XAUUSD | 15MPrice swept buy-side liquidity in the premium zone, followed by strong bearish displacement and a clear MSS.Instead of chasing the initial move, we wait for price to retrace into our POI and provide confirmation before execution.Bias: BearishSetup: BSL Sweep ā Displacement ā MSS ā Retracement ā ExecutionTarget: Sell-side liquidity / previous lowsInvalidation: Acceptance…
ā EURUSD broke daily down channelā Likely to fall to support level 1.1100 EURUSD currency pair recently broke the support trendline of the daily down channel from April, after the earlier downward reversal from the resistance level 1.1345 (former strong support from the end of June, which stopped wave 4 at the end of September)….
Bias: Bullish (early continuation off the base)Timeframe: Daily Thesis: The 2026 downtrend from ~$0.095 did the damage; whatās left is a tight coil at ~$0.024ā$0.026 right on the yearās lows. Failed spike wicks earlier showed leftover supply, but holding the $0.022ā$0.024 shelf after that washout is constructive ā sellers already had their shot. Thin volume…
ā± Timeframe: 4H chart EDU/USDT (4H) has jumped about +18% in a few candles, from the 0.051 area to 0.0601, and is now trading above the upper Bollinger Band. Price is also pushing into a marked resistance zone. I’m taking a mean-reversion short. š Context The market had been ranging between roughly 0.047 and 0.055…
NZD/CHF is rising toward the pivot, which is a pullback resistance and could reverse toward the 1st support. Pivot: 0.4676 1st Support: 0.46388 1st Resistance: 0.47190 Disclaimer:The opinions given above 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,…
Australian dollar versus the yenThe widest rate gap in the G10: 4.60% in Australia against about 1.25% in Japan, roughly 3.3 percentage points. Yen weakness has supported the Nikkei breakout and risk appetite.It works best on a neutral or moderately strong jobs report and calm equities.The US dollar report came in soft.Nonfarm payrolls: 29 thousand…
BTCUSD ā WEEKLY OUTLOOKš 06/10/2026 ā 10/10/2026 | š All Weekāāāāāāāāāāāāāāāāāāāāāāāāš¶ Confidence: MEDIUMš§ Bias: CAUTIOUSLY BULLISH ā full multi-timeframe bullish structure intact but price is testing a critical daily resistance and FOMC Minutes on Wednesday creates real risk-off dangerš° Price: $85,438āāāāāāāāāāāāāāāāāāāāāāāā š MARKET CONTEXTāāāāāāāāāāāāāāāāāāāāāāāāBitcoin has recovered sharply from its monthly low of $74,932, rallying over…
Elliott Wave Analysis Report for Gold (XAU/USD)āFollowing an in-depth structural analysis of Gold’s price action, it is evident that the current downward movement is inherently corrective. This is confirmed by the observed price overlap and, more importantly, the price-time balance, as the corrective pattern consumed significantly more time compared to the preceding impulsive advance.āTechnically, prices…
Price has established a bullish Break of Structure (BOS) after pushing above the previous swing high around the 2,740ā2,750 area. This indicates a shift in short-term market structure and shows that buyers were able to overcome the previous resistance. However, after reaching the 2,760ā2,770 region, price showed a strong rejection and moved back toward the…
š XAUUSD ā WEEKLY OUTLOOKš 06/10/2026 ā 10/10/2026 | š All Weekāāāāāāāāāāāāāāāāāāāāāāāāš¶ Confidence: HIGHš§ Bias: BEARISH ā multi-week downtrend intact across all timeframes; every bounce is being sold and dollar strength at 2026 highs keeps pressure on goldš° Price: $4,140āāāāāāāāāāāāāāāāāāāāāāāā š MARKET CONTEXTāāāāāāāāāāāāāāāāāāāāāāāāGold had its sharpest weekly drop of 2026, collapsing $311 from $4,422 to…
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