USDJPY Will Go Lower From Resistance! Sell!
Please, check our technical outlook for USDJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 145.469.
Taking into consideration the structure & trend analysis, I believe that the market will reach 142.516 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Trading-forex
EUR/AUD Short, CAD/JPY Short and GBP/AUD LongEUR/AUD Short
Minimum entry requirements:
• If structured 1H continuation forms, 1H risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of interest.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
GBP/AUD Long
Minimum entry requirements:
• Break below area of value.
• 1H impulse up above area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
EUR/USD Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
EURNZD Will Fall! Short!
Take a look at our analysis for EURNZD.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.899.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.880 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
XAU/USD Outlook: Will Gold Open with a Bullish Gap?XAU/USD Outlook: Will Gold Open with a Bullish Gap?
Date Range: 26th – 30th May 2025
Timeframe: H4 (4-hour chart)
Market Bias: Short-term bullish
🔍 Fundamental Analysis
US–China Trade Tensions:
China halting imports of US goods puts pressure on the dollar (gold tends to move inversely).
Escalating tensions support gold as a safe-haven asset.
Tariff Threats to the EU:
Trump proposes 50% tariffs on EU products → potential retaliatory measures raise global uncertainty.
Risk-averse sentiment may push capital into gold.
Physical Gold Demand:
High seasonal demand from India and China ahead of festivals.
Inflation fears globally increase gold's appeal.
🌍 Macro Overview
Monetary Policy:
The Fed may face pressure to cut rates if trade tensions weaken the economy → bearish for USD, bullish for gold.
PBOC could devalue the yuan in response to trade friction, boosting gold prices in USD terms.
Market Sentiment:
A potential rise in the VIX (fear index) may drive investors towards safe havens like gold.
Strong demand for physical gold and ETFs, particularly in Asia, continues to support price.
Key Events This Week:
US Core PCE (inflation indicator)
US Consumer Confidence
EU and China responses to recent US trade policy
📊 Technical Analysis (H4)
Trend: Clear ascending channel
Current Price: 3,407.554
Key Resistance Levels:
3,407 – 3,444 (major resistance zone)
3,444.436 = potential all-time high
Support Zones:
3,361.648 (channel midpoint)
3,325.347 (lower channel boundary)
Fair Value Gaps (FVG):
FVG 1: 3,361 – 3,407
FVG 2: 3,325 – 3,340
Price Action Note:
A doji candle near resistance suggests a possible short-term pullback before continuation
🔄 Possible Scenarios
🔼 Bullish Scenario (60% probability):
Break above 3,444 with momentum could trigger a bullish gap and extend toward 3,500
Strong fundamental and technical support for upside
🔽 Bearish Scenario:
Rejection from 3,444 may lead to a pullback toward 3,361 or even 3,325 for buy setups
💡 Trade Plan
✅ Long Setup:
Entry: 3,361 – 3,370 (pullback into FVG or mid-channel support)
Take Profit: 3,444 (TP1), 3,500 (TP2)
Stop Loss: Below 3,325
❌ Short Setup (only on confirmed rejection):
Entry: On clear rejection at 3,444 (e.g. bearish engulfing or head & shoulders pattern)
Take Profit: 3,361
Stop Loss: Above 3,444
⏰ Optimal Trading Times
Monitor market open (Sunday, 26th May) for confirmation of a potential bullish gap
Best liquidity during London and New York sessions
📝 Summary:
Gold is well-positioned for a bullish move amid escalating trade tensions and USD weakness.
Watch closely for a breakout above 3,444 or a retracement to 3,361 as a strategic buy zone.
Stay updated on US inflation data and trade policy developments to adjust accordingly.
IS THE BULLISH CHANNEL NEARING EXHAUSTION OR JUST GEARING UP?GBPUSD OUTLOOK – IS THE BULLISH CHANNEL NEARING EXHAUSTION OR JUST GEARING UP?
📊 Macro Overview:
The USD continues to soften slightly as markets begin pricing in a potential rate cut by the Fed later in Q3. Meanwhile, the British Pound (GBP) is holding firm, supported by stronger-than-expected UK macroeconomic data—particularly retail sales and inflation figures.
However, UK fiscal concerns remain a headwind, and GBPUSD is highly sensitive to upcoming U.S. data—especially Core PCE and employment figures this week.
📉 Technical Analysis:
On the 1H chart, GBPUSD is moving within a broad ascending channel and is now approaching the upper resistance trendline at 1.3555 – a key zone that could trigger short-term profit-taking.
EMAs 13 and 34 are still in bullish alignment, supporting ongoing momentum.
Despite the bullish setup, current candle structure suggests a potential pullback to the 1.3448 support zone before a continuation higher—if buyers regain control.
🔑 Key Price Levels:
Resistance Zones:
🔸 1.3555 – Channel top resistance
🔸 1.3586 – Extended resistance zone
Support Zones:
🔹 1.3448 – Technical and Fibo confluence
🔹 1.3398 – Major structure support in case of breakdown
🛠️ Trade Scenarios:
✅ Scenario 1: BUY on retracement
Entry: 1.3448 (watch for bullish confirmation on H1)
Stop Loss: 1.3394
Take Profit: 1.3500 → 1.3555 → 1.3585
✅ Scenario 2: SELL scalp from resistance
Entry: 1.3555
Stop Loss: 1.3588
Take Profit: 1.3500 → 1.3460
🧠 Final Thoughts:
GBPUSD remains bullish in structure but is testing key resistance levels. A clean pullback to the 1.3448 region may provide a strong buying opportunity if confirmed by price action. If this level breaks, bearish divergence could kick in and push the pair back to deeper support zones. Stay alert for high-impact economic releases and trade with solid risk management!
