NZDUSD Wave Analysis – 3 June 2025
- NZDUSD reversed from the resistance zone
- Likely to fall to support level 0.5900
NZDUSD currency pair recently reversed down from the resistance zone between the resistance level 0.6030 (which has been reversing the price from November), the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from September.
The downward reversal from this resistance zone stopped the C-wave of the previous ABC correction (2).
Given the strength of the resistance level of 0.6030 and the bearish divergence on the daily Stochastic, the NZDUSD currency pair can be expected to fall to the next support level of 0.5900.
M-oscillator
Why I Think USDJPY Will Sell...Technical AnalysisHey Rich Friends,
Happy Tuesday! I wanted to share my USDJPY analysis and why I think it will sell. This is only a technical analysis so please check the news and cross-reference your own charts. Here is what I am looking at:
- Momentum is picking up for the sellers with red candles forming on H4, H1 and M15.
- The stoch is facing down, both lines have crossed below 80, slow line (orange) is above the fast line (blue) which is a bearish confirmation for me.
Additional information:
- I will also wait to see if both lines of the stoch cross below 50 to confirm the down trend.
- I will be setting sell stops and using previous highs as my SL and previous lows as my TPs.
Good luck if you decide to take this trade, let me know how it goes.
Peace and Profits,
Cha
GBPJPY 1H Analysis – Bullish Breakout from Ending Diagonal + AO Pair: GBP/JPY
Timeframe: 1H
Structure: Wave 5 Ending Diagonal + Bullish Divergence on AO
Hi traders! Here’s an update on GBPJPY from the 1H chart.
After a strong bearish move, price formed a falling wedge (ending diagonal) pattern, indicating exhaustion in the downtrend. This pattern completed with a final Wave 5 that showed significant weakness — and here’s the key signal:
🔍 Bullish Divergence Spotted
While price made a new lower low (Wave 5), the Awesome Oscillator (AO) printed a higher low. This classic bullish divergence hints that bearish momentum is fading and a potential reversal is in play.
📈 Breakout Confirmation
Price has now broken above the wedge and the 1.0 Fibonacci level (~193.67), confirming the breakout and early bullish momentum. We’re currently seeing price pushing up with strong momentum candles.
🎯 Potential Targets Based on Fibonacci Extensions:
• 1.618 – 194.60 (first resistance / TP1)
• 2.618 – 195.35 (TP2)
• 4.236 – 196.45 (extended TP3 if trend continues)
🛑 Key Support:
• 193.00 zone – ideally price should stay above this level to maintain bullish bias.
🧠 Summary:
• Falling wedge (ending diagonal) completed as Wave 5
• AO bullish divergence signals weakening sell pressure
• Breakout confirmed above 193.70
• Watching for continuation toward 194.60 and 195.30+
📌 I’ll be watching for a potential pullback above 193.70 for a high-probability reentry opportunity. Always manage your risk and trade what you see.
Let me know your thoughts in the comments below! 📥
#GBPJPY #ForexAnalysis #PriceAction #ElliottWave #AO #Breakout #Fibonacci #TechnicalAnalysis #Wave5
The return of the ICO. AI Style?Virtuals Genesis Launches is one of the most interesting things I have seen in a long time. The Virgen points system is really well done. Allowing projects to both raise the starting capital they want as well as getting a lot of smaller holders that can be early users/promoters. All the attention Virtuals got previously was from the Prototype Agents setup. That setup is honestly kind of garbage. My goal is to farm points and get small exposure to a lot of AI start-up ideas. Many of these will fail but a lot of them are really trying to build something interesting. Unlike IPO's it allows small investors to back projects early. Typically the range seems to be 0.01 to 566 Virtual. That's roughly 2 cents to $1132.
Found support above 34 EMA around $1.80.
MACD is trending down on the daily chart now.
RSI is heading down.
STOCH RSI is also not showing anything bullish currently.
Though I am holding spot Virtuals, there is a lot of evidence to show price could go down here. There is currently not a lot of great news for bulls.
