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$DXY Analysis ''Are we going after the sellside liquidity?''Hi guys, this time i bring you all a Dollar analysis, where my direction is bearish if the yields really throw it down with the SMT Divergence, I'm bearish because we closed under the Weekly Inverted Fair Value Gap and also we have an OB which is really strong even though it has a lot of liquidity in the upper part, but still, im expecting to see DXY going after the PWL mainly, and then if it really plays out slowly then we could go after those EQLs and the Weekly BISI where we would bounce off back again after the 50% of the Monthly FVG above.
TVC:DXYShort
by zeratrading
BluetonaFX - GBPUSD 61.8 Fibonacci LONG to Trendline ResistanceHi Traders! GBPUSD has found some short-term support at the 61.8 Fibonnaci Retracement Area, and there are opportunities for long entries towards the trend line resistance. Price Action 📊 The 61.8 Fibonacci area looks quite strong at the moment; the bears seem to have exhausted at this level. Although we must be careful here as the market is still under the 20 EMA, trades should be kept very tight in case of any continuation to the downside. Fundamental Analysis 📰 There were positive fugures out of the UK this morning with better than expected GDP m/m and preliminary GDP q/q figures, which will most likely increase positivity on the pound.   Support 📉 1.22128: PREVIOUS DAY'S LOW Resistance 📈 1.22580: PREVIOUS DAY'S HIGH 1.22658: TRENDLINE RESISTANCE Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
1
USD/CHF Sell Opportunity - Swing Trade - 0.90000 Key ResistanceI have just taken a sell position on USD/CHF expecting some strong selling pressure over the next coming weeks. From a technical perspective we can see price has come into 0.90000 level which is a key area of daily / weekly resistance where in the past the market has reacted to favourably. I am expecting again a strong reaction from this area. I will not be going into the entry confirmation for this trade. Stoploss is going to be at the high of the current daily candle. Targets have been outlined within the screenshot provided.
Short
by FXEntries
EUR/NZD Sells Active - Swing Trade - Key Resistance 1.80500I have just taken a sell position on EUR/NZD expecting some good selling pressure over the next couple of weeks. From a technical perspective we can see price has come into the 1.08500 level which is a key area of daily/weekly resistance where in the past the market has reacted from favourably. I am expecting again a strong reaction from this area. I will not be going into the entry confirmation for this trade idea. Stoploss is going to be at the high of the current daily candle. Targets have been outlined within the screenshot provided.
Short
by FXEntries
2
BluetonaFX - EURUSD SHORT to previous Range ZoneHi Traders! EURUSD has broken the previous range zone resistance, and there is a possibility of a support break back into the range zone. Price Action 📊 The market's price action on the 4H chart has been very bullish with the range zone momentum break; however, the price seems to have exhausted and the market is now pulling back. We are now looking for a price break and a close below 1.06946 for confirmation of a complete pullback. Fundamental Analysis 📰 Euro zone borrowing costs rose on Monday as investors took a breather after pricing in last week up to 100 basis points of European Central Bank rate cuts by December 2024, sending the benchmark Bund yield to a seven-week low. Support 📉 1.06946: PREVIOUS RANGE ZONE RESISTANCE Resistance 📈 1.07564: WEEKLY HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX BluetonaFX
Short
by BluetonaFX
1
GBPJPY: Thoughts and Analysis pre-BOE.Today's focus: GBPJPY Pattern – Ascending Triangle Pattern Support – 181.16 - 178.17 Resistance – 184.12 - 183.65 - 186.50 Hi, and thanks for checking out today's update. Today, we are looking at the GBPJPY on the daily chart. For now, we remain bullish on this pair, but as we have discussed in today's video analysis, we want to see a new weekly high to show buyers are in control after Tuesday's breakout. The worry is that buyer momentum might not be as strong as first thought, and we could see selling continue to grind down Tuesday's move. What will the BOE bring to the table? Rates are forecast to remain on hold, but what will we see in the statement? Will it support buyers or add to the indecision? Good trading.
Long
by Eightcap
GOLD ROUTE MAP & TRADING PLANS FOR THE WEEK AHEADHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We had a continuation of the strong move up last week with price finishing of with testing weighted resistance at 1904 and then support at 1979. EMA5 cross above 1904 will open the levels and range above to track and trade or a cross and lock below 1979 will open the retracement range at 1959 -1950 correctional retest zone. A break below the retracement range will see a test to the swing range for a bounce and a failure to lock below the retracement range will see a bounce up from this level. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and the catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends. BULLISH TARGETS 1987 EMA5 CROSS AND LOCK ABOVE 1987 WILL OPEN THE FOLLOWING BULLISH TARGET 1994 2005 EMA5 CROSS AND LOCK ABOVE 2005 WILL OPEN 2018 AN 2032 BEARISH TARGETS 1979 EMA5 CROSS AND LOCK BELOW 1979 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 1959 1950 EMA5 CROSS AND LOCK BELOW 1950 WILL OPEN THE SWING RANGE RANGE SWING RANGE 1913 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
24
#GBPAUD buying opportunityHello, traders and colleagues. Let's take a look at the GBPAUD chart to explore the potential buying opportunity it presents. Recently, the price broke above the 4-hour bearish trendline and subsequently followed by a bearish retracement. This short-term bearish corrective move has also introduced another trendline, which was breached earlier today, due to worst than expected news released for the AUD this morning. Currently, the price is testing a crucial level, comprising the broken trendline and a short-term support and 1H 200 EMA which could potentially prompt the price to reverse and resume its bullish momentum. If you have found this analysis helpful, please take a moment to leave a like and a comment or share your idea with me.
Long
by mohemati
5
GBPUSD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
2
↗️USDJPY might be ready for the next bullish leg↗️USDJPY is still in technical uptrend, recently showing few cycles of reaccumulation - when prices dips below the low to manipulate weak hands, only to continue higher. In recent UJ outlook we discussed that the price need more time to accumulate before continuation, and right now it seems like UJ is starting to build up chains of demand and structure as showed on the chart. Will look for more bullishness, and if we get break to the downside - will expect further back and forth.
Long
by Yelli_trades
17
BluetonaFX - AUDNZD Range Breakout SHORT IdeaHi Traders! AUDNZD is approaching the range support area, and there is a possibility of a breakout to the downside. Price Action 📊 There was a momentum break and close below the EMA to indicate that the bears are currently in control, and this will be the third time the bears have tested at the support area. We are looking for a break and close below the support area. Fundamental Analysis 📰 The market's outlook on New Zealand has been positive, with better than expected GDP figures announced for Q2, so traders are most likely bullish on the NZD. Support 📉 1.07252 - 1.07394: SUPPORT AREA Resistance 📈 1.09130 - 1.09265: RESISTANCE AREA Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
3