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Technical Analysis

ECB’s De Guindos Sees Balanced Inflation RisksEuropean Central Bank Vice President Luis de Guindos said Monday that the EUR/USD at 1.15 does not hinder the ECB’s inflation goal, noting the euro’s gradual rise and stable volatility. He stated inflation risks are balanced, with little chance of falling short of the target, and that markets have clearly understood the ECB’s recent policy signals. De Guindos reaffirmed the ECB is close to its inflation objective Looking ahead, he warned that tariffs could slow growth and inflation in the medium term but expressed confidence in the Fed maintaining swap line arrangements. He also confirmed there have been no discussions about repatriating gold reserves from New York. At the time, EUR/USD was down 0.09%, trading near 1.1537. Resistance is located at 1.1580, while support is seen at 1.1460.
by ChartMage
Stronger Dollar Pressures Yen on Geopolitical RisksThe Japanese yen fell past 144.2 per dollar on Monday, marking a second day of losses, as the U.S. dollar strengthened on increased safe-haven demand. This followed renewed conflict between Israel and Iran, with both sides targeting energy facilities and pushing oil prices higher. The rise in energy costs may reduce the chances of a near-term Fed rate cut as inflation and trade risks persist. Meanwhile, focus turns to the Bank of Japan’s upcoming policy meeting, where it is expected to keep rates unchanged while assessing the inflation impact of rising oil prices amid global uncertainty. Resistance is at 145.30, while support stands near 142.50.
by ChartMage
AUDCAD: The Real Move Happens After the TrapNot every trade needs to be flashy. This one was clean. Simple. Intentional. And it came after most traders got taken out. What I Saw : Price swept PDL: textbook sell-side liquidity. But instead of jumping in too early, I waited. Why? Because I’ve learned something: 👉 The first reaction is often just noise. 👉 The second one, the one that fills into structure. That’s where clarity lives. My Entry Logic: After the sweep, price broke minor structure. That was my Change of Character. I will just have to wait for price to pull into the FVG below 50% fibs retracement. Stop below the low. Target at the PDH. Nothing fancy. Just discipline . Psychology Check: I’ve taken this setup before and watched it run without me. Why? Because I used to hesitate. I wanted more confirmation… or feared being wrong. But here’s the truth: Your edge is only real if you’re willing to take the shot when it appears . This wasn’t a guess. It was system + structure + emotional control.
Long
by Crusade1Jay
3
Weekly $SPY / $SPX Scenarios for June 16–20, 2025 🔮 Weekly AMEX:SPY / SP:SPX Scenarios for June 16–20, 2025 🔮 🌍 Market-Moving News 🌍 🏦 Fed Holds Rates, Powell Expresses Caution The Federal Reserve is widely expected to keep rates at 4.25–4.50%, though Chair Powell likely won’t provide fresh guidance. Markets see limited upside without stronger inflation or growth cues 💱 Dollar Strengthens on Geopolitical Risk The U.S. dollar rose slightly as investors flocked to safe assets amid global tensions with Iran. Treasury yields eased slightly on risk-off flows 🛢️ Oil Near Multi-Week Highs on Mideast & OPEC Dynamics Oil held near seven-week highs (~$67–70/barrel), buoyed by Iran-Israel tensions and OPEC+ output hikes (411K bpd added from May–July), offset by demand concerns . ⚠️ G7 Summit Faces Heightened Stakes G7 finance ministers meet in Canada under pressure from Middle East escalation. Watch for policy coordination and commentary on trade, inflation, and global economic risks . 📊 Key Data Releases & Events 📊 📅 Monday, June 16 Regular markets open after Juneteenth holiday Quiet day; oil & geopolitical headlines dominate 📅 Tuesday, June 17 8:30 AM ET – Retail Sales (May): Signals consumer spending strength/duration 8:30 AM ET – CPI (May): Confirms inflation trend post-CPI cooler reading 10:00 AM ET – Housing Starts & Building Permits (May): Gauges housing market demand Unexpected Tesla Robotaxi Demo (Austin): Watch for surprise developments this week 📅 Wednesday, June 18 Global Central Bank Day: FOMC, BoE, BoJ policy updates; U.S. Fed will most likely hold steady 📅 Thursday, June 19 – Juneteenth Holiday – U.S. markets closed 📅 Friday, June 20 8:30 AM ET – Existing Home Sales (May): Measures U.S. housing activity 10:00 AM ET – Leading Economic Indicators (May): Early snapshot of economic momentum ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYShort
by TrendTao
#NIFTY Intraday Support and Resistance Levels - 16/06/2025Today, a slightly gap-up opening is expected in Nifty near the 24,735 level. If Nifty sustains above the 24,750–24,800 zone after the opening, it may lead to a continuation of the upside move toward 24,850, 24,900, and potentially 24,950+ during the day. This zone can attract intraday buying interest, especially if supported by volume and momentum. However, any rally approaching the 24,950 level should be watched cautiously, as it may act as a reversal zone, triggering profit booking or intraday resistance. On the other hand, if Nifty fails to hold 24,700 levels and starts drifting lower, fresh selling pressure could emerge, pushing the index toward 24,650, 24,600, and even 24,550 during the session.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(16/06/2025)Today, a slightly gap-up opening is expected in Bank Nifty near the 55,550–55,600 zone. If Bank Nifty sustains above this zone, it may attempt an upside move toward 55,750, 55,850, and potentially 55,950+ levels during the session. If Bank Nifty starts trading above 56,050, a further bullish rally can be seen, taking it higher toward the 56,250, 56,350, and 56,450+ zones. On the downside, if Bank Nifty slips below the 55,450–55,400 zone, it may face further selling pressure, leading to a possible move toward 55,250, 55,150, and 55,050 levels.
NSE:BANKNIFTY
by TradZoo
Forex Weekly Portfolio Selection – Top Trade SetupsWeekly Forex Portfolio Selection – H1 Chart Analysis Using the Weekly & Daily Currency Strength Index, we’ve identified the strongest and weakest currencies to build a focused trading portfolio for the week. 📊 Currency Strength Ranking (1 = Weakest, 8 = Strongest): EUR: 8 CHF: 7 CAD: 6 GBP: 5 AUD: 4 NZD: 3 USD: 2 JPY: 1 ➡️ The Euro (EUR) is currently the strongest, while the Japanese Yen (JPY) is the weakest. 🔍 Analysed Pairs (H1 Timeframe): EURJPY EURUSD CADJPY GBPUSD This selection focuses on high-probability setups aligned with trend and strength analysis.
by Charts247TradingAcademy
XAUUSD H4 Outlook — 16 June 2025👋 Hello team, here’s where we stand before the upcoming key week: 🔎 The Narrative Gold remains in bullish control after weeks of controlled expansion. The clean breakout above previous major highs triggered liquidity resets that cleared significant weak-handed positions. Last week’s sweep into 3447 activated premium liquidity, trapping late buyers at the edge of impulsive highs. But the game is far from over — smart money continues to rotate liquidity at these extreme levels, using premium expansion to build further trap pockets both above and below. Behind this technical expansion, macro tensions continue to fuel underlying gold demand. Geopolitical uncertainties remain elevated with the Middle East escalation risk growing, while recent Fed positioning keeps rate path expectations flexible. The upcoming FOMC decision later this week will likely act as the true liquidity catalyst — until then, gold remains positioned for further inducement cycles as both buyers and sellers continue to get baited into traps. 