USDCAD LONGUSDCAD should go long. I have a really good feeling about this pair and where it is going. outside of all the dumbshit trump is going through. I think the dollar would gain value.
Support and Resistance
#POSSIBLE CONDITIONSMarket Outlook for Tomorrow:💯
As we dive into today’s 4H analysis, two possible scenarios unfold:
1:Rejection at the Recent Selling Zone (2654 - 2665): If the market faces resistance here, we
could see a pullback, with price potentially dropping towards 2725.
2:Breaking the First Zone: Alternatively, the market might liquidate its first zone and then face a fresh sell-off from the second key selling area.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#XAUUSD 4H Technical Analyze Expected Move.
The game is on! Let’s watch closely as we await whether the market offers us risk or reward. These selling zones are critical, so make sure to act only after a solid bearish confirmation.💥
Today analysis for Nasdaq, Oil, and GoldNASDAQ
NASDAQ successfully rebounded and closed higher. Yesterday was a day where selling at the 3-day moving average was possible, and after rebounding to the 3-day line, it faced resistance and closed at that level. The rebound appears to be a recovery from the excessive drop on Monday due to overblown concerns about China's Deepseek.
On the daily chart, the MACD remains above the signal line, maintaining a buy signal, which suggests further attempts to rebound are likely. Additionally, today’s FOMC meeting and major corporate earnings reports will be pivotal in determining whether the downward gap created on Monday will be filled.
On the 240-minute chart, the MACD is attempting a golden cross after the sharp drop and subsequent rebound. If the golden cross is not confirmed and the index falls again, it may test the double-bottom level, so caution is advised when chasing a buying position.
However, if the golden cross is confirmed, it would be advisable to adopt a buy-on-dip strategy, as buying momentum remains strong. Today’s primary strategy should be selling at the 5-day moving average resistance level, making it advantageous to sell at resistance areas near the 5-day line. With strong upward momentum and potential pre-market consolidation due to economic data announcements, a box-range trading approach would be ideal.
OIL
Oil closed higher, encountering resistance near the $74 level. The daily chart shows that the 240-day moving average acted as support, with a bullish candle forming as oil prepares for another rebound attempt. The MACD still signals a sell trend, but consistent buying efforts could continue.
As mentioned earlier, even if oil rises, it’s likely to face pullbacks at certain levels. On the 240-minute chart, a buy signal has been confirmed, with a double-bottom pattern forming alongside a lower shadow, indicating a favorable buy-on-dip strategy.
If a strong rebound occurs, prices could rise to the 10-day moving average around $75.50. Selling positions should be avoided for now, with a focus on buy-on-dip strategies. Additionally, be mindful of price volatility due to today’s inventory report.
GOLD
Gold closed higher, supported by the 10-day moving average on the daily chart. The MACD and signal line on the daily chart still show separation, and gold has recovered both the 3-day and 5-day moving averages, making a buy-on-dip strategy effective.
For April contracts, it is crucial to see whether gold can break above $2,815 on the weekly chart and form a bullish candle. Be cautious of increased volatility in gold prices resulting from today’s FOMC meeting outcomes.
On the 240-minute chart, the MACD is on the verge of a golden cross. If gold fails to see additional significant gains, the price could form the right shoulder of a head-and-shoulders pattern. If the MACD fails to build further upward momentum and starts to fall, a third wave of selling could occur, so keeping this scenario in mind is advised.
The clear trend will likely be determined after today’s FOMC meeting, so monitoring gold’s movement after the announcement will be key.
■Trading Strategies for Today
NASDAQ - Range-bound Market
-Buy: 21,520 / 21,475 / 21,410 / 21,375 / 21,290
-Sell: 21,610 / 21,700 / 21,770 / 21,900
OIL - Range-bound Market
-Buy: 73.65 / 73.10 / 72.60
-Sell: 74.60 / 75.00 / 75.50 / 76.00
GOLD - Bullish Market(April)
-Buy: 2,791 / 2,787 / 2,783 / 2,775
-Sell: 2,804 / 2,809 / 2,821
These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.
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GU 1H Sell Idea 1/25/25Since price is rejecting a monthly consolidation zone from 12/1/23, I would like a retest on the bottom of my 8H level to continue bearish at least up to the Daily Consolidation Zone that was created on 1/10/25.
Lower Lows and Highs have already started to form on the 1-5m, while the 15m is currently consolidating at market closure on 1/24/25. Also, the W. D, 4H, & 1H have all rejected the Monthly Consolidation Zone as of 1/24/25 market closure.
If the higher time frames line up, the sells will be valid.
OTHERS "Altseason"I'm back from my break... after the FOMC meeting we will see what happens but if the news is bullish then I could see a rally leading into an altseason.
NZDJPY to remain mixed and volatile?NZDJPY - 24h expiry
The primary trend remains bearish.
The sequence for trading is lower lows and highs.
Preferred trade is to sell into rallies.
Risk/Reward would be poor to call a sell from current levels.
Bespoke resistance is located at 88.60.
We look to Sell at 88.60 (stop at 88.95)
Our profit targets will be 87.60 and 87.25
Resistance: 88.25 / 88.70 / 89.00
Support: 87.60 / 87.20 / 87.00
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Alibaba Wave Analysis 28 January 2025
- Alibaba broke resistance zone
- Likely to rise to resistance level 100.00
Alibaba recently broke the resistance zone between the resistance level 93.50 (a former yearly high from December) and the 61.8% Fibonacci correction of the downward impulse from November.
The breakout of this resistance zone accelerated active impulse wave 3, which has been part of the intermediate impulse wave (C) since the beginning of January.
Alibaba can be expected to rise further to the next round resistance level 100.00 (which stopped the previous minor correction iv in November).
Baidu Wave Analysis 28 January 2025
- Baidu continues weekly upward correction
- Likely to rise to resistance level 95.00
Baidu continues to rise strongly inside the upward correction which started earlier from the major multi-year support level 80.00 (which has been reversing the price from 2022).
The upward reversal from the support level 80.00 created the weekly Japanese candlesticks reversal pattern Bullish Engulfing.
Baidu can be expected to rise further to the next resistance level 95.00 (which stopped the previous weekly correction 2 at the end of last year).
FOREX AUDUSD LONGAUDUSD appears to have formed a fakeout at the lower end of the range. This suggests that traders who entered short positions when support was broken are now either closing their positions or adding to their losing trades to avoid liquidation. This dynamic could fuel the price toward 0.64, where the 21-week exponential moving average is located.
I'm watching for the price to reach the nPOC zone. However, if the price finds support around the 21-day EMA within the next 1–2 days, I plan to enter with half of my position.
UK100 (FTSE)-Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
8380.25 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
The ascending flag taking shape suggests we will soon see another leg higher.
A trough is formed in daily chart at 8006.10 on 12/20/2024, so more gains to resistance(s) 8664.21, 8765.00, 9000.00 and more heights is expected.
Take Profits:
8083.43
8183.03
8242.89
8380.25
8485.05
8664.21
8765.00
9000.00
__________________________________________________________________
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EURUSD Near Ascending Channel’s Peak: Will It Reverse?EURUSD ( FX:EURUSD ) rose to the Resistance zone($1.054-$1.044), as I expected in the previous idea .
EURUSD is moving in the Resistance zone($1.054-$1.044) and near the upper line of the Ascending Channel ( the role of resistance ).
According to the theory of Elliott waves , it seems that EURUSD has completed 5 impulsive waves , and we should wait for corrective waves .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect EURUSD to fall at least to the Targets I have marked on the chart .
What do you think? Will EURUSD break the Resistance zone($1.054-$1.044) or back to test the Support zone($1.039-$1.033)?
Note: If EURUSD breaks the Resistance zone($1.054-$1.044), we can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S.Dollar Analyze (EURUSD), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put 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 at 118.53 (quick flip) - the king is not dead...yet.This one may not be the 1 day reversal win I always hope for, but I think this is a very overdone selloff. It may continue for a day or two, but it could also rebound 5 or 6% tomorrow, so count me in. I am prepared to weather the storm however, as surely analysts will look to vocally cover their ass3s now that Wall Street's darling has become the Flavor of the Weak (shout-out to American Hi-Fi).
There are few stocks that people get so wildly over-optimistic and wildly pessimistic about as this one, and that is an opportunity, in my mind. It held 117ish support and has more below that, but this move today definitely did technical damage that will take time to repair.
And if the DeepSeek news is legit (consider me still a skeptic) it could do damage here fundamentally long term. The fact is, though, DeepSeek is still running on NVDA chips, not someone else's. Just maybe not as many or as powerful. That's a real concern - or should be if DeepSeek is legit. Even if it is, though, this trade is all about stocks not moving in straight lines up or down. I'm confident I'll make money whatever direction it moves - but up tomorrow would certainly make that job a lot easier.
Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Bitcoin’s Next Move: Long Setup or Deeper Correction Below $95K?As I expected , Bitcoin ( BINANCE:BTCUSDT ) continued to fall to the Support zone($101,280-$99,500) , and it even seems that it has broken .
Bitcoin is moving near the Support zone($101,280-$99,500) , a set of support lines , the 50_SMA(Daily) , and the Monthly Pivot Point .
According to the theory of Elliott waves , Bitcoin seems to have completed the main wave 3 and is completing the main wave 4 .
I expect Bitcoin to follow the Roadmap I outlined in my chart in the coming hours . Because Bitcoin is near the set of support parameters , I chose the label of this idea as LONG .
Note: Like the previous Mondays, the purchase MicroStrategy company continues buying Bitcoin=>"MicroStrategy Buys 10,107 Bitcoin For $1.1 Billion."
Note: If Bitcoin can touch $104,200, it will fill the CME Gap($105,500-$104,695) in the next step, and it is possible to form a new All-Time High(ATH).
Note: If Bitcoin goes below $95,000, we should expect more corrections from Bitcoin.
Has the main Correction of Bitcoin started!? Please share your ideas in the comments.
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 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.
Nasdaq-100 Wave Analysis 28 January 2025
- Nasdaq-100 reversed from support zone
- Likely to rise to resistance level 22000.00
Nasdaq-100 index recently reversed up from the support zone set between the key support level .00 (which has been reversing the index from December), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from November.
The upward reversal from this support zone stopped the previous intermediate ABC correction (2).
Given the strong daily uptrend, the Nasdaq-100 index can be expected to rise further to the next resistance level 22000.00 (which stopped earlier waves (B) and (1)).
AUDUSD Wave Analysis 28 January 2025
- AUDUSD reversed from the resistance zone
- Likely to fall to support level 0.6200
AUDUSD currency pair recently reversed down from the resistance zone between the pivotal resistance level 0.6300 (former powerful support from the end of 2023) and the 50% Fibonacci correction of the downward impulse from November.
The downward reversal from this resistance zone stopped the previous ABC correction 4.
Given the clear daily downtrend and the overbought daily stochastic, AUDUSD can be expected to fall further to the next support level 0.6200 (which stopped the previous minor correction b).
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!
EURGBP Testing Resistance – Pullback Toward 0.8407 ExpectedThe EURGBP pair is approaching a key resistance zone, where sellers are likely to step in. The current structure suggests a potential rejection at this level, with the price expected to pull back toward the 0.8407 level, which represents a logical target for this setup.
This setup aligns with the idea of a short-term correction from resistance, offering a potential short opportunity if rejection is confirmed.
EURUSD showing bullish momentumEvening traders, this is my analysis on EUR/USD as we can see our downtrend was broken a while back and we are now in a bullish move and seems it might continue for a while If it breaks above the newest Higher High, every detail is provided on the chart and the best entry point which has the highest probability of winning
NZDSGD - Potential Long from Key Support ZoneOANDA:NZDSGD is approaching a key support level that has previously acted as a strong demand zone, leading to bullish momentum. The recent decline into this area suggests a potential opportunity for buyers to step in and push prices higher.
A bullish confirmation, such as a strong rejection pattern, bullish engulfing candle, or long lower wick, would increase the likelihood of an upward move. If buyers regain control, the price may head toward the 0.76630 level. This setup indicates a potential short-term rebound within the broader market structure
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
EURCAD: Sell Setup After Impulsive Move to ResistanceFOREXCOM:EURCAD is approaching a significant resistance zone, marked by historical price rejections. This level aligns with a key area of interest where sellers have previously regained control, causing substantial bearish moves.
The current market structure suggests that a potential rejection could occur if price action confirms it. If we observe bearish signals, such as a bearish engulfing candle or clear wicks rejecting the zone, the market may reverse and head lower.
I anticipate that if sellers take control, the price could move downward toward the 1.50000 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.
USDCHF 1D Bullish Trend against Weekly ResistanceOANDA:USDCHF
📶 Technical Analysis
Weekly (1W) Chart:
In 2023 and 2024, USDCHF formed a strong support level around 0.8400 and a strong resistance level around 0.9200.
As of January 2025, the price has tested the 0.9200 resistance level again, suggesting a potential battle around this key level.
Daily (1D) Chart:
Aug - Sep 2024: The 0.8400 support was tested multiple times, holding strong, and the price reversed, forming a bullish trend from October 2024 until now.
January 2025: The price tested the strong resistance at 0.9200, and we can now see a clear correction towards the trendline and the middle support level around 0.9000.
🔤 Overall Outlook:
🟢 Long Position: Be cautious near the weekly resistance at 0.9200, as there could be a strong pullback and higher volatility, making it riskier for a long trade.
🔴 Short Position: Consider waiting for a trend breakout below the current correction bottom, or a formation of a new lower low below 0.8950 to confirm further downside.
The bullish trend continues on the daily chart, but the price is approaching a strong resistance level at 0.9200.
Fundamental analysis is necessary to assess the economic factors and expectations that may drive the price in either direction. Without clear fundamental drivers, the technical picture remains uncertain for now.
Currently, there’s no clear setup for my trading strategy, as the price is near a strong resistance and requires confirmation through either a breakout or pullback to make further decisions.
Short on BTCHi everyone
I want to open a short position on BTCusdt
After a heavy bearish pattern , btc has had a price correction in its downtrend.
what do you think about ma analysis ?
XAUUSD BUY PROJECTION Hey guys my last buy projection on Gold didn’t play out so I’m interested for buys on this next support zone…I will be waiting for a nice retest with a bullish engulfing as confirmation to take buys to the upside and I will update you guys when I execute…..
