Latest EURUSD Update TodayHello everyone, what do you think about EURUSD?
Today, EURUSD is showing signs of a short-term reversal after failing to break above the descending trendline. The pair has breached below the 34 and 89 EMA lines, signaling the potential for further correction.
With the U.S. dollar showing recovery andThe Euro is weakening due to political instability in France, particularly after Prime Minister Sébastien Lecornu resigned just weeks after taking office, causing concerns in the market about political stability within the Eurozone, EURUSD is facing temporary pressure. If the 1.1660 support level is broken, the next target would be around 1.1580.
However, I believe this is just a healthy pullback, and in the long run, I remain optimistic about the overall trend. What do you think about the EURUSD trend?
Alyanalysis
Gold Market: Waiting for the Necessary CorrectionHey everyone, Kilian here!
Right now, XAUUSD is at a crucial point. After a strong surge, the price of gold broke through the upper boundary of its channel, but it’s now pulling back. This correction could signal that the buying momentum is starting to fade, hinting at a potential shift in market direction.
If selling pressure increases, it’s likely that the price will test the middle, or even the lower boundary of the channel. This could indicate a deeper correction as the market consolidates before deciding its next move.
For now, we need to closely monitor the price action. If buyers can regain control and push the price back above the previous breakout level, it would be a strong confirmation that the uptrend is still intact. However, if the price continues to slide, we could be witnessing a short-term bearish phase.
I hope your trades are going well. Stay tuned and follow me for more updates and in-depth analysis!
Gold Setup: Overbought Conditions Indicate Potential PullbackHey everyone, it's Kilian!
Right now, gold is entering a really interesting phase. The price is approaching the 4100 level, a key psychological threshold, and it could potentially become a dynamic resistance formed by the upper boundary of the ascending channel. This is a crucial area where selling pressure might increase, leading to the possibility of a short-term pullback or profit-taking.
Based on the current market structure, if the price confirms rejection at this resistance level, there's a high likelihood of a price drop. The nearest target for this decline could be around the 4000 level, near the lower boundary of the channel. However, if the price breaks through this support level, the bullish structure will be invalidated, and we may witness a continuation of the downtrend.
This setup reflects the potential for a pullback after a strong upward move, as indicated by the current market structure. If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
GBPUSD: Consolidation and Bullish Potential👋Hello everyone, it's great to be back with you for today's discussion on FX:GBPUSD .
At the time of writing, the pair is trading around 1.341, showing little movement, mainly supported by a weaker USD against the GBP due to concerns over a prolonged US government shutdown.
From a technical perspective, GBPUSD is still consolidating within a certain range, with the most recent formation being a wedge pattern. The pair is currently testing the lower boundary of this wedge, which aligns with a key support level, creating a confluence zone that could serve as a springboard for a potential upward move. The next target would be the upper boundary of the wedge.
And you, what are your thoughts on the trend of GBPUSD? 💬Feel free to leave your comments below!
XAUUSD Continues on Its Path to Conquer Record-High Levels👋Hello everyone, what are your thoughts on the trend of OANDA:XAUUSD ?
Today, I'll provide a long-term perspective. XAUUSD has recently surged, driven by global instability, particularly the Fed's rate cuts. The risk of a U.S. government shutdown has also led investors to turn to gold as a safe haven, contributing to the significant price increase.
From a technical standpoint, gold is showing a strong bullish structure over the long term, with a clear breakout above key resistance levels. After consolidating around the Fibonacci 0.5 retracement support zone, the price has rebounded and is now heading towards the Fibonacci extension zone. This area is considered the first major take-profit target, also coinciding with the psychological level at $4,000 ( a common target for 2025 ).
With both market structure and fundamental analysis supporting the bullish outlook, I remain optimistic about both the short and long-term prospects for XAUUSD. What do you think about the XAUUSD trend? Feel free to leave your thoughts in the comments!
XAUUSD - Target $4,000 in Sight ⭐️Hello everyone, what do you think about the trend of OANDA:XAUUSD ?
XAUUSD has continued its strong upward momentum since the start of the week, breaking past the $3,950 level and approaching the psychological barrier of $4,000. Demand for gold has surged amid concerns about a potential U.S. government shutdown and expectations that the Fed will lower interest rates in the coming months.
Technically, gold is holding steady above key support levels of $3,900 and $3,950. If it continues to break through the resistance at $3,977, the next target will be the $4,000 level. However, the RSI is currently in the overbought zone, suggesting that a slight pullback may occur before the uptrend continues.
Personally, the economic and political situation continues to support the bullish trend for gold, and if these factors remain favorable, gold could easily break the $4,000 mark in the near future, potentially going even higher.
