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Technical Analysis

Analyzing USDCHF Using Support and ResistanceUSDCHF (US Dollar vs. Swiss Franc) is currently trading at 0.904, with a target price of 0.890, indicating a bearish outlook. This presents a potential gain of 100+ pips if the target level is achieved. The analysis is based on a support and resistance pattern, suggesting that the current price is below a key resistance level, which acts as a barrier to upward movement. The next support level is identified at the target price of 0.890, where the price is expected to stabilize or reverse. This implies a short-selling opportunity to profit from the anticipated price drop. The strategy assumes the price will continue its downward trend without breaking above the resistance level. Traders should closely monitor the price action near the resistance and support levels for confirmation. Effective risk management is crucial to account for potential price rebounds. The setup is ideal for technical traders focusing on price action and key levels. This plan is aligned with the overall market trend, reinforcing its validity.
Long
by AndrewsMarket-Mastery
TRUMP With Big buying OpportunityThe TRUMPUSDT coin is currently trading at $41, with a target price of $100, indicating a potential gain of over 250%. The coin is forming a Bullish Pennant pattern, which suggests a potential breakout. This pattern is typically seen as a continuation pattern, indicating that the coin's price may continue to rise after the breakout. The Bullish Pennant pattern is characterized by a series of higher lows and lower highs, forming a triangular shape. A breakout above the upper trend line of the pennant could confirm the bullish trend. However, it's essential to exercise caution and consider other technical and fundamental factors before making any investment decisions.
Long
by CryptoWithJames
3
EURUSD → Efforts to shift the global trendFX:EURUSD breaking the boundaries of the prolonged downtrend channel, the pair is currently struggling below the resistance level at 1.0448, aiming for consolidation that could set the stage for a further rally of at least 100 to 200 pips. The global trend remains bearish, and it is still too early to confidently declare a reversal. Prices are facing significant pressure at the critical resistance level of 1.0448. However, signs of a potential breakout are beginning to emerge in this area. If the US dollar continues its corrective movement, EURUSD could have a chance to confirm a shift in the current trend. A decisive breakout above 1.0448, followed by consolidation, could pave the way for the next bullish momentum. Key levels to watch: Resistance levels: 1.0448, 1.0607 Support levels: 1.033, 1.0222 Currently, all eyes are on the critical resistance level of 1.0448. A breakout and stability above this level could provide an attractive entry point for long positions, setting the stage for the next phase of growth. Sincerely, Bentradegold!
Long
by Bentradegold
FIL/USDT on the Verge of a Bullish Breakout $6+ Target FIL/USDT forming a symmetrical triangle pattern, typically a continuation or breakout pattern. Symmetrical Triangle Formation The price is consolidating within a narrowing range, forming higher lows and lower highs, indicative of a symmetrical triangle. This is often seen as a neutral pattern, but given the previous uptrend, it leans bullish. Potential Breakout Zone A breakout is expected once a 4-hour candle closes above the upper trendline. This would signal bullish momentum and provide an entry opportunity for a long position. Key Levels Current price is $5.107. The immediate target after the breakout is set around $6+ based on the pattern's height and prior resistance levels. Confirmation Wait for a confirmed close above the trendline with strong volume before entering the trade. This minimizes the risk of a fake breakout. Risk Management Set stop-losses below the triangle's lower trendline or near recent lows to manage risk effectively. Keep a close watch on the breakout level. If the price closes above the triangle with momentum, a move toward $6+ becomes a likely target.
Long
by wolfchemist
2
Gold prices continue to increase from the level 2675OANDA:XAUUSD continuing the uptrend in local and medium-term timeframes. The price is once again testing strong resistance levels on the H4 chart, with prospects for a breakout toward the 2700–2750 range. The US Dollar remains near weekly lows, touched after weaker-than-expected US PPI data on Tuesday, providing key support for the market, including gold. Attention now shifts to the upcoming CPI report, a critical release that could reshape market expectations for Fed rate cuts this year. A stronger-than-expected CPI could increase pressure on gold, while a weaker report would bolster buying momentum. Additionally, the Fed’s hawkish stance is supported by the premise that Trump, beginning his second term next week, may drive inflation higher with protectionist policies. From a technical perspective, significant volume lies ahead, which could trigger a minor pullback toward support before the uptrend resumes. Key short-term levels to watch: Support: 2678, 2670 Resistance: 2690, 2697 However, in both the short and medium term, everything hinges on the upcoming scheduled news. Stay focused on these critical levels, traders! Best regards, Bentradegold!
OANDA:XAUUSDLong
by Bentradegold
$DXY Dollar on Deck: Will Tariffs Ignite or Undermine the Green TVC:DXY Dollar on Deck: Will Tariffs Ignite or Undermine the Greenback? 🔥💰 Is the U.S. Dollar about to flex its muscles like the Incredible Hulk—or get knocked out by global trade tensions? Let’s find out. 💪⚡ 1/ Is the U.S. Dollar about to “Hulk out” 💪 or trip over its own shoelaces? Let’s break down the latest on the Dollar Index ( TVC:DXY ) after new tariff chatter. 🧵 2/ Markets briefly cheered Trump’s slower tariff rollout, fueling an S&P rally. But lingering threats against China, the EU, & NAFTA partners keep investors on edge—and that spells potential volatility for the dollar. ⚠️ 3/ Near-term catalyst? February 1. Tariffs could jump to 10% on Chinese imports & 25% on Canada/Mexico. Higher import costs might boost the dollar (safe-haven appeal + inflation expectations), but watch for global retaliation. 🌐 4/ Tariffs + inflation = possible dollar strength. When prices rise, the greenback often flexes. But if the global economy slows due to aggressive trade policies, the TVC:DXY could feel the burn. 🔥 5/ Currency manipulation reviews by April 1 add more spice. If the U.S. takes action against “manipulators,” some see it as bullish for the buck. Others fear a global trade skirmish that drags everyone down. 🤔 6/ From a technical angle: • Watch key support/resistance levels. • Safe-haven flows could drive TVC:DXY up. • Swift reversals are possible if markets sense overreach or a global slowdown. 📈📉 7/ Where do you see TVC:DXY heading with these tariff moves? A) Strong rally ahead 🚀 B) Short spike, then slump ⬇️ C) Range-bound and choppy 🤷‍♂️ Tell us in the comments
TVC:DXYLong
by DCAChampion
1
GBP/USD--> Bulls pause, uptrend still intactFX:GBPUSD entered a temporary corrective phase after a two-day rally, pulling back to the 1.2300 region during the early European session on Wednesday. This move comes as the U.S. Dollar regains strength amid heightened demand for safe-haven assets, driven by growing trade war concerns under the Trump administration. On the 4H chart, despite the current dip, the broader structure remains bullish. The pair continues to trade above the EMA 34 and EMA 89, which are acting as dynamic support levels. Additionally, the formation of higher lows underscores the strength of the upward trend. Key Levels to Watch: 0.618 Fib retracement at 1.2288: A potential area for bulls to regroup. 0.5 Fib retracement at 1.22363: The next major support zone if the correction deepens. A sustained hold above these levels could fuel renewed buying momentum, potentially setting the stage for a continuation of the broader uptrend.
Long
by Joegoldwave
Gold update: Bulls remain in control!Hello everyone! Let’s dive into today’s gold price analysis. Currently, spot gold is trading at $2,750 per ounce, marking an impressive increase of $53 from its intraday low of $2,697 during last night’s session. The rise in gold prices is primarily a direct result of a weakening U.S. dollar. Investors, including myself, are flocking to gold as a safe-haven asset amid rising uncertainties. Adding to this momentum is the looming threat of tariffs from President Donald Trump. His hints at imposing new tariffs on Canadian and Mexican goods, possibly as early as February 1, have sparked widespread concerns. In my view, these tariff threats are closely tied to inflation fears. Should Trump’s policies drive inflation higher, the Federal Reserve may be compelled to maintain elevated interest rates to manage price pressures. This scenario would further support gold’s price trajectory, making it a critical asset to watch in the coming trading sessions. On the technical front, as highlighted on the 1-hour chart, gold has successfully broken above the major resistance level of the ascending wedge channel. The price is currently consolidating above this boundary, with support from the EMA 34 and EMA 89, making a buy strategy more attractive than ever. Gold may experience a minor pullback or consolidation from the psychological level of $2,750, possibly testing the key 0.618 Fibonacci retracement level, before resuming its upward trend. However, a decisive break above $2,750 would signal that the metal is primed for its next rally. Happy trading, and may your profits soar!
