EURUSD / TRADING UNDER DOWNWARD PRESSURE - 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
The prices are currently trending lower, indicating a bearish market sentiment. The next move depends on whether the prices break below or hold certain levels.
Zone between 1.112 and 1.110 , This is identified as a key demand zone, meaning buyers may step in here to prevent further decline. If prices hold in this zone, there’s potential for a reversal upward.
If the price closes below this range based on a 4-hour candle , it suggests continued bearish momentum.
If prices fall below the demand zone, the next target would be between 1.107 and 1.104. This area is likely seen as a FVG , where the price may stabilize or find new demand.
Stabilizing above 1.112 indicates bullish strength and suggests potential upward movement ,The next resistance levels are 1.117 and, if broken, the price could further rise to 1.122.
Supply Zone : 1.117 and 1.125.
Demand Zone : 1.112 and 1.110.
FVG : 1.107 and 1.104.
Supportandresistancezones
Gold OutlookAs Gold was consolidating from two days and have not given any clear direction ⬇️⬆️ now it seems like it has completed its consolidation phase and we can a All time High for this week as we are awaiting for Unemployment claims which can be distributing for TVC:DXY and Gold can fly as the forecast says it has higher ratio than previous week also we will be waiting for Institute of Supply managments data which can power up USD as forecast so we will careful at the time of news tomorrow we will have an important news of NFP which will crucial to decide the direction of Gold for next week
As well as i am concerned what i am seeing through my technical data is Gold has formed a inverse head and shoulder pattern which is a bullish reversal pattern and as i have mentioned in my Chart gold has completed it 2nd shoulder after which i expecte a Boom in price here is important thing to remember is we have an ATH resistance waiting up there price can return from there for tomorrow
Confluence is price is bullish over Monthly to weekly to Daily to H4 to H1
Previously Price has formed its bearish move on H1 but now it has got back to its bullish trend and following bigger time frames
Wish u luck
Sell USD/JPY Channel BreakoutThe USD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 143.77, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 142.13
2nd Support – 141.26
Stop-Loss: To manage risk, place a stop-loss order above 144.60. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
NAS100USD / TRADING INTO SENSITIVE AREA - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The statement mentions that prices began to increase by 10.95% at the beginning of September.
This indicates a strong bullish trend at the start of the month, reflecting optimism in the market or strong performance from NASDAQ 100 constituent companies.
Yesterday's drop of 1.61% indicates a short-term bearish move, suggesting market sentiment has turned negative or there's profit-taking after the earlier rally.
The expectation of a further decline of 2.35% and potentially 3.92% implies that the current bearish sentiment may persist.
Technical Analysis:
Current Market Condition:
The statement suggests that the NASDAQ 100 is trading in a sensitive range between 20,330 and 19,954, and that breaking either of these levels will determine the market's direction.
Upward Condition:
- Target 1: If the price trades above 20,330, it's expected to rise to 20,795.
- Target 2: If the price stabilizes above 20,795, the next target is 20,980.
Downward Condition:
- If the price falls below 19,954, it suggests a potential decline:
- Target 1: A decline to 19,884.
- Target 2: If it breaks below 19,884, further decline is expected to 19,335.
XAUUSD / UNDER TENSTION OF THE MIDDLE EAST - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
After reaching an all-time high (ATH) of $2,686, the price began to decline by 1.60%. This dip is likely due to geopolitical tensions in the Middle East. However, given the instability in the region, the price is expected to rise again, potentially reaching a supply zone between $2,700 and $2,720.
As long as the price remains stable above the $2,637 and $2,614 levels, my target is to see it returning to $2,686. However, a break below $2,614 triggered a further decline, bringing the price down to $2,586 and potentially testing the next support at $2,559.
My Target : 2,586$.
Supply Zone : 2,700$ , 2,720$.
Demand Zone : 2,586$ , 2,559$.
USDJPY / END OF SEPTEMBER AND INTO EARLY OCTOBER - 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
Current Trend:
Prices dropped by 2.55% yesterday, approaching a key support level at 142.231 , If prices break and stabilize below 142.231, further declines are expected , Currently, prices are trading slightly above 142.232, and stabilizing above this level suggests potential increases of 3.50% and 5.00% , The analysis anticipates a possible upward trend towards the end of September and into early October.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 142.231, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 142.231, it's expected to rise to 147.179.
- Target 2: If the price stabilizes above 147.179, the next target is 149.345.
Downward Condition:
- If the price falls below 142.231 , it suggests a potential decline:
- Target 1: A decline to 139.713.
- Target 2: If it breaks below 139.713, further decline is expected to 137.306.
Will XAUUSD Bounce or Slide?Hello Traders!
Today is going to be a tough day because gold can take a lot of sls today because the position of the market is slightly hard to analyse.
so here we have 3 buying levels and 3 selling levels and theres also a news today which would affect us.
Selling levels:
this will work as if market give respect to any of those level and retest it as resistance then we can consider selling.
1. 2639 - 2642
2. 2653 - 2656
3. 2665 - 2671
Buying levels:
also works same as selling levels
1. 2626 - 2623
2. 2614 - 2611
3. 2605 - 2600
we have to monitor the market when it come to these and watch carefully for any breakouts or retest the support or resistance then we can enter.
supporting by follow and liking would be highly appreciated.
USOIL / UNDER BULLISH PRESSURE - 4HUSOIL / 4H TIME FRAME
HELLO TRADERS
Recent Decline , Prices began to drop at the end of September by 7.12%. This indicates a noticeable downtrend, which could be driven by various market factors.
Support Level at 67.22 , Currently, prices are trading slightly above this key support level. If the price breaks below 67.22, it may trigger a further decline of 9.80%.
Potential for Rebound , If the support level holds, a potential rise could occur. Two potential rise targets are a 3.48% increase and a 6.27% increase, depending on how strong the support level is and whether positive momentum returns.
Technical Analysis:
Current Support Level , The price of USOIL is currently above 67.22. This level serves as a critical support point; if prices remain above this, it suggests bullish sentiment.
Target Range (FVG) , If prices hold above 67.22, the analysis predicts an upward movement toward a Fair Value Gap (FVG) area between 68.73 and 69.48. This implies potential buying interest or liquidity in that range.
Further Resistance , If the price breaks through the FVG area, it could rise further to reach a resistance level at 71.74. This indicates a bullish outlook if the upward momentum continues.
Conversely, if the price drops below 67.22, it suggests a bearish trend, potentially declining to 65.24. This indicates a shift in sentiment from bullish to bearish.
SMLT 1H Swing Long Aggressive CounterTrend TradeAggressive CounterTrend Trade
+ long impulse
+ 1/2 correction
+ volumed T1
- support level???
+ volumed 2Sp+
+ weak test
+ first bullish bar closed entry
Calculated affordable stop limit
1 to 2 R/R take profit expandable to Investment trade
Daily CounterTrend
"- short impulse
+ volumed TE / T1
+ support level
+ volumed Sp
+ weak test"
Monthly CounterTrend
"+ short balance
+ ICE level
+ 1/2 correction
+ support level
+ biggest volume manipulation"
LDO/USDT Trading ScenarioAfter reaching a new high of $4.027, the price of LDO significantly declined, dropping to $0.863, which corresponds to a fall of over 78%.
According to the volume profile, the asset broke through the POC volume level at $2.4.
Special attention should be given to the increase in volume in the range of $1.026 to $1.135. This range shows active growth and is approaching the POC level, which could signal a potential reversal and the start of an upward trend.
CAD | CHF - Possible corrective phaseCAD | CHF primarily bullish for a while on HTF, although there is a potential FLIP control of SELLERS. On the other hand, if the price fails to stay above 0.62000, sellers may regain control, bringing the pair back down towards crucial support levels at 0.614000 and 0.61000. A breakdown below these levels would negate the optimistic prognosis for the future.
NOTE:
- this is just solely based on my knowledge and Technical Analysis.
PSO outlookAs the previous market data is concerned the data for PSO shows us a fall in the price of share i am watching ptice to fall to its weekly support level and the price gauge to 155.68 level of support , as well as the trend is concerned stock is in a bearish trend from weekly to daily to H4 to H1 there is some resistance to bearish trend over H4 TF but main trend is breaish price is also forming a Continuation pattern to the bearish trend i am bearish over next week to 155.88 level of support
GbpJpyGJ will fall to its weekly support level as Japanese yen has got back its power last week and is trying push British pound to its lower levels so we will be seeing a downward move in the pair and we have sold it to our support level trader may see a pull back over to its Previous support became resistance level and then a fall to its weekly support
Thanx
XAUUSD /UNDER TENTIONS THE MIDDLE EAST - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Trend:
The price has declined by 1.15% since reaching the ATH , A further decline is anticipated, potentially reaching a 1.80% drop , Despite the decline, the text suggests that there is still upward pressure on the price, indicating a possibility of recovery or resistance against further losses , The author expects that if tensions in the Middle East continue, prices could rise above the ATH by 1.34% in October , This suggests a correlation between geopolitical events and market movements.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 2,600$, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above FVG between 2,650$ and 2,636$ , it's expected to rise to 2,686$.
- Target 2: If the price stabilizes above 2,686$, it suggest to reach new resistance level between 2,700$ and 2,721$.
Downward Condition:
- If the price falls below 2,636$ , it suggests a potential decline:
- Target : A decline to 2,600$.
EURUSD / INSIDE STRAIGHT CHANNEL - 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
Current Trend:
Price Movement: The text discusses a decline in prices by 0.87% , Time Frame: It specifies the time period as the end of September and the beginning of October , Subsequent Increase: After the decline, prices increased by 1.38%.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 1.107, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 1.107, it's expected to rise to 1.120.
- Target 2: If the price stabilizes above 1.120, the next target is 1.124.
Downward Condition:
- If the price falls below 1.107, it suggests a potential decline:
- Target 1: A decline to 1.100.
- Target 2: If it breaks below 1.100, further decline is expected to 11.094.