In today’s episode of “What’s Flowing”, we’re analyzing key market moves across FX pairs, commodities, and indices, using Heikin Ashi charts to identify trends and potential trade setups.
Key Market Observations
1. Currency Pairs – Strong Momentum Plays
• AUD/USD & NZD/USD (Top Left) – Bullish Continuation
• Strong uptrend, price breaking through resistance.
• RSI is holding above 75, signaling continued strength.
• Key level to watch: 0.95 resistance zone for potential breakout or pullback.
• EUR/USD (Bottom Center) – Bearish Rejection
• Price rejected near 1.05, dropping into demand zone.
• A break below 1.037 could accelerate selling pressure.
• Bears in control unless buyers step in at support.
• USD/CNH (Bottom Right) – Range Consolidation
• Holding near 7.29, but lacking clear directional bias.
• Watching for a breakout above 7.30 or breakdown below 7.25.
2. Commodities – Mixed Trends
• XNG/USD (Natural Gas, Top Right) – Range Play
• Attempting to push higher after testing lower support levels.
• Resistance at 3.39, break above could confirm bullish momentum.
• Gold & Silver (Not in this chart, but worth monitoring)
• Commodities have been holding strong amid global uncertainty.
• Gold & Silver miners remain laggards compared to the spot price—potential catch-up trade?
3. Indices – Critical Levels in Play
• US30 (Dow, Top Center) – Potential Pullback
• Testing major resistance at 23,400.
• If sellers step in, expect a pullback toward 22,800 before next move.
• GBP/JPY (Top Right) – Volatile Structure
• Strong push higher, but price facing resistance near 37,400.
• Bulls need a clean break above to maintain momentum.
What’s Flowing Today?
1. AUD & NZD showing strength – bullish moves continuing.
2. USD/CNH in a tight range – waiting for confirmation.
3. US indices reaching key resistance – potential pullbacks ahead.
4. Commodities holding steady – Natural Gas attempting a move up.
Stay tuned for more insights and let’s see how these setups evolve throughout the session!
#WhatsFlowing #Forex #Commodities #Indices
Key Market Observations
1. Currency Pairs – Strong Momentum Plays
• AUD/USD & NZD/USD (Top Left) – Bullish Continuation
• Strong uptrend, price breaking through resistance.
• RSI is holding above 75, signaling continued strength.
• Key level to watch: 0.95 resistance zone for potential breakout or pullback.
• EUR/USD (Bottom Center) – Bearish Rejection
• Price rejected near 1.05, dropping into demand zone.
• A break below 1.037 could accelerate selling pressure.
• Bears in control unless buyers step in at support.
• USD/CNH (Bottom Right) – Range Consolidation
• Holding near 7.29, but lacking clear directional bias.
• Watching for a breakout above 7.30 or breakdown below 7.25.
2. Commodities – Mixed Trends
• XNG/USD (Natural Gas, Top Right) – Range Play
• Attempting to push higher after testing lower support levels.
• Resistance at 3.39, break above could confirm bullish momentum.
• Gold & Silver (Not in this chart, but worth monitoring)
• Commodities have been holding strong amid global uncertainty.
• Gold & Silver miners remain laggards compared to the spot price—potential catch-up trade?
3. Indices – Critical Levels in Play
• US30 (Dow, Top Center) – Potential Pullback
• Testing major resistance at 23,400.
• If sellers step in, expect a pullback toward 22,800 before next move.
• GBP/JPY (Top Right) – Volatile Structure
• Strong push higher, but price facing resistance near 37,400.
• Bulls need a clean break above to maintain momentum.
What’s Flowing Today?
1. AUD & NZD showing strength – bullish moves continuing.
2. USD/CNH in a tight range – waiting for confirmation.
3. US indices reaching key resistance – potential pullbacks ahead.
4. Commodities holding steady – Natural Gas attempting a move up.
Stay tuned for more insights and let’s see how these setups evolve throughout the session!
#WhatsFlowing #Forex #Commodities #Indices
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.