contain gold's decline. Technically, the next two levels are important for us: the psychological level of 2900 and the key support of 2882. Resistance levels: 2900 (not confirmed) Support levels: 2882, 2870, 2855 The bulls can consolidate above 2900 without a pullback and continue the rally, but the most likely scenario is a false break of 2900, correction to 2882 to accumulate liquidity before continuing the rally northward Regards R. Linda!
FX:XAUUSDLong
by RLinda
4
BITCOIN → Down to $90,000. Downside risks are risingBINANCE:BTCUSD feels the change of mood and continues to form set-ups hinting at a possible continuation of the correction. Another retest of the 90K risk zone is possible. On the medium-term timeframe bitcoin failed to hold near ATH, in the upper consolidation range and entered the local selling zone, under the level of 99800. A negative note is felt in the cryptocurrency market, as well as a change in sentiment. Altcoins continue to break through bottom after bottom without any positive prospects. Bitcoin at this time is most likely resentful of the US governing apparatus due to the fact that no promises from Trump have been kept so far, and the price is moving into a protracted correction in the local perspective Briefly, here's what's going on: Expectations: Bitcoin reserve, cryptocurrency market support, transparent regulation, pumping the market ... Reality: new scam coins created before the US election that sucked all liquidity, market manipulation, trade war with almost every country on the planet, dumping the market into the abyss. Support levels: 95.8 (trigger), 91300, 90K Resistance levels: 100.2, 102.67 Technically, the situation is that bitcoin may continue its decline and test 90K again, from which the risks around 90K will grow. At the moment, the price is in consolidation between 95.8 - 100.2. A pre-breakdown consolidation is forming near the support, foreshadowing the support breakdown and further fall to 90K. But, due to the dependence of the asset before the actions of politicians in the U.S., the price may shake out to 100.2 before further falling Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
40
Market in Consolidation, The Calm Before the Next Big MoveThe market is currently in a sideways consolidation phase, showing a lack of significant movement across altcoins. This is a natural occurrence following an impulsive move, where price action stabilizes before the next major breakout. Such phases often lead to a period of uncertainty as traders wait for a clear directional move. After a strong price movement, it is common for the market to go into sideways consolidation before deciding its next direction. Right now, almost every altcoin is forming a symmetrical triangle pattern, which suggests that buying and selling pressures are balancing out. This pattern typically acts as a precursor to a major breakout, either upward or downward, depending on market sentiment and external factors. During this phase, it is crucial to exercise patience and avoid making impulsive trades. The best strategy is to wait for confirmation of a breakout before entering the market. A decisive break above or below the current range will provide clarity on the next significant move. Traders should closely monitor key support and resistance levels to position themselves effectively. Historically, prolonged periods of consolidation lead to strong moves in either direction. The longer the market remains in this phase, the more powerful the eventual breakout is likely to be. Being prepared and having a well-defined trading plan will be essential in capitalizing on the next market movement.
CRYPTOCAP:OTHERS
by wolfchemist
OMUSDT → Consolidation in a triangle before the rallyBINANCE:OMUSDT is a paranormal coin in this case, as it is one of the few projects that shows bullish dynamics while all altcoins are finding bottom after bottom. Perhaps the situation partly depends on BINANCE:BTCUSD . If it starts to fall even deeper, nothing and no one will help here. But locally bitcoin is forming a resistance breakout and if the bulls hold this trend, the BINANCE:OMUSDT.P coin may have a bullish driver that can support the bullish movement. At the moment, the focus is on the triangle (wedge) resistance and the base of the 5.6756 pattern. Two bullish scenarios should be considered: Growth after a resistance breakout or growth after a false breakdown of support. Resistance levels: 5.9821, 6.30 Support levels: 5.75, 5.6756 At the moment, a consolidation within the triangle boundaries is being formed. But when the resistance is broken, the market may move to the realization phase and the impulse may be quite sharp. Ahead, beyond 6.3, there is no resistance... Regards R. Linda!
Long
by RLinda
16
GOLD → Price enters buying zone ahead of NonFarmsFX:XAUUSD resumes gains Friday after brief pause, retesting liquidity accumulation support, but traders cautious ahead of US NFP release NFP decline may support gold - if the actual NFP comes in below forecast (169K), it will reinforce expectations of an imminent Fed rate cut. Weaker labor market → pressure on the dollar → gold rises. Fed and policy: At 15:00, the Fed's monetary policy report will be released, which could clarify the regulator's future course. If signaling easing → gold up. If there will be hawkish notes → pressure on XAUUSD, but we should also take into account Trump's policy on economic risks Conclusion on XAUUSD: In the medium term there is every chance to reach $3,000, locally it all depends on the news: weak NFP and lack of wage growth could send gold above $2,900. If the data turns out to be strong → a downward correction is possible Resistance levels: 2870, 2882 Support levels: 2858, 2848 Technically, the focus is on the 2870 resistance. If the price can break this resistance and consolidate above, this maneuver will open the way to further upside. I do not rule out a retest of the channel boundary or 2858 before further upside. Regards R. Linda!
FX:XAUUSDLong
by RLinda
4
GOLD → Correction for accumulation of potentialFX:XAUUSD is growing during the week. The asset enjoys interest on the background of economic risks and dollar correction. After a small correction, the train may move north again Markets are watching the US-China trade talks, easing fears of a global trade war, as well as Trump's initiatives on the Middle East, weakening demand for the USD as a safe-haven asset. In addition, a rising yen is pressuring the USD, supporting gold. Investors' focus is on Friday's NFP data, which could influence the Fed's next steps. Attention is also paid to weekly jobless claims and Fed comments. The market is quite aggressive on any drastic action by Trump as this assessment is correlated relative to global risks Technically, the price is correcting to accumulate liquidity and potential for possible upside. Below are quite strong support areas that could push the price back. Support levels: 2845-2850, 2830 Resistance levels: 2860, 2872, 2882 As part of the correction in the uptrend, the price may test 0.5-0.7 Fibo as well as the previously broken resistance of the ascending channel. There are no technical and fundamental reasons to break the trend, the growth may continue after a false breakdown. Regards R. Linda!
FX:XAUUSDLong
by RLinda
23
GOLD: Correction for potential accumulation.is growing during the week. The asset is performing well in the face of economic uncertainty and a dollar drop. After a minor modification, the train might go north again. Markets are keeping an eye on US-China trade talks, which are alleviating fears of a global trade war, as well as Trump's Middle East efforts, which are reducing demand for the US dollar as a safe-haven asset. Furthermore, a rising yen puts pressure on the US dollar, which supports gold. Investors are focused on Friday's NFP report, which may influence the Fed's future measures. Weekly jobless claims and Federal Reserve statements are also monitored. The market is quite aggressive on any radical action by Trump because this evaluation is tied to global concerns. Technically, the price is correcting to gather liquidity and potential for future gains. Below are some strong support levels that could send the price back. Support levels: 2845-2850 and 2830. Resistance levels: 2860, 2872, and 2882. Trade Active Gold is testing the previously defined support zone. The accent is on 2845-2840. If the bulls keep the defense above this zone, it is worth waiting for gains in the short-term. As part of the upward corrective, the price may test the 0.5-0.7 Fibo level, as well as the previously broken ascending channel barrier. There are no technical or fundamental grounds to break the trend; growth may continue despite a fake collapse. By Nexus Trades Zone
FX:XAUUSDLong
by NexusTradesZone