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Wave Analysis

EURUSD Intraday OutlookEURUSD Intraday Outlook: Bullish Structure Maintains Control as Key Support Holds EURUSD continues to trade within a well-defined bullish structure after the strong impulse from the 1.1580 demand zone. Price is currently forming a corrective pattern near the mid-range support, suggesting potential accumulation before the next continuation leg. As long as buyers protect the highlighted support area around 1.1640–1.1650, the market maintains a clear upward bias. Technical Breakdown 1. Market Structure and Trend Progression A clear series of higher highs and higher lows confirms that EURUSD is still in a constructive bullish phase. The corrective pullback from 1.1675 is shallow, indicating that sellers lack momentum and the move is more likely a retracement rather than a reversal. 2. EMA (9-Period) Behavior Price is currently interacting with the EMA9 on the H1 chart. Historically within this trend, EURUSD tends to react bullishly when retesting this dynamic support. A clean bounce from this level would reinforce continuation expectations. 3. Fibonacci Confluence Using the recent swing low at 1.1620 and swing high at 1.1675: The 0.382 retracement overlaps the first support zone The 0.618 level aligns with deeper structural support at 1.1600 These zones represent high-probability reaction points for buyers. 4. Key Support Zones Primary Support: 1.1640 – 1.1650 This is the current short-term value area where price may consolidate before a breakout. Secondary Support: 1.1620 – 1.1630 Aligned with previous accumulation and confirmed demand from recent sessions. Major Support: 1.1580 – 1.1590 The origin of the strong upward impulse. As long as price stays above this zone, the bullish macro-bias remains intact. Trading Strategy Suggestions Scenario 1: Buy the Pullback Near Current Support (Preferred) Buy Zone: 1.1640 – 1.1650 Stop Loss: Below 1.1620 Targets: 1.1675 – 1.1700 – Open This aligns with trend structure and Fibonacci reaction zones. Scenario 2: Break-and-Retest Long If price breaks above 1.1675 and retests: Look for continuation signals toward 1.1705 and higher. Scenario 3: Deep Correction Buy If price dips toward 1.1600 or 1.1580, watch for signs of strong buyer absorption. These levels should attract institutional demand. Market Outlook The bullish structure remains intact, and the current consolidation suggests preparation for another upward wave. As long as price holds above the 1.1640 support area, EURUSD is likely to continue its advance toward higher targets.
by Henrybillion
JPYUSD Intraday OutlookJPYUSD Intraday Outlook: Structural Pullback Expected Before Bullish Continuation JPYUSD has completed a strong bullish impulse, followed by a corrective decline from the recent swing high. Price action now develops a classic higher-low structure, but with repeated rejection at the mid-range, suggesting the market may require a deeper pullback before the next continuation wave. Buyers remain in control as long as support levels hold. Technical Breakdown 1. Market Structure The chart shows a clear sequence of higher highs and higher lows from the December rally. The most recent corrective decline fits into a normal retracement phase after an extended impulse. The projected wave pattern suggests price may revisit the nearest support before attempting to push higher again. 2. EMA (9-Period) Reaction Price is currently trading below the EMA9 on the H1 timeframe, signalling a short-term momentum shift. A sustained move below this dynamic line usually leads to a deeper retest of support zones where bullish demand typically returns. 3. Fibonacci Mapping Using the swing low near 0.006410 and the swing high near 0.006470: The 0.382 and 0.5 Fibonacci levels align closely with the first support zone This increases the likelihood of a bullish reaction once price completes its corrective leg. 4. Key Support Zones There are three major demand areas visible on the chart: First Support Zone: 0.006435 – 0.006445 Where price is currently testing. A short bounce is possible, but structure suggests deeper liquidity beneath. Second Support Zone: 0.006420 – 0.006425 This is the most balanced demand zone and aligns with the projected corrective leg. Ideal zone for bullish continuation setups. Major Support Below: 0.006400 – 0.006405 If the second zone fails, this becomes the critical higher-low level that maintains the broader uptrend. Trading Strategy Suggestions Scenario 1: Buy the Deeper Pullback (Preferred) Buy Zone: 0.006420 – 0.006425 Stop Loss: Below 0.006400 Targets: 0.006455 – 0.006470 – Open This aligns best with Fibonacci confluence, structural rhythm, and wave projection. Scenario 2: Short-Term Rejection Sell Into Support If price rejects the 0.006450 region again, a small corrective sell toward the 0.006420 support is valid for intraday traders. Scenario 3: Bullish Breakout Scenario A clean close above 0.006470 invalidates the corrective structure and opens room for a new continuation leg. Market Outlook The overall trend remains bullish, but the current retracement suggests the market needs a deeper liquidity sweep before the next impulse. Watch the 0.006420 support zone closely, as it represents the most structurally significant level for buyers to reclaim momentum.
by Henrybillion
GBPUSD Intraday OutlookGBPUSD Intraday Outlook: Bullish Structure Holds but Pullback Toward Support Remains Likely GBPUSD has maintained its broader bullish structure after a strong impulsive leg to the upside. However, recent price action shows signs of compression beneath short-term resistance, suggesting that a corrective pullback may develop before the next continuation wave. The highlighted support zone around 1.3320–1.3330 remains the key area that buyers must defend. Technical Breakdown 1. Structure and Trendline Analysis Following the sharp rally from the 1.3180 accumulation zone, price has formed a new higher low structure. The recent corrective wave remains shallow, indicating that buyers are still active but waiting for more favorable entries. A corrective pattern is forming near resistance, often seen before retesting a dynamic demand zone. 2. EMA Signal (9-period) Price is currently hovering around the EMA9 on the H1 chart. Sustained trading below this dynamic support typically signals a deeper pullback toward the structural demand zone at 1.3320. A clean reclaim above the EMA would re-strengthen bullish momentum. 3. Fibonacci Confluence Using the most recent swing low at 1.3320 and swing high near 1.3365: The 0.382 and 0.5 retracement levels align with the support zone This overlap strengthens the probability of a bullish reaction if price retraces into the area. 4. RSI Momentum RSI continues to show a mild bearish divergence from the latest highs. This supports the idea of a corrective leg forming before any bullish continuation. Key Levels to Watch Intraday Resistance: 1.3360 – 1.3370 zone This level has produced multiple rejections and remains the ceiling for short-term buyers. Primary Support: 1.3320 – 1.3330 A strong demand zone that aligns with Fibo retracement and structural higher lows. Buyers are expected to react here. Major Support Below: 1.3180 accumulation zone If price unexpectedly breaks 1.3320, this would be the next key reference point. Trading Strategy Suggestions Scenario 1: Buy the Pullback Buy Zone: 1.3320 – 1.3330 Stop Loss: Below 1.3300 Targets: 1.3360 – 1.3380 – Open This is the preferred scenario as long as bullish structure remains intact. Scenario 2: Break and Retest Long If price breaks above 1.3370 and retests: Look for bullish continuation entries toward 1.3400 and higher. Scenario 3: Bearish Invalidated Scenario A clean H1 close below 1.3300 would shift the bias toward a deeper correction targeting 1.3240, then 1.3180. Market Outlook The market remains in a controlled bullish phase, but the chart shows a clear need for a corrective leg to reset momentum. The demand zone at 1.3320 will determine whether GBPUSD continues its bullish trend or transitions into a deeper retracement structure.
by Henrybillion
Reach PLC 1 year to 100% gains This chart shows how the stock has repeatedly bounced back with strong gains, nearly doubling in price each time. It’s like watching a ball drop and then shoot back up, again and again. Three past rallies show the stock jumped around 90% each time. These jumps happened within a similar pattern The chart now predicts another similar jump, based on how it behaved before. Volume spikes (lots of people buying) during past rallies. Momentum indicators suggest the stock isn’t overbought yet. Earnings and dividends are marked, which often attract investors. The stock has a history of bouncing back hard — and the chart suggests it’s lining up for another big move. If it repeats the pattern, a 100% gain is possible over time.
