https://www.tradingview.com/x/PR3bl8kZ/ Hello,Traders! AUD-NZD is making a Sudden bearish move down But a strong horizontal support Level is ahead at 1.1097 from Where we will be expecting A local bullish rebound Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
BTC Bullish over the weekend. Really? BTC has been Range Bound for the last 10 days... For the last 2 days, it has been supported over a trend line. The bullish momentum may be expected over the weekend and in the coming week.
Bad news usually translates to great buying opportunities and that's what happened for SMCI. Simplified this impulse wave to an ABC to show longterm trend. Feeling like a safe long (buy and hold) for those trying to get in on a fairly priced stock in a great sector.
Gold has turned lower on the session - making for a more interesting end to the week. Indeed, the markets have been quite intriguing this week, with the US dollar at the centre of the action. Despite hotter-than-expected inflation data, the greenback softened following Trump’s more measured stance on tariffs, while the euro found support amid his expressed willingness to end the Ukraine conflict. Previously, gold was ignoring all the dollar strength and was rallying, breaking the historic negative relationship. That seems to be the case again today with the metal falling despite a weaker US dollar. Is this the start of the correction I was eyeing? I guess, time will tell. To be fair, it needs a correction in the near future to remove some speculative froth. That said, a confirmed reversal signal would be needed before adopting a bearish short-term outlook on XAU/USD. Trump’s declaration that he intends to bring an end to the conflicts in Gaza and Ukraine raises the prospect of reduced haven demand, should he succeed. At the same time, his protectionist stance and expansive spending plans could keep US inflation elevated, delaying rate cut expectations and lending support to bond yields. By Fawad Razaqzada, market analyst with FOREX.com
The EURAUD currency pair price action sentiment appears neutral, supported by the longer-term sideways consolidation. However, the recent oversold bounce-back retest of the major resistance at 1.6500 could trigger a bearish reversal. The key trading level is at 1.6500, which is the current swing high. A bearish rejection from the 1.6500 level could target the downside support at 1.6400 followed by 1.6350 and 1.6220 levels over the longer timeframe. Alternatively, a confirmed breakout above 1.6650 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 1.6740 resistance followed by 1.6810 levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
? ? Asset: Roblox Corporation (RBLX) ? Timeframe: 30-Min Chart ? Setup Type: Descending Triangle Breakout ? Trade Plan (Long Position): ✅ Entry Zone: $66.78 (Breakout Confirmation) ✅ Stop-Loss (SL): $63.67 (Below Support) ? Take Profit Targets (Long Trade): ? TP1: $70.10 (First Resistance) ? TP2: $74.48 (Extended Bullish Target) ? Risk-Reward Ratio Calculation: ? Risk (Stop-Loss Distance): $66.78 - $63.67 = $3.11 ? Reward to TP1: $70.10 - $66.78 = $3.32 ? Risk-Reward Ratio to TP1: 1:1.07 ? Reward to TP2: $74.48 - $66.78 = $7.70 ? Risk-Reward Ratio to TP2: 1:2.47 ? Technical Analysis & Strategy: ? Breakout Confirmation: Strong buying momentum above $66.78 signals continuation. ? Pattern Formation: Descending Triangle Breakout, indicating a bullish trend shift. ? Key Support & Resistance Levels: ? $63.67 (Strong Support / SL Level) ? $66.78 (Breakout Zone / Entry) ? $70.10 (First Profit Target / Resistance) ? $74.48 (Final Target for Momentum Extension) ? Momentum Shift Expected: If price stays above $66.78, it could push towards $70.10 and $74.48. A higher volume breakout would confirm strength in the trend. ? Trade Execution & Risk Management: ? Volume Confirmation: Ensure buying volume remains strong after breakout. ? Trailing Stop Strategy: If price reaches TP1 ($70.10), move SL to entry ($66.78) to lock in profits. ? Partial Profit Booking Strategy: ✔ Take 50% profits at $70.10, let the rest run to $74.48. ✔ Adjust Stop-Loss to Break-even ($66.78) after TP1 is hit. ⚠️ Fake Breakout Risk: If price drops below $66.78, be cautious and watch for a retest before re-entering. ? Final Thoughts: ✔ Bullish Setup – If price holds above $66.78, higher targets are expected. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.07 to TP1, 1:2.47 to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? #StockTrading #RBLX #BreakoutTrade #TechnicalAnalysis #MarketTrends #ProfittoPath
GBPUSD FORECAST and technical analysis H1 Time Frame next Move possible. Not financial advice.
Canadian Dollar likely to weaken to EUR by US import tarifs ->10% As of February 14, 2025, the United States has announced the following import tariffs on Canadian goods: General Goods: A 25% tariff on all imports from Canada, effective March 4, 2025. EN.WIKIPEDIA.ORG Energy Products: A reduced 10% tariff specifically on Canadian energy exports, including oil, natural gas, and electricity. EN.WIKIPEDIA.ORG These tariffs were initially set to take effect on February 4, 2025, but were postponed for one month following negotiations between the U.S., Canada, and Mexico. KLGATES.COM In response, Canada has announced plans to impose 25% tariffs on $30 billion worth of U.S. goods, effective February 4, 2025, with potential expansion to additional goods in subsequent phases. CANADA.CA Expected Currency Effect on CAD/EUR: The imposition of these tariffs is anticipated to weaken the Canadian dollar (CAD) due to potential economic strain from reduced exports and retaliatory measures. Consequently, the CAD/EUR exchange rate may decline, making the euro more expensive relative to the Canadian dollar. Forecasts suggest a bearish outlook for CAD/EUR, with potential decreases in value over the coming months. GOV.CAPITAL Recent Developments in US-Canada Trade Relations reuters.com US will suffer job losses through tariffs on Canadian steel and aluminum, says Trudeau Yesterday apnews.com Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown 2 days ago theguardian.com Trump's tariffs on Canada, Mexico and China: will they spark a trade war? 13 days ago
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is no longer on France’s Autorité des Marchés Financiers (AMF) blacklist
Bitget has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency, which authorizes the cryptocurrency exchange to offer a full suite of digital asset services within the country. The approval allows Bitget to provide exchange, trading, transfer, custody, and public offering of crypto assets, along with wallet services.