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CAD/JPY: Bearish Breakdown to 101.92?FX:CADJPY is displaying strong bearish signals on the daily chart , with price adhering to a downward trendline established since July 11th, forming successive lower highs that underscore persistent downward momentum . The highlighted " Compress Pattern " at the lower end suggests a period of consolidation and price compression, often preceding a volatile breakout to the downside as sellers build pressure against key supports. Entry zone between 108.86-109.75 for a short position. First target at 101.75 (risk-reward >1:2.5) , second at 101.92 (risk-reward >1:5.5) near major support zones. Set a stop loss on a close above 110.05 to guard against an upside reversal. Seek confirmation through a decisive break below the entry with elevated volume. 🌟 Fundamentally , this week we have Canada's inflation rate report, which significantly impacts CAD—recent data shows September YoY inflation at 1.9% and core at 2.6%, potentially influencing BoC policy. Additionally, Japan's trade balance report this week could introduce volatility to JPY, with the Merchandise Trade Balance Total scheduled for October 22st. 💡 📝 Trade Plan: ✅ Entry Zone: 108.86 – 109.75 (short entry near resistance/trendline) ❌ Stop Loss: Close above 110.05 🎯 Targets: TP1: 107.75 (R:R > 1:2.5) TP2: 101.92 (R:R > 1:5.5) What's your perspective on this setup? Share in the comments! 👇
Short
by Master_Hunter
3
XAUUSD: Profit-Taking Pressure Emerges XAUUSD: Profit-Taking Pressure Emerges - Trading Strategy as Gold Adjusts Hello traders community, Today's trading session witnessed a strong "Price Rejection" of XAUUSD at a new peak, triggering a nearly $20 decline. Although the long-term bullish structure remains intact, the profit-taking signals from buyers are clear. This article will delve into key price zones and outline a detailed trading strategy amidst the adjusting market. 📊 Technical Analysis The H1 chart provides an overview of current liquidity zones and price structure: Fibonacci Resistance Zone: The price reacted strongly at the confluence of the 2.618 Fibonacci Extension levels, around the $4240 area. A strong bearish candle appeared right after the price touched this zone, confirming it as an extremely potential "Sell zone." Sellers have officially entered the fray. Point of Control (POC) and Liquidity: The Volume Profile (VPVR) indicator shows the largest trading volume concentration (POC) at $4196. This is the "magnet" zone attracting price in the short term. If the price recovers, this will be the decisive tug-of-war zone. Key Support Zones: $4196 (Buy Scalping): The POC zone acts as the first price support point. Scalpers can look for short-term buying opportunities here. $4158 (Buy Zone): This is a firmer support zone, the bottom of the previous upward move, and also an area with significant trading volume. Buyers are likely to return strongly if the price adjusts here. 📰 Market Sentiment Profit-Taking Pressure: After a hot growth streak, Gold's sharp nearly $20 decline is a healthy adjustment move. The selling force mainly comes from short-term profit-taking traders. "Sharks" Still Accumulating: Notably, while the price adjusts, the world's largest gold ETF, SPDR Gold Trust, increased its gold holdings by 1.15 tons. This move shows that large institutions remain optimistic about Gold's long-term prospects and are taking advantage of the dip to accumulate more. This is a signal contrary to short-term price action, traders need to pay special attention. 🎯 Actionable Trading Plan With the current technical signals and market sentiment, we prioritize the strategy of selling on recovery (Sell the Rally). Scenario 1: Sell on Downtrend (Sell) 📉 Entry Zone: Wait for the price to recover to the $4228 area. This is the "retest" area of the liquidity zone previously controlled by sellers. Stop Loss: $4235, above the nearest minor peak. Take Profit: $4210 - $4188 - $4165 - $4133. Scenario 2: Buy at Strong Support (Buy) 📈 Entry Zone: If the price continues to decline, look to buy at the "Buy zone" $4158. Stop Loss: $4150, a safe level below the support zone. Take Profit: $4173 - $4190 - $4205 - $4230. Scenario 3: Short-Term Scalping (Scalping Buy) ⚡️ Entry Zone: Quick buy at the POC $4196. Stop Loss: $4188, a short and tight stop loss. Take Profit: $4210 - $4228. Summary In the short term, sellers temporarily dominate after Gold failed to conquer the $4240 resistance zone. The main strategy is to sell on recovery. However, SPDR's buying action indicates that the medium and long-term uptrend remains very solid. Therefore, buying orders at strong support zones like $4158 are also opportunities not to be missed. Trade with discipline and manage your capital tightly. Wishing fellow traders an effective trading day! Note: This analysis is based on personal views and is for reference purposes only, not direct investment advice.
