AUDJPY: Potential Long from Key Support ZoneOANDA:AUDJPY is currently trading near a significant support zone which previously led to bullish reversals. The recent bearish move into this zone suggests a potential for buyers to step in and drive prices higher.
A bullish confirmation, such as rejection patterns, bullish engulfing candles, or long lower wicks, would increase the likelihood of a rebound. If buyers regain control, the price may rise toward the 96.650 level, where sellers could potentially re-emerge.
This setup aligns with a possible short-term recovery within the broader bearish trend. Traders should wait for confirmation of buying pressure before considering long positions.
Supply and Demand
GOLD - Potential Bearish Rejection at ResistanceGold is approaching a key resistance zone, which aligns with the upper boundary of the ascending channel. This area has the potential to act as a strong barrier, leading to a bearish pullback if sellers regain control.
A rejection at this resistance could push the price back toward the $2,698-$2,700 level. If this level holds, it may provide a base for buyers to attempt another rally.
However, a failure to hold above the $2,698 level could signal further bearish momentum, potentially targeting lower areas within the channel. Traders should watch for confirmation, such as bearish candlestick patterns or strong rejection wicks, at the resistance zone.
EURNZD - Potential Short from Resistance ZoneOANDA:EURNZD is currently approaching a significant supply zone near the 1.84500–1.85000 level. Historically, this area has acted as strong resistance, leading to bearish reversals. The recent bullish move into this zone suggests a potential for sellers to regain control and push prices lower.
A bearish confirmation, such as rejection patterns, bearish engulfing candles, or long upper wicks, would support the likelihood of a reversal. If the scenario materializes, the price may head toward the 1.83150 level, where buyers might step in again.
This setup aligns with a potential short-term retracement within the broader market structure. Traders should wait for confirmation of selling pressure before considering short positions.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
All targets upside complete before the reversal! Not a bad week at all.
Gold playing nicely, using the levels well and enabling us to trade it down into the lower red box levels, then up again only to then capture the short into the circled region shared with everyone yesterday.
Now we have support below at the 2710 and resistance 2715 which is where we're seeing the small accumulation. We would rather wait here to see where it breaks, even though we have indications, it's late session and best practice is to let the weekly candle close before taking the next steps.
We'll be back on Sunday with the KOG Report and our view for the week ahead. Until then, wishing all our followers a great weekend.
KOG’s Bias for the week:
Bullish above 2650 with targets above 2700✅, 2706✅ and above that 2716✅
Bearish on break of 2650 with targets below 2640 and below that 2635
RED BOXES:
Break above 2690 for 2700✅, 2703✅, 2706✅, 2710✅ and 2724✅ in extension of the move
Break below 2680 for 2667, 2665, 2655 and 2640 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
BTC Short OpportunityFollowing the initiation of a bearish fractal on the monthly Bitcoin chart, the weekly long liquidation has been triggered. I anticipate a price retracement within the identified regions. A new all-time high would be unexpected, but given Bitcoin's volatility, it's not entirely out of the question.
The daily chart has exhibited three instances of manipulative price action.
A NEW DAWN FOR BTC!Price reached a new high of $104,800 today. This new rise in demand sounds interesting as investors are looking forward to capitalizing on the opportunities yet to come. It’s a good thing we position ourselves to take advantage of the volatility that’s set to emerge in this coin. First target is $106k. A break above that signifies more bullish strength.
CCL LongWeekly SMA200 as support
Long 17.36
Stop 12.5
Target 30
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
BuyToOpen 2025 Jan Call spread C20/30
Limit 2.02
SellToOpen 2025 Jan Put P12.5 x2 (Delta -0.16)
Limit 1.02 x2
Cost "0", if price stays between 12.5 and 20, no loss.
Stop below 12.5, max loss about $2.0 x 200.
EURAUD - Potential Short from Resistance ZoneThe EURAUD pair is approaching a significant resistance zone. The current bullish momentum into this area may provide an opportunity for sellers to regain control.
