GOLD Will Go Up! Buy!
Take a look at our analysis for GOLD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 2,912.567.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2,929.572 level soon.
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.
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Forex
AUDUSD Will Move Higher! Long!
Please, check our technical outlook for AUDUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.632.
Considering the today's price action, probabilities will be high to see a movement to 0.640.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPNZD Is Bearish! Short!
Here is our detailed technical review for GBPNZD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 2.217.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 2.209 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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XAUUSD strong down opportunity to big falling 1. Resistance Zone Validity – The marked resistance zone appears strong due to multiple rejections. However, if the price breaks above this zone with strong bullish momentum, a further rally may occur instead of the expected drop.
2. Support Strength – The lower support around 2,890 is a key level. However, if buyers aggressively step in before reaching it, the price could consolidate or reverse prematurely, invalidating the expected bearish move.
3. Market Context – Fundamental factors like economic data, interest rates, or geopolitical events could impact gold prices, overriding this technical setup.
4. False Breakdown Risk – Price could briefly dip below intermediate support and then reverse sharply, trapping sellers in a bear trap
Us30 strong bullish opportunity 1. Overly Bullish Bias
The analysis assumes a clean breakout above support and a strong push to resistance.
However, Dow Jones is known for fakeouts—meaning:
A false breakout above resistance could trap buyers before reversing.
A liquidity grab below support might happen before the real move.
2. Weak Confirmation for the Uptrend
There's no clear volume confirmation—breakouts need high volume to be valid.
Price is consolidating near key Fibonacci levels, meaning a reversal is just as likely as a breakout.
A better approach would be waiting for a strong retest and breakout confirmation.
3. Ignoring Key Fibonacci Levels
The chart includes multiple Fibonacci levels but does not integrate them into the projection.
The 2.618 (43,535) and 3.618 (43,446) levels suggest possible retracements before an upward move
Instead of an instant push-up, a dip to test Fibonacci support is likely.
4. Resistance Might Hold Strong
The resistance area is broad, meaning:
A rejection at resistance could lead to a short-term bearish pullback.
The market might range between the two levels instead of moving in a straight line.
Alternative Scenario:
Instead of assuming an instant bullish move:
1. Bearish Trap First: A false breakout above resistance to trap buyers, followed by a drop.
2. Deeper Retest: Price could revisit support or a Fibonacci level before a true breakout.
3. Wait for Volume Confirmation: If resistance breaks with strong momentum, then an entry makes sense
USDCHF Will Fall! Sell!
Here is our detailed technical review for USDCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.896.
The above observations make me that the market will inevitably achieve 0.891 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPJPY STRONG BULLISH OPPORTUNITY 1. Range-Bound Market Assumption
The analysis assumes that price is bouncing between a horizontal range (support and resistance).
However, ranges don’t last forever—a breakout or breakdown is inevitable.
Instead of expecting a structured bounce, a fake breakout or a liquidity grab could occur.
2. Support Zone Over-Reliance
The expectation of multiple support bounces is risky because:
The more times price tests support, the weaker it becomes.
A stop hunt scenario could push price below support before reversing.
If buyers don’t step in with strong momentum, a breakdown might be more likely than the predicted bullish move.
3. Resistance Breakout Bias
The projection shows a clean breakout above resistance after consolidation.
However, GBP/JPY is highly volatile, meaning:
A fakeout above resistance could trap buyers before reversing.
A rejection at resistance might cause a sharp drop instead of a rally.
4. Missing Volume & Trend Confirmation
No volume analysis is provided—breakouts need high volume for confirmation.
No higher time frame confirmation (1H, 4H) is shown, making it unclear whether the trend is truly bullish or just ranging.
Alternative View
Instead of assuming a smooth upward breakout, consider:
Bearish Scenario: A false breakout above resistance followed by a strong reversal.
Liquidity Grab: A dip below support before an actual reversal.
Wait for confirmation: If price closes above resistance with volume, a buying opportunity is stronger
ETHUSD surely analysis 1. Support and Resistance Reliability
The analysis assumes a strong support zone at the lower level and a firm resistance at the top.
However, support and resistance levels are not static—they can be invalidated if momentum is strong
If the price revisits support too many times, it could break down instead of bouncing.
2. Repetitive Range-Bound Expectation
The chart predicts multiple rejections at the middle resistance before a breakout.
Markets don’t always behave in such a predictable pattern—sideways action could lead to a sudden breakdown instead of a breakout.
3. Lack of Volume & Trend Confirmation
There's no volume analysis to confirm if support and resistance levels are strong.