GOLD XAUUSD PLAN – MAY 23 IS GOLD READY TO SURGE AGAIN?GOLD XAUUSD PLAN – MAY 23 | GEOPOLITICAL RISKS FLARE UP – IS GOLD READY TO SURGE AGAIN?
🌍 MACRO CONTEXT:
Iran-Israel-US Tension: Iran has warned that if Israel attacks its nuclear facilities, the U.S. will also be held responsible. Tehran vows to take “special measures” to protect its nuclear program, and has filed formal complaints with the UN. Markets are reacting sharply to this growing geopolitical risk.
Goldman Sachs Alert: Goldman Sachs recommends gold and crypto (Bitcoin) as safe-haven assets amidst soaring bond yields, fiscal crisis fears, and a failed 20-year U.S. Treasury auction. They warn that rising yields are now posing serious threats to equities while the dollar faces longer-term pressure.
📉 TECHNICAL OUTLOOK (M30):
Price has bounced off the 3303 zone, and is showing signs of a bullish breakout if 3360 is taken out.
There is a clear Fair Value Gap (FVG) above 3360–3380, which has yet to be fully filled. Below, the untested FVG zone near 3274–3250 remains vulnerable if support fails.
EMA 13 is trending above EMA 34 and EMA 200 → bullish bias remains valid as long as 3274 holds.
🔑 KEY LEVELS TO WATCH:
SELL Side Key Level: 3358–3360 → A breakout above this zone could lead to a retest of ATH near 3400–3450.
BUY Side Key Level: 3276–3274 → Losing this zone could push gold back below 3200, targeting deeper correction levels.
📈 TRADE SETUPS:
🔵 BUY ZONE: 3276 – 3274
SL: 3270
TPs: 3280 → 3284 → 3288 → 3292 → 3296 → 3300
🔵 BUY SCALP: 3304 – 3302
SL: 3298
TPs: 3308 → 3312 → 3316 → 3320 → 3325 → 3330 → 3340
🔴 SELL ZONE: 3376 – 3378
SL: 3382
TPs: 3372 → 3368 → 3364 → 3360 → 3350
🔴 SELL SCALP: 3344 – 3346
SL: 3350
TPs: 3340 → 3336 → 3332 → 3328 → 3324 → 3320
🧠 FINAL THOUGHTS:
Gold remains highly sensitive to geopolitical headlines and macro instability. As long as the 3303 support area holds, look for bullish continuation towards FVG highs. Break below 3274 may shift the bias sharply to the downside. Stay alert — volatility is expected to rise ahead of the next U.S. data and developments in the Iran nuclear issue.GOLD XAUUSD PLAN – MAY 23 | GEOPOLITICAL RISKS FLARE UP – IS GOLD READY TO SURGE AGAIN?
🌍 MACRO CONTEXT:
Iran-Israel-US Tension: Iran has warned that if Israel attacks its nuclear facilities, the U.S. will also be held responsible. Tehran vows to take “special measures” to protect its nuclear program, and has filed formal complaints with the UN. Markets are reacting sharply to this growing geopolitical risk.
Goldman Sachs Alert: Goldman Sachs recommends gold and crypto (Bitcoin) as safe-haven assets amidst soaring bond yields, fiscal crisis fears, and a failed 20-year U.S. Treasury auction. They warn that rising yields are now posing serious threats to equities while the dollar faces longer-term pressure.
📉 TECHNICAL OUTLOOK (M30):
Price has bounced off the 3303 zone, and is showing signs of a bullish breakout if 3360 is taken out.
There is a clear Fair Value Gap (FVG) above 3360–3380, which has yet to be fully filled. Below, the untested FVG zone near 3274–3250 remains vulnerable if support fails.
EMA 13 is trending above EMA 34 and EMA 200 → bullish bias remains valid as long as 3274 holds.
🔑 KEY LEVELS TO WATCH:
SELL Side Key Level: 3358–3360 → A breakout above this zone could lead to a retest of ATH near 3400–3450.
BUY Side Key Level: 3276–3274 → Losing this zone could push gold back below 3200, targeting deeper correction levels.
📈 TRADE SETUPS:
🔵 BUY ZONE: 3276 – 3274
SL: 3270
TPs: 3280 → 3284 → 3288 → 3292 → 3296 → 3300
🔵 BUY SCALP: 3304 – 3302
SL: 3298
TPs: 3308 → 3312 → 3316 → 3320 → 3325 → 3330 → 3340
🔴 SELL ZONE: 3376 – 3378
SL: 3382
TPs: 3372 → 3368 → 3364 → 3360 → 3350
🔴 SELL SCALP: 3344 – 3346
SL: 3350
TPs: 3340 → 3336 → 3332 → 3328 → 3324 → 3320
🧠 FINAL THOUGHTS:
Gold remains highly sensitive to geopolitical headlines and macro instability. As long as the 3303 support area holds, look for bullish continuation towards FVG highs. Break below 3274 may shift the bias sharply to the downside. Stay alert — volatility is expected to rise ahead of the next U.S. data and developments in the Iran nuclear issue.
