Forex and Commodity Analysis from a P&F Chart Perspective - March 27, 2025

As always, I wish you all a successful trading day, plenty of SL hunting, and invite you to join me in reviewing today’s P&F chart perspectives while discussing with fellow traders in the forum!

1. EUR/GBP

The EG price action is approaching the ascending support line. If the price breaks through the support and crosses the ascending support line, the trend will shift to a downtrend. You can place a pending sell order as follows:

• Sell stop: 0.833
• SL: 0.839

2. GBP/USD

GU is currently in an uncertain position, not near any trendlines. Wait for the price to retest the ascending support line and observe its reaction before making a decision. The trend is strong, but chasing the price at this point is risky. Buying during a pullback at this level is also dangerous since the price could experience sharp corrections or unpredictable consolidation.

3. AUD/USD

AU is testing the ascending support line and forming a short X column, indicating that demand is weaker than supply. We will set up a pending sell order with the expectation that the price will break the trendline + support and shift to a downtrend.

• Sell stop: 0.6255
• SL: 0.6345

4. EUR/USD

Similar to GU, EU is in a strong uptrend but in an uncertain position, and is beginning to pull back. Wait for the price to retest the ascending support line and observe the reaction before making a move. Chasing the price here is risky, and buying during a pullback at this stage is also dangerous as strong corrections or consolidations could occur.

5. USD/CAD

The primary trend for USDCAD has shifted to a downtrend as support at 1.428 has been broken. Currently, we see a retracing X column, but it is not yet confirmed. If this X column turns black and does not extend further, it will indicate weak demand. Therefore, we will wait for another session before placing a pending sell order.

6. XAU/USD (Gold)

Gold is currently in a slight pullback but remains in an uptrend and is poised to reach new highs.

• If you have already taken profit, wait for new signals before re-entering the market.
• If you haven’t taken profit yet, continue holding but use a trailing SL based on newly formed support levels.

The above insights are based on personal perspectives and objective observations following P&F chart trading rules. Some traders may have different approaches, so feel free to contribute and discuss additional signals or trade setups in the comments below!

Cre: TraderViet

Tags:

#Forex #TechnicalAnalysis #PnF #EURGBP #GBPUSD #AUDUSD #EURUSD #USDCAD #XAUUSD #TradingForex #CommodityMarket