Get started

Analysis

Is DAX showing something interesting for the bulls?#DAX EASYMARKETS:DAXEUR DAX seems to be showing some positive signs for the bulls, however, we cannot get comfortable with that idea yet until we see a clear breakout. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. 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. easyMarkets 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.
EASYMARKETS:DAXEUR
by easyMarkets
AUD/USD shortAUD/USD One hour trading report overview Tickets (EP): 0.6662 Reason: Select the 0.6662 entry point based on the relative strength index (RSI) and wait for favorable opportunities Opportunities exist during market corrections.This setup suggests the best entry point to capture a potential downtrend. Stop Loss (SL): 0.6711 Rationale: Stop loss is set at 0.6711, calculated using average true range (ATR) data.This strict stop-loss setting is designed to protect the trade from any unexpected upside, thereby minimizing potential losses. Take Profit (TP): 0.6601 Reason: Take profit level is set at 0.6601 The strategic goal is to maintain reasonable profits when the price is close to the previous support level and to ensure reasonable profits when the price pulls back. Profit on this trade: 61pips (610usd/lot) Please note that foreign exchange trading involves risks and the analysis provided is based on the information provided. Market conditions can change rapidly, so it is important to stay current and consider implementing risk management strategies. It is crucial to monitor the market closely and adjust your trading strategy accordingly
Short
by Tracyanalyst
USDJPY shortUSD/JPY One hour trading report overview Tickets (EP): 156.86 Reason: Select the 156.86 entry point based on the relative strength index (RSI) and wait for favorable opportunities Opportunities exist during market corrections.This setup suggests the best entry point to capture a potential downtrend. Stop Loss (SL): 157.44 Rationale: Stop loss is set at 157.44, calculated using average true range (ATR) data.This strict stop-loss setting is designed to protect the trade from any unexpected upside, thereby minimizing potential losses. Take Profit (TP): 155.77 Reason: Take profit level is set at 155.77 The strategic goal is to maintain reasonable profits when the price is close to the previous support level and to ensure reasonable profits when the price pulls back. Profit on this trade: 109pips (approximately 1,090usd/lot) Please note that foreign exchange trading involves risks and the analysis provided is based on the information provided. Market conditions can change rapidly, so it is important to stay current and consider implementing risk management strategies. It is crucial to monitor the market closely and adjust your trading strategy accordingly.
Short
by Tracyanalyst
Gold Analysis 12/06/24Analyzing the provided gold (XAU/USD) chart on a 4-hour timeframe, here are the potential scenarios based on the CPI data release: 1. *Positive CPI (Higher than expected inflation):* - *Interest Rate Hike Likely:* If CPI data is positive (indicating higher inflation), the Federal Reserve might consider raising interest rates to combat inflation. This scenario can lead to a strengthening US dollar and typically puts downward pressure on gold prices. - *Price Movement:* - *Key Level to Watch:* If gold price closes below the current support level of approximately 2,290.390, we can expect a downward movement towards the next support levels of 2,278 to 2,265, as marked on the chart. - *Technical Indicators:* The chart shows clean traffic below this level, suggesting potential for a more significant drop if this support breaks. 2. *Negative CPI (Lower than expected inflation):* - *Interest Rate Hike Unlikely or Rate Hold:* If CPI data is negative (indicating lower inflation), the Federal Reserve might hold off on raising rates or even consider rate cuts. This scenario can weaken the US dollar and generally supports higher gold prices. - *Price Movement:* - *Key Level to Watch:* If gold price closes above the resistance level of approximately 2,318.071, we can expect an upward movement towards the next resistance levels of 2,325 to 2,337. - *Technical Indicators:* The chart indicates clean traffic above this level, suggesting potential for further gains if this resistance is broken. *Scenarios Summarized:* - *If CPI is positive (high inflation):* Gold price could drop below 2,290.390, targeting 2,278 to 2,265. - *If CPI is negative (low inflation):* Gold price could rise above 2,318.071, targeting 2,325 to 2,337. In General im Bearish with Gold , i think gold might Drop way more But Not for long i'll explain why after posting i'll share some News that may help , i dont take trades based on News unless its confirmed those news might be wrong or right
