Multiple Time Frame Analysis
EUR/USD Daily Setup TradeWithMkyPrice broke the descending trendline.
Bullish pinbar formed exactly on the midline of the bullish channel.
Buy Entry above the high of the pinbar.
Stop Loss below the pinbar low.
Target 1: 1.15244
If Target 1 is hit, consider trailing the stop above the channel’s midline.
Clean R:R setup on D1.
EUR/USD Weekly Analysis – Key Price Action Zones & ForecastWelcome back to the long-term EUR/USD roadmap, where we're not just looking at the next move, but building a vision for the next decade.
📉 What's Happening Now?
The market is currently battling between two major macro zones:
Strong Resistance at 1.22 – This is where bulls face their ultimate test. If price breaks through this zone, we could be looking at a sustained bullish trend, with 1.24 and beyond in sight.
First Strong Support at 1.08 – A level that has held in past market corrections, and a key buy signal if we see price rejection with strong confirmation.
Second Support at 1.0176 – If the first level fails, this is where the ultimate buying opportunity lies. Think long-term here. The price tends to rebound sharply from this level.
🎯 The Educational Breakdown:
Here’s how you can approach the price action using the concept of 'range trading' vs 'breakout trading':
1. Bullish Scenario:
Condition to Watch: A breakout above 1.22 would set the stage for the next leg up, with 1.24 as the initial target. This is a high-probability bullish setup. Keep an eye on strong confirmation candles around this resistance, like a bullish engulfing or a close above the level.
2. Bearish Scenario:
Condition to Watch: If price fails to break and retests the support zones, we could see a retracement back down. The first target should be 1.08, but if that level breaks, we’re looking at the 1.0176 support zone, which historically holds.
3. Major Support Opportunities (Unbeatable Long-term Buy):
The 1.06 to 0.97 zone is your "unbeatable first touch support". Price tends to reject hard from this range, offering high-reward long opportunities for those who can time the entry correctly with strong confirmation.
🔥 The Big Picture
This is not just about trading the next week. This is about building a macro trading model that looks at multiple years of price action. Understanding where the big money plays in terms of support and resistance gives you the advantage to position ahead of the market.
🧠 Key Takeaways for Traders:
Be patient with major support zones – This is where price reversals often occur.
If you're playing the breakout, wait for confirmation candles above 1.22 for sustained momentum.
Use multi-timeframe analysis to confirm key levels – Don’t just rely on the weekly chart; lower timeframes (like daily and 4-hour) can provide entry confirmation.
📈 What’s Next?
As we continue through 2025 and beyond, these key zones will play a crucial role in determining EUR/USD's long-term trajectory. Whether you're trading short-term moves or building a macro position, mastering these zones will set you apart from the crowd.
"The best traders are those who anticipate the big moves, not just react to them."
– TradeWithMky
🔔 Follow for more macro insights and exclusive trading strategies.
📈 @TradeWithMky – where the charts talk louder than the noise.
EUR/USD – The 20-Year Gameplan | How to Think Like a Macro TradWelcome to the most important EUR/USD chart you'll see this decade.
This isn't just technical analysis. This is a macro roadmap stretching from 2003 to 2045 — built for serious traders who think beyond the next candle.
@TradeWithMky #Miracle
📚 What This Chart Teaches You:
✅ Long-Term Channeling: How to map 40-year channels that actually hold.
✅ Key Reaction Zones: Learn where multi-year reversals are most likely.
✅ "Range of a Generation": Why EUR/USD could stay trapped for 5+ years.
✅ Two Futures – One Decision Point: Reclaiming the main channel = Ultra Bullish. Rejection = Controlled Descent.
🎯 Trade Plan Logic (Educational Focus)
📌 If price breaks above the range zone, target is a 50% Fibonacci expansion — with 1.36 and 1.55 as the macro resistances.
📌 If price rejects, the pair could drift within a multi-year compression channel targeting the 1.06–0.95 zone over the next decade.
📌 This model blends technical geometry, historical behavior, and trend integrity — skills every pro trader should master.
👁️ Why This Matters
This is not about predicting next week’s move.
This is about training your eyes to see structure where others see noise.
And if you can see the macro structure, you can outperform 99% of traders who zoom in too much, too soon.
⚡ Bonus Wisdom:
"Amateurs react. Professionals anticipate. Masters build maps."
– TradeWithMky
🔔 Follow me for more deep-dive macro education.
This is where Forex meets vision.
📌 TradeWithMky – where altcoins speak louder than Bitcoin... but Forex whispers the truth.
Tariffs. Turbulence. OpportunityMarkets Rattle as Global Currencies Slide: Central Banks Prepare to Act
Global financial markets plunged on Monday as U.S. tariffs under the Trump administration, alongside retaliatory measures from key trading partners, officially took effect. The result: a wave of uncertainty and volatility that sent the Australian, Canadian, and New Zealand dollars spiraling to steeply discounted levels.