USDCAD RETEST OR FRESH DOWNTREND? PRICE AT A CRUCIAL CROSSROAD!USDCAD 22/05 – KEY RETEST OR FRESH DOWNTREND? PRICE AT A CRUCIAL CROSSROAD!
🌐 MACRO BACKDROP:
Canada’s CPI and Retail Sales have come in weaker than expected, signaling sluggish consumer demand and reducing the probability of near-term rate hikes by the Bank of Canada.
Meanwhile, the USD is stabilizing, supported by steady U.S. Treasury yields after the Fed reaffirmed its “higher for longer” stance.
Oil prices, a major driver of the Canadian Dollar, have shown no significant breakout, further weakening CAD’s bullish momentum.
🔍 TECHNICAL OVERVIEW (H1–H4 Chart):
After hitting a key swing low at 1.3820, USDCAD is now retracing towards the 0.5 Fibonacci zone (1.3889 – 1.3913), which also aligns with:
The 200 EMA resistance (red line)
Previous structure rejection zone
➡️ This area is critical – it could act as a trap zone before price resumes downward or breaks to confirm a short-term bullish reversal.
📈 TRADE SETUPS:
🔻 SELL SETUP (HIGH PROBABILITY IF PRICE FAILS AT RESISTANCE):
Entry: 1.3900 – 1.3913
Stop Loss: 1.3930
Take Profit Targets: 1.3884 → 1.3859 → 1.3847 → 1.3820
🔹 BUY SETUP (IF PRICE HOLDS ABOVE THE BASE ZONE):
Entry: 1.3820 – 1.3823
Stop Loss: 1.3805
Take Profit Targets: 1.3847 → 1.3880 → 1.3913
⚠️ STRATEGY NOTES:
Be cautious during the New York session, as potential comments from Fed officials or crude oil updates could spike volatility.
This is a textbook case of “reaction vs. continuation” at a Fibo cluster – stick to confirmed candlestick signals to avoid false breakouts.
📌 FINAL THOUGHTS:
USDCAD is in a corrective rally after an extended decline. The 1.3913 zone is a key decision point. Sellers should watch for signs of exhaustion, while buyers can target short-term retracements if support holds at 1.3820.
STRUCTURE SHIFT OR FALSE BREAKOUT? MAJOR MOVE LOADING? EURUSD 22/05 – STRUCTURE SHIFT OR FALSE BREAKOUT? MAJOR MOVE LOADING?
🌐 MACRO OUTLOOK
The market remains caught between dovish expectations and hawkish reality. While recent US CPI and PPI came in weaker than expected, Fed officials have refrained from confirming any imminent rate cuts, keeping the dollar resilient in the medium term.
Meanwhile, the ECB’s cautious stance and ongoing inflation risks across the eurozone continue to cap euro strength. The divergence in tone between the Fed and the ECB adds to the short-term volatility and uncertainty around EURUSD’s direction.
📉 TECHNICAL ANALYSIS (H1 + H4 Timeframe)
EURUSD has faked a breakout above the 1.1310–1.1320 resistance zone and is now pulling back to the key structure support around 1.1279 — a critical short-term level.
📌 Key Observations:
Bearish engulfing candle formed on H1 after price rejected the upper zone → potential reversal signal.
EMA 13 is crossing below EMA 34 → suggesting short-term downside pressure.
A confirmed H1 close below 1.1279 opens room for deeper retracement towards 1.1234 (previous demand/FVG area).
If momentum builds, we could see a broader correction toward 1.1148 in the coming days.
⚙️ TRADE STRATEGY FOR TODAY
🔻 PRIMARY SCENARIO – SELL THE RALLY
Entry Zone: 1.1315 – 1.1318 (near FVG + fake breakout zone)
Stop Loss: 1.1360
Take Profit Targets:
→ TP1: 1.1279
→ TP2: 1.1234
→ TP3: 1.1148
🔹 ALTERNATE SCENARIO – BUY SCALP ON STRONG REACTION
Buy Entry: 1.1234 – 1.1230 (only with bullish M15 confirmation)
Stop Loss: 1.1210
Take Profit: 1.1279 → 1.1300
🧠 STRATEGIC INSIGHT
A D1 candle close below 1.1234 will confirm a structure break and likely initiate a deeper downward trend.
On the flip side, if 1.1234 holds and US jobless claims disappoint later today, EURUSD may recover back to test 1.131x.
Market sentiment is highly reactive — stay flexible and prioritize price action confirmation.
📌 FINAL THOUGHTS:
EURUSD is at a pivotal point — either confirming a new downtrend or bouncing back within the current range. This is a trader’s market: clear key levels, disciplined risk management, and adaptive execution are essential.
📈 Follow for real-time chart updates, FVG mapping, and more daily trading setups.
Stay smart, stay sharp. Risk management first.
FVG LIQUIDITY & POLITICAL SHOCKS: WILL THE SELLERS STRIKE BACK?GOLD PLAN 22/05 – FVG LIQUIDITY & POLITICAL SHOCKS: WILL THE SELLERS STRIKE BACK?
🌍 Fundamental & Geopolitical Overview:
🔺 Breaking Political News:
On the night of May 21, two Israeli embassy officials were fatally shot near the Jewish Museum in Washington in what’s being labeled an anti-Semitic terrorist act.
→ Former President Trump condemned the attack, calling it “disgusting” and demanding an end to extremism.
