EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
The EUR/USD pair is moving within an ascending channel and is currently testing the bottom of the channel. After some consolidation in this support zone, the price is expected to move toward the top of the channel.
What’s your outlook? Will EUR/USD move toward the channel’s top?
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Forexsignal
GBPJPY SURELY FALL 1. Resistance Break Possibility
The analysis suggests a rejection at resistance (191.878) leading to a drop. However, price could break above resistance, triggering stop-loss orders and fueling a bullish rally.
Instead of a reversal, watch for a liquidity grab above resistance before deciding on direction.
2. Support Area Failure Risk
The support zone (near 189.000) is assumed to hold, but if market momentum is strong, price could break through, leading to further downside.
Instead of assuming a bounce, consider monitoring for confirmation before entering long trades.
3. Bullish Trend Continuation Possibility
Price recently made a strong move upwards, suggesting buyers are active. The expected rejection at resistance may fail, leading to a higher breakout instead of a reversal.
The small consolidation near 190.296 could indicate accumulation for a bullish continuation.
4. Alternative Scenarios
Instead of dropping immediately, price may range between 190.762 and 191.878 before a strong move in either direction.
ETHUSD surely flying around Resistance Might Hold Stronger Than Expected:
The analysis assumes a breakout above the resistance area. However, if market sentiment weakens, sellers might defend this level aggressively, leading to a rejection and price reversal.
2. Liquidity Grab and Fake Breakout:
Instead of a clean breakout, price could exhibit a false move above resistance to trigger stop-losses before reversing sharply downward.
3. Support Might Not Hold:
The identified support area assumes bullish strength, but if macroeconomic factors or market conditions worsen, ETH could break below support and trend lower.
4. Trendline Trap:
The projected price movement suggests a higher high formation. However, if institutional traders manipulate price action, we might see a deeper retracement before any actual bullish continuation
EURUSD selling zone 1. Resistance Area Weakness
The resistance zone is marked as a strong rejection area, but there's a possibility that instead of reversing, price could break through. A break above could indicate bullish momentum rather than a reversal.
Instead of assuming a rejection, watch for liquidity grabs above the weak high.
2. Support Area Strength Overestimation
The support zone is considered a strong level for reversal, but if the market is in a strong bearish trend, the support may fail.
Instead of assuming a bounce, consider the possibility of a breakout below support, leading to a further drop
3. Market Structure Bias
The analysis focuses on a bearish move from the resistance area, but the recent rally before resistance suggests that buyers were strong.
A "Change of Character" (ChoCH) may not always lead to a reversal; sometimes it can be a trap before continuing higher.
4. Alternative Scenarios
Instead of the expected drop, price could range between resistance and support before a bigger breakout.
Liquidity could be built up near the resistance zone, causing a fakeout before an actual move.
XAUUSD strong bullish soon opportunity again all time high This chart shows a technical analysis of Gold (XAUUSD) on the 1-hour timeframe. The main elements include:
Support Area: Marked in green below the current price level, indicating a zone where buying interest may emerge.
Resistance Area: Marked in green above, representing a potential supply zone where selling pressure might increase.
Price Action Projection: The pink arrow suggests a bullish move from the support zone towards the resistance area.
Disruptions or Alternative Perspectives:
1. False Breakout Possibility:
Price might break below the support area before reversing, creating a stop-hunt scenario.
Watch for a strong rejection before confirming the bullish bias.
2. Resistance Strength:
The resistance zone (around 2,961) has been tested multiple times. If price reaches it again, sellers might dominate.
A clean breakout above resistance with strong volume is needed for further upside.
3. Alternative Scenario - Bearish Case:
If price struggles to hold the support zone, it could break lower, leading to further downside.
Invalidation of bullish bias occurs if price closes below the support zone with high volume.
4. Macroeconomic & Fundamental Factors:
Gold is highly sensitive to economic data, interest rate decisions, and geopolitical events.
A sudden change in fundamentals could override technical analysis
XAUUSD strong bullish mode opportunity all time high market (gold big flying soon)
1. Resistance Area May Not Hold
The marked resistance area could be weak if bullish momentum continues strongly, especially with a breakout above recent highs.
