XAUUSD At Critical PRZ: Will Gold Reverse or Break to New Highs?Hello Traders And Investors
XAUUSD At Critical PRZ: Will Gold Reverse or Break to New Highs? 🔥”
The recent price action on Gold (XAUUSD) has reached a very critical level near $3,586 – $3,600, which aligns with a strong resistance zone. This area is marked as a Potential Reversal Zone (PRZ), where sellers may step back into the market.
🔍 Market Structure Breakdown:
Previous Liquidity Sweep
Price collected liquidity below the July lows before forming a Higher Low at the start of August.
This move gave the market strength to push higher, creating a clean bullish structure.
Strong Impulsive Rally
From mid-August onwards, gold showed a strong bullish impulse, breaking through minor resistance levels without much pullback.
However, such parabolic moves often lack sustainability, making them vulnerable to a healthy correction.
Resistance & PRZ Reaction
The current resistance zone has historically acted as a strong rejection level.
Price tapping into this zone suggests exhaustion in bullish momentum, increasing the probability of a short-term pullback.
🎯 Target Zones for Downside Move:
1st Target: $3,480 – $3,500
This area coincides with a previous demand block and will act as the first reaction point.
Final Target: $3,330 – $3,320 (Key Support)
If bearish momentum sustains, price could revisit this major support, completing the correction phase before potentially resuming the broader uptrend.
Forexanalysis
Fundamental & Technical Analysis: EUR Weakness vs Strong JPY!Today, I want to review the EURJPY ( OANDA:EURJPY ) short position from a fundamental and technical perspective and see if we can profit from this analysis.
Fundamental Analysis:
1. Economic Weakness in the Eurozone
Recent economic data indicate weakness in the Eurozone economy. For instance, retail sales in the Eurozone increased by only 2.2% in July, falling short of expectations. Additionally, inflation rates in the Eurozone are declining, suggesting weak demand in the economy.
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2. European Central Bank's Monetary Policies
The European Central Bank is considering interest rate cuts to support the economy. Such policies could lead to a depreciation of the euro, presenting opportunities for short positions.
3. Economic Strength in Japan
In contrast, Japan's economy is showing signs of improvement. Positive economic data, including increased industrial production and exports, indicate economic growth in Japan. This could lead to a strengthening of the Japanese yen and a decline in the EURJPY pair.
4. Bank of Japan's Monetary Policies
The Bank of Japan continues its accommodative monetary policies, including negative interest rates and extensive asset purchase programs. These measures help mitigate downward pressure on the yen, supporting its strength.
Conclusion
Considering the economic weakness in the Eurozone and the economic strength in Japan, the EURJPY pair is likely to experience a downward trend in the short term. This fundamental analysis supports a short position on EUR/JPY.
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Now, let's examine the EURJPY chart on the 4-hour time frame with technical analysis tools .
EURJPY is currently moving in the Resistance zone(173.420 JPY-172.660 JPY) and near the Monthly Resistance(1) .
From the Elliott wave theory perspective , it seems that EURJPY has managed to complete the microwave C of the main wave y of the Double Three Correction(WXY) .
I expect EURJPY to continue its downward trend in the coming hours and at least decline to the Support lines(First Target) .
Second Target: 171.760 JPY
Third Target: Lower lines of the Ascending Channel
Stop Loss(SL): 173.640 JPY
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/Japanese Yen Analysis (EURJPY), 4-hour Time Frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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XAUUSD Update – Resistance Rejection and Market Structure Shift"XAUUSD Update – Resistance Rejection and Market Structure Shift
Price Action: Gold has recently tested the 3550 – 3600 resistance zone, where the market showed signs of rejection. This level represents a significant supply area formed by previous liquidity grabs.
Market Structure: After a strong bullish impulse, the current price behavior suggests a possible correction phase. The rally left behind areas of imbalance that could attract price back downward.
Key Observation:
The first reaction zone sits around 3480, which aligns with a structural support level from past consolidation.
A deeper correction may extend toward the 3330 – 3320 support region, a critical level where historical demand has been observed.
Context: Liquidity above recent highs has been taken, and the chart now shows potential for retracement to restore balance before determining the next directional move.
USDCAD Long Setup: From PRZ to Resistance LinesToday, I want to review the USDCAD ( OANDA:USDCAD ) long position with you.