As this new economic reality unfolds, institutional investors and households alike are scrambling to adjust. In response, central banks across the globe face mounting pressure to stabilize their economies. The most immediate solution? Accelerated interest rate cuts.
Beyond the headline noise of trade wars, the deeper concern lies in domestic economic resilience. Economists and central bankers are increasingly turning inward, looking to bolster aggregate demand through aggressive monetary easing. The U.S. Federal Reserve, nudged persistently by President Trump, has already signaled its willingness to comply. Other central banks are expected to follow suit as nations seek to shield local industries from the impact of trade disruption.
The era of lower global interest rates appears to be more than a passing phase—it is becoming the new norm. In volatile times, disciplined strategies and a long-term lens are more essential than ever. We remain focused on seizing value where others see only risk.
US DOLLAR FORECAST (update)Update of stalking bullish behavior in the USD instrument.
Intermarket confluence has aligned instruments such as Gold & US Stocks are soft to Bearish, I focus on XAUUSD and US30 outside of Oil to gauge validity of idea.
Thus said focus is on the 5 min chart, we seek rejections framed from 30 min area of interests.
Trigger should be after 5m Bullish playbook, manipulation is a sign of a healthy "auction".
Cummins India Limited – Strong Fundamentals Powering the FutureCummins India Limited, a subsidiary of Cummins Inc. (USA), is a dominant player in the Indian power solutions market. It operates across three core segments: Power Systems (generators, alternators), Industrial Engines (used in construction, mining, and marine applications), and Distribution (aftermarket services). The company benefits directly from India's infrastructure growth, export opportunities, and the transition to energy-efficient technologies.
🔍 Fundamental Highlights
For FY24, Cummins India reported revenue of ₹8,173 Cr with an EBITDA of ₹1,689 Cr, translating into an EBITDA margin of 20.7%. Net profit stood at ₹1,248 Cr, giving a net margin of 15.3%. The company reported earnings per share (EPS) of ₹45.6.
It remains financially strong with a return on equity (ROE) of 24.5%, return on capital employed (ROCE) at 30.2%, and a very low debt-to-equity ratio of just 0.01, making it virtually debt-free. The current ratio is 2.4, showing strong liquidity, and the inventory turnover ratio is 7.1, reflecting efficient operations.
Despite premium valuations – the stock trades at a P/E of around 69.9x and a P/B of 16.4x – investors remain bullish due to its brand strength, consistent dividends (yielding about 1.3%), and a cash reserve exceeding ₹3,000 Cr.
📉 Technical View – Breakout Confirmed
On 29th May, Cummins India broke out of a long-standing weekly contraction range. The breakout was backed by a volume spike of 2.86 million shares, which is significantly above the 30-day average volume of 614.92K – a nearly 5x surge, often indicative of institutional accumulation.
Momentum is firmly in play with the RSI at 68 on the daily timeframe, holding above the key 60 level— a bullish momentum zone suggesting further upside potential.
🔍 Key Levels
Reversal Zone: ₹2,850 – ₹2,975
Resistance 1: ₹3,285
Resistance 2: ₹3,642
Resistance 3: ₹4,000
Conclusion:
Cummins India shows strong breakout backed by fundamentals and volume. Watch for momentum above ₹3,285 or dips near ₹2,975 for potential entries.
GBPAUD: Short From Resistance 🇬🇧🇦🇺
GBPAUD may retrace from a key daily horizontal resistance.
As a confirmation, I see a double top pattern formation
on that on a 4H time frame and a breakout of its neckline.
I expect a bearish move to 1.0858
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GOLD POSSIBLE DROPGood day traders, it's been a while since I shared my analysis but here's my take on GOLD
There's a high chance Gold will drop as we can see bears are already in control of the trend (Downtrend confirmed), I won't go into much details but this is the possible move that might occur, be ready for anything
Skeptic | Gold (XAU/USD): Breakout Triggers Set to Pop?Hey everyone, Skeptic here! Let’s fire up this Thursday morning with a fresh Gold (XAU/USD) analysis! 😊 We’re diving into the Daily Timeframe to spot the trend, then zooming into the 4-Hour Timeframe for juicy long and short triggers. Stay with me—let’s get to it! 📊
Daily Timeframe: The Big Picture
Gold’s been on a tear, climbing to a high of 3416.19 (it went higher, but I’m using the candle close for faster triggers when we hit those levels :)). Now, we’re in a correction phase, forming a downward channel . This correction has been solid, dropping to the 0.5% Fibonacci retracement. What’s cool about this channel is how cleanly it’s reacting to the ceiling, floor, and midline, making it super valid for us. A break of either the ceiling or floor could give us some killer triggers. But since we’re in a correction, it’s smart to dial back risk on all positions. Lowering risk can mean taking profits quicker, shrinking position sizes, tighter stop losses, or a mix of these to keep your account safe.
4-Hour Timeframe: Long & Short Setups
Now, let’s get to the 4-hour chart for our long and short triggers.
