XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Following the release of the U.S. Non-Farm Payrolls (NFP) data on Friday, gold surged to the 3600 level before entering a corrective phase from that resistance.
We expect this pullback to extend further, potentially reaching lower support zones in the short term.
If gold finds support and reacts positively, a new bullish wave may begin.
A confirmed breakout above the 3600 level would open the door for a move toward the next key resistance around 3700.
As long as gold holds above the key support area, this bullish scenario remains valid.
Don’t forget to like and share your thoughts in the comments! ❤️
Forexsignal
CHFJPY: Another Bearish Confirmation 🇨🇭🇯🇵
2 out of 3 gaps that we traded yesterday were filled.
The one that is still missing is on CHFJPY.
This morning, I see another bearish confirmation that was formed
on higher structure levels - a neckline breakout of an inverted cup & handle pattern.
With a high probability, the price will drop to our projected target soon.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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.
Mitrade
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.
----------------------------------------------------------------------
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSDHello Traders! 👋
What are your thoughts on XAUUSD?
Gold has been moving within a medium-term ascending channel and recently managed to break above a major resistance area that had previously rejected price multiple times.
Currently, the price is facing a psychological and technical barrier at the $3500 level, acting as the next resistance.
Price is expected to consolidate slightly below $3500 before attempting another push higher.
As long as price holds above the broken resistance and stays within the ascending channel, the bullish outlook remains valid.
A successful breakout above $3500 could open the path toward targets at $3600 – $3700-$3900 in the medium term.
Don’t forget to like and share your thoughts in the comments! ❤️
Positive factors for gold and silver as safe-haven assetsUS economic data released on Wednesday showed a weaker JOLTS report on job vacancies. The report (June data) showed that US job vacancies fell to 7.437 million, down slightly from the previous month and the lowest level since April.
The report also showed that the labour market is slowing, with fewer people being hired. This is good for the doves in US monetary policy and also supports gold and silver bulls.
Global bond yields are rising (prices are falling), mainly due to concerns about inflation, government debt sales and fiscal discipline. This is also a positive factor for gold and silver as safe-haven assets, although capital gains are not a positive factor in themselves.
U.S. Treasury yields rose, with the 30-year bond now approaching 5%, while yields in the U.K., Australia and Japan also rose.
The sell-off reflected traders’ concerns about large government spending and the risk of inflation, with Bloomberg’s gauge of global bond yields down 0.4% on Tuesday.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Potential bearish drop off?EUR/AUD has rejected off the resistance level, which is an overlap resistance that aligns with the 38.2% Fibonacci retracement, and could drop from this level to our take profit.
Entry: 1.7938
Why we like it:
There is an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.8141
Why we like it:
There is a swing high resistance level.
Take profit: 1.7683
Why we like it:
There is a swing low support.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZDUSD H4 | Bearish Reversal at 61.8% Fib ResistanceThe Kiwi (NZD/USD) is rising towards the sell entry, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to the take profit.
Entry is at 0.5920, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement.
Stop loss is at 0.5983, which acts as a swing high resistance.
Take profit is at 0.5866, which is a pullback support that lines up with the 61.8% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPUSD – PCE Data Could Set the Breakout🔹 Market Context
Traders are waiting for the US PCE Price Index today.
Forecasts suggest the data will likely be unchanged from the previous month, which could give the USD slight strength in the short term.
GBPUSD is now trading inside a symmetrical triangle, and PCE may act as the catalyst for the breakout.
🔹 Technical Outlook (H2 Chart)
Support zone: 1.3430 – 1.3450 (demand + trendline confluence).
Next key support: 1.3340 – 1.3350.
Resistance zones: 1.3550 – 1.3580 and 1.3660.
Scenarios to Watch:
1️⃣ Bullish Setup
If price holds above 1.3430 – 1.3450 and breaks the triangle resistance →
Targets: 1.3550 – 1.3580, then 1.3660 if momentum continues.
2️⃣ Bearish Setup
If PCE data boosts USD and GBPUSD breaks below 1.3430,
Downside targets: 1.3340, with extension toward 1.3300.
🔹 Trading Plan (reference only)
Buy Zone: 1.3430 – 1.3450
SL: 1.3400
TP: 1.3550 – 1.3580 → 1.3660
Sell Zone: break below 1.3430
SL: 1.3480
TP: 1.3340 → 1.3300
✅ Summary: GBPUSD is at a make-or-break level. The 1.3430 pivot zone is the key to watch ahead of PCE. A bounce from here favors bulls toward 1.3550+, while a breakdown could trigger a deeper move into 1.3340.
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.
----------------------------------------
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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.
------------------------------------------
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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.
-----------------------------------------------
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold XAUUSD market analysis Gold #xauusd technical analysis. Price is bouncing off trend lines as support and resistance. Price is at resistance levels and should continue to drop down to support levels at the 3380 area. If you are forex trading gold #xauusd the short is short term goal. If you are trading futures we are still in a bull market overall direction is up. We will see the market retrace here back to our support trend lines.
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) .
-----------------------------------
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.
-----------------------------------
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.
Gold - M30 Buy SetupOANDA:XAUUSD TVC:GOLD
Timeframe: m30
Risk Level: Low-Medium
🔹 Setup:
Price is testing the boundary of the ascending channel and retesting the support @ 3350
📈 Entry:
Current price zone: 3360-65
🎯 Targets (TP):
TP1: 3375
TP2: 3385
TP4: 3410
TP6: 3430
⛔ Stop Loss (SL):
3349
H4 Overview:
PEPPERSTONE:XAUUSD
#XAUUSD #GOLD #Buy #Signal #MJTrading
Psychology Always Matters:
EUR/USD: Euro Rally to 1.197 on the Horizon? FX:EURUSD is poised for a bullish move on the 4-hour chart , with an entry zone at 1.165 near a solid support zone .
First target at 1.1875 marks initial resistance, while the second target at 1.197 aligns with a key psychological level. Set a stop loss on a 4-hours close below the 200 EMA to manage risk effectively.
A break above 1.17 with strong volume could spark this rally, driven by Eurozone data and USD softening. Keep an eye on ECB statements and U.S. economic releases as potential catalysts.
Ready to catch this wave? Share your thoughts below!
#EURUSD #ForexTrading #TechnicalAnalysis #TradingView #CurrencyPairs #DayTrading #MarketSignals