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Support_and_resistance

EURGBP at Key Demand Zone - Rebound Toward 0.83000?OANDA:EURGBP has reached a critical demand zone, marked by previous price reactions and strong buying pressure. Historically, this area has acted as a significant support level, leading to bullish reversals. If buyers step in and confirm a rejection, we could see a move toward the 0.83000 level, which represents a logical target within the current market structure. However, a break below this demand zone would invalidate the bullish outlook and open the door for further downside. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
1
EURGBP at Key Resistance – Will Sellers Step In?OANDA:EURGBP is currently trading at a key resistance zone, where sellers may regain control. The recent bullish momentum has pushed price into this supply zone, suggesting a potential for bearish bounce if price action confirms a rejection. If the price confirms rejection from this zone, a move lower toward 0.83300 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls. Do you agree with this analysis? Let me know your thoughts in the comments!
Short
by DanieIM
1
AUDCAD — Sell Setup at Key Resistance LevelOANDA:AUDCAD has reached a key resistance zone, highlighted by strong selling interest. This area has historically acted as a supply zone, increasing the likelihood of a bearish reversal if sellers step in. The current price action suggests that if the pair confirms resistance through signals like bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward 0.90250 — a logical target based on previous price behavior and market structure. However, if the price breaks above this zone and sustains, the bearish outlook may be invalidated, opening the door for further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
1
EURJPY - Bullish Continuation Toward 160.850OANDA:EURJPY is trading within a well-defined ascending channel, with price action respecting both the upper and lower boundaries. The recent bounce off support suggests buyers are maintaining control, supporting a potential continuation of the uptrend. As long as the price remains above the support level and the channel's lower boundary holds, the bullish structure remains intact. A potential upside target is 160.850, aligning with the upper boundary of the channel. A break and close above this level could signal further bullish momentum. However, a breakdown below the support zone would invalidate the bullish scenario and may open the door for a deeper pullback. Remember, always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
1
EURAUD — Sell Setup at Key Resistance LevelOANDA:EURAUD is approaching a major resistance zone, highlighted by strong selling interest. This area has historically acted as a supply zone, increasing the likelihood of a bearish reversal if sellers step in. The current price action suggests that if the pair confirms resistance through signals like bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward 1.68380 — a logical target based on previous price behavior and market structure. However, if the price breaks above this zone and sustains, the bearish outlook may be invalidated, opening the door for further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
2
USDCHF - Sell Opportunity After Support BreakOANDA:USDCHF has broken below a key support zone, indicating a potential shift in momentum. The price may now retest this zone, which previously acted as support and could serve as resistance, aligning with a potential bearish continuation. If sellers confirm resistance at this level, the price is likely to decline further toward the 0.88640 target, which serves as a logical level for this setup. Conversely, a break back above the zone could signal a potential bullish reversal. Traders should watch for bearish confirmation signals, such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume, before considering short positions. Let me know your thoughts or any additional insights you might have!
Short
by DanieIM
1
EURAUD Bullish Continuation - Will Buyers Push Toward 1.70220?OANDA:EURAUD is currently trading within an ascending channel, maintaining a strong bullish structure. The price has broken above a key resistance zone and may now pull back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation. If buyers confirm support at this level, the price is likely to move upward toward 1.70220, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀📈
Long
by DanieIM
1
PALLADIUM at Key Support Level – Rebound Toward 956$?OANDA:XPDUSD has reached a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand zone, indicating the potential for a pullback if buyers regain control. The current market structure suggests that if the price confirms a rejection from this support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 956.000 level, which represents a logical target within the current market structure. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
OANDA:XPDUSDLong
by DanieIM
7
EURUSD – Bullish Continuation Toward 1.05820OANDA:EURUSD has broken above a key resistance zone, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook. With momentum favoring the upside, the next logical target is 1.05820, aligning with the upper boundary of the ascending channel. As long as the price remains above the support, the bullish bias stays intact.
Long
by DanieIM
13
EURUSD at Key Resistance – Will Sellers Step In?OANDA:EURUSD is currently trading at a key resistance zone, where sellers may regain control. This level has been a strong area of interest in the past, leading to price reversals. The recent bullish momentum has pushed price into this supply zone, suggesting a potential for bearish continuation if price action confirms a rejection. If the price confirms rejection from this zone, a move lower toward 1.05000 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls. Do you agree with this analysis? Let me know your thoughts in the comments!
Short
by DanieIM
1
EURNZD Trending Higher – Bullish Continuation Toward 1.88040OANDA:EURNZD is currently trading within an ascending channel, indicating a strong bullish structure. The price has broken above a key resistance zone and may now pull back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation. If buyers confirm support at this level, the price is likely to move upward toward the 1.88040 level, which represents a logical target for this setup. Conversely, a failure to hold support could signal a potential bearish shift. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀
Long
by DanieIM
1
GBPUSD - Bullish Continuation Toward 1.27710OANDA:GBPUSD is trading within a well-defined ascending channel, with price action respecting both the upper and lower boundaries. The recent bounce off support suggests buyers are maintaining control, supporting a potential continuation of the uptrend. As long as the price remains above the support level and the channel's lower boundary holds, the bullish structure remains intact. A potential upside target is 1.27710, aligning with the upper boundary of the channel. A break and close above this level could signal further bullish momentum. However, a breakdown below the support zone would invalidate the bullish scenario and may open the door for a deeper pullback. Remember, always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
6
USDJPY Bearish Momentum - Will It Reach 147.640?OANDA:USDJPY is currently trading within a descending channel, indicating a strong bearish structure. The price has broken below a key support zone and may now pull back for a potential retest. This level previously acted as support and could now serve as resistance, aligning with a possible bearish continuation. If sellers confirm resistance at this zone, the price is likely to move downward toward the 147.640 target. However, a failure to reject this level could indicate a potential shift in momentum. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume, before considering short positions. Let me know your thoughts or any additional insights you might have!
