Get started

Keylevels

EUR-USD Local Support And Resistance Analysis! Hello,Traders! EUR-USD is trading in an uptrend So our basic underlying bias is bullish However, looking at the 1D TF we can see That the horizontal resistance that we are seeing On the chart above is a weekly resistance level Which means that the soon breakout is Somewhat unlikely therefore We will be expecting a bearish correction In the mid-term so these are the closest Horizontal support levels to look at: Horizontal Support 1= 1.06(weak) Horizontal Support 2= 1.045 Horizontal Support 3= 1.025 Like, comment and subscribe to boost your trading! See other ideas below too!
Short
by TopTradingSignals
6
GOLD Key Levels! Analysis! Hello,Traders! GOLD has made a pullback From the horizontal resistance level Just as I predicted in my previous analysis Now, the price is in the lymbo Between the resistance at1810 And the nearest support level at1720 So we will be able to tell the Potential direction of the next move After the retest of the one of these levels IF the current support breaks then The next support level will be at 1620 So let's wait and see! Like, comment and subscribe to boost your trading! See other ideas below too!
OANDA:XAUUSDShort
by TopTradingSignals
8
FREE - EURUSD - Key Levels Mapped Out In this post we have mapped out all of the major key levels to watch over the coming weeks for EURUSD. They comprise of Monthly, Yearly & Structural Major Key Levels essential for price action in EURUSD charts. For any new followers, you are able to use these key levels to guide your trading decisions and watch for how price reacts to them in order to place trades. Monthly Key Levels: Monthly key levels are important because they represent longer-term support and resistance levels. These levels are significant because they can provide traders with a better indication of where the market is likely to move next, and may be used as an entry or exit point for a trade. Long-term support and resistance levels can also be used to identify possible reversal areas and to set profit targets. Structural Key Levels: Structural key levels are important because they help traders identify potential areas of support and resistance. These areas are important because they provide insight into the underlying strength of a trend and can be used to identify potential entry and exit points. By analyzing these levels, traders can better determine when to enter or exit positions in order to maximize profits. Additionally, these levels can also be used to indicate when a trend is reversing, allowing traders to position themselves accordingly. Summary These are all important levels to be aware of when trading EURUSD. Being aware of these levels will help you to identify potential entry and exit points for your trades, as well as identify potential support and resistance levels. Additionally, it is important to remember that these are just a few of the key levels to watch out for, as there are many other levels that will be important to be aware of. Knowing these levels will help you to make informed trading decisions, and ultimately increase your chances of success in the market. I encourage you to like, follow, and share to stay up-to-date with the latest news and information on this chart throughout the week.
by JoelWarby
2
✅GOLD TECHNICAL ANALYSIS|LONG🚀 ✅GOLD is paining an interesting technical picture But first thing first, the downtrend is over Both the falling and horizontal resistance areas Were decisively broken. However, the price Went up by almost 8.5% in less than a week Without any pullbacks so a correction is inevitable. The price will gpo down into the supply ara below And from there it can start growing again With the next resistance being the 1800 level LONG🚀 ✅Like and subscribe to never miss a new idea!✅
OANDA:XAUUSDLong
by ProSignalsFx
12
BTC Likely to Test June 2022 Lows SoonToday saw volatile, whipsawing price action in both cryptos and equity indices. BTC was no exception. As discussed in an article on September 19, 2022 at the start of this week (see link in the Primary Chart above), the US Federal Reserve Open Market Committee (FOMC) has held their September 2022 meeting on Tuesday and Wednesday this week. This meeting concluded today with a presser at 2:00 p.m. EST in the US. The hawkish monetary policy that has been fostered by the FOMC has put pressure on risk assets for much of this year. Federal Reserve Chair Jerome Powell clearly stated that monetary policy would continue to remain restrictive and tight for quite some time until inflation comes down toward its 2% target. The Federal Reserve, along with other central banks around the globe, have been attempting to tackle sticky inflation. Inflation has been the number one problem in developed countries from a macroeconomic perspective, and it has been running at high levels not seen in decades. Though some argue that inflation may have peaked, and there are good arguments for this conclusion, it remains sticky and well above central banks' targets, which in the US is 2%. The Primary Chart above links to other recent posts on BTC where key levels are discussed in more detail than in this post, especially the downtrend line and key Fibonacci levels. After the FOMC presser, it appears that BTC is heading quickly to test June 2022 lows. BTC failed in its breakout attempts over the summer as to key levels. This is discussed in the prior posts linked in the Primary Chart above. In the most recent post regarding levels to watch this week, .786 retracement of the summer rally was identified as a key one to watch. Price chopped around this level with two failed breakout attempts. These failed breakouts are similar to the failed breakouts as to other key Fibonacci levels as well discussed in the linked recent posts. Supplementary Chart A: Failed Breakouts This Week over .786 Retracement Level Given these failed breakouts, combined with the failure on September 13, 2022, at the major downtrend line resistance, BTC is likely headed to test June 2022 lows soon. First it must violate the lows from earlier this week at 18,271. A successful violation of this level will lead directly to June 2022 lows. After that, some of the Fibonacci Channel lines can be considered as subsequent targets. Please also see the update by @Tradersweekly posted in the link below, which covers volume and some additional resistance levels based on multi-year price peaks. This article is highly recommended for a complementary but slightly different perspective on BTCUSD. ________________________________________ Please note that this technical-analysis viewpoint is short-term in nature. This is not a trade recommendation but a technical-analysis overview and commentary with levels to watch for this week. Also note that countertrend trading, e.g., trading a rally in a bear market, is tricky and challenging even for the most experienced traders. Countertrend trades are lower probability trades as well. This technical-analysis viewpoint could change at a moment's notice should price move beyond a level of invalidation. Further, proper risk-management techniques are vital to trading success. Author's Comment: Thank you for reviewing this post and considering its charts and analysis. The author welcomes comments, discussion and debate (respectfully presented) in the comment section. Shared charts are especially helpful to support any opposing or alternative view. This article is intended to present an unbiased, technical view of the security or tradable risk asset discussed. DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction.
Short
by SquishTrade
2
NZDUSD Potential Selling Opportunity!Hello Traders, In this week's trading session we will be monitoring NZDUSD for a Selling opportunity in and around 0.568 supply zone . Once we get a bearish confirmation the trade will be executed and shared with our premium subscribers! - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Short
by BiggainLTD
1