We saw the pair pull back yesterday to our 1.12372 level, providing a textbook HRHR entry. The market has since bounced and looks poised for further upside if key levels break: 🎯 HRHR Buys: Already triggered at 1.12372 ✅ Safe Buys: Above 1.14149, continuation setup 🛡️ Safest Buys: Above 1.16020, clean breakout targeting next key swing zones We remain...
We’ve seen a slightly deeper pullback with resistance forming around 2.26228. While price remains bullish overall, this week could present either a breakout or deeper retracement setup: 🔁 High risk/reward buys: from 2.25282 if structure holds 🟢 Safe continuation buys: break above 2.26228 or 2.27286 🛡️ Safest breakout buys: clear break of 2.28114 We’ll reassess...
Following the structure break earlier this week, USDCHF pulled back to retest the broken trendline and the key resistance level around 0.82598. This aligns perfectly with our yellow sell zone of interest. Price has since rejected this area and resumed a bearish move. We’re now looking for clean breakdowns to re-enter: 🔑 Break below 0.82598 will confirm...
Price has repeatedly rejected resistance at 2.27286 and is now consolidating between this key level and 2.25282. With this week being month-end, it’s likely we could see a pullback before a larger move into June. Trade Zones: Buy from 2.25282 if we pull back and hold as support Buy above 2.28114 if we get the breakout Targets: First: 2.29580 Extended:...
GBPAUD has rejected 2.07337 multiple times, confirming a key higher timeframe demand zone. We've now broken out of the bearish intraday structure and resumed the higher timeframe bullish ascent. Entry Levels: Aggressive buy: 2.10019 Safer buy: 2.11992 Target: TP1: 2.15583 (previous swing high) This setup offers 375–550 pips depending on your entry and risk...
GOLD (XAUUSD) Analysis – Tuesday, May 20th, 2025 Since breaking out of the bearish channel late last week, gold has lacked momentum. We've had multiple failed attempts to break and close above 3274.00, making it difficult to maintain a bullish stance. 🔸 Current Range: Resistance = 3274.00 Support = 3115.00 Structure is unclear on intraday — trapped between...
USDJPY has pulled back, filled the Sunday gap, and is now approaching the bottom of the bullish channel we’ve been monitoring. 🔹 Main interest is at 144.767 — key level to look for long entries 🔹 If this support holds, we can expect a swing move to form a new higher high, giving us potential for ~500 pips 🔹 No sell positions unless we break the structure with a...
Price pulled back to our key support at 2.23958 yesterday and held perfectly — now up over 135 pips. We're approaching our next key zone at 2.25282, which has acted as resistance consistently this month. 🔹 If we break and close above 2.25282, we look for continuation buys to 2.26228 🔹 That gives us another +90 pips potential Bias remains bullish unless we fail...
Higher timeframe bias remains bullish, but recent rejections of 2.25282 have caused price action to stall and consolidate near 2.23958. Key levels to watch: If support forms at 2.23958 → look for bullish continuation Safer buys remain at 2.25282 If price stays below 2.23958 → expect a pullback toward 2.22091, which has been a proven bounce zone We’ll reassess...
Gold opened with a 600-pip gap down overnight due to easing geopolitical fears (US/China trade talk optimism), breaking below our key support at 3274.00. However, price quickly snapped back above 3274.00 and is currently showing bullish signs into the London open. 📊 Key Zones to Watch: 3274.00 → if support forms again, early buys possible 3333.00 → safer buy...
Price is consolidating within a tight range between 1.14149 (resistance) and 1.12372 (support). On the 4H chart, EURUSD is approaching the lower bound of that range — 1.12372 — and we’re watching closely to see if support forms. If we get a bullish reaction at 1.12372, this will likely be our trigger for new long positions as the broader structure remains...
EURUSD continues to respect bullish market structure, consistently forming higher highs and higher lows on the daily chart. We recently saw a clean retest and rejection of 1.12372, and if you entered there, you're currently sitting on a +100 pip move. We're now watching for continued bullish pressure and looking for: 🟢 Buys: Pullbacks to 1.12372 (support holds...
Gold closed Friday with indecision, rejecting both 3230.00 and 3274.00 as NFP remained muted. That led to an explosive 936 pip candle yesterday, ripping straight through 3274.00 and closing just shy of the major 3333.00 level. Today, price has already pushed 400 pips higher and is currently hovering around 3365 on the 4H chart. Key Buy Setups: Break above 3380...
Price has now completed the deeper pullback to 2.22091, which was our lower-level support target. On the 4H chart, price is beginning to form support here, suggesting potential upside continuation. If this level holds, I’ll be looking for staged buys from: 2.22091 (current support area) 2.23958 (previous key support/structure break) 2.24775 (resistance flip...
Yesterday was largely bearish as AUDCAD failed to break above 0.88453, forming a triple bottom around 0.88000, then bouncing about 40 pips. Today we’ve seen a clean break of 0.88453, followed by a 1H double top. I’ll be watching closely for a retest of 0.88453 — if price creates support, I’ll look to enter long: 🥇 First target: recent highs for ~30 pips 🥈...
During the Asian session, GBPJPY finally broke out of the bullish wedge we highlighted yesterday and is now breaching the key 192.000 buy level. We’re watching for a break + retest/continuation setup here on the lower timeframes. A clean confirmation opens the move toward 193.000 — a solid 100 pip range before reassessing.
Looking at the daily chart, USDCAD hasn’t done much in terms of our longer-term target but continues to reject 1.38618, which adds confluence to the bearish bias. That being said, the consistent failure to push higher makes me doubt we’ll see the deeper pullback to 1.39621—unless we get a strong fundamental catalyst. So for now: 📉 Current sell zones: – 1.37871 –...
Gold is still stuck in the range between 3333 and 3274, doing very little yesterday in terms of movement or entries. However, with high-impact news events this week including NFP on Friday, I expect more decisive price action starting today. 📌 Trading Plan Buy above 3333, target: 3356 (≈ 240 pips) Sell below 3274, target: 3230 (≈ 400 pips) Once either of these...