US30 have been on down trend creating new lows after price rejections am looking forward to see price made another strong bearish move by creating new lows or take outs the previous higher lows for massive buys more volatile moves will be on NY sessions NOW LETS DO THE WAITING GAME
The price is hovering above 47 012 with multiple rejections to the above side of that level creating a push to the up side on the stock next level on the chart plan your entry and grow your Portfolio
Please don't forget to like ?? SIGNAL ALERT SELL ( GOLD > XAUUSD ) - 2952,0 - 2954,0 ?TP1: 2950,0 ?TP2: 2944,0 ?TP3: 2938,0 ?SL: 2965,9 High Risk - Yüksek Risk RISK REWARD - 2,36
The EUR/USD currency pair is showing a bullish setup after a recent gap has been closed. Gaps, especially those that align with the prevailing trend, often attract price action as the market moves to fill them and continue in the direction of the trend. With the gap now closed, it indicates that the market may be ready to resume its bullish momentum and potentially move higher.
Bullish Consolidation Continues Near ATH Zone Gold is maintaining stability above the key pivot zone at $2,935, indicating a potential breakout scenario. The price is currently consolidating within a narrow range, awaiting confirmation of the next move. ? Bullish Scenario: A 4H close above $2,946 will strengthen the bullish case, with upside targets at $2,954 and $2,968. A further breakout above $2,974 could push the price toward the $3,000 psychological level. ? Bearish Scenario: Failure to hold above $2,935 may trigger a pullback toward $2,918, with deeper support at $2,895 and $2,873. Key Levels to Watch: ? Resistance: $2,946 | $2,954 | $2,974 ? Pivot Zone: $2,935 ? Support: $2,918 | $2,895 | $2,873 ⚠️ Directional Bias: As long as Gold remains above $2,935, the bullish momentum remains intact. However, a break below this level could shift sentiment bearish.
Big move coming in next 4 hours, It'll clearly big move
Midterm forecast: 5677.80 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: There is a divergence in RSI and price between the peak at 6107.47 on 2024-12-06 and the peak at 6150.07 on 2025-02-19, the probability of uptrend continuation is decreased and the probability of beginning of downtrend is increased. While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in daily chart at 6150.05 on 02/19/2025, so more losses to support(s) 6031.27, 5875.31, 5777.28 and minimum to Major Support (5677.80) is expected. Relative strength index (RSI) is 49. Supports and Resistances: 5568.78 5398.95 5194.10 5039.36 4944.41 4843.23 4662.99 4544.26 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button ? . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) ? Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
SGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures (“SGX IO Futures”) rose last week, closing USD 1.30/ton higher by 21/Feb (Fri). https://www.tradingview.com/x/KwQlyhis/ SGX IO Futures opened at USD 105.95/ton on 17/Feb (Mon) and closed at USD 107.25/ton on 21/Feb (Fri). Prices briefly touched a weekly high of USD 109.30/ton on 21/Feb (Fri) and a low of USD 104.20/ton on 17/Feb (Mon). It traded in a range of USD 5.10/ton during the week, which was wider than the prior week. Prices crossed the pivot point of USD 106.85/ton and R1 point of USD 108.10/ton during the week, closing between the R1 point and the pivot point at USD 107.25/ton. Volume peaked on 20/Feb (Thu) as investor sentiment improved amid signs of recovery in China’s property sector. Iron Ore Fundamentals in Summary Prices climbed to their highest levels in more than four months as steel consumption recovery signs brightened demand outlook in top consumer China, where stimulus hopes have revived. Prices also surged as supply tightened after an Australian cyclone Zelia likely disrupted seven million tons of shipments. BHP and Rio Tinto reported weaker earnings due to falling iron ore prices but emphasized their strong position in the energy transition, particularly through copper assets. While the recent price rally provides temporary relief for major miners like Rio Tinto, BHP, Fortescue, and Vale, they face significant short- and long-term risks. China's port IO stockpiles dropped by 0.78 million tons (-0.52%) WoW to 149.18 million tons for the week ending 21/Feb as per MMI data. Based on seasonality, SGX IO Futures Mar contract trades 16.33% below its last 5-year average (USD 129.66/ton). https://www.tradingview.com/x/X83KXyIB/ Short-Term MA Sustains Bullishness amid Strong Industrial Outlook Formation of a golden cross on 17/ Jan (Fri) triggered a rally in iron ore with prices rising 5.2% over three weeks before losing steam on 14/Feb. Following tentative signs of China's property sector recovery, iron ore prices regained upward momentum this week. https://www.tradingview.com/x/Uoa0fF7x/ Prices Trend Upwards Amid Potential Long-term Moving Average Convergence IO prices are trading well above 100-day & 200-day DMAs. The narrowing gap between the long-term moving averages suggests a high possibility of convergence