EURUSD Will Move Lower! Short!
Please, check our technical outlook for EURUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.168.
The above observations make me that the market will inevitably achieve 1.159 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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M-forex
USDJPY Will Go Up From Support! Buy!
Please, check our technical outlook for USDJPY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 147.290.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 148.688 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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NZD/CAD LONG FROM SUPPORT
NZD/CAD SIGNAL
Trade Direction: long
Entry Level: 0.807
Target Level: 0.814
Stop Loss: 0.803
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
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AUD/CAD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
AUD-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.890 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the AUD/CAD pair.
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NZD/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 87.352 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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EURGBP - LongEURGBP Analysis - LONG 👆
In this Chart EURGBP H4 Timeframe: By Nii_Billions.
❤️This Chart is for EURGBP market analysis.
❤️Entry, SL, and Target is based off our Strategy.
This chart analysis uses multiple timeframes to analyze the market and to help see the bigger picture on the charts.
The strategy uses technical and fundamental factors, and market sentiment to predict a BULLISH trend in EURGBP, with well-defined entry, stop loss, and take profit levels for risk management.
🟢This idea is purely for educational purposes.🟢
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AUD/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
AUD/CHF is making a bullish rebound on the 1D TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.517 level.
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GBP/AUD SHORT FROM RESISTANCE
GBP/AUD SIGNAL
Trade Direction: short
Entry Level: 2.096
Target Level: 2.089
Stop Loss: 2.100
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURUSD: Strong Bullish OutlookMarket Context:
EU and the US outline next steps on tariffs: If the EU and the US reach an agreement and ease trade tensions, EURUSD may rise due to the strengthening of the EUR.
Germany's Flash PMI increased (49.9 vs 48.8 forecast), showing strength in the eurozone economy, which supports the EUR and pushes EURUSD higher.
Technical Analysis:
EURUSD is currently trading around 1.15900, with strong resistance at 1.17800 and immediate support at 1.15400. The bullish trend continues, confirmed by EMA indicators showing strong momentum.
Trading Strategy:
With the improved PMI data and positive trade forecasts, the outlook for EURUSD is bullish. Traders may look to buy EURUSD when the price pulls back to 1.15400, targeting 1.16700.
Monitor support at 1.15400. If broken, EURUSD could correct towards 1.15000. Use a stop-loss below this support level.
What are your thoughts on this trend?
EURUSD: Market of Buyers
Balance of buyers and sellers on the EURUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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AUDNZD: Short Signal with Entry/SL/TP
AUDNZD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell AUDNZD
Entry - 1.1060
Stop - 1.1069
Take - 1.1045
Our Risk - 1%
Start protection of your profits from lower levels
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GOLD Sellers In Panic! BUY!
My dear subscribers,
This is my opinion on the GOLD next move:
The instrument tests an important psychological level 3329.3
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 3335.26
My Stop Loss - 3326.3
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EUR/USD: Euro Rally to 1.197 on the Horizon? FX:EURUSD is poised for a bullish move on the 4-hour chart , with an entry zone at 1.165 near a solid support zone .
First target at 1.1875 marks initial resistance, while the second target at 1.197 aligns with a key psychological level. Set a stop loss on a 4-hours close below the 200 EMA to manage risk effectively.
A break above 1.17 with strong volume could spark this rally, driven by Eurozone data and USD softening. Keep an eye on ECB statements and U.S. economic releases as potential catalysts.
Ready to catch this wave? Share your thoughts below!
#EURUSD #ForexTrading #TechnicalAnalysis #TradingView #CurrencyPairs #DayTrading #MarketSignals
Dow Theory: Unlocking Market Trends for Consistent ProfitsDow Theory is the foundation of modern technical analysis. Developed by Charles H. Dow in the late 19th century, this theory asserts that the market reflects all information and price movements always follow identifiable trends. To this day, Dow Theory remains a "compass" for traders in understanding price behavior.
6 Core Principles of Dow Theory:
The Market Reflects All
Price includes all information: news, expectations, psychology, and economic data. Therefore, the chart is the most reliable source of information.
The Market Has 3 Trends
Primary Trend: Lasts for several months to years.
Secondary Trend: Adjustments within the primary trend, usually lasting a few weeks.
Minor Trend: Fluctuates over a few days, less significant.
The Primary Trend Has 3 Phases
Accumulation: Smart investors quietly buy.
Public Participation: Large capital flows in, and the trend becomes clear.
Distribution: Large institutions begin to offload, preparing for reversal.
Indices Must Confirm Each Other
Dow used the industrial and railroad indices; today, this means trends are only valid when multiple markets/inter-markets confirm the same direction.
Volume Confirms the Trend
In an uptrend, volume should increase when the price rises and decrease during corrections. The opposite is true for downtrends.
Trends Continue Until Clear Reversal Signals Appear
Traders shouldn’t try to pick bottoms or tops, but rather follow the trend until there's confirmation of a change.
Practical Significance for Traders:
Helps identify the main trend to follow the big money.
Aids in risk management by avoiding trading against the trend.
Provides a comprehensive view: price, volume, and market phases.
Bullish bounce?The Gold (XAU/USD) is falling towards the pivot and could bounce to the 1st resistance, which acts as a pullback resistance.
Pivot: 3,307.62
1st Support: 3,267.80
1st Resistance: 3,350.96
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 off pullback resistance?The Loonie (USD/CAD) is reacting off the pivot, which acts as a pullback resistance that aligns with the 61.8% Fibonacci projection and is also slightly below the 127.2% Fibonacci extension, and could drop to the 50% Fibonacci support.
Pivot: 1.3913
1st Support: 1.3813
1st Resistance: 1.3988
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.
EURNZD: Key Resistance Holds 🇪🇺🇳🇿
It looks like a key resistance that EURNZD reached keeps holding.
I even see some bearish clues on an hourly time frame,
such as a confirmed breakout of a support line of a triangle pattern.
I think that we may see a retracement lower.
Goal - 1.99
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Potential bearish reversal?USD/JPY is rising towards the pivot and could reverse to the 1st support, which has been identified as a pullback support.
Pivot: 148.73
1st Support: 146.82
1st Resistance: 150.78
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 off?The Swissie (USD/CHF) is rising towards the pivot and could reverse to the multi swing low support.
Pivot: 0.81198
1st Support: 0.8033
1st Resistance: 0.8171
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.
Could the Aussie bounce from here?The price is reacting off the pivot which is a swing low support, and could bounce to the 1st resistance.
Pivot: 1.6420
1st Support: 0.6387
1st Resistance: 0.6482
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 major support?GBP/USD is falling towards the pivot, which has been identified as an overlap support and could bounce to the 1st resistance, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Pivot: 1.3390
1st Support: 1.3270
1st Resistance: 1.3520
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?The Fiber (EUR/USD) is reacting off the pivot, which acts as an overlap support and could bounce to the 1st reistance.
Pivot: 1.1591
1st Support: 1.1532
1st Resistance: 1.1677
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.