BTC recovery within the downtrend – watch for sell signalsHello friends,
Today, BTCUSD is showing a slight bearish bias, currently hovering around $115,000.
On the macro front, global financial markets are still digesting expectations that the Fed could cut interest rates in September, with current odds close to 90%, according to the CME FedWatch Tool. The main driver? Last week’s disappointing Non-Farm Payroll (NFP) report, which slightly weakened the US dollar and gave Bitcoin some short-term relief.
However, BTC is still not out of the woods. Institutional investors remain cautious, awaiting clearer signals from the Fed. If the US stock market pulls back, Bitcoin could follow suit as part of a short-term profit-taking wave.
From a technical point of view, BTCUSD is still respecting a well-defined descending channel on the H4 timeframe. Price is approaching a strong confluence resistance zone around $115,800 (Entry Sell 1), aligned with both EMA and trendline. The next key level to watch is $118,000 (Entry Sell 2) – a zone that may trigger a false breakout before sellers step back in.
Looking ahead, the plan is to sell if the price shows rejection signs near 115,800 or 118,000. Place your SL just above resistance, and TP targets at 112,000, with an extended target near the $110,000 channel bottom.
So, what’s your take – will BTC break the downtrend channel or drop further?
Drop your thoughts in the comments below!
Signals
NATGAS WILL FALL|SHORT|
✅NATGAS made a retest of the
Strong horizontal resistance level of 3.150$
And as you can see the price is already
Making a local pullback from
The level which sends a clear
Bearish signal to us therefore
We will be expecting a
Further bearish correction
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
EURUSD Holds Above 1.1600 – Where Will The Upside Go?Hey everyone, do you think EURUSD will continue to rise?
Yesterday, EUR/USD had a strong rally, breaking through the 1.1600 level, and it’s currently holding its gains in today’s European session.
The main reason behind this rise is an improved risk sentiment, making it harder for the US dollar to gain traction. Investors are awaiting comments from Fed officials, which is providing support to EURUSD.
In the short term, the market seems ready for another push higher. The next key resistance level to watch is 1.1800, and if it breaks through, the path towards 1.19XX could open up.
What do you think? Will EURUSD continue this strong upward momentum? Share your thoughts below!
Good luck with your trading!
GOLD: Local Bearish Bias! Short!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 3,375.02 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
EURUSD Will Move Lower! Short!
Here is our detailed technical review for EURUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.167.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.157 level soon.
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
EURUSD – price retest in motion, will the selloff resume?After a decisive break below key support, EURUSD is now retesting that zone in a classic break–retest setup. While familiar to many traders, this structure can be deceptive if the reaction is misread.
Currently, price action remains cautious. Buyers have pushed price back toward the former support – now acting as resistance – but we haven’t seen any strong bullish candle closes. If clear rejection signals emerge (such as a bearish engulfing candle or increasing downside momentum), EURUSD is likely to resume its decline toward TP1 at the Fibonacci extension near 1.1288, or even further down to TP2 at the 1.618 extension.
On the flip side, a convincing break and hold above 1.1580 would invalidate the short-term bearish outlook. That would signal a potential shift in market sentiment – and flexibility will be key.
I’m currently waiting for more confirmation.
What about you – how are you reading this reaction? Let me know your take in the comments!
Gold Trend Analysis August 7, 2025Market Overview
- Gold prices rose slightly in the first trading session of the week due to geopolitical concerns in the Middle East and weak US employment data
- However, selling pressure returned in the early morning today as the USD recovered and US bond yields rose slightly again
- The market is waiting for the speech of the Fed officials later today, which is expected to be hawkish
Factors that pressured gold down
- DXY index rose again, putting pressure on gold prices, which are priced in USD
- US 10-year bond yields increased
- FED said it was not in a hurry to cut interest rates
- Money flows shifted to stocks
NZD-CAD Bullish Flag Breakout! Buy!
Hello,Traders!
NZD-CAD made a bullish
Breakout from the bullish
Flag pattern and the breakout
Is confirmed so we are
Bullish biased and we will
Be expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
US30: Bulls Are Winning! Long!
My dear friends,
Today we will analyse US30 together☺️
The market is at an inflection zone and price has now reached an area around 44,197.65 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 44,301.05.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
USDJPY Will Fall! Sell!
Take a look at our analysis for USDJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 147.518.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 144.599 level.
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Gold's Bullish Momentum: Heading Towards Historic Highs?Hey everyone, it's Alex here!
Yesterday, XAUUSD continued its upward trend and is now trading around 3.375 USD.
The price increase of gold is mainly driven by the bargain-hunting sentiment from speculators. After a slight drop in gold prices in the morning, buy orders were quickly triggered, taking advantage of the lower prices. Coupled with the weakening USD, this opened the door for a strong buying pressure on gold.
From a technical perspective, the current trend shows the beginning of a new bullish wave within a clearly defined uptrend channel. Notably, the EMA 34 and EMA 89 are converging closely, along with the breakout of previous resistance, which further increases the likelihood of the ongoing bullish momentum.
Regarding the outlook, I prefer buying in line with the prevailing trend. As long as the price holds above the newly established support (confirmed by previous resistance), the next target will be the upper boundary of the price channel, around 3,435 USD.
This is a key level that will determine whether the upward trend continues or if the market will experience a correction. It all depends on how the market reacts at that moment.
