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Dailyoutlook

NZDSGD at Key Resistance – Will Sellers Step In? OANDA:NZDSGD has reached a significant resistance zone. This area has historically acted as a supply zone, increasing the likelihood of a pullback if sellers step in. The current market structure suggests that if the price confirms a rejection from this resistance, we might see a move lower toward the 0.76670 level , a clear target based on past price behavior and current market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
5
CHFJPY - Potential Buying Opportunity to 168.700OANDA:CHFJPY is currently approaching a critical demand zone and as the market has been in a strong downtrend, everyone’s watching to see if buyers will step in and turn things around. That particular demand zone has previously acted as a strong support level and now as price tests this area again, the question is whether support will hold or if sellers will push through to lower levels. If support holds, I anticipate a move toward 168.700, where price could encounter resistance. However, the market rarely moves in a straight line. If buyers can’t hold this demand zone, we could see price break lower, leading to further downside and possibility for a continuation of the bearish trend. For now, let's see how price reacts at this key zone—will it be a turning point, or will sellers remain in control?
Long
by TrendDiva
3
Platinum Approaching Key Resistance — Will It Drop to 1,010$?OANDA:XPTUSD is approaching a significant resistance zone, an area where sellers have previously stepped in to drive prices lower. This area has historically acted as a supply zone, making it a key level to watch for potential rejection. If price struggles to break above and we see bearish confirmation—such as rejection wicks, a bearish engulfing candle, or weakening bullish momentum—I anticipate a pullback toward the $1,010 level. However, a strong breakout and hold above resistance could invalidate the bearish outlook, potentially opening the door for further upside. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
OANDA:XPTUSDShort
by TrendDiva
3
ORANGE JUICE Testing Key Support: Will Buyers Step In?FUSIONMARKETS:OJ has reached a significant demand area that has historically attracted buyers, leading to bullish momentum. This support level aligns with prior price reactions and represents a strong foundation for potential upward moves. If the support holds and bullish confirmation appears, such as bullish engulfing candles or long lower wicks, I anticipate a move toward 502.70 level. Conversely, if the support is broken, the bullish outlook could weaken, paving the way for further declines. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
FUSIONMARKETS:OJLong
by TrendDiva
1
GOLD is Setting Up For LONGS! Prepare to BUY!Price is pulling back to the Daily +FVG, which is nested in the Weekly +FVG, which is intersected by the Swing High. Three strong confluences for a high probability LONG. Be patient, look for price to contact the POI, and then let your valid buy setup form. Let the rest unfold. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COMEX:GC1!Long
by RT_Money
20
Seeing a huge drop coming for GOLD this weekGOLD may retest 2318 area and complete an inverted head and shoulders, and then head up to resistance level which lines up perfectly on trendline resistance AND lines up perfectly at the 61.8% Fibonacci level, this is a very interesting level for these 3 lining up this trendline has been valid for months and very strong trendline resistance that has been tested multiple times. I suspect GOLD will plummet down to 2300-2280 by the end of this week, probably during London session as from my personal experience I have seen this happen multiple times and have taken this opportunity to profit off this pattern moreover the DXY has been making impulses to the upside and healthy retracements to continue with another impulse this week if the trend continues, keeping on eye on news to support this bias and watching these levels on particular the 2340-2350 area