→ Events like these typically boost gold as a safe haven, but this time the market appears hesitant.
🔺 Meanwhile, the Federal Reserve remains hawkish, signaling “higher-for-longer” interest rates.
→ This continues to support USD strength, putting downward pressure on gold.
🔍 Technical Outlook (H1):
Gold (XAUUSD) recently topped around 3397, followed by a strong bearish rejection candle at that level.
Two Fair Value Gaps (FVG) are now defining market sentiment:
Upper FVG: 3330 – 3356 (partially filled)
Lower FVG: 3277 – 3247 → highly likely to be targeted if breakdown occurs.
EMA 13 & EMA 34 are flattening out, indicating consolidation within a breakout range.
🧭 Trade Strategy for Today:
🔻 PRIMARY SELL ZONE:
Entry: 3395 – 3397
Stop Loss: 3401
Take Profit: 3390 → 3386 → 3380 → 3376 → 3370
🔻 SELL SCALP:
Entry: 3358 – 3360
Stop Loss: 3364
Take Profit: 3354 → 3350 → 3346 → 3342 → 3338 → 3330
🔵 BUY ZONE:
Entry: 3296 – 3294
Stop Loss: 3290
Take Profit: 3300 → 3304 → 3308 → 3315 → 3320 → 3330 → ???
🔵 BUY SCALP:
Entry: 3316 – 3314
Stop Loss: 3310
Take Profit: 3320 → 3324 → 3328 → 3332 → 3340 → 3350
⚠️ Key Things to Watch:
FBI and White House responses to the DC shooting could ignite renewed risk-off sentiment, pushing gold higher suddenly.
A break above 3400 invalidates today’s setup – expect renewed bullish pressure if that happens.
📌 Pro Tip: Don’t chase the market. Let price come to your zones. Respect SL/TP and manage risk – especially on volatile days like today.
📣 Follow this account for live updates, scalping levels, and macro-triggered trading zones in real time!
#002 GBP/CHF SHORT Investment Opportunity
👋 Hello, I am Forex Trader Andrea Russo, founder of the SwipeUP Method, a professional analysis approach based on 16 integrated modules that combines artificial intelligence, cyclicality, macro data, technical analysis and institutional positioning.
Today I present a new SHORT investment opportunity on GBP/CHF, analyzed and validated according to my DEFINITIVE PROMPT.
📌 Trade Parameters
Pair: GBP/CHF
Direction: Short
Main Timeframe: 8H
Entry Point: 1.10745 (Red/Purple Box Intersection)
Stop Loss: 1.11515 (End of Red Box)
Take Profit: 1.08335 (End of Purple Box)
Risk: ~77 pips
Target: ~411 pips
Risk/Reward Ratio: ~1:5.33
Expected Return: +3.71%
SwipeUP Model Reliability: 91%
🔍 SwipeUP Method Analysis (16 Modules)
1. Multi-timeframe Technical Analysis
Weekly: Correction after Historical Bearish Impulse.
Daily: Bullish Impulse Exhausted Below Key Resistance.
8H: first bearish breakout on dynamic support, with pullback completed.
✔️ Short trend confirmed on H8 and daily.
2. Technical indicators
WaveTrend: complete bearish crossover in overbought zone.
Stochastic: confirmed cross down.
EMA: breakout below all moving averages.
✔️ Total bearish alignment of indicators.
3. Cyclical and harmonic analysis
Harmonic completed (Bat type) with theoretical target in TP zone.
Weekly cycles show exhaustion of the bullish movement.
✔️ Cyclical and short harmonic validation.
4. Mathematics and statistics
Fibonacci 61.8% retracement completed.
127.2% extension targeted as short target.
✔️ Favorable mathematical patterns.
5. Market Sentiment
72% long retail GBP/CHF (fxssi.com).
Favorable misalignment for short.
✔️ Valid contrarian strategy.
6. Institutional positioning
COT: net accumulation in CHF by non-commercials.
CHF seen as a safe haven currency in times of macro uncertainty.
✔️ Big player positioning confirms short.
7. Fundamental and macroeconomic analysis
GBP weakened by persistent inflation and neutral BoE outlook.
CHF supported by conservative SNB policy.
✔️ Fundamental scenario favors short.
8. Implied and historical volatility
Volatility compression in progress → potential imminent directional explosion.
✔️ Optimal technical timing.
9. Pattern Backtesting
Similar patterns on GBP/CHF have shown 78% success.
Average time to target: 6–9 days.
✔️ High historical confidence.
10. Confirmation with AI models
GAN model and Prophet confirm short directionality with 84% probability.
✔️ AI in alignment.
11. Real-time data updates
All information is updated as of May 21, 2025, 15:34 UTC+2.
✔️ Analysis based on fresh and accurate data.
12. Historical study (last 50 years)
Forced bull phases on GBP/CHF followed by medium-term corrections are common in UK-Swiss economic cycles.
✔️ Consistent historical pattern.
USDJPY TRADE PLAN – MAY 21 BIG BREAKOUT AHEAD?USDJPY TRADE PLAN – MAY 21 | FED HAWKISH BUT YEN STAYS WEAK – BIG BREAKOUT AHEAD?
USDJPY is entering a critical technical zone as the market weighs the Fed’s persistent hawkish stance against Japan’s passive approach to the Yen’s depreciation. After a strong rally, we are seeing a potential exhaustion with key levels in play.
