Daily Trade Ideas

AUD/USD Price Analysis and Trade Forecast: Daily Trading Signal

By LHFX Technical Analysis
Feb 18, 2025
Audusd

Daily Price Outlook

- AUD/USD holds above the pivot at $0.63343, with the 50-day EMA providing dynamic support.

- Immediate resistance at $0.63744; a breakout could push prices toward $0.64324.

- A drop below $0.63067 may accelerate losses toward $0.62703 and $0.62331.

The Australian dollar (AUD/USD) is trading at $0.63550, maintaining a neutral stance as traders assess key support and resistance levels. The pair is holding above the pivot point at $0.63343, suggesting a slight bullish bias, reinforced by the 50-day EMA at $0.63214 acting as a dynamic support level.

Immediate resistance is seen at $0.63744, followed by $0.64057 and $0.64324. A breakout above these levels could trigger fresh buying momentum, pushing the pair toward the next key technical zones.

On the downside, immediate support is located at $0.63067, with further cushions at $0.62703 and $0.62331. A break below these support levels could indicate a shift in sentiment, leading to deeper losses.

From a technical perspective, AUD/USD remains in a consolidative phase, oscillating between well-defined support and resistance levels.

A decisive move above $0.63744 could confirm a bullish breakout, potentially attracting buyers targeting $0.64057 and beyond. Conversely, if sellers regain control and push the price below $0.63067, the pair may enter a more pronounced downtrend.

AUD/USD Price Chart - Source: Tradingview
AUD/USD Price Chart - Source: Tradingview

AUD/USD - Trade Ideas

Entry Price – Buy Above 0.63345

Take Profit – 0.63865

Stop Loss – 0.63067

Risk to Reward – 1: 1.8

Profit & Loss Per Standard Lot = +$520/ -$278

Profit & Loss Per Mini Lot = +$52/ -$27

AUD/USD

Daily Trade Ideas

USD/CAD Price Analysis and Trade Forecast: Daily Trading Signal

By LHFX Technical Analysis
Feb 18, 2025
Usdcad

Daily Price Outlook

- USD/CAD trades near its pivot at $1.41803, signaling indecision in the market.

- Immediate resistance at $1.42450; a breakout could push prices toward $1.43035 and $1.43614.

- A drop below $1.41257 may accelerate losses toward $1.40774 and $1.40203.

The USD/CAD pair is trading at $1.42072, edging lower by 0.01% as traders assess key technical levels. The pair is hovering near its pivot point at $1.41803, suggesting a neutral to slightly bullish bias in the near term.

The 50-day EMA at $1.42724 is acting as overhead resistance, capping upside potential, while immediate support at $1.41257 remains intact.

On the upside, a break above $1.42450 could signal further gains, targeting resistance at $1.43035 and potentially extending toward $1.43614 if bullish momentum persists.

Conversely, a drop below $1.41257 may expose USD/CAD to further downside risks, with the next key supports at $1.40774 and $1.40203.

From a technical standpoint, the market remains in a consolidation phase, oscillating between well-defined support and resistance levels.

A decisive breakout above $1.42450 could confirm bullish momentum, while failure to hold above $1.41803 may tilt the bias in favor of sellers.

The 50-day EMA at $1.42724 serves as a key barrier, with a sustained break above it needed for a more definitive bullish confirmation.

Given the current setup, traders should watch for a breakout confirmation above resistance or a move below support to establish the next directional trend.

With USD/CAD trading near its pivot level, price action in the coming sessions will likely dictate market sentiment.

USD/CAD Price Chart - Source: Tradingview
USD/CAD Price Chart - Source: Tradingview

USD/CAD - Trade Ideas

Entry Price – Buy Above 1.41807

Take Profit – 1.42663

Stop Loss – 1.41251

Risk to Reward – 1: 1.5

Profit & Loss Per Standard Lot = +$856/ -$556

Profit & Loss Per Mini Lot = +$85/ -$55

USD /CAD

Daily Trade Ideas

EUR/USD Price Analysis and Trade Forecast: Daily Trading Signal

By LHFX Technical Analysis
Feb 17, 2025
Eurusd

Daily Price Outlook

- Bullish above $1.04838 – Targeting $1.05406, with a stop-loss at $1.04457.

