Heading into pullback resistance?USD/CAD is rising towards the resistance level which is a pullback resistance that is slightly above the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.4280
Why we like it:
There is a pullback resistance level that is slightly above the 50% Fibonacci retracement.
Stop loss: 1.4404
Why we like it:
There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement.
Take profit: 1.4100
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
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.
Forex
Bullish bounce?EUR/USD is falling towards the support level which is an overlap support and could bounce from this level to our take profit.
Entry: 1.0419
Why we like it:
There is an overlap support level.
Stop loss: 1.0373
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 1.0508
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
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.
DXY - 4H Bearish SignsTVC:DXY has shown an impressive rally from the 100 zone, forming three major bullish legs, each contributing approximately 4% gains. These bullish phases have now brought the index close to the critical 110 level.
However, in the third major leg, we observe the formation of three minor legs, signaling some hesitation as it nears the resistance zone. While many expect the index to break through 110 easily, I anticipate price swings around the 109-110 range, and even the possibility of a deeper pullback before resuming its upward trend.
With the NFP data release today, we might see increased volatility, offering opportunities for a potential DXY decline before any further rise. Stay alert for sharp market moves! 📉
NATGAS: Short Trade with Entry/SL/TP
NATGAS
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short NATGAS
Entry Point - 4.257
Stop Loss - 4.470
Take Profit - 3.881
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
SPY: Market of Buyers
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the SPY pair price action which suggests a high likelihood of a coming move up.
❤️ Please, support our work with like & comment! ❤️
BTCUSD Will Explode! BUY!
My dear friends,
BTCUSD looks like it will make a good move, and here are the details:
The market is trading on 95647 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 - 96896
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
———————————
WISH YOU ALL LUCK
EURGBPEURGBP Daily chart is in a correction phase. The price has come down to test the support zone again. If the price can stay above 0.82396, 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 😊
❤️ Like and subscribe to never miss a new idea!
USDJPYHello Traders! 👋
What are your thoughts on USDJPY?
The USDJPY pair has reached a support zone after its recent decline. We expect the price to complete a pullback to the broken level before continuing its downward movement toward the identified targets.
What’s your outlook on USDJPY? Do you expect more downside?
Don’t forget to like and share your thoughts in the comments! ❤️
US100 Is Bullish! Long!
Here is our detailed technical review for US100.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 21,588.3.
The above observations make me that the market will inevitably achieve 22,205.6 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.
Like and subscribe and comment my ideas if you enjoy them!
NG1! SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
NG1! pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 3.535 area.
✅LIKE AND COMMENT MY IDEAS✅
NZD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
We are going long on the NZD/JPY with the target of 88.496 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
What Happens to Global Markets When the Ukraine-Russia War Ends?What Happens to Global Markets When the Ukraine-Russia War Ends?
The end of the Ukraine-Russia war will undoubtedly impact major global markets,
here’s what we can expect:
Oil Market : With tensions easing, oil prices could drop as supply concerns lessen and sanctions ease. However, global demand could still keep prices stable or even high.
Gold Market : Gold, a safe-haven asset, might face a decrease in demand as geopolitical uncertainty fades, but if the end of the war leads to global economic instability, gold could remain a strong choice for investors.
Forex Market : The end of the conflict could boost the Euro and USD as stability returns to the market. At the same time, the Russian Ruble might face fluctuations as Russia’s economy adjusts to post-war conditions.
Crypto Market : Cryptocurrencies may see mixed reactions—some may retreat as confidence in traditional markets rises, but others could flow in if economic uncertainty continues to prevail globally.
🔮 The war's end could bring hope, but it also presents new challenges for markets worldwide. Stay tuned to see how it all plays out!
BTC on its way up.These are today's most recent trades, showcasing another successful day of profit! This is just a snapshot of what we achieve on our daily charts. If you're interested in being part of these amazing trades, join our community today and elevate your trading game!
MAKE SURE YOU ARE PART OF OUR COMMUNITY!
Let the games begin!!! BTC retracement in play!Double top creation after an ATH seems to be a character trait of BTC after a certain someone gets into office. Moreover, bearish reversal patterns on two higher timeframes (D-Head & Shoulder/4hr- M pattern) further solidifies the inevitable retracement that's needed before the major crypto surge that most are anticipating.
USD-JPY Will Grow! Buy!
Hello,Traders!
USD-JPY has almost
Reached a horizontal
Support level of 148.530
After trading in a strong
Downtrend for some time
So a local bullish correction
Is to be expected with the
Aim of retesting the
Target level above at 149.665
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!