OANDA:XAUUSDShort
by TraderFa9ir
Sell GBPCAD Channel BreakoutThe GBP/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.7518, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.7464 2nd Support – 1.7430 Stop-Loss: To manage risk, place a stop-loss order above 1.7565. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_FOREX_TRADING
3
Gold Analysis 12/06/24Analyzing the provided gold (XAU/USD) chart on a 4-hour timeframe, here are the potential scenarios based on the CPI data release: 1. *Positive CPI (Higher than expected inflation):* - *Interest Rate Hike Likely:* If CPI data is positive (indicating higher inflation), the Federal Reserve might consider raising interest rates to combat inflation. This scenario can lead to a strengthening US dollar and typically puts downward pressure on gold prices. - *Price Movement:* - *Key Level to Watch:* If gold price closes below the current support level of approximately 2,290.390, we can expect a downward movement towards the next support levels of 2,278 to 2,265, as marked on the chart. - *Technical Indicators:* The chart shows clean traffic below this level, suggesting potential for a more significant drop if this support breaks. 2. *Negative CPI (Lower than expected inflation):* - *Interest Rate Hike Unlikely or Rate Hold:* If CPI data is negative (indicating lower inflation), the Federal Reserve might hold off on raising rates or even consider rate cuts. This scenario can weaken the US dollar and generally supports higher gold prices. - *Price Movement:* - *Key Level to Watch:* If gold price closes above the resistance level of approximately 2,318.071, we can expect an upward movement towards the next resistance levels of 2,325 to 2,337. - *Technical Indicators:* The chart indicates clean traffic above this level, suggesting potential for further gains if this resistance is broken. *Scenarios Summarized:* - *If CPI is positive (high inflation):* Gold price could drop below 2,290.390, targeting 2,278 to 2,265. - *If CPI is negative (low inflation):* Gold price could rise above 2,318.071, targeting 2,325 to 2,337. In General im Bearish with Gold , i think gold might Drop way more But Not for long i'll explain why after posting i'll share some News that may help , i dont take trades based on News unless its confirmed those news might be wrong or right
OANDA:XAUUSDShort
by TraderFa9ir
$LINAUSDT is drawing a very interesting setupI see a lot of movements and crossing of figures on the graph of BYBIT:LINAUSDT.P 1. From the top to the down trend-line inside the tapering triangle in the left side. 2. Stochastic lateral movement inside the diamond pattern borders in the middle. 3. Forming of a probable expanding triangle on the right side. 4. Global pressure in the form of ascending triangle under all the changes above. I know, that we are working with tons of probabilities, but I believe, that basing on my investigations and intuition, in the next 5-6 months we will observe an raising upstairs walking to the range between 0.025 and 0.031. And the first step will start very-very soon. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view.
Long
by furoreggs
13
xauusd analysisOn last monday we have posted a chart analysis major bullish and bearish points of xauusd. And all our targets were hit ✅✅✅✅ BULLISH: 2335 ✅✅✅ 2343 ✅✅✅ 2347 ✅✅✅ 2355 ✅✅✅ 2367 ✅✅✅ 2376 ✅✅✅ 2398 BEARISH; 2321 ✅✅✅ 2312 ✅✅✅ 2298 ✅✅✅ 2287 ✅✅✅ 2282 our analysis for monday june 10 2024 as xauusd has fallen around 120 points or 1200 pips from its top of 2388 on friday a possible retracement can be elicited out. if the support area from 2288-2282 is not breached then xauusd will fly back to 2333 area where it has major resistance minor resistance are present in 2304 2315 2321 more updates will be posted soon. please like share and follow us for more market related updates
OANDA:XAUUSDLong
by realmillionairefx
NAS100 FORECAST Overview: - Current Price: 19019, slightly down by 0.11% (-20.2 points). - Price Action: The index has been in an uptrend since early May, with a recent consolidation phase. Key Observations: 1. Trend: - The overall trend is bullish, with higher highs and higher lows forming since early May. - There was a significant upward movement around mid-May, followed by a correction and another upward push in early June. 2. Recent Price Movement: - After reaching a high around 19050, the price has pulled back slightly and is currently consolidating just below this level. - The consolidation near the highs indicates a potential continuation pattern, suggesting that the market might be gathering strength for another move higher. 