Potential bearish reversal?USD/JPY is rising towards the pivot, which is a pullback resistance and could reverse to the 1st support, which is a pullback support.
Pivot: 157.71
1st Support: 155.94
1st Resistance: 159.37
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, 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
Forex
Pullback resistance ahead?Swissie (USD/CHF) is rising towards the pivot, a pullback resistance that aligns with the 61.8% Fibonacci retracement, and could reverse to the 1st support.
Pivot: 0.7858
1st Support; 0.7697
1st Resistance: 0.7955
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, 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
Bullish bounce off 61.8% Fib support?Cable (GBP/USD) is falling towards the pivot, a pullback support that aligns with the 61.8% Fibonacci retracement, and could bounce to the 1st resistance.
Pivot: 1.3550
1st Support: 1.3482
1st Resistance: 1.3713
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, 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
Falling towards key support?Fiber (EUR/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.1749
1st Support: 1.1691
1st Resistance: 1.1855
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, 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
Bearish reversal off pullback resistance?US Dollar Index (DXY) is rising towards the pivot, which acts as a pullback resistance and could reverse to the 1st support.
Pivot: 97.85
1st Support: 96.44
1st Resistance: 98.70
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, 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
XAUUSD Smart Money Setup | FVG Reaction & Liquidity SweepGold (XAUUSD) shows a strong reaction from the lower range after a bearish impulse move. Price swept sell-side liquidity and reacted cleanly from a bullish Fair Value Gap (FVG), indicating active demand at discounted levels.
The market is currently trading inside a defined range, but short-term structure suggests a potential upside retracement. Consecutive higher lows and bullish candles reflect increasing buying pressure. Multiple unmitigated FVG zones above price may act as magnets, attracting price toward higher levels.
This setup highlights a classic liquidity grab → displacement → FVG respect sequence, commonly observed in Smart Money price delivery.
📌 Key Insights:
Sell-side liquidity sweep completed
Strong bullish reaction from demand zone
FVG respected with bullish continuation
Upside liquidity resting above recent highs
📈 Bias: Short-term bullish retracement
⚠️ Reminder: Higher-timeframe trend remains volatile; confirmation is advised
Bullish Ascending Channel with Upside ContinuationThis is a GBP/JPY 1-hour chart showing a strong uptrend inside an ascending channel. Price is making higher highs and higher lows, clearly respecting the channel structure. After a period of range consolidation, the pair broke upward and continued bullish momentum. The Ichimoku Cloud is mostly below price, acting as dynamic support, which confirms trend strength. A small pullback is visible near the mid-channel, but overall structure remains bullish, with a projected upside target around the 216.00 resistance zone, as marked on the chart.
XAUUSD (Gold) – HTF FVG Reaction | 1HThis chart highlights higher-timeframe Fair Value Gaps (H1/H4) and recent session liquidity levels.
Price is currently reacting within a premium area while previous H1 imbalance zones remain unmitigated below.
The idea demonstrates how price has historically interacted with imbalance and liquidity zones on Gold.
No directional bias is assumed; this is a technical structure overview only.
⚠️ Disclaimer:
This publication is for educational and analytical purposes only.
It does not constitute investment advice, trade signals, or recommendations.
Always do your own research and risk management.
Bitcoin Breakdown From Range, Targeting Lower SupportThis is a 2-hour BTC/USD chart showing a clear **downtrend within a descending channel**. Price previously **ranged sideways** (marked “Range”), then **broke down sharply**, losing range support. The **Ichimoku cloud is bearish**, acting as resistance above price. After the breakdown, price formed a **bearish Fair Value Gap (FVG)** overhead and is consolidating below it. The chart highlights a **projected downside move toward the ~72,000 area**, aligning with the lower channel support as the target zone.
EURUSD (1H) — Descending Channel into Unfilled FVG (POI) Context / Structure
Price is trading inside a clean descending channel (lower highs, lower lows).
We’re now rotating down into a Point of Interest: an unfilled / open FVG (highlighted zone), lining up with the lower channel boundary.
This is not a signal. It’s a location where a reaction is possible.
POI (what matters)
The highlighted FVG zone is the main magnet.
If price tags this zone and respects the channel support, we may see a corrective push higher (mean reversion / liquidity rotation).
RegimeWorks Plan (Permission → Retest → Execution)
1) Permission (required)
I will only consider a long idea if EURUSD:
Touches the FVG POI and
Shows rejection (e.g., strong bullish close, wick rejection, or displacement away from the zone) and
Ideally reclaims the lower channel line (no acceptance below support).
If price just drifts into the zone and grinds lower with no rejection → No trade.
2) Retest (required)
After the bounce, I want:
A pullback / retest into the reclaimed level (top portion of the FVG / channel support)
Price to hold that retest (buyers defend), then print continuation structure.
No clean retest = lower-quality entry = likely pass.
