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Rate Cuts and Risky Bets: When the Fed Rolls Out the Red Carpet🎬 The Fed’s June Meeting Is Around the Corner Mark your calendars: June 17–18 is when the Federal Reserve's Federal Open Market Committee (FOMC) convenes next. With the benchmark interest rate ECONOMICS:USINTR currently holding steady at 4.25% – 4.50%, investors and policymakers alike are keenly awaiting any signals of a shift in monetary policy. Market expectations suggest a cautious approach, with futures markets indicating a modest probability of rate cuts in the latter half of the year. That said, the upcoming meeting could offer some juicy insights into the Fed's outlook — yes, in this economy. 🤝 Trump vs. Powell: The Sequel No One Asked For President Donald Trump and Fed Chair Jerome Powell recently had their first face-to-face meeting during Trump’s second term, rekindling a familiar tension. Trump criticized Powell for maintaining high interest rates, saying it puts the US at an economic disadvantage compared to countries like China. Not too surprising, Trump’s tone, that is. As a matter of fact, it’s way softer than when the President called the Fed chair a “major loser.” Anyway, Powell was holding back at the meeting, saying that the Fed is independent and that monetary policy decisions are based on objective economic data, not political pressure. Despite Trump's public and private criticisms, Powell remains steadfast in his approach, focusing on long-term economic stability over short-term political considerations. 📉 Inflation, Employment, and the Tightrope Walk Inflation has decreased significantly from its peak of 9.1% in 2022 to 2.3% in April 2025 , nearing the Fed's 2% target. However, the labor market remains robust, with unemployment rates at historically low levels. The Fed faces a delicate balancing act: cutting rates too soon could reignite inflation, while maintaining high rates might dampen economic growth. This tightrope walk requires careful analysis of incoming data and a measured approach to policy adjustments. 🛍️ Market Reactions: Bulls, Bytes, and Bullion If rate cuts are the rumor, the S&P 500 SP:SPX is already buying the headline. The index clawed back all of its early-year slump and now sits just above the flatline. Traders are clearly pricing in a friendlier Fed, even if Jerome Powell hasn’t sent out the official RSVP yet. Gold OANDA:XAUUSD , meanwhile, has been doing what it does best — quietly flexing in the corner as uncertainty swirls. Prices bounced back above $3,300 in late May, reminding everyone that when central banks blink, bullion blings. A rate cut could weaken the dollar — and gold’s inverse relationship with the greenback suddenly looks like a playbook move. Speaking of the dollar, the dollar index TVC:DXY has been wobbling like it’s just finding its feet. With inflation softening and tariff noise all over the place, the buck has lost some swagger . Traders are already rotating out of safe havens and into riskier plays, including… Yep, Bitcoin ( BTCUSD ). Crypto’s original bad boy is back on the move, orbiting near $110,000 after rewriting its all-time high book in May. A dovish Fed can technically pour more rocket fuel into the rally, especially as sovereign adoption and ETF flows keep pumping ( $9 billion in just five weeks?! ). In the land of easy money, Bitcoin doesn’t just survive — it thrives. The takeaway? Markets love a dovish pivot. Whether you're holding stocks, stacking sats, or eyeing gold bars, the Fed’s next move could be the difference between breakout and breakdown. 🧠 What to Keep in Mind As the June Fed meeting approaches, traders should consider the following strategies: Diversification: Maintain a diversified portfolio to mitigate risks associated with interest rate volatility. Equity Exposure: Evaluate exposure to sectors sensitive to interest rates, such as the good old tech space and throw in some financials — banks love rate moves. Inflation Hedges: Consider assets like gold or silver to hedge against unexpected inflationary pressures. 🧾 Conclusion: Navigating Uncertainty The June Fed meeting isn’t just another calendar event — it’s a market-defining moment dressed in central bank jargon. With politics heating up and inflation cooling down, Powell’s next move could either pump more cash into the risk rally or throw cold water on the party. Yes, the noise is loud. Yes, the data is messy. But through it all, one thing holds: staying nimble beats being early. Whether you're riding the S&P 500, hodl’ing Bitcoin, or hugging gold like a doomsday prepper, this is the time to trade the chart, not the chatter. Off to you : Are you in the rate-cut camp or you think there’s more ground to cover before Powell and his squad tune the pitch down? Comment below!
ECONOMICS:USINTR
by TradingView
7
Understanding VWAP In TradingWhat is VWAP? VWAP is a price benchmark that gives more importance to prices where higher trading volume occurs. Unlike simple moving averages, which treat each price point equally, VWAP provides a volume-weighted perspective, making it more representative of market activity. Traders use VWAP to gauge market trends, confirm trade entries and exits, and measure the quality of executions relative to the market's liquidity. How Institutional Traders Use VWAP Large financial institutions and mutual funds execute large orders over time to minimize their market impact. VWAP helps them: Achieve better execution by ensuring their orders are filled at a price close to the session's average. Reduce market impact by avoiding aggressive buying or selling at extreme price points. Gauge liquidity and time their orders efficiently. Role of VWAP in Algorithmic Trading VWAP is integral to algorithmic trading strategies that automate order execution. Algorithms use VWAP in: VWAP Trading Strategies: Algorithms execute orders in line with VWAP to avoid moving the market. Mean Reversion Trading: Traders look for deviations from VWAP, buying when the price is below and selling when it is above. Liquidity-Based Order Execution: Algorithms track VWAP to execute trades more efficiently, particularly in high-frequency trading (HFT). Why VWAP is a Critical Benchmark for Intraday Traders For short-term traders, VWAP provides key insights into market behavior: Trend Confirmation: If the price is above VWAP, it indicates bullish sentiment; below VWAP suggests bearish conditions. Entry and Exit Points: Traders use VWAP as support/resistance for trade decisions. Institutional Footprint: Retail traders track VWAP to understand where large orders might be executing. Since VWAP resets daily, it remains a highly relevant indicator for gauging intraday momentum and trend strength. Calculation Where: Price = (High + Low + Close) / 3 (Typical Price for each period) Volume = The total number of shares/contracts traded in the period Understanding How VWAP is Calculated: Calculate the Typical Price (TP): TP=High+Low+Close/3 Multiply TP by Volume for each time period to get the Cumulative Price-Volume product. Sum the Price-Volume values cumulatively throughout the day. Divide by the cumulative volume up to that time. Since VWAP is cumulative from the market open, it resets at the start of each trading day. Difference Between VWAP and Moving Averages VWAP Volume-weighted Resets daily Determines fair value in a session Reacts to volume spikes Moving Averages (SMA/EMA) Equal-weighted (SMA) or Exponentially weighted (EMA) Continuous across multiple sessions Identifies overall trend direction Reacts to price changes How to Interpret VWAP When the price is above VWAP: It suggests that the market is in an uptrend, and VWAP may act as support if the price retraces. When the price is below VWAP: It signals a downtrend, and VWAP may act as resistance if the price attempts to rise. Reclaiming VWAP: If the price moves below VWAP but then breaks back above it, this could signal a bullish reversal. The opposite is true for a bearish scenario. VWAP and Market Trend Identification Uptrend: If the price remains consistently above VWAP and VWAP itself is sloping upward, the market is in an uptrend. Downtrend: If the price stays below VWAP and VWAP is sloping downward, the market is in a downtrend. Sideways Market: If the price oscillates around VWAP and VWAP remains flat, the market is range-bound. VWAP Standard Deviations (Bands) and Their Significance First Standard Deviation (VWAP ±1σ) Represents a normal fluctuation around VWAP. Prices bouncing within this range indicate balanced market activity. Second Standard Deviation (VWAP ±2σ) Suggests stronger price movement. A move beyond this level may indicate an overbought (above VWAP) or oversold (below VWAP) condition. Third Standard Deviation (VWAP ±3σ) Extreme price movement; rarely sustained. A reversion back toward VWAP is highly likely. Misinterpreting VWAP Signals Many traders assume that VWAP alone dictates market direction. However, simply being above or below VWAP does not automatically mean the market is bullish or bearish. Market structure, momentum, and external factors such as news events or institutional order flows must also be considered. How to Avoid It? Look for Confirmation: Use VWAP in combination with price action and other indicators, such as volume, market structure, and momentum oscillators (e.g., RSI or MACD). Check the Trend of VWAP: If VWAP is sloping upward and price is above it, this signals strength. Conversely, a downward-sloping VWAP with price below it indicates weakness. Observe Price Interaction with VWAP: If the price consistently bounces off VWAP and continues in the trend direction, it confirms its role as dynamic support or resistance. If the price frequently crosses VWAP back and forth without clear direction, it signals a choppy, range-bound market. Strategies VWAP Bounce If the price pulls back to VWAP and holds, traders may look for a long entry (in an uptrend) or a short entry (in a downtrend). Stop-loss orders are often placed slightly beyond VWAP in case of a trend reversal. VWAP Breakout If the price consolidates near VWAP and then breaks out strongly, traders may enter in the direction of the breakout. A sustained break above VWAP signals strength, while a break below VWAP signals weakness. VWAP as a Reversion Point Traders monitor price deviations from VWAP. If the price moves too far from VWAP, a reversion trade back toward VWAP may be expected. Key Takeaways VWAP Represents Fair Value – It calculates the average price of a security, weighted by volume, giving traders insight into where most of the trading activity has occurred. Intraday Benchmark – VWAP resets daily and is primarily used by intraday traders and institutions to assess whether prices are trading at a premium or discount. Support and Resistance Tool – VWAP often acts as dynamic support in uptrends and resistance in downtrends, helping traders make entry and exit decisions. Institutional Trading Guide – Large institutions use VWAP to execute orders efficiently, minimizing market impact and ensuring better fills. VWAP vs. Moving Averages – Unlike moving averages, which continue across multiple sessions, VWAP is cumulative from the market open and resets each day. Trend Confirmation – Price above a rising VWAP signals a strong uptrend, while price below a declining VWAP suggests a downtrend. Avoid Over-Reliance – While useful, VWAP should be combined with volume analysis, price action, and other indicators to avoid false signals. VWAP Bands for Overbought/Oversold Levels – Standard deviation bands around VWAP can help identify price extremes and potential mean reversion setups. VWAP is more than just an average—it's the heartbeat of market sentiment, revealing where true liquidity and fair value align. Stay sharp, stay ahead, and let’s make those moves. Until next time, happy trading!
CME_MINI:ES1!Education
by CandelaCharts
3
Golden Cross vs. Death Cross: What Do They Really Tell Us?Hello, traders! 🤝🏻 It’s hard to scroll through a crypto newsfeed without spotting a headline screaming about a “Golden Cross” forming on Bitcoin or warning of an ominous “Death Cross” approaching. But what do these classic MA signals can really mean? Are they as prophetic as they sound, or is there more nuance to the story? Let’s break it down. 📈 The Basics: What Are Golden and Death Crosses? At their core, both patterns are simple moving average crossovers. They occur when two moving averages — typically the 50-day and the 200-day — cross paths on a chart. Golden Cross: When the 50-day MA crosses above the 200-day MA, signaling a potential shift from a bearish phase to a bullish trend. It's often seen as a sign of renewed strength and a long-term uptrend. Death Cross: When the 50-day MA crosses below the 200-day MA, suggesting a possible transition from bullish to bearish, hinting at extended downside pressure. 📊 Why They Work (and When They Don't) In theory, the idea is simple: The 50-day MA represents shorter-term sentiment, while the 200-day MA captures longer-term momentum. When short-term price action overtakes long-term averages, it’s seen as a bullish signal (golden cross). When it drops below, it’s bearish (death cross). This highlights a key point: moving average crossover signals are inherently delayed. They’re based on historical data, so they can’t predict future price moves in real time. 🔹 October 2020: Golden Cross On the weekly BTC/USDT chart, we can clearly see a Golden Cross forming in October 2020. The 50-week MA (short-term) crossed above the 200-week MA (long-term), marking the start of Bitcoin's explosive rally from around $11,000 to its then all-time high above $60,000 in 2021. This signal aligned with growing institutional interest and the post-halving narrative, reinforcing the bull case. 🔹 June 2021: Death Cross Just months after Bitcoin’s peak, a Death Cross emerged around June 2021, near the $35,000 mark. However, this was more of a lagging signal: by the time it appeared, the sharp pullback from $60K+ had already taken place. Interestingly, the market stabilized not long after, with a recovery above $50K later that year, showing that Death Cross signals aren’t always the end of the story. 🔹 Mid-2022: Another Death Cross In mid-2022, BTC formed another Death Cross during its prolonged bear market. This one aligned better with the broader trend, as price continued to slide towards $15,000, reflecting macro pressures like tightening monetary policies and the collapse of major players in the crypto space. 🔹 Early 2024: Golden Cross Comeback The most recent Golden Cross appeared in early 2024, signaling renewed bullish momentum. This crossover preceded a significant rally, pushing Bitcoin above $100,000 by mid-2025, as seen in your chart. While macro factors (like ETF approvals or regulatory clarity) also played a role, this MA signal coincided with a notable shift in sentiment. ⚙️ Golden Cross ≠ Guaranteed Rally, Death Cross ≠ Doom While these MA crossovers are clean and appealing, they’re not foolproof. Their lagging nature means they often confirm trends rather than predict them. For example, in June 2021, the Death Cross appeared after much of the selling pressure had already played out. Conversely, in October 2020 and early 2024, the Golden Crosses aligned with genuine upward shifts. 🔍 Why Care About These Signals? Because they help us contextualize market sentiment. The golden cross and death cross reflect collective trader psychology — optimism and fear. But to truly understand them, we need to combine them with volume, market structure, and macro narratives. So, are golden crosses and death crosses reliable signals, or just eye-catching headlines? Your chart tells us both stories: sometimes they work, sometimes they mislead. What’s your take? Do you use these MA signals in your trading, or do you prefer other methods? Let’s discuss below!
