P-signal
EURCAD - Nearing A Massive Resistance!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per our last EURCAD analysis, it rejected our blue support zone and traded higher.
What's next?
📈EURCAD has been overall bullish, trading within the rising channel, however it is currently retesting the upper bound of the channel.
Moreover, the red zone is a strong resistance zone.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the resistance and upper blue trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #EURCAD approaches the red circle, 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.
EURUSD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.0373
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0429
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
EURUSD Will Collapse! SELL!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0473 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0429
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
AUD/USD: Bearish Continuation in PlayThe AUD/USD pair has confirmed a bearish breakout, breaking below its ascending trendline and shifting momentum downward. Previously, the pair moved within an uptrend channel, encountering multiple sideways consolidations before reaching a peak at 0.64035. However, once the price rejected the resistance zone and broke the trendline, selling pressure took over.
Currently, AUD/USD is trading around 0.62149, with a possible short-term retracement toward the 0.6274 - 0.6299 Fibonacci retracement zone before continuing its decline. If sellers defend this resistance, the next major target lies at 0.61156, aligning with the previous low and key support area.
EUR/USD: Bearish Pressure Remains as Key Support HoldsEUR/USD continues to trade within a narrow range after a sharp decline from the 1.051 resistance zone. The bearish momentum remains dominant as the US dollar maintains its strength, but buyers are still defending the key support area around 1.038.
The euro’s weakness is primarily driven by disappointing economic data from the Eurozone. The PMI manufacturing indexes for Germany and France have continued to decline, signaling that industrial activity has yet to recover significantly. Meanwhile, the USD benefits from safe-haven demand amid rising geopolitical tensions and stable US economic data, which allows the Federal Reserve (Fed) to maintain its cautious stance on interest rates.
Looking ahead, Friday’s Non-Farm Payrolls (NFP) report will be a major catalyst for EUR/USD. If the US labor market remains strong, the USD could strengthen further, putting more pressure on the euro. Conversely, if the data signals a significant slowdown, expectations for an earlier Fed rate cut will rise, potentially supporting a EUR/USD rebound.
In the short term, the bearish trend remains intact, with 1.051 acting as a key resistance level that will determine whether EUR/USD can stage a recovery or extend its decline. Traders should closely monitor market reactions to upcoming economic data.
What’s your take—will EUR/USD bounce back or continue its downward move?
GBPCHF Set To Fall! SELL!
My dear followers,
I analysed this chart on GBPCHF and concluded the following:
The market is trading on 1.1403 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.1347
Safe Stop Loss - 1.1433
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EURCAD My Opinion! SELL!
My dear subscribers,
My technical analysis for EURCAD is below:
The price is coiling around a solid key level - 1.5098
Bias - Bearish
Technical Indicators: Pivot Points Lowanticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.4998
My Stop Loss - 1.5155
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
SILVER Expected Growth! BUY!
My dear subscribers,
This is my opinion on the SILVER next move:
The instrument tests an important psychological level 31.150
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 32.002
My Stop Loss - 30.755
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
Gold Market Outlook: A Key Resistance AheadHello passionate traders, what are your thoughts on gold prices?
At the start of the trading session, gold is rebounding to recover from last week's losses. The precious metal has gained over 60 pips and is approaching the key resistance level of $2,873. This zone is crucial as sellers are eyeing this level for potential short positions.
This week, all eyes will be on February’s Non-Farm Payroll (NFP) report, set to be released on Friday morning. Other major events include the flash CPI estimate for the Eurozone and the U.S. ISM Manufacturing PMI on Monday, the ADP Employment Report on Wednesday, the U.S. ISM Services PMI, and the weekly jobless claims data on Thursday.
Despite the sharp drop in gold prices, this is merely a normal retracement and nothing to be overly concerned about. From a technical standpoint, gold was overbought as investors attempted to push it toward the $3,000/oz mark. A bullish momentum is expected to return soon.
Wishing you all a fantastic trading day!
Best regards!
CHFJPY Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for CHFJPY below:
The price is coiling around a solid key level - 167.74
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 166.88
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USOIL Buyers In Panic! SELL!
My dear followers,
This is my opinion on the USOIL next move:
The asset is approaching an important pivot point 69.92
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 69.38
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
GBP/USD Outlook TodayHello everyone! Let's take a look at GBP/USD today.
Since the market opened, GBP/USD has shown a slight recovery, currently hovering around 1.259 with support from bullish factors.
This rebound is driven by the mild weakness of the US dollar. Concerns over the US economic outlook and expectations of further Fed policy easing have prevented the USD from sustaining its previous three-day rebound.
Currently, GBP/USD remains within an ascending price channel, bouncing back after touching the lower boundary. If buyers successfully defend this trendline, it won’t be difficult for GBP/USD to aim for higher targets.
Happy trading!
QQQ On The Rise! BUY!
My dear subscribers,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 508.17 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 520.29
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EUR/USD: Bulls Are Fading – Will the Bears Take Over?As the new trading session begins, EUR/USD continues to follow its previous trend. The pair is moving exactly as anticipated, currently testing the 0.5 - 0.618 Fibonacci retracement levels.
The previous bullish channel has been broken, signaling a potential shift in momentum. Selling pressure remains strong, fueled by the weaker ISM Manufacturing PMI, which has increased USD volatility but hasn’t been enough to change overall market sentiment.
From my perspective, the bears are still in control, and I’m betting on their dominance to persist. What about you? Do you agree with my outlook?
How Will GBP/USD Move at the End of the Trading Session?Hello everyone! Let’s take a look at how GBP/USD might move as we approach the final trading session of the week.
As expected, GBP/USD declined yesterday, extending its losses below 1.2580 in today’s session, with no signs of a bullish correction yet. Uncertainty surrounding tariff policies from U.S. President Donald Trump has weakened the British pound against the U.S. dollar, making GBP/USD look even more bearish.
Technical Outlook: GBP/USD is targeting lower levels, with the trend channel under pressure. The pair has dropped to the EMA 34 and 89 levels, reinforcing the probability of further downside momentum. If buyers continue to lose ground to the bears, 1.2460 will be the next major support level to defend.
TESLA Technical Analysis! BUY!
My dear friends,
TESLA looks like it will make a good move, and here are the details:
The market is trading on 292.31 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 - 353.33
Recommended Stop Loss - 263.13
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