If price consolidates near resistance without strong rejection, it may indicate accumulation rather than reversal
2. Support Areas Could Fail
The support zones might not hold if there's a strong bearish catalyst, like economic news or a shift in market sentiment.
A breakdown below the strong bullish support area could signal a deeper pullback.
3. Alternative Scenarios
Instead of bouncing from the lower support, the price might consolidate and range before a clear breakout direction.
A false breakout above resistance could trigger a liquidity grab, leading to a sharp drop instead of an upward move.
4. Indicators & Confirmation Needed
The chart does not include indicators like RSI, MACD, or moving averages, which could provide additional confirmation
Btcusd strong sell 1. Breakout Possibility Instead of Rejection
The chart assumes Bitcoin will face resistance at ~99,000 and drop towards the 96,000 support zone. However, Bitcoin has shown strong bullish momentum leading up to this point. If the buying pressure continues, BTC could break out above resistance instead of reversing.
A clean breakout and retest of the resistance zone as new support could send BTC toward 100,000+ rather than declining.
2. Liquidity Trap & Fakeout Risks
Market makers often target areas with high liquidity. If many traders anticipate a drop from resistance, a fakeout could occur—where BTC briefly dips, then reverses upward, liquidating short positions.
Instead of a clean sell-off, price could wick down to shake out weak hands before continuing higher
3. Support May Not Hold
The identified support area near 96,000 assumes buyers will step in. However, if market sentiment shifts (e.g., news events, macroeconomic data), BTC could crash through support instead of bouncing
If BTC closes below support, the next downside target could be around 94,000 or lower.
4. Fundamental & External Factors
Technical patterns are useful, but external factors like news, ETF inflows, and macroeconomic conditions can disrupt traditional price movements
If a major bullish event (e.g., institutional buying, regulatory clarity) occurs, BTC could invalidate the expected bearish retracement and continue surging
Conclusion:
While the given analysis suggests a bearish correction from resistance alternative scenarios include
A bullish breakout above resistance
A fakeout drop before continuation higher
A failed support level leading to deeper declines.
External catalysts overriding technical expectations
GBPUSD SELLING MODE OPPORTUNITY FULL OF FALL ASLEEP 1. Resistance May Not Hold
The analysis assumes the resistance zone is strong and will lead to a reversal. However, if bullish momentum continues, there could be a breakout above resistance instead of rejection. A breakout above 1.2680 could invalidate the bearish outlook.
2. Trendline Breakout Is Not Always Reliable
While the breakout from the support area led to a strong uptrend, it doesn't guarantee a reversal at resistance. Sometimes, price consolidates and continues higher rather than reversing sharply.
3. Liquidity Grab Possibility
The price could fake a drop below support, trapping sellers, before reversing higher. The marked "selling zone" might be a liquidity area where big players accumulate positions before a breakout.
4. Fundamental Factors Can Change Direction
News events, interest rate decisions, or economic reports can disrupt technical patterns. A major announcement favoring GBP could push the price higher instead of following the predicted bearish move.
Alternative Outlook
If GBP/USD breaks above 1.2680, it could invalidate the bearish setup and target 1.2720+ instead of dropping.
Instead of expecting a hard rejection at resistance, traders should watch for signs of consolidation or a fake breakout before making a decision.
USDCAD - Sell Opportunity After Support BreakOANDA:USDCAD has broken below a major support level, signaling a shift in momentum. If the price will retest the zone at 1.42600, which previously served as support, this area may now act as resistance, aligning with a potential bearish continuation.
If sellers confirm resistance at this level, the price is likely to move downward toward the 1.41130 level, which represents a logical target for this setup. Conversely, a failure to hold resistance could suggest a potential bullish shift.
Traders should monitor for bearish confirmation signals, such as bearish engulfing candles or increased selling volume, before considering short positions. Let me know your thoughts or any additional insights you might have!
JPY USD 1. Support May Not Hold
The analysis assumes that the price will bounce from the support area, but what if selling pressure is strong?
