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DAX40/ Reversing From (ATH)DAX Technical Analysis: The price reversed from their ATH, and it looks like now has a bearish momentum as long as trades below the last high level of 20460 especially if breaks below 20360 to continue the bearish trend toward 20020 and 19910. Otherwise should break the ATH closing 1h or 4h candles above it to be a bullish area toward 20575 Key Levels: Pivot Point: 20350 Resistance Levels: 20460, 20580 Support Levels: 20360, 20220, 20020 Trend Outlook: Bearish Momentum
PEPPERSTONE:GER40Short
by SroshMayi
Potential bullish rise?S&P500 is reacting off the pivot and could rise to the 1st resistance. Pivot: 5,869.57 1st Support: 5,707.08 1st Resistance: 6,093.53 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:US500Long
by ICmarkets
XRP Price Update: Short-Term Dip or Buying Opportunity?🚨 XRP Price Update: Short-Term Dip or Buying Opportunity? 🚨 CRYPTOCAP:XRP is currently trading at $2.19, reflecting a slight decline of 2.43% over the past 24 hours. Despite the short-term volatility, XRP continues to shine as one of the most popular cryptocurrencies with strong fundamentals and a loyal community. 🔑 Key Levels to Watch 📈 Resistance: $2.30 (Potential short-term target) 📉 Support: $2.10 (Critical support zone to monitor) 📊 Trade Setup 🟢 Long Entry: Around $2.15, targeting: 1️⃣ $2.30 (short-term PDA) 2️⃣ $2.40 (next major level) 🔴 Short Entry: If XRP falls below $2.10, consider: 1️⃣ $2.05 (retracement zone) 2️⃣ $1.95 (lower PDA) 🛡 Risk Management 💡 Stop-loss: $2.05 to minimize downside risk. 💬 Market Insight The slight dip in XRP may present a buying opportunity for those looking to accumulate at lower prices. Keep an eye out for recovery signals to confirm a bullish trend in the short term. 🚀 Stay tuned for updates and trade wisely!
Long
by AlphaBull-Trading
Short EUR/JPYMy Trade Idea: I'm looking to capitalize on supply and demand zones in the EUR/JPY market. Supply Zone: I've identified a strong supply zone around 163.580. This area saw a lot of selling pressure in the past, and I expect the price to encounter resistance here again. Demand Zone: Below that, I've marked a demand zone that saw strong buying pressure previously, and I expect the price to find support here. Entry Strategy: Short Entry: If the price approaches or breaks below the supply zone at 162.330, I'll initiate a short position. Take Profit Target: My take profit target is set at 161.434. This level represents a significant price move from my entry point and offers a good reward-to-risk ratio. Stop-Loss: For Short Entry: I'll place my stop-loss above the supply zone at 163.960. This limits my potential losses if the price moves against my position. Timeframe: I'm analyzing this on a 4-hour chart. Risk Management: I'll strictly adhere to my stop-loss orders. Next Steps: I'll monitor the market closely and wait for the price to approach my entry points. I'll also keep an eye on any news or events that could impact the EUR/JPY pair. Disclaimer: Trading involves risks, and past performance is not indicative of future results. I've carefully considered my risk tolerance and will only trade with capital I can afford to lose. Let me know if you'd like to discuss any specific aspects of your strategy in more detail!
Short
by PipsandProfitFX
EUR/USD: Be careful with last minute Holiday shoppingHello traders My last idea worked out profitably. +85 pips. We are entering the last 24-36 hours of meaningful trading. Keep in mind, the Asian markets may not be so invested in the Holidays and may take advantage of the low liquidity in the Western markets. However, levels are levels, especially in the most liquid currency pair, EUR/USD. Take a good look at the monthly levels and how it translate on the lower time frame charts. I base most of my trades on monthly/weekly levels and fine tune it on the 1 to 4 hour charts. Fundamentally, the USA finalized the spending bill. PCE came in a tad lower at 0.1% As I have mentioned in my idea the chaos is back in Washington D.C. even before the inauguration of the President elect Elonald Trump. What happened this week is unconscionable. The blatant power struggle between Trump, Musk and our elected representatives in Congress has started. Mark my words, Trump will dump his unelected co-president sooner than later. He got elected and does not share the limelight with anyone. Remember how he broke hundreds of years of protocol and walked ahead of the late Queen Elizabeth 2nd during a State visit? The other significant development was how 38 GOP members of the House defied Trump and voted against his instruction to raise the debt limit ceiling. With a razor thin majority in the House, Trump is going to have a hard time implementing his agenda, so fasten your seat belts. All in all, the EURO is fundamentally weaker than the USD but investors do not like uncertainty. Just look at the strength of the JPY as a safe have when adverse geopolitical developments happen. I initiated a short position from 1.0442 and will monitor the 1.0419 level if it breaks, down to 1.0384 level for another long position. Best of luck. Happy Holidays.