🌍 MACRO CONTEXT:
FED remains hawkish: Officials continue to support higher-for-longer interest rates to tame inflation → USD remains firm.
Bank of Japan silence: No signs of FX intervention or rate policy shift, causing ongoing weakness in JPY.
Risk sentiment neutral: Risk-off flows are muted; USDJPY remains trapped in a wide range – awaiting macro catalysts.
📊 TECHNICAL OUTLOOK (H2 CHART):
Price is now correcting within a falling channel.
Price broke below the MA200 and rising trendline, now retesting a key support zone at 143.77.
The current range 141.99 – 144.71 is critical – a breakout from either end may dictate the next medium-term direction.
🎯 TRADE SETUPS FOR TODAY:
✅ SCENARIO A – SELL THE RALLY (PRIMARY BIAS):
If price rejects 144.71:
SELL ZONE: 144.70 – 144.71
SL: 145.10
TP: 143.77 → 143.30 → 142.50 → 141.99
→ Key resistance area – price may trigger strong seller interest.
✅ SCENARIO B – SELL ON BREAKDOWN:
If price breaks 143.77 and retests:
SELL ZONE: 143.60 – 143.70 (post-breakdown entry)
SL: 144.10
TP: 142.50 → 142.00 → 141.99
✅ SCENARIO C – SHORT-TERM BUY (LESS FAVORABLE):
If price reacts positively at 141.99 with bullish confirmation:
BUY ZONE: 141.90 – 141.99
SL: 141.50
TP: 142.50 → 143.00 → 143.77
→ Only take this setup if strong reversal signals appear.
🔑 KEY LEVELS TO WATCH:
Resistance: 144.71 – 145.00 – 148.44
Support: 143.77 – 143.30 – 141.99 – 141.20
📌 FINAL THOUGHTS:
USDJPY remains in a volatile consolidation zone, pressured by a hawkish Fed but lacking JPY strength. Watch for PMI data and Fed comments this week for directional cues. Until then, respect the current range and trade with discipline.
📣 Bias favors SELL from 144.71 unless buyers reclaim full control – trade the reaction, not the prediction!
NZD/USD TRADING PLAN – MAY 21 | RETEST OR CONTINUATION?NZD/USD TRADING PLAN – MAY 21 | RETEST OR CONTINUATION? 🔍
After several steady bullish sessions, NZD/USD is pulling back slightly from the 0.5961 resistance zone. The pair remains within a well-defined ascending channel on the H1 chart and is approaching a key support area around 0.5910 — a zone that could trigger a technical bounce and continuation of the current bullish trend.
🌍 MACRO CONTEXT:
The US Dollar Index (DXY) is showing signs of weakness following disappointing CPI and PPI data. This opens up room for commodity currencies like NZD to recover further.
Meanwhile, New Zealand's domestic consumption data has exceeded expectations, and the RBNZ continues to maintain a stable policy outlook — a medium-term bullish sign for NZD.
Market sentiment is leaning cautiously against the USD, especially as the Fed holds its “no cut but no hike” stance — boosting interest in alternative currencies.
📊 TECHNICAL OUTLOOK (H1):
NZD/USD is trading within an ascending price channel.
EMA 13 is above EMA 34 and EMA 200 — a positive short-term trend signal.
Two important zones to watch today are 0.5910 (key support) and 0.5961 (key resistance).
🎯 TRADE SETUPS FOR TODAY:
✅ SCENARIO A – BUY THE RETEST:
If price tests the 0.5910 zone and shows strong reaction:
BUY ZONE: 0.5910 – 0.5915
SL: 0.5890
TP: 0.5960 → 0.5980 → 0.6000 → 0.6006
→ This zone aligns with ascending channel support + prior FVG → strong rebound probability.
✅ SCENARIO B – BREAKOUT & CONTINUATION:
If price breaks and holds above 0.5961:
BUY SCALP: 0.5965 – 0.5970
SL: 0.5950
TP: 0.5980 → 0.6000 → 0.6006
❌ SCENARIO C – BEARISH BREAKDOWN:
If price fails to hold above 0.5910 and closes H1 candle below it:
SELL SCALP: 0.5900 – 0.5895
SL: 0.5915
TP: 0.5870 → 0.5850 → 0.5820
📌 FINAL THOUGHTS:
NZD/USD is at a critical decision point — this could be a retest before continuation to 0.6000 or the beginning of a deeper drop.
Watch the 0.5910 level closely to determine market direction.
⚠️ Risk management is key — high volatility expected as U.S. PMI data is set for release during today’s NY session.
🧠 Be patient. Let price come to your zone. React, don’t predict.
GBP/USD Retracement or Reversal? Stay Sharp as Momentum FadesGBP/USD Trading Plan – May 20th | Retracement or Reversal? Stay Sharp as Momentum Fades
🌐 Macro Overview
GBP/USD is currently influenced by several macroeconomic forces:
USD strength is returning, supported by stable US data (Retail Sales, Jobless Claims), leading the market to delay expectations of a Fed rate cut.
The British Pound is under pressure as the Bank of England (BoE) is not expected to raise rates further amid slowing domestic growth and easing inflation.
Simultaneously, US-China trade tensions and US debt concerns are keeping market sentiment cautious. The pair is forming a bullish flag structure, but signs of exhaustion are emerging.
📉 Technical Analysis (2H Chart)
GBP/USD is moving within a rising channel. However:
1.3433 remains a strong resistance, aligning with a local top — breakout potential is limited in the short term.