- Resistance at $1.05205 – A breakout could push EUR/USD toward $1.05563 and $1.05920.

- Support at $1.04453 – A decline below this level may trigger a drop toward $1.03920 and $1.03519.

The EUR/USD pair is trading at $1.04929, holding just above the pivot point at $1.04832, signaling a potential continuation of its modest bullish momentum. The immediate resistance stands at $1.05205, with a breakout above this level opening the door to $1.05563 and $1.05920.

On the downside, immediate support is found at $1.04453, followed by deeper support levels at $1.03920 and $1.03519. A failure to hold above $1.04453 could shift sentiment toward the bearish side, potentially leading to further losses.

The 50-day EMA at $1.04138 is currently acting as dynamic support, reinforcing the case for further upside if EUR/USD remains above this level. A buying opportunity is present above $1.04838, with a target set at $1.05406 and a stop-loss at $1.04457.

The short-term trend remains cautiously bullish, but traders should watch for a break above $1.05205, as this could accelerate gains toward the next key resistance levels.

Conversely, a drop below the pivot point of $1.04832 could expose the pair to renewed selling pressure, particularly if upcoming economic data or central bank commentary shifts investor sentiment.

EUR/USD Price Chart - Source: Tradingview
EUR/USD Price Chart - Source: Tradingview

EUR/USD - Trade Ideas

Entry Price – Buy Above 1.04838

Take Profit – 1.05406

Stop Loss – 1.04457

Risk to Reward – 1: 1.4

Profit & Loss Per Standard Lot = +$568/ -$381

Profit & Loss Per Mini Lot = +$56/ -$38

EUR/USD

Daily Trade Ideas

GOLD Price Analysis and Trade Forecast: Daily Trading Signal

By LHFX Technical Analysis
Feb 17, 2025
Gold

Daily Price Outlook

- Gold holds above the pivot at $2,905, with the 50-day EMA acting as key support.

- Immediate resistance at $2,935; a breakout could push prices toward $2,974.

- A drop below $2,887 may trigger further downside toward $2,864.

Gold (XAU/USD) is trading at $2,913.89, up 0.04% in the session, maintaining its bullish momentum as the metal hovers above key support levels.

The price remains firmly above the pivot point at $2,905.41, indicating a potential continuation of the uptrend. The 50-day EMA at $2,905.85 is acting as dynamic support, reinforcing buyers' control over the market.

Immediate resistance is seen at $2,935.54, with further upside targets at $2,954.97 and $2,974.92. A break above these levels could fuel a rally toward the psychological $3,000 mark.

Conversely, immediate support stands at $2,887.52, with deeper floors at $2,864.58 and $2,834.27, which could attract buyers in the event of a pullback.

From a technical standpoint, gold's consolidation above $2,905 suggests growing bullish sentiment. The metal remains in an ascending channel, with higher lows indicating sustained demand. However, a break below $2,887 could shift momentum, exposing the asset to further downside.

Given ongoing macroeconomic uncertainties, gold traders should watch for a breakout confirmation above $2,935 to validate the next leg higher. If sellers regain control below $2,887, a retracement toward $2,864 may follow.

GOLD Price Chart - Source: Tradingview
GOLD Price Chart - Source: Tradingview

GOLD (XAU/USD) - Trade Ideas

Entry Price – Buy Above 2905

Take Profit – 2935

Stop Loss – 2887

Risk to Reward – 1: 1.6

Profit & Loss Per Standard Lot = +$3000/ -$1800

Profit & Loss Per Mini Lot = +$300/ -$180

GOLD

Daily Trade Ideas

GOLD Price Analysis and Trade Forecast: Daily Trading Signal

By LHFX Technical Analysis
Feb 17, 2025
Gold

Daily Price Outlook

- Resistance at $2,935.54 – A breakout could push gold toward $2,954.97 and $2,970.84.