3) Execution (only after 1 + 2)
Entry is only on confirmation after the retest holds.
Stop placement should be below the FVG zone / swing low, where the idea is clearly invalid.
Invalidation (when the idea is wrong)
Clean acceptance below the FVG zone (strong closes below + continuation) invalidates the bounce thesis.
If the channel breaks and holds below support, the path of least resistance remains down → stand aside.
Potential Upside Objectives (if it plays out)
First objective: mean rotation back toward channel mid / prior consolidation
Next: upper channel region
Higher objective: reclaim of the larger swing area (only if momentum expands)
Note: the EMA cluster overhead is likely to act as dynamic resistance, so I’d expect reactions on the way up.
Bottom line
This is a “wait-for-permission” setup: strong confluence (descending channel support + open FVG POI), but it’s only a possibility until price proves buyers are defending the zone. If we don’t get rejection + retest structure, it’s simply No Trade.
Gold Is Recovering — But Structure Still Controls the UpsideGold on the 2H timeframe is currently rebounding within a clearly defined ascending corrective channel after a sharp impulsive sell-off from the prior all-time high. That sell-off respected key Fibonacci retracement levels, confirming it was a distribution-to-markdown transition, not random volatility. The rebound from the $4,400 area shows strong reactive buying, but structurally this remains a countertrend recovery inside a broader corrective phase.
From a technical perspective, price is now rotating higher toward the 0.5–0.618 Fibonacci zone around $5,000–$5,140, which also aligns with the mid-to-upper region of the rising channel. This area is critical: it previously acted as support during the distribution phase and is now likely to behave as overhead supply. As long as price stays inside this channel, higher highs and higher lows are acceptable, but they do not yet signal a full bullish trend resumption.
The key decision point lies ahead. If gold reclaims and holds above $5,150–$5,200 with acceptance, the corrective narrative weakens and upside continuation toward channel expansion becomes viable. However, failure or rejection in this zone would reinforce the move as a technical mean reversion, opening the door for another rotation back toward channel support. Until a major structure is reclaimed, trade the channel not the emotion.
Market Analysis,Scenario and Strategies Trading FEB 4Intraday trading: Adjust
📌 SET UP 1. Timming Sell Zone
XAUUSD SELL ZONE: 5143 - 5146
💰 Take Profit(TP): 5140 - 5135
❎ Stoploss(SL): 5150
Note capital management to ensure account safety
📌 SET UP 2. Timming Buy Zone
XAUUSD BUY ZONE: 4945 - 4948
💰 Take Profit(TP): 4951 - 4956
❎ Stoploss(SL): 4941
Note capital management to ensure account safety
Market Analysis & Today's Scenario
- The market followed yesterday's analysis scenario, completing the ABC corrective wave at the strong support zone. After the completion of wave C, the price reacted positively and began forming a new bullish structure.
- On the H4 timeframe, the price broke above and held steady above the MA confluence zone, indicating that buying pressure is gradually regaining control of the market. Current momentum supports the possibility of the market entering a new wave cycle, with a potential bullish structure according to Elliott wave theory.
👉 Today's Scenario:
- Prioritize technical pullbacks to continue the uptrend.
- The main trend for the day is bullish; any corrections will only be for consolidation.
- As long as the price does not return to the bottom of wave C, the bullish structure remains intact.
- Overall, the market is operating according to plan – the correct structure – and meeting expectations. The current period is suitable for following new trends, managing orders tightly, and optimizing profits according to the wave.
Gold price analysis on February 5th📊 Price Structure Overview
The medium-term trend remains bullish, but the short-term is in a technical correction/sideways rebound phase after a sharp drop.
The current price is around 4.97xx, stuck between the upper resistance and lower support zones → the market is hesitant, a strong breakout is likely.
🔴 Important RESISTANCE ZONE
5.10x – 5.14x
Coincidence:
Old supply zone
Fibo 0.382 (~5.139)
Short-term EMA is suppressing the price
The price has tested this zone multiple times but has not closed above it clearly → selling pressure remains.
➡️ If a reversal candle (pin bar, bearish engulfing) appears upon reaching this zone → high probability of a reversal to a downtrend.
🟢 Support Zone
4.85x – 4.86x
Fibo 0.618 (~4.859)
The price is currently reacting quite well.
4.40x – 4.45x (Strong Support)
Strong demand zone, bottom of the previous crash.
If it breaks below 4.85x → there's a high probability the price will fall to this zone as indicated by the red arrow you drew.
📐 EMA & Momentum
EMA 34 & EMA 89:
The price has crossed below them → upward momentum is weakening.
EMA is trending downwards, acting as dynamic resistance.
The current structure resembles a pullback in a short-term downtrend.
Gold Pulls Back DeeplyHello everyone, Domic here
On the H4 timeframe, what stands out is not the recent drop itself, but the distance gold had traveled beforehand. The steep rally pushed price far away from EMA 34 and EMA 89 within a short period, and the current decline is essentially bringing the market back toward its familiar “gravity zone” around the EMA 89 near 4,900. Selling pressure accompanied by elevated volume points more toward proactive profit-taking than emotional panic selling. In a strong trend, EMA 89 often serves as a confidence test for buyers — and a return to this level reflects structural rebalancing rather than a clear trend breakdown. At the moment, the 4,880 – 4,950 band is acting as a short-term equilibrium zone where the market is assessing whether demand still has enough patience to hold.
The momentum behind this correction comes from the convergence of several factors rather than a single headline:
After months of unusually wide upside expansion, the need to lock in profits at higher levels is a natural reaction from larger flows; precious metals typically require a cooling phase before establishing a new trajectory.
At the same time, a rebound in the USD and a slight uptick in real yield expectations have added short-term valuation pressure, temporarily removing part of gold’s immediate support.
Policy-related uncertainty easing has also softened safe-haven demand — but this represents a short-term moderation in momentum, not a long-term change in gold’s core role.
In terms of key levels to watch, the 4,880 – 4,950 region remains the nearest structural support ; holding this area suggests the medium-term trend still has a foundation. In a scenario where the correction extends, the 4,600 mark becomes a reasonable “reset” zone for the market to rebuild accumulation before considering a more sustainable upward leg.
Wishing you all effective trading sessions.
Silver Has Broken Structure — The Channel Now Defines DownsideSilver has clearly transitioned from an impulsive uptrend into a bearish price channel, and the latest sell-off confirms that this is no longer a healthy pullback. After failing to hold the previous highs, price broke structure decisively and began printing lower highs and lower lows, signaling a shift in short-term market control from buyers to sellers. The descending channel now acts as the primary framework. Every rebound inside this structure has been corrective and capped by channel resistance, which is classic sell-the-rally behavior. The sharp bearish candles show initiative selling, not just profit-taking, suggesting that supply is active and confident. As long as price remains below the channel midline and upper boundary, upside attempts are likely to be faded. From a supplydemand perspective, the failed rebound zones above are acting as overhead supply, while price is gravitating toward lower liquidity pools. The next key downside magnets sit around the 102.00 area first, followed by the deeper support near 97.30, and ultimately the larger liquidity pocket closer to 90.70 if momentum accelerates.
Macro:
Silver is highly sensitive to USD strength, real yields, and risk sentiment. Any stabilization in the U.S. dollar or easing of safe-haven demand typically pressures silver more aggressively than gold. This macro backdrop aligns with the current technical picture of distribution turning into markdown rather than a pause before continuation higher.
Silver is no longer in accumulation or trend continuation mode. It is now respecting a bearish channel, and until price reclaims the channel and breaks structure back to the upside, the path of least resistance remains down, with rallies serving as opportunities for sellers, not confirmation for longs.
CHFJPY BULLISH BREAKOUT|LONG|
✅CHFJPY strong bullish displacement breaks above the prior demand zone, confirming market structure shift. Expect a shallow retracement into the breakout area before continuation toward premium liquidity. Time Frame 3H.
LONG🚀
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Potential bullish reversal?EUR/AUD is falling towards the support level, which is a pullback support, and could bounce from this level to our take profit.
Entry: 1.6870
Why we like it:
There is a pullback support level.
Stop loss: 1.6774
Why we like it:
There is a swing low support level.
Take profit: 1.7020
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUD-JPY Bullish Bias! Buy!
Hello,Traders!
AUDJPY after a strong impulsive rally, price is pulling back into a well-respected horizontal demand zone. Prior liquidity sweep and displacement suggest smart money defending demand for a continuation higher. Time Frame 2H.
Buy!
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Bearish reversal off pullback resistance?EUR/JPY is rising towards the resistance level, which is a pullback resistance and could reverse from this level to our take profit.
Entry: 185.50
Why we like it:
There is a pullback resistance level.
Stop loss: 186.87
Why we like it:
There is a swing high resistance level.
Take profit: 184.07
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish continuation setup?EUR/GBP is rising towards the resistance level, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.8653
Why we like it:
There is a pullback resistance level that aligns with hte 38.2% Fibonacci retracement.
Stop loss: 0.8678
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.8618
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Could we see a drop from here?AUD/CHF is reacting off the resistance level, which is an overlap resistance, and could drop from this level to our take profit.
Entry: 0.54272
Why we like it:
There is an overlap resistance level.
Stop loss: 0.54528
Why we like it:
There is a pullback resistance level.
Take profit: 0.53835
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBP-USD Local Long! Buy!
Hello,Traders!
GBPUSD strong sell-off taps into a well-defined horizontal demand zone. Liquidity below recent lows looks swept, suggesting smart money accumulation and a potential bullish reaction from demand. Time Frame 1H.
Buy!
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