EURJPYHelloooo... We have an order block here which is interesting. I would close trade if 1 hr Closes belowthat Order block. Remember Take your Prodit at key areas.. And set Break even Longby Mbugua-Ke1
EURCHF is BullishPrice was in a downtrend, but now bulls seem to have assumed control of the price action as they have managed to break previous lower high and print a new higher high. Currently price is in trying to print a higher low, after which if it manages to break precious higher high a bullish rally could be triggered. Targets are mentioned on the chart. Longby Fahad-Rafique111
USDJPY: Bullish Trend Continues 🇺🇸🇯🇵 The breakout of a key daily resistance opens more growth potential on USDJPY on a daily. After quite an extended bullish accumulation within an ascending triangle formation, the price bounced yesterday and closed above its neckline. I think that the market may reach 160.0 level soon. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader4428
GBPUSD - CPI and only one single area on table.#GBPUSD... As you know guys tomorrow is POUND CPI day and we have one n single area on chart. That is 1.2670 Keep close that area, it's only area that can change the overall scnerios. Don't hold your buying positions below that area. Only buy above that otherwise not at all. Good luck Trade wisely by AdilHussain731333Updated 3
AUDNZD POSSIBLE BUY (VERY SMALL SL)Manage SL during news time, intraday trade tp and sl mentioned not a financial adviceLongby ArehmanB225
GBP/USD undermined by weak PMI dataThe GBP/USD was already weaker after the Bank of England kept rates unchanged at 5.25% as expected, in a "finely balanced" decision for some members on Thursday, which the market had interpreted as a signal that the first rate cut was going to come in August. Well, today, we had weaker-than-expected PMI data from the UK, which means that "balance" is shifting towards a cut on a marginal basis. Add to this, the ongoing election uncertainty in the UK, traders are happy to sit on the offer on the cable. As a result, the GBP/USD has dropped to its lowest point since mid-May, testing potential support at 1.2635 at the time of writing. A more significant support to watch is at 1.2550 where the 200-day average meets a prior support/resistance zone. Resistances to watch include 1.2655, 1.2700 and 1.2735. By Fawad Razaqzada, market analyst at FOREX.comby FOREXcom0
Bullish rise?AUD/CHF is falling towards the pivot and could bounce to the overlap resistance. Pivot: 0.59186 1st Support: 0.58883 1st Resistance: 0.59720 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.Longby ICmarkets1
Heading into overlap resistance, could it reverse?NZD/CAD is rising towards the pivot and could potentially reverse from this level to the 1st support. Pivot: 0.83992 1st Support: 0.83442 1st Resistance: 0.84341 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.Shortby ICmarkets2
EUR/USD hit by weak Eurozone PMI dataThe EUR/USD got another reality check earlier today with the release of disappointing PMI data from the eurozone, suggesting that growth in Q2 may be lower than expected. Add to this the ongoing French election uncertainty and the rise of far-right parties across Europe, and the recent rise in oil prices, the short-term outlook continues to look bearish. As such, I wouldn't be surprise if the EUR/USD now establishes a new ceiling below the 1.07 handle, with the bears having defended prior broken support levels such as 1.0750 and 1.0790 successfully. The next potential support is the trend support at 1.0650, following by the prior low made in April around 1.06 handle. By Fawad Razaqzada, market analyst at FOREX.comby FOREXcom4
GBPUSD: Price continues to decrease !GBPUSD continues its downward trajectory, experiencing a significant drop towards the end of yesterday. Currently, it's trading around the 1.266 level, and sellers have successfully breached the support at 1.266. The outlook suggests further declines as the EMA 34 remains in a stable downtrend. A sell strategy is favored under these conditions.Shortby Lunox_TradingUpdated 119
MORE DOWNSIDEthis past week we have side a little bit of bearish movement from the euro and still expecting it to go down more as it has broken out of the neckline for going upwards, the pattern it has currently giving an M. HOPEFULLY this pattern can be completed this week and coming weeks which says the bears will be having fun Shortby ForxTayUpdated 10
bears having funlooks like we will see more downside to this pair in coming weeks still. risk wisely and sell below market areas.Shortby ForxTayUpdated 6
GBP/USD Eyes Bullish Impulse as Retail Sales Outshine Weak PMI The Pound Sterling is under pressure as a dismal market mood and poor UK PMI data overshadow the impact of upbeat Retail Sales. In Friday's London session, the GBP/USD pair remains on the back foot against most currencies, except for the Euro, despite stronger-than-expected Retail Sales data for May from the UK Office for National Statistics (ONS). The pair’s performance is also influenced by weak preliminary S&P Global/CIPS data for June. While the UK Retail Sales data for May was positive, the broader market sentiment and disappointing PMI figures have kept the Pound Sterling from gaining traction. Meanwhile, the Euro has shown strength, and despite the Pound's lackluster performance, the correlation between the EUR/USD and GBP/USD pairs remains strongly positive. This suggests that if the Euro continues to rise, the Pound may eventually follow suit with a bullish impulse. From a technical perspective, the GBP/USD pair is currently trading within a demand area with notable support. The Commitment of Traders (COT) report indicates that institutional investors, or "smart money," are holding long positions on the GBP, providing further bullish potential. Additionally, historical seasonality trends for the GBP show a typically bearish period during this time of year, with the exception of last year when the price continued to rise. Given these mixed signals, traders should remain cautious but optimistic about the potential for a rebound in the Pound Sterling. We can see also a RSI Divergence on the H1 timeframe Longby FOREXN13317
GBPUSD Lookout updateYou see this pair, I advised against trading it but on the 1 hour time frame its just giving me crazy ideas. The price had initially broken my support and it went back to retest and that candle that just closed bullish after the retest is testing me. But let's what price is feeling like today. Shortby kealebogamoyo30
GBPJPY LookoutTrading on a Friday is not advisable but these chats are looking fine today. This Sell possibility is existent based of 2 factors. There is a trend that broke and it now just retested. There is also on a bigger scale a formation of a High probability setup. So let's observe. Shortby kealebogamoyo3229
AUDJPY Possible Long Position RZZL4H - Re-Entry 1h - 50 EMA Rejection + Bollinger Band Rejection 15m - Entry in MAHILO Note: * Cancel trade or cut-loss when candle close Below MALO (2 Red Color Lines) in 4H * 1:2 RRR * TAYOR A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis. In conclusion, trading BBMA Strategy is a straightforward and effective trading strategy that combines two popular technical indicators to identify potential trading opportunities in the forex marketLongby GreggiBond0
GBPJPY: Spring effect: Buy ideaOn GBPJPY we have a spring effect on vwap indicator so it's mean that we could have a big probability to have an uptrend.Longby PAZINI193
GBPAUD long moveprice at a resistance level. There cloud be a little pullback and then i expect a break and if this happens , we cloud see upside move. Longby OCBE-FX0
EURUSD 30As long as the 1.07200 level serves as resistance, it suggests that the price is unlikely to break above this level. Therefore, it is advisable to look for a take profit at 1.06500. This strategy implies expecting a downward movement from the resistance level towards the take profit level. Monitor the price action near 1.07200 for confirmation of resistance, and consider closing the position if the price approaches 1.06500 to secure profits. 🤞🤞🤞🤞Shortby vbenking91114
EURUSD long swing idea-06-21EURUSD idea-06/21 EURUSD swing long idea long entry zone 1.05740-1.05489Longby TraderGC886
GBPJPY market structure analysis on 1, 4 hour timeframes4H swing is bearish 1H swing is bearish M15 swing is bearish => current is pullback up We look for a short opportunity when price rises to the supply zone of the 1 hour time frame.by quangcttnUpdated 9
GBPUSD(short)continuation of trend. Price is continuing lower and has gave a reaction off a 'order block' that took liquidity. The reaction of the mitigation is now at play and should be looking to continue downward.Shortby TKF_Juice1
SELL EURUSDAs you see on the chart we have a MSS and now we'll wait for the price to reach our MS of the SIBI to enter. Let me know what signal you want me to post! Follow for more!Shortby YassineAnalysis4