- Support at $2,853.43 – A drop below this level may trigger further declines toward $2,834.27.

- Buy above $2,887 – Targeting $2,920 with a stop loss at $2,872 for short-term positioning.

Gold (XAU/USD) is consolidating around $2,900, struggling to gain momentum as it trades near its key pivot point at $2,919.39.

The metal’s short-term price action remains uncertain, with traders eyeing crucial resistance and support levels. A break above $2,935.54 could trigger fresh buying interest, potentially pushing prices toward the next resistance levels at $2,954.97 and $2,970.84.

On the downside, immediate support is seen at $2,853.43. If gold breaches this level, further declines toward $2,834.27 and $2,811.56 may follow. The 50-day EMA at $2,906.38 is acting as dynamic support, keeping gold within a tight range.

The 4-hour chart suggests gold remains in a consolidation phase, with buyers defending the $2,887 level while sellers cap gains near $2,920. The market's next major move hinges on whether gold can break out of this tight range. A buy entry above $2,887 with a target of $2,920 and a stop loss at $2,872 could provide a strategic trade setup.

Gold’s technical outlook remains bullish above $2,887, but failure to hold support could accelerate selling pressure.

GOLD Price Chart - Source: Tradingview
GOLD Price Chart - Source: Tradingview

GOLD (XAU/USD) - Trade Ideas

Entry Price – Buy Above 2887

Take Profit – 2920

Stop Loss – 2872

Risk to Reward – 1: 2.2

Profit & Loss Per Standard Lot = +$3300/ -$1500

Profit & Loss Per Mini Lot = +$330/ -$150

GOLD

Daily Trade Ideas

GBP/USD Price Analysis and Trade Forecast: Daily Trading Signal

By LHFX Technical Analysis
Feb 17, 2025
Gbpusd

Daily Price Outlook

- Bullish above $1.25793 – Targeting $1.26303, with a stop-loss at $1.25488.

- Resistance at $1.26310 – A breakout could push GBP/USD toward $1.26667 and $1.27037.

- Support at $1.25498 – A drop below this level may trigger further downside toward $1.25104 and $1.24765.

GBP/USD is hovering around $1.25960, showing signs of consolidation after a recent pullback. The pair is trading just above its pivot point at $1.25795, which serves as a critical level for determining near-term direction.

Immediate resistance stands at $1.26310, and a breakout above this level could drive bullish momentum toward the next resistance zones at $1.26667 and $1.27037.

On the downside, immediate support is seen at $1.25498, followed by key levels at $1.25104 and $1.24765. A failure to hold above $1.25498 could accelerate selling pressure, potentially triggering a deeper correction.

The 50-day EMA at $1.24956 suggests that the broader trend remains supported, as the moving average aligns closely with key support levels. If buyers maintain control above the $1.25793 entry point, a move toward $1.26303 appears likely, making it a strategic buy opportunity with a stop loss at $1.25488.

From a technical perspective, GBP/USD is positioned for a potential breakout if it maintains strength above the pivot point of $1.25795.

GBP/USD Price Chart - Source: Tradingview
GBP/USD Price Chart - Source: Tradingview

GBP/USD - Trade Ideas

Entry Price – Buy Above 1.25793

Take Profit – 1.26303

Stop Loss – 1.25488

Risk to Reward – 1: 1.6

Profit & Loss Per Standard Lot = +$510/ -$305

Profit & Loss Per Mini Lot = +$51/ -$30

GBP/USD

Daily Trade Ideas

S&P500 (SPX) Price Analysis and Trade Forecast: Daily Trading Signal

By LHFX Technical Analysis
Feb 14, 2025
Spx

Daily Price Outlook

- Key Resistance: 6128; Breakout may push toward 6171.

