EUR-CHF Local Short! Sell!
Hello,Traders!
EUR-CHF went up sharply
But then the pair hit a
Horizontal resistance
Of 0.9487 from where
The pair is already making
A move down so we
Will be expecting a
Further price decline
Sell!
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EUR (Euro)
EURNZD Double Top Formation Signals Potential Short OpportunityThe EURNZD currency pair has recently formed a classic double top pattern at a significant supply area, signaling a potential reversal. This double top aligns with broader Forex seasonality trends, reinforcing the likelihood of a downward movement. The confluence of these technical and seasonal factors suggests that the current levels may offer an attractive entry point for short positions.
Traders observing this setup on a daily timeframe may find it an opportune moment to capitalize on the anticipated bearish trend. As the pair tests the supply zone for the second time, we are closely monitoring the price action for signs of a sustained reversal. With the added weight of seasonal analysis, this short position aligns with a broader strategy of trading in harmony with established market cycles.
We are considering a short position on EURNZD, targeting potential downside as the pair responds to the resistance offered by the supply area and the natural seasonality patterns in the Forex market.
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Can EURUSD revisit the psychological 1.1000 zone?With the expectation of rate cuts from the Fed, EURUSD might experience buying interest, at least in the near term. Watch the video for more details.
FX_IDC:EURUSD EASYMARKETS:EURUSD
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EUR/USD on the verge of a bearish correctionAs you can see in the chart, after the breaking of this pattern (head and shoulders at the price peak) and according to the orders left from the previous upward leg spike, we are likely to see a price decrease.
Two orders were taken at this point. One of them will be risk-free in the first target to reach the second target. This analysis will be updated...
Bearish momentum to extend?EUR/CAD is rising towards the pivot and could reverse to the 50% Fibonacci support.
Pivot: 1.50239
1st Support: 1.48964
1st Resistance: 1.51188
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.
EURCHF Set To Fall! SELL!
My dear subscribers,
EURCHF looks like it will make a good move, and here are the details:
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 - 0.9352
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
Bullish reversal?EUR/AUD is falling towards the support level which is an overlap support and could potentially reverse from this level to our take profit.
Entry: 1.66204
Why we like it"
There is an overlap support level.
Stop loss: 1.64959
Why we like it:
There is a pullback support level.
Take profit: 1.67705
Why we like it:
There is an overlap resistance level.
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.
Potential bullish rise?EUR/NZD has bounced off the support level which is a pullback support and could rise to our take profit.
Entry: 1.81106
Why we like it:
There is a pullback support level.
Stop loss: 1.80301
Why we like it:
There is a pullback support level.
Take profit: 1.83458
Why we like it:
There is a pullback resistance level which is slightly above the 38.2% Fibonacci retracement.
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.
EURNZD Long Opportunity Overall Trend:
The price is currently in an uptrend, but recent price action shows a significant pullback.
Moving Averages:
The 50-period Simple Moving Average (SMA) (red line) is above the current price, indicating short-term bearish momentum.
The 200-period SMA (blue line) is below the current price, suggesting a longer-term bullish trend.
Rising Channel:
The price has been moving within a rising channel, but recently broke below the lower trend line, indicating potential further downside.
Recent Pullback:
After reaching a peak near 1.8650, the price has pulled back sharply.
EURJPY: JPY is outperforming the EUROHey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 164 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 164 support and resistance area.
Trade safe, Joe.
EUR/CHF +150 Pips 0 Drawdown , New Entry Valid To Who Missed It This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/NZD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
Previous week’s green candle means that for us the EUR/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.824.
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Could the Fiber reverse from here?EUR/USD is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.0943
Why we like it:
There is an overlap resistance which lines up with the 38.2% Fibonacci retracement.
Stop loss: 1.1008
Why we like it:
There is a pullback resistance level.
Take profit: 1.0869
Why we like it:
There is a pullback support level which aligns with the 61.8% Fibonacci retracement.
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.
Bullish rise?EUR/CAD is falling towards the pivot which has been identified as a pullback support and could rise to the 1st resistance level which is also a pullback resistance.
Pivot: 1.50322
1st Support: 1.48979
1st Resistance: 1.52196
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.
EURUSD 1D1D - On the daily timeframe, we are also in a bullish context similar to the weekly timeframe. Starting from Friday, it's evident that the large FVG will need to be filled by the price eventually. I anticipate this to happen in the first half of the following week, followed by a continuation of the bullish movement.
EURGBP: Dovish BoE and Potential UpsidesHey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85800 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85800 support and resistance area.
We would also consider the current dovish stance from the Bank of England, that should trigger further GBP weakness against EURO.
Trade safe, Joe.
EURUSD - Shorting Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈As per my last analysis, attached on the chart, EURUSD rejected the upper bound of the rising blue channel.
Currently, EURUSD is retesting that trendline again!
Moreover, the zone marked in green is a strong resistance zone.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the resistance zone in green and upper blue trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #EURUSD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURNZD Massive Short! SELL!
My dear friends,
Please, find my technical outlook for EURNZD below:
The instrument tests an important psychological level 1.8503
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.8346
Recommended Stop Loss - 1.8623
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK