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Latest EURUSD Strategy Update TodayHello everyone, what do you think about FX:EURUSD ? EUR/USD experienced notable volatility, driven mainly by key economic data from both the Eurozone and the U.S. In the Eurozone, the service PMI showed a slight recovery, but it still fell short of expectations, raising doubts about the sustainability of economic growth in this sector. In contrast, U.S. labor market data showed a slower pace of new job creation, but still exceeded forecasts. This increased the likelihood of the Federal Reserve maintaining a more aggressive stance on interest rates. These factors led to sharp movements in EUR/USD, with continuous ups and downs. Currently, the pair is trading around 1.164, moving below the trendline and showing some consolidation near the EMA 34. Without a clear candle close above the trendline, the preferred strategy remains to sell at the upper limit and buy at support (around the EMA 89). Do you agree with this view? Feel free to share your thoughts in the comments below. Good luck with your trading!
by Kevinn_Nguyen
18
NZD-USD Will Keep Growing! Buy! Hello,Traders! NZD-USD is going up And the pair made a bullish Breakout of the key horizontal Level around 0.5880 and the Breakout is confirmed so We are bullish biased And we will be expecting A further bullish move up On Monday! Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TopTradingSignals
1
XAUUSD: Price Rebound from Support line to $3440Hello everyone, here is my breakdown of the current Gold setup. Market Analysis From a broader perspective, we've seen a clear shift in control on the chart. The market successfully reversed a prior downtrend by breaking out of a Downward Channel. This breakout was significant and has established the current bullish market structure, which has been guiding the price higher. This new bullish phase has formed a well-defined Upward Wedge. The price has been respecting its boundaries, making higher highs and higher lows. Currently, the price is undergoing a corrective pullback and is testing the ascending support line of this wedge, which aligns with the Support zone around the 3390 level. My Scenario & Strategy My scenario is built on the expectation that this upward wedge structure will remain intact. The current pullback to the support line presents a classic opportunity within an established uptrend. I'm anticipating a clear bounce from the current support zone. This should initiate a rally back towards the wedge's resistance line. The key part of this scenario is that I expect the buying pressure to be strong enough to force a breakout above that resistance, signaling an acceleration of the trend. The primary target for this breakout scenario is 3440 points. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDLong
by Ratner
4
Tesla (TSLA) — Symmetrical Triangle Breakout IdeaSummary Pattern: Symmetrical triangle on daily chart. Expected timeframe for breakout: Within 1–2 weeks. Targets: $367 on an upside breakout; $273 on a downside breakout. Risk management: Use a stop-loss just outside the triangle after breakout confirmation; position size per your risk rules. Setup & Rationale A well-defined symmetrical triangle has formed on TSLA’s price action, characterized by converging trendlines connecting lower highs and higher lows. Volume has contracted inside the pattern, consistent with consolidation. Symmetrical triangles are neutral continuation/reversal patterns; the breakout direction provides the trading signal. Key technical points: Price is approaching the apex, increasing the likelihood of a decisive breakout in the next 1–2 weeks. Volume decline during the consolidation and a volume spike on breakout would confirm conviction. The breakout should be taken after a daily close beyond the upper or lower trendline (or after a retest), not merely intraday probes. Entry Criteria Upside trade: Enter long on a daily close above the upper trendline (or on a confirmed retest). Downside trade: Enter short on a daily close below the lower trendline (or on a confirmed retest). Targets & Measurement Measure the pattern height (vertical distance between the initial high and low of the triangle) and project it from the breakout point. Upside target (projected): $367. Downside target (projected): $273. Adjust targets proportionally if you use a measured move from the actual breakout point rather than the pattern’s maximum height. Stops & Risk Management Place stop-loss slightly outside the opposite trendline or beyond a recent swing point to avoid false breakouts. Preferred approach: fixed-risk percent per trade (e.g., 1–2% of portfolio) and scale position size accordingly. Consider tightening stops to breakeven after price clears ~50% of the distance to the target. Confirmation: daily close beyond trendline plus above-average volume (up or down depending on direction). Symmetrical triangles are neutral; false breakouts occur. Wait for confirmation. News, earnings, or market-wide events can invalidate technical setups quickly—monitor catalysts. Adjust targets/stops if volatility expands or if the breakout lacks volume confirmation.
NASDAQ:TSLA
by dPEngineering
2
XAUUSD Shines Bright: Safe-Haven Demand Lifts GoldHello everyone, what are your thoughts on OANDA:XAUUSD ? Yesterday, XAUUSD continued its impressive recovery, with the precious metal trading as high as 3,393 USD and still holding around 3,387 at the time of writing. This sharp rally from near 3,350 up to almost 3,400 is largely driven by the broad sell-off in the U.S. Dollar (USD) and weaker short-term U.S. Treasury yields. These factors boosted safe-haven demand for gold as investors shifted capital into the metal. This week, the market will focus on the upcoming U.S. Personal Consumption Expenditures (PCE) report, due on August 29. As the Fed’s preferred inflation gauge, this data will be crucial in shaping expectations for potential Fed rate cuts, which could further influence gold’s direction. I remain optimistic on gold’s outlook, with my analysis targeting resistance at 3,400 – 3,415 and support in the 3,350 – 3,360 zone. The short-term trend still favors the upside. What do you think about XAUUSD? Share your view!