- Key Support: 6049; Decline below could accelerate selling.

- Outlook: Bullish above 6094, with a target at 6163.

The S&P 500 (SPX) is trading at 6115.08, up 0.01%, as the index continues to hover near record highs despite mixed economic signals.

The benchmark remains supported above its pivot point of 6093.87, indicating a positive underlying trend.

From a technical perspective, the index maintains its position above the 50-day EMA at 6054.58, suggesting sustained bullish sentiment. Immediate resistance is seen at 6128.99, with a potential move toward 6171.70 if the index breaks through.

A successful climb beyond this level could open the path toward 6219.27, marking a new high for the year.

On the downside, immediate support rests at 6049.53, with subsequent levels at 6008.89 and 5969.55. A drop below the 6049 mark may trigger profit-taking and shift sentiment toward the bearish side.

The Relative Strength Index (RSI) indicates neutral territory, suggesting room for further gains if buying pressure intensifies.

Fundamental factors also contribute to the cautious optimism, with strong corporate earnings providing support despite concerns about inflation and potential interest rate adjustments.

Recent PPI data showed a modest uptick, reinforcing the Fed’s cautious stance on rate cuts, which investors are closely monitoring.

S&P 500 Price Chart - Source: Tradingview
S&P 500 Price Chart - Source: Tradingview

S&P 500 - Trade Ideas

Entry Price – Buy Above 6094

Take Profit – 6163

Stop Loss – 6049

Risk to Reward – 1:1.5

Profit & Loss Per Standard Lot = +$690/ -$450

Profit & Loss Per Mini Lot = +$69/ -$45

SPX

Daily Trade Ideas

EUR/USD Price Analysis and Trade Forecast: Daily Trading Signal

By LHFX Technical Analysis
Feb 14, 2025
Eurusd

Daily Price Outlook

- Key Resistance: 1.04927 – Breakout could target 1.05326.

- Key Support: 1.03916 – A break below may accelerate declines.

- Outlook: Bullish above 1.04371; target set at 1.04939.

The EUR/USD pair is trading at 1.04560, down 0.01%, as the euro faces renewed pressure amid mixed macroeconomic signals. The pair continues to consolidate near its pivot point of 1.04369, suggesting a period of indecision for traders.

Technically, the pair remains above the 50-day EMA, currently at 1.03703, indicating underlying bullish potential. Immediate resistance is observed at 1.04927, with further targets at 1.05326 and 1.05696 if upward momentum strengthens.

A clear break above 1.04927 could attract fresh buying interest and shift the short-term outlook to bullish.

On the downside, immediate support lies at 1.03916, followed by 1.03452. A drop below these levels could expose the pair to further losses, with the next key support at 1.02963. The Relative Strength Index (RSI) remains neutral, hinting at possible volatility if the pair approaches the 1.04369 pivot.

Fundamentally, the euro remains vulnerable to external economic factors, including the Federal Reserve's cautious stance on rate adjustments and ongoing geopolitical uncertainties.

The latest PPI figures in the U.S. came in hotter than expected, reinforcing the Fed’s hawkish narrative and giving the dollar a slight edge. Meanwhile, investors are closely monitoring European inflation data due later this week, which could provide further direction.

EUR/USD Price Chart - Source: Tradingview
EUR/USD Price Chart - Source: Tradingview

EUR/USD - Trade Ideas

Entry Price – Buy Above 1.04371

Take Profit – 1.04939

Stop Loss – 1.03990

Risk to Reward – 1:1.49

Profit & Loss Per Standard Lot = +$568/ -$381

Profit & Loss Per Mini Lot = +$56/ -$38

EUR/USD

Daily Trade Ideas

GOLD Price Analysis and Trade Forecast: Daily Trading Signal

By LHFX Technical Analysis
Feb 14, 2025
Gold

Daily Price Outlook

- Key Resistance: $2,943; Breakout could push gold toward $2,959.

