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EURUSD-2

Euro may continue to move up inside upward channelHello traders, I want share with you my opinion about Euro. We can see how the pair spent a long time inside a wide range, repeatedly testing the buyer zone between 1.0365 - 1.0400 points. After multiple rebounds and false breakouts, Euro finally broke through the resistance and started forming a strong upward channel. The bullish structure was further confirmed when the price respected the support line of the channel and created a new higher low near 1.0885, which now acts as the current support level. This level also coincides with the bottom of the seller zone, which was recently flipped into support. Price reacted with a sharp impulse up, breaking the consolidation range and confirming continued bullish pressure. Now Euro is approaching the middle of the channel and gaining strength again. I expect the pair to make a slight pull-back to the support area, followed by a continuation of the upward trend toward TP1 - 1.1250 points, which aligns with the upper boundary of the channel. As long as EUR remains above 1.0885 points and respects the bullish structure, I’m looking for another leg higher. The chart structure supports the bullish case, and the upward momentum is clearly in play. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
6
EURUSD Will Go Down From Resistance! Short! Take a look at our analysis for EURUSD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.104. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.091 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
Euro Steady as EU Retaliates on TariffsThe euro hovered around 1.0980 on Thursday, supported by rising trade tensions and renewed political stability in the Eurozone. Sentiment favored the currency after China raised tariffs on all U.S. goods to 84% from 34%, retaliating against Washington’s hike to 104% on Chinese imports. The European Commission also approved retaliatory tariffs on €21 billion worth of U.S. goods, including soybeans, motorcycles, and orange juice. The escalation pushed investors away from typical safe havens like the dollar and Treasuries. Political stability in Germany further supported the euro, as the CDU/CSU and SPD finalized a coalition, clearing the way for Friedrich Merz to become Chancellor next month. The ECB is also expected to cut rates by 25 basis points later this month. Key resistance is at 1.1020, followed by 1.1100 and 1.1150. Support lies at 1.0880, then 1.0810 and 1.0730.
by ChartMage
WHY GBPUSD BULLISH ?/ DETAILED ANALYSISGBPUSD has successfully completed a textbook retest of a major demand zone around 1.2650–1.2700, and we’re now seeing signs of bullish strength returning to the pair. After a corrective move from recent highs, price respected this zone with high precision, forming a strong bullish rejection candle that signals a potential reversal. With the market pushing back above 1.2850, we now have a clean higher low structure forming, indicating the next bullish leg is likely in play. Technically, the 12H chart structure aligns well with a bullish continuation model. Price broke structure to the upside, came back to retest the neckline of the previous impulse leg, and is now bouncing with solid momentum. This is a classic demand zone reaction paired with a clean V-recovery pattern. As long as GBPUSD holds above 1.2700, I am targeting the 1.3400–1.3460 region in the coming weeks. The risk-reward setup here is highly favorable, with clearly defined invalidation below 1.2650 and upside potential aligned with macro sentiment. On the fundamental side, GBP remains supported by persistent wage growth and sticky inflation in the UK economy, leading the market to price in fewer near-term rate cuts from the Bank of England. Meanwhile, the US dollar has started to show cracks as softer inflation data and slower NFP numbers last week are reducing expectations for further Fed tightening. This divergence in policy outlook between the BoE and the Fed is fueling GBPUSD upside, especially as the pair trades around key psychological levels. Overall, with a strong confluence of technical bounce from demand, bullish fundamentals, and market sentiment shifting toward risk-on, GBPUSD looks well-positioned for further upside. A break and hold above 1.2900 will likely accelerate the move toward 1.3460. I'll be watching closely for momentum continuation setups as the pair builds bullish pressure in this zone.
Long
by AndrewsMarket-Mastery
2
BTC/USD more sells incoming? 66k?!Good morning traders, I’m back again with another beauty guys!! I’m sure everyone is asking what’s happening in the markets recently, well Trump(era) is happening. Back to the charts, here I have a 1 hour TF, yesterday we saw very big moves in price following the news that the tariffs are on hold, but that doesn’t or shouldn’t take always our market sentiments and our biases we had coming into this new week. This setup is basically a continuation set up but for now I’m only focusing on the relative equal lows because we understand that’s there is sell stops resting below those lows. For the rest of the day we can expect price to deliver lower price for the rest of the week but my question is this…can price drop to the 66k level? Good luck traders and remember we study price and time not technical analysis!
