Get started

Support and Resistance

EURAUD to continue in the sequence of higher lows?EURAUD - 24h expiry The primary trend remains bullish. Short term RSI is moving lower. Preferred trade is to buy on dips. Risk/Reward would be poor to call a buy from current levels. Bespoke support is located at 1.7840. We look to Buy at 1.7840 (stop at 1.7805) Our profit targets will be 1.7980 and 1.8000 Resistance: 1.7920 / 1.7990 / 1.8020 Support: 1.7800 / 1.7750 / 1.7710 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.
Long
by OANDA
USD/CAD Battlelines Drawn at Former SupportUSD/CAD briefly registered in intraday low at 1.3540 last week before mounting a massive outside-weekly reversal off the yearly lows. The subsequent rally extended more than 1.9% off the low with the advance exhausting into resistance this week at 1.3795-1.3836- a region defined by the 61.8% retracement of the late-2023 advance, the April low-close, and the 23.6% retracement of the yearly range. Looking for inflection off this mark to offer guidance with the immediate recovery vulnerable while below. Initial weekly support rests with the 61.8% retracement of the June range at 1.3639 with key support steady at the 1.618% extension of the February decline / 78.6% retracement at 1.3504/23- look for a larger reaction there If reached with a close below needed to mark resumption of the yearly downtrend. Subsequent support objectives rest with the 2024 low-week clow (LWC) at 1.3360 and the 2023 LWC at 1.3218. A topside breach / close above the 2022 trendline (red) is needed to suggest a more significant low is in place / a larger recovery is underway with the next major technical consideration eyed at 1.3963-1.4018- a region defined by the 52-week moving average, the 2022 swing high and the 38.2% retracement. A weekly close above this key pivot zone is ultimately needed to invalidate the yearly downtrend in USD/CAD. Bottom line: A rebound off the yearly channel is now approaching initial resistance at former support- looking for possible price inflection off the 1.3795-1.3835 zone into the monthly cross. From a trading standpoint, rallies would need to be limited to the 2022 trendline IF price is heading lower on this stretch / to validate a break of the multi-year uptrend with a close below 1.3504 still needed to mark resumption. -MB
by FOREXcom
Gold consolidates Bullish momentum Towards 3375XAUUSD Gold Analysis Update – June 25 Gold initially fell below the key trigger level at 3375, extending its decline and sweeping through liquidity support around 3310. However, the break below 3310 proved to be a false breakout, with price rebounding sharply and interrupting the three-day bearish streak. This rebound is supported by renewed weakness in the US dollar and persistent geopolitical tensions in the Middle East, both of which have helped restore safe-haven demand for gold. You may find more details in the chart Ps Support with like and comments for more analysis.
OANDA:XAUUSDLong
by MrMartin_11
3
BTC continues to short at high levels during the day📰 Impact of news: 1. Geopolitical impact 📈 Market analysis: BTC has reached an intraday high of 108,125, just one step away from the all-time high of 112,000. With the increase in trading volume and institutional sentiment turning bullish, the momentum seems to be in the bulls' favor. In addition to institutional buying, the ceasefire agreement in the Iran-Israel war is also an important factor in Bitcoin's sharp rebound. Trump's announcement of the end of the war almost immediately triggered a surge in the cryptocurrency market. However, the overall pattern has not changed, and the range resistance has not been broken, so we still keep the idea of ​​shorting at high levels. 🏅 Trading strategies: SELL 108000-107500 TP 104500-103500 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
BITSTAMP:BTCUSDShort
by AllenBoswell-2
Technical Analysis of CRCL (4H Timeframe): A Test of Key SupThis 4-hour chart for CRCL illustrates a classic "impulse and correction" pattern within a powerful uptrend. After a parabolic surge to a peak near $300, the asset is now in a healthy pullback, seeking to establish a new level of support before its next potential move. The key question for traders is whether this correction is a pause or a reversal, and the chart provides critical levels to watch. The Bullish Thesis: A Confluence of Support The primary area of interest is the $160 to $170 zone. This is not just a random level; it represents a powerful confluence of four distinct technical indicators, making it the most critical support zone to watch: 1. Previous Breakout Level: This zone was a clear area of prior resistance. Following the principle of "resistance becomes support," the price is now retesting this level from above, which is a classic bullish confirmation pattern. 2. Fibonacci Golden Pocket: The retracement from the recent high finds the 0.618 Fibonacci level—often called the "golden pocket" and a prime target for buying in an uptrend—located at approximately $153. The 160−170 zone sits just above this, making it the logical area for buyers to step in. 3. Ascending Trend Channel: The price action is contained within a well-defined ascending channel. The lower boundary of this channel, which has provided support throughout the uptrend, is currently intersecting with this key price zone. 4. Anchored VWAP: The light blue line, an Anchored Volume Weighted Average Price (AVWAP) starting from the beginning of the rally, is also trending directly into this support zone. Price holding above the AVWAP signifies that the average buyer from the start of the move is still in profit, which is a strong sign of underlying trend health. The "Last Stand" Support Should the primary support fail, the chart highlights a secondary, more significant demand zone at $110 to $120. This is identified as the Point of Control (POC) from the volume profile on the left. The POC represents the price level where the most trading volume has occurred, signifying it as an area of "fair value" and a magnet for price. A drop to this level would represent a much deeper correction but would likely be met with significant buying pressure. Conclusion and Key Scenarios Bullish Scenario : The most immediate bullish outcome is for the price to find a bottom within the 160−170 support zone. A strong bounce from this area, confirmed by bullish candlestick patterns and increasing volume, would signal the end of the correction and a likely continuation of the primary uptrend, with the previous high near $300 as the next logical target. Bearish Scenario : A decisive break and close below the $160 level on the 4-hour chart would be a significant warning sign. This would invalidate the immediate bullish structure and open the door for a deeper retrace towards the Point of Control at 110−120. In summary, CRCL is at a critical juncture. The chart is constructively poised for a continuation of its uptrend, but traders should watch the 160−170 confluence zone as the definitive line in the sand. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
NYSE:CRCLLong
by ManiMarkets
Gold is obviously suppressed, so we must go short!Yesterday, gold continued to fluctuate and fall under pressure at the 3360 mark. The US market further accelerated downward to break through the 3300 integer mark and reached a weak closing near 3295. The daily K-line closed with a suppressed fall and broke the bottom of the middle shadow. The overall gold price continued to fluctuate and fall in a weak rhythm. After reaching the lowest level of 3295, it rebounded and closed at 3323. Today, it opened at 3324. As of now, it has reached the highest level of 3337. At present, we are focusing on the suppression of 3340-3348. If the rebound is under pressure, we can still intervene in short orders. The recent market trends are basically the same - bottoming out and rebounding. In terms of operation, continue to keep shorting under pressure and long positions after bottoming out and rebounding. From the current market trend, today's upper short-term resistance focuses on the 3338-3342 area. If it rebounds to this range and is under pressure, you can consider choosing an opportunity to arrange short orders. The lower support focuses on the 3315-3305 line. If it falls back and stabilizes, there is a possibility of a short-term rebound. The overall situation is still in a range-bound structure. It is recommended to focus on key points, buy high and sell low, follow the trend, and strictly control risks. For more specific operation points, please pay attention to the 🌐 notification at the bottom.
OANDA:XAUUSDShort
by TP_Daniel
AMC | Long-Term Setup BrewingAMC has been a battlefield stock for retail traders, and while the meme frenzy has calmed, the chart shows signs of a long-term consolidation that may lead to a breakout. We’re not chasing hype we’re playing levels. The current zone offers asymmetric risk/reward for patient swing or position traders looking for a reversion move back toward key psychological and technical levels. 🔍 Entry Zones: ✅ Market Price: ~$2.99 (initial momentum position) 🧲 Pullback #1: $2.75 (former pivot + fib level) 🧨 Pullback #2: $2.50 (key support floor and high-risk/reward entry) 🎯 Profit Targets (Swing/Position): 🎯 TP1: $3.30 – reclaim of early resistance 🎯 TP2: $4.00 – volume spike zone 🎯 TP3: $5.00+ – potential sentiment surge / short squeeze zone 📢 Disclaimer: This is not financial advice. Always manage your own risk and do your own due diligence.
NYSE:AMCLong
by Robert_V12
3
Short gold after reboundGold rebounded after touching 3312, and has now rebounded to 3330, but the rebound strength is far less than the decline strength, so the overall performance of gold is still weak. Because gold fell sharply yesterday, the market bullish confidence suffered a heavy blow, and there are many resistances above after gold fell and broke, and it is under pressure at 3340-3350 in the short term, and there is a technical gap above that suppresses the 3360-3370 area. Therefore, before gold stabilizes in the 3360-3370 area, the short-selling force still has the upper hand, so we still focus on shorting gold in trading. We can consider shorting gold with the 3340-3350 area as resistance, and look at the target area of ​​3320-3310. The Premium privilege of my account will end on June 26, and it will stop updating here from tomorrow. Friends in the channel have already made a lot of money by following my trading strategies. Friends who have not joined yet can join and receive the latest trading strategies and trading signals in the first time to protect your trading!
OANDA:XAUUSDShort
by Steffen_Schade
BTCUSDNow that BTCUSD has reached our previous target at 107,848, we are updating our forecast. The market remains structurally bullish, with the next upside objective at 109,400. Although we've seen a reaction from a short-term supply zone, a slight pullback or pause is possible. However, due to visible liquidity resting above, there's a strong likelihood that price will extend higher toward 109,400. At that point, we will closely monitor price action for signs of exhaustion or reversal to evaluate potential short opportunities.
COINBASE:BTCUSDLong
by ProSignalai
Bark | BARK | Long at $0.84BARK, Inc. NYSE:BARK is a dog-focused company offering subscription-based products like BarkBox and Super Chewer, delivering monthly toys, treats, and pet supplies. It operates in Direct-to-Consumer and Commerce segments, selling through its website, retail partners, and e-commerce platforms. While not overly bullish here, especially given the economic / recession-fear headwinds, I think this is one of those stocks that may have a future "pop" as interest rates are lowered, or news emerges of the company expanding to new retail partners. A few insiders have recently purchased shares (~$75k under $1.00) and others have been awarded options. The book value currently rests near $0.64. It may dip between that price at $0.50 in the near-term. However, that's just been the trajectory of SO many of these SPAC stocks... dip then pop or bust. Fundamentally, nothing to uproar over and this is a risky investment (Nasdaq delisting may occur). The positive is the debt-to-equity in 0.9x, which is pretty good for a small company. But 2026 is expected to be its worst earnings year. The future may look bright in 2027 and beyond, but can the company last? Time will tell. Thus, for a swing trade, NYSE:BARK is in a personal buy zone at $0.84 with a risk of further near-term decline between $0.50 and $0.64. Targets into 2027 $0.95 (+13.1%) $1.25 (+48.8%)
NYSE:BARKLong
by WorthlessViews
Oxford Industries | OXM | Long at $38.10Oxford Industries NYSE:OXM is an apparel company that designs, sources, markets, and distributes lifestyle brands like Tommy Bahama, Lilly Pulitzer, and Southern Tide. While I am not super bullish on the retail sector given the blaring recession signals, I also don't think this is the end of life as we know it... the anticipated downside is already priced-in for many retail brands. From a technical analysis perspective, NYSE:OXM has entered my "crash" simple moving average zone. Typically, but not always, this is an area where value investors accumulate shares in anticipation of a future rise in share price. While the price is likely to dip near $28-$30 in the near-term, the last open price gap on the daily chart since the COVID-19 pandemic was closed today. Also, last week, an NYSE:OXM Officer and the CEO bought just over $600,000 in shares near $40 and the stock is currently trading at book value. Fundamentals: P/E = 7.4x (apparel sector average = 22.4x) Forward P/E = 11.4x Dividend = 7.25% Debt-to-equity = .2x (healthy) Regardless of some strong fundamentals, persistent macro volatility, consumer caution, and tariff pressures may delay recovery. Analysts expect flat to declining sales in 2025, with limited organic growth. Like I mentioned above, while there is likely short-term pain here, the fundamentals are there to potentially weather the storm. Thus, at $38.10, NYSE:OXM is in a personal buy zone with the further decline between $28-$30 likely (where additional share accumulation will occur as long as the fundamentals do not change). Targets into 2027 $45.00 (+18.0%) $50.00 (+31.2%)
NYSE:OXMLong
by WorthlessViews
Will the Robotaxi euphoria continue to push TSLA higher?NASDAQ:TSLA pushing higher the last few days thanks to the start robotaxis. Will this rally continue? the answer is yes until the LIS gets broken. LIS is at 311, any break below will give a retrace. If you are long, get out and get back in when the next LIS gets broken on the upside. This is efficient investing. Don't waste time doing HODL. LIS is evolving over time, I will keep you updated on it. This is really simple trading based on important levels. Keep following my post, so you can see it by yourself.
NASDAQ:TSLALong
by TradingTheLIS
Suppression remains unchanged, the latest layout of gold📰 Impact of news: 1. Powell's testimony 2. Geopolitical impact 📈 Market analysis: The short-term rebound of gold is the release of energy for the accumulated bulls. From the current market trend, 3340 above is the key point of the short-term watershed between bulls and bears. The short-term resistance above is around 3342-3348, and the short-term support below is around 33220-3315. If it falls below this, it will continue to look towards yesterday's low of 3290-3280. The daily level is under pressure and continues to see a decline and adjustment. If it touches 3340-3350 above, you can try to short. After it retreats to 3320-3315 and obtains effective support, you can consider going long. 🏅 Trading strategies: SELL 3340-3350 TP 3330-3320-3315 BUY 3320-3315 TP 3330-3340-3350 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDShort
by AllenBoswell-2
New buying opportunity may emerge for BTCBTC tends to fluctuate in the short term, but as BTC builds a double bottom structure to support the rebound pattern, it is currently inclined to fluctuate upward. Although the upward momentum has weakened after reaching around 106,000, as long as it stays above the 105,300-104,800 area, BTC is still expected to continue to rise and may challenge the 108,000-109,000 area again. And with the collapse of the gold and oil markets, funds in the two markets may flow into BTC, which is more attractive and the mainstream market of cryptocurrencies. So as BTC retreats in the short term, BTC may have new short-term buying opportunities. Then if BTC retreats to the 105,500-104,500 area and does not fall below this area, we can consider going long on BTC at the right time.
BITSTAMP:BTCUSDLong
by Steffen_Schade