XAUUSD (2H) - Strong Bullish TrendOANDA:XAUUSD
📶Technical Analysis:
🟢 Early February, the price tested the resistance zone at 2880.0, forming an all-time high. This level was retested twice before the strong breakout on February 10, pushing the price to a new all-time high around 2940.0.
🟢 After the new high, the market entered a correction phase, testing the support level at 2880.0 again. On February 12, the price revisited this zone, forming a strong bullish candle with a large lower shadow. This candle suggests a morning star pattern, a classic trend reversal signal, with buyers stepping in after the retracement.
🟢 The morning star pattern was followed by another bullish candle, confirming the potential reversal and support holding at 2880.0. This indicates that the market is likely to continue its bullish trend if the support level at 2880.0 holds.
🟠 The next critical level for XAUUSD is 2940.0. If the price fails to break above this resistance, a short-term reversal or sideways movement may occur. Watching for price action and candles around this level will be key for future trades.
🔤 Summary:
🟢 Support: 2880.0 (tested on February 12)
🔴 Resistance: 2940.0 (previous all-time high)
🟡 Given the bullish candle patterns and support holding at 2880.0, the trend appears to be strong, and a continuation higher could be expected. However, caution should be taken at the next level of resistance around 2940.0, where the previous high was formed
USD
EURUSD 14 Feb 2025 W7 - Intraday - EU GDP - US Retail SalesThis is my Intraday analysis on EURUSD for 14 Feb 2025 W7 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
1. Impact of CPI and PPI on Inflation Expectations
CPI Outcome: The headline CPI rose to 3.0% YoY (vs. 2.9% forecast), while core CPI increased to 3.3% YoY, signaling persistent inflationary pressures 10. However, the market reaction was muted due to mixed signals.
PPI Analysis: The headline PPI exceeded forecasts (3.5% YoY), but key components linked to core PCE inflation (the Fed’s preferred metric) suggested a potential moderation. Analysts noted that softer PCE data next week could ease Fed tightening fears, supporting risk assets like the Euro.
Investor Positioning: Futures traders now price in 33 basis points of Fed cuts in 2025, up from 29 basis points pre-PPI, indicating growing optimism about disinflation.
2. Trump’s Reciprocal Tariffs: Negotiation vs. Trade War
Tariff Announcement: Trump’s directive to formulate reciprocal tariffs (e.g., 25% on steel/aluminum) was not immediately implemented, with a delayed enforcement timeline (potentially April). Markets interpreted this as a negotiation tactic rather than an escalation into a trade war.
Market Reaction: The USD weakened (DXY fell to 107.25) as investors focused on the negotiation window and avoided panic-driven safe-haven flows. The Euro benefited from reduced trade-war fears, rising to $1.0469 in early Asian trade.
3. Geopolitical Optimism and Risk Sentiment
Ukraine-Russia Peace Talks: Reports of potential territory swaps and Trump’s mediation efforts bolstered risk appetite. A resolution could alleviate Eurozone energy and supply-chain pressures, supporting EUR/USD.
Equity Market Stability: European stocks (e.g., Euro STOXX 50) pared losses, with sectors like utilities and healthcare outperforming. This resilience reduced demand for the USD as a safe haven.
4. Central Bank Dynamics
The ECB is expected to cut rates further (market pricing in 3 cuts in 2025), while the Fed maintains a cautious "higher-for-longer" stance. However, softer PCE expectations may narrow this divergence, favoring EUR/USD.
5. Key Risks and Catalysts Today
U.S. Retail Sales & Industrial Production:
Forecasts suggest a 0.2% MoM decline in retail sales (first drop in 5 months) and slower industrial production growth. Weak data could amplify USD selling.
Tariff Negotiation Updates: Any hints of tariff implementation timelines or retaliatory measures from the EU/China may reignite volatility.
Final Sentiment Summary
Short-Term Bias: Cautiously Bullish for EUR/USD.
Support Factors: Soft PCE expectations, delayed tariffs, and geopolitical optimism.
