EURUSD at Key Resistance - Will it Drop to 1.03628?EURUSD is at a critical resistance zone that has consistently acted as a barrier for bullish momentum. This area aligns with prior supply levels and may attract seller interest.
If rejection patterns, such as bearish engulfing candles or long upper wicks, appear, I anticipate a move toward 1.03628. Conversely, a break above this resistance could indicate a shift in sentiment.
Traders should monitor this zone closely and wait for confirmation before entering short positions. If you have anything to add or a different perspective, I’d love to hear from you in the comments!
Supply and Demand
$TRUMP: VOLATILE MOVES AT ATH - CAUTION REQUIRED? BE CAREFUL $TRUMP/USDT 30M Analysis
⚠️ HIGH VOLATILITY ALERT ⚠️
LEVELS TO WATCH:
• ATH Zone: $75 area (marked in chart)
• FVG (Fair Value Gap): $30-35 zone
• Current price: $72.95 (+5.16%)
Technical Overview:
- Strong volatile moves with high volume (204.03K)
- Formed ATH resistance zone
- Clear FVG below that needs filling
CAUTION:
- Extremely high volatility expected
- Wide spreads likely
- Risk management crucial
Note: This is purely technical analysis. High-risk meme token - trade with extreme caution. Consider smaller position sizes.
#TechnicalAnalysis #Crypto #Trading
DAX Long1)Trend defined. Weekly Uptrend.
2)Contradictory entry. Retracement visiting a previous key level.
3)Default loss. Below the false breakout of the 1h range.
4)Default target level. First 4.91, second 5.69. Third arbitrary at 7.2 (looking at the round level of 20.600)
5)Risk <= 3%.
6)Singular trade.
7)Trades placed today <= 5.
Long trade
4Hr TF Entry
1Hr TF Overview
Buyside trade
Pair E71!
Entry 4Hr TF
NY to Tokyo Session PM
Mon 13th Jan 24
6.00 pm
Entry 1.0284
Profit level 1.0464 (1.75%)
Stop level 1.0242 (0.41%)
RR 4.29
Reason: The observation of price action reaching a pivotal demand level on the 4-hour TF seemed indicative of a buy-side trade.
TRUMP SAY HELLO TO (BITCOINER ) Trump's Presidential Oath ✅
Tomorrow Donald Trump will take oath as 47th president of America. Effect of presidential oath on #FOREX market.
✅#BTCUSD 🌍
Trump is highly in the favour of #Btcusd and you have already saw #Btcusd movement when Trump won USA elections.
Tomorrow #Btcusd will highly be volatile and it's upcoming Target will be #120k$ #135k$ and #150k$.
✅#GOLD 🌿
Gold will start a new fresh trend in #SELL and it will mostly hit 2600$ and 2500$.
✅#US30 and #NASDAQ will also be in selling pressure.
NEOGEN retest doneThe stock looks strong despite the overall negative market structure.
It has successfully broken out (BO), and the retest has been completed.
The fundamentals also appear to be solid.
For those considering a long-term investment, this might be a good opportunity to add to your position.
The ascending triangle formation following the breakout adds an interesting element to the analysis.
EURCAD: Sell Setup at Key ResistanceEURCAD is approaching a key resistance area, marked by historical price reactions and strong selling pressure. If bearish confirmation emerges, such as strong upper wicks or bearish candlestick patterns, I expect the price to move toward 1.48645. A breakout above this resistance, however, would invalidate the bearish scenario.
Traders should remain cautious and use proper risk management when approaching this level.
GOLD at Key Resistance Zone – Potential Bearish CorrectionGOLD is at a significant resistance zone, marked by historical price rejections and heightened interest from sellers in the past. If the price confirms a rejection from this resistance level, I anticipate a short-term bearish move toward the 2,692.88 level, which represents a logical target within the current market structure. This setup aligns with the expectation of a correction after a sharp rally into resistance.
Traders should monitor this zone closely for rejection signals, such as bearish candlestick formations or increased selling pressure, to confirm the likelihood of a pullback.
GBPCHF at Key Support – Bullish Bounce ExpectedGBPCHF is approaching a key demand zone, marked by historical price reactions and strong buying pressure in the past. This area has consistently acted as a turning point, where buyers regained control, driving prices higher.
