Get started

SELL

EUR/USD is increasing and expected to tend to be higherAdemha greets everyone, Currently, the EUR/USD exchange rate stands at around 1.089 USD per Euro. The outlook ahead leans towards a potential appreciation of the Euro, driven by several factors: Monetary Policy: Although the U.S. Federal Reserve (Fed) maintains a tightening stance, there is anticipation that pressure to raise interest rates will gradually ease if inflation continues to cool. This could weaken the Dollar, allowing the Euro to recover. Eurozone Economy: If economic stimulus measures in Europe or improvements in the service and industrial sectors prove effective, the strength of the Euro could increase. Forecast: The Euro is likely to rise if economic conditions in the Eurozone improve or if the Fed adopts a more dovish policy by 2025, creating a favorable environment for the exchange rate to reach higher levels in the medium to long term.
by Ademha
EURUSD: Recovery in Sight Following Prolonged DowntrendThe EURUSD pair has shown signs of recovery after an extended downtrend, aligning with Dow Theory’s principles of reversion to the mean. Key market factors, including recent U.S. dollar weakness due to speculations around the Federal Reserve’s future rate decisions, have contributed to this upward movement. On the provided chart, EURUSD is bouncing back towards the 0.5 and 0.618 Fibonacci retracement levels, which correspond to the 1.09341 – 1.09875 range. These levels serve as immediate targets for a potential bullish retracement, indicating a zone where traders might look for resistance. This recovery aligns with technical indicators and could attract buying interest as long as the price sustains its position above the recent lows. Keep an eye on economic updates and Fed statements, as they could further influence this recovery phase.
Long
by Chipucu
2
BNBUSDT todayBNBUSDT is currently trading around $561.56, and it remains within a descending channel, showing clear bearish sentiment. However, a short-term rebound may be on the horizon as the price has reached a key support zone around $550, which could trigger a temporary upward movement. The chart indicates a potential bounce towards the resistance area around $578.63. If this level holds, it would provide a good opportunity for sellers to re-enter, possibly driving the price back down toward the channel's lower boundary.
Long
by Sanhara
1
USDJPY Analysis: Buy to win ? The USDJPY pair is showing a bullish structure, with prices currently around 152.29. The chart indicates a recent rally, but price action now suggests a potential pullback before resuming the uptrend. The immediate support zone lies around the 149.41 - 149.56 area, which could act as a solid base for a bounce. The technical setup indicates that, after a pullback to this support level, USDJPY could rally towards the next significant resistance target at 158.64. The moving averages are also aligned in favor of the bulls, providing additional confirmation of upward momentum in the medium term. Traders might consider waiting for the price to test the support zone before entering long positions, aiming for the 158.64 target. This pullback could present a good buying opportunity, aligning with the overall bullish trend.
Long
by Chipucu
Gold Prices Rise: Investor Hopes After U.S. Election?Hello everyone, Currently, the global gold price is experiencing a slight increase, standing at around 2,736 USD per ounce. In the last week of October and early November, gold prices have seen significant fluctuations due to economic and political factors. Gold prices have rebounded as investors are actively buying. In my opinion, investors are optimistic that the precious metal's price will rise significantly following the U.S. presidential election, taking place on November 5th. Additionally, the precious metal seems to be supported by the ongoing conflict in the Middle East and the expectation that the Federal Reserve (Fed) will further cut interest rates at the upcoming policy meeting on November 7th. The short-term outlook suggests that gold may continue to rise, bolstered by economic and political uncertainties, along with the potential for the Fed to further ease monetary policies.
OANDA:XAUUSD
by Ademha
GBPUSD Faces Key Resistance – Will Sellers Take Control?The GBPUSD pair is currently experiencing resistance as it trades near the 1.2975 level. After a brief recovery, the price is now approaching a critical resistance zone, highlighted in yellow on the chart. This area is where sellers are expected to defend aggressively, with the EMA lines reinforcing the bearish outlook. Technical indicators point to a potential downward move from this resistance level. The projected target, marked in green at around 1.2691, represents the next significant support. If GBPUSD respects the resistance and begins to fall, this level could provide a likely area for price consolidation or a potential bounce. Traders might consider a short position if the price remains below this resistance, aiming for the 1.2691 support area, while keeping a close watch on any signals that might indicate a trend reversal.
by Chipucu
SOLUSDT Faces Bearish Pressure Amid EMA RejectionToday, SOLUSDT is trading near $160.91, with the trend clearly tilted downwards. Price has encountered resistance around the $164.77 - $166.34 zone, where it has repeatedly failed to break above the EMA lines, signaling bearish dominance. The rejection from these EMA levels highlights a lack of buying strength, keeping sellers in control. This trend suggests potential further declines, with the next target support level in the $148 - $149.33 range. Should this level hold, it may spark a short-term recovery. However, as long as SOLUSDT remains under the EMAs, the outlook stays bearish.
Short
by Sanhara
Gold Price Today: Short-Term Sell Opportunity ?Hello everyone, let’s dive into today’s gold price analysis! I’ll be focusing on the 1-hour chart to analyze and strategize. Currently, gold is trading around the $2,733 mark, showing a gradual downward trend. The downtrend is further confirmed as the price moves within a descending wedge, with lower highs and lower lows forming consistently. Additionally, the 34 and 89 EMAs provide strong signals favoring sellers. In my view, a short-term sell strategy seems promising. What do you think? Share your thoughts in the comments below!
OANDA:XAUUSDShort
by Chipucu
6
GBPUSD: Bearish Setup at Key ResistanceAfter a prolonged downtrend, GBPUSD showed signs of recovery but quickly lost momentum due to a lack of buying strength. Currently, the pair is trading around 1.2963, approaching a key resistance zone highlighted on the chart. This area is likely to attract strong selling pressure, as it’s firmly in the sights of bearish traders. A selling strategy here could be favorable. The chart also indicates two target levels for this potential downtrend. In the short term, my preference is to adopt a sell strategy. What about you? How would you trade this setup?
Short
by Mr_Siro
1
ETHUSDT: Bearish Momentum Signals Further DeclineETHUSDT is showing clear bearish momentum on the 4-hour chart, with prices trading around $2,422. The downtrend is supported by the price consistently staying below the 34 and 89 EMAs, indicating strong selling pressure. The purple resistance zone around $2,490 has held firm, preventing any upward movement. As shown in the chart, ETH appears poised for further declines if it continues to respect this resistance level. Potential targets for the downside are near $2,360 and $2,280, aligning with recent lows. Traders might consider shorting opportunities if ETH remains below the resistance, with stop-losses set above the $2,490 level. Keep an eye on market sentiment and technical indicators to confirm the bearish outlook.
Short
by Sanhara
XAUUSD Hits the “Shield” of Resistance: Correction or Rebound?Currently, XAUUSD is facing a strong resistance zone at 2,748 USD/oz, with the 34 EMA acting as a “shield” that deflects buyers' recovery efforts. If the price fails to break through this resistance, it may correct down to the support zone at 2,720 USD/oz, with a potential further dip to 2,705. This area could offer buyers a chance to "get back in the game." The latest news adds fuel to the fire: Expectations that the Fed will maintain high interest rates are strengthening the USD, putting pressure on gold prices. However, pre-election uncertainty in the U.S. is boosting demand for safe-haven assets, which could trigger an unexpected rebound if tensions escalate. Suggested Strategy: Stay calm and observe price reactions as they approach support or resistance levels. This is a moment to exercise patience, waiting for clear opportunities, ready to seize the “wave of opportunity” when the market gives a clearer signal.
OANDA:XAUUSDShort
by Zola_Hello
1
GOLD 1H CHART ROUTE MAP UPDATE: FORECAST BEFORE THE ELECTION.Hi everybody, Identifying Support and Resistance Zones: Based on the chart, the key support zone is found near the 2,730 level, where the price has repeatedly rebounded. The resistance zone is around 2,750 – 2,760, where the price encounters selling pressure. Current Trend: It is evident that the price is in a slight downtrend following an unsuccessful recovery. Recent trading volume has not spiked significantly, indicating caution in the market. Short-Term Forecast: If the price breaks below the 2,730 support level with high volume, the downtrend could continue. Conversely, if the price holds and moves above the resistance level, a recovery rally may occur.
OANDA:XAUUSD
by Ademha
EURUSD: Potential USD Strength On Trump Election MomentumHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.09000 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.09000 support and resistance area. I would also consider the ongoing Elections in the US, if Trump wins as he is bullish the Dollar we should see a significant downsides in the Dollar. Trade safe, Joe.
Short
by JoeChampion
5
US30USD Will Fall! Sell! Take a look at our analysis for US30USD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 42,066.9. The above observations make me that the market will inevitably achieve 41,539.1 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:US30USDShort
by SignalProvider
1
USDJPY Will Go Down From Resistance! Short! Here is our detailed technical review for USDJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 151.684. Considering the today's price action, probabilities will be high to see a movement to 147.149. 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