ASX Weekly Market Wrap: XJO, LYC, CBA, BHP, CSL, ANZ, WDS, EOSIn this week’s market analysis of the Australian market , we break down key price movements and trends across the #ASX, with a close look at the XJO and standout stocks like Lynas Rare Earths (#LYC), Commonwealth Bank (#CBA), BHP Group (#BHP), CSL Limited (#CSL), ANZ Bank (#ANZ), Woodside (#WDS), and EOS (#EOS).
We explore current momentum, trend direction, and price action indicators to help you understand Aussie market developments. Whether you're paper trading or keeping track of market trends, this is your essential guide for the week ahead.
*Apologies for the incorrectly dated chart of 2027! We are not there yet! 😅
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BITCOIN (BTCUSD): Important Breakout
Bitcoin broke and closed above a major resistance cluster
based on a previous ATH.
A confirmed break of structure indicates a highly probably bullish continuation.
The next resistance is 128000.
It might be the next goal for the buyers.
❤️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.
TOP down analysis and Scaling the Range setups.Hey whats up traders,
lets have a look to the Timeframe alignment's, its a key point to clarity in the setups. Price is fractal and what is happening on one timeframe we can find on lower timeframe also.
📌 Why it's important to use correct timeframes?
- We should use timeframes based on what type of traders we are, not just random.
- We cant trade M5 reversal from Monthly etc. There must be structured approach.
🧪 Know yourself
Based on your lifestyle, patience. Decide how much time you want to give to trading.
But remember - Trading is not employment. You are paid for best decisions & being in the right position, not for your time and effort. More trades are not equal more profits. Full time trading and day trading doesn't mean trading every and sit whole day behind PC.
🧪 What type of trader you are ?
• Position Trader - Trade the monthly range.
• Swing Trader - Trade the weekly range.
• Short Term Trader - Trade the daily range.
• Day Trader or Intraday Trader - Trade the daily candle's range.
• Scalper - Trade the hourly range.
🧩 Im mentioning ranges, because it's core of mechanical strategy, which I explained in the post below. 🔗Click to the picture below to learn more 👇
‼️ When analyzing the market don't start, just with the range. It's just one element of the trade. We need to understand whole market context. Always go step by step , rule based analysis of trade elements with correct timeframe sequences.
🧪 Timeframes of trade elements
• Trend / Bias - Higher Timeframe
• Ranges - Higher Timeframe
• Key Levels - Higher Timeframe
• Structure - Intermediate Timeframe
• Profiling AMD - Lower Timeframe
• Order Flow / Entry - Lower Timeframe
📌 Bullish Scenario 📌 Bearish Scenario 🧪 Whats your timeframes?
Position Trader - Monthly Key Level + Range- Daily Structure - H4 Profiling + Entries
Swing trader - Weekly Key Level + Range- H4 Structure - H1 Profiling + Entries
Short term Trader - Daily/H4 Key Level + Range- H1 Structure - M15 Profiling + Entries
Day Trader / Scalper - H1 Key Level + Range- M5 Structure - M1 Profiling + Entries
Im most confident in Swing Trading and Short term trading, hence I trade Weekly and Daily ranges. I use monthly ranges for HTF bias, but I will explain this later.
🧩If you apply these timeframes correctly, you will be easily buying lows and selling highs. I have explained this in this post below.
🔗Click to the picture to open lean more 👇
This framework by itself is good enough to be successful in the trading. I suggest you to create your own trade checklist and do always step by step analysis. Remember nothing comes easy to master anything takes time you need to give it at least 6 months, without jumping from strategy to strategy. Use Trading journal to collect information, without it you will not improve and will repeat the mistakes. To fasten the process run backtests at least 300 examples.
🧩Dont forget that whole concept is based on the liquidity, you must understand it also. I have explained in this post. 🔗Click to the picture to open lean more 👇 🧪 Power of scaling
If we look to the 1 minute chart and Monthly chart we will not recognize what chart it is. Patterns are playin on all timeframes. That is why is 100% mechanical approach based on liqudity and candles - Open , High, Low, Close powerful. What Im going to show you now you cant be achieved with diagonal drawings or random patterns.
📍First lets start with our basic knowledge
If the range is manipulated the CLS sequence is suggesting that opposing side of the range will be reached. It can be by just quick move - Model 1, or we can get Model 2 opportunity.
📍 Bullish continuation setups
Model 1 - Entry after manipulation - 50% target
Model 2 - Entry on pullback on level between 61.8 - 80% pullback 📍 Bearish Continuation setups
Model 1 - Entry after manipulation - 50% target
Model 2 - Entry on pullback on level between 61.8 - 80% pullback 🧩Dont forget that best enties comes in trend on the right pullbacks.I have explained in this post. 🔗Click to the picture to open lean more 👇 🧪 Now lets use this knowledge as a fractal
I have clarified our Range timeframes for each type of trader, but you definitely should not skip bigger timeframes even if it's not your timeframe. Knowing the sequence from HTF give us a bias perspective so we can trade LTF ranges within HTF Range Models.
📍 Bullish LTF Range within HTF Range
Analyze HTF range and define models, then drop it to your TF and trade your ranges with the HTF range. Always follow the same process only on the LTF - Lower timeframe. 📍 BearishLTF Range within HTF Range
Analyze HTF range and define models, then drop it to your TF and trade your ranges with the HTF range. Always follow the same process only on the LTF - Lower timeframe. Now, practice that, you have one trading framework which you can apply to all timeframes and scale it down, means you are looking at the markets with always same approach and this receptiveness give you confidence and clarity = MASTERY ✨Trading Mastery is reflection of your life
Have a longterm plan, No Alcohol & Drugs, Ignore others, Focus on your journey , Backtest regularly, Review your weeks, Journal mistakes, Exercise, Sleep well, Read books, Walks in nature (no phone) , Meditate, Reduce social media time, Spend time with family, Live Life.
Trading is hard, but not impossible. I believe in you 💪
David Perk aka Dave Fx Hunter
Micron: AI Memory Powerhouse Amid #AI and #TechnologyMicron: Undervalued AI Memory Powerhouse Amid #AI and #Technology Trends Explosion? $175 Target in Sight?
Micron (MU) shares hit a new 52-week high of $158.28 today, up 1.2% amid surging AI data center demand and institutional buying, with the stock soaring 86.8% YTD on memory chip tailwinds.
As Q4 fiscal 2025 earnings loom on September 23—projecting 58% EPS jump to $1.29 on $8.7B revenue—analysts have hiked targets to $175, implying 10%+ upside. Just as #AI racks up 17K mentions and #technology trends with 46K on X today (fueled by AI video generators and chip hype), Micron's HBM3E tech for Nvidia GPUs positions it as the undervalued play in the $200B+ semiconductor memory market.
But with forward P/E at 12x, is MU set to ride the AI wave higher, or will supply gluts cap the rally? Let's unpack the fundamentals, SWOT, charts, and setups for September 17, 2025.
Fundamental Analysis
Micron's resurgence is driven by AI hyperscaler demand for high-bandwidth memory (HBM), with Q2 fiscal 2025 revenue hitting $9.3B (up 93% YoY) and data center sales doubling to $2.2B.
Analysts forecast 2025 revenue of $38.5B (up 50% YoY), as HBM capacity ramps to 250K wafers amid #AI trends exploding on social media. Trading at 18% below fair value per DCF, MU's undervaluation shines with gross margins rebounding to 37%—but cyclical DRAM risks could flare if PC demand softens.
- **Positive:**
- AI boom ties into today's #technology hype, with HBM3E sales projected at $2.5B in FY2025; institutional stakes rising signal confidence.
- Q2 EPS beat of $1.18 (vs. $1.00 est.) and $1.6B FCF undervalues the stock at 12x forward earnings vs. sector 25x.
- Broader trends in edge AI and automotive chips position MU for 20%+ CAGR, amplified by #AI video generator virality.
- **Negative:**
- Inventory overhang from prior cycles could pressure pricing, clashing with #technology optimism if China trade tensions escalate.
- High capex ($8B annually) strains balance sheet if AI adoption slows amid economic jitters.
SWOT Analysis
**Strengths:** Leadership in DRAM/NAND with 20%+ market share; AI-optimized HBM tech generates 50%+ gross margins, amplified by #AI relevance in data centers.
**Weaknesses:** Cyclical exposure to consumer electronics; $7.8B net debt limits agility in a volatile #technology market.
**Opportunities:** HBM ramp to meet Nvidia/AMD demand unlocks $5B+ revenue; undervalued at 12x P/E amid 58% EPS growth and #AI boom on X.
**Threats:** Supply chain disruptions from geopolitics; competition from Samsung/SK Hynix capitalizing on #technology trends.
Technical Analysis
On the daily chart, MU is in a parabolic uptrend, breaking 52-week highs after consolidating above $140 support, with volume exploding on AI news and mirroring #AI volatility spikes. The weekly shows a cup-and-handle breakout from summer lows, now accelerating higher. Current price: $158.28, with VWAP at $156 as intraday pivot.
Key indicators:
- **RSI (14-day):** At 74, overbought but fueled by momentum—watch for consolidation amid #technology surges. 📈
- **MACD:** Bullish crossover with surging histogram, confirming AI-driven acceleration; minimal divergence. ⚠️
- **Moving Averages:** Price crushing 21-day EMA ($145) and 50-day SMA ($130), golden cross locked in.
Support/Resistance: Key support at $150 (recent breakout and 50-day SMA), resistance at $165 (Fib extension) and $175 (analyst target). Patterns/Momentum: Cup-and-handle targets $200; strong buy signals. 🟢 Bullish signals: Volume on earnings hype. 🔴 Bearish risks: Overbought RSI could pull back 5-8% on profit-taking.
Scenarios and Risk Management
- **Bullish Scenario:** Smash $165 on earnings beat or #AI catalyst targets $175 short-term, then $200 by year-end. Buy dips to $150 for entries tied to tech trends.
- **Bearish Scenario:** Breach $150 eyes $140 (200-day EMA); supply news amid #technology fade could retrace 10%.
- **Neutral/Goldilocks:** Range-bound $150–$165 if data mixed and #AI cools, ideal for straddles pre-earnings.
Risk Tips: Set stops 3% below support ($145.50) to tame volatility. Risk 1-2% per trade. Diversify with NVDA or SMH to hedge semi correlations.
Conclusion/Outlook
Overall, a bullish bias if MU holds $150, supercharged by today's #AI and #technology trends, cementing its undervalued status with 40%+ upside on memory demand. But watch September 23 earnings for confirmation—this fits September's chip rotation amid viral AI hype. What’s your take? Bullish on MU amid #AI chip trends or fading the rip? Share in the comments!
GBPCAD Technical Analysis! BUY!
My dear subscribers,
This is my opinion on the GBPCAD next move:
The instrument tests an important psychological level 1.8738
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.8766
My Stop Loss - 1.8722
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURUSD Massive Long! BUY!
My dear friends,
My technical analysis for EUR/USD is below:
The market is trading on 1.1659 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1691
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
AUDCHF My Opinion! SELL!
My dear friends,
AUDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.5268 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.5260
Recommended Stop Loss - 0.5273
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
SILVER BEST PLACE TO SELL FROM|SHORT
SILVER SIGNAL
Trade Direction: short
Entry Level: 4,834.9
Target Level: 4,657.5
Stop Loss: 4,952.1
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
AUD/NZD BEARS ARE STRONG HERE|SHORT
AUD/NZD SIGNAL
Trade Direction: short
Entry Level: 1.134
Target Level: 1.133
Stop Loss: 1.135
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
CAD/CHF SHORT FROM RESISTANCE
Hello, Friends!
Bearish trend on CAD/CHF, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 0.570.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBPUSD: Neutral-Bearish! Wait For Bearish BOS, Then Sell It!Welcome back to the Weekly Forex Forecast for the week of Oct. 6 - 10.
The GBPUSD is in consolidation. Just like the EURUSD. With a bearish SMT highlighted, I like GU for sells more than EU.
Wait for the bearish MSS, and then look for valid sell entries.
No confirmation, no trade!
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
NZD/CAD BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
NZD/CAD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.814 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CAD pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
PPL Technical Analysis: Bullish Setup in PlayPPL (Pakistan Petroleum Limited)
Price is moving within an ascending channel and currently sitting at the Fibonacci golden zone. It’s also trading above a strong support area that had previously acted as major resistance.
The stop loss is placed below the recent higher low. Buy 2 is positioned near the confluence of horizontal support, channel support, and the rising trendline in case of a pullback. RSI is in sync, and price is trading above the 50 EMA — a level it has historically respected. It’s also holding above the golden cross, adding further strength to the bullish bias.
The first target aligns with the recent resistance, which also sits around the all-time high. A strong close above that zone, supported by healthy volume, could open room for an extended move upward.
Recommended Levels:
Buy 1: 199.66 (CMP)
Buy 2: 195.00
Stop Loss: Closing below 188.00
Take Profit 1: 210.00
Take Profit 2: 222.00
Take Profit 3: Ride the trend with a trailing stop
Potential remains strong as long as price sustains above the horizontal support and rising trendline. Happy trading!
AUDUSD - Steady Uptrend with Strong Support ? 👋Hello everyone, what do you think about the trend of OANDA:AUDUSD ?
AUDUSD has maintained a steady uptrend over the past few months, primarily consolidating in a defined price channel, with the price holding above key support levels. Technically, the pair is currently testing the support zone that aligns with the ascending trendline. This trendline has proven to be a reliable support in the past and continues to be a focal point.
On the other hand, the Australian dollar benefits from a favorable economic outlook and rising commodity prices, which bolster investor confidence in the currency. Meanwhile, the U.S. dollar remains under pressure due to concerns over economic growth and the potential policy adjustments by the Federal Reserve.
With these two factors in play, I remain optimistic about this currency pair. 💬How about you?
USDJPY - Strong Rise as the New Week Begins👋Hello everyone, let's dive into FX:USDJPY !
USDJPY has recently shown significant upward momentum. While the USD has faced some challenges lately, it is still outperforming the Japanese yen due to Japan's economic difficulties and lower interest rates. This fundamental driver has led to a strong push as the new week begins.
On the chart, we can see that USDJPY has bounced sharply from the lower trendline area and formed a large gap. The price is now facing nearby resistance, and personally, I believe USDJPY may experience a slight pullback to fill the gap before the current trend continues.
If the price holds above the trendline, I’m still betting on a breakout, with the target being the highs above the resistance zone.
💬What do you think about USDJPY? Will it continue to rise, or could a pullback occur due to USD weakness?
Gold steady around $3,970 – Short-term correction risk📊 Market Overview
Gold (XAU/USD) is trading around $3,965–$3,970 after setting a new all-time high at $3,977. Buying pressure remains dominant, yet momentum is slowing as the U.S. Dollar Index rebounds to 100.5 and the 10-year Treasury yield ticks higher.
Overall sentiment stays bullish as traders anticipate Fed rate cuts and remain cautious over geopolitical risks.
📈 Technical Analysis
• Trend: Strong uptrend, but RSI (H1) > 70 → short-term correction risk.
• EMA50 (H1): Still sloping upward, confirming medium-term bullish bias.
• H1 candle shows a long upper wick near 3978, signaling profit-taking pressure.
Resistances:
1️⃣ $3,975 – $3,980 (ATH zone, strong supply)
2️⃣ $3,988 – $4,000 (psychological extension)
Supports:
1️⃣ $3,960 – $3,953 (immediate reaction zone)
2️⃣ $3,945 – $3,938 (EMA50 H1)
3️⃣ $3,920 – $3,915 (medium-term support)
💡 Outlook
Gold remains in a firm uptrend but faces heavy resistance around $3,975–$3,980. A short-term pullback toward $3,950–$3,945 is likely before the next upward leg.
If price breaks and closes above $3,980 (H1), the uptrend may extend toward $4,000–$4,020.
🎯 Suggested Trading Strategies
🔻 SELL XAU/USD: 3403–3406
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 3409
🔺 BUY XAU/USD: 3955–3952
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 3949