A rising wedge pattern is forming — watch for a potential trap followed by a sharp sell-off.
EMA13 and EMA34 are diverging, signaling distribution and potential reversal ahead.
🔑 Key Levels to Watch
Major Resistance:
🔺 1.3433 – recent swing high and potential double top
🔺 1.3355 – mid-range resistance and EMA34 convergence (H2)
Key Support:
🔻 1.3303 – key FIBO + trendline intersection
🔻 1.3251 – medium-term bullish structure support
🔻 1.3174 – previous swing low and strategic BUY ZONE
🎯 Trading Scenarios
📍 Scenario A – False Break and Rejection from Resistance
Entry (SELL): 1.3430 – 1.3433 (after bearish confirmation)
Stop Loss: 1.3460
Take Profits: 1.3355 → 1.3303 → 1.3250
📍 Scenario B – Breakdown and Failed Retest
Entry (SELL): 1.3303 – 1.3310 (after support break and retest)
Stop Loss: 1.3340
Take Profits: 1.3251 → 1.3174
📍 Scenario C – Deep Buy from Strong Support
Entry (BUY): 1.3170 – 1.3174
Stop Loss: 1.3140
Take Profits: 1.3251 → 1.3300
⚠️ Key Reminders:
Stay cautious ahead of key US releases this week (PMI, FOMC Minutes), which may trigger high volatility.
Avoid FOMO and respect SL/TP discipline — especially near potential trap zones.
📌 Follow for intraday updates and real-time trade setups as the structure evolves. Flexibility is key in this market.
Gold Price Market in a Sideways Phase Awaiting BreakoutGold Price Drops Amid Hawkish Fed Comments - Market in a Sideways Phase Awaiting Breakout
Gold (XAU/USD) has experienced a sharp drop following recent hawkish comments from the Federal Reserve. The continuation of tight monetary policy has unsettled investors, leading to strong sell-offs during both the Asian and US trading sessions today.
📊 Technical Analysis:
Currently, gold is forming a new sideways range, and if you zoom out to higher timeframes, you'll notice a classic bearish flag pattern developing. This suggests that gold is in a period of consolidation before a potential large-scale breakout. While the upward momentum from both the Asian and European sessions was strong, gold failed to break the critical 3250–3255 zone. This area remains vital for determining the next direction in gold's price action.
Should the bearish trend continue, if we break the support trendline below the current price, the likelihood of the bearish flag pattern playing out rises to around 80%. This could lead to further price corrections.
Key Levels to Watch:
Support Levels: 3205, 3194, 3280, 3262
Resistance Levels: 3244, 3262, 3278, 3286
📈 Trading Strategy:
BUY SCALP:
Entry: 3294 - 3292
Stop Loss (SL): 3288
Take Profit (TP): 3298 → 3302 → 3306 → 3310 → 3315 → 3320 → 3330
BUY ZONE:
Entry: 3272 - 3270
SL: 3266
TP: 3276 → 3280 → 3284 → 3288 → 3292 → 3296 → 3330
SELL SCALP:
Entry: 3242 - 3244
SL: 3248
TP: 3238 → 3234 → 3230 → 3226 → 3220 → 3210
SELL SCALP:
Entry: 3276 - 3278
SL: 3282
TP: 3272 → 3268 → 3264 → 3260 → 3250 → 3240
⚠️ Risk Management:
As we approach the close of the week, the volatility in gold could intensify, especially with the Fed’s actions, market sentiment, and geopolitical developments. Always follow your TP/SL to safeguard your investments and avoid unnecessary risk.
🧠 Final Thoughts:
The market is in a consolidation phase, and it's essential to wait for confirmation before taking significant positions. If gold fails to break the 3250–3255 resistance zone, the chances of a more significant move downwards increase. However, be cautious, as the market is volatile, and things can shift rapidly.
Market next move 1. Over-Reliance on Support Zone
The analysis heavily leans on the assumption that the support zone (marked with the purple "Support" label) will hold.
However, this support has already been tested multiple times, which weakens its strength.
A break below this zone could trigger significant stop-loss hunting, leading to a bearish breakdown instead of a bullish reversal.
2. Volume Analysis Suggests Weak Momentum
The recent bounce lacks strong volume. This suggests that buying interest is not convincing at this level.
Without volume confirmation, any bullish move is less likely to sustain.
3. Lower Highs Pattern
Despite small rallies, the chart is forming lower highs, which is typically a bearish signal.
This hints at seller dominance, and the yellow bullish projection might be overly optimistic.
4. Resistance Overhead
The price is approaching a short-term resistance zone (red box), which has rejected the price previously.
Without a clear breakout above that, the bullish case is speculative.
5. Fundamental Factors Unaccounted
The chart doesn’t account for macro factors like U.S. dollar strength, interest rates, or geopolitical influences that often affect gold.
If the dollar strengthens, gold may drop, breaking the support.
Market next move Bearish Disruption Analysis:
1. Range Weakness and Exhaustion Risk:
The price has been ranging within a tight zone, and repeated tests of the support line near 3,215–3,218 show weakening buyer pressure.
If bulls were strong, we might have already seen a breakout with momentum. Instead, there's sideways choppiness, suggesting indecision or exhaustion.
2. Lower Highs Forming:
Despite a flat support zone, price is forming lower highs, a bearish signal. Sellers are stepping in earlier on each bounce, tightening the range from the top.
