GBPUSDHello Traders! 👋
What are your thoughts on GBPUSD?
This currency pair has been moving within an ascending channel, but after reaching the channel’s upper boundary, we saw a bearish reaction and price reversal.
Currently, the price has also broken below the support zone.
We expect that after a pullback to the broken level, the price will drop further, at least to the next identified support level.
What’s your outlook on this pair’s next move? Do you expect further downside?
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DXY
GBP/USD Trendline Breakout (Weekly Forecast Mar 3 - 7)The GBP/USD Pair on the H2 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 1.2425
2nd Support – 1.2316
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USD/JPY Channel Breakout (Weekly Forecast Mar 3-7)The USD/JPY pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 153.90
2nd Resistance – 155.60
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US DOLLAR: Sell Opportunity after support breakTVC:DXY has broken below a key support zone, indicating a potential shift in momentum. The price is now retesting this zone, which previously acted as support and could serve as resistance, aligning with a potential bearish continuation.
If sellers confirm resistance at this level, the price is likely to decline further toward the 105.800 target , which aligns with a major support level. Conversely, a breakout above the zone could signal further upside.
Before considering short positions, look for bearish confirmation signals such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
USD/CHF Wedge Breakout (Weekly Forecast Mar 3-7)The USD/CHF pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 0.9138
2nd Resistance – 0.9221
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Gold XAUUSD Move 03-07 March 2025Technical Analysis & Trade Signal
Market Overview:
Current Price: Around 2,858.140 USD
Trend Analysis:
The price was in an uptrend but recently broke down, indicating a possible bearish reversal.
A key support level was broken, which is now acting as resistance.
Key Levels:
Resistance Zones:
Minor Resistance: 2,900 - 2,920 USD
Strong Resistance: 2,960 USD
Support Zone: 2,780 - 2,800 USD
Trade Signal:
📉 Sell Signal: If the price retests the 2,900 - 2,920 USD resistance zone and rejects downward, enter a short trade targeting 2,800 USD.
📈 Buy Signal: If the price holds support around 2,780 - 2,800 USD and starts moving up, consider a long trade targeting 2,900 USD.
👉 Confirmation: Use additional indicators like RSI, MACD, and volume to confirm the trade setup before executing.
DXY Will Grow! Buy!
Hello,Traders!
DXY is trading in an uptrend
And the index is already making
A bullish rebound from the
Rising support line so we are
Bullish biased and we will be
Expecting a further bullish
Reaction and move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
EUR/USD Technical Analysis: Bearish Momentum with 2.04R ShortEUR/USD Technical Analysis: Bearish Momentum with 2.04R Short Opportunity
Current Market Structure
The EUR/USD is displaying a clear bearish trend across multiple timeframes, with price action showing lower highs and lower lows since late 2024. Analysis of the charts reveals:
Daily timeframe: Sustained downtrend since October 2024, with price currently testing resistance near 1.0380
4-hour timeframe: "Confirmed" bearish alignment with both the 8 EMA and 21 EMA positioned below the 55 EMA
1-hour timeframe: Similar bearish configuration, reinforcing the short bias
EMA System Confirmation
The proprietary EMA System Status indicator demonstrates strong bearish conviction:
240 Signal: Bearish
240 Trend: Bearish
Alignment: Confirmed
This triple confirmation suggests high-probability conditions for short entries.
Key Technical Levels
Support Levels:
1.0300: Psychological round number
1.0230: Recent swing low and profit target
1.0200: Major psychological support
Resistance Levels:
1.0400: Key resistance zone with 200 EMA confluence
1.0430: Stop placement zone above recent swing high
1.0500: Major psychological resistance
Correlation Analysis
Supporting the bearish thesis, the DXY (Dollar Index) shows a complementary bullish structure with:
Confirmed bullish alignment on the 4-hour timeframe
Recent break above the 107.00 resistance level
Bullish momentum in MACD
This inverse correlation adds significant weight to the EUR/USD short setup.
Trade Parameters
Entry Strategy:
Short at 1.03632
Stop Loss at 1.04287 (65.5 pips)
Profit Target at 1.02296 (133.6 pips)
Risk/Reward Ratio: 2.04
Risk Management:
1% account risk allocation
0.5 lot position size
$500 risk per trade (on $50,000 account)
Potential profit: $1,019.85
Technical Confluence Factors
Several factors align to support this trade setup:
Price rejecting at 55 EMA resistance on multiple timeframes
MACD showing bearish momentum and alignment
Weekly and daily session boundaries reinforcing resistance zones
Recent higher timeframe rejection of the 200 EMA
Market Timing Considerations
The European and US economic calendars should be monitored for:
ECB monetary policy statements
Federal Reserve commentary
US dollar-impacting economic data releases
Conclusion
The EUR/USD presents a high-probability short opportunity with a favorable risk-reward ratio of 2.04. All key technical indicators align bearishly across multiple timeframes, with strong correlation confirmation from the DXY. This setup fits the criteria for a "Confirmed" signal within our trading system, meeting our standards for trade execution.
Trade management will follow our established protocol with potential scaling out at interim support levels and trailing stops implemented once price moves beyond the 1:1 risk-reward ratio point.
DXY Is Going Up! Long!
Please, check our technical outlook for DXY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 107.566.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 108.420 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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BTC , road map
"Hello traders, when considering BTC, the decision-making process should align with your strategy as either a holder or trader. In high time frames, based on the (FVG) concept, BTC's price could potentially reach $180,000. However, for short-term traders, the price might dip to the $70,000 zone initially. I anticipate a pullback to $92,000, after which I will evaluate candle formations to determine a selling position.
Please note that this analysis is subject to updates over time."
If you have any specific questions or need further assistance with your message, feel free to let me know!
Weekly FOREX Forecast Mar 3-7th: USD EUR GBP AUD NZD CAD CHF JPYThis is an FOREX major pairs outlook for the week of Mar 3-7th.
In this video, we will analyze the following futures markets:
USD Index*
EUR
GBP
AUD
NZD
CAD
CHF
JPY
The USD took a bullish turn at the end of last week. It's currency counterparts will likely see some downside this week.
The JPY will be the exception. It tends to out perform the USD in uncertain geo-political environments. If there is a flight to safety, the JPY edges out the USD on the list of safe havens. Look for a strengthening Yen to continue to make gains.
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.