A higher time frame (1H or 4H) analysis would help validate if this is just consolidation or a genuine trend reversal.
4. Breakout vs. Fakeout Possibility
The projection assumes a clean breakout above resistance.
However, many breakouts turn into fakeouts, where price moves above resistance, traps buyers, and then reverses sharply.
A liquidity grab above resistance could lead to a drop instead of a rally.
Alternative Perspective
Instead of assuming a clear upward movement, consider two scenarios:
1. Bullish Case: If volume supports the breakout, enter after a successful retest of resistance as support.
2. Bearish Case: If the breakout fails (fakeout), expect a retest and breakdown, leading to a lower support level
Btcusd strong sell 1. Resistance and Selling Zone:
The chart assumes that the marked resistance level will cause a strong rejection and lead to a downward movement. However, resistance levels can break if buying pressure is strong, leading to a breakout instead of a drop.
The selling zone marked might not be as strong as assumed, especially if there is high bullish momentum.
2. Bearish Projection Bias:
The analysis is heavily biased toward a bearish outcome, predicting a strong move down. However, Bitcoin is known for its volatility, and market sentiment can shift quickly.
The projection doesn’t account for potential bullish catalysts such as news, institutional buying, or unexpected support from higher time frames.
3. Support Level Stability:
While the support level is marked, there is no confirmation that it will hold. If too many traders expect it, it could be invalidated by a deeper move down.
It also lacks reference to volume analysis, which is crucial for confirming strong support or resistance.
4. Short Time Frame Limitations:
The chart is based on a 15-minute time frame, which can be misleading due to short-term noise.
A higher time frame analysis (1-hour or 4-hour) should be considered to confirm major trends.
5. Missing Confirmation Factors:
No indicators like RSI, MACD, or volume analysis are included to support the downtrend thesis.
Lack of candlestick pattern confirmation—just touching resistance doesn’t always mean reversal.
Alternative View:
Instead of expecting a direct rejection, a potential breakout scenario should be considered.
A fakeout above resistance could trap early sellers before a real move occurs.
SILVER SHORT FROM RESISTANCE
Hello, Friends!
We are now examining the SILVER pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 29.766 level.
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EUR/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
The BB lower band is nearby so EUR-CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.944.
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USD/CHF SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
Previous week’s red candle means that for us the USD/CHF pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 0.912.
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AUD/USD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
AUD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.614 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the AUD/USD pair.
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USD/CHF Rebounds from Yearly LowUSD/CHF Rebounds from Yearly Low
As shown in the USD/CHF chart, the exchange rate dipped below 0.89250 Swiss francs per US dollar yesterday—the lowest level since December 2024. The Swiss franc, often seen as a safe-haven currency, may gain appeal due to:
→ heightened geopolitical tensions;
→ uncertainty surrounding Trump's plans to impose trade tariffs on 4 March.
Technical Analysis of USD/CHF
Fluctuations in 2025 have formed a downward channel (marked in red), with bearish sentiment prevailing in February as key psychological levels continue to be breached (as indicated by arrows):
→ in mid-February, bears pushed the price down from 0.905;
→ later, 0.900 acted as resistance.
If bearish momentum persists, further resistance may emerge around 0.895 and the median of the downward channel.
The upcoming market direction will likely be influenced by key economic data releases:
→ Swiss GDP (11:00 GMT+3) and US GDP (16:30 GMT+3) tomorrow;
→ US Core PCE Price Index (16:30 GMT+3) on Friday—an important inflation gauge.
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Market Analysis: EUR/GBP RecoversMarket Analysis: EUR/GBP Recovers
EUR/GBP is gaining pace and might extend its upward move above the 0.8300 zone.
Important Takeaways for EUR/GBP Analysis Today
- EUR/GBP started a fresh increase above the 0.8285 resistance zone.
- There is a major bullish trend line forming with support at 0.8300 on the hourly chart at FXOpen.
EUR/GBP Technical Analysis
On the hourly chart of EUR/GBP at FXOpen, the pair started a fresh increase from the 0.8265 zone. The Euro traded above the 0.8285 level to move into a positive zone against the British Pound.
The EUR/GBP chart suggests that the pair settled above the 50-hour simple moving average and 0.8300. Immediate resistance is near 0.8305. The next major resistance for the bulls is near the 0.8320 zone.
A close above the 0.8320 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8365. Any more gains might send the pair toward the 0.8400 level in the coming days.
Immediate support sits near a major bullish trend line at 0.8300 and the 23.6% Fib retracement level of the upward move from the 0.8275 swing low to the 0.8305 high. The next major support is near the 0.8285 zone.