🔼 Premium Supply Zones Price Zone Description 3447 – 3470 Weak high sweep — premium liquidity trap fully active 3500 – 3525 Main extension liquidity pocket — Fibonacci cluster (1.272 & 1.414 extensions) 3550 – 3570 Exhaustion inducement — full 1.618 premium extension stack 🔽 Demand Defense Zones Price Zone Description 3415 – 3395 Minor imbalance recalibration — short-term liquidity refill zone 3365 – 3345 Core breakout OB + FVG overlap — main recalibration zone if pullbacks extend 3285 – 3265 HTF bullish structure base — BOS origin + deep recalibration defense level 🎯 Where We Stand Right Now ✅ Smart money holds full control inside premium expansion. ✅ Inducement layers remain open both above and below current price. ✅ We expect short-term liquidity sweeps before any major expansion unfolds. ✅ No change in bias — bullish structure remains valid while 3285 holds. 🔐 The Mindset 👉 This is not the place for aggressive chasing. 👉 Liquidity will continue to hunt both sides into key events ahead. 👉 Our job is not to predict, but to position with discipline once liquidity confirms displacement inside the calibrated zones. 🚀 If this breakdown helps you stay locked: 💬 Drop a 🚀, leave your thoughts & follow for full sniper-level updates as we approach a volatile week ahead. Stay sharp — the trap is already in play. — GoldFxMinds
TRADENATION:XAUUSD
by GoldFxMinds
GBPUSD: Your Trading Plan For Next Week 🇬🇧🇺🇸 GBPUSD formed an ascending triangle pattern on a daily time frame. Your next signal to buy will be a bullish violation of its neckline. To confirm a breakout, we will need a daily candle close above 1.362. A bullish continuation will be expected to 1.37 level then. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
1
Gold: silence on the charts—because the real money already movedThe gold market isn't reacting — it's confirming. The Israeli strikes on Iran? That’s the trigger. But the move started earlier. Price was already coiled, already positioned. All the market needed was a headline. And it got it. Price broke out of the accumulation channel and cleared $3,400 — a key structural level that’s acted as a battleground in past rotations. The move from $3,314 was no fluke — it was a textbook build: sweep the lows, reclaim structure, flip the highs. Volume spiked exactly where it needed to — this wasn’t emotional buying. This was smart money pulling the pin. Technicals are loaded: — Holding above $3,396–3,398 (0.618 Fibo + demand re-entry zone) — All major EMAs (including MA200) are now below price — RSI strong, no sign of exhaustion — Candles? Clean control bars — breakout, retest, drive — Volume profile above price = air pocket — resistance is thin to nonexistent up to $3,450+ Targets: — $3,447 — prior high — $3,484 — 1.272 extension — $3,530 — full 1.618 expansion — key upside target Fundamentals: Middle East is boiling. Iran is ready to retaliate. Israel is already escalating. In moments like these, gold isn't just a commodity — it's capital preservation. The dollar is rising — and gold still rallies. That means this isn’t about inflation, or rates. It’s about risk-off. Pure, institutional-level flight to safety. Tactical view: The breakout is done. Holding above $3,396 confirms the thesis. Pullbacks to that zone? Reloading points. While gold remains in the channel and momentum is clean, the only side that matters right now — is long. When price moves before the news — that’s not reaction. That’s preparation. Stay sharp.
TVC:GOLDLong
by TotoshkaTrades
Bearish Bias Holds as Oil Rises & Rate Differentials NarrowUSDCAD – Bearish Bias Holds as Oil Rises & Rate Differentials Narrow 🌍 Macro & Fundamental Outlook The Canadian Dollar (CAD) continues to gain ground this week, supported by two key drivers: Crude oil prices surged due to Middle East tensions and renewed demand optimism — boosting CAD as a commodity-linked currency. US-Canada yield spreads narrowed, following revised expectations that the Bank of Canada (BoC) may keep rates higher for longer, while the Fed is seen pausing. Short-term event risks to watch: 🇨🇦 Canadian Manufacturing Sales data today at 13:30 GMT 🇨🇦 G7 Summit in Alberta from June 15–17, which may influence oil and energy policy sentiment Our latest fair value estimate for USDCAD has shifted lower to 1.3613, reflecting tighter rate spreads and stronger oil. Technical structure remains tilted to the downside. 