Trading
Is the ZIP DIP OVER? Is it a suitable time to Buy?Is the Base solid enough to drive the price to 3 OR will it require a manipulation below the base to test key support "2"?
THIS IS ONLY AN IDEA AND COULD BE RIGHT...
For the Fundamental lovers:
Also keep in mind:
Dow Jones Newswires:
"Zip Price Target Raised 5.9% to A$3.60/Share by Ord Minnett"
Xauusd weekly charts gold big fall soon opportunity (XAUUSD) Alternative (Bullish) Analysis
1. Support Strength at 2820
The chart suggests that price may drop to 2820, but this area has shown strong support historically
Instead of further breakdown, a strong bounce from this level could lead to a bullish reversal.
2. Potential False Breakdown
The resistance at 2864 is marked as a selling zone, but if price breaks above it, it could trigger stop-losses for short positions, fueling a rally.
If price consolidates above 2864, it could invalidate the bearish projection.
3. Trend Line Reversal
The chart shows a downtrend, but if price breaks above the descending trend line, it would signal a trend reversal rather than continuation.
A bullish breakout above 2864 could target 2900+ levels.
4. Economic Events Impact
The economic events marked (likely U.S. data releases) could trigger volatility.
If these reports are weaker than expected, gold could rally as investors seek safe-haven assets.
Conclusion
While the original chart suggests a bearish move, there's a strong case for a bullish reversal if the support at 2820 holds and price breaches the 2864 resistance. Instead of shorting aggressively, traders should watch for confirmation signals before committing to a bearish or bullish bias
Weekly $SPY / $SPX Scenarios for March 3 – March 7, 2025🔮 Weekly AMEX:SPY / SP:SPX Scenarios for March 3 – March 7, 2025 🔮
🌍 Market-Moving News 🌍:
🇺🇸📊 Anticipated U.S. Jobs Report 📊: The Bureau of Labor Statistics will release the February employment report on Friday, March 7. Economists expect an increase of approximately 133,000 nonfarm payrolls, with the unemployment rate holding steady at 4%.
🇪🇺💶 ECB Interest Rate Decision 💶: The European Central Bank is scheduled to announce its monetary policy decision on Thursday, March 6. Markets anticipate a 0.25% rate cut, which would adjust the deposit facility rate to 2.5%.
🇨🇳📈 China's Economic Targets 📈: During the National People's Congress, China is expected to set its economic growth target at around 5% for the year. The government may introduce measures to boost consumption and support growth amid global economic uncertainties.
📊 Key Data Releases 📊:
📅 Monday, March 3:
🏭 ISM Manufacturing PMI (10:00 AM ET) 🏭: This index measures the health of the U.S. manufacturing sector. A reading above 50 indicates expansion, while below 50 signifies contraction.
📅 Wednesday, March 5:
🏢 ISM Services PMI (10:00 AM ET) 🏢: This index assesses the performance of the U.S. services sector, with readings above 50 indicating expansion.
Trading Economics
📅 Thursday, March 6:
📉 Initial Jobless Claims (8:30 AM ET) 📉: Weekly data indicating the number of individuals filing for unemployment benefits for the first time.
📦 Factory Orders (10:00 AM ET) 📦: This report details the dollar level of new orders for both durable and non-durable goods, providing insight into manufacturing demand.
📅 Friday, March 7:
👷♂️ Nonfarm Payrolls (8:30 AM ET) 👷♂️: A key indicator of employment trends, reflecting the number of jobs added or lost in the economy, excluding the farming sector.
📈 Unemployment Rate (8:30 AM ET) 📈: The percentage of the total workforce that is unemployed and actively seeking employment during the previous month.
💵 Average Hourly Earnings (8:30 AM ET) 💵: This metric indicates the month-over-month change in wages, providing insight into consumer income trends.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
NATGAS POTENTIAL LONG|
✅NATGAS is about to retest a key structure level of 3.70$
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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ETHUSD Will Go Higher From Support! Buy!
Take a look at our analysis for ETHUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 2,224.8.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2,506.1 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
ETHUSD WEEKLY CHARTS (ETHUSD)Alternative (Bullish) Analysis
1. Potential Breakout Above 2835 Resistance
The current analysis assumes Ethereum will reject from the 2835 resistance and drop back to 2146.
However, given the strong upward momentum (+13.46%), ETH could break above 2835 instead of reversing.
A daily close above 2835 could trigger a rally toward 3000+.