👋What do you think about gold? Will it keep rising or will there be a correction? Leave your thoughts in the comments!
Gold Continues to Challenge Record Resistance Levels👋Hello everyone, what are your thoughts on OANDA:XAUUSD ?
As of this writing, gold continues its upward momentum, having reached new highs as investors increase their bets on the Federal Reserve cutting interest rates in the near future. The concerns over the U.S. government shutdown and global economic instability have further strengthened gold’s position as a safe haven asset.
At the same time, the U.S. Dollar is under pressure due to expectations of monetary easing, which is paving the way for further gains in gold.
Technically, gold is currently consolidating in a range, repeating patterns seen in the past. The current support level is around $3,815, while the immediate resistance is near the $3,900 mark. If the price breaks this resistance, the next target could be higher record levels.
Overall, the short to medium-term outlook still favors the bulls. Do you agree? Feel free to share your thoughts in the comments!
AUDUSD - Steady Uptrend with Strong Support ? 👋Hello everyone, what do you think about the trend of OANDA:AUDUSD ?
AUDUSD has maintained a steady uptrend over the past few months, primarily consolidating in a defined price channel, with the price holding above key support levels. Technically, the pair is currently testing the support zone that aligns with the ascending trendline. This trendline has proven to be a reliable support in the past and continues to be a focal point.
On the other hand, the Australian dollar benefits from a favorable economic outlook and rising commodity prices, which bolster investor confidence in the currency. Meanwhile, the U.S. dollar remains under pressure due to concerns over economic growth and the potential policy adjustments by the Federal Reserve.
With these two factors in play, I remain optimistic about this currency pair. 💬How about you?
XAUUSD: A Correction Is Coming – Don’t Miss Out!Hey everyone, Kilian here!
Let’s dive into today’s XAUUSD analysis!
The price is currently moving within a clear upward channel, with price action testing the upper boundary. This could act as a dynamic resistance level, and if the price is rejected here, we might see a slight pullback, bringing the price back to the support zone at 3,900.
If buyers can successfully defend this support level, the bullish structure will remain intact, and gold could resume its move to higher levels. However, if the price breaks below the support, a deeper correction toward the lower boundary of the channel may open up a potential selling opportunity.
Keeping an eye on confirmation signals like engulfing candle patterns, strong rejection candles from support, or increased buying volume will help you time your entries for buying positions. That said, always prioritize risk management! Make sure to confirm the signals and implement a solid risk management strategy before entering a position.
What do you think about this move? Feel free to share your thoughts and strategies in the comments below!
BTCUSD Setup You Can’t MissHey everyone, Kilian here!
The Bitcoin market keeps showing positive signals as the uptrend holds steady. On the technical chart, a double bottom pattern is gradually taking shape, with the first low followed by a higher low, a clear sign that buying pressure is building. At the moment, price is trading just above the neckline, a critical level that many analysts see as the key decision point for the next move.
If price holds above the neckline and confirms the breakout, the bullish scenario aiming toward 124,625 becomes stronger. But if the market slips back below this level, it could signal buyer weakness and raise the risk of a reversal.
As always, traders should wait for clear confirmation before entering, and stick to strict risk management rules in this volatile environment.
Trade safe and stay disciplined.
Gold Holds Strong as USD Weakens Amid Economic Uncertainty👋Hello traders, what do you think about the current trend of OANDA:XAUUSD ?
Today, gold continues to hold above its high price levels, supported by a weaker USD and the demand for safe-haven assets amid the growing risk of a U.S. government shutdown. At the same time, the weak employment data further reinforces expectations that the Fed will cut interest rates this month.
Since the beginning of the year, gold has surged about 45%. Currently, this precious metal is just shy of the $4,000/ounce mark, reflecting strong investor confidence in gold during times of uncertainty.
On the other hand, with the U.S. government shutdown, sentiment towards the U.S. tends to turn negative, impacting both the USD and U.S. stocks. In fact, the latest ADP employment report shows that the U.S. private sector lost 32,000 jobs in September, far exceeding the forecast of only 3,000 job losses in August, heightening concerns about the U.S. economy.
Given the current political tensions and economic instability, with a 99% likelihood that the Fed will cut rates, according to CME FedWatch, gold could continue its strong upward momentum.
Investing in gold in this environment could continue to yield significant profits. Do you think the same? 💬 Let me know your thoughts in the comments!
Gold Technical Analysis – Is a Pullback Coming?XAUUSD is currently moving within a well-defined ascending channel, and the price is testing the upper boundary. This area acts as a dynamic resistance, and if the price gets rejected here, we could see a mild pullback back toward the support zone around 3,900.
