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Gold Price Declines – Bearish Momentum StrengthensGold continues its downward trend today, currently trading around $2,858, marking a significant pullback from its recent highs. The metal has weakened further under the pressure of a strengthening U.S. dollar, which has been fueled by rising expectations that the Federal Reserve will maintain higher interest rates for longer. Additionally, concerns over global economic stability have caused investors to shift towards the dollar, putting further selling pressure on gold.
OANDA:XAUUSD
by Rowan_Signal
Latest GBP/USD Update TodayThe GBP/USD pair attracted buying interest in the early Asian session, temporarily halting its decline from above 1.2700 to below 1.2600. This recovery is supported by a slight weakening of the US dollar. Concerns over the US economic outlook and expectations of further Fed policy easing have prevented the USD from sustaining its three-day rebound. The US Dollar Index (DXY) started the week on a weaker note, reversing Friday’s gains. Meanwhile, the British pound remains strong, driven by expectations that the Bank of England (BoE) will adopt a less aggressive easing approach. However, risks from Donald Trump’s tariff policies and ongoing geopolitical tensions could cap GBP/USD’s upside momentum.
Short
by Rowan_Signal
Gold Price Outlook: Short-Term Recovery or Further Decline?Hello everyone, great to have you back for another discussion on today's gold market movement. At the start of the trading session, gold is showing signs of a short-term recovery, currently trading around $2,870 after breaking out of its descending price channel. The price has managed to move above its previous consolidation area, indicating a potential bullish correction. However, gold remains below EMA 34 and EMA 89, and the overall trend is still in the hands of the bears. 📊 Key Resistance Levels: The $2,887 - $2,894 zone is a crucial resistance level where sellers could re-enter. If gold fails to break this resistance, we may see another downward movement in the coming sessions. 📉 Market Sentiment & Trend Analysis: According to this week’s gold survey, among market analysts: 21% expect gold prices to rise, 64% predict a further decline, 14% anticipate sideways movement. 📌 What’s your outlook for gold this week? Share your thoughts in the comments!
OANDA:XAUUSDShort
by Rowan_Signal
2
EUR/USD: Bearish Trend Holds as Key Resistance ApproachesEUR/USD remains under selling pressure after breaking out of its previous range, shifting momentum in favor of the bears and reinforcing the ongoing downtrend. Currently, the pair is attempting a recovery, approaching the 1.0453 - 1.0458 zone, a former support now acting as a key resistance. A rejection at this level could extend the decline toward 1.0363, the next major support area. Despite the short-term pullback, market structure still favors further downside. The weaker-than-expected ISM Manufacturing PMI has added volatility to the U.S. dollar, but it hasn’t altered overall sentiment. The upcoming NFP report on Friday and the Eurozone flash CPI estimate will be crucial in determining the next directional move. If 1.0458 holds as resistance, the bearish outlook is likely to persist.
Short
by Rowan_Signal
USD/JPY: Bearish Reversal Confirmed?USD/JPY is showing signs of a potential downtrend continuation, as a classic Head and Shoulders pattern has formed on the daily chart. The pair has already broken below its previous uptrend, reinforcing the bearish outlook. After reaching a peak near 158.80, the price started declining, breaking through key support levels. Currently, USD/JPY is hovering near 150.13, finding temporary support in a demand zone. However, the right shoulder formation suggests a possible short-term pullback toward the 152.45 - 153.67 Fibonacci retracement zone before sellers regain control. If the pair fails to sustain above this resistance area, we could see a strong bearish continuation. The next major downside target sits around 148.53, aligning with the neckline breakdown. A deeper drop could push USD/JPY toward the 1.618 Fibonacci extension at 142.17, confirming a full bearish swing. Market sentiment and fundamental factors will play a crucial role, but from a technical standpoint, the bears are gaining momentum, and the downtrend is likely to persist unless a key reversal signal appears.
Short
by Rowan_Signal
USD/JPY Consolidating Near Resistance – Reversal or Breakout?Currently, USD/JPY is moving within a horizontal consolidation zone, fluctuating around 150.39. The pair has seen a moderate recovery but remains within the descending trendline resistance. Key Resistance at 152.13 – This is a crucial level to watch. If the price fails to break above this zone, sellers may step in aggressively, reinforcing the downtrend. Additionally, the Exponential Moving Averages (EMA 34, 89) continue to indicate a bearish trend, suggesting that this short-term upward move might soon lose momentum.
Short
by Rowan_Signal
USD/JPY Extends Its Downtrend – Sellers in ControlUSD/JPY continues to extend its downtrend, trading around 149.455, and remains restricted within a parallel price channel. The U.S. dollar remains weak in the market, making it difficult for USD/JPY to find any recovery momentum. From a technical perspective, the pair has yet to show signs of a strong reversal, as the EMA 34 continues to trend downward with no sign of ending. Bearish market sentiment persists, keeping selling pressure high and extending USD/JPY’s losing streak. From a personal standpoint, as long as sellers defend the price channel, selling strategies remain a priority. What about you?
