FXCapitalClub

FXCapitalClub Updated 

Intra day trading idea for EUR/USD based on wyckoff accumilation which lines up with higher timemframe narrative of the daily and the 4hr timeframe with key support level of 1.07575 holding whilst we reach the end of the accumilation phase to then enter the inefficient market cycle of the weekly/monthly tf.

FXCapitalClub Updated 

Gold excited us again last week trading back up to near all time highs so with the coming week based purely on technicals we could anticipate the following happening. Breakout to the downside past 2407 towards key level of 2395 which would then return back to return back to 2406 which would put a break and retest strategy in play for a continuation to the...

FXCapitalClub Updated 

Good morning Traders, My analysis for this week on EUR/USD is that we are currently forming a descending triangle pattern on all the higher timeframes from the monthly down to the 4 hourly with the key supply zone of 1.08921 to be reached as part of a break and retest move to the downside and heading to the key deman level of 1.06689 and if we break this...

FXCapitalClub Updated 

Potential BTC/USD Directional move for the weekend as we head our way out of the premium zone into discount. 4hr chart: Key levels of $69,859 would need to be mitigated to show any further strngth to the upside, however we have already sweept the liquidity resting at the 4hr fair value gap and price action seems to be having a bearing reversal pattern with the...

FXCapitalClub Updated 

US30 Technical Analysis Report December 16, 2024 Current Market Overview The US30 (Dow Jones Industrial Average) is currently displaying a significant bearish bias, with multiple timeframe analysis supporting a continuation of the downward momentum. Current price: 43,886 Technical Analysis by Timeframe Daily Timeframe (HTF) Confirmed bearish market...

FXCapitalClub

Current Market Position The EUR/USD pair is currently trading at 1.05678, positioned at the premium side of its recent trading range. This level represents a significant recovery from the markdown initiated on November 13th, which established the range's parameters. Recent Price Action Analysis The trading range has been defined by: Upper bound: Current...

FXCapitalClub

The last chart still stands, we are in a premium range I do anticipate price doing another retracement before going to $150k TBH MIL:1M bitcoin is the forseeable future. Blackrock are in on this now. We just have to play the ride on the 15M and 1HR. Happy Trading. :)

FXCapitalClub

My analysis is simple and we're very much over the $100k target price we were all anticipating throughout the year which happened overnight (UTC). The bottom of this breakout range had us at around $75k Very simple TA for a mid-long term swing especially with the fundamental news of Trump picking crypto advocate Paul Atkins to head SEC. All looks positive for...

FXCapitalClub Updated 

XAU has just bounced off the 1hr demand OB which will then see us retracing slightly to complete the 2nd phase of the motive elliott wave before taking off to test key levels if resistance @ 2418 and the 1 hr supply OB at 2424 before retracing back down to form the a,b,c corrective phase heading back down towards the july open levels between 2378 & 2364. Let me...

FXCapitalClub

On the 15 M Chart for the day we are seeing the greenback break out of the descendi trangle wedge to the upside at 104.700. The market is still waking up from the weekend's pause so there are no major movements to give us clear indication that this continuation will sustain itself other than liquidity sweeps from the previous weeks. I am keen on seeing this...

FXCapitalClub

Good morning traders. 🥳 Hope you all had a great weekend and ready for the week ahead. A quick glance at the charts this morning and the dollar has reset back to the POC levels it entered last week with and on the 12 hr we can see that we are now forming a descending triangle which means that if we break above 105.000 we could see a continuation to the upside...

FXCapitalClub Updated 

On the monthly we are currently witnessing the formation of a descending trangle in preparation for a breakout to the upside if we cross 1.13093 or to the downside if we cross 1.04898. This level has been mitigated back in July 2022 taking all buy side liquidity in the process beofre returning to create the new support level to begin a new wyckoff accumilation...

FXCapitalClub

EUR/USD did as expected and accumulated during the Asian session. 📈 We are now experiencing the manipulation phase as part of the London open, in line with the AMDX (Accumulation, Manipulation, Distribution, X) theory. As the quarters go, the new one will start at 12 PM, and I expect the distribution to continue. 🕛 There's a ton of options expiring today, which...

FXCapitalClub

Intra day play for EUR/USD. Target Levels are 1) 1.08107 2) 1.78286 3) 1.07553 4) 1.07280 Let me know what you guys think. Hope your have a great day and your screens are green. Capital Club Team.

FXCapitalClub

Today's Trade Summary 📊 2x Trades Taken (1x Win & 1x Break Even) 📈 EUR/USD failed to gain enough momentum when the NY markets opened, so we closed for break even to protect our profits. XAU/USD (Gold) hit TP 1 for a 98.5 pips move, with all profits taken off the table at this time of writing, equating to a 1:1 Risk Reward gain. 💰🏅 I still expect XAU/USD to move...

FXCapitalClub

With gold being at all time highs our analysis on this week's play was carried out on the Daily and 4hr to set a respectable tone to price action and what we anticipate seeing over the coming day(s) / week. On the daily we see that price has finally exhaused itself to complete its upward move to the extreme supply zone of 2,440.372 and has now started to retrace...

FXCapitalClub

On the monthly we can see that the dollar is on aan upward trend after breaking outu of it's previous range at 88.528 which has now become a key level of support. We have seen this extention continue to levels 113.016 and then returned back to create a range between 101.421 (lows) and 107.424 (highs) Price action is suggested to continue ranging to complete...

FXCapitalClub

Looking at 2 options for trading gold today based on support and resistance levels along with a bullish pennant forming. Trade 2 offers more of a confirmation than trade one once we break out of the triangle and push to the upside to form new all time highs. Let me know your thoughts on this. Happy Trading. :)