SMC
USD-CHF Risky Long! Buy!
Hello,Traders!
USD-CHF is trading in an
Uptrend and the pair is
Making a bearish correction
But the price will soon hit
A horizontal support of 0.9020
And after the retest we will
Be expecting a local
Bullish rebound
Buy!
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HTF PREMIUM LIQUIDITY ATTACKIt seems to me like the market will continue to be bullish. The target for this week is the Weekly High (22111.00) which would mean All Time High for ES (given the effect of President Trump that is a very likely scenario). Coupled with the Premium Liquidity are the Premium levels of an old Opening Range Gap and a 1H FVG. If it trades there and bullish PDAs support price it might run for the ALT.
On Friday, the market already drop below a Daily Low and filled the ORG around 50% which could be enough to project price higher (potential Daily IOFED). Although there still are two Daily Discount FVGs and a 4H Breaker where price could trade to before running. Therefore, I want to see how price trades on Monday / Tuesday and depending on the signatures I will trade it accordingly.
Next Week’s Market Forecast: Potential Price Correction:Next Week’s Market Forecast:
Potential Price Correction:
Since the price is near the Premium Zone and a resistance level, a short-term correction towards support levels may occur.
Key Support Levels to Watch:
Equilibrium Zone: A strong support zone around $2720 - $2730.
Discount Zone: Lower support at $2617 - $2630, where buyers may step in.
Continuation of the Uptrend:
If the price breaks above the current resistance (Weak High at $2778 - $2780) and consolidates, it may continue its bullish momentum.
Critical Levels for Traders:
Monitor price action at resistance zones to confirm rejection or breakout.
Use BOS and CHoCH signals to align trades with the trend.
Key Support and Resistance Levels:
Resistance Levels:
$2780 - $2800:
A major resistance zone (Premium Zone), likely to cause selling pressure.
$2775 - $2778 (Weak High):
Another strong resistance, which could lead to price rejection.
Support Levels:
$2720 - $2730 (Equilibrium Zone):
An initial support zone for potential price rebounds.
$2700 - $2710 (PDL):
Another strong support level from previous daily lows.
$2617 - $2630 (Discount Zone):
A major demand zone for potential bullish reactions.
Suggested Trading Strategy:
Resistance Reaction:
If the price reaches $2778 - $2780 and shows weakness, consider short-term selling opportunities targeting lower support levels.
Support Reaction:
If the price drops to $2720 - $2730 or $2700 - $2710 and reversal patterns emerge, look for buying opportunities.
EURUSD 27-31 Jan 2025 W5 - Weekly Analysis - EU&US Interest RateThis is my Weekly analysis on EURUSD for 27-31 Jan 2025 W5 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
Weekly Chart Analysis
Daily Chart Analysis
4H Chart Analysis
Economic Events for the Week
Market Sentiment
Weaker Dollar Sentiment: A softer tone on tariffs reduced market fears of escalating trade wars. This decreased safe-haven flows into the USD, as such rhetoric often bolsters the dollar's demand during heightened global uncertainties.
Improved Global Trade Outlook: Easing trade tensions generally supports global economic activity, benefitting risk-sensitive assets like the euro. The USD could weaken as investors seek higher-yielding opportunities outside the U.S.
Market Expectations for the Federal Reserve: If the U.S.-China trade relationship stabilizes, it could lower inflationary pressures caused by tariffs, potentially leading to a more dovish tone from the Federal Reserve. This would further weaken the dollar.
Lagging Economic Growth in Europe: While the euro could see short-term gains, its long-term strength depends on the eurozone’s ability to address its economic challenges. Structural issues in major economies like Germany and Italy could cap the euro’s upside.
Upcoming important news: EUR & USD Interest rate decision, FOMC Meeting and PCE.
Weekly Chart Analysis
1️⃣
🔹Swing Bearish
🔹Internal Bearish
🔹In Swing Discount
🔹Swing Continuation Phase (Pro Swing + Pro Internal)
2️⃣
🔹INT structure continuing bearish with iBOS following the Bearish Swing. (End of 2023 till end of 2024 was a pullback phase after the first bearish iBOS)
3️⃣
🔹After the bearish iBOS we expect a pullback, price tapped into liquidity below Nov 2022 which is above the weekly demand formed with the initiation of the bearish iBOS pullback phase.
🔹Price made a bullish CHoCH which indicates that the liquidity was enough as per previous week analysis to initiate a pullback phase for the bearish iBOS.
🔹Price currently looking to target the liquidity built up during September 2024 and maybe reaching the Weekly supply zone (In INT structure Premium).
🔹Expectations of price to continue bullish to sweep the liquidity/mitigate supply zone while putting in consideration that we can have a pullback after the bullish CHoCH to weekly newly demand formed.
Daily Chart Analysis
1️⃣
🔹Swing Bearish
🔹INT Bearish
🔹Swing Continuation Phase (Pro Swing + Pro Internal)
2️⃣
🔹Following the Bearish Swing BOS, INT Structure continuing bearish approaching the weekly demand zone.
3️⃣
🔹After the failure to close below the Weak INT Low, price continued bullish sweeping the liquidity above Dec 30 and currently mitigating a Daily supply zone within the INT Structure Premium Zone.
🔹The current Daily supply zone could provide an intraday pullback to daily demand formed to continue bullish and target the INT High as this is the weekly liquidity currently to be targeted. Also, I put in consideration that the structure is bearish and we should be continuing down to target the Weak INT low. But I want to see more development on LTF to confirm this scenario.
🔹Expectations is set to continue bullish with cautious on the bearish scenario.
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS
2️⃣
🔹INT structure continuing bullish after the bullish BOS. We expect that at anytime the Swing Pullback will start.
🔹Currently price at a Daily Supply Zone that can initiate at least INT Structure Pullback and may extend to Swing Pullback to at least Swing EQ (50%)/Daily and Weekly Demand.
3️⃣
🔹Expectation is price to initiate a pullback for the Bullish INT structure and then continue bullish from demand to target the Daily INT High/Weekly Liquidity.
🔹More development required on LTFs/Intraday Analysis.
Economic Events for the Week
GBP_JPY RISKY SHORT|
✅GBP_JPY is retesting a resistance level of 195.000
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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EUR-USD Strong Breakout! Buy!
Hello,Traders!
EUR-USD is trading in a
Local uptrend and the pair
Made a bullish breakout of
The key horizontal level
Of 1.0458 which reinforces
Our bullish bias and will
Be expecting a further
Bullish move up
Buy!
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GBP_USD SHORT FROM RESISTANCE|
✅GBP_USD is set to retest a
Strong resistance level above at 1.2574
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 1.2400
SHORT🔥
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GBPCAD Approaching Resistance – Anticipating a PullbackOANDA:GBPCAD is approaching a key resistance zone. The current market structure shows a sharp rally into this zone, suggesting potential for pullback if sellers step in.
I anticipate that if the price confirms rejection within this resistance zone, marked by bearish candlestick patterns or clear wicks, the market may move downward toward the 1.78455 level.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!"
GOLD Short From All-Time-High! Sell!
Hello,Traders!
GOLD is trading in an
Uptrend and has reached
An all-time-high level of 2791.82$
Which is a strong horizontal resistance
So as Gold is locally overbought
We will be expecting a local
Bearish correction
Sell!
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