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Trend Analysis

Bearish reversal?US Dollar Index (DXY) is rising towards the pivot and could reverse to the 1st support. Pivot: 100.51 1st Support: 97.85 1st Resistance: 101.83 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYShort
by ICmarkets
Gold Market Outlook – Upcoming FED Decision & Trading StrategyAs we head into the upcoming week, all eyes are on the Federal Reserve's interest rate decision, which is a major catalyst for gold. This event could significantly influence gold’s direction — either fueling the ongoing bullish trend or triggering a pullback. 🔎 Current Technical Outlook: Gold is currently showing strong bullish momentum across higher timeframes. Liquidity targets remain above, with key zones likely to be breached via wicks or trendline taps. Given the uncertainty around the news and macro factors, we’ll execute trades only on confirmed setups from lower timeframe's confirmation. 📌 Trade Plan: Open 50% of the position at $3160, an inevitable level which is a critical level backed by technical confluence. Enter remaining positions based on lower timeframe confirmation. 📝 Supporting Fundamentals: COT (Commitment of Traders) Report indicates an increase in net long positions on gold. $3160 is highly probable — we anticipate price to tap this zone. The U.S. has significantly increased gold imports, reflecting strategic accumulation. Smart money has taken partial profits, but large bullish positions are still being held. Expectation: A sweep of major liquidity levels, followed by a continuation of the bullish trend. Stay sharp and disciplined. Wait for confirmation before adding full exposure.
FOREXCOM:XAUUSDLong
by Earn_withHassaan
EUR/USD - Day Trading Analysis With Volume ProfileOn EUR/USD , it's nice to see a strong sell-off from the price of 1.13600. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. Fair Value GAP (FVG) and Volume cluster are the main reasons for my decision to go short on this trade. Happy trading, Dale
by Trader_Dale
Bearish breakout?EUR/USD is falling toward a support level that acts as both a pullback support aligned with the 127.2% Fibonacci extension and the 61.8% Fibonacci projection and a potential breakout below this level could lead to a further decline, potentially reaching our take-profit target. Entry: 1.1272 Why we like it: There is a pullback support level that aligns with the 127.2% Fibonacci extension and the 61.8% Fibonacci projection. Stop loss: 1.1423 Why we like it: There is a pullback resistance level. Take profit: 1.1146 Why we like it: There is a pullback support level that lines up with the 61.8% Fibonacci retracement. 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.
Short
by VantageMarkets
$NKN Heating Up — Breakout Imminent?GETTEX:NKN is waking up. It held that trendline perfectly, and now it’s pushing back strongly. Price was getting squeezed in that wedge for days looks like it’s ready to pop. That top line? It’s not going to hold for long. Volume is picking up, and this move could easily send it flying to $0.06. Feels like one of those setups where momentum just builds up and boom, breakout. Keep your eyes on it. This one’s heating up fast. DYOR, NFA
Long
by CRYPTOMOJO_TA
Analysis of the latest gold trend on May 5: Core logic analysis Impact of non-farm data: The 177,000 new jobs in April exceeded expectations, but the downward revision of historical data (revised from 228,000 to 185,000 in March) weakened the absolute positive of the data, showing that the resilience of the labor market contains implicit fluctuations. The slowdown in hourly wage growth (0.2% lower than expected month-on-month) eased inflationary pressure, and the market continued to play the game on the Fed's expectations of rate cuts. Gold rebounded after short-term pressure, reflecting the long-short tug-of-war. Key technical signals: The shock range is established: 3240-3270 US dollars is the short-term long-short balance range, and the breakthrough direction determines the medium-term trend. Signs of momentum conversion: 1-hour moving average dead cross but turn, if it stands firm at 3265-3270 resistance, it may trigger short covering to promote the rise; on the contrary, if it falls below 3220-3215 support, it will open up space for continued decline. Closing price guidance: On Friday (May 2), the market bottomed out and rebounded to close at around 3240, showing buying support below, but the trend is still unclear before the resistance is effectively broken. Trading strategy suggestions 1. Short-term shock market (not breaking through the range) High: 3260-3265 light position short test, stop loss 3272, target 3240-3230. Low long: 3225-3220 batch long orders, stop loss 3215, target 3245-3255. Reason: The market sentiment is cautious after the non-agricultural data, and the high-selling and low-buying within the range need to strictly stop losses. 2. Breakthrough market response Break above 3270: follow up long orders at 3260-3255, stop loss 3250, target 3280-3300. Logic: After the breakthrough, confirm that the bulls are dominant, or test the previous high pressure level. Breaking below 3215: short near rebound 3225, stop loss 3232, target 3200-3180. Logic: Open the downward channel, may test the support of the April low. Key risk reminder Fed policy expectations: Before the June interest rate decision, economic data (especially inflation) may cause sharp fluctuations. Geopolitics: The escalation or easing of the situation in the Middle East will directly impact the safe-haven properties of gold. Dollar linkage: If the US dollar index returns to above 101, it will suppress the rebound space of gold.
