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Gold on the Rise – Will It Break New Highs?Hey traders! What’s your view on XAUUSD? Yesterday, gold surged over 400 pips and the rally hasn't slowed down. Price is now hovering around $3,428, right below a key resistance above the all-time high. Why the spike? US CPI came in lower than expected, boosting hopes for a Fed rate cut. The dollar weakened, tensions in the Middle East grew, and central banks are buying gold aggressively. Personally, I expect a breakout. What about you – will gold pull back or continue its climb? Drop your thoughts in the comments!
OANDA:XAUUSDLong
by Edward_TradingFX
3
Gold Takes the Throne as Safe Haven AgainThe recent escalation in the Middle East — particularly Israel’s surprise strike on Iran — has stirred up significant volatility in global financial markets. Oil prices surged, stock markets around the world turned red, just as many had predicted. However, in a surprising twist, capital did not rush into the usual safe havens like the US dollar or Treasury bonds. Instead, it flowed decisively into gold. In fact, US Treasury yields have soared from 3.98% in April to around 4.42% now. This surge doesn’t signal growing confidence — it reflects investor demand for higher returns to compensate for the rising risk of holding dollar-denominated assets. Against this backdrop, gold is emerging as an “unshackled safe haven” — immune to political instability tied to fiat-currency-issuing nations. The precious metal is once again proving its value in times of global uncertainty.
OANDA:XAUUSDLong
by Edward_TradingFX
23
PTON Peloton Potential Buyout Interest from Amazon or NikeIf you haven`t bought the dip on PTON, before the rally: Now Peloton Interactive PTON remains a compelling bullish candidate in 2025, supported not only by strategic buyout interest from major players like Amazon and Nike but also by significant unusual options activity signaling strong investor conviction in a near-term upside move. These factors combined create a powerful catalyst for a potential stock rally. 1. Confirmed Buyout Interest from Amazon and Nike Since 2022, credible reports have indicated that Amazon and Nike are exploring acquisition opportunities for Peloton, recognizing its value as a leading connected fitness platform with over 2 million subscribers. Amazon’s interest fits its broader health and smart home ambitions, while Nike sees Peloton as a strategic extension of its digital fitness ecosystem. Such buyout interest implies a potential premium valuation, which could trigger a sharp upward re-rating of Peloton’s shares if a deal materializes or even if speculation intensifies. 2. Massive Unusual Call Option Activity for July 18, 2025 Expiry A mystery trader recently purchased over 80,000 call options on Peloton with a $7 strike price expiring July 18, 2025, representing a $3.1 million bet on a price rise within the next few months. On May 20, 2025, over 90,000 contracts of the $7 strike call expiring July 18, 2025 traded, equating to roughly 9 million underlying shares—well above Peloton’s average daily volume. This unusually high call volume signals strong bullish sentiment and possible insider or institutional anticipation of a positive event, such as a buyout announcement or operational turnaround. 3. Strategic Fit and Synergies for Acquirers Peloton’s subscription-based connected fitness platform offers Amazon and Nike a valuable recurring revenue stream and engaged user base. Amazon could integrate Peloton’s offerings into its ecosystem of devices, health services, and e-commerce, while Nike could leverage Peloton’s content and hardware to deepen its digital fitness presence. The potential for cross-selling, brand synergy, and data monetization enhances Peloton’s attractiveness as an acquisition target. 4. Attractive Valuation and Growth Potential Peloton’s market cap has contracted significantly, making it an affordable target for large corporations with strategic interests in health and fitness. Recent product launches, cost-cutting measures, and renewed marketing efforts aim to stabilize and grow Peloton’s subscriber base and revenue. The connected fitness market continues to expand, driven by consumer demand for at-home and hybrid workout solutions. 5. Technical and Sentiment Indicators The stock has shown signs of stabilizing after recent volatility, with support forming near $6–$6.50. The surge in call options activity, especially at strikes above current prices, suggests growing investor confidence in a near-term breakout. Historical patterns show Peloton’s stock reacts strongly to buyout rumors and unusual options volume, often resulting in rapid price appreciation. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:PTONLong
by TopgOptions
1
WOOF Petco Health & Wellness Company Potential Bullish ReversalIf you haven`t sold WOOF before this major retracement: WOOF Petco Health and Wellness Company has experienced a notable selloff recently, with its stock price declining to around $2.47 as of mid-June 2025. However, several fundamental and technical factors suggest that WOOF could be poised for a meaningful reversal and upside recovery in the near to medium term. 1. Attractive Valuation and Upside Potential Despite the recent pullback, Petco’s stock is trading at a compelling valuation relative to its long-term growth potential. Price forecasts for 2025 indicate an average target of approximately $3.55, representing a 43.7% upside from current levels. More optimistic scenarios project highs up to $7.05 within this year, suggesting significant room for a rebound if market sentiment improves. Long-term forecasts are even more bullish, with price targets of $14 by 2030 and as high as $77 by 2040, reflecting confidence in Petco’s strong market position and growth prospects. 