OANDA:XAUUSDLong
by Joegoldwave
2
Gold---> Change in fundamentals. Strong resistanceDear friends, what are your thoughts on gold? Overall, gold has seen a significant increase yesterday, with a price rise surpassing the 2720 level. It is currently trading at a new high of 2728, showing strong gains for the day. So what reasons and factors have driven this? Regarding the influencing factors: Safe-haven money flows have strengthened following statements about tariff policies from former President Trump, along with expectations that the Federal Reserve (Fed) will continue to cut interest rates. These factors have put pressure on US Treasury yields, creating positive momentum for gold. However, risks from the mild recovery of the USD and optimistic risk sentiment in the market are somewhat restraining stronger upward momentum. Regarding new prospects for gold: On the H4 chart, according to Joe's personal view, gold is currently receiving strong support at 2620. Breaking below this level would lead to price decreases, while maintaining it would result in price increases. Upon careful observation, it's noteworthy that the Relative Strength Index (RSI) is trending downward in the bullish zone, indicating potential momentum changes and the revival of correction possibilities. If a correction occurs, we cannot rule out the possibility that gold will utilize short-term momentum to test the area of interest at the upper boundary within the bullish channel, from which a decline may occur. Best regards, Joegoldwave!
OANDA:XAUUSDShort
by Joegoldwave
GOLD → A very strong uptrend may get its continuationOANDA:XAUUSD is rising due to heightened geopolitical and political risks. A strong bullish trend is forming, where the price is testing the strong resistance level of 2726 and creating a false breakout of this resistance. The upward movement is gaining momentum following threats of tariffs by Trump, which have added to the negative market sentiment regarding risk. Trump has proposed imposing tariffs on Mexico and Canada, as well as the EU and China, if trade agreements are not reached. These threats are supporting the demand for gold as a safe-haven asset. However, the strengthening U.S. dollar and expectations of a Fed rate cut are limiting gold's further upward momentum. Trading in the coming days will depend on the overall market sentiment and Trump's tariff discussions. From a technical perspective, the false breakout of such a strong resistance level could temporarily slow the growth rate and lead to price consolidation or correction. However, there are technical nuances to consider. Currently, it's important to note the 0.618 Fibonacci retracement level (2716) and the 0.5 Fibonacci retracement level (2711). These are significant liquidity zones that could prevent a deeper correction and push gold back into its bullish trend. A retest of the local highs at 2726 - 2732 would signal that the metal is ready for further upward movement.
OANDA:XAUUSDLong
by Joegoldwave
TradeCityPro | ICPUSDT Early Entry Points👋 Welcome to TradeCityPro Channel! Let’s update the analysis of ICPUSDT, one of my favorite altcoins. We'll review the new triggers for potential early entries together. 🌐 Overview Bitcoin Before diving into the analysis, as always, let’s take a look at Bitcoin on the 1-hour timeframe. Bitcoin shows potential for upward movement, as recent candles have pushed its price higher. With increasing volume, it could even set a new ATH. A breakout above the 108454 trigger could present a risky long position with a wide stop-loss. As Bitcoin’s dominance is rising, this indicates that bullish movements may first occur in Bitcoin. It’s better to focus on Bitcoin or coins with a strong performance relative to Bitcoin. 🕵️‍♂️ Previous Analysis In our last analysis, the trigger for a long position was 12.476, but it was never activated. Instead, the price rejected from that level, breaking our lower timeframe trigger. Sellers took control, causing Fibonacci levels to be revisited and the price to move towards the 9.821 support. 📈 Daily Timeframe Currently, after rejecting the 11.333 resistance, the price has entered a triangle pattern and is consolidating. A breakout from this triangle seems imminent. When the price rejected from 11.333, we observed increased volume, which isn’t ideal for bullish momentum as it highlights the strength of sellers. However, the price is now sitting on a critical support level, which is also the 0.618 Fibonacci level and the top of the daily box, now acting as daily support. The daily candle looks promising, sitting on a strong support level. You can consider buying based on this setup, but I prefer to wait for the continuation trendline to break or for the 11.333 trigger to be breached. The 11.333 level is especially significant after the recent rejection. If we see increased volume upon breaking it, I’ll enter a position myself. For exiting this coin, as long as we remain above $7, I’ll continue holding unless negative news arises. Keep in mind that my entry point is 3.582, which I previously mentioned. Exiting below $7 would still be in profit for me. However, I recommend exiting at current levels if your entry was higher. ⏱ 4-Hour Timeframe After rejecting the 12.476 level, the price dropped to 9.466, where it seems to have stabilized, and bearish momentum has subsided. 📉 Short Position Trigger I’ll consider opening a short position if the 9.466 support is broken. Profits from this trade will be used to accumulate more ICP, effectively making my holdings cost-free. 📈 Long Position Trigger For a risky long position, you can enter after the continuation trendline breaks. Personally, I prefer waiting for the price to reach 11.411 and break that level before entering a long position. This ensures that momentum has entered the coin, allowing me to trade with greater confidence and potentially set a tighter stop-loss. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