2. Support Holding at Higher Levels
Instead of expecting a drop to 2146, ETH may form a higher low around 2400 – 2500, which would confirm bullish continuation.
If it retests 2500 and holds, it could bounce back up toward the resistance and push higher.
3. Volume & Momentum Confirmation
The sharp breakout suggests strong buying pressure.
If volume remains high, ETH could invalidate the resistance level and start a new uptrend.
4. Market Sentiment & Macro Factors
If Bitcoin remains bullish, Ethereum will likely follow suit, pushing above resistance levels.
The broader crypto market’s strength could support a continuation rather than a rejection.
Conclusion
Instead of expecting a double-top rejection at 2835, traders should watch for a potential breakout. If ETH stabilizes above 2500, it could lead to a move toward 3000, rather than a drop to 2146
GBPUSD Week 10 Swing Zone/LevelsWeek by week pinched pips keeps increasing.
As highlighted last week, Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc).
Using the 5min candle for entry keeps the SL small btw 10-15 pips and TP ideally to the next level. Some swing levels are only marked after price interacts pre-calculated levels.
Two possible road maps for the week, a or b?
As always price action determines trades.
SPY Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for SPY below:
The price is coiling around a solid key level - 594.00
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 602.54
Safe Stop Loss - 590.04
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USDJPY Massive Short! SELL!
My dear subscribers,
My technical analysis for USDJPY is below:
The price is coiling around a solid key level - 150.60
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 149.93
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
Gold Price Analysis February 28⭐️Fundamental Analysis
This week, the US Dollar (USD) continued to recover on expectations that the Federal Reserve (Fed) will keep its monetary policy tight as inflation remains high. This caused money to flow out of gold - a non-yielding asset.
In addition, gold prices fell as investors adjusted their positions ahead of the US release of important inflation data, a factor that could affect the Fed's interest rate decision and the short-term direction of gold. However, concerns about former US President Donald Trump's tariff policy and risk-off sentiment could help gold hold its price. In addition, falling US Treasury yields also contributed to limiting gold's decline
⭐️Technical Analysis
After closing yesterday's candle, gold confirmed a clear downtrend. The SELL zone that is being watched by investors today is around 2889. Any price increase today is considered a great opportunity to sell. 2840 is considered as the support zone today. The wider price range is being watched when there are signs of Break out from the narrow range at 2920 and 2806. Currently, gold needs to break through 2870 to reach the upper range and if it fails to break 2870, we can set SELL signals at 2840 today.
EUR/USD Daily Chart Analysis For Week of Feb 28, 2025Technical Analysis and Outlook:
In the initial rally attempt in this week's trading session, The Euro failed to reach our target of Inner Currency Rally 1.060 due to prevailing bearish sentiment. As a result, the market established a Mean Resistance target of 1.041. The current trend suggests a continuation of the downward price movement toward our designated target of Mean Support at 1.030, and there may be a retest of the Completed Outer Currency Dip at 1.020 via Key Support at 1.024. Conversely, if the anticipated downward trend does not materialize, we may witness the Eurodollar retesting the Mean Resistance level of 1.041 and subsequently target the Inner Currency Rally level of 1.060.
NATGAS What Next? BUY!
My dear friends,
My technical analysis for NATGAS is below:
The market is trading on 3.819 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 4.073
Recommended Stop Loss - 3.667
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBPJPY A Fall Expected! SELL!
My dear friends,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 189.95 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 189.26
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
AUDNZD Technical Analysis! SELL!
My dear followers,
I analysed this chart on AUDNZD and concluded the following:
The market is trading on 1.1089 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.1072
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
S&P 500 Daily Chart Analysis For Week of Feb 28, 2025Technical Analysis and Outlook:
In the recent weekly trading session, the S&P 500 did not succeed in retesting the Mean Resistance level of 6082. Instead, the index experienced a notable decline, reaching the Mean Support level of 5939 and narrowly approaching the Key Support level of 5827.
Following this downturn, a significant rebound occurred, resulting in the establishment of a new Mean Support level at 5860. The index is now positioned to target the Mean Resistance level of 5967. Should the index initiate an upward movement from its current level and successfully surpass the critical Mean Resistance of 5967, it may continue to rise toward the Mean Resistance level of 6032, potentially reaching the Key Resistance level of 6143.
Conversely, if the index declines from its present position, it may create a retest pullback to revisit the Mean Support level of 5860 before resuming further upward momentum.