GOLD Approaching Key Resistance – Potential Drop to 2,911$OANDA:XAUUSD is approaching 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 2,911 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!
Supply_and_demand
GOLD - Potential Selling Opportunity to 2,912?OANDA:XAUUSD is currently at a clear resistance level that has acted as a zone for bullish momentum. This could signal a potential selling opportunity.
If bearish signals, such as rejection wicks or bearish candlestick patterns, emerge, I expect a move toward 2,912 . On the other hand, a breakout above this resistance could weaken the bearish outlook.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck
EURNZD - Buy Setup at Clear ZoneOANDA:EURNZD is approaching a clear support zone, marked by prior bullish reactions and buyer interest. This zone has consistently reversed bearish trends in the past, making it an interesting area to watch.
If buyers step in and confirm the support with bullish price action, such as long lower wicks or bullish engulfing patterns, I anticipate a move upward toward 1,83500. But if a break below this zone occurs, it could signal increased selling pressure and invalidate the bullish outlook.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
EURSEK at Key Support Zone: Bullish Rebound ExpectedOANDA:EURSEK has reached a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand 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 support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 11.33450 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!
USDJPY at Key Support - Potential Buying OpportunityOANDA:USDJPY is inside a support zone, which has been a turning point for bullish move before. The recent bearish pressure brings the price into this area, creating a potential buying opportunity.
If bullish signals emerge, such as strong buying volume or bullish candlestick patterns, I expect the price to move toward 152,750. However, a break below this support would invalidate the bullish bias and could lead to further declines.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management!
USDSGD at Key Support Zone: Bullish Rebound ExpectedOANDA:USDSGD has reached a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand 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 support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 1.34820 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!
Potential Buy AreasHey traders and investors!
There are no significant changes in the cryptocurrency market.
Some altcoins have dropped to interesting levels on the weekly timeframe, making them potential buying opportunities.
But when will the growth start? It might take 11 months for the price to reach the target (see related post).
I assume that the most capitalized coins have not yet reached their short targets (for example BTC, BNB, SOL). This means that there will probably be further price reductions.
I wish you profitable trades!
Overall Market Structure XAUUSD1. Overall Market Structure
The market is currently in a strong bullish trend, forming higher highs and higher lows.
A retracement is occurring around the $2900 - $2927 zone, which could be a Liquidity Grab before the next move.
2. Key Support & Resistance Levels
Resistance Zones:
$2927 - $2942 (Key Fibonacci 0.236 - 0.0 level), which has already triggered a reaction from sellers.
Support Zones:
$2870 - $2890 (Fibonacci 0.786) – A critical area where buyers may step in.
$2779 (Support from the previous week) – If a deeper correction occurs, this could act as a liquidity area for long positions.
3. Liquidity & Key RTM Zones
Liquidity was grabbed above $2942, indicating potential sell-side orders.
A retracement towards $2890 - $2902 (important FLIP zone) could determine the next direction.
Smart Money might manipulate price around these levels to trap retail traders before a strong move.
4. Possible Scenarios for Next Week
Bullish Scenario:
If price holds above $2890 - $2902, we could see a push towards $2942 - $2960.
A breakout above $2942 could extend the bullish rally to $3000 and beyond.
Bearish (Deeper Retracement) Scenario:
If $2890 support fails, the price could drop to $2779 - $2760, where buyers might step in.
5. Conclusion & Trading Strategy
📌 If $2890 - $2902 holds as support, expect further upside momentum.
📌 If this support breaks, a deeper retracement to $2779 - $2760 is possible.
📌 Watch for liquidity grabs and confirmation signals before entering a trade.
❗ Recommendation: Monitor price reaction at $2890 before making trading decisions. If buyers defend this level, long positions could be favorable.
AUDUSD. Medium-term analysisHey traders and investors!
It might be time to look for buying opportunities in the Australian dollar
Weekly Timeframe Analysis
The Australian Dollar (AUD) against the US Dollar (USD) has been in a sideways range since January 2023 (point 4 was formed).
Range Boundaries: Upper Boundary: 0.71578. Lower Boundary: 0.61702
Range Vector Analysis
The last realized range vector 6-7 was a seller's vector, which broke through the lower boundary of the range (0.61702). The weekly volumes of this vector are concentrated at the end of October - early November. Above the 0.65124 level, three weekly bars with increased volume are concentrated.
A buyer's vector 7-8 is now forming, with a potential target of 0.69426. In the emerging buyer's vector, there are three bars with increased volume, which may indicate buyer interest at these price levels.
The first resistance on the buyer's path on the weekly TF is the level of 0.65124, as above it, volumes are concentrated in the seller's vector, and this price level is slightly below the 50% mark of the last seller's vector.
Daily Timeframe Analysis
On the daily timeframe, the price has broken through the upper boundary of the range 0.63308, which formed in January.
Range Boundaries: Upper Boundary: 0.63308. Lower Boundary: 0.60878
Range Vector Analysis
The last realized vector 9-10 was a buyer's vector. The volumes are concentrated in the upper part of the vector. Note the daily bars on February 7 and 12, when the seller tried to start the implementation of their vector 10-11 with increased volume. The buyer absorbed these attempts and, on decreasing volume, broke through the upper boundary of the range 0.63308.
Conclusions
Buying (buying patterns) should be considered as long as the price remains above the upper boundary of the range on the daily TF - 0.63308 (priority option). This idea aligns with the implementation of the buyer's vector on the weekly TF.
Selling (selling patterns) is risky, as the buyer's vector is active on the weekly TF, and the price has exited the range upwards on the daily TF. Even if the seller returns the price to the range on the daily TF, volumes under the lower boundary of the range may trigger a buyer's reaction.
I wish you profitable trades!
EURSEK at Key Support Level - Will Price Rebound to 11,364?OANDA:EURSEK is in a significant support zone, which has been a turning point for bullish moves. The recent bearish pressure brings the price into this critical area, creating a potential buying opportunity.
If bullish signals appear, such as strong buying volume or bullish candlestick patterns, I expect the price to move toward 11,364, . However, a break below this support would invalidate the bullish bias and could lead to further downside.
Traders should be patient and wait for confirmation of bullish strength before entering long positions.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management,
Best of luck , TrendDiva
CITIGROUP Gearing Up for a Bullish RallyNYSE:C is trading within a well-defined uptrend supported by a rising trendline. The consistent higher highs and higher lows confirm the bullish structure. If buyers maintain control and the price respects the trendline, the stock could rally toward the 87.14 target level, which aligns with a measured move projection.
For confirmation, I’ll look for bullish candlestick patterns or a breakout above recent consolidation highs. However, if the trendline support is breached, it could signal a potential shift in the trend.
Let me know your thoughts or if you see the setup differently!
WHEAT - Testing a major resistance zoneCAPITALCOM:WHEAT is testing a major resistance zone that has previously led to significant bearish reversals. The recent bullish momentum into this area increases the likelihood of seller interest.
If the market shows bearish confirmation through rejection wicks, bearish engulfing candles, or increased selling volume, a move toward 579.9 seems likely. But, a breakout above this resistance may suggest continued bullish strength.
Just my take on key support and resistance levels—remember, this isn’t financial advice. Always confirm your setups and manage risk wisely.
NEHT25 Trend Continuation - Will Buyers Push Toward 963$?PEPPERSTONE:NETH25 is demonstrating strong bullish momentum, supported by a well-respected ascending trendline. The consistent series of higher highs and higher lows suggest that buyers remain in control, with price action steadily advancing.
A potential pullback toward the trendline support could provide an opportunity for buyers to step in, maintaining the overall uptrend structure. If the market continues to respect this trendline, we can anticipate a continuation toward the 963.00 level as the next upside target.
This setup aligns with the expectation of a bullish continuation, offering a potential long opportunity if price consolidates or forms a higher low near the trendline.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
GBPJPY | 15M | SELL LIMIT ORDER Don't forget to press like if you want to receive updates of this analysis. 🚀
SIGNAL ALERT
SELL LIMIT ORDER - GBPJPY ( OANDA:GBPJPY ) | 193,450 OR 192,146
🟢TP1: 192,000
🟢TP2: 191,840
🟢TP3: 190,753
🔴SL: 193,559
RISK REWARD - 1,51
Thanks to everyone who supports my analysis with likes.🫡
COPPER at Key Resistance: Will Sellers Push Toward 4.5230?PEPPERSTONE:COPPER has reached a significant resistance level, marked by prior price rejections and strong selling pressure. This area has historically acted as strong supply, suggesting the potential for a bearish reversal if sellers regain control.
If the price confirms a rejection within this supply zone, I anticipate a move downward toward the 4.5230 level. This setup suggests the possibility of a retracement after the recent upward movement.
Traders should look for bearish confirmation signals, such as bearish engulfing candles or strong rejection wicks, before entering short positions.
GBPAUD Approaching Support: Will Price Rebound to 1.9890?OANDA:GBPAUD is approaching a key support zone. Previously, this area has acted as strong demand, leading to significant bullish reversals. The ongoing bearish momentum suggests sellers are driving the price toward this level, where buyers may step in.
A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would increase the probability of a rebound. If buyers regain control, the price could move toward the 1.98900 level. However, a breakdown below this zone could invalidate the bullish outlook, opening the door for further downside.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
CHFJPY - Potential Buying Opportunity to 168.700OANDA:CHFJPY is currently approaching a critical demand zone and as the market has been in a strong downtrend, everyone’s watching to see if buyers will step in and turn things around.
That particular demand zone has previously acted as a strong support level and now as price tests this area again, the question is whether support will hold or if sellers will push through to lower levels.
If support holds, I anticipate a move toward 168.700, where price could encounter resistance.
However, the market rarely moves in a straight line. If buyers can’t hold this demand zone, we could see price break lower, leading to further downside and possibility for a continuation of the bearish trend. For now, let's see how price reacts at this key zone—will it be a turning point, or will sellers remain in control?
EURAUD at Key Resistance: Potential Sell OpportunityOANDA:EURAUD is currently in a well-defined downtrend, trading within a descending channel. The price is approaching a significant resistance zone, which aligns with previous structural rejections. This level is critical as it may act as a supply zone where sellers could regain control.
The projected scenario suggests a potential rejection at this resistance area, leading to a continuation of the bearish trend. If price action confirms a rejection—such as forming bearish candlestick patterns or strong wicks—there is a high probability of a downward move toward the 1.63590 level, which aligns with a key support zone.
This setup follows the broader market structure, suggesting that sellers may remain in control unless a significant breakout above the resistance zone occurs.
GOLD at a Turning Point: Potential Breakdown Ahead?OANDA:XAUUSD is currently testing the lower boundary of its ascending channel. A decisive break below this trendline could signal a shift in market sentiment, potentially weakening bullish momentum and increasing the likelihood of bearish pressure.
If price breaks below the current support and then retests the zone as resistance, sellers may take control and drive the price lower. A confirmed rejection at this level could lead to a bearish continuation toward the 2,829 support level, which represents a logical target within the current market structure.
Traders should monitor for bearish confirmation signals, such as bearish engulfing candles or strong rejection wicks, to validate potential short positions.
GBPUSD Possible IdeaDue to the pair consistently breaking lows and respecting highs on the daily timeframe, it was then evident that it is over all bearish. It recently broke the latest low on the daily timeframe, where it preceded to form a rising wedge to induce liquidity on both sides withing the daily range. Price has recently broke out of the wedge to the upside to mitigate a supply area just above it. This then could be the liquidity price could use to fuel its move to the downside to take out liquidity below the wedge as well as liquidity resting beneath our most recent low.
DXY Possible ideaDXY has been bullish for quite some time now. From what we can see, it has been breaking highs with momentum. It has recently retraced back just above an unmitigated demand zone, where lots of liquidity is currently hovering above. It could use this liquidity to fuel its move to the upside after it mitigates this demand area, breaking the latest weak high that awaits a liquidity run.
GBPCHF Approaching Key Resistance: Will Sellers Target 1.12630?OANDA:GBPCHF is approaching a significant resistance zone, marked by prior strong price rejections and selling pressure. This area has historically acted as a strong supply zone, suggesting the potential for a bearish reversal if sellers step in.
The current market structure indicates that if the price confirms rejection within this zone, we could see a move downward toward the 1.12630 level. This target aligns with the broader range-bound behavior observed in the pair.
Traders should monitor for bearish confirmation signals, such as bearish engulfing candles or strong rejection wicks, to validate potential short positions.
AUDNZD at Key Resistance: Will It Drop To 1.10650?OANDA:AUDNZD is at a significant resistance area that has consistently acted as a barrier for bullish momentum. The recent price action suggests a potential for sellers to step in and drive prices lower from this zone.
If rejection signals, such as bearish engulfing candles or upper wicks, appear, I expect a move toward 1.10650. A break above this resistance, however, could indicate a shift in market sentiment.
Traders should wait for confirmation before entering short positions and ensure proper risk management. If you have any thoughts or agree with this analysis, I’d love to hear your perspective in the comments!