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Support and Resistance

GOLD → Attempt to buy back the fall. Uncertainty factorFX:XAUUSD is falling within our expectations. After breaking through the trigger-level of 3340, the price fell to the liquidity zone of 3306. There is uncertainty in the market... Gold is rising after a false break of support at 3300-3306, interrupting a three-day decline amid a weakening dollar and ongoing tensions in the Middle East. Investors are cautious due to the unstable truce between Iran and Israel, while the decline in USD/JPY after the Bank of Japan's statements and the rise in PPI in Japan are further supporting demand for gold. Powell's comments on the need for caution in monetary policy only temporarily strengthened the dollar. Now the market is focused on US housing data and the second day of Powell's speech Technically, the price may consolidate at 3306-3347 for some time and only then show us (against the backdrop of the fundamental sentiment that has formed) which direction it will then take Resistance levels: 3347, 3364, 3372 Support levels: 3319, 3307 The market is trying to buy back the decline. Tuesday's daily session closed with a long shadow, indicating interest in this price range. A pullback to 3320-3310 is possible before growth to 3340-3347. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
17
GOLD → Declining interest. Retest of supportFX:XAUUSD experienced significant volatility toward the end of the US trading session. This was due to developments in the Middle East. The de-escalation of the situation is leading to a decline in interest in the metal. The announced ceasefire between Iran and Israel has reduced demand for gold as a safe-haven asset, while falling oil prices have reduced its appeal as a hedge against inflation. Gold is supported by expectations of a Fed rate cut in July. The focus is on Fed Chair Powell's testimony before Congress and further developments in the Middle East. Technically, the price confirms the local bearish structure. A continued assault on the 3340 support level could trigger a further decline. Support levels: 3343-3340, 3320 Resistance levels: 3360, 3366 Focus on the trading range (consolidation) 3340 - 3400. De-escalation of the conflict in the Middle East may lead to a decline in interest in gold as a hedge asset, which may cause the price to break down of consolidation. If the retest of 3340 continues, the price will begin to contract before the level, in which case the chances of a breakdown and decline will only increase. The target will be the liquidity zone of 3320 - 3306 Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
38
EUR/USD Overview - June 25: Why Did the Dollar Fall Again ?The EUR/USD currency pair continued its upward movement on Tuesday, which had stated on Monday. Let us recall that on Monday, everyone expected a "rollercoaster" right at the market open, i.e., during the night. However, the real action came closer to the evening. The first two trading days of the week were packed with events-of various kinds-capable of supporting both the dollar and the euro. So why did the U.S. currency fall out of favor with the market once again? If we were to list all the reasons, one article certainly wouldn't be enough. so, let's start with the most local and obvious ones. As early as Monday, we mentioned that the dollar might benefit from another escalation in the Middle East, this time initiated by the U.S. But just think: can the dollar even hypothetically be considered a "safe haven" if one of the warring parties is the U.S.? The second reason is that Trump launched a strike on Iran's nuclear facilities, and the next day, missiles were flying back-toward Qatar, Israel, and U.S. military bases. And. notably, Iran hit the American bases. The third reason is that Trump thanked Iran for warning Washington in advance about the upcoming strike. Honestly, the only word that comes to mind here is "farce." Can this even be a war if the participants warn each other before launching attacks? Naturally, the market immediately concluded that this was not a war but a performance. That might be better in some ways-since human casualties were avoided, and that is most important. But at the same time, if the dollar had any hopes of strengthening due to a Middle East escalation, the market realized yesterday that this "escalation" was theatrical and staged. And it gets even more bizarre. On Tuesday morning, Donald Trump announced a ceasefire. The U.S. President was so eager to establish peace somewhere-anywhere-that he declared the war over without waiting for any official statements from Iran or Israel. And just a few hours later, Iranian missiles took to the skies again. Once more, if this weren't about deadly weapons of mass destruction, the whole situation could be considered a comedy For the res of Tuesday, Trump posted angry messages every half hour on his own social network, expressing his dissatisfaction not only with Iran but also with Israel. In the afternoon, Trump tried to persuade Israeli not to launch retaliatory strikes, and we're left wondering-does the U.S. President believe that Iranian and Israeli leaders check his Twitter feed before initiating missile attacks? Frankly, we don' even know how to respond to this circus anymore. But the market certainly does. Why should it buy the dollar-even without the caveat "if Donald Trump remains president"? America has turned from a country with the strongest economy and military into a laughingstock. And these are just the reasons the dollar fell on Monday and Tuesday. Should we even bother listing why the U.S. currency has fallen for five months The average volatility for the EUR/USD currency pair over the last five trading days as of June 25 is 74 pips, which is characterized as. " We expect the pair to move between the levels of 1.1551 and 1.1699 on Wednesday. The long-term regression channel is directed upward, indicating a continued bullish trend. The CCI indicator entered the overbought zone, which triggered only a minor downward correction Nearest Support Levels: S1 - 1.1597 S2 - 1.1475 S3 - 1.1353 Nearest Resistance Levels: R1 - 1.1719 R2 - 1.1841 R3 - 1.1963 Trading Recommendations: The EUR/USD pair continues its upward trend. Trump's foreign and domestic policies remain the strongest pressure factor on the U.S. dollar. Additionally, the market interprets or ignores much of the incoming data negatively for the dollar. We continue to observe a complete lack of interest in buying the dollar under any circumstances. If the price is below the moving average, short positions remain relevant with targets at 1.1475 and 1.1353, though a significant decline in the pair is unlikely under current conditions. If the price is above the moving average, long positions can be considered with targets at 1.1699 and 1.1719 in continuation of the trend. Explanation of Illustrations: Linear Regression Channels help determine the current trend. If both channels are aligned, it indicates a strong trend. Moving Average Line (settings: 20,0, smoothed) defines the short-term trend and guides the trading direction. Murray Levels act as target levels for movements and corrections. Volatility Levels (red lines) represent the likely price range for the pair over the next 24 hours based on current volatility readings. CCI Indicator: If it enters the oversold region (below -250), or overbought region (above +250), it signals an impending trend reversal in the opposite direction.