Short
by Rowan_Signal
EUR/USD Struggles Below 1.0500 Amid USD StrengthEUR/USD remains under pressure, trading below 1.0500 during Thursday’s session. The pair is weighed down by the U.S. dollar's ongoing recovery, fueled by conflicting statements from President Donald Trump regarding tariffs. This has kept EUR/USD capped below the 1.052 resistance, marked by two previous peaks. 📉 Technical Outlook: Short-term bullish support remains at 1.046, but upside momentum is uncertain. The pair is fluctuating around EMA 34 and 89, showing signs of confluence. A break below 1.046 could signal further selling pressure, with lower targets in focus. 💡 Will EUR/USD break through this support level, or will buyers defend the trend? Share your thoughts!
Short
by Rowan_Signal
1
EUR/USD Continues Its DowntrendHello traders! Let’s analyze EUR/USD and see where it might be headed next. Currently, EUR/USD is extending its bearish momentum, trading near 1.0400 within a well-defined downtrend channel. The pair remains under pressure as the U.S. dollar gains strength, driven by hawkish signals from the Federal Reserve, reinforcing expectations that interest rates will remain high. Additionally, weak European economic data and market uncertainty have further weighed on the euro. Technical Outlook: The pair broke below key support and is now consolidating within a demand zone. A potential pullback to 1.0429 (Fibonacci retracement & trendline resistance) could offer a selling opportunity if price fails to break higher. If the bearish structure holds, EUR/USD could drop further towards 1.0360 and beyond.
Short
by Rowan_Signal
XAUUSD : Gold Prices Plummet Amid Market Uncertainty. Gold witnessed a significant decline today, plunging 400 pips to $2,877 per ounce, compared to $2,917 per ounce at the same time the previous day. This sharp drop within a short period reflects unexpected market movements in the global gold landscape. The primary catalyst behind this steep decline stems from conflicting statements by U.S. President Donald Trump regarding tariff policies. He announced plans to impose tariffs on a wide range of goods, including an additional 10% tariff on Chinese imports, a 25% tariff on automobiles and certain European goods, and a 25% tariff on imports from Mexico and Canada, set to take effect on March 4. These controversial remarks have fueled uncertainty, sparking concerns over the global economic outlook amid escalating trade tensions. As a result, investors rushed to offload gold holdings, seeking to secure profits and protect their capital from potential risks. This mass selling pressure led to a dramatic drop in gold prices within a short time frame. Given the current landscape, gold is expected to remain highly volatile, particularly as U.S. tariff decisions continue to shape market sentiment and investor behavior in the coming days. Stay cautious and watch key levels closely!
OANDA:XAUUSD
by Rowan_Signal
XAUUSD : Bearish Momentum & Triple Top Formation Gold continues to decline within a well-defined descending channel, trading around $2,912 at the time of analysis. The market has formed a triple top pattern, indicating potential further downside if the price fails to break above resistance. 📉 Technical Outlook: The $2,922 - $2,924 zone serves as a key resistance level. The triple top at the upper boundary suggests a strong selling opportunity. A breakdown from the current structure could drive the price toward the $2,893 target zone. 💡 Trading Strategy: Sell near $2,922 - $2,924 Target 1: $2,900 Target 2: $2,893 Gold remains in a downtrend, and sellers are likely to dominate as long as the descending channel holds. Will the bearish structure continue? Let’s watch the price action closely!
OANDA:XAUUSDShort
by Rowan_Signal
EUR/USD: Continuing to Seek New HighsHey traders, what are you expecting from EUR/USD? Will it rise or fall? From my perspective and analysis, it wouldn’t be surprising if EUR/USD continues to rise. The pair is moving around 1.050 and is strongly supported by the parallel price channel maintained by buyers. EUR/USD’s target is further reinforced as it remains above the EMA 34 and 89 levels. As long as the price channel is protected, the strategy remains to buy when the price increases. The condition for this strategy is that the lower boundary of the channel must hold, and the 1.052 resistance must turn into support. What about you? Do you agree with my view? Share your thoughts in the comments!