USDCAD has reacted well to Support lines and the Potential Reversal Zone(PRZ)(1.373 CAD-1.370 CAD) .
From the perspective of Elliott wave theory , it seems that USDCAD has completed the microwave 5 of the main wave C .
I expect USDCAD to rise to the Resistance lines in the short term.
Second Target: 1.3817 CAD
Stop Loss(SL): 1.3698 CAD
Please respect each other's ideas and express them politely if you agree or disagree.
U.S. Dollar/Canadian Dollar Analyze (USDCAD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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"Gold’s Critical Bounce Zone – Is $3,400 the Next Magnet Level?""Gold’s Critical Bounce Zone – Is $3,400 the Next Magnet Level?"
📊 XAUUSD is showing a textbook bullish structure setup after forming a Higher Low right above strong support at $3,339. Price is now trading inside the Entry Zone ($3,348 – $3,339), an area that aligns with:
✅ Order Block Support
✅ Previous Break of Structure (BOS)
✅ Smart Money Fair Value Gap (FVG) retest
🧐 Market Structure Insight
Recent BOS flipped bias to bullish after buyers pushed through prior resistance.
A bullish FVG from earlier in the trend still holds influence, attracting price back for a healthy retest.
The current Higher Low shows buyers stepping in early, maintaining upward momentum.
Strong resistance is located at $3,400 – $3,440, which also acts as a psychological magnet for traders.
🎯 Trade Plan (Educational Example)
Entry Zone: 3,348 – 3,339 📍
Stop Loss: below 3,339 🛑
Target 1: 3,380 🎯 (partial profits)
Target 2: 3,400 ⭐ (main target)
Extended Target: 3,420 – 3,440 💎
📈 Reward to Risk: ~1.6R to the main target, with potential 2.9R to extended resistance if momentum accelerates.
XAUUSD Professional OutlookXAUUSD Professional Outlook
Gold has been carving out a strong bullish structure, showing resilience after multiple liquidity sweeps and rejections from deeper zones. The chart indicates that buyers continue to dominate, with price currently pressing toward a critical resistance region.
🔹 Key Observations
Structure Alignment
The market has successfully defended every higher low, proving the strength of buyers.
Recent momentum confirms that demand zones are being respected while supply zones are gradually weakening.
Support & Demand Control
3320 – 3330 stands as a major structural support, where liquidity was swept and buyers re-entered aggressively.
Current buying zone around 3380 – 3400 is the short-term level where fresh orders may accumulate before continuation.
Resistance in Focus
The resistance block around 3415 – 3440 is the immediate test.
A rejection here could trigger a controlled pullback, but the probability favors a bullish breakout given the ongoing higher-low pattern.
Liquidity Dynamics
Smart money has already cleared liquidity below the July swing.
Market is now targeting liquidity pockets above, aligning with a push toward the 3440+ region.
🎯 Trading Scenarios
Bullish Case (Higher Probability)
Buy retracement toward 3380 – 3400, with upside targets at 3440 and extended 3480 – 3500 if breakout occurs.
Bearish Risk Case
Failure to hold above 3380 could push price back into 3320 demand, where the larger bullish thesis would be tested.
📝 Final Note
Gold is operating in a controlled bullish cycle with momentum favoring buyers. As long as 3320 holds firm, dips remain buying opportunities, and the path of least resistance is upward. The upcoming test at 3440 will be decisive for either a strong continuation or a temporary pullback
AUDUSD Bulls Wake Up | Long Setup After CPI ReportToday I want to share with you my LONG position on AUDUSD ( OANDA:AUDUSD ) on the pretext of the release of the CPI y/y index .
Let's take a look at the AUDUSD from a fundamental and technical perspective .
AUDUSD Fundamental Outlook:
Australia’s CPI surprised to the upside at 2.8% YoY (vs. 2.3% exp., 1.9% prev.), mainly boosted by higher electricity costs after rebates expired. Core inflation (trimmed mean) also rose to 2.7% , reducing the odds of a near-term RBA rate cut.
Short-term : Mildly bullish — strong CPI supports AUD as markets price out aggressive RBA easing.
Medium-term : Neutral-to-slightly bullish — sustainability of inflation is uncertain since part of the rise came from temporary energy factors.
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Now let's take a look at the AUDUSD chart on the 1-hour time frame .