There is a high probability of a bullish reversal if price action confirms buying pressure (e.g., bullish engulfing candles or long lower wicks signaling rejection).
I anticipate a bullish move toward the 1.11691 level, which represents a logical target within the current market structure.
NZDJPY at Key Support – Bullish Reversal LikelyNZDJPY is trading at a key demand zone, marked by previous price rejections and strong buying interest. This area has consistently acted as a turning point, where buyers regained control and pushed prices higher.
The recent bearish move has brought the price into this critical support area. Given the strength of the demand zone, there is a high probability of a bullish reversal if price action confirms buying pressure (e.g., bullish engulfing candles or long lower wicks signaling rejection).
I anticipate a bullish move toward the 88.40 level, which represents a logical target for this setup based on prior resistance. This setup aligns with the expectation of a short-term recovery within the broader market context.
USDZAR Bearish Setup: Break and RetestThe USDZAR pair has broken below the channel, signaling a shift in market sentiment toward bearish momentum. The price is currently retesting the trendline, which now serves as a potential resistance area.
If the price confirms rejection at the retest of the trendline, I anticipate a bearish move targeting the 18.66384 level, which represents a logical target for this setup.
This setup highlights the potential for a trendline break-and-retest continuation to the downside. Traders should look for bearish confirmation signals, such as bearish engulfing candles or rejection wicks, before considering short positions.
USOIL Bearish Setup: Reversal from Supply ZoneUSOIL is at a significant supply zone, marked by historical price rejections and strong selling pressure in the past. This zone has previously acted as a turning point, where sellers regained control, driving prices lower.
The recent bullish rally has pushed the price into this critical resistance area. However, given the strength of this supply zone and the overextended bullish move, there is a high probability of a bearish reversal if price action confirms rejection (e.g., bearish engulfing candles or long upper wicks signaling selling pressure).
I anticipate a bearish move toward the 75.50 level, which represents a logical target for this setup.This setup aligns with the expectation of a potential correction within the broader market context.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
MSFT – Potential Buy Opportunity at Support LevelThe MSFT stock price is approaching a key demand zone, which has served as strong support in the past. This zone has witnessed significant buyer interest during previous tests, making it a critical area to watch for a potential reversal.
The current downtrend could find support in this demand zone, leading to a bullish bounce. If the price shows clear reversal signals, such as long lower wicks or bullish engulfing candles, buyers could push the price higher. The first potential target for this move would be around the $433.25 level.
What do you think about this analysis? Feel free to share your insights or alternative perspectives in the comments!
USDZAR - Potential Short from Key Resistance ZoneThe USDZAR pair is currently trading near a significant resistance zone around the 19.10300 level. Historically, this area has acted as a key turning point, where sellers have stepped in to push prices lower. The recent approach toward this resistance suggests a potential bearish scenario if price action confirms a rejection.
A clear rejection pattern, such as bearish engulfing candles, long upper wicks, or other signs of selling pressure, could indicate the start of a downward move. If this scenario unfolds, the price may head toward the 18.62617 target level, aligning with a potential corrective phase in the market.
This setup reflects the broader expectation of a pullback within the existing market structure. Traders should closely monitor price action at the resistance zone for confirmation signals before entering positions.
Feel free to share your thoughts or any additional insights!
CADCHF - Potential Sell From Key Resistance ZoneThe CADCHF pair is approaching a significant supply zone, marked by historical price rejections and strong resistance levels. The current market structure suggests the potential for a reversal at this level if sellers regain control.
I anticipate that if the price confirms a rejection from this supply zone, the market may move downward toward the 0.63128 level. This setup aligns with the idea of trend exhaustion near resistance.
If you have any additional insights or agree with this analysis, feel free to share your thoughts!
XAUUSD - Gold Testing Resistance LevelGOLD is approaching a key resistance zone, which has historically acted as a strong supply area. This zone has previously seen significant price rejections, suggesting that sellers may step in again if the price reaches this level.
The current market structure shows a bullish move toward this resistance zone, but the momentum may begin to fade as it tests the upper boundaries. If the price confirms a rejection at this resistance zone with clear bearish signals, such as wicks or bearish engulfing candles, we could see a potential downward move.
I anticipate that, upon rejection, the price may head lower toward the $2669 level. This setup aligns with the idea of trend exhaustion near resistance, providing an opportunity for a short-term correction.
