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GBPUSD → Consolidation after a trend breakout. Long-Squeeze?FX:GBPUSD may test the local support amid the pre-news correction of the DOLLAR. Traders are waiting for inflation data, high volatility is possible The fundamnetal situation is predisposed in favor of the pound sterling, which has an advantage on the back of the falling dollar, which is likely to take a medium-term position on the back of the Trump administration. Technically, GBPUSD is consolidating above the key support zone of 1.286 - 1.280 below which a huge pool of liquidity has formed which could be tested before the trend continues. Important news ahead. Traders are waiting for CPI data. High volatility is possible Resistance levels: 1.2938 (trigger) Support levels: 1.2868, 1.281, 1.2728 Bulls may be aggressive and keep the price from correcting downwards. In this case, price consolidation above 1.2938 could be a good entry point for the continuation of growth. But because of the upcoming news, I would prefer to wait for a retest of the liquidity zone 1.2868 - 1.281 before taking action to open a position. Regards R. Linda!
Long
by RLinda
3
Bajaj Finance Elliott Wave Analysis – Triangle Before Next move? The daily chart of Bajaj Finance suggests an ongoing Elliott Wave triangle correction in Wave (4). Currently, the price appears to have completed Wave (d) near the upper trendline resistance, indicating a potential pullback towards the lower boundary (~₹6,533) to form Wave (e). If this structure holds, we could see a strong bullish breakout in Wave (5), targeting new highs. 🔹 Key Observations: ✅ Triangle Formation: Price action is consolidating within a contracting structure. ✅ Wave (d) Completion? Price has touched the upper boundary, signaling a possible correction. ✅ Wave (e) Drop? A move towards ₹6,533 would complete the correction before a bullish leg up. ✅ Upside Target: A breakout from the triangle could lead to a strong rally beyond ₹9,000. 🔹 Strategy: 📉 Short-term: Watching for a potential dip towards Wave (e) for a buying opportunity. 📈 Long-term: Bullish bias remains intact if the structure holds. 🚨 Disclaimer: This is my personal analysis, and I may be completely wrong. This is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any trading decisions. I am not a SEBI-registered analyst.
NSE:BAJFINANCE
by kalpeshloke
BAVARIAN NORDIC BAVA LARGE ASCENDING TRIANGLE FORMATIONHello Traders, Here is my chart idea for Bavarian Nordic. This idea is solely based on me looking at the chart formation and no research has been done into the companies financials, potential upcoming vaccines or anything like that. The price has been going sideways inside a large ascending triangle for about 22 years now and price movement still looks to be corrective waves not impulsive waves. It looks like the price wants to come down to the bottom trendline and bounce from there. This would also print a low, oversold value on the monthly RSI. On the weekly chart it looks like the price has just broke down from a head and shoulders. Lets see what happens.
OMXCOP:BAVA
by WickHunter
BITCOIN → Short-squeeze 86-89K before falling further to 75KBINANCE:BTCUSD continues to form a downtrend after breaking the bullish structure on the weekly timeframe. There is no bullish driver yet, and technically, the price is heading to the global imbalance zone of 75-73K The past crypto summit and any other talk of cryptovalt support cannot support the market. Such events end with further market decline. Technically, the market continues to form a downtrend (global counter-trend), based on this alone, we can say that the price is now going against the crowd and this is generally logical behavior. Globally, the zone of interest is located in the following zones - 75K, 73K and order block 69-66K Locally, I would emphasize the nearest liquidity zones, located at the top, which can be tested before the further fall: 86697, 89.397 Resistance levels: 85135, 86678, 89397 Support levels: 79987, 78173, 73512 After the false break of 78K support there is no strong reaction, the market is forming a struggle for 84-85K zone, which generally indicates buying weakness. Before the further fall there may be a short-squeeze relative to the above mentioned zones of liquidity, which may lead to a further fall Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
33
AUDNZD strong bullish expectations AUDNZD pair which I am watching last 5 months, other my analysis on AUDNZD are attached, plus I am attach and CADCHF analysis its interesting to look, its almost same based on SYMMETRICAL TRIANGL. AUDNZD price is make bounce on trend line, its break upper trend line-SYMMETRICAL TRIANGL, plus CHANNEL on 4h TF is visible and its also breaked. Technicalls on medium and long term are strong bullish, when take all this parameters i am here still bullish. SUP zone: 1.09200 RES zone: 1.11500, 1.12400
Long
by DepaTrading
GOLD → Distribution phase. One step away from $3000. Up!FX:XAUUSD breaks upward and reaches the intermediate target. After strong growth there is no pullback at all. A consolidation is forming which shows us strong levels. Gold updates ATH to +2990, preparing to overcome $3,000. Growth is being fueled by Trump's trade war and expectations of a Fed rate cut. Investors are cautious ahead of the Fed meeting. A stronger dollar and hopes for a US-Canada trade truce may temporarily cause a correction, but it is not the strongest factor. However, recession risks and escalation of trade and geopolitical conflicts may increase demand for protective assets, supporting the growth of gold prices Technically, the price is in consolidation, relative to which there may be a breakthrough of resistance and further growth. Or a local false breakout, correction to support at 2980 and continuation of growth after support retest Resistance levels: 2993, 3000, 3008 Support levels: 2981, 2956 Thus, if the bulls are able to consolidate above 2993, the price may continue its aggressive growth. BUT! There is a possibility of correction to the risk (liquidity) zone 2981 - 2977 before gold resumes its growth. Regards R. Linda!