BITSTAMP:BTCUSDShort
by FxPipMaster_TebohoMatla
Heading into 61.8% Fibonacci resistance?The Fiber (EUR/USD) is rising towards the pivot and could reverse to the 1st support which has been identified as a pullback support. Pivot: 1.1024 1st Support: 1.0939 1st Resistance: 1.1089 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
2
EURUSD H1 | Bearish Fall Based on the H1 chart, the price is rising toward our sell entry level at 1.1013, a pullback resistance that aligns with the 61.8% Fibo retracement. Our take profit is set at 1.0904, a multi-swing low support. The stop loss is set at 1.1120, a swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by Tradu
Gold Faces Key Resistance – Will the Uptrend Continue?📊 XAU/USD Daily Technical Outlook – April 10, 2025 Gold has recently seen a strong rally, reaching an all-time high of $3167 per ounce. However, it encountered significant resistance at the upper boundary of its ascending channel, leading to a sharp pullback after the release of strong U.S. employment data, which boosted the dollar and exerted selling pressure on gold. Currently, gold is trading around $3050, with key support levels at $2956, $2860, and $2790, which could act as potential bounce points if the decline continues. 📈 Current Market Structure: After reaching the all-time high, the price has corrected lower. As it approaches the support levels mentioned above, the market may see fresh buying opportunities if these levels hold strong. 🔹 Key Resistance Levels: $3100: Immediate resistance. A break above this level could signal a resumption of the uptrend. $3167: All-time high. A breakout above this level would open the door for further gains. 🔸 Key Support Levels: $2956: First support. The price may bounce at this level if it holds. $2860: Major support. A failure to hold above this level could lead to further declines. $2790: Strong support. A drop below this level would signal a shift in the market's direction. 📐 Price Action Patterns: As the price approaches key support levels, there could be reversal patterns forming, indicating a potential price bounce. It’s crucial to monitor the price action at these levels to spot potential entry opportunities. 🧭 Potential Scenarios: ✅ Bullish Scenario: If gold manages to hold above $2956 and bounce, the uptrend may resume toward the resistance levels mentioned above. ❌ Bearish Scenario: If gold fails to maintain the key support levels, the correction could continue, with further declines toward lower support levels. 📌 Conclusion: Gold is currently testing crucial support levels. Monitoring how price behaves at these levels will be key to determining the next direction. Traders should keep an eye on any economic developments that may affect market sentiment. 💬 What’s your outlook for Gold? Will it continue its uptrend or experience further corrections? Share your thoughts below.
OANDA:XAUUSDLong
by Saeed966
14
EUR/USD Nears Key Resistance – Will the Uptrend Continue?📊 EUR/USD Daily Technical Outlook – April 10, 2025 EUR/USD is currently trading around 1.0964, following a strong upward move from 1.0800 to 1.1000. This rally has been driven by strong momentum and a clear break of structural resistance levels. However, the pair is now approaching a critical resistance zone between 1.1150 and 1.1200, which could lead to a potential pullback or reversal. 📈 Current Market Structure: The pair has seen a solid rise from 1.0800, breaking through multiple resistance levels along the way. However, as it approaches the strong resistance area between 1.1150 and 1.1200, there may be some profit-taking or correction. The key question is whether the bulls can push through this resistance to continue the uptrend. 🔹 Key Resistance Levels: 1.1150 – 1.1200: This is the critical resistance zone. If price fails to break above this, we could see a pullback or consolidation. 1.1215: A further key resistance. If price reaches this level and struggles to move higher, it may signal a potential reversal. 🔸 Key Support Levels: 1.0960: Immediate support level. A pullback toward this area could offer another opportunity for buying if the bulls continue to dominate. 1.0800: Major support. A failure to hold this level could lead to further downside and shift the market sentiment to bearish. 📐 Price Action Patterns: As the price approaches the strong resistance zone, we might see profit-taking or corrective moves. It's crucial to monitor how price reacts at these levels to determine the next potential move. A break above 1.1200 could signal continued bullish momentum, while failure could lead to a retracement. 🧭 Potential Scenarios: ✅ Bullish Scenario: If EUR/USD manages to break through the 1.1150 – 1.1200 resistance zone, it could continue its uptrend toward higher levels. A close above 1.1200 would strengthen the bullish outlook. ❌ Bearish Scenario: If price fails to break through resistance and pulls back below 1.0960, a deeper correction toward 1.0800 could be on the cards. A break below 1.0800 would suggest a more bearish outlook. 📌 Conclusion: EUR/USD is at a critical resistance point. Watching how the pair reacts near 1.1150 – 1.1200 will be key in determining if the bullish trend can continue or if a correction is likely. These levels will act as the defining points for the next move. 💬 What’s your outlook for EUR/USD? Will the pair break above 1.1200, or is a bearish reversal imminent? Share your thoughts below 👇
Short
by Saeed966
6
GBP/USD Faces Crucial Resistance – Will the Uptrend Continue?📊 GBP/USD Daily Technical Outlook – April 10, 2025 GBP/USD is currently trading around 1.2696, facing significant resistance near the 1.2800 level. After a recent decline from the 1.3434 peak, the pair has been consolidating, forming a range between 1.2740 and 1.2860. The market's reaction to these levels will be crucial in determining the next directional move.​ 📈 Current Market Structure: The recent price action indicates a neutral to bearish trend for GBP/USD. The pair has formed lower highs and higher lows, creating a symmetrical triangle pattern, suggesting indecision in the market. A breakout from this pattern, either above 1.2860 or below 1.2740, will likely set the tone for the next significant move.​ 🔹 Key Resistance Levels: 1.2800: Immediate resistance. A break above this level could signal a potential bullish move.​ 1.2860: Upper boundary of the current range. A decisive break above this level would confirm the continuation of the uptrend.​ 1.2933: Significant resistance zone. If the price manages to break above this level, it could lead to further gains.​ 🔸 Key Support Levels: 1.2740: Lower boundary of the current range. A break below this level could indicate a bearish reversal.​ 1.2720: Short-term support. Failure to hold above this level might lead to a deeper correction.​ 1.2580: Major support zone. A drop below this level would confirm a bearish trend.​ 📐 Price Action Patterns: The formation of a symmetrical triangle suggests that the market is awaiting a catalyst for the next move. Traders should watch for a breakout from this pattern, as it will likely lead to increased volatility and a clear directional bias.​ 🧭 Potential Scenarios: ✅ Bullish Scenario: A breakout above 1.2860, especially with strong volume, could lead to a rally toward 1.2933 and potentially higher levels.​ ❌ Bearish Scenario: A break below 1.2740 could trigger a decline toward 1.2720, with further downside potential if the support at 1.2580 is breached.​ 📌 Conclusion: GBP/USD is currently consolidating within a defined range, with key levels at 1.2740 and 1.2860. The next significant move will depend on a breakout from this range, providing clarity on the market's direction. Traders should monitor these levels closely and prepare for increased volatility as the pair approaches these boundaries.​ 💬 What’s your outlook for GBP/USD? Will the pair break above 1.2860, or is a bearish reversal imminent? Share your thoughts below 👇
Short
by Saeed966
2
Bitcoin at $83K – Is This the Calm Before the Next Surge or a TrBTC/USD Daily Technical Outlook – April 9, 2025 Bitcoin is currently consolidating just below the psychological $85,000 level after a historic bull run that pushed price to fresh all-time highs. The market is cooling off — not crashing — with price action forming a high-tight flag, often a continuation signal after a vertical move. However, with momentum slowing and volatility compressing, traders must prepare for a major breakout or breakdown in the coming days. 📈 Trend Structure: BTC/USD remains in a strong bullish trend. Since the breakout above $69,000 (previous ATH from 2021), the rally has been aggressive and directional — barely giving bears a chance to breathe. Price has formed a series of higher highs and higher lows, respecting a steep ascending trendline since early February. But now, the pair is coiling near the highs, forming a tight range between $80,000 and $83,500. 🔹 Key Resistance Zones: $83,500 – $85,000: Immediate resistance; this area has capped price multiple times in recent sessions. A daily close above this zone could trigger the next leg higher. $88,000: Near-term bullish target based on measured move from recent consolidation. $90,000 – $92,000: A psychological milestone — and a possible magnet for price if bulls break out cleanly. 🔸 Key Support Zones: $80,000: Round number support — the floor of the current consolidation. $76,500: Previous breakout zone and minor demand area. $72,000 – $74,000: Major support and ideal re-test level if BTC corrects — where many sidelined bulls are likely waiting to buy in. 📐 Technical Pattern: Bitcoin is forming a high-tight flag — a bullish continuation pattern typically found after strong vertical rallies. The range is tightening, volume is dropping, and volatility is compressing — classic signs that a volatility expansion is coming soon. A breakout above $83,500–85,000 would confirm the flag and likely ignite a sharp move to FWB:88K or higher. On the flip side, a breakdown below $80K could send price to retest $76.5K or even $74K — which would still be healthy within the broader trend. 