Investors will monitor retail sales data and tariff rhetoric for intraday momentum shifts. A softer PCE print next week could solidify bullish sentiment, while tariff escalation remains the primary risks.
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.
🔹Currently price is sweeping 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. A decent pullback is also expected if the Liq. is enough and market sentiment is aligning with the pullback (Requires market Fear/ Risk-Off).
15m Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Pullback
2️⃣
🔹Swing structures continued Bullish with 2 Bullish BOS yesterday (High Volatility).
🔹The current 15m Bullish structures confirms for me the 4H Bullish Swing continuation and we are targeting high.
🔹After the recent 15m Swing BOS, we expect a pullback.
Current structure doesn’t have much clear demand zone (the 70% of the structure is a 4H Demand zone).
🔹Price expected to have a pullback to the recent demand identified (Not well positioned as it’s in premium) or to structure EQ (50%)/Discount to continue Bullish and target the Weak Swing High.
🔹I want to note that the 4H had swept Liq. above 30 Jan High which could initiate a decent pullback on price after that aggressive move up.
3️⃣
🔹Expectation of price to continue Bullish as long the Swing Low hold and pullbacks are contained within the structure.
Bearish drop?The Fiber (EUR/USD) is reacting of the pivot which acts as a pullback resistance and could drop to the 50% Fibonacci support.
Pivot: 1.0463
1st Support: 1.0377
1st Resistance: 1.0522
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Bullish bounce off 50% Fibonacci support?USD/JPY is reacting off the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could rise from this level to our take profit.
Entry: 152.72
Why we like it:
There is a pullback support level that line sup with the 50% Fibonacci retracement.
Stop loss: 151.20
Why we like it:
There is an overlap support level.
Take profit: 154.64
Why we like it:
There is a pullback resistance level.
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USDD/JPY bulls eye 156A hot set of inflation figures from the US alongside risk-on outflows from then yen helped USD/JPY post its best daily gain of the year. While the daily chart shows Wednesday's high stalled at trend resistance, but the strong bullish trend on the 1-hour chart suggests its more likely we'll see an upside break of it than not.
The 50-day SMA at 155.22 makes a potential interim target for bulls, a break above which brings the monthly pivot point near the 156 handle into focus.
Matt Simpson, Market Analyst at City Index and Forex.com
Falling towards overlap support?USD/CHF is falling towards the support level which is an overlap support and could bounce from this level to our take profit.
Entry: 0.9009
Why we like it:
There is an overlap support level.
Stop loss: 0.8973
Why we like it:
There is a pullback support level.
Take profit: 0.9072
Why we like it:
There is a pullback resistance level.
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Bullish bounce?USD/CAD is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 1.4176
Why we like it:
There is a pullback support level.
Stop loss: 1.4088
Why we like it:
There is a pullback support level.
Take profit: 1.4280
Why we like it:
There is a pullback resistance level.
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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.
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Potential bullish rise?EUR/USD has reacted off the resistance level which is a pullback resistance and could rise from this level to our take profit.
Entry: 1.0422
Why we like it:
There is a pullback resistance level.
Stop loss: 1.0381
Why we like it:
There is a pullback support level.
Take profit: 1.0521
Why we like it:
There is a pullback resistance that lines up with the 100% Fibonacci projection.
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.
AUDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.62700 zone, AUDUSD is trading in a downtrend and currently is in correction phase in which it is approaching the trend at 0.62700 support and resistance area.
Trade safe, Joe.
EURUSD Potential DownsidesHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.04700 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.04700 support and resistance area.
Trade safe, Joe.
GBPUSD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25400 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25400 support and resistance area.
Trade safe, Joe.
Life for 100+ RUB for 1 USDPlease note that life for the majority of RF residents will begin in the new year with an incredible increase in the price of the dollar. The ruble is very weak, in addition to all this strengthening of the ruble will decrease in February 2025. At the moment 60% of export profits go to the strengthening of the ruble, from February this value will fall to 20%. Get ready!
Horban Brothers.