3. Bearish and Bullish Levels: - Resistance: The recent high around 19050 is acting as a resistance level. A breakout above this level could signal further bullish momentum. - Support: The previous swing low around 18600 can be considered a key support level. If the price breaks below this level, it could indicate a potential trend reversal or a deeper correction. 4. Volume and Volatility: - The chart does not show volume, but the recent price action suggests that volatility has been relatively low in the consolidation phase. Traders will likely watch for an increase in volume accompanying a breakout or breakdown to confirm the move. Potential Scenarios: 1. Bullish Scenario: - If the price breaks above the resistance at 19050 with strong momentum and volume, it could continue the uptrend, targeting new highs. - In this case, the next psychological levels to watch would be around 19100 and 19200. 2. Bearish Scenario: - If the price fails to break the resistance and falls below the recent consolidation low around 18900, it could signal the start of a correction. - In this scenario, the next support levels to watch would be around 18700 and 18600. 3. Sideways Movement: - The price could continue to consolidate between 18900 and 19050, indicating indecision in the market. - Traders might wait for a decisive breakout or breakdown from this range to determine the next significant move. Conclusion: The US NASDAQ 100 index is currently in a bullish trend with a consolidation phase near recent highs. A breakout above 19050 could continue the uptrend, while a breakdown below 18900 might lead to a correction. Traders should watch for volume and momentum to confirm any potential moves.
OANDA:NAS100USD
by RojBarwari
DJ30 FORECASTBased on the OANDA:US30USD chart, the price at 38790.0 is above the pivot point of 38753, indicating a bullish sentiment. If the price stays above this pivot, it could move towards Bullish levels at 38906 and 39022. Conversely, if it drops below the pivot point, it could target Bearish levels at 38637 and 38484. The current bias is bullish, but close monitoring around the pivot point is essential to confirm the market direction. Key Levels: Bullish Lines: 38818, 38906, 39022, 39165 Pivot Line: 38753 Bearish Line: 38637, 38484, 38279
OANDA:US30USD
by RojBarwari
DWS GROUP (DWS): Upswing in Germany's Financial SectorDWS GROUP (DWS): XETR:DWS Analyzing the relatively young German stock, DWS Group, listed on the Xetra exchange in Germany, we find ourselves in an overarching Wave (3). We start this count at the Corona low of €16.75. Wave (2) concluded at €23.21, and our old high is at €41.88, which also represents the level of Wave (1). Naturally, for Wave (3), we aim to surpass this level. Subordinately, we are also in a Wave 3, and at an even lower level, again in a Wave ((iii)). We're looking to identify our entry point at the conclusion of Wave ((iv)). We anticipate some upside for the encapsulated Wave ((iii)), expecting the level between 227% and 261%, roughly at the all-time high, before we turn and complete our Wave ((iv)), and then fully develop the subordinate Wave 3.
XETR:DWSLong
by freeguy_by_wmc
Arbitrum Analysis | Consolidation with a Bearish BiasCurrent Chart Analysis: The daily chart of ARB continues to show a steady downtrend within a broad range. This pattern reflects sustained selling pressure and dominant bearish sentiment in the market. The price is approaching a significant support level around $0.76 - $0.74, historically serving as a crucial zone for price stabilization. Support and Resistance Levels: The current price is near a support level around $0.91. The critical resistance level to monitor is $1.29, which has been a strong barrier, often leading to price struggles and reversals upon testing. Volume Analysis: Trading volumes typically increase during price declines, highlighting intensified selling pressure. During consolidation phases, volumes remain elevated while candlesticks exhibit low volatility. This pattern suggests market uncertainty and a lack of clear directional momentum, potentially signaling position accumulation by traders preparing for the next significant breakout or breakdown. Possible Scenarios: 🟩 Bullish Scenario: A breakout above the local resistance level at $1.10, accompanied by increased trading volumes, could signal a potential bullish reversal, driving the price up to $1.29. To confirm the shift in market sentiment, this breakout should be supported by high volumes and price consolidation above the $1.29 level on the daily timeframe. This could lead to a subsequent phase of price consolidation, allowing for further testing of key resistance levels on the path to continued growth. 