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Supportandresistancezones

XAUUSD - AFTER FOMC SPEECH - 4HXAUUSD / 4H TIME FRAME HELLO TRADERS In the month of August, prices started to increase until September by 10.04%, reaching a new historical peak of $2,600. As long as they remain below this level, it indicates a decline at a rate of 2.66%. Technically analysis : Gold reached a historical peak of $2,600 but began to decline following a speech by Jerome Powell. The decline was significant, hitting the target of +420 pips. Prices are now trading under downward pressure. The key levels to watch are $2,589 and $2,575. As long as the price remains below these levels, it indicates a downtrend If gold continues to stay below $2,575, it is expected to drop further to $2,551, and potentially down to $2,531. Conversely, if a 4-hour candle closes above $2,575, it suggests that prices could reverse upwards, targeting $2,589, and potentially returning to the all-time high of $2,600. overall , that the short-term outlook for gold is bearish, but there is potential for a bullish reversal if the price stabilizes above $2,575. Traders should monitor these levels closely to gauge the next move in the market. UPWARD TARGET : 2,589$ , 2,600$ . DOWNWARD TARGET : 2,551$ , 2,531$.
OANDA:XAUUSDShort
by ArinaKarayi
USDCAD - UNDER DOWNWARD PRESSURE - 4HUSDCAD / 4H TIME FRAME HELLO TRADERS Currently, prices are trading below the resistance trend line and the turning level at 1.361. This sets the stage by identifying that the price is under a key resistance line and turning level, specifically at the 1.361 level. The resistance line acts as a ceiling preventing further upward movement. As long as trading remains below this level, a decline is expected, potentially reaching 1.354 and 1.350. Here, you're forecasting a possible downward trend. If prices don't break through 1.361, the expectation is for them to move lower, first targeting 1.354, and possibly continuing to 1.350. These levels are likely key support level where the price could find temporary stability. However, breaking this level would indicate a rise toward 1.370. This section shifts the focus to an alternative outcome. If the price breaches the 1.361 resistance, it would signal the start of an upward movement, aiming for the next key level at 1.370. To confirm an uptrend, it is necessary to break through this level, which would then target the next level at 1.374. Finally, you're stating that for a true and sustained uptrend to be confirmed, the price must break through 1.370. Once this happens, the price is expected to head towards the next resistance level at 1.374. UPWARD TARGET : 1.370 , 1.374. DOWNWARD TARGET : 1.354 , 1.350.
Short
by ArinaKarayi
NAS100USD / KEY LEVEL 19,954 - 4HNAS100USD / 4H TIME FRAME HELLO TRADERS Tendency , prices trading below 19,954 , it indicates under downward pressure Prices are expected to remain under bearish pressure as long as they trade below the key levels of 19,954 and 19,535. Should the price stabilize and remain below these thresholds, a decline towards 19,187 is anticipated. A breach below this point could signal a further drop to 18,688. On the other hand, if the resistance at 19,954 is broken, we could witness upward momentum, with prices potentially rising first to 20,194 and then extending to 20,714. UPWARD TARGET : 20,194 , 20,714. DOWNWARD TARGET : 19,187 , 18,688.
