EURUSD Retesting Broken Trendline - Bearish Targets AheadHello everybody!
EURUSD is on a key resistance area and the bullish trend is showing signs of weakness.
A strong upward trendline with several touchpoints has been broken.
Currently, price is pulling back to retest this broken trendline.
After that, we expect a decline with two possible targets: 1.15000 and 1.12000.
Manage your risk and trade safe!
Trend Lines
NAS100 - Stock Market Awaits Employment Data!The index is above the EMA200 and EMA50 on the four-hour time frame and is in its long-term ascending channel. If the upward momentum decreases, we can expect a correction to the demand range and buy Nasdaq in that range with an appropriate reward for the risk.
According to reports released over the weekend, UBS stated that there is a 93% probability of the U.S. economy entering a recession this year. This figure implicitly suggests that the country may already be in recession, though some analysts remain skeptical of such a direct conclusion. UBS’s projection is based on indicators such as personal income, consumption, industrial production, and employment.
The bank warned that the U.S. economy has reached “historically troubling levels,” though no outright collapse has yet occurred. Analysts at UBS described the economy as “weak, soft, and fragile,” while noting that a definitive declaration of recession has not been made.
In the United States, an official declaration of recession is the responsibility of the Business Cycle Dating Committee at the National Bureau of Economic Research (NBER), which typically makes such calls with a lag of 6 to 18 months after the recession has started. Their assessment relies on revised data covering GDP, employment, income, sales, and production, and they generally avoid premature decisions.
In the meantime, policymakers and markets tend to act on real-time indicators such as GDP estimates, jobs data, yield curve signals, and credit spreads. In practice, traders react more strongly to price movements than to formal definitions of recession.
Separately, Michael Feroli, chief U.S. economist at J.P. Morgan, dismissed Fed board member Steven Miran’s call for cutting rates to 2.5% or lower. The bank has maintained its forecast for gradual 25-basis-point cuts, targeting a range of 3.25% to 3.5% by early next year.
A potential Supreme Court case involving Fed board member Lisa Cook has also emerged as a “wild card,” since a ruling against her could undermine the positions of other members as well. J.P. Morgan has warned that politicization of the Federal Reserve would leave the institution more vulnerable to pressure from a Trump administration on monetary policy.
The U.S. dollar remained relatively strong this week, as investors continued to parse the Fed’s less-dovish stance. While the latest dot plot showed policymakers aligned with the market on two additional rate cuts this year, the median dot for 2026 pointed to only one more 25-basis-point reduction. By contrast, markets still expect as many as three cuts next year.
However, following Chair Jerome Powell’s cautious tone on Tuesday—emphasizing that the Fed must continue balancing the competing risks of elevated inflation and a weakening labor market—investors scaled back some of their bets.
Inflation risks remain significant. The OECD highlighted this week that the full effects of tariff hikes are still unfolding. What supports Powell’s cautious approach is that, despite signs of labor market weakness, the Fed’s own forecasts remain relatively optimistic, with economic activity showing resilience. The Atlanta Fed’s GDPNow model projects 3.3% growth for Q3.
Although last week’s inflation data failed to dampen market optimism for rate cuts—and equities continued their rally—the focus in the coming week will shift back to labor market conditions.
The week begins Monday with pending home sales data. On Tuesday, the JOLTS job openings report and the consumer confidence index will be released. Wednesday brings private-sector employment data from ADP, followed by the ISM Manufacturing PMI. On Thursday, weekly jobless claims will be published as usual.
All of these releases will build up to Friday’s critical nonfarm payrolls (NFP) report, widely seen as the market’s ultimate test.Investors will closely monitor whether recent labor market weakness persists, and whether the Fed can move another step toward a rate cut at the October meeting. Finally, the ISM Services Index will provide a more comprehensive picture of U.S. economic health.
Ahead of the jobs data, traders may also take note of remarks from several Fed officials, including Vice Chair Jefferson, New York Fed President Williams, Atlanta Fed President Bostic, Chicago Fed President Goolsbee, and Dallas Fed President Logan. The ADP and NFP releases on Wednesday will likely provide the first snapshot of September labor market performance.
