Support and Resistance
RSI divergent, suggesting a bounceThe USDMXN has been in a descending channel since spring of this year, but is near channel support with a strongly divergent RSI. Since the MXN has gained about 10% against the US Dollar since the beginning of the year, however rate differentials are tightening, the appetite for MXN at current levels may be waning. It's not time to be outright bullish the USD over the MXN, but a break back above the 18.8500 level may suggest that time may be near.
Is DOGE About to Explode or Collapse?Yello Paradisers! Are you ready for what could be DOGE’s most explosive move in weeks? DOGEUSDT is currently developing a very interesting bullish setup that deserves attention.
💎The pair has formed a falling wedge — a pattern that often precedes a breakout to the upside. This comes right after a confirmed bullish Change of Character (CHoCH), indicating that buyers are quietly stepping back in.
💎Even more important, we’ve seen a classic inducement grab, meaning early liquidity has been taken out, clearing the way for a potential real move. On top of that, there’s hidden bullish divergence on the RSI and clear bullish divergence on the MACD. This combination of signals significantly increases the probability of a bullish reversal from the current support zone.
💎If DOGE prints a convincing bullish candlestick pattern at these levels, it could offer a high-probability long opportunity with a strong risk-to-reward ratio. But be careful — if the price breaksdown and closes candle below this key support, the bullish scenario becomes invalid, and it’s better to wait for a more favorable structure to develop.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
NZDJPY to find buyers at previous support?NZDJPY - 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 87.50.
We look to Buy at 87.50 (stop at 87.30)
Our profit targets will be 88.30 and 88.50
Resistance: 88.00 / 88.30 / 88.50
Support: 87.50 / 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.
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BTC/USDT Technical Analysis, 2025-07-07 11:30 UTC📊 BTC/USDT Technical Analysis, 2025-07-07 11:30 UTC
🕒 Binance Spot
📆 July 7, 2025 | 11:30 GMT Candle Observations
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💡 Price: 108712.97 USDT
📉 EMA200 (Dynamic): 108938.31
🟩 Support Watch: 107512.97
🟦 Resistance Target: 109782.97
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🔍 We're observing price action developing below EMA200, with a recent Piercing Line formation at a noted dip zone. This setup may suggest buyers are attempting to reclaim short-term control.
⚠️ Key tactical support remains near 107512.97, where historical reaction zones and liquidity zones intersect.
📈 A move toward 109782.97 is being monitored as a potential resistance test, in line with local OBV divergence and recovering bid pressure.
📌 Market Microstructure Notes:
• Order Book Imbalance leaning toward bids (+0.45)
• OBV Trend: +10.17% vs 5-period MA
• Thunder Engine Volume Acceleration: ⚡ Observed
• Whale Ask Cluster: ~640k USDT near top of range
📉 No guarantees of breakout or reversal watching how price reacts around key levels. Maintain cautious positioning near support/resistance pivots.
GBPJPY Wave Analysis – 9 July 2025- GBPJPY reversed from long-term resistance level 199.65
- Likely to fall to support level 198.00
GBPJPY currency pair recently reversed from the strong long-term resistance level 199.65 (former strong resistance from October, November and July) standing near the upper daily Bollinger Band.
The downward reversal from the resistance level 199.65 is likely to form the daily Shooting Star reversal pattern.
Given the bearish divergence on the daily Stochastic indicator and the strength of the resistance level 199.65, GBPJPY currency pair can be expected to fall to the next support level 198.00.
CADJPY Wave Analysis – 9 July 2025- CADJPY reversed from resistance area
- Likely to fall to support level 106.00
CADJPY currency pair recently reversed from the resistance area located between the resistance level 107.40 (former monthly high from June), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from November.
The downward reversal from this resistance area stopped the previous intermediate corrective wave (B).
Given the strength of the resistance level 107.40 and moderately bullish yen sentiment seen today, CADJPY currency pair can be expected to fall to the next support level 106.00.
AUDJPY Ready To "Drop A Shoulder"? Multi-Timeframe May Help!OANDA:AUDJPY is beginning to form a very convincingly strong Reversal Pattern, the Head & Shoulders!
Starting with the Daily Chart we can see that Price is Forming a Doji Candle just after trying to Breakout of a Major Resistance Zone created from the Highs of March 18th and if Price is unable to close above this level, this strengthens the Bearish and Reversal Bias.
Now the 4 Hr Chart shows both the "First Shoulder" or Previous Higher High that was surpassed by the "Head" which is the New Higher High, has formed quite quickly with a slightly Ascending "Neckline" or Support Line where Bulls were able to make their Last Stand.
With a Reversal Pattern, you want to see a Change in Trend, in this case, would be a Lower High then that of the Higher High or "Head" @ 96.204.
*If Bulls are able to Push Price above the "Left Shoulder" or Previous Higher High @ 95.952, this will Invalidate the Head & Shoulders Set-up!
**If Bulls are unable to Break Above 95.952 and Price is pushed back down to the Confirmation or "Neckline" for a 3rd time, this Confirms the Head & Shoulders Set-up!!
Based on the Distance between the Head and Neckline, we can project a potential drop down to the next Support Level as a Price Target @ 95.00 once:
1) Pattern is Confirmed
2) Breakout is Validated
#TON Update #4 – July 8, 2025🟡 #TON Update #4 – July 8, 2025
Tonecoin has reached the area we previously marked as a potential entry zone. We’re now seeing early signs of a bounce from that level.
For this reason, I'm considering entering a trade here, with a risk-to-reward ratio of approximately 2.63.
▫️ Entry: 2.754
▫️ TP1: 2.850 (50%)
▫️ TP2: 2.910 (50%)
▫️ Stop: 2.694
❗️ I do not recommend moving the stop loss. Stick to the plan. This trade will be actively monitored and updated if necessary.
US30 – Pullback Holding Above 44300After rallying into the 45,011.92 resistance, US30 is pulling back modestly but still trading above the prior breakout zone at 44,313.00. This could act as short-term support if bulls maintain momentum.
Support at: 44,313.0 🔽 | 43,800.0 🔽
Resistance at: 45,011.9 🔼 | 45,500.0 (psych level) 🔼
🔎 Bias:
🔼 Bullish: Price holding above 44,313.0 keeps bullish structure intact with eyes on new highs.
🔽 Bearish: A breakdown below 43,800.0 may shift momentum and trigger a deeper retracement toward 42,800.0.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Gold is Nearing The Daily TrendHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3,260 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 3,260 support and resistance area.
Trade safe, Joe.