OANDA:NAS100USDShort
by ArinaKarayi
GBPUSD / UNDER BEARISH PRESSURE - 4H GBPUSD / 4H TIME FRAME HELLO TRADERS The price movement reflects both technical and fundamental factors. The 3.58% decline in July can be attributed to global economic uncertainties, such as inflation fears or weakening consumer demand. This decline likely hit key support levels, prompting traders to adopt a more cautious stance. However, the 4.71% recovery in August suggests a reversal in market sentiment. This could be driven by improving macroeconomic indicators, such as better-than-expected GDP growth or reduced inflation, which restored confidence. Additionally, this rally may reflect a technical bounce off support levels, with short-term traders capitalizing on oversold conditions. The critical resistance level of 1.326 now acts as a psychological barrier. A failure to breach this level could confirm a bearish outlook, suggesting a downtrend continuation to the next support zones at 1.309 and 1.304. Market sentiment, geopolitical risks, or adverse economic data may further pressure prices. On the flip side, a decisive break above 1.326 would likely attract bullish momentum, setting the stage for higher targets at 1.329 and 1.335. In this scenario, buyers would anticipate further gains, with potential drivers such as positive earnings reports or an easing of economic uncertainties bolstering confidence. A sustained move above these levels could even signal a broader market rally. UPWARD TARGET : 1.329 , 1.335. DOWNWARD TARGET : 1.309 , 1.304
Short
by ArinaKarayi
Sell EURUSD Channel Breakout (FOMC) The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.1117, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.1076 2nd Support – 1.1051 Stop-Loss: To manage risk, place a stop-loss order above 1.1152. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
2
US30 / UNDER FOMC PRESSURE - 4HUS30 / 4H TIME FRAME HELLO TRADERS In August, the prices saw a price decline of 6.91%, reflecting a period of downturn. However, in September, there was a notable recovery, with prices rising to an all-time high (ATH) of 41,852. This peak represents the highest level achieved thus far in the prices history. Currently, prices are trading below this ATH, which suggests that the market is still testing its limits. If the current price trajectory remains below the ATH of 41,852, further declines could be anticipated. Support levels to watch for potential price corrections are at 41,340 and 40,853. These levels might serve as points where the price could stabilize or experience a rebound. On the other hand, if the prices manages to close above the ATH on a 4-hour candle, it could indicate a shift towards a bullish trend. This would suggest that the market sentiment has turned positive and could lead to further gains. In this scenario, the price might approach new resistance levels, with potential targets at 42,282 and 42,703. These levels represent possible areas where the price might encounter selling pressure or where further gains could be capped. Overall, the price dynamics are influenced by how it performs relative to the ATH, with potential implications for both downward corrections and upward advances depending on market behavior. UPWARD TARGET : 42,282 , 42,703. DOWNWARD TARGET : 41,852 , 40,853.
EIGHTCAP:US30Short
by ArinaKarayi
“Nasdaq's Target is 19,500”Today, there is an expectation of a 25 basis point rate cut in the Fed meeting. By the end of the year, a total rate cut of 100 basis points is almost certain. This situation leads to a positive risk appetite being effective on the indices. On the U.S. side, retail sales increased by 0.1%. Meanwhile, industrial production in the U.S. pointed to a positivity exceeding expectations with a 0.8% rise. Technically, if the resistance level at 19,500 is permanently surpassed, the rise could gain momentum towards the 19,700 and then 19,950 resistance levels. On the downside, if the index falls below the 19,100 level, a pullback towards the support levels at 18,800 and then 18,450 might be seen.
NASDAQ:NDX
by primequotes
Brent oil trend moving down or up?Amid supply concerns in the markets, oil prices, which had dropped to the $69.30 level, saw a notable rebound. The American Petroleum Institute reported a 1.9 million barrel increase in weekly crude oil inventories, while a slight decrease is expected in the official crude oil inventories to be announced in the U.S. today. In the U.S., strong expectations remain that the Fed will cut interest rates by 25 basis points today. Therefore, despite the positive risk appetite, Brent oil prices have continued to trade with a bearish trend below the $73.00 level. Technically, if the 72.35 support level is broken, further declines toward 71.50 and 69.30 are possible. On the upside, if the 73.0 resistance is surpassed, buying momentum could accelerate toward the 74.30 and 75.50 resistance levels.
TVC:UKOIL
by primequotes
USOIL / UNDER BULLISH PRESSURE - 4HUSOIL / 4H TIME FRAME overall trading above 67.59 , expected under upward pressure . Currently, prices are holding above the crucial support level of 67.59. As long as they maintain this position, an upward move towards the next resistance levels of 69.98 and 71.59 is likely. The 71.59 level is particularly important, as breaking through it would serve as confirmation of a sustained uptrend, potentially driving prices higher to test the 74.24 resistance zone. However, if prices fail to hold above the 67.59 support level, it would indicate a shift in momentum, initiating a bearish phase. In such a case, the first target on the downside would be 65.35, with further declines possibly extending to the 63.67 region. This level would serve as a critical area for buyers to step in, and if breached, could signal a deeper correction. UPWARD TARGET : 69.98 , 71.59 , 74.24. DOWNWARD TARGET : 65.35 , 63.67.
TVC:USOILLong
by ArinaKarayi
Sell GBPCHF UK CPIThe GBP/CHF pair on the M30 timeframe presents a potential selling opportunity. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.1136, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.1080 2nd Support – 1.1040 Stop-Loss: To manage risk, place a stop-loss order above 1.1190. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
1
A+ Trade Set ups All From Respecting Simple Levels! We identify high-quality trade opportunities by focusing on key support and resistance levels. By respecting these fundamental price points, traders can enhance their decision-making process. Support levels act as a floor where buying interest tends to emerge, while resistance levels serve as a ceiling where selling pressure usually mounts. Recognizing and adhering to these simple levels helps traders pinpoint entry and exit points more effectively, increasing the probability of successful trades and improving overall trading performance. AMEX:SPY
AMEX:SPYEducation
by ThePrintingRoom
4
BITCOIN / UNDER TURNING LEVEL AT 60,895 - 4HBITCOIN / 4H TIME FRAME HELLO TRADERS overall trading below 60,895 , it indicates prices of bitcoin under downward pressure. Currently, prices are rising, approaching a critical turning point at 60,895. As long as trading remains below this level and stabilizes underneath it, a decline is expected, potentially reaching the support level at 57,827, and further down to 55,916. However, by breaking through this level and closing a 4-hour candle above it, prices could rise toward 63,611. To confirm an uptrend, prices need to remain above this level, which would suggest a continuation toward 66,527. UPWARD TARGET : 633,611 , 66,525. DOWNWARD TARGET : 57,827 , 55,916.
Short
by ArinaKarayi
Sell EURCHF Triangle BreakoutThe EUR/CHF pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9395 Target Levels: 1st Support – 0.9353 2nd Support – 0.9324 Stop-Loss: To manage risk, place a stop-loss order above 0.9412. This helps limit potential losses if the price falls back unexpectedly. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
5
gold 2590 vs 50bps cutgold price were range bound in $60 price area but suddenly it breakout on wsj and ft news article on 50bps first cut size possibility. after years of ZIRP and QE big size cut can spark second inflation wave risk since usa economy has not reached into deflation like china this year alone fed has ignored second inflation wave risk two times first in march by saying January effect and inflation bump and second times in Jackson hole speech if fed start cutting rate while ignoring second inflation wave risk is the reason gold breakout the range and trading near $2590 on this h4 time frame - there are two support yellow line dynamic support $2530 static horizontal support if final message of speech stay dovish than gold will stay above $2590 if hawkish then price will retrace back to $2530
OANDA:XAUUSD
by Sangam-Agarwal
2
USDJPY - BREAKING STRAIGHT CHANNEL - 4HUSDJPY / 4H TIME FRAME HELLO TRADERS overall , under downward pressure , until trading below straight channel Currently, prices are trading below the straight trend channel, indicating downward pressure. As long as prices remain below this channel, a decline is expected, potentially reaching 138.810. If prices fall further, they may approach 137.306. Conversely, if prices break above the 142.232 level, it could signal a reversal in trend, leading to a rise. In this scenario, prices might reach 144.401 and, if the upward momentum continues, could potentially rise to 147.179. UPWARD TARGET : 144.401 , 147.179. DOWNWARD TARGET : 138.810 , 137.306.
Short
by ArinaKarayi
EURUSD - TRADING TO REACH RESISTANCE TRENDLINE - 4HEURUSD - 4H TIME FRAME HELLO TRADERS Tendency , trading under bullish pressure . Currently, prices are trading above the 1.102 level. As long as the price remains above this threshold and shows signs of stabilization, it is expected to rise further, potentially reaching 1.110 and then 1.113. Should the price surpass 1.113, there could be additional gains, with the possibility of reaching as high as 1.117. Conversely, if the price falls below 1.102, it may indicate a downward trend. In this scenario, a decline to 1.099 is likely, with the potential for a further drop to 1.094 if the bearish momentum continues. UPWARD TARGET :1.110 , 1.113 , 1.117. DOWNWARD TARGET : 1.099 , 1.094.
Long
by ArinaKarayi
XAUUSD / TRADING BELOW RESISRTANCE TRENDLINEXAUUSD / 4H TIME FRAME HELLO TRADERS overall trading under downward pressure , until trading ATH prices below 2,589$ . Prices remain under bearish pressure as long as they are trading below the all-time high (ATH) of $2,589. Sustained trading beneath this critical resistance level indicates a continued downward trend, with an expected decline first targeting $2,570. If the price breaks below this level, the next support could be found at $2,551. However, should the price break above the $2,589 resistance level, confirmed by a 4-hour candle close above this threshold, a bullish reversal is likely. In this scenario, the price may rise to test $2,600 as the next resistance level. Further upside potential could push prices higher, possibly reaching $2,620 if buying momentum strengthens. UPWARD TARGET : 2,600$ , 2,620$. DOWNWARD TARGET : 2,570$ , 2,551$.
OANDA:XAUUSDShort
by ArinaKarayi