Gold NEW ATH to $2,912?! (VIDEO ANALYSIS)4H chart has hit our resistance zone & rejected. But, on the smaller TF we're currently seeing a re-distribution schematic play out on Gold ahead of its sell off which means we MIGHT see 1 more new ATH. Re-distribution schematics normally take place in between Wave 3 high, Wave 4 low & Wave 5 high.
This sell off schematic normally builds up within a 'Flat Correction' channel, which traps in early sellers & late buyers into the market. This is why it's a hard pattern to recognise.
⭕️POI 1: $2,857 - $2,848
⭕️POI 2: $2,826 - $2,817
EURUSD Buy the breakoutEURUSD is trading inside a Channel Up on the (1h) time frame and is currently testing Resistance (1).
Trading Plan:
1. Buy if the price breaks above the Resistance.
Targets:
1. 1.04870 (+1.12% like the prior bullish wave).
Tips:
1. The RSI (1h) is trading sideways, supporting a buy low / sell high plan within the Channel Up.
Please like, follow and comment!!
USDCHF to find buyers at market price?USDCHF - 24h expiry
Levels close to the 78.6% pullback level of 0.9151 found sellers.
We expect a move lower in a corrective sequence, targeting Fibonacci retracement levels.
Buying continued from the 50% pullback level of 0.9083.
We look to buy dips.
Offers ample risk/reward to buy at the market.
We look to Buy at 0.9083 (stop at 0.9058)
Our profit targets will be 0.9153 and 0.9168
Resistance: 0.9115 / 0.9140 / 0.9156
Support: 0.9089 / 0.9070 / 0.9055
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EURO - Price may leave pennant and then start to declineHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some days ago price started to decline inside a falling channel, where it at once broke $1.0430 level.
In channel, price declined to $1.0250 level and then tried to grow, but failed and dropped lower $1.0250 level to $1.0175 points.
After this, price started to grow in rising channel, where it rose to $1.040 points, breaking two levels.
Then Euro exited from a rising channel and started to decline inside pennant, where it soon made a strong gap.
Next, price rose to resistance line of pennant, after which corrected, making a second gap and rose back.
Possible now, Euro can exit from pennant, rise almost to resistance level, and then fall to $1.0275
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EURUSD 13 Feb 2025 W7 - Intraday - US PPI, Tariffs & Peace TalksThis is my Intraday analysis on EURUSD for 13 Feb 2025 W7 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
The EUR/USD’s rise yesterday, despite hotter-than-expected U.S. CPI data, reflects a complex interplay of technical, geopolitical, and market sentiment factors.
Initial CPI Shock and Subsequent Rebound
The U.S. CPI rose 3.0% YoY (vs. 2.9% forecast), with core CPI hitting 0.3% MoM, triggering an immediate USD rally and EUR/USD dips.
Fed Policy Expectations vs. Market Positioning
Despite the CPI spike, Fed Chair Jerome Powell downplayed urgency for rate hikes, stating the Fed is “close but not there yet” on inflation. This tempered fears of aggressive tightening and limited USD upside.
Geopolitical De-escalation and Risk Sentiment
Reports of a potential territory swap deal reduced geopolitical risk aversion, weakening the USD’s safe-haven appeal and supporting the Euro.
Diverging Central Bank Policies
While the Fed’s cautious stance limited USD gains, the ECB’s restrictive policy (rates at 2.75% vs. Fed’s 4.5%) and improving Eurozone PMI data (manufacturing: 46.6; services: 51.3) supported EUR strength.
The EUR/USD rally was a corrective rebound driven by:
Technical triggers after oversold conditions.
Powell’s refusal to escalate hawkish rhetoric.
Geopolitical optimism overshadowing inflation risks.
Relative Eurozone resilience amid global trade uncertainties.
While CPI data initially favored the USD, the market’s focus shifted to policy stability and risk sentiment, allowing the Euro to recover. However, sustained EUR strength hinges on ECB rate cuts and tariff developments.
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)
🔹The reaction from the recent 4H Demand Zone formed a Bullish CHoCH and a fresh Demand zone where price can pullback to after tapping the recent 4H Supply Zone.
3️⃣
🔹Expectations is set to Bullish targeting the Liquidity above the Feb 5 and then Jan 30 before any considerable pullback to then continue to target the Weak 4H Swing High.
15m Chart Analysis
1️⃣
🔹Swing Bearish
🔹INT Bullish
🔹Sweeping Swing High
2️⃣
🔹With yesterday economic and geopolitics news, we had a mixed moves based on investors sentiment and their appetite to risk.
🔹INT structure continuing Bullish aligning with the 4H Bullish Swing continuation phase.
🔹Currently price in the process of creating a 15m Bullish Swing (BOS).
3️⃣
🔹With current Bullish INT Structure and the expected Bullish BOS on 15m and it’s alignment with the 4H Bullish Swing continuation phase, expectations is set to continue Bullish to facilitate the 4H Bullish move.
🔹Having in mind that after the 15m Bullish BOS we will have a pullback which will provide opportunities to Long as Shorts currently are not viable for me.
EURUSD (2H) - High Volatility and Bearish MomentumOANDA:EURUSD
📶 Technical Analysis:
Weekly Chart
🟢 The overall trend has been consistently bearish since October 2024, indicating a longer-term downtrend
🟢 A strong level of support has been broken and tested at 1.0500, indicating potential for further bearish movement.
🟠 In the past three weeks, volatility has significantly increased, due to a combination of fundamental factors.
Daily Chart
🟢 The overall trend has been bearish since October 2024, reinforcing a larger downside momentum.
4-Hour Chart
🟡 There was a bullish trend early in 2025, but it was broken, and bearish momentum took over by the end of January.
🔴 The February opening gap, influenced by Trump tariffs, caused a strong bullish volatility before a reversal took place.
2-Hour Chart
🟢 A reversal pattern in the form of a double top is visible, suggesting that the bullish momentum has ended. This pattern has been confirmed by two lower highs and two lower lows.
🟡 Watch for a retest of the 1.035 resistance level and confirmation of the double top pattern.
🟢 A break below the recent low at 1.030 would suggest continued bearish movement.
🟠 The next strong support level on the daily chart is around 1.022, where the price could potentially stall or reverse if it moves lower.
🆕 Fundamental Analysis:
🟢 The EUR/USD dropped to near 1.0360 after the release of US Nonfarm Payrolls (NFP) data for January.
🟡 US Labor Market: The economy added 143K jobs, fewer than expected (170K), but the Unemployment Rate dropped to 4% (better than the expected 4.1%).
🟡 The Fed is expected to cut interest rates in its June meeting, but this is uncertain due to mixed signals from the labor market. Chair Powell indicated that any rate adjustments will depend on real progress in inflation or weakness in the labor market.
🟢 President Trump warned of potential tariffs on European goods, which could hurt the Eurozone economy. The Eurozone is facing increased uncertainty, with concerns about higher US tariffs negatively affecting growth.
🟢 EUR/USD faces continued selling pressure, as the Eurozone's economic outlook remains weak, especially with the risk of US tariffs and a dovish ECB.
🔤 Summary:
🟡 Neutral Position Above Red Trend Line: If the price breaks above the red trend line, it could signal a shift to a neutral position, requiring fresh analysis for clearer direction.
🟢 Bearish Continuation Confirmation: As long as the price remains below resistance and the double top formation holds, a bearish continuation is likely.
🟡 Watch for Key Breaks: Pay attention to the break below 1.030 and how price reacts to the 1.022 support level for further confirmation of the bearish trend.
GBPUSD, Pull-back time has arrivedGBPUSD/ 1D
Hello Traders, welcome back to another market breakdown.
GBPUSD is showing strong bullish momentum after the dollar index DXY
broke below resistance. However, the price is at the overbought zone for now. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the middle of the range zone for a more strategic entry.
If the pullback holds and buy mode confirms, the next leg higher could target:
Weekly high shown in the chart
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.