? Current Price: 32.3715 ? Key Levels: Support Zone (~32.00 - 32.20): Price recently bounced from this level. Resistance Zone (~33.20 - 33.50): A potential target for an upward move. ? Potential Scenario: The chart suggests a bullish breakout after retesting the lower support zone. If the price successfully retests and holds above 32.00, it could continue towards 33.50. A break below 32.00 could invalidate this bullish move and lead to further downside. ? Trading Outlook: Bullish Bias above 32.00, aiming for 33.50. Bearish Risk below 32.00, which could lead to further declines.
EURUSD is hit by Demand Area, then it will bounce towards the nearest Supply Area Check SND Dashboard, Higher Time Frame enters Bearish area EURUSD Sell Now
Silver surged past $32.5 per ounce in early March, fueled by a weaker dollar and safe-haven demand amid escalating trade tensions. The U.S. imposed tariffs on Canada, Mexico, and an additional 10% on Chinese goods, raising China's total tariff to 20%. In response, Canada levied a 25% tariff on $155 billion of U.S. imports, while China announced 10%-15% tariffs on U.S. goods starting March 10 and new export restrictions. Traders now await Friday’s U.S. nonfarm payrolls report for Fed policy signals. If Silver breaks above $32.75, the next resistance levels are $33.15 and $33.80. On the downside, support is at $31.00, with further levels at $30.20 and $29.75 if selling pressure increases.
? Welcome to TradeCity Pro! In this analysis, I want to review PI, which has been highly requested in the comments. This project was one of the oldest crypto airdrops, and its coin has finally been launched. Now, I want to analyze it for you. ✨ This coin doesn’t have much chart history, so I will analyze it using the 4-hour and 1-hour timeframes. ⏳ 4-Hour Timeframe On the 4-hour timeframe, as you can see, after the launch of this coin, we saw a massive bullish leg, moving from $0.6498 to $2.9304. Currently, the price is undergoing a correction phase. ? Volume initially surged during the launch, which is expected, but it has been decreasing during the correction. RSI is also near the 56.08 trigger, and if this level is broken, strong momentum could enter the market. ? The correction has continued to the 0.382 Fibonacci level, and it seems that a range has formed between the 0.382 and 0.236 Fibonacci retracement levels. If the top of this range is broken, we can enter a long position. ? If the correction continues, the next important levels are 0.5, 0.618, and 0.786 Fibonacci retracement levels, and we have to see which level the price reacts to. ⏳ 1-Hour Timeframe On the 1-hour timeframe, we can see price movements in more detail. ? As you can see, after the price hit the $1.6342 low, it has been forming a bullish structure and has now reached the $1.9807 level. ? If this level is broken, we can enter a long position. The next resistance level is $2.3479. ? The RSI oscillator is in a sensitive zone, and as long as it stays above the 50 level, market momentum remains bullish. However, if $1.8770 is broken, we can enter a short position. https://www.tradingview.com/x/JSLyKwOr/ ? Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Hello Traders ! On Monday 13 January, The GBPUSD reached a strong support level (1.21212 - 1.20372). The price broke the resistance (1.27592 - 1.28116). This key level becomes a new support ! So, I expect a bullish move? _______________ TARGET: 1.29990?
FX:XAUUSD stops and forms consolidation within the range 2926 - 2894.9. A false break of support may bring the market back to its senses amid the bearish dollar rally https://www.tradingview.com/x/Oxsa2zNp/ A weaker dollar and expectations of Fed policy easing are supporting demand for the metal despite a pause in Trump's tariff measures. Traders are waiting for key NFP data that could determine the future trajectory of the dollar and Fed policy. For today, all eyes are on Initial Jobless Claims. Technically, gold within the 2926 - 2894 range is looking to test the liquidity zone on the support side as there is an unfilled fvg below 2894.9. Against the backdrop of gold's bullish trend and falling dollar, the chances of a rebound are quite high Resistance levels: 2926, 2942 Support levels: 2894.9, 2878.7 Price may test the daily low or fvg, form a false breakdown of one of the mentioned support zones and continue to rise after capturing liquidity within the global uptrend Regards R. Linda!
Gold rose above $2,920 per ounce, nearing record highs, as a weaker dollar and trade uncertainty drove safe-haven demand. Trump granted US automakers a one-month exemption from 25% Canada-Mexico tariffs and hinted at more changes. A US official suggested lifting the 10% tariff on Canadian energy if trade conditions are met. Meanwhile, China filed a revised WTO complaint in response to new US tariffs. Investors await the non-farm payrolls report for Fed policy signals. Key resistance stands at $2,923, with further levels at $2,955 and $3,000. Support is at $2,860, followed by $2,830 and $2,790.
EURUSD - potential pull back on support area Attend break of last leg rally for a new potential pull back Use short size with stoploss and profit in machine we can have a last long spike before the short
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments? The chart shows how the price rose in a rising channel, reaching the $2925 level before breaking it. Then it touched resistance line of channel and made correction to $2925 level, where it some time traded. After this, price moved up and then started to decline inside a triangle, where it soon exited from channel. Next, price broke $2925 level and declined until to support line of the triangle, breaking $2880 level too. But soon, Gold made strong movement up, breaking $2880 level and rose to resistance level, after which it corrected. Now, I think that XAU can exit from a triangle, fall to support level and then start to grow to $2940 If this post is useful to you, you can support me with like/boost and advice in comments❤️
The pair is overextended and it feels very much we should correct back towards 0.8328. Stochastic, RSI and fisher form levels suggest we have a reasonable chance seeing this recovery down. Strategy SELL @ 0.8370-0.8390 and take profit @ 0.8332.