Short
by DanieIM
1
GBPNZD Maintains Bullish Momentum - Is 2.27040 the Next Target?OANDA:GBPNZD is trading within a well-defined ascending channel, with price action respecting both the upper and lower boundaries. The recent bounce off the midline suggests buyers are maintaining control, supporting a potential continuation of the uptrend. As long as the price remains above the support level and the channel's lower boundary holds, the bullish structure remains intact. A potential upside target is 2.27040, aligning with the upper boundary of the channel. A break and close above this level could signal further bullish momentum. However, a decisive break below the channel’s lower boundary or the support zone would invalidate the bullish outlook and could signal a shift in market sentiment. Remember, always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
1
EURAUD Bullish Momentum in Play — Targeting 1.69500OANDA:EURAUD is trading within a well-defined ascending channel, with price action respecting both the upper and lower boundaries. The recent bounce off the midline suggests buyers are maintaining control, supporting a potential continuation of the uptrend. As long as the price remains above the support level and the channel's lower boundary holds, the bullish structure remains intact. A potential upside target is 1.69500, aligning with the upper boundary of the channel. A break and close above this level could signal further bullish momentum. However, a breakdown below the green support zone would invalidate the bullish scenario and may open the door for a deeper pullback. Remember, always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
3
GOLD – Bullish Continuation Toward 2,915$OANDA:XAUUSD is currently trading within an ascending channel, indicating a strong bullish structure. The price has broken above a key resistance zone and is now pulling back for a potential retest. This level previously acted as resistance and may now serve as support, aligning with a possible bullish continuation. If buyers confirm support at this zone, the price is likely to move upward toward the 2,915 target. However, a failure to hold this level could indicate a potential shift in momentum. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀
FX:XAUUSDLong
by DanieIM
1
USDCAD Bullish Continuation - Will Buyers Push Toward 1.45660?OANDA:USDCAD is currently trading within an ascending channel, maintaining a bullish structure. The price has broken above a key resistance zone and is now pulling back for a potential retest. This level previously acted as resistance and may now turn into support, aligning with a bullish continuation. If buyers confirm support at this zone, the price is likely to move upward toward the 1.45660 target. However, a failure to hold this level could indicate a potential shift in momentum. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀
Long
by DanieIM
1
EURCAD at Key Resistance Zone - Potential Drop to 1.50180OANDA:EURCAD has reached a significant resistance zone, marked by prior price rejections, suggesting strong selling interest. This area has previously acted as a key supply zone, increasing the likelihood of a bearish reversal if sellers regain control. If the price confirms resistance within this zone through bearish price action (e.g., wicks or rejection candles), we could see a move toward 1.50180, which represents a logical target based on recent structure. However, if the price breaks and holds above this resistance area, the bearish outlook may be invalidated, potentially opening the door for further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
3
EURUSD Approaching Key Resistance – Will Sellers Step In?OANDA:EURUSD is approaching a significant resistance zone, highlighted by previous price reactions and strong selling interest. This area has historically acted as a supply zone, where sellers have stepped in, leading to notable price reversals. The current price action suggests a potential bearish reaction if the resistance holds. If sellers maintain control, we could see a decline toward the 1.03940 level, which represents a logical target based on the current market structure. Confirmation signals—such as a bearish engulfing candle, rejection wick, or increased selling volume—would strengthen the bearish outlook. However, if the price breaks above this resistance zone and sustains momentum, the bearish outlook may be invalidated, signaling a potential shift in favor of buyers. Monitoring how price reacts to this zone is crucial for identifying entry opportunities. As always, applying proper risk management is essential given the potential for volatility. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
2
GBPUSD Approaching Major Resistance — Potential Sell SetupOANDA:GBPUSD is approaching a significant resistance zone, a level where sellers have consistently stepped in, leading to notable bearish reversals in the past. This area is marked by strong selling interest and historical price reactions, increasing the likelihood of a bearish move if sellers regain control. The current price action suggests that if the pair confirms resistance through signals like bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward 1.25770—a logical target based on previous price behavior and market structure. However, if the price breaks above this zone and sustains, the bearish outlook may be invalidated, opening the door for further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
1
EURAUD – Bullish Continuation Toward 1.68270OANDA:EURAUD is currently trading within an ascending channel, maintaining a strong bullish structure. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation. If buyers confirm support at this level, the price is likely to move upward toward 1.68270, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀📈
Long
by DanieIM
1
GBPAUD - Bullish Continuation Toward 2.04040OANDA:GBPAUD has broken above a key resistance zone, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook. With momentum favoring the upside, the next logical target is 2.04040, aligning with the upper boundary of the ascending channel. As long as the price remains above the support level, the bullish bias stays intact. If you agree with this analysis or have additional insights, feel free to share your thoughts here!
Long
by DanieIM
4
ALUMINIUM Approaching Key Support – Bullish Rebound ExpectedPEPPERSTONE:ALUMINIUM is approaching a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand zone, indicating the potential for a pullback if buyers regain control. If buyers step in and confirm support within this zone, we could see a rebound toward the 2,634 level, aligning with a corrective move after the recent sell-off. However, failure to hold this support could signal further downside continuation. Traders should watch for bullish confirmation signals, such as rejection wicks, bullish engulfing patterns, or increased buying volume, before considering long positions.
PEPPERSTONE:ALUMINIUMLong
by DanieIM
2