BankNifty levels - Oct 29, 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.
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Trend Analysis
XAUUSD - Will Gold Continue to Fall?!Gold is trading below the EMA200 and EMA50 on the 30-minute timeframe and is trading in its descending channel. The reduction in its downward momentum in the demand range will provide us with a better risk-reward buying position. A move towards the supply range above the channel will be our next short trade!
Gold prices fell below $4,000 per ounce for the first time since October 10, following a sharp $125 decline.
According to a Reuters survey, the average gold price in 2026 is expected to reach $4,275 per ounce, while silver prices are projected to average $50 per ounce in the same year.
For 2025, the survey anticipates an average gold price of $3,400, up from $3,220 in the previous poll, while the average silver price is forecasted to rise to $38.45 from $34.52 previously.
Analysts at Nomura stated that U.S.–China relations have entered a repetitive cycle of tension, escalation, and temporary détente, likely forming a “new normal” in the long term.
Lu Ting, Nomura’s chief China economist, noted that the world’s two largest economies appear to be settling into a predictable pattern of “strain–escalation–pause”, which may define the framework of their relationship in the foreseeable future.
Recent trade talks in Kuala Lumpur hinted at a temporary easing of friction, with both sides reportedly considering limited concessions, such as extending tariff suspensions and resuming soybean imports from the U.S.
However, deep-seated disputes remain unresolved — including export restrictions on rare earth elements, compliance with trade commitments, and broader geopolitical disagreements — all of which cloud the outlook for bilateral relations.
Lu cautioned that while short-term cooperation may continue due to mutual economic dependence, long-term strategic competition between Washington and Beijing is expected to intensify.
Nomura believes this recurrent cycle of conflict and reconciliation will likely become the enduring pattern of U.S.–China relations.
Such a backdrop implies persistent volatility in global markets, particularly in commodities and technology sectors, which are highly sensitive to trade developments between the two nations.
Investors should prepare for alternating periods of optimism and renewed tension.
Meanwhile, Donald Trump’s proposed tariffs against Canada may turn into a major self-inflicted setback, as the move faces both a legal challenge before the U.S. Supreme Court and bipartisan opposition.
Next week, the Supreme Court is set to hear a case focusing on Trump’s use of the International Emergency Economic Powers Act (IEEPA) to justify these tariffs. Trump initially invoked an emergency declaration related to fentanyl to impose them — despite the fact that such powers are typically reserved for sanctions against U.S. adversaries.
The case represents not only a test of the tariffs’ legality, but also a measure of Trump’s and MAGA’s influence over the Court.
Notably, Senator Lisa Murkowski, a Republican, joined over 200 Democrats in sending a letter to the justices urging them to strike down the tariffs.
The oral arguments are scheduled for November 5, and the final ruling, which could serve as a major market mover, is expected sometime next year.
Currently, prediction markets estimate a 38% probability that the tariffs will be overturned.
At the same time, Morgan Stanley reported that U.S. dollar positioning has turned positive for the first time in several months, reflecting renewed investor confidence in the U.S. economic outlook.
This shift comes amid rising political instability in Japan and France, which has diminished the appeal of non-dollar assets and strengthened capital flows toward the greenback.
Strategists at the bank added that demand for downside protection against the dollar has declined, indicating that investors perceive a low risk of a sharp correction in the near term.
Nevertheless, Morgan Stanley warned that this uptrend might not be sustainable — if U.S. economic data, particularly employment figures, fail to show significant improvement, the dollar could again face renewed downward pressure, and rate-cut expectations from the Federal Reserve could rise.
Finally, Treasury Secretary Scott Bassent confirmed that five candidates have been shortlisted to succeed Jerome Powell as Federal Reserve Chair:
Christopher Waller, Michelle Bowman, Kevin Warsh, Kevin Hassett, and Rick Rieder.
Bassent stated that one more round of interviews will take place, and he plans to submit the final shortlist to President Trump after Thanksgiving, with a final decision expected before year-end.
RECALL / USDT preparing for a bullish reversal towards $0.52RECALL is looking strong for a potential bullish rally towards $0.52.
Currently watching this level for a possible reversal — if we see a bullish candle with good volume, that could mark the beginning of a bullish wave towards the target.
Note: Wait for confirmation before entering.
A breakdown from this level will invalidate the setup.DYOR
NTLA: reached key resistance zonePrice has followed through strongly from the mid-term support outlined in the September update, moving directly into the target mid-term resistance zone.
As long as the price remains below 30, I expect a near-term pullback below the 21dEMA to complete the first leg of decline.
If, however, the price breaks out above the October highs, it would open the door for further extensions toward the 31–34 resistance zone in the short term.