7
BTC/USD Bullish Setup | Order Flow Breakout Targeting $118,000+📈 Bitcoin (BTC/USD) is showing strong bullish momentum after breaking key resistance levels. After a period of accumulation and sideways movement, BTC has shown clear signs of fresh buying pressure, supported by a clean Order Flow setup . We are targeting a move towards $118,000 as we see continuation in the current bullish trend. Key Levels: ATH Resistance at $109,350$ (All-Time High). Order Flow Confirmation near $105,000 - $106,000. Entry Zone: The green demand zones are marked as strong areas to enter long positions. Price Target: We are aiming for a continuation towards $118,000 , which aligns with both the market structure and order flow. 🔍 Analysis: Multiple Order Flow setups have formed around the $105,000-$106,000 region, confirming that buyers are in control. The price is breaking above key resistance zones, and the current consolidation suggests a strong potential for price continuation. Support Areas: The green zones on the chart represent potential areas where price could dip to before continuing upward. Entry Strategy: Look for price action confirmation in these demand zones, with a focus on bullish candlestick formations and strong volume. 💬 Drop your thoughts and analysis in the comments below! Let's discuss where Bitcoin is headed next! 🔔 Follow for more insights on Bitcoin & Altcoin setups."
CRYPTO:BTCUSDLong
by MasterTrendFx
3
Litecoin on the Verge of a Breakout: Are You Ready for a Rally?Hello, Traders! After reaching a local high last month, Litecoin entered a correction phase but is now showing signs of recovery. A few days ago, LTC came close to retesting its previous local high before undergoing a minor pullback. Currently, it appears that LTC has found strong support in the $95-$100 range, forming a local bottom. I don’t expect the price to dip below this area. On the upside, there’s a clear resistance zone in the $135-$145 range, which has been tested twice but not yet broken. The price action suggests that Litecoin is building momentum for a breakout above this level. If this breakout occurs, it could serve as a catalyst for a parabolic rally. In such a scenario, the next target will likely be the $200 price level, which aligns with the psychological round number. Beyond $200, further upside targets could emerge depending on market conditions, particularly if broader market sentiment remains bullish. Traders should watch for confirmation of the breakout above $145, accompanied by strong volume, as this will increase the likelihood of sustained upward movement Please don’t forget to boost this idea and leave your comments below.
BINANCE:LTCUSD.P
by Real_CryptoRoy
OIL INDIA BUY VIEW OIL INDIA - BUY PROJECTION Trade Setup : Fundamental Analysis Stock PE - 9.22 Industry PE - 20.7 Low Debt Promoter Holding - 53 % DII Holdings - 17 % Regularly Paid Dividend - 2 % Strong Fundamental - Stock Possible to Doubled - (Current - 474 ) (Target - 948 ) for Long term 5 years Holding .. Technical Analysis Monthly - Strong Support & Fib 50 % Day - Wait For Candle Close in Black Line Entry - 507 Rs Target - 740 Rs Stoploss - 408 Rs Happy trading .. Thank You ...
NSE:OILLong
by Dreamtrader00
USDJPY: Correction before dropping to 153.00-152.00Hello everyone, Ben here! USDJPY has yet to resume its upward trend. Rumors about potential actions from the Bank of Japan (BoJ) are beginning to surface. Meanwhile, the US dollar continues to gain strength. The 158.46 level represents a strong resistance zone established by the sellers. Strong expectations for an additional interest rate hike by the BoJ this week are also lending support to the JPY. Overall, this influence appears relatively weak but could still provide significant backing for this currency pair. In theory, any upward movement of this major pair might be limited due to trade policy risks from the soon-to-be-inaugurated US President Donald Trump, which have constrained any significant bullish moves for the safe-haven JPY. The focus this week will be on Trump’s inauguration speech on Monday and the highly anticipated two-day BoJ policy meeting beginning on Thursday. From a technical standpoint, the price is attempting to break out of a major range and test key support levels. A false breakout around the 156.56 level could lead to the price targeting newly formed resistance zones. However, if the price settles below 156.56 or even drops under 155.95, it could trigger strong selling pressure sooner than expected. Best regards, Bentradegold!
Short
by Bentradegold