Disclaimer: The information provided in this post is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. All investments involve risk, and the past performance of a security, market, or trading strategy does not guarantee future results. I am not a financial advisor. Please conduct your own thorough research and consult with a qualified financial professional before making any investment decisions. You are solely responsible for any investment decisions you make.
Cookie the AI alpha seeker.Cookie is a very interesting application. Like Coingecko for AI Crypto projects. I am seeing other platforms build their insights into their websites. A change in regulatory environment has allowed AI projects to come out in a way that has not been seen since ICO era. What has changed is it become viable to publicly fund projects again without fear of regulators. As regulatory bodies in the US like the SEC, seen as hostile to crypto last year are now much more friendly. At #382 on CoinGecko this project is still relatively small. People who want to find and buy AI projects definitely want Cookie as a data source.
The chart is beautiful for Long positions. You have very clean trend of higher highs and higher lows. While riding on the moving averages. I am using 8 SMA, 21 EMA, 34 EMA, 50 SMA, and 200 SMA. With a previous price low around 15 cents, the price needs to remain above that level.
MACD is moving up consistently with the price action. I am not seeing anything concerning here. As I am interested in day and week trends not intraday trades.
With a previous high of 78, there is still a lot of room to work with.
Looks like this could be just the start of this move.
Disclaimer: The information provided in this post is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. All investments involve risk, and the past performance of a security, market, or trading strategy does not guarantee future results. I am not a financial advisor. Please conduct your own thorough research and consult with a qualified financial professional before making any investment decisions. You are solely responsible for any investment decisions you make.
RAY the end or just the start?To first look at Ray we can start with RAYUSDT and move to RAYSOL and RAY BTC.
RAY is not sitting below all of the moving averages. Not an ideal position.
So far MACD cross down does not mean much as the week has not ended yet. Ideally to stay bullish it need to end the week not crossed down.
Stoch RSI cross down
Below 0.015 there is elevated risk that RAYSOL puts in a lower local low.
RAYBTC also not looking great.
With these charts it's pretty hard to make the case why I am long RAY. Let's try some long term fundamentals and see if that is a better picture.
Ray is all about the saying own the shovels. As an exchange the better Solana does the better Ray likely does. It's a widely known DEX it's weaknesses are Solana not getting trade volumes again. Competitors where other DEX are better. Also DEX aggregators have risks the volume does not get sent to Ray.
Disclaimer: The information provided in this post is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. All investments involve risk, and the past performance of a security, market, or trading strategy does not guarantee future results. I am not a financial advisor. Please conduct your own thorough research and consult with a qualified financial professional before making any investment decisions. You are solely responsible for any investment decisions you make.
Bearish Iron Ore Bias Intact, Watching $94.75SGX iron ore looks heavy, threatening to extend the bearish break that began a week ago. The test and rejection at horizontal resistance at $97.35 last Thursday only adds to the bearish picture from momentum indicators like RSI (14) and MACD, reinforcing the bias to sell pops and downside breaks.
The price now finds itself at an interesting spot on the charts, sitting just above $94.75 after briefly dipping below it during thin overnight trade on Monday. While the bias remains lower, subdued volumes on either side of the weekend serve as a warning not to get overly bearish without a clear catalyst.
If the price can take out the overnight low and hold below $94.75, consider initiating shorts beneath the level with a stop above, targeting a potential retest of the April 9 low at $91.75.
Alternatively, if $94.75 continues to attract buyers, the setup could be flipped with longs established above the level with a stop beneath for protection. Downtrend resistance kicks in around $97, just above resistance at $97.35. They’re two potential targets.
Good luck!
DS
Gold Bulls Back in Control After BreakoutHaving broken triangle resistance stemming from the record highs and cleared horizontal resistance at $3367, things are once again looking bullish for bullion. Add in renewed upward momentum in RSI (14) and a bullish MACD crossover, and the preference remains to buy dips and topside breaks.
$3367 now looms as a key level to build bullish setups around, offering a logical area to establish longs with a stop beneath for protection. It would be preferable to see gold retest and bounce off $3367 before entering the trade.
$3434 screens as an initial upside target, with a clean break likely to put gold on a collision course with the record highs at $3500.
