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Fibonacci

EURUSD - Could the Low Be in Place?EURUSD has recently been struggling for upside momentum as a reduction in trade tensions have boosted the dollar, and hopes for another ECB rate cut in June have weighed on the Euro. This has seen a selloff in the world’s biggest FX pair from its 2025 highs at 1.1573 posted on April 21st, to a low of 1.1065 on May 12th, as US and China trade representatives outlined details of a significant reduction in tariffs on imports from each country, before eventually closing on Friday slightly higher at 1.1150. Roll forward to the start of this new trading week and a downgrade to US government debt by rating agency Moody’s (last Friday) has seen a brief resurgence of the sell US assets trade, and while US stock indices recovered their initial losses into the close yesterday evening, the dollar has remained under pressure with EURUSD trading against a potential important technical level (more on this in the technical update below). This leads us to ask the question, was the low seen on May 12th at 1.1065 a final capitulation of weak longs, and could a new up trend be developing again? While further news flow on the topic of US government debt, including updates on progress through Congress of a Republican tax cut and spending bill, may continue to dominate the direction of EURUSD across the rest of the week, sentiment could also be impacted by Thursday's release of the May forward looking PMI surveys from the Eurozone (0900 BST) and US (1445 BST), which will provide traders with an insight into the current health of these two major economies. The current technical outlook may also be important. Technical Update: Focus on Fibonacci Retracements Interestingly, the sell-off into the May 12th low at 1.1065 did approach what might have been classed as a support level at 1.1056, marked by the 61.8% Fibonacci retracement of March 27th to April 21st price strength. As you can see from the chart below, it is the test of this price level that looks to have prompted the latest EURUSD recovery. Resistance Focus: Traders may well now be focusing on 1.1263, which is equal to the 38.2% Fibonacci retracement of the April 21st to May 12th 2025 price weakness, a level that was successful in holding, on a closing basis, yesterday’s attempt to push to higher price levels. That said, successful closing breaks above 1.1263 while no guarantee of further price strength, might leave some traders looking for an extension of the current upside move, with the next resistance potentially standing at 1.1381, which is the higher 61.8% Fibonacci retracement. Support Focus: What if 1.1263 Caps Further Gains? It is equally possible the 1.1263 Fibonacci retracement resistance can continue to hold, even turn price activity lower once more. With this in mind, we should perhaps monitor support at 1.1171, which is equal to half the latest recovery move. Closing breaks below this level might then lead to a more extended phase of price weakness towards the 1.1056 retracement support, possibly further if this in turn were to give way. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
by Pepperstone
Silver Wave Analysis – 20 May 2025 - Silver reversed from support level 31.70 - Likely to rise to resistance level 33.50 Silver recently reversed from the pivotal support level 31.70 (which stopped the previous minor wave a at the end of April, as can be seen from the daily Silver chart below). The support level 31.70 was further strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of the upward impulse 1 from April. Silver can be expected to rise to the next resistance level 33.50 (which stopped the previous minor impulse wave 1).
FX_IDC:XAGUSDLong
by FxProGlobal
Bitcoin (BTC) Market Update – May 19, 2025📅 Bitcoin (BTC) Market Update – May 19, 2025 BTC is trading at $105,488 with a slight +0.0115% 24h uptick. 📊 Technical Snapshot: • Price Range: $102,381 – $106,540 (Moderate volatility) • Support: GETTEX:97K – $98.5K | Resistance: $110K – $115K • Trend: Consolidation Phase – Awaiting breakout 🔗 On-Chain Highlights: • 87% of supply in profit = Potential for sell pressure • Accumulation increasing across wallet cohorts • Improved investor sentiment 🧭 Fundamentals to Watch: • Sharpe Ratio: 1.72 – High risk-adjusted returns • ETF inflows rising = Institutional demand • Macro Index flashing Buy signal 📈 BTC Price Outlook: • Short-Term: $100K – $110K • Mid-Term: $110K – $129K • Long-Term: $174K – $462K 🚀 ✅ Summary: Bitcoin remains range-bound but shows strength in accumulation and fundamentals. Keep an eye on $110K resistance for a possible breakout. #Bitcoin #BTC #CryptoAnalysis #SorooshX
BITSTAMP:BTCUSDShort
by sorooshx
1
AAVEUSD 1D ChartHello everyone, I invite you to review the current situation of AAVE in the USD pair. When we enter the one-day interval, we can see how the AAVE price will see a return above the main upward trend line, but here we can see that we are still below the formed downward trend line, which in the event of further increases may prove to be a strong resistance. Here we can see how the current rebound is fighting the resistance at $ 256, only when the level is positively tested, resistance will be still visible at the price of $ 290, this will be a strong resistance right next to the downward trend line, only a positive exit from the top and staying above this trend line can lead to movement towards resistance at $ 339. Looking the other way, we can see that when the trend reverses, we first have a support zone from $ 233 to $ 211, however, if this zone is broken, we can see a quick return of the price to the support area at $ 174. The Stoch RSI indicator shows that despite the current upward movement, there is still room for the upward movement to continue.
CRYPTO:AAVEUSD
by cryptodailyuk
AUD/USD Struggles at Resistance- Moment of Truth for the BullsAussie has held below resistance for nearly five-weeks now with multiple breakout attempts failing at the 52-week moving average. Weekly resistance now stands with the 2025 high-close / 50% retracement of the September decline at 6429/45 and is backed again by the yearly moving average, currently near ~6485. Critical resistance is eyed with the July close low / 61.8% retracement at 6511/50 and a breach / close above this threshold is needed to fuel the next leg of the advance towards the 2019 low at 6671. Weekly support rests with the 38.2% retracement of the yearly range / 2025 low-week close at 6286/91. Note that the median-line converges on this zone over the next few weeks and a weekly close below would be needed to suggest a more significant high is in place. Subsequent support seen at 6143/79- a region defined by the 61.8% retracement and the 2024/2022 swing lows. Bottom line : The Australian Dollar rally has been halted at resistance and the focus is on a breakout of this multi-week range just below. From a trading standpoint, losses would need to be limited to 6285 IF price is heading higher on this stretch with a close above the 52-week moving average needed to fuel the next leg of the advance. -MB
by FOREXcom
SOL Trade Blueprint: Waiting for the High-Conviction EntryAfter printing a SFP at the key high of $180.52 followed by a sharp -8% rejection, SOL made a second attempt to breach the major resistance zone between $180–$185 — but once again, bulls fell short. Since then, price has been in a corrective phase. So the big question is: where’s the next high-probability trade setup? Let’s zoom out and break it down. 📏 Zooming Out: Structure, FVG & Fib Confluence Back on May 8th, SOL broke through the April 25th swing high at $157 with strong momentum, leaving behind an untested Fair Value Gap (FVG) — a key displacement area that’s yet to be filled. When we draw the Fibonacci retracement from the low of that move to the current high, the 0.618 retracement lands precisely at $157.34 — right on the old breakout high. That’s a beautiful confluence. Timing-wise, if SOL pulls back to that level between May 21–22, the 0.75 Fib speed fan also kicks in — adding dynamic trendline support to the static Fib level. 📉 What About the $164 Golden Pocket? There's a golden pocket forming around $164 from a recent mini-impulse, and while it may look tempting, context matters. This pocket isn't supported by enough confluence — no major structure, volume shelf, or EMA alignment. For a quick scalp? Yes. But for a high-conviction swing? It's not ideal. Remember, in trading we're not here to chase every candle — we're here to wait for the setups that stack the most reasons to say yes. 📍 The Zone to Watch: $157 Now let’s talk about that $157 zone — and why it’s standing out as the highest-probability long setup: 0.618 Fib retracement of the major impulse Retest of the breakout swing high Untested Fair Value Gap (FVG) 233 EMA + 233 SMA on the 4H timeframe lining up as dynamic support 1.5 outer pitchfork support line crossing through 1:1 trend-based Fib extension confluence Prior area of interest This is what we call a “stacked setup.” The more layers of confluence, the more conviction we have in the trade. Add to that the potential for a liquidity sweep (SFP) just below the current low at $159.44 — and it becomes a zone worth watching closely. 🎯 Long Setup: Entry: $157–$159.44 (watch for SFP confirmation) Stop-Loss: Below $154 Target: $200 R:R: Approx. 1:12 — a setup worth being patient for 🧠 Educational Note: Why Confluence Is King High-probability trades don’t come from guessing. They come from stacking confluence: structure, Fibonacci, moving averages, time-based levels, pitchforks, VWAPs, volume profiles — the more that lines up, the less you need to hope and the more you can trust your edge. Think like a sniper, not a machine gun. The market rewards patience and precision — not noise and FOMO. 🔻 Short Setup (Alternative Play) While we’re primarily bullish, there’s a valid short opportunity at the psychological $200 mark — but only if price shows clear rejection and confirmation (e.g. SFP, bearish engulfing, high volume reversal). Entry: $200 rejection Stop-Loss: Above $205 Target: $185–$180 R:R: Approx. 1:3+ 🔥 Final Words: Trade With Purpose This is what trading is about — not chasing green candles, but waiting for structure, clarity, and alignment. Whether you’re trading long or short, focus on high-conviction setups backed by logic and levels, not emotion. Don’t trade for action. Trade for precision. The market will always reward the patient ones who are willing to wait for that clean entry, stacked with reasons to act. Trust the process, stay disciplined, and let the charts do the talking. 💪📈 ___________________________________ If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.
