USOIL BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
USOIL pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 69.64 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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SELL
Gold Holds Firm Around $2,900 Amid Trade & Inflation ConcernsHello, fellow traders! Let’s analyze gold’s price action today.
Yesterday, gold returned to the $2,900 zone, and as of now, the metal maintains its trend with little change.
Gold’s resilience around $2,900 per ounce comes amid concerns over U.S. trade policies affecting global partners, persistent inflationary pressures, and a weaker U.S. dollar, all of which are supporting the precious metal’s recovery.
GBP/USD Bullish Reversal PatternFormation
The GBP/USD daily chart shows a bullish reversal structure forming, with an Inverted Head & Shoulders (H&S) pattern emerging. This suggests a potential uptrend continuation if price breaks the neckline resistance.
Key Observations:
📌 Inverted Head & Shoulders Formation:
The Left Shoulder, Head, and Right Shoulder are well-defined, indicating a potential breakout.
Current resistance zone near 1.2620 - 1.2650 is crucial for confirmation.
📌 Breakout Target & Confirmation:
If GBP/USD breaks the neckline at 1.3047, it could trigger a bullish rally towards 1.3200 - 1.3500.
Trading Plan:
🔹 Buy on breakout above 1.2650, targeting 1.3000 - 1.3200.
🔹 Buy on pullback to the right shoulder support zone (1.2460 - 1.2500) for a better risk-reward entry.
🔹 Stop-loss below 1.2400 to manage risk.
USD/JPY Extends Decline – Bearish Momentum StrengthensContinuing its downtrend, USD/JPY is currently trading around 151.86. The ongoing price correction is short-term, as the pair remains capped below the 154.73 resistance zone.
The bearish trend is likely to gain further strength once USD/JPY reaches the 0.5 - 0.618 Fibonacci retracement zone. This area presents a strategic opportunity to consider selling for potential profits.
Happy trading, everyone!
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NZDUSD Will Go Down! Short!
Here is our detailed technical review for NZDUSD.
Time Frame: 5h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.571.
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 0.566 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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GBPAUD Will Move Lower! Sell!
Take a look at our analysis for GBPAUD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.983.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.964 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.
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SILVER BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
The BB upper band is nearby so SILVER is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 30.934.
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AUD/USD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
AUD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.625 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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NZD/USD SHORT FROM RESISTANCE
Hello, Friends!
NZD/USD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.563 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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XAUUSD : Key Levels & Trading Strategy Hello, traders! What’s your outlook on gold prices? Let’s analyze this precious metal together!
Market Overview
Gold experienced significant volatility in the previous session, fluctuating within the 2940 - 286x range on the larger timeframes.
🔹 Key drivers behind the movement:
✅ Market sentiment shifts as Trump introduces new tariff policies, raising fears of a potential trade war.
✅ The crypto market crisis is pushing investors toward safe-haven assets like gold.
✅ Geopolitical tensions in Russia-Ukraine and the Middle East continue to support gold prices.
Technical Analysis
📉 On the H4 timeframe, gold experienced a sharp drop but is now recovering, reacting around the EMA 34 and 89.
📌 If the price breaks below 287x, a short-term downtrend could unfold.
📌 Today’s focus: Monitor price reactions carefully to refine trading plans.
📌 Important Trading Notes:
⚠️ Avoid trading tomorrow due to market uncertainty.
⚠️ Reduce position sizes to protect capital.
📍 Key Levels to Watch:
🔹 BUY zones: 2830 - 2835, 2880 - 2885
🔹 SELL zones: 2905 - 2910, 2920 - 2925
🚀 Wishing everyone a profitable trading day! Don’t forget to set your TP and SL! 🚀💰
EUR/USD Technical Analysis – Bullish Harmonic Pattern in PlayThe EUR/USD 4H chart presents a bullish harmonic pattern, suggesting a potential upside continuation.
Key Observations:
1️⃣ Bullish Harmonic Pattern:
A Gartley/Butterfly pattern is forming, with point D projecting a potential upward move.
The Fibonacci ratios at 0.678 and 0.776 retracements confirm the validity of this setup.
2️⃣ Support Zone (Green Box):
Price is consolidating within this key support zone after a strong bullish impulse.
Holding above this level increases the chances of a breakout to the upside.
3️⃣ Moving Averages Confirmation:
Price is trading above the 50 & 200 EMAs, supporting a bullish bias.
Potential Scenarios:
🔹 Bullish Breakout (Primary Expectation)
If EUR/USD maintains support, expect a move towards 1.0650 - 1.0700.
A breakout from the D point of the harmonic pattern would confirm further gains.
🔹 Bearish Breakdown (Alternative Scenario)
A failure to hold the 1.0450 support zone could trigger a deeper retracement towards 1.0410 - 1.0380.
Trading Strategy:
📌 Buy zone: 1.0450 - 1.0460 (Support Area)
📌 Target Levels: 1.0600 - 1.0700
📌 Stop-loss: Below 1.0410 for risk management.
Will EUR/USD break higher or retest support? Let’s watch for confirmation!
GBP/USD Short-Term Trading StrategyThe GBP/USD 30-minute chart shows price consolidation after a strong bullish rally. Currently, the pair is trading within a sideways range between 1.2538 - 1.2640.
Key Observations:
📌 Range-bound price action:
The pair is moving inside a rectangular range, indicating market indecision.
Trading Plan:
🔹 Sell: Near 1.2630 - 1.2640, target 1.2530, stop-loss above 1.2650.
🔹 Buy: At 1.2530 - 1.2520, target 1.2600 - 1.2640, stop-loss below 1.2510.
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.
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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.
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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!
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!
GOLD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GOLD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2,779.525 area.
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GBP/USD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are now examining the GBP/USD 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 1.244 level.
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EUR/USD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
The BB upper band is nearby so EUR-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.039.
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GBP/NZD SHORT FROM RESISTANCE
Hello, Friends!
GBP/NZD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2.196 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 GBP/NZD pair.
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USD/JPY Bearish Momentum: More Downside Ahead?After forming a new price high, USD/JPY continues its decline, extending its multi-week downtrend and currently trading around 152.70.
For trading, we will focus on short-term charts. The bearish momentum is strengthening, and selling opportunities become more appealing as resistance aligns with the EMA 34 and 89, creating a notable bearish setup.
From my perspective, I anticipate further price declines. What about you? Do you agree with this outlook?
Gold Faces Deep Correction Amid Profit-TakingYesterday, gold underwent a deep price correction, losing its recent highs as investors began to take profits, forming a new peak and breaking out of the rising wedge pattern.
In the short-term outlook, this precious metal is expected to continue its downward correction, especially after testing resistance at the 0.618 Fibonacci level, around $2,905 USD.
📌 Will gold maintain its bearish trend, or will buyers re-emerge soon? Let's keep an eye on these key levels!