OANDA:XAUUSDLong
by Kevinn_Nguyen
23
BTCUSD – Bearish Trend ? Hello traders! Let’s take a closer look at BITSTAMP:BTCUSD ! Recently, we’re seeing clear signs of a potential reversal after BTCUSD formed a double top pattern, and the EMA 34 and EMA 89 have crossed each other. Breaking the support level around the previous key zone has strengthened the bearish momentum, potentially triggering a further decline towards the next support level near 103,500 USD. However, I’m also watching for possible reversal signals at these support levels. If BTCUSD holds above 103,500 USD and forms a higher low, we may see the bulls make a comeback. 🔴 Key Levels to Watch: Resistance: 114,000 USD Support: 103,500 USD EMA Crossover: Strong Bearish Signal Stay alert and be ready for potential market shifts! Will the bulls step in at 103,500 USD? Or will the bears continue to dominate? Let me know your thoughts and happy trading!
BITSTAMP:BTCUSD
by Kevinn_Nguyen
19
GBPUSD: Will It Bounce from Support or Breakout Soon?Hello, great to be back and discuss FX:GBPUSD with you all. Here’s my take on this currency pair. Currently, GBPUSD is moving around 1.345, continuing to trade within a narrow range between the trendline and an important support level. In the short term, the current downtrend is expected to extend towards the support zone, where a potential bounce could occur. As long as the price remains within this range, the optimal strategy is to buy near the support and sell when the price reaches the trendline. What do you think about GBPUSD? Feel free to share your thoughts in the comments!
by Kevinn_Nguyen
9
K-Pop: Demon Hunters to Drive Netflix Higher?The recent success of global hits like K-Pop: Demon Hunters and strong fundamentals give the stock a tailwind, and technically, the corrective and consolidative phase appears to be maturing. Netflix is consolidating between $1198 and $1243, after rebounding from the $1,144 support level, which has proven to be a strong floor following the sharp correction from the $1341 high. Price is currently trading under the 50% Fibonacci retracement of the last down leg. The structure suggests that the market is in a decision phase. The RSI on the 4H timeframe is stabilizing in mid-range territory. If the price continues to hold above $1198, this keeps the bias bullish. A breakout above $1243 would likely trigger a move and possible retest of the prior high near $1341. In my view, the most probable scenario is a move higher as long as the support holds. My projection is for a period of consolidation, followed by a breakout toward $1340 in the coming weeks, provided $1198 is not broken.
NASDAQ:NFLXLong
by JinDao_Tai
GBPNZD: Trend ContinuationAugust has been a slow month, which I'm hoping volatility with pick up in September. While most pairs have been ranging, GBPNZD has a relatively cleaner trend. Daily Timeframe: Over on the daily timeframe, price crossed above a key level that it held below for several months. After crossing up, it found another minor resistance level, which it made another clean break above. Given the clean breakouts above the resistance levels, this is an indication that the market is pretty one sided. We're not seeing fakeouts or any other indications that sellers still want control. Hourly Timeframe: The intraday timeframe is used to optimized my proposed entry. There are two key details here. The EMA20 is crossing above EMA 60, which is an indication confluence where the intraday trend is aligned with the daily trend. The pink trendline helps indicate the end of the counter-trend movement. When price crosses above this trendline, it also indicates that I can expect further upside (or that it's very likely).
Long
by FinancialGamblR
Revenge on the mind? The Most Expensive Trade You'll Ever TakeThe most expensive trade isn’t that first loss of the session. It’s the second one, the one you took trying to get it back. The chart here is one of a sideways consolidation. Easy in hindsight right? But if you're a break out trader, or one that is looking to get involved but is caught in the noise - it's easy to get collected and feel irritated and out of sorts. How it shows up in behaviour is that one might increase size - double down - move stops (to name but a few examples). That moment of being picked off feels electric: You’re angry at the market. You want to erase the red. You convince yourself the setup is “still good.” But it isn’t trading anymore. It’s revenge. I’ve seen traders burn accounts this way. It doesn’t matter whether you’re trading a $1k retail account or a $10M book, the loop looks the same. Here’s the truth most won’t admit: 👉 Losing isn’t the problem. 👉 How you react to the loss defines your career. So how do you break the loop? Three quick checks: The Pause Rule : After a loss, step away for 5 minutes. If you feel an urge to “get it back,” you’re not trading you’re reacting. Take a walk. Breathe. Let that urge simmer down. The Red Line: Decide before you start how many trades or a max loss per session you’ll allow. Hit that line? Walk away. Live to trade another day. The Reset: Write down what just happened, in one sentence. Putting it on paper shifts you out of the emotional loop and back into analysis. If you’ve felt the pull of revenge trading, hit follow this is where we break down the emotional traps behind every chart. Let me know if you've experienced this too. Please note - this is not a Trade Idea. I'm exploring the mindset behind trading using this chart as an example.
