Support and Resistance
Nas100 – Today's Trading Zones Analysis 17 sep.Trading Zones
As price trades around all-time highs, the amount of historical data to build strong zones is limited. This makes the current levels less reliable, and traders should approach them primarily as guidance rather than decisive turning points.
Zone 1 – All-Time High / Yesterday’s High:
This area marks the recent record peak. While it can act as resistance in the short term, its strength is uncertain due to limited data. Price reactions here may be volatile and driven more by sentiment than structure.
Zone 2 – Yesterday’s Low:
A lighter support level that can provide intraday reactions but lacks deep structural confirmation. Best used as a reference point rather than a major decision area.
Zone 3 – Strong Support / High Profitability for Momentum:
This is the most significant zone on the chart, where strong buyers have previously stepped in. It carries a higher probability of triggering a strong reaction. That reaction could unfold as a bounce higher if demand holds, or as a sharp move lower if the zone breaks decisively.
All eyes are on today’s Fed meeting , where markets widely expect a 25bp rate cut. While the move is largely priced in, the real focus will be on Powell’s tone and the updated dot plot, which will guide expectations for the pace of easing ahead. Sentiment in the US100 remains cautiously optimistic, supported by strong tech momentum and softer inflation data, but with price trading at record highs, volatility is likely to spike if the Fed delivers any surprises.
Will Gold reach 3700 again?? The bulls remained in control of gold on Tuesday as the precious metal rallied to a new record high of $3,705. The day established both a higher high and a higher low, following Monday’s breakout from a tight four-day sideways range. A daily close above prior highs confirmed the breakout yesterday, and today’s session looks set to reinforce that strength. If gold closes above Monday’s $3,679 finish, it will mark the highest daily close ever, further underlining bullish momentum despite today’s relatively narrow range.
EUR/JPY: Triangle Tension Nears BoilBanging up against resistance within an ascending triangle, traders should be on alert for a possible bullish breakout in EUR/JPY.
A clean break above 173.90 could see longs established with a stop beneath for protection, looking for either 174.50 or the July 2024 swing high of 175.42, depending on desired risk-reward from the setup.
Slight negative divergence with RSI (14) is a minor concern, although the message is still one that favours upside over downside, especially with MACD trending further into positive territory having already crossed the signal line from below.
While longs are favoured, if the pair can’t clear 173.90, the setup could be flipped with shorts established beneath the level with a stop above for protection. Possible targets include uptrend support/50DMA along with minor support levels at 172.13 or 171.00.
Good luck!
DS
AUDUSD InsightHello to all subscribers.
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Key Points
- José Luis Escrivá, Governor of the Bank of Spain, said regarding Eurozone inflation: “There is still a lot of uncertainty. The scenario we considered most likely is unfolding, but that does not mean unexpected situations will not arise,” signaling a hawkish view.
- Steven Myron, a member of the White House Council of Economic Advisers, has been appointed as a Federal Reserve Board Governor and will attend this FOMC meeting. The market is balancing concerns over the Fed’s independence with expectations of rate cuts.
- Markets are focused on whether the Fed’s dot plot will signal just two rate cuts this year or increase to three cuts.
Major Economic Events This Week
+ September 17: Eurozone August CPI, Bank of Canada rate decision, FOMC results
+ September 18: Bank of England rate decision
+ September 19: Bank of Japan rate decision
AUDUSD Chart Analysis
After breaking above the 0.66000 level, the pair climbed to 0.67000. While there was a possibility of a short-term pullback in this zone, the current trend suggests the uptrend is likely to continue. The most probable target for the next high is around the 0.69000 level.
Trading opportunities after gold breaks through 3700.Gold Analysis for September 16, 2025
Core Dynamics and Drivers
Spot gold continued to hit a record high of $3,702.93.
Main Factors:
1. Expectations of a Federal Reserve Rate Cut: The probability of a September rate cut is 96% (88.1% for a 25 basis point rate cut and 11.9% for a 50 basis point rate cut), with a potential 75 basis point cut this year.
2. A Weaker US Dollar + China's Central Bank Gold Purchases: The US dollar index fell to a low of 96.75. The People's Bank of China increased its gold holdings for 10 consecutive months. In the second quarter of 2025, global central banks net purchased over 5.3 million ounces of gold.
3. Safe-haven Demand: The situation in the Middle East and Trump's intervention in Fed policy have boosted risk aversion, leading to a 41% year-to-date increase in gold.
