Trading-forex
Xauusd outlook The chart represents a 4-hour (4h) analysis of the Gold Spot (XAUUSD) trading on the FXOPEN platform using Heikin Ashi candlesticks. The current market prices are 2,636.27 for sell and 2,636.48 for buy. The key elements of the analysis include:
1. Trendline Support: An ascending trendline is drawn, showing a series of higher lows, indicating a bullish trend. The price is currently near this trendline, suggesting potential support.
2. Resistance Levels: There are two horizontal resistance levels marked:
The first resistance level is around 2,660.
The second resistance level is around 2,720.
3. Projected Movement: The chart shows a potential bullish scenario with arrows indicating the price might:
Move up from the trendline support to test the first resistance level at 2,660.
After breaking the first resistance, the price is expected to move towards the second resistance level at 2,720.
4. Bullish Continuation Pattern: The analysis suggests a bullish continuation with a breakout above the current resistance levels, supported by the upward trendline.
This chart reflects a bullish outlook, with the expectation of the price moving upward from the trendline support and testing the resistance levels at 2,660 and 2,720.
EUR/USD Long and NZD/JPY ShortEUR/USD Long
Minimum entry requirements:
• 1H impulse up above area of value.
• If tight 1H continuation follows, 15 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Breakout OpportunityTrading Idea: USD/CAD Breakout Opportunity
USD/CAD has paused its four-day rally, trading near 1.4400 during the Asian session. The Canadian Dollar is supported by rising oil prices, with WTI nearing $73.50 per barrel, while US Dollar strength from the Fed’s hawkish stance limits the downside.
Technical Outlook:
The pair is consolidating within a rectangle pattern. The best trading approach is to wait for a confirmed breakout:
Upside breakout: Indicates continued bullish momentum.
Downside breakout: Signals a potential CAD-driven correction.
Key Levels to Watch:
Resistance: 1.4430–1.4450
Support: 1.4360–1.4380
Risk management is essential—always use stop-loss orders and manage your position size to protect your capital.
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USD/CAD Long and SUGAR/USD ShortUSD/CAD Long
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
SUGAR/USD Short
Minimum entry requirements:
• 1H impulse down.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/USD Short, NZD/USD Short and USD/CAD LongGBP/USD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Long
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
xauusd sell strong fall full safe trade for sell xauusd sell big fall soon if you want daliy trade then fallow my chart my target is 2590 fallow my trade Markets are struggling to find a reason to move too much in either direction ahead of the New Year’s market closures, which will see most global exchanges shuttered during the middle of the trading week xauusd sell now 2610;2616/sl 2620 tp 2600 more tp 2590 and target 2580
GBP/USD Short, EUR/GBP Short and NZD/USD ShortGBP/USD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/GBP Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
NZD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EURCAD BUY| Idea Trading AnalysisEURCAD is moving in an ascending channel.
The chart broke through the dynamic resistance, which now acts as support.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURCAD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
AUD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EURUSD Is Very Bearish! Short!
Take a look at our analysis for EURUSD.
Time Frame: 30m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.042.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.040 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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AUD/JPY Short and GBP/AUD ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/AUD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
EUR/USD Stagnates Near 1.0500: All Eyes on the Federal ReserveThe EUR/USD currency pair is currently consolidating within a narrow range, lingering around the 1.0500 to 1.0490 levels. As investors turn their attention to the upcoming Federal Reserve policy meeting, market sentiment remains cautious yet focused. Today's scheduled announcement regarding the US Federal Funds Rate, along with the subsequent FOMC statement and press conference, could further bolster the US dollar.
Expectations are leaning toward a 25 basis point reduction in interest rates by the Fed. However, it is anticipated that the central bank will accompany this cut with somewhat hawkish commentary regarding future policy guidance. Such remarks could indicate that despite the rate cut, the Fed remains vigilant about economic conditions and inflation pressures.
This meeting represents a crucial moment for market participants, as it could usher in significant volatility, particularly ahead of tomorrow's Unemployment Claims report. As traders assess these economic indicators, they are likely to position themselves accordingly, especially if the data reflects a robust labor market.
Given the current landscape, our outlook for the euro remains bearish as the dollar shows a tendency to strengthen. The pressure on the eurozone continues to mount amid various economic challenges, making it difficult for the euro to gain traction against its US counterpart.
As we navigate this period of uncertainty, traders are advised to keep a close eye on the developments from the Federal Reserve, as well as any shifting dynamics in the broader economic context. The next few sessions could prove pivotal for both currencies, influencing the short-term trading strategies of many market participants. We expect the dollar to maintain its upward trajectory, while the euro may struggle to hold its ground.
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CAD/CHF (Trade Recap) and EUR/AUD ShortEUR/AUD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
CAD/CHF (Trade Recap), AUD/JPY Short, NZD/JPY Short and EUR/JPYAUD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short
Minimum entry requirements:
• If tight 15 min continuation forms, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/JPY Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EURNZD Will Go Lower From Resistance! Sell!
Take a look at our analysis for EURNZD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.818.
The above observations make me that the market will inevitably achieve 1.803 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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GBP/AUD Short, CAD/CHF Long, NZD/JPY Short and EUR/JPY ShortGBP/AUD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
CAD/CHF Long
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
AUDNZD Will Go Lower From Resistance! Sell!
Take a look at our analysis for AUDNZD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.104.
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 1.098 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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