Long
by SiDec
43
Gold - Small rejection before $3400?Gold has been in a clear downtrend on the 4-hour timeframe, and during one of its recent declines, it left behind a 4-hour Fair Value Gap (FVG). Price is now climbing back toward this imbalance zone, suggesting that a critical test of resistance may be approaching. Bounce from strong support Just a few days ago, Gold found solid footing at a strong support area, which triggered a bounce. Since then, it has been pushing higher and is now nearing the 4-hour FVG. This zone represents a significant area of imbalance left unfilled during the prior selloff, and it's highly likely that price will react once it reaches this region. FVG and Golden Pocket Interestingly, this FVG aligns closely with the golden pocket, which lies between 3315 and 3325. While the golden pocket sits slightly above the midpoint of the FVG, there's a good chance Gold could tap into that area before showing signs of a pullback or rejection from the FVG itself. Target to the downside If price fails to break above this zone and reverses, the logical target to the downside would be the 3250 level. This area has acted as a key resistance in recent sessions, and if retested from above, it could serve as a strong support base for another potential leg higher. Target if we break above the FVG On the other hand, if Gold manages to break cleanly through the FVG with strong volume and momentum, the path could open toward a move up to the recent highs around 3430. In that scenario, the bullish continuation would likely require sustained buying interest and increased market participation to carry through. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
OANDA:XAUUSDShort
by Youriverse
20
Continue to try to short goldTechnical aspects: Gold has risen sharply in the short term and has broken through the short-term resistance area of ​​3250-3260. The structure of the pattern has been biased towards the bullish pattern, and the successful construction of the triple bottom pattern has strengthened the effectiveness of the structural support below. With the rise of the structural low point, the short-term support area below will first focus on the 3260-3250 area, followed by the 3230-3220 area; in addition, after a sharp rise in the short term, gold is facing the 3290-3300 short-term resistance area and the 3215-3225 short-term resistance area above. So I think that in order to grab liquidity, gold may have a need to retreat to the 3260-3250 area in the short term, so we might as well try to short gold in small quantities. Trading strategy: Consider continuing to try to short gold in small quantities at 3280-3290, TP: 3260-3250
OANDA:XAUUSDShort
by Steffen_Schade
Mask Network MASK price analysis🤖 Now "they" are trying to “restore” #MASK price after “someone accidentally let it go free.” After such a sharp drop in the price of OKX:MASKUSDT , probably 80% of long positions have been liquidated. Those who held this coin on the spot should watch carefully, as there may be a chance to sell it either at "zero" or at a profit! 🍿 Because, looking at the OKX:MASKUSD chart now, we can assume that “those” who are raising the price of #Mask now have announced a "hunt for shorts". This is, of course, our assumption, but the vendetta against those who shorted OKX:MASKUSDT in difficult times and drowned it in even more “blood” is close at hand. ✔️ $2.10 - $2.70 - $3.50 - $4 - these are the levels that the price of the #MaskNetwork token can reach when the “short squeeze” starts - a cascade of liquidations that accelerates growth. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
1
BTC - bearish div. much??4H timeframe All the short liquidity has been absorbed from the last 6 months at the current price range. Next zone up would be 113K - 118K range. In the interim the chart is indicating that a correction could be the next move for Bitcoin. Signs: - Overbought on daily TF - Liquidity absorbed - significant divergence on the 4H - starting to break the uptrend 98K would be the next price level down as previous resistance could flip into support. 0.5 fib @ 89K which would achieve a liquidity grab and fill a fair-value-gap.
CRYPTO:BTCUSDShort
by Strength_in_numbers
BTC - bearish div. much??4H timeframe All the short liquidity has been absorbed from the last 6 months at the current price range. Next zone up would be 113K - 118K range. In the interim the chart is indicating that a correction could be the next move for Bitcoin. Signs: - Overbought on daily TF - Liquidity absorbed - significant divergence on the 4H - starting the break the uptrend 98K would be the next price level down as previous resistance could flip into support. 0.5 fib @ 89K which would achieve a liquidity grab and fill a fair-value-gap.
CRYPTO:BTCUSDShort
by Strength_in_numbers
EURAUD - Expecting Bullish Continuation In The Short TermH1 - Strong bullish move. Higher highs on the moving averages of the MACD. No opposite signs. Expecting further continuation higher until the two Fibonacci support zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VladimirRibakov