ETHUSDT - Faces Downtrend👋Hello everyone, glad to see you again. Let’s take a look at BINANCE:ETHUSDT !
Currently, Ethereum is moving in a clear downtrend. After breaking through the support zone, the decline has intensified. The current resistance levels are around 4,300 USD and 4,450 USD. If the support at 4,100 USD is not held, ETH may continue to experience further correction.
With the Fed's rate cuts and geopolitical issues like the Russia-Ukraine conflict increasing market instability, capital is flowing out of riskier assets like cryptocurrencies. This will continue to put downward pressure on ETH.
Unless there's a reversal from this zone, the strategy and scenario mentioned above seem likely. My target is a short-term price decline. What about you?
Feel free to leave your thoughts in the comments below.
Good luck!
Alyanalysis
USDJPY : Buy or Sell ? 👋Hello everyone, what do you think about the trend of FX:USDJPY ?
Currently, USDJPY is in a sideways phase, with the USD facing instability due to macroeconomic factors such as the Fed’s interest rate policy and political situations. This is causing the pair to accumulate within a narrow range, moving between support and resistance levels.
Here are two potential scenarios to consider:
Scenario 1: Testing Resistance and Continuation of the Uptrend
If USDJPY stays above the support zone at 147.50 and the moving averages, we can expect the uptrend to continue.
Scenario 2: A Pullback to Support Levels
If the USD continues to weaken, the price could adjust and move back to deeper support levels, possibly around 146.00 – 145.00.
My personal opinion: I lean towards the scenario of testing resistance first.
💬What do you think? Share your thoughts in the comments!
AUD/USD: Preparing for a Bounce from Key Support ? 👋Hello everyone, let’s take a look at OANDA:AUDUSD !
Recently, the pair has shown strong bullish momentum, reaching a new high at 0.6685, and is now in a retracement phase as the price moves closer to the support zone at 0.656.
The Australian Dollar is supported by a relatively stable commodity market and positive risk sentiment, while the US Dollar remains under pressure due to continuous rate cuts by the Federal Reserve. This combination allows AUD/USD to maintain its bullish position.
Considering the current market developments and technical factors, I expect a slight correction before the trend continues upwards. Keep a close eye on the 0.656 support zone to make informed trading decisions.
What’s your view on the AUD/USD pair? Let’s discuss in the comments below!
Good luck with your trading!
SOLUSDT Strong Rejection at Key Support – 230.00 Incoming!Hey everyone, Ken here!
SOLUSDT has been quite interesting lately. After a sharp decline from the channel’s top, the price broke through the support zone, often referred to as the neckline, and reached a key support area below. Here, we saw a strong rejection wick, which clearly indicates that buyers have stepped in and are ready to take control of the market.
With this setup, I predict that the 230.00 level will be a reasonable target in the short term. The strong rejection at this support zone suggests a high potential for a reversal.
Feel free to leave a comment if you agree with this prediction, or if you have a different perspective. Let’s discuss and share our ideas!
GBPJPY: Aiming for New Highs👋Hello to my smart and wealthy friends, what do you think about OANDA:GBPJPY ?
Recently, GBPJPY reached a new high at 201.000 before pulling back slightly. However, the pair found support around 199.30 and has since entered a temporary consolidation phase.
The trend remains bullish as long as the support level holds firm, with the next target being to conquer the previous high. Keep a close eye on the price action around the support zone to identify potential opportunities.
I remain optimistic about this pair. What are your thoughts on GBPJPY? I'd love to hear your opinion, looking forward to your insights.
Good luck!
ETH Analysis: Deeper Pullback in PlayETH is still trading within a broader uptrend channel, but recently, the price has started to pull back after a significant rally. After pushing up too far, the market is now taking a breather and recalibrating.
From a technical standpoint, this pullback is completely normal and healthy after such a strong move. Pullbacks like this are part of any bullish trend, providing the market a chance to reset. If the pullback continues, the next target could be the 3,600 support area, where multiple key factors converge: horizontal support, trendline support, and the 0.618 Fibonacci retracement level.
