The pair is coming off a recent lower high, signaling a potential shift from the previous bullish trend. A minor pullback has formed near the 156.90 support zone, which aligns with prior structural levels. RSI hovers near neutral (40-50), suggesting that momentum has cooled but not yet oversold. This indicates a wait-and-see phase before the next directional...
The XRPUSDT pair has seen a dramatic surge, breaking through historical resistance levels and displaying strong bullish momentum. Let’s dive into the details of this incredible move: XRPUSDT has made a parabolic move, pushing past prior resistance near $1.00 and exploding to levels above $2.70. The breakout has been supported by long-term accumulation within a...
The price is retracing to the 150.00 level, which is a significant resistance zone. Now we must expect a consolidation phase especially because NFB will be this week. A sustained move above this level, confirmed by increased volume, may signal the continuation of the bullish trend. Conversely, a rejection at this resistance could lead to a retracement towards the...
As RSI appears to be approaching or near oversold levels, it suggests that a short-term pullback or consolidation may occur. Look for a retracement at the 190.9 - 191.5 levels Recent levels around 190.00-192.00 now act as strong resistance. Any pullback towards these levels could offer shorting opportunities if confirmed by bearish signals.
EURJPY is at a critical juncture, with 157.00 acting as a make-or-break zone. Monitor for a bounce or a decisive breakdown to gauge the next significant move. The pair has been in a clear downtrend, reflected by consistent lower highs and lower lows on the chart. Price is currently trading near a potential support zone around 157.00, which aligns with previous...
The NZDUSD is at an strong FVG zone at the higher end near 0.5960-0.6070, marking a major resistance or liquidity area. This zone aligns with the prior HH, making it a critical area for potential reversals or breakouts. Bullish Scenario: A breakout above 0.5940 targets the strong FVG near 0.6070. Sustained bullish momentum could confirm a mid-term reversal toward...
USDCHF is at a critical juncture, where the price must either confirm a bullish reversal by breaking key resistance or continue its bearish trajectory. The price has recently rebounded off a critical support level near 0.8400, a historical demand zone. This suggests that buyers are defending this level strongly. RSI is trending upward from oversold territory but...
Gold is trading within a bullish ascending channel but faces significant resistance near 2655, a failure to hold above 2640 may lead to a bearish retracement. The volume profile shows that High Volume Nodes (HVNs): Heavy trading activity is concentrated around 2655 - 2660, indicating a significant area of interest for institutional traders to short the instrument....
A breakdown below 18850 could open the door for deeper corrections toward 18750 and potentially 18550. But a bounce from 18850, with strong momentum, could lead to further upside targets at 18900 and 19200.
US500 remains in a bullish trend, but the ongoing pullback suggests a potential correction toward 5840–5880. This zone, supported by the Ichimoku cloud and imbalance on a 1D TF, and could serve as a strong area for a bullish rebound. A breakout above 6,000 would confirm the next leg of the bullish rally, while a breakdown below 5,740 could trigger a deeper correction.
Trading Strategy Ideas Long Position: Consider a buy entry if GBP/USD closes above the trendline resistance with momentum, targeting 1.3040 - 1.3050 as the next resistance. A stop-loss below the 1.2950 support would reduce risk. Short Position: If the price gets rejected at the resistance and breaks below 1.2950, a short position could be viable, aiming for the...
The pair is trading within a descending channel, with key levels of resistance and support dictating price movements. Breaking above 0.8340 could favor bulls, while losing 0.8300 would strengthen bearish momentum.
USD/JPY is in a strong bullish trend, with the potential for further upside if resistance at 155.50 is broken, focus on retracements to 153.50 - 152.50 for long entries.
Gold is currently consolidating near a key resistance level at 2616 after testing lower support zones. A break above 2616 could lead to a retracement toward higher resistance at 2627 or beyond, while failure to hold above 2607 could result in bearish continuation targeting 2600 or potentially breaking the lower support zones at 4h support down to 2550 or lower.
The US500 is exhibiting strong bullish momentum following a rebound from a key support zone around 5850, which aligns with prior consolidation levels. This support is further reinforced by the upward sloping moving averages beneath the price action, signaling sustained buying pressure. A decisive breakout above 5900 could open the door for further gains, with the...
US100 remains in a strong bullish trend, with potential for further upside if it breaks above 21400. However, caution is warranted as the RSI nears overbought levels, increasing the probability of a short-term pullback.
GER40 is currently consolidating near resistance at 19250, with signs of weakening bullish momentum. A pullback to 19100 - 18950 could offer buying opportunities, while failure to break above resistance at 19250 may provide shorting opportunities.
USD/CHF is currently showing signs of a potential retracement after a bullish move. Resistance at 0.8860 is holding, but the trend remains upward in the bigger picture. The market must retrace to key support zones 0.8800 before considering a long entries.