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Support and Resistance

Euro can turn around and start to fall to support areaHello traders, I want share with you my opinion about Euro. Observing this chart, we can see how the price earlier dropped toward the 1.1360 support level and successfully broke it. Then we saw a short recovery move, but the price once again returned to the downside and retested the support line from below. After that, the market created a strong upward impulse, broke back above the 1.1360 level, and entered a phase of consolidation inside a range. This range held for some time, with price respecting both its upper and lower boundaries. Eventually, we saw a breakout from this consolidation, followed by another strong bullish impulse and a steady climb above the 1.1530 zone, where price is currently trading. However, the price has now approached a critical structure and is showing signs of weakening momentum. In my mind, the Euro may attempt one more small move up but then turn around and start declining toward the 1.1530 support level, breaking the ascending support line as well. That's why my TP is this support level, which coincides with the support area. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by LegionQ8
13
Cisco Is Pushing a Generational HighCisco Systems has climbed as AI investment helps power growth, and some traders may think the move will continue. The first pattern on today’s chart is the February 13 peak of $66.50. It was the highest level since September 2000, when the dotcom bubble was deflating. The networking giant come within $0.14 of that level on June 9 and remains in close proximity. Is a breakout coming? (If CSCO were to clear this year’s peak, investors may next eye $82, its previous all-time high from March 2000.) Next consider the May 15 closing price of $64.26 following strong quarterly results. The stock probed below the level last week and bounced. That may suggest old resistance has become new support. Third, the 8-day exponential moving average (EMA) has stayed above the 21-day EMA. Such a sequence may reflect a short-term uptrend. Finally, Bollinger Band Width has dropped as price moves narrow. Could that tightening price action open the door to price expansion? Check out TradingView's The Leap competition sponsored by TradeStation. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:CSCO
by TradeStation
US30 Consolidates Amid Geopolitical UncertaintyUS30 Overview – Market Caught Between Geopolitical Risk and Technical Boundaries The ongoing Middle East crisis continues to weigh on market sentiment, keeping US30 (Dow Jones) in a consolidation phase. Technical Outlook: Price is currently trading between 42160 and 42410. As long as it holds above 42160, a move toward 42410 remains likely. 🔺 A break and stability above 42410 would confirm bullish momentum toward 42810. 🔻 A break below 42160 opens the door for a decline toward 41780, with further downside potential. Key Levels: • Pivot: 42410 • Support: 42160 / 41780 / 41310 • Resistance: 42610 / 42810 / 43210
OANDA:US30USD
by SroshMayi
Resistance zones and Geo-political instability acting up.Geo-Political instability and resistance zone are acting up together to stop Nifty and not allowing it to close above 25K. As the world is looking at developments in Iran Vs Israel conflict with beated heart market today gave up some gains from yesterday. The only index looking strong is IT index right now. Avoid taking very long positions unless you are very sure of the company. Yesterday also Nifty failed to close above 25K opened briefly near 25K today and then moved downwards. Lot will be decided in the short term by the developments that happen tonight. Important G7 meet and US Federal reserve Rate Cut meet is also to happen later in the week. These 2 global factors will decide fate of the market in the short term. Local factors are all in line and nothing to worry for Indian markets on that front. The supports for Nifty remain at: 24713 (Trend line support), 24425 (Mother line support of Daily chart), next support is near 23917, 23806 (Father line support of daily chart is in place). Closing below 23906 can lead to further down side and in such a scenario Nifty can fall further towards 23500 or 23047 levels. If we get a closing below that we will give updates regarding the same. Resistances for Nifty remain at: 24982 (Today's high), 25112 and trend line resistance of 25251. When we get a closing above 25251 we will update you regarding the further upward resistnace levels. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
2
Gold Faces Resistance as Israel-Iran Conflict Fails to Fuel RallGold Unlikely to Sustain Long-Term Gains on Israel-Iran Tensions Despite escalating geopolitical risks, gold’s upside remains limited. Julius Baer's Carsten Menke notes that the recent move is likely driven by short-term speculative and algorithmic flows, not physical safe-haven demand—consistent with historical patterns of brief geopolitical spikes. Technical Outlook: Gold is currently trading below 3404, suggesting possible range-bound consolidation between 3404 and 3480. A 1H close below 3380 could trigger further downside toward 3365 and 3347. Conversely, a break above 3404 would open the way for a bullish push toward 3448. Key Levels: • Pivot: 3381 • Support: / 3365 / 3347 / 3321 • Resistance: 3404/ 3420 / 3448
OANDA:XAUUSDShort
by SroshMayi
Forward-looking trading, focus on 3380 support📰 Impact of news: 1. Geopolitical tensions in the Middle East 2. Iran nuclear talks 3. Retail sales data 📈 Market analysis: Gold prices are currently in a narrow range of fluctuations again, and the signal of Iran restarting nuclear negotiations has weakened risk aversion, triggering a correction in gold prices during the session, but tensions in the Middle East remain an uncertain factor. In the short term, we still need to focus on the breakthrough of the 3380 support line. If the 3380 support line is strong, we can still maintain a long trading idea in the short term and look to 3400. On the contrary, once it falls below, it is expected to look to the 3350 line. Pay attention to the breakthrough of 3400 on the upside. If the Asian and European sessions cannot effectively break through this short-term resistance, gold will continue to fluctuate. 🏅 Trading strategies: BUY 3380-3370 TP 3390-3400-3450 SELL 3400-3390 TP 3380-3370-3350 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDShort
by AllenBoswell-2
TON: The Cryptocurrency Powering Telegram’s FutureOKX:TONUSDT OKX:TONEUR In the fast-paced world of cryptocurrencies, TON (The Open Network) stands out as a project with a compelling backstory and bold ambitions. Born from the vision of Telegram’s founders, the Durov brothers, TON was initially designed to bring blockchain technology into one of the world’s most popular messaging apps. Despite early regulatory setbacks, it has since evolved into an independent blockchain platform under the stewardship of the TON Foundation. With its deep ties to Telegram’s vast user base and innovative technology, TON is poised to make a significant impact in the crypto space. First, what is TON? TON, or so called The Open Network, is a decentralized blockchain platform originally conceived by Nikolai and Pavel Durov, the minds behind Telegram. The project began with an audacious goal: to integrate a cryptocurrency-then called Gram-into Telegram, enabling seamless digital payments and decentralized services for its users. However, in 2019, the U.S. Securities and Exchange Commission (SEC) intervened, questioning whether Gram was a security rather than a cryptocurrency. This regulatory clash forced Telegram to step back, and the project was handed over to the open-source community. Today, TON operates independently under the TON Foundation, a non-profit organization dedicated to its development. While it no longer has a formal tie to Telegram’s corporate structure, TON remains closely linked to the app’s ecosystem, powering various features and positioning itself as a key player in the cryptocurrency. Technology and Features TON’s blockchain is engineered to deliver exceptional speed, scalability, and versatility, distinguishing it from many other cryptocurrencies. At its foundation lies a Proof-of-Stake (PoS) consensus mechanism, where validators stake their tokens to secure the network and process transactions. This method stands in stark contrast to the energy-intensive Proof-of-Work systems of older blockchains like Bitcoin, offering a more sustainable and efficient alternative. To manage high transaction volumes, TON incorporates sharding, a technique that divides the blockchain into smaller, parallel chains, enabling simultaneous transaction processing and significantly boosting scalability. Beyond its core architecture, TON supports smart contracts, opening the door for developers to create decentralized applications (dApps) tailored to diverse needs, such as payments or gaming. The platform also extends its functionality with TON DNS, a decentralized domain name system, and TON Storage, a file storage solution, enhancing its scope as a comprehensive blockchain ecosystem. Together, these attributes position TON as a sturdy backbone for both everyday financial activities and intricate decentralized innovations, paving the way for a wide range of future projects. Use Cases and Applications TON’s real-world value springs from its deep integration with Telegram, a messaging giant boasting over 700 million active users. This massive user base serves as a powerful launchpad for TON’s adoption. Within Telegram, the cryptocurrency facilitates seamless peer-to-peer payments, allowing users to transfer tokens directly to one another with ease. It also powers the app’s “gifts” feature, where people can buy and send virtual gifts, all processed efficiently on the TON blockchain. According to data from the Dune analytics platform, the total market cap of these Telegram gifts exceeded $200 million, which points to the growing popularity and acceptance of TON technology among users. Taking this a step further, developers can build Telegram Mini Apps that operate within the platform, leveraging TON for transactions and other functions-a development that could evolve Telegram into a “super-app” akin to some kind of China’s WeChat, where users access an array of services without leaving the interface. Outside of Telegram, TON’s versatility shines through its support for smart contracts, making it an appealing option for decentralized finance (DeFi) initiatives like lending platforms and decentralized exchanges. Its low-cost, high-speed transactions also make it ideal for non-fungible tokens (NFTs) and blockchain-based gaming, while its efficiency positions it as a promising tool for global payments, particularly in regions with limited financial infrastructure. As Telegram continues to improve its ecosystem, the role of TON is expected to grow, which could lead to widespread adoption of the cryptocurrency around the world. Market Position and Further Potential The cryptocurrency field is home to many notable players, and TON is one of them. As of mid-2025, its market capitalization stands at approximately $8 billion, ranking it among the top 20 cryptocurrencies globally. Moreover, as Pavel Durov noted, TON has become the number one blockchain in terms of daily NFT trading volume, which only strengthens more its position in the market and demonstrates its leadership in the rapidly growing segment of non-fungible tokens. Its daily trading volume of around $200 million signals robust liquidity and investor engagement. Also several elements underpin TON’s promising trajectory. Telegram’s vast and active user base provides an unparalleled advantage, offering a ready audience that could accelerate adoption as blockchain features are further integrated into the app. Additionally, TON’s forward-thinking design, with its emphasis on scalability and efficiency, sets it apart from older, less agile blockchains, attracting both developers and users seeking cutting-edge solutions. The growing synergy between TON and Telegram, combined with the rising mainstream acceptance of cryptocurrencies, points to a strong future. Industry observers suggest that TON could ascend into the top 10 cryptocurrencies, propelled by its innovative technology and the strategic advantage of its Telegram ecosystem, positioning it as a formidable contender in the blockchain race. Investment Considerations TON presents to us with a compelling blend of potential rewards and inherent uncertainties. Its tight integration with Telegram offers a distinct edge, as few cryptocurrencies can tap into such an expansive and engaged user pool, potentially driving demand as the platform introduces more blockchain-based functionalities. The cryptocurrency’s advanced technological framework further enhances its appeal, equipping it to support the next generation of decentralized applications, from DeFi to NFTs, which could translate into significant growth if Telegram’s monetization efforts succeed. However, this opportunity comes with caveats. TON’s history, including its earlier regulatory tussle with the SEC, serves as a reminder of the persistent legal and compliance challenges that could shape its path forward. Like its peers, TON is not immune to the crypto market’s characteristic volatility, with prices susceptible to rapid shifts caused by sentiment or external events. It also faces fierce competition from entrenched giants like Ethereum and fast-rising networks like Solana, all battling for supremacy in the blockchain space. Despite these hurdles, TON’s unique strengths and strategic positioning make it an intriguing prospect for observation and possible investment in the future. TON is more than just a cryptocurrency, it’s a blockchain platform with the potential to transform digital interactions, especially within the extensive Telegram ecosystem. Its innovative technology, coupled with Telegram’s global reach, sets the stage for pretty notable growth in the years ahead. Though challenges like regulation and competition persist, TON’s prospects remain promising.
CRYPTO:TONUSDLong
by juliakhandoshko
GOLD (XAUUSD): Your Trading Plan Explained⚠️GOLD is currently at a crucial daily horizontal support level. It is consolidating within a horizontal range on the 4-hour chart, showing a positive bullish reaction and testing the range's resistance. A breakout above this resistance with a 4-hour candle close would signal strong bullish momentum, potentially leading to further gains, with the next target at 3437. Conversely, a bearish breakout below the support could initiate a downward movement.
TVC:GOLD
by linofx1
5
DeGRAM | GOLD kept the rising channel📊 Technical Analysis ● Price rejected the channel roof near 3 435 again, carving a small evening-star and slipping back under the May trend-median 3 370 — a repeat of April/May fades. ● Bearish RSI divergence plus a break of the micro up-sloper (last three sessions) tips for a rotation toward the lower rail/3 295 support; loss of that opens the April pivot at 3 225. 💡 Fundamental Analysis ● Sticky US retail-sales and hawkish Fed comments keep 2-yr yields near 4.8 %, firming the DXY, while CFTC data show specs cutting longs for a second week — limiting bid depth. ✨ Summary Sell rallies 3 410-3 430; sustained trade below 3 366 targets 3 295, stretch 3 225. Short view void on an H4 close above 3 450. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
FOREXCOM:XAUUSDLong
by DeGRAM
2
DeGRAM | ETHUSD held the trend line📊 Technical Analysis ● Price just printed a long-tailed rebound on the 4-month purple up-trend and the 2 520-2 560 demand strip, also reclaiming a broken pennant base—confirming a fake breakdown and locking the zone as fresh support. ● A higher-low sequence is compressing against the descending 2 650 trend cap; a 4 h close above it activates the 2 723 horizontal target and projects the channel-median swing toward 2 865. 💡 Fundamental Analysis ● Net staking deposits keep outpacing withdrawals while CME ether futures open-interest hit a six-week high, signalling renewed institutional hedging ahead of the spot-ETF ruling and supporting upside bias. ✨ Summary Buy 2 540-2 580; clearance of 2 650 aims 2 723, stretch 2 865. Invalidate below 2 450. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
Why Silver Could Outperform Gold in the Coming Months? Silver recently broke out above the key 34.85 resistance level, and this could be a game changer for the medium-term outlook. With rising concerns over government debt, trade uncertainty, and escalating geopolitical risks, gold rallied strongly from 2000 to 3500. Gold and silver typically have a high correlation, and silver tends to follow gold. However, during the latest tariff-driven rally, gold pushed toward 3500 while silver failed to keep up. So, why did gold outperform silver this time? The answer lies in the demand dynamics. Gold demand primarily comes from the investment side, while silver demand has traditionally been balanced around 50% investment and 50% industrial use. That balance has now shifted significantly. According to the Silver Institute, only 17.8% of 2025 silver demand is expected to come from investments. If we group jewelry and silverware with investment as a “store of value” category, the mix becomes 61% industrial and 39% investment. This shift has been driven by a surge in silver demand from the electrical and electronics sector. The growth of clean energy and AI technologies has accelerated silver usage. In fact, the electrical and electronics sector is projected to account for 40.5% of total silver demand in 2025. This explains why slowing global trade and economic activity have had a more negative effect on silver compared to gold, pushing the gold/silver ratio to historically high levels. That said, this same dynamic could fuel silver’s rise in the coming years, supported by long-term trends in clean energy and advanced technology. The breakout of 34.85 is a significant technical development . Silver has been in an active uptrend channel since 2024, but the 34.85 level repeatedly capped upward moves since October. With this breakout, silver now has room to rise gradually toward the upper boundary of the channel, potentially reaching near 40. Key support levels to watch are 34.85 and 34.45. As long as they hold, the primary direction remains upward. The moves may be gradual but could include sharp surges and continuation patterns like flags.
OANDA:XAGUSDLong
by ftdsystem
BankNifty levels - Jun 18, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Nifty levels - Jun 18, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Although many were anticipating a strong move upside on the open, we stuck to our guns and the algo which gave us the bias level as bearish below. Although we wanted a little bit higher, this worked well today with nearly all our bearish below target being completed again in one day apart from the remaining 3380. For this reason, we'll stick with the plan for now with resistance now being the 3406 level which if held can force us down further into the level given before a potential RIP. With FOMC around the corner, we can expect some choppy and ranging price action tomorrow so tread carefully on the markets if you're less experienced. KOG’s bias of the week: Bearish below 3465 with targets below 3425✅, 3420✅, 3410✅ and 3406✅ Bullish on break of 3465 with targets above 3477, 3485, 3492, 3495 and 3503 Red Boxes: Break above 3435 for 3443, 3448, 3465 and 3476 in extension of the move Break below 3420 for 3410✅, 3406✅, 3397✅, 3385✅ and 3380 in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
12
SPX500 Under Pressure Amid Renewed Israel-Iran TensionsSPX500 Overview Israel-Iran Truce Hopes Collapse Investor hopes for a swift de-escalation between Israel and Iran were quickly shattered as both sides resumed hostilities. The situation intensified further after U.S. President Donald Trump urged Iranian civilians to evacuate Tehran and abruptly ended his participation at the G7 summit, reportedly convening the U.S. National Security Council. These developments have fueled broad risk-off sentiment across markets. Technical Outlook: SPX500 remains under bearish pressure as long as the price trades below 6010. A continued drop toward the key support at 5966 is likely, with a break below this level potentially opening the path to 5938 and 5902. However, if the price stabilizes above 5966 without breaking it, we may see a rebound attempt toward 6010 and 6041. Any signs of negotiation or de-escalation in the conflict could trigger a strong bullish reversal. Support: 5966, 5938, 5902 Resistance: 6041, 6098, 6143
OANDA:SPX500USD
by SroshMayi