USDJPY Will Go Higher From Support! Buy!
Take a look at our analysis for USDJPY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 143.192.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 144.216 level.
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Trading
Simple yet effective strategy for the American sessionHello everyone. Also a long-time trader who has just joined the tradingview platform. Hope you are interested and interact with me.
Gold is reacting in the candlestick area of the US session. The possibility of a bounce from this 3352 area is quite high.
And in the US session, if it breaks 3361, it can reach 3375. If this 3352 area is broken, the possibility of a corrective downtrend will continue and we will wait for a sell break of 3352, the target can reach 3325.
USOIL BEARS ARE GAINING STRENGTH|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 63.56
Target Level: 56.12
Stop Loss: 68.51
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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PMI Divergence & ECB Rate Decision Looms:0.84 Key Level in PlayEURGBP 04/06 – PMI Divergence & ECB Rate Decision Looms: 0.84 Key Level in Play
EUR/GBP is hovering around the 0.8420 mark after mixed PMI releases from the Eurozone and Germany. Traders are cautiously awaiting the ECB’s interest rate decision this Thursday, while the Bank of England signals potential easing — but remains non-committal on timing.
🌍 MACRO OUTLOOK
Eurozone & German PMI:
Eurozone Composite PMI eased to 50.2, still above forecasts (49.5) but reflecting slowing momentum.
German Composite dropped to 48.5; Services fell further to 47.1 — signaling contraction risk in Europe’s largest economy.
ECB Dovish Expectations:
Core inflation fell to 1.9% YoY in May — below the 2% ECB target for the first time in eight months.
Markets are fully pricing in a 25bps rate cut this week.
BoE Shifts Cautiously Dovish:
Governor Andrew Bailey acknowledged that monetary easing is likely, but warned of "uncertainty ahead."
The MPC is split — some fear sticky inflation; others warn that rates staying too high too long may damage growth.
Market Sentiment:
EUR remains pressured by ECB dovish expectations.
GBP is also under pressure from weak UK macro indicators and global trade tensions.
📉 TECHNICAL OUTLOOK (H1 Chart)
Price is consolidating near the EMA200 (0.8409) — a crucial dynamic support.
A tight sideways range has formed; 0.8408 is a key horizontal level to watch for breakout/breakdown confirmation.
Break below 0.8408 could send price toward Fibo 1.618 at 0.8383 or psychological support at 0.8373.
If bulls defend 0.8408, we may see a bounce toward 0.8429 → 0.8449 resistance zone.
🔑 KEY TRADE ZONES
🟢 BUY ZONE: 0.8380 – 0.8373
SL: 0.8358
TP: 0.8400 → 0.8415 → 0.8429 → 0.8435
🔴 SELL ZONE: 0.8448 – 0.8450
SL: 0.8460
TP: 0.8435 → 0.8420 → 0.8408 → 0.8388
⚠️ TRADE STRATEGY
Watch the 0.8408 area closely. If price holds → short-term BUY scalp opportunities.
If it breaks strongly → consider SELL toward lower Fibo/structure levels at 0.838x.
Be cautious around ECB release — avoid trading during the spike. Wait for structure confirmation post-news.
📌 CONCLUSION
"EUR/GBP is entering a critical zone near 0.8400. With ECB and BoE both leaning dovish, expect increased volatility. Hold or break at this key level will likely define the next directional leg. Stay patient and let the market show its hand."
AUD/USD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Previous week’s green candle means that for us the AUD/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.643.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NZD/USD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
NZD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.587 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/USD pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURUSD: Pullback From Support Confirmed 🇪🇺🇺🇸
Update for our yesterday's setup on EURUSD.
It feels like the pair has successfully completed a retracement,
respecting an intraday horizontal support.
A double bottom formation on that and a formation of a bullish
imbalance candle provide a strong bullish confirmation.
I think the pair may rise at least to 1.144 support soon.
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Gold Awaits Breakout: Will the 3345–3370 Range Explode? XAUUSD 04/06 – Gold Awaits Breakout: Will the 3345–3370 Range Explode?
Gold is currently consolidating within a critical range between 3345–3370, following a wave 4 correction. After a sharp retracement to the 335x area, traders are closely watching for the next move — either a continuation of the correction or a breakout toward new highs.
🌍 MACRO CONTEXT
Trump–Xi Call Incoming: A high-level diplomatic call is expected in the coming days. Market participants are anticipating potential shifts in global trade sentiment.
US 10-Year Yields remain elevated, keeping pressure on gold in the short term. However, geopolitical risks and macro uncertainty still support demand for safe-haven assets.
The US Dollar Index (DXY) is showing signs of weakness after recent strength, which may give gold room for recovery.
📉 TECHNICAL ANALYSIS – H1 / H4 Timeframe
Gold is in a wave 4 structure within a 5-wave Elliott pattern. A break above 3370 could signal the beginning of wave 5, targeting 3400.
A breakdown below 3345 would imply deeper correction toward the 332x liquidity zone, completing wave 4 before a bullish continuation.
EMAs 13 and 34 remain above EMA200 on H1, indicating the broader uptrend is still intact.
🔑 STRATEGIC PRICE LEVELS
🟢 BUY ZONE: 3317 – 3315
Stop Loss: 3310
Take Profit: 3322 → 3326 → 3330 → 3334 → 3338 → 3345 → 3350 → 3360
🔴 SELL ZONE: 3372 – 3374
Stop Loss: 3378
Take Profit: 3368 → 3364 → 3360 → 3356 → 3350 → 3345
⚠️ STRATEGY RECOMMENDATION
Respect the 3345–3370 range until a breakout is confirmed.
Avoid chasing trades in the middle of the range. Wait for strong rejections or clear breakout confirmations.
Be cautious with unexpected news from the Trump–Xi call, which may trigger sudden market volatility.
📌 FINAL THOUGHT
“Gold is at a turning point. Break above 3370 and we may see wave 5 unfold toward 3400. But a breakdown below 3345 could drag price lower before the next bullish leg begins. Focus on the key zones — volatility is just getting started.”
NZDUSD: Your Trading Plan For Today Explained 🇳🇿🇺🇸
NZDUSD is currently consolidating on a strong intraday/daily support.
To buy the pair with a confirmation, I suggest to focus on a double
bottom pattern on a 4H time frame.
Its neckline breakout and a 4H candle close above 0.6015
will provide a reliable bullish confirmation.
Goal will be 0.6035.
Alternatively, if the price sets a new lower low on a 4H,
this setup will become invalid.
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Technical Analysis – HBAR/USDT + TRADE PLANTechnical Analysis – HBAR/USDT (Daily Chart as of June 4, 2025)
Chart Pattern: Falling Wedge (Bullish)
The chart indicates a classic falling wedge pattern, often interpreted as a bullish reversal signal.
This pattern is marked by descending converging trendlines, suggesting declining volatility and potential breakout.
Breakout point is illustrated just above the wedge’s resistance line, with a bullish breakout expected.
Key Support & Resistance Levels
Immediate Support Zone: $0.1625 – $0.1723 (blue zone)
Primary Resistance Targets:
Short-term: $0.1849 (top of Bollinger Band)
Mid-term: $0.2070 – $0.2200
Long-term: $0.3400 (strong historical resistance)
Indicators Summary
Bollinger Bands: Price near the lower band, indicating potential upside volatility.
Volume Profile: Slightly increasing near wedge apex, often a precursor to a breakout.
VMC Cipher_B: Multiple green dots signal bullish divergence; momentum may be reversing upward.
RSI (14): Currently recovering from oversold territory (~39.5), suggesting bullish momentum building.
Money Flow Index (ArTy): Moving back into the green, indicating capital inflow and potential accumulation.
Stochastic RSI: Crossed upward from oversold zone (currently ~23), a common signal for trend reversal.
Trading Plan
Long Position Setup (Swing Trade)
Entry Zone:
$0.1650 – $0.1725 (upon retest of breakout from wedge or candle close above wedge resistance)
Stop-Loss:
$0.1580 (below wedge support and key structure low)
Take-Profit Targets:
TP1: $0.1850 (Bollinger Band and resistance zone)
TP2: $0.2070 (resistance from March 2025)
TP3: $0.2200 – $0.2400 (target zone for full wedge breakout)
TP4: $0.3400 (macro-level resistance, if rally continues)
Risk-to-Reward:
Minimum R:R of 1:2.5 to 1:5 depending on TP level.
⚠️ Risk Management & Strategy Notes
Wait for confirmation breakout candle with strong volume above wedge resistance before entering.
Scale in gradually between $0.1650–$0.1725 if confirmed.
Trail stop-loss after reaching TP1 to lock in profits.
Monitor Bitcoin price trend and overall market sentiment—HBAR tends to follow macro market structure.
The combination of the falling wedge, bullish divergence, and oversold momentum indicators supports a strong potential for bullish continuation. However, conservative confirmation is essential before committing capital.
Outlook: Bullish bias, pending confirmation breakout above the wedge resistance.
