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#AUDCHF 1DAYAUDCHF (1D Timeframe) Analysis Market Structure: The price is currently testing a descending trendline resistance, which has consistently acted as a barrier to upward movement. This suggests the potential for selling pressure to emerge at this level. Forecast: A sell opportunity may arise if the price fails to break above the trendline and shows signs of rejection, indicating a likely move to the downside. Key Levels to Watch: Entry Zone: Near the trendline resistance after confirmation of rejection. Risk Management: Stop Loss: Placed above the trendline resistance or recent swing high to minimize risk. Take Profit: Target the next support levels or Fibonacci retracement zones for potential downside movement. Market Sentiment: The price action at the trendline indicates bearish sentiment, with sellers likely to dominate if the resistance holds firm.
Short
by PIPSFIGHTER
USD/JPY (UJ) Analysis (Daily Timeframe)The USD/JPY pair has been following a clear market cycle, transitioning from distribution to markdown , followed by accumulation , and now entering a bullish markup phase , showcasing strong bullish momentum. Key Observations: Market Phases: Distribution Phase: The bullish move ended near the 162 level , where sellers gained control, initiating a markdown. Accumulation Phase: After a significant markdown, UJ found a base around the 140 level, forming an accumulation phase with demand coming back into the market. Current Phase: The pair has now broken out of accumulation and is in a bullish move, with a well-defined structure of higher highs and higher lows. EMA Surfing and Momentum: The price is currently surfing upward along the EMAs , showing strong trend-following behavior with EMAs acting as dynamic support. The tightening of the EMAs during the accumulation phase has now expanded , supporting the continuation of the bullish move. Scenarios to Watch: Continuation to Targets: USD/JPY could continue its bullish momentum toward the short-term target near 159 and potentially the medium-term target around 162. This aligns with the ongoing strength in the USD and the current bullish structure . Pullback for Reaccumulation: A potential retracement could act as a reaccumulation phase, gathering liquidity before resuming the uptrend.
Long
by TraderOuss_LumaNex
NZD/USD Poised for a Breakout ?The NZD/USD pair shows signs of potential bullish momentum following a bounce from a key support level near 0.55900. Price is currently challenging the 0.56028 resistance, with further upside likely if this level is broken and sustained. The downward sloping moving average indicates a prevailing bearish trend, so this move could be a short-term retracement or a possible trend reversal depending on market strength. Key Insights Entry Area: Around 0.55940 – 0.56028 Stop-Loss: 0.55103 to manage downside risk First Target: 0.56156 Second Target: 0.56370 Final Target: 0.56781 Watch for a confirmed breakout above 0.56028 for a continuation toward higher levels. A failure to hold above 0.55900 could trigger further downside movement. Market volatility and U.S. dollar news should be closely monitored for momentum shifts. This setup offers a solid risk-to-reward ratio, balancing caution and opportunity in the current market structure.
Long
by wolfchemist
#AUDNZD 1DAYAUDNZD (1D Timeframe) Analysis Market Structure: A bearish engulfing candlestick pattern has formed, indicating strong selling pressure at the current price level. This pattern suggests that the bulls have lost control, and the bears are likely to dominate in the near term. Forecast: A sell opportunity is expected as the price shows signs of reversal following the bearish engulfing pattern, signaling potential downside movement. Key Levels to Watch: Entry Zone: After confirmation of the bearish engulfing pattern. Risk Management: Stop Loss: Placed above the high of the engulfing candle to limit risk. Take Profit: Target the next support levels for potential downside targets. Market Sentiment: The bearish engulfing pattern signals a shift in market sentiment, with selling pressure expected to continue as long as the price stays below the recent high.