What do you think about the current gold trend? Feel free to share your thoughts in the comments!
GOLD trades in narrow range, leading market pulseThe current market pulse is still mainly revolving around the Trump-initiated tariff story, with spot OANDA:XAUUSD trading in a fairly narrow range and currently reported at $3,376/oz, down 0.13% on the day. Gold is also awaiting further impact from the Fed's interest rate cut, with a weaker Dollar providing support for non-yielding gold.
Tariff News Update
US President Donald Trump said on Tuesday (August 5) that US tariffs on imported semiconductors and pharmaceuticals will be announced “in about a week”. The progressive tariffs on imported pharmaceuticals could be as high as 250%.
US news agency Bloomberg News said the Trump administration is now preparing to target key economic sectors and pledge to reshape global trade.
“We’re going to start with a lower tariff on drugs, but within a year, not more than a year and a half, it’s going to be 150%, then 250% because we want drugs made in our country,” Trump said in an interview with CNBC on Tuesday. He did not specify what the initial tariff would be.
“We’re going to be announcing measures on semiconductors and chips, which is a different category,” Trump added. However, Trump did not provide further details.
The U.S. Commerce Department has been investigating the semiconductor market since April as it prepares for possible tariffs on an industry with estimated global sales of nearly $700 billion. The U.S. has imposed tariffs on imported cars, auto parts, as well as steel and aluminum under the Trump administration.
Tariffs on imported chips could significantly raise costs for major data center operators, including Microsoft Corp., OpenAI, Meta Platforms Inc. and Amazon.com Inc., which plan to spend billions of dollars on the advanced semiconductors needed to power their artificial intelligence businesses.
On the Fed’s interest-rate path
US job growth in July missed expectations, while nonfarm payrolls data for May and June were revised down significantly, with a combined loss of 258,000 jobs, suggesting a worsening labor market.
Furthermore, San Francisco Fed President Mary Daly said on Monday: "We may need more than two rate cuts, and more is likely." She also noted: "The labor market is not too weak, but it is weakening, and further weakening would be detrimental."
Surprising US labor market data and Daly’s dovish comments have all but confirmed the likelihood of a Fed rate cut in September. According to CME’s FedWatch tool, the market is now pricing in a 90% chance of a Fed rate cut in September.
OANDA:XAUUSD is often seen as a safe haven asset during times of political and economic uncertainty, and performs better in low-interest-rate environments.
Technical Outlook Analysis OANDA:XAUUSD
Gold is still trading in a fairly narrow range yesterday, but the price action is still mainly held above the EMA21 and it still has all the conditions for a possible increase. However, although the range is quite large, the overall situation is still showing a sideways accumulation trend.
Currently, gold is supported by the EMA21, followed by the short-term $3,310 level and the raw price point of $3,300. As long as it remains above the psychological $3,300 level, it is still eligible for a short-term bullish outlook.
Meanwhile, a break above $3,400 would open the door for a new short-term bullish cycle with the next target around $3,430 – $3,450.
On the momentum front, the RSI maintains its price action above 50 and is still far from the overbought zone (80 – 100) suggesting that there is still plenty of room for upside ahead.
During the day, in terms of technical position, gold has unchanged conditions that are inclined to increase in price, and the notable positions will be listed as follows.
Support: 3,350 – 3,340 – 3,310 USD
Resistance: 3,400 – 3,430 – 3,450 USD
SELL XAUUSD PRICE 3431 - 3429⚡️
↠↠ Stop Loss 3435
→Take Profit 1 3323
↨
→Take Profit 2 3317
BUY XAUUSD PRICE 3329 - 3331⚡️
↠↠ Stop Loss 3325
→Take Profit 1 3337
↨
→Take Profit 2 3343
EURUSD: Move Down Expected! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 1.16384 will confirm the new direction upwards with the target being the next key level of 1.16133 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
EUR-USD Bullish Breakout! Buy!
Hello,Traders!
EUR-USD is going up now
And the pair made a bullish
Breakout of the key horizontal
Level of 1.1593 and the breakout
Is confirmed so we are bullish
Biased and we will be
Expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDCAD Will Go Down From Resistance! Short!
Please, check our technical outlook for USDCAD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.375.
The above observations make me that the market will inevitably achieve 1.362 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
CRUDE OIL Bullish Bias! Buy!
Hello,Traders!
CRUDE OIL keeps falling down
And the price will soon hit
A horizontal support of 64.00$
From where we will be
Expecting a local bullish rebound
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR-NZD Short From Resistance! Sell!
Hello,Traders!
EUR-NZD keeps growing
But the pair is locally overbought
So after the pair hits a horizontal
Resistance of 1.9680 we will
Be expecting a local correction
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDUSD Will Go Higher! Long!
Here is our detailed technical review for NZDUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.592.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.602 level soon.
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
CAD_JPY STRONG UPTREND|LONG|
✅CAD_JPY is trading in an uptrend
Along the rising support line
Which makes me bullish biased
And the pair is already making
A bullish rebound from the support
So a further move up is expected
With the target of retesting the
Level above at 107.705
LONG🚀
✅Like and subscribe to never miss a new idea!✅
BITCOIN Swing Long! Buy!
Hello,Traders!
BITCOIN went down from
The highs but a strong support
Level is below around 112k$
So after the retest we will be
Expecting a local bullish rebound
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.