3780-3790: A potential price reversal point; buy on dips.On Friday night, we expect gold to hit a new high of 3800-3810 after holding the key support of 3765-3755. At present, gold has broken through the expected target and is expected to move towards 3830.
The current geopolitical situation has worsened, and the new round of tariffs that came into effect on October 1st has continuously stimulated the market's risk aversion sentiment, causing investors to flock to the gold market to seek risk shelter. Today's news needs to focus on the U.S. trading session. Members of the U.S. Congress from both parties are negotiating on avoiding a government shutdown. The U.S. government faces the risk of shutdown. If it is not effectively resolved, this will affect the subsequent release of key data such as NFP CPI.
With the rising gold price, it has broken through previous resistance and reached a new high. The previous high of 3780-3790 has become a key level for a potential trend reversal. During the European session, if gold retraces to this range, we can consider buying gold with a target of 3820-3830.
What is seen in the silver chart!!!The prospect of $62 per ounce of silver is very much on the horizon, but will this price growth be as fast as the price of silver has ever seen? You can read the factors that contribute to the realization of this prospect after reviewing international articles, but I do not think it will be too early to reach this silver rate!
Gold is still on an upward path with a target of 3805$Gold has had a relatively good price correction after the upward trend and reaching the previous price targets and has compensated for some of this price correction at the time of writing!
If the price correction continues to the blue box area, it is still a good opportunity to reach the new price target in the area of $ 3,805 per ounce of gold.
GOLD → The hunt for liquidity ahead of growth FX:XAUUSD . Technical analysis for the new trading session. On Friday, the local correction ended and there was a strong bullish impulse, which was sold off by the end of the session. What to expect next?
Gold is trading in the upper half of the current trading range of 3728-3791. The US session initiated the end of the technical correction, which ended with a breakout of the consolidation resistance at 3755. A momentum of 300 pips was formed, and the price hit the local limit resistance zone of 3783, from which the market began to sell off. However, the current correction of the bullish momentum is not so scary in the current perspective, as MM is forming a retest of the zone of interest to capture liquidity in order to continue the bullish trend. Thus, a false breakdown of the support zone 3759 - 3755 or the ascending line may shift the momentum towards the bulls, which in turn may lead to growth to 3783 - 3791.
Resistance levels: 3783, 3791, 3800, 3810
Support levels: 3759, 3755, 3743
If, during the retest of the support zone, the bulls keep the price above the blue zone at 3759, this will be a positive sign confirming the bullish structure, which could lead to a price recovery and a retest of the ATH.
Best regards, R. Linda!
Gold Buys And downside levelsI’m expecting gold to go down a bit and get buy orders , if it goes down I’m expecting it to retrace down to 3650 this much retracement is normal in gold as it’s extremely volatile.
Selling these levels are also quiet easy if you see candle close below these levels sell and Target next downside level. For buying never buy directly wait for bullish candle to close above rejection candle for solid buys. And as it’s gold always expect the unexpected it might not go down to 3650 and we can even see 3800 before going down to get buy orders so trade safely , I’ll keep updating my entries here everyday.
Plus always keep eye on Trendlines
EURUSD InsightHello everyone, welcome back.
Please share your personal opinions in the comments. Don’t forget to like and subscribe.
Key Points
- The U.S. PCE Price Index for August rose 0.3% from the previous month and 2.7% year-on-year, while the Core PCE Price Index increased 0.2% and 2.9%, respectively, in line with market expectations.
- If the U.S. federal government fails to reach a budget agreement by October 1, a shutdown will take place. In this case, the release of the September Employment Report could be delayed, and if prolonged, even the September CPI release could be affected.
- According to the ECB’s consumer survey, one-year inflation expectations rose to 2.8% in August, up 0.2 percentage points from the previous month, while five-year expectations rose to 2.2%, up 0.1 percentage points.
