EURUSD – Bullish Technical Outlook Still Intact👋Hello everyone, what do you think about the trend of FX:EURUSD ?
As of now, EURUSD is moving as expected, with the pair trading around 1.174 at the start of the week.
EURUSD is approaching a significant resistance zone around 1.1800, with the first target at 1.176 already tested. From a technical standpoint, the pair is in a clear uptrend, supported by the trendline and two EMA lines, with strong bullish momentum in play, following the trajectory of an Ascending Triangle pattern.
The target to break through remains 1.1800. If the price breaks this level, we could see the next leg of the rally towards 1.1900 or even higher. Watch for a solid confirmation before entering the trade for a safer position.
What do you think about EURUSD? 💬Share your thoughts in the comments!
Good luck!
Alyanalysis
Gold Ready for the Next RallyOver the past few sessions, I’ve observed gold consolidating within a Symmetrical Triangle after a strong bullish move. From my experience, this pattern often represents a “pause for breath” before the market resumes its primary trend.
What caught my attention most is that price has just broken above the upper boundary of the triangle, signaling a clear breakout. That said, I won’t be rushing into a trade. I always prioritize safety, so I’ll wait for price to retest the breakout zone. If the former resistance holds as new support and shows strong rejection, that will be my ideal entry point.
Based on my projection, the upside target for this setup is around 3,720 USD. For risk management, I would place the stoploss either below the lower boundary of the triangle or just under the breakout zone, depending on risk appetite.
On the H2 timeframe, this Symmetrical Triangle setup looks highly reliable since it aligns with the broader bullish trend. If the breakout holds, I believe gold still has plenty of room to climb higher.
GBPUSD – Buyers Are Gaining Momentum!OANDA:GBPUSD Looking at today’s chart, it’s hard to ignore the strength of GBPUSD. Price continues to climb steadily within a rising channel – a clear sign that momentum remains with the buyers.
The recent break & retest was the highlight: price broke above resistance, pulled back to test it, and then bounced higher. A textbook setup that reinforces confidence the uptrend is far from over.
The next destination? The upper boundary of the channel around 1.3700. If buying pressure holds, GBPUSD could very well extend into another strong bullish leg.
Gold Analysis: Falling Wedge Breakout and Bullish ForecastOANDA:XAUUSD The market is clearly forming a falling wedge, and recent price action suggests a potential shift is on the horizon. Price has begun breaking through this downward structure, which could be the early signs of a strong bullish move.
I’m waiting for the price to retrace back to the broken trendline. This will act as a confirmation, filtering out any false moves, while a retest of the structure will solidify the validity of the breakout. From here, my target is 3682.
The key now is to watch the pullback. If the market returns to the trendline with rising volume, it will add weight to the bullish case.
This trendline breakout is more than just a signal – it’s a story in the making. It represents a shift, and with the right volume, structure, and timing, this could be the start of a larger bullish phase.
Latest Gold Price Update Today👋Hello everyone, what do you think about OANDA:XAUUSD ?
Today, gold continues to trade sideways around the $3,650 mark. The recent surge in new unemployment claims has negatively impacted the US Dollar, allowing XAU/USD to maintain its high position, despite August CPI data coming in slightly higher than analysts’ estimates.
From a technical perspective: The recent highs around $3,655 - $3,657 could serve as key resistance levels, beyond which gold might test its all-time high around $3,675. Additional buying orders could allow XAU/USD to continue its recent breakout and aim for the $3,700 level, especially as the H1 trendline shows signs of breaking.
The support levels to watch are $3,630 - $3,615 , and eventually the psychological $3,600 level. If these hold, short-term buying strategies remain favored. Remember, "The trend is your friend."
What do you think? How will gold move from here? Hit like if you agree with my analysis!
Good luck!
Gold Price Today – Buy or Sell?👋Hello everyone, it's great to be back. Let’s discuss OANDA:XAUUSD !
Here’s my short-term outlook:
XAUUSD is currently facing a new resistance zone around 3,655 USD, showing potential signs of a Triple Top pattern. The price has tested this level multiple times, and if it can’t break through, we might see a pullback towards support—first around 3,620 USD, then possibly down to 3,600 USD. The bullish trend will be maintained as long as this support level holds.
Outlook: This week promises to be an exciting trading week with several important news events scheduled to be released:
-US Retail Sales (Tuesday)
-Bank of Canada Interest Rate Decision, Federal Reserve Interest Rate Decision (Wednesday)
-Bank of England Interest Rate Decision, US Weekly Jobless Claims (Thursday).
The next move will depend on these news events. Keep a close eye on the upcoming price action!
What’s your take? Do you expect gold to rise or fall? Leave your thoughts in the comments or like the post if you agree with this analysis.