Long
by Rowan_Signal
XAUUSD : Fake Breakout or Trend Reversal ?Gold experienced a sharp decline, briefly breaking below key support levels and hitting a low of $2,896 before rebounding. The sudden drop caused high volatility, but buyers quickly stepped in, pushing the price back toward the previous consolidation zone. It is now trading around $2,925. Currently, gold is attempting to re-enter the price range of $2,920 - $2,950. If the price fully recovers and trades within this range, it could confirm a fake breakout, signaling that the bullish trend remains intact. Looking ahead, if gold successfully stabilizes above the lower boundary of this range, we might see another attempt to break above $2,950, potentially aiming for new highs. However, failure to hold above key levels could trigger renewed selling pressure. 📌 Key Levels to Watch: Support: $2,895 - $2,924 Resistance: $2,940 - $2,950
OANDA:XAUUSDShort
by Rowan_Signal
EUR/USD Had to Reverse After Facing 1.0500 ResistanceFX:EURUSD had to turn back when facing the 1.0500 resistance level. The euro’s weakness was mainly due to the strong recovery of the U.S. dollar, despite weak U.S. PMI data. However, this weakness was mitigated as support zones remain strong and active. As seen on the chart, FX:EURUSD formed a new high, surpassing the previous peak. If this is not a false breakout, the pair has all the necessary factors to push higher in the near future (including an upward trendline, EMA 34 and 89 reversal, and a series of higher highs and higher lows). However, in the short term, it needs to retest and accumulate more momentum, with support at 1.0460 and 1.0410 providing a crucial foundation. Looking ahead, we should pay attention to key economic events that may impact FX:EURUSD including economic reports from the Eurozone and the U.S., as well as speeches from ECB and Fed officials. These insights could provide further clues on monetary policy and economic outlook, influencing the pair’s trajectory. What about you? Do you think EUR/USD can sustain this uptrend?
Long
by Rowan_Signal
XAUUSD : Is the Rally Set to Continue ?Hello everyone! It’s great to be back for another discussion on gold prices today. Currently, gold continues to hold its bullish momentum, trading around $2,950, with a slight pullback that is not a major concern. This uptrend is driven by strong safe-haven demand, as investors remain wary of a global trade war, following President Donald Trump’s new tariff threats. Additionally, central banks continue to purchase gold, further pushing prices higher. According to Goldman Sachs, gold could reach $3,200 by the end of this year. The primary reason behind this forecast is strong demand from central banks and investors seeking safe-haven assets, amid global economic uncertainty and new U.S. tax policies. 📉 Short-Term Outlook: On the charts, gold remains capped below the $2,955 resistance level. The metal must break through this level to establish any meaningful upside momentum. Key support levels to watch include the EMA 34 and 89 signals, along with the $2,935 support zone. 💬 What do you think? Can gold continue its rally, or will we see a short-term correction?
OANDA:XAUUSDLong
by Rowan_Signal
3
Gold Price Today: Sharp Drop Followed by a Sudden SurgeLast night, the global gold price briefly dropped to 2,865 USD/ounce, but it quickly surged back to 2,905 USD/ounce by the morning of February 13, 2025, driven by an increase in demand for safe-haven assets. The initial drop in gold prices was triggered by inflation data from the U.S., with the January 2025 Consumer Price Index (CPI) rising by 0.5%, higher than the expected 0.3%, sparking concerns about the FED's ability to maintain low interest rates. This information dampened expectations of a rate cut, putting pressure on the gold market. However, despite a slight sell-off, concerns about rising inflation and geopolitical tensions continue to fuel strong demand for gold as a safe-haven asset. The recovery in gold prices indicates that investors still trust the value of this precious metal as a hedge against global economic instability. From a technical chart perspective, gold is currently supported by the 2,879 USD/ounce level, setting the stage for a potential upward trend. The next target is to challenge the resistance level of 2,933 USD/ounce. If gold surpasses this level, it could quickly move toward the 2,950 USD/ounce mark. Breaking through the 2,933 USD/ounce resistance would open the door for a stronger rally in the short term, pushing gold toward higher levels and solidifying its position as an essential safe-haven asset in investment portfolios.
OANDA:XAUUSD
by Brigi_ta
EUR/USD Outlook: Tariff Concerns and Key Technical LevelsEUR/USD is stable around 1.0360 during the Asian trading session, after rising in the previous session. The currency pair may face downward pressure due to President Donald Trump’s plan to impose reciprocal tariffs, which could affect major countries such as Japan, the EU, and China. The Euro faces challenges as the Eurozone is particularly vulnerable to tariffs from the US. Risk-averse sentiment has also increased, compounded by the cautious stance of Fed Chairman Jerome Powell regarding interest rate cuts. From a technical analysis perspective, EUR/USD is currently trading around 1.0360 and is likely to encounter strong resistance at 1.0400. This is a key level, and if it is surpassed, the pair could continue to rise towards the next target of 1.0450. However, if the price fails to maintain above 1.0400, it is likely that EUR/USD will continue its downward adjustment. The nearest support level is at 1.0331, which was previously resistance and could now act as a significant support level. If the price breaks this support, the pair could continue its downtrend and find lower levels at 1.0290. Technical indicators suggest that momentum is weakening, and overbought levels on the hourly chart are gradually declining, indicating the potential for short-term correction. However, if EUR/USD maintains above 1.0400, the pair could return to an uptrend. Investors should keep an eye on signals from indicators such as RSI and MACD to track further changes in the pair’s price direction.
