Bearish reversal off major resistance?The Bitcoin (BTC/USD) has rejected off the pivot and could drop to the 1st support, which is a pullback support.
Pivot: 109,139.03
1st Support: 109,172.55
1st Resistance: 119,893.62
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.
J-USD
EUR/USD – Triangle Breakout (CPI Data ahead)EUR/USD – Buy Entry (M30- Channel Breakout Pattern)
The EUR/USD Pair, Price has been trading within a Triangle Breakout Pattern on the M30 chart, forming consistent higher highs and higher lows. Price action is now testing the upper boundary of the Pattern, signalling a possible breakout.
✅Market Context:
1️⃣Strong Upward Structure Inside the Pattern.
2️⃣Buyers are showing strength near Resistance.
3️⃣Breakout above the Trendline indicates Momentum continuation toward higher zones.
✅Trade Plan:
Entry: Buy after Confirmed Breakout above the Resistance (m30 candle close above trendline or retest of the breakout).
💰Take Profit (TP): At the Key Zone – a Major Resistance area identified ahead.
🛑Stop Loss (SL): Below the Pattern Structure.
✅Psychological Discipline :
1️⃣Stick to plan – No Revenge Trades.
2️⃣Accept losing trades as Part of the Strategy.
3️⃣Risk only 1–2% of your account balance per trade.
💬 Support the community: If you found this useful, drop a 👍 like and share your thoughts in the comments!
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Forex trading involves high risk. Trade only with capital you can afford to lose and always do your own research.
NZDUSD forming a bottom?NZDUSD - 24h expiry
Price action looks to be forming a bottom.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5775 will confirm the bullish momentum.
The measured move target is 0.5850.
We look to Buy at 0.5750 (stop at 0.5720)
Our profit targets will be 0.5825 and 0.5850
Resistance: 0.5775 / 0.5800 / 0.5825
Support: 0.5750 / 0.5725 / 0.5700
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
J.D. Vance and the market consequences of successionJ.D. Vance’s sudden rise to the Presidency could mark a dramatic shift for financial markets if he breaks from his current boss’s stance on how to govern an economy.
Before being picked as Trump’s VP, Vance was known for his opposition to corporate monopolies. In the past, he criticised the power of firms like Google, Apple, and Amazon, calling for antitrust enforcement. A sudden shift to a Vance-led administration could crash markets that have priced in continued support for the “Magnificent Seven,” who have driven much of the S&P 500’s recent performance. Ultimately, In the long run, however, breaking up dominant players can spark greater innovation (and potential stock gains), as the incumbents lose their ability to acquire and bury emerging competition.
Meanwhile, one of the defining trends of Trump’s second term has been the significant decline of the U.S. dollar. A change in leadership, especially one less inclined toward isolationist policies and piling on national debt, could potentially strengthen the dollar in the short term. Gold might also take a hit and find a medium-term price level below $4000.
XAUUSD POSSIBLE SELL SETUP🧭 Market Context
Pair: Gold / USD (XAU/USD)
Timeframe: 15-minute
Current price: ≈ $3,981.72
The chart shows a clear bearish structure, with consecutive lower highs and lower lows.
A Break of Structure (BOS) has confirmed bearish control after liquidity was taken from the previous high.
🧱 Key Zones
Supply Zone (Sell area):
Highlighted in red: around $3,985 – $3,990
This zone aligns with a prior imbalance and structure break, where sellers stepped in.
Demand Zone (Target area):
Highlighted in green: around $3,957 – $3,950
This is where previous buying occurred and where liquidity likely rests below.
📉 Sell Setup Details
Entry (Sell limit): ~$3,985.00
Inside the lower half of the red supply zone for best risk-to-reward.
Stop Loss (SL): ~$3,990.00
Above the supply zone and last minor high to protect against false breakouts.
Take Profit (TP):
TP1: $3,970.00 — midpoint between current price and main target (≈1:2 R:R)
TP2: $3,957.00 — lower demand zone (≈1:4 R:R)
⚙️ Trade Logic
Liquidity Grab: The previous high near $3,990 was taken out — a classic liquidity sweep before the drop.
Break of Structure: A clean BOS confirms sellers now dominate.
Retracement: Price is currently pulling back toward the supply zone, ideal for short re-entry.
Imbalance fill: The retracement aligns with a fair value gap (FVG) that may get mitigated before continuation down.
💡 Trade Management Tips
If price rejects strongly before entering the full zone, consider a market entry after a bearish engulfing or M1 BOS confirmation.
