EU has been under recession for a while now and reached the bottom. Any peace in Ukraine will be positive EU. On the other equation, the USA economy was the only economy going well up to month ago. But the recent economic data are sustainably showing weaknesses. Market has started to price in a recession. Adding to the fear of recession, Trump tariffs. So based on FA, EURUSD instead of going to parity, is showing a change of structure. I think, price has started the initial wave up.
From the current gold daily chart, gold prices are defending above $2,900/ounce. However, only if the gold price closes above the static resistance of $2,930/ounce, the upward trend may regain traction. The relative strength index (RSI) has fallen slightly, but it remains above 50, indicating that the bullish potential still exists. At the same time, if the non-agricultural data rises to 2,930 today, there is still the potential to break the high! Then the current gold price is still strong. There is a little pressure on 2922 in the short term, but the upward trend remains unchanged. As long as it does not fall below 2,900, it will continue to be bullish in the short term. The best trading method is that the price has repeatedly stepped back to confirm the support of 2912-2914 and sprint upward, so you can continue to do more gold around here and defend the 2910 area. If it does not fall below 2910, the price is expected to break upward to the 2920-2923 range, and it will be expected to rise further, looking for 2930, and then 2945-2947
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Rational AG Stock Quote - Double Formation * (012345) | Completed Survey | Invalid Entry * ((No Trade)) At 730.00 EUR| Subdivision 1 - Triple Formation * Entry Feature & Long Support On (TP 1) | Subdivision 2 * 0.236 Retracement Area | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) * (Uptrend Argument)) & Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
https://www.tradingview.com/x/BkyVIuQN/ EURGBP - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell EURGBP Entry Level - 0.8346 Sl - 0.8364 Tp - 0.8306 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
BINANCE:OMUSDT EMA ribbon on the 1D chart is still fanned out bullishly. As long as price remains above the ribbon, the trend remains intact. The first test of the ribbon often acts as support in strong trends — watching this area closely.
Stock Markets Are Set to Follow the Dow's Warning Signs — Are You Watching? The Dow Jones priced in gold has always led the way, and it's rolling over while everyone else is asleep. This could trigger massive bull eras in gold, silver, oil, uranium, copper, and more!
In lieu of such price action, we retain the ability to make one more low. In the very short term and observing the micro price action $11.79 could extend our black wave (iv) but above $11.93 with price action to get above $12.50 and I start to lean on the purple count. Best to all, Chris
Momentum on BINANCE:OMUSDT is shifting. The MACD just crossed bullish on the 12H, while RSI is forming a hidden bullish divergence. These multi-timeframe signals stacking up add serious conviction to the next upside push.
I'm selling Gold rigt now ! The price hesitated a lot to make new highs. So, let's go down. SEE ANALYSIS ON CHART. Be carefull
OANDA:EURJPY is trading within a well-defined ascending channel, with price action respecting both the upper and lower boundaries. The recent bounce off support suggests buyers are maintaining control, supporting a potential continuation of the uptrend. As long as the price remains above the support level and the channel's lower boundary holds, the bullish structure remains intact. A potential upside target is 160.850, aligning with the upper boundary of the channel. A break and close above this level could signal further bullish momentum. However, a breakdown below the support zone would invalidate the bullish scenario and may open the door for a deeper pullback. Remember, always confirm your setups and trade with solid risk management. Best of luck!