Targets: 160.59 PKR — This is the first key resistance level and a clear target, where the price might face selling pressure. 195.91 PKR — Major upper target or longer-term resistance zone, if the momentum continues. ? Supports: 95.33 PKR — Strong historical support, price has bounced from this level before. Around 135-138 PKR — This area, marked by the blue trendline, is acting as dynamic support as the price respects the upward trend. ? RSI Insight: RSI is at 62.38, which is heading toward the overbought zone but still has room for upside. Watch for an RSI break above 70 for overbought or below 50 for potential weakness. The chart shows a bullish breakout above minor resistance, approaching 147 PKR now. If it sustains above this, 160.59 looks like the next pit stop.
EURUSD continues to move within a well-defined ascending price channel, forming consistently higher highs — a clear sign that buyers still hold the momentum. After a confident breakout above the 1.148–1.150 zone, the price is now consolidating near support and the trendline, as if “building energy” for the next bullish push. The nearest targets lie at 1.15659, and if a breakout occurs, the 1.17010 zone comes into focus. Technically: EMA34 and EMA89 are pointing upward — the medium-term structure remains solid, and the trend is intact. If the price bounces off the trendline again, it would signal a strong continuation of the bullish move. Supporting news backdrop: The U.S. Flash Manufacturing PMI is forecasted at 49.0 — lower than the previous 50.2 → this signals growing risks of economic slowdown → adds pressure on the USD → strengthens demand for EURUSD as an alternative.
My yearly target for DXY has been smashed in April, not even 6 months in, lol. The move was fast and brutal, many were left out. Now I think we will see some cool off, a retracement or a range, dont hold trades as the market may range after such big move and I don't like holding a ranging market. Learn to let your profit run, stop chasing few pips. Dxy fell thousands pips and you caught only 100 pips due to day trading, it doesn't make sense. Learn to see the bigger picture My TP 1 is 99 TP 2 = 101.3 Enjoy Follow me as my trades are market order, so you'll see it on time and enter at premium
Gold prices have soared to a new record high of $3,500 per ounce, fueled by a weakening U.S. dollar and escalating concerns over Federal Reserve policies and trade tensions. The dollar index has fallen to 98.164, prompting investors to seek refuge in gold as a safe-haven asset. This surge reflects a strong bullish sentiment, with traders buying into the rally despite traditional overbought indicators. - Analysts are now eyeing a potential temporary pullback for gold and profit taking.
Elliott wave trade setup H4 update the previous wave count minute ((3)) developping - fib target 1.618 area 3490 macd momentum slow down minute wave ((4)) should follow corrective fib target 0.382/0.50 - 3294/3230 macd to zero line ichimoku first support 3410/3350
Warming up above the 200MA Position above the MA allows for the possibility of the bulls taking charge out of this downward stretch Kind of a bullflag structure 4Hr timeframe
During Asian trading hours, international gold prices maintained record gains, reaching a maximum of 3,495, as U.S. President Trump criticized the Chairman of the Federal Reserve and concerns that trade tensions could hinder economic growth drove demand for safe-haven assets. After yesterday's surge of nearly 100 US dollars and breaking through the 3,400 mark, the price of gold further climbed over 80 US dollars during the day, reaching a maximum of 3,494, with an intraday increase of nearly 2%. Judging from the current trend, gold prices seem to be breaking through the 3,500 mark just around the corner. However, it should be noted that this wave of market sentiment is mainly driven by market sentiment and has broken away from the framework of traditional technical analysis. For investors, in such extreme conditions, it may be a safer choice to stay on the sidelines. In particular, we must avoid blind short selling. In the current upward trend, short selling is undoubtedly an extremely risky operation. The technical moving average radiates upward, the technical indicators continue to rise, and the bullish signal is clear. After the 4H chart reached a new high, the top divergence of technical indicators intensified, and gold is currently experiencing a technical correction. The upper resistance is currently blocked at 3500-3510, while the lower part needs to pay attention to the 3455 first-line watershed. For intraday operations, it is still recommended to focus on retracement and long positions, and wait patiently for key positions to enter the market. Intraday operation suggestions: buy 3455-3555 TP 3500-3520 Radical brothers go long at 3470 If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD CAPITALCOM:GOLD FOREXCOM:XAUUSD FX:XAUUSD
Oil remains very strong and continues to show bullish behavior. There is a high probability of a further move to the upside. After the recent correction — where my previous long was stopped out with a small profit — I am looking to re-enter long positions.
Next target don't miss it Not financial advice trade and menege your owner
The price divergence on CAD is good for a typical double bottom Trendline has also been broken