by Brigi_ta
Bearish outlook remains intact near 1.0300The EUR/USD pair continues to extend its decline, reaching around 1.0305 in the early European session on Tuesday. The U.S. dollar strengthened after U.S. President Donald Trump announced a significant increase in tariffs on steel and aluminum imports and stated that he would unveil reciprocal tariffs against other countries in the coming days. From a technical perspective, the bearish outlook for EUR/USD remains intact, with two key resistance levels at 1.0396 and 1.0329. While the pair is encountering resistance at the 1.0329 level, breaking through this level does not necessarily indicate a strong upward movement, as the pair still faces the previous resistance at 1.0396. If the downtrend continues, the pair could potentially decline towards the 1.0210-1.0200 range. Recommendation: Given the current bearish outlook and strong resistance levels above, entering a **sell** position around the 1.0329 or 1.0396 levels could offer a profitable opportunity. However, be cautious of fundamental factors that could change rapidly, especially any announcements from the U.S. government regarding tariffs.
by Brigi_ta
Gold price today (February 11): Shocking increaseThe global gold price has seen a strong increase, with spot gold reaching $2,908.3 per ounce, up $47.1, and gold futures climbing to $2,936.9 per ounce, an increase of $49.3. This surge is primarily driven by the demand for safe-haven assets amid concerns over new tariffs announced by U.S. President Donald Trump, which have raised fears of a trade war and inflation. Trump unveiled plans to impose an additional 25% tariff on imported steel and aluminum, while also forecasting the announcement of reciprocal tariffs this week. Experts believe these tariffs could worsen inflation in the U.S., and investors are awaiting the release of the CPI and PPI data to assess the impact. If inflation decreases, gold prices could continue to rise; conversely, if inflation increases, bond yields could rise, applying pressure on gold. From a technical perspective, gold is currently trending within a rising price channel, with significant support at $2,899 per ounce, which is expected to help maintain its upward momentum. Experts predict that, with the current upward trend, gold could quickly reach a new record high of $3,000 per ounce in the near future.
OANDA:XAUUSD
by Brigi_ta
Gold price today: Continues to rise across the boardGold prices today on the international market continue to rise, despite the increase in the USD value. Over the past week, gold prices have repeatedly set new records, at one point surpassing the 2,880 USD/ounce mark, approaching 3,000 USD/ounce. The main reason for this price increase is concerns about inflation. According to a report from the University of Michigan, inflation expectations for the next year have increased by 1%, prompting many investors to turn to gold as a value-preserving asset. I believe gold is an effective tool to protect against financial fluctuations, whether inflation, deflation, or recession. Recent indicators such as the CPI and PCE in the U.S. show that inflation remains persistent. At the same time, the stock market is showing signs of weakening, and public debt continues to rise, creating a favorable environment for gold prices to continue increasing. Looking closely at the technical chart, gold is currently in a strong upward trend with no signs of slowing down. With a solid support level at 2,853 USD/ounce, I predict that gold may continue to rise in the short term. Notably, the previous resistance at 2,880 USD/ounce has been broken, indicating a very strong upward momentum. Currently, gold is fluctuating around 2,896 USD/ounce and may soon reach the 2,900 USD/ounce mark. In this situation, the stop loss (SL) could be set at 2,860 USD/ounce to limit risk, while the take profit (TP) could be forecasted at 2,920 USD/ounce, assuming gold continues to maintain a stable upward trend.
OANDA:XAUUSD
by Brigi_ta
EUR/USD wobbles ahead of US NFP reportEUR/USD is currently stable around the 1.0400 level, but the outlook for the Euro (EUR) remains uncertain due to concerns that the Eurozone may face losses from higher tariffs imposed by U.S. President Donald Trump. Last weekend, President Trump warned that Europe would certainly face tariffs for not buying enough U.S. goods, although he did not provide many details. From a technical perspective, the EUR/USD pair could face downward pressure in the short term. The support level at 1.0228 is preventing the pair from dropping further, while the resistance at 1.0418 is the main reason for the temporary decline. To manage risk, you may set a **Stop Loss (SL)** at 1.0450, just above the resistance level to protect against further upward movement. **Take Profit (TP)** can be set at the support level of 1.0228, where the pair may find stability and potentially recover. However, these levels can be adjusted based on your strategy and trading time frame.
by Brigi_ta