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Japan Seeks US Deal as Tariff Deadline NearsThe yen hovered around 145 per dollar Friday after a nearly 1% drop in the previous session, pressured by trade uncertainties as Tokyo seeks a deal with Washington before next week’s deadline. Trump may announce new tariffs or extend deadlines today, having previously threatened tariffs up to 35% on Japanese goods over low US rice and car imports. The yen also weakened as a stronger US dollar followed a better June jobs report, easing recession fears and reducing near-term Fed cut chances. In Japan, May household spending grew more than forecast, supported by government efforts to increase demand. The key resistance is at $145.35, meanwhile the major support is located at $143.55.
by ChartMage
1
Bullish bounce?The Kiwi (NZD/USD) is falling towards the pivot and could bounce to the 1st support which has been identified as a pullback support. Pivot: 0.5937 1st Support: 0.5820 1st Resistance: 0.6098 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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. IC Markets 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.
Long
by ICmarkets
1
PORTAL/USDTKey Level Zone: 0.03560 - 0.03660 LMT v2.0 detected. The setup looks promising—price previously trended upward with rising volume and momentum, then retested this zone cleanly. This presents an excellent reward-to-risk opportunity if momentum continues to align. Introducing LMT (Levels & Momentum Trading) - Over the past 3 years, I’ve refined my approach to focus more sharply on the single most important element in any trade: the KEY LEVEL. - While HMT (High Momentum Trading) served me well—combining trend, momentum, volume, and structure across multiple timeframes—I realized that consistently identifying and respecting these critical price zones is what truly separates good trades from great ones. - That insight led to the evolution of HMT into LMT – Levels & Momentum Trading. Why the Change? (From HMT to LMT) Switching from High Momentum Trading (HMT) to Levels & Momentum Trading (LMT) improves precision, risk control, and confidence by: - Clearer Entries & Stops: Defined key levels make it easier to plan entries, stop-losses, and position sizing—no more guesswork. - Better Signal Quality: Momentum is now always checked against a support or resistance zone—if it aligns, it's a stronger setup. - Improved Reward-to-Risk: All trades are anchored to key levels, making it easier to calculate and manage risk effectively. - Stronger Confidence: With clear invalidation points beyond key levels, it's easier to trust the plan and stay disciplined—even in tough markets. Whenever I share a signal, it’s because: - A high‐probability key level has been identified on a higher timeframe. - Lower‐timeframe momentum, market structure and volume suggest continuation or reversal is imminent. - The reward‐to‐risk (based on that key level) meets my criteria for a disciplined entry. ***Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved. Important Note: The Role of Key Levels - Holding a key level zone: If price respects the key level zone, momentum often carries the trend in the expected direction. That’s when we look to enter, with stop-loss placed just beyond the zone with some buffer. - Breaking a key level zone: A definitive break signals a potential stop‐out for trend traders. For reversal traders, it’s a cue to consider switching direction—price often retests broken zones as new support or resistance. My Trading Rules (Unchanged) Risk Management - Maximum risk per trade: 2.5% - Leverage: 5x Exit Strategy / Profit Taking - Sell at least 70% on the 3rd wave up (LTF Wave 5). - Typically sell 50% during a high‐volume spike. - Move stop‐loss to breakeven once the trade achieves a 1.5:1 R:R. - Exit at breakeven if momentum fades or divergence appears. The market is highly dynamic and constantly changing. LMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement. If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love! From HMT to LMT: A Brief Version History HM Signal : Date: 17/08/2023 - Early concept identifying high momentum pullbacks within strong uptrends - Triggered after a prior wave up with rising volume and momentum - Focused on healthy retracements into support for optimal reward-to-risk setups HMT v1.0: Date: 18/10/2024 - Initial release of the High Momentum Trading framework - Combined multi-timeframe trend, volume, and momentum analysis. - Focused on identifying strong trending moves high momentum HMT v2.0: Date: 17/12/2024 - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals HMT v3.0: Date: 23/12/2024 - Added liquidity factor to enhance trend continuation - Improved potential for momentum-based plays - Increased winning probability by reducing entries during peaks HMT v3.1: Date: 31/12/2024 - Enhanced entry confirmation for improved reward-to-risk ratios HMT v4.0: Date: 05/01/2025 - Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling HMT v4.1: Date: 06/01/2025 - Enhanced take-profit (TP) target by incorporating market structure analysis HMT v5 : Date: 23/01/2025 - Refined wave analysis for trending conditions - Incorporated lower timeframe (LTF) momentum to strengthen trend reliability - Re-aligned and re-balanced entry conditions for improved accuracy HMT v6 : Date : 15/02/2025 - Integrated strong accumulation activity into in-depth wave analysis HMT v7 : Date : 20/03/2025 - Refined wave analysis along with accumulation and market sentiment HMT v8 : Date : 16/04/2025 - Fully restructured strategy logic HMT v8.1 : Date : 18/04/2025 - Refined Take Profit (TP) logic to be more conservative for improved win consistency LMT v1.0 : Date : 06/06/2025 - Rebranded to emphasize key levels + momentum as the core framework LMT v2.0 Date: 11/06/2025
Long
by Ren_MomentumTrader
Analysis of the latest gold trend next week: Analysis of gold news: Friday (July 4) coincided with the US Independence Day holiday, and gold prices were in a narrow range of fluctuations. Strong employment data not only pushed up the US dollar and US bond yields, but also significantly weakened the market's expectations of the Federal Reserve's early rate cuts, which greatly reduced the attractiveness of gold. At the same time, the US Congress passed the Trump administration's massive tax cut and spending bill, further injecting complex variables into the economy. There will be no key data to watch today. Due to the US Independence Day, all markets will close early, which will limit the fluctuation range of gold prices. Key technical signals: Daily level: Range fluctuations: Gold prices repeatedly tested in the 3320-3360 range, the Bollinger band narrowed, and the MACD kinetic energy column shrank, indicating that the market was in a wait-and-see mood. Key support/resistance: Support: 3320 (5-day moving average), 3300 (psychological barrier + Bollinger lower track). Resistance: 3350-3360 (non-agricultural starting point + daily middle track). 4-hour level: Short-term bottoming signs: After the non-agricultural data, the gold price fell to 3322 and then rebounded, forming a double bottom prototype, but it needs to break through 3350 to confirm the reversal. RSI is neutral (around 50) and may maintain a narrow range of fluctuations in the short term. 2. Next week's market deduction 1. Baseline scenario (oscillation and consolidation, 60% probability) Trend: The gold price fluctuates in the 3320-3360 range, waiting for CPI data to guide the direction. Operation strategy: Short-term high-sell and low-buy: Long order: Long at around 3320-3325, stop loss 3305, target 3350. Short order: Short at 3350-3360 under pressure, stop loss 3370, target 3320. 2. Bullish breakthrough scenario (30% probability, CPI data required) Trigger conditions: CPI is lower than expected (such as below 3.2%), the market re-bets on interest rate cuts, and the US dollar weakens. Trend: After breaking through 3360, it may test 3380 (200-day moving average) or even 3400. Operation strategy: Break through and chase long: Follow up after stabilizing 3360, target 3380-3400. 3. Bearish breakout scenario (10% probability, need continued strength of the US dollar) Trigger conditions: CPI is stronger than expected (such as more than 3.5%), and the Fed's hawkish remarks suppress expectations of rate cuts. Trend: After breaking below 3300, it may test 3260 (June low). Operation strategy: Break through and follow short: After breaking below 3300, chase short, target 3260. III. Trading strategy and risk management Short-term trading (suitable for intraday positions) Shock strategy: Buy high and sell low in the range of 3320-3360, with strict stop loss (10$-15$). Breakout strategy: Wait for CPI data and follow the trend. If it breaks through 3360, chase longs or if it falls below 3300, follow shorts. Mid-term layout (pay attention to the trend after CPI) If CPI is positive: set up long orders at 3330-3340, with a target of 3400. If CPI is negative: set up short orders at 3350-3360, with a target of 3260. Risk warning Liquidity risk: Speech by Fed officials (such as Powell) may trigger short-term sharp fluctuations. Geopolitical risk: Sudden conflicts or banking crises may trigger safe-haven buying, breaking the technical logic. 4. Summary and key points Core range: 3320-3360 (maintain the idea of oscillation before breaking through). Long-short watershed: Breaking through 3360 → opening up space to 3400. Breaking through 3300 → opening a downward trend to 3260.