If buyers manage to defend this support, the bullish structure remains intact and gold could attempt to push higher again. On the other hand, if support breaks, a deeper correction toward the lower boundary of the channel is possible, creating potential short opportunities for traders waiting for the right setup.
To identify an optimal entry point, watch for confirming signals such as a bullish engulfing pattern, long rejection wicks at support, or a sudden surge in buying volume. Risk management should always be your top priority. Make sure signals are clearly confirmed and apply a solid risk management strategy before entering a position.
What’s your take on this? Share your thoughts and strategies in the comments! And don’t forget, discussions in the TradingView community are a great way to sharpen your trading skills and grow together as traders.
USDJPY: Testing Key Support After Sharp Decline👋Hello everyone, let’s take a look at FX:USDJPY !
Today, USDJPY continues to weaken as the U.S. Dollar falls further to the 147.00 level against the Yen, marking nearly a 2% decline over the past four days. The looming U.S. government shutdown and weak U.S. job data have weighed heavily on the Dollar this week, leaving USDJPY struggling to find support.
On the other hand, after recently hitting a new high near the 150.00 zone, USDJPY plunged and returned to its previous consolidation area. As of writing, the pair is trading close to a critical support zone. This level has acted as a strong bounce area for USDJPY multiple times in the past, so we can expect the possibility of a similar rebound soon. However, a decisive break below this level would open up much greater opportunities for the sellers.
Let’s wait and see how USDJPY reacts at this support level—it could be an excellent opportunity for both sides. As for me, I’m looking forward to a potential rebound. What about you? What’s your view on this pair?
GBPUSD: Will the Support Hold or Break?👋Hello everyone, what do you think about FX:GBPUSD ?
Although the pair initially rose as the British Pound received support from the Bank of England's cautious comments, while the US Dollar remains under pressure due to the uncertainty surrounding the US government shutdown, GBPUSD has yet to see a strong breakout.
From a technical perspective, in the short term, GBPUSD broke through the upward price channel and is now capped below the trendline, constantly testing support levels, the most recent being 1.342. This level needs to hold for buyers to push through the trendline. On the other hand, if this level breaks, the immediate target will shift to the lower region under 1.335, where buyers might look for a potential bounce back.
Do you think GBPUSD will hold the support or continue to fall deeper? 💬Let me know your thoughts in the comments!
Good luck!
ETHUSDT Bullish Outlook: Bull Flag and Strong Support Levels👋Hello everyone, it's great to be back with today’s discussion on BINANCE:ETHUSDT .
Currently, ETHUSDT is trading around 4,470 and showing a strong bullish trend, supported by a clear Bull Flag pattern. After a strong rally, the price is now consolidating within a narrow range, creating an opportunity for buying pressure to accumulate and prepare for the next leg up.
The EMA 34 and 89 also support the uptrend, and the immediate support zone aligns with the lower boundary of the flag pattern. If ETH continues to hold strength at this level, the likelihood of a breakout to the upside is extremely high.
I maintain a positive outlook on this analysis. What about you? What are your thoughts on ETHUSDT's trend? Feel free to share your opinions for discussion!
Good luck!
Gold Continues to Show Strength👋Hello everyone, what do you think about the current trend of OANDA:XAUUSD ?
Yesterday, the market received an important piece of news: the JOLTS data showed 7.23 million job openings in the U.S., surpassing the forecast of 7.19 million and slightly higher than the previous figure of 7.21 million.
In response to this information, gold initially experienced a temporary pullback but quickly regained momentum. Despite the somewhat negative impact on gold due to this data, it reaffirms XAUUSD's position as a safe-haven asset.
As of the time of writing, XAUUSD continues to test new highs, with the price currently trading around 3,865 USD. The short-term outlook remains supported by technical factors. As long as the support levels hold, I remain optimistic and target higher levels, with 3,900 USD being the first psychological level.
What do you think about the trend of XAUUSD? 💬Feel free to share your thoughts in the comments!
BTCUSDT: Potential Reversal at Key Support👋Hello everyone, what do you think about the trend of BINANCE:BTCUSDT ?
Bitcoin is currently undergoing a short-term correction after forming a peak above $114,500. The price is now heading toward a key support zone around $110,000, which is also seen as an important confluence zone.
If Bitcoin stabilizes here and confirms the support level, we could see another potential bounce, pushing it back towards previous resistance levels. Pay attention to the possibility of a price reversal from this support zone, as it might create a buying opportunity.
What do you think about BTCUSDT? Let me know your thoughts in the comments below!
Good luck!
XAUUSD Hits New Highs 👋Hello everyone, what do you think about OANDA:XAUUSD ?
Yesterday, gold recorded a strong rally, surging to 3759 USD, an impressive gain of over 65 USD compared to the previous session, reaching our expected target.
In the new trading session, gold has reached a new record high, driven by growing expectations of further Fed rate cuts and increasing demand for safe-haven assets amid political instability.
Safe-haven flows are also being reinforced by prolonged geopolitical risks, including the Russia-Ukraine conflict, concerns over the economic impact of U.S. President Donald Trump’s tariffs, and strong gold purchases by central banks.
From a technical perspective, gold remains well above both the EMA 34 and EMA 89. Although the sharp increase has prompted some investors to take profits, I personally believe the uptrend is not over, as gold continues to be the top choice for preserving wealth. My target is 3800 USD in the near future.
And you, what do you think about the trend of XAUUSD?
Gold Continues to Probe for New Highs.👋Hello everyone, what do you think about the trend of OANDA:XAUUSD ?
Gold continued its upward momentum on Tuesday, reaching a new record high near 3800 USD. Persistent geopolitical tensions, the Federal Reserve's dovish stance, and signs of weakness in major economies in Europe and the U.S. seem to be sustaining investor interest in the precious metal.
At the time of writing, gold is hovering around 3765 USD, undergoing a slight pullback, but the overall trend still supports further gains. From a technical perspective, I believe that after this correction, we could see higher price movements. The immediate target is to reclaim the 3790 USD level, followed by 3800 USD, and if conditions remain favorable, we could push even higher, as long as no deep corrections occur.
💬What do you think about gold? Feel free to share your views in the comments, I'm looking forward to your feedback!
Good luck!
Gold Continues Its Explosive Run👋Hello everyone, what do you think about OANDA:XAUUSD ?
After a strong breakout last month, gold opened this week at a new record, marking the fifth consecutive week of historic highs by surpassing $3,800, and the upward momentum shows no signs of stopping. As of now, the precious metal has gained over 550 pips, an impressive figure.
A recent survey shows that most analysts and investors remain optimistic about gold’s price outlook. In an online Main Street poll with 265 participants, 166 (63%) predicted further price increases, 56 (21%) expected a decline, and 43 (16%) anticipated stable prices.
This week, the gold market is awaiting key data, including US consumer confidence (Tuesday), ADP Non-Farm Employment & ISM Manufacturing PMI (Wednesday), weekly jobless claims (Thursday), and US Non-Farm Payrolls & ISM Services PMI (Friday). These releases are likely to guide the next moves for gold, so stay tuned.
Personally, I remain bullish. What about you? What’s your take on XAUUSD? 💬Share your thoughts in the comments!
EUR/USD - Reaction at Key Price Zone👋Hey traders, what do you think about the current trend of FX:EURUSD ?
Technically, EUR/USD is pulling back once again after testing previous resistance levels and forming a peak. The price is currently hovering around 1.169 and moving within a narrowing wedge pattern while testing the trendline support below.
The uptrend could continue towards higher levels, but the key factor will be how the price reacts at this trendline zone. Additionally, both the EMA 34 and EMA 89 indicate positive alignment, supporting the potential for further upside.
If the price holds above the trendline, the immediate target will be resistance around 1.185, followed by a potential breakout.
What do you think about the outlook for EUR/USD? Let me know your thoughts in the comments below!
Good luck with your trading!
Gold Prepares for a New Breakout👋Hello everyone, what do you think about the trend of OANDA:XAUUSD ?
XAUUSD has been consolidating in a narrow range, forming a bullish flag pattern with clear support at 3,730. Additionally, the Bollinger Bands are showing that the market is preparing for a potential breakout.
If the price continues to hold above the support line, the bullish trend may continue, with the immediate target at the resistance level around 3,785. The Core PCE Price Index m/m, set to be released today, will serve as a short-term catalyst for this trend.
Keep an eye on these key levels to confirm the breakout!
And you, what do you think about gold's price today💬? Feel free to share your thoughts in the comments below!
Good luck!
BTCUSD: Bearish Reversal on the Horizon?👋Hello everyone, what do you think about BITSTAMP:BTCUSD ?
Bitcoin is showing signs of a bearish reversal as it tests the lower boundary of its rising channel, with the likelihood of a breakdown below the trendline increasing. The diamond pattern also seems to be completing, signaling further downside potential.
Market sentiment remains cautious due to the recent rate hike by the Fed and a stronger dollar, both putting pressure on risk assets like Bitcoin.
A decisive move below the channel's support could trigger a sharp decline, targeting the $100,000 level. Keep an eye on these levels for trend confirmation.
💬What are your thoughts on BTCUSD’s outlook? Feel free to leave your comments below!
Good luck!