which could further confirm the uptrend. Will prices revert towards longer-term averages or sustain their upward trajectory? https://www.tradingview.com/x/IhAxntuH/ MACD Signals Weakening Bullish Momentum, RSI Cross Portends Bears Ahead The MACD line is near the signal line suggesting weakening momentum of the bullish trend. Meanwhile, the RSI is at 57.59, at neutral levels as it hovers around the midpoint, with its RSI-based moving average at 59.65. RSI MA forming a death-cross portends bearishness ahead. https://www.tradingview.com/x/Dhk5THJi/ Volatility Steady & IO Prices Closed Below 61.8% Fibonacci Level Amid Uptrend Volatility remained steady this week. Prices traded between the 61.8% Fibonacci level (USD 107.65/ton) and the 50% level (USD 105.40/ton), closing below the 61.8% Fibonacci level. Going forward, 61.8% Fibonacci level (USD 107.65/ton) may act as resistance, with 50.0% Fibonacci level (USD 105.40/ton) as support. https://www.tradingview.com/x/vuI9wxe5/ Buying Pressure Softened & IO Prices Trade Below Upper Bollinger Band Levels Buying pressure softened during second half of last week based on A/D indicator. IO prices climbed from the basis band to the upper band during the week and closed within the range at USD 107.25. https://www.tradingview.com/x/A5tvedkw/ China’s Two Sessions: A Key Catalyst for Iron Ore Market Swings? China's Two Sessions (Lianghui) is an annual political gathering in China where key economic and industrial policies are set. This can significantly impact China linked assets including iron ore. Over the past four years (2021-2024), prices have shown a pattern of pre-meeting speculation-driven gains, followed by declines due to policy interventions or cautious economic targets. While 2021 and 2022 saw initial optimism fueling price spikes before corrections, 2023 and 2024 featured steady declines amid weak demand and rising inventories. This trend underscores China's policy direction as a key driver of iron ore market fluctuations. https://www.tradingview.com/x/BxpBuu87/ Source: SGX IO Futures Only Aggregate Exposure Financial Institutions (FIs) and Managed Money participants are net long with 101.6k lots and 81.4k across all futures expiries. Physicals participants and Others are net short with 142.7k and 40.3k lots respectively across all futures expires. Managed Money increased net long positions, Physicals increased net short positions while FIs decreased net long positions last week. Overall futures open interest was 1,101,024 lots as of 14/Feb, while it was 984,935 lots as of 07/Feb. https://www.tradingview.com/x/YWsti2jA/ Source: SGX IO Futures & Options Aggregate Exposure Financial Institutions (FIs) and Managed Money participants are net long with 102.3k lots and 90.9k across all futures and options expiries. Physicals participants and Others are net short with 145.8k and 47.4k lots respectively across all futures and options expires. Managed Money increased net long positions, Physicals increased net short positions while FIs decreased net long positions last week. Overall futures and options open interest was 1,370,376 lots as of 14/Feb, while it was 1,234,295 lots as of 07/Feb. https://www.tradingview.com/x/EMt9XcJs/ Source: SGX Historical Futures Aggregate Exposure by Market Participants Physical participants have switched from net long to net short over the past month. Managed Money participants have switched from net short to being net long in the last two weeks. Financial Institutions continue to hold net long positions since the second quarter of last year. https://www.tradingview.com/x/0xsi7jom/ Source: SGX Hypothetical Trade Setup IO prices surged to a four-month high, driven by a brighter China steel demand outlook amid renewed stimulus hopes. This mirrors past trends where economic support hopes drove pre-session gains in 2021 & 2022. Current rally signals renewed optimism of stronger policy support from Two Sessions. IO prices sustained uptrend last week save a pull back on Friday T+1 session. The MACD signals weakening bullishness while the RSI MA formed a death-cross portending bearishness ahead. IO prices rose from above 50% Fibonacci levels to close marginally below 61.8% levels indicating signaling bullishness. Against this backdrop, this paper posits a long position in SGX Iron Ore Futures expiring on 28th March 2025 (FEFH2025) with an entry at USD 106.20/ton combined with a take profit level at USD 111.60/ton and a stop-loss at USD 101.70/ton resulting in a reward-to-risk ratio of 1.2x. https://www.tradingview.com/x/1O4f1q0w/ DISCLAIMER This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services. Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. 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First we continue with sell and then we go at the price of 42750 for buy for the purpose of the roof of the channel
#BTCUSD price have reformed, now we wait for breakout below 95200 to sell, the expected target is below 93800 which holds reverse, Stop loss at 96200. But price falling below 95200 can reverse firstly before taking the next step to sell.