Let me know your thoughts or if you have any additional insights regarding this setup! Feel free to share in the comments!
CADCHF - Short Setup at Key ResistanceThe CADCHF pair just entered a notable resistance zone that has times before acted as a supply zone, leading to bearish movements. A confirmation of selling pressure, such as a bearish engulfing pattern or multiple rejection wicks at the resistance level, would increase the likelihood of a downward move.
If sellers take control at this level, the pair could move downward, with a target around the 0.63230 level.
FWOG/USDT: 35% Upside Target | Rising Wedge FormationFWOG/USDT Analysis:
Current price: $0.28 (-0.97%)
Key levels:
- Resistance: $0.34-0.35
- Support: $0.26-0.27
Pattern: Rising wedge forming with potential breakout zone at $0.34
Trade setup:
- Entry: $0.26-0.28
- Target: $0.34 (35% potential upside)
- Stop loss: Below wedge support ~$0.24
- R:R ratio: 1:2.5
Watch for:
- Volume confirmation at breakout
- Support level holds
- Rising trendline integrity
DYOR - This is not financial advice. Always manage risk and position size appropriately.
$TRUMP | ALTS | Donald Trump Launches Memecoin on SolanaJust days before his second inauguration, President-elect Donald Trump and his social media team dropped a Solana-based meme coin called TRUMP.
The announcement went viral, racking up huge trading volume. At first, some on-chain analysts and security experts were skeptical, wondering if it was just another scam. But as things settled down, it seemed like the launch was legit. $TRUMP increased 682% within the first few hours of release, after which it corrected with -50%.
Even though people were initially wary because it reminded them of past celebrity meme coin scams, a follow-up post on X (formerly Twitter) cleared up a lot of the doubts. Since then, the coin's price has bounced bac from the correction.
Some analysts flagged that the project got funding from Binance and Gate.io, exchanges that don’t serve U.S. customers. But after digging deeper, those worries faded, especially since the official site for the coin was pretty much the same as past Trump NFT launches, which are handled by CIC Digital, his NFT partner.
Does TRUMP coin have a future?
$TRUMP could have a future - at least during the POTUS term. The coin surged to $79 with a market cap of about $11.7 billion. But since 80% of the 1 billion coins are locked for the next three years, the circulating supply currently is more like 200 million tokens, possibly why it may be better for the short term instead of long term (since it is a meme coin, it will not be burned, the supply will only increase).
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GATEIO:TRUMPUSDT
UPDATE ON TRADE EUR/USDEUR/USD 4H - This is another piece of analysis that was provided last week and in this Sunday Sessions video, as you can see price played out perfectly.
With recent fundamental news backing our analysis the potential to profit today on this market was crazy, with our TP approaching we could look to take some partials.
This trade is running + 127 pips. (+ 5.7%) 5.7RR
Predicting strength in the EUR this week was pushing for an outcome like this, I even posted some fundamentals this morning to back my analysis.
A big well done to anyone who got involved in buys on this market this morning, again if you guys have any questions or queries with regards to this analysis drop me a message or comment below!
UPDATE ON XAU/USD SS ANALYSISXAU/USD 1D - Well as you can see price has played out perfectly to the analysis provided on this weeks Sunday Sessions video, we have seen price respect the area of Demand.
Demand was then introduced which then continued to trade price higher, continuing the bullish structure to the upside, we now want to see price react well to the Supply Zone we have marked out above.
This trade is currently running + 167 pips. (+1.8%) 1.8RR
I personally did not place this position as it was early hours this morning when this trade was validated and traded into this zone however the zone was provided and the path was given for this trade to be placed.
Well done to those of you who either placed a pending order or jumped in on this market, if you have any questions with regards to this analysis drop me a message or comment below.
EURCZK: Potential Sell Setup at ResistanceOANDA:EURCZK is at a key resistance zone that aligns with prior price rejections and key supply levels. This area has historically attracted strong selling interest, making it a critical point to watch.
If bearish confirmation appears, such as strong upper wicks or bearish candlestick patterns, I anticipate a move toward 25.17333. Conversely, a break above this level could signal further upside and invalidate the bearish setup.
Traders should carefully evaluate price action at this zone before entering positions.