Education
by WhiteBIT
4
Nvidia Posts Another Blowout Quarter. What Can Slow It Down?Hint: Not much. 🚀 Earnings So Good You Can’t Ignore ‘Em Another quarter, another jaw-dropper from Nvidia NVDA . In what has basically become a quarterly ritual at this point (congrats to all who celebrate!), Jensen Huang’s silicon empire posted revenue of $44.1 billion , soaring past the $43.3 billion consensus. That’s a 69% year-over-year gain, in case anyone’s still doing the math. Adjusted earnings of 81 cents per share also easily crushed expectations. Shares popped 5% in after-hours trading Wednesday and then pulled back a little bit during the cash session on Thursday — not quite a moonshot, but a confirmation that even if Nvidia’s guidance was meh, this earnings report was meh’gnificent. So what exactly is fueling this unstoppable juggernaut? And is there anything that could actually throw a wrench in the gears? Grab your chips (there’s your pun), let’s break it down. 💾 Data Centers: The Company’s Cash Cow If Nvidia is famous for anything, it’s that it’s really able to see the trend before the crowds pick it up. From gaming, to crypto… and now? The star of the show now is data centers. But there's not just any growth. We’re talking $39.1 billion in data center revenue, up 73% from last year. That’s nearly 90% of Nvidia’s entire business. Not exactly fans of revenue diversification, are we? Big Tech is gorging on Nvidia’s AI chips like it’s an all-you-can-eat GPU buffet. Amazon NASDAQ:AMZN , Google NASDAQ:GOOGL , and Microsoft NASDAQ:MSFT alone account for nearly half of that segment. Basically, if you’re building anything with the words “large language model,” “AI agent,” or “sovereign compute,” you’re probably writing big checks to Nvidia. 🇨🇳 About That $10.5 Billion Problem Thanks to Trump’s H20 export ban, Nvidia’s revenue from China is expected to take a $10.5 billion hit over two quarters. That’s an $8 billion crater forecasted for the current quarter, on top of a $2.5 billion gap in the previous one. Is that bad? Maybe. Does anyone care right now? Not really. Because here’s the kicker: demand outside China is so nuclear that even subtracting ten billion bucks over six months doesn’t materially derail the bullish narrative. Nvidia’s still forecasting $45 billion in revenue this quarter, which is basically flat — but considering what’s missing, that’s a win in disguise. 📦 Blackwell to the Rescue The forward guidance may have missed the Street’s expectations — Nvidia projected Q2 revenue of $44–$46 billion, versus the $45.9 billion consensus — but CEO Jensen Huang already served the antidote: Blackwell Ultra. These next-gen chips are already shipping to early customers. They promise to be leaner, meaner, and more power-efficient — basically, think McLaren but for AI accelerators. And they’re expected to ramp up aggressively in the back half of the year. That means Nvidia has a new growth lever just waiting to be pulled. Some overly bullish analysts say it could eclipse the H100’s success. 💡 The Real Moat? It’s Not Just the Chips What makes Nvidia such a rare beast isn’t just its hardware. It’s the ecosystem — CUDA, software stacks, developer tools, APIs, vertical integrations. It’s like Apple, but for the AI industrial complex. Everyone wants to build an AI empire, but good luck doing it without Nvidia’s infrastructure. It’s not just expensive — it’s essential. In the meantime, AMD NASDAQ:AMD and Intel NASDAQ:INTC are trying. There’s chatter about custom silicon from OpenAI (still a private company) and Meta $META. But for now, the moat around Nvidia looks more like a canyon. 🧨 So What Could Slow It Down? But let’s not get carried away — there are still some real risks on the radar. Here’s what might actually trip up the AI king: Geopolitical shocks: More export bans? Chinese retaliation? Taiwan tension? Any of these could make markets twitchy. Supply chain constraints: As demand grows, so does pressure on foundries like TSMC 2330 . Any hiccups in advanced packaging or wafer starts could pinch margins. Rising competition: AMD’s MI300 is no slouch. And Big Tech is building in-house chips to lessen reliance on Nvidia. AI fatigue: If the AI hype cycle fizzles out or hits a plateau (remember the metaverse?), that could cool capital spending. It only takes 3-4 tech titans to pull their capex and Nvidia’s reign is over. But until any of that materializes, the narrative for many is "Buy the dip — Jensen’s grip won’t slip." 💫 What’s Priced In? The stock’s P/E is still sky-high, and the multiple implies several more years of 50–60% annual revenue growth. That’s hard to sustain indefinitely. But then again, so was becoming the second-largest company in the world… (and the biggest one, if only for a while ) and here we are. Nvidia’s valuation is steep, but not unjustified — as long as it keeps executing. And judging by any of the previous quarters going back to 2023, execution isn’t a problem. 👩🏻‍🚀 More Than a Stock — Macro Theme At this point, Nvidia has transcended chipmaker status. It’s now a macro story. Betting on Nvidia is betting on AI. It’s betting on infrastructure. It’s betting on the next industrial revolution in software, automation, and language models. So… what can stop it? Share your thoughts in the comment section!
NASDAQ:NVDA
by TradingView
18
Forex Trading Time Zones: Market Hours and OverlapsForex Trading Time Zones: Market Hours and Overlaps In the world of forex trading, understanding the dynamics of different time zones is paramount. This article delves into the intricate web of currency trading time zones, exploring the 24-hour cycle, major trading hours, and the nuanced opportunities each presents. The 24-Hour Cycle of Forex Market Time Zones The forex market's distinctive feature of being open 24 hours a day, five days a week, is a testament to its unparalleled accessibility, dynamics, and decentralised nature. Unlike traditional financial markets constrained by fixed trading hours, the forex market operates continuously, commencing in Asia on Monday and concluding in North America on Friday. Major financial centres in different time zones steer the dynamics of the forex market, acting as the primary drivers of market activity during their respective business hours. That complex interplay creates distinct trading periods, each characterised by unique market conditions and opportunities. Key Forex Session Time Zones Knowing the trading hours of the major forex trading hours is fundamental for any trader aiming to capitalise on the dynamic nature of the market. Winter time: - London Session: From 8:00 AM to 5:00 PM UTC - New York Session: From 1:00 PM to 10:00 PM UTC - Sydney Session: From 09:00 PM to 6:00 AM UTC - Tokyo Session: From 11:00 PM to 8:00 AM UTC Summer time: - London Session: From 7:00 AM to 4:00 PM UTC - New York Session: From 12:00 PM to 9:00 PM UTC - Sydney Session: From 10:00 PM to 7:00 AM UTC - Tokyo Session: From 11:00 PM to 8:00 AM UTC Different Time Zones in Forex Trading Create Opportunities The diverse forex trading time zones offer a rich tapestry of opportunities, each session presenting distinct characteristics that traders can strategically exploit. London Session The London session time provides opportunities for traders to engage in high-liquidity markets. Currency pairs involving the euro (EUR) or the British pound (GBP), such as EUR/USD and GBP/USD, tend to be particularly active during this period. The early morning volatility during the London session trading time can be harnessed for quick trades or trend-establishing moves. New York Session As the New York session time kicks in, currency pairs involving the US dollar (USD) or other currencies of countries in the same time zone take centre stage. Pairs like USD/MXN and USD/CAD experience heightened volatility and amplified market activity. Sydney Session While the Sydney session may exhibit lower volatility, it sets the stage for the day's trading. Currency pairs tied to the Australian dollar (AUD) and the New Zealand dollar (NZD), like AUD/USD and NZD/USD, can witness initial movements during this period, creating opportunities for strategic positioning. Tokyo Session The Tokyo session focuses on the Japanese yen (JPY) pairs, offering traders the chance to tap into the unique characteristics of this market. Currency pairs like USD/JPY and EUR/JPY may see increased activity, presenting opportunities for trend-following or counter-trend strategies. Session Trading Strategies The convergence of major financial hubs during specific currency trading time zones creates a unique environment that can be exploited strategically. Let’s examine three strategies for each major forex time zone. London Session Breakout Strategy The London Session Breakout strategy is based on the significant increase in trading volume and volatility when the London market opens, specifically between 7:00 AM and 10:00 AM UTC (summer time) or 8:00 AM and 11:00 AM UTC (winter time). However, most focus is often placed on the range between 8:00 AM and 9:00 AM summer time or 9:00 AM and 10:00 AM winter time. This surge during the London trading session often leads to notable price movements, particularly in forex pairs like GBP/USD and EUR/USD, making it an ideal time for breakout strategies. Entry - Traders monitor the early London trading hours. The idea is to look for a specific range with clear high and low boundaries during this time. - They set buy stop orders slightly above the high of this range and sell stop orders slightly below the low, aiming to capture the breakout direction. Stop Loss - Stop losses are strategically placed slightly below the most recent swing low for buy positions and vice versa, offering potential protection against false breakouts. Take Profit - Some traders may prefer to close the position as the New York session begins, as reversals are common during this session overlap. - Alternatively, trailing stops might be employed to take advantage of extended price movements if the trend continues strongly after the breakout. New York Reversal Strategy The New York Reversal strategy exploits the heightened volatility and liquidity that occur at the start of the New York session. While there isn’t a perfect correlation, it’s common to see the initial London trend extended early into the New York session before a reversal, usually between 12:30 PM and 2:00 PM UTC summer time and 1:30 PM and 2 PM UTC winter time. This strategy is particularly effective due to the influx of trading activity and market orders when the US markets open. Entry - Traders often monitor the market around the first couple of hours of the New York forex session time, looking for signs of reversal. This may be a divergence between a price and a momentum indicator, a reaction from a significant support or resistance level, a candlestick or chart pattern, and so on. - Once the trader has confirmation that the London trend may be reversing, they enter a position. Stop Loss - Stop losses are generally placed just beyond the nearest swing high or low. This helps potentially protect against losses if the anticipated reversal does not occur. Take Profit - Traders frequently set profit targets at significant support or resistance levels established during the London session. - Alternatively, traders might trail their stop loss to follow the market movement and maximise potential gains. Tokyo Volatility Breakout Strategy The Tokyo Volatility Breakout strategy leverages the increased trading activity and liquidity at the start of the Tokyo session time. This strategy is best suited to JPY pairs like USD/JPY, EUR/JPY, and GBP/JPY, which often see significant price movements due to the influx of market participants at Japan’s forex market open time. Between 9:00 PM and 10:00 PM UTC summer time (8:00 PM and 9:00 PM UTC winter time), volume and liquidity dry up significantly as the New York session closes. 10:00 PM and 11:00 PM UTC summer time (9:00 PM and 10:00 PM winter time) sees some activity as Sydney session time begins, but the start of the Tokyo session forex time, between 11:00 PM and 12:00 AM, can kickstart a new trend and break out from the typical ranging conditions from the previous few hours. Entry - Traders often monitor the market and look for breakouts as the Tokyo session begins. - Bollinger Bands can be used to identify these breakouts, typically characterised by the bands squeezing together before the price closes strongly outside the upper or lower band, potentially indicating the start of a trend. Stop Loss - Stop losses are generally placed beyond the nearest swing high or low or beyond the opposite side of the Bollinger Band. This helps potentially protect against losses if the breakout does not result in a sustained trend. Take Profit - Profit targets are often set at significant support or resistance levels established in previous sessions. - Alternatively, positions might be closed at the start of the London session (around 7:00 AM - 8:00 AM UTC) to avoid potential reversals that occur with the increased liquidity and trading volume as European markets open. Tailoring Your Trading Schedule to Forex Currency Time Zones Crafting an effective trading schedule involves a personalised approach, taking into account a trader's individual location and trading style objectives. Different Trading Styles: Maximising Opportunities Forex time zones often determine specific forex rate behaviours. For day traders, the volatility and liquidity during overlapping activity can provide ideal conditions for executing rapid trades. The heightened volatility and liquidity are even more advantageous for scalpers seeking to capitalise on rapid price movements by executing trades with precision. Overlapping sessions also often mark key points where trends may continue or reverse. Traders employing trend-following or breakout-based strategies can capitalise on that momentum. Swing traders, on the other hand, who aim to capture trends over a slightly longer timeframe, may take advantage of the distinct characteristics of individual sessions, such as the so-called stability of the Sydney session or the high volatility of the London session. Economic Events and News Releases Traders also consider the timing of major data releases and align that with their specific geographic location. During the London session, major European economic indicators and policy announcements can set the tone. Then, the market may respond to data from the United States that can significantly influence USD pairs, followed by economic reports from the Asia-Pacific region. The interconnectedness of the world economy can have cascading effects on currency values across the globe. Currency Market Correlations Currency pair correlations exhibit dynamic shifts depending on the timing and may lead to specific patterns. For example, the correlation between USD/JPY and EUR/USD can shift throughout the trading day, starting from positive during the Tokyo session and then shifting into negative during European and New York trading hours. Traders can leverage correlation analysis as a powerful tool for making informed trading decisions. Final Thoughts Navigating the dynamic world of forex trading requires a multifaceted understanding of the market's 24-hour cycle, the overlapping of major trading sessions, and the intricate interplay of economic events and currency correlations. FAQ What Are the 4 Forex Sessions? The forex market operates 24 hours a day, divided into four main sessions based on key financial centres: the Sydney session forex time (10:00 PM to 7:00 AM UTC in the summer and 9:00 PM to 6:00 AM UTC in the winter), the Tokyo session forex time (11:00 PM to 8:00 AM UTC in the summer and winter), the London session forex time (7:00 AM to 4:00 PM UTC in the summer and 8:00 AM to 5:00 PM UTC in the winter), and the New York session forex time (12:00 PM to 9:00 PM UTC in the summer and 1:00 PM to 10:00 PM UTC in the winter). When Does the London Session Start? The London session starts at 7:00 AM UTC during summer and at 8:00 AM UTC during winter due to daylight saving time adjustments. This session is crucial for its high liquidity and significant overlap with other major sessions. What Time Is the New York-London Session Overlap? The overlap between the New York trading session time and the London session occurs from 12:00 PM to 4:00 PM UTC in summer and from 1:00 PM to 5:00 PM UTC in winter. Do Tokyo and London Sessions Overlap? The Tokyo and London sessions do not overlap significantly. The Tokyo session ends at 8:00 AM UTC, while the London session starts at 7:00 AM UTC in the summer. The minimal overlap from 7:00 AM to 8:00 AM UTC sees limited trading activity. In winter, sessions don’t overlap. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
5
Retro Editors' picks 2020As we move forward through time, we occasionally must look backward to evaluate our progress and address our shortcomings. For years, PineCoders has voluntarily analyzed numerous published scripts, selecting the most exceptional among them as Editors' picks . To enhance our process and spotlight more high-quality work from our community, we've conducted a comprehensive review of script publications from the past five years. Through this effort, we've identified several additional scripts that deserve greater recognition than they initially received. Below is a collection of additional scripts from 2020 that have earned a spot in our Editors' picks. These retrospective selections reflect our continued commitment to honoring outstanding contributions in our community, regardless of when they were published. To the authors of these highlighted scripts: our sincere thanks, on behalf of all TradingViewers. Congrats! Support Resistance Channels - LonesomeTheBlue BERLIN Candles - lejmer Delta Volume Columns Pro - LucF Range Filter - DonovanWall Over the next four months, in the last week of each month, we will share retro Editors' picks for subsequent years: June: retro EPs for 2021 July: retro EPs for 2022 August: retro EPs for 2023 September: retro EPs for 2024 They will be visible in the Editors' picks feed . █   What are Editors' picks ? The Editors' picks showcase the best open-source script publications selected by our PineCoders team. Many of these scripts are original and only available on TradingView. These picks are not recommendations to buy or sell anything or use a specific indicator. We aim to highlight the most interesting publications to encourage learning and sharing in our community. Any open-source script publication in the Community Scripts can be picked if it is original, provides good potential value to traders, includes a helpful description, and complies with the House Rules. — The PineCoders team
SWB:SQ6BEducation
by PineCoders
11
Is Bitcoin Ready for Its Next Leg Up? Here’s What We Know So FarBitcoin BITSTAMP:BTCUSD is so back — not just back like “we recovered the dip,” but back like “new all-time highs, let’s go shopping for Lambos on moons” back. If you’ve been following our Top Stories coverage, you’ll know that the OG token vaulted past $109,500 last week, then kissed $111,900 in “Tom Cruise falling off a building” style. Only that there wasn’t a fall to the ground. Instead, Bitcoin prices got stuck near $110,000 and are now waiting for the next catalyst. Where are we in the cycle? The memes are pumping. Maxis are chest-thumping (this one’s for you, Saylor ). And the market? Well, it’s trying to figure out if this rocket still has fuel, or if we’re hovering at apogee before gravity reminds us it’s still a thing. Let’s break down what’s really going on — with numbers, context, and just enough forecast to keep it spicy. 🚀 Bitcoin Goes Bionic Call it what you want — a breakout, a blowoff, or a moonshot — Bitcoin just rewrote the record books. The OG coin is up 48% since its April lows, a run that’s as explosive as it is poetic. Remember the bearish chants echoing when BTC dipped near $74,000 in early spring? And all those Bitcoin permabears saying it’s all going to zero? Yeah, those are suddenly hard to hear over the rocket engines. This is the moment Bitcoin believers have been waiting for. Institutional interest continues to show inflows are strong. Adoption is real and making solid progress. And price action is loud — loud enough to drown out the skeptics still quoting tulip bubbles from 1637. 💥 Why the Breakout? A Perfect Storm Looking at the fundamentals and the technicals — this wasn’t a fluke. It was a perfect cocktail of macro tailwinds, regulatory green lights, and unrelenting digital gold fever. ETF flows? Exchange-traded funds are collecting record levels of fresh capital — all eleven of them . Institutional demand? Climbing faster than Saylor can tweet. Macro backdrop? Soft dollar, muted inflation, and a shiny 90-day trade truce between the US and China paired with one between the US and the EU . Regulatory mood? A lot less hostile than the Biden administration, with a stablecoin bill clearing the Senate’s procedural vote and Texas passing a law to hold Bitcoin in its reserve fund. Bitcoin didn’t ride the wave — it was the wave. And with volatility finally working for traders, not against them, the rally gained real traction. 📉 Not All Risk is Behind Us Now before we start naming stars after Satoshi, let’s pump the brakes (just a little). The flagship crypto might be chilling around $110,000, but this asset class has the emotional range (and discipline) of a toddler. We’ve seen rallies like this before. We’ve also seen how quickly they unravel. Upcoming economic data could throw a wrench in the gears. Here’s what to watch for this week: Wednesday: Fed minutes Thursday: GDP figures Friday: Core PCE inflation Any surprises here — especially hotter-than-expected inflation or hawkish Fed sentiment — could rattle the risk-on party. Bitcoin loves liquidity. If the Fed hints at tightening, the rocket might need to refuel mid-air. 🧭 Key Levels to Watch Technically, the $111,900 print is your short-term ceiling. It’s the new line in the sand — the price everyone’s watching, waiting for a clean break or a hard rejection. On the downside, $105,000–$106,000 is developing as support. Break that, and $100,000 becomes the psychological safety net. Below that? Well, let’s not talk about it unless we have to. Until then, price is consolidating. Think of it like a pit stop — a chance for bulls to breathe, for bears to panic quietly, and for traders to argue about Fibonacci levels. 🛰️ Is $120K Next? Or Is This the Top? But let’s dig into it a little bit. The real question is whether this rally still has legs. Some traders are calling $120,000 a “magnet level.” Others are treating current prices like the top and selling into strength. The answer? Probably both. Momentum is still there — just cooled off a bit. Volume’s down slightly. Social buzz is still high up there. The market’s in a classic “wait-and-see” phase, prepping for a bigger move in either direction. What could break the stalemate? A blockbuster inflation report (bullish if soft). Another policy win from Washington. Or the most powerful force of all: a dovish stance from the man who moves markets with a simple “Good afternoon” (bonus points if you guess who that is!) 📢 Final Word: Celebrate, But Stay Sharp If you’ve been long since the dip, this is your moment. Pop some virtual (or real?) champagne. Screenshot that green PnL. Post a gif of Elon and Trump dancing. But if you’re entering now, zoom out. Yes, momentum is bullish. Yes, fundamentals are stronger than ever. But Bitcoin doesn’t do straight lines for long. And your stop-loss isn’t going to set itself. Whether $120K is next or we pull back to reset, the next few sessions will be crucial. Your move : Are you buying this breakout? Waiting for confirmation? Or just enjoying the view from orbit? Let us know how you’re playing this Bitcoin beast — because one thing’s certain: it’s never boring up here.
BITSTAMP:BTCUSD
by TradingView
36
Best Practice: Prepare, Assess, Plan Then TradeTraders are often eager to jump straight into the next trading session but this may not always be the best option to chose. It can be more beneficial to follow a regular pre-trading routine to note down important scheduled events, establish current trends, as well as meaningful support and resistance price levels, and importantly this doesn’t have to be time consuming. This is not meant to be that trading ‘holy grail’ but more of an addition to your existing trading process or plan. Having a regular routine to establish important levels, indicator set-ups and price trends to be aware of during your trading day may help you make trading decisions in a more effective way. This pre trading routine can also be helpful for traders that take longer term positions, as it’s still important to consider the longer-term weekly perspectives as well. This routine can be carried out at the weekend and then monitored and, where necessary, modified during the week as price action develops for the particular CFD(s) you are trading. 1. Keep Informed of Important Data Releases If there are several CFD’s you regularly trade and tend to stick with, make sure you have as much information about those assets as possible before you start trading. Consider utilising the Pepperstone trading calendar to help keep you informed of any economic releases/company earnings data that might impact the CFD you are trading before the week/session starts. Once you know the scheduled events ahead, you can ask yourself, Could these impact my trading? Could the market reaction to this new information increase the volatility of the CFD I am about to trade or already have a position in? How may this impact my risk? Knowing what it is expected by the market before a particular important economic data release, such as US Non-farm Payrolls, can help you assess positioning going into the release, gauge market reaction to the data, and then be prepared for any potential price sentiment change and/or increased volatility. 2. Be Aware of Potential Support and Resistance Levels Ahead of your trading day, consider running through the Pepperstone charts of the CFD’s you are considering trading and make a note of 3 support and resistance levels, that you identify as being meaningful. To help you we have set out an example Trading Template below. Daily: Level: Reason: Current Trend: Current Thoughts: Support 1st: 2nd: 3rd Resistance 1st 2nd 3rd Keep this next to your trading screen, so you are aware of particular levels that may act as support and resistance, if prices move in that direction. This can help you to improve trade entry or assist you with the placement of a stop loss or take profit order. If these levels are broken at any time, you can update the template with any new support/resistance levels during the trading period. 3. Be Aware of the Daily Trends – Focus on Bollinger Bands Using the direction of the daily Bollinger mid-average can be helpful to gauge the direction of the daily trend. If the, Mid-average is moving up = price uptrend Mid-average is moving down = price downtrend Mid-average is flat = possible price sideways range The daily and weekly perspectives are the most important to be aware of, so it can be beneficial to analyse the charts from the longest timeframe into the shortest as this allows you to build a better understanding of the dominant trends. You can also note these trends on the Trading Template, so it’s available to you when you are trading. 4. Follow the Same Process for All Other Timeframes - 4 Hour, 1 Hour, Even Shorter if it Suits Your Trading. You can carry out the routine outlined in point 3, for any timeframes you are trading. Things to note, Are there any new trends suggested within a shorter term perspective by the Bollinger mid-average? If the direction of a shorter term mid-average has changed, it may be an indication of either a change or resumption of a longer term price trend. If this trend change also looks to be resuming within the longer term perspectives, this could be a more important signal, as the resumption of an existing longer term trend may mean a more extended move in that direction. Be aware, confirmation of a price trend change within a longer term perspective might mean it could take longer and offer less trading opportunities, as initially price moves may be less aggressive in nature. 5. Where, Within the Various Timeframes is Price in Relation to the Bollinger Bands? As we have highlighted in a previous commentary (please take a look our past posts), Bollinger Bands can highlight increasing price volatility within a trend. Things to note regarding Bollinger Bands, Are the upper or lower bands being touched by prices within any of the timeframes? Within a sideways range (flat mid-average) this might suggest price has reached either a support or resistance level, with potential for a reversal. While being touched, are the upper and lower bands starting to widen which indicates increasing price volatility, or contract, which indicates decreasing price volatility? Remember - widening bands within a confirmed trend highlight increasing volatility, suggesting the current price move might continue for longer than you may anticipate, while contracting bands, point to decreasing volatility, which may lead to a reduction in a particular CFDs price movement. Do the timeframes align? If they do it may suggest a stronger trading opportunity is evident. CFDs within trending markets seeing increasing volatility tend to offer greater potential than those that aren’t. In this scenario it maybe worthwhile considering only trading with the trend, not trying to pick bottoms or tops of markets, or if you do, consider a more cautious approach to your trading by reducing the size of your position and risk. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
Education
by Pepperstone
9
Understanding How Dark Pool Buy Side Institutions AccumulateThe SPY is the most widely traded ETF in the world. Its price or value movement reflects the S&P 500 index value. It doesn't reflect the buying or selling of the SPY. You must use volume indicators and accumulation/distribution indicators that indicate whether the Buy Side Institutions are in accumulation mode, rotation to lower inventory to buy a different ETF or other instrument, OR distribution due to mutual fund and pension fund redemption demands. ETFs are one of the fastest growing industries in the US and around the world. There are more than 4000 Exchange Traded Derivatives. There are ETDs for just about anything you might wish to invest in long term or trade short term. If you trade the SPY, it is important to study the S&P 500 index, its top 10 components, how their values are changing, and resistance and support levels. SPY will mirror the S&P 500 closely but not precisely. ETFs are built with a variety of types of investments and always have a TRUST FUND, in which the components of that ETF inventory are held. The ETF Inventory is updated and adjusted monthly or sooner as needed to maintain the integrity of the ETF price value to the value of the S&P 500 index. Rules and regulations require that the ETF SPY be closely aligned to the S&P 500. So inventory adjustments are going on regularly. When trading the SPY, you must remember that it is not buyers and sellers of the ETF that change its price. Rather, it is the S&P 500 top components' price fluctuations that change the SPY price value. This is a tough concept to accept and understand. When you do understand it and apply that knowledge to your trading of the SPY, you will be far more profitable. This takes time. You also need to develop Spatial Pattern Recognition Skills so that when a pattern appears, you can recognize it instantly and act accordingly in your trading. Today we cover the resistance levels above the current price value. That resistance is likely to slow down the rapid gains in price value over the past few weeks. The ideal would be a sideways trend to allow corporations time to adjust to the new normal of whatever tarrifs are impacting their imports and exports. Then, the S&P500 move out of that sideways trend would result in a stronger Moderately Uptrending Market Condition. Trade Wisely, Martha Stokes CMT
AMEX:SPYEducation
by MarthaStokesCMT-TechniTrader
22
USDJPY – Diverging Policies Drive Yen into Pressure Zone near 14USDJPY – Diverging Policies Drive Yen into Pressure Zone near 144 🌍 Macro Landscape: JPY Stuck Between Two Diverging Forces In recent weeks, the US dollar has regained strength as the Federal Reserve remains committed to its "higher-for-longer" interest rate stance. On the flip side, the Bank of Japan (BoJ) is maintaining an ultra-loose monetary policy, widening the yield spread between the USD and JPY, and putting pressure on the yen. The surge in US 10-year yields toward 4.5% is further dampening demand for JPY as a safe haven, prompting institutional capital outflows from the yen and inflows into USD-based assets. 🏦 Central Bank Policy Divergence: Fed Remains Firm, BoJ Stays Dovish Federal Reserve: FOMC members continue to signal patience on rate cuts. Recent inflation data (PCE, CPI) shows sticky price pressure, especially in services. Bank of Japan: BoJ remains hesitant to normalize policy despite inflation consistently above the 2% target. This policy divergence is reminiscent of the conditions that pushed USDJPY above 151 last year — and current dynamics hint that history may repeat. 🌐 Capital Flows: JPY Loses Safe-Haven Appeal Global capital flow models indicate a major shift. While gold and the US dollar are once again sought-after hedges amid US-China tensions and EU fiscal risk, the Japanese yen is being overlooked. Japan’s debt-to-GDP ratio — the highest in the G7 — forces BoJ to maintain low rates to keep the fiscal structure sustainable. As a result, JPY is no longer viewed as a reliable store of safety. 📊 Technical Structure: Momentum Building Toward 144.1 On the H1 chart: Price bounced sharply from the 142.33 demand zone, forming a higher low. EMA 13 – 34 – 89 show a bullish alignment ("fan-out formation") confirming short-term bullish momentum. Resistance near 144.13–144.20 is key: a clean breakout could trigger an extended rally to 145.00+ However, this zone may also trigger profit-taking, especially if traders react to upcoming macro data. 🎯 Trade Strategy Recommendations Scenario 1 – Buy the Pullback (Preferred): Entry: 142.70 – 142.90 Stop-Loss: 142.30 Take-Profit: 143.80 → 144.13 → 144.60 Scenario 2 – Breakout Momentum Buy: Entry: 144.15 Stop-Loss: 143.70 Take-Profit: 145.00 → 145.50 ⚠️ Key Events to Watch: US PCE Price Index (April): If hotter-than-expected, this would reinforce the Fed’s hawkish tone and lift USD. BoJ Governor Speech (end of week): Any unexpected hawkish shift could trigger a short-term rebound in JPY.
Long
by MMFlowTrading
10
Trump Delays Tariffs, but Trade Tensions with EU Are Heating UpDonald Trump is back in headline mode — and this time, the EU is in his crosshairs. After weeks of relative calm, the US President reignited global trade tensions by announcing a 50% tariff on all EU imports. But in a surprise twist — and in true reality-TV fashion — he’s now pushed the start date from June 1 to July 9. So Europe gets a five-week stay of execution. Lucky? Or just stuck in limbo? Let’s dive into what it means for markets, why traders aren’t exactly panicking yet, and whether this is just another Trump bluff — or a prelude to Trade Wars, Season 2. 🍝 All EU Imports — Yes, Even the Pasta Trump’s post-holiday bombshell would slap a sweeping 50% tariff on everything from French wine and Italian olive oil to German sedans and Spanish ham. His reason? Brussels is “dragging its feet,” and Trump, never one to shy away from drama, says enough is enough. Cue the “America First” soundtrack. But with the tariff now rescheduled for July 9, markets are interpreting this as more of a pressure tactic than an immediate economic hammer. A cooling-off period? Or the calm before the tariff storm? 👀 Markets Blink — But Just Barely When the initial June 1 announcement hit Friday, Europe’s Stoxx 600 TVC:SXXP dropped about 1% — not exactly a meltdown, more like a “here we go again” shrug. US stocks , which are closed for Memorial Day Monday, had already wrapped Friday in the red. Investors were digesting the potential for yet another trade war rerun — just when things were starting to feel a bit less chaotic. The new July 9 date has offered some breathing room, but it hasn’t erased the risk. Instead, it’s created a countdown clock for volatility — one that traders can’t ignore. ⏳ Bluff or Battle Plan? Trump’s tone this time is more poker table than podium. “That’s the way it is,” he told reporters. “Our discussions with them are going nowhere!” he posted on Truth Social. “I’m not looking for a deal — we’ve set the deal: 50%.” Still, the sudden five-week delay suggests there might be some wiggle room behind the scenes. Maybe it’s about giving Brussels time to blink. Or maybe it’s about giving voters time to rally. 🧐 Should Traders Be Freaking Out? Short answer: No. Slightly longer answer: Not yet. While the tone feels sharper and the numbers bigger, traders have learned one thing about Trump: even the most dramatic threats often serve as negotiation leverage. That said, this isn't 2018. The global economy is more fragile. Rates are higher. Consumer fatigue is real. And if this escalates into tit-for-tat tariffs, the recovery narrative could hit a speed bump — just in time for earnings season. So traders should: Keep an eye on EU-exposed sectors — autos, luxury goods, industrials Monitor the FX space — especially EUR/USD volatility Watch the earnings calendar for reports from multinationals with eurozone exposure Stay alert for a potential 3 a.m. Trump pivot post And maybe keep one tab open for the Brussels response 🌱 A New Deadline, Same Old Drama So, is this real? Maybe. Is it priced in? Partially. Is it over? Definitely not. The July 9 date might delay the fallout, but it also means the headlines — and market jitters — aren’t going anywhere. Investors now have five more weeks of speculation, positioning, and potential volatility as the transatlantic trade story unfolds. And if you’re sitting on European exposure? Maybe don’t go full “buy-the-dip” mode just yet. More like a “watch the tape, prep your hedges, and don’t believe everything you read is final.” Your turn: are you fading the noise or surfing the chaos? Let us know how you’re playing the next move in this global chess match.
TVC:SXXP
by TradingView
22
SMR NNE OKLO – Breakout Setup Triggered by Nuclear CatalystNYSE:SMR is lighting up after Trump’s announcement on nuclear energy — and it’s not alone. NYSE:OKLO and NASDAQ:NNE are also setting up, but NYSE:SMR has one of the cleanest breakout structures on the board. 🔹 Catalyst: Trump’s nuclear energy announcement yesterday is putting serious momentum behind the sector. 🔹 Technical Setup: NYSE:SMR is building a textbook breakout formation, with $32 as the key breakout level. 🔹 Volume & sentiment are increasing — early signs that buyers are positioning. My Trade Plan: 1️⃣ Anticipatory Entry: I’m looking to buy the first dip before the $32 breakout — getting in early with tight risk. 2️⃣ Add on Breakout: Will scale in above $32 if volume confirms. 3️⃣ Stop Loss: Just below the recent base — staying tight on risk. Why I’m Watching This Closely: Sector catalyst + technical setup = 🔥 Nuclear names have been under accumulation, and now they’ve got a narrative tailwind. First dip after a big catalyst is often the best R/R opportunity.
NYSE:OKLOLong
by kunal00
8
GOLD Price Analysis: Key Insights for Next Week Trading DecisionGold prices surged last week, ending with a strong 3.9% weekly gain, closing around the $3,365 zone after bouncing back with conviction on Friday. In this video, I break down why gold rallied, what key events influenced price action, and how I’m reading the current chart structure to strategically position for the next move. Here’s what’s driving the gold market right now: 🔸 Moody’s U.S. sovereign downgrade reignited safe-haven demand 🔸 Easing U.S.–China tensions led to mid-week profit-taking 🔸 Friday’s sharp rebound (+1.7% intraday) shows bulls are still in the game 🔸 Upcoming high-impact events could shake things up again 🎯 In this analysis, I walk you through: 🔸My technical blueprint (key zones for buyers & sellers) 🔸My bullish and bearish scenarios based on the structure on the chart 🔔 Don’t forget to like the video in support of my work. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading. #GoldAnalysis #XAUUSD #GoldForecast #ForexTrading #TechnicalAnalysis #FedPowell #PCEInflation #FOMCMinutes #GoldPricePrediction #GoldBulls #TradingStrategy #GoldOutlook #USGDP #ForexMentor #PriceActionTrading
PEPPERSTONE:XAUUSD
by darcsherry
14
Gold at a Crossroads: Key Resistance Levels in FocusFrom the Trading Desk of InvestmentLive: Gold has struggled to sustain any meaningful downward momentum, despite our broader bearish bias on the yellow metal. After a sharp decline the week before, last week saw gold stage an even stronger recovery, pushing higher and regaining lost ground. However, this upward move was met with a significant technical barrier. Gold's rally was halted precisely at a confluence of resistance zones: the upper band of a falling channel on the weekly timeframe, intersecting with the upper band of a rising channel on the daily chart. This rare technical overlap has acted as a strong ceiling, pausing the bullish momentum for now. The chart below illustrates this confluence clearly: As seen, price action is currently squeezed between two opposing forces. A breakout above this resistance could spark a bullish continuation, while a rejection may lead to a sharp retracement—potentially all the way down to the lower boundary of the broader falling channel. How gold reacts at this level will be crucial for shaping the trading outlook for the week ahead. A decisive move in either direction could define the trend for weeks to come.
FOREXCOM:XAUUSDShort
by Sanmi
7
Technical Analysis with Elliott Waves: A Combined ApproachHello friends, Welcome to RK Charts! This Educational Post is based on technical analysis, specifically how to initiate analysis on a chart, and what points to consider. This is purely for Educational purposes. This is not a trading or investing tip or advisory. Rather, it's a comprehensive guide on how to easily analyze a chart, intended for educational purposes. I hope that by reading and understanding this post, you'll gain valuable knowledge and insights. Your focused effort to understand this will surely provide you with something valuable and easy to grasp. Let's dive in, During technical analysis, what we had observed certain points in this chart, I'm highlighting them here: 1. Resistance line breakout, where the price has closed above it. 2. The volume within that breakout. 3. The price closing above Weekly Exponential Moving Averages. 4. Elliott Wave Counts. 5. Projected Target along with Invalidation level as per Elliott Wave theory. 6. Projected Duration for Projected Targets. Breakout of Resistance zone with Good Volume intensity: So, friends, here we can clearly see on the chart that this is a weekly time frame chart of Shipping Corporation of India Limited. Over the last eleven months, from July 2024, the price has been falling, remaining largely bearish, but has now broken out of Curved Resistance Trendline for the first time with a bullish candle on Weekly (Closing basis), accompanied by good volume intensity. Alongside this, the price has sustained and closed above Major EMAs: - 50-Weekly Exponential moving average (red line plotted on the chart) - 100-Weekly Exponential moving average (blue line plotted on the chart) - 200-Weekly Exponential moving average (black line plotted on the chart) on the weekly time frame. Elliott Wave Theory: Considering the Elliott Wave structure, if we look at it theoretically, the top it made on July 2024, was the completion of Wave III. After that, it completed Wave IV in 7 swings (WXY) and is now possibly moving higher, making higher lows. It has closed above the moving averages, broken out of the Curved Trendline, and has strong volume. So, possibly, we are unfolding an impulse Wave V. In Elliott Wave Theory, the invalidation level means that the price should not go below that level, which in this case is the low of Wave IV at ₹130. If the price goes below that level for any reason, even by a single point, our wave counts will be invalidated, and we'll have to re-analyze the chart. That's why we call it the invalidation level. Analysts and traders also refer to it as a stop-loss level. So, in Elliott Wave Theory, our wave counts remain valid as long as the price stays above the invalidation level and doesn't trigger it. Now, regarding the target, if we take the measurement of Wave IV and calculate its 1.236 level, the target for Wave V should be above the high of Wave III. According to Elliott Wave Theory, the projected target for Wave V is near ₹440, which is the 1.236 Fibonacci level. Projected Duration for Projected Targets: In the chart analysis we conducted, where we prospectively projected a target, if everything goes right and the invalidation level is not triggered, what could be the duration of this target? It will definitely take more than a medium-term duration, maybe even a long-term duration. This is because each candle represents a week, and we're currently looking at the weekly time frame. Since the fourth wave has just ended and the fifth wave is upcoming, it will take a long-term duration I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:SCIEducation
by RK_Chaarts
12