Education
by soda8888
4
XAUUSD – Eyeing the 3,400 BreakoutHello everyone, Kevin here – let’s take a look at OANDA:XAUUSD ! Gold has just staged an impressive rebound, moving close to the 3,400 USD level after a period of accumulation. On the chart, a potential “cup” pattern is taking shape, with the key target being the trendline – a critical technical factor to watch. Key supports at 3,330 USD and 3,290 USD remain intact, highlighting strong buying pressure on pullbacks. The preferred strategy is still to follow the bullish trend. In addition, the Fed’s recent remarks on interest rates continue to lend support. If price breaks decisively above the trendline around 3,400 USD, momentum could expand further toward 3,420 – 3,450 USD, which is also my target this time. And you – what’s your view on XAUUSD’s trend? Drop your thoughts below and let’s discuss!
OANDA:XAUUSDLong
by Kevinn_Nguyen
19
EUR/USD – Can the Bullish Momentum Hold?Hello everyone, what do you think about FX:EURUSD ? EUR/USD surged strongly earlier, breaking out of the descending channel and forming a new high. However, strong demand for the US dollar made buyers cautious on Monday, causing the pair to give up most of Friday’s Powell-driven gains. On the chart, after the sharp rally, sellers immediately stepped in, pushing the pair back to previous lows and filling the FVG. Currently, the price is hovering around the final short-term support zone – the very base that fueled the prior breakout. If this support holds, we may once again consider opportunities above the 1.173 level. Do you think EUR/USD can maintain its bullish momentum? Leave your thoughts in the comments!
by Kevinn_Nguyen
15
USDCAD – Short-Term Bullish Trend Following Political NewsHello, it's great to be back with everyone. Today, the OANDA:USDCAD pair is in an interesting phase. After a strong rally, the price has corrected and, at the time of writing, the pair is trading around 1.385, finding support from the area marked on the chart. Recently, the news of U.S. President Donald Trump firing Fed Governor Lisa Cook has put light selling pressure on the Loonie. This event could strengthen the USD against the CAD as the market concerns the stability of U.S. politics and Fed policies, leading to a short-term bullish trend for USDCAD. Keep an eye on the key levels to look for suitable trading opportunities.
by Kevinn_Nguyen
NZDCHF: Downtrend MomentumSimilar to NZDCAD, there's a very similar signal on NZDCHF. Daily Timeframe: Unlike with NZDCAD, price broke through support very cleanly. It is currently holding below with no indication of a fakeout. Likewise, EMA20 remains firmly below EMA60, which is the other indication that this is a downtrend. Hourly Timeframe: I use an ascending intraday trendline to indicate when the counter-trend movement is coming to an end. As price breaks below the intraday trendline, that's a good indication of confluence in the overall trend direction. The EMA crossover is not great, which is a little bit of a concern to me. Will need to reduce risk and potential scale into a position depending on how this trade goes.
Short
by FinancialGamblR
S&P (CASH500) | 30min Inverse Head & Shoulders | GTradingMethodHello Traders. Welcome to today’s trade idea by GTradingMethod. 🧐 Market Overview: Following Friday’s sharp rally after Jackson Hole, the S&P 500 may be forming a bull flag. If confirmed, this setup could drive an equal measured move higher, with the inverse head & shoulders pattern acting as a potential breakout structure. 📊 Trade Plan: Risk/Reward: 3.6 Entry: 6460.1 Stop Loss: 6453.8 Take Profit 1 (50%): 6481 Take Profit 2 (50%): 6489 💡 GTradingMethod Tip: Always wait for confirmation of breakout patterns to avoid false moves. 📌 Please note: This is not financial advice. This content is to track my trading journey and for educational purposes only.
OANDA:SPX500USDShort
by GTradingMethod
USDJPY Faces Limited Upside Amid Fed and BoJ SignalsThe FX:USDJPY pair edged higher after losing about 1% in the previous session and is now trading around 147.22. However, the upside momentum may be capped as the Japanese yen (JPY) could regain strength following hawkish comments from Bank of Japan Governor Kazuo Ueda at the Jackson Hole symposium on Saturday. Additionally, USD/JPY may come under renewed pressure as the U.S. dollar (USD) faces challenges due to the increasing likelihood of a Fed rate cut in September, stemming from Fed Chair Jerome Powell’s dovish remarks at Jackson Hole on Friday. From a technical perspective, USDJPY recently marked its decline with a sharp, vertical bearish candle. A retracement is currently underway, but sellers still hold the advantage as the EMA 34 and 89 have turned bearish, and the 0.5 – 0.618 Fibonacci retracement zone has yet to be broken.
by Kevinn_Nguyen
3