AUDUSD is approaching the Potential Reversal Zone(PRZ) , the Support zone($0.6450-$0.6437) , the Yearly Pivot Point , and a Heavy Support zone($0.6440-$0.6338) .
In terms of Elliott Wave theory , AUDUSD appears to be completing a corrective wave . The corrective wave on the 1-hour time frame is most likely an Expanding Flat(ABC/3-3-5) .
I expect AUDUSD to start rising to at least $0.6490 .
Second Target: $0.6514
Stop Loss(SL): $0.6425(Worst)
Please respect each other's ideas and express them politely if you agree or disagree.
Australian Dollar/U.S.Dollar Analyze (AUDUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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GBPUSD Long Setup: Strong Services & Weak USD in FocusToday, we will examine the long position of GBPUSD ( OANDA:GBPUSD ) together from a fundamental and technical perspective .
Please stay with me.
GBPUSD Fundamental Analysis :
GBP Strength Signals:
CPI y/y: 3.8% vs 3.7% expected → higher inflation → less likelihood of rate cuts → supports GBP.
Flash Services PMI: 53.6 vs 51.8 expected → strong service sector → positive for GBP.
GBP Weak Signals:
Flash Manufacturing PMI: 47.3 vs 48.2 expected → contraction in manufacturing → short-term pressure on GBP.
USD Weak Signals:
US Unemployment Claims: 235K vs 226K expected → weaker labor market → negative for USD.
Summary:
Overall, data favors GBP over USD. Short-term to medium-term, GBPUSD is likely to show upside momentum, driven by strong services, higher inflation, and weaker USD labor data. Watch for upcoming US data or Fed comments that could change this bias.
Note: Flash Manufacturing/Services PMI will publish soon.
Note: Tomorrow, we will have Fed Chair Powell speak.
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Now let's take a technical look at the GBPUSD on the 4-hour timeframe .
GBPUSD is currently moving near the Heavy Support zone($1.343-$1.313) and Potential Reversal Zone(PRZ) .
In terms of Elliott wave theory , GBPUSD seems to have completed the corrective waves . The first signal to confirm the end of the corrective waves could be the break of the upper line of the descending channel . The corrective wave structure is most likely a Double Three Correction(WXY) .
I expect GBPUSD to rise to at least $1.357 AFTER the break of the upper line of the descending channel .
Second Target: $1.363
Note: Stop Loss(SL): 1.3326 USD = Worst Stop Loss(SL)
Please respect each other's ideas and express them politely if you agree or disagree.
British Pound / U.S Dollar Analysis (GBPUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Bearish Bat Pattern Forms – USDCHF Looks Ready to DropToday, I want to review USDCHF ( OANDA:USDCHF ) and lay out the fundamental and technical reasons supporting a Short position bias.
1-Fed policy expectations are the main focus — attention is on the Jackson Hole symposium and signals about the Fed’s path; this has tilted market pricing toward a less hawkish Fed.
2-Dovish bets weigh on the USD — markets are pricing in a softer Fed outlook (rate-cut expectations/pauses), which weakens the dollar.
3-CHF supported by safe-haven flows — amid global uncertainty, the Swiss franc tends to attract demand; SNB’s stance also matters for medium-term flows.
Fundamental takeaway: weaker USD (on Fed expectations) + safe-haven CHF demand = a reinforced bearish case for USDCHF in the short term.
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Now let's take a look at the USDCHF chart on the 4-hour time frame .
USDCHF is trading in the Resistance zone(0.819 CHF-0.804 CHF) and near the Resistance line .
It also looks like USDCHF could continue its downtrend with the help of the Bearish Bat Harmonic Pattern .
I expect USDCHF to decline at least to the Support lines .
Second Target: Support zone(0.783 CHF-0.767 CHF)
Note: Stop Loss(SL): 0.818 CHF
Please respect each other's ideas and express them politely if you agree or disagree.
U.S Dollar/Swiss Franc Analysis (USDCHF), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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EURCAD Divergence + Wave 5 Complete → Correction Ahead?EURCAD ( OANDA:EURCAD ) started to fall after entering the Potential Reversal Zone(PRZ) and hitting the Resistance line .
The question is whether EURCAD will continue to fall in the coming hours or not!!