FOREXCOM:XAUUSD
by Gold_Hunters_Alliance
3 key reasons why the U.S. dollar is losing value📉 According to J.P. Morgan, here are 3 key reasons why the U.S. dollar is losing value: 1️⃣ Oil and energy deals are now being done in other currencies 2️⃣ U.S. banks are excluded from new global payment systems 3️⃣ Countries are reducing their USD reserves The world is slowly shifting away from dollar dependence... #USD #DollarDecline #JPMorgan #ForexNews #DeDollarization #OilTrade #CurrencyShift #GlobalEconomy #SmartMoney #FXForever #MarketUpdate #ForexTraders #USDBreakdown #EconomicTrends #GlobalFinance
TVC:DXYShort
by FXFOREVER_87
NASDAQ Potential Bearish Reversal Analysis NASDAQ Potential Bearish Reversal Analysis 🧠🔻 The chart illustrates a potential bearish setup forming after a recent uptrend in NASDAQ. Let's break it down professionally: 🔍 Technical Overview: Ascending Trendline Break ✅ Price had been respecting a steady ascending trendline. A break below this trendline indicates a possible momentum shift from bullish to bearish. Bearish Pattern Formation 🔷 A bearish flag/pennant-like formation can be observed after the sharp rise. This consolidation followed by a breakdown could be a continuation pattern, hinting at further downside. Resistance Rejection 🔴 A red arrow marks a clear rejection from the resistance zone near 22,800 USD. Strong wick rejections and bearish candles suggest selling pressure at that level. Support Turned Resistance (SUPPOT 🛑) The previously broken support zone is now acting as resistance (note: "SUPPOT" appears misspelled—should be "SUPPORT"). Bearish Target Zone 🎯 The chart marks a "TAEGET" zone (should be "TARGET") near the 21,900 – 22,000 USD range. This aligns with prior consolidation and demand zones, making it a likely area for price to retrace. 📌 Key Zones: Resistance (Rejection Area): 22,800 USD Current Price: 22,739.7 USD Bearish Target Zone: 21,900 – 22,000 USD ⚠️ Conclusion: The market shows signs of a bearish reversal with a confirmed trendline break, resistance rejection, and bearish pattern formation. If the price fails to reclaim the 22,800 level, there’s a high probability of downward continuation toward the 22,000 target.
IG:NASDAQShort
by MrStellanSight
1
Technical Analysis: #TON/USDT 1-Day ChartTechnical Analysis: #TON/USDT 1-Day Chart shows a drop from a high of around 4.211 to a low of 2.355 recently, with a small dip (-1.69%) today. A falling wedge pattern is forming could mean a chance to bounce back Support Zone: A strong base is at 2.600-2.789, where buyers might jump in. Resistance Level: The next big test is at 3.091-3.265—break that, and it could rise Falling Wedge: This pattern, with its narrowing lines, often signals a bullish move if it breaks above 3.265 Momentum: The downtrend had steady volume, but the pattern hints at a possible upturn. Timeframe:Watch the next few days for the wedge to break out. Possibilities: Bullish Move: A jump above 3.265 with good volume could push it to 3.600 or more! Bearish Drop: A fall below 2.789 might take it back to 2.355—stay careful! Safety Tip: Set a stop-loss below 2.789 to stay safe.
Long
by FortuneAI