LSE:RCHLong
by cjohnson36787
XAUUSD Daily OutlookXAUUSD Daily Outlook: Price Rejects Key Resistance, Bearish Wave Structure Forming The market continues to respect the broader bearish rhythm after rejecting the major resistance cluster near 4265. The chart shows a clear sequence of lower highs, indicating that momentum is shifting from distribution to potential downside continuation. Short-term liquidity sweeps have repeatedly occurred at the upper boundary, confirming sellers' presence around the 4235–4265 zone. Technical Breakdown 1. Trendline Structure The current wave pattern forms a clean descending structure from the 4265 top. Each rally has failed to break prior highs, creating a series of compressed upswings that often precede a sharper breakdown. 2. Fibonacci Confluence Using the latest swing high around 4235 and swing low near 4170: The 0.618 retracement aligns closely with intraday rejection levels This area continues to act as a supply barrier, keeping price capped below 4235 3. EMA Signal Price remains below the 9-period EMA on the H1 chart. This intraday dynamic resistance reinforces bearish pressure and limits upside continuation unless price closes decisively above 4235. 4. RSI Behavior RSI fails to break above the mid-zone and repeatedly turns lower from 50–55, reflecting weakening bullish strength and aligning with the projected bearish continuation pattern. Key Levels to Watch Major Resistance Zone: 4235 – 4265 This zone has held multiple times and remains the critical ceiling for sellers to defend. Minor Intraday Resistance: 4228 – 4230 Where the EMA9 and previous micro-structure meet. Only above this level would bullish momentum gain short-term traction. Primary Support Target: 4160 – 4155 This is the liquidity pool highlighted on the chart. A break toward this level aligns with the projected wave pattern and the broader bearish continuation model. Trading Strategy Suggestions Scenario 1: Sell the Rejection Sell Zone: 4228 – 4235 Stop Loss: Above 4265 Targets: 4188 – 4170 – 4160 This strategy aligns with the current trendline, EMA rejection, and wave pattern projection. Scenario 2: Break and Retest Sell If price breaks below 4188 and retests, look for continuation signals toward 4160. This structure typically signals confirmation that sellers have regained control. Scenario 3: Bullish Invalidated Scenario Only a clean H1 close above 4265 would invalidate the bearish bias and open the path toward 4285+. Market Outlook Gold remains in a distribution phase, with repeated rejection at resistance and a clear bearish wave projection pointing toward the 4160 liquidity level. Until price breaks above 4265, upside remains limited and counter-trend.
OANDA:XAUUSD
by Henrybillion
Rising Wedge Breakdown on FETUSDT Retest Before Next MoveFETUSDT has completed a classical rising wedge distribution which triggered a clean breakdown into the $0.53 zone, shifting the short term structure from demand led momentum into corrective flow. Price is now trading beneath the major support that previously served as demand, turning it into an active supply zone. Current structure favors planning around the pullback any relief rally back into the supply area offers an ideal region to monitor for rejection and continuation of the corrective leg. However, a decisive breakout and acceptance above the supply zone would invalidate the immediate bearish thesis and open the door for bullish continuation, with the market attempting to resume trend as clearly outlined on the chart.
by weslad
2
Dax to the upside!Hi on the 4h TF. Dax bounced strongly from the bottom to break a critical resistance level then went to the next resistance then broke through it to the upside and even bounced up from after it settled on with a pin bar 4H candle and that is the big view of the DAX based on the 4H TF. 3 TPs are there, however, if you accept and tolerate the bearish pullbacks on the journey to TP3, as long the last support level or (the above line) will not be broken by a 4H candle (closing price not by a wick) then TP3 will be your main and real target on DAX. Fundamentally the next week will offer the Fed interest rate decision which has strong expectations of another rate cut! and may we see currently the preparation on the chart for that move! Note: Please do not share or copy my own work! It reflects my own vision and view to that index and it is advertised to not be taken as a legal advice for traders to follow, however, it is not more than an own opinion and analysis to be shared with you! Good luck ;)
IG:DAXLong
by moustafa_marei
2
XAUUSD – Watching Key Support Level for Possible Continuation MoGold on the 15-minute chart is approaching an important structure zone. The upper marked area shows where strong sellers previously reacted, creating a sharp reversal. Price is now moving toward the lower boundary, which is the key level to watch. If this level gives way, the chart projection illustrates a deeper continuation path. This analysis is shared only for chart study and educational purposes. ✅ Analysis (Based on Your Markup) Price faced clear rejection from the upper area around 4,241.59, showing strong selling interest in that zone. After the rejection, a series of lower highs and lower lows has formed, suggesting weakening bullish momentum. The support around 4,164.85 is the major structure level on your chart. The blue arrow projection indicates a possible scenario where price retests the area above and then continues lower if the support level fails. The idea highlights how the market could move into a deeper downside expansion once structure breaks. Overall, the chart represents a bearish continuation concept that depends on price breaking the lower boundary.