The 3,600 level is crucial. If ETH holds strong here and shows signs of a reversal, it could be a solid entry point for the next leg up. However, if the price breaks below this level, we may see deeper downside, and the current bullish structure could start to break down.
As always, confirm your setups before entering and make sure your risk management is solid. Stay alert for the next opportunities!
USDCAD: A Sell Opportunity You Can't MissLooking at the USDCAD chart, we can see that price is moving within a descending channel with lower highs. Currently, price is testing the upper boundary of this channel. In the past, sellers have successfully defended this level multiple times, and the current market structure suggests we may see another rejection here.
If that happens, setting up a short position would be straightforward. Our target would be around 1.38150, a reasonable objective based on this setup, where a price retracement or even a strong decline could occur. The current trend remains bearish, and in descending channels like this, going with the trend is generally a better strategy than fighting it.
Until buyers convincingly break this descending channel, sellers remain in control, and the opportunity to trade with the trend is still very clear.
Do you see it this way as well?
EUR/USD: Bullish Momentum Continues ? 👋Hello everyone, what do you think about the trend of FX:EURUSD ?
Today, EUR/USD continues to solidify its bullish momentum as it breaks through the key resistance level of 1.1800. This upward movement occurs amid a lack of stability in the US Dollar, declining US Treasury yields, and ongoing speculation that the Fed may cut rates twice by the end of the year, all setting the stage for the pair’s recovery.
From a technical perspective, I remain optimistic. If the upward momentum continues, the next target will be the resistance zone at 1.186, followed by the yearly high above 1.1900. A clear breakout beyond this level will pave the way for a potential move towards the round figure of 1.200.
And you, what do you think about EURUSD? Feel free to share your thoughts in the comments!
Wishing you successful and profitable trading!
XAUUSD Breakout and Bullish Momentum👋Hello everyone, what do you think about OANDA:XAUUSD ?
Gold has just completed a Rounding Bottom pattern and successfully broken out of the resistance zone around 3,700 USD, turning it into a new support. Strong bullish momentum has emerged, and I expect the next push to target the 3,740 – 3,750 USD area. Short-term pullbacks are likely to serve only as stepping stones for buyers to strengthen their position and drive prices higher.
Do you agree with this outlook?💬 Share your thoughts below!
Wishing you successful trades!
GBP/USD: Bullish Signal from Support Zone👋Hello traders, what’s your view on the FX:GBPUSD trend?
Today, GBP/USD is trading around 1.3499, showing signs of reversing and completing its pullback after touching the ascending trendline and the critical support zone. Recovery momentum is firming up, with the first target at the 1.3550 resistance level.
If the price manages to hold above support, the bullish scenario is likely to extend toward the next resistance area near 1.3650, seen as a key short-term target.
What do you think—does GBP/USD have enough strength to break above this resistance? Share your thoughts below, let’s discuss!
Good luck!
Gold Price Reverses - Continues to Surge👋Hello everyone, what do you think about OANDA:XAUUSD ?
Although XAUUSD was impacted by the news of a drop in unemployment claims, the upward momentum continued to perform well on Friday. The price held strong above the $3,630 support zone and pushed the precious metal to new highs, rising by over 400 pips, or approximately 1.12%.
With the current price level, breaking through the immediate resistance could signal the start of the next rally, targeting the $3,700 level and potentially even higher. Previous pullbacks were necessary steps for reaching this target.
What do you think about the trend of XAUUSD? Feel free to share your thoughts in the comments!
Good luck!
Gold Under Pressure - Is the Downtrend Just Beginning?Hi everyone, it’s Ken!
On the 2H chart, after careful observation, we can see a RISING WEDGE pattern forming. After XAUUSD broke the previous uptrend and completed its correction phase, there's a high likelihood that a new bearish trend will emerge, continuing the short-term downtrend we've seen recently.
Ken's target is to push the price below 3,630, aiming for a further low at 3,608 – this level perfectly aligns with Fibonacci 1.618.
