FX:EURUSD continues to form bullish hints for a possible continuation of growth. There is strong resistance ahead and the market is forming a pre-breakdown consolidation https://www.tradingview.com/chart/EURUSD/SFndwM3p-EURUSD-Pending-a-breakout-of-resistance/ The dollar continues its correction amid economic data, the country's politics and hints from Trump and Powell of a possible rate cut soon. The euro is benefiting from the dollar's decline, but how long will it last, especially amid the tariff war between the U.S. and Europe? Technically, at the moment, the chart indicates a bullish outlook. Within the local uptrend, an ascending triangle is forming, which generally indicates bullish interest in the market. The focus is on the pattern base - resistance at 1.053. Support levels: 1.045, 1.040 Resistance levels: 1.053 If the dollar continues its downward course, the currency pair has all chances to grow. A retest of the trend support (false breakout) before the resistance breakout is possible. Breakout and consolidation of the price above 1.053 may provoke growth. Regards R. Linda!
For those tracking USDCHF, we finally got the break & close below 0.90410, with the daily candle settling at 0.89200. Now watching for a break & retest of 0.89200 on lower timeframes for additional sell entries. Short-term bearish bias remains unless we see a pullback and a break above 0.90410.
As per analysis: https://www.tradingview.com/chart/BLX/h9HG64VM-Crucial-point-for-Bitcoin-on-the-3-week-chart/ Update on this chart that forecasted the drop. If you see my Binance BTC chart you will see both line up with each other's analysis yet they are 2 different types of TA and timeframes. Now the drop has happened the % we forecast of the minimum 25% is not hit yet. This chart shows in yellow the current amount of % in drop BTC has made so far. The orange is the minimum as per history. You will see on this chart there are now coloured circles around some candles. These are the times when Bitcoin was in a similar late period of a bull market and the RSI white line went under the yellow RSI line.(not the yellow trendline at 50.21 , the actual moving RSI yellow line). The price drops are shown for these inside the circles, except for covid crash (red circle). There are date ranges shown which are from the bottom of these price drops to the top of the bull run. I have put similar date ranges at current bottom and the larger of the 2 goes to mid November which would line up with a normal ending to bull run, making right now similar to the pink circled area. The red circle is the covid crash and if you look at RSI this is the only time in a bull run that the yellow moving RSI line is on a downward slope. Every other time it is sloping down, we are in a bear market. Now look at the current situation, it is a downward sloping line. This is a slight concern. Now we wait to see what unfolds on the lower timeframe analysis after this recent drop and check other indicators for a bear market confirmation. For now, we must assume we are still in a bull market, unless there are more signs of a bear market showing. If still in bull run then these prices are a gift on altcoins. The issue is whether BTC wants to close the gap at 77k area which could potentially trigger the bear market to follow, depending on how long it is down at that price. If this 3week RSI reclaims the yellow moving RSI line then we know the bull run will continue.
Tesla (TSLA) Weekly Chart Analysis – Key Levels & Market Outlook ? 1️⃣ Overall Trend: ✅ Long-Term Uptrend (2019-2021): Tesla experienced a massive rally, reaching all-time highs. ? Correction Phase (2022): A significant pullback led to a strong downtrend. ? Recovery Mode (2023-Present): The stock started forming higher highs and higher lows, indicating a bullish structure. ? Recent Pullback: The price is now retracing from recent highs, showing potential short-term downside momentum. 2️⃣ Key Support & Resistance Levels: ? Support Zones: $300: A critical level—if it breaks, Tesla could drop further. $260 - $280: The next demand zone if selling pressure continues. $240 - $250: Strong historical support, previous swing low. $180 - $200: A major long-term base where Tesla found strong demand before a rally. ? Resistance Zones: $380 - $400: A strong rejection zone—Tesla recently pulled back from here. Above $400: A breakout could send TSLA toward $500+ (previous cycle highs). 3️⃣ Candlestick & Price Action Observations: ? Bearish Momentum: The latest weekly candle is red, indicating strong selling pressure. If Tesla fails to hold $300, expect a move toward $260-$280. ? Potential Bounce Area: If buyers step in, Tesla might consolidate before another leg higher. 4️⃣ Market Context & Indicators: ? EV Sector & Nasdaq Trends: Tesla follows macroeconomic conditions and overall tech sector movements. ? Earnings & News Catalysts: Watch for updates on deliveries, margins, and macro sentiment. ? Technical Indicators: ✅ Moving Averages: 50-Week MA: A close below this could signal weakening momentum. 200-Week MA: A crucial long-term dynamic support. ✅ RSI (Relative Strength Index): Not oversold yet—watch for levels near 30 for potential reversals. ✅ MACD (Moving Average Convergence Divergence): Bearish crossover forming? A confirmation could indicate further downside momentum. ✅ Fibonacci Retracement: Retracement levels align with $260 - $280 as a possible bounce zone. 5️⃣ What’s Next? ? Bullish Scenario: If Tesla holds $300, expect a potential rebound toward $350-$380. ? Bearish Scenario: A break below $300 could lead to a test of $260-$280, with downside risk toward $240 - $250 in extreme cases. ? Key Question: Will Tesla hold support and bounce back, or will sellers push it lower? ? Drop your thoughts below! ???
Look my previous idea and then comment. Btc looking a pullback from current level
The price perfectly fulfilled my previous idea. It hit the target level. FX:GBPUSD market is currently making higher highs; however, it appears to be losing momentum as the price approaches the key level at 1.27000. Additionally, a bearish divergence suggests that a pullback may be imminent. The price has been moving sideways in a range zone since Friday, reflecting indecision at this level. Thus, I think the market might form a spike to take liquidity above the recent highs before pushing lower. The last weekly candle is a small doji-like candle, which often indicates a potential reversal, especially as the price is nearing a key resistance zone. My goal is support zone around 1.25075 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
USD/CHF Rebounds from Yearly Low As shown in the USD/CHF chart, the exchange rate dipped below 0.89250 Swiss francs per US dollar yesterday—the lowest level since December 2024. The Swiss franc, often seen as a safe-haven currency, may gain appeal due to: → heightened geopolitical tensions; → uncertainty surrounding Trump's plans to impose trade tariffs on 4 March. https://www.tradingview.com/x/AVMFn79C/ Technical Analysis of USD/CHF Fluctuations in 2025 have formed a downward channel (marked in red), with bearish sentiment prevailing in February as key psychological levels continue to be breached (as indicated by arrows): → in mid-February, bears pushed the price down from 0.905; → later, 0.900 acted as resistance. If bearish momentum persists, further resistance may emerge around 0.895 and the median of the downward channel. The upcoming market direction will likely be influenced by key economic data releases: → Swiss GDP (11:00 GMT+3) and US GDP (16:30 GMT+3) tomorrow; → US Core PCE Price Index (16:30 GMT+3) on Friday—an important inflation gauge. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Quick update on Gold.... As we discussed yesterday, to wait for a breakout, the price of gold finally broke and closed below an important intraday support level after consolidating. Upon retesting this broken support, there was a strong bearish response, leading me to believe that the market will continue to decline. The next support level to watch for is at 2896.
After the move down in Bitcoin (and most cryptocurrencies) yesterday, looking for a counter trend trade back up to target some of the inefficiencies that were left. We've built relative equal highs around $89.5k which I would look to target if we get a move down in price to mitigate the range which caused this small push up. Of course, still very aware this is a risky trade and we could continue and break the low at $86k.
The Aussie (AUD/USD) ) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.6323 which is an overlap support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.6290 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 0.6376 which is a swing-high resistance. 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 (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.