GOLD - BEARISH TO $3,588 (1H UPDATE)Like I said on yesterday’s update, we’re yet to see ‘Minor Wave 4’ correction on Gold, as part of the bigger Wave 3 bullish cycle.
We’ve seen a ‘Break of Structure’ as price broke below previous ‘Wave IV’ yesterday. I’ve placed a ‘Sell Stop’ order at $3,629. If this activates, I’ll be targeting $3,588📉
If this doesn’t activate, then our buy positions keep pushing higher into profit!
J-USD
Gold : Neutral Between 3,640–3,657, Breakout to DecideGold – Overview
Gold hit a fresh record high at $3,659 on Tuesday, supported by weak U.S. jobs data and growing bets on Fed rate cuts. Traders now await key U.S. inflation releases – PPI on Wednesday and CPI on Thursday – which could drive the next major move.
📊 If inflation comes in hotter than expected, gold risks a sharp correction.
📊 If inflation is weaker, expectations for a 50 bps Fed rate cut could lift gold further.
Technical Outlook:
🔻 While below 3,657, price may correct toward 3,640. A 15M close below 3,640 would extend the decline to 3,629.
🔺 Stability above 3,657 on a 15M close would support further upside toward 3,665 → 3,683.
Key Levels:
Pivot: 3,657
Support: 3,640 – 3,629 – 3,612
Resistance: 3,665 – 3,683
previous idea:
EURUSD Pullback Toward 1.16700 as DXY Nears Key ResistanceHey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around the 1.16700 zone. The pair is trading in an uptrend, with price currently correcting toward this key support/resistance level.
Structure: The broader bias remains bullish, but price is retracing after recent highs.
Key level in focus: 1.16700 — a significant area where buyers may look to rejoin the trend.
Fundamentals: The U.S. Dollar Index (DXY) is approaching a strong resistance area around 98.170, which aligns with its broader downtrend. A rejection from this level could reinforce USD weakness and support EURUSD upside momentum.
Trade safe,
Joe.
EURUSD POSSIBLE BUY SETUP 📈 EURUSD – Possible Bullish Reversal from Demand Zone
Description:
EURUSD is currently pulling back after a break of structure (BOS) to the upside. Price is approaching a demand/support zone around 1.1640 – 1.1600, which could provide a strong base for a bullish continuation.
Demand Zone (possible entry): 1.1640 – 1.1600
Stop Loss: Below 1.1590
First Target: 1.1720 – 1.1750
Main Target: 1.1800+
Bias:
I’m bullish on EURUSD if price respects the demand zone around 1.1640 – 1.1600.
Risk Note:
⚠️ This is analysis only, not financial advice. Always apply proper risk management.
USD/JPY - Targets for next move Hi Traders, what are everyone's thoughts on USD/JPY?
This is my view.. I see price in HTF making Bullish movements reacting of Demand zones. What we have now is a very clear ranging market after price came off the Supply zone. BSL was swept and now we are stuck between a very weak Support and Resistance.
So what I belive will happen next will be due to HTF bullish Demand, I see SSL liquidity that has to be swept before buyers step in to drive the price back up again. Im seeing much stronger rejections from sellers than I am from buyers currently telling me Sellers have more control.
I do have short positions currently active but I will continue to add more positions on this pullback. The highlighted yellow area within the IMB will be my targets.
Good luck traders and please follow and comment if this was helpful
USDCAD H4 | Bearish reversal off overlap resistanceUSD/CAD is reacting off the sell entry which is an overlap resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to the take profit.
Sell entry is at 1.3856, which is an overlap resistance that lines up with the 61.8% Fibonacci retracement.
Stop loss is at 1.3918, which is a swing high resistance that lines up with the 100% Fibonacci projection.
Take profit is at 1.3791, which is a pullback support that aligns with the 50% Fibonacci retracement.
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.
NZDUSD H4 | Bullish riseThe Kiwi (NZD/USD) has bounced off the buy entry which is a pullback support that aligns with the 23.6% Fibonacci retracement and could rise from tis level to the upside.
By entry is at 0.5926, which is a pullback support that lines up wit he 23.6% Fibonacci retracement.
Stop loss is at 0.5900, which is a pullback support that align with the 38.2% Fibonacci retracement.
Take profit is at 0.5984, which acts a a swing high resistance.
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.
USDJPY H1 | Bullish bounce offUSD/JPY has bounced off the buy entry, which is a pullback support, and could rise from this level to the upside.
Buy entry is at 147.22, which is a pullbacksupport.
Stop loss is at 146.84, which is a pullback support.
Take profit is at 147.90, which is a pullback resistance.
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.
USDCHF H1 | Bearish reversal off 50% Fibonacci resistanceUSD/CHF is rising towards the sell entry which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to the take profit.
Sell entry is at 0.7994, which is an overlap resistance that aligns witht he 50% Fibonacci retracemnt.
Stop loss is at 0.8025, which is a pullback resistance.
Take profit is at 0.7945, 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.
CABLE H1 | Bearish drop off?Based on the H1 chart analysis, we could see the price rise to the sell entry which is a pullback resistance that aligns with the 50% Fibonacci retracementand could drop from this leve to the donwnside.
