EURUSD | Bullish bounce from supportEUR/USD has bounced off the buy entry which is a pullback support that aligns with the 38.2% Fibonacci retracement and could potentially rise from this level to the upside.
Buy entry is at 1.1725, which is a pullbacksupport thast aligns with the 38.2% FIbonacci retracement.
Stop loss is at 1.1703, which is a pullback support.
Take profit is at 1.1779, which is a swing high resistance that is slighl yabive the 161.8% Fibonacci extension.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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. 66% 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.
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
J-USD
XAUUSD 1hr | Gold - Bears are Coming !!Bearish Overview
Gold is entering a period of consolidation (sideways price action) and is currently positioned in the lower area of this consolidation zone. Watch how gold reacts on Sunday and Monday as we approach strong support. Gold looks to find more liquidity towards the lower lows. Gold is technically breaking down from a small 1 hr wedge (Labeled), which could drop the price closer to support and bearish territory.
Prices to look at:
3615
3600, If gold breaks below, look to sell to 3570-3580
Remember:
Gold is bullish! GOLD hit the DAILY breakout target in 2 weeks. Look to go long around support. Any bullish sign in this zone could lead to a bounce back up to the ATH
Bullish bounce from support?The Kiwi (NZD/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance.
pivot: 0.5902
1st Support: 0.5789
1st Resistance: 0.6122
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 reversal for the Aussie?The price is reacting off the pivot and could reverse to the 1st support which acts as an overlap support.
Pivot: 0.6644
1st Support: 0.6452
1st Resistance: 0.6819
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.
Could price be setting up for a bullish reversal?USD/JPY is falling towards the pivot, which is an overlap support and could bounce to the 1st resistance.
Pivot: 146.62
1st Support: 144.86
1st Resistance: 150.96
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.
Price rebounds bullishly from key support?The Loonie (USD/CAD) is falling towards the pivot, which has been identified as an overlap support and could bounce to the 1st resistance, which is slightly below the 50% Fibonacci retracement.
Pivot: 1.3755
1st Support: 1.3568
1st Resistance: 1.4015
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.
Bearish continuation setup?The Swissie (USD/CHF) is rising towards the pivot and could drop to the pullback support.
Pivot: 0.8027
1st Suport: 0.7894
1st Resistance: 0.8169
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.
Bearish reversal setup?The Cable (GBP/USD) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support, which acts as an overlap support.
Pivot: 1.3616
1st Support: 1.3367
1st Resistance: 1.3791
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 breakout in progress?The Fiber (EUR/USD) has broken out of the pivot which acts as a pullback support and could rise to the 1st resistance.
Pivot: 1.1711
1st Support: 1.1584
1st Resistance: 1.1846
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 bounce off 50% Fibonacci support?NZD/USD is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.5913
Why we like it:
There is an overlap support that aligns with the 50% Fibonacci retracement.
Stop loss: 0.5882
Why we like it:
There is an overlap support that is slightly below the 61.8% Fibonacci retracement.
Take profit: 0.5985
Why we like it:
There is a swing high resistance 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.
Bullish continuation?AUD/USD is falling towards the support level, which is a pullback support that is slightly below the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.6619
Why we like it:
There is a pullback support that is slightly below the 23.6% Fibonacci retracement.
Stop loss: 0.6568
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.6690
Why we like it:
There is a pullback resistance.
Enjoying your TradingView experience? Review us!
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 reversal off?USD/JPY has rejected the resistance level, which serves as a pullback resistance and could potentially drop from this level to our take-profit.
Entry: 147.95
Why we like it:
There is a pullback resistance level.
Stop loss: 148.44
Why we like it:
There is a swing high resistance that aligns with the 127.2% Fibonacci extension.
Take profit: 146.79
Why we like it:
There is a pullback support that is slightly above the 127.2% Fibonacci extension.
Enjoying your TradingView experience? Review us!
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.
Potential bearish drop off?USD/CAD has rejected the resistance level, which serves as a pullback resistance that aligns with the 50% Fibonacci retracement, and could potentially drop from this level to our take-profit target.
Entry: 1.3858
Why we like it:
There is a pullback resistance that aligns with the 50% Fibonacci retracement.
Stop loss: 1.3888
Why we like it:
There is a swing high resistance level.
Take profit: 1.3809
Why we like it:
There is a pullback support that aligns with the 78.6% Fibonacci projection.
Enjoying your TradingView experience? Review us!
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.
NZDUSD Pullback Toward 0.59300 Within Ongoing UptrendHey Traders, in the coming week we are monitoring NZDUSD for a buying opportunity around the 0.59300 zone. The pair is trading in an uptrend, with price currently correcting toward this key support/resistance level.
Structure: The broader bias remains bullish, though price is pulling back after recent highs.
Key level in focus: 0.59300 — an important area where buyers may look to step in and resume the upward trend.
Fundamentals: Broader USD weakness and improving risk sentiment continue to favor commodity-linked currencies like NZD, making this level one to watch closely.
Trade safe,
Joe.