📉 Technical Outlook – M30 Chart 🔹 Structure: Price remains in a short-term downtrend, with a well-defined descending trendline capping upside attempts. The pair recently tested the EMA 89–200 zone and failed, suggesting continued bearish pressure. 🔹 Key Zones: Dynamic Resistance: 1.3638 – 1.3660 (trendline + EMA cluster) Support Area: 1.3592 → 1.3578 A break below 1.3578 could expose deeper downside toward 1.3420 (September lows) 🔹 Momentum Indicators: RSI has bounced from oversold (30) but remains in bearish territory. The current rebound looks corrective — potentially a dead cat bounce. 🧠 Market Sentiment Flows favour commodity-backed currencies like CAD, especially with energy prices rising. USD has weakened slightly as the Fed is expected to hold rates steady next week. Sentiment is leaning toward "sell the rallies" on USDCAD for now. 🎯 Trade Setup Scenarios 🔻 SELL SCENARIO – If price retests and rejects 1.3638 – 1.3660 Entry: 1.3640 – 1.3655 Stop-Loss: 1.3685 Targets: 1.3592 → 1.3578 → 1.3510 🔺 BUY SCENARIO – If strong bullish reaction occurs at 1.3592 – 1.3578 Entry: 1.3580 Stop-Loss: 1.3545 Targets: 1.3620 → 1.3640 ⚠️ Focus on trend continuation. Only consider buys if clear rejection or bullish confirmation appears at support. ✅ Conclusion The current trend in USDCAD favours sellers, with fundamental momentum supporting CAD via higher oil and narrowing yield differentials. Key resistance at 1.3638–1.3660 remains the pivot zone to monitor. With Canadian data and the G7 Summit ahead, volatility could increase.
Short
by MMFlowTrading
Dollar Momentum Fades | Can 143.07 Hold as Support?USDJPY – Dollar Momentum Fades | Can 143.07 Hold as Support? 🌍 Fundamental & Macro Outlook USDJPY has faced strong downside pressure recently as risk-off sentiment boosts demand for the Japanese Yen, following escalating tensions between Israel and Iran. The US Dollar Index (DXY) rallied on geopolitical concerns but is struggling to sustain momentum near the 98.30 resistance zone. Despite the Bank of Japan's ultra-loose monetary policy, JPY is acting as a safe haven in current global risk conditions. Traders are awaiting next week’s monetary policy decisions from both the Federal Reserve and the Bank of Japan. Both central banks are expected to keep rates unchanged, but forward guidance could spark major volatility. According to UOB Group, the dollar's recovery potential is weakening, and further downside toward 142.20 is possible, unless price reclaims the 144.60–144.95 resistance zone. 📉 Technical Analysis – H1 Chart 🔸 Trend Structure USDJPY remains in a mild downtrend, but price has bounced from the 143.074 key support zone. A recovery towards 144.624 is in play, but that zone must be cleared for bullish continuation. 🔸 EMA Outlook Price is currently testing the EMA 89 and 200 — a rejection from this area could trigger another move down. EMA 13 & 34 are now acting as short-term dynamic support. 🔸 Key Price Zones Resistance: 144.60 – 145.26 Support: 143.07 – 142.20 🧠 Market Sentiment Risk aversion continues to dominate as geopolitical headlines drive sentiment. The Yen is benefitting from capital protection flows despite Japan’s dovish stance. Large funds may be starting to hedge by rotating into JPY from elevated USD levels. 🎯 Trading Scenarios for June 13 📌 Scenario 1 – Short Setup (Rejection at Resistance) Entry: 144.60 – 144.90 Stop-Loss: 145.30 Take-Profit: 143.60 → 143.07 → 142.50 📌 Scenario 2 – Long Setup (Rebound from Support) Entry: 143.10 – 143.20 Stop-Loss: 142.70 Take-Profit: 144.00 → 144.60 ✅ Wait for confirmation at key levels — avoid trading in the middle of the range when volatility is headline-driven. ✅ Conclusion USDJPY remains trapped between strong resistance at 145.26 and buying interest at 143.07. If risk sentiment persists, the Yen may continue to strengthen. However, central bank decisions next week (Fed & BoJ) will be the major catalysts for any medium-term breakout.
Short
by MMFlowTrading