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GOLD → Retest of consolidation support on uptrend FX:XAUUSD is trading in a sideways range around $4,200, awaiting new labor market data to determine the Fed's policy trajectory after December's rate cut. Weak US data (a 32K decline in ADP employment and a slight increase in ISM services to 52.6) did not change market expectations. The probability of a 25 bp Fed rate cut on December 11 is around 90%. Attention has shifted to the trajectory of policy easing in early 2026. Key factors will be data on unemployment claims and sentiment on Wall Street. The fundamental background is relatively positive, and the dollar has entered a correction phase due to expectations of lower rates, which may support the gold price... Resistance levels: 4238, 4262 Support levels: 4185, 4175 Gold is testing the support levels of the key trading range. If the bulls keep the price above 4185 and form a bullish reversal pattern, then in the short and medium term, we can expect growth to intermediate highs. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
14
EURUSD Uptrend Structure Intact — Path Toward 1.1700 ResistanceHello traders! I want to share my view on the current EURUSD setup. After a corrective decline, the pair formed a solid local bottom around the Support Level near 1.16200–1.16400, where buyers stepped in and stopped the downward momentum. As shown on the chart, price is now trading inside a clear ascending structure, supported by the rising Support Line and guided by a parallel Resistance Line, forming a well-defined upward channel. Inside this structure, the Buyer Zone has played a key role, serving as the base for multiple impulsive breakouts in the past. Several breakdown attempts turned into fake breakouts, confirming that buyers continue to defend this area and maintain short-term trend control. After these rebounds, EURUSD pushed into the upper part of the channel, reaching the Resistance Line and forming a local rejection that caused a pullback back toward the Buyer Zone. Currently, price is hovering near the ascending support line, and as long as EURUSD stays above the 1.16400 support area, the bullish scenario remains intact. If buyers successfully defend this zone and maintain structure inside the rising channel, I expect the market to move toward TP1 → 1.17000, which aligns with the major Resistance Level highlighted on the chart. A clean breakout above this level would open the way for further continuation, potentially driving the pair deeper into the higher resistance zone. However, if the price breaks below the Buyer Zone and violates the ascending Support Line, the bullish scenario becomes invalid, and the pair may revisit lower support levels around the 1.16000 area. For now, the structure remains moderately bullish as long as demand holds and EURUSD continues respecting the rising channel. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
18
XAUUSD: Triangle Breakdown Setup Points Toward $4,160 SupportHello everyone, here is my breakdown of the current Gold setup. Market Analysis Gold has recently moved out of a strong upward channel, where price previously showed consistent bullish momentum supported by higher lows and clean breakouts. After breaking out of the first channel, XAUUSD formed a consolidation range, signaling temporary equilibrium between buyers and sellers. This range acted as a base for the next impulsive bullish leg, which drove price back into a new upward channel. However, after the strong rally, gold formed a fake breakout near the $4,240 resistance area, which coincides with the upper boundary of the triangle resistance line. This false breakout indicated weakening bullish pressure and exhaustion near the top of the structure. Once price failed to hold above the resistance, it rotated downward and began forming a tightening triangle pattern between the descending resistance line and the rising support line. Currently, XAUUSD is trading inside this triangle structure, with price gradually compressing. The $4,160 support level remains a key reference point, as it previously acted as a major demand zone during the last correction and is now aligned with the triangle’s lower boundary. My Scenario & Strategy My scenario is bearish as long as gold stays below the triangle resistance line and continues to respect the lower highs forming within the pattern. If price maintains this structure and fails to reclaim $4,240, I expect a downward move toward the $4,160 support zone. Therefore, a clean breakdown below the triangle support line would confirm bearish continuation and could open the door for a deeper correction. On the other hand, if price rejects the support and breaks above the triangle resistance, the bearish setup becomes invalid, and buyers may attempt another retest of the $4,240 level. For now, the structure favors a short bias with the main objective being a move toward the $4,160 support level, which remains the next significant target for sellers. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDShort
by Ratner
17
ETHEREUM → The emergence of a positive driver?BINANCE:ETHUSDT is soaring amid a news rally and testing resistance at 3230. The daily increase was almost 20%. If growth is expected, then after a slight correction... Fundamental background: the market reacted to rumors of the replacement of the Fed chairman with Kevin Hassett, who is more “dovish” and loyal to cryptocurrencies. The market broke the local structure and updated the interim maximum from 3070 to 3230. A false breakout of resistance is forming relative to the key resistance level, and the market is entering a correction/stagnation phase. Bitcoin, the main driver of the cryptocurrency market, faced strong resistance at 95K. The global market trend is downward, and a change in trend will require time and more confirmation... There is a struggle for resistance in the market, and several scenarios are possible: consolidation and a breakout of resistance, or growth after correction... Resistance levels: 3230, 3370 Support levels: 3172 (local), 3057 High probability: a false breakout of 3230 will trigger a correction to 3050 (before the news). If the bulls keep the price above 3050, growth may continue as part of the change in the fundamental background. BUT! If buyers keep the price without correction, then the focus will be on 3230. Consolidation above this level could trigger growth to 3370 - 3620. Best regards, R. Linda!
