Based on the current Gold (XAU/USD) price of $2,793, let's analyze potential trading setups on the 15-minute (M15), 1-hour (1H), and 4-hour (4H) timeframes, incorporating technical indicators such as Engulfing patterns, Exponential Moving Averages (EMA), Fibonacci retracement levels, and Support and Resistance (S&R) levels. 15-Minute Chart (M15): Buy Setup: Entry Price: If the price retraces to the Fibonacci 38.2% level of the recent upward move, around $2,785, and shows a Bullish Engulfing pattern. Stop Loss (SL): Place SL below the recent swing low or support level, e.g., $2,780. Take Profit (TP): Aim for the next resistance level or the Fibonacci 61.8% extension, approximately $2,800. Sell Setup: Entry Price: If the price reaches the Fibonacci 61.8% retracement level of the recent downward move, around $2,800, and forms a Bearish Engulfing pattern. Stop Loss (SL): Set SL above the recent swing high or resistance level, e.g., $2,805. Take Profit (TP): Target the next support level or the Fibonacci 38.2% extension, approximately $2,785. 1-Hour Chart (1H): Buy Setup: Entry Price: Look for a retracement to the Fibonacci 38.2% level of the recent upward trend, around $2,770, accompanied by a Bullish Engulfing pattern. Stop Loss (SL): Place SL below the significant support level or recent swing low, e.g., $2,760. Take Profit (TP): Aim for the next key resistance level or the Fibonacci 61.8% extension, approximately $2,820. Sell Setup: Entry Price: If the price ascends to the Fibonacci 61.8% retracement level of the recent downward trend, around $2,820, and exhibits a Bearish Engulfing pattern. Stop Loss (SL): Set SL above the recent swing high or resistance level, e.g., $2,830. Take Profit (TP): Target the next support level or the Fibonacci 38.2% extension, approximately $2,770. 4-Hour Chart (4H): Buy Setup: Entry Price: Anticipate a pullback to the Fibonacci 38.2% retracement level of the broader upward movement, around $2,750, confirmed by a Bullish Engulfing pattern. Stop Loss (SL): Place SL below a major support level or the recent swing low, e.g., $2,730. Take Profit (TP): Aim for the next significant resistance level or the Fibonacci 61.8% extension, approximately $2,850. Sell Setup: Entry Price: If the price rises to the Fibonacci 61.8% retracement level of the recent downward movement, around $2,850, and forms a Bearish Engulfing pattern. Stop Loss (SL): Set SL above the recent swing high or key resistance level, e.g., $2,870. Take Profit (TP): Target the next support level or the Fibonacci 38.2% extension, approximately $2,750.
CADJPY (1D Timeframe) Analysis Market Structure: The price is currently respecting a channel support level, indicating that buyers are defending this zone. This support has previously acted as a strong area for reversals, suggesting the possibility of a bullish move if the price holds above it. Forecast: A buy opportunity is expected if the price confirms a bounce from the channel support, signaling potential upside movement within the channel. Key Levels to Watch: - Entry Zone: Near the channel support after confirmation of bullish signals. - Risk Management: - Stop Loss: Placed below the channel support or the recent swing low. - Take Profit: Target the midline or upper boundary of the channel for potential upward movement. Market Sentiment: The channel support level suggests that buyers may take control if the price holds above this area. Confirmation of a bounce is recommended before entering a trade to align with the prevailing market structure.
? Friends, the market is heating up! Bears have pushed oil down to a key support level – $72 per barrel. This is the last point where wave (5) of the impulse could start forming. ? Bearish scenario: A break below this level could send oil to new yearly lows. ? Bullish scenario: We see a bullish divergence on the H1 chart, and the price is testing the upper boundary of the descending regression channel. If the bulls manage to break $73.52, we consider it reasonable to buy with targets at $75.90 and $78.50. ⚠️ Risk factor: Oil remains highly volatile due to news events. Additionally, Trump is once again threatening new sanctions on Russia’s oil sector and a 25% tariff on goods from Canada—which the market may see as a potential catalyst for growth. ? Trade carefully and don’t forget stop-losses! What’s your outlook? Share your thoughts in the comments!