A bearish confirmation, such as rejection patterns, bearish engulfing candles, or signs of slowing momentum, would increase the likelihood of a pullback. If the resistance holds, the price could target the 1.66150 level.
Traders should monitor for confirmation of selling pressure before initiating short positions. This setup aligns with a potential corrective move within the broader market structure.
AUDJPY: Bullish Bounce Expected from Key Support ZoneOANDA:AUDJPY is approaching a significant demand zone, marked by prior bullish reactions and strong buyer interest. The current market structure suggests the potential for a reversal in this area if buyers regain control.
This demand zone aligns with a key support area. If price action confirms rejection with bullish patterns such as pin bars or engulfing candles, I anticipate a move upward toward the 96.910 level, representing a key resistance.
This setup aligns with the expectation of a trend continuation from support. Feel free to share your thoughts or additional insights in the comments!
USDJPY: Very Bearish SentimentUSDJPY had been consolidating significantly since mid-December, trading within a large horizontal range on a daily timeframe.
However, following the release of certain fundamental news, the currency pair appears to have a strong bearish outlook.
The breakout below a support line within the range suggests that a bearish accumulation phase has been completed.
This could lead to further declines, with attention now turning to the next support level at 154.4.
EURAUD at Key Resistance: Bearish Bounce ExpectedOANDA:EURAUD is trading near a significant resistance zone, characterized by historical price rejections and strong selling pressure. The current market structure indicates the potential for a reversal if sellers regain control at this level.
This resistance zone aligns with a key supply area, suggesting that bearish pressure may emerge. If price confirms rejection with bearish candlestick patterns or signs of exhaustion, I anticipate a move downward toward the 1.66105 level.
USDCAD at Key Resistance: Bearish Bounce ExpectedOANDA:USDCAD is approaching a significant resistance zone, marked by historical price rejections and strong seller activity in the past. The current market structure indicates the potential for a reversal in this area if price action confirms seller strength.
If the price confirms rejection from this resistance zone, I anticipate a move downward toward the 1.43925 level, which represents a logical target within the current market structure
What are your thoughts on this analysis? Feel free to share any additional insights or alternative perspectives in the comments!
RNDR-EUR - January 2025: Reload/buy and Sell TPsNo financial advise. I would not recommend to trade in the actual zone.
Bullish sell TPs:
1) 18€
2) 24,5€
Potential bearish scenario and chance for a reload of your bags.
a) Weekly closes red
b) ..and also most of major alts close red
Reload/buy TPs:
1) 5,34€
2) 4,93€
3) 4,50€ (unlikely)
COINBASE:RNDREUR
USDCAD - Potential Short from Key Resistance ZoneThe USDCAD pair is testing a significant supply zone, a level that has consistently acted as resistance in the past. The strong upward momentum approaching this area may lead to a reversal as sellers look to regain control.
A bearish confirmation, such as rejection candles (e.g., shooting stars), bearish engulfing patterns, or long upper wicks, would strengthen the case for a short position. If this setup plays out, the price could head toward the 1.43928 level.
Traders should monitor price action closely for signs of selling pressure before entering short positions.
Crude OIL SHORT Today Ran For +4R BreakdownNYMEX:CL1!
"Successful trading has always been about understand the convictions, the strength and the weakness of buyers and sellers. Once you understand what the other traders are doing in the market, you can successfully trade with them." -Michael Valtos
Confluence Profile 500K (Expectational Order-Flow + PA) 10pt Stop / +4R Run... Well Done!!
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
GRT looks bullish (3D)From the point where we placed the yellow line on the chart, it seems that GRT has started forming a diametric pattern.
Currently, it appears we are at the end of wave D. In any case, as long as the green zone is maintained, it is poised for growth.
The target could be the red box.
