AUS200 H4 | Potential bullish bounceAUS200 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 8,194.52 which is a pullback support.
Stop loss is at 8,165.00 which is a level that lies underneath a multi-swing-low support and the 78.6% Fibonacci retracement level.
Take profit is at 8,274.87 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Indices
Dow Jones Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring US30 for a buying opportunity around 41900 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 41900 support and resistance area.
Trade safe, Joe.
NAS100USD / TRADING SUPPLY ZONE / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Current Situation , Prices are in a supply zone, stabilizing between 20,418 and 20,522. This suggests a consolidation phase, where prices may move sideways as buyers and sellers are in balance.
Potential Decline , A possible decline could reach the demand line at 20,146. This level could act as a support, as buyers may step in if prices drop here.
The analysis indicates an overall bullish pressure, as long as prices remain above the demand line. A bounce here could signal buyers gaining strength, potentially pushing prices up toward the supply line at 20,820.
If the demand line at 20,146 breaks, further declines are anticipated, possibly bringing prices to a lower demand zone between 19,963 and 19,735. This scenario would suggest that bearish momentum is taking over.
S&P500: Next bullish wave is underway.S&P500 just turned bullish on its 1D technical outlook (RSI = 57.557, MACD = 35.840, ADX = 41.016) as the price made a rebound last Wednesday on the 4H MA100, right at the bottom of 6 week Channel Up. The 4H MA100 is the level where the last HL was also priced (October 2nd). Morever the 4H RSI hit and rebounded on the S1 Zone. Regarding the bullish waves, both previous ones have recorded at least a +3.50% rise. This is our expectation once more and we are aiming for slightly under it (TP = 5,950).
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DreamAnalysis | Dow Jones Analysis Key Levels to Watch!✨ Today’s Focus: Dow Jones (US30) – A Key Market Mover
Today, we’re diving into the latest Dow Jones price action, pinpointing critical levels to identify potential trends and strategic trade opportunities.
📊 Market Snapshot:
The price is currently oscillating within the previous week’s range. After capturing some crucial buy-side liquidity, such as the Previous Month’s High (PMH), there’s been a strong shift to the sell side.
🔴 Short- vs. Long-Term Outlook:
We’ll break down scenarios for both bullish and bearish setups, providing insights for day traders on how to approach short-term and long-term trends.
🗣 Short-Term Outlook:
In the short term, a potential retracement higher could take out some Buy-Side Liquidity or hit the midpoint (50%) of the range. Following this, the price may continue downward toward sell-side targets, with the Weekly Imbalance as a significant level to watch.
🗣 Long-Term Outlook:
Our long-term perspective remains bearish until the price reaches the Weekly Imbalance at the 50% range mark. From there, we’ll need to observe how the market reacts to assess if further declines are likely.
🕓 Key Levels to Watch:
These levels are likely to shape price movement:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
- Weekly FVG: Fair Value Gap (Imbalance Zone)
Fair Value Gaps (FVGs) are crucial zones for potential retracement, setting up the next directional move.
📈 Bullish Scenario:
For a bullish setup, monitor lower timeframes (LTF) for a sweep of Low-Resistance Sell-Side Liquidity. Look for entry models targeting higher levels, including a move toward the All-Time High (ATH).
📉 Bearish Scenario:
For bearish opportunities, use lower timeframes like the 15-minute chart. Seek short entry signals within the 4-Hour Imbalance, or wait for a breakdown of Low-Resistance Buy-Side Liquidity for added confirmation.
📝 Final Thoughts:
Stay flexible as market dynamics shift. Monitor these key levels and setups to fine-tune your strategy and capitalize on high-probability trades.
🔮 Coming Up:
We’re also tracking NASDAQ, DXY, EUR/USD, and other major markets, with timely insights as trends evolve.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
SPX500 H4 | Falling to 38.2% Fibonacci supportSPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 5,807.01 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 5,760.00 which is a level that lies underneath an overlap support and the 23.6% and 61.8% Fibonacci retracement levels.
Take profit is at 5,881.22 which is a swing-high resistance close to the all-time high.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Could US30 drop from here?The price is rising towards the resistance level which is an overlap resistance that lines up with the 23.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 42,413.14
Why we like it:
There is an overlap resistance level that aligns with the 23.6% Fibonacci retracement.
Stop loss: 42,768.22
Why we like it:
There is a pullback resistance level.