Chart:
Previously:
On bullish trend structure and support zone (Sep 26):
Chart:
www.tradingview.com
On resistance zone and pullback potential (Oct 8 and Oct 13):
Chart:
See weekly review:
AIXB/USDT — Decision Zone: Reversal or Major Breakdown Ahead?
Main Summary:
AIXBT is currently standing at a critical juncture. After a strong rejection from the descending trendline, price has pulled back to retest the key demand zone at 0.0793–0.0690, which also aligns perfectly with the Fibonacci retracement 0.5–0.618 area — a golden pocket where buyers often reappear.
This is the balance point between buyers and sellers, where the next move will define the mid-term direction of this market.
---
Structure & Technical Pattern
Price continues to print lower highs since May, forming a clear descending structure.
The yellow zone 0.0793–0.0690 has acted as a major accumulation base, providing strong reactions in previous cycles.
The pattern resembles a Descending Triangle, where an upside breakout could trigger a reversal, while a downside break could accelerate the bearish continuation.
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Bullish Scenario — Golden Zone Reversal Setup
Confirmation Required: Daily close above the descending trendline and a breakout above 0.102.
Once confirmed, it would mark the first higher high after a prolonged downtrend — signaling a potential trend reversal.
Upside targets:
1. 0.128 → first psychological resistance & supply zone
2. 0.181 → mid-term target if momentum sustains
3. 0.234 → full measured move from triangle breakout
A strong bullish reaction here could ignite the start of a major reversal phase, especially if supported by increasing volume.
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Bearish Scenario — Breakdown Confirmation
Confirmation Required: Daily close below 0.0690 with strong selling volume.
This would confirm a descending triangle breakdown, signaling the continuation of the broader downtrend.
Downside target: around 0.046, the previous swing low and last major demand zone.
Losing the yellow block means buyers lose full control, pushing price into an extended distribution phase.
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Momentum Key Points
Zone 0.0793–0.0690 = Decision Area.
This is where the real battle happens — either as a launchpad for a strong reversal or a trap zone before deeper decline.
Volume and candle reaction in this area will be crucial to confirm direction.
Watch for bullish engulfing, hammer candles, or RSI divergences to confirm potential reversal setups.
---
Conclusion
AIXBT is now entering a “do or die” phase, where the yellow block will determine the next major market structure.
A sustained hold above and breakout through the trendline could spark a strong recovery rally toward 0.128–0.181.
A confirmed breakdown below 0.069 could drag the market back down to 0.046.
This is not just another support — it’s the final accumulation zone before a possible structural shift.
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#AIXBT #CryptoAnalysis #PriceAction #BreakoutSetup #DescendingTriangle #CryptoTrading #AltcoinWatch #SupportAndResistance #FibRetracement #MarketStructure
Bearish reversal off 61.8% Fibonacci resistance?The Fiber (EUR/USD) is reacting off the pivot, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could bounce to the swing high resistance.
Pivot: 1.1668
1st Support: 1.1618
1st Resistance: 1.1710
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Gold Price Analysis – Will Bears Drag XAUUSD Below 3900?Gold continues to trade within a clear downward structure facing consistent resistance near the 4040–4060 zone while maintaining pressure below key descending trendlines. Price recently confirmed another Change of Character (ChoCH) near the 3972 level suggesting bearish continuation. The projection shows potential short-term pullbacks toward 3980–4000 followed by a deeper drop toward targets at 3901 and 3857.
Unless bulls reclaim the 4063–4128 resistance the overall bias remains bearish with expectations of further downside toward the $3,816–$3,850 support range.
Regarding the Fed meeting tomorrow markets widely expect a 25 bps rate cut which is already priced in. The real impact will come from the Fed speech if the Fed hints at further easing (a dovish stance) gold may bounce higher as the dollar weakens. But if the Fed sounds cautious or signals a pause gold could drop sharply as yields and dollar strength return. Overall trend remains bearish traders should stay alert to post Fed volatility as it could temporarily disrupt or confirm the next major move.
🔴 Sell Zone:
The main sell zone is between 4150-4200 which aligns with the upper resistance range and the top boundary of the descending channel. This area has repeatedly acted as a rejection point where sellers step in aggressively. If price retraces into this zone and forms bearish confirmation candles it becomes a strong region to look for short entries.
⚡ Sell Trigger Area:
The sell trigger area lies around 4000 which is a key psychological and structural level. A confirmed break and candle close below 4000 would likely trigger renewed bearish momentum opening the way toward 3901-3857 as next downside targets. This break would confirm continuation of the bearish wave and strengthen the short bias.
