Get started

Forex

DXY Is Bearish! Short! Please, check our technical outlook for DXY. Time Frame: 7h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 106.448. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 105.539 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. Like and subscribe and comment my ideas if you enjoy them!
CAPITALCOM:DXYShort
by SignalProvider
1
SILVER Is Very Bearish! Sell! Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 32.444. The above observations make me that the market will inevitably achieve 30.847 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. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAGUSDShort
by SignalProvider
1
EURUSD Is Going Down! Short! Take a look at our analysis for EURUSD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.047. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.040 level soon. 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. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
EURGBP Will Fall! Sell! Please, check our technical outlook for EURGBP. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.831. Considering the today's price action, probabilities will be high to see a movement to 0.826. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPUSD Will Go Up! Long! Here is our detailed technical review for GBPUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.244. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.261 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
EUR/USD Bulls Eye 1.0600 – Uptrend Intact Above 1.0460 EUR/USD Analysis – February 17, 2025 Euro Gains 2% in a Winning Week as Dollar Struggles Amid Trade Policy Uncertainty The US dollar remains volatile as markets react to uncertainty surrounding Trump's potential tariff plans. Traders are closely watching for new policy announcements that could introduce reciprocal tariffs, potentially affecting international trade balances. Over the past six weeks, EUR/USD has been fluctuating within a range of 1.02 to 1.05, showing indecisiveness in the broader trend. However, recent price action suggests that the pair is gaining bullish momentum as long as key support levels hold. Technical Outlook EUR/USD remains in an uptrend, with bullish momentum expected to continue as long as the price stays above the 1.0460 - 1.0520 range. A sustained move above this zone would likely drive the pair toward 1.0600, and a breakout above this resistance level could accelerate gains toward 1.0677 and 1.0740. However, if the pair fails to hold above 1.0440 and closes an H4 candle below this level, the bullish momentum could weaken, leading to a potential pullback toward 1.0367. A deeper decline below 1.0367 may expose further downside levels at 1.0288 and 1.0226, but at this stage, buying on dips remains the favored approach in alignment with the prevailing uptrend. Key Levels Pivot Line: 1.0470 - 1.0440 Resistance Levels: 1.0600, 1.0677, 1.0740 Support Levels: 1.0367, 1.0288, 1.0220 Market Sentiment While EUR/USD shows short-term bullish strength, much depends on the upcoming trade policy decisions. If tariffs are imposed, the US dollar could regain strength, potentially limiting the euro’s upside. However, if risk sentiment improves, the euro may continue its upward trajectory.
Long
by SroshMayi
Hellena | EUR/USD (4H): LONG resistance area 1.05281 (Wave 3).Colleagues, price has traveled a long distance and this could mean that price is moving in impulse. This means that the price is in wave “1” and now a correction is expected in wave ‘2’ (50% Fibonacci level 1.03264) and then I expect the upward movement to continue in wave “3” which will reach the resistance area 1.05281. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
2
#GBPUSD 1DAYGBPUSD (1D Timeframe) Analysis Market Structure: The price has broken above the downtrend resistance, indicating a potential shift from bearish to bullish momentum. This breakout suggests that buyers are gaining control, but further confirmation is needed before entering a position. Forecast: A buy opportunity may arise after a retest of the broken resistance level, which could now act as support. Key Levels to Watch: - Entry Zone: Wait for a retest of the breakout level and confirmation of support before considering a buy position. - Risk Management: - Stop Loss: Placed below the retest level or recent swing low to manage risk. - Take Profit: Target higher resistance levels or key areas for potential upside movement. Market Sentiment: The breakout above the downtrend resistance is a sign of potential bullish movement, but patience is needed to ensure the price holds above the retested level before entering a trade.
Long
by PIPSFIGHTER
USD/JPY (Trade Recap -0.5%) and GBP/CAD ShortGBP/CAD Short Minimum entry requirements: • Corrective tap into area of value. • 4H risk entry or 1H risk entry after 2 x 1H rejections. Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If tight non-structured 5 min continuation follows, reduced risk entry on the break of it. • If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it. • If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it. • If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
Short
by StewySongs
XAUUSDHello Traders! 👋 What are your thoughts on GOLD? Gold remains in an uptrend, and there are no clear signs that the bullish wave has ended. We still expect the price to reach at least above $3,000 in the coming period. However, on the daily timeframe, gold has entered the overbought zone, leading to the expected corrective phase. At this point, we anticipate a further price correction to lower levels before a new bullish move begins. Stay patient and look for suitable buying opportunities. Monitor price reactions to support levels to identify an optimal entry point. The overall trend remains bullish, and the current correction may provide a good re-entry opportunity. What’s your outlook on gold? Do you think the $3,000 target is achievable? Don’t forget to like and share your thoughts in the comments! ❤️
OANDA:XAUUSDLong
by HAMED_AZ
29
World gold continues to run out of timeGold prices today in the world February 17: Trade tensions pushed gold prices to record highs Precious metals investors have endured a volatile week, as dismal US economic data and escalating tariff threats pushed gold prices to new record highs. However, at the end of the week, some optimistic news about the US economy and the US-Russia peace negotiations caused gold to take profit and fall sharply. The downward trend has not stopped today, gold is still trading below 2,900 USD/ounce. Unfavorable economic data from the US has also pulled the USD down, possibly creating opportunities for commodities traded in USD. Specifically, retail sales in the US in January decreased by 0.9%, in contrast to the increase of 0.7% (adjusted from 0.4%) in December, according to an announcement from the US Census Bureau on Friday. This decrease is lower than market expectations, only -0.1%. With this situation, although gold prices are currently trending down in the short term, unstable factors from Trump's tax policy or concerns about trade wars can still create momentum to help gold prices go up in the future, especially when the demand for safe assets increases.
