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GBPCAD at Key Resistance: Potential Selling Opportunity to 1.789OANDA:GBPCAD is trading near a robust resistance zone that aligns with prior price rejections. This area has previously attracted strong selling interest, making it a critical point to watch. If bearish confirmation appears, such as strong upper wicks or bearish candlestick patterns, I anticipate a move toward 1.78900. But a break above this level could signal further upside and invalidate the bearish setup. -Carefully evaluate price action at this zone before entering positions. -Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Short
by TrendDiva
12
GBPNZD - Potential Sell Opportunity at Resistance LevelOANDA:GBPNZD is approaching a significant resistance zone, marked by previous strong price rejections. This area has consistently acted as a turning point, suggesting the potential for another bearish reaction if sellers step in. If the price shows clear signs of rejection from this resistance zone, I anticipate a move downward toward the 2.20620 level, which serves as a logical target for this setup. Conversely, a clean breakout above the resistance zone could signal a potential bullish continuation. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, long upper wicks rejecting the resistance, or increased selling volume before considering short positions. Let me know your thoughts or any additional insights you might have!
Short
by DanieIM
1
ALUMINIUM at Key Resistance – Potential Drop to 2,630FUSIONMARKETS:XALUSD has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 2,630 level, which represents a logical target within the current market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
FUSIONMARKETS:XALUSDShort
by TrendDiva
1
EURCAD – Bullish Continuation Toward 1.49730OANDA:EURCAD has broken above a key resistance zone around 1.49000, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook. With momentum favoring the upside, the next logical target is 1.49730, aligning with the upper boundary of the ascending channel. As long as the price remains above the 1.49000 support, the bullish bias stays intact. If you agree with this analysis or have additional insights, feel free to share your thoughts here!
Long
by DanieIM
3
JNJ - Potential Sell Opportunity at Resistance LevelNYSE:JNJ has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control. The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 155.00 level, which represents a logical target within the current market structure. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
NYSE:JNJShort
by DanieIM
3
US2000 - Potential Buy Opportunity at Key Support LevelPEPPERSTONE:US2000 has reached a significant demand zone, highlighted by previous price reactions and strong buying interest. This area has historically acted as a key support level, suggesting the potential for a bullish reversal if buyers step back in. The current market structure suggests that if the price confirms a rejection from this support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 2,260 level, which represents a logical target within the current market structure. If you agree with this analysis or have any additional thoughts, feel free to share them in the comments!
FUSIONMARKETS:US2000Long
by DanieIM
1
Coca-Cola at Key Resistance: Will Sellers Step In?NYSE:KO has reached a significant supply zone, marked by prior price rejections and strong selling interest. This area has historically acted as a resistance level, suggesting the potential for a bearish reversal if sellers regain control. The recent bullish momentum has brought the price into this key resistance zone, and if the market confirms rejection here, we could see a move lower. I anticipate that if sellers step in, the price may decline toward the 68.80 level. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have any additional thoughts, feel free to share them in the comments!
NYSE:KOShort
by DanieIM
USDCAD - Sell Opportunity After Support BreakOANDA:USDCAD has broken below a major support level, signaling a shift in momentum. If the price will retest the zone at 1.42600, which previously served as support, this area may now act as resistance, aligning with a potential bearish continuation. If sellers confirm resistance at this level, the price is likely to move downward toward the 1.41130 level, which represents a logical target for this setup. Conversely, a failure to hold resistance could suggest a potential bullish shift. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles or increased selling volume, before considering short positions. Let me know your thoughts or any additional insights you might have!
Short
by DanieIM
GBPZAR at Clear Resistance Zone - Will Sellers Step In?OANDA:GBPZAR has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control. The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 23.1620 level, which represents a logical target within the current market structure. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure.