by CEO-PREMIUM-ANALYSIS
9
THE KOG REPORT - UpdateEnd of day update from us here at KOG: A ranging day and honestly, very frustrating for traders due to the up and down which hasn't allowed us to really hold without ridiculous stop losses. We hit the target yesterday, we're still not retesting that low so those entries are still active, but we really need to see this break above the 3335 level to go higher. For that reason, we will say if red box active continues to support the price we can look for this to go a little higher but that 3340-45 level is the one to watch. The daily has flipped for lower pricing so tomorrow a high may be put in before further declines. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
5
#EURAUD: Two Swing Bullish Entry Worth Thousands Pips! EURAUD is currently at a critical level, and the price isn’t yet decided for the next move. However, the current price behaviour suggests strong bullish volume presence in the market. There are two areas to buy from. The first is activated, and we think price could just be starting the next bull run from this point. The second entry is a safe point if price does decide to drop further and fill up the daily Fair Value Gap. We wish you the best in trading. If you want to support us, you can do the following: - Like the idea - Comment on the idea - Share the idea If you have any questions or concerns about the analysis or trading in general, please let us know in the comment box. Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
22
Bitcoin Roadmap: Key Levels to WatchBitcoin( BINANCE:BTCUSDT ) managed to pump as I expected yesterday , of course, the main catalyst could have been the ceasefire announcement between Iran and Israel , which had a major impact on high and medium risk assets in the financial markets . Bitcoin is once again moving near the Heavy Resistance zone($110,720-$105,820) and the Resistance zone($107,520-$106,100) after breaking the Resistance lines . In terms of Elliott Wave theory , it seems that given Bitcoin’s bullish momentum , Bitcoin has completed the main wave 3 and is currently completing the main wave 4 on the 1-hour time frame . The corrective wave structure of wave 4 could be a Double Three Correction(WXY) . I expect Bitcoin to start rising again near the Support zone($104,380-$103,060) , 50_SMA(Daily) , Support lines , and Cumulative Long Liquidation Leverage($104,412-$103,812) to rise at least to the Potential Reversal Zone(PRZ) and Resistance lines . Note: Stop Loss(SL)= $102,600 = We can expect more dumps. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
15
GBPUSD → Pre-breakout consolidation. One step away from a rallyFX:GBPUSD is trading in consolidation. Against the backdrop of the falling dollar index, the currency pair is testing resistance at 1.3632 but is not yet ready to bounce down. Against the backdrop of the dollar's decline due to fundamental reasons, the GBPUSD currency pair is strengthening. Technically, this could lead to the price breaking out of consolidation upwards. A pre-breakout base is forming relative to the upper boundary of consolidation. The price is compressing towards the level, volatility is decreasing, which in general could lead to a breakout of resistance - trigger 1.3632. The exit from consolidation may be accompanied by distribution. The liquidity zone with W1 can be considered as a target. Resistance levels: 1.3632, 1.3743 Support levels: 1.3593, 1.3508 The global and local trends are bullish. After growth, consolidation is forming. Against the backdrop of the falling dollar, GBPUSD is testing resistance. The reaction to the false breakout of resistance is weak. The chances of a breakout are quite high. Best regards, R. Linda!
Long
by RLinda
9
DeGRAM | GOLD held the lower boundary of the channel📊 Technical Analysis ● Price bounced from the channel floor (≈ 3 320) forming a bullish falling-wedge whose breakout target coincides with the median resistance at 3 348. ● Hidden RSI divergence and a series of higher lows inside today’s micro-range show buyers absorbing supply; reclaiming the wedge apex should accelerate toward the upper channel band near 3 375. 💡 Fundamental Analysis ● Spot-ETF inflows resumed and Fed-funds futures now price only one cut this year while real yields eased after soft US consumer-confidence data, trimming dollar bid and reviving gold demand. ✨ Summary Long 3 320-3 330; wedge break > 3 335 eyes 3 348 then 3 375. Bull view void on a 30 min close below 3 300. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
FX:XAUUSDLong
by DeGRAM
12
CLSK Finally Ready for a strong move up?Price printed a textbook motif wave 1 and ABC wave 2 correction ending at the 61.8 Fibonacci retracement golden pocket and High Volume Node (HVN) major support. Price continues to flirt with weekly 200EMA and looks ready for another test as resistance on the local chart. The weekly pivot still looms above but if price is in a macro wave 3 we should punch through these resistances over the next few weeks and head towards long term target of $80. Wave 2 can extend all the way $1.80 before invalidation, though the lower prices goes, the lower the probability of the analysis being correct Safe trading
NASDAQ:CLSK
by Maddox_Metrics
3
USNAS100 Eyes New ATH as Fed Rate Cut Bets &Ceasefire Fuel Rally USNAS100 OVERVIEW Wall Street Gains as Rate Cut Hopes and Ceasefire Boost Sentiment U.S. indices surged on Monday as growing expectations for a potential Federal Reserve rate cut in July helped offset market concerns over Middle East tensions. The ceasefire agreement between Israel and Iran further eased geopolitical risk, supporting bullish momentum on Wall Street. Forward Outlook: A combination of dovish monetary policy expectations and geopolitical de-escalation continues to support upside potential in U.S. equities. TECHNICAL OUTLOOK – (USNAS100) The price has stabilized above 22,090, signaling strength and opening the path toward a new All-Time High (ATH) and beyond. As long as the price holds above 22,090, the bullish trend remains in control. A break and stabilization below 22,090 would suggest a bearish correction may be underway. Resistance Levels: 22,210 → 22,280 → 22,460 Support Levels: 21,930 → 21,850
OANDA:NAS100USDLong
by SroshMayi
13
THE KOG REPORT - Update End of day update from us here at KOG: Well, we actually did want higher but there was no break above, instead, we got the break below and then the move commenced overnight, most of which we missed. We did capture part of it on the tap and bounce, then another trade now on a RIP from lower Excalibur which was hit. Not bad, not amazing, just another day on the markets. Now, we have support at the 3310-6 level with resistance at 3330 which could be the target over the sessions to come. As long as support holds, we'll hold as well. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
8
Geopolitical Spike Fades Fast – Gold Eyes 3300As highlighted in Friday’s analysis, the daily and short-term charts remain messy, but the weekly chart is leaning clearly bearish – with a potential Dark Cloud Cover candlestick formation now confirmed. 🌍 Geopolitical Gap Up... and Quick Rejection Monday’s Asian open brought a gap up, triggered by renewed tensions in the Middle East. But price failed to break above 3400 and quickly reversed – a textbook sign of weakness, not strength. 🧭 Technical View: - The weekly candle closed as a Dark Cloud Cover, a strong bearish reversal signal - The lack of follow-through after the gap up further confirms sellers are still in control - Price remains below the key 3400 level, showing no bullish momentum behind recent spikes 📌 Trading Plan: I continue to sell rallies, with an initial target near 3300. If bearish momentum builds, lower levels are in play. Let the chart lead – don’t get distracted by the noise. Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDShort
by Mihai_Iacob
14
GOLD → Within range. Retest resistance at 3347FX:XAUUSD continues to correct after a false breakdown of support at 3300. Due to uncertainty, the price may remain in the range of 3300-3340 for some time. Gold is fluctuating amid a weak dollar and uncertainty over Fed rates. Gold is struggling to hold on after rebounding from weekly lows, despite the US dollar falling to multi-year lows. Pressure on the dollar has intensified due to Trump's criticism of the Fed and rumors of a possible replacement for Powell. However, gold is limited in its growth due to a pause in geopolitical tensions and hawkish signals from the Fed chair. Investors are awaiting key macro data from the US (e 12:30 GMT Durable goods orders, GDP, Initial Jobless Claims) and especially the PCE inflation report on Friday. Technically, the focus is on key areas of interest: 3300, 3306, 3340, 3347. Until strong news emerges, an intraday trading strategy should be considered. Resistance levels: 3347, 3357 Support levels: 3320, 3307, 3300 Technically, a false breakout of resistance at 3347 and a retest of the local liquidity zone at 3320-3307 are possible before growth continues for the reasons mentioned above. Targets could be 3347, 3364, 3372, and 3396. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
7
USDJPY Ascending channel breakdown ahead selling strong📉 USDJPY Breaks Down! Strong sell-off from the key supply zone at 145.500 – the ascending channel has been broken on the 1H timeframe, signaling momentum shift. 🎯 Technical Targets: 🔹 1st Target: 144.000 – key demand zone 🔹 2nd Target: 143.000 – strong support level Bearish pressure is building — price action confirms the shift. Eyes on lower zones as sellers take control. 📊 🔔 Like, Follow, and Comment your thoughts! 💬 Join us for more timely market updates and clean setups! #USDJPY #ForexAnalysis #TechnicalTrading #PriceAction #FXSetup #LiviaTrades 😜
Short
by LIVIATRACK
8
SPX500 Holds Above 6,098 | Bullish Bias Toward ATH at 6,143OANDA:SPX500USD OVERVIEW S&P 500 Futures Subdued After Near-Record Close | Market Eyes Powell’s Comments U.S. stock futures were muted on Wednesday after the S&P 500 closed near an all-time high, following signals from Israel and Iran that their air conflict has ended. Investors now await further comments from Fed Chair Jerome Powell for clues on the monetary policy outlook. TECHNICAL OUTLOOK – SPX500 The price remains in a bullish trend as long as it trades above 6,098, with upside potential toward the ATH at 6,143. However, a 1H or 4H candle close below 6,098 would likely trigger a bearish correction toward 6,056 and 6,041. Pivot Level: 6,098 Resistance Levels: 6,143 → 6,175 → 6,210 Support Levels: 6,066 → 6,041
OANDA:SPX500USDLong
by SroshMayi
2
OANDA:USDJPY Buy SetupUSDJPY Buy Setup – Bullish Structure & Daily Rebound USDJPY is showing signs of renewed bullish momentum after rejecting a significant daily low. Price action on the 1-hour timeframe has confirmed the formation of a higher low, followed by a clean break above a key daily support level—now turned support once again. This shift in market structure indicates a potential continuation of the uptrend, supported by higher highs and higher lows on the intraday chart. Technical Highlights: Strong rejection from a daily low zone Bullish structure confirmed on the 1H timeframe Price reclaiming a key support level and holding above it Momentum suggests potential continuation toward higher targets Trade Setup: Entry: 145.110 Stop Loss: 144.754 Target Levels: Take Profit 1: 145.709 Take Profit 2: 146.747 Take Profit 3: 148.014 This setup offers a favorable risk-to-reward ratio within a well-defined bullish context. Wait for a solid candle confirmation if not already entered, and always manage your risk according to your trading plan. Drop your thoughts or questions in the comments, and if you found this valuable, hit boost and follow for more structured trade ideas. Wishing you precision and profits!
Long
by TradesbyJV
4
EURUSD – Breakout Confirmed, Now Watching for Retest or 4hr ClosEURUSD has officially broken above the key 1.16020 resistance level on the 4hr chart, but price action has since gone stagnant. No strong bullish momentum has followed the break so far — a sign we may be due for a deeper pullback. I remain bullish overall, but I'm watching for two potential scenarios: ✅ Safe Buy: Clean 4hr bullish close above 1.16020 🎯 HRHR Buy: Pullback to the former level of interest at 1.14149 if structure holds Until one of those triggers, I’ll be patient. Let the setup come to you. Overall target remains the 1.18791 zone before reassessing.
Long
by Thetraderscollective
3
High-Reward GBPUSD Setup: Entry 1.3598, TP 1.3867, SL 1.3478The GBP/USD pair has recently shown a clean bullish breakout from a short-term consolidation zone. Price has decisively moved above the 1.3478–1.3480 support-turned-resistance level, which previously acted as a ceiling within a rising channel. This breakout is meaningful—it comes after a retracement toward the lower boundary of the ascending structure, suggesting that buyers are once again gaining control. The recent bullish candle has closed strong and full-bodied, indicating momentum. Historically, as you mentioned, GBPUSD tends to follow through for a few sessions once a bullish breakout begins. This is visible in prior moves throughout March and April, where an initial spike was often followed by two or three additional bullish candles. That behavior adds confluence to this setup. Moreover, there is a clear path for price to move toward the long-term resistance near 1.3867, which aligns well with prior supply zones and the upper boundary of historical price reactions. 📈 Trade Idea • Entry: 1.3598 (current price after breakout confirmation) • Stop Loss: 1.3478 (just below the support flip and last swing low) • Take Profit: 1.3867 (next major resistance level) • Risk–Reward Ratio: ~2.24:1 This setup offers a clean bullish continuation pattern with room to run. If the pair maintains its current momentum, reaching the target in the next few trading days is entirely plausible. Any daily close above 1.3600 with volume would further validate the trend.
Long
by SupertradeOfficial
1