Potential bearish drop?USD/JPY has rejected the resistance level, which is a pullback resistance, and could drop from this level to our take-profit.
Entry: 148.02
Why we like it:
There is a pullback resistance.
Stop loss: 148.93
Why we like it:
There is a pullback resistance.
Take profit: 146.00
Why we like it:
There is a swing low support.
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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.
M-forex
Bullish bounce?USD/CHF is falling towards the support level, which is a pullback support that aligns with the 127.2% Fibonacci extension and the 100% Fibonacci projection and could bounce from this level to our take profit.
Entry: 0.7971
Why we like it:
There is a pullback support that lines up with the 127.2% Fibonacci extension and the 100% Fibonacci projection.
Stop loss: 0.7923
Why we like it:
There is a multi-swing low support.
Take profit: 0.8026
Why we ike it:
There is a pullback resistance.
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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.
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.
Safe-haven demand continues to hold support.Thus, after several consecutive sessions of increasing to a two-week peak, in response to signals of policy easing from Fed Chairman Jerome Powell as well as Mr. Trump's increasing pressure on the US central bank, gold prices have turned to decrease.
However, the decrease is quite small as safe-haven demand continues to maintain a strong support base.
The US PCE price index (used to measure inflation) released next Friday is expected to guide the gold market, with a consensus forecast of 2.6% for the overall index and 2.9% for the core index.
In the coming time, analysts warn that any erosion in the Fed's independence could boost demand for gold as a policy risk hedge.
In addition, global geopolitical and trade tensions remain persistent and are expected to continue to enhance the safe-haven value of precious metals.
On the afternoon of August 27 (Vietnam time), the US officially raised import tariffs on goods from India to 50%, double the previous rate of 25%, on the grounds that New Delhi continues to buy oil from Russia. This move could threaten trade relations between the US and India - one of Washington's most important partners, while pushing up prices of many commodities.
The probability of a 25 basis point rate cut is 87%.Investors have also bet on two declines in September and December. This limits the room for further declines in the USD, unless the Fed accelerates the pace of interest rate cuts in the rest of the year. However, this possibility is low as almost all Fed members are concerned about rising inflation again.
The decline of the euro also contributed to the USD's rise.
It can be seen that the USD's recovery is not strong enough to reverse the greenback's downward trend, but it has also negatively affected gold prices.
Gold is also under profit-taking pressure after the previous strong increases.
Precious metals are also less attractive when US stocks have positive developments. Stock markets around the world often have extremely active trading in September and October. The strong cash flow into this channel reduces the appeal of the gold market.
GBPUSD: Strong Uptrend – Heading Toward New LevelsGBPUSD is in an uptrend after breaking through key resistance levels. The chart shows that if the price continues to hold above 1.33870, the pair could target 1.34990 in the short term.
Technical Analysis: GBPUSD is currently trading near the support level at 1.33870. If the price holds above this level and does not break it, the likelihood of further upside is high, with the next target at 1.34990.
Fundamental Analysis: Following negative news from the USD, particularly President Donald Trump’s statement about firing a Federal Reserve board member, the USD weakened. This has created an opportunity for GBP to strengthen.
Trading Strategy: Open a buy order when the price holds above 1.33870, targeting 1.34990. Set a stop-loss below 1.33870 to protect the trade.
EURUSD: Strong Uptrend – Ready to Break Key LevelsEURUSD is currently in a stable uptrend, breaking through key resistance levels. The chart shows that the pair could continue to rise as the price breaks above 1.16040 and targets 1.16670 and 1.17020 in the short term.
Technical Analysis: The price is currently trading near important support levels at 1.16040. If EURUSD holds above this level, the pair could continue to move higher, with targets at 1.16670 and 1.17020.
Fundamental Analysis: The USD has weakened following President Donald Trump's statement about firing a Federal Reserve board member. Additionally, weak economic data from the US, including a decline in durable goods orders, has increased expectations that the Fed will cut interest rates. This has provided momentum for EURUSD to rise.
Trading Strategy: Open a buy order when the price breaks above 1.16040, with targets at 1.16670 and 1.17020. Place a stop-loss below the support level at 1.16040 to protect the trade.
Approaching 50% Fib 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 acts as an overlap resistance.
Pivot: 1.3755
1st Support: 1.3716
1st Resistance: 1.3816
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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 drop off?USD/JPY has rejected off the pivot, which acts as a pullback resistance and could drop to the pullback support.
Pivot: 147.88
1st Support: 146.40
1st Resistance: 148.88
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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 drop?The Swissie (USD/CHF) is rising towards the pivot which is a pullback resistance and could drop to the 1st support.
Pivot: 0.7030
1st Support: 0.7970
1st Resistance: 0.8070
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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 Reversal Setup Forming?The Kiwi (NZD/USD) has reacted off the pivot and could potentially rise to the 1st resistance.
Pivot: 0.5847
1st Support: 0.5803
1st Resistance: 0.5913
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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 at Pullback Resistance?The Aussie (AUD/USD) is rising towards the pivot which acts as a pullback resistance and that lines up with the 78.6% Fibonacci retracement and the 78.6% Fibonacci projection and could reverse to the pullback support.
Pivot: 0.6532
1st Support: 0.6495
1st Resistance: 0.6558
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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 Ahead?The Fiber (EUR/USD) is rising towards the pivot, which aligns with the 61.8% Fibonacci retracement and could reverse to the 1st support which is a pullback support.
Pivot: 1.1678
1st Support: 1.1532
1st Resistance: 1.1772
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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 Key Support?US Dollar Index (DXY) is falling towards the pivot and oculd bounce to the 1st resistance.
Pivot: 97.77
1st Support: 97.17
1st Resistance: 98.74
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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 Setup for XAU/USDHello traders , the gold market is currently in a sensitive phase, still influenced by Fed Chair Jerome Powell’s remarks at Jackson Hole, signaling that monetary tightening could ease if the labor market weakens. This has pushed U.S. bond yields lower and weakened the dollar, allowing gold to remain elevated.
Adding to this , rising geopolitical tensions are fueling bullish momentum for gold, providing a solid foundation for recovery if global risks persist.
On the chart , gold is trading around $3,370, after bouncing strongly from the $3,321 support. This zone is becoming a “launchpad” for the next leg higher, especially as gold holds above key EMA levels.
The price structure outlines a bullish scenario with resistance targets:
$3,400 (psychological level – short-term take profit zone)
$3,433 (extended target – next strong resistance)
If the Fed maintains its dovish tone and the dollar stays weak , gold could sustain its upward momentum in the short term, opening the door to higher levels into September.
Safe-Haven Flows Boost GoldHello everyone, what are your thoughts on OANDA:XAUUSD ?
Yesterday, as expected, gold surged strongly and is now holding its bullish momentum, trading around $3,385 in Wednesday’s Asian session after bouncing from a low of $3,367 — a move of more than 200 pips.
Gold gained after the USD weakened following President Trump’s unexpected decision to dismiss Fed Governor Lisa Cook, prompting safe-haven flows into gold. At the same time, signals from Fed Chair Powell about a potential rate cut further support the bullish outlook, as gold typically benefits in a lower interest rate environment.
From a technical perspective, gold remains in an uptrend, with price holding above key EMAs and trendline support. Current pullbacks appear healthy, consolidating strength for the broader bullish structure. As long as this structure is intact, short-term upside momentum remains dominant.
The key levels to watch from a broader technical perspective are $3,400, and above that, $3,415 comes back into play.
Looking ahead, the market will closely watch the U.S. PCE inflation report on August 29, a key gauge for the Fed’s policy direction. Expectations of a policy shift could weigh further on the USD and provide additional support for gold. Meanwhile, rising geopolitical risks worldwide continue to position gold as a leading safe-haven asset.
