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EUR/AUD Forms Bearish Lower High for Next Leg Down!Timeframe: 1-Hour (H1) Ideal for swing or position-based intraday trades. Entry Area (Supply Zone): Price is reacting from 1.75850 – 1.75970 — strong resistance from prior structure. Bearish Pattern: Clear lower highs and supply test failure with rejection — confirms sellers' control. Stop Loss: Placed just above the resistance zone near 1.75976. Target Zone (Demand): Final green demand zone around 1.73880 – 1.74000 — key support and recent low. Bearish Wave Projection: Marked by consistent lower lows and tight bearish continuation structure. Risk-to-Reward: Very healthy setup with approx. 1:3+ RRR (ideal for professional entries). ================================================================== Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TradZoo
Natural Gas Slowed Down For A Correction Within UptrendEU Commission will propose in June banning Russian gas and LNG imports under new deals and existing spot contracts by end-2025. Natural gas slowed down recently, but despite that retracement, we see it as an ABC correction after a potential leading diagonal formation from the lows. It actually stopped perfectly at the former wave 2 swing low and 61,8% Fibonacci support area, from where we may now see a bullish continuation, especially if it recovers back above 4.15 bullish confirmation level.
NYMEX:NG1!Long
by ew-forecast
EURJPY BULLISH OR BEARISH DETAILED ANALYSIS ??EURJPY is currently trading around 162.800 and showing clear bullish momentum after a clean bounce off a strong support zone. Price has been consolidating above a well-established demand area, and today's candle confirms renewed buyer interest. The reaction from this level highlights a potential shift back to the upside, with 169.000 marked as the next significant target. The rejection wicks and structure suggest accumulation, with the market gearing up for a bullish continuation. From a fundamental perspective, the euro is gaining strength on the back of better-than-expected economic data across the eurozone, while the Japanese yen continues to face broad pressure due to the Bank of Japan's dovish stance. The BOJ remains committed to ultra-loose monetary policy, which puts the yen at a disadvantage against stronger currencies like the euro, especially when inflation expectations in Europe remain sticky. Technically, EURJPY has respected this support zone multiple times, creating a solid base of demand. Each test has been met with higher lows, reinforcing the bullish bias. The price action is forming a classic support-retest continuation pattern, and if this structure holds, we could see a swift move toward 169.000. Volume and momentum indicators are also beginning to align in favor of the bulls. Looking forward, as long as price holds above the 162.200 area, the path of least resistance remains upward. Traders will be watching for continuation signals and breakouts of minor resistance zones to confirm the move. This setup offers a favorable risk-reward structure, and with market sentiment tilting toward euro strength, EURJPY has the potential to deliver solid gains in the coming sessions.
Long
by AndrewsMarket-Mastery
3
Equity Research - TATA MOTORS LTD 📈 Buy Zone: ₹670.50 – ₹680.30 🎯 Target: ₹740.00 🛑 Stop Loss: ₹641.70 💹 CMP: ₹680.30 Technical Highlights: ✅ Bullish volume spike ✅ RSI above 60 – strong momentum ✅ Price above 20EMA & 50EMA ✅ Breakout and retest on 15m & 1H chart ✅ Good risk-reward setup 📊 Strategy: Wait for confirmation candle on 15min TF above ₹681 for entry. 📉 Stop loss below recent swing low at ₹641.70. For Education Purposes Only
NSE:TATAMOTORSLong
by rmhetre15
