GBP/AUD Analysis - H1 Prediction for 07/02/2025 ? Bearish Outlook with Potential Retest ? Current Price: 1.97669 ? Key Resistance Levels: 1.98760 - 1.98859 (Supply Zone) 1.99746 - 1.99845 (Major Resistance & Liquidity) ? Market Outlook: Price is consolidating near 1.97334 - 1.97516 support zone A break below this level may target 1.96645 Retest of 1.98760 - 1.98859 possible before further downside ? Trade Setup: ✅ Sell Zone: 1.98760 - 1.98859 (Look for rejection signals) ✅ Target: 1.96645 ✅ Invalidation: Sustained breakout above 1.99845 #FXForever#GBPAUD #ForexAnalysis #SmartMoneyConcepts #PriceAction #FVG #ForexTrader
Technical Overview: 1. Price Action: SPY has been consolidating near the $605 zone, with a slight bullish bias as it approaches key resistance levels. 2. Support Zones: * $600 (psychological level and prior support). * $595 (secondary support, aligned with PUT Support). 3. Resistance Levels: * $610 (previous high and close to the second CALL Wall). * $620 (highest positive NETGEX / Gamma Wall, strong resistance). Indicator Insights: * MACD: Slight bullish crossover but showing limited momentum. * Stoch RSI: Climbing but nearing overbought territory, indicating potential pullback. * Volume: Gradually increasing during the last sessions, suggesting accumulation. GEX Analysis: https://www.tradingview.com/x/uGYTCFjS/ * Puts: 68.4% dominance, highlighting significant bearish sentiment. * Calls: Reduced exposure; however, strong Gamma Wall at $620 indicates upside cap. * Key Observations: * The proximity to PUT Support around $595 indicates strong defensive positions from bears. * A breakout above $610 could trigger rapid movement toward $615–$620 due to lighter gamma resistance in this range. Trade Suggestions: * Bullish Scenario: * Entry: Above $610 with volume confirmation. * Target: $615–$620. * Stop Loss: Below $600. * Bearish Scenario: * Entry: Below $600, aiming for $595 or lower. * Target: $590. * Stop Loss: Above $605. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always perform your due diligence and manage risk accordingly before making trading decisions. Market conditions can change rapidly, so monitor updates and real-time data during the session.
PPL is a reliable company providing electricity to a stable area of the world. Usage for electricity from A.I. and other means may increase revenue for this company. There is favorable structure to the upside for continued buyer momentum. This trade is in memory of William C. Gibney - A Loving Observer of the Ocean.
GBP/JPY - H1 Analysis & Prediction (07/02/2025) ? Bearish Continuation Expected ? Current Price: 188.362 ? Key Resistance Levels: 188.998 - 189.141 (Short-term resistance) 190.068 - 190.599 (Major resistance) ? Key Support Levels: 187.694 (Break & retest zone) 186.922 (Next target) 186.488 (Major support) ? Market Outlook: Price is rejecting from resistance and forming a bearish structure. A break below 187.694 could confirm further downside. If price retraces towards 188.998 - 189.141, look for rejections to enter shorts. ? Trade Setup: ✅ Sell Zone: 188.998 - 189.141 ✅ Target: 186.922 - 186.488 ✅ Invalidation: Above 190.068 #FXFOREVER #GBPJPY #ForexTrading #SmartMoneyConcepts #PriceAction #LiquidityZones
xausd/gold will drop first,target 2800/2789.6 and then buy to next tp 2980
OANDA:XAUUSD Strong correction then quickly recovered and returned to close to $2,878, an important technical level for a new up cycle to open. In economic data released Thursday, the U.S. Labor Department reported that initial jobless claims rose 11,000 to 219,000 last week, compared with an expected 213,000. The data has weighed on the US Dollar Index (Dxy) for some time, which hit a two-year high of 110.17 on January 13 but has fallen 2% since then. In the absence of tariff-related news, the market is focused on today's US nonfarm payrolls report, which will be the next big influence on the US monetary policy outlook. In the latest news, the Federal Reserve announced on Thursday local time that Federal Reserve Chairman Powell will testify in the US Congress next week. This will be the first time he has answered questions from members of Congress since last July. Powell will testify before the Senate Banking Committee next Tuesday and testified before the House Financial Services Committee the following day. Before the end of last year, the Fed cut interest rates by 100 basis points in three meetings. In January, the Fed voted to leave interest rates unchanged between 4.25% and 4.5%. At the press conference following last month's interest rate decision, Powell said the Fed was in no hurry to cut interest rates further. US President Trump has toned down his criticism of Powell and his colleagues, which may help Powell's appearance go more smoothly. On Sunday, Trump said the Fed "did the right thing" by pausing interest rates. According to LSEG data, the market now expects the Fed to cut interest rates by 25 basis points in July and a total of 46 basis points in December. Markets today belong to the US Nonfarm Payrolls (NFP) data, US nonfarm payrolls are expected to fall to 170,000 from 256,000 in January. The unemployment rate is expected to remain unchanged at 4.1%. The strong labor market is boosting economic growth and prompting the Fed to pause interest rate cuts as it assesses the inflationary impact of Trump's fiscal, trade and immigration policies. https://www.tradingview.com/chart/XAUUSD/FuK4nbiz-Trump-s-policy-promotes-safe-asset-purchases/ Analysis of technical prospects for OANDA:XAUUSD Gold decreased and corrected then recovered when it gained support from the upper edge of the price channel, the Fibonacci extension 0.618% and Fibonacci 0.50%. Now that the rapid recovery has brought it back close to the target level of $2,878, the Fibonacci extension position is 0.786% and if the gold price is trading above this key technical level it will have conditions for a new bullish cycle with a target of around $2,900 in the short term, more than $2,918. The relative strength index (RSI) is operating in the overbought area, but does not show any signs of a possible correction; a correction signal will be identified when the RSI folds below the 80 level. During the day, the uptrend still dominates the technical chart, so the current pullbacks should only be considered a short-term correction without changing the trend. Along with that, notable locations will be listed as follows. Support: 2,846 – 2,834 – 2,824USD Resistance: 2,878 – 2,900 – 2,918USD SELL XAUUSD PRICE 2878 - 2876⚡️ ↠↠ Stoploss 2882 →Take Profit 1 2871 ↨ →Take Profit 2 2866 BUY XAUUSD PRICE 2839 - 2841⚡️ ↠↠ Stoploss 2835 →Take Profit 1 2846 ↨ →Take Profit 2 2851
Chart Insights (Hourly Timeframe): 1. Trend Analysis: * The price shows an upward trend within a rising channel. Support levels align with the lower trendline around $827, while the upper boundary projects resistance near $880–$900. * MACD: A bearish crossover with a declining histogram suggests a possible pullback or consolidation phase. * Stochastic RSI: The oscillator is moving down from the overbought zone, signaling decreased momentum. 2. Key Support/Resistance Levels: * Support: $827, $816, $798. * Resistance: $870, $887, $900. 3. Volume: * Volume spikes align with upward movements, but the recent decline indicates waning bullish enthusiasm near resistance. Options GEX Analysis: https://www.tradingview.com/x/rdawVbbe/ 1. Call Walls: * Significant resistance at $887 (78.68% Call Wall) and $900 (89.5% Call Resistance / Gamma Wall). * Likely a tough level for bulls to break without substantial volume. 2. Put Walls: * Support levels at $762.5 (HVL), $750 (2nd Put Wall), and $740. 3. Market Sentiment: * GEX leaning bullish (27.6% Calls), but IV (7.7) and IVx avg (30.4) imply low implied volatility—cautioning reduced movement potential. Trading Plan Bullish Scenario: * Conditions: If LLY maintains support above $860 and breaks $870 with increased volume. * Strategy: Buy Call Option at $870 strike. Target $887–$900. * Entry: Upon a breakout above $870. * Stop Loss: Below $860. * Profit Target: $887–$900. Bearish Scenario: * Conditions: If LLY loses $860 support and stochastic RSI continues bearish. * Strategy: Buy Put Option at $850 strike. Target $827–$816. * Entry: Upon breakdown below $860. * Stop Loss: Above $870. * Profit Target: $827–$816. Disclaimer: This analysis is for educational purposes only and not financial advice. Always confirm real-time GEX updates and monitor price action during the market session. Practice proper risk management.
Gold (XAU/USD) - H1 Prediction for 06/02/2025 ? Bullish Continuation with Possible Retracement ? Current Price: 2,866.41 ? Key Resistance Levels: 2,867 - 2,870 (Short-term resistance) 2,890.41 (Major resistance) 2,912.32 (Ultimate target) ? Key Support Levels: 2,849 - 2,852 (Potential retracement zone) 2,836 - 2,844 (Liquidity & FVG zone) 2,830.55 - 2,825 (Major demand zone) 2,807 - 2,812 (Deep pullback zone) ? Market Outlook: Gold may test 2,867 - 2,870 before a potential retracement. If price holds above 2,849 - 2,852, continuation towards 2,890.41 is likely. A drop below 2,825 could trigger deeper correction. ? Trade Setup: ✅ Buy Zone: 2,836 - 2,844 (Look for bullish confirmations) ✅ Target: 2,890.41 - 2,912.32 ✅ Invalidation: Sustained drop below 2,825 #Gold #XAUUSD #SmartMoneyConcepts #PriceAction #ForexAnalysis #LiquidityZones
MARA looks like a buy. Could go down to touch the blue support line on the RSI and price action to move accordingly to between 15 and 16. Could open a small position at current price and add later. Invalid if lower orange line is broken to the downside.
? ? Stock: PLTR (NASDAQ) ⏳ Timeframe: 30-Min Chart ? Setup Type: Bearish Breakdown ? Trade Plan: ✅ Entry Zone: Below $111.00 - $110.50 (Breakdown Confirmation) ? Take Profit 1 (TP1): $106.90 (First Support) ? Take Profit 2 (TP2): $100.52 (Extended Bearish Target) ? Stop-Loss (SL): Above $116.47 (Key Resistance) ? Risk-Reward Ratio: Favorable for a bearish continuation ? ? Technical Analysis & Setup: ✅ Pattern: Rising Wedge Breakdown ? ✅ Breakdown Confirmation Needed: Price falling below $111.00 with volume support ✅ Support Zones: $106.90: First Major Support $100.52: Extended Target for strong momentum ✅ Momentum Shift Expected: A breakdown could trigger a strong sell-off ? ? Trade Strategy & Refinements: ? Volume Confirmation: Look for increasing selling volume below $111.00 ? ? Trailing Stop Strategy: Once price reaches TP1 ($106.90), adjust SL lower to secure profits ? ? Partial Profit Booking: Take partial profits at $106.90 and let the rest ride toward $100.52+ ? ⚠️ Fake Breakdown Risk: If price moves back above $111.00, reconsider entry ❌ ? Final Thoughts: ✅ Bearish Breakdown Potential – High probability of continuation lower ? ✅ Momentum Shift Possible – A move below $106.90 could accelerate the downside ? ✅ Strong Risk-Reward Setup – SL at $116.47, TP at $106.90 - $100.52 for optimal gains ? Trade Smart & Stick to the Plan! ?? ? #ShortTrade #StockTrading #PLTR #TechnicalAnalysis #DayTrading #MomentumTrading #BreakdownSetup #RiskReward #TradingPlan #ProfittoPath ??