EURCAD has already managed to break the Support lines and is moving close to the Support zone(1.612 CAD-1.600 CAD) .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
In terms of Elliott Wave theory , it seems that EURCAD has managed to complete the main wave 5 , and we should wait for corrective waves .
I expect EURCAD to drop to at least 1.601 CAD AFTER breaking the Support zone(1.612 CAD-1.600 CAD) .
Second target: 1.597 CAD
Third target: Support line
Stop Loss(SL): 1.626 CAD
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/Canadian Dollar Analyze (EURCAD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EURNZD Eyes 1.99 — Technical & Fundamental Bulls AlignedToday, I want to analyze EURNZD ( OANDA:EURNZD ) for you, which is in good shape both technically and fundamentally .
Please stay with me.
EURNZD is moving close to the Support zone(1.88750 NZD-1.7970 NZD) and 100_SMA(Daily) and has managed to form a Double Bottom Pattern .
From the perspective of Elliott Wave theory , EURNZD seems to have completed the main wave 4 , and we should wait for the main wave 5 . The main wave 5 could complete at the Heavy Resistance zone(2.120 NZD-1.9927 NZD) .
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EURNZD – Fundamental Analysis:
The EURNZD pair currently reflects a divergence between two very different economic outlooks.
Eurozone (EUR):
The European Central Bank (ECB) has recently begun cutting interest rates to support slowing economic activity, especially in the industrial and manufacturing sectors. Despite this dovish shift, inflation remains relatively under control, and the euro has held up well against riskier currencies thanks to global uncertainty and safe-haven flows.
New Zealand (NZD):
New Zealand's economy is under pressure. The latest GDP figures confirmed a weak growth outlook, and signs of a technical recession are mounting. While the Reserve Bank of New Zealand (RBNZ) has maintained a relatively hawkish tone, it faces a dilemma: inflation is sticky, but domestic demand and housing remain fragile. The RBNZ may be forced to soften its stance sooner than expected.
Outlook:
This fundamental backdrop supports a bullish bias for EURNZD. The euro’s relative stability versus the increasingly vulnerable New Zealand dollar makes this pair attractive for long positions — especially if upcoming NZ data disappoints or global risk sentiment weakens further.
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Based on the above explanation, I expect EURNZD to rise to at least 1.9917 NZD .
Note: Stop Loss(SL): 1.8779 NZD
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/New Zealand Dollar Analyze (EURNZD), Daily time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Update on the Nasdaq trade idea I shared last night.An update on the trade idea of NASDAQ last night where I was anticipating a buy from the marked zone with other possible Point Of Interested marked out aswell.
Price behaved exactly the way I was anticipating, even though it hasn't went really far as of yet.
Gold Eyes Short-Term Pullback Before Key Support Test"Gold Eyes Short-Term Pullback Before Key Support Test 🏆📉"
Market Structure
The chart shows a clear range-bound price action between the strong support near 3,303 – 3,316 and the resistance zone around 3,420 – 3,440.
Multiple Higher Lows (HL) indicate that the market has been trying to build a bullish structure, but the recent level rejection from resistance suggests sellers are still defending that zone aggressively.
2. Key Zones
Resistance (3,420 – 3,440): Price tested this level and faced a sharp rejection, marking it as a strong supply zone.
Support (3,303 – 3,316): Historical buy reactions are seen here, making it a crucial demand zone.
Entry Zone: Around 3,351 – 3,360, which is being used for the current short setup.
3. Pattern & Price Action
BOS (Break of Structure) occurred earlier on the left side of the chart, breaking above previous highs and confirming bullish strength at that time.
BOL (Break of Low) later on indicates a shift in momentum, as price failed to maintain the bullish push and created a bearish swing.
The Bullish Fair Value Gap (FVG) earlier provided a springboard for upward movement, but recent momentum failed to sustain.
4. Current Trade Idea (Short Bias)
Entry: 3,351 – 3,360 (retracement to minor resistance after breakdown).
Stop Loss: Above 3,380, protecting against a false breakout.
Target: 3,316 (mid-term) with a possible extension to 3,303 if bearish pressure continues.
5. Sentiment & Risk Factors
Bears are currently favored due to the rejection from major resistance and the inability of bulls to reclaim 3,380+.
If the price reclaims and holds above 3,380, this short setup will be invalidated, and the market could retest 3,420 – 3,440.