FOREXCOM:XAUUSD
by Isabella_Sophiad
EURCAD: Still Bearish Outlook 🇪🇺🇨🇦 Last week, we discussed a confirmed bearish breakout of a major horizontal support on EURCAD. The broken structure was retested, and I see a strong bearish intraday price action on an hourly time frame. Probabilities will be high to see a down movement at least to 1.558 level today. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1
DeGRAM | EURUSD Decline in the Channel📊 Technical Analysis ● Relief rally stalled at 1.1350 where the descending resistance meets the rectangle’s upper boundary; a string of lower highs confirms supply. ● Failure to reclaim the resistance line and a break below 1.13 exposes 1.12. 💡 Fundamental Analysis ● U.S. factory orders jumped 4.3 % in March on commercial aircraft demand, underpinning dollar strength and pressuring EUR/USD. ● Eurozone HCOB manufacturing PMI eased to 49.0 in April—still in contraction—underscoring weak euro fundamentals. ✨ Summary Confluence resistance at 1.1350 caps the pair; short bias targets 1.1270 → 1.1200, invalidated on a close above 1.1380. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
1
Bullish bounce off pullback support?The Kiwi (NZD/USD) is falling towards the pivot and could bounce to the pullback resistance. Pivot: 0.5818 1st Support: 0.5690 1st Resistance: 0.6025 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bearish drop off pullback resistance?GBP/USD has rejected the resistance level, which is a pullback resistance, and could potentially drop from this level to our take profit target. Entry: 1.3342 Why we like it: There is a pullback resistance level. Stop loss: 1.3442 Why we like it: There is a pullback resistance level. Take profit: 1.3160 Why we like it: There is a pullback support level that lines up with the 38.2% Fibonacci retracement. 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.
Short
by VantageMarkets
BTC/USDT – Weekly Chart Analysis (Long-Term View)BTC/USDT Chart Pattern: Multi-Year Cup and Handle Formation The chart shows a textbook “cup and handle” formation, a highly reliable bullish continuation pattern. This pattern has played out over several years (2021-2025), indicating long-term accumulation and a breakout attempt. Cup Phase: Extended from mid-2021 to early 2024. Formed a deep and rounded base, often indicating institutional accumulation. The rounded lows reflect a gradual sentiment recovery from the 2022-2023 bear market. Handle Phase: A short-term consolidation after moving above the $70,000-$74,000 resistance area. Price action pulled back marginally after hitting $110,000, forming higher lows near $85,000. The structure resembles a bull flag or pennant, which is usually seen before the next upward move. Key Support and Resistance Areas: Key Support $70,000–$74,000. Previous resistance turned into support Psychological Support $85,000 Local Retracement Low Immediate Resistance $100,000–$110,000 Near ATH, selling pressure area Long-term Target $130,000+ Measured move from cup pattern Volume: Volume was high during the breakout from late 2024 to early 2025, which validates the breakout from the cup resistance area. If BTC breaks above $100,000–$110,000 with strong volumes, we can expect continuation towards: $130,000 (short-term target) $150,000–$180,000 (extension based on pattern symmetry) Bearish Risks: Failure to hold $85,000 could lead to a retest of the $70K support area. Sustained breakdown below $70K would invalidate the bullish pattern, but this seems unlikely given the strong fundamentals and macro structure. If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support! DYOR. NFA
by CryptoSanders9563
EURUSD Channel Up favors buying but keep an eye on this.The EURUSD pair has been trading within a Channel Up pattern since the February 28 Low and its current Bearish Leg almost reached the 0.382 Fibonacci retracement level. That is where the previous Bearish Leg made a Higher Low (March 27) and rebounded. This keeps for now the bullish trend intact and it will remain so for as long as the price remains within the Channel Up. The short-term Target is the -0.236 Fib extension at 1.17500. If on the other hand it breaks below the Channel Up, be ready to take the small loss and sell towards the 1D MA200 (orange trend-line) at 1.08500, which is the level that supported the market on that previous March 27 Low. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