Move SL to breakeven once price passes $3,972.
Partial close at TP1, let remainder run to TP2.
AUDUSD POSSIBLE SELL SETUP🧭 Market Structure Overview
Current price: around 0.6547
The chart shows a bearish structure shift — after price reached a high near 0.6560–0.6565, it created:
A Break of Structure (BOS) to the downside.
A Change of Character (CHoCH) confirming a transition from bullish to bearish momentum.
🧱 Key Supply and Demand Zones
Supply zone (short entry area):
Marked in red around 0.6550–0.6560
This is where sellers previously entered and broke structure — potential retest zone for short entry.
Demand zones (targets):
Minor demand: around 0.6530–0.6535
Major demand / final target: near 0.6515–0.6510
📉 Trade Plan (Sell Setup)
Bias: Bearish
Entry zone (sell):
Wait for a retracement into 0.6550–0.6555 (supply zone retest)
Confirmation:
Look for lower time frame rejection (e.g. bearish engulfing, BOS down on 1–5m chart) at that zone.
Stop loss:
Above 0.6565 (just beyond the BOS high / supply zone)
Take profit targets:
TP1: 0.6535 (first demand / liquidity pocket)
TP2: 0.6515 (main target, strong demand zone)
Risk-to-reward (approx):
1:3 to 1:4, depending on entry precision
🔍 Market Logic
Price made a lower high and broke structure to the downside.
The CHoCH confirms momentum has shifted.
The liquidity above 0.6560 has been swept — institutions likely distributed there.
Expect a retracement into supply before the next impulsive leg down.
⚠️ Trade Management Tips
If price fails to reach 0.6550 and instead breaks below 0.6535 decisively, consider waiting for a pullback to 0.6540 for re-entry.
Move SL to breakeven after TP1 is hit.
BTCUSD SELL IDEACurrent price: around $114,976
Recent structure: The price made a CHoCH after forming a lower high around $115,600, signaling a potential shift from bullish to bearish momentum.
BOS confirmation: A break of structure downward confirms sellers taking control.
Supply zone: A red zone above ~$115,400–$116,000 shows a bearish supply area, where price could retrace to before continuing lower.
Expected move: A short-term pullback (retracement) toward ~$115,200–$115,400 before a continuation down toward the demand zone near $113,200–$112,800.
📉 Sell idea summary:
Bias: Bearish
Entry zone: ~$115,200–$115,400 (after retracement)
Target: ~$113,200
Stop loss: Above ~$115,600
USDCHF Huge Bullish Divergence like 2020.The USDCHF pair has recently broken above its 1D MA50 (red trend-line) for the first time since March 2025, following a long-term sharp decline. The multi-year pattern is a Channel Down and the current price action is taking place right on its bottom.
At the same time, while the price is on Lower Lows, the 1W RSI has been rising on Higher Lows, showcasing a huge Bullish Divergence. The last time we saw this happening at the bottom of this Channel Down, was between August - December 2020. That was the pattern's previous Lower Low bottom formation and after the 1D MA100 break-out took place, the pair started its new Bullish Leg that exceeded the 0.618 Fibonacci retracement level, while smashing through its 1W MA200 (orange trend-line).
As a result, we have turned bullish long-term on USDCHF, targeting the 0.618 Fib at 0.86750, expecting a contact with its 1W MA200 there.
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EURUSD: Buyers Preparing for a Potential Reversal MoveHello everyone, here is my breakdown of the current Euro setup.
Market Analysis
After a prolonged bearish trend that followed the formation of a clear Head and Shoulders pattern, EURUSD has transitioned into a range-bound consolidation. The market structure suggests that sellers are losing momentum, as the price has established strong support near the 1.15550 area, forming a key demand zone where buyers have shown repeated interest.
Recently, the market created a descending triangle formation, with price action coiling between the Triangle Resistance Line and Triangle Support Line. The current positioning shows that EURUSD is testing the lower boundary of this structure — an area that aligns with both historical support and the bottom of the range, forming a strong confluence zone.
My Scenario & Strategy
In my view, this setup provides an interesting long opportunity if the support around 1.15550–1.1600 continues to hold. I’m looking for a bullish reaction or confirmation signal (such as a strong breakout candle or retest) from the Triangle Support Line. If buyers successfully defend this area, I expect the price to rebound upward, breaking through the descending Triangle Resistance Line and initiating a new bullish leg within the broader structure.
My first target (TP1) for this move is the 1.17570 resistance level, which represents a key zone of prior supply and a natural technical objective for the next upward rotation.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
#037: SHORT Investing Opportunity on NZD/USD
The NZD/USD exchange rate is exhibiting behavior that warrants attention from institutional traders. Hello, I'm Andrea Russo, an independent Forex trader and prop trader with $200,000 in capital under management. Thank you in advance for your time.
After a consolidation phase characterized by progressively higher lows, the market has reached a technical area that historically represents a decision point for directional flow.
In recent sessions, price action has shown a slowdown in the bullish momentum, with small-bodied candles and clear upper wicks, a sign of absorption of buying pressure. At the same time, an increase in intraday volatility has been observed, typical of phases in which liquidity begins to change sides.
Fundamentally, the environment remains fragile for the New Zealand dollar. Expectations of a more accommodative monetary policy from the RBNZ, combined with mixed macroeconomic data, are keeping medium-term sentiment anchored to a cautious outlook. The US dollar, while not showing particular strength, continues to benefit from the rate differential and demand for hedging in times of uncertainty.
From a technical perspective, recent price behavior suggests that the market is seeking liquidity near resistance areas, where pending orders and potential profit-taking by those who have been long in previous weeks are concentrated. This is often where the institutional transition between accumulation and distribution occurs, a prelude to broader directional movements.
Professional traders are closely monitoring the price reaction in this range: a confirmed rejection of the upper range, accompanied by consistent volume, could be an early sign of a return to bearish interest.
USD/CHF - Long🔥 USD/CHF – 1H Forecast Breakdown 🔥
Alright traders, let’s cook this one up 👇
🧠 Bias
Currently leaning bullish on USD/CHF as price holds firm above a key 1H demand zone near 0.7945–0.7955.
After multiple liquidity grabs in this area, buyers are stepping back in — hinting that smart money may be reloading longs 👀.
🧩 Technical Breakdown
Price rejected a 1H demand zone with strong bullish candles.
The 200 EMA is hovering above price but flattening out — potential early signal of a reversal phase.
Structure-wise, we’ve created higher lows since the sweep, suggesting a buildup for continuation.
Entry is around 0.7969, targeting the next 4H supply near 0.8016.
Stop sits tight below the demand zone at 0.7944 — just under liquidity.
🎯 Trade Setup
Entry : 0.7969
SL : 0.7944
TP : 0.8016
R:R: ≈ 1.89
Risk: 25% (Aggressive test setup for small account challenge 💥)
⚙️ Game Plan
Wait for price to retest entry zone or show a bullish 15M confirmation candle before entering.
If we clear 0.7995, momentum could accelerate fast toward TP.
If we break below 0.7940, this idea’s invalid — we’ll reassess for a deeper discount.
🧠 Summary
USD/CHF looks ready to spring out of a compression range. Liquidity below has been taken — next logical move is to hunt highs. Keep it clean, manage your lot size, and trail stops once we clear 0.7990.
EURUSD Monday 27 to Friday 31 October 2025.Macro map for 27 to 31 Oct 2025
Concentration of policy and inflation prints means policy expectations and real yields will drive the United States dollar, global equities, bitcoin, and gold. The hinge events are Wednesday FOMC, Thursday US GDP advance and German data, Friday US Core PCE and Chicago PMI. Secondary drivers are BoJ policy guidance and ECB tone, plus BoC.
Watch list
Real ten year yield and the DXY dollar index after FOMC and PCE
EUR front end versus USD front end after ECB and FOMC
VIX around the FOMC window and into PCE
US liquidity windows around 14:00 Eastern on Wednesday and 08:30 Eastern on Thursday and Friday
EURUSD outlook for next week
Set up
EURUSD faces a rare three way cross current. The Federal Reserve delivers statement and press conference on Wednesday. The European Central Bank speaks on Thursday alongside German GDP and CPI. US growth and inflation updates arrive Thursday and Friday. The pair will key off two spreads. First, the real rate spread between United States and euro area. Second, the expected policy path into the December and January meetings.
Baseline view
The dollar leg is most sensitive to any hint that policy patience is the base case while inflation continues to glide toward target. If the statement and press conference lean patient and Core PCE cools on Friday, front end yields should soften and the dollar should slip. The euro leg depends on whether the ECB signals concern about growth. A balanced message with no rush to cut supports the euro. A growth heavy and overtly dovish tone weighs on it.
Scenarios and probabilities
Upside continuation toward the big round figure above. Probability forty. Triggers are a patient FOMC, softer US Core PCE, and ECB rhetoric that avoids a clear dovish pivot. German CPI in line or firmer would add confirmation.