📌 Summary:
XAUUSD is trading in a defined range, with the current structure leaning bearish after resistance rejection. A short position from the entry zone targets the strong support below, but traders should remain cautious as higher lows in the past indicate that bulls may still attempt to defend support aggressively.
GBPAUD Reverses from Key Zone – Long Setup in Play!Today I want to share with you a Long position on GBPAUD ( OANDA:GBPAUD ).
GBPAUD started to rise well from the Important Support line , Support zone(2.032 AUD-1.987 AUD) , and Potential Reversal Zone(PRZ) and managed to close the 4-hour candle above 2.053 AUD (important) .
In terms of Elliott wave theory , GBPAUD seems to have completed the main wave 4 . The main wave 4 structure was a Double Three Correction(WXY) .
Also, along the way, we can see a Bullish Marubozu candle , which could indicate a continuation of the uptrend .
I expect GBPAUD to break the Resistance lines soon and attack the Resistance zone(2.078 AUD-2.066 AUD) .
First Target: 2.065 AUD
Second Target: 2.076 AUD
Note: Stop Loss(SL): 2.040 =Worst SL
Please respect each other's ideas and express them politely if you agree or disagree.
British Pound/ Australian Dollar Analyze (GBPAUD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GBPUSD Technical Breakdown – High-Probability Rejection Play📉 GBPUSD Technical Breakdown – High-Probability Rejection Play
🔥 Clean Structure | Strong Confluences | Smart Money Insight
This GBPUSD setup is a textbook example of price action meeting institutional behavior.
🧠 Key Observations:
• Break of Structure (BOS) identified multiple times confirming clear trend shifts.
• Price tapped into a well-defined resistance zone and showed an aggressive rejection, validating seller presence.
• Liquidity grab from the highs led to an immediate drop, marking the start of bearish momentum.
🎯 Target Zones:
• First TP: 1.33009
• Second TP: 1.32375
• Final Target: 1.31443 (aligned with major support zone and BOS retest)
🛡 Why This Setup Matters:
• Strong rejection from premium zone
• BOS confirms direction
• Volume and structure align for high RR potential
• Clean imbalance fill expectations
✅ Plan:
Sell from rejection zone with SL above the wick high. Trail stops as price approaches each target.
Technical Breakdown (Smart Money Concepts-Based)📊 Technical Breakdown (Smart Money Concepts-Based):
🔹 Market Structure:
Multiple Break of Structure (BOS) signals show a bullish shift in momentum, especially after the recent CHoCH followed by BOS at the current price zone.
Strong bullish confirmation after reclaiming previous liquidity zones, indicating institutional interest.
🔹 Liquidity and Zones:
Buy-Side Liquidity above $3,420 is likely the short-term institutional target.
Price has clearly reacted from a strong support block near the $3,260–$3,280 area, confirming demand and institutional accumulation.
The highlighted Bullish FVG (Fair Value Gap) aligns with a mid-level retracement zone—ideal for potential pullbacks before continuation.
🔹 Key Supply & Demand:
Resistance Zone (3,420–3,450): Contains weak highs and unmitigated FVG—prime liquidity zone for a sweep.
Strong Demand Zone: Around $3,260 has shown repeated reaction; the base of bullish moves.
Imbalance Fill & Rejection Expected in FVG near $3,420.
🔮 Projection & Scenario:
Expected pullback toward $3,340–$3,350, followed by bullish continuation.
Targeting liquidity sweep at $3,420, aligned with Smart Money accumulation and distribution logic.
Monitor for reaction at $3,420 for either a rejection or a clean breakout, confirming further upside.
✅ Conclusion:
This setup suggests institutional buy-side pressure with targets on resting liquidity around $3,420. Smart Money is likely driving price toward that level to grab orders before the next big move.
EURAUD Ready to Bounce? Key Support & Fundamentals Aligned!Today I want to share a Long position idea on EURAUD ( OANDA:EURAUD ) with you.
From a fundamental perspective , both the Euro (EUR) and Australian Dollar (AUD) are currently under pressure. However, the Aussie appears fundamentally weaker in the short term, making the EURAUD Long setup more favorable at this stage.
AUD Weakness :
The Reserve Bank of Australia (RBA) has held rates steady at 3.85%, but recent inflation data has dropped to 2.7%, the lowest in over 3 years.
