Get started

Support_and_resistance

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!
ICMARKETS:XAUUSDShort
by DanieIM
XPTUSD - Testing Key Resistance Level – Potential SellThe XPTUSD pair is currently approaching a key resistance level, a level that has historically acted as a strong supply area. The recent bullish momentum appears to be slowing as the price approaches this resistance. If a rejection occurs, indicated by bearish candlestick patterns (such as a bearish engulfing or long upper wicks), the price could reverse toward the $956.212 level. This setup aligns with the idea of trend exhaustion near resistance, creating a potential short opportunity for traders looking to capitalize on a retracement. Let me know your thoughts on this analysis! Do you see a different outcome, or would you adjust the target? Share your insights in the comments below!
OANDA:XPTUSDShort
by DanieIM
JNJ – Potential Buy Opportunity at Support LevelThe JNJ stock price is currently approaching a key demand zone. If the price finds support and bullish confirmation signals appear, such as bullish candlestick patterns or long lower wicks, we could see a potential rebound. The first target for this move would be around the $153.03 level. This setup offers an opportunity for a long position if the demand zone holds. Traders should monitor for additional confirmation before entering. Do you agree with this analysis, or do you have alternative views on this setup? Share your thoughts in the comments!
NYSE:JNJLong
by DanieIM
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!
NASDAQ:MSFTLong
by DanieIM
EURHUF - Potential Sell At Key Resistance LevelThe EURHUF pair is currently testing a key resistance level, which has historically acted as a significant supply area. The current uptrend has brought the price into this resistance zone, but the market appears to be losing momentum. If bearish signals emerge, such as reversal candlestick patterns (e.g., bearish engulfing or shooting star) or divergence on indicators like RSI, we could see a potential reversal. I anticipate that a rejection from this resistance zone could lead the price lower toward the 402.932 level. This setup aligns with the idea of trend exhaustion near resistance, providing a potential short opportunity. What’s your perspective on this analysis? Feel free to share your thoughts or any alternative scenarios in the comments!
Short
by DanieIM
DXY - Potential Sell At Key ResistanceThe DXY is approaching a key resistance zone, which has historically acted as a strong supply area. This level has seen multiple price rejections in the past, making it a critical area of interest for potential reversals. The current uptrend has brought the price back into this resistance zone, but there are signs of potential trend exhaustion as the price tests these levels. If the price confirms rejection with bearish signals, such as reversal candlesticks or divergence on oscillators, we could see a downward move. I anticipate that, upon rejection from this resistance zone, the DXY may head lower toward the 107.548 level. This setup aligns with the idea of a short-term correction within the broader market context. Let me know your thoughts on this analysis or if you see a different perspective! Feel free to share your insights in the comments!
TVC:DXYShort
by DanieIM
NAS100 - Potential Buy at Key Demand ZoneThe NAS100 is approaching a key demand zone, which has historically acted as a strong support area. This level is marked by prior price reactions, suggesting that buyers may step in again if the price retraces to this zone. The current market structure indicates a bearish trend, but there is potential for a bullish reversal if the price finds support within this demand zone. I anticipate that if the price confirms a rejection from this zone with bullish signals, such as long wicks or bullish engulfing candles, the market may move upward. The first target for this potential bullish move would be around the $20,924 level. This setup aligns with the idea of trend exhaustion near support, providing an opportunity for a short-term rally. Let me know your thoughts or if you have additional insights into this setup! Feel free to share your perspective in the comments!
FUSIONMARKETS:NAS100Long
by DanieIM
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!
Short
by DanieIM
CADCHF - Bearish Setup at Key ResistanceThe CADCHF pair is currently trading near a significant supply zone, where prices have previously encountered strong resistance and reversed lower. This suggests a potential bearish scenario as sellers might regain control in this region. A bearish confirmation, such as a rejection candlestick pattern (e.g., a bearish engulfing or long upper wick), would strengthen the case for further downside movement. If this scenario unfolds, the next target to monitor is around 0.63202, which aligns with a key support level. Traders should wait for clear confirmation of selling pressure before entering short positions to ensure alignment with the broader market sentiment.
Short
by TrendDiva
GBPUSD - Potential Long from Key Support ZoneThe GBPUSD pair is currently approaching a significant demand zone near the 1.20200 - 1.22000 level. Historically, this area has served as a robust support level, often leading to strong bullish reversals. The recent bearish momentum has pushed the pair into this critical area, increasing the likelihood of buying interest emerging. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would signal potential upward movement. If buyers regain control, the price may head toward the 1.24427 level. This setup suggests a potential short-term rebound, aligning with a corrective move within the broader market structure.
Long
by TrendDiva
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!