Good luck!
DS
Will Solana continue to grow?I am definitely admittedly late to the party with Solana. Though I was very correct about the ride down to $8 and did not own any Solana for that. I was also wrong about The Return of Solana.
During the ride down from ~$300 to ~$100 I was able to get some Solana. Though most of it is liquid staked Solana now.
As seen in the image I think currently what makes the most sense is this being a pullback of the last rally in Solana.
I think focusing on daily Stoch RSI is more interesting currently then MACD and RSI. Looking to stay above 0.382 FIB above while also seeing Stoch RSI move up. If either of those fail then my current thinking must be reconsidered. As I am looking at typically weekly/daily spot moves the risks are different then people using leverage. Even if I use really small amounts of leverage to get 1.01, 1.10, etc. returns but not 10x leverage as an example.
Pros
Solana is seeing a lot of use
VC investors are likely try and push Solana to their peers, friends, etc.
Drift seems to have more feature as a DEX then most of what I have seen on Ethereum and ETH L2's. Especially spot Pro Orders is really interesting feature that I don't see anywhere else.
Solscan was total garbage previously but it seems better then Etherscan now. Like the kept adding feature and Etherscan did not change much. Look at Analytics and Portfolio tabs.
Raydium is another interesting DEX. Portfolio page has nice UI.
Focus on working products rather then design theory and posturing about ideal world setup.
If retail feels like they missed out on Bitcoin buying Solana seems like a likely path.
Cons
Pump fun was a lot of the network activity
Not seeing enough content on using Solana Apps
Does not have the same decentralization and other crypto principles built into the community that Ethereum has. While short term it's a pro long term if your not careful where your going you can end up where you don't want to be.
Not financial advice. DYOR.
HA-RSI + Stochastic Ribbon: The Hidden Gem for Trend & MomentumNavigating volatile markets requires more than just raw price action. The Heikin Ashi RSI Oscillator blends the power of smoothed candlesticks with momentum insights to give traders a clearer picture of trend strength and reversals.
At Xuantify , we use the Heikin Ashi RSI Oscillator as a hybrid momentum and trend tool. While the indicator calculations are based on Heikin Ashi values to smooth out noise and better capture trend dynamics, the chart itself displays standard candlesticks (real price data) . This ensures that all signals are aligned with actual market structure, making it easier to execute trades with confidence and clarity.
This dual-layer approach gives us the best of both worlds: clarity from smoothing and precision from real price action. MEXC:SOLUSDT.P
🧠 How We Use It at Xuantify
At Xuantify , we integrate the Heikin Ashi RSI Oscillator into our multi-layered strategy framework. It acts as a trend confirmation filter and a momentum divergence detector , helping us avoid false breakouts and time entries with greater precision. We pair it with volume and volatility metrics to validate signals and reduce noise. Note the Stochastic Ribbon Overlay as shown in the chart, very accurate for momentum.
⭐ Key Features
Heikin Ashi Smoothing : Filters out market noise for clearer trend visualization.
RSI-Based Oscillation : Measures momentum shifts with precision.
Color-Coded Bars : Instantly identify bullish/bearish momentum.
Dynamic Signal Zones : Customizable overbought/oversold thresholds.
Stochastic Ribbon Overlay : A powerful multi-line stochastic system that enhances momentum analysis and trend continuation signals.
💡 Benefits Compared to Other Indicators
Less Whipsaw : Heikin Ashi smoothing reduces false signals common in traditional RSI.
Dual Insight : Combines trend and momentum in one visual.
Better Divergence Detection : Easier to spot hidden and regular divergences.
Visual Simplicity : Clean, intuitive design for faster decision-making.
⚙️ Settings That Matter
RSI Length : Default is 14, but we often test 10 or 21 for different timeframes.
Smoothing Type : EMA vs. SMA – EMA reacts faster, SMA is smoother.
Overbought/Oversold Levels : 70/30 is standard, but 80/20 can reduce noise in trending markets.
📊 Enhancing Signal Accuracy
Combine with Volume Oscillators to confirm momentum strength.