Short
by PIPSFIGHTER
#USDJPY 2HUSDJPY (2H Timeframe) Analysis Market Structure: The price is currently testing a key resistance level, which has previously acted as a barrier to upward movement. Signs of rejection at this level indicate potential selling pressure. Forecast: A sell opportunity is anticipated if the price continues to face rejection from the resistance zone, signaling a possible move downward. Key Levels to Watch: Entry Zone: Near the resistance level after confirmation of rejection. Risk Management: Stop Loss: Placed above the resistance zone or recent swing high to minimize risk. Take Profit: Target the nearest support levels for potential downside movement. Market Sentiment: Selling pressure is expected to dominate as long as the price remains below the resistance level, maintaining a bearish outlook.
Short
by PIPSFIGHTER
#XAGUSD 2HXAGUSD (2H Timeframe) Analysis Market Structure: The price has broken above a key resistance level, which is now acting as support. This change in role indicates potential bullish momentum, with buyers likely to dominate if the level holds. Forecast: A buy opportunity is expected as the price respects the new support level, confirming the breakout and signaling further upward movement. Key Levels to Watch: Entry Zone: Near the support level after confirmation that the price is holding above it. Risk Management: Stop Loss: Placed below the support level to limit downside risk. Take Profit: Target the next resistance levels or Fibonacci extensions for potential upside movement. Market Sentiment: The transition of resistance into support reflects strengthening buying interest, favoring upward continuation as long as the support holds.
OANDA:XAGUSDLong
by PIPSFIGHTER
#CHFJPY 1DAYCHFJPY (1D Timeframe) Analysis Market Structure: The price is testing a trendline resistance, which has previously acted as a barrier to upward movement. A bearish engulfing candlestick pattern has also formed near this resistance zone, indicating potential selling pressure. Forecast: A sell opportunity is anticipated as the price faces rejection from the trendline resistance, supported by the bearish engulfing pattern signaling downside potential. Key Levels to Watch: Entry Zone: Near the trendline resistance after confirmation of rejection. Risk Management: Stop Loss: Placed above the trendline resistance or the high of the bearish engulfing candle. Take Profit: Target the next support levels or Fibonacci retracement zones for potential downside targets. Market Sentiment: Bearish signals suggest sellers may take control if the price remains below the trendline resistance, maintaining downward momentum.
Short
by PIPSFIGHTER
#GBPCHF 1DAYGBPCHF (1D Timeframe) Analysis Market Structure: The price is trading within a descending channel, respecting both resistance and support levels. It is currently near the upper boundary of the channel, suggesting potential selling pressure. Forecast: A sell opportunity may develop if the price respects the channel resistance and shows signs of rejection, indicating a possible move toward the lower boundary of the channel. Key Levels to Watch: Entry Zone: Near the channel resistance after confirmation of rejection. Risk Management: Stop Loss: Placed above the channel resistance or recent swing high to minimize risk. Take Profit: Target the midline or lower boundary of the channel for potential downside movement. Market Sentiment: The price structure within the channel indicates a bearish outlook, with selling pressure likely to continue as long as the price remains below the resistance level.
Short
by PIPSFIGHTER
#USDJPY 2HUSDJPY (2H Timeframe) Analysis Market Structure: The price is trading within a channel pattern, respecting both support and resistance levels. Currently, it is near the upper boundary of the channel, indicating possible resistance. Forecast: Wait for a retest of the channel resistance before considering a sell position, as confirmation is required to validate a potential move downward. Key Levels to Watch: Entry Zone: After a retest and rejection from the upper boundary of the channel. Risk Management: Stop Loss: Placed above the channel resistance or recent swing high. Take Profit: Target the midline or lower boundary of the channel for potential downside movement. Market Sentiment: The setup suggests a cautious bearish bias, but confirmation signals are needed before executing a trade.
Short
by PIPSFIGHTER
#EURCHF 1DAYEURCHF (1D Timeframe) Analysis Market Structure: Trendline Resistance Breakout: The price has broken above a key descending trendline resistance, signaling a potential shift towards bullish momentum. Forecast: Buy Opportunity: The breakout suggests increased buying interest, with expectations for further upward movement if the price sustains above the broken trendline. Key Levels to Watch: Entry Zone: Consider buying after confirmation of the breakout or on a retest of the trendline as new support. Risk Management: Stop Loss: Placed below the broken trendline or recent swing low to minimize risk. Take Profit Zones: Focus on the next resistance levels or Fibonacci extensions for potential targets. Market Sentiment: Bullish Bias: The breakout indicates a potential trend reversal, favoring buyers as long as the price remains above the trendline support.
Long
by PIPSFIGHTER
#EURCAD 1DAYEURCAD (1D Timeframe) Analysis Market Structure: Support Trendline Breakdown: The price has broken below a key ascending trendline support, indicating potential weakness and bearish pressure. Forecast: Wait for Retest, Then Sell: A retest of the broken trendline as new resistance could provide confirmation for a selling opportunity. Key Levels to Watch: Entry Zone: Look for price rejection at the retest of the trendline or near resistance areas before entering a sell position. Risk Management: Stop Loss: Placed above the retest zone or recent swing high to limit risk. Take Profit Zones: Target nearby support levels or Fibonacci extensions for potential downside moves. Market Sentiment: Bearish Bias: The breakdown suggests sellers are gaining control, but waiting for a retest offers a safer entry point to confirm the trend reversal.
Short
by PIPSFIGHTER
#XAGUSD 4HXAGUSD (4H Timeframe) Analysis Market Structure: Resistance Trendline Breakout: The price has broken above a key descending trendline resistance, indicating a potential shift in momentum toward the upside. Forecast: Buy Opportunity: The breakout suggests bullish momentum, with further upward movement likely as long as the price holds above the broken trendline. Key Levels to Watch: Entry Zone: After breakout confirmation or a retest of the trendline as new support. Risk Management: Stop Loss: Placed below the broken trendline or recent swing low to limit downside risk. Take Profit Zones: Focus on the next resistance levels or Fibonacci projections for potential targets. Market Sentiment: Bullish Bias: The breakout above trendline resistance reflects increased buying interest, supporting expectations for further gains.
OANDA:XAGUSDLong
by PIPSFIGHTER
#BTCUSD 4HBTCUSD (4H Timeframe) Analysis Market Structure: Resistance Zone: The price is currently testing a key resistance area, showing signs of selling pressure. Bearish Engulfing Area: A bearish engulfing candlestick pattern has formed near the resistance level, indicating potential downside movement. Forecast: Sell Opportunity: The presence of a bearish engulfing pattern at resistance suggests a possible rejection, signaling a short-term sell setup. Key Levels to Watch: Entry Zone: Near the resistance area after bearish confirmation. Risk Management: Stop Loss: Above the resistance zone or the high of the bearish engulfing candle to limit risk. Take Profit Zones: Target the nearest support levels or Fibonacci retracement areas for downside targets. Market Sentiment: Bearish Bias: Selling pressure at resistance highlights a potential reversal, favoring short positions as long as the price stays below the resistance zone.
BINANCE:BTCUSDShort
by PIPSFIGHTER
2
XAUUSD analysis Gold benefited from escalating geopolitical tensions and the global shift toward a looser monetary policy environment throughout 2024, setting a new all-time high at $2,790 and rising around 25% for the year. However, the uncertainty surrounding the impact of US President-elect Donald Trump’s policies on the global economy and the unpredictability of the geopolitical environment paint a cloudy picture for the precious metal in 2025The XAU/USD pair may test initial support around the nine- and 14-day EMAs at $2,635.00 and $2,633.00, respectively. Further support appears around its monthly low of $2,583.39, recorded on December 19.Gold price trades near $2,660.00 per troy ounce on Friday, with the daily chart signaling an emergence of a bullish bias. The metal price has climbed above the nine- and 14-day Exponential Moving Averages (EMAs), indicating a strengthening bullish momentum in the short term. Moreover, the 14-day Relative Strength Index (RSI) has risen above the 50 level, further supporting the development of a bullish bias. On the upside, the XAU/USD pair may explore the area around the psychological resistance of $2,700.00, followed by the next barrier at its monthly high of $2,726.34, reached on December
OANDA:XAUUSDShort
by KingForex078