What about you? Do you think XAUUSD will continue to drop, or is there a chance for a reversal to the upside? Share your thoughts and targets in the comments!
Gold Faces Major Resistance: Is a Sharp Decline Imminent?Hey everyone, looking at XAUUSD today, I noticed something quite interesting. Gold has reached an important resistance level, one that in the past has acted as a strong barrier, pushing the price down. This area has also been a strong supply zone, where sellers have previously taken control of the market. Therefore, it becomes a "hot" spot for those looking for shorting opportunities.
If the price starts showing bearish signals, such as rejection wicks, bearish candlestick patterns, or signs of weakening buying pressure, I think there's a good chance we could see a drop towards 3,604, and possibly even lower to 3,5XX if the selling pressure remains strong. However, if the price breaks this resistance clearly, the bearish outlook might be invalidated, and we could see a further rally.
This is just my personal view on the support and resistance levels, not financial advice. Always double-check your signals and ensure proper risk management.
Good luck with your trades!
HBARUSDT: Ready for the Next Bull Run to 0.27430!The HBARUSDT market is looking incredibly bullish! We've just seen a strong shift from a downtrend to an uptrend, creating a perfect opportunity to go long.
The price has broken through a key resistance level, then pulled back to retest it – a textbook breakout & retest setup. This highlights the strength of the bullish momentum.
Now, with the price rejecting that level and turning it into new support, this is a strong long signal with the next target in sight!
My target is 0.27430. Let’s get ready for the next move!
GBP/USD - Testing New Highs👋Hello everyone, what do you think about the trend of FX:GBPUSD ?
Yesterday, GBP/USD tested the high above 1.372 for the first time, but the upward momentum couldn't hold, and the pair has since corrected back. Currently, the price is hovering around 1.362 and is under the control of the Bears in the short term.
However, looking at the broader outlook, the Fed recently cut interest rates by 0.25%, which could impact the USD, and GBP/USD might take advantage of this. The next key target remains 1.372, but first, a solid base above the support zone will be crucial for the continuation of the upward trend.
What do you think about this currency pair? Feel free to share your thoughts in the comments!
XRPUSDT: A Long Opportunity You Can’t MissXRPUSDT is looking pretty interesting right now. The price has broken through the nearest resistance level and has come back to retest it. Classic breakout and retest setup.
The price got rejected from that level, turning it into a new support zone. This is a solid long signal. My target is 3.3828.
What do you think?
EURUSD - Breakout from Key Resistance Zone👋Hello traders! Have you noticed the impressive surge in FX:EURUSD recently?
The pair has been steadily climbing and has surpassed the previous resistance level at 1.177, achieving the target we set in our previous analysis .
Looking at the chart, we can expect a potential pullback before the pair continues its upward momentum. This could present an ideal buying opportunity before the next rally.
As long as EURUSD holds above the 1.177 support zone, the bullish trend remains intact. The next major target to watch is 1.1900, with even more upside potential if the momentum continues.
With solid technical support and continued investor confidence, EURUSD is likely to keep growing. What do you think? Will the rally continue? Let me know your thoughts in the comments below!
Happy trading!
BTCUSD – Aiming for Higher Targets 👋Hello everyone, great to see you again! What are your thoughts on BITSTAMP:BTCUSD ?
Here’s my bullish outlook: Bitcoin is still holding its upward structure within the ascending channel. After bouncing from the support area around 110,000 USD, price has regained momentum and is now testing nearby resistance at the time of writing, aiming for the first resistance target at 123,500 USD.
If this resistance is broken, the bullish momentum could continue strongly, with higher targets at the upper boundary of the channel. Both the 34 EMA and 89 EMA are supporting this outlook. As long as BTC stays above the ascending trendline, the bullish scenario remains dominant.
This could be the chance for buyers to keep control of the market. Do you agree? Share your thoughts with me!
USDJPY – The Gloomy Days Aren’t Over👋Hello everyone, what’s your take on FX:USDJPY ?
The market is showing an interesting contrast: while XAUUSD has been surging thanks to a weaker USD and falling Treasury yields, USDJPY has been under significant pressure.
In recent sessions, weaker-than-expected U.S. economic data has reinforced expectations that the Fed may cut rates soon. This has weighed on the USD, boosting demand for gold as a safe haven. On the flip side, the Japanese yen — long pressured by ultra-loose monetary policy — is now benefiting from USD weakness, intensifying the downward pressure on USDJPY.
Technically, USDJPY has been moving sideways for weeks, with momentum fading. Bears are seizing the opportunity, eyeing a potential breakdown below the key 147.0 support level, which could open the door to deeper declines.
A clear break beneath this support would confirm the bearish scenario. Let’s watch closely to see how this unfolds.
What about you — do you think USDJPY will break lower or hold steady? 💬Share your thoughts in the comments!
USDCAD Analysis: Bearish Reversal Signal ? 👋Hello everyone, it's great to see you again! Let’s take a look at OANDA:USDCAD !
Here’s my perspective:
USDCAD has formed a Head and Shoulders pattern, signaling a potential bearish reversal. The price recently tested the 1.386 level and is now heading lower. The next target is approaching an important trendline support.
What do you think about this currency pair? Feel free to share your thoughts, and let’s discuss it!
Gold's Surge: What's Next for XAUUSD?👋Hello everyone, what do you think about OANDA:XAUUSD ? Will the price rise or fall?
Recently, the gold market has witnessed an extraordinary price surge, with the price continuing to reach new milestones around $3,700. This increase marks the third consecutive session where gold has hit a new all-time high, solidifying its impressive growth in the current economic environment.
This sustained uptrend is occurring as market participants prepare for the Federal Reserve's expected interest rate cut, with high expectations that the Fed will lower the benchmark interest rate by 0.25 percentage points in the upcoming meeting, which is favorable for gold.
From a technical perspective, in the short term, the chart shows that gold has been consolidating for a certain period before breaking out strongly, and it is currently in a slight pullback toward the new support level.
With the current uptrend, we may find buying opportunities at pullback points near the new support zone, especially if the market shows consolidation at the current price levels. Any minor pullback could be just an opportunity to increase long positions.
What do you think about the trend of XAUUSD? Leave your thoughts in the comments!
EURUSD Strengthens in Upward Channel: Next Target at 1.19850?Hello everyone, Ken here!
Looking at the current market, it's clear that EURUSD is moving within a strong upward channel. This trend is not only clear but solid, with the next target around 1.19850, a crucial level at the upper boundary of the channel. This gives us confidence that the bullish trend will continue in the near future, though we still need to watch out for some factors.
While the main trend is leaning towards the buyers, we know the market never moves in a straight line without adjustments. A short-term pullback could happen, and this would present a great opportunity for us to enter, especially if strong bullish candlestick patterns, like engulfing candles, appear to confirm continued buying strength. If the price breaks above recent highs, it will further reinforce the bullish momentum, pushing EURUSD toward the next target.
However, as we know, nothing is certain. If the price breaks below the lower boundary of the channel, we’ll need to reassess the bullish outlook, as this could signal a potential change in the trend.
Remember, what we share here is just our personal opinion—not financial advice. Always double-check your setups and manage your risk carefully before making any trading decisions.
Gold Surges - Shining Bright In Green.👋Hello everyone, what do you think about OANDA:XAUUSD trend?
Yesterday, gold continued to shine with another strong session, climbing close to the 3700 USD target. At the time of writing, it’s consolidating around 3680 USD, showing that bullish momentum is still intact.
Gold started the week trading near record highs, supported by a weaker US Dollar and falling US Treasury yields, as investors prepare for this week’s Federal Reserve meeting—an event that could set the tone for the rest of the year.
The US Dollar Index (DXY) slipped to its lowest level in a week against major currencies, making gold more attractive. The next upside targets appear to be 3700 USD, followed by 3730 and 3750 USD in the short term.
What’s your outlook on gold today?