Use Price Action Zones to validate oscillator signals.
Look for Divergences between price and oscillator for early reversal clues.
🧩 Best Combinations with This Indicator
MACD : For cross-confirmation of momentum shifts.
Bollinger Bands : To identify volatility squeezes and breakouts.
Support/Resistance Levels : For contextual trade entries and exits.
⚠️ What to Watch Out For
Lag in Strong Trends : Like all smoothed indicators, it may react slightly late.
Over-Optimization : Avoid curve-fitting settings to past data.
Standalone Use : Best used in conjunction with other tools, not in isolation.
🚀 Final Thoughts
The Heikin Ashi RSI Oscillator is a powerful hybrid tool that simplifies complex market behavior into actionable insights. At Xuantify, it’s a core part of our strategy toolkit, helping us stay ahead of the curve with clarity and confidence.
🔔 Follow us for more educational insights and strategy breakdowns!
We regularly share deep dives into indicators, trading psychology, and backtested strategies. Stay tuned and level up your trading game with us!
SMI vs. Stochastic: Which One Gives You the Edge?Momentum indicators are essential tools in every trader’s arsenal—but not all are created equal. While the Stochastic Oscillator has been a go-to for decades, the Stochastic Momentum Index (SMI) offers a more refined and reliable way to read market momentum.
In this post, we’ll break down the key differences between these two indicators, how we use them at Xuantify , and why the SMI might just give you the edge you’ve been looking for.
🧠 How We Use It at Xuantify
We’re always looking for tools that offer greater precision and less noise . While the Stochastic Oscillator is one of the most commonly used tools for spotting overbought and oversold conditions, the Stochastic Momentum Index (SMI) gives us a clearer, smoother view of momentum —especially in volatile or choppy markets.
We use the SMI to refine our entries and exits , particularly when trading breakouts or reversals. MEXC:ETHUSDT.P
⭐ Key Features
Stochastic Oscillator : Measures the closing price relative to the high-low range. Simple and responsive. Great for spotting short-term reversals.
Stochastic Momentum Index (SMI) : Measures the distance of the current close from the midpoint of the high-low range. Smoother and more centered around zero. Better at filtering out false signals.
💡 Benefits Compared to Other Indicators
Stochastic Oscillator vs. SMI:
Signal Smoothness: Moderate vs. High
Noise Filtering: Low vs. Excellent
Centered Oscillation: No vs. Yes (around 0)
Best Use Case: Range-bound markets vs. Trend shifts & momentum confirmation
False Signal Risk: Higher vs. Lower
The SMI is especially useful when you want to avoid whipsaws and get a more reliable read on momentum .
⚙️ Settings That Matter
Stochastic Oscillator : %K = 14, %D = 3
SMI : Length = 14, Signal Smoothing = 3, Double Smoothing = 3
You can adjust the SMI smoothing values to match the volatility of the asset— lower smoothing for fast markets , higher for slower ones.
📊 Enhancing Signal Accuracy
Enhance SMI signals by combining them with:
Trend filters like EMAs or Supertrend
Volume confirmation
Support/resistance zones
Divergence spotting for early trend reversals
This layered approach helps us avoid false positives and stay aligned with the broader trend .
🧩 Best Combinations with This Indicator
SMI + EMA Crossovers: Confirm momentum with trend direction
SMI + RSI Divergence: Spot early reversals with confluence
SMI + Volume Profile: Validate momentum near key price levels
⚠️ What to Watch Out For
Lag in fast markets: SMI’s smoothing can delay signals slightly
Over-optimization: Avoid excessive tweaking of parameters
Not ideal alone: Best used with confluence tools for confirmation
🚀 Final Thoughts
The Stochastic Oscillator is a classic for a reason—but the Stochastic Momentum Index is a refined evolution . We’ve found that SMI gives us cleaner signals , better momentum clarity , and fewer false alarms —especially when paired with smart filters.
If you're looking to upgrade your momentum toolkit , the SMI might just be your edge.
🔔 Follow us for more educational insights and strategy breakdowns!
We break down indicators, strategies, and market psychology to help you trade smarter—not harder.