Key Technical Signals
Daily K-line: Breaking through $3,700, with trendline support at $3,620. The 5- and 10-day moving averages are in a bullish formation, and the RSI is above 75 (overbought, but the MACD shows no divergence, indicating strong bullish momentum). 4-Hour K-line: Correction after breakout, support at $3,680-3,690 (previous resistance), resistance at $3,700-3,705 (historical highs), upper Bollinger Band opening at $3,710, indicating an intact upward trend.
Weekly: Seven consecutive weeks of gains, breaking through the $3,500 level, forming a head-and-shoulders bottom pattern, with targets at $3,800-4,000, and key support at $3,500 (neckline).
Funds and Sentiment
Global gold ETFs saw net inflows of $5.5 billion in August (led by North America and Europe), with domestic ETF shares increasing by 429 million contracts in a single month; the CFTC's net long position reached 168,000 contracts (a new high for 2024).
The Global Risk Index (GPR) rose to a 2024 high, with Goldman Sachs warning that gold prices could soar to $5,000 if the Federal Reserve's credibility is damaged. Market Strategy and Risks
Key Event: Federal Reserve Interest Rate Decision Statement (focus on the extent of the rate cut, dot plot revisions, and inflation language).
Trading Recommendations:
Short-term intraday: Open a short position between $3690 and $3695, targeting $3660 and $3640, with a stop-loss at $3705.
Medium-term: If the price pulls back to $3600-$3620, establish long positions in batches based on ETF holdings, targeting $3800.
Conclusion
Gold has reached new highs due to the combination of rate cut expectations, a weakening US dollar, central bank gold purchases, and geopolitical risks. The technical outlook shows a clear bullish trend. Focus on a breakout above $3700 in the short term, while positioning for a medium- to long-term position at $3600. Fed policy is key to the direction of the market, and a pullback could present a medium- to long-term investment opportunity.
DEX 30 - Forecast🕰 Weekly
Sitting right on top of that weekly demand (22,700–23,200). Buyers are trying to defend, but if this floor gives way, we’re diving deeper. BOS is still intact from the upside, but momentum looks tired.
📉 Daily
Heavy drop straight into demand. Now the real question → do we bounce back into 23,700–24,000 supply for a cheeky rejection… or do we crack lower straight away? 👀
⏱ 8H
Clean ChoCH to the downside. Market tapped demand, so a little relief rally is on the cards. But watch that supply zone — sellers waiting up there with bags packed.
🎯 Outlook
Short-term → bounce into supply ✅
Mid-term → bearish pressure still in control 🔻
Lose 22,700 and we could easily hunt liquidity towards 22,000–22,300.
Bias : Short-term pullback → Mid-term bearish
FTSE 100 Wave Analysis – 16 September 2025- FTSE 100 reversed from resistance zone
- Likely to fall to support level 9090.00
FTSE 100 index recently reversed down from the resistance zone between the key resistance level 9330,00 (which stopped the previous wave (3) in the middle of August, as can be seen below) and the upper daily Bollinger Band.
The downward reversal from this resistance zone started the active short-term correction 2.
FTSE 100 index can be expected to fall to the next support level 9090.00, the target for the completion of the wave 2 (low of the previous correction (4)).
LSEG Wave Analysis – 16 September 2025
- LSEG broke support level 9000.00
- Likely to fall to support level 8000.00
LSEG under the bearish pressure after the earlier breakout of the support level 9000.00 (which has been reversing the price from July).
The breakout of the support level 9000.00 continues the active short-term impulse wave 5, which belongs to the intermediate impulse wave (C) from May.
Given the overriding downtrend, LSEG can be expected to fall to the next round support level 8000.00, the target for the completion of the active short-term impulse wave 5.
EURUSD Wave Analysis – 16 September 2025- EURUSD broke key resistance level 1.1835
- Likely to rise to resistance level 1.2000
EURUSD currency pair recently broke above the key resistance level 1.1835 (which stopped the previous impulse wave (5) at the end of June, as can be seen below).
The breakout of the resistance level 1.1835 was preceded by the breakout of the daily Triangle from July, which accelerated the active impulse wave (3).
Given the clear daily uptrend, EURUSD currency pair can be expected to rise to the next round resistance level 1.2000, target for the completion of the active impulse wave (3).
The trend after 3700 mark is more worth looking forward to!Gold has been hitting new highs recently. Yesterday, it broke through the previous high of 3674 in the US market and surged towards 3685. Despite a brief pullback in early trading, it surged back to 3698 in the European session and even broke through 3703 in the US market, maintaining a clear bullish trend. The current pullback is a normal technical correction and has little impact on the overall uptrend, but instead builds momentum for a subsequent surge. The key support level at 3670 is currently under consideration. This level has become a short-term dividing line between bulls and bears. A break below this level will clearly indicate a bullish advantage, but a potential decline should be viewed with caution. Above this, focus on the 3705 level. A break above this level could test the 3710-3720 area, and a strong breakout could open up further upside potential. Trading strategies should include a light short position near 3705 to capture profits on pullbacks, waiting for a pullback to the 3685-3675 area to stabilize before entering a long position. The bullish trend continues to target the 3700-3705 area. The overall strategy remains to prioritize buying on dips, with a secondary focus on selling on higher levels.
BANKNIFTY Intraday Levels for 17th SEP 2025BANKNIFTY Intraday Levels for 17th SEP 2025
Short View: Momentum may pause due to Low IV.
Compare to NIFTY,(+0.68%), BANKNIFTY(+0.47%) Closed much Less
Close Crossed 50 DMA, Confirmation Needed.
# "WEEKLY Levels" mentioned in BOX format.
^^^^^^^ Plot Levels Using 3 Min, 5 Min Time frame in your Chart for Better Analysis ^^^^^^^
L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias.
L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above.
L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias.
L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt
HZB (Buy side) & HZS (Sell side) => Hurdle Zone,
*** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature)
Rest Plotted and Mentioned on Chart
Color code Used:
Green =. Positive bias.
Red =. Negative bias.
RED in Between Green means Trend Finder / Momentum Change
/ CYCLE Change and Vice Versa.
Notice One thing: HOW LEVELS are Working.
Use any Momentum Indicator / Oscillator or as you "USED to" to Take entry.
📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
"As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's".
AUDSGD: H1 DTL BreakI've been alerted by my trend-following signal. Here are the key observations across the two timeframes I've been monitoring.
Daily Timeframe:
Price is above EMA20 > indicating an uptrend
EMA20 above EMA60 > indicating an uptrend
H1 Timeframe:
Price crosses above DTL > indicates upside potential and confluence with daily trend
Price is also crossing above EMA20 > indicates upside momentum should be picking up
USEQUITIES – Breakout Beyond 4,900.00The US equity markets (SPX500, US30, US2000, NAS100) pushed higher, breaking above the 4,900.00 resistance level. This breakout keeps bullish momentum intact, with potential to challenge the 5,050–5,100 zone if buying pressure continues.
Support: 4,900.00 🔽, 4,764.06, 4,544.96
Resistance: 5,050.00–5,100.00 zone 🔼
🔎 Bias:
🔼 Bullish: Holding above 4,900.00 confirms the breakout and supports further upside toward 5,050+.
🔽 Bearish: A close back below 4,900.00 could see price retest 4,764.06.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
ONDOUSD – Waiting for Bullish Re-entry After 13% SurgeONDO recently posted a 13%+ rally, showing strong bullish momentum. However, the price faced resistance and is now pulling back, likely heading toward a key support zone between $0.85 and $0.78. This level has historically acted as a solid base, and we’re watching for signs of a bullish reversal there.
📉 Retracement Expected
The current rejection suggests a healthy correction. A controlled move back into the support range could offer a high-probability long setup—if buyers step in and price action confirms.
📈 Trade Setup (Spot Long):
• Entry Zone: $0.85 – $0.78
• Targets:
🥇 TP1: $1.13 – $1.32
🥈 TP2: $1.64 – $2.00
• Stop Loss: Daily close below $0.75
SUI Trade Setup – Bullish Structure Intact Amid VolatilitySUI continues to hold a bullish market structure despite increased volatility driven by macro headlines. Price action remains above the bull market support band, indicating strength and resilience. A notable confluence zone has formed between $2.40 and $2.80, where buyers previously stepped in aggressively.
This area is shaping up as a high-probability accumulation zone, especially if a liquidation wick drives price into it. A bounce from this range could initiate the next expansion leg upward.
🔹 Trade Setup
• Entry Zone: $2.40 – $2.80
• Take Profit Targets:
🥇 $3.40 – $3.60
🥈 $4.00 – $4.50
• Stop Loss: Daily close below $2.35