EURCHF What Next? SELL!
My dear followers,
I analysed this chart on EURCHF and concluded the following:
The market is trading on 0.9432 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9418
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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
M-forex
CADCHF The Target Is UP! BUY!
My dear subscribers,
This is my opinion on the CADCHF next move:
The instrument tests an important psychological level 0.5836
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 - 0.5843
My Stop Loss - 0.5833
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
$EURUSD 15m Mark-UpOANDA:EURUSD
August 15
Analysis Notes:
After the nearly 100 Pip drop we captured on EURUSD, price has reacted to the 4H zone, bounced from the decision demand, and is now heading towards the 15-minute swing. It will likely move up to 50% of the 4H supply zone.
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EURNZD: Bearish Forecast & Outlook
The price of EURNZD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
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GOLD: Bullish Continuation & Long Signal
GOLD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GOLD
Entry Point - 3335.2
Stop Loss - 3332.9
Take Profit - 3340.6
Our Risk - 1%
Start protection of your profits from lower levels
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GBPJPY: Bullish Trend Will Continue 🇬🇧🇯🇵
2 important events these week indicate that GBPJPY will most likely
remain bullish.
First, the price violated a falling trend line and closed above that,
then, we saw a confirmed break of structure BoS and a formation
of a new higher high.
Bullish sentiment will most likely continue to prevail.
Next resistance - 200.6
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NZDJPY Sellers In Panic! BUY!
My dear friends,
NZDJPY looks like it will make a good move, and here are the details:
The market is trading on 87.169 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 87.480
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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
EURUSD My Opinion! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.1688
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.1662
Safe Stop Loss - 1.1701
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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
USDCAD Will Go Lower From Resistance! Sell!
Take a look at our analysis for USDCAD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.379.
Considering the today's price action, probabilities will be high to see a movement to 1.375.
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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EURGBP Will Go Up From Support! Buy!
Please, check our technical outlook for EURGBP.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.862.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.874 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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XAU/USD | Bull or Bear? Let's See! (READ THE CAPTION)By analyzing the #Gold chart on the 4-hour timeframe, we can see that after correcting down to the $3331 demand zone, price faced strong buying pressure and is now trading around $3357.
If gold manages to hold below $3367, we could expect a stronger drop, with downside targets at $3342, $3331, and $3323. This scenario will only fail if price holds above $3350, pushes past $3367, and closes above it — in that case, gold may rally back toward levels above $3390.
This analysis will be updated soon — don’t forget to show some support, friends!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
AUDCHF Will Go Higher! Long!
Here is our detailed technical review for AUDCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.524.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.534 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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XAGUSDHello Traders! 👋
What are your thoughts on Silver?
As shown on the chart, silver has broken its ascending trendline and already completed a retest (pullback) to the broken level. Currently, the price is trading below the key resistance zone and a descending trendline, indicating possible weakness ahead.
We anticipate that after some consolidation in this area, silver will likely move lower toward the marked support levels.
Bias remains bearish unless the price breaks and closes above the resistance area.
💬 What’s your view on silver’s next move? Share it below! 👇
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US30 - potential head and shoulders on 30min chartWatching the US30Cash for a potential short setup.
A head and shoulders pattern may be forming on the 30-minute timeframe. I’m still waiting for confirmation on some key variables before entering the trade.
Trade Details:
📊 Risk/Reward: 2.7
🎯 Entry: 45 224
🛑 Stop Loss: 45 261
💰 Take Profit 1 (50%): 45 141
💰 Take Profit 2 (50%): 45 084
Thanks for checking out my post! Make sure to follow me to catch the next update. If you found this helpful, give it a like 👍 and share your thoughts 💬 — I’d love to hear what you think!
Please note: This is not financial advice. This content is to track my trading journey and for educational purposes only.
GBPCHFGBPCHF price is near the main support zone 1.07101-1.06714. If the price cannot break through the 1.06714 level, it is expected that the price will rebound. Consider buying the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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USDCAD H4 | Potential bearish dropBased on the H4 chart analysis, we can see that the price has rejected off the sell entry which is a pullback resistance and could drop from this level to the downside.
Sell entry is at 1.3806, which is a pullback reistance.
Stop loss is at 1.3875, which is a swing high resistance.
Take profit is 1.3751, which is a pullback support.
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Euro may reach seller zone and then start to decline to 1.1600Hello traders, I want share with you my opinion about Euro. The historical price action for the Euro began with a period of contracting volatility, where the market consolidated within a triangle formation. A decisive breakout from this triangle unleashed a strong upward impulse, which marked a shift into the current market environment characterised by expanding volatility. This new phase is captured by a large broadening wedge, which has since been defining the trading range between the major buyer zone around 1.1450 and a significant seller zone near the 1.1740 resistance. After a powerful impulse down from the top of this wedge was absorbed by the buyer zone, the asset has entered a corrective rally back towards the upper boundary. Currently, the price is approaching this critical confluence of resistance. The primary working hypothesis is a short scenario, predicated on the expectation that the seller zone will once again cap the rally. A confirmed rejection from this area would validate the integrity of the broadening pattern and suggest that another major downward rotation is imminent. Therefore, the TP for this anticipated decline is logically placed at the 1.1600 points, representing a key area of prior price interaction and a prudent first objective. Please share this idea with your friends and click Boost 🚀
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NZD/JPY BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
NZD-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 87.632 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/JPY pair.
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GBPAUDHello Traders! 👋
What are your thoughts on GBPAUD?
The GBP/AUD pair has reached a significant resistance zone.
We anticipate some consolidation or choppy movement in this area, followed by a potential bearish reversal toward lower support levels.
As long as price remains below the resistance, the bias remains bearish.
Don’t forget to like and share your thoughts in the comments! ❤️
Could the kiwi reverse from here?The price is reacting off the pivot and could drop to the 1st support which lines up with the 127.2% Fibonacci extension.
Pivot: 0.5927
1st Support: 0.5888
1st Resistance: 0.5965
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 bullish bounce?The Aussie (AUD/USD) has bounced off the pivot which is an overlap support, and could rise to the pullback resistance.
Pivot: 0.6485
1st Support: 0.6454
1st Resistance: 0.6531
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) has rejected off the pivot which has been identified as a pullback resistance and could drop to the overlap support.
Pivot: 1.3814
1st Support: 1.3756
1st Resistance: 1.3875
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?The Swissie (USD/CHF) is rising towards the pivot which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could drop to the 1st support.
Pivot: 0.8088
1st Support: 0.8123
1st Resistance: 0.8159
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.