Wishing you a fantastic trading week ahead!
XAUUSD Looks Ready for a Big MoveHey everyone, Ken here!
Looking at the XAUUSD chart today, I see a lot of interesting things. The price isn’t rushing upward, but moving step by step – almost like buyers are slowly taking control.
Personally, I won’t jump in just yet. I’d like to see a clear rejection first. If that scenario plays out, my target would be around 3,683 .
What really matters here isn’t just the number, but patience. I’ll wait for price to return to the marked level, then watch volume and candlestick patterns for confirmation.
What about you? Do you think this setup makes sense? Share your thoughts in the comments!
Gold Price Outlook – Bulls in Control👋Hello everyone, let’s take a look at OANDA:XAUUSD today!
Over the past week, gold has moved steadily upward, holding above the psychological 3,600 USD zone. At present, the bulls remain in control, keeping price action around 3,645 USD.
Gold continues to benefit from a weaker USD following recent economic data. Rising unemployment claims and expectations that the Fed will maintain a dovish stance have provided strong support for gold to stay above 3,600 USD.
From a technical perspective, the precious metal is extending its rally toward key Fibonacci expansion targets. The 2.618 extension is being tested, with potential to push higher toward the 3.618 level. This aligns with the Elliott Wave structure, where wave (3) is near completion, likely followed by a brief correction into wave (4), before a breakout into wave (5).
The next psychological targets are 3,700 and 3,800 in the medium term. The main trend remains bullish, with critical support resting at 3,550 – 3,600 USD. As long as gold holds above this zone, the strategy of buying on dips to capture wave (5) remains valid.
What do you think about gold’s outlook? Share your thoughts in the comments!
Good luck!
GBPUSD – Forming a Bullish Pattern?👋Hello everyone, let’s take a look at FX:GBPUSD !
Looking at the GBP/USD pair, the market is currently testing a key resistance zone around the 1.3580 level. We can see that a Bullish Bat pattern is forming, with the price action completing the final CD wave.
The next move will be highly anticipated. If the pattern completes, the next wave could result in a strong bullish rally. Additionally, GBPUSD is supported by the ascending trendline and the EMA 34, which could push the pair to test 1.3508 again, and with more favorable conditions, it may continue to conquer higher levels.
What do you think about the trend of GBPUSD? Let me know your thoughts!
ETHUSDT – The “BIG” Wave Is Coming ?Hello everyone, glad to see you again as we dive into BINANCE:ETHUSDT !
Today, Ethereum continues to show strong accumulation as it consolidates tightly around the 4,200 USDT support zone. This area is being strongly defended and also aligns with key retracement levels on higher timeframes, suggesting that the bulls are far from giving up.
At the moment, ETH is in a “compressed spring” state – the longer it moves sideways, the stronger the breakout potential. If the support holds, we could see a powerful bullish wave emerge, with the potential to test resistance and even break higher. Smart traders know: accumulation equals opportunity!
What about you – do you think ETH will break through or bounce back from the 4,800 USDT resistance? Share your thoughts in the comments below!
ETHUSDT in Strong Uptrend: What's Next?Hey everyone, what do you think about ETHUSDT?
ETHUSDT is currently moving in a strong upward channel, hovering around 4427 USD, with a 1.85% increase on the day. This rally is driven by strong institutional inflows, favorable monetary policies, and the continuous development of the Ethereum ecosystem. Technical indicators such as the EMA 34 and EMA 89 continue to support the uptrend, especially as ETH breaks through short-term resistance levels.
With the current momentum, ETH could aim for a target of 5400 USD in the near future, if the buying pressure remains steady. If you're watching ETH, this is an ideal time to consider potential trading opportunities.
What do you think about ETHUSDT? Is this upward trend sustainable? Feel free to share your thoughts and join the discussion on ETH's potential moving forward!
Gold Faces 3700 USD Resistance – Reversal or Breakout?👋Hello everyone, what do you think about the trend of OANDA:XAUUSD ?
Currently, gold is trading around 3645 USD in a price box, almost unchanged compared to the same session yesterday. Alternating rises and pullbacks indicate accumulation. Investors are now eagerly waiting for the upcoming CPI and Unemployment Claims data. If results come out weaker for the USD, gold may find an opportunity to challenge the key 3700 USD level.
Let’s wait for the results and see how gold will move!
Good luck!
Gold Promises New Highs👋Hello everyone, what are your thoughts on OANDA:XAUUSD ?
Today, gold continues to hold a strong bullish trend, currently trading around 3,630 USD with a short-term pullback serving as momentum for the next move.
The key support zone is located around 3,600 – 3,580 USD. If this level holds, the upside remains open with the first psychological target at 3,700 USD. Two major indicators to watch are PPI (Sept 10) and CPI (Sept 11), which could act as the next catalysts for XAUUSD. Keep a close eye to catch trading opportunities.
