XAUUSD Price Forecast 🔻 Gold has broken down from its uptrend, shifting into a bearish trend. A retracement to a strong resistance level has formed a bearish candle, with the 200 EMA & 50 EMA showing a golden crossover. OANDA:XAUUSD Trade Setup: Entry Zone: 2606-2610 Target Levels: 2593, 2562, and final TP at 2528 Stop Loss: 2620 💬 Support, comment, and...
XAUUSD Price Forecast 🔻 Gold has broken down from its uptrend with a strong bearish candle. Currently retracing to the broken trendline resistance, it’s primed for a potential drop toward target levels. Trade Setup: -Entry: 2740 -Stop Loss: 2750 -Target Levels: 2720, 2702, 2684, 2664 📉 Like, comment & follow for more updates!
EURUSD Price Forecast 🚀 OANDA:EURUSD EURUSD has broken out of its downtrend with a strong bullish candle, forming an inverted head & shoulders pattern that’s confirmed a neckline breakout. Volume is increasing on the buying side, with a 200 EMA & 50 EMA golden crossover signaling a buying opportunity. Trade Setup: Entry: 1.0820 Target 1: 1.0860 Target 2:...
XAUUSD Price Forecast 🔔 Gold remains in an uptrend, with key resistance at 2788. A breakout above this level could confirm targets of 2820. Support holds at 2760, and a breakdown through the moving average may trigger further selling, targeting 2739, 2718, and 2696. The 200 EMA & 50 EMA golden crossover signals a bullish outlook. OANDA:XAUUSD Trade...
GBPUSD Price Forecast 🚀 OANDA:GBPUSD GBPUSD has broken out of the downtrend and formed an inverted head & shoulders pattern. Buying volume is on the rise, and a 200 EMA & 50 EMA golden crossover indicates a strong buying zone. After breaking and retesting resistance, it’s primed for a bullish move. Trade Setup: Entry: 1.3020 Target 1: 1.3060 Target 2:...
XAUUSD Price Forecast: The XAUUSD (Gold) market has entered a selling zone, supported by several technical signals indicating a bearish trend. Technical Outlook: 1. Trendline Breakdown: - The ascending trendline has been broken, signaling a shift from an uptrend to a potential downtrend. 2. Retracement: - A retracement has already occurred on the...
XAUUSD PRICE FORECAST: OANDA:XAUUSD XAUUSD (Gold) strong bearish reversal following the formation of a double top pattern at the peak of the uptrend. Here’s a concise breakdown of my analysis and forecast: Technical Analysis Overview: 1. Trend Observation: - Gold has been in an uptrend. - Recently formed a double top pattern, indicating potential...
Overview OANDA:XAUUSD Gold (XAU/USD) is experiencing significant movements, influenced by technical patterns and broader market conditions. The market recently formed a head and shoulders chart pattern, a common technical indicator suggesting a potential trend reversal. This pattern, coupled with other indicators, points to a bearish outlook in the near...
📉🚀 GBPNZD Market Analysis: Preparing for a Potential Downtrend! 🎯💼 Forex Traders, here’s a critical update on GBPNZD: OANDA:GBPNZD 🔄 Double Top Formation: GBPNZD has formed a double top chart pattern at the top of the current uptrend, indicating a possible reversal. 📉 Neckline Approach : The pair has reached the neckline of this pattern. A definitive...
📈 🚀 BTCUSD Market Forecast: Bullish Reversal Underway! 🎯💼 Crypto Traders, big developments in BTCUSD: BINANCE:BTCUSD 🔄 Inverse Head & Shoulders Pattern: BTCUSD has formed an inverse head and shoulders pattern at the bottom of the downtrend, indicating a potential bullish reversal. 📈 Channel Breakout: The breakout from the downward channel was confirmed...
📈🚀 EURCAD Market Analysis: Bullish Breakout and Targets Set! 🎯💼 Forex Traders, a significant update on EURCAD: OANDA:EURCAD 📈 Bullish Breakout: EURCAD has successfully broken out of a strong resistance level, indicating a bullish continuation in the current uptrend. The pair has also moved past a consolidation range, further confirming the bullish...
📉 🚀 EURNZD Market Update: Bearish Momentum with Technical Targets 🎯💼 Forex Traders, key insights on EURNZD: OANDA:EURNZD 📉 Trend Breakdown: EURNZD has experienced a breakdown from its upward trend, marked by a strong bearish candle. This move indicates a potential shift in market sentiment towards the downside. 🔄 Retracement and Support: After breaking...
📈🚀 GBPCAD Market Update: Preparing for Bullish Breakout! 🎯💼 Forex Traders, exciting news on GBPCAD: OANDA:GBPCAD 🔄 Inverse Head and Shoulders Formation: GBPCAD has developed an inverse head and shoulders pattern at the bottom of its downtrend, signaling a potential bullish reversal. 📈 Current Status: The pair is currently forming the right shoulder. A...
📉🚀 GBPUSD Market Update: Inverse Head and Shoulders Breakout! 📈 Great news for currency traders! GBPUSD has shown a promising development at the bottom of its current downtrend. We've identified a reversal chart pattern known as the inverse head and shoulders. Excitingly, the price has already broken through the neckline of this pattern, setting the stage for...
📉🚨X AUUSD Market Alert: Bearish Flag Breakdown Imminent!🚨📉 OANDA:XAUUSD Traders, get ready! The XAUUSD market is showing significant bearish signals between the falling trend. We've identified a bearish flag and pole chart pattern that has now completed, setting the stage for a potential breakdown. Here's the detailed breakdown: - Pattern Insight: The...
📉🚩 NZDUSD Market Alert: Bearish Flag and Pole Pattern Breakthrough! 🚩📉 OANDA:NZDUSD Traders, we're observing significant developments with the NZDUSD pair. Amid a continuing downtrend, a bearish flag and pole chart pattern has taken shape and successfully broken through the flag pattern, indicating a robust continuation of the bearish trend. Here’s what you...
📈 US30 Market Update: Bullish Breakout and Upward Trajectory! 🚀 CAPITALCOM:US30 Exciting developments in the US30 as we witness a significant breakout from the previous downtrend, moving past key resistance zones and gearing up for further upward movement. Here's a comprehensive analysis of the current market situation and the opportunities it presents: ...
🛢️📉 USOIL Market Update: Cup and Handle Breakdown! 📉🛢️ TVC:USOIL Attention, traders! USOIL has shown a pivotal development at the top of its uptrend with the formation of a cup and handle chart pattern. We've now observed a breakdown of the handle, accompanied by an increase in volume, signaling a strong entry point for the selling side. Key Details: -...