🟥 Bearish Scenario: If the price fails to hold above the $0.91 support level, it could lead to further declines. Consolidation below this support level would likely continue the downtrend towards the next support zone around $0.76 - $0.74. Traders should be prepared for potential short positions or implementing protective measures if this scenario unfolds. Overall Market Sentiment: Current Bias: ARB is displaying bearish sentiment, with potential for extended range-bound trading between the support at $0.91 and the resistance levels at $1.10 and $1.29. The recent token unlock event has added significant supply, contributing to downward pressure, while overall market uncertainty in the crypto space exacerbates this trend. Despite the bullish potential from the Robinhood integration, its impact appears muted in the current environment, unable to counterbalance the prevailing bearish dynamics. Recommendations for Traders: ◼️ Monitoring Trading Volumes: Keep a close watch on trading volumes around key support and resistance levels to assess the strength of any breakout or pullback. ◼️ Preparation for Volatility: Given the recent increase in token supply and market uncertainties, expect heightened volatility. Consider risk management strategies such as setting stop-loss orders, adjusting position sizes, and employing careful entry and exit planning to mitigate risks from sudden market movements. Disclaimer: Content for seasoned traders only. Not financial advice. You bear sole responsibility for trading outcomes. ➖ DYOR 🧠 💡
COINBASE:ARBUSD
by TeddyVizion
European instability causing weakness in the euroAfter the EU Parliamentary elections, there is a rise of nationalism and protectionism among some individual EU states. The euro is feeling the heat, as EU stability is under threat. EASYMARKETS:EURGBP #EURGBP Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. 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. easyMarkets 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.
by easyMarkets
US DOLLAR INDEX The us dollar index opened with a gap. today the us dollar index which was closed at 104.94 opened at 105.5 with 11 point gap. this gap may be an indication that us dollar is going to resume its upward momentum this week which it has started on last Friday. if this momentum continues it will be a fall for xauusd. more clear cut analysis will be posted soon . but please post your comments which will be helpful to understand what the crowd thinks and thus understand market sentiments. LIKE BOOST FOLLOW US
ICEUS:DXYLong
by realmillionairefx
Weekly trade planning sessionHi Traders, this is another episode of charts247 weekly trade planning session. We believe in trade planning because it helps us identify high-probability forex pairs that we should trade during the week. Below are the indexes based on the 4HR wave structure. DXY: Bullish Reversal (+ve) EXY: Bearish Continuation (-ve) AXY: Reversal (-ve) SXY: Bullish Pullback (+ve) JXY: Bullish Pullback (+ve) BXY: Bullish Pullback (+ve) CXY: Bearish Continuation (-ve) ZXY: Reversal (-ve) ------------------------- BUY PAIRS: USDCAD, AUDCAD, GBPCAD, SELL PAIRS: EURUSD, CADJPY, EURGBP, EURAUD
by Charts247TradingAcademy
XAU/USD - Q2 Market AnalystBased on current trends and analysis, I forecast that XAU/USD will reach a new all-time high (ATH) this week at the earliest and next week at the latest. Therefore, we should consider taking a Long/Buy Action in the market. Here are the key insights: Reversal: There was a strong rejection at the 2291 area after experiencing a strong rejection at 2393. This is a sign that the market has the potential to move upward. Additionally, this week, on May 10, 2024, the market closed above the support area. Correction: The market will undergo a correction around the 2393 area before continuing its bullish trend, as long as there are no adverse news or situations affecting the market. Please remember, this analysis is a personal interpretation of market trends and should not replace professional financial advice. Always conduct thorough research and consult financial experts before making investment decisions.
OANDA:XAUUSDLong
by rvldpw
Canadian Dollar Historic Long(Futures) This is the CoT index of Commercials(Blue) and Retailers(Green). As you can see, Commercials are in the high extreme and Retailers are in low extreme of the index. The vertical blue lines are the past identical situations which ended up in big rallies. Plus, when the retailers net position(green area) is around -8000 (the dotted green line) resulted in rallies also. On top of that Commercials net positions(the blue area) is close to the all time high (since 2001). the last time Commercials net positions were this high was May 2017 which ended up in a BIG rally. Besides, the 15-year seasonality shows bottom of the market around the end of June and top of the market around the end of July. Keep in mind that this is the Canadian Dollar futures chart which is the inverted of USDCAD of Forex chart.
CME:6C1!Long
by XardasX
2