FX:XAUUSDLong
by RLinda
12
GOLD → Testing ATH. High chance of a breakout 2954FX:XAUUSD in the distribution phase of the previously formed consolidation. The price is testing ATH and the market has all chances for a breakout and further update of the high. We are close to 3K Gold price continues to rise, approaching a record high of $2,956, amid fears of a global trade war. Lower US inflation has weakened the dollar and bond yields, boosting demand for gold. Markets now await PPI data, but escalating trade conflict remains key. Technically, gold is testing global range resistance a month after last touching it. I don't like to trade primary breakouts in such a case and the ideal scenario would be to wait for a small consolidation near the level or a correction to 2945 - 2935 before the metal starts to tetse 2954.5 for a breakout Resistance levels: 2954.5 Support levels: 2945, 2935, 2930 As a first move I expect a pullback after resistance test. A retest of 2954.5 (retest) will mean that buyers are ready to break the resistance and go higher. BUT, we have important news today. Gold could break the level without a pullback. A close above 2954.5 will trigger a rally. Regards R. Linda!
FX:XAUUSDLong
by RLinda
18
S&P 500 at a crossroads: breakout or fake move?The S&P 500 is stuck in a two day old descending triangle pattern making it a tricky setup after an aggressive sell off. A clean break below could lead to a drop towards 5549 with a further 1.6 percent decline. However there’s also the chance of a false breakdown followed by a rebound which could turn this into a fake move. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information
THINKMARKETS:SPX500Short
by ThinkMarkets
Gold prices are about to reach a new ATHGold prices are on the way up. What would be a level where traders will book profits? Watch the video to find out. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information
THINKMARKETS:XAUUSDLong
by ThinkMarkets
HelenP. I Gold can make small correction and then continue growHi folks today I'm prepared for you Gold analytics. A short while ago, the price was trading near the support zone, which aligned with the support level, before rebounding up to the resistance level. Following this movement, Gold made a correction, quickly reversed, and then repeated the corrective move once again. After that, the price climbed back to the resistance level and entered the resistance zone, where it consolidated for some time before beginning a decline within a triangle pattern. Within this structure, XAU broke below the 2935 level and dropped further to the trend line, also breaking through the 2865 support level. After this move, XAU reversed direction, rebounded from the trend line, and soon reclaimed the 2865 level. The price then nearly reached the resistance line of the triangle before making a correction back to the trend line. It later turned around again, climbed higher, and reached the resistance line. Currently, Gold is trading near this resistance line, and I anticipate a correction toward the trend line before rebounding upward, breaking out of the triangle, and surpassing the resistance level. Given this setup, my target is set at 2950 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
8
GOLD → Retest of 2926 before a possible breakout. CPI aheadGold is rising after long-squeeze and consolidating at the top of the 2926 - 2893 range, which is generally a hint that the market is getting ready to break resistance. But it all depends on CPI Traders awaiting US CPI data. The dollar is partially recovering before the news, which is holding back gold, which continues to consolidate in front of 2921, but weak inflation data may push prices up again. New trade measures as part of Trump's tariff war and geopolitical tensions are having an additional impact. The negative part for the markets presents the lack of a clear position of the leaders of the countries and constantly changing opinions: then they specify tariffs, then cancel them. Inadequate swings in the markets. Resistance levels: 2920, 2926 Support levels: 2910, 2905, 2893 Emphasis on 2926, breakdown of this level will trigger a bullish rally. Now the price is trying to get out of the local consolidation to test 2926, from which a small correction is possible before another breakout. The focus on CPI, weak data may support further price growth. Regards R. Linda!
FX:XAUUSDLong
by RLinda
13
PEB Pacific Edge NZXPEB I already own this as a long term investment, but interesting chart right now.... Currently had gap down due to bad Medicare news removing product from approved test list, but shortly afterwards one product was ranked highest A+ for test credibility so this may remove the previous restriction in Medicare and open market again Technically this has a long term Elliott Wave 'Ending Diagonal' with an overthrow pattern which is technically a reversal signal, this was followed by a strong move upwards following the results of an industry comparison of products which proved very positive Currently the Triangle has been broken and now being retested, and is now at a good point to hopefully go higher... it may need a news/ medicare catalyst, but the probability is that it is more likely technically and fundamentally to rise than to fall... Moving from current $0.126 to $0.42 will be a 333% Return from current levels And there are gap closes at $0.49 and $0.78c so this represents a high potential reward to risk trade
NZX:PEBLong
by dionvuletich
USDCAD could be about to deliver a 330 pips moveUSDCAD is forming an ascending triangle pattern, suggesting a potential breakout if it surpasses 1.4546, with an upside target of around 322 pips. Economic factors include U.S. tariffs on Canadian goods, a Canadian boycott of U.S. products, and slowing economic data in both countries, which could pressure the CAD as an export-driven currency. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information
by ThinkMarkets