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Technical Analysis

EUR/USD Approaching Key Resistance – Will Bulls Break Through?EUR/USD continues to trade within a strong uptrend, respecting the 50-day SMA while pressing against a key horizontal resistance level around 1.1576. The pair has recently pulled back modestly after testing this level but remains above the short-term moving average, suggesting buyers are still in control. Technicals provide a mixed, but slightly bullish picture: Trend Structure: Price action shows a series of higher highs and higher lows since mid-February, confirming a bullish trend. Moving Averages: The 50-day SMA is above the 200-day SMA (golden cross), and price continues to close above both, reinforcing the bullish bias. MACD: While flattening, it remains in positive territory – momentum is cooling but not reversing. RSI: Currently near 59, suggesting bullish momentum without overbought conditions – a healthy zone for a potential continuation higher. A breakout above the 1.1576 resistance could open the path toward the 78.6% Fibonacci retracement level near 1.1745. However, failure to clear this barrier may invite consolidation or a minor pullback toward the 50-day SMA. Traders should watch for a daily close above 1.1576 or a bounce from the 50-day SMA to confirm the next directional move. -MW
by FOREXcom
GOLD (XAUUSD): Technical Analysis & Important Pattern to Watch For some known reason, Gold remains bearish this entire week. The market is currently correcting within a falling channel - a bullish flag on a 4H time frame. Ahead, I see a bunch of strong intraday supports. From one of these structures, a bullish rally may resume. A trigger that you should look for is a bullish breakout of a resistance line of the flag and a 4H candle close above that. A bullish continuation will be expected then. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
8
Silver Pulls Back After Multi-Year HighSilver fell 2% to $35.60 per ounce, marking its third straight session in the red. The decline followed a powerful rally to 13-year highs, as traders took profits and sold off precious metals to offset losses from geopolitical turmoil. The Fed’s steady-rate stance and warning on inflation risks tied to Trump’s new tariffs also weighed on sentiment. Adding pressure, a massive metals discovery in Argentina was confirmed, estimated to contain over 80 million ounces of gold and silver, one of the largest finds in decades. First resistance is at 37.50, while support starts at 35.40.
FOREXCOM:XAGUSD
by ChartMage
Yen Edges Higher as Inflation SurgesThe Japanese yen traded stronger near 145 per dollar, rebounding as Japan’s core inflation rose for the third straight month to 3.7%, its highest since January 2023. The data strengthens expectations that the Bank of Japan may continue policy tightening. Earlier in the week, the BOJ held rates at 0.5% but highlighted how rising wages are being passed on to consumers, keeping inflation elevated. Governor Kazuo Ueda emphasized a data-driven path forward, keeping the door open for more hikes if needed. The key resistance is at $145.30, while the major support is located at $142.50.
by ChartMage
GateChain Slows Down Within An Impulsive Bullish TrendGateChain with ticker GTUSD came slightly lower, but we still see it trading in a higher degree wave »iv« correction that can resume the bullish trend for wave »v«. It can be actually finishing final subwave (c) of a three-wave (a)(b)(c) corrective decline, so keep an eye on strong support here at the former wave (iv) swing low and 38,2% Fibonacci retracement. If we get sharp rebound and impulsive rise back above channel resistance line near 20 bullish confirmation level, then we can easily expect further rally within final wave »v« of 5 this year, which can push the price even up to 35 – 40 target area.
Long
by ew-forecast
Polkadot (DOTUSD) is getting closer to a scary levelPolkadot ( MARKETSCOM:DOTUSD ) is coming closer to the current lowest point of this year. If it surpasses that area, then this would place the crypto in the area, last seen five years ago, bringing it closer to inception price. Let's dig in... CRYPTO:DOTUSD Let us know what you think in the comments below. Thank you. 77.3% 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. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
MARKETSCOM:DOTUSD
by Marketscom
2
Gold on the Edge: Will US Debt Fears Spark a Breakout?XAUUSD – Gold on the Edge: Will US Debt Fears Spark a Breakout? After weeks of muted movement, gold is coiling within a bearish channel — but a fresh warning from Goldman Sachs may be the trigger that changes everything. With concerns mounting over America’s fiscal future, gold could be preparing for a decisive shift. 🌐 Macro View – Goldman Sachs Sounds the Alarm 🔺 Goldman Sachs recently issued a critical warning: US national debt is expected to exceed WWII levels, with interest payments topping $1 trillion by 2025, outpacing spending on defense and healthcare. If urgent fiscal reforms aren’t implemented, the US could face a tightening cycle that slows GDP growth without reducing the debt-to-GDP ratio. The root causes? Excessive spending, rising interest rates, and deep political gridlock. 📌 For global investors, this type of uncertainty is often bullish for gold — especially as a hedge against both inflation and US dollar instability. 📉 Technical Outlook (Updated – M30 to H1) Gold is still trading inside a well-defined descending channel, with sellers firmly in control. Price is currently hovering around the pivot zone at 3,338.42, with a possible short-term bounce toward 3,368.04, the upper edge of the channel. EMA ribbons (13–200) are sharply aligned to the downside, signaling strong bearish momentum. If the price fails to break above 3,368, the next key support zones lie at 3,325.78, and potentially 3,309.25, where unfilled fair value gaps (FVG) await. ✅ Trade Plan 🟢 BUY ZONE: 3310 – 3308 Stop-Loss: 3303 Targets: 3314 → 3318 → 3322 → 3326 → 3330 → 3340 → 3350 → 3360 → 🟢 BUY SCALP: 3325 – 3323 Stop-Loss: 3318 Targets: 3330 → 3334 → 3338 → 3342 → 3346 → 3350 → 3360 → 3370 → 🔴 SELL ZONE: 3418 – 3420 Stop-Loss: 3424 Targets: 3414 → 3410 → 3405 → 3400 → 3396 → 3390 → 3385 → 3380 🔻 SELL SCALP: 3396 – 3398 Stop-Loss: 3403 Targets: 3392 → 3388 → 3384 → 3380 → 3375 → 3370 💬 Closing Thoughts – A Volatile End to the Week? With US markets returning from a bank holiday and macro pressure rising, volatility could spike to close the week. ✅ Stick to disciplined SL/TP levels. Avoid premature entries and let price confirm direction. Gold remains technically bearish — but the global debt narrative could turn this market on its head. Prepare. Observe. Strike only when the structure aligns.
OANDA:XAUUSDShort
by MMFlowTrading
#NIFTY Intraday Support and Resistance Levels - 20/06/2025A flat opening is expected in Nifty today. After the open, all eyes will be on the 24,700 level, which has acted as a key support zone recently. 🔽 If Nifty starts trading below 24,700, downside momentum may pick up, with potential targets at 24,650 → 24,600 → 24,550-. Sustained weakness below 24,700 could attract short positions. 🔼 On the upside, if Nifty reclaims 24,750–24,800 and sustains, a bullish move may trigger toward 24,850 → 24,900 → 24,950+. However, 24,950 remains a strong resistance area from the past sessions. ⚠️ Strategy Note: Market remains in a range-bound zone; wait for a decisive breakout for positional trades. Use strict stop-losses and manage risk actively. Ideal approach: scalp the range with quick profit booking unless a directional move confirms.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(20/06/2025)Today, a flat opening is expected in Bank Nifty, with price action likely to begin around 55,500 levels. There are no major changes in the key levels compared to yesterday, and the market has remained in a consolidation phase. 🔽 If Bank Nifty starts trading below 55,450, it may trigger further downside toward 55,250 → 55,150 → 55,050-. This zone has acted as intraday support recently. 🔼 On the other hand, a move above 55,550–55600 may lead to upward momentum toward 55,750 → 55,850 → 55,950+. A breakout above 56,050 could open the path toward 56,250 → 56,350 → 56,450+. ⚠️ Key Takeaways: Consolidation continues, so avoid aggressive positions until a breakout occurs. Watch for range breakouts above 56,050 or below 55,450 for directional moves. Use tight stop-losses and trail profits smartly to protect against volatility spikes.
