DanieIM

DanieIM Updated 

EURCAD is approaching a key resistance area, marked by historical price reactions and strong selling pressure. If bearish confirmation emerges, such as strong upper wicks or bearish candlestick patterns, I expect the price to move toward 1.48645. A breakout above this resistance, however, would invalidate the bearish scenario. Traders should remain cautious and...

DanieIM Updated 

GOLD is at a significant resistance zone, marked by historical price rejections and heightened interest from sellers in the past. If the price confirms a rejection from this resistance level, I anticipate a short-term bearish move toward the 2,692.88 level, which represents a logical target within the current market structure. This setup aligns with the...

DanieIM Updated 

GBPCHF is approaching a key demand zone, marked by historical price reactions and strong buying pressure in the past. This area has consistently acted as a turning point, where buyers regained control, driving prices higher. There is a high probability of a bullish reversal if price action confirms buying pressure (e.g., bullish engulfing candles or long lower...

DanieIM Updated 

NZDJPY is trading at a key demand zone, marked by previous price rejections and strong buying interest. This area has consistently acted as a turning point, where buyers regained control and pushed prices higher. The recent bearish move has brought the price into this critical support area. Given the strength of the demand zone, there is a high probability of a...

DanieIM Updated 

The USDZAR pair has broken below the channel, signaling a shift in market sentiment toward bearish momentum. The price is currently retesting the trendline, which now serves as a potential resistance area. If the price confirms rejection at the retest of the trendline, I anticipate a bearish move targeting the 18.66384 level, which represents a logical target for...

DanieIM Updated 

USOIL is at a significant supply zone, marked by historical price rejections and strong selling pressure in the past. This zone has previously acted as a turning point, where sellers regained control, driving prices lower. The recent bullish rally has pushed the price into this critical resistance area. However, given the strength of this supply zone and the...

DanieIM Updated 

The MSFT stock price is approaching a key demand zone, which has served as strong support in the past. This zone has witnessed significant buyer interest during previous tests, making it a critical area to watch for a potential reversal. The current downtrend could find support in this demand zone, leading to a bullish bounce. If the price shows clear reversal...

DanieIM Updated 

The CADCHF pair is approaching a significant supply zone, marked by historical price rejections and strong resistance levels. The current market structure suggests the potential for a reversal at this level if sellers regain control. I anticipate that if the price confirms a rejection from this supply zone, the market may move downward toward the 0.63128 level....

DanieIM Updated 

GOLD is approaching a key resistance zone, which has historically acted as a strong supply area. This zone has previously seen significant price rejections, suggesting that sellers may step in again if the price reaches this level. The current market structure shows a bullish move toward this resistance zone, but the momentum may begin to fade as it tests the...

DanieIM Updated 

OANDA:EURCZK is at a key resistance zone that aligns with prior price rejections and key supply levels. This area has historically attracted strong selling interest, making it a critical point to watch. If bearish confirmation appears, such as strong upper wicks or bearish candlestick patterns, I anticipate a move toward 25.17333. Conversely, a break above this...

DanieIM Updated 

COINBASE:BTCUSD is approaching a significant resistance zone. This zone has consistently acted as a key area of interest where sellers regained control, resulting in prior reversals. If the price confirms a rejection through bearish price action, such as wicks signaling rejection or bearish engulfing candles, I anticipate a move downward toward the $101,793...

DanieIM

FOREXCOM:COTTON is nearing a significant resistance level that has previously acted as a ceiling for bullish momentum. The current upward move into this zone suggests potential selling opportunities if rejection signals appear. If bearish patterns such as long upper wicks or bearish engulfing candles emerge, I anticipate a move toward 6,818.0. Traders should...

DanieIM Updated 

OANDA:EURNOK is nearing a key resistance zone that has been a critical area for bearish reversals in the past. The current price action suggests sellers may regain control at this resistance level. If bearish patterns appear, such as long upper wicks or bearish engulfing candles, I anticipate a move toward 11.73160. Conversely, a break above this resistance...

DanieIM Updated 

OANDA:USDCAD has broken above a critical resistance level and is aligning with bullish trend continuation by retesting this level as support. If the support holds, I expect a move upward toward 1.45300, aligning with the bullish trend. Conversely, if the support is broken, the bullish outlook could weaken, paving the way for further declines. Traders should...

DanieIM Updated 

OANDA:AUDSGD is near a significant support zone, which has historically been a turning point for bullish moves. The recent bearish pressure brings the price into this critical area, creating a potential buying opportunity. If bullish signals emerge, such as strong buying volume or bullish candlestick patterns, I expect the price to move toward 0.86163, aligning...

DanieIM Updated 

FOREXCOM:GBPNOK is trading at critical support zone that has historically led to strong bullish reactions. The recent price action suggests that this area may act as a base for a potential upward move. A strong bullish candle has confirmed the setup, signaling potential upward movement toward the 14.04732 level. However, if the price fails to maintain this...

DanieIM Updated 

OANDA:GBPNZD has broken a key support zone signaling a potential increase in bearish momentum. The price is currently retesting this broken support, which now serves as resistance. If sellers confirm resistance at this level, I expect the price to move downward toward 2.15600, aligning with the bearish trend. On the other hand, a failure to hold resistance...

DanieIM

COINBASE:SOLUSD is at a significant resistance zone. This area has previously acted as a major reversal point, and the current price action shows signs of potential exhaustion after a sharp bullish rally into this zone. The market structure indicates that sellers may regain control at this level if bearish price action confirms a rejection, such as wicks...