USOIL SENDS CLEAR BEARISH SIGNALS|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 68.66
Target Level: 67.34
Stop Loss: 69.53
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
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SELL
EUR/USD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Previous week’s green candle means that for us the EUR/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.133.
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EURUSD – Breakout Confirms Bullish ContinuationEURUSD has just successfully broken out of a corrective triangle pattern, confirming that the bullish structure remains intact. The price reacted well to the support zone around 1.1660 and bounced back, opening the way toward the 1.1820 target in the short term.
On the news front, the euro is gaining support as the Eurozone’s July CPI held steady at 2.6%, indicating that inflationary pressures have not fully eased—this may prompt the ECB to maintain a tighter policy for longer. Meanwhile, the USD is under mild correction pressure after U.S. CPI came in higher than expected but not strong enough to reignite rate hike expectations from the Fed.
Given the current technical setup and news backdrop, EURUSD could continue rising in the coming sessions as long as it holds above the trendline support.
USOIL Will Go Lower! Short!
Please, check our technical outlook for USOIL.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 66.917.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 62.519 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPNZD Is Bearish! Sell!
Please, check our technical outlook for GBPNZD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 2.248.
Considering the today's price action, probabilities will be high to see a movement to 2.241.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GOLD BEARISH BIAS RIGHT NOW| SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,346.66
Target Level: 3,283.88
Stop Loss: 3,388.42
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
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NZD/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
NZD/CHF is trending down which is clear 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 classical trend following opportunity for a short trade from the resistance line above towards the demand level of 0.475.
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AUD/NZD SHORT FROM RESISTANCE
Hello, Friends!
AUD/NZD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.087 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBP/AUD BEARS ARE STRONG HERE|SHORT
GBP/AUD SIGNAL
Trade Direction: short
Entry Level: 2.092
Target Level: 2.060
Stop Loss: 2.114
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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GBP/NZD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
GBP-NZD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2.251 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/NZD pair.
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BTCUSDT – Bullish Momentum MaintainedBitcoin is maintaining a solid bullish structure after breaking out of its recent accumulation zone and filling the FVG gap around $110,400. On the H4 chart, BTCUSDT has just completed a successful retest near the dynamic support zone and is now aiming for the potential resistance at $112,949 – where it intersects with a long-term trendline. A breakout above this level could signal the start of a new expansion phase.
Major news from yesterday regarding new capital inflows into several approved spot Bitcoin ETFs, combined with rising expectations of a Fed rate cut later in Q3, are fueling strong buying momentum. This rally could gain even more strength if crypto markets continue to attract liquidity.
XAUUSD – Gold Surges on Safe-Haven Flows and Strategic BuyingXAUUSD is rebounding from the bottom of a descending channel, showing signs of breaking through the short-term resistance around $3,332.700. If price holds above this level, the bullish momentum could extend toward $3,350 and beyond.
On the news front, President Trump's announcement of new import tariffs on multiple countries has triggered safe-haven inflows into gold. Meanwhile, consistent buying from central banks and the ongoing trend of global de-dollarization continue to provide solid support. Unless a major negative shock occurs, gold is likely to maintain its upward momentum in the short term.
AUDUSD – The Spring Is Loading!AUDUSD has just pulled off an impressive rebound from the 0.6460 support zone, bouncing cleanly off the ascending trendline — like a compressed spring ready to launch. The repeated appearance of Fair Value Gaps after recent upward moves reveals a critical clue: smart money is stepping back in, and this time, they want control.
The price is now testing the familiar resistance at 0.6616 — a zone that has previously rejected several bullish attempts. But this time feels different. The US dollar is clearly losing steam after softer CPI data, pushing bond yields lower and giving AUD a tactical edge.
If the 0.6520 support holds strong, the next breakout won’t just be about overcoming resistance — it could be the spark for a new bullish wave. And when that wave hits... it won’t go unnoticed.
GBPJPY – Correction Pressure Is Building UpGBPJPY is still trading within a well-defined ascending channel on the H4 chart. However, recent signals suggest a potential short-term correction. The price has repeatedly rejected the upper boundary of the channel and is now forming a distribution pattern with lower highs. The FVG zone near 200.400 may act as a short-term take-profit area before price pulls back toward the support zone around 198.400, which also aligns with the lower trendline.