Take profit: 41,939.71
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
S&P 500 Daily Chart Analysis For Week of Oct 25, 2024Technical Analysis and Outlook:
During this week's trading session, the S&P 500 index exhibited notable weakness by falling below the Mean Support level of 5818 and subsequently establishing a new Mean Support at 5798. This development will likely prompt a decline toward the Inner Index Dip at 5733, with a potential extension to Mean Support at 5700. This support level is critical for enabling a primary recovery and advancing into the next phase of the bullish trend. Furthermore, it is essential to recognize that achieving levels of 5833 and 5700 may result in a rapid upward price reaction.
NAS100USD / UNDER EARNING Q3 / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Current Upward Momentum , The NAS100USD is moving upwards, likely driven by positive sentiment or market reaction to Q3 earnings. It indicates that buyers currently dominate the market, pushing prices higher.
Supply Zone (20,418 - 20,522) , This is a potential resistance area. If prices reach this zone, they may face selling pressure. If sellers overpower buyers, it could lead to a downward movement from this level.
Demand Zone (19,963 - 19,753) , If prices begin to decline from the supply zone, this demand zone serves as a support area. Here, buyers might step in, leading to a potential bounce or stabilization. This level might offer a good entry for long positions if the overall trend remains bullish.
Breaking the Supply Zone , If NAS100USD breaks above 20,522, it would signal a continuation of the upward trend, targeting the next supply level around 20,820. This would indicate strong buying pressure and positive momentum, likely driven by sustained optimism or robust earnings.
Potential bullish rise?DJ30 is reacting off the support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 42,451.35
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 42,118.34
Why we like it:
There is a pullback support level that is slightly below the 78.6% Fibonacci retracement.
Take profit: 42,790.14
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Average Range Levels + OHLC Statistical Mapping Short SetupMy bias for today was bearish.
My Bearish Model:
Entry: -Manipulation
Stop-Loss: 1/3ADR+
Take-Profit: -Distribution
If you have any questions and eventually wanna learn more about the tool and have chance to receive a discount code. Shoot me a dm.
Nasdaq - This Is Just The Beginning!Nasdaq ( TVC:NDQ ) is starting the next parabolic rally:
Click chart above to see the detailed analysis👆🏻
Although the Nasdaq is about to create a new all time high, this is just the beginning of the next major higher timeframe bullrun. The Nasdaq just broke above the channel resistance and is now heading for a +30% move. It feels absolutely counterintuitive - welcome to the stock market.
Levels to watch: $20.000, $26.000, $16.000
Keep your long term vision,
Philip (BasicTrading)
ASX200 H4 | Potential bullish bounceASX200 (AUS200) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 8,180.49 which is a pullback support that aligns with the 78.6% Fibonacci retracement level.
Stop loss is at 8,130.00 which is a level that lies underneath a pullback support.
Take profit is at 8,282.88 which is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
SPY showing bulls returning. next target at 588 soon!strong cumulative volume delta signals buyers remain in control after this selloff. all these sell orders getting heavily bought up. I'm looking for continuation higher into end of Oct to 588 target.
After that, I'll be vigilant for another pullback to 578 zone before we go higher to 591 and onward to 605 primary weekly cycle target
NAS100USD / TRADING ABOVE DEMAND ZONE / 1H NAS100USD / 1H TIME FRAME
HELLO TRADERS
Prices Declined to Target ,As mentioned that the prices have already declined and reached a previously set target. This likely indicates that the price moved lower to a level anticipated by prior analysis.
Trading Above Demand Zone , Prices are currently above a “demand zone,” which is an area where buying interest is expected to be strong enough to support the price from declining further. Being above this zone indicates some stability and that the asset is holding its ground.
Stabilizing Above the Demand Zone , If prices stabilize above this zone, it could suggest an upward trend. This signals that the demand is strong enough to prevent further decline, encouraging buyers.
Targeting Supply Zone , The text suggests that if prices continue to remain above the demand zone, they may increase to reach the supply zone between 20,361 and 20,405. A supply zone is an area where selling pressure might start, potentially capping price gains. This range is likely a price target where sellers might step in.
Risk of Breaking the Demand Zone , If prices break below the demand zone, a decline could occur, with the next demand zone between 20,084 and 20,041 being the likely target. This suggests that the asset could continue its downtrend if buyers fail to defend the current demand zone.
Confirmation of Downtrend , The downtrend would be confirmed if the price breaks through the lower demand zone, meaning the asset could continue to fall if it fails to find support at these levels.
NAS100USD / AFTER EARNING Q3 / 1HNAS100USD / 1H TIME FRAME
HELLO TRADERS
After the Q3 earnings report was released, prices showed volatility (declines and increases), suggesting market uncertainty or instability.