2. Resilient Business Model in a Growing Pet Care Market Petco operates in the resilient pet care and wellness industry, which benefits from secular trends such as increased pet ownership, premiumization of pet products, and growing consumer spending on pet health. The company’s omni-channel approach—combining e-commerce with physical stores and veterinary services—positions it well to capture multiple revenue streams. Petco’s focus on health and wellness services, including veterinary care and pet insurance, provides higher-margin growth opportunities that can drive profitability improvements. 3. Technical Signs of Stabilization and Potential Reversal After the recent selloff, WOOF’s stock price has found some support near the $2.40–$2.50 level, with increased trading volumes indicating growing investor interest. The stock’s recent modest gains and stabilization suggest that selling pressure may be easing, setting the stage for a potential technical rebound. Options market activity and analyst upgrades reflect improving sentiment. 4. Improving Operational Execution and Financial Health Petco has been investing in expanding its veterinary services and digital capabilities, which are expected to contribute to revenue growth and margin expansion. The company’s recent earnings calls and financial reports highlight progress in cost management and customer engagement initiatives. Strong cash flow generation and manageable debt levels provide flexibility to invest in growth and weather macroeconomic uncertainties. 5. Market Sentiment and Analyst Support While some analysts remain cautious, the overall sentiment is shifting toward a more constructive outlook, with several price target upgrades and “hold” to “buy” rating adjustments. The combination of attractive valuation, improving fundamentals, and sector tailwinds is likely to attract renewed institutional interest.
NASDAQ:WOOFLong
by TopgOptions
1
U Unity Is the Leader Powering the Mobile Gaming Boom in 2025If you haven`t bought the dip on U: Now you need to know that U Unity Software stands as the dominant platform for mobile game development, fueling one of the fastest-growing segments in the global gaming industry. As mobile gaming continues its explosive expansion, Unity’s leadership in providing an accessible, powerful, and cross-platform game engine positions it for substantial growth and sustained market dominance in 2025 and beyond. 1. Unity Powers Over 70% of Mobile Games Worldwide Unity is the engine behind more than 70% of all mobile games, a staggering market share that underscores its ubiquity and developer preference in the mobile gaming space. This dominant position is supported by Unity’s user-friendly interface that appeals to a broad spectrum of developers—from indie studios to AAA game creators—enabling rapid prototyping and high-quality game production. The company’s “build once, deploy anywhere” approach allows developers to launch games seamlessly across iOS, Android, consoles, and emerging platforms like AR/VR, saving time and development costs. 2. Mobile Gaming Market Growth Fuels Unity’s Expansion The global mobile gaming market is projected to grow by $82.4 billion from 2025 to 2029, at a CAGR of 11.3%, driven by rising smartphone penetration, 5G connectivity, and increasing demand for multiplayer and free-to-play games. Unity’s platform is uniquely positioned to capture this growth, as 90% of developers surveyed in 2025 reported launching their games on mobile devices. The Asia-Pacific (APAC) region, accounting for over half of the mobile gaming market, represents a key growth area where Unity’s tools are widely adopted. 3. Cutting-Edge Technology and Innovation in Gaming Development Unity’s continuous innovation, including the release of Unity 6 and Unity Vector, supports developers with advanced rendering, AI-driven content creation, and enhanced networking tools for smoother multiplayer experiences. The platform’s integration of AI enables real-time, player-driven experiences such as dynamic content and adaptive storylines, which are becoming industry standards in 2025. Unity’s cloud-based services and analytics empower developers to optimize monetization strategies, balancing user experience with in-app purchases and rewarded ads, which are booming in hybrid-casual games. 4. Thriving Developer Ecosystem and Support Network Unity boasts a massive and active developer community, with over 8,000 companies worldwide adopting its platform for game development. The Unity Asset Store and extensive tutorials reduce development time and costs, enabling faster time-to-market and innovation cycles. This ecosystem fosters collaboration and accelerates problem-solving, making Unity the preferred choice for both startups and established studios. 5. Strong Financial Performance and Market Position In Q1 2025, Unity reported revenue of $435 million with an adjusted EBITDA margin of 19%, reflecting operational discipline and strong demand for its platform. Despite a GAAP net loss, Unity’s positive adjusted earnings per share ($0.24) and growing free cash flow demonstrate improving profitability metrics. Unity’s leadership in mobile game development and expanding footprint in AR, VR, and metaverse projects provide multiple avenues for future revenue growth. 6. Cross-Platform and Metaverse Growth Opportunities Unity’s “build once, deploy anywhere” philosophy extends beyond gaming into virtual concerts, interactive worlds, and digital marketplaces, positioning the company at the forefront of the metaverse evolution. Enhanced networking and cloud gaming capabilities enable high-quality experiences across devices, including mobile phones and AR glasses, broadening Unity’s addressable market.
