Forex_Trading_Team

Forex_Trading_Team

This image is a technical analysis chart for Gold (CFDs on Gold, USD/OZ) on a 2-hour timeframe, published on TradingView. Here’s the breakdown of what it shows: Current Price: $3,306.035, which is up +76.740 points or +2.38%. Chart Pattern: The price has been in an uptrend after rebounding from a lower support zone marked around early April. Support and...

Forex_Trading_Team

This chart shows the EUR/USD currency pair on a 1-hour timeframe. The price is currently around 1.13631, and the chart highlights a trading range with clear resistance near 1.14500 and support near 1.12600. The green lines suggest a forecasted price action: the price might attempt to break higher but is expected to reverse and target the 1.12600 zone, which is...

Forex_Trading_Team Updated 

This chart shows the price action of Gold (CFDs on Gold, US$/OZ) on the 1-hour timeframe. It highlights a recent bullish channel marked by two parallel pink trend lines, showing a clear uptrend since April 6. Currently, the price is around 3,211.450, with two possible scenarios indicated: 1. Bullish scenario: If the price maintains above the current...

Forex_Trading_Team

This chart shows the USD/JPY (U.S. Dollar vs. Japanese Yen) on the 1-hour timeframe. It highlights a clear downtrend, with each lower high and lower low marked by sharp bearish moves (blue trend lines). Currently, the price is around 143.129 and the chart suggests: A short (sell) setup is being considered. The Stop Loss (SL) is set at 144.494 — protecting...

Forex_Trading_Team

This chart shows a technical analysis of Bitcoin (BTC/USD) on the 1-hour timeframe from Bitstamp, shared by Forex_Trading_Team. Here's a breakdown: Current Price: $84,869. Target: $87,000 — marked as “Target 1,” suggesting a short-term bullish outlook. Stop-Loss (SL): $80,000 — placed to manage downside risk. Price Path Prediction: A wavy red line suggests...

Forex_Trading_Team

This chart shows a Bitcoin (BTC/USD) price analysis on a 1-hour timeframe from TradingView. The user or analyst appears to have drawn out a projected bearish scenario. Here’s a breakdown of what’s illustrated: Price Context: The current price is around $85,020, with a recent climb of +1.96%. Historical Action: You can see a sharp drop around April 7th (marked...

Forex_Trading_Team

The chart you shared is a 1-hour Bitcoin (BTC/USD) chart from TradingView, showing a potential trading setup. Here's a breakdown of what's depicted: Current Price: Around $83,832, with a recent increase of 5.39%. Highlighted Level: A key horizontal support/resistance zone is marked at around $81,771, labeled as Target 1. Price Action Projection: The red...

Forex_Trading_Team Updated 

This chart shows the 1-hour price action of Bitcoin (BTC/USD) on the Bitstamp exchange. Here are the key observations and interpretations: 1. Current Price: Around $81,607, up 2.59% recently. 2. Resistance Zone: The horizontal purple line near $84,000 is marked as a strong resistance level. The red arrow indicates a possible bullish breakout after...

Forex_Trading_Team

The chart you've shared is a 1-hour candlestick chart of the EUR/USD pair. Here's a breakdown of the technical analysis shown: 1. Ascending Triangle Breakout: There's a clear ascending triangle pattern formed in early April. A breakout to the upside occurred after several touches of the resistance line, indicating bullish strength. 2. Retest of Breakout...

Forex_Trading_Team

This chart is a 1-hour timeframe for Gold CFDs (US$/OZ), showing recent price action and some technical analysis: 1. Current Price: Around 3,219.587, up by 1.39%. 2. Price Zones: Several red rectangles highlight key support and resistance zones: Resistance near 3,220–3,300 Support around 3,110 and again near 3,000 3. Price Projection (Red Arrows): The red...

Forex_Trading_Team Updated 

This is a Bitcoin (BTC/USD) 1-hour chart from TradingView, annotated with technical patterns and predictions. Here's a breakdown of what it shows: 1. Price Zones & Key Levels: Resistance levels: Around 79,515 and 82,533–82,570. Support levels: Around 76,737, 74,429, and 71,060. 2. Price Action: Initially, Bitcoin traded within a horizontal channel (boxed in...

Forex_Trading_Team Updated 

The chart you provided shows the EUR/USD currency pair on a 1-hour timeframe, with a technical analysis overlay. Here are the key observations: 1. Chart Patterns: A descending triangle was forming before a bullish breakout occurred. The breakout was followed by a sharp upward move, indicating a strong bullish momentum. The current price is around...

Forex_Trading_Team Updated 

This chart is a 1-hour candlestick chart of Gold (CFDs on Gold in USD/OZ), published on April 8, 2025. Here's a breakdown of what it shows: 1. Current Price: Gold is trading at $3,007.996, up +27.200 (+0.91%). 2. Support/Resistance Zones: Green Zone (~$3,070 - $3,085): Likely a former support turned resistance area. Red Zone (~$3,140 - $3,165): A higher...

Forex_Trading_Team

This chart shows the EUR/USD (Euro/US Dollar) currency pair on a 1-hour timeframe from TradingView. Here's a breakdown of what the chart is depicting: 1. Descending Channel (Blue Lines): The price was moving within a downward-sloping channel, indicating a bearish trend over several days. 2. Breakout (Black Arrow): The price appears to have broken above the...

Forex_Trading_Team

The chart you've shared is a 1-hour Bitcoin (BTC/USD) price chart from TradingView, and it includes technical analysis with key levels and projected price movement. Here's a breakdown of what it shows: Key Levels (Horizontal Orange Lines): Resistance Levels: $88,605 $85,600 $82,570 Current Price Area: Around $78,881 Nearby resistance at $79,515 Support...

Forex_Trading_Team

This chart shows the EUR/USD currency pair on the 1-hour timeframe. Here's a quick breakdown of the technical analysis: Highlighted Uptrend (Red Channel): A strong bullish move occurred around April 3rd, pushing the price up to around 1.0986. Downtrend Line (Black Arrow): Since peaking, the pair has been making lower highs and lower lows, indicating a...

Forex_Trading_Team

This chart shows the price action of Gold (in USD per ounce) on a 1-hour timeframe, and it's currently in a downtrend. Here's a quick breakdown: Current Price: $2,973.145, showing a sharp drop of -2.09%. Key Resistance Zones: Highlighted in red, around the $3,080 and $3,160 levels. Support Level: Marked with an orange line at approximately...

Forex_Trading_Team Updated 

The chart you provided is a 1-hour Bitcoin (BTC/USD) price chart from TradingView, showing recent price action along with key support and resistance levels. Key Observations: Current Price: Around $75,330, showing a sharp decline (-3.84%). Support & Resistance Levels: Support: $73,676 (recent local low). Resistance: $76,737 (near-term), then $79,515, $82,570,...