OANDA:XAUUSDShort
by Wolfpips123
BTCUSD – Watching Trendline Interaction and Potential Break ScenBitcoin on the 15-minute chart is consolidating beneath a key horizontal level while riding an ascending trendline. The projection illustrates a possible move where price retests the upper boundary before rotating lower. This chart is shared only for market observation and educational study. ✅ Analysis (Based on Your Markup) Price has been respecting an ascending trendline, showing steady short-term support. The horizontal level near 94,022 is the main area where buyers previously struggled to continue higher. Your markup shows a potential small bounce from the trendline, followed by another retest of the horizontal zone. If the market fails to hold after that retest, the blue path illustrates how price could rotate away from structure and expand downward. The large downward projection shows one possible continuation idea if the trendline and horizontal zone fail to hold. Overall, the chart reflects a trendline retest + potential break model, depending entirely on how price reacts to the upper boundary.
BITSTAMP:BTCUSDShort
by Wolfpips123
EURUSD – Break & Retest Idea Toward Upside ContinuationEURUSD on the 15-minute chart is pushing into a key horizontal zone. The markup illustrates a possible break above the level, followed by a retest and continuation higher. This post is for chart observation and educational study only. ✅ Analysis (Based on Your Drawing) Price has surged strongly into the resistance zone around 1.1677. The blue path shows a potential break above, small pullback, and then continuation to the upside. The lower horizontal at 1.16527 marks the prior demand zone where buyers previously stepped in. If the structure holds above the breakout level, the illustrated move shows how bullish momentum may extend toward higher targets. This reflects a simple break–retest–continuation idea based on short-term market structure.
Long
by Wolfpips123
GBPUSD Intraday Breakout ObservationThe chart highlights a strong upward push from the lower range, followed by a retest of the mid-level zone around 1.33546. Price has shown a clear shift in momentum after breaking through this area, and the structure suggests that the market is building strength above the previous consolidation zone. The projection marks a possible continuation path if price maintains stability above the highlighted level. This layout focuses on price behavior and structure, providing a visual outline of how the pair is reacting around key intraday levels.
Long
by Wolfpips123
USDJPY Intraday Support Break and Trend Continuation OutlookThe chart shows USDJPY breaking below a key intraday support area around 154.979, followed by a retest of the same level from below. This reaction indicates a shift in short-term momentum, with price forming lower highs after the breakdown. The projected path illustrates a potential continuation of the current downward structure if the market remains below the highlighted zone. This setup focuses on price behavior, emphasizing how the market responds to major levels within the session.
Short
by Wolfpips123
FIL Is Losing Bearish Momentum => Bullish Takeover Soon?📉FIL has been printing a series of progressively weaker bearish impulses, first a big drop, then a smaller one, and now a flat one. This loss of bearish strength is happening while price is hovering above a major demand zone (orange), a level that previously triggered a massive rally. 📉📈Notice how the bearish swings are curving and flattening (dotted pink curve). This is often an early sign that sellers are exhausting. ⚔️As long as FIL remains above the demand zone, we will be looking for bullish reversal setups, especially if price retests the orange zone one more time and rejects it. 🏹For the bulls to take over entirely, price needs to break above the blue consolidation zone, confirming a shift in momentum. Do you think FIL is gearing up for a bigger move? Let me know below! 👇 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
5