NYSE:ULong
by TopgOptions
SNAP Upside PotentialIf you haven`t bought SNAP before the previous earnings: SNAP Key Fundamental Strengths in Q1 2025: Metric Q1 2025 Result Year-over-Year Change Revenue $1.36 billion +14% Daily Active Users (DAU) 460 million +9% Monthly Active Users (MAU) 900 million+ Net Loss $140 million -54% (improved) Adjusted EBITDA $108 million +137% Operating Cash Flow $152 million +72% Free Cash Flow $114 million +202% SNAP strong fundamental performance in Q1 2025, marked by accelerating revenue growth, expanding user engagement, sharply improving profitability, and robust cash flow generation, sets a solid foundation for a potential stock rally this year. The company’s innovation in AR, diversified revenue streams, and healthy balance sheet further support a bullish outlook. Investors focusing on fundamentals can view Snap as a growth stock with improving financial health and significant upside potential in 2025. My price target is $14. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:SNAPLong
by TopgOptions
Bullish Thesis: Why Oscar Health OSCR Could Rally Strong in 2025Oscar Health, OSCR, a technology-driven health insurance company, is positioned for a significant stock price appreciation in 2025. Despite some mixed short-term sentiment, the long-term outlook and recent analyst forecasts suggest a potential rally that could more than double the current share price. Here’s why OSCR could be a compelling bullish opportunity this year: 1. Strong Analyst Price Targets Indicate Upside of Over 125% According to recent forecasts, OSCR is expected to reach an average price of $31.40 in 2025, with some analysts projecting highs as much as $41.31—a potential upside exceeding 125% from the current price near $13.95. Monthly forecasts show a steady upward trajectory, with July 2025 targets around $37.24 and December 2025 targets near $34.67, highlighting sustained bullish momentum throughout the year. The average 12-month price target is around $34.40, representing a 146% upside, signaling strong confidence in OSCR’s growth prospects. 2. Innovative Business Model and Growth Potential Oscar Health leverages technology and data analytics to offer user-friendly, transparent health insurance plans, differentiating itself in a traditionally complex industry. Its focus on member engagement, telemedicine, and cost-effective care management positions it well to capture market share as healthcare consumers increasingly demand digital-first solutions. The company’s expanding footprint in both individual and Medicare Advantage markets provides multiple growth avenues. 3. Long-Term Vision and Market Opportunity Beyond 2025, forecasts remain highly bullish, with OSCR projected to reach $53.77 by 2027 and nearly $100 by 2030, reflecting strong secular growth potential in the health insurance and digital health sectors. Analysts see Oscar as a disruptive force with the potential to reshape healthcare delivery, driving substantial long-term shareholder value. 4. Improving Financial Metrics and Operational Execution Oscar has been improving its loss ratios and operating efficiencies, which are critical for sustainable profitability. The company’s investments in technology infrastructure and data-driven care management are expected to translate into better margins and revenue growth over time. 5. Market Sentiment and Analyst Ratings While some platforms show mixed short-term sentiment, the dominant analyst consensus is a "Buy" or "Moderate Buy," supported by strong price targets and growth forecasts. The stock’s current undervaluation relative to its growth potential creates a favorable risk-reward profile for investors.