📈 For longs, we’ve got two setups. The first is a bit risky since we haven’t confirmed the downward channel breakout yet—it’s a preemptive move. You can go long after breaking the resistance at 3366.71 . Our main long trigger, though, is a break above 3416.19 , which also cracks the channel’s ceiling and sets us up for new all-time highs. If you catch this one, don’t rush to take profits too fast—let it run!
📉 For shorts, a break below support at 3249.68 opens the door, with RSI hitting oversold as a solid confirmation. But since this goes against the major uptrend, it’s risky—take profits early and keep position sizes small to stay safe. :)
💬 Let’s Talk!
If this analysis sparked some ideas, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to dive into next? Drop it in the comments, and I’ll tackle it. Thanks for joining me—see you in the next one. Keep trading smart! ✌️
Skeptic | USD/JPY Analysis: Bearish Momentum Fuels Short Setups!Hey everyone, Skeptic here! I know some of you might’ve missed our last USD/CHF short signal that hit a sweet 3:1 R/R—no worries! 😊 The market’s always here, so missing a trade isn’t the end of the world. I’m not here to push FOMO; my goal is to take you on a long-term trading journey, and I’m stoked to have you along for the ride! :))) Let’s get back to USD/JPY and break down the latest action. 📊
Daily Timeframe: The Big Picture
First, let’s zoom out and talk about the DXY (US Dollar Index), which recently broke the 99.005 support and turned bearish. This puts USD-based pairs like USD/JPY in the spotlight for short opportunities this week. Here’s what’s happening with USD/JPY:
Trend Context: The major trend is bearish. Last week, sellers showed no mercy to buyers, and with DXY’s bearish move, we’re likely to see more of the same this week.
Key Level: We’re currently reacting to a major daily support at 142.305. Expect a range or reaction here, so we must wait for confirmation before shorting.
Recent Correction: The prior correction reached the 0.50% Fibonacci retracement and seems to have resumed the major bearish trend.
With this in mind, let’s zoom into the 4-Hour Timeframe to hunt for long and short setups.
4-Hour Timeframe: Long & Short Setups
The 4-hour chart is giving us some clear signals to work with. Here’s the plan:
Short Setup:
Key Level: The 142.338 level is critical, as it formed a ceiling at 148.569 in the past and acted as support before.
Trigger: If we form a lower high and then break below 142.305, open a short position.
Confirmation: Use RSI to back up the breakout, ensuring momentum aligns.
Why It Works: A lower high signals increasing weakness in this support, making a break more likely.
Long Setup:
My Take: I personally don’t have a long trigger right now. Both the major and minor trends are downtrends, so going long doesn’t make sense in these conditions.
If You Insist: If you’re set on a long, wait for a break above 144.125. But keep it tight—low risk, small stop loss, and take profits quickly once you hit a decent R/R.
💬 Let’s Talk!
If this analysis sparked some ideas, give it a quick boost—it really helps! 😊 Got a pair or setup you want me to dive into next? Drop it in the comments, and I’ll tackle it. Thanks for joining me—see you in the next one. Keep trading smart! ✌️
Skeptic | SPX 500 Update: Bullish Breakout Brewing?Hey everyone, Skeptic here! It’s been a while since we’ve checked in on the SPX 500 , but the market’s now flashing a killer long opportunity with a high R/R—don’t miss this one! 😊 Stay with me to the end for the full breakdown. Let’s dive into the Daily Timeframe to set the stage. 📊
Daily Timeframe: The Big Picture
The SPX 500 pulled off a deep correction , dropping from a high of 6154.64 to lows around 4810.39 with some wild shadows that caught everyone off guard. But now, it’s firing up with fresh momentum, carving out higher highs and higher lows that scream bullish strength. The corrections in this new uptrend are super shallow and flow with the trend—exactly what we want to see! After hitting resistance at 5961.82 , we’ve had a slight pullback, but it looks like this correction is wrapping up, and we’re on the verge of the next big uptrend leg. Let’s zoom into the 4-Hour Timeframe to hunt for long and short triggers.
4-Hour Timeframe: Long & Short Setups
On the 4-hour chart, the correction shaped up as a descending trendline . We broke it, pulled back, and now we’re primed to crack 5895.39. A breakout above this level is our main long trigger. To get more precise, let’s check the 1-Hour Timeframe.
For the long setup , a clean break above 5896.34 gets us in the game. This move also busts through P.P. Level 1, giving us solid confirmation, and we could ride the wave up to P.P. Levels 3 or 4, targeting 5930.83 to 5956.97 . Those are prime spots to lock in some profits, but don’t close the whole position—since we’re trading with the trend, we can hold for more upside. For shorts, I’ve got nothing. Going against this bullish momentum would be pure madness! I’d wait for a sharp drop below support at 5849.67 before even considering short triggers, but right now, there’s zilch.
💬 Let’s Talk!
If this update sparked some ideas, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments. Thanks for hanging out— let’s grow together and remember: Weathermen forecast. We trade! :))) ✌️