3. Volume Depletion:
Volume is gradually dropping during this consolidation. If a breakout happens without a volume surge, it risks becoming a false breakout.
4. Liquidity Sweep Possibility:
Market makers might push price below the support zone (~3,215) to trigger stop-losses and accumulate orders before a potential real breakout. This would trap late buyers who enter early.
5. Bearish Scenario Path:
If price breaks below 3,215 and closes under that on decent volume, expect a move to the next demand zone near 3,200 or lower.
Downside target could be around 3,180–3,190, where the previous demand base formed on May 15.
EUR/USD DAILY PLAN – BREAKOUT CONFIRMATION OR FAKEOUT TRAP?EUR/USD DAILY PLAN – BREAKOUT CONFIRMATION OR FAKEOUT TRAP?
🧠 Macro Overview
This week’s trading landscape is influenced by both European and U.S. developments:
EU Side: There are no major macroeconomic releases ahead, but expectations are growing that the ECB may adopt a more dovish tone in upcoming meetings. If inflation continues to cool, the euro may face downside pressure.
U.S. Side: Last week’s CPI and PPI data showed signs of cooling inflation, yet not enough for the Fed to shift gears. The U.S. dollar remains supported by the prospect of “higher for longer” interest rates.
Global Sentiment: Ongoing U.S.–China tensions and trade policy updates in Europe are keeping risk appetite cautious. The EUR/USD pair is testing a key zone and may break out of the descending channel soon — or reject hard if buyers fail to hold.
📊 Technical Analysis (H1 Chart)
EUR/USD bounced strongly from the 1.1160 – 1.1180 demand zone and is now testing the key resistance at 1.1237 — a confluence of descending trendline and the 200 EMA on the 1H chart.
A clean breakout above and sustained hold of 1.1237 could pave the way toward higher resistance levels at 1.1270 and 1.1325.
However, if the pair gets rejected at 1.1237, it may fall back to test the lower support at 1.1160 – 1.1180, possibly forming a range before a larger move.
📌 Key Levels to Watch
🔺 Resistance Levels:
1.1237 → Key confluence zone (EMA200 + trendline)
1.1270 → Previous swing high
1.1302 – 1.1325 → Upper resistance zone with Fibo confluence
🔻 Support Levels:
1.1180 → Immediate demand area
1.1160 → Critical trendline support
A break below 1.1160 could trigger stronger bearish momentum
🎯 Trading Scenarios
1. Bullish Breakout Above 1.1237
🔹 Entry: 1.1240 – 1.1250
🔹 SL: 1.1210
🔹 TP: 1.1270 → 1.1302 → 1.1325
2. Bearish Rejection at 1.1237
🔻 Entry: 1.1230 – 1.1225
🔻 SL: 1.1255
🔻 TP: 1.1180 → 1.1160
3. Buy-the-Dip at Key Support
🔹 Entry: 1.1165 – 1.1170
🔹 SL: 1.1135
🔹 TP: 1.1200 → 1.1230
⚠️ Key Notes:
Avoid entering trades during chop between 1.1215 – 1.1237 unless breakout confirmation appears.
Be cautious of liquidity grabs during London and NY session opens.
Stick to tight risk management as market remains uncertain and range-bound.
📌 Conclusion:
EUR/USD is at a decision point. Whether bulls take control or sellers defend key resistance will determine short-term trend direction. Trade the breakout or the reaction — not the prediction.
Gold Price Surge Will This Be the Catalyst for the Next Breakout💥 Gold Price Surge: Will This Be the Catalyst for the Next Breakout? | Trading Plan for Today 📊
📊 Market Overview:
✔️ Gold (XAU/USD) has shown a strong recovery following significant geopolitical and economic developments over the weekend. Key factors driving this rally include:
✔️ Putin’s Rejection of Peace Talks: If the conflict intensifies, we may see a surge in demand for safe-haven assets like gold.
✔️ US Credit Downgrade: Rising concerns over US debt and bond yields could drive more investors back into gold.
✔️ Trump’s Tariff Threat: Although less aggressive than before, Trump’s volatility still poses risks to market stability, with gold remaining a key hedge.
✔️ These combined factors have driven a gap up of over 20 points during the early Asia session. Should these issues remain unresolved, gold could be set for a strong move back toward its previous All-Time High (ATH).
📉 Technical Analysis:
✔️ The chart is showing an increasingly bullish setup. EMA 13 has crossed above both EMA 34 and EMA 200 on the M30 chart, suggesting that the market is primed for a breakout.
✔️ We’re seeing the potential for a $100–$200 rally per ounce, should the bullish momentum persist.
✔️ Given the current market volatility, geopolitical events could cause sharp price movements. A breakout of the current trendline may indicate that we are witnessing a retest before the next significant surge.
🔑 Key Levels to Watch:
🔻 Support Levels: 3204, 3193, 3186, 3174, 3163
🔺 Resistance Levels: 3254, 3277, 3288
💰 Trading Strategy for Today:
✅ BUY Scalp: 3194 – 3196
🔴 Stop-Loss (SL): 3190
✅ Take-Profit (TP): 3200 → 3210 → 3220 → 3230
✅ BUY Zone: 3186 – 3184
🔴 Stop-Loss (SL): 3180
✅ Take-Profit (TP): 3190 → 3195 → 3200 → 3210 → 3220 → 3230
✔️ SELL Zone: 3287 – 3289
🔴 Stop-Loss (SL): 3293
✅ Take-Profit (TP): 3285 → 3280 → 3285 → 3280 → 3270
💎 Good Luck! Stay tuned for more updates, and trade wisely! 📈
GBP/JPY Short and CAD/JPY ShortGBP/JPY Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejection candles.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejection candles.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
Will the Market Continue to Sink or Rebound?Gold Price Volatility: Will the Market Continue to Sink or Rebound?