NYSE:OSCRLong
by TopgOptions
AAOI Applied Optoelectronics potential rally by EOYApplied Optoelectronics AAOI is well-positioned for a strong rally toward $24 per share by the end of 2025, supported by multiple operational and strategic catalysts. A key recent development—the warrant agreement with Amazon—adds a powerful endorsement and financial backing that enhances the bullish case. 1. Amazon’s Strategic Warrant Agreement: A Major Vote of Confidence On March 13, 2025, AAOI issued a warrant to Amazon.com NV Investment Holdings LLC, granting Amazon the right to purchase up to approximately 7.95 million shares at an exercise price of $23.70 per share. About 1.3 million shares vested immediately, with the remainder vesting based on Amazon’s discretionary purchases, potentially up to $4 billion in total purchases over time. This agreement signals Amazon’s strong confidence in AAOI’s technology and its critical role as a supplier of high-speed optical transceivers for Amazon Web Services and AI data center infrastructure. The warrant price near $24 effectively sets a floor and a valuation benchmark, supporting the thesis that AAOI’s stock could reach or exceed this level by year-end. 2. Major Data Center Wins and Hyperscale Customer Re-Engagement AAOI recently resumed shipments to a major hyperscale customer, with volume shipments of high-speed data center transceivers expected to ramp significantly in the second half of 2025. This re-engagement with a key customer aligns with the surging demand for AI-driven data center infrastructure, providing a strong revenue growth catalyst. 3. Robust Revenue Growth and Margin Expansion Q1 2025 revenue doubled year-over-year to nearly $100 million, with gross margins expanding to over 30%, reflecting operational efficiencies and favorable product mix. The company expects to sustain strong quarterly revenue ($100–$110 million) and ramp production capacity to over 100,000 units of 800G transceivers per month by year-end, with 40% manufactured in the U.S. 4. Manufacturing Expansion and Supply Chain Resilience AAOI is scaling manufacturing in the U.S. and Taiwan, enhancing supply chain robustness and positioning itself to benefit from potential government incentives for domestic production. Its automated, largely in-house manufacturing capabilities provide a competitive edge in meeting hyperscale and AI data center demand. In conclusion: Amazon’s warrant agreement at a $23.70 strike price not only provides a direct valuation anchor near $24 but also serves as a powerful strategic endorsement of AAOI’s technology and growth prospects. Combined with robust revenue growth, expanding manufacturing capacity, and key customer re-engagement, AAOI has a compelling case to reach or exceed $24 per share by the end of 2025.
NASDAQ:AAOILong
by TopgOptions
Why Recursion Pharmaceuticals RXRX Could Be the NVDA of BiotechRecursion Pharmaceuticals RXRX is rapidly emerging as a transformative force in drug discovery, leveraging cutting-edge artificial intelligence and automation to industrialize and accelerate the development of new medicines. Here’s why RXRX could be the next NVIDIA (NVDA) of biotechnology and why its stock could soar by year-end: 1. AI-Powered Drug Discovery Platform with Unmatched Scale Recursion integrates AI, machine learning, automation, and advanced data science to decode biology and chemistry, dramatically reducing the time and cost of drug discovery. The company’s proprietary BioHive-2 supercomputer, built with NVIDIA’s DGX H100 systems, is the most powerful AI computing system wholly owned by any biopharma company, enabling Recursion to process biological data at unprecedented speeds. By reducing the number of compounds needed for clinical candidates from thousands to just 136–200 and shrinking development timelines to under a year, RXRX is fundamentally changing the economics of pharmaceutical R&D. 2. Strategic Partnerships and Industry Validation RXRX has forged high-profile partnerships with pharmaceutical giants such as Bayer, Roche/Genentech, Takeda, and Sanofi, validating its platform and unlocking milestone payments that could exceed $20 billion over time. The company’s collaboration with AI biotech Exscientia in a $700 million deal further cements its leadership in the AI-driven drug discovery space, creating a pipeline of 10 clinical and preclinical programs with hundreds of millions in potential milestones. NVIDIA itself holds over 7.7 million shares of RXRX, making it one of NVIDIA’s largest biotech investments and a strong endorsement of Recursion’s technology and long-term vision. 3. Explosive Revenue Growth and Strong Cash Position Analysts forecast Recursion’s revenue to grow at a 65% CAGR from $58.8 million in 2024 to $263 million by 2027, far outpacing the broader biotech sector. The company ended 2024 with over $600 million in cash, providing a solid runway for continued investment in R&D, platform expansion, and clinical trials. Wall Street analysts expect more than 50% upside in RXRX stock over the next 12–24 months, with multiple clinical milestones and partnership announcements as near-term catalysts. 4. Disruptive Vision: The “Virtual Cell” and Beyond RXRX is building toward a “virtual cell,” where AI models can simulate biological processes with such accuracy that wet lab experiments shift from data generation to validating computational predictions. This approach could dramatically improve drug development success rates, addressing the industry’s notorious 95% failure rate and positioning Recursion as the go-to platform for next-generation drug discovery. 5. Market Sentiment and Institutional Support RXRX has caught the attention of growth investors and major funds, including Cathie Wood’s ARK Invest, further boosting its profile and liquidity. Recent stock surges and high trading volumes reflect growing investor confidence in Recursion’s disruptive potential and the broader AI-in-biotech trend.