Most economists now expect the RBA to cut rates in its next meeting in August, possibly by 25 basis points.
Slowing economic growth and dovish forward guidance from the central bank are weighing heavily on AUD sentiment.
EUR Outlook :
The European Central Bank (ECB) is also facing weak economic data, but is taking a more cautious approach toward cutting rates.
Despite softer PMIs and sluggish growth in countries like Germany and France, the ECB has not confirmed a near-term rate cut, keeping EUR relatively stable.
This divergence between the RBA’s dovish stance and the ECB’s pause is supportive of EUR strength against AUD.
Summary :
With the RBA likely to ease policy soon and the ECB holding ground for now, the interest rate differential favors EURAUD upside. Fundamentals point toward further weakness in AUD, making the EURAUD Long a strategically sound trade idea for the coming days.
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Now let's analyze the conditions of the EURAUD chart on the 4-hour time frame .
EURAUD is currently trading near the Support zone(1.772 AUD-1.763 AUD) , Potential Reversal Zone(PRZ) , and near the lower line of the descending channel .
According to Elliott Wave theory , EURAUD appears to have completed a Zigzag Correction(ABC/5-3-5) .
Also, we can see the Regular Divergence(RD+) between Consecutive Valleys .
I expect EURAUD to rise to at least 1.784 AUD .
Second Target: 1.792 AUD
Note: Stop Loss(SL): 1.762 AUD
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/Australian Dollar Analyze (EURAUD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
AUDNZD Technical + Fundamental Align for DownsideToday I want to analyze a short position on the AUDNZD ( OANDA:AUDNZD ) pair, first, let's look at it from a fundamental analysis perspective .
Fundamental View on AUDNZD
Key reasons to short AUDNZD:
Australian weakness:
Recent data show weakening consumer sentiment and declining building approvals. The RBA seems hesitant to hike further, putting pressure on the Aussie.
New Zealand resilience:
The RBNZ maintains a relatively hawkish stance. Inflation is still a concern, and the central bank is committed to keeping rates high, supporting NZD strength.
Monetary policy divergence:
The divergence between RBA’s dovish stance and RBNZ’s hawkish approach supports further downside in AUDNZD.
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Now let's take a look at AUDNZD from a technical analysis perspective on the 4-hour timeframe .
AUDNZD is currently trading in a Heavy Resistance zone(1.0963 NZD-1.0870 NZD) near the upper line of the Range Channel , Potential Reversal Zone(PRZ) and Yearly Pivot Point .
In terms of Elliott Wave theory , AUDNZD appears to be completing microwave B of microwave Y of the main wave 4 .
I expect AUDNZD to drop to at least 1.0904 NZD(First Target) based on the above explanation .
Second Target: 1.0886 NZD
Note: Stop Loss(SL): 1.0963 NZD
Please respect each other's ideas and express them politely if you agree or disagree.
Australian Dollar/New Zealand Dollar Analyze (AUDNZD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EUR/USD Elliott Wave Count Signals Downside TargetsThe EUR/USD chart is displaying a completed 5-wave Elliott impulse structure, suggesting the potential start of a larger corrective move to the downside. Wave 5 appears to have finished after a classic ending diagonal pattern, with price now breaking below the wave 4 support trendline — a strong confirmation of trend exhaustion.
Currently, price is retracing upward towards the 0.5–0.618 Fibonacci retracement zone of the last impulsive leg, around 1.15912–1.16383, which may serve as the final rejection zone for bears to re-enter. This area aligns perfectly with prior support-turned-resistance and is considered the potential reversal pocket.
If price holds below the 1.17869 invalidation level, the structure supports the beginning of an ABC correction or a larger bearish impulse.
Target 1 (T1): 1.14800
Target 2 (T2): 1.13915
Stop Loss (SL): 1.17869
This scenario remains valid as long as the price does not break above 1.17869. A clean break and close above this level would invalidate the bearish setup and suggest a possible wave extension.
GBPUSD: Selling the Retest | Clean Break, Wait for Confirmation🔻 GBPUSD | Sell the Retest of Broken Support
Timeframe: 1H
Bias: Bearish
Type: Break and Retest
📊 Technical Setup
GBPUSD has broken a key 4H support zone (~1.3460–1.3494) which now acts as a turncoat resistance. Price is currently pulling back, offering a prime opportunity to sell the retest.