by RLinda
10
EURUSD Long: The 1.16200 Support Holds – Path to 1.17000 is OpenHello, traders! The price action for EURUSD is unfolding inside a corrective structure after a prolonged bearish phase that was guided by the descending Triangle Supply Line. The market previously formed a consolidation Range on the left side of the chart before breaking down and continuing lower. Price respected both the descending supply line and the ascending Triangle Demand Line, creating a compression phase that ultimately resulted in a bearish breakout to the downside. After forming a pivot low, EURUSD initiated a strong bullish recovery, breaking back above the former structure and confirming a shift in short-term momentum. The market then formed a clear Head and Shoulders reversal pattern near the Triangle Demand Line, reinforcing buyers’ strength. Following this, price successfully broke through the key Demand Zone around 1.16200, confirming the transition from corrective to bullish conditions. Currently, EURUSD is retesting this demand area after the breakout, showing signs of support holding. As long as price remains above the 1.16200 demand zone, the bullish scenario remains valid. The next upside objective is the 1.16650–1.17000 Supply Zone, where sellers previously showed strong activity. My scenario is a clean continuation toward Supply 2 at 1.17000 becomes likely if buyers maintain control. However, a rejection from this supply region could trigger a corrective pullback back toward demand before any further upside continuation. Manage your risk!
Long
by heniitrading
14
XAUUSD Long: Channel Support Holding — Buyers Target 4,300 ZoneHello, traders! The price auction for XAUUSD has been unfolding within a clearly structured bullish progression after a period of heavy distribution inside the Supply Zone. Earlier, gold established a wide Range between the Supply and Demand areas, with multiple sharp rejections forming the top of the structure. Eventually, sellers pushed the price lower, initiating a corrective decline that developed into a well-defined Triangle Pattern, marked by a descending Triangle Supply Line and a rising Triangle Demand Line. This compression ended with a clean breakout to the upside, signaling the beginning of a new bullish phase. Following the breakout, XAUUSD formed a Pivot Point near the mid-range level, where price briefly rejected before continuing its upward trajectory. Another notable phase was the formation of an inverse Head-and-Shoulders structure, confirming buyer strength after a fake breakout below the neckline. This reversal pattern provided the foundation for the current bullish continuation. Currently, gold is trading inside a strong Ascending Channel, respecting both channel boundaries with consistent higher highs and higher lows. The latest breakout from the mid-channel zone has kept the bullish structure intact, and after a corrective pullback to the lower channel boundary, price is attempting to resume upward movement. As long as price holds within this channel, the market dynamics favor a continuation toward the 4,300 resistance target, which aligns with the upper boundary of the channel and the previously broken structure. My scenario for the development of events is bullish, with expectations of a rebound from the lower channel boundary followed by a continuation toward the 4,300 resistance level. In my opinion, maintaining structure within the ascending channel supports further upside as long as buyers defend the 4,110 support region below. Manage your risk!
FOREXCOM:XAUUSDLong
by heniitrading
17
Amgen’s Ascending TriangleAmgen rallied sharply last month, and some traders may see more upside in the drug maker. The first pattern on today’s chart is the advance after earnings and revenue beat estimates on November 4. Such a move may reflect improved sentiment. Second is the $337.38 level, AMGN’s previous record-high closing price from 2024. The shares have remained near (and often above) that level for more than three weeks. Is a breakout next? Third is the series of higher lows as prices challenge resistance. That ascending triangle is a potentially bullish continuation pattern. Next, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. The 50-day simple moving average (SMA) also had a “golden cross” above the 200-day SMA last month. Those signals may suggest short- and long-term directions have gotten more positive. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:AMGN
by TradeStation
GOLD → Consolidation above 4220. Bullish structureFX:XAUUSD is trading in a narrow range around $4,200, maintaining sideways momentum ahead of US inflation data. The market confirms a bullish structure... The probability of a Fed rate cut in December remains at ≈90%. Mixed US employment data: – Jobless claims fell to their lowest level since September 2022. – Layoffs in November reached a two-year high. The key benchmark today is the PCE index for September (data delayed due to the government shutdown). Gold is awaiting new signals on inflation. Range trading is likely until the release of PCE data, which may set the direction of movement ahead of the Fed's decision. Resistance levels: 4238, 4262 Support levels: 4220, 4183 If the bulls hold their ground above local support at 4220, we will have a chance to break through 4238 and retest 4262. However, a breakout of the trading range resistance could trigger a continuation of the rally towards the ATH. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
1
Citigroup Breaks Out of a Symmetrical Triangle1. Technical Analysis Citigroup entered a symmetrical triangle consolidation after a strong bullish rally. This pattern often acts as a continuation structure, especially after a steep uptrend. Key technical observations: • A clean breakout above the triangle • Strong bullish candle with momentum • Price maintains support above the 50-day SMA • Increasing volume confirming the breakout This suggests the beginning of a new bullish cycle, unless price re-enters the triangle. 2. Bullish Scenario If the breakout holds: Upside Targets • Target 1: 110 • Target 2: 114 • Target 3: 118 • Long-Term Target: 125 Bullish Catalysts • Valid continuation breakout • Strong trend structure (HH/HL) • Sector-wide strength in financial stocks • Earnings momentum and improving profitability 3. Bearish Scenario If price falls back inside the triangle: Supports • Support 1: 102 • Support 2: 99.80 • Support 3: 96 Bearish Triggers • Breakdown under 102 • Failed breakout • Broad market risk-off conditions • Rising credit defaults 4. Suggested Stop-Loss Short-Term Traders • SL: Below 102 Mid-Term Traders • SL: Below 99.80 5. Fundamental Snapshot Strengths: • Cost reduction and margin improvement • Earnings beats • Strong credit card and commercial banking revenue Risks: • Rising consumer default risk • Regulatory tightening • U.S. recession risk Final Summary Citigroup has executed a strong bullish breakout from its triangle consolidation pattern. As long as price stays above 102, the bullish trend remains intact with higher targets ahead. Bias: Bullish SL (ST): 102 SL (MT): 99.80
NYSE:CLong
by isahebdadi
symmetrical pattern breakout in VIJAYA DIAGNOSTICSVijaya Diagnostic Centre Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 10,291.50 Crore) operating in Hospitals & Allied Services sector. Vijaya Diagnostic Centre Ltd. key Products/Revenue Segments include Hospital Services, Scrap and Other Operating Revenue for the year ending 31-Mar-2025. For the quarter ended 30-09-2025, the company has reported a Consolidated Total Income of Rs 207.81 Crore, up 6.51 % from last quarter Total Income of Rs 195.10 Crore and up 10.86 % from last year same quarter Total Income of Rs 187.46 Crore. Company has reported net profit after tax of Rs 43.28 Crore in latest quarter. The company’s top management includes Dr.Sura Surendranath Reddy, Ms.Sura Suprita Reddy, Mr.Sunil Chandra Kondapally, Mrs.Sura Geeta Reddy, Mr.Chavali Satyanarayana Murthy, Dr.Duvvur Nageshwar Reddy, Dr.(Ms.)Manjula Anagani, Mr.Shekhar Prasad Singh, Mr.S Ramchandra Reddy, Ms.Hansraj Singh Rajput. Company has B S R & Associates LLP as its auditors. As on 30-09-2025, the company has a total of 10.27 Crore shares outstanding.
NSE:VIJAYALong
by TechnicalAnalystSucrit
Silver – Can the Break to Record Highs Be Maintained?Silver’s impressive upside run so far this week, which has seen it trade from a low of 56.165 on Monday to register a new record high at 58.96 yesterday, seems to be taking a pause in early trading on Thursday morning, with the price currently trading down around 1.8% at 57.44 at time of writing (0700 GMT). With liquidity in the Silver market nowhere near as deep as in its bigger parent Gold, these types of exaggerated moves can happen more frequently, especially when trading at new extremes such as the record high that was reached a mere 24 hours ago. Where Silver moves next into the weekend may be determined by a combination of factors, such as positioning, performance of the US dollar and technical factors. From a positioning standpoint, the debasement trade which has been underpinning much of Silver’s rally over the last 3-6 months still remains in place but can at times be subject to pullbacks as the trade can get crowded and this may be part of the reason for the drop this morning. There could be potential for further profit taking into Friday’s close, especially with the pivotal Federal Reserve interest rate decision now less 7 days away (December 10th). From the US dollar point of view, as mentioned above, with the Fed rate decision now around the corner, traders may be more sensitive to the release of any available US labour market data. Today’s scheduled release of the Challenger Job Cuts at 1230 GMT and Weekly Jobless Claims at 1330 GMT could lead to further US dollar volatility, which may impact Silver prices. As a general rule a higher dollar makes Silver more expensive for foreign investors and vice versa. Finally, interlinked with these two drivers are the technicals. Whether key support or resistance levels hold or a broken on a closing basis could lead to bigger directional moves into the weekend or early next week. So being apprised of these levels in advance can be prudent from a risk management approach. Technical Update: Can New All-Time Highs Maintain The Push Higher? Silver has enjoyed a positive late‑November to early‑December period, advancing more than 21% from the November 21st low of 48.62 to Wednesday’s 58.96 high. This move has produced new all‑time highs, with fresh upside acceleration following the closing break above the previous 54.45 October 17th record high. While it might be argued that this type of price activity remains constructive with the potential for further gains, some traders may view the latest upside moves as becoming over‑extended, raising the risk of future price weakness. In this environment, staying aware of relevant support and resistance levels may prove valuable in gauging Silver’s next directional themes. Possible Resistance Levels: . New all‑time highs place price activity into uncharted territory, making it difficult to establish valid resistance levels. In such cases, Fibonacci extensions can provide valuable guidance, highlighting potential areas where fresh selling pressure may emerge once more. For Silver, Fibonacci extension calculations based on the last significant correction seen between October 17th and October 28th suggest that current price strength may be approaching a potential resistance at 59.79, which is the 61.8% extension level. A closing break above 59.79 might now be required to open scope for a push to higher levels like the 100% extension level which sits at 63.15. Possible Support Levels: It is often difficult to determine with certainty when upside conditions have become over‑extended and of course this alone doesn’t guarantee price weakness. As such, closing breaks below support may be required to trigger a corrective phase in price. In the case of Silver, traders may view Monday’s session low of 56.16 as the first support. Closing breaks below the 56.16 level, if seen, could reinforce the possibility of over‑extended upside conditions leading to continued price weakness. Such moves could open the way for tests of 54.95, which is the 38.2% Fibonacci retracement, and possibly even extend toward 53.75, the deeper 50% retracement level. The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:XAGUSD
by Pepperstone
XAUUSD: Waiting for a Price ExplosionThe current XAUUSD structure still maintains a bullish bias as long as the main demand zone around 4174–4163 remains intact. The compression pattern in the form of a symmetrical triangle on the H1 timeframe indicates an accumulation phase, where market participants are holding the price before the next impulsive move. The previous high at 4264 remains a liquidity magnet, and once that level gets swept, the upside momentum could open wide toward the major supply zone at 4360–4381. However, this bullish scenario depends on the price's ability to stay above the demand. If a rejection occurs and price fails to defend 4174, the short-term structure may shift into distribution. A valid break below that level could drag the price deeper into the next liquidity pool around 4142–4115, and possibly retest a stronger demand zone beneath it at 4074–4050 before the market decides its next direction. With that in mind, the market’s focus is now on two key control points: 4264 on the upside as the bullish continuation trigger, and 4174 on the downside as the gate to a deeper correction. As long as the structure holds, the bullish outlook remains dominant, and a breakout above 4264 could drive XAUUSD into the untouched weekly supply peak. On the other hand, failing to sustain the demand zone would open more downside room to sweep remaining liquidity before continuing the long-term trend
OANDA:XAUUSDLong
by RakyatTrader
GOLD → The battle for zone 4200. Bullish trend FX:XAUUSD is forming a local trading range of 4180-4230, trying to stay above 4200 after yesterday's correction ahead of important US employment and services data. The dollar is weakening amid expectations of a Fed rate cut on December 11. News concerning Powell, namely Fed chair candidate Kevin Hassett (a well-known “dove”), is supporting gold. Geopolitical risks (stagnation in Russia-Ukraine negotiations) are increasing demand for safe-haven assets. • In focus today: ADP employment data and ISM Services PMI. • Weak indicators will strengthen bets on Fed policy easing and support gold. Gold retains its upside potential. The release of US data could either accelerate growth to $4300 or trigger a correction in the event of strong indicators. Resistance levels: 4230, 4260 Support levels: 4185, 4175 Gold is testing 4200 for strong support. Local trading range 4180 - 4230. A false breakout of support amid a bullish trend and a weak dollar could support gold's growth. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
36
XAUUSD: Buyers Eye Retest of the $4,300 Resistance ZoneHello everyone, here is my breakdown of the current XAUUSD setup. Market Analysis Gold continues to trade within a well-structured bullish environment following a strong recovery from the lower Triangle Support Line earlier in the month. After a prolonged corrective phase inside a symmetrical triangle, price eventually broke above the Triangle Resistance Line, shifting the market structure from consolidation into bullish continuation. This breakout created a clear trend shift, supported by a steady sequence of higher highs and higher lows. After the breakout, XAUUSD entered a temporary Range phase, suggesting accumulation from buyers before the next impulsive move. Once price broke out of that range to the upside, the market formed a clean Upward Channel, showing sustained bullish pressure. A notable fake breakout above the Resistance Zone around 4,260 occurred recently, indicating strong seller activity at the top of the zone, but buyers quickly regained control and continued to push price upward within the channel. Currently, gold is trading near the mid-upper area of the Upward Channel, approaching the 4,300 key Resistance Zone. The broader technical picture shows clear bullish market structure, with trendline support and channel dynamics favoring further upside as long as the channel remains intact. My Scenario & Strategy My scenario is bullish, supported by the strong rebound within the Upward Channel and the consistent higher-low structure. As long as price remains above the 4,215–4,230 Support Zone and respects the channel’s lower boundary, buyers hold a clear advantage. My expectation is that XAUUSD may make a minor pullback toward the mid-channel zone near 4,230 to gather liquidity before continuing the upward movement. Therefore, the primary bullish target remains the 4,300 Resistance Zone, where a retest is highly probable. A clean breakout above 4,300 would open the door for a stronger rally and signal continuation of the broader bullish cycle. However, if gold fails to break the resistance and forms a deeper correction, the Upward Channel support and the prior breakout zone at 4,215 will be key levels to watch. The bullish bias remains valid as long as these supports hold. For now, the structure favors a long scenario with attention on the move toward 4,300 and potential bullish continuation beyond that level. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDLong
by Ratner
22
CLOV 1D - Health Is Back in TrendOn the daily chart, Clover Health (CLOV) has broken out of its descending channel and triangle, now pulling back for a retest near 3.27–3.43 - a key buy zone aligned with the MA50. Buyers are clearly regaining control, and the setup looks ready for continuation. Technically: – first clean breakout of the downtrend since January 2025; – volume expansion on bullish candles, suggesting institutional accumulation; – holding above the former resistance turned support. Upside targets: $4.71 (local volume peak) and $5.98, offering +70% potential upside if momentum sustains. From a fundamental perspective, Clover Health is stabilizing its business: – a leading player in Medicare Advantage, with an expanding senior member base; – Q3 results show 40% reduction in net loss and +18% YoY revenue growth; – leveraging AI-driven healthcare analytics to improve efficiency and patient outcomes; – with high short interest, a confirmed breakout above $4.70 could ignite a short squeeze. Tactical plan: accumulation near 3.27–3.43, add above 4.70, targets 4.71 → 5.98. Sometimes the healthiest trend is the bullish one.
NASDAQ:CLOVLong
by TotoshkaTrades
S&P 500 index Bull Run Continues — Symmetrical Triangle BreakoutThe S&P 500 index( SP:SPX ) has shown solid bullish momentum over the last 7 trading days, gaining more than +5% during this period. The S&P 500 has once again moved back above Important Support lines, and it now appears to be breaking through a resistance line as well. From a classical technical analysis perspective, the S&P 500 seems to be moving inside a symmetrical triangle pattern. From an Elliott Wave standpoint, the S&P 500 looks to be completing Wave 4. A confirmed breakout above the upper line of the symmetrical triangle could validate the end of Wave 4. I expect the S&P 500 to continue its upward movement and extend toward the Potential Reversal Zone(PRZ) and the Resistance zone ($6,902_$6,875). What’s your view on the S&P 500 index and the broader U.S. stock market? First Target: $6,859 Second Target: $6,887 Stop Los(SL): $6,774(Worst) 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌S&P 500 Index Analyze (SPX500USD), 1-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
OANDA:SPX500USDLong
by pejman_zwin
1
Bitcoin Cash Wave Analysis – 3 December 2025 - Bitcoin Cash broke resistance zone - Likely to rise to resistance level 630.00 Bitcoin Cash cryptocurrency recently broke the resistance zone between the resistance level 565.00 and the resistance trendline of the daily Triangle from October. The breakout of this resistance zone accelerated the active medium-term impulse wave (3) from the middle of November. Given the improved sentiment across crypto markets today, Bitcoin Cash can be expected to rise to the next round resistance level 630.00 (which stopped previous waves (3) and (5)).
FXPRO:BCHUSDLong
by FxPro
EURUSD: Buyers Push Toward the 1.1680 Triangle Resistance BreakHello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD is transitioning out of a prolonged bearish phase that previously unfolded inside a well-defined downward channel. After forming a major swing low in early November, the pair initiated a recovery and gradually shifted into a corrective bullish structure. Price is now trading inside a developing triangle formation, defined by the ascending Triangle Support Line and the descending Triangle Resistance Line. During the decline, the market repeatedly respected the key Support Zone around 1.16200, which acted as a strong demand area and triggered bullish reactions on multiple occasions. Most recently, EURUSD completed a clear Head and Shoulders reversal pattern near the lower boundary, signaling exhaustion of sellers and the start of buyer control. Following this structure, price broke above the support zone and is now consolidating above it, confirming the zone as a valid demand base. Currently, the pair is approaching the major Resistance Zone at 1.16800, which also aligns with the descending triangle resistance. This area remains the key upside barrier for buyers and represents a critical decision point for the market. My Scenario & Strategy My scenario is bullish, as long as price remains above the 1.16200 Support Zone and continues respecting the ascending Triangle Support Line. I expect EURUSD to maintain upward pressure and attempt a breakout toward the 1.16800 resistance, which is the next major supply area. A clean breakout above this zone would confirm bullish continuation and open the way for further upside toward higher targets. However, if price reaches the resistance and shows strong rejection, a corrective pullback back toward the 1.16200 demand may occur. Still, the overall bullish structure remains valid as long as the support zone holds. For now, market conditions favor a long bias with focus on a breakout attempt toward the 1.16800 resistance zone. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner