AutoMarkets

AutoMarkets

Price has respected the 4H support zone around 192.300 and is now showing bullish signs on both the 1H and 23m charts, with MACD shifting upward. A break and close above 193.000 could confirm a bullish push. Trade Plan: • Entry: Break & retest or strong bullish close above 193.000 • TP1: 193.751 (1H Resistance) • TP2: 194.907 (4H Resistance) • SL: Below...

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Price has been moving between a well-defined 1H support at 0.88016 and resistance at 0.88354, creating a clean range for intraday plays. We recently saw price reject from 1H support, bounce off the ascending trendline, and begin pushing upward with bullish momentum. The MACD is attempting a bullish crossover, indicating possible continuation to the upside. Trade...

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Structure: Symmetrical Triangle inside Bullish Channel Analysis: GBPJPY is currently compressing within a symmetrical triangle formation after a strong bullish rally. Price has pulled back and is respecting the ascending channel and trendline support around 193.900. MACD is flattening, suggesting potential build-up before the next push. We are watching for a...

AutoMarkets

Gold is currently testing a key confluence zone around $3,020, where 1H horizontal support, a 23m bullish trendline, and the descending trendline resistance (now retested) are all intersecting. Price action is showing signs of holding this level after a retest and rejection wick, suggesting potential for bullish continuation. MACD is also beginning to flatten...

AutoMarkets

Looking at the Daily Chart, price is currently retesting the 9 EMA after a downward move, which could signal a continuation of selling pressure. The MACD is attempting a bullish crossover, but it hasn’t fully confirmed yet. If price fails to close above the 9 EMA, the bearish bias remains intact. On the 4H Chart, we see strong selling pressure, with the 9 and 50...

AutoMarkets

Overview: Gold is currently showing signs of consolidation after a strong bullish push. The market is at a decision point, and I’m expecting a potential retracement before the next move. My bias is bullish in the long term but waiting for confirmation before entering. ⸻ 🔑 Key Levels to Watch: 📌 Daily Support (2953) - Strong S/R level, expecting a retest before...

AutoMarkets

Potential Trade Ideas: 1. Retest & Sell Setup: • If price pulls back to 190.000 and rejects, this could be a strong sell entry targeting 188.800 or lower. 2. Breakout & Continuation: • If price breaks and closes below 188.800, expect further downside, with targets at 188.000 and potentially 183.750. 3. Bullish Scenario (Low Probability for Now): • If price...

AutoMarkets

USDCHF Multi-Timeframe Analysis Daily Chart Observations: ✅ Trend Still Bearish – No significant shift in structure. ✅ Price Holding Below Rejection Zone – No break above yet. ✅ MACD Still Bearish – No sign of reversal on the daily yet. 4H Chart Observations: ✅ Short-Term Push Up – Price attempting to re-enter downtrend channel. ⚠️ Will It Break or Reject? –...

AutoMarkets

If price rejects 2915 with strong bearish engulfing on 15m, enter short.

AutoMarkets

If price breaks 0.88120 and retests as resistance, enter short.

AutoMarkets

1-Hour Chart Analysis: 1. Symmetrical Triangle Formation: • The price is consolidating within a symmetrical triangle. This pattern suggests indecision in the market and typically precedes a breakout, either upward or downward. • Key levels to watch: • Breakout above 21,400: Indicates bullish momentum, potentially targeting higher resistance...

AutoMarkets

1-hour timeframe: 1. Key Levels: • Resistance: 192.566 and 192.322 are acting as major resistance zones, where price has struggled to break through. • Support: Around 190.818 and 191.172, these are acting as support levels after the recent rejection. 2. Price Action: • The market shows significant volatility, with a sharp rejection from lower levels around...

AutoMarkets

The price is showing signs of consolidation after a significant recovery, with bullish momentum evident. The recent movements indicate that NAS100 is attempting to retest key resistance levels while holding above critical support zones. Key Observations: 1. Trend Structure: • The price is currently trading within an ascending channel or trend, with higher highs...

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Key Observations: 1. Moving Averages: • The chart has a red line (likely a longer-period moving average, such as the 200 EMA) and a blue line (likely a shorter-period moving average, such as the 50 EMA). • The price recently crossed above the shorter moving average, indicating a potential short-term bullish momentum. • The price is testing the longer moving...

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Technical Analysis: Trend: • The market is still in an overall uptrend, given the ascending channel structure. • However, the recent break below the midline and rejection at the upper boundary suggest possible short-term bearish momentum. Key Levels: 1. Support: • 21,200–21,220: Current price level and a critical area to hold. A break below could lead to...

AutoMarkets

Current Market Structure: 1. Trend Analysis: • The price is still within a well-defined ascending channel. • The recent price action shows a pullback toward the channel’s midline after hitting resistance near the upper channel boundary. 2. Key Levels: • Resistance: • 21,400–21,500: Price is near this key zone, which aligns with previous swing highs. A break...

AutoMarkets

As we can see it is still within channel parameters. No sign of a breakout yet. Will continue to watch for more.