Short
by TrendDiva
3
GBPNOK at Key Demand Zone: Rebound Toward 14.0198?FOREXCOM:GBPNOK reached a significant demand zone, marked by prior strong price reactions and buying pressure. This level has historically acted as a support zone, indicating the potential for a bullish reversal if buyers regain control. The current market structure suggests that if the price confirms a rejection from this demand zone, we could see a move upward toward the 14.0198 level, which aligns with a logical retracement. Traders should watch for bullish confirmation signals, such as bullish engulfing candles or higher lows, before entering long positions.
Long
by DanieIM
CADCHF - Short Setup at Key ResistanceOANDA:CADCHF Is getting closer to a resistance zone that has times before lead to strong bearish momentum. A confirmation of selling pressure, such as a bearish engulfing pattern or multiple rejection wicks at the resistance level, would increase the likelihood of a downward move. If sellers take control at this zone, the pair could move downward, with a target around the 0.63200 level. NOT financial advice - just my view on support and resistance zones, Always confirm your setups and trade with solid risk management! Best of luck! Again!
Short
by TrendDiva
1
JPN225 at Major Support Level – Bullish Rebound ExpectedPEPPERSTONE:JPN225 reached a significant demand zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key support zone, indicating the potential for a pullback if buyers regain control. The current market structure suggests that if the price confirms a rejection from this demand zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 39,068 level, which represents a logical target within the current market structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
ICMARKETS:JP225Long
by DanieIM
1
EURNZD - Sell Opportunity After Support BreakOANDA:EURNZD has broken below a key support zone and is now retesting it, which may act as new resistance, aligning with a potential bearish continuation. If sellers confirm resistance at this level, the price is likely to move downward toward the 1.80600 level, which represents a logical target for this setup. Conversely, a failure to hold resistance could suggest a potential bullish shift. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles or increased selling volume, before considering short positions. Let me know your thoughts or any additional insights you might have!
Short
by DanieIM
ALUMINIUM Approaches Major Resistance – Will Sellers Step In?PEPPERSTONE:ALUMINIUM is approaching a significant supply zone, an area that has previously acted as strong resistance, indicating the potential for a pullback if sellers regain control. If the market confirms resistance at this level, the price could move downward toward the 2,677 level, which serves as a logical target for this setup. Conversely, a failure to hold resistance could indicate a potential bullish shift and further upside. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, long upper wicks rejecting the supply zone, or increased selling volume, before considering short positions. Let me know your thoughts or any additional insights!"
FUSIONMARKETS:XALUSDShort
by DanieIM
MXNJPY at Key Support Level - Potential Buy SetupEIGHTCAP:MXNJPY has reached a significant support zone, which has historically acted as a strong demand area. Previous price action suggests buyers may step in here, increasing the potential for a bullish reversal. If the price holds above this level and confirms support, we could see a move higher toward the 7.50700 level, which represents a logical target based on past price behavior and current market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
4
CADJPY at Key Support - Potential Buy SetupOANDA:CADJPY has reached a significant demand zone, an area that has previously served as strong support, leading to notable bullish reversals. The current market structure suggests a potential bullish bounce from this zone. If buyers confirm support at this level, the price could move upward toward the 107.300 level, which serves as a logical target for this setup. Conversely, a failure to hold this demand zone could indicate further downside potential toward lower support levels. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, long lower wicks rejecting the demand zone, or increased buying volume, before considering long positions. Let me know your thoughts or if you have any additional insights!"
Long
by DanieIM
14
NZDUSD Break & Retest – Bullish Continuation in Play?OANDA:NZDUSD has broken above a key resistance zone near 0.57000 and has now pulled back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation. If buyers confirm support at this level, the price is likely to move upward toward the 0.57860 level, which serves as a logical target for this setup. Conversely, a failure to hold support could signal a potential bearish shift. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have!
Long
by DanieIM
1
USDMXN at Key Support - Potential Buy SetupOANDA:USDMXN is currently trading at a major demand zone, where buyers may step in to support the price. This level has historically acted as a strong support area, leading to bullish reversals. If the price confirms a rejection from this demand zone, we could see a move upward toward the 20.4440 target level. A bullish reaction from this zone would align with the expectation of a short-term correction within the broader market structure.
Long
by DanieIM
1