OANDA:XAUUSDShort
by LiamTradingFX
Hellena | EUR/USD (4H): LONG to the resistance area 1.16827.Colleagues, the recent continuation of the downtrend has made me reevaluate my wave analysis a bit. If everything is correct, we are now witnessing a correction - triangle (ABCDE). In this case, wave “C” should not update the minimum of wave “A”. This means that I expect the upward movement to start either from the current values or after the correction is completed around 1.14876. Then I expect the beginning of the upward movement at least to the resistance area of 1.16827 - the middle line of the triangle. Fundamental context The U.S. dollar is showing signs of weakness — recent labor data came out softer than expected, and markets continue to price in further Fed rate cuts. This reduces demand for the dollar as a safe-haven asset. At the same time, the ECB is likely to keep its current policy unchanged, as there’s limited room for additional easing. That gives the euro a slight fundamental advantage. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
9
EUR/USD: Bearish Pullback to 1.156?FX:EURUSD is flashing bearish signals on the 4-hour chart , where price is testing a downward trendline with successive lower highs, signaling continued weakness in the pair. The good entry point aligns near the EMA 200 (acting as dynamic resistance) and a key resistance zone, setting up for a potential downside continuation if sellers step in. 🎯 Entry zone between 1.167-1.169 for a short position. Target at 1.156 near the support zone for solid risk-reward. 📊 Set a stop loss on a close above 1.1725 to protect against upside breaks. 🌟 Look for confirmation on a break below the entry with increasing volume, amid ongoing USD strength against the EUR. On the fundamental front , today—Wednesday, October 15, 2025,today's Eurozone Industrial Production data stands out as a key event for EUR, while speeches from several Federal Reserve members could influence USD movements. 💡 📝 Trade Plan: ✅ Entry Zone: 1.167 – 1.169 (short setup near resistance & EMA 200) ❌ Stop Loss: Close above 1.1725 🎯 Target: 1.156 (major support & take-profit zone) What's your outlook on this setup? Drop your thoughts below! 👇
Short
by Master_Hunter
7
Gold Analysis - Can Buyers Push the Price to $4,250?OANDA:XAUUSD is currently moving within a clearly defined upward channel, with prices consistently adhering to both the upper and lower boundaries of the channel. The recent bullish momentum indicates that the buyers are in control, creating a strong possibility for the uptrend to continue in the near future. Recently, the price broke through a key resistance level and is now retracing to test it again. If this level holds as support, it will further reinforce the bullish structure, and the next target of 4,250 will become attainable, aligning with the upper boundary of the channel. As long as the price remains above this support zone, the bullish outlook will remain intact. However, if the support is broken, the bullish scenario could be invalidated, increasing the likelihood of a deeper pullback. Remember, before making any trading decisions, always confirm your setups and ensure you are managing risk effectively.
OANDA:XAUUSDLong
by Kiliann_Dang
1
XAUUSD detects the Cup and Handle patternThe market context on XAUUSD is still clearly bullish. The latest movement has shown a stable recovery, pushing towards the expected channel top. But let's pay attention to what happens at this price level. The price tested it once... and then bounced down. It’s coming back... And now, for the third time, we’re waiting for buyers to defend this level again... This looks a lot like a Cup and Handle pattern, a strong signal that buyers are building significant bullish momentum. Now, let’s break it down: The real confirmation comes when the price breaks through the neckline, the resistance level connecting the peaks. That breakout tells us the change is real! Strong and clear. And right now, the market is consolidating. This is the Cup and Handle pattern: a continuation pattern signaling an uptrend. When the price breaks out of the handle, it’s the confirmation that buyers are back, and the new bullish trend is starting.
