Forexanalysis
DXY AnalysisOn the weekly chart, the price has formed a new trading range. We mark it out and move down to the daily timeframe.
After the correction, the price reacted from an inefficiency zone, showing buyer interest.
At the moment, I’m considering two bullish scenarios:
1️⃣ An impulsive breakout of the daily FVG zone followed by an expansion of the current range.
2️⃣ A reaction from the FVG zone, then a sweep of Friday’s low, after which the price could resume its upward movement.
I see the second scenario as more likely, as it would allow the market to collect liquidity before continuing higher.
GBPUSD Shooting Star Near Resistance Lines – Short Opportunity?Today, I want to share a potential Short opportunity on the GBPUSD ( FX:GBPUSD ) pair.
GBPUSD , as I expected in my previous idea , reached its target .
At the moment, GBPUSD has broken through a Support zone($1.340-$1.333) , but overall it is still moving within a Heavy Support zone($1.343-$1.313) and is near Resistance lines .
From a candlestick pattern perspective , it looks like GBPUSD is forming a Shooting Star near these Resistance lines .( To confirm the Shooting Star pattern, we need to wait until the end of the last 4-hour candle)
In terms of Elliott Wave theory , it seems that GBPUSD has completed wave 4 , and we should be looking for the start of wave 5 soon .
I expect GBPUSD in the coming hours to at least retest the 200_EMA(Daily) . If that breaks, the next target would be the Support lines , and if those support lines break, we could even see a move down to the Heavy Support zone($1.343-$1.313) .
Stop Loss(SL): 1.3412 USD
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British Pound / U.S Dollar Analysis (GBPUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
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Forex Market Outlook | GU, UJ & Gold Analysis | Oct 13–17In this weekend’s Market Outlook, we break down the big moves from last week and share what to watch for in the coming week (Oct 13–17). We’ll look at GBP/USD, USD/JPY, and XAU/USD side by side, combining fundamentals (news, sentiment, data) with technicals (key price zones and chart setups).
By the end of this video, you’ll understand:
✅Why did the USD gain strength despite the government shutdown?
✅The key levels to watch on GBP/USD, USD/JPY, and Gold.
✅How upcoming events like Powell’s speech, UK jobs data, and U.S. inflation could move the markets.
⚠️ This isn’t a signal service; it’s my personal trading map, shared to help you think and trade smarter.
🔔 I’ll also be dropping updates in the comments section as the week unfolds, so keep an eye there for my real-time thoughts.
Long Bias Maintained – Waiting for LTF Confirmation from Demand Hello Traders,
I hope you're all doing well.
Reflecting on this pair: although price action moved in our favor yesterday, we didn’t get a valid entry. Today, I’m maintaining the same bullish bias and will look to go long from the recent demand zone, provided we get confirmation on the lower timeframes (LTF).
Let me know your thoughts on this analysis.
Happy trading!
EURUSD Outlook: Dollar Dominance Extends as Euro WeakensThe EURUSD pair remains under downward pressure as investors continue favoring the U.S. dollar amid global economic uncertainty. The Federal Reserve’s consistent stance on keeping interest rates higher for longer has reinforced the dollar’s appeal, while weak Eurozone data — including sluggish industrial output and fading consumer confidence — has weighed on the euro’s recovery.
Market sentiment shows limited bullish strength for the euro, with traders closely monitoring upcoming U.S. inflation and ECB policy comments. Unless the Eurozone presents stronger economic momentum or fiscal support, the euro is likely to remain on the defensive.
Overall, the fundamental tone supports continued USD dominance. The broader market structure reflects bearish tendencies for EURUSD in the medium term, with investors preferring dollar exposure as a safer bet amid global uncertainty.
XAUUSD Outlook: Bullish Leg in Play, But Patience PaysHello Traders 👋
Hope your week is off to a strong start!
In last week’s analysis, price respected the continuation demand zone—right in line with the bullish sentiment we observed around gold. That zone held beautifully.
Now, price has broken above the Buy Side Liquidity (BSL), forming a fresh bullish leg. However, before jumping into any buy trades, it’s wise to wait for price to mitigate the nearby continuation demand zone and look for confirmation on the lower time frame (LTF) before entering.
Let’s stay patient and let the market come to us. Trade safe and stay disciplined 💪
XAUUSD | Bulls Maintain Weekly ControlGold continues to display firm momentum as investor confidence remains stable despite short-term fluctuations. The latest weekly candle structure shows price holding within a steady consolidation range, signaling accumulation rather than weakness. Market behavior suggests large participants are preparing for another expansion phase after absorbing liquidity in the lower zones.
Institutional interest remains evident, with consistent buying pressure observed on dips, indicating sustained optimism for further growth. The current behavior aligns with broader market sentiment favoring safe-haven assets amid global uncertainty. Overall, Gold retains its dominance as capital flows stay supportive of the uptrend, positioning the metal for renewed strength in the upcoming sessions.
DXY Ready for Next Bullish Leg After Liquidity SweepDollar Index maintaining bullish structure after recent BOS on 3H timeframe.Market formed consolidation phase early October before expansion.Buyers showing control pushing price towards 100.57 objective.Current retracement indicates liquidity grab before next bullish impulse.Demand zone 98.50–98.80 remains key area for continuation.Technical sentiment stays positive as long as price holds above 98.50.Fundamentally, dollar supported by strong U.S. data and cautious global tone favoring safe-haven demand.Momentum outlook remains bullish with potential continuation toward 100.50+ zone.
Rising Diagonal Pattern Near CompletionAUD/USD Elliott Wave Analysis – Rising Diagonal Pattern Near Completion
Overview
The AUD/USD pair has formed a clear ending diagonal pattern, signaling potential exhaustion of the current bullish trend. This structure, often seen at the final stage of an impulse wave, suggests that a corrective phase may soon follow. The diagonal appears complete with all five internal waves labeled (I-V), indicating that the market might be preparing for a deeper pullback.
Technical Analysis
According to the Elliott Wave structure visible on the 6-hour chart, AUD/USD completed its fifth and final wave near the 0.67 region. The wedge pattern is now narrowing, with bearish divergence hinting at weakening bullish momentum.
Wave Structure:
Wave I started the diagonal formation, initiating the rising trend.
Waves II and IV acted as corrections, forming higher lows.
Wave V extended slightly but failed to make a strong breakout, suggesting exhaustion.
The price currently trades near 0.6560, with a potential retracement zone between 0.6450 and 0.6500. This range coincides with a strong demand zone and the lower boundary of the diagonal pattern. A pullback into this area could complete the corrective (A)-(B)-(C) structure before the next major directional move.
Key Levels
Support Zone: 0.6450 – 0.6500
Immediate Resistance: 0.6650 – 0.6680
Breakout Confirmation: A sustained break below 0.6450 could confirm the end of the diagonal and open the door toward 0.63 in the medium term.
Invalidation: A breakout above 0.67 would invalidate the bearish correction scenario.
Market Outlook
The diagonal’s completion suggests that the pair may enter a short-term correction phase. However, traders should monitor price action near the support area before confirming the next trend direction. If buyers defend the 0.6450 zone, a rebound toward 0.6650 is likely. Conversely, a clear break below the wedge would strengthen bearish momentum.
Given the overall wave count, the market is likely in transition between an impulsive and a corrective phase. Patience is crucial at this stage, as the next few sessions will determine whether the larger uptrend resumes or a deeper retracement unfolds.
Impulse and Correction — XAUUSD-GOLD InformationElliott Wave Perspective on Gold
Gold is now testing the $4,000 level, marking one of its historic highs. On a yearly basis, the metal has been in a strong uptrend for a long time. But Elliott Wave Theory reminds us: no impulse lasts forever — every rally hides a correction.
At some point, this climb will lose steam and give way to a pullback. The real question is when — and that timing is known only by the market movers. Elliott’s structure shows us probabilities, not certainties.
👉 Consider this purely educational and informational. One day we will see sharp drops in gold, because just as every relentless rally comes with a relentless fall, gold is no exception.
💬 My friends, every single like from you is my biggest motivation to keep sharing these analyses. Thank you to all who support me with your likes.
AUD/USD 4HR Trendline Breakout Long Setup. Daily Continuation.I will be entering a long trade at the close of the current daily candle on AUD/USD.
Stoploss and take profit provided. With this one management will be if the market does not trade through the target area by daily candle close on Thursday then I will close the trade manually.
Simple trading execution and plan.
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Gold continues its strong uptrend, printing new highs, but price action now shows signs of overbought conditions.
It appears that the bullish rally may pause for a short-term correction before resuming its upward momentum.
In this zone, we expect gold to form a new short-term high near the upper boundary of the ascending channel, followed by a pullback toward the highlighted support areas.
The overall long-term trend remains bullish — it’s better to avoid selling and instead look for buying opportunities during corrective moves.
What do you think — will gold continue its rally after this correction?
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