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EURUSD has visited back on a major support zone after the sell off identified with the double tops formation. Here we are about to see a short term buying sentiment followed by the support identified. Watch closely on the trend line and the highlighted zone.

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Here we have identified a breakout on support which can be expected to drop down further with the ongoing bearish sentiment. Look over the price action below the highlighted support for a possible short entry.

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The EUR/USD pair has reversed from a key daily resistance level, confirming this zone as a significant sell area. A trend breakout has further intensified the bearish sentiment. Additionally, the price has formed a double top pattern, reinforcing the bearish outlook. Based on this analysis, a short position could potentially yield a profit of 50-100 pips.

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Bitcoin is showing bullish momentum, trading within an upward channel. After retracing to the channel’s upper boundary, it’s possible that the price could test the major hourly resistance level again before a potential bearish reversal.

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I have picked a BTC long with the FVG and OB formed before the FOMC for a quick trade targeting $61150 which got ended up well by clearing the targets.

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XAU/USD has tested the resistance at the channel's upper boundary. We're now observing bearish price action developing in the lower timeframes. We anticipate a revisit to the previously identified resistance zone to fill the fair value gaps (FVGs) formed, after which we expect another bullish reversal to occur.

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On the daily timeframe, the EUR/USD price has reversed once again toward the resistance zone from the key highlighted level. Additionally, we see that on the daily timeframe, the price confirmed a bullish breakout from the bull flag pattern. This breakout has the potential to drive the price upward toward the next resistance level near 1.1245.

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The GBP/USD has broken above the major resistance at 1.31450, forming a well-defined bullish channel that has been guiding the price steadily upward. The upper boundary of this channel has acted as a strong resistance, and there is a possibility of a short-term pullback as the price approaches this level. This potential reversal could lead to a retest of the...

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The EUR/USD has broken above the recent daily swing high at 1.11400 and is showing strong upward momentum. The next key resistance is around 1.12507, a level known for strong selling pressure. As the pair approaches this zone, we could see either a fake breakout or a continuation of the bullish trend, potentially wiping out selling positions due to the recent...

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XAUUSD has made a strong comeback on the hourly timeframe, leading to increased volatility and uncertainty. This heightened risk means that traders should exercise caution, as the likelihood of hitting stop losses is significantly higher. The current market price action is consolidating, which can be unfavorable for trading.

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#USOIL As predicted last time, we observed a significant drop following the breakout identified in the bullish channel. Currently, we see consolidation, a bearish impulse, and now a pullback. We anticipate another downward movement once the current bullish impulse concludes. This is expected to retest the recent lows near the major demand zone previously highlighted.

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GOLD has declined following the release of the jobs data, but it has now reached a strong demand zone, where we previously observed significant buying pressure. If the price respects this level again, along with the lower boundary of the identified channel, we could see a bullish impulse before any anticipated downside momentum. However, a failed breakout at this...

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DXY is currently trading within an expanding channel. A potential reversal could occur if the price manages to break out bullishly from this structure and surpass the identified consolidation zone. However, if this breakout does not happen as anticipated, we might see a further decline or an extended period of consolidation.

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We recently observed a significant breakout and rally at a crucial level, followed by a price reversal back toward this key level where the initial breakout was confirmed. We now anticipate a retest of this level, expecting it to act as a support zone before another bullish reversal occurs.

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Gold has broken below the trend line, signaling a bearish breakout. We now observe a bearish flag pattern, suggesting a further downward move towards the highlighted support level. It is prudent to wait patiently for a bearish flag breakout before entering short positions.

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As predicted in our previous analysis, Bitcoin experienced a significant rally following the identified breakout. Currently, the price is once again encountering strong resistance at the major zone we highlighted earlier. The recent bullish trend developed within a bullish channel, suggesting the possibility of a bearish impulse and another retest of the...

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CADJPY has confirmed a bullish breakout above the established resistance level. With this breakout, we may see a continuation of the rally towards 115.350. A long position can be initiated with minimal risk, aiming for the target of 115.350.

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CAD/CHF has once again approached the major resistance level identified on both the hourly and daily timeframes. This level has repeatedly faced selling pressure, causing the price to reverse downward multiple times. Given the price's consistent respect for this level as a major sell zone, another potential sell-off could be imminent. Additionally, the most recent...