💥 Market Outlook:
Today’s market is seeing unpredictable movements, with gold making significant drops and then rebounding sharply in the last two days. Are the recent news developments aligning with the price action, or is it just a major coincidence?
🔍 Technical Analysis:
Looking at the D1 and H4 charts, you can clearly see the breakdown, but gold quickly bounced back to the 325x area and reacted. The 3254–3256 zone is a key level that holds strong for sellers on both daily and H4 candles. If gold continues to hold below this level, the bearish trend remains strong, and another sharp drop could happen before the weekend.
If the 3254–3256 level is broken, the price may push toward the 327x, possibly even the 328x levels. However, this will be dependent on whether this critical support is maintained.
Trend Continuation or Reversal?
From a technical perspective, gold is still in a downtrend, and the current bounce is likely just a retracement before continuing lower. However, in terms of macro news, the USD is continuously dealing with bad inflation data, affecting the recovery of DXY (USD). The market is very sensitive to trap candles, and there may be false breakouts, so proceed cautiously.
There are also some news reports indicating that the US and China have reached a minor détente, but tensions remain around trade restrictions, imports, exports, and the use of rare earth minerals. Things are unpredictable with these two powers. Today, there are updates on tariffs, so keep an eye out!
📊 Key Resistance Levels:
3237
3251
3261
3276
3287
📉 Key Support Levels:
3205
3188
3170
3143
🎯 Trading Plan:
🔵 BUY SCALP:
Entry: 3172 – 3170
SL: 3166
TP: 3176 → 3180 → 3184 → 3188 → 3192 → 3196 → 3200
🔵 BUY ZONE:
Entry: 3142 – 3140
SL: 3136
TP: 3146 → 3150 → 3154 → 3158 → 3162 → 3170 → 3180 → 3190
🔴 SELL SCALP:
Entry: 3160 – 3162
SL: 3166
TP: 3156 → 3152 → 3148 → 3144 → 3140 → 3130 → 3120
🔴 SELL ZONE:
Entry: 3276 – 3278
SL: 3282
TP: 3272 → 3268 → 3264 → 3260 → 3255 → 3250 → 3240
⚠️ Risk Management:
With strong volatility today, manage your risk carefully. It’s essential to adhere to your TP/SL to protect your account. Stay cautious, as there is a lot of unpredictability in the market with the upcoming news.
Conclusion:
Given the unpredictability of the market and geopolitical tensions, it’s wise to trade with caution today. Watch the critical support and resistance levels closely and stay flexible, adapting your strategy based on how the market evolves.
📣 Stay tuned for more updates and trade smart!
EUR/USD – BEARISH BIAS IN PLAY, IS A FAKEOUT COMING?EUR/USD – BEARISH BIAS IN PLAY, IS A FAKEOUT COMING?
🧠 Market Context:
After a technical rebound earlier this week, EUR/USD is now consolidating inside a symmetrical triangle. Despite buyers attempting a breakout, low volume and price action still below the 200 EMA indicate weak bullish momentum.
The DXY is recovering on expectations the Fed will hold rates higher for longer.
Meanwhile, the Euro lacks fundamental support as the ECB remains cautious with policy moves.
👉 Given the current technical setup, the higher probability scenario (70%) is a bearish breakout, continuing the dominant downtrend.
📊 Trade Scenarios for Today:
✅ High Probability – SITUATION 1 (70%):
Price breaks below the triangle’s base near 1.1185–1.1190 and continues lower toward the 1.1110 demand zone.
⛔ SELL ZONE: 1.1210 – 1.1220 (after minor retest of broken trendline)
🎯 TP: 1.1180 → 1.1150 → 1.1120 → 1.1100
🛑 SL: 1.1245 (above EMA200)
🚨 Lower Probability – SITUATION 2 (30%):
Price breaks out and closes firmly above the triangle and 200 EMA (~1.124x) → short-term bullish reversal.
🔵 BUY ZONE: 1.1250 – 1.1260 (only after confirmed breakout with volume)
🎯 TP: 1.1290 → 1.1325 → 1.1350
🛑 SL: 1.1215
🔍 Key Technical Levels & EMA:
Resistance (200 EMA on H1): ~1.1247
Major Support Zones: 1.1180 – 1.1150 – 1.1110
🎯 Execution Strategy:
Favor short setups unless a clear bullish breakout occurs above 1.1247 with strong volume.
Watch for a breakdown and retest below 1.1180 to confirm bearish continuation.
Avoid premature entries — let price come to your levels.
⚠️ News to Watch:
No major data today, but USD is still sensitive to Fed tone and macro headlines.
Keep an eye on Fed speakers later in the NY session for potential impact on dollar direction.
✅ Final Thoughts:
The triangle pattern is coiling tight, but overall momentum favors sellers.
Expect liquidity sweeps and volatility traps, especially around session transitions.
Stick to your plan, respect your levels, and let the market decide the breakout direction.