NAS100USD Will Fall! Short!
Take a look at our analysis for NAS100USD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 20,544.9.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 20,006.6 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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Signals
SILVER Will Go Higher From Support! Buy!
Please, check our technical outlook for SILVER.
Time Frame: 15m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 31.396.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 31.547 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBPCAD Will Go Up From Support! Long!
Take a look at our analysis for GBPCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.772.
The above observations make me that the market will inevitably achieve 1.782 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GOLD: Local Correction Ahead! Sell!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,623.085$
Wish you good luck in trading to you all!
EURUSD: Strong Bearish Bias! Sell!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 1.05523
Wish you good luck in trading to you all!
SILVER: Move Up Expected! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 31.54737$
Wish you good luck in trading to you all!
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
NASDAQ targeting 25400 in the next 6 months. Don't miss this!!Nasdaq (NDX) hit this month our 20900 long-term Target, a level we called 3 months ago (August 12, see chart below):
As you can see, the index has been trading within a 2-year Channel Up and with the use of the Fibonacci Channel levels, we can determine on which phase of the Cycle we are.
Right now we are on the stage where the price has been rejected near the 0.786 Fib and pulled-back to the 0.5 Fib and the 1D MA50 (blue trend-line). This is exactly what took place from December 28 2023 to January 05 2024, i.e. during the previous Bullish Phase of the Channel. You can see that with the use of the Time Cycles, we can identify that the first such phase was on February 01 2023.
This is the phase that we've just completed and remarkably all 3 within the Channel Up completed a +20.88% rise. This further proves that the symmetry within this pattern is astounding. The larger Bullish Leg was completed on the previous two phases with a +49% and +48% rise respectively, so technically it is natural to assume that the current Bullish Phase (from the August 05 2024 bottom) will be completed on a +47% rise (-1% less than previously) at least.
This is why we're expecting to see 25400 as the next Higher High on a 6 month horizon.
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GBPCHF Analysis Next Market MovePair Name = GBBCHF
Timeframe = 4H
Analysis = technical + fundamentals
Trend = Bullish
Details :-
GBPJPY is ready to bounce back after a This drop. Now this is making the Lower high and then lower low. A strong support level we can see around 1.108 to 1.104 after bouncing from this support level we can see a good gain UpTo 300Pips+.
Bullish Target:-
1.134
1.135
WTI OIL 4H RSI Bullish Divergence sending a strong buy signal.WTI Oil (USOIL) stopped yesterday's rebound on the 4H MA50 (blue trend-line) and is now on a small pull-back. Technically that is the Resistance level it needs to break if it wants to break-out aggressively towards the long-term Resistance Zone.
There are high probabilities of doing so, as the 4H RSI formed Higher Lows, which is a Bullish Divergence against the Lower Lows of the price. In fact, it is the exact same formation as the October 01 Low that rebounded aggressively above the 0.786 Fibonacci retracement level.
As a result, we are bullish on this one, targeting $76.00 (the 0.786 Fib currently).
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BITCOIN Pi Cycle Theory aiming at $120k at least!Following Bitcoin's (BTCUSD) new All Time High in the aftermath of the U.S. elections, we've established on previous posts that we've entered the final year (12 months) of this Bull Cycle. This is clearly visible by the use of the Sine Waves as shown on this 1W chart.
** Pi Cycle **
The new aspect we're bringing to you today is the Pi Cycle indicator, which has proven to be as consistent as any other at projecting the long-term price action of Bitcoin. As you can see every Cycle Top has been considerably above the Top Pi Band (red trend-line) and we're currently trading $30k below where this level is now. This means that it is only a matter of time for BTC to 'attack' $120k and break it.
** 1W RSI kickstarting the aggression **
We are at a point where the new rally phase that started after the price tested, held and rebounded on the 1W MA50 back in early August, will start getting more and more aggressive. The final bullish signal was given last week after the 1W RSI closed above 70.00 (vertical orange dashed line). As you can see, during the previous two Cycles, every time Bitcoin closed the 1W RSI above 70.00, the Cycle peaked 54 weeks later (roughly 365 days). There is no reason to expect otherwise this time also, as this projected date (week of November 24 2025) falls exactly on the Sine Wave's Top.
Notice also that during the most aggressive part of the Parabolic Rally, the 1D MA100 (blue trend-line) tends to Support. And before that, when that crosses above the Bottom Pi band (green trend-line), the indicator gives a confirmed buy signal for the whole Cycle.
** Timing the market is everything **
The question now is how high can the price get? Well according to those estimates, a peak above the Top Pi Band can be anywhere within the $150k - $200k range, and that could be a conservative estimate. But lucky enough, with technical tools like the one we present to you today, we can time the market (thus our exits/ sells) almost perfectly and get out as high as possible, without having an absolute Target in mind.
But what do you think? Are you also expecting the rally to start getting even more aggressive and break above $120k? Feel free to let us know in the comments section below!