Short
by TrendDiva
GBPUSD - Potential Buy From Key Support ZoneThe GBPUSD pair is approaching a significant demand zone marked by prior price reactions. This area aligns with a key support level, and the market structure suggests a potential reversal. The overall context implies that buyers may take control at this level, leading to an upward move. I anticipate that if the price shows a clear rejection from the demand zone, the market may head higher toward the 1.24818 level. This setup aligns with the idea of trend exhaustion near support. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
NZDCAD - Potential Long from Support ZoneThe NZDCAD pair is currently approaching a significant demand zone near the 0.80200 level. Historically, this area has acted as strong support, leading to bullish reversals. The recent decline into this zone suggests a potential for buyers to regain control and push prices higher. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would support the likelihood of a move upward. If the scenario materializes, the price may head toward the 0.81438, where sellers might step in again. This setup aligns with a potential short-term rebound within the broader market structure. Traders should wait for confirmation of buying pressure before considering long positions. What are your thoughts on this outlook?
Long
by TrendDiva
NZDCAD - Potential Buy From Key Support ZoneThe NZDCAD pair is approaching a significant demand zone marked by prior price reactions. This area aligns with a key support level, and the market structure hints at a potential reversal. The overall context suggests that buyers may take control at this level, leading to an upward move. I anticipate that if the price shows a clear rejection from the demand zone, the market may head higher toward the 0.81446 level. This setup aligns with the idea of trend exhaustion near support. If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
NZDUSD - Potential Long from Key Support ZoneThe NZDUSD pair is currently approaching a significant demand zone near the 0.55800 - 0.54700 level. Historically, this area has acted as a strong support, leading to notable bullish reversals. The recent decline into this zone suggests a potential for buyers to regain control and push prices higher. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would indicate an increased likelihood of a move upward. If this scenario unfolds, the price may head toward the 0.57580 level. This setup aligns with a potential short-term rebound within the broader bearish market structure. What are your thoughts on this outlook?
Long
by TrendDiva
USDSGD: Pullback Expected from Resistance ZoneThe USDSGD pair is approaching a strong resistance zone around 1.37500, which aligns with a previous supply area where price has faced significant rejection in the past. This level marks a potential turning point, with price showing signs of exhaustion as it tests this key zone. We could see sellers take control if the pair rejects this resistance. A downward move could see the price targeting the area around 1.35152. If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
Short
by DanieIM
GBPCHF - Potential Rejection at ResistanceThe GBPCHF pair is trading near a key resistance zone around the 1.13646 level, which has acted as a significant area of interest in the past. This region has previously led to reversals, suggesting that sellers may regain control at this point. The price action indicates a potential for bearish momentum, especially if rejection patterns form at this level. A rejection from the resistance zone could be confirmed by bearish candlestick patterns such as engulfing candles, long upper wicks, or other signs of selling pressure. If the rejection occurs, a potential move toward the 1.12850 target level is anticipated. This aligns with the broader expectation of a bearish correction within the current market structure. If you have a different perspective or additional data, feel free to share!
Short
by TrendDiva
USDCHF: Potential Rejection from Resistance ZoneUSDCHF is currently trading near a significant resistance zone, as highlighted in the chart. This area coincides with a prior supply zone that has historically acted as a reversal point. The structure suggests that sellers may step in, pushing the price lower. If the pair confirms rejection from the resistance, we could see price drop towards 0.89420. If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
Short
by DanieIM
AUDUSD: Potential Pullback from Key Support ZoneThe AUDUSD pair is currently trading near a key daily support zone in the 0.61600–0.62400 range, which has previously acted as strong support. This area is critical as it aligns with historical price rejections and hints at the possibility of a bullish reversal. If buyers regain control in this zone and the price begins to show signs of upward momentum, I anticipate a move toward the 0.63700 level. if you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
EURAUD - Potential Rejection at ResistanceThe EURAUD pair is approaching a significant resistance zone near the 1.67000–1.68000 range, which aligns with a prior resistance zone where the price has historically struggled to break higher. This area marks a potential point of trend exhaustion, as the market structure suggests that sellers could regain control. If the price shows a clear rejection from this resistance zone, I anticipate a potential downward move toward the 1.65400 support level. This setup aligns with the notion of a bearish reaction after a rally into resistance. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Short
by DanieIM
GBPAUD: Potential Rejection at ResistanceThe GBPAUD pair is currently trading near a key resistance zone, where sellers may regain control. This level has been a significant area of interest in the past, leading to reversals. The recent pullback into this zone suggests a potential for bearish continuation if price action confirms a rejection. If the market provides a clear rejection pattern, such as bearish engulfing candles or wicks signaling rejection, I anticipate a move downward toward the 1.99911 target level. This setup aligns with the expectation of a short-term correction within the broader market context. Let me know your thoughts or if you have a different perspective! Feel free to share in the comments.
Short
by DanieIM
EURNZD - Potential Rejection at ResistanceThe EURNZD pair is approaching a significant resistance zone marked by prior price rejections. This area aligns with a key supply zone, and the market structure hints at a potential reversal. The overall context suggests that sellers may take control at this level, leading to a downward move. I anticipate that if the price shows a clear rejection from the resistance zone, the market may head lower toward the 1.83200 support level. This setup aligns with the idea of trend exhaustion near resistance. if you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
Short
by DanieIM