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Multiple Time Frame Analysis

XAU/USD 09-13 December 2024 Weekly AnalysisWeekly Analysis: Swing Structure -> Bullish. Internal Structure -> Bullish. Analysis/Bias remains the same as analysis dated 01 December 2024. Price Action Analysis: In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks. Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range. Price is anticipated to trade down towards either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high. Note: It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend. Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings. Weekly Chart: Daily Analysis: -> Swing -> Bullish. -> Internal -> Bullish. Analysis/Bias remains the same as analysis dated 01 December 2024 Price Action Analysis: Price has shown a reaction from discount of internal 50% EQ. Currently price has been unable to target the weak internal high Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand. Note: With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action. Daily Chart: H4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Bias/analysis remains the same as analysis dated 25 November 2024. Price Action Analysis: As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed. Currently, price is trading within an established internal range. Intraday Expectation: Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart:
OANDA:XAUUSD
by Khan_YIK
Get ready for the upsideThe stock appears to be in a pullback phase. I anticipate it will find support around the previous monthly highs, keeping prices contained between that level and the anchored VWAP (Volume-Weighted Average Price) from the recent swing high. Once the price advances back up toward this anchored VWAP and experiences a slight pullback, the key will be to break through it. If the stock establishes a pattern of higher highs and higher lows on the 30-minute chart, it would strengthen the bullish outlook.
TSX:PPLLong
by AnotherBrian
Time for the Dollar to be realisticWith the news of Donald Trump being the united states new president we have seen nothing but euphoric bullish price action of the dollar. However, I believe that it is finally time for that to come to an end and for the dollar to continue in it's gradual and slow demise. I believe the dollar push to the upside was nothing but a retracement on the HTF and with the bitcoin becoming more of a powerhouse we will continue to see the dollar lose its value. This is supported through my analysis as we can see the dollar reacting from the weekly imbalance and creating LL and LH and Breaking structure to the downside. I believe that this will continue this week and be looking to sell after price takes the ASH and forms Wyckoff in my 3H supply. My only hesitation is that my other pairs that go against the dollar I am also predicting to sell, Although we haven't seen the usual correlation between the pairs they normally have i am still cautious but my analysis remains ever true. If the dollar decides to push further up it will simply be filling the remainder of the Imbalance in order to have a proper reaction from the weekly supply.
TVC:DXYShort
by JamelCapital
XAU sells to push lower?We have surprisingly been seeing a steady ongoing short of Gold over the past weeks and anticipate it to continue pushing lower to the downside. We have two scenarios that could play out this week: Scenario A being price pushes down taking the ASL from last week and reacting from the daily demand zone to push up. However, I don't believe that this will have gold pushing past the previous high but rather grabbing liquidity in order to continue in it's downtrend. Scenario B we see market open price may validate the CHOCH to the downside before taking the ASH and the consolidation that's created pools of liquidity to both the upside and the downside and reacting from the 3H supply zone and continue melting taking liquidity from below that has been building up over the past months.
OANDA:XAUUSDShort
by JamelCapital
GBP/USD shorts to take level 1.24853With the heavy downwards price action we have been seeing on both GU and EU which directly correlates with the GU and the bullish price action of the dollar which goes against the Gu we can anticipate that Gu will continue in this downwards trend to take the last LL at price point 1.24853. looking deeper into candle anatomy we see that Fridays price action left a strong bearish candle signifying sellers are in control. We also see that there are multiple ASL to the downside and other pools of liquidity which can be TP targets. However, there are many demand zones we could see price push up from in the short term to collect liquidity to the upside before continuing in its overall HTF downtrend. It is also possible price could push up market open taking the ASH that lay above before melting.
Short
by JamelCapital
EUR/USD short from 1.05993With the extreme bullish price movement on the dollar and the continual downtrend on the HTF of the Euro we can expect price to continue in its downward move. I can expect to see market open and Asian session consolidation before price pushes up taking the Asian session liquidity and reacting from my LTF zone to continue in its downtrend. This is further supported by the fact we see a large wick to the upside before seeing a strong bearish candle suggesting price strength is to the downside. It is also possible price could push up slightly further as we are beginning to see some HH and HL forming on the LTF signifying a retracement to collect more liquidity before price continues in its downtrend from a 6H supply above.
Short
by JamelCapital
Monthly CLS, Model 1 is forming. Target 50% of rangeMonthly CLS, Model 1 is forming. Target 50% of range. you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. Monthly view What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
Long
by Dave-Hunter
6
EUR/USD Sunday Market ReviewCurrent Market Position The EUR/USD pair is currently trading at 1.05678, positioned at the premium side of its recent trading range. This level represents a significant recovery from the markdown initiated on November 13th, which established the range's parameters. Recent Price Action Analysis The trading range has been defined by: Upper bound: Current levels around 1.05678 Lower bound: 1.04802 Notable displacement: Liquidity sweep on November 22nd Recovery: Strong positive reaction leading into November 30th Technical Structure The price action has demonstrated a clear range-bound behavior with strategic liquidity sweeps. The recent upward movement from the lower displacement suggests accumulation at lower levels, with buyers showing conviction in defending the range's floor. Key Technical Levels Upside targets: Primary resistance: 1.09464 (coinciding with 200 EMA) Extended target: 1.12136 (longer-term projection) Correlation Analysis with US Dollar Index The Dollar Index presents a potentially bearish setup: Current resistance: 108.071 Initial support target: 105.970 Critical breakdown level: 105.347 Further DXY support levels on bearish continuation: Major support: 103.376 Extended targets: 101.856 and 100.000 Technical Patterns The US Dollar Index is exhibiting a head and shoulders pattern on the daily timeframe, although Friday's green close suggests some hesitation in the bearish momentum. This pattern, if confirmed, would align with the bullish EUR/USD scenario. Outlook and Strategy The technical setup suggests a bullish bias for EUR/USD with the following considerations: The pair has shown resilience at lower levels with strong buying pressure The projected move above the 200 EMA could trigger additional momentum The potential USD weakness, as indicated by the head and shoulders pattern, provides fundamental support for the bullish EUR/USD scenario Risk Considerations Traders should monitor: The 105.347 level on the Dollar Index as a key pivot Any failure to breach the 200 EMA could lead to range continuation Friday's positive close on the Dollar Index might indicate temporary strength Conclusion The technical structure supports a bullish bias for EUR/USD with clear upside targets at 1.09464 and 1.12136. This aligns with the potential bearish structure in the US Dollar Index, although proper risk management should be maintained given the recent dollar strength.
Long
by FXCapitalClub
1