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USD/JPY Market Update: Support Holds and Resistance Levels AheadUSD/JPY has held firm at the support level and is now returning to a buy zone. Currently, the market is at 156.500, with the next resistance level set at 159.000. I’ve explained the market clearly in my chart analysis for easier understanding. If anyone has questions, feel free to ask in the comments or send me a message in my inbox. Thank you for your support—like, comment, and follow for more updates!
by MrStellanSight
Gold Price Forecast: Key Levels to Watch !!Gold Price Analysis: 🔑 Key Zones and 📉 Potential Reversal at MA200 1️⃣ Resistance Zone 🟥: The red-highlighted area marks a strong resistance zone. A breakout 🚀 above this level could lead to bullish momentum. 2️⃣ Liquidity Zones 💧: The "In LQ" region shows where liquidity may be resting, suggesting possible retracements or reversals near this point. 3️⃣ 200 EMA Support 📊: The MA200 (2,734.059) is a critical support level. A breakdown 🔻 here could send prices lower, testing further support levels. 📈 Potential Scenarios: 🔼 Bullish: Break above resistance 🟥 with higher highs. 🔽 Bearish: Rejection from resistance 🟥 leading to a drop toward the MA200 support 📉. Watch these levels closely! 🔎
OANDA:XAUUSD
by MrStellanSight
1
USOIL remains under pressure USOIL remains under pressure, with the price approaching the support-turned-resistance zone at 72.00, which coincides with the 100% Fibonacci extension level. A reversal below the 72.00 resistance could prompt a further decline and a potential retest of the 66.00 support zone. The Ichimoku cloud also shows bearish pressure, indicating the potential for a further decline. Conversely, a break above 72.00 could prompt a further rise, with 75.00 as the next potential resistance. Analysis by: Li Xing Gan, Financial Market Strategist at Exness
TVC:USOILShort
by lixing_gan
GOLD UPDATE 17/7 WEEKplan gold this week please. The trend continues to support gold's price increase in the weekly candle frame, the weekly candle closes, but the force is increasing gradually. Moreover, gold has not tested the weekly top once again from the long slide above the 208x level, so now continue. continue to hit the gold up according to the previous big frame trend. In the short term, there are two buy zones: 50 53 and 45 43. In addition, last month's CPI and PMI data were much worse than expected, causing large RMB to expect that the FED will not raise interest rates at least for the next 12 months to maintain a stable economy. ----- In addition, in my experience, Friday decreases, Monday increases all day.
FOREXCOM:XAUUSDLong
by HOAIGOLD
1