Major Economic Events This Week
+ September 30: RBA interest rate decision, U.K. Q2 GDP, U.S. September JOLTS
+ October 1: Eurozone September CPI, U.S. September ADP Nonfarm Employment Change
+ October 3: U.S. September Nonfarm Payrolls, U.S. September Unemployment Rate
EURUSD Chart Analysis
After the recent decline, EURUSD seems to have found support around the 1.17000 level and is showing signs of recovery. If the pair can sustain this upward momentum, a rise toward the 1.20000 level could be expected. However, if downward pressure resumes at the current level, a retreat toward the 1.15000 level is possible. Therefore, close attention should be paid to the price action around the 1.17000 line.
XAUUSD- BUYPrice just broke out of a key downtrend, retested the 50% retracement zone, and is now pulling back into a strong demand block (blue box) sitting right on top of former resistance.
We’re seeing:
✅ Trendline break + retest
✅ Clean retracement into structure
✅ Bullish momentum after reclaiming the mid-range
🎯 Upside targets toward the -27% extension zone (around 3,800+)
This is a classic break–retest–continuation setup. As long as price holds above the 3,740 zone, I’m looking for buyers to step in and push higher.
📈 Bias: Bullish | 🕒 1H Chart | 💰 GLD / XAUUSD
Exide - A perfect inverse H&S?Till the price is above 600, inverse H&S pattern is valid.. If price breaks the trendline and closes below 600 on monthly basis, its a sign of worry. Stoploss should be below 600.
When a stock has to go up, it usually forms a double bottom. Its a similar case here in Exide where price touched 623 and now going back again to touch it.. Although it may get reversed from CMP as well.
GOLD (XAUUSD): More Growth is Coming?!
Gold was very bullish on Friday.
A formation of a buying imbalance candle accompanied by a confirmed
breakout of a significant intraday resistance suggest a strong bullish pressure.
With a high probability, the market will update the ATH again and will aim at 3800 psychological level.
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GBPUSD is in the Buying DirectionHello Traders
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GBPJPY is Holding above the Resistance Hello Traders
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DOGE the Buy signal soon will hit targetThe chart is clear and we are near major daily support zone + 0.5 Fibonacci support here all can pump the price easily to above 0.3$ once again and our target is definitely easy to hit if our support hold strong.
DISCLAIMER: ((trade based on your own decision))
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The market is ready to cook that 4X here on $SLPTake care and get ready the market here soon can make history of wealth.
i am expecting that pump happen ASAP here and also more gain will cook this time after breaking that red trendline resistance.
DISCLAIMER: ((trade based on your own decision))
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BOME fakeout to the downside and stop loss end time to fly As we can see we had a huge amount of dump here and i like these charts because explode and huge profits sometimes are in these charts and i think BINANCE:BOMEUSDT is now ready for one of those explosion to the upside.
breakout of this 0.0041$ can cause heavy pump and even more gain but for now it is our first target and take profit zone with +250% profit.
DISCLAIMER: ((trade based on your own decision))
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Gold opening operation strategy
News:
The core PCE price index, the Federal Reserve's preferred core inflation indicator, rose 0.2% month-over-month in August, in line with market expectations and down from the 0.3% initially reported in July (a figure that was revised downward to 0.2%). Year-over-year, the core PCE price index remained stable at 2.9%, indicating that inflation, while declining, remains above the Fed's 2% target.
The overall PCE price index rose 0.3% month-over-month in August, in line with expectations and higher than the 0.2% increase in July. The year-over-year increase also edged up slightly from 2.6% in July to 2.7% in August.
Specifically:
Friday's US market hit near 3784 before retreating, which is also our expected target.
The market closed at 3760, with the 4-hour chart showing a bearish pullback pattern. The daily chart formed a small bullish candlestick with an upper shadow on Friday, once again crossing above the moving average, indicating a potential for a secondary rally. The weekly chart also closed with a medium-sized bullish candlestick, indicating an overall bullish trend.
From the 4-hour analysis, short-term support below is around 3735-3740, with important support remaining around 3720. Short-term pressure above is around 3770-3780. Trading strategies should focus on buying on pullbacks. In the intermediate range, be cautious in chasing orders and patiently wait for key entry points. I will provide detailed trading strategies in the channel, so please pay attention.
Strategy:
Long Position3740-3735,SL:3720,Target:3770-3790
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This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts