SwiftSignalFX

SwiftSignalFX

Analysis Summary Premium Zone and Strong High: The premium zone, marked between 153.100 and 153.300, highlights an area where selling pressure could intensify. The strong high at 153.100 reinforces this resistance level, suggesting it may act as a turning point if tested. Inefficiency (Fair Value Gap): The inefficiency (or FVG) zone at around 152.700–152.900 may...

SwiftSignalFX

Analysis Summary Premium Zone and Strong High: The price is approaching a premium zone between 2,745 and 2,750, where selling pressure could emerge. The strong high in this area marks a key resistance level that may limit further upside. Change of Character (CHoCH): A CHoCH near the current price indicates a recent bullish shift in short-term momentum. However, if...

SwiftSignalFX

Analysis Summary Higher High (HH) and Strong High: The HH near 8,420, along with the strong high marked on the chart, indicates a recent resistance level that has established an area of potential selling pressure. The current structure suggests that the market is struggling to maintain upward momentum from these highs. Change of Character (CHoCH): Multiple CHoCH...

SwiftSignalFX

Analysis Summary Lower High (LH) and Strong High: The chart displays a lower high around 42,500, suggesting that sellers have control at this level. The strong high above it reinforces a significant resistance point if the price moves upward. Break of Structure (BOS): The BOS below the recent low signals bearish momentum, indicating that sellers are likely to...

SwiftSignalFX

Analysis Summary Lower High (LH) and Strong High: The recent lower high (LH) formed near 19,650 shows where sellers pushed back strongly. This area is reinforced by a broader supply zone, indicating significant resistance if the price rises to test this level again. Change of Character (CHoCH): Several CHoCH levels highlight shifts in short-term momentum,...

SwiftSignalFX

Analysis Summary Break of Structure (BOS) and Change of Character (CHoCH): Multiple BOS and CHoCH markings indicate shifts in market momentum. The most recent BOS suggests a bearish trend continuation, while the CHoCH levels mark zones where short-term bullish momentum shifted back to bearish. Strong High: The chart shows a strong high around 1.3950, indicating a...

SwiftSignalFX

Analysis Summary Change of Character (CHoCH): The CHoCH levels, marked both to the left and near the recent high, indicate shifts in market sentiment. These suggest potential reversals or pauses in the current price direction, providing areas of interest for traders. Lower High (LH) and Weak High: The lower high formed around 1.09150, noted as a weak high,...

SwiftSignalFX

Analysis Summary Lower High (LH) and Weak High: The chart shows a lower high (LH) formation, suggesting that sellers are gaining control and pushing the price down from each attempt to rally. The weak high near 2,762 remains untested, which could be revisited if there is a strong reversal. Supply Zones: Multiple red-shaded supply zones above the current price,...

SwiftSignalFX

The chart showcases the recent price action in the XAU/USD pair with a few important technical levels and concepts marked. Key Observations: Break of Structure (BOS): The BOS level, around the 2,747-2,748 zone, indicates a previous resistance level that has been broken. This breakout confirms a shift in structure, suggesting the beginning of an upward...

SwiftSignalFX

Disappointing NFP data was offset by hot wage inflation data. The U.S. labor market report failed to deter dollar buyers as it had limited impact on market pricing in Fed meeting expectations. Which had a negative impact on the price of gold... All eyes are now on the US presidential election on November 5, and the outcome of the Fed meeting on Thursday. Markets...