Additionally, the upcoming UK GDP data this week could strongly impact GBP. If the data comes in weaker than expected, downside pressure may intensify and reinforce the developing correction scenario. Traders should monitor price action around 198.400 for confirmation of the pullback.
XAUUSD - Sell or Buy ? Hello everyone, great to see you again!
Today, OANDA:XAUUSD remains under notable pressure as the U.S. continues to signal a tougher trade stance. The latest move: the U.S. President announced a 50% import tariff on copper and a potential 200% tariff on pharmaceuticals, following a previous tariff notice ranging from 25% to 40% sent to 14 countries — including Japan, South Korea, Thailand, and Malaysia.
This isn’t just about protectionism. These measures fuel fears of global inflation, supply chain disruptions, and a broader economic slowdown. With surging prices in raw materials and essential goods, consumers may be forced to cut back spending, a classic warning sign for future growth.
In this environment, investors had hoped gold would shine again as a safe haven asset. However, the recent bullish momentum has been underwhelming, signaling ongoing market hesitation.
📉 On the H4 chart, XAUUSD is being squeezed into a descending pattern, which typically carries a high probability of a downside breakout. If the current support fails, the next target could fall below the 32xx area.
On the flip side, if supportive news emerges — such as a hint of rate cuts from the Fed — gold must break above the $3,335 level to revive bullish sentiment.
🔎 What do you think? Will gold break lower — or bounce back? Drop your thoughts below!
BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT
BITCOIN SIGNAL
Trade Direction: short
Entry Level: 111,047.38
Target Level: 109,294.85
Stop Loss: 112,211.89
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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CHF/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are going short on the CHF/JPY with the target of 179.028 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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GOLD Is Very Bearish! Short!
Here is our detailed technical review for GOLD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 3,320.51.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 3,298.54 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPJPY Will Go Lower From Resistance! Sell!
Here is our detailed technical review for GBPJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 199.046.
The above observations make me that the market will inevitably achieve 196.674 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURUSD Will Go Lower! Short!
Please, check our technical outlook for EURUSD.
Time Frame: 30m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.172.
Considering the today's price action, probabilities will be high to see a movement to 1.170.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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XAUUSD – Bearish Pressure Continues Below the TrendlineGold remains in a downtrend as price consistently gets rejected at the long-term descending trendline. After a short-term rebound toward the $3,341.300 level – near the trendline – XAUUSD is likely to resume its decline toward the support area at $3,254.400. The visible FVG zones indicate that selling pressure is still dominant.
In terms of news, the upcoming U.S. CPI data release on July 11 is the key event that could trigger strong volatility in gold prices. Previously, market sentiment turned cautious after the U.S. government delayed new tariffs on 14 countries, reducing risk-off demand and pulling capital away from gold. If the CPI data comes in hotter than expected, it could further fuel the downside momentum.
Keep an eye on the $3,254.400 level – this is the final support before gold potentially extends its drop to lower price zones.
BTCUSDT – Calm Before the BreakoutBitcoin is holding firmly above the ascending trendline, consolidating within the accumulation range of $98,000 to $117,000. The current structure suggests that buyers remain in control, especially after a strong rebound from the $98,450 support zone.
In terms of news, BTC has been slightly affected by market concerns over new U.S. tariffs. However, on-chain data still shows strong accumulation around the $108,000 level. If this base holds, BTCUSDT could break out toward the $117,424 target in the near term. Conversely, if the trendline fails, the $98,000 level will be the final stronghold for the bulls.
Gold Loses Its Shine – Short-Term Sentiment Turns BearishHello everyone, great to see you again for today’s market chat!
The factors that once made gold appealing — inflation fears, economic uncertainty, and the flight to safety — are gradually fading. As confidence grows that the Fed will maintain high interest rates for an extended period, capital is steadily moving away from gold and into more stable, yield-generating assets.
Across the financial community, there’s growing consensus: gold is no longer a top investment priority. The U.S. dollar is gaining strength, Treasury yields are rising, and gold’s support structure is weakening. While investors await the Fed’s next move, many are staying on the sidelines — or even leaning toward a bearish outlook. Notably, the rebound in the DXY is also playing a key role in adding pressure.
Gold is currently lacking momentum, lacking support, and most of all — lacking conviction. At this stage, the trend is no longer a debate, but a widely accepted short-term reality.
What about you — where do you think gold is headed next?