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Forexsignals

Potential bullish bounce?EUR/CAD is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.48219 1st Support: 1.47448 1st Resistance: 1.49226 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.
Long
by ICmarkets
Bullish bounce?EUR/NZD is falling towards the pivot which is an overlap support and could bouncer to the 1st resistance. Pivot: 1.8271 1st Support: 1.81566 1st Resistance: 1.84096 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.
Long
by ICmarkets
Bearish reversal off 61.8% Fibonacci resistance?USD/CAD is rising towards the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.4390 Why we like it: There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement. Stop loss: 1.4467 Why we like it: There is a pullback resistance level. Take profit: 1.4467 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.
Short
by VantageMarkets
Bullish bounce off 50% Fibonacci support?EUR/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.0335 Why we like it: There is a pullback support that aligns with the 50% Fibonacci retracement. Stop loss: 1.0265 Why we like it: There is a pullback support level. Take profit: 1.0442 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.
Long
by VantageMarkets
ANALYSIS OF EURGBP TRENDS WITH DOWN The chart represents the EUR/GBP currency pair on the 4-hour timeframe using Heikin Ashi candles. Here’s the analysis: Observations: 1. Resistance Zone: A strong resistance level is marked around 0.8327, indicating repeated price rejection at this zone (highlighted by orange circles). 2. Support Levels: Two prominent blue lines represent key support levels: First Support: 0.8260 Second Support: 0.8223 (Diamond Zone), which is the significant area of interest. 3. Diamond Pattern: A "diamond zone" is identified as a potential key breakout/breakdown area. This structure often indicates an upcoming price move. 4. Trendlines: A yellow trendline shows the recent downward momentum. The price action suggests the possibility of lower highs and lower lows, implying bearish sentiment. 5. Projected Movement: Blue arrows indicate a bearish outlook: The first downward move targets the first support level. If breached, the price may head toward the diamond zone (second support level). Conclusion: Bearish Bias: The chart suggests EUR/GBP may continue its bearish movement, especially if the resistance at 0.8327 holds strong. Trading Strategy: Entry: Look for confirmations (e.g., rejection candles or strong bearish momentum) near resistance for potential short positions. Targets: TP1: 0.8260 TP2: 0.8223 (diamond zone) Stop Loss: Place it above 0.8330 to protect against invalidation of the bearish setup. Monitor price action at key levels for confirmation.
Short
by Forex_Vip_Signals
USDCAD MOVE TO UP TREND MUST READ THE CAPTIONThe chart displays a technical analysis of the USDCAD currency pair using the Heikin Ashi candlestick type on the 1-hour timeframe. Here's the breakdown: 1. Bullish Cup-and-Handle Pattern: The yellow highlighted area suggests the formation of a bullish "cup-and-handle" pattern, which is a continuation signal for a potential upward movement. 2. Key Levels: Target Level (1.44753): The final target price for this setup. Take-Profit (TP) Levels: TP1: Near 1.43600 TP2: Around 1.44200 TP3: Close to 1.44700 Stop-Loss Level: Clearly marked below 1.42600 to manage risk in case of an invalidated pattern. 3. Projection and Trend: The blue arrows indicate the expected price movement. A break above the resistance levels will confirm the bullish trend. The price may face pullbacks before hitting the targets. If the price breaks below the stop-loss level, the bullish outlook becomes invalid. Conclusion: This analysis predicts a bullish continuation for USDCAD. Traders should monitor price action around the outlined levels, especially the TP and resistance zones. Confirmations, such as strong bullish candles or volume spikes, can improve trade confidence.
Short
by Forex_Vip_Signals
EURUSD ANALYSIS IS READY TO FLY IT IS POSSIBLE This EUR/USD 4-hour chart analysis highlights the following key components: 1. Downtrend Channel: The price has been trading within a bearish descending channel, marked by the shaded area. This indicates a prevailing downtrend. 2. Key Resistance Zones: 1.04018 to 1.04699 (Stop Loss Area): The red zone marks a significant resistance level. Breaking above this zone could invalidate the bearish outlook. 3. Key Support Levels: 1.02934 and 1.02092: These yellow lines represent potential bounce zones within the current range. They are crucial for continuation of the bearish movement. Target Zone at 1.01994: A major support level where the price could potentially move if the bearish momentum continues. 4. Potential Price Movement: The white arrows depict possible price action, suggesting range-bound movement between the resistance and support levels before a potential breakout downward toward the target zone. 5. Trading Strategy: Sell Position: Open near resistance levels (1.04018–1.04699) with a stop loss above 1.04699. Target: Focus on the support levels (1.02092 or 1.01994). Range Trading: Traders can exploit price bounces between 1.02934 and 1.02092 for short-term gains. This analysis supports a bearish bias, emphasizing cautious monitoring of the key zones for trading opportunities.
Short
by Mr_Ethan1
BTCUSD Analysis is ready to fly This is a technical analysis of the BTC/USD (Bitcoin/US Dollar) market on the 4-hour timeframe, using Heikin Ashi candles. Below is a description of the chart analysis: 1. Trend and Pattern: A bullish ascending channel is identified with price consistently moving higher within the blue boundaries. A cup and handle pattern (yellow) suggests potential bullish momentum after a consolidation phase. 2. Key Levels: Resistance Zones: Highlighted in purple at 104,008, 106,918, and 110,616, indicating potential target levels for upward movement. Support Zone: Marked with a red "Stop Loss" level below the current price at approximately 96,000, acting as a risk management level. 3. Price Action: The price has broken out of the consolidation zone and is now testing higher resistance levels. Potential breakout scenarios are drawn, showing a pathway for price movement toward the upper resistance levels. 4. Targets: First Target: 104,008. Second Target: 106,918. Final Target: 110,616. 5. Risk Management: A stop-loss level is set below the previous swing low, ensuring a safety net if the price reverses
BITSTAMP:BTCUSDShort
by Forex_Vip_Signals
2
CAD/CHF Bearish Reversal Setup in Play The chart suggests a potential short setup based on the price's reaction to a resistance zone and the presence of a bearish order block. The trade appears to follow a risk-to-reward ratio strategy with a clear stop-loss and multiple take-profit levels defined below the current price. Key Observations 1. Entry Zone: The short trade is initiated near 0.63230, around a resistance area. 2. Stop-Loss: Positioned at 0.64002, just above the recent highs, to minimize risk. 3. Take-Profit Levels: First target: 