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USDJPY Wave Analysis 13 December 2024 - USDJPY reversed from support zone - Likely to rise to resistance level 156.35 USDJPY currency pair recently reversed up from the support zone located between the key support level 149.20 (former low of wave ii from the middle of October), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse (1) from September. The upward reversal from the support zone started the active intermediate impulse wave (1). Given the clear daily uptrend, USDJPY currency pair can be expected to rise further to the next resistance level 156.35, top of the previous impulse wave (1).
Long
by FxProGlobal
Wester Union Stock Qoute | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Wester Union - Double Formation * A+ Set Up At 13.00 USD * 012345 | Wave (1) & (2) | Downtrend Principle | Subdivision 1 - Triple Formation * Neckline At 11.25 USD * Flag structure | 10.20 USD | Entry Condition | Subdivision 2 * Top / Bottom Structure | Reversed | Support Current Trend | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:WUShort
by TradePolitics
Gold CFDs: Expert StrategiesFXOPEN:XAUUSD AlexGoldHunter Technical Chart Analysis: CFDs on Gold (US$/OZ) 1-Hour Timeframe Current Market Structure Current Price: $2,687.330 Key Fibonacci Levels: 0.786: $2,710.71975 0.705: $2,707.044375 0.618: $2,703.09675 0.5: $2,697.7425 0.382: $2,692.38825 Swing High: $2,690.00 Swing Low: $2,674.50 p1D High: $2,720.00 p1D Low: $2,666.50 Indicators and Volume RSI: 43.47 (neutral to slightly oversold) MACD: Bullish momentum with histogram at 0.567 and signal line at -4.915 Volume Profile: Significant trading activity around $2,700, indicating potential support/resistance zones Buy Strategy Confirmation: Look for RSI to drop below 30 (oversold condition) and start to rise. Ensure MACD histogram shows increasing bullish momentum. Look for a bullish candlestick pattern (e.g., hammer, bullish engulfing) near the 0.5 Fibonacci level ($2,697.7425). Entry: Enter a buy position around the 0.5 Fibonacci level ($2,697.7425). Stop Loss: Place a stop loss below the recent swing low ($2,674.50). Take Profit: Aim for a 1:3 risk-reward ratio. If the stop loss is $20 below the entry, the take profit should be $60 above the entry. Sell Strategy Confirmation: Look for RSI to exceed 70 (overbought condition) and start to fall. Ensure MACD histogram shows increasing bearish momentum. Look for a bearish candlestick pattern (e.g., shooting star, bearish engulfing) near the 0.786 Fibonacci level ($2,710.71975). Entry: Enter a sell position around the 0.786 Fibonacci level ($2,710.71975). Stop Loss: Place a stop loss above the recent swing high ($2,690.00). Take Profit: Aim for a 1:3 risk-reward ratio. If the stop loss is $20 above the entry, the take profit should be $60 below the entry. Buy Signal ENTRY: $2,697.7425 TP: $2,717.7425 (1:3 risk-reward) SL: $2,677.7425 This should provide you with a structured approach to trading CFDs on Gold (US$/OZ) based on the current chart setup and technical indicators. If you have more questions or need further adjustments, feel free to let me know!
TVC:GOLDLong
by Alexgoldhunter
ASX 200 futures look set to bounceThe Nasdaq reached a record high and the S&P 500 is close to reaching its own record high. So while the Dow was lower for a fourth day, 2 out of 3 indices rising could help support the ASX today. It's been over a week since the ASX began retracing from its record high, and with prices now trying to form a base above the monthly pivot point and historical weekly VPOC (volume point of control), I'm now looking for longs. The ASX has opened lower but remains within the overnight range. Assuming prices hold above the spike low, the bias is for a move higher to last week's VAL (value area low) or VPOC.
ASX24:AP1!Long
by CityIndex
$BTC Moment of Truth - Massive Move Ahead!This whole move up to $100k appears to be topped out and coming to the final squeeze. Going to be a drastic move in either direction very soon. CRYPTOCAP:BTC is either going to $115k or ~$85-90k. My Spidey-senses lean towards the latter; Bull Trap. Volume has been falling off a cliff during this rally, showing a strong case for a Bearish Divergence. If that happens, expect a drastic sling-shot rebound, so get your bids in now. I do expect a Santa Rally EOM.
INDEX:BTCUSDShort
by jonnieking
6
EUR/GBP Reversal in SightHello, OANDA:EURGBP has reached a fresh low, and buyers are beginning to step in, suggesting a potential shift to the upside. The key support level to watch is 0.820688; if the price breaches and closes below this level, further downside could follow, although this seems unlikely at the moment. To confirm a reversal, the price needs to break and sustain above the 4-hour pivot point at 0.823253. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
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by TheHunters_99
1
EURCAD Resistance , All eyes on SellingHello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today NZDCAD analysis 👆 🟢This Chart includes_ (NZDCAD market update) 🟢What is The Next Opportunity on NZDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
1
Gold is in the Bearish DirectionHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
PEPPERSTONE:XAUUSDLong
by ForexMasters2000
GBPJPY Trendline Breakout , All eyes on BuyingHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
by ForexMasters2000