Instead of a reversal, the price could break below support and continue down. A breakdown below 0.006580 would invalidate the bullish outlook.
2. False Support Bounce Possible
The price could initially react at support, giving the illusion of a bullish reversal, but fail to gain momentum and break lower. This could trap early buyers.
3. Liquidity Grab & Fakeout Scenario
The market makers could push the price below the support zone, trigger stop-losses of long positions, and then reverse higher.
A deeper liquidity grab could occur before a real move up.
4. Resistance May Strengthen
Even if price bounces, the resistance zone could become stronger, leading to a sideways range rather than a clear bullish breakout.
Traders should watch for signs of exhaustion before assuming a continuation upward.
Alternative Outlook
If price breaks below 0.006580, the downtrend could extend further.
A bounce from support should be confirmed with strong bullish candles before assuming a rally.
Bearish drop?CAD/JPY is reacting off the pivot and could drop to the 1st support.
Pivot: 107.28
1st Support: 106.21
1st Resistance: 108.28
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EURUSD Hits Resistances—Reversal Incoming?As I expected in the previous post , the EURUSD( FX:EURUSD ) touched my Targets and is creating the second top of the ascending channel.
The EURUSD is in the Resistance zone($1.0537-$1.04500) , Potential Reversal Zone(PRZ) , Resistance lines , and Time Reversal Zone(TRZ) near the Monthly Resistance(1) and the upper line of the ascending channel.
In terms of Elliott wave theory , EURUSD seems to be completing microwave 5 of the main wave C of the Zigzag Correction(ABC/5-3-5) .
I expect the EURUSD to start falling soon, and it is likely to form a Head and Shoulders Pattern to continue the decline.
Note: If EURUSD touches $1.055, we can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bearish drop off overlap resistance?EUR/JPY is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 159.53
Why we like it:
There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 160.24
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
Take profit: 157.97
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci retracement.
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EURUSD’s Bullish Breakout—Targets Set for $1.046 & $1.049!EURUSD ( FX:EURUSD ) came to the above of the 100_SMA(4-hour) once again and managed to break the Resistance zone($1.039-$1.033) and Resistance lines , and today we saw EURUSD made a pullback to this zone.
It is also possible that EURUSD will form an ascending channel , so we have to wait for the second hit to the Upper line and confirm its major point .
I expect the EURUSD to trend higher after coming above the 100_SMA(4-hour) and attacking the next Resistance zone($1.0537-$1.04500) and Resistance lines .
The First Target: $1.04651
The Second Target: $1.04981
Note: If EURUSD touches $1.0347, we can expect more dumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GBPJPY | 15M | SELL LIMIT ORDER Don't forget to press like if you want to receive updates of this analysis. 🚀
SIGNAL ALERT
SELL LIMIT ORDER - GBPJPY ( OANDA:GBPJPY ) | 193,450 OR 192,146
🟢TP1: 192,000
🟢TP2: 191,840
🟢TP3: 190,753
🔴SL: 193,559
RISK REWARD - 1,51
Thanks to everyone who supports my analysis with likes.🫡
Gold Price Analysis February 12⭐️Fundamental Analysis
Asian and European traders were cautious ahead of Fed Chairman Jerome Powell's remarks to Congress. Powell said he was in no rush to adjust monetary policy and wanted to see more progress on inflation, saying the economy was in a "pretty good place." His remarks helped stabilize financial markets, helping Wall Street trim losses and the dollar recover.
Powell will continue his testimony on Wednesday, and investors are also awaiting January CPI data, which is forecast to have risen 2.9% year-on-year, with core annual growth of around 3.1%.
⭐️Technical Analysis
Gold is accepting the 2941 area as a top, and the decline has created quite clear structures. 2873-2871 is an important support zone in pushing gold prices to increase again. If gold prices cannot close the h4 candle above 2890, it will be considered a confirmation of a dow breakout and a downtrend wave that can extend to 2833. In the direction of gold going up again, 2807 and 2827 will be the zones that the SELL side will pay attention to in order to participate in the market.