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Bearish breakout off major support?EUR/USD is reacting off the support level which is an overlap support that lines up with the 61.8% Fibonacci retracement and a breakout of this level could lead the price to drop from this level to our take profit. Entry: 1.1587 Why we like it: There is an overlap support level that lines up with the 61.8% Fibonacci retracement. Stop loss: 1.1666 Why we like it: There is an overlap resistance. Take profit: 1.1451 Why we like it: There is an overlap support level that lines up with the 61.8% Fibonacci retracement. 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.
Short
by VantageMarkets
NZD/USD Ready to Explode? The Smart Money Is Making a MoveBias: Bullish Bounce from Key Demand Zone NZD/USD is testing a strong confluence zone: Long-term ascending trendline support Weekly demand area between 0.5890 and 0.5940 Bullish RSI divergence near oversold conditions The triple rejection wicks signal strong demand around 0.5900, suggesting a possible reversal toward the 0.6020–0.6050 resistance area. 🧠 COT Insight: NZD: Non-commercial traders added +669 long contracts and reduced shorts by -102 → net bullish shift USD: Net short exposure increases; total non-commercial shorts now exceed longs by ~4000 contracts Implication: institutions are rotating into NZD while trimming USD exposure 📊 Sentiment: 86% of retail traders are long NZD/USD → retail sentiment is heavily skewed This could delay or limit upside as smart money often moves counter to retail positions 📅 Seasonality (July): July has historically been a bullish month for NZD/USD across all reference windows (20Y, 15Y, 10Y, 5Y, 2Y) Average July return consistently positive → adds conviction to bullish thesis 🗺 Outlook: If the zone at 0.5880–0.5920 holds, price may bounce toward 0.6020–0.6050. Break below would invalidate structure and expose 0.5850 and then 0.5780.
Long
by EdgeTradingJourney
6
GOLD's narrowing range, tariffs, Trump's political dramaOANDA:XAUUSD is still trading in a narrowing range, affected by the tariff game and the political drama that Trump is building. Currently, the price of gold is trading around 3,339 USD/oz, equivalent to a small decrease of about 7 dollars on the day. Tariff Game On July 16, US President Donald Trump announced that he would send letters to more than 150 countries, with tariffs expected to be 10% or 15%, to promote trade. He said these countries are not major US partners and will be treated equally, but left open the possibility of negotiating exemptions. The tariffs are similar to those proposed in April but were postponed due to concerns about market volatility. The resumption of the tariffs continues to destabilize financial markets and surprised partners such as the European Union, as they hoped to reach an early agreement with the US. Political Play Also on July 16, global financial markets were shaken by rumors that President Trump intended to fire Federal Reserve Chairman Jerome Powell. Many major news agencies such as the New York Times, Bloomberg and Reuters reported that Trump had prepared a letter of dismissal and consulted with Republican lawmakers, receiving positive feedback. Removing Powell before his term was believed to undermine confidence in the US financial system and the safe haven status of the USD. Trump later denied the plan, saying it was unlikely to happen unless there was serious wrongdoing. Markets reacted strongly: the USD fell and then recovered after Trump's statement, while gold lost most of its previous gains by the end of the session. The gold market in particular, and the financial economy in general, are being affected by the activities of Trump, the creator of the global trade war, and the plays of Trump and the FED leading the market. Therefore, the basic formula in the current market context is best to follow Trump, and make sure not to miss any of Trump's status lines. Technical outlook analysis of OANDA:XAUUSD On the daily chart, the technical structure has not changed with the trend not yet clear and the price action clinging to the EMA21. The technical conditions do not favor an uptrend or a downtrend, typically the RSI moves around the 50 level, indicating a hesitant market sentiment. On the upside, gold needs to achieve the condition of breaking above the 0.236% Fibonacci retracement level of the price point of 3,371 USD then the target level will be around 3,400 USD in the short term, more than 3,430 USD. Meanwhile, on the downside, gold needs to break below the 0.382% Fibonacci retracement, which would confirm a loss of the $3,300 level, then target around $3,246 in the short term, more than the 0.50% Fibonacci retracement. Intraday, the sideways trend of gold price accumulation will be noticed by the following technical positions. Support: $3,310 – $3,300 – $3,292 Resistance: $3,350 – $3,371 – $3,400 SELL XAUUSD PRICE 3381 - 3379⚡️ ↠↠ Stop Loss 3385 →Take Profit 1 3373 ↨ →Take Profit 2 3387 BUY XAUUSD PRICE 3309 - 3311⚡️ ↠↠ Stop Loss 3305 →Take Profit 1 3317 ↨ →Take Profit 2 3323