NSE:BANKNIFTY
by TradZoo
Gold Prices Pull Back Amid Profit-Taking and Unchanged Fed ratesMacro approach: - Gold prices have recently pulled back as investors took profits at elevated levels to offset losses elsewhere amid rising geopolitical tensions in the Middle East and steady Fed holding rates. - Speculation is mounting that the US may involve into the Middle East conflicts, raising fears of a broader regional tensions. - Meanwhile, a dovish Fed outlook signaling two potential rate cuts this year and concerns over growing US debt continues to provide underlying support for gold prices. Technical approach: - XAUUSD is retesting EMA21, and the support level is around 3560. The price is above both EMAs, indicating that the upward momentum is intact. - If XAUUSD closes below EMA21, it may continue to plunge and retest the following support at 3285, which is the confluence with the ascending trendline. - On the contrary, remaining above 3560 may prompt a potential retest of the key resistance at around 3430. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
ICMARKETS:XAUUSD
by DatTong
Nightly $SPY / $SPX Scenarios for June 20, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for June 20, 2025 🔮 🌍 Market-Moving News 🌍 🏦 Fed Holds Rates, Warns on Tariffs Fed kept interest rates steady on June 19, cautioning that tariffs could stoke inflation and slow growth. Inflation projections were raised from 2.7% to 3.0%, while growth estimates were revised lower to 1.4% 🌍 Middle East Risk Drags Markets Global stocks fell and safe-haven assets surged after U.S. futures weakened amid heightened tensions in the Israel–Iran conflict. Yields were mixed: gold weakened and bonds gained, while oil held steady near seven-week highs 📈 Treasury Yields Edge Higher Despite safe-haven demand, U.S. 10‑year yields ticked up as markets absorbed the Fed’s updated rate outlook. The yield curve remains elevated ahead of next week’s $38 bn auction of long-dated notes 📊 Key Data Releases 📊 📅 Friday, June 20: (No major U.S. economic reports) Markets will be driven by Fed commentary follow-ups and geopolitical headlines over the weekend. ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions. 📌 #trading #stockmarket #economy #geopolitics #fixedincome #inflation #charting #technicalanalysis
AMEX:SPYShort
by TrendTao
Apple Near Key Support — Long Setup DevelopingIntroduction: Apple NASDAQ:AAPL is approaching a critical support zone that has consistently held over the past two months. As price retraces toward this level, it presents a potential long opportunity for traders looking to position ahead of the next bullish leg. Technical Setup: Support Zone: $193 – $196 This area has acted as a strong demand zone, providing multiple bounce points since April. Price is now pulling back into this region, offering a potential entry for a long trade. Trade Idea: Entry: $193 – $196 (on confirmation of support holding) Take Profit Targets: First Target: $210 – $215 Second Target: $225 – $233 Stop Loss: Just below $184 (to protect against a breakdown from support) #AAPL #Apple #Stocks #TechnicalAnalysis #SupportZone #LongSetup #TradingStrategy #NASDAQ #TechStocks #RiskReward
NASDAQ:AAPLLong
by Richtv_official
1
Nifty 50 Trapped in a Tight Range – Breakout or Breakdown Ahead?📍 Market Overview: For over a month now, the Nifty 50 Index has been moving sideways in a tight consolidation range, frustrating both bulls and bears. Since May 12, 2025, the index has fluctuated between 24,350 on the lower side and 25,250 on the upper side, forming a classic rectangular pattern often associated with accumulation or distribution phases. This zone is now becoming a crucial battlefield that could define the index’s direction for the coming sessions. 🔲 The Consolidation Zone Support Zone: 24,350 – 24,450 Resistance Zone: 25,150 – 25,250 Consolidation Duration: ~30+ days Current Price: 24,793.25 This range has seen multiple rejections at the top and bottom, reflecting indecisiveness in broader market sentiment. Traders are waiting for a trigger — either fundamental or technical — that could push the index out of this range with strength. 📈 Bullish Scenario: Breakout Above 25,350 If Nifty 50 breaks and sustains above 25,350, especially with higher volume and a strong daily close, it could signal a bullish continuation pattern. This scenario would be supported by: A potential breakout from the rectangle consolidation. Positive sentiment from global markets or domestic catalysts (monsoon, earnings, policy announcements, etc.) A shift in FII or DII buying behavior. 