OANDA:XAUUSDShort
by halabirobin
1
10 Daily Outlooks. D6. BTCUSD, EU, XAUUSD, USDCAD and others☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion.
BITSTAMP:BTCUSD
by Yelli_trades
1
12/1/23 US30 Daily Outlook12/1/23 US30 Daily Outlook #US30 #DailyOutlook We moved through the W-RB/D-OB with an impulse to the upside to take out PWHs from 7/24 and 2/7. This put us at the highs around 2.6% off of created a new all time high on US30. We left +FVGs on the 4H and Daily and these will be my focus going into Friday and into next week, “How do we manage the FVG levels. Today’s PDL is out of range and we have already tapped the high. Given the news today is will be interesting to see the reaction of price. 10:00am USD ISM Manufacturing PMI 11:00am USD Fed Chair Powell Speaks 2:00pm USD Fed Chair Powell Speaks We have #PMI and Powell speaking as our biggest movers tomorrow and given that there is news in the morning and in the afternoon there may be stalled prices throughout the day. We may all see two swings as well so the biggest thing will be to trade with risk in mind. #BullishCase: The bullish case for me will be to tap the AS/SY session highs and return to the 4H+FVG in the process. That’s if we can do this before the news release. Would like to see us hold within the range of the 4H+FVG and make a bounce from there. #BearishCase: The bearish case will be to move to the LTF and look for sell to but setups within the range to reach the high, middle and low of the 4H+FVG and the D+FVG. One area in particular is the 1H+OB near the mid point of the D+FVG. Us trading down to this area would be in line with the trend. 1H chart 4H chart D chart
FOREXCOM:US30
by Cory4rex
12/1/23 NAS Daily Outlook12/1/23 NAS Daily Outlook #NAS #DailyOutlook We created a -CHOCH after taking out yesterday's PDL and several others. We moved so late in the afternoon so there was no buy up at the close. The BSL at the NY Close is the first draw and the 1H+FVG will need resolve first. 10:00am USD ISM Manufacturing PMI 11:00am USD Fed Chair Powell Speaks 2:00pm USD Fed Chair Powell Speaks We have #PMI and Powell speaking as our biggest movers tomorrow and given that there is news in the morning and in the afternoon there may be stalled prices throughout the day. We may all see two swings as well so the biggest thing will be to trade with risk in mind. #BullishCase: The bullish case will be how we manage this fresh 1H+FVG and the fresh 1H+OB. With the news tomorrow I'll be patient with all trades and lower my risk on entries unless I see a A+ setup up #BearishCase: The bearish case will be how we manage BSL, the 1H-FVG, WOP. We can look for a reaction at these areas for the continuation to the down side. 1H chart 4h chart D chart:
FOREXCOM:NAS100
by Cory4rex
12/1/23 DXY Daily Outlook12/1/23 DXY Daily Outlook #DXY #DailyOutlook A huge bounce of DXY today. We traded through many of the -POIs to tap off of the WH to set a new WH, traded through the WOP and rejected off the combination of the YOP and a 4H-FVG. Price opened tonight with a Gap down to the 4H-FVG/4H-OB we traded through. The question going into tomorrow will be which -POI do we return to and once we figure that out, does it hold Bullish? Looking at the daily chart the first POI will be the 4H-FVG and the Price Gap. 10:00am USD ISM Manufacturing PMI 47.9 46.7 11:00am USD Fed Chair Powell Speaks 2:00pm USD Fed Chair Powell Speaks We have #PMI and Powell speaking as our biggest movers tomorrow and given that there is news in the morning and in the afternoon there may be stalled prices throughout the day. We may all see two swings as well so the biggest thing will be to trade with risk in mind. DXY bullish = XXX/USD bearish & USD/XXX bullish DXY bearish = XXX/USD bullish & USD/XXX bearish #BullishCase: A bullish move on Dollars means that we can hold one of the -POIs that traded through on the way up. The -POIs will be replaced and/or used to buy from on the LTFs. Looking at the daily chart the first POI will be the 4H-FVG and the Price Gap. #BearishCase: A bearish scenario moves and responds to the -POIs and creates a new FVG to the downside. 1H chart 4H chart D chart
TVC:DXY
by Cory4rex
12/1/23 SPX Daily Outlook12/1/23 SPX Daily Outlook #SPX #DailyOutlook: We have been trading in a range throughout this week and we have expanded the range from the buy side and the sell side. We took PDLs but held inside the 4H+FVG/D+OB. My trade today was a buy near the 4H+FVG(H) but that buy didn't play out until the 3:30pm. Closed the trade out as a 1:1 and finished the day. 10:00am USD ISM Manufacturing PMI 11:00am USD Fed Chair Powell Speaks 2:00pm USD Fed Chair Powell Speaks We have #PMI and Powell speaking as our biggest movers tomorrow and given that there is news in the morning and in the afternoon there may be stalled prices throughout the day. We may all see two swings as well so the biggest thing will be to trade with risk in mind. #BullishCase: The NWOG has been the move primary location of all the price action throughout the week so far. So how we respond to this area will determine the direction. #BearishCase: The NWOG has been the move primary location of all the price action throughout the week so far. So how we respond to this area will determine the direction. 1H chart 4H chart D Chart
BLACKBULL:SPX500
by Cory4rex
11/26/23 DXY Daily Outlook11/26/23 DXY Daily Outlook #DXY #DailyOutlook We tapped into the 4H-FVG(L), into the YOP again, and took out the PDL PWL with the move up during the over night sessions and into the NY session. We left a new 4H-FVG through the lows taken out, a new 4H-OB, a Price gap on the 1H LTF and in the process of trading down into the PWH from 8/30. This will be our biggest news release, however, we do have a few #FOMC speakers but not Powell. We also have Richmond Manufacturing Index numbers #RMI and the S&P/CS Composite-20 HPI y/y at 9:00am. 10:00am USD CB #ConsumerConfidence 101.0 102.6 XXX/USD bullish USD/XXX bearish #BullishCase: A bullish move on Dollars means that we are seeing a LTF move through the 4H-FVG. Once we move through it we see that price uses the 4H-FVG as an IFVG setup to the upside. We then target the previous -POIs, the PDH from Monday and back into the 4H-IFVG range. #BearishCase: A bearish scenario is a bit more probable at the moment still. We left fresh -POIs and we can look to take setup off of each of these, the Price Gap, the 4H-FVG, 4H-OB, and as you can see on the 1H TF these same POIs are available as well. 1H chart 4H chart D chart
TVC:DXY
by Cory4rex
11/28/23 NAS Daily Outlook11/28/23 NAS Daily Outlook #NAS #DailyOutlook We took the PDL and traded into the 4H+FVG then bounced off of it as projected. We traded into and off of the W-FVG(L) again. I personally didn't catch this one from focusing on SPX's choppiness. We set the high PDH inside of the W-FVG and the low PDL inside of the 4H+FVG and left SSL inside of the NY open session. This will be our biggest news release, however, we do have a few #FOMC speakers but not Powell. We also have Richmond Manufacturing Index numbers #RMI and the S&P/CS Composite-20 HPI y/y at 9:00am. 10:00am USD CB #ConsumerConfidence 101.0 102.6 #BullishCase: The bullish case is how we respond to this 1H+FVG we made during London session yesterday as we are simultaneously holding near the high of the 4H+FVG(H) near 15954.4. We should be looking for price to reach back into the W-FVG(L) and the for the PDH/PWHs. #BearishCase: The bearish case will be how we manage the fresh liquidity left behind within the NY open session SSL($). Below that we still have the 4H+FVG that is holding us up but we'll still be aiming for the PDL lows from Tuesday and Wednesday.1H chart 4h chart D chart:
FOREXCOM:NAS100
by Cory4rex
11/28/23 US30 Daily Outlook11/28/23 US30 Daily Outlook #US30 #DailyOutlook No trade today! Too choppy for my liking and the price is just ranging to with entries that don't meet my requirements. We took out a PDL and tapped a PWH and made a PDH. We took liquidity from both the long (BSL) and the short side (SSL). Our closest HTF POI is the W-RB/D-OB and we're in the wicks but we haven't tapped into the body yet so, still think that this will be our POI to consider. The over night sessions were probably the cleanest but the entire NY session was choppy. This will be our biggest news release, however, we do have a few #FOMC speakers but not Powell. We also have Richmond Manufacturing Index numbers #RMI and the S&P/CS Composite-20 HPI y/y at 9:00am. 10:00am USD CB #ConsumerConfidence 101.0 102.6 #BullishCase: The bullish case is the LTF BSL($) that is above us and a move into the following: WOP, price completely through the PWH, the PDH from 11/26, and into the W-RB/D-OB. #BearishCase: The bearish case is PDH and back into the 1H+OB from 11/22 (Do you see it?). If we trade through this swing low with impulse, then I will aim for the PDLs from Thursday and Friday and then into the D-OB(L). 1H chart 4H chart D chart
FOREXCOM:US30
by Cory4rex
11/28/23 SPX Daily Outlook11/28/23 SPX Daily Outlook #SPX #DailyOutlook: We made the low of the day during the over night sessions. There was a NWOG that was left on Sunday and this is where price has been reacting during the NY open session. The PM sessions fell down into the 4H+FVG(H), TDO and D+OB(H) then pushed into the NWOG. There was also a bounce in the London/ Pre Market Session off of the D+OB(H) again. On the open the price rejected the PG but then held the D+OB(H) again and ranging through the NY open until the close. This will be our biggest news release, however, we do have a few #FOMC speakers but not Powell. We also have Richmond Manufacturing Index numbers #RMI and the S&P/CS Composite-20 HPI y/y at 9:00am. 10:00am USD CB #ConsumerConfidence 101.0 102.6 #BullishCase: The bullish case will be our response to the NWOG (New Week Open Gap) which we have reacted off of and sold off from but, at the current price we are sitting near the low again. We could use the PG to push through and buy from and the aim will be the PDH/PWHs. Look for an impulse through and a return to it. #BearishCase: The PDL from Monday is our POI for the sell setup. We need to watch the LTFs for an impulse through the low and on the LTFs once we trade through the low wait for a fresh -POI for a LTF setup. 1H chart 4H chart D Chart