NATGATE - Attractive RISK REWARD RATIO ?NATGATE - CURRENT PRICE : RM1.57
On 08 MAY 2025, the stock made a small gap up and closed higher at RM1.58 - with high trading volume. From there the share price rises few days and touched intraday high at RM1.81 on 15 MAY 2025.
Then the stock retrace and now it bounced from the small gap zone. The small gap zone may acts as strong support level. At the same time, there is also EMA-50 support. STOCHASTIC OSCILLATOR shows an oversold situation (which indicates rebound may happens in near term) while RSI is still above 50 (BULLISH).
At current moment this trade gives an attractive RISK REWARD RATIO. My entry price will be RM1.55 - RM1.58.
For target price, there are two strong resistance.
1. EMA 200
2. The high of LONG BLACK CANDLESTICK (03 MARCH 2025 candle)
One of my trading technique is I would take profit one or two bids below the actual RESISTANCE LEVEL. As such, my 1st target for NATGATE will be RM1.73 (below EMA 200) and 2nd target is RM1.85 (below actual RESISTANCE RM1.87 - The high of 30 MARCH 2025 long black candlestick).
ENTRY PRICE : RM1.55 - RM1.58
TARGET PRICE : RM1.73 and RM1.85
SUPPORT : RM1.50
Notes : Please be aware also that the company is going to announce its QUARTER EARNINGS approximately end of month.
Monero Wave Analysis – 30 May 2025- Monero reversed from round resistance level 400.00
- Likely to fall to support level 300.00
Monero recently reversed down from the powerful round resistance level 400.00, standing far above the upper daily Bollinger Band.
The price will form the weekly Japanese candlesticks reversal pattern Bearish Engulfing if it closes this week near the current levels – strong sell signal for Monero.
Given overbought reading on both weekly RSI and Stochastic, Monero can be expected to fall to the next round support level 300.00.
Microsoft Wave Analysis – 29 May 2025
- Microsoft reversed from resistance zone
- Likely to fall to support level 447.00
Microsoft recently reversed down from the resistance zone located between the resistance levels 465.00 (which stopped the weekly uptrend in 2024) and 455.00 (top of wave (B) from the end of 2024).
This resistance zone was further strengthened by the upper weekly and daily Bollinger Bands.
Given the strength of the aforementioned resistance zone and the overbought daily Stochastic, Microsoft can be expected to fall to the next support level 447.00.
FTSE 100 Wave Analysis – 28 May 2025
- FTSE 100 index reversed from key resistance level 8800.00
- Likely to fall to support level 8650,00
The FTSE 100 index recently reversed from the key resistance level 8800.00 (which has been steadily reversing the index from the start of February).
The resistance area near the resistance level 8800.00 was strengthened by the upper daily Bollinger Band.
Given the overbought daily Stochastic, FTSE 100 index can be expected to fall to the next support level 8650,00 (former top of wave (1) from the start of May).
WATCH OUT FOR VERITASKAPFrom around 0.83, VERITASKAP created an all-time high of around 1.81. This happened between August 2024 and September 2024. Then, price dropped into the discount level where is currently. The current price action shows that price is in a discount level, at a demand zone and within a falling wedge.
From a chart pattern perspective, falling wedge can be seen on the chart and a break out of the downtrend and resistance level around 1.06 with a bullish candle closing above these levels will serve as a strong indication that the stock is ready to rally up as much as the all-time high.
From a technical indicator perspective, awesome oscillator is below 0, showing that the stock is oversold. In addition, there is a bullish indication on the awesome oscillator as shown by its colour and upward movement. This is pointing to the fact that the value of the awesome oscillator is moving towards 0 and can cross over it which can be a good indication for a rise in price as well.
From a smart money concept perspective, a break of the last high (around 1.27) that led to the last bearish internal break of structure will as serve as indication of a bullish trend. Hence, the target will the all-time high.
Either way, the stock has a good potential. An aggressive trader or investor may buy at the current market price. While a conservative trader or investor may wait for a breakout.
Watch out for the confluences indicating potential rise in price so as to not miss out on the benefit.