Gold Ahead of FOMC – China Rate Cut Shocks Market as USD Surges⚠️ Gold Ahead of FOMC – China Rate Cut Shocks Market as USD Surges Gold (XAU/USD) is facing a pivotal moment after a dramatic correction from $3,435 down to the 3,360s, triggered by a combination of surprising policy moves and rising macro uncertainty. 🧭 Macro Recap: Why Did Gold Drop? 🇨🇳 China unexpectedly cut interest rates by 10 basis points ahead of a key trade dialogue with the US. ➤ This supports global liquidity sentiment but simultaneously strengthens the USD in the short term. 💵 DXY surged, taking advantage of China's rate cut — adding pressure to gold. ⚠️ Geopolitical tensions in South Asia (India–Pakistan) resurfaced but failed to lift gold. ➤ This hints that the current correction is more dollar-driven than risk-off in nature. 🏛️ All eyes now shift to FOMC later today, where Fed policy will dictate gold’s next major move. Will Powell surprise markets with dovish signals, or does this China cut hint at coordinated central bank play before a wider easing cycle? 📊 Technical Outlook – Gold in Volatile Expansion Despite the macro volatility, gold continues to respect key liquidity zones and high-volume clusters on the chart. However, momentum is broad and inconsistent — requiring traders to react to confirmed breaks, not early assumptions. 🔺 Resistance Levels: 3390 → 3402 → 3416 → 3425 → 3432 → 3444 → 3468 🔻 Support Levels: 3365 → 3356 → 3332 → 3314 🎯 Trade Strategy – 7 May 2025 (FOMC Day) 🟢 BUY SCALP Entry: 3355 SL: 3350 TPs: 3360 → 3364 → 3368 → 3372 → 3376 → 3380 🟢 BUY ZONE (Mid-Term Opportunity) Entry: 3332 – 3330 SL: 3326 TPs: 3336 → 3340 → 3344 → 3348 → 3352 → 3358 → 3365 ⚠️ Key BUY Level: 3314 – 3312 This is a critical level for bulls — aligned with 0.5 FIBO retracement and previous demand flip zone. However, a move here could invalidate structure and signal deeper bearish pressure. Use caution. 🔴 SELL SCALP Entry: 3430 – 3432 SL: 3436 TPs: 3425 → 3420 → 3415 → 3410 → 3400 🔴 SELL ZONE (High-Risk Short) Entry: 3468 – 3470 SL: 3474 TPs: 3464 → 3460 → 3455 → 3450 → 3445 → 3440 → 3430 🧠 Final Thoughts: Gold remains range-bound but extremely reactive to macro news. Today’s FOMC meeting could be a game changer. Whether the Fed maintains its current stance or signals dovish pivot will determine the direction for the rest of the week. 🎯 In times like this, it’s not about picking tops or bottoms — it’s about trading the reaction and protecting your capital. ✅ Stick to SL. ✅ Let price confirm. ✅ Be prepared for high volatility spikes. Good luck, traders — and stay sharp.
OANDA:XAUUSDLong
by MMFlowTrading
Nightly $SPY / $SPX Scenarios for May 7, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 7, 2025 🔮 🌍 Market-Moving News 🌍 🏛️ Fed Decision Day Amid Tariff Pressures The Federal Reserve concludes its two-day meeting today, with expectations to maintain the benchmark interest rate at 4.25%-4.5%. Despite President Trump's calls for rate cuts, the Fed remains cautious due to inflationary risks from new tariffs and migration policies. 📈 U.S.-China Trade Talks Resume U.S. stock futures rose overnight on news of upcoming high-level trade talks between the U.S. and China, marking the first discussions since the imposition of 145% tariffs on Chinese goods. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with senior Chinese officials later this week. 🛢️ Oil Prices Rebound on Demand Hopes Oil prices climbed as U.S. production declined and demand in Europe and China showed signs of recovery. Brent crude rose 0.6% to $62.52 per barrel, while U.S. West Texas Intermediate increased 0.74% to $59.53 per barrel. 💼 Key Earnings Reports Ahead Several major companies, including Uber ( NYSE:UBER ), Disney ( NYSE:DIS ), and Novo Nordisk ( NYSE:NVO ), are scheduled to report earnings today. Investors will be watching these reports for insights into corporate performance amid ongoing economic uncertainties. 📊 Key Data Releases 📊 📅 Wednesday, May 7: 2:00 PM ET: Federal Open Market Committee (FOMC) Meeting Announcement 2:30 PM ET: Fed Chair Jerome Powell Press Conference 3:00 PM ET: Consumer Credit Report (March) ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYLong
by TrendTao
4
Wed 7th May 2025 XAU/USD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD Buy. Enjoy the day all. Cheers. Jim Note: This isn’t a great setup as price is already at the previous high and the MACD is just below the zero level. But I had to take it because I am committed to my MSH (multi sequence hedging) strategy. So if you are a traditional type trader, then standing aside on this trade would probably be the smart thing to do.