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Gold XAUUSD market analysis Gold #xauusd technical analysis. Price is bouncing off trend lines as support and resistance. Price is at resistance levels and should continue to drop down to support levels at the 3380 area. If you are forex trading gold #xauusd the short is short term goal. If you are trading futures we are still in a bull market overall direction is up. We will see the market retrace here back to our support trend lines.
BTC/USD: Bitcoin Set to Explode?As of August 27, 2025, Bitcoin (BTC) is trading at approximately $111,612, reflecting a slight daily increase. The cryptocurrency market has experienced notable developments recently, influencing both short-term price movements and long-term trends.
The U.S. government's establishment of the Strategic Bitcoin Reserve in March 2025, under President Trump's executive order, has significantly impacted market sentiment. This move positions Bitcoin as a national reserve asset, with the U.S. Treasury holding an estimated 198,000 BTC. Such institutional adoption has bolstered investor confidence, contributing to Bitcoin's recent price surge to over $124,000 earlier this month...
Additionally, the rise of Bitcoin Treasury Companies (BTCs), such as MicroStrategy, which now holds around 630,000 BTC, has further reduced available supply on exchanges. Reports indicate that Bitcoin availability on exchanges fell below 15% in July 2025, a low not seen since 2018. This scarcity has intensified demand, driving prices higher.
Bitcoin is currently consolidating between the $112,000 and $115,000 levels. The 50-day exponential moving average (EMA) near $114,000 has acted as a resistance point, while support is observed around $110,000. A breakout above $115,000 could pave the way for a retest of the $120,000 to $125,000 range.
Conversely, a decline below $110,000 may lead to further downside, with potential support levels at $108,000 and $105,000. The Relative Strength Index (RSI) is hovering around 42, indicating that the market is not overbought, allowing room for upward movement.
*Bitcoin's market is currently characterized by strong institutional support, reduced supply on exchanges, and positive regulatory developments. While short-term fluctuations are possible, the overall trend points towards continued growth. Investors should monitor key support and resistance levels, as well as macroeconomic indicators, to navigate the evolving landscape effectively.
GBPAUD: Bullish Move to 2.0978? As the previous analysis worked exactly as predicted, FX:GBPAUD is setting up for a bullish push on the 4-hour chart , with an entry zone between 2.0700-2.0725 near a key support level.
The target at 2.0978 aligns with the next resistance, offering solid upside potential. Set a stop loss on a 4h close below 2.06 to manage risk effectively. 🌟 A break above 2.075 with strong volume could confirm this move, driven by GBP strength and AUD weakness. Watch UK data and RBA signals!
📝 Trade Plan:
✅ Entry Zone: 2.0700 – 2.0725 (support area)
🎯 Target: 2.0978 (next resistance level)
❌ Stop Loss: 4h close below 2.0600 to manage risk
Ready to catch this trend? Drop your take below! 👇
EURAUD to see a turnaround?EURAUD - 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 1.7900 will confirm the bullish momentum.
The measured move target is 1.7950.
We look to Buy at 1.7850 (stop at 1.7815)
Our profit targets will be 1.7925 and 1.7950
Resistance: 1.7900 / 1.7925 / 1.7950
Support: 1.7875 / 1.7850 / 1.7825
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.
GBP-CAD Bearish Breakout! Sell!
Hello,Traders!
GBP-CAD made a bearish
Breakout of the key horizontal
Level of 1.8640 and the
Breakout is confirmed so
We are bearish biased and
We will be expecting a
Further bearish move down
Sell!
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Key Zone Reclaimed: Can $ARB Push Higher?AMEX:ARB has reclaimed the support zone and is holding above it, showing early bullish strength.
However, price is still far from the major descending resistance, so for now, it’s in a mid-range. Bulls need to defend this level to build toward a potential breakout later.
DYOR, NFA
EUR-JPY Rebound Ahead! Buy!
Hello,Traders!
EUR-JPY will soon make
A retest of the horizontal
Support of 171.117 and
After that a local bullish
Rebound is to be expected
Buy!
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