Note
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NZDUSD Bearish rising wedge forming?The NZDUSD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the falling resistance, suggesting a continuation of the selling pressure within the downtrend.
Key resistance is located at 0.5780, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish rejection from 0.5780 could confirm the resumption of the downtrend, targeting the next support levels at 0.5710, followed by 0.5690 and 0.5675 over a longer timeframe.
Conversely, a decisive breakout and daily close above 0.5780 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 0.5800, then 0.5810.
Conclusion:
The short-term outlook remains bearish unless the pair breaks and holds above 0.5710. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURUSD FRGNT Daily Forecast 2 - Q4 | W44 | D28| Y25 | 📅 Q4 | W44 | D27| Y25 |
📊 EURUSD FRGNT Daily Forecast 2
🔍 Analysis Approach:
I’m applying Smart Money Concepts, focusing on:
Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️
Using those POIs to define a clear trading range 📐
Refining those zones on Lower Time Frames (LTFs) 🔎
Waiting for a Break of Structure (BoS) for confirmation ✅
This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price.
💡 My Motto:
"Capital management, discipline, and consistency in your trading edge."
A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐
⚠️ Losses?
They’re part of the mathematical game of trading 🎲
They don’t define you — they’re necessary, they happen, and we move forward 📊➡️
🙏 I appreciate you taking the time to review my Daily Forecast.
Stay sharp, stay consistent, and protect your capital
— FRNGT
OANDA:EURUSD
TON on the Run — Before It’s DoneMy previous forecast for TON has played out as expected — the price reached 2.26 and even moved slightly higher.
At the moment, I see two potential scenarios, yet both seem to point toward the same outcome.
In my opinion, wave E of the corrective pattern might not be fully completed.
Structurally, this looks like a contracting triangle, which often precedes a bearish breakout.
For now, I’m watching for a move down to the lower red line as a short-term target.
But from a broader perspective, I believe TON could drop even lower once the triangle is complete and the downward wave resumes
⚠️ Disclaimer: This analysis is based on technical patterns and personal observations. Trading cryptocurrencies carries significant risks. Always perform your own research and manage your risk accordingly
EURUSD FRGNT Forecast - Q4 | W44 | D28| Y25 | 📅 Q4 | W44 | D28| Y25 |
📊 EURUSD FRGNT Forecast
🔍 Analysis Approach:
I’m applying Smart Money Concepts, focusing on:
Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️
Using those POIs to define a clear trading range 📐
Refining those zones on Lower Time Frames (LTFs) 🔎
Waiting for a Break of Structure (BoS) for confirmation ✅
This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price.
💡 My Motto:
"Capital management, discipline, and consistency in your trading edge."
A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐
⚠️ Losses?
They’re part of the mathematical game of trading 🎲
They don’t define you — they’re necessary, they happen, and we move forward 📊➡️
🙏 I appreciate you taking the time to review my Daily Forecast.
Stay sharp, stay consistent, and protect your capital
— FRNGT 🚀
OANDA:EURUSD
The Interesting part of the marketHello traders, so guys I applied my strategy to this baby and it did work out.. Observe that sui came down hugely before I think it's getting back at it's fit...
The current leap BYBIT:SUIUSDT broke the structure it had and now it's a run, keep a good eye on BYBIT:SUIUSDT
USDJPY sellWith the second rejection off the weekly level forming a double top pattern, combined with a gap to fill below and slight weakness evident in the dollar index, this setup presents an interesting opportunity. The trade idea may gain traction if the dollar continues to exhibit weakness. Please note that this is not financial advice, and it's essential to manage risk accordingly if considering this setup.
DXY FRGNT Daily Forecast -Q4 | W44 | D28| Y25 |📅 Q4 | W44 | D28| Y25 |
📊 DXY FRGNT Daily Forecast
🔍 Analysis Approach:
I’m applying Smart Money Concepts, focusing on:
Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️
Using those POIs to define a clear trading range 📐
Refining those zones on Lower Time Frames (LTFs) 🔎
Waiting for a Break of Structure (BoS) for confirmation ✅
This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price.
💡 My Motto:
"Capital management, discipline, and consistency in your trading edge."
A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐
⚠️ Losses?
They’re part of the mathematical game of trading 🎲
They don’t define you — they’re necessary, they happen, and we move forward 📊➡️
🙏 I appreciate you taking the time to review my Daily Forecast.
Stay sharp, stay consistent, and protect your capital
— FRNGT 🚀
TVC:DXY
XRPUSD (Ripple)written in an analyst tone:
XRP: Bulls Regaining Momentum
XRP is currently trading around 2.63, showing renewed strength and strong buying interest after a period of consolidation. The market structure suggests that bulls are regaining control, with momentum indicators pointing toward a potential continuation of the uptrend.
If price action remains supported above key short-term levels, the next upside objectives are seen around 3.00, 4.00, and 5.00, with potential for an extended move toward the 5.50+ region in the medium term.
Overall sentiment remains constructive as long as XRP holds above recent support, indicating further upside potential in the coming sessions.
This analysis reflects a professional market perspective and is intended for educational purposes only — not financial advice.
WTI OIL OIL DEFENDED 56$-55$ ZONE ,THE NEXT TECHNICAL BUY POSITION WILL BE 60.79$-61$ ,IF THE LAYER IS RESPECTED I WILL HOLD BUY TILL WE BREAKOUT OF 62.188$ PER BARREL hoping to challenge the long term descending trendline holding price as supply roof and dynamic resistance to upswing.
buy target could exceed 66.219-65.567$
WTI (West Texas Intermediate) crude oil is a major benchmark for oil prices, representing light, sweet crude oil primarily produced in the U.S. It is widely used globally to price various grades of crude oil.
As of late October 2025, WTI crude oil prices have been trading around $61.745 per barrel. The recent price movement reflects several fundamental factors:
Supply Constraints: Ongoing production cuts by OPEC+ members and U.S. sanctions on key oil-producing countries are tightening supply, supporting prices.
Demand Dynamics: Global economic concerns, including slowing growth in major economies, have weighed on demand outlook, causing price volatility.
Inventory Levels: U.S. crude inventory data and storage capacity utilization have affected market sentiment with fluctuating stockpile levels.
Geopolitical Risks: Tensions in the Middle East and trade uncertainties continue to keep risk premium in prices.
Energy Transition Policies: Shifts toward renewable energy and emission reduction targets are influencing longer-term demand forecasts.
In summary, WTI prices near $61-62$ are driven by a mix of supply discipline, cautious demand outlook, and geopolitical uncertainties, creating a balanced but volatile oil market environment
This fundamental backdrop suggests that price action in WTI will remain sensitive to OPEC+ decisions, U.S. economic data, and geopolitical developments.
#USOIL #WTI #OIL #UKOIL
ASML Holding | ASML | Long at $680.00NASDAQ:ASML Holding, a developer and servicer of advanced semiconductor equipment systems for chipmakers, dipped backed into my overall, long-term selected simple moving average (SMA). From here, stocks typically bounce or drop, but given the AI boom is far from "over", I anticipate another bounce to eventually close the gap near $1,060. It may show some minor weakness to close the gap in the low $600s and get the bears excited. But, unless the economy further shows major weakness in the semiconductor space, NASDAQ:ASML is in my personal "buy zone" at $680.
Target #1 = $730.00
Target #2 = $915.00
Target #3 = $1,060.00
XAUUSD: Gold Battles the Key 4000 ZoneXAUUSD: Gold Battles the Key 4000 Zone
Hey everyone! Let's dive into Gold (XAUUSD) on the 4-hour chart, where we've seen some dramatic moves recently.
What We've Seen:
Gold made a strong run earlier in the month, but was firmly rejected twice at the 4400 mark, forming a clear "Double Top" pattern (marked with red circles). This led to a significant pullback, pushing price down through several support levels.
Currently, Gold has found some footing after hitting a low and is now attempting to recover.
The Current Battleground: 4000 Key Zone
Price is currently retesting the crucial 4000 Key Zone (highlighted in blue). This level acted as support previously, was broken, and is now being challenged again. The immediate task for buyers is to "Observe the price action if it can break the recent swing high" (marked with the purple circle) just below 4000, which has been acting as immediate resistance.
Scenario 1: Bullish Reclaim & Push Higher (If 4000 Holds Strong)
If Gold can successfully reclaim and hold above this 4000 Key Zone, it would be a strong bullish signal. This could open the door for:
A push towards the 4150 to 4250 1st Resistance zone, where sellers might step in again.
A more sustained recovery attempt, potentially aiming higher if that resistance is overcome.
Scenario 2: Rejection & Further Downside (If 4000 Proves Too Strong)
However, if the 4000 Key Zone acts as strong resistance and Gold fails to break above that recent swing high, we could see:
A reversal back towards the 3900 Immediate Support level.
Should 3900 fail to hold, the next significant support would be the 3800 to 3850 Next Support area.
In Summary:
The 4000 Key Zone is the pivotal point right now. Watch how price reacts here and whether it can overcome that immediate swing high resistance. This will largely dictate Gold's direction in the short term.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.






