Downside reaction into prior weekly support. Probability thirty five. Triggers are a firmer Core PCE, hawkish FOMC color on the balance of risks, or ECB emphasis on weak activity with openness to earlier easing.
Range behavior inside last week’s value with false breaks around event time. Probability twenty five. Triggers are mixed signals or offsetting messages across the two central banks.
Key levels and timing
Round numbers around one point zero eight, one point zero nine, and one point one zero matter. Prior week high and low define acceptance. Expect the largest one hour ranges near 14:00 Eastern on Wednesday and 08:30 Eastern on Friday. Cross asset confirms are a drop in real yields for the bullish case and a jump in the DXY for the bearish case.
Risk notes
BoJ guidance can move United States yields through global duration. A surprise from BoC can spill into USD crosses before the FOMC window. Liquidity is thin in the first minutes after statements. Fade the first spike only with a clearly defined risk budget and a close beyond level.
USDCAD | Bearish Reversal Forming at Overlap ResistanceBased on the M30, we can see that the price is reacting off the sell entry whic is an overlap resistance and could drop from this level to the downside.
Sell entry is at 1.4004, which is an overlap resistance.
Stop loss is at 1.4019, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Take profit is at 1.3978, which is a multi swing low support.
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GOLD | Pullback Resistance AheadBased on the H4 chart analysis, we could see the price rise to the sell entry, which is a pullback resistance that aligns with the 161.8% Fibonacci extension and the 50% Fibonacci retracement, and could reverse from this level to the downside.
Stop loss is at 4,370.70, which is a multi-swing high resistance.
Take profit is at 3,946.74, which is a pullback support that is slightly above the 61.8% Fibonacci retracement.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
DOTUSD | Bearish Rejection at Overlap ResistanceDOT/USD is rising towards the sell entry, which is an overlap resistance and could reverse from this level to the downside.
Sell entry is at 3.065, which is an overlap resistance.
Stop loss is at 3.277, which is a swing high resistance that aligns with the 161.8% Fibonacci extension.
Take profit is at 2.806, which is an overlap support.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
SOLUSD | Approaching Major Resistance LevelSOL/USD is rising towards the sell entry, which is an overlap resistance and could reverse from this level to the downside.
Sell entry is at 198.22, which is an overlap resistance.
Stop loss is at 206.24, which is a swing high resistance that aligns with the 138.2% Fibonacci extension.
Take profit is at 187.02, which is an overlap support.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (thttps://tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
DOGEUSD | Bullish Bounce Off SupportThe price has bounced off the buy entry, which is a pullback support, and oculd rise from this level to he take profit.
Buy entry is at 0.19401, which is a pullback support.
Stop loss is at 0.18966, which is a pullback support.
Take profit is at 0.20603, which is an overlap resistance.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
EOS/USD | Bullish Momentum Building After BounceEOS/USD has bounced off the buy entry and could rise from this level to the upside.
Buy entry is at 0.2748, which is a pullback support.
Stop loss is at 0.2703, which is a pullbakc support.
Take profit is at 0.2908, which is an overlap resistance that is slightly below thhe 61.8% Fibonacci retracement.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Bullish bounce off 50% Fibonacci support?The Gold (XAU/USD) is falling towards the pivot, which aligns with the 50% Fibonacci retracement and could bounce from this level to the swing high resistance.
Pivot: 3,847.44
1st Support: 3,701.62
1st Resistance: 4,357.81
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.
Falling towards multi swing low support?The Cable (GBP/USD) is falling towards the pivot, which is a multi swing low support and oculd bounce to the 1st resistance.
Pivot: 1.3177
1st Support: 1.3009
1st Resistance: 1.3483
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.
Potential bearish continuation?The Swissie (USD/CHF) is rising towards the pivot, which has been identified as an overlap resistance, and could drop to the 1st support, which is a swing low support.
Pivot: 0.8081
1st Support: 0.7833
1st Resistance: 0.8211
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.
Bullish momentum expected?The Loonie (USD/CAD) is falling towards the pivot, which is a pullback support and could bounce to the 61.8% Fibonacci resistance.
Pivot: 1.3913
1st Support: 1.3753
1st Resistance: 1.4152
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.
Heading into Fibonacci confluence?USD/JPY is rising towards the pivot, which is a pullback resistance and could reverse to the 1st suport, which acts as an overlap suport.
Pivot: 154.37
1st Support: 150.67
1st Resistance: 156.36
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.






















