A Contrarian View On the US DollarI don't recall the last bullish headline I saw for the US dollar, bearish sentiment may be stretched, and I'm seeing plenty of clues across the US dollar index and all FX majors that we could at least be looking at a minor bounce. Whether it can turn into a larger short-covering rally is likely down to Trump's trade deals. Either way, I'm, on guard for an inflection point for the dollar.
Matt Simpson, Market Analyst at City Index and Forex.com
Trend Analysis
AUDJPY Begins Elliot Correction After Wave 5 Impulse EndsOANDA:AUDJPY seems to have started a Elliot Correction Wave after the Impulsive Elliot Wave came to a finish once Wave 5 ended this morning @ 93.774.
Now after an Impulsive Wave ends, its theory that a Correction comes next and with Price having Retraced to the Golden Ratio creating a Lower High, this is the beginning signs of that theory in the works!
The Sequence will be confirmed once Price Breaks below Point A @ 93.248 where then we should suspect Price to find itself back down into the 92 range where the Correction Wave should come to an end.
RSI is trading back below 50 confirming Price has room to move lower strengthening the Bearish Bias.
Hellena | SPX500 (4H): LONG resistance area of 6176.6.Colleagues, it appears that price has not yet completed the upward movement in a five-wave move.
At the moment I expect the continuation of wave “3” and reaching the target in the resistance area of 6176.6.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
EURUSD ahead of NFPYesterday, the ECB cut interest rates, and EURUSD climbed to 1,1495.
Today, the U.S. jobs data (NFP) will be released.
This news comes out on the first Friday of every month at 1:30 PM London time and tends to have a significant impact on the market.
It's advisable to reduce risk on open positions and avoid rushing into new trades before the news is released.
Watch how the price reacts around key levels and whether it has the strength to continue the trend.
USD/JPY H1 | Overlap Resistance at 78.6% Fibonacci RetracementUSD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 143.88 which is an overlap resistance that aligns close to the 78.6% Fibonacci retracement.
Stop loss is at 144.55 which is a level that sits above the 50.0% Fibonacci retracement and a multi-swing-high resistance.
Take profit is at 143.02 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
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TOP10 Altcoins Ready To Move, Strong Growth Potential —CommentWe already went through part 1, session 1, of the TOP10 altcoins that were yet to move and this time we are going to go deeper. We will go deeper and we will do it better. We are going to be looking at altcoins that are ready to move but it all depends on you.
Are you in?
If you are then leave a comment now!
That's all you need to do.
Bitcoin is ready and bullish and ready to grow.
Bitcoin is hyper-bullish, as bullish as it gets because our strongest support ever wasn't even tested in the recent retrace which was a weak retrace because it only lasted a few days.
The altcoins are super good right now with a higher low and ready to grow, but, with tens of thousands of options, which ones will you go for?
In the first wave trading pairs in the cryptocurrency market grew between 100 and 300%. Check. Perfect prediction, but things are about to get better.
The next wave instead of being capped at 300% can go much higher, the lower end will also be higher and pairs will grow some 200-500%. Some will grow more of course and others will grow less but this is the average.
I will look at the pairs from the TOP65 altcoins by marketcap, and do some bonuses as well. Are you interested?
»»» If you are interested, leave a comment with "Share the TOP10 Altcoins READY Move" and if there is enough interactions I will do this post for you.
So, which one is your favorite altcoin right now, the one that you think is ready to grow?
I'll see you in the comments section...
Thanks a lot for your continued support.
The altcoins market is starting to heat up.
Namaste.
AUD/USD BuyBuy (Bullish breakout continuation)
✅ Entry Conditions (Wait for confirmation first):
Daily candle must close above 0.6550 with strength (not a wick rejection).
After breakout, wait for a retest back into the 0.6500–0.6520 zone.
Only enter if price shows bullish rejection off that zone (e.g., wick rejections, bullish engulfing, or small-bodied doji followed by green candle).
📍 Trade Setup
Buy Limit– 0.6520
Stop Loss (SL): 0.6440 (below the retest structure)
Take Profit 1 (TP1): 0.6700
Take Profit 2 (TP2): 0.6850
(Optional TP3): 0.7000 (stretch target)
Tata Motors at Key Turning Point! Massive Upside Potential After🚗 Tata Motors – Breakout Setup from Monthly POI | Long-Term Opportunity Ahead!
🧭 Technical Context & Setup:
Tata Motors is shaping up as a high-probability breakout candidate after a ~55% correction from its all-time high of ₹1,168 to a recent low of ₹531.
✅ Monthly POI tapped: Strong bounce seen
✅ Liquidity Swept: Price swept the recent low zone and formed a hammer candle, a bullish reversal signal
✅ Change in State of Delivery (CISD) visible on weekly timeframe, showing fresh buying interest
📉 Price Structure Observations:
Last 4 weeks (20 trading sessions) = clear sideways consolidation
This kind of compression often precedes a strong directional move
📍 Key Reference Levels:
All-Time High (ATH): ₹1,168
Recent Low: ₹531
Consolidation Range: ₹695 – ₹736
🚦 Trade Entry Plans:
✅ Entry Type 1: Breakout Entry
🔓 Entry Trigger: Breakout and close above ₹736 on 1H or Daily candle
🎯 Short-Term Targets:
Target 1: ₹803
Target 2: ₹950
📌 Expect possible pause/consolidation near ₹950 zone
✅ Entry Type 2: Sweep & Reversal Entry
🔄 Wait for price to sweep below ₹680 and show a reversal candle (engulfing, hammer, or bullish structure on 1H/4H)
Enter near ₹680–₹670 zone upon confirmation
🎯 Targets remain the same (₹803 / ₹950) with much better risk-reward
🛡️ Stop Loss Strategy:
🔻 Conservative SL: ₹620 (Recent lower time structural low)
🛠️ OR use trailing stop-loss as price moves upward — especially for long-term investors
🔮 Long-Term View:
Once this base breaks out, the next structural targets open up to previous swing highs.
🏁 Potential Long-Term Target: ₹1,168 (All-Time High retest)
💡 Price could consolidate near ₹950 before continuing its journey — patience is key for positional traders
🔎 Why This Trade Matters:
✅ Monthly POI reaction + liquidity grab
✅ Strong reversal signal (hammer)
✅ Tight consolidation = energy build-up
✅ Clear breakout structure = easy trade management
🧠 Quote to Remember:
“When price rests, it gains energy. When it moves, it releases that energy. Catch the move, not the noise.”
📢 Don’t Miss Out!
✅ Follow for more high-probability technical setups
👍 Like if you found this helpful
💬 Comment below your thoughts, let’s discuss this move together!
📊 See you in the next breakout 🚀
Gold Trade Plan 06/06/2025Dear Traders,
Today, the first ascending channel will likely be broken, and price may enter the lower channel. I've marked the potential buy zone on the chart. Once the upper channel breaks decisively, I expect the price to reach the midline of the lower channel, with possible reactions from both the midline and the bottom of the channel."
Regards,
Alireza!
USDJPY – Supply Zone Rejection Incoming?June 6, 2025 | Short-Term Bias: Bearish
USDJPY is currently trading around 144.16, testing a key supply zone between 144.25 – 144.45. This area has historically acted as a strong resistance, and we’re now seeing signs of exhaustion after a solid bullish run from the 142.90 demand zone.
🔍 Technical Highlights:
Price is inside a high-probability supply zone, with clear historical rejection at this level.
A strong bearish risk-reward setup is in play, with the target at 142.90 and a stop above 144.456.
The volume profile shows high activity around 144.00–144.25, hinting at possible consolidation or distribution.
Previous structure confirms this level has served as a seller’s stronghold.
📉 Bias:
Leaning bearish as long as price remains below 144.456.
A break and close above that level would invalidate this setup and shift the bias to bullish, targeting the 145.00+ area.
📌 Trade Idea (Not Financial Advice):
Entry: Current level (~144.16)
SL: Above 144.456
TP: 142.90
Let’s see if sellers step in again here, or if bulls are ready to break through. ⚔️
Drop your thoughts below! 👇
Gold Is Likely to Break Below 3300 SoonYesterday, gold rallied up to near 3400 before pulling back, just as we had anticipated. We've repeatedly emphasized that 3400 is a strong resistance level, and those who followed through with short positions likely saw impressive profits.
Today, after a sharp drop, gold has rebounded again and is fluctuating near resistance. Support lies at 3352, and if that breaks, the next downside target is around 3333, followed by a possible move to fill the gap between 3300–3289.
🔍 Trading Logic:
There's still significant selling pressure above 3300, with the gap remaining unfilled.
Once the gap is filled, bulls may regain confidence to push higher — though they still face dense resistance above.
📌 Clear Profit Opportunities:
✅ Short toward the 3289 gap fill
✅ After the gap is filled, consider buying into the bullish rebound
The setup is clear — the key now is timing your entries and managing your positions wisely.
XAUUSD NFP Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
“NFP Showdown: Will the Dollar Crumble or Come Back Swinging?”🔥 It’s Nonfarm Payrolls Friday – and this month’s report could be a game-changer for the markets. With the U.S. economy showing signs of fatigue, could this be the catalyst that finally breaks the dollar? Or will a surprise upside shock flip the script?
In this video, I break down the key drivers behind today’s NFP, how DXY, Gold, and Bitcoin are likely to react, and exactly how I’m positioning myself before and after the release.
Whether you’re trading the spike or waiting for the dust to settle, this is a market moment you can’t afford to miss.
📈 Trade smart. React fast. Let’s dive in.
XAUUSD (GOLD ) READY TO FALLS (MUST READ CAPT)Hello Traders Check Out My Analysis And Share Your Feedback About it..
According my Personal Analysis XAUUSD will Dropping . I have identified the key Points which Indicates a Strong support at 3405
KEY POINTS
CURRENT POINT : 3375
1 TARGET POINT : 3350
2 TARGET POINT: 3330
Support with Your Likes and Boost Comments
XAUUSD15M The chart you’ve shared is a 15-minute candlestick chart of Gold Spot (XAU/USD), which includes a technical analysis setup. Here's a breakdown of the key elements:
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Chart Annotations & Analysis
1. Support Zone (REGISTER ZOON):
Highlighted in gray at the bottom.
Indicates a demand area where price previously bounced.
Acts as a key support level for a potential reversal.
2. Trendline:
Upward sloping black line connecting higher lows.
Suggests a short-term uptrend forming from the support zone.
3. First Setup (1ST SETUP):
Marked in a yellow box above current price action.
Likely a resistance or supply zone; this is where traders may consider taking partial profits or expect pullback.
4. Target Point (TAGET POINT):
Marked in a green box around the 3,410.000 level.
Final bullish target area if the price breaks above the 1st setup zone.
5. Arrows and Candles:
Blue arrows show bullish reactions at trendline support.
Red and black arrows suggest two target projections: a conservative one (1st setup) and an aggressive one (target point).
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Possible Trading Interpretation
Bullish Bias:
The chart suggests a bullish move is anticipated after a bounce from the trendline near the "REGISTER ZOON".
A break above the yellow resistance zone (1st setup) may trigger a move toward the green target zone.
Entry Suggestion:
Entry could be placed around current levels, with tight stop-loss just below the trendline.
Add positions or look for confirmation if price breaks above the 1st setup.
Typos:
"TAGET POINT" should be "TARGET POINT".
"REGISTER ZOON" should be "REGISTER ZONE".
"1ST SETUP" is correct in context.
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Let me know if you'd like help refining this analysis, translating it into a trading plan, or turning it into a watchlist note.
Bearish reversal off overlap resistance?USD/CAD is rising towards the resistance level which is an overlap resistance that lines up with the 23.6% and the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.3691
Why we like it:
There is an overlap resistance that lines up with the 23.6% and the 50% Fibonacci retracement.
Stop loss: 1.3738
Why we like it:
There is a pullback resistance level that is slightly below the 50% Fibonacci retracement.
Take profit: 1.3635
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish drop for the Fiber?The price is reacting off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 1.1452
Why we like it:
There is a pullback resistance level.
Stop loss: 1.1495
Why we like it:
There is a pullback resistance level.
Take profit: 1.1375
Why we like it:
There is an overlap support level that is slightly below the 38.2% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GOOGL: Bullish Reversal Pattern Confirmed on DailyOVERVIEW:
GOOGL has displayed a significant shift in its price action on the daily timeframe, transitioning from a corrective bearish phase into a confirmed bullish structure. A classic reversal pattern, followed by a successful retest of a critical level, suggests strong upside potential towards predefined resistance zones.