NASDAQ:RXRXLong
by TopgOptions
11
Bullish Thesis for INTC Intel Stock in 2025If you haven`t bought INTC before the previous earnings: Now Intel INTC is positioned for a potential turnaround and upside by the end of 2025, driven by strategic leadership changes, foundry business expansion, AI innovation, and favorable geopolitical dynamics. Here’s why INTC could head higher this year: 1. Leadership Transformation and Strategic Vision The appointment of Lip-Bu Tan as CEO in March 2025 has injected new optimism into Intel’s prospects. Tan is a respected semiconductor industry veteran, and his arrival was met with a 10% jump in INTC’s share price, reflecting renewed investor confidence in the company’s direction. 2. Foundry Business Expansion and Government Support Intel’s pivot toward a foundry-centric model is gaining momentum. The company is leveraging its U.S.-based manufacturing footprint to attract domestic and international clients, especially as geopolitical tensions and trade restrictions make U.S. chip production more attractive. There is speculation about strategic partnerships, such as TSMC potentially acquiring a stake in Intel’s foundry operations, which could accelerate technology transfers and client wins. The U.S. government is likely to continue supporting domestic semiconductor manufacturing through incentives and tariffs, directly benefiting Intel’s foundry ambitions. 3. AI and Next-Gen Product Launches Intel is aggressively targeting the AI and data center markets. The upcoming Jaguar Shores and Panther Lake CPUs, built on the advanced 18A process node, are set for release in the second half of 2025. These chips will be available not only for Intel’s own products but also for external clients like Amazon and Microsoft, expanding the addressable market. Intel’s renewed focus on AI accelerators and competitive cost structures could help it regain share in high-growth segments. 4. Financial Resilience and Market Position Despite recent setbacks, Intel remains a dominant player in the PC CPU market and continues to generate substantial revenue, outpacing some key competitors in the latest quarter. Analysts have revised their short-term price targets upward, with some projecting INTC could reach as high as $62—a potential upside of over 170% from current levels. Forecasts for 2025 suggest an average price target in the $40–$45 range, with bullish scenarios pointing even higher if execution on foundry and AI strategies meets expectations. 5. Technical and Sentiment Factors While technical analysis currently signals caution, the $18.50–$20 zone has provided strong support, and any positive news on foundry contracts or AI wins could catalyze a breakout from current consolidation patterns. Market sentiment has shifted more positively following the CEO change and strategic announcements, suggesting the potential for a sustained rebound if Intel delivers on its promises. In conclusion: Intel’s combination of visionary leadership, foundry expansion, AI innovation, and favorable geopolitical trends sets the stage for a potential stock price recovery by the end of 2025. With analyst targets and investor sentiment turning more bullish, INTC presents a compelling case for upside as it executes its turnaround strategy Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:INTCLong
by TopgOptions
US500 Will Fall! Short! Here is our detailed technical review for US500. Time Frame: 10h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 5,979.56. 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 5,838.14 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TRADENATION:US500Short
by SignalProvider
1
AUDJPY Will Go Lower From Resistance! Sell! Take a look at our analysis for AUDJPY. Time Frame: 30m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 93.507. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 93.232 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
3
AUDCHF Will Go Down! Short! Take a look at our analysis for AUDCHF. Time Frame: 15m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.526. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.524 level soon. 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
CHF/JPY SHORT FROM RESISTANCE Hello, Friends! CHF/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 176.694 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
2
NZD/JPY BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! NZD/JPY 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 84.431 area. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
NZDUSD Is Very Bearish! Short! Take a look at our analysis for NZDUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.601. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.588 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPUSD Is Going Down! Sell! Please, check our technical outlook for GBPUSD. Time Frame: 7h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.354. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.345 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBP/AUD BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! We are now examining the GBP/AUD 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 2.078 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
AUDCAD SHORT FORECAST Q2 W24 D13 Y25AUDCAD SHORT FORECAST Q2 W24 D13 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation breaks of structure. 💡Here are some trade confluences📝 ✅Weekly 50 EMA ✅Weekly order block rejection ✅Daily order block rejection ✅15’ order block identification 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT