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Gold at a Crossroads – Break 2934 for ATH or Drop to 2873? Gold (XAU/USD) Technical Analysis – February 17, 2025 Market Overview Gold prices remain volatile amid ongoing concerns over U.S. tariff policies and anticipation of Federal Reserve officials' speeches, which could provide clues about future interest rate decisions. With U.S. markets closed for President’s Day, liquidity is expected to be lower, potentially increasing price swings. Technical Outlook Gold's price action suggests a potential corrective move toward 2918 before resuming a bearish trend targeting 2873. A decisive H1 or H4 candle close below 2873 would strengthen the bearish momentum, leading to further downside targets at 2859 and 2823. On the upside, for gold to regain a bullish trend, it must break above the All-Time High (ATH) at 2934. If successful, the next resistance targets would be 2956 and 2974. Key Levels to Watch 🔹 Pivot Point: 2906 🔹 Resistance Levels: 2918, 2934 (ATH), 2956, 2974 🔹 Support Levels: 2873, 2859, 2840 📉 Bearish Scenario: Below 2873, expect further declines to 2859 and 2823. 📈 Bullish Scenario: A breakout above 2934 would open the door to 2956 and 2974. 💬 Will Gold break 2934 for new highs or correct lower first? What's your outlook? Drop your thoughts below! 👇🔥
OANDA:XAUUSDShort
by SroshMayi
EUR/USD Bulls Eye 1.0600 – Uptrend Intact Above 1.0460 EUR/USD Analysis – February 17, 2025 Euro Gains 2% in a Winning Week as Dollar Struggles Amid Trade Policy Uncertainty The US dollar remains volatile as markets react to uncertainty surrounding Trump's potential tariff plans. Traders are closely watching for new policy announcements that could introduce reciprocal tariffs, potentially affecting international trade balances. Over the past six weeks, EUR/USD has been fluctuating within a range of 1.02 to 1.05, showing indecisiveness in the broader trend. However, recent price action suggests that the pair is gaining bullish momentum as long as key support levels hold. Technical Outlook EUR/USD remains in an uptrend, with bullish momentum expected to continue as long as the price stays above the 1.0460 - 1.0520 range. A sustained move above this zone would likely drive the pair toward 1.0600, and a breakout above this resistance level could accelerate gains toward 1.0677 and 1.0740. However, if the pair fails to hold above 1.0440 and closes an H4 candle below this level, the bullish momentum could weaken, leading to a potential pullback toward 1.0367. A deeper decline below 1.0367 may expose further downside levels at 1.0288 and 1.0226, but at this stage, buying on dips remains the favored approach in alignment with the prevailing uptrend. Key Levels Pivot Line: 1.0470 - 1.0440 Resistance Levels: 1.0600, 1.0677, 1.0740 Support Levels: 1.0367, 1.0288, 1.0220 Market Sentiment While EUR/USD shows short-term bullish strength, much depends on the upcoming trade policy decisions. If tariffs are imposed, the US dollar could regain strength, potentially limiting the euro’s upside. However, if risk sentiment improves, the euro may continue its upward trajectory.
Long
by SroshMayi
EURUSD 17 Feb 2025 W8 - Intraday AnalysisThis is my Intraday analysis on EURUSD for 17 Feb 2025 W8 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment No major economic news for today and market sentiment still continuing as per my Weekly Analysis 4H Chart Analysis 1️⃣ 🔹Swing Bullish 🔹INT Bearish 🔹Reached Swing Extreme Demand 🔹Swing Continuation 2️⃣ 🔹With the deep pullback to the Bullish Swing extreme discount and mitigating the 4H/Daily demand zones, price turned Bullish forming a Bullish CHoCH. 🔹The current Bullish move from Swing extreme discount to current price level having 2 scenarios (Previously I’d the following 2 scenarios where now I favors the 2nd scenario due to the impulsive nature of the move): Scenario 1: Pullback for Bearish INT Structure and with the recent Bearish CHoCK and Minor Demand zones are failing, I expect Bearish continuation to target the Weak INT Low which aligns with the Daily/Weekly Bearish Structure/Move. (Counter Swing – Pro Internal) Scenario 2: Bullish Swing continuation to target the Weak Swing High. Which requires to have Demand holding and Supply failing. The first sign required to confirm this scenario will be the current Demand which price is currently at to hold and we form a Bullish CHoCH. (Pro Swing – Counter Internal) 🔹With the recent moves, Supply is failing and Demand is holding solidifying the scenario that the Bullish 4H Swing continuation in play. 🔹Price swept Liq. above 30 Jan on 4H and Daily where I’d noted in the previous days analysis which can provide a decent pullback. (Bearish CHoCH is required to confirm the Sweep of Liquidity. Otherwise, it’s not enough and price will continue from the recent 4H Demand formed). 3️⃣ 🔹Expectations is set to continue Bullish to target the Weak 4H Swing High to facilitate to the Daily and Weekly expected Bullish move. 15m Chart Analysis 1️⃣ 🔹Swing Bullish 🔹INT Bullish 🔹Swing continuation after BOS, Waiting Swing pullback phase. 2️⃣ 🔹Bullish Swing structure continuing bullish aligning with the 4H Bullish Swing continuation phase. 🔹After the recent Swing BOS, INT structures continuing bullish and I’m expecting the 15m BOS pullback to start soon with Bearish iBOS. 🔹Current INT structures could be treated as Swing structures, but I prefer to have the 15m Swing Bullish even when we have a deep pullback. 🔹INT Structure still can hold bullish to facilitate the 4H target the Weak Swing High (Bullish BOS on 4H before pullback). 3️⃣ 🔹As it’s Monday and no much catalyst Today, I prefer longs from the INT structure demand following the bullish structures on 15m and 4H while knowing that pullback can start at any time soon where I can shift to Intraday Bearish after confirmation (Bearish iBOS).
by Amr-Sadek
Bullish rise?The Cable (GBP?USD) has reacted off the pivot and could potentially rise to the 1st resistance. Pivot: 1.2508 1st Support: 1.2358 1st Resistance: 1.2844 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
Falling towards 61.8% Fibonacci support?The Swissie (USD/CHF ) is falling towards the pivot and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 0.8916 1st Support: 0.8752 1st Resistance: 0.9206 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
Bullish bounce off pullback support?USD/JPY is falling towards the pivot and could bounce to the 1st resistance which is a pullback resistance. Pivot: 151.12 1st Support: 149.37 1st Resistance: 154.33 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
Falling towards 50% Fibonacci support?The Loonie (USD/CAD) is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 1.4106 1st Support: 1.3949 1st Resistance: 1.4300 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Potential bullish rise?The Kiwi (NZD/USD) has reacted off the pivot and could rise to the 1st resistance which is a pullback resistance. Pivot: 0.5692 1st Support: 0.5579 1st Resistance: 0.5798 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bullish bounce?The Gold (XAU/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 2,790.01 1st Support: 2,721.96 1st Resistance: 2,929.89 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDLong
by ICmarkets
Bearish drop?WTI Oil (XTI/USD) has reacted off the pivot and could drop to the 1st support. Pivot: 71.56 1st Support: 66.57 1st Resistance: 74.65 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XTIUSDShort
by ICmarkets
Potential bullish bounce?USD/JPY is falling towards the support level which is an overlap support that line sup with the 78.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 151.90 Why we like it: There is an overlap support that lines up with the 78.6% Fibonacci retracement. Stop loss: 151.08 Why we like it: There is an overlap support level that is slightly above the 78.6% Fibonacci projection. Take profit: 153.71 Why we like it: There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets
Bearish drop off overlap resistance?USD/CHF is rising toward the resistance level which is an overlap resistance and could drop from this level to our take profit. Entry: 0.9009 Why we like it: There is an overlap resistance level. Stop loss: 0.9057 Why we like it: There is a pullback resistance level. Take profit: 0.8919 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
1
Bullish bounce?USD/CAD is reacting off the support level which is an overlap support and could bounce from this level to our take profit. Entry: 1.4146 Why we like it: There is an overlap support level. Stop loss: 1.0472 Why we like it: There is a pullback support level that is slightly above the 61.8% Fibonacci projection. Take profit: 1.4280 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets
Bearish drop?EUR/USD is rising towards the resistance level which is a pullback resistance that lines up with the 138.2% Fibonacci extension and could drop from this level to our take profit. Entry: 1.0520 Why we like it: There is a pullback resistance level that line sup with the 138.2% Fibonacci extension. Stop loss: 1.0576 Why we like it: There is a pullback resistance level. Take profit: 1.0458 Why we like it: There is a pullback support level that lines up with the 23.6% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
EUR/USD Breakout Imminent? Key Resistance in Focus!📊 EUR/USD Daily Chart Analysis – Bullish Breakout Incoming? 🚀 🔹 Key Levels: Resistance Zone (Blue Box): Around 1.0450 - 1.0500 Support Zone (Red Box): Around 1.0250 - 1.0300 200 EMA (Red Line): Acting as a dynamic resistance near 1.0663 🔹 Price Action & Structure: Price is testing a strong resistance zone (blue box) after multiple failed attempts. A clean breakout above this level could trigger a bullish rally towards 1.0600 - 1.0700 (next resistance). If rejected, a pullback towards 1.0300 before another attempt is possible. 🔹 Market Sentiment & Bias: ✅ Higher lows forming = bullish pressure building. ✅ Break and retest scenario likely, as indicated by the projection. ✅ 200 EMA remains a key target for bulls. 📈 Potential Trade Setup: Breakout above 1.0500 → Buy opportunity Rejection → Short-term pullback before another attempt 🎯 Bullish Confirmation Above 1.0500 📊💹
Long
by MrStellanSight
HelenP. I Euro may correct to trend line before continue to growHi folks today I'm prepared for you Euro analytics. From this chart, it's clear that the price initially moved upward within a rising channel. At one point, it briefly dipped below the 1.0260 level but quickly recovered and pushed higher. After hovering around this level for a while, the price resumed its upward movement within the channel. Later, the Euro reached Support 1, which aligned with a support zone, and consolidated there for some time before breaking through. The price then climbed to 1.0520 before reversing and starting to decline. In a short span, it dropped back to Support 1, broke below it again, exited the channel, and fell further to the trend line, forming a strong gap and breaking through Support 2 along the way. However, the price soon reversed sharply, rallying back to Support 1 before correcting below the trend line. Following this correction, the price began to climb below the trend line, and after some time, EURUSD managed to break above both the trend line and Support 1. Currently, it is continuing its upward movement near the trend line. In my view, EURUSD is likely to drop back to the trend line before resuming its upward trajectory. With that in mind, I’ve set my target at 1.0560. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
9
EURUSD 17-21 Feb 2025 W8 - Weekly Analysis -EU ZEW - US FOMC/PMIThis is my Weekly analysis on EURUSD for 17-21 Feb 2025 W8 based on Smart Money Concept (SMC) which includes the following: Market Sentiment Weekly Chart AnalysisDaily Chart Analysis4H Chart AnalysisEconomic Events for the WeekRelated PostsLatest Weekly Analysis Market Sentiment Inflation Data Mix U.S. CPI and PPI came in hotter than expected, signaling lingering inflation pressures. However, softer underlying PPI components linked to the Fed’s preferred PCE metric raised hopes for a moderation in inflation next week. Fed Policy Expectations Investors are cautiously optimistic about potential Fed rate cuts later in 2025, despite the Fed’s current "wait-and-see" stance. A softer PCE report next week could solidify bets on easing monetary policy, supporting risk assets like the Euro. Trump’s Tariff Strategy Markets dismissed Trump’s reciprocal tariff threats as negotiation tactics rather than a prelude to a trade war. Investors expect delays in implementation, reducing immediate fears of economic disruption. Geopolitical Optimism Progress in Ukraine-Russia peace talks (e.g., territory swap discussions) eased global risk aversion, weakening the USD’s safe-haven appeal. Reduced geopolitical tensions benefit the Eurozone economy, indirectly lifting the Euro. Central Bank Divergence The ECB may cut rates further in 2025, but improving Eurozone data and reduced trade-war risks provide short-term EUR support. The Fed’s cautious tone limits USD upside, creating a balanced tug-of-war. Short-Term Bias Cautiously bullish for EUR/USD, driven by optimism over delayed tariffs, geopolitical progress, and hopes for softer inflation. Key Risks: A hot PCE report reviving Fed hawkishness. Sudden tariff escalations or breakdowns in peace talks. This balance of factors suggests choppy but upward-leaning trading for EUR/USD. Weekly Chart Analysis 1️⃣ 🔹Swing Bearish 🔹Internal Bearish 🔹In Swing Discount 🔹Swing Continuation Phase (Pro Swing + Pro Internal) 2️⃣ 🔹INT structure continuing bearish with iBOS following the Bearish Swing. (End of 2023 till end of 2024 was a pullback phase after the first bearish iBOS) 3️⃣ 🔹After the bearish iBOS we expect a pullback, price tapped into Monthly Demand and the liquidity below Nov 2022 which is above the weekly demand formed with the initiation of the bearish iBOS pullback phase. 🔹Price made a bullish CHoCH which indicated that the liquidity was enough as per previous weeks analysis to initiate a pullback phase for the bearish iBOS. 🔹Price pulled back after the Bullish CHoCH to the Weekly Demand formed and showed reaction after volatile week. 🔹With the previous week solid Bullish close, the Demand did hold and there is a high probability that price could continue Bullish to facilitate the INT structure pullback phase. 🔹If price to continue Bullish, price will be targeting the liquidity above Dec 2024, INT Structure EQ (50%) at 1.06933 to target the Weekly Supply in premium before continuing down to target the Weak INT Low. 🔹Expectations is for price to continue Bullish if it managed to break 1.05333 27 Jan High to facilitate the INT structure pullback. Daily Chart Analysis 1️⃣ 🔹Swing Bearish 🔹INT Bearish 🔹Swing Continuation Phase (Pro Swing + Pro Internal) 2️⃣ 🔹Following the Bearish Swing BOS, INT Structure continuing bearish tapping the weekly demand zone. 3️⃣ 🔹After the failure to close below the Weak INT Low, price continued bullish sweeping the liquidity above Dec 30 and mitigating a Daily supply zone within the INT Structure Premium Zone. 🔹With the mitigation of the Daily supply, price created a Bearish CHoCH signaling the end of the Pullback Phase of the INT structure and the start of the Bearish move targeting the Weak INT Low. 🔹Price failed for the 2nd time to close below the Weak INT Low after mitigating the Daily Demand formed from the failure to close below the Weak INT Low which triggered aggressive Bullish reaction and mitigating the Daily Supply Zone formed from the recent Bearish CHoCH. 🔹After Supply mitigation, price continued Bearish following the Bearish INT Structure continuation phase. 🔹Previous week I mentioned “if the Daily formed a Bullish CHoCH (Currently above the recent mitigated Supply) this will shift my outlook to the Weekly Scenario of a deep pullback of the Weekly INT Structure to at least the Structure EQ (50%). MTF required to shift Bullish to confirm”. And with that happened I’d shifted to Bullish expectation and there is expectations of a deep pullback within the Daily Bearish INT structure. 🔹The expected targets for the current bullish move is 1st to sweep the liquidity above the equal highs (17 Dec & 27 Jan) 2nd Break of the Strong INT High to facilitate the Daily Bearish Swing pullback and the Weekly Bearish INT pullback. 🔹Currently Supply is failing and Demand is holding confirms the short-term Bullish scenario and setting my expectations for continuing Bullish. Price could pullback to the recent Daily Demand before continuing Bullish. 4H Chart Analysis 1️⃣ 🔹Swing Bullish 🔹INT Bearish 🔹Reached Swing Extreme Demand 🔹Swing Continuation 2️⃣ 🔹With the deep pullback to the Bullish Swing extreme discount and mitigating the 4H/Daily demand zones, price turned Bullish forming a Bullish CHoCH. 🔹The current Bullish move from Swing extreme discount to current price level having 2 scenarios (Previously I’d the following 2 scenarios where now I favors the 2nd scenario due to the impulsive nature of the move): Scenario 1: Pullback for Bearish INT Structure and with the recent Bearish CHoCK and Minor Demand zones are failing, I expect Bearish continuation to target the Weak INT Low which aligns with the Daily/Weekly Bearish Structure/Move. (Counter Swing – Pro Internal) Scenario 2: Bullish Swing continuation to target the Weak Swing High. Which requires to have Demand holding and Supply failing. The first sign required to confirm this scenario will be the current Demand which price is currently at to hold and we form a Bullish CHoCH. (Pro Swing – Counter Internal) 🔹With the recent moves, Supply is failing and Demand is holding solidifying the scenario that the Bullish 4H Swing continuation in play. 🔹Price swept Liq. above 30 Jan on 4H and Daily where I’d noted in the previous days analysis which can provide a decent pullback. (Bearish CHoCH is required to confirm the Sweep of Liquidity. Otherwise, it’s not enough and price will continue from the recent 4H Demand formed). 3️⃣ 🔹Expectations is set to continue Bullish to target the Weak 4H Swing High to facilitate to the Daily and Weekly expected Bullish move. Economic Events for the Week
by Amr-Sadek
Euro will break resistance level and continue to grow nextHello traders, I want share with you my opinion about Euro. A few days ago, the price was trading within a range. It dropped to the seller's zone but immediately rebounded to the upper boundary of the range. Shortly after, the price began to decline, falling below the resistance level, breaking it, and exiting the range pattern. Following this move, the price dropped to the support line and continued to hover near it. Occasionally, it bounced back toward the resistance level but quickly reversed downward. The Euro continued to fall, reaching 1.0175 and breaking through the support level, which aligned with the buyer's zone. From there, it began to climb near another support line. Later, the price broke the support level once again but then rallied to the resistance level, breaking through that as well. Afterward, EUR formed its first gap, followed by a sharp drop to the buyer's zone, creating a second, stronger gap and breaking the support line. Subsequently, the Euro started to climb within an upward channel, where it formed a third gap. At the moment, it remains in this upward trajectory. Based on this, I believe the Euro will continue to rise within the channel and eventually break the resistance level. Once the breakout occurs, I expect the price to maintain its upward momentum, so my TP is set at 1.0550. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
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