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Support and Resistance

DeGRAM | USDJPY retesting the resistance level📊 Technical Analysis ● Four consecutive higher-lows off 140.9 have carved a rising flag that presses the channel roof (144.8); flag depth projects to the April swing-top/ Fib cluster at 147.8 once 145 is cleared. ● Daily RSI holds above 50 and price is now trading back above the broken wedge-cap (142.9), confirming it as demand and tilting risk toward the 150.9 macro ceiling. 💡 Fundamental Analysis ● US 2-yr yields stay >4.70 % after solid ISM-services prices, while BoJ minutes show members preferring “patient” normalisation; the widening policy gap keeps yen funding pressure intact. ✨ Summary Long 142.9-144.0; break of 145 targets 147.8, stretch 150.9. Bull view invalidated on a daily close below 140.9. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
5
DeGRAM | EURUSD reached the resistance level📊 Technical Analysis ● Price has spiked into the confluence of the long-term channel roof (≈1.1615) and a steeper resistance line, printing a rejection candle and bearish divergence on the 1 h RSI. ● The move leaves a lower high versus 13 Jun and snaps the micro up-sloper; a slide back inside the grey 1.1560-1.1520 supply should accelerate toward the mid-June swing floor at 1.1490. 💡 Fundamental Analysis ● Hotter US S&P-global PMIs rekindled Fed “higher-for-longer” chatter, lifting two-year yields and the DXY, while French election uncertainty widens Bund-Treasury spreads—both pressuring EUR. ✨ Summary Fade rallies 1.1580-1.1610; sustained trade beneath 1.1560 targets 1.1520 ➜ 1.1490. Bearish view void on an hourly close above 1.1630. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support
Short
by DeGRAM
1
Hong Kong 50: Bulls Back in Business Above 23,700Monday’s bounce from support at 23,200 has seen the Hong Kong 50 push above minor resistance at 23,700, generating a potential long setup to play the broader improvement in risk appetite seen in recent hours. Longs could be initiated above 23,700 with a stop beneath for protection, initially targeting the June 12 high of 24,429. A break above that would open the door for a possible run towards the March 20 swing high of 24,895. RSI (14) has broken its downtrend and remains above 50, suggesting bullish momentum may be starting to build again. While not yet confirmed by MACD, it’s beginning to curl back towards the signal line above zero, hinting that too may not be far away. Good luck! DS
FOREXCOM:HK50Long
by FOREXcom
#AXSUSDT #4h (Bitget Futures) Falling wedge breakout and retestAxie Infinity just pulled back to 50MA support where it's bouncing, looks ready for recovery towards 200MA resistance and more. ⚡️⚡️ #AXS/USDT ⚡️⚡️ Exchanges: Bitget Futures Signal Type: Regular (Long) Leverage: Isolated (4.0X) Amount: 4.7% Current Price: 2.509 Entry Zone: 2.489 - 2.407 Take-Profit Targets: 1) 2.758 2) 2.991 3) 3.224 Stop Targets: 1) 2.189 Published By: @Zblaba NYSE:AXS BITGET:AXSUSDT.P #4h #AxieInfinity #P2E axieinfinity.com Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +50.7% | +88.7% | +126.8% Possible Loss= -42.3% Estimated Gaintime= 1-2 weeks
Long
by TradingOn
DESTINI - MARK UP PHASE STARTS ?DESTINI - CURRENT PRICE : RM0.400 DESTINI broke above resistance on 12 JUNE 2025 with burst in trading activity. It was the BREAKOUT of ACCUMULATION PHASE and 52 Week High. Today (19 June 2025) the stock touched RM0.380 and reversed back to close higher at RM0.400 - indicating a lot of buying interest near the support level RM0.375 (previously resistance and now become strong support). This is an early stage of an uptrend and is a good opportunity to buy near support level. ENTRY PRICE : RM0.380 - RM0.400 TARGET : RM0.450 and RM0.490 SUPPORT : RM0.375
MYX:DESTINILong
by IMRAN_96
#GBPJPY: UPDATED VIEW 24/10/2024 **GBPJPY UPDATED VIEW BASED ON PREVIOUS ANALYSIS** Dear Traders, I hope you are doing well. Based on our previous analysis of GBPJPY, we identified two potential selling opportunities within the market. However, the bullish sentiment in the DXY currency pair has had a significant impact on JPY, causing it to fall short of its full value within the daily timeframe. As of today, we have observed a potential exhaustion of DXY’s bullish momentum, with four-hour candles indicating a strong bearish pressure. This development presents an opportunity for JPY to rebound, potentially allowing us to secure substantial profits within the market. Now, let’s focus on the GBPJPY currency pair. The price has extended its bullish trend, although there is a possibility of a reversal from its current position. We recommend implementing appropriate stop-loss orders for any sell entries taken from the current market price. If the initial entry fails, we are confident that the price is likely to reverse from our second entry. Before making any decisions based on this analysis, it is essential to conduct your own research. This analysis is solely for educational purposes and should not be considered financial advice. We appreciate your feedback and support. If you find our work valuable, please consider liking and commenting on our ideas. Additionally, following us will provide us with encouragement and motivation. Best regards, Team SetupsFX_
Short
by Setupsfx_
21
USD/CAD: Failed Break Leaves Bears in ControlWhether it’s Monday’s bearish pin candle, the rejection at the 50-day moving average, or what increasingly looks like an evening star pattern forming, directional risks for USD/CAD look to be skewing lower following the false break of 1.3750. Those looking to position for renewed weakness could initiate shorts beneath 1.3750, with a stop above the level to guard against a reversal. 1.3650 and 1.3550 both stand as prospective targets, depending on the risk-reward profile you're seeking. While momentum indicators are off their lows, with RSI (14) rolling over beneath 50 and MACD still in negative territory, the overall picture continues to favour downside over upside. For those considering the setup, be aware Canadian inflation data will be released later Tuesday, with the key core rate (the average of the median and trimmed mean reads) expected to ease marginally to an annual clip of 3%. While offshore factors remain the dominant driver of USD/CAD moves, a stronger-than-expected result would likely benefit the trade. Good luck! DS
Short
by FOREXcom
Buy gold, there may be a rebound in the short termAt present, gold has touched the area of ​​3325-3315 mentioned in my previous article, and the lowest price is around 3316. At present, due to the current important support area of ​​3310-3300 below, gold still has a rebound demand in the short term; although gold has not rebounded sharply at present, the downward momentum has indeed slowed down, and gold may rebound after the short force is consumed. Moreover, the ceasefire between Iran and Israel has not yet been settled. Moreover, the ceasefire between Iran and Israel has not yet been settled. With the fluctuating situation in the Middle East, bulls may have opportunities to counterattack. However, the current performance of gold is indeed relatively weak, so there is no need to expect gold to rebound and fill the upper gap area of ​​3360-3370 in the short term; in trading, the rebound expectation can be appropriately lowered, and long positions can continue to be held and look up to the 3340-3350 area.
OANDA:XAUUSDLong
by Steffen_Schade
GBPUSD Breakdown The Ascending Channel selling strong 📉 GBPUSD Breakdown Alert – 4H Timeframe Cable has broken down from the ascending channel with a strong bearish candle, confirming seller strength. We're now eyeing short setups from 1.34400. 🎯 Technical Targets 🔻 1st Target: 1.33500 – Demand Zone 🔻 2nd Target: 1.32700 – Demand Zone 🔻 3rd Target: 1.31800 – Major Support 🛑 Stop Loss: 1.36000 – Bearish Order Block (OB) 🔥 Bias: Bearish 🕓 Timeframe: 4H 💡 Strategy: Sell the pullback, ride the momentum. — 💬 Like, comment, and follow for more updates! 🚀 Join our trading squad and level up your analysis! #GBPUSD #ForexSignals #PriceAction #LiviaTrades 😜
Short
by LIVIATRACK
1
Weakness continues, continue to short the bear market📰 Impact of news: 1. Pay attention to Powell's speech in New York 2. Pay attention to geopolitical influence 📈 Market analysis: Gold opened lower and showed a weak situation. The 1H moving average was arranged downward. In the short term, bears still occupied the main trend. From the 4-hour analysis of gold, the bulls still had repeated resistance before breaking down. Once it breaks down, the market will go further bearish. Pay attention to 3330 below. 3400 is still the key above in the short term. Only by breaking through the bulls can the rebound continue. In terms of operation, high-altitude and low-long are temporarily maintained. Pay attention to the short-term resistance of 3355-3365 above, and the support of 3340-3330 below. Pay attention to the breakthrough! Pay attention to Powell's speech in the New York session. 🏅 Trading strategies: SELL 3370-3365-3355 TP 3340-3330 BUY 3340-3335-3320 TP 3345-3355-3365 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. TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell-2
DeGRAM | BTCUSD rebound from the demand zone📊 Technical Analysis ● The BTCUSDT 4-hour chart on KUCOIN highlights a pronounced descending channel, with price action recently rebounding from a well-defined demand zone between 98,000 and 100,000. This green-shaded area has repeatedly acted as a springboard for bullish reversals, as evidenced by the strong wick and immediate recovery after the latest test. The chart also marks a series of lower highs and lower lows, but the most recent price action shows a break in bearish momentum, with a projected zigzag path indicating a potential move toward the 104,970 resistance. The confluence of the lower channel boundary and the demand zone suggests that buyers are stepping in aggressively at these levels, aiming for a retest of the upper resistance band. ● The technical setup is further reinforced by the presence of a major resistance level at 111,977, which has capped previous rallies. The chart’s structure, with its clear trendlines and highlighted resistance and support zones, points to a tactical opportunity for bulls to capitalize on the oversold conditions. The anticipated path, as drawn on the chart, suggests a gradual recovery with intermittent pullbacks, targeting the 104,970 area as the next significant hurdle. The overall pattern indicates that while the broader trend remains bearish, the immediate outlook favors a corrective rally from the current demand zone. 💡 Fundamental Analysis ● Recent fundamentals support the technical case for a short-term recovery. Over the past two days, Bitcoin has experienced heightened volatility due to escalating geopolitical tensions, notably US military action in the Middle East, which triggered a sharp sell-off and flushed out leveraged positions. Despite this, institutional accumulation remains robust, with over $1.2 billion in Bitcoin added to corporate treasuries in the last week, and Texas officially establishing a state-managed Bitcoin reserve. On-chain data shows sustained negative netflows from exchanges, indicating that large holders are moving coins to cold storage, a historically bullish signal. Meanwhile, derivatives data reveals a cautious market, with open interest skewed toward protective puts, but spot ETF inflows and long-term adoption trends continue to underpin the market. ✨ Summary ● BTCUSDT is rebounding from a key demand zone, with technicals pointing to a corrective move toward 104,970. The bullish scenario is supported by strong institutional accumulation and strategic adoption, even as short-term volatility persists. A sustained close above 104,970 would open the path to the 111,977 resistance, while a drop below 98,000 would invalidate the recovery thesis. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
1
$BTC Bullish Momentum Building Bitcoin has successfully broken CRYPTOCAP:BTC Bullish Momentum Building Bitcoin has successfully broken above both the $100K support and the 50 EMA at $103K, showing strong signs of bullish continuation. A retest of $103K may occur, but structure now favors the upside. 🔸 Support Now at 103,000 – 100,000 (Acting as Support): The breakout above $103K flips this zone bullish. If a retest holds, it confirms strength and could launch the next leg up. 🔸 Upside Target: 110,324 and Higher Now that BTC is trading above $103K, a move toward $110K+ is likely. If momentum continues, a breakout beyond the previous high could follow. 🔸 Risk Level at 103K: As long as BTC holds above this level on retest, bulls remain in control. A break back below would weaken the setup. 🔸 Outlook: 🔹 Watch for a successful retest of $103K – that’s your long trigger. 🔹 Target zone: $108K → $110K+ 🔹 Invalidation: Close back below $103K Momentum shifting bullish — setup favors continuation higher unless invalidated. Stay alert for breakout volume.
BITSTAMP:BTCUSDLong
by CryptoSkullSignal
1
Hype's path to $55BYBIT:HYPEUSDT.P is currently forming a wedge shape pattern, is it indicating that it will break out and follow Path A, the blue path? I'm not so sure, I am sure we'll hit $55 either way. If we take the red path, Path B, we'll come down to some heaviy support which could give us the fuel needed to get to $55 Out of all of the oscillators I was using, all except the chop zone on the daily mind you, were in bearish mode. So logically one would choose the red Path B right? I can't wait to see how this plays out, shall we dip some and buy some more BYBIT:HYPEUSDT.P on Path B or experience more of a continuation of the current trendline to $55? Let me know what you think in the comments, that'ls all for today, let's go HYPE!!! straight to $55!
Long
by SakisBack
Gold Outlook: Bullish Bias Builds🧠 Combined Market Intelligence Report Focus Asset: XAU/USD (Gold/USD) Current Price: $3,381.65 🌍 Macro Overview: Key Weekly Market Themes 🏦 Central Bank Policy Divergence Federal Reserve: Held rates steady; Powell struck a more cautious tone. Seven members now forecast no cuts in 2025. Rate cut probability softened early in the week, then revived after Fed Governor Waller hinted at a possible July cut. Swiss National Bank (SNB): Cut rates to 0.00%, surprising markets and signaling potential for negative rates if needed. Bank of Japan (BOJ): Maintained rates at 0.50%, slowed bond tapering, signaled caution amid trade and inflation uncertainty. ECB & BOE: Mostly neutral/dovish tones. ECB may cut in 6 months; BOE remained split. 🧩 Implication: Diverging monetary paths and policy uncertainty support demand for neutral reserve assets like gold. ⚔️ Geopolitical Risk: Israel-Iran Conflict Markets opened bullish on gold due to de-escalation signals from Iran, but risk-off sentiment returned midweek after: Trump’s “unconditional surrender” demand Iran’s “irreparable damage” threat Reports of possible U.S. strikes By Friday, Trump hit “pause” for 2 weeks of diplomacy. 🧩 Implication: Geopolitical tension is unresolved. Gold remains a top safe-haven hedge as military conflict risk persists. 📉 Macro Data Weakness U.S. Retail Sales: -0.9% (vs. -0.4% expected) U.S. Industrial Production: -0.2% Philly Fed Manufacturing: -4.0 UK Retail Sales: -2.7% m/m Eurozone Wage Growth: 3.4% y/y (missed expectations) Australia Jobs: -2.5k (vs. +15k expected) 🧩 Implication: Global slowdown signals strengthen gold’s appeal as a defensive and inflation-hedging asset. 📊 Technical Outlook for XAU/USD (Gold) 🔹 Current Price: $3,381.65 🔸 Key Indicators (1D) Indicator Value Signal RSI 55.65 Slightly bullish (>50) Stochastic %K / %D 51.23 / 53.33 Neutral zone Williams %R -44.18 Mid-range, no strong signal Bollinger Mid-Band 3,381.55 Price = BB midline (balance point) Keltner Mid-Channel 3,381.94 Matching price (consolidation) 📍 Key Price Levels Support: $3,360 → $3,345 Resistance: $3,410 → $3,430 Breakout Point: Close above $3,410 confirms upside momentum Breakdown Point: Close below $3,360 confirms renewed selling pressure 📈 Forecast for Gold (XAU/USD) – Next 1–5 Days 🔮 Fundamental Bias: 🔼 Mildly Bullish Unresolved geopolitical tension = sustained safe-haven flows Global economic softness = pressure on real yields Mixed Fed tone, SNB cut = supportive macro backdrop for gold 📉 Technical Bias: 🔁 Neutral to Bullish RSI above 50, price above major midlines = buyers still in control Consolidation at key pivot level ($3,381) suggests accumulation, not exhaustion If price breaks above $3,410 and sustains, rally toward $3,430–3,460 is likely If price breaks below $3,360, watch for a retest of $3,345–3,330 support zone 🎯 Final XAU/USD Forecast Summary Time Frame Direction Price Targets Confidence Risk Catalyst 1–2 Days 🔁 Sideways-to-Bullish $3,390 → $3,410 Moderate News on Fed, Trump-Iran 3–5 Days 🔼 Bullish $3,430 → $3,460 High Breakout + geopolitics Bearish Case 🔽 If < $3,360 $3,345 → $3,330 Moderate Peace deal + strong USD ⚠️ Trade Considerations If bullish breakout (> $3,410) → potential swing trade toward $3,460 If failed breakout (< $3,360) → reversion trade toward $3,330 Avoid aggressive positions until volatility picks up, as current setup is range-bound with breakout potential. The Support and Resistance outlined in green and red are the respective support/resistance for this pair currently for 1M-1Y timeframes! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
OANDA:XAUUSDLong
by TradeWithTheTrend3344
XAUUSD: Likely rebound at major point within Ascending ChannelPrice is currently undergoing a corrective phase after being strongly rejected at the upper boundary of the ascending channel. The recent pullback has pushed price back to the lower boundary of the channel, where buyers are now attempting to step in. If buyers manage to defend this support level, we could see a move toward the midline of the channel, with the next key target at 3,420 USD. A breakout above this midline would confirm the continuation of the bullish trend, potentially driving price back to the upper boundary. However, failure to hold the trendline support could weaken the bullish outlook, leading to a potential breakdown and further downward pressure. Price action near this critical area will be key to determining the next directional move. Traders should watch for candlestick patterns and volume confirmation. As always, effective risk management is essential when trading this setup. If you have any thoughts on this setup or additional insights, feel free to share them in the comments!
OANDA:XAUUSDLong
by ChartJessica
EURUSD is in a Downside DirectionHello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Short
by ForexMasters2000
GBPUSD – Bearish Set-up Maintains Its GripGBPUSD – Bearish Set-up Maintains Its Grip The bearish scenario for GBPUSD remains valid, aligning with our previous analysis. Despite expectations of a softer U.S. dollar, ongoing geopolitical tensions—particularly the escalating war—have sustained dollar strength. This resilience in the dollar undermines any near-term bullish recovery for GBPUSD. Resistance zone 1.35500 / 1.36000 Support Levels 1.33500 / 1.32500 Technically, the pair continues to trade under key resistance zones, with lower highs confirming bearish momentum. Unless we see a decisive shift in the geopolitical narrative or major macroeconomic data supporting GBP recovery, the bearish bias remains intact. you may find more details in the chart Ps Support with like and comments for more analysis.
Short
by MrMartin_11
1