EUR/USD – Buyers Holding the Mid-Channel SupportHello guys!
EUR/USD is still moving inside a clean ascending channel on the 4H chart. Price just bounced off the 1.1690–1.1700 support zone, which also lines up with the channel’s midline; a pretty solid area for buyers to step in.
As long as this zone holds, the bias stays bullish. If momentum continues, I’m looking for a move toward the 1.1760–1.1780 area, which is the top of the channel.
If price slips back under 1.1680, then this idea gets invalidated, and we could see a deeper pullback toward 1.1620.
For now, structure is intact, buyers are defending key levels, and the path of least resistance is still up.
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Bitcoin will reach resistance line of channel and then dropHello traders, I want share with you my opinion about Bitcoin. The current market structure for Bitcoin is defined by a well-established upward channel that was formed after the price broke out of a prior triangle consolidation. This bullish pattern has been guiding the price action of BTC higher through a clear sequence of higher highs and higher lows between its dynamic support and resistance lines. The market has just completed another full upward rotation within this structure and is now positioned at a critical inflection point. Currently, the price is directly testing the upper boundary of the channel, which forms a powerful confluence of resistance with the horizontal 113500 - 114000 seller zone. This area has historically been a strong barrier where price has reversed on previous occasions. The primary working hypothesis is a short, rotational scenario, based on the expectation that sellers will once again defend this significant resistance confluence. A confirmed rejection from this seller zone would validate the integrity of the upward channel and likely initiate a new corrective swing to the downside, which would first need to break the current support level at 113500. Therefore, the TP is logically placed at 112400 points, a target that aligns perfectly with the ascending support line of the channel. Please share this idea with your friends and click Boost 🚀
SOLUSDT Rallies: Heading Towards New HighsSOL is in a strong uptrend, with the support level at 225.00 USD having been tested and held. The price is currently aiming for 250.00 USD, with technical indicators signaling the continuation of this trend. The clear upward trendline and institutional inflows are strengthening SOL's bullish momentum.
Forecast:
If SOL maintains above the 225.00 USD support, there is a high probability it will continue to rise towards 250.00 USD.
Buy SOL when the price retraces to the 225.00 USD support zone.
Set a stop loss below 220.00 USD to protect your capital.
US Unemployment Claims data came in higher than expected, weakening the USD, which provides favorable conditions for SOL to increase in value. Additionally, Forward Industries completed a 1.65 billion USD fundraising deal to build the Solana Treasury, with participation from Galaxy Digital, Jump Crypto, and Multicoin Capital, providing a strong boost for the Solana ecosystem.
Heading into overlap resistance?The Swissie (USD/CHF) is rising towards the pivot, which acts as an overlap resistance and could reverse to the 1st support.
Pivot: 0.7996
1st Support: 0.7909
1st Resistance: 0.8031
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.
Bearish reversal off major resistance?USD/JPY is rising towards the pivot and could reverse to the 1st support, which is a multi-swing low support.
Pivot: 147.86
1st Support: 146.41
1st Resistance: 148.85
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.
USDJPY – Awaiting a Breakout👋Hello everyone, let’s take a closer look at FX:USDJPY !
The Japanese Yen continues to move sideways against the weakening US Dollar as we head into Thursday’s trading session. The pair is currently trading around 147.44, showing a slight decline.
Although the short-term bias leans toward the downside, traders seem reluctant to make aggressive bets, choosing instead to wait for the release of the US CPI data later today.
[b ]On the technical side: USDJPY is moving within a narrowing wedge pattern. Recent USD weakness has limited any chances of reversal, and as the price moves closer to the tip of the wedge, the probability of a breakout increases. If today’s data once again weighs on the USD, a downside breakout below the key boundary would be highly anticipated.
💬What do you think about this pair? Share your thoughts in the comments!
XAGUSD H1 | Price retracing into support levelSilver (XAG/USD) is falling towards the buy entry, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to the take profit.
Buy entry is at 41.20, which is a pullback support that aligns with the 61.8% Fibonacci retracement.
Stop loss is at 40.76, which is a pullback support level.
Take profit is at 41.64, which is a swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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. 66% 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 Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USDCAD H1 | 50% Fibonacci resistance signals bearish reversalLoonie (USD/CAD) is rising towards the sell entry, which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to the downside.
Sell entry is at 1.3857, which is a pullback resistance that aligns with the 50% retracement.
Stop loss is at 1.3792, which is a swing high resistance.
Take profit is at 1.3792, which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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. 66% 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 Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
KIWI H4 | Pullback resistance signals bearish reversalBased on the H4 chart analysis, we could see the price rise to he sell entry, which is a pullback resistance that is slightly above the 61.8% Fibonacci projection and could reverse from this level to the take profit.
Sell entry is at 0.6003, which is a pullback resistance that is slightly above the 61.8% Fibonacci projection.
Stop loss is at 0.6055, which is a swing high resistance that aligns with the 127.2% Fibonacci extension.
Take profit is at 0.5941, which is a pullback support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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. 66% 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 Global LLC (tradu.com ):
Losses can exceed deposits.
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