The 61.8% Fib retracement level of the upward move from the 0.8275 swing low to the 0.8305 high is also at 0.8285. A downside break below the 0.8285 support might call for more downsides.
In the stated case, the pair could drop toward the 0.8265 support level. Any more losses might send the pair toward the 0.8240 level in the near term.
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Market Analysis: GBP/USD Gains StrengthMarket Analysis: GBP/USD Gains Strength
GBP/USD is attempting a fresh increase from the 1.2600 zone.
Important Takeaways for GBP/USD Analysis Today
- The British Pound is attempting a decent increase above the 1.2620 zone against the US Dollar.
- There is a connecting bullish trend line forming with support at 1.2625 on the hourly chart of GBP/USD at FXOpen.
GBP/USD Technical Analysis
On the hourly chart of GBP/USD at FXOpen, the pair started a downside correction from the 1.2690 zone. The British Pound traded below the 1.2650 zone against the US Dollar.
A low was formed near 1.2605 and the pair is now attempting a recovery wave. There was a break above the 50% Fib retracement level of the downward move from the 1.2690 swing high to the 1.2605 low.
The pair even spiked above the 76.4% Fib retracement level of the downward move from the 1.2690 swing high to the 1.2605 low and settled above the 50-hour simple moving average.
On the upside, the GBP/USD chart indicates that the pair is facing resistance near 1.2675. The next major resistance is near the 1.2690 level. If the RSI moves above 60 and the pair climbs above 1.2690, there could be another rally. In the stated case, the pair could rise toward the 1.2750 level or even 1.2820.
On the downside, there is a major support forming near 1.2625. There is also a connecting bullish trend line forming with support at 1.2625. If there is a downside break below the 1.2625 support, the pair could accelerate lower.
The next major support is near the 1.2605 zone, below which the pair could test 1.2560. Any more losses could lead the pair toward the 1.2525 support.
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Hellena | GOLD (4H): LONG - resistance area 3000.Dear colleagues, I believe that the price will still continue the upward movement and there are a couple of reasons for that.
First, the price has not completed the five-wave movement.
Secondly, 3000 is a psychological level, which is not far away and I believe that it will be reached.
Therefore, I assume a small correction, but then I expect an upward movement to the resistance area of 3000.
Hellena | Oil (4H): SHORT to the area of 68.926 (Wave C).Colleagues, price has worked the downward movement perfectly, but I believe the downward movement is not over yet.
Wave “C” is a five-wave wave and now the price is in the correction of wave “4”.
I expect the price to reach the downtrend line in the area of 72.00 level, then I expect the price to decline to the area of 68.926.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
EUR/USD Continues to Move Within an Uptrend ChannelHello traders, let’s explore EUR/USD today.
Today, FX:EURUSD continues to move within a clearly defined parallel channel. The pair is currently adjusting its trend and experiencing a slight decline around 1.0500, being limited by the previously marked resistance level.
Recent volatility has been driven by US economic data and Eurozone inflation expectations, making traders cautious. Additionally, the USD has strengthened following hawkish remarks from the Federal Reserve. However, buyers are still defending key technical levels in the EUR/USD pair.
From an objective standpoint, the pair has rejected resistance at the upper trendline twice, signaling a possible short-term retracement.
If EUR/USD retraces, it could retest the lower boundary of the trend channel near 1.0480, a key support zone where buyers previously stepped in. The EMA 34 and 89 remain in an uptrend, reinforcing the bullish structure.
As long as the channel structure holds and buyers continue to step in, the bullish trend remains intact.
What about you? Are you expecting an upside breakout, or do you anticipate a deeper pullback before further gains?
Gold Price Update – Bearish BreakoutGold has broken out of its previous sideway range, falling sharply from the $2,950 zone and reaching a low near $2,878. The breakout from the ascending trendline has intensified selling pressure, confirming a bearish shift in momentum.
Currently, gold is attempting a slight recovery, trading around $2,919, but it remains vulnerable to further downside moves. If the price fails to reclaim the $2,930 - $2,940 zone, the bearish structure will likely persist, pushing the price towards Target 1 at $2,896 and possibly extending to Target 2 near $2,878.
Good luck to you <3
Bearish drop?NZD/JPY is rising towards the pivot and could drop to the 1st support.
Pivot: 86.09
1st Support: 85.23
1st Resistance: 86.65
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.
Potential bullish rise?NZD/CHF is reacting off the pivot and could rise to the 1st resistance level.
Pivot: 0.5093
1st Support: 0.5060
1st Resistance: 0.5135
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.