XAUUSD strong bullish analysis opportunity 1. Support May Not Hold – The chart assumes price will respect the support zone and reverse upwards. However, given the strong bearish momentum leading into this level, a breakdown is possible. A break below the support could trigger further declines instead of the expected rebound.
2. Resistance Might Not Be Reached – The analysis predicts a move towards the resistance zone around 2,940, but if selling pressure remains strong, price could stall at the intermediate resistance (around 2,910-2,920) before reversing downward again.
3. Trend Continuation Instead of Reversal – The market is currently in a downtrend, making a continuation of lower lows and lower highs more probable than an immediate bullish reversal. Any short-term bounce might be a liquidity grab before further decline
Forex
GOLD recovered after a 1.3% correction, paying attention to PCEOANDA:XAUUSD rose slightly on Wednesday (February 26), after a sharp 1.3% drop in the previous trading day, as traders took profits from a new record high set by gold.
Spot gold prices fell to their lowest level in more than a week yesterday as investors took profits after a period of gold prices reaching record highs amid ongoing concerns about instability caused by US President Trump's tax imposition plan.
OANDA:XAUUSD traded at nearly 2,915Dollar.oz, about $40 below the all-time high set on Monday.
Gold prices have been supported in recent days by weak U.S. economic data that raised expectations the Federal Reserve could cut interest rates in July, while President Donald Trump's growing tariff threats have increased safe-haven demand.
In addition, gold is also receiving renewed attention from gold ETFs. Last week ETFs saw their largest net inflows since 2022, according to Bloomberg data.
- The world's largest gold ETF, SPDR Gold Trust, increased its gold holdings by 0.29 tons compared to the previous day and the current gold holdings are 907.82 tons.
- The world's largest silver ETF - iShares Silver Trust reduced its holdings by 73.62 tons compared to the previous day and its current holdings are 13,655.67 tons.
Meanwhile, investors and economists expect the Fed to respond “robustly and systematically” to changes in inflation and the labor market, according to research released Monday by the San Francisco Federal Reserve. Rising inflation could force the Federal Reserve to maintain high interest rates, reducing the appeal of non-yielding gold.
Uncertainty over US President Donald Trump's use of tariffs as a negotiating tool has caused traders to become risk-averse. On Monday, Trump hinted that tariffs on imports from Mexico and Canada would take effect next week, even as both countries work to combat fentanyl and illegal immigration.
This week, key US data also includes durable goods orders, revised fourth-quarter GDP and the Federal Reserve's preferred measure of inflation, the core personal consumption expenditures (PCE) price index.
Analysis of technical prospects for OANDA:XAUUSD
After a shock correction in yesterday's trading session, gold recovered to maintain price activity above the original price level of 2,900 USD, which can be considered a positive signal when the downward momentum is limited.
Downside corrections can occur at “shock” levels, which have come to the attention of readers in many publications whenever the market has been up for a long period of time and the Relative Strength Index enters the overbought area. This can be considered normal market activity, because any type of asset that increases or decreases in price does not move in a straight line.
On the current daily chart, Gold still has bullish conditions with support from the trend channel and EMA21 as key support, on the other hand price activity above the $2,900 level also plays a positive role.
As long as gold remains in the price channel, above EMA21, its main prospective trend is still bullish, price drops should only be considered short-term corrections.
During the day, important positions will be highlighted as follows.
Support: 2,900 – 2,880USD
Resistance: 2,938 – 2,946USD
SELL XAUUSD PRICE 2941 - 2939⚡️
↠↠ Stoploss 2945
→Take Profit 1 2933
↨
→Take Profit 2 2927
BUY XAUUSD PRICE 2876 - 2878⚡️
↠↠ Stoploss 2872
→Take Profit 1 2884
↨
→Take Profit 2 2890
GOLD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GOLD is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 2,947.627.
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GBP/NZD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
GBP/NZD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2.210 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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#USDJPY 4HUSDJPY (4H Timeframe) Analysis
Market Structure:
The price is currently respecting a trendline support, indicating that buyers are maintaining control. Additionally, the presence of a buy engulfing area suggests strong bullish momentum, signaling a potential continuation of the uptrend.
Forecast:
A buy opportunity may arise if the price continues to hold above the trendline support, confirming bullish pressure.
Key Levels to Watch:
- Entry Zone: A buy position can be considered near the trendline support after confirmation of bullish price action.
- Risk Management:
- Stop Loss: Placed below the trendline support to manage risk.
- Take Profit: Target key resistance levels based on previous price action.
Market Sentiment:
The combination of trendline support and a buy engulfing area indicates strong buying interest. A confirmed bullish move from this level can provide better validation for a buy setup.
GBP/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are going short on the GBP/JPY with the target of 187.757 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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#USDCHF 4HUSDCHF (4H Timeframe) Analysis
Market Structure:
The price is currently respecting a channel support, indicating that buyers are holding the price within the upward structure. This suggests that the market may continue its upward movement as long as the support remains intact.
Forecast:
A buy opportunity may arise if the price confirms a bounce from the channel support, signaling potential bullish continuation.
Key Levels to Watch:
- Entry Zone: A buy position can be considered near the channel support after confirmation of bullish price action.
- Risk Management:
- Stop Loss: Placed below the channel support to manage risk.
- Take Profit: Target key resistance levels based on previous price action.
Market Sentiment:
The channel support suggests that buyers are still active in the market. A strong rejection from this level can provide better confirmation for a buy setup.
EURUSD: Uptrend still prevails!Dear traders!
Yesterday, EUR/USD experienced an impressive short-term rebound, briefly reaching the key resistance level of 1.052. However, lacking further momentum, the pair quickly retreated and stabilized within the day's range.
Looking ahead, as long as the ascending channel remains intact and its internal support levels hold firm, buyers are likely to continue their attempt to break through the next key resistance at the upper boundary of the channel.
Wishing you a successful trading day with plenty of profits!
#DXY 4HDXY (4H Timeframe) Analysis
Market Structure:
The price is forming a falling wedge pattern, which is generally considered a bullish reversal pattern. This suggests that the downtrend is losing momentum, and a potential upward move could follow if the price breaks above the wedge resistance.
Forecast:
A buy opportunity may arise if the price confirms a breakout from the falling wedge pattern, signaling increased bullish pressure.
Key Levels to Watch:
- Entry Zone: A buy position can be considered after a confirmed breakout above the wedge resistance.
- Risk Management:
- Stop Loss: Placed below the recent swing low to manage risk.
- Take Profit: Target key resistance levels based on previous price action.
Market Sentiment:
The falling wedge suggests potential bullish momentum. A confirmed breakout with strong price action can provide better validation for the buy setup.
CHFJPY POSSIBLE NEXT MOVE!CHFJPY currently break down of traingle and trade and down side of traingle now market will going to retest this traingle resistance and make any candle that show bearish momentum and break thier low so we will see downward market will going.
Remember! The result of your past trades, whether they were winning or losing ones, shouldn’t affect how you handle your next positions.
GBPNZD: Bullish Pattern & Breakout 🇬🇧🇳🇿
GBPNZD formed a bullish accumulation pattern on a daily.
Its neckline was broken with a high momentum bullish candle yesterday.
The next strong resistance is 2.236.
It will most likely be the next goal for the buyers.
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BE ALERT AUDJPY IN SUPPORT ZONE.Audjpy in support zone of Daily Timeframe if Any Daily Candle Give Us Confirm To Prices Go Up Market Will Go Their Rest Lequidity Areas To Hunt Or Fill The FVGs Of Sell Side.
Tip! Trading, like any high-performance endeavor, requires skill, focus, and discipline. Those who are in it for the money alone aren’t likely to focus on the process of being a good trader.
NAS100 at Critical SupportNAS100 is currently trading at 21,150, having completed a falling wedge breakout and now holding at a key support level. The falling wedge is typically a bullish pattern, but in this case, price action suggests a crucial test of support. If this level fails to hold, NAS100 could see significant downside momentum, potentially targeting the 19,000 level.