Buffett Steps Down, Berkshire Shares Pull Back from Record HighBuffett Steps Down, Berkshire Shares (BRK.B) Pull Back from Record High Berkshire Hathaway has released its quarterly report, which came in slightly below analysts’ expectations: → Earnings per share: actual = $4.46, forecast = $4.72 → Revenue: actual = $90.8bn, forecast = $89.7bn However, the bigger news was not the weaker results, but the decision of legendary 94-year-old Warren Buffett to step down as head of the company after nearly 60 years in charge. According to Reuters: → Vice Chairman Greg Abel will take over leadership; → Buffett will still influence decisions and has said he does “not intend to sell a single share of Berkshire”. In pre-market trading today, BRK.B shares are priced around $526, compared to Friday’s close above $541, which marked a historic high. The decline suggests a natural negative reaction by market participants to the news. Technical Analysis of BRK.B Stock Price The Berkshire Hathaway stock price is moving within an upward channel, and: → In 2025, it has outperformed the broader equity index, showing a strong recovery following the early April market selloff; → Following the recent news, the price will likely retreat from the upper boundary of the channel toward the median line, which may act as support (as it did in late April, as shown by the arrow). The recent price action appears to be a false bullish breakout above the $535 resistance — a bearish signal. It’s possible that the initial emotional market reaction may fade, and BRK.B shares could continue to outperform the S&P 500 (tracked via the US SPX 500 mini on FXOpen). Whether this scenario plays out will depend on the leadership and decisions of Greg Abel, especially as the company now holds a record cash reserve of nearly $350 billion. 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.
NYSE:BRK.B
by FXOpen
Bitcoin (BTC): Waiting For Clarity Near $92-95K Area Buyers have been dominating for the last 3 weeks the markets, where, after breaking the middle line of Bollinger Bands, price is seeing some sort of struggle, which might indicate an upcoming correctional movement to lower zones. To give you more clarity, we are looking opening price and closing price of last week's candle, which are acting as support and resistance in our case currently. If we see dominance from buyers, we buy; if we see dominance from sellers, we sell, but overall we are still at the major neckline zone and we see weakness so we might see the bloody week. Swallow Academy
Short
by SwallowAcademy
The possible uprising of USDCAD, 4hr1. Technical Analysis • Trendline + Horizontal Support A clearly defined uptrend line, drawn from the March ’24 low through the August and April pullbacks, intersects the 1.3810–1.3850 area. That same zone has flipped from support to resistance and back again over the past year, marking it as a high‑probability reversal point. • Bullish Divergence On the 4‑hour RSI, the most recent price low dipped slightly below March’s low while RSI held higher. This divergence at a key support zone suggests selling momentum is exhausted and buyers may be stepping in. • Entry, Stops & Targets • Entry: Look for a clean bullish 4H candle (pin bar, engulfing bar, etc.) around 1.3820–1.3850, where trendline and horizontal support converge. • Stop: Place below 1.3680, under the April swing low and next structural demand area. • Target 1: 1.4168 (recent mid‑range swing high) • Target 2: 1.4467–1.4542 (major supply zone from late 2024) This setup offers roughly a 1:4 risk‑to‑reward ratio if both targets are reached. • Higher‑Timeframe Confirmation A daily close back above 1.3850 would reinforce this zone’s support role. Wait for that or a clear 4‑hour bullish pattern before committing. 2. Fundamental Analysis • Oil Price Pressure WTI has slid toward the low‑$60s on OPEC+ supply increases and softer Chinese demand. With Canada heavily reliant on oil revenues, lower crude prices tend to weaken CAD against USD. • Policy Divergence The Bank of Canada remains on hold at 2.75% and markets anticipate cuts later in 2025, while the Federal Reserve holds funds rates at 5.25–5.50%. That yield gap supports USD strength. • Growth Differential Canada’s Q1 GDP underperformed expectations—soft energy and mining output—whereas U.S. growth is still running near 2–3%. The disparity favors USD. • Risk Sentiment Elevated U.S.–China trade tensions and global growth concerns have nudged markets into risk‑off mode, a backdrop in which USD typically outperforms commodity‑linked currencies like CAD. Bottom Line With a multi‑touch trendline and horizontal flip level converging around 1.3820–1.3850, coupled with RSI divergence and dovish CAD fundamentals versus a still‑hawkish Fed, this is a textbook long setup. Wait for a convincing 4‑hour bullish signal in the zone, use a stop under 1.3680, and target 1.4168 first, then 1.4467–1.4542.
Long
by AnalysisExpert