OANDA:XAUUSDShort
by FalCol_TradingMaster
GOLD heads towards all-time levels with a more positive outlookOANDA:XAUUSD has recovered as US Treasury yields plummet amid a trade war, existential and dangerous. The increase in gold purchases by central banks has created more room for gold price increases. US real yields, which are inversely correlated with gold prices, fell 8 basis points to 2.072%, which is positive for gold. The 10-year US Treasury yield fell 10 basis points to 4.519%. Bloomberg said gold prices have stabilized near all-time highs after US President Trump ordered back-and-forth tariffs, increasing uncertainty in trade and the global economy. Trump announced on Thursday local time that the United States will impose "reciprocal tariffs" on all countries exporting goods to the United States to restore a fair competitive environment in global trade, but has not yet given a specific implementation timeline. This is a new escalation in the trade war after Trump announced an additional 25% tax on all steel and aluminum imported into the US. The World Gold Council (WGC) revealed that central banks purchased more than 1,000 tons of gold for the third consecutive year in 2024. According to the World Gold Council, the amount of gold purchased by central banks increased by more than 54% year-on-year to 333 tons after Trump won the election. Central banks, including China's increased gold holdings and expansion of exchange-traded funds backed by the metal, have also supported gold's 12% gain so far this year. Today's key financial data and events: Friday, February 14, 2025 ① 17:00 Eurozone revised annual GDP rate in the fourth quarter ② 17:00 Eurozone seasonally adjusted initial employment rate in the fourth quarter ③ 20:30 Canadian monthly wholesale rate for December ④ 20:30 US monthly retail sales rate in January ⑤ 21:30 US monthly import price index ratio for January ⑥ 21:15 US monthly industrial output rate for January ⑦ 22:00 US monthly commercial inventory ratio in December ⑧ 01:00 the next day Total number of oil rigs in the United States as of week ending February 14 Analysis of technical prospects for OANDA:XAUUSD Gold continues to rise for the second day after gaining support from the confluence of the upper channel edge and the 0.236% Fibonacci extension, and with its current position it has the conditions to continue rising with a target of all-time highs in the short term, more likely new era highs targeting around 2,952 USD. The bullish technical structure has not changed, with the short-term trend highlighted by the price channel, while the Relative Strength Index is still pointing up with the green uptrend showing no signs of a possible downside correction. During the day, as long as gold remains within the price channel, it still has a bullish outlook. Pullbacks do not see the RSI go below 80, and below EMA21 should only be considered a short-term correction and a short-term buying opportunity. Along with that, notable levels will be listed as follows. Support: 2,900 – 2,891USD Resistance: 2,927 – 2,942 – 2,952USD SELL XAUUSD PRICE 2951 - 2949⚡️ ↠↠ Stoploss 2955 →Take Profit 1 2943 ↨ →Take Profit 2 2937 BUY XAUUSD PRICE 2892 - 2894⚡️ ↠↠ Stoploss 2888 →Take Profit 1 2900 ↨ →Take Profit 2 2906
OANDA:XAUUSD
by Xayah_trading
1
Bearish drop?The US Dollar Index (DXY) has reacted off the pivot and could drop to the pullback support that lines up with the 100% Fibonacci projection. Pivot: 107.51 1st Support: 105.72 1st Resistance: 109.67 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.
TVC:DXYShort
by ICmarkets
2
Bullish rise?The Cable (GBP?USD) has reacted off the pivot and could potentially rise to the 1st resistance. Pivot: 1.2508 1st Support: 1.2358 1st Resistance: 1.2844 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.
Long
by ICmarkets
1
Falling towards 61.8% Fibonacci support?The Swissie (USD/CHF ) is falling towards the pivot and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 0.8916 1st Support: 0.8752 1st Resistance: 0.9206 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.
Long
by ICmarkets
1