This requires a new energy to attack the high levels. Perhaps this energy is obtained by touching downtrend of falling wedge (around 0.22)
Dear traders, are you wondering whether you should sell or buy XAUUSD now? Then stop and read Jack's point of view. XAUUSD: Today's second order has not reached the target (2916), but it will not take too long to reach it, because the rise has become a foregone conclusion. Many traders may still be worried about whether to trade now and how to trade? Jack will tell you my thoughts. Buy orders can continue to hold and wait for the rise. If you don't buy, then you can also continue to buy. 2916 will not be too far. 2916 is expected to pull back below. If it returns to 2910, continue to buy. If it rises directly, just hold and wait for the rise. Stay tuned. Or leave me a message.
Hello friends Given the floor that the price has made, we now see the power of buyers in the price reversal, and given the power of buyers, we can make purchases, of course, in stages and with capital management and move with it to the specified goals. *Trade safely with us*
MES!/ES1! Day Trade Plan for 03/06/2025 ?5798 5818 5838 ?5759 5739 5719 Like and share for more daily ES/NQ levels ????? *These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
https://www.tradingview.com/x/ChNosXOt/ Looking at the chart of AUDNZD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
Key Trading Level: 1.8415 Bullish Scenario: The overall sentiment remains bullish, supported by a breakout above the longer-term prevailing upntrend. However, recent price action suggests a sideways consolidation near the key level of 1.8415. A bullish reversal from this level could resume the upward momentum, targeting 1.8550 as the next resistance, followed by 1.8600 and 1.8650 if the rally extends. Bearish Scenario: A confirmed loss of the 1.8415 level and a daily close below it would negate the bullish outlook, potentially shifting momentum to the downside. If this occurs, the next support levels to watch are 1.8356, followed by 1.8330 and 1.8300, where further selling pressure could emerge. Conclusion: The 1.8415 level remains a key pivot point for GBP/CAD’s next move. A sustained hold and rebound from this level would reinforce the bullish trend, while a breakdown below it could trigger a deeper pullback. Traders should monitor price action around 1.8415 for confirmation of the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
The indexes have shown a lot of wild swings recently, as the markets react to the economic policies from the federal government and the geopolitical outlook. Tariffs are a tax imposed to imported products and passed along to the end consumer, causing higher prices, so higher inflation. As the president said, it's going to cause "a little disturbance". The market is anticipating a longer pause in the reduction of interest rates, since higher inflation is not a good environment to be dovish. Higher inflation, pause on interest rates, unemployment rate at 4.0%, and yet to know how it moved in February after the layoffs, foreign countries retaliating with tariffs on products from USA, an unresolved peace agreement in Ukraine and Palestine are ingredients for a Bear Market. The RSI is already showing a bearish divergence that started in May-July last year. The RSI exited the Overbought area and it's crossing down the midline, which signals a bearish market. The SPX crossed down the 20ma in the Weekly and it made the cross of death (20 ma crossed under 50 ma) in the daily. Yesterday the index settled at 5842, under the 20 weekly ma, and it found support, so we may expect a couple of days with an uptrend rally in what is known as "Back to Normal". The VIX has been stubbornly above the 20 level. Yesterday it closed shy from this level. Unless we see a more relaxed VIX then this level signals we'll have volatility and lower lows in the weeks ahead. The market never moves in a straight line, on the way down previous resistance levels turn into support. If the divergence is confirmed by a lack of new all time highs (most likely), and if the market won't trade in the range, then brace for impact. If the economy enters into recession, which looks like it's being done on purpose, the Fed will be "forced" to reduce the interest rates. We'll see if the policies will be softened, or if the government is going in full force, and in that case, I hope it'll be a "controlled" crash landing.
Gold sell level on M15 time frame analysis. Gold has got rejection from 2930 with LQ sweep.
We have many takes for me ive been waiting for this moment my whole year FY24 somewhere around 23-24k its gonna be showtime im making this idea brief price back at resistance expecting a break and retest after it rejects and goes higher also impulse might not even complete considering how strong the support is dxy wiped out months progress in 4 days investors are gonna seek safe havens i hope trump listens to expert advisors like steve hanke in my opinion the markets have always been too overbought - SELL the u.s is losing trust and likeability among allies with these tariffs the u.s has entered trade wars wether its too strong a phrase to bring up booms and bust ou cant rig the economy the time cycle has arrived
Key Trading Level: 189.14 Bullish Scenario: The overall sentiment remains bullish, supported by a breakout above the longer-term prevailing downtrend. The recent price action suggests an oversold consolidation, potentially retesting the breakout zone at 189.14. A bullish reversal from this level could reinforce the uptrend, targeting 190.60 as the next resistance, followed by 191.75 and 192.52 if upward momentum continues. Bearish Scenario: A confirmed loss of the 189.14 level and a daily close below it would invalidate the bullish outlook, signaling a potential reversal. In this case, downside targets include 187.93 as the first support level, with further declines extending toward 187.24 and 186.50 if selling pressure intensifies. Conclusion: The 189.14 level is a key pivot point for the next move in GBP/JPY. A successful retest and rebound could sustain the bullish trend, while a breakdown below this level would shift momentum in favor of the bears. Traders should closely watch price action around 189.14 for confirmation of the prevailing trend. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.