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Lingrid | AUDCAD short After REJECTION of the RESISTANCE zoneThe price perfectly fulfilled my last idea. It hit the target level. FX:AUDCAD is gradually pulling back toward the resistance zone and the upward trendline area. Overall, the market is making lower lows and lower closes on the 4H timeframe. After a significant bearish move, the price is currently positioned to retest the 50% retracement level of that decline. I anticipate that the market to reject the resistance zone and continue moving downward. My goal is support zone around 0.90700
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NZDUSD: Correction Continues 🇳🇿🇺🇸
NZDUSD continues correction after quite an extended bearish movement.
The price perfectly respected a key daily horizontal support.
After a consolidation within a range on that, the pair violated its resistance.
We can expect more growth now at least to 0.5909
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Lingrid | WIFUSDT buying OPPORTUNITY from PSYCHOLOGICAL LevelBINANCE:WIFUSDT has broken and closed above the extended consolidation zone, indicating a strong market movement. Following this impulse, the price made a pullback. I anticipate that the market may retest the support level at 3.00, which also represents a psychological level and the upper boundary of the consolidation zone. In the long term, I expect the price to reach the resistance zone around 7.00. Currently, with the price pulling back and forming an ABCD pattern, there is a good opportunity to buy. My goal resistance zone around 4.20
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GOLD continues to be supported by BidenOANDA:XAUUSD rallied sharply towards a second day of gains after six consecutive days of decline as the dollar's price momentum slowed and growing uncertainty over conflicts in Russia and Ukraine sparked safe-haven demand.
As of the time of writing, spot gold has increased continuously the previous trading day to 2,622 USD/ounce, escaping the lowest level in 2 months last Thursday.
OANDA:XAUUSD considered a safe investment in times of economic and geopolitical uncertainty, suffered its biggest weekly decline in more than three years last week because of Trump's tariff-leaning policy. Trump's nomination is seen as a potential cause of inflation, which could cause the Federal Reserve to slow down on interest rate cuts.
Recent US support for Ukraine has increased tensions and affected safe-haven assets
Part of the reason is that US President Biden announced that he will provide long-range missiles to Ukraine so that the country can attack deeper into Russian territory. This will make the war much more complicated, it should be seen as a step closer to direct confrontation between Russia and the US.
Previously, Reuters reported that US President Joe Biden's administration on Sunday allowed Ukraine to use US-made weapons to attack deep into Russian territory, a major reversal of Washington's policy. about the conflict between Ukraine and Russia.
Sources said Ukraine plans to launch its first long-range strike in the coming days but declined to reveal details due to security concerns about the operation.
The Federal Reserve is widely expected to cut interest rates for a third time in December, although recent data suggests inflation's recovery toward its 2% target has stalled. About seven Fed officials will speak this week.
Rising interest rates could put further pressure on gold by making non-yielding assets like gold less attractive.
Analysis of technical prospects for OANDA:XAUUSD
Although gold has recovered to break the falling price channel in the short term, in the medium term it still tends to lean towards the downside with the price channel as the trend and the main pressure from the EMA21 level.
On the other hand, the uptrend RSI is also close to reaching the 50 level. The 50 level is considered a resistance or support point depending on the condition of the RSI above or below this level.
However, gold may still increase a bit more with the 2,640USD position sent to readers in yesterday's publication, this is the position of the 0.618% Fibonacci retracement level.
As long as gold remains within the price channel and below the EMA21 level, the technical outlook is tilted to the downside, and the day's highlights are listed below.
Support: 2,600 – 2,588USD
Resistance: 2,640USD
SELL XAUUSD PRICE 2647 - 2645⚡️
↠↠ Stoploss 2651
→Take Profit 1 2640
↨
→Take Profit 2 2635
BUY XAUUSD PRICE 2589 - 2591⚡️
↠↠ Stoploss 2585
→Take Profit 1 2596
↨
→Take Profit 2 2601
Lingrid | GOLD Weekly Market OUTLOOKOANDA:XAUUSD market has been in the bearish trend since the completion of the election. On the daily time frame, we have seen a clear break and a close below the previous support level at 2603, indicating a potential shift in market. However, I anticipate that the market will move sideways for the time being, unless it breaks through the 2470 support area. On Friday, the market rebounded from the 2550 support level, creating a false breakout. This resulted in a long-tailed bar, signaling a rejection at that level.
Looking at the monthly time frame, the price is now approaching the August high, which could serve as significant support. Meanwhile, on the 4H timeframe, price action has formed an ABCD pattern. Typically, after this pattern completes, markets tend to pull back.
Currently, on the daily time frame, the price is slowing as it nears the 2530 support area below. It's worth noting that the market struggled to break this level for over two weeks in August, indicating its importance. Overall, I expect the price to at least bounce back from these zones in the short term unless further price action shows otherwise.
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Gold -> How Long Will the Adjustment Last? Emphasis on $2,600Hello, dear friends, Ben here!
Gold (XAU/USD) extended its recovery early Monday, testing the $2,600 level and ending a six-day losing streak after a false breakout and a retest of $2,546. The latest surge in gold prices may be tied to escalating geopolitical tensions between Russia and Ukraine, following the U.S. authorization for Ukraine to use long-range weapons to strike Russian territory.
However, the latest Kitco News Weekly Gold Survey reflects a bearish market sentiment. Specifically, the continued rise in the USD and bond yields is exerting downward pressure on gold prices. Additionally, the Federal Reserve (Fed) has adopted a more hawkish stance, posing further challenges for the precious metal.
Looking ahead, with gold prices still at low levels, central banks may return as buyers in the market. However, Europe's ongoing economic struggles are pressuring the euro, prompting increased USD purchases to counter depreciation. As a result, gold prices may trade sideways or see additional declines unless a major geopolitical event emerges.
This week, the gold market is expected to remain subdued due to the lack of major economic data releases. Key focus areas include U.S. housing starts and building permits, home sales, and the University of Michigan Consumer Sentiment Survey. Additionally, market participants are awaiting comments from several Fed officials to assess the pace and scale of upcoming interest rate cuts.
From a technical standpoint, gold is thoroughly testing the resistance zone around $2,600–$2,589, attempting to offset market losses. Theoretically, a false breakout and consolidation below this zone could lead to further declines. Currently, I do not rule out the possibility of liquidity testing above this resistance zone ahead of significant news events. A false breakout could trigger selling activity, further reinforcing bearish momentum. However, if prices rebound near the $2,600 resistance and begin a smooth decline towards $2,546, it would generally increase the likelihood of a breakdown and continuation of the downtrend.
The yellow precious metal recovered as the USD weakened.The yellow precious metal recovered as the USD weakened. The DXY index measuring the greenback's strength fell to 106.21 points. However, US Treasury bond yields continue to rise, leading many experts to limit gold's gains.
According to analyst James Hyerczyk at FX Empire, the gold recovery occurred when the USD temporarily paused below its highest level in a recent year, making gold more attractive to investors who do not use it. Use USD.
Hyerczyk emphasized that the 2,604.39 resistance mark is “an important technical level” that traders are watching closely. “If this level is sustained, the price could rally sharply, towards the 50-day moving average at 2,653.63 and the retracement zone from 2,663.51 to 2,693.40,” he said. However, Hyerczyk warns that if there is renewed selling pressure at higher levels, this could indicate continued downward pressure on gold prices.
Conversely, he said a fall in gold prices below 2,536.85 would signal weakness and the potential for a deeper decline towards the 200-day moving average at 2,403.46. He also added that traders will closely monitor comments from Fed officials this week for a clearer view of monetary policy. “Upcoming US economic data, such as housing and manufacturing reports, will also influence the direction of gold prices,” he said.
Gold Price SoarsThe US dollar stopped rising, coupled with the escalating Russia-Ukraine conflict, driving gold prices up by nearly $50, ending the previous downtrend. At the close of trading on November 18, gold had gained $48, reaching $2,611 per ounce. This recovery helped gold break its six-session losing streak from the previous week, when prices had dropped to a two-month low.
Looking at the technical chart, the EMA line has reversed, signaling that the uptrend has returned. Additionally, gold is moving within an upward price channel, indicating that the current bullish momentum is continuing. Other technical indicators, such as the RSI (Relative Strength Index), are in the overbought zone, further supporting the bullish outlook for gold. If gold can maintain levels above $2,600 per ounce, it is likely to test resistance levels around $2,630 - $2,650 per ounce.
On the other hand, if gold fails to hold above $2,600 per ounce, the next support level could be around $2,570 per ounce, where short-term moving averages converge.
The performance of the US dollar and geopolitical factors will continue to be key influences on the gold price trend in the near future.
Conquered 250 Pips, What's Next in the Wave? Swingers!Let's keep it simple, As Always!
As of today, GBP/USD has delivered a solid 250-pip move following our analysis shared on October 9th, 2024. Our forecasted move materialized as expected, with the pair continuing its upward momentum after a brief consolidation phase. For those who took the trade, congratulations on securing some solid profits!
Now, the question on everyone's mind is, what's next for GBP/USD? Let’s break down the structure and identify the potential move within the wave.
Keep an eye on price action around these levels for the next wave. A pullback to 1.2300 could offer an entry for the next rally. Stay cautious and wait for confirmation before jumping in.
Let's see how the market unfolds over the coming sessions.
-Zak
Happy Trading! 🔥
NAS100USD: Bullish Opportunity Targeting Premium Liquidity!Greetings Traders!
Brief Description🖊️:
Currently, NAS100USD is showing bullish institutional order flow, presenting opportunities to capitalize on the upside. The focus is on targeting liquidity pools within premium price levels.
Things I Have Seen👀:
Discount Entry Zone🟢: Price has retraced to discount levels, aligning with the 50% Fibonacci level, offering a favorable range for buy orders.
Support and Confluences🔗: Price is at a significant support area, where multiple discount arrays—including a Fair Value Gap (FVG), breaker block, and order block—align. This confluence strengthens the bullish case.
Trading Plan🎯:
Key Zones to Monitor : Look for confirmation entries at the identified support zones.
Targets: The liquidity pools within premium price levels are the primary objectives.
Current Position📈:
I have already entered this setup upon receiving confirmation. Ensure you perform your own analysis and trade with a clear plan.
Best Regards,
The_Architect