Sell entry is at 1.3549, which is a pullback resistance that lines up with the 50% Fibonacci retracemnt.
Stop loss is at 1.3590, which is a swinghigh resistance.
Take profit is at 1.3486, which is a pullback support that is slightly below the 38.2% Fibonacci retracement.
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.
CABLE H4 | Bearish drop offBased on the H1 chart analysis, we could see the price rise to the sell entry which acts as a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to the downside.
Sell entry is at 1.3549, which is a pullback resistance that aligns with he 50% Fibonacci retracement.
Stop loss is at 1.3590, which is a swing high resistance.
Take profit is at 1.3486, whic is a pullback support that is slightly below the 38.2% Fibonacci retracement.
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.
EURUSD H4 | Bearish dropEUR/USD 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 1.1737, which is a pullback resistance that aligns with the 50% Fibonacci retracement.
Stop loss is at 1.1780, which is a multi swing high resistance.
Take profit is at 1.1615, 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.
Potential bullish reversal?EUR/GBP is falling towards the pivot, which serves as a pullback support, and could bounce to the first resistance.
Pivot: 0.86388
1st Support: 0.86221
1st Resistance: 0.86665
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.
ETHUSDT – Sideways with Long-Term OpportunitiesCurrently, ETHUSDT is trading in a sideways range, fluctuating between key support and resistance levels. After facing resistance at 4,360 USD, the price has corrected and is now moving within the range of 4,170 USD – 4,360 USD. The market is lacking decisiveness and there are no strong signals to break these levels.
On the H4 chart, ETHUSDT remains below the downtrend line, indicating hesitation in breaking out. The price has not been able to surpass EMA34 and EMA89, reflecting uncertainty in the trend.
In this sideways market, the price could continue to fluctuate within the 4,170 USD support and 4,360 USD resistance. If a breakout occurs, ETHUSDT may target higher levels, especially if strong capital inflows continue.
Overall, the sideways trend still dominates. However, the market could change quickly if macroeconomic factors or shifts in monetary policy and major events come into play.
Bullish reversal off major support?USD/ZAR has bounced off the pivot and could rise to the 1st resistance.
Pivot: 17.48002
1st Support: 17.38034
1st Resistance: 17.63326
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 continution?AUD/USD is falling towards the support level, which serves as a pullback support slightly above the 61.8% Fibonacci retracement, and could bounce from this level to our take-profit.
Entry: 0.6552
Why we like it:
There is a pullback support level that is slightly above the 61.8% Fibonacci retracement.
Stop loss: 0.6510
Why we like it:
There is a pullback support level.
Take profit: 0.6620
Why we like it:
There is a multi-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 reversal in play?USD/CHF has bounced off the support level, which is a pullback support and could potentially rise from this level to our take profit.
Entry: 0.7948
Why we like it:
There is a pullback support level.
Stop loss: 0.7907
Why we like it:
There is a pullback support level.
Take profiit: 0.8025
Why we like it:
There is a pullback 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.
Bearish drop off?GBP/USD is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit.
Entry: 1.3546
Why we like it:
There is a pullback resistance level.
Stop loss: 1.3590
Why we like it:
There is a swing high resistance level.
Take profit: 1.3485
Why we like it:
There is a pullback support that aligns with 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.
Potential bearish drop?EUR/USD is reacting off the support level, which is a pullback support, and a breakout of this level could lead the price to drop from this level to our take profit.
Entry: 1.1705
Why we like it:
There is a pullback support.
Stop loss: 1.1739
Why we like it:
There is a pullback resistance level.
Take profit: 1.1657
Why we like it:
There is a pullback support that is slightly below the 78.6% 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.
NZDUSD to continue in the upward move?NZDUSD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5950 will confirm the bullish momentum.
The measured move target is 0.5975.
Pivot support is at 0.5820.
We look to Buy at 0.5915 (stop at 0.5895)
Our profit targets will be 0.5970 and 0.5975
Resistance: 0.5950 / 0.5970 / 0.5975
Support: 0.5925 / 0.5915 / 0.5900
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EURUSD Key for the trend is the 1H MA50.The EURUSD pair has been trading within a short-term Channel Up similar to late August's. It's Support is the 1H MA50 (blue trend-line), which is critical, as a candle close below it was what reversed the trend to bearish on the previous Channel Up.
As a result, as long as it holds, we will stay bullish, targeting 1.1800 (the 1.3 Fibonacci extension, which was the peak of the previous Channel Up).
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Dollar-Yen Outlook: Bearish While Under 147.82 PivotUSDJPY – Overview
The pair shows bearish momentum after stabilizing below 147.82, confirming pressure to the downside.
Technical Outlook:
📉 As long as price trades below 147.82, bearish momentum is expected to extend toward 147.07 → 146.35.
📈 A confirmed 4H close above 147.82 would shift momentum bullish, targeting 148.49 → 149.00.
Key Levels:
Pivot: 147.82
Support: 147.07 – 146.35
Resistance: 148.49 – 149.00
Bias: Bearish below 147.82; bullish recovery possible only on a confirmed break above this pivot.