🧭 Scenarios to Watch: ✅ Bullish Scenario: A breakout and daily close above $85,000 would confirm the continuation pattern, targeting $88,000 first, then $90,000+. Volume and candle structure will be key to confirming the move. ❌ Bearish Scenario: If price fails to break out and instead drops below $80,000, a correction could unfold toward $76,500 or even $74,000 — presenting a potential re-entry opportunity for long-term bulls. 📌 Conclusion: Bitcoin is trading near all-time highs in a classic consolidation phase. Price action favors the bulls, but the breakout hasn’t confirmed — yet. Whether BTC breaks above $85K or drops below $80K will likely define the next major swing. As always, let the candles tell the story — and don’t chase, wait for confirmation. 💬 Are we about to see Bitcoin above $90K? Or is this distribution in disguise? Drop your thoughts 👇
BITSTAMP:BTCUSDShort
by Saeed966
3
EURUSD: Channel Down topped. Huge sell ahead.EURUSD corrected the previously overbought levels on its 1D technical outlook (RSI = 60.799, MACD = 0.009, ADX = 25.183) and 1W is expected to follow suit as the price is making a double rejection at the top of the 2 year Channel Down. We anticipate a new -9.25% long term bearish wave to begin (TP = 1.01300). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
4
Gold(XAU/USD) at All-Time Highs – Breakout or Blow-Off Top?📊 XAU/USD Daily Technical Analysis – April 2025 Gold has surged to fresh all-time highs, with price currently trading above $2,320 after an explosive rally in recent weeks. The momentum has been relentless, but price action is now approaching a potential inflection zone, where either a continuation or a sharp correction could emerge. 📈 Trend Overview: The trend on the daily chart is strongly bullish. Since the breakout above the previous all-time high near $2,075 in early March, gold has been in a near-vertical climb, forming successive higher highs with shallow pullbacks. However, with price now significantly extended from recent bases, and psychological levels being tested, bulls may face their first real challenge in weeks. 🔹 Key Resistance Zones: $2,325 – $2,345: Immediate resistance zone based on recent price clustering. A decisive break above this could fuel further upside toward… $2,400: Psychological milestone and potential magnet for bullish momentum if the rally continues. 🔸 Key Support Zones: $2,280: Minor support from the most recent consolidation zone — the first level to watch if gold pulls back. $2,240: A more solid support based on previous breakout structure. $2,180 – $2,200: Major structural demand zone — this is where buyers are most likely to step back in if a deeper correction occurs. 📐 Technical Structures to Watch: Gold is forming what appears to be a rising wedge on the daily chart — a pattern that often emerges during strong trends but can signal momentum loss or potential reversal when the wedge narrows. Additionally, recent price action shows signs of stalling candles (small-bodied candles with long wicks), suggesting hesitation or possible profit-taking at current levels. While there’s no confirmation yet of a reversal, these are early warning signs traders should monitor closely. 🧭 Possible Scenarios: ✅ Bullish Continuation: If gold breaks and holds above $2,345, the next logical upside target would be $2,400, followed by potential extensions toward $2,450 on high momentum or geopolitical catalysts. ❌ Bearish Pullback: Failure to break higher — especially with reversal candles — could trigger a retracement toward $2,280 or deeper to $2,240. A breakdown below $2,200 would indicate a more serious correction and likely shift sentiment short-term. 📌 Conclusion: Gold is in a powerful uptrend, trading at never-before-seen levels. But price is now testing a key zone where momentum could either continue explosively or stall into a correction. Watch for breakout confirmation above $2,345 — or signs of exhaustion below $2,280. Either way, a major move is coming. 💬 Is this the start of Gold 2.0? Or is a correction brewing? Let’s talk below 👇
OANDA:XAUUSDLong
by Saeed966
EUR/USD Approaching a Key Decision Point – Breakout or Pullback📊 Daily Technical Analysis – EUR/USD (April 2025) The EUR/USD pair is approaching a critical resistance zone on the daily chart, with price action showing signs of both trend continuation and potential exhaustion. Traders should brace for volatility as the pair hovers near a multi-month high. 📈 Trend Overview: Since rebounding from the 1.0700 support area in early March, EUR/USD has maintained a steady bullish trend, forming a clean structure of higher highs and higher lows. The overall sentiment remains bullish in the medium term, but the pair is now pressing into a strong resistance zone near 1.0980 – 1.1050, where price previously stalled multiple times in late 2023. 🧱 Key Resistance Levels: 1.0980 – 1.1050: A major resistance block; a clean daily breakout above this zone could trigger renewed buying pressure and open the door for a move toward 1.1200. 1.1270: A key swing high from July 2023, and a likely target if bulls maintain control. 🛡️ Key Support Levels: 1.0870: A short-term support level and previous consolidation zone. 1.0740: A key higher low and critical structure — losing this level could suggest a shift toward a broader range-bound market. 1.0700: March’s reaction low and a major psychological level for euro bulls. 📐 Technical Structures: Price action is showing signs of forming a rising wedge pattern — typically a sign of weakening bullish momentum, especially when it appears near strong resistance. That said, if buyers manage to break through the upper boundary with strong conviction, this setup could transform into a bullish continuation — invalidating the wedge as a reversal pattern. Also, the pair remains inside a bullish price channel, which has guided the trend since mid-March. 🧭 Potential Scenarios: ✅ Bullish Breakout: A strong daily close above 1.1050 would likely confirm the breakout, targeting 1.1200 and possibly 1.1270 as bullish extensions. This could align with further dollar weakness or positive eurozone data. ❌ Bearish Rejection: If the pair fails to break the resistance zone and forms reversal candlesticks, a pullback toward 1.0870 or even 1.0740 becomes likely. A break below 1.0700 would be a strong bearish signal, opening the path toward deeper retracement. 📌 Conclusion: EUR/USD is pressing into a decisive resistance zone after a sustained bullish rally. Price action is king here — a breakout above 1.1050 may confirm bullish continuation, while rejection could trigger a healthy correction. Keep a close eye on daily closes and candle structure in the coming sessions. 💬 How do you see EUR/USD playing out from here? Are we in for a breakout or a top? Share your thoughts 👇
Short
by Saeed966
GBP/USD Is About to Explode – Here’s Why This Level Matters🚨 GBP/USD at a Critical Zone – Breakout or Reversal? Let’s break down the price action from a technical perspective 👇 📊 Daily Technical Analysis – GBP/USD (April 2025) The GBP/USD pair is trading near a key inflection point, with price action hinting at a potential breakout — or a deeper correction. 📈 Trend Overview: The broader trend remains bullish, following a steady rally from the 1.2300 area back in February. The pair has been forming higher highs and higher lows, indicating strong underlying demand. However, we’re now seeing signs of bullish exhaustion as the price struggles near the 1.2850 – 1.2900 resistance zone — an area that previously acted as a strong supply level. 🧱 Key Resistance Levels: 1.2850 – 1.2900: Major resistance zone; a daily close above this level would likely accelerate bullish momentum. 1.3000: Psychological round number and the next natural target. 1.3140: Historical swing high from mid-2023, could serve as the next upside objective. 🛡️ Key Support Levels: 1.2680: Previous higher low and potential first line of defense. 1.2520: Strong structural support — a break below this zone may shift the medium-term outlook to neutral or even bearish. 1.2300: February’s key low and the base of the current trend. 📐 Technical Structures: Price appears to be forming an ascending triangle — a classic bullish continuation pattern — with flat resistance at 1.2850 and rising higher lows from below. This supports the idea of an impending breakout if bulls regain control. Additionally, the pair is moving within a rising price channel, offering clean structure for both trend-following and breakout traders. 🧭 Potential Scenarios: ✅ Bullish Breakout: A confirmed close above 1.2900 would likely open the door toward 1.3000, followed by 1.3140. This scenario aligns with the current market structure, assuming continued weakness in the USD or sustained risk appetite. ❌ Bearish Rejection: Failure to break the resistance zone, especially with bearish reversal candles, could trigger a drop toward 1.2680, and possibly 1.2520. A daily close below 1.2520 would be a strong technical warning for bulls. 📌 Conclusion: GBP/USD is sitting at a technically significant level. The prevailing trend favors the bulls, but the outcome at 1.2850–1.2900 will be decisive. Watch price action closely for confirmation — breakout or rejection, the next move could be sharp. 💬 What’s your take on this setup? Do you see a breakout or a reversal ahead? Drop your thoughts in the comments 👇
Short
by Saeed966
EURUSD: Strong Bullish Sentiment! Long! My dear friends, Today we will analyse EURUSD together☺️ The market is at an inflection zone and price has now reached an area around 1.10453 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 1.10992.Stop-loss is recommended beyond the inflection zone. ❤️Sending you lots of Love and Hugs❤️
Long
by FreeXauusdSignals
2
EURUSD - Trade The Impulse!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈EURUSD has been bearish trading within the falling wedge pattern marked in red. Currently, EURUSD is retesting the upper bound of the wedge. Moreover, the $1.12 is a strong weekly supply zone. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and supply. 📚 As per my trading style: As #EURUSD is hovering around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
6