• Entry: 1.3460–1.3490 (after confirmation of rejection)
• SL: Above 1.3508
• TP: 1.3398
• RR: ~1:2
• RSI: Bearish momentum, RSI < 50 with mild recovery—ideal for a fade trade
📉 Macro & Fundamental Confluence
• GBP: Despite hawkish BOE tone, GBP is showing technical weakness and soft CFTC positioning
• USD: Strong macro bias with rising conditional score and delayed Fed cuts (still supporting USD strength)
• Seasonal Bias: GBPUSD marked bearish in seasonal chart
• COT Data: GBP positioning turning bearish after previous net build-up
🧭 Gameplan
“Wait for the retest of broken support-turned-resistance to reject before entering short. Stick to the zone.”
🔔 Set alerts around 1.3460–1.3490 and monitor for bearish engulfing or pinbar confirmation.
XAUUSD – Strong Bullish Reversal from Key Support XAUUSD – Strong Bullish Reversal from Key Support
Chart Summary:
Gold (XAUUSD) has shown a clear reaction from a strong support zone near 3260, suggesting bullish momentum is gaining strength. The chart highlights multiple key market structure elements and confirms the potential for a bullish move.
Technical Highlights:
🔻 Strong Support Zone (3260–3280):
Price tapped into a well-defined demand zone with historical significance, initiating a bullish response.
🔺 Resistance Zone (3460+):
A strong resistance level lies ahead. This area may act as a potential target for bulls.
🔁 Break of Structure (BOS):
Multiple BOS marks on the chart indicate trend shifts and liquidity grabs. Most recent BOS aligns with potential reversal.
💹 Bullish Fair Value Gap (FVG):
A bullish FVG near mid-structure confirms institutional interest and adds confluence to the upside move.
📈 Target: 3,366.984 USD
Marked as the next probable short-term liquidity target. If momentum sustains, price may approach resistance above this.
Price Expectation:
If the current bullish momentum holds above the strong support zone, we may see a rally towards 3,366–3,400 USD.
This move could be driven by:
Buy-side liquidity grab above prior highs
Breakout traders entering above BOS
Reaction to macroeconomic calendar (highlighted on the chart)
✅ Educational Takeaway:
This is a textbook example of:
Support-resistance flip
Liquidity concepts (Buy-Side Liquidity)
Fair Value Gaps usage
Volume Profile confluence
GBP/USD Professional Analysis – “Trap Trigger at Support”GBP/USD Professional Analysis – “Trap Trigger at Support”
📈 Market Overview:
• Pair: GBP/USD
• Timeframe: Likely 1H or 2H based on candle spacing
• Date: July 28, 2025
• Current Price: 1.33529
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🔍 Technical Breakdown
🔴 Resistance Zone: 1.35800 – 1.36200
• Strong supply area where the last bullish impulse failed.
• Price got rejected hard, initiating a new downtrend.
• Sell-side pressure was confirmed with Supertrend turning red.
🟤 Support Zone: 1.32860 – 1.33400
• Major demand area where price previously reversed sharply.
• Currently being tested again after a clean sweep into the Trap Trigger zone.
⚠ Trap Trigger Zone (Liquidity Sweep Area):
• Price wicked just below support, tapping into a low-volume/high-liquidity area.
• This wick likely cleared sell-side liquidity and trapped breakout sellers.
• Followed by a bullish rejection wick, implying smart money accumulation.
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🛠 Indicators & Tools:
• Supertrend (10,3): Currently red, indicating short-term bearish momentum.
• However, if price closes above 1.34032 (Supertrend level), it could flip bullish.
• Volume Profile (VRVP):
• Low-volume node under support suggests a quick “stop hunt” move, not genuine selling.
• High-volume acceptance area sits higher, near 1.34500–1.35000.
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🎯 Forecast:
🔴 Bearish Invalidations:
• Price closing below 1.32860 with volume would invalidate this setup.
• That could signal continuation to deeper liquidity (1.32500 or below).
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🧠 Smart Money Perspective:
• Liquidity engineered beneath support
• Trap Trigger activated — ideal for institutional reversal setups
• This is a classic “Stop Hunt → Reclaim → Expand” model