📌 Breakout Target: 👉 26,000 – 26,100 (Based on measured move projection) 📌 Next Resistance Zone: 👉 26,050 – 26,200 In this case, traders may look for long opportunities with trailing stop-losses under the breakout zone. 📉 Bearish Scenario: Breakdown Below 24,350 On the flip side, a decisive breakdown below the 24,350 mark, especially with increased selling pressure and bearish candles, may lead to a quick decline toward the next major support levels. 📌 Breakdown Target: 👉 23,550 – 23,400 📌 Next Support Zone: 👉 23,500 – 23,300 This could trigger panic selling or profit-booking in frontline stocks. Caution is advised in such scenarios, and shorting opportunities may arise for experienced traders. 🧠 Strategic Insights for Traders Avoid trading within the range: Unless you're scalping, wait for breakout/breakdown. Watch global cues and FII flows: They often align with large breakouts. Stick to risk management: Whichever direction the index moves, always set a stop loss. 🚀 Final Thoughts The market is clearly in a wait-and-watch phase, but such consolidation periods often precede large moves. Nifty’s current structure suggests a breakout or breakdown is imminent — and being positioned correctly can make a big difference in returns. Stay alert. Don’t predict — prepare. ⚠️ Disclaimer This article is for educational and informational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Trading and investing in the stock market involve risk, including the risk of losing capital. Always conduct your own research or consult with a qualified financial advisor before making any trading decisions. We are not responsible for any losses incurred from decisions based on this analysis.
NSE:NIFTY
by TradZoo
$FET 4Hr Time frame DUMP before PUMP? $1 Recovery!FET/USDT – 4H Time Frame Analysis Pattern Formation: A rounding top is clearly visible, suggesting weakening bullish momentum and potential trend reversal. Trend Structure: Price is forming lower highs and lower lows, confirming a bearish trend. Key Zones: Supply Zone: $0.85 – $0.975 Demand Zone: $0.35 – $0.45 Neckline Support: Price is approaching a critical neckline level. A break below this could trigger strong downside movement. Weekly FVG & Fib Confluence: Below the neckline lies a weekly Fair Value Gap (FVG). The 0.618 Fibonacci retracement aligns with this zone, forming a golden pocket — a key support area. Scenario 1 – Bullish Reversal: If price holds above the golden pocket, a bounce could push it back toward psychological levels (e.g., $0.70 and $0.80) Scenario 2 – Bearish Continuation: If price fails to hold the FVG/GP zone, this invalidates bullish setups. Expect a breakdown targeting the $0.35–$0.45 demand zone.
by King_BennyBag
2
Silver Consolidates After Hitting Multi-Year HighSilver holds near $36.75 in Thursday’s Asian session, steady after a slight pullback from its highest level since February 2012. The trend remains bullish, suggesting more upside. A sustained move above $36.45–$36.50 confirmed a breakout from a descending channel, forming a bullish flag. The RSI has eased from overbought, and momentum indicators support a positive near-term outlook. The first resistance is seen at 37.50, while the support starts at 35.40.
FOREXCOM:XAGUSD
by ChartMage
Gold Climbs as Israel-Iran Conflict DeepensGold rose toward $3,380 on Thursday, recovering earlier losses as safe-haven demand grew amid the escalating Israel-Iran conflict, now in its seventh day. Reports say Israel hit over 20 sites near Tehran, including nuclear and missile facilities, while the U.S. may join the strikes, raising fears of a broader war. Meanwhile, the Fed held rates steady Wednesday but signaled two possible cuts this year, despite high inflation and slowing growth. The move followed renewed pressure from President Trump for deeper cuts. Resistance is seen at $3,370, while support holds at $3,316
EIGHTCAP:XAUUSD
by ChartMage
BoE in Focus as GBP/USD Nears 1.3410GBP/USD remains under pressure for a third day, trading near 1.3410 in Thursday’s Asian session, as safe-haven demand strengthens the US Dollar amid Israel-Iran tensions. The BoE is expected to hold rates at 4.25% today. UK inflation eased to 3.4% in May from 3.5%, in line with forecasts but still above the 2% target. Markets still price in about 48 basis points of BoE cuts by year-end. Resistance is seen at 1.3440, while support holds at 1.3260.
by ChartMage