USDCAD: Confirmed Bearish Trap?! 🇺🇸🇨🇦
USDCAD formed a bearish trap with a false breakout of a key daily/intraday
horizontal support.
The trap was followed by a confirmed bullish imbalance and a breakout
of the upper boundary of a consolidation range on a 4H.
With a high probability, the price will rise and reach 1.444 level.
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Forexsignals
GBPUSD Buy to SellLooking to have GBPUSD head up to the ash zone before a sell...
Simply look for a confirmation or way to join the buy based on your style and strategy, then get a confirmation for sells at that zone above price currently.
Do ensure to follow your strategy if it tells you otherwise!
Heading into 38.2% Fibonacci resistance?NZD/USD is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.5630
Why we like it:
There is a pullback resistance level that aligns with the 38.32% Fibonacci retracement.
Stop loss: 0.5659
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 0.5587
Why we like it:
There is a pullback support level.
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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.
Bearish drop?GBP/NZD is reacting off the resistance level which is an overlap resistance and could drop from this level to our take profit.
Entry: 2.2060
Why we like it:
There is an overlap resistance level.
Stop loss: 2.2191
Why we like it:
There is an overlap resistance level.
Take profit: 2.1898
Why we like it:
There is an overlap support level that aligns with the 50% 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.
Bearish reversal off 61.8% Fibonacci resistance?EUR/CAD is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.48821
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 1.49410
Why we like it:
There is a pullback resistance level.
Take profit: 1.47454
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.
Bearish drop?EUR/JPY is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 163.78
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 164.76
Why we like it:
There is a pullback resistance level.
Take profit: 162.12
Why we like it:
There is an overlap 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.
XAUUSD BUY AGAIN ONE TIME ALL TIME HIGH GOLD BIG FLYING SOON XAUUSD one time again new trend is likely to continue benefiting tech and energy companies It is highly probable that XAUUSD will establish a new all-time long term target buy
XAUUSD BUY NOW FOMC MINUTES STRONG BULLISH
TP 2675
TP 2680
TP 2690
TARGET 2700
STRONGLY HOLD
Smelling a good buy once again let's see (Bullish Run)Hey everyone this is your boy Hunbal! I am looking for a good buy trade ready for Asian session XAUUSD is ready for a bull run I have 2 confirmations one the rejection from the support level and second choc in m30 time frame so we are hoping a good buy from here (2648) our take profit will be 100 pips 2658 and our stop loss will be 70 pips 2641 I wish we all together print some money.
Good Luck :)
Buy or Sell? Read the caption. I told you...Hello guys
We came with NAS100 analysis.
Due to the heavy selling that has happened now, we need to maintain the defined twin bottom range to maintain the upward trend.
Otherwise, the drop will continue up to the specified limits.
Now, if the price is supported, you can see its growth up to the specified areas.
*Trade safely with us*
Gbpusd move to down (Read the caption)This chart presents a technical analysis of GBP/USD on the 1-hour timeframe. Here's the breakdown:
1. Trend and Channel:
A descending channel is outlined with yellow lines, showing the pair's recent bearish trend.
The price has broken out of this channel to the upside, indicating a potential reversal or retracement.
2. Key Zones:
Sell Loss Zone (Red Area): Above 1.2631-1.2632, likely representing a stop-loss zone for sell positions.
Target Zone (Blue Area): Between 1.2388 and 1.2386, identified as a potential price target for short positions.
3. Resistance Levels:
A significant resistance is marked near 1.2571, which aligns with the breakout area and could act as a decision point for future price action.
4. Projected Price Movement:
White arrows show a bearish projection from current levels. The analysis suggests a potential pullback after a minor consolidation or false breakout near the resistance, targeting the highlighted target zone.
XAU/USD : Ready for LONG? (READ THE CAPTION)Based on the 4-hour gold chart analysis, we observe that the price followed the second scenario from the previous analysis. Failing to break and hold above $2662, it experienced a deeper pullback, correcting down to $2625. Currently, gold is trading around $2633, and if it manages to hold above $2626, we can expect further upside potential. The possible targets for this upward movement are $2638, $2647, and $2656.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
DXY (U.S. DOLLAR INDEX) | 1 DAY | UP AFTER THE PULLBACKHi there, dear friends,
I’m sharing my analysis of the U.S. Dollar Index - ( TVC:DXY ) with you. Key points have been carefully highlighted on the chart. Right now, we’re seeing a pullback, but I’m anticipating an upward movement following this phase.
If you’d like to see more analysis like this, don’t forget to hit the like button.🚀
Thanks a lot 🙏🏻
Analysis of USOIL and Falling Wedge Breakout PotentialThe forex pair USOIL is currently priced at 75.000, with a target price set at 103. This indicates an expectation of significant upward movement. The technical pattern in focus is the Falling Wedge, a bullish reversal pattern often found in downtrends. In this setup, the price consolidates between converging trendlines, suggesting decreasing momentum in the downward movement. A breakout above the resistance line typically signals a trend reversal.
Traders anticipate a breakout in this case, leading to a potential rally towards the target. This scenario implies increased buying pressure and positive market sentiment. Risk management is crucial, as breakouts can sometimes fail. Confirmation of the breakout, such as strong volume or a clear candle close above resistance, adds reliability to the trade setup. Monitoring key levels closely will help refine the strategy.
Bearish drop 50% Fibonacci resistance?GBP/CAD has reacted off the pivot which has been identified as an overlap resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 1.7988
1st Support: 1.7804
1st Resistance: 1.8056
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.
Bearish drop?GBP/CHF has reacted off the pivot which is a pullback resistance and could drop to the 1st support that aligns with the 61.8% Fibonacci retracement.
Pivot: 1.1373
1st Support: 1.1308
1st Resistance: 1.1412
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.
Potential bullish rise?EUR/AUD has reacted off the pivot and could potentially rise to the 1st resistance.
Pivot: 1.65908
1st Support: 1.64787
1st Resistance: 1.67157
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.