$SPX Analysis, Key Levels & Targets for Day TradersAll right today is the day after FOMC and some big earnings and because we had big earnings yesterday we have a pretty wide trading range today so just because we are options are we could have a more volatile day
The expected move on today’s contract is between 5980 and 6095. We did close underneath 35EMA and we have a red signal line.
If we get about the 35 EMA today which future so far are taking us above, we do have a down gap from yesterday and then a down gap from Monday that we haven’t completely filled yet. We also have an up gap from last Wednesday and they do overlap. It’s a little bit hard to see but right around 6075 is the overlap .
To the downside, we have the 50 day moving average so far that has been our support this week. You could see on Monday. We did see that balance and underneath that the 30 minute two and removing average and the one hour 200 moving average those levels have been supporting us With some nice technical bounces
Community ideas
BTC/USDT 1H: Bulls Gearing Up for $108.5K After Key Breakout!!BTC/USDT 1H Chart Analysis
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Current Market Structure:
Bullish momentum developing after recent consolidation at 104.2K.
RSI: 58, indicating room for further upside without overbought conditions.
Breakout Confirmation: Previous resistance broken with strong volume.
Smart Money Activity:
Liquidity Hunt Completed: Market makers swept 102K level before reversal.
Accumulation Phase Evident: Smart money positioning for markup phase.
Institutional Buying Pressure: Clear demand visible in price action.
Key Levels:
Entry Zone: 104.2K - 104.5K
Targets:
T1: 106.2K
T2: 108.5K
Stop Loss: Below 102.8K
Risk Score:
7/10 (Moderate risk, favorable risk/reward setup).
Market Maker Intent:
Accumulation nearly complete, setting up for a liquidity move.
No significant bearish divergences present on RSI.
Break above 106.2K would confirm bullish continuation.
Recommendation:
Long positions favorable within 104.2K - 104.5K range.
Monitor volume confirmation for breakout strength.
Maintain tight stops below 102.8K for risk management.
Confidence Level: 8/10 for bullish continuation.
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AUD/JPY At a Breaking Point – Big Move Loading!AUD/JPY is sitting at a crucial level right now. We're seeing a descending triangle pattern forming, with price getting squeezed between lower highs and key support around the 200 EMA (94.64).
A breakdown below this level could trigger a sharp drop, with targets around 90 and possibly 85-87 in the coming weeks. The bearish momentum is building, and today's red candle isn't looking too promising for bulls.
On the flip side, if buyers step in and push it back above 97.50, we might see a recovery towards the 100 level. But for now, the bias leans bearish unless we get a strong reversal signal.
Keep an eye on that 94 level – a breakdown could mean more downside ahead. 🔻
wave X of WXY has completed at 2800.00 SELL nowso gold made its new ATH and completed its wave X from WXY in 4 correction which is running one so if u google running correction wave,u will understand what im talking about...i extremely believe that this uptrend wave is not a motive wave and has 3 structure which indicate that its a correction one...so i will short it again at 2798.00 and 2810.00 price wid sl 2830.0 usd and tp 2600.00 and lower
MKR ANALYSIS (2D)Before anything, pay attention to the timeframe. This is a 2-day timeframe, so it will take time.
From the point where we placed the red arrow on the chart, it seems that MKR's correction has begun.
It now appears to be in wave C. Buy/long positions can be considered in the green zone.
The target could be the red box.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
WIF USDT🚀 #WIF
SEED_WANDERIN_JIMZIP900:WIF confirms a strong support bounce from a key historical level and is now forming a bullish reversal setup on the weekly chart 💁♂️
A continued bullish trend from here could push the price towards:
🎯 T1: $2.147
🎯 T2: $3.714
🎯 T3: $4.989
🔥 Triple bottom formation + descending wedge breakout = massive upside potential!
Bearish drop off 38.2% Fibonacci resistance?EUR/CAD is rising towards the pivot which has been identified as a pullback resistance and could drop to the overlap support.
Pivot: 1.50485
1st Support: 1.49224
1st Resistance: 1.51355
Risk Warning:
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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.
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Wandering DAX Butterfly In the SkyThe German stock index is inching closer to the 21800 euro level, hovering around the golden Fibonacci ratio without much hope for the future.
It seems like it's in need of a deep rest due to the lack of clear financial and political policies.
Time to kick back and relax, stock index!
SEYED.
$EUNITR - Europe Interest Rates $EUNITR
(January/2025)
source: European Central Bank
- The European Central Bank lowered its key interest rates by 25 bps in January 2025, as expected, reducing the deposit facility rate to 2.75%, the main refinancing rate to 2.90%, and the marginal lending rate to 3.15%.
This move reflects the ECB’s updated inflation outlook, with price pressures easing in line with projections.
While domestic inflation remains elevated due to delayed wage and price adjustments, wage growth is moderating, and corporate profits are absorbing some inflationary effects.
Despite persistent tight financing conditions, the rate cut is expected to gradually ease borrowing costs for firms and households.
The ECB remains data-driven and has not committed to a predetermined rate path, emphasizing a cautious approach to ensuring inflation stabilizes at its 2% target.
Gold Rises on Tariff Concerns & GDP Impact: Key Levels & TrendSafe-Haven Gold Rises Amid Trump Tariff Concerns
Gold prices climbed on Thursday as investors sought safety amid concerns over potential U.S. import tariffs under President Donald Trump. Additionally, market participants are closely watching a key inflation report to assess the Federal Reserve's future policy direction.
Gold Technical Analysis
Gold has followed our forecast precisely, reaching our target at 2,772, and is continuing its upward movement toward 2,788, as previously anticipated.
Market volatility is expected today due to the GDP release and ongoing tariff concerns. The bullish trend is likely to continue, aiming for a new all-time high (ATH). However, if the 4-hour candle closes below 2,788, bearish momentum may develop, targeting 2,772 and 2,759.
Conversely, a 1-hour or 4-hour candle close above 2,788 would confirm further upside potential, driving the price toward 2,805.
Key Levels
Pivot Point: 2772
Resistance Levels: 2788, 2805
Support Levels: 2759, 2748, 2739
Trend Outlook
Bullish: As long as the price remains above 2,772
Next Bullish Confirmation: A break above 2,788
Bearish: If the price falls below 2,772
Previous idea:
GOLD Strong Breakout!
HI,Traders !
GOLD is trading in an
Uptrend and has Made a bullish breakout of
The key horizontal level
Of 2763.93 and the breakout
Is confirmed so After retesting the level is broken we are
Bullish biased and we
Will be expecting a further
Bullish move up !
Comment and subscribe to help us grow !
Who are More Strong Bulls are BearsTechnical Analysis Report: Gold (XAU/USD)
(Market Summary)
Gold is currently trading in a strong upward trend, with the price respecting both support and resistance lines. The bulls are in control, and the price is likely to continue moving higher.
(Key Levels)
- Resistance Level: (2790) A close above this level could be a significant breakout, indicating a new bullish swing. This could lead to a surge in buying pressure, pushing the price even higher.
- Support Level: (2750) This level has been acting as a support, and if the price pulls back to this level, it could be a buying opportunity.
- Sell Correction Zone: (2830) If the price reaches this zone, we can expect a sell correction. This could be a good opportunity to take profits or adjust positions.
GBP/JPY Breakdown Bears Take Control After Trend ReversalThis chart represents the British Pound to Japanese Yen currency pair on the two-hour timeframe. A clear breakdown from a previously established uptrend structure has triggered a short position. The trade setup is based on price action breaking below a key support level, confirming a shift in market sentiment toward bearish momentum.
The short entry was taken after the price broke below the ascending trendline and retested the level as resistance. The stop-loss is positioned above the recent high to mitigate risks in case of an invalidation. The take-profit target is set near 188.311, aligning with a key demand zone and a possible area of price reaction.
The trade exhibits a strong risk-to-reward ratio, ensuring a balanced approach to downside potential. With momentum favoring sellers, this setup remains valid as long as the price sustains below the broken support level. A clean follow-through to the downside would confirm further selling pressure.
GOLD FURTHER SELL OFF?! (UPDATE)Our Gold sell analysis has been invalidated, as price decided to target the last major high & psychological price of $2,790. I did point out on my first sell analysis that this round number was a potential threat to our sell bias, as round numbers are always seen as a liquidity sweep.
HOWEVER, now that this high has been swiped I will still be remaining bearish on Gold in the MID TERM. Looking for price action to settle down in the next week & provide more clear market structure. Anywhere between $2,790 - $2,840 we can see bears take over again!
SILVER | The longest timeframe cup & handle in history!SILVER has been forming a cup-and-handle pattern for the past 45 years. And even though SILVER has made some incredible moves during that time, its price has been blatantly manipulated by the LBMA (London Bullion Market Association), central banks around the world, and a completely fraudulent derivatives market that circulates fake paper silver at hundreds of times greater than the underlying asset. Prices have been artificially suppressed for decades to prop up the global fake fiat currency Ponzi scheme and tighten the grip of control over nearly every asset and human being—making these fake currencies appear legitimate when they are clearly instruments of debt and deception.
This artificial suppression of SILVER and many other commodities is coming to an end as the debt-and-death paradigm unravels before our very eyes.
The day is rapidly approaching when SILVER will enter true price discovery, and people will not believe the price points it will reach in the very near future. Silver is one of the most—if not the most—undervalued physical assets of all time.
Good luck, and always use a stop-loss!
Alcoins making progress! Hi fellow traders, BTC.D will be ready to make a wave lower from the blue box after it completes the ABC correction. When the dominance of BTC starts to decline the Altcoins will rise. The BTC.D chart could potentially go up till the green fib line within the blue box. I think this will be a good time to position yourself. Target will be the previous bottom. Good luck and trade safe!