OANDA:XAUUSDLong
by Kiliann_Dang
5
AUD/CAD: Bearish Drop to 0.9097?As the previous analysis worked exactly as predicted, FX:AUDCAD is signaling a bearish continuation on the 1-hour chart , with price testing a downward trendline and forming lower highs, indicating sustained selling pressure. The entry zone sits near the resistance zone , aligning with the trendline for a high-probability short setup if sellers maintain control. Entry between 0.9182-0.9200 for a sell position. Targets at 0.9116 (first) and 0.9097 (second) near the support zone for a solid risk-reward ratio. Set a stop loss on a close above 0.922 to protect against an unexpected reversal. Look for confirmation with a break below 0.9182 accompanied by increasing volume, driven by the prevailing bearish momentum. Fundamentally , tomorrow—Thursday, October 16, 2025—we have the Australian Unemployment Rate report, which could trigger volatility in AUD. Additionally, the Bank of Canada Governor’s participation in a friendly session in Washington tomorrow may influence CAD movements, adding another layer of uncertainty to the pair. 💡 📝 Trade Plan: ✅ Entry Zone: 0.9182 – 0.9200 (short setup near resistance & trendline) ❌ Stop Loss: Close above 0.9220 🎯 Targets: TP1: 0.9116 (initial support) TP2: 0.9097 (extended downside target) What’s your take on this setup? Share below! 👇
Short
by Master_Hunter
1
XAUUSD – The Uptrend Remains Strongly IntactGold continues to hold above the 4,100 USD/oz zone — a key psychological support level after growing expectations that the Fed may cut interest rates this month. The technical structure shows XAUUSD is still moving within a clear ascending channel, with each retest of the trendline being strongly absorbed by buying pressure. It’s highly likely that the 4,100 – 4,120 area will serve as the next accumulation zone before price moves toward the 4,250 USD target. As long as the Fed maintains its dovish stance and U.S.–China tensions remain elevated, gold’s bullish trend stays firmly intact. Strategy: Focus on Buy on Dip around 4,100 – 4,120, targeting 4,250 – 4,300 in the short term.
OANDA:XAUUSDLong
by Octaviuss
EURUSD Recovers Slightly After Sharp Drop – Trend PendingHello everyone, After the sharp drop from 1.1670 to 1.1560, EURUSD is showing signs of a mild rebound as price has broken above the temporary resistance around 1.1600 and is currently trading at 1.1623. On the 1H chart, the overall structure remains bearish, but the recent upward swings indicate a potential short-term recovery. FVGs at 1.1600, 1.1620, and 1.1630 serve as key support–resistance zones where price may retest before confirming the next direction. The Ichimoku cloud still leans bearish, but Span A and Span B intersect around 1.1620–1.1630, opening room for sideways movement or slight gains if buying pressure strengthens. News sentiment continues to impact the pair. Ongoing US–China trade tensions weigh on risk assets, boosting demand for USD as a safe haven and pressuring EURUSD. Expectations of Fed rate hikes keep the dollar strong, while the EU economy faces challenges, particularly in manufacturing and consumption, limiting euro gains in the short term. Looking ahead, the priority scenario is for price to hold above 1.1600–1.1620, potentially testing stronger resistance at 1.1650 and 1.1670. Surpassing these levels would reinforce the recovery trend, though selling pressure could appear at previous highs. Conversely, failure to maintain above 1.1600 may lead to a retest of 1.1550–1.1570, a critical observation zone for the next rebound or further decline. What do you think — share your thoughts in the comments!
Long
by EmmaChartist
12
Risk-Off Sentiment Strengthens, Gold Holds Bullish StructureHello everyone, Rising US–China tensions are fuelling market volatility, as both sides continue imposing retaliatory tariffs and export restrictions. This escalation has shaken global equities and driven investors back to safe-haven assets like gold. Remarks from Fed Chair Jerome Powell at NABE further boosted expectations for monetary easing, as he hinted at two rate cuts of 25 basis points each within the year. The prospect of lower rates reduces the opportunity cost of holding gold, reinforcing its bullish momentum. During the previous session, gold spiked sharply from 4,090 to 4,180 before slight profit-taking brought it down to around 4,161 — yet it still closed higher than the day before, confirming buyer dominance. On the 1H chart, the uptrend structure remains intact and orderly. Each bullish impulse creates a Fair Value Gap (FVG) that’s later partially filled — a typical pattern of a strong trending market. Overall, the macro narrative continues to favour a “risk-off” sentiment, aligning with the prevailing bullish structure. A modest pullback to the 4,150–4,158 zone could offer an opportunity for momentum to rebuild toward 4,185–4,190, and if this resistance breaks, a move toward 4,200–4,220 could quickly follow.
OANDA:XAUUSDLong
by EmmaChartist
6
GBP/USD – The Pound’s Uptrend ContinuesAlthough weak wage growth data for August caused the pound to dip slightly on Tuesday, positive signals from Bank of England (BoE) Governor Andrew Bailey provide strong support. He emphasized that the BoE will maintain a cautious monetary policy and will not rush to cut interest rates, signaling that rates may remain high for an extended period. On the chart, GBP/USD is currently showing a strong recovery pattern after touching the 1.3300 support zone, and is moving upwards with the next target at 1.34100. The macroeconomic factors from the BoE are likely to fuel further momentum for the pound, with buyers expected to return strongly. Trading Strategy: Buy GBP/USD around 1.33180, with a target towards 1.34100. The pound may continue its upward movement as the BoE’s monetary policy remains supportive.
Long
by Octaviuss
10
AUDUSD: Price Holds Below Daily HTLKey Observations Daily Timeframe: Price remains below HTL, which signals lack of strength to try and trade above it Downside momentum is likely to pick up as price is below EMAs and EMA20 is threatening to cross back below EMA60 H1 Timeframe: Price remains bearish as indicated by it's inability to trade above the EMA band and sustain that momentum Price crossed back below the EMA band with a strong bearish candle so the entry is based on the current pullback move
Short
by FinancialGamblR
KIWI H1 | otential Bearish Reversal off Major Resistance LevelBased on the H1 chart analysis, we could see the price rise to the sell entry, which is an overlap resistance that is slightly below the 50% Fibonacci retracement and could reverse from this level to the take profit. Sell entry is at 0.5738, which is an overlap resistance that is slightly below the 50% Fibonacci retracement. Stop loss is at 0.5768, which is a pullback resistance. Take profit is at 0.5684, 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.
Short
by Tradu
GBPJPY H4 | Sharp Bearish ReversalGBP/JPY is reacting off the sell entry, whichis a pullback resistance that lines up with the 23.6% Fibonacci retracement and could drop from this level to veto the downside. Sell entry is at 202.51, which is a pullback resistance that aligns with the 23.6% Fibonacci retracement Stop loss is at 204.01, which is a pullback resistance that lines up with he 61.8% Fibonacci retracement. Take profit is at 200.41, whichis a pullback support that aligns with the 61.8% 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.
Short
by Tradu
Bearish drop off in play?USD/JPY has rejected off the pivot which is an overlap resistance that aligns with the 50% Fibonacci retracement and could drop to the 1st support. Pivot: 151.60 1st Support: 149.90 1st Resistance: 152.43 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.
Short
by ICmarkets
Bullish reversal off multi swing low support?The Swissie (USD/CHF) is falling towards the pivot, which acts as a multi swing low support and oculd bounce to the 1st resistance, which is acts as an overlap resistance. Pivot: 0.7947 1st Support: 0.7930 1st Resistance: 0.7991 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.
by ICmarkets
Bearish reversal off pullback resistance?Kiwi (NZD/USD) is reacting off the pivot, which acts as a pullback resistance and oculd drop to the pullback support. Pivot: 0.5734 1st Support: 0.5686 1st Resistance: 0.5758 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.
Short
by ICmarkets
Bullish bounce off?Aussie (AUD/USD) has bounced off the pivot which aligns with the 38.2% Fibonacci retracement and could rise to the 1st resistance that aligns with rhe 61.8% Fibonacci retracement. Pivot: 0.6495 1st Support: 0.6469 1st Resistance: 0.6469 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.
Long
by ICmarkets
Bullish momentum to extend?Cable (GBP/USD) has bounced off the pivot and could rise to the multi swing high resistance. Pivot: 1.3354 1st Support: 1.3312 1st Resistance: 1.3486 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.
Long
by ICmarkets
Potential bullish rise?Fiber (EUR/USD) has reacted off the pivot which has been identified as an overlap support and could rise to the 1st resistance. Pivot: 1.1620 1st Support: 1.1543 1st Resistance: 1.1720 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.
Long
by ICmarkets