SPX500 Awaits Breakout – Key Levels 6,506 & 6,486SPX500 – Overview
The S&P 500 is holding above the 6,490 pivot, with short-term momentum favoring a retest of 6,506.
Technical Outlook:
📈 Bullish scenario: While above 6,490, price is expected to test 6,506. A confirmed breakout above this level would extend upside toward 6,527 → 6,550.
📉 Bearish scenario: A confirmed 1H close below 6,486 would open the way to 6,469, with further downside toward 6,425 if that level breaks.
Key Levels:
Pivot: 6,490
Resistance: 6,506 – 6,527 – 6,550
Support: 6,469 – 6,453 – 6,425
Support and Resistance
THE KOG REPORTTHE KOG REPORT:
In last week’s KOG report we said we would be watching the open for a support level to form below and price to attempt the red box, which worked well. It’s that red box we said needed to be watched for the break, which if happened would see us attempt higher price starting with 3468 and above that 3485-90. Again, we broke, hit our targets on the chart and the red box targets early week.
We then released the NFP Report which gave the key level and the bias for the move. As you can see on that report, we managed to get almost a pip prefect move from the key level upside, nearly into the target level where we suggested the opportunity to short may come from this week
So, what can we expect in the week ahead?
For this week we have Cpi and PPi midweek so there is potential for this to either range up here, or, like we suggested in the NFP Report, a tap above and a move downside. What we would ideally like to see here is support attacked, defended, a move upside in to the 3606-10 region with extension into the 3620 level and a rejection from above. So, in this scenario, due to the stretch, we’re happy to test these levels with sensible risk but due to that stretch and the mean being way below, if we break above that 3620 level, we’re happy to let it go to where it wants before looking for a reversal.
We’re going to keep it simple, lets see how we open and then we’ll have a better idea of what to expect for the rest of the week.
As usual, we’ll update traders through the week with our plans and trades.
As always, trade safe.
KOG
GBPUSD Short Setup – Resistance Rejection Toward 1.34226.GBPUSD is currently trading near 1.35300 and approaching a key resistance zone at 1.35300. From this level, I am looking for a short opportunity with a clear risk-to-reward setup.
🔹 Trade Plan
🔴 Entry (Short): 1.35300
❌ Stop Loss: 1.35600 (above resistance)
🎯 Target: 1.34226 (support zone)
🔹 Reasons for Short Bias
Price is testing a strong resistance area.
Bearish rejection candles forming near resistance.
Favorable risk/reward ratio with tight stop.
Target aligns with previous support structure at 1.34226.
⚠️ This is my personal analysis. Always manage your risk and wait for confirmation before entering.
🙏 If you find this analysis helpful, please like, comment, and share to support my work.
Regards: Forex Insights Pro.
#GBPUSD #Forex #Trading #PriceAction #Bearish #Resistance #TechnicalAnalysis #SwingTrade #FX #Scalping
GBP/USD Trading Plan: Support at 1.3367 Backed by Volume & FVGOn GBP/USD, a rejection of lower prices created a significant support level at 1.3367. The Volume Profile shows a key cluster of heavy buying, and this area also aligns with the beginning of a fair value gap, reinforcing its importance. The plan is to wait for a pullback to 1.3367, then go long with a wider stop below the volume area.
Sharp Rejection+Fair Value Gap = Strong AUD/USD Support (0.6493)On AUD/USD, a sharp rejection of lower prices has formed a significant support at 0.6493. The Volume Profile shows a clear volume cluster inside the rejection, where buyers became active and turned the sell-off around.The plan is to wait for a pullback to 0.6493 and look for a long entry from there.
EUR/USD Support at 1.1596 Backed by Strong Volume ClusterThe support at 1.1596 on EUR/USD is significant because of a strong rejection of lower prices, where buyers aggressively stepped in and reversed the sell-off. The Volume Profile shows a heavy volume cluster at this exact area, marking it as a key zone where buyers were most active. Since this level also aligns with the weekly Volume Profile, it carries additional weight from a broader market perspective. A pullback to this zone could provide a solid long opportunity
Critical Zone 3610–3620:Shorts Get Ready!After retreating to around 3579, gold rebounded again and has now reached a high of around 3614. Fortunately, the gold retracement gave us the opportunity to safely exit our previous short positions, and we accurately seized this pullback opportunity to close all our previous short positions at a break-even point.
As I said, closing my short position does not mean that I am not optimistic about the gold pullback, but in the process of executing swing trading, we need to constantly adjust to make our short entry price more favorable to us. Therefore, closing the short position entered at a relatively low price previously gives us the flexibility to enter the short position again at a higher price.
Gold was quickly pulled up to around 3614 in the short term. There was almost no headwind in the short term. Driven by the dual expectations of interest rate cuts and risk aversion demand, the bullish momentum was strong. However, in the short term, we are currently facing the 3610-3620 trend line resistance area, so I still do not advocate continuing to chase more gold; on the contrary, no matter what, I will continue to try to execute swing trading to short gold in the 3610-3615 area.
Although the bulls have risen strongly, it does not actually provide a good position to enter the market to go long on gold. Since we cannot participate in long transactions, we can only try to short gold in waves during constant adjustments. On the premise of controlling trading risks, as long as we are not afraid of short-term floating losses, once gold begins to collapse, we will be the first traders to reap the benefits of the short position. Therefore, when gold is facing the trend line resistance area of 3610-3620, I first considered and executed a short trade at 3610-3615 as planned, hoping that the gold market will have a good retracement as some unsteady funds show signs of profit-taking!
EURUSD Short Setup – Resistance Trade Towards 1.1600.EURUSD is currently trading around 1.17200 and approaching a key resistance zone at 1.17350. I am looking to take a short position from this resistance level.
🔹 Trade Plan
🔴 Entry (Short): 1.17350
❌ Stop Loss: 1.17935 (above resistance)
🎯 Target: 1.16000 (support zone)
🔹 Reasons for Short Bias
Price is approaching strong resistance.
Overextension visible after recent bullish move.
Favorable risk/reward ratio with stop above resistance.
Potential rejection could drive price toward strong support.
⚠️ This is my personal analysis. Please manage your risk properly and trade with confirmation.
🙏 If you find this analysis helpful, kindly like, comment, and share to support my work and motivate me to post more setups.
Regards: Forex Insights Pro.
#EURUSD #Forex #FX #PriceAction #TechnicalAnalysis #SwingTrade #Intraday #TradingSetup #Bearish #Resistance
Follow-Up: Non-Farm Moves from FridayHi All,
Following up on the range (size of the move) after non-farm on Friday to see how close our range expectation estimates were (see the earlier video post linked here for that).
The actual number came in pretty poor and worse than expected at 22k (vs 75k expected).
The move on the Non-farm release itself was actually quite muted with roughly a 20pt move on both sides of our VWAP starting point. But the real move came around 30 minutes into the US open where we saw a quick decline down to our lower boundary (50pts lower at 6470) and then briefly over-ran to 6450. But we settled and that 6470 became support for most of the session before reverting back to that declining VWAP to finish the day around 6490.
So, what's the lesson here: a bit of time pre-framing the possibilities for moves in either direction using a combination of stats (ATR, standard deviation of range), other technical analysis tools (support/resistance, VWAP, vol profile) along with experience can help frame the day and the important levels. Use this to start to decide what tools to pull out of the toolbox (trading strategies) and where to initiate trades.
If you find this helpful and would like to see more please let me know.
Happy Trading!
DXY Daily TF Consolidation Pending a Major BreakoutPrice has been ranging between a daily resistance and demand zone since the beginning of August. Another bounce in the demand zone this week will take price back to the resistance zone and if the resistance zone continues to hold then we short back to demand.
However, should resistance break, then the next target will be in daily supply. CPI should give us a better indication of should we get a break of this consolidation.
Personally I am leaning towards a bullish dollar for the short-term foreseeable future.
BTCUSD at Key Resistance – Breakout or Pullback?Analysis:
BTCUSD is trading near 111800. Price is approaching the resistance zone of 112400 – 113000. Two possible scenarios:
🔵 Bullish Case: If BTCUSD breaks and sustains above 113400, it could rally towards 117000, the next strong resistance zone.
🔴 Bearish Case: If the resistance holds and fails to break, then a pullback is likely towards the support zone around 109500.
This is a critical area for BTC, so traders should wait for confirmation before entering either side.
Trade Plans:
🟢 Long Setup → Above 113400
🎯 Target: 117000
❌ SL: Below resistance zone
🔴 Short Setup → From resistance rejection (112400–113400)
🎯 Target: 109500
❌ SL: Above resistance
⚠️ This is my personal analysis, not financial advice. Always apply proper risk management.
Regards: Forex Insights Pro.
#BTCUSD #Bitcoin #Crypto #Trading #Breakout #SupportResistance
CNXAUTO Intraday level Cycle 2CNXAUTO: Intraday Levels Cycle -2 for 08th SEP 2025 (Contd of Previous Post)
SOME CORRECTION AHED.
POSITIONED NEAR UTgt LEVEL.
Constituents of weightage stocks can slip from yheir TOP
^^^^^^^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: 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#3: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias.
L#4: Possibility / Probability of REVERSAL near RL#1 & UTgt
HZ => Hurdle Zone, Specialty of “HZ#1 & HZ#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 / Oscillatoror 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.
Please consult with your financial advisor before making any trading or investment decisions
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.
AGNC Stock AnalysisAGNC is showing signs of a potential pullback after a strong rally, facing resistance at recent highs. Based on historical price action, it could retrace to key support levels (Buy 1 and Buy 2 zones) before finding a new direction. This setup presents a good buying opportunity for those looking to enter at lower risk levels.
Why a Pullback is Likely?
Resistance Rejection: The stock struggled to break higher, triggering potential profit-taking.
Support Retest: Previous consolidation zones (Buy 1 & Buy 2) could act as strong support.
Market Conditions: Interest rate uncertainty could cause short-term volatility.
Overbought Signals: Technical indicators may suggest a need for a cooldown before the next move.
I'll be watching for confirmation before entering. Do you think AGNC will hold at support or break lower? 🚀👇
BankNifty levels - Sep 09, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Nifty levels - Sep 09, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
CHFJPY: Time to Sell?! 🇨🇭🇯🇵
CHFJPY may continue falling after a confirmed breakout
of a neckline of a double top pattern.
I opened short position on its retest.
Goal - 185.0 psychological level.
❤️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.
DeGRAM | TRXUSD rebound📊 Technical Analysis
● TRX/USD rebounded sharply from 0.3212 support, breaking above the descending channel’s upper boundary and signaling a shift toward bullish momentum.
● Price is consolidating near 0.3345 resistance; a sustained break higher opens the way to 0.3420 and potentially 0.3500.
💡 Fundamental Analysis
● TRON’s TVL expansion and rising stablecoin transfers provide fresh tailwinds, while improved crypto sentiment from BTC stability supports altcoin recoveries.
✨ Summary
Bullish above 0.3345; targets 0.3420 → 0.3500. Invalidation on a close below 0.3212.
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USDCHF Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.79950 zone, USDCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.79950 support and resistance area.
Trade safe, Joe.