- Key Support: $2,898; A drop below may trigger increased selling.

- Outlook: Bullish above $2,923, with profit target set at $2,942.

Gold (XAU/USD) is trading at $2,932.09, up 0.01% as it maintains its bullish momentum amid persistent inflation concerns and ongoing tariff-related market anxiety.

The metal remains supported above its pivot point of $2,923.29, indicating continued investor interest in safe-haven assets.

Technically, gold is trading comfortably above the 50-day EMA, which sits at $2,907.75. This suggests the bullish trend remains intact, with the next immediate resistance at $2,943.27.

A break above this level could propel gold toward $2,959.89 and potentially $2,975.66 if the upward momentum strengthens.

On the downside, immediate support lies at $2,898.08, followed by $2,879.70 and $2,864.94. A dip below the $2,898 level might trigger profit-taking and shift sentiment to the downside.

The Relative Strength Index (RSI) remains near neutral, signaling balanced market sentiment with room for potential upside if buying pressure increases.

Fundamentally, gold continues to benefit from a weaker U.S. dollar and elevated inflation figures, as the latest PPI data showed a 3.5% year-over-year rise, exceeding market expectations.

The Federal Reserve's cautious approach toward rate cuts further supports gold’s appeal, particularly as uncertainty surrounding new tariff measures persists.

GOLD Price Chart - Source: Tradingview
GOLD Price Chart - Source: Tradingview

GOLD (XAU/USD) - Trade Ideas

Entry Price – Buy Above 2923

Take Profit – 2942

Stop Loss – 2904

Risk to Reward – 1:1

Profit & Loss Per Standard Lot = +$1900/ -$1900

Profit & Loss Per Mini Lot = +$190/ -$190

GOLD

Daily Trade Ideas

AUD/USD Price Analysis and Trade Forecast: Daily Trading Signal

By LHFX Technical Analysis
Feb 13, 2025
Audusd

Daily Price Outlook

- AUD/USD remains bullish above $0.62860, with $0.63149 as the next key resistance.

- 50-day EMA at $0.62845 supports the uptrend, keeping buyers in control.

- Break above $0.63149 may push the pair toward $0.63357, while a drop below $0.62665 could signal renewed selling pressure.

The AUD/USD pair is trading at $0.62926, hovering above its pivot point of $0.62860. The pair is attempting to sustain its modest upside momentum, supported by the 50-day EMA at $0.62845, which reinforces near-term bullish sentiment.

On the upside, immediate resistance stands at $0.63149, with a breakout paving the way for a move towards $0.63357 and potentially $0.63568 if buyers maintain control. A sustained rally above these levels would indicate growing strength in the Australian dollar, driven by risk appetite and a softening U.S. dollar.

Conversely, immediate support is located at $0.62665, followed by $0.62438 and $0.62214. A decisive drop below these levels would expose AUD/USD to further losses, increasing the likelihood of a bearish reversal.

The preferred entry strategy is to buy above $0.62863, targeting $0.63253 as a take-profit level, while stop-loss is set at $0.62662 to manage downside risk.

Overall, the pair remains bullish above $0.62860, with a break above $0.63149 likely to confirm a stronger uptrend. However, traders should monitor price action closely, as a failure to hold above support levels could shift sentiment in favor of the bears.

AUD/USD Price Chart - Source: Tradingview
AUD/USD Price Chart - Source: Tradingview

AUD/USD - Trade Ideas

Entry Price – Buy Above 0.62863

Take Profit – 0.63253

Stop Loss – 0.62662

Risk to Reward – 1:1.9

Profit & Loss Per Standard Lot = +$390/ -$201

Profit & Loss Per Mini Lot = +$39/ -$20

AUD/USD