Technical Analysis – Velas (VLX/USD) + TRADE PLANTechnical Analysis – Velas (VLX/USD) + TRADE PLAN
Date of Analysis: June 4, 2025
Timeframe: 4-hour (H4)
Current Price: $0.0023541
Chart Pattern: Falling Wedge (Bullish Reversal Potential)
Pattern Description: The price is consolidating within a falling wedge formation — historically a bullish reversal pattern.
Breakout Potential: If price breaks upward through the wedge resistance, strong momentum could follow.
Support Zone: $0.0020 – $0.0022 (Weekly low zone, strong historical support)
Resistance Zones:
Immediate: $0.00339 – $0.00397
Secondary: $0.00444 – $0.00513
Major: $0.00707 (high target zone)
Indicators Overview
VMC Cipher_B (Momentum Oscillator):
Momentum is deep in the red, approaching oversold territory.
Green dots signal potential bullish divergence forming (trend exhaustion).
RSI (14):
Current: 13.30 → Oversold, significant bounce potential.
Last low this deep preceded a strong rally — suggesting a possible bottom.
Arty Money Flow Index (MFI):
Shows low volume inflows → not ideal, but can turn quickly on bullish reversal.
Stochastic RSI:
Crossing upwards from deep oversold (<15).
Bullish crossover forming → early sign of reversal.
Two Scenarios – Trading Plan
Scenario A: Bullish Breakout (Primary Scenario)
Entry: On confirmed breakout of falling wedge → above $0.0026 with volume
Targets:
TP1: $0.00339
TP2: $0.00444
TP3: $0.00513
TP4 (Moon Target): $0.00707
Stop Loss: $0.00215 (below wedge bottom)
Risk/Reward: 1:3 to 1:5 depending on TP level
Confidence: 4/5 (RSI + Wedge support)
Scenario B: Bearish Continuation (Fails to Break Out)
Trigger: Break below $0.00215 with volume
Action:
Short-term panic sell possible down to $0.0015 – $0.0012
Watch for capitulation wick and rapid V-recovery
Re-entry Opportunity: If oversold bounces with large green engulfing or V-bottom reversal
🧠 Strategic Notes:
Velas is at a make-or-break point. Fundamentally, adoption and development updates from the team (esp. Alex & Co.) will heavily influence investor confidence.
DYOR Reminder: This is a highly speculative coin in an oversold state. Best used for swing trades or speculative long-term entries with tight risk control.
AVGO Broadcom Options Ahead of EarningsIf you haven`t bought AVGO before the rally:
Now analyzing the options chain and the chart patterns of AVGO Broadcom prior to the earnings report this week,
I would consider purchasing the 250usd strike price Calls with
an expiration date of 2025-6-13,
for a premium of approximately $14.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Nightly $SPY / $SPX Scenarios for June 4, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for June 4, 2025 🔮
🌍 Market-Moving News 🌍
🌐 Markets Rally on Chinese PMI Surprise
China’s Caixin Manufacturing PMI unexpectedly climbed to 50.8 in May, signaling expansion in smaller export-focused factories. Asian markets jumped, lifting U.S. equity futures as investors recalibrated global growth expectations .
📉 U.S. Factory Orders Remain Soft
April’s U.S. Factory Orders fell 0.4%, underscoring persistent weakness in industrial demand amid elevated input costs and trade uncertainty. Declines in durable-goods orders weighed on industrial stocks .
🏦 Fed’s Bowman to Speak on Economic Outlook
Fed Governor Michelle Bowman is scheduled to deliver remarks at 2:00 PM ET, likely emphasizing caution on future rate moves given mixed data. Markets will watch for any shifts in tone regarding inflation risks and labor-market resilience .
🛢️ Oil Prices Slip on Rising U.S. Inventories
U.S. crude inventories rose by 3.8 million barrels last week, according to API data, pressuring oil prices lower and dragging energy shares down as supply concerns outweighed strong demand signals .
📊 Key Data Releases 📊
📅 Wednesday, June 4:
2:00 PM ET – Fed Governor Michelle Bowman Speaks
Remarks on economic outlook and monetary policy, watched for any hints on the Fed’s next moves.
⚠️ 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
EUR_GBP POTENTIAL LONG|
✅EUR_GBP will be retesting a support level soon at 0.8400
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR-USD Bullish Rebound! Buy!
Hello,Traders!
EUR-USD made a retest of
The falling support line
While trading in a local
Uptrend and we are already
Seeing a bullish reaction
So we are locally bullish
Biased and we will be
Expecting a further move up
Buy!
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