OANDA:XAUUSDLong
by Xayah_trading
4
Euro may reach seller zone and then continue to fall in channelHello traders, I want share with you my opinion about Euro. The price pair has recently shifted its market structure, establishing a clear downward channel after breaking its previous uptrend. Before this breakdown, the price was consistently trading within an Upward Channel, repeatedly finding support in the buyer zone (1.1325–1.1350) and reversing upward. The bullish momentum eventually faded when the price failed to break the major horizontal resistance level at 1.1630. This failure triggered a strong bearish impulse, leading to a decisive breakout below the channel's support line and confirming a trend reversal. Currently, the price is making a corrective move up inside the newly formed downward channel, which appears to be a classic retest of the broken structure from below. I expect this upward move to stall as it approaches the heavy confluence of resistance formed by the channel's upper Resistance Line and the horizontal seller zone at 1.1630–1.1655. After testing this area, I anticipate a rejection and the beginning of a new bearish leg down. That's why I've set my TP at the 1.1500 level — it aligns perfectly with the support line of the current downward channel, making it a logical target for sellers. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Short
by LegionQ8
9
EURGBP Trading Opportunity! BUY! My dear friends, My technical analysis for EURGBP is below: The market is trading on 0.8645 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8660 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURUSDHello Traders! 👋 What are your thoughts on EURUSD? EURUSD has broken support level and its ascending trendline, indicating a possible shift in short-term market structure and growing bearish pressure. In the short term, we expect a pullback toward the broken support/trendline zone. If price fails to reclaim this level, a continued move lower toward the next identified support zone is likely. As long as price remains below the broken structure, the short-term outlook stays bearish. Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
39
Market Volatile Amid Geopolitical Tensions & Fed Rumors Gold 17/07 – Market Volatile Amid Geopolitical Tensions & Fed Rumors 🌍 Macro Sentiment: Uncertainty Continues The global gold market opened Thursday with high volatility following headlines that former U.S. President Donald Trump was considering firing Fed Chair Jerome Powell. Though Trump later denied the claim, the initial rumor spiked fear in financial markets. At the same time: 🇮🇱 Israel launched airstrikes on Syria, escalating regional tensions. 🇪🇺 The EU proposed new tariffs on U.S. imports, increasing global economic friction. 🏦 Inflation concerns persist as BlackRock warns about delayed price pressures from earlier tariff hikes. 📉 These factors have turned gold into a temporary safe haven, but investors should remain cautious as the market is still undecided about direction. 🔎 Technical Outlook – Key Patterns to Watch The H1 chart reveals price action respecting a wide consolidation range with visible liquidity sweeps on both ends. The market is forming a clean structure of lower highs, hinting at bearish bias unless bulls reclaim upper resistance zones. Sell-side liquidity has been swept around the 3,320 level. Order Block Sell Zone remains active at 3,342 – 3,344, potentially leading to a short-term drop. If price breaks above 3,357 – 3,363 (VPOC & OB zone), a new bullish leg may form. 🎯 Trade Plan for Today 🟩 Buy Opportunity Zone Entry: 3,312 – 3,310 Stop Loss: 3,306 Take Profits: → 3,316 → 3,320 → 3,324 → 3,328 → 3,335 → 3,340 → 3,350 📌 This zone has shown strong demand historically. Look for bullish candle confirmation on the lower timeframe (M15–H1). 🟥 Sell Opportunity Zone Entry: 3,362 – 3,364 Stop Loss: 3,368 Take Profits: → 3,358 → 3,354 → 3,350 → 3,345 → 3,340 📌 This area overlaps with a VPOC level and prior order block – watch for price rejection patterns (e.g., bearish engulfing, fake breakouts). ⚠️ Risk Note With geopolitical and monetary policy headlines dominating sentiment, price may spike erratically. Avoid overleveraging and always respect your SL/TP. 💬 What’s Your Take? Do you think gold will break below 3,300 and head toward deeper FVG zones? Or will bulls regain control and aim for 3,377 liquidity? 👇 Drop your analysis and let’s build the best gold trading community together!
OANDA:XAUUSDLong
by MMFlowTrading
5
NZDUSD Excellent buy opportunity on the Channel Up bottom.Last time we looked at the NDUSD pair (May 27, see chart below), we gave a buy signal that in a few days hit our 0.60900 Target: This time the price is trading exactly at the bottom of a 3-month Channel Up, with the 1D RSI entering its Support Zone. The true Support might be a little lower on the 1D MA200 (orange trend-line) and as long as it holds, the trend will remain bullish, but this is the first strong buy signal of the chart. Our Target is 0.61450, which will be a +4.10% rise, exactly the same as both previous Bullish Legs. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
EURUSD: Support & Resistance Analysis 🇪🇺🇺🇸 Here is my fresh support & resistance analysis for EURUSD. Vertical Structures Vertical Support 1: Rising trend line Vertical Support 2: Falling trend line Vertical Resistance 1: Falling trend line Horizontal Structures Support 1: 1.1577 - 1.1600 area Support 2: 1.1445 - 1.1458 area Support 3: 1.1356 - 1.1373 area Support 4: 1.1190 - 1.1280 area Resistance 1: 1.1682 - 1.1766 area Resistance 2: 1.1807 - 1.1830 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
6
USDCAD is breaking the trendline againOnce again, FX_IDC:USDCAD is breaking its medium-term downside resistance line, drawn from the current highest point of this year. If the rate remains above it, we may see a few more bulls stepping in. Let's take a look. MARKETSCOM:USDCAD Let us know what you think in the comments below. Thank you. 75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
by Marketscom
"Three Drives" And EURJPY Bulls Could Be Out!!OANDA:EURJPY has potentially been forming quite a rare Reversal Pattern, the Three Drives Pattern, after making a Bullish Breakout of the Triangle, lets break it down! Three Drive Patterns are very similar to ABCD patterns except for one thing, a Retracement instead of a Reversal after the CD Leg is finished! In the CD Leg, Price creates quite a Trading Volume Gap between 172.1 - 171.8 and after Price declines from Point D (normally a Short Opportunity on an ABCD Pattern), Price actually makes a 61.8% Retracement of CD, creating Point E in that very Price Range and moves up, which "drives" a strong case that we potentially could be looking at a Three Drive Pattern! Now that we have Point E, we can use the Fibonacci Retracement Tool to help give us an idea on where the Extension of the EF Leg could potentially end and the Fibonacci Levels suspected are: 123.6% --> 173.585 138.2% --> 173.795 161.8% --> 174.134 Once Price has made an Extension, shows Reaction, and moves Down from these levels; this could generate a great Short Opportunity!
Short
by Novi_Fibonacci
2
EURUSD BUYThe EUR/USD pair edged lower in the past week, settling a handful of pips below the 1.1700 mark, further retreating from the multi-year peak posted early in July at 1.1830. Financial markets kept revolving around the United States (US) President Donald Trump's targets. With geopolitical woes cooling down, Trump’s focus returned to tariffs, and the Federal Reserve’s (Fed) wait-and-see stance on monetary policy. Trump fixated on tariffs and Powell Since the week started, speculative interest kept their eyes on the July 9 tariffs deadline. Trump announced massive retaliatory levies on over 180 trading partners in May, quickly establishing a 90-day grace period afterwards. His goal was to clinch better trade deals with all these nations. But as the date loomed, deals were scarce. The US made some trade arrangements with some minor economies, such as Vietnam, but there were none with major counterparts, nor, of course, with China TP 1 1.162 TP 2 1.165 TP 3 1.168 RESISTANCE 1.154
Short
by Mark804
2
AUDNZD - Short-Term Pullback Expected from Key ResistanceAUDNZD - Short-Term Pullback Expected from Key Resistance 📈 Setup Overview: AUDNZD has been trending bullish but has now reached a critical resistance level that aligns with the upper boundary of the ascending trendline. This confluence suggests a potential short-term pullback opportunity. 🔍 Analysis: Strong bullish wave structure intact Price testing key resistance + ascending trendline upper boundary Expecting retracement toward trendline support Overall bullish structure remains favorable for continuation after pullback 📊 Trade Details: Entry: Sell Stop at 1.091745 Risk Management: 1:2 Risk-to-Reward Ratio Bias: Short-term bearish pullback within larger bullish trend ⚠️ Risk Disclaimer: This is not financial advice. Trade at your own risk and always use proper position sizing.
Short
by ThulaniMtetwa
GOLD Is Very Bullish! Buy! Please, check our technical outlook for GOLD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 3,328.03. Considering the today's price action, probabilities will be high to see a movement to 3,388.97. 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TRADENATION:XAUUSDLong
by SignalProvider
1
EURJPY Is Going Up! Long! Here is our detailed technical review for EURJPY. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 172.355. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 174.222 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
AUDCHF Will Grow! Buy! Take a look at our analysis 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 0.519. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.534 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPAUD Will Go Lower From Resistance! Sell! Please, check our technical outlook for GBPAUD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2.071. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2.058 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1