Technically, a breakdown below this support could confirm a bearish continuation, triggering a strong sell-off. Traders should watch for increased selling pressure and a sustained move below the support zone, which could accelerate bearish momentum. If the support holds, however, NAS100 could attempt a recovery, making this a decisive level to monitor.
Fundamentally, NAS100 remains under pressure due to concerns over Federal Reserve policy, interest rate expectations, and broader market sentiment. Any signs of prolonged high rates or weak earnings from major tech companies could fuel further downside pressure. Additionally, rising bond yields and a stronger US dollar may continue to weigh on the index.
In summary, NAS100 is at a critical support level after a falling wedge breakout, with the potential for a sharp drop if the support breaks. Traders should closely monitor price action, volume, and macroeconomic developments to confirm the next move. A break below this level could open the door for further downside toward 19,000.
XAUUSD: Buy or sell?Gold continues to decline for the second day, trading around $2,913 per ounce, as the market pauses ahead of key inflation data and uncertainty surrounding Trump’s tariff policies. Despite the drop, strong buyer interest at lower levels signals stability, while expectations of further Federal Reserve rate cuts continue to support the metal.If buyers defend key levels, a short-term rebound may occur.
GBPUSD Week 9 Swing Zone/LevelsLast week saw a few pinched pips and also few losses. This highlights the benefit of having a good risk to reward ratio.
Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). This generates a fairly accurate levels with actual price action determining trades.
SL, stoploss is usually btw 10-15pips
TP, Takeprofit is 5-10x that, with sl moving to BE, breakeven once trade pinches +20pips.
Precious metals declined due to tariff policiesPrecious metals declined due to US President Donald Trump's unpredictable tariff policies but remained anchored at high levels because of this.
On February 25, Mr. Trump directed a study of the possibility of imposing new tariffs on imported copper to rebuild US production of metals critical to electric vehicles, military hardware, power grids and many other consumer goods. He also announced he would soon expand his trade war to include a 25% tariff on goods from the European Union (EU)...
Investors are waiting for the US personal consumption expenditures index (PCE) report, a favorite inflation measure of the Federal Reserve (FED), scheduled to be announced on February 28. How inflation develops can affect the FED's interest rate policy this year and impact the precious metals trend.
Higher-than-expected inflation could strengthen the possibility that the US Central Bank will continue to delay further interest rate cuts. Meger added that as one of the key hedges against inflationary pressures, gold should appreciate more.
GBPUSD: Buy or sell?Dear traders,
Recently, GBPUSD has struggled to sustain its new high at 1.269, experiencing a slight downward correction while still holding relatively stable at elevated levels. The primary driver behind this decline is the renewed demand for the U.S. dollar, fueled by rising U.S. Treasury yields and the House of Representatives’ approval of the Republican Budget Plan, which has negatively impacted the pair.
As a result, GBPUSD is likely to undergo a short-term corrective move against the trend, seeking new support levels before resuming its upward trajectory.
USD/CAD rallies for fourth day into resistanceUSD/CAD has continued higher for a fourth day, but I suspect this is part of a countertrend move around a larger move lower.
Market positioning his extreme levels of record short exposure to CAD futures last year, and many of these bears refused to return despite USD/CAD continuing higher. The sharp reversal lower from 1.48 also suggests we have seen a significant top on the pair.
I am now seeking evidence of a swing high around the 1.4386 HVN (high-volume node) and for momentum to realign with the sharp selloff witness at 1.48.
Matt Simpson, Market Analyst at City Index and Forex.com
AUD/USD dip could be nearing its inflection pointAfter a 3-week rally which stalled around the 64c handle with a shooting star candle, a pullback was almost inevitable. but we have already seen AUD/USD fall for four consecutive days, and recent history shows its bearish streaks tend to max out at five down days. Given support is nearby and the AU-US 2-year yield is rising, I am now seeking a swing low around the 0.62750 - 0.6300 area for at least a minor bounce.
But if the recent swing low on the US dollar index gives way, perhaps something much bigger.
A break above 0.6420 opens up a run to 0.6500.
Matt Simpson, Market Analyst at City Index and Forex.com