The closure of a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Energy Markets: Oversupply, Renewables, Geopolitical ShiftsThe global energy market is characterized by an oversupply of oil and gas, while alternative energy sources such as wind and solar are rapidly developing. These renewables require backup capacities to offset daily and seasonal inconsistencies in power generation. Simultaneously, the electrification of transportation and the digitalization of industries, including artificial intelligence and data centers, are driving up global energy demand.
Energy Consumption and the Sixth Industrial Revolution
Technologically advanced nations are leading the transition into the sixth industrial revolution, prioritizing increased electricity consumption while reducing reliance on coal and oil due to environmental and sustainability concerns. This shift aligns with global non-carbonization efforts and the need for cleaner energy solutions.
Oil and Gas Price Stability
Hydrocarbon energy prices, particularly oil, are expected to remain stable in the long term, with growth lagging behind inflation. Brent crude prices, averaging $75 per barrel, reflect production costs ranging from $15 to $50, depending on location and logistics. The limited price growth will impact oil-producing nations and companies by reducing profit margins and government tax revenues, leading to budgetary constraints.
A notable trend is the gradual replacement of oil as a tool for balancing global financial systems, with new instruments emerging, predominantly controlled by technologically advanced economies.
Short-Term Volatility and Geopolitical Influences
While oil and gas prices may experience short-term spikes, these are primarily driven by geopolitical factors. For instance, the restriction of gas transit through Ukraine or a ban on Russian LNG exports could lead to speculative price increases. However, such fluctuations are unlikely to significantly alter the long-term outlook of price stability.
The Role of U.S. Energy Policy
The U.S. is focused on maintaining low domestic energy prices, ensuring that the internal market remains well-supplied with natural gas, which generates approximately 40% of the country’s electricity. LNG serves as both a geopolitical tool and a means of regulating domestic prices, though it lacks the financial influence of oil on global markets.
Impact of Economic Deceleration
Global economic slowdowns, excluding the U.S., further contribute to downward pressure on oil prices amidst abundant supply.
Conclusion
As the energy market transitions, investors must navigate the balance between stable hydrocarbon prices and the growing demand for renewable energy. The evolving dynamics of global energy consumption, coupled with technological advancements and geopolitical influences, will define the strategies required to thrive in this shifting landscape.
ICEEUR:BRN1!
NYMEX:NG1!
MIL:INRG
Nasdaq Futures: Key Setups to End the Week Strong | January 17Finish the trading week with today’s analysis of Nasdaq futures for Friday, January 17, 2025. We break down key zones, potential setups, and strategies to navigate the market ahead of Monday's anticipated volatility.
📈 Long Opportunities: Watch for entries around 21,360 or 21,440, targeting 21,560 and 21,650.
📉 Short Setups: Key zones include 21,510–21,560, with potential moves toward 21,360 or lower.
📊 Market Insights: A possible trend shift is forming across multiple timeframes. Be ready for significant movements heading into the weekend.
💬 Join our daily lives at 9:30 AM (NY time) for live analysis and Q&A. Let us know in the comments what other assets you’d like us to analyze or if you’d prefer swing trading strategies in future videos.
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XAU/USD Analysis (1H TF)The price has reacted strongly from the 1H Demand Zone, aligning with the broader bullish structure and multiple Break of Structure (BOS) confirmations. However, the key question is whether this zone will hold or fail, driving the price towards the lower 4H Demand Zone for a potential reaccumulation in the 1H. 👀
Current Observations:
Shift and BOS Confirmations: The recent structure shifts indicate bullish momentum.
Short-Term Target: Price is hovering near $2706, with a potential move towards the previous high near $2724.
Demand Zones in Play:
- 1H Demand Zone: Holding for now.
- 4H Demand Zone: Positioned below, providing a stronger area for mitigation if the current zone fails. (confluence with another unmitigated 1H demand zone)
What do you think, team? Will the demand zone hold, or are we looking at a retest of the lower demand zone? Share your thoughts below! 💡