EIGHTCAP:XAUUSDLong
by JAGfx
1
"Nifty 50 Eyes Breakout from Key Support Zone"**Support Zone (Red Rectangle)**: * Strong support between ₹24,290 – ₹24,340. * Multiple price bounces have occurred here, indicating demand presence. **Resistance Levels**: * **Immediate resistance**: ₹24,409.65 (horizontal red line) * **Next resistance**: ₹24,494.45 **Support Levels**: * **Immediate support**: ₹24,290 * **Next support**: ₹24,240.65 **RSI (Relative Strength Index) – 14 Period** * RSI is at **36.25**, near the oversold region. * Indicates the index may be poised for a short-term bounce. * Positive RSI divergence is not yet confirmed but should be monitored. --- **Bullish Scenario**: * A breakout above the black descending trendline (\~₹24,360) with volume can lead to: * First target: ₹24,409.65 * Second target: ₹24,494.45 * Supported by wedge breakout and RSI recovery. **Bearish Scenario**: * Breakdown below ₹24,290 zone can trigger a fall to: * First target: ₹24,240.65 * Second target: Lower bound of ascending channel (\~₹24,060)
NSE:NIFTY
by Price_actiontaker14
TURBO ANALYSIS🔆#TURBO Analysis : Channel Following ⛔️⛔️ As we can see that #TURBO is following ascending channel on 4h time frame. We can see a bullish formation here. And if it trade with good volume then we can see a proper bullish move in #TURBO📈📈 🔖 Current Price: $0.005610 ⏳️ Target Price:   $0.006160 ⁉️ What to do? - Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸 #TURBO #Cryptocurrency #ChartPattern #DYOR
Long
by ZEUS_Market_Alerts
S&P500 -Weekly forecast, Technical Analysis & Trading IdeasPrevious forecast result: As you can see in the 4CastMachine forecast on 12/03/2025, the price, after rejecting the sell zone, began its sharp decline and touched all TPs. Midterm forecast: While the price is below the resistance 6149.57, resumption of downtrend is expected. We make sure when the support at 4804.01 breaks. If the resistance at 6149.57 is broken, the short-term forecast -resumption of downtrend- will be invalid. CSEMA:S&P Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 4807.10 on 04/07/2025, so more gains to resistance(s) 5698.65, 5791.00, 5896.50 and maximum to Major Resistance (6149.57) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 55. Take Profits: 5509.32 5363.90 5261.00 5122.47 4944.41 4804.01 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
VANTAGE:SP500Short
by ForecastCity
17
MarketBreakdown | AUDUSD, EURAUD, US100, CHFJPY Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #AUDUSD daily time frame 🇦🇺🇺🇸 The pair has completed a bullish accumulation and violated a resistance line of a horizontal range on a daily. A new higher high higher close confirms a strong bullish sentiment and a highly probably continuation of an uptrend. 2️⃣ #EURAUD daily time frame 🇪🇺🇦🇺 The price has recently violated a significant daily support cluster. After a breakout, the price dropped but did not manage to reach any important demand zone so far. The closest one is based on 1.742 level. It will most likely be the next goal for the sellers. 3️⃣ #US100 daily time frame The market is currently retesting a recently broken massive daily demand cluster. I believe that the growth will resume soon and the price will reach 20300. 4️⃣ #CHFJPY daily time frame 🇨🇭🇯🇵 The pair is currently testing a critical contracting demand zone based on a rising trend line and a horizontal support. I will expect a strong bullish reaction to that. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
1
Taiwan Dollar Weakens Past 30 per USD Amid Trade Rumors and CentThe Taiwanese dollar weakened past 30 per USD on Tuesday, reversing a two-day rally and retreating from its strongest level in nearly three years. 📉 Recent gains in Asian currencies like the TWD and MYR were fueled by speculation over regional support for U.S. trade talks. However, Taiwan’s central bank denied any such coordination, stating the U.S. made no formal request. President Lai Ching-te also warned against spreading misinformation. 🔧 As a key player in global chip production, Taiwan remains highly exposed to shifts in trade dynamics and geopolitical risks.
IG:TAIWAN
by ChartMage
XAG/USD Stable Ahead of Fed DecisionSilver (XAG/USD) held steady on Tuesday, underpinned by safe-haven demand as U.S. tariff tensions and global growth concerns persisted. Although the U.S. dollar saw a slight recovery, silver maintained its ground with markets focused on the upcoming Federal Reserve policy decision. Expectations for unchanged rates and possible future easing could continue to lend support to silver in the near term. The first resistance is seen at $33.80, with higher levels at $34.20 and $34.85 if momentum builds. Support begins at $32.00, followed by $31.40 and $30.20.
FOREXCOM:XAGUSD
by ChartMage
Gold Climbs on Safe-Haven DemandGold climbed to nearly $3,360 per ounce on Tuesday, marking its highest level in over a week, as renewed tariff threats from President Trump increased safe-haven demand. Trump announced a 100% tariff on foreign films and signaled upcoming measures targeting pharmaceuticals. Investors are now focused on the Federal Reserve’s policy decision, with rates expected to stay unchanged despite Trump’s push for cuts. Resistance is expected at $3,385, then $3,450 and $3,500. Support stands at $3,300, followed by $3,265 and $3,200.
EIGHTCAP:XAUUSD
by ChartMage
GBP Falls Ahead of Fed and BOE MeetingsSterling fell 0.24% to $1.3265 on Tuesday as the U.S. dollar firmed ahead of the Federal Reserve’s policy decision, with rates expected to remain unchanged. While the dollar recovered slightly, doubts over its safe-haven appeal and Trump’s tariff stance persist. Markets also await the Bank of England’s meeting, where a 25 bps rate cut is expected. Dovish signals or dollar softness may support GBP/USD. If GBP/USD breaks above 1.3430, the next resistance levels are 1.3500 and 1.3550. Support levels are at 1.3200, followed by 1.3050 and 1.2960.
by ChartMage
Euro Pressured Ahead of Fed DecisionThe euro is trading around $1.1315 on Tuesday, pressured by a stronger U.S. dollar ahead of the Federal Reserve’s policy decision, where rates are expected to remain unchanged. However, the dollar still faces headwinds from doubts over its safe-haven appeal and President Trump’s unpredictable tariff stance. A dovish Fed or continued skepticism toward the dollar may limit euro losses. Resistance levels are seen at 1.1460, then 1.1580 and 1.1680, while support rests at 1.1260, followed by 1.1200 and 1.1150.
by ChartMage
Yen Slips Toward 144 on Stronger DollarThe Japanese yen edged lower toward 144 per dollar on Tuesday, as the U.S. dollar strengthened amid optimism over potential U.S.-China trade talks and investor caution ahead of the Federal Reserve’s policy decision. President Trump suggested a possible reduction in tariffs on Chinese goods. Meanwhile, the Bank of Japan held rates steady but revised its growth and inflation outlook. Trading activity remained subdued due to a public holiday in Japan. Resistance is located at 145.90, followed by 146.75 and 149.80. On the downside, support levels are at 139.70, then 137.00 and 135.00.
by ChartMage