US30 Will Go Higher From Support! Buy!
Here is our detailed technical review for US30.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant resistance area 44,532.9.
Considering the today's price action, probabilities will be high to see a movement to 45,324.8.
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
USDCHF Will Go Down From Resistance! Short!
Take a look at our analysis for USDCHF.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.898.
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 0.889 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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SPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Previous week’s green candle means that for us the SPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 596.89.
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AUD/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
AUD/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 94.234.
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AUD-USD Bullish Breakout! Buy!
Hello,Traders!
AUD-USD is making a
Bullish move up and the
Pair made a bullish breakout
Of the key horizontal level
Of 0.6310 and the breakout
Is confirmed so we are bullish
Biased and we will be expecting
A further bullish move up
Buy!
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Check out other forecasts below too!
GU Ascends From Triangle - Breakout & Retest Set-UpFX:GBPUSD ended last week with a Bullish Price Breakout of the Ascending Triangle that it fell into after breaking down below Support-Turned-Resistance and finding Support at the October 2023 Lows last month.
Overall indicators suggest we could be experiencing a Valid Breakout of this pattern due to:
1) Strong Breaker Bar with Close outside of Range
2) Based on the Range from High to Low of the Ascending Triangle, Price made a 26% move beyond the break
3) Bullish Volume following Break
4) RSI Above 50
The Confirmation of Valid Break will come if price is able to:
1) Close 3 - 5 Days outside of pattern
2) Price successfully is Supported by Previous Structure Broken
3) Bullish Volume Builds on Retest
When the Breakout is Validated, Buying opportunities could be delivered in the ( 1.2525 - 1.2485 ) Range on the retest with an immediate Target Profit at the December 2024 Resistance laying overhead at the ( 1.28 - 1.29 ) Range
Fundamentally, this month we saw BOE make a 25bps rate cut down to 4.50% with GBP having quite a positive increase in GDP (+.3%) which could be inflationary. USD showed a slight uptick in CPI (+.1% y/y) strengthening the stance on minimal Rate Cutes this year but a big miss in Retail Sales, Unemployment Claims and Non-Farm Employment!
GBP:
Tuesday - Claimont Count Change/ BOE Gov. Bailey Speaks
Wednesday - CPI
Thursday - Consumer Confidence
Friday - Retail Sales/ Flash Manufacturing PMI/ Flash Services PMI
USD:
Monday - Presidents Day (Bank Holiday)
Tuesday - Empire State Manufacturing Index
Wednesday - FOMC Meeting Minutes
Thursday - Unemployment Claims/ Philly Fed Manufacturing Index/ Crude Oil Inventories
Friday - Flash Manufacturing PMI/ Flash Services PMI/ Existing Home Sales
EUR-GBP Local Bullish Bias! Buy!
Hello,Traders!
EUR-GBP is already making
A bullish rebound after the
Retest of the rising support
Line which reinforces our
Local bullish bias and makes
Us expect a local bullish
Move up
Buy!
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GOLD Buyers In Panic! SELL!
My dear followers,
This is my opinion on the GOLD next move:
The asset is approaching an important pivot point 2931.9
Bias - Bearish
Safe Stop Loss - 2939.6
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2917.6
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBPNZD Massive Short! SELL!
My dear friends,
Please, find my technical outlook for GBPNZD below:
The instrument tests an important psychological level 2.2146
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.2020
Recommended Stop Loss - 2.2237
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
QQQ My Opinion! SELL!
My dear friends,
My technical analysis for QQQ is below:
The market is trading on 538.12 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 527.72
Recommended Stop Loss - 544.30
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
SPY: Short Trade Explained
SPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short SPY
Entry Point - 609.70
Stop Loss - 616.72
Take Profit - 594.95
Our Risk - 1%
Start protection of your profits from lower levels
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USOIL Massive Long! BUY!
My dear friends,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 70.49 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 71.21
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
BTCUSD: Bearish Continuation is Highly Probable! Here is Why:
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell BTCUSD.
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GOLD: Bullish Continuation & Long Signal
GOLD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GOLD
Entry - 2882.4
Stop - 2875.1
Take - 2898.4
Our Risk - 1%
Start protection of your profits from lower levels
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USD/CHF: Avoiding a false dichotomyThe US dollar is in a correction of its uptrend (see EUR/USD, GBP/USD, AUD/USD etc)
Do we really face a linear option of fade or no trade?
Actually, it might be a false dichotomy .
Going long EUR/USD and GBP/USD (i.e. selling USD) would mean fading the major trend (as per the weekly charts).
But going short USD/CHF (i.e. also selling USD) would not be a counter trend trade because USD/CHF is in a trading range. Selling below resistance in a trading range is a high probability setup.
We can see the topping process on the daily chart, with 0.90 as the broken neckline.
Here the risk is well defined - if the price pops back over 0.90 - the breakdown trade is no longer on but while below 0.90, 0.88 is a natural target as the last major support area and the 30 week moving average.
But - as always - that’s just how the team and I are seeing things, what do you think?
Share your ideas with us - OR - send us a request!
Drop a comment
cheers!
Jasper
XAUUSD LONG🚀 XAUUSD (GOLD) Technical Analysis - Long Trade Setup
Current price action suggests a bullish reversal forming near the 2,882 support zone. Strong momentum indicators (RSI/MACD) align with a potential uptrend continuation.
Entry Zone: 2,882 - 2,900 (Optimal long entry on retest)
Target: 3,100 🎯 (Key resistance level + Fibonacci extension)
Risk Management: Always use stops below key support (2,850-2,860).
Chart patterns and institutional buying signals support this move. Let’s ride the wave! 🌊
Always trade with discipline and adjust position sizing to your risk tolerance.
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