Find out the video to know how price reacted and how we predicted the level and at last there is an amazing setup which works 100% in trending market either upside or downside.
The GBPUSD pair is located between the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. In case of a downward correction, the pair can be bought within the specified demand zone. British Prime Minister Keir Starmer stated that the government has clearly received the message regarding deregulation. He emphasized that simplifying regulations and removing certain restrictions could have a positive impact on economic activities and businesses. Starmer also highlighted the transformative potential of artificial intelligence in the economy. He added that the UK’s economic outlook is improving and that the government’s top priority is “growth, growth, and growth.” Additionally, he pointed to the significant trade partnership between the UK and the United States, stressing that this economic collaboration could play a key role in the country’s future growth. Meanwhile, analysts at TD Securities believe that the Federal Reserve will refrain from cutting interest rates in the first half of this year. This decision is attributed to the persistence of core inflation and the resilience of the U.S. economy in the first quarter, which keeps policymakers cautious. Furthermore, the potential economic impact of new tariffs under a Trump administration in the second quarter reinforces this outlook. Although the Federal Reserve officially bases its decisions on economic data, TD Securities argues that political influences are becoming increasingly significant in shaping monetary policy. According to TD, Trump’s role in U.S. monetary policy is growing. As a result, the institution maintains a bullish outlook on the U.S. dollar and sees any rate cuts as buying opportunities, particularly against the euro, Canadian dollar, and British pound. At the same time, analysts at Goldman Sachs believe that the Federal Reserve will wait for further progress in reducing inflation before proceeding with additional rate cuts. However, they still expect the Federal Open Market Committee (FOMC) to implement two 0.25% rate cuts later this year, in June and December, with an additional cut projected for 2026. Additionally, economists at Citi anticipate that the Federal Reserve’s preferred inflation gauge—the 12-month PCE inflation rate—will decline in the coming months as the effects of the sharp price increases from early 2024 begin to fade. They also note that both the six-month and three-month core PCE inflation rates are on a downward trajectory and are expected to fall below 2.5%.
We see price is heading to 0.9018 a breakthrough through this will confirm the bullish momentum we looking for 50+ pips of profits
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Bullish Divergence off a nice level on AMD, could push back into $130
https://www.tradingview.com/x/Eub0zIai/ Hello, Friends! EUR/JPY is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 159.900. ✅LIKE AND COMMENT MY IDEAS✅
Tesla (TSLA) Stock Rises Despite Disappointing Earnings Report Following the close of the main trading session on 29 January, Tesla (TSLA) released an earnings report that fell short of analysts' expectations. The company reported: → Earnings per share (EPS) of $0.66, below the expected $0.74. → Revenue of $25.7 billion, missing the forecasted $27.3 billion. Despite this, Tesla’s stock chart shows that the candle on 30 January closed around the key psychological level of $400, approximately 2% higher than the previous day’s close. Investor concerns over weak quarterly results may have been offset by Elon Musk’s optimistic outlook, as he suggested Tesla’s business would return to growth in 2025, driven by: → New, more affordable electric vehicle models. → Progress in autonomous driving technology. According to Business Insider, Musk stated that: → Tesla will begin testing a paid autonomous vehicle service in Austin, Texas, by June 2025. → The Full Self-Driving (FSD) software will undergo human-free testing in multiple states, including California, within a year. → Tesla is on track to become “the most valuable company” in the world, with strengthened production lines making 2026 an “epic” year. https://www.tradingview.com/x/INajAf8G/ The technical analysis of Tesla (TSLA) stock shows that the bullish momentum (marked by the orange curve), which was supported by the market’s reaction to Trump’s victory, has already weakened as the price has broken below this trendline. Meanwhile: → The $433 level has acted as strong resistance, turning the price down three times (marked by black arrows), indicating bearish confidence that TSLA is overbought above this point. → The 2025 low around $385 serves as key support, preventing a deeper decline into the long-term rising channel (shown in blue). TSLA’s price may fluctuate within this range until a fundamental catalyst shifts market sentiment. Analysts, however, remain sceptical about TSLA’s outlook. According to TipRanks: → Only 12 out of 33 analysts recommend buying TSLA shares. → The 12-month price target averages $335, below current levels. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.