BLACKBULL:SPX500
by Cory4rex
11/21/23 All Indices Daily Outlook#NAS #SPX #US30 #DailyReview #DailyOutlook In the over night sessions, price was the smoothest on the indices, as the price failed to take out the PDHs on SPX and US30. NAS tapped the PDH and traded above it only to move back into the previous day’s range. The #fomc meeting notes and Treasury Secretary Janet Yellen in the afternoon seems to have held up up for now. The #homesales numbers came in off projects: 10:00am USD Existing Home Sales 3.79M 3.90M 3.95M The interest rates have dropped but this isn’t the time we’d typically see this number kicking up. Each of the indices has traded into 4H+FVG and that implies that we could still move up from where we are. The PDL from yesterday is my SSL draw if we push to the downside and the PWHs are still my targets for an upside move. #BullishCase As we have rest in this 4H+FVG on all 3 indexes, we’ll need to look for price to hold. As long as we don’t have an impulse to the downside through a PDL, we should be okay to still see a move from the FVG range. SPX and NAS, both have BSL as targets from the Closing session. But the targets, aside from this will be the the BSL, PDH and Was for all the Indices. #BearishCase If we manage to trade through the PDL on each of the indices and we do so with an impulse this will change my view of the short-term/ midterm to look for a sell. This would imply that the 4H+FVG has been mitigated and we could potentially see that IFVG or inverse FVG setup play out. For either situation patience and price action will lead the way! All Charts 1H
FOREXCOM:NAS100
by Cory4rex
Daily analysis and trade setups on DAX Ger30 20220810Happy Midweek, Happy CPI Day, As mentioned in yesterday's analysis, DAX not being able to hold above 13680 was ominous Now a sustained move below 13440, break of 13300 will open it up to 12920. Will it happen today, we will see It still has chance to gain back above 13680 13530 is the line in the sand today Macro : DE HICP, US CPI Buy Break: 13550, 13630, 13685, 13740 Reversal: 13450, 13390, 13350, 13280, 13220 Sell Break: 13460, 13400, 13370, 13300 Reversal: 13645, 13690, 13750, 13810, 13840 Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
GBP/JPY Daily Forecast 16th AugustHello traders, This is the Daily forecast for GJ. Lately we've had huge selling pressure on the market. I don't think we are done yet but very well would be. In my eagle eye I see us taping in to 149.5. But not today my friends. For today I have set 151.4 to 151.2 as the Premium buys area where I think the buying pressure will likely hit the market. Break of 151.516 would give me a indications of sells to 151.4. A small range to trade but I set it out anyway. I set out 151.642 to 151.740 as a no trade zone. I don't suggest to take trades there as there can be manipulation happening. Instead I set out break of 151.754 as my level to look for buys till 152.462. Let me know in the comments what do you think of GJ? Best regards, LoneFX (CocoTradesFX)
by Lonefxer
XRP USD DAILY TECHNICALS (4/29/2021)Good morning- crypto ger here for another xrp update- today is Thursday April 29, 2021. Before we get into the technicals and all the fun stuff- please know that this is not financial advice, this is my opinion and my opinion only. Lets talk a little about the current trend and yesterdays performance before we get into the daily outlook. The price of xrp is up 450% ytd Over 100% on 3 & 6 month range and 37% on the month The weekly technicals support long positions and are now more favourable than last week- performing well above almost all moving averages-indicating a strong buy position. the oscillators are mostly neutral with a couple of buy indicators. Rsi values are in the high 60s (compared to low 70s last week) & cci is now 163 compared to over 200 last week- these indicators on their own are both neatural compared to sell last week. The bull bear power index is now a 0.6 compared to 1.1 which is still neutral and lastly the macd is still reporting a 0.21 which is a buy. Weekly technicals are a buy Recapping yesterday- XRP declined by 3% reversing a gain of 3% the day prior. XRP hit an intraday high of 1.44 before hitting reverse. XRP broke through the first major support level before hitting the late intraday low of 1.33 and broke back through major support levels For the day ahead- XRP will need to move throught the pivot level to bring major resitance levels into play. Support from the broader market will be needed to break back through the 1.45s. Failure to move through the pivot brings support levels into paly XRP should steer clear of sub 1.20 If you found this video informative please be sure to smash the like and subscribe button- turn on the notifications so you can stay upto date with future content #XRP #XRPUSD #CRYPTO #CRYOTRADING #TRADING PLAN #DAILYANALYSIS #DAILYOUTLOOK #DAYTRADING #DAYTRADE #CRYPTOTRADING
BITSTAMP:XRPUSDLong
by cryptoger