Scalping Strategy – Optimal Profit Management
✔️ TP1 or 30 Pips: Close bad entry and move SL to entry
✔️ TP2 or 50–70 Pips: Close half of remaining profit, move SL to TP1
✔️ TP3: Close all
From my personal perspective, the main trend remains bullish. Pullbacks only serve as opportunities for safer long entries. And you—what do you think about gold’s trend?
EURUSD - The Heat Is Still OnHello everyone, what do you think about the trend of FX:EURUSD ?
Today, EUR/USD is experiencing a slight pullback, currently hovering around the 1.169 level after approaching the resistance at 1.177. The first target is aimed at the support zone near 1.163, following a violation below the two EMA lines.
Economic factors from both the Eurozone and the US continue to significantly influence this currency pair's movement. Recent data shows downward pressure on the USD as expectations for a Fed policy easing are being priced in, which continues to support bullish momentum for EUR/USD.
However, from a technical perspective, we expect EUR/USD to slightly correct toward the 1.163 support level before the uptrend resumes.
What do you think? Is this a good opportunity for traders to look for new buying positions? Please share your thoughts in the comments and don’t forget to like the post if you agree with my view!
Unlocking the Power of Ascending Triangles in Bitcoin Trading!Hello everyone! 👋
In this analysis, we will explore a popular technical pattern in Bitcoin trading called the Ascending Triangle 🔺 . This is a useful tool that helps us identify potential trading opportunities, especially when the market is in a consolidation phase. Let's dive deeper! 🚀
1. Ascending Triangle Pattern 📊
An Ascending Triangle forms when the price consistently creates higher lows but faces resistance at a fixed price level. This indicates that buyers are in control, but the market needs a strong push to break through the resistance.
2. How to Identify and Read the Pattern 🔍
Higher Lows : In an ascending triangle, the price's successive lows create rising support levels. This shows increasing buying pressure and indicates that the price can’t drop below the established support. 📈
Horizontal Resistance: The resistance level is the area where the price fails to break through for an extended period, creating a horizontal line. For Bitcoin, the current resistance level is 113,000 USD. 🚧
3. Trading Strategy 💡
Wait for a breakout: This pattern typically leads to a breakout when the price exceeds the resistance level. However, it’s crucial not to enter the trade immediately when the price approaches resistance. You should wait for confirmation when the price breaks through the resistance and is followed by a strong candlestick. 🕯️
Enter after confirmation: When the price surpasses the resistance with high volume and a strong candlestick, that’s the ideal time to enter a buy position. This reduces risk when trading. ✔️
4. Support and Resistance Levels 🔄
Resistance: The current resistance at 113,000 USD is critical. If the price breaks this level, we can expect a strong bullish movement. 💥
Support: If the price fails to break through the resistance, keep an eye on support levels like 110,000 USD or lower. When the price returns to these levels, look for signs of a recovery to find a potential buying opportunity. 💪
5. Risk Management ⚖️
Use Stop-Loss: To protect your capital, place a Stop-Loss below the nearest support level. This helps minimize risk if the price doesn’t move as expected. 🔒
Reasonable Profit Target: Set your profit target at the next resistance levels, such as 113,000 USD, 115,000 USD, and even 120,000 USD, which is currently in focus. Always control the risk-to-reward ratio in every trade. 🎯
6. Conclusion 🎓
The Ascending Triangle pattern is a powerful tool for identifying trading opportunities. However, it’s important not to rush into a trade but to wait for confirmation from the market before making a decision. Always remember to manage risk appropriately and follow your trading strategies.
Now, it’s your turn to apply this knowledge in practice. Please like this post if you’ve understood everything and are looking forward to the upcoming lessons—it will be a huge motivation for me. 👍
Wishing you all the best on your journey to becoming an expert! 🌟 Trade safely! 🛡️
XAUUSD – Is a Reversal Coming?Gold is approaching a key level in the Crab pattern and may face a short-term reversal. The current price around 3,635 USD might struggle to break through the resistance level. According to the analysis, gold could potentially pull back to support levels at 3,560 – 3,440 USD.
👉 What do you think about the current situation of gold? Will the price reverse before continuing the upward trend? Share your thoughts in the comments!
Market Tests Strong Support – Target 0.7984OANDA:USDCHF The market has dropped significantly recently and is now testing a strong support level, which I’ve been watching for a while. This support level seems to be causing some interesting price movements. As the price stabilizes in this area, I’m starting to think about the opportunities it might offer. This could be a good time to enter, using both candlestick patterns and volume behavior to guide the decision.