Current Price Level , Prices are currently below the supply line at 20,382, indicating downward pressure.
Downside Projection , If the decline continues, the price may reach the demand zone between 20,184 and 20,138. If it falls further, the next target range is between 20,084 and 20,041.
Upside Potential , If prices break above the supply line (20,382), the analysis suggests that prices could rise toward a supply zone between 20,460 and 20,523.
Range and Time Frame , The price movement is taking place within the range of 20,041 to 20,523 on a 1-hour time frame, which means this analysis is for short-term trading.
Supply Zone : 20,460 and 20,523.
Demand Zone : 20,184 and 20,138 , 20,084 and 20,041.
Falling towards 50% Fibonacci support?DJ30 is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 42,601.36
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Stop loss: 42,438.90
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 43,005.50
Why we like it:
There is an overlap resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
XAUUSD / UNDER UPWARD PRESSURE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Trend , The price of gold continues to rise and is approaching $2,750. Despite reaching the initial target, prices are still under upward pressure.
the price is attempting to break through the $2,750 level, which represents the next significant resistance. If prices remain below $2,750, a decline is expected.
If the price declines, it is likely to reach $2,730, with a further potential drop to the demand zone between $2,724 and $2,701.
Breakout Potential , A break above $2,750 could signal further increases in price.
Historical Context , The recent breakout above the previous all-time high (ATH) of $2,685 on September 26, 2024, has driven the current upward momentum, with the market now aiming for a new ATH at $2,750.
Overall Conclusion , Gold prices are in an upward trend, with critical resistance at $2,750. A failure to break this level could lead to a pullback, but breaking through may trigger further gains.
Demand Zone : $2,724 and $2,701.
Demand Line : $2,730.
DJIA H4 | Potential bullish reversalDJIA (US30) is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 42,779.36 which is a swing-low support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 42,320.30 which is a level that lies underneath an overlap support and the 23.6% and 61.8% Fibonacci retracement levels.
Take profit is at 43,369.56 which is a swing-high resistance at the all-time high.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
US2000 H4 | Falling to pullback supportUS2000 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 2,217.05 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 2,156.00 which is a level that lies underneath a multi-swing-low support.
Take profit is at 2,291.90 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
NASDAQ Is Approaching A Decent SupportHey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 20230 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 20230 support and resistance area.
Trade safe, Joe.
DreamAnalysis | NASDAQ's Next Move Key Levels and Market Outlook✨ Today’s Focus: NASDAQ (US100) – A Market Mover
We delve into the latest price movements and analyze key market levels to uncover potential trends.
📊 Current Market Overview:
Currently, the price is consolidating within the 4-Hour Imbalance zone, formed after breaching the Previous Month High and retracing lower. Additionally, Smart Money Technique (SMT) is evident at highs, correlating with ES (SPX500).
🔴 What to Expect: Short-Term vs Long-Term Scenarios
Explore potential outcomes for both short-term and long-term perspectives, outlining bullish and bearish possibilities for day trading.
🗣 Short-Term Outlook:
In the short term, expect the price to consolidate around the Imbalance and SMT levels, potentially targeting the Previous Week Low (PWL) as a liquidity draw.
🗣 Long-Term Outlook:
Long-term projections suggest a possible retest of the Previous Week High (PWH) followed by a decline towards the Equilibrium (50% level) of the current monthly range.
🕓 Key Levels to Watch:
These critical levels could significantly influence price action:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
- Daily FVG: Fair Value Gap (Imbalance zone)
These levels denote potential areas for liquidity absorption or market rebalancing. Fair Value Gaps (FVGs) represent zones where price retracement may occur before resuming its trend.
📈 Bullish Scenario:
Currently, a bullish stance is not anticipated. However, on lower time frames, identifying Low Resistance Sell Side Liquidity (LSSL) could precede targeting higher levels such as the Previous Week High.
📉 Bearish Scenario:
The bearish scenario aligns with the short-term outlook. Currently bearish, lower time frame analysis can refine entry models and points for enhanced trading confluence.
📝 Conclusion:
Remain adaptable as market conditions evolve. Vigilantly monitor these critical levels and setups to refine your strategy and identify high-probability trade opportunities.
🔮 Looking Ahead:
Stay tuned as we track NASDAQ, DXY, EUR/USD, and other major markets. Timely insights will follow as trends develop.
⚠️ Disclaimer:
This analysis serves educational purposes only and not as financial advice. Always conduct thorough research and consult a licensed financial advisor before making investment decisions.