by jvrfxalerts
2
XAU/USD Chart Analysis and Analytical Gold Price ForecastXAU/USD Chart Analysis and Analytical Gold Price Forecast for 2025 With the holiday season underway, this week may be less volatile than the previous one, which was dominated by central bank decisions. This presents an opportunity to analyse the broader trends and outlook for gold prices in 2025. The XAU/USD chart reveals that gold prices have been moving within an ascending channel, gaining approximately 27% since the start of 2024. The short-term outlook appears bearish due to the following factors: - Gold prices fell after last week’s Federal Reserve interest rate cut, signalling increased selling pressure. - The $2,720 level remains a key resistance, having reversed the price downward in November and December. - While a recent upward reversal (indicated by an arrow) shows renewed buying interest near the lower boundary of the ascending channel, persistent selling pressure could still lead to a bearish trend. This might result in a breakdown below the blue channel's lower boundary and the formation of a descending channel (outlined in red). Despite short-term challenges, analysts remain optimistic about gold's prospects for 2025. Donald Trump's return to the White House may significantly change global trade, Western alliances, and geopolitical dynamics. These uncertainties may increase demand for gold as a so-called safe-haven asset. A BullionVault survey of around 1,450 participants predicts that gold prices could reach $3,070 by the end of 2025, driven by concerns over geopolitics and mounting national debt. In this context, even if the lower boundary of the blue channel is breached, bullish momentum could resume, possibly from one of the grey support levels. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XAUUSD
by FXOpen
1
SPX500 Short to Support Area Greetings there traders here is my idea on SPX 500 I believe that the downward movement will continue within the correction (1 2 3). I expect wave “3” to start moving very soon. I think that the nearest target is the area of 5716 level, because there is a strong support area. We can see that the price is managing itself for a future Downtrend Movement. Traders make your own analysis before trading. I think we can soon see more fall from this range! GOOD LUCK! Great Sell opportunity for SPX500 I still did my best and this is the most likely count for me at the moment. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad!
OANDA:SPX500USDShort
by Zaks_ForexRules
USD/CAD 4H Timeframe AnalysisUSD/CAD 4H Timeframe Analysis Trend Analysis: The USD/CAD pair remains in an uptrend on the 4-hour timeframe. The price recently broke above the minor key resistance at 1.4400, forming a strong bullish candle that closed above this critical level. However, an inverted hammer followed, signaling potential market hesitation and a possible reversal. The price entered a manipulation phase, moving lower to grab stop-loss orders below the minor resistance level before showing signs of recovery. The trendlines plotted for key support and resistance levels suggest potential opportunities for reversals or breakouts in either direction. Price Action Expectation: Our objective is to wait for the price to break above the minor key resistance at 1.4400 again, confirming bullish continuation: Entry Plan: Place a buy stop order at 1.44020 to ensure entry upon confirmation of the breakout. Stop Loss: Position below the liquidity grab at 1.43340 for risk management. Take Profit: Target the next resistance at 1.45400, yielding a favorable risk-to-reward ratio of 2:1. Fundamental Insights: The US Dollar (USD) regains some positive traction after Friday’s pullback from a two-year high, buoyed by the Federal Reserve’s hawkish shift, signaling a slower pace of rate cuts in 2025. This outlook supports elevated US Treasury yields, providing a tailwind for the greenback. Conversely, the Canadian Dollar (CAD) continues to face pressure due to domestic political uncertainties and the Bank of Canada’s dovish stance. The BoC recently projected slower growth in Q4 and highlighted concerns about potential new tariffs on Canadian exports to the US, creating an unclear economic outlook. Moreover, Statistics Canada reported weaker-than-expected retail sales for October and stagnation in November. However, an uptick in crude oil prices lends some support to the commodity-linked CAD, potentially capping USD/CAD’s upside. News Consideration: Later today, the Canadian GDP m/m report is scheduled, with a forecasted growth rate of 0.2%. This release could significantly impact the USD/CAD pair, as any deviation from the forecast may trigger volatility. Trade Setup: Trade Type: Buy Stop Entry Price: 1.44020 Stop Loss: 1.43340 Take Profit: 1.45400 Additional Considerations: Key Levels: Monitor price behavior around 1.4400 and 1.43340, as these levels will guide short-term direction. Risk Management: Use proper position sizing to maintain a favorable risk-to-reward ratio, considering the potential volatility from the GDP release. Conclusion: USD/CAD shows bullish potential if the price confirms a breakout above 1.44020. The fundamental backdrop supports USD strength, while CAD remains vulnerable to political and economic concerns. Watch for price confirmation and market reactions to the GDP release to optimize trade execution. Targeting the 1.45400 resistance level offers a compelling opportunity, provided risk is managed effectively.
Long
by RebornFXTrader