KEY OBSERVATIONS & MARKET STRUCTURE:
1. The Reversal - W-Formation / Double Bottom:
o Following an extended retracement from its previous highs, GOOGL formed a clear "W-Formation" or a bullish double bottom pattern. This pattern indicates that sellers lost control at the lows, and buyers stepped in to reverse the trend. The zig-zag lines highlight the swings of this reversal structure.
2. Break of Structure & Confirmation:
o The crucial element of this pattern was the break above the neckline (or intermediate resistance) of the W-formation, marked by the horizontal green zone. This breakout signaled a shift in the market structure, indicating that buying pressure was overcoming selling pressure.
o Subsequently, price has executed a textbook "Retested Support" of this breakout level (the lower green rectangle around $163.00 - $167.00). This retest, where former resistance acts as new support, is a high-probability confirmation signal for continuation of the new bullish trend. The current price action is bouncing precisely from this zone.
TRADE IDEA & POTENTIAL OUTLOOK:
Based on the confirmed bullish structure and the successful retest of support, a long opportunity presents itself:
• Entry Zone: Entries can be sought around $168.00 - $170.00, following confirmation of a bullish candle bounce from this level.
• Stop Loss (SL): A logical stop loss placement would be just below the "Retested Support" zone, specifically below the recent swing low and the lower boundary of the support area, indicated around $163.19. This placement protects capital if the bullish structure fails.
• Targets:
o 1st Target: 181 to 183 (Green Rectangle): This zone represents a prior supply area or a significant resistance level from earlier price action. It's the immediate upside objective where we might see initial profit-taking or a temporary pause.
o 2nd Target: 191 to 193 (Upper Green Rectangle): This serves as the secondary, more ambitious target. It's another historical area of price reaction, representing the next major supply zone that price could aim for if momentum carries it through the first target.
INVALIDATION:
• The bullish thesis would be invalidated if price decisively breaks and closes below the "Retested Support" zone ($163.00). A sustained break below this level would suggest that sellers have regained control, potentially leading to a deeper retracement or continuation of the previous bearish trend.
CONCLUSION:
GOOGL is showing compelling technical strength on the daily chart. The combination of a strong reversal pattern (W-formation) and a textbook retest of broken resistance, now acting as support, provides a high-probability long setup. Traders should monitor price action for a sustained move from the retested support towards the identified upside targets.
Risk Management is Paramount: Always ensure proper position sizing and adherence to your stop-loss to manage potential downside.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Ethereum (ETHUSD) • Daily • Trading ideaEthereum (ETHUSD) • Daily Chart 🚀
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🔑 Key Levels
* Demand Zone (Support): \$2,350–2,550
* Price has bounced here twice in the last year.
* Immediate Resistance: \$2,741
* Multiple rejections around this level recently.
* Next Major Resistance: \$3,437
* Former highs in late 2024/early 2025.
* Big Supply Zone (Strong Sell Area): \$4,000–4,200
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💡 What’s Happening?
* ETH is sitting in a “base” between \$2,528–2,741 (green box).
* If it breaks above \$2,741 on strong volume, it can run toward \$3,437 and eventually \$4,000+.
* If it falls below \$2,528 (demand), the next support is around \$1,997.
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🎯 Trade Idea
* Bullish Entry: Buy on a daily close above \$2,741 + higher-than-usual volume.
* First Target: \$3,437 (take partial profit).
* Final Target: \$4,000–4,200 (major sell area).
* Stop-Loss: Below \$2,500 (just under support).
* Bearish Scenario:
* If price drops below \$2,528 with big volume, look for a possible move down toward \$1,997.
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📈 Indicators (Confirmation Only)
* Volume: Watch for a spike on any breakout above \$2,741.
* MACD & RSI: If both are rising (not overbought), it adds confidence—though price and volume matter most.
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👍 Summary
ETH is coiling in a strong support zone. A clean break above \$2,741 on good volume can send it to \$3,437, then \$4K+. If support fails, \$1,997 is next. Trade with proper stops and watch volume for confirmation.
— Feel free to leave a 🚀 if this helps!
#Ethereum #ETHUSD #Crypto #Support #Resistance #Volume