Target 0.79840
What do you think? Feel free to share your thoughts in the comments! Joining the TradingView community can help improve your trading skills.
This isn’t financial advice, just sharing my thoughts on the chart. Trade safely
BTCUSDT – What’s the Next Trend?👋Hello everyone, what are your thoughts on BINANCE:BTCUSDT ?
Although the price weakened at times following U.S. economic reports, buyers managed to defend the 110,000 USD support, which is considered a positive signal. However, overall momentum has been limited since the last strong rally. Sideways movements have continued up to now, with Bitcoin currently trading around 111,100 USD.
On the H1 chart, BTC is moving inside a box, forming an accumulation pattern. The preferred strategy is to look for buy and sell opportunities around support and resistance levels. In case of a breakout, it’s safer to wait for a pullback before entering.
And you—what do you think about BTCUSDT’s trend? Share your thoughts in the comments or leave a like if you agree with my view.
Technical Analysis: Is Gold Targeting 4000 USD?👋Hello everyone, what do you think about the trend of OANDA:XAUUSD ?
Here’s my medium to long-term view:
In recent weeks, U.S. economic data has shown a weakening labor market, with the latest NFP coming in below expectations. This increases the likelihood that the Fed will cut interest rates, driving more safe-haven flows into gold. As a result, gold has made new history, currently trading around 3650 USD.
From a technical perspective, the trend is moving in line with Dow Theory. On the D1 chart, the bullish structure remains intact. Price has completed wave 1 and its correction, and is now in the process of forming the next impulsive wave to extend the uptrend.
According to Elliott Wave, gold has already formed waves (1) and (2). Wave (3) is developing and could soon move into a mild wave (4) correction before advancing to wave (5). My target is the psychological level of 3700 USD, with potential extension toward the 4xxx zone.
In the short term, the 3,545–3,560 USD range is the nearest support. If it breaks, price could retreat to the 3,450 USD area, which would act as a medium-term accumulation zone.
Given the current trend, the strategy is to buy on pullbacks, with scalping also a reasonable option. Always manage risk carefully with proper TP and SL .
⭐️This is just my personal view based on technical analysis. Gold is also influenced by news, so this is not investment advice, only a perspective on the precious metal. If you have any thoughts or interesting ideas, feel free to share them in the comments!
Good luck!
GBP/JPY – Testing Strong Resistance at 200.200👋Hello everyone, what do you think about the trend of OANDA:GBPJPY ?
Today, this pair is facing strong resistance around the 200.200 level, a key area that needs to be broken for further bullish momentum. After forming a gap and a corrective move to fill it, GBP/JPY could continue its upward trend if it leverages the strength from the trendline support.
As long as the trendline holds, the buy strategy remains favorable. Pay close attention to price action around this level to find safe trading opportunities.
What are your thoughts on GBP/JPY? Share your opinions in the comments!
Gold Technical Analysis – Is a Pullback Coming?Hello everyone, Ken here!
Looking at the chart, gold is still trading within a clear rising channel, but the price has now moved up to the upper boundary. This is an area where profit-taking pressure often appears and can act as dynamic resistance.
If buying momentum weakens, the market is likely to see a short-term correction toward the support zone around 3,630 USD. If buyers defend this level, the bullish trend can continue. On the other hand, if support is broken, gold may retreat further toward the lower boundary of the channel.
The key is to watch candlestick signals and volume at these critical levels. Careful risk management should always be the top priority before making decisions. Trade safe!
Latest Gold Price Update Today👋 Hello everyone , what are your thoughts on OANDA:XAUUSD ?
After Friday’s impressive breakout, gold is now showing signs of a pullback at the upper resistance zone, forming lower highs and currently trading around 3590 USD.
The main scenario still favors the bullish side, but I believe a correction is likely before the primary uptrend resumes. That’s the reason behind today’s retracement. The first key support to watch is 3577 USD, followed by the 3565 – 3560 USD zone.
And you—do you think gold will pull back further or continue its rally? Leave your thoughts in the comments and give this post a like if you agree with my view.
Good luck!
EUR/USD – Approaching Key ResistanceHello traders,
FX:EURUSD continues its strong recovery, breaking above 1.1700 and moving toward multi-week highs. The main driver is the weakening U.S. dollar, after August’s Non-Farm Payrolls came in at just 22K jobs, far below expectations of 75K and the previous 79K.
On the D1 chart, the pair holds a solid uptrend with strong support from the rising trendline and EMA34/EMA89. The next key challenge lies in the 1.1800 resistance zone. A clear breakout could open the way toward 1.2000 in the medium term.
As long as price stays above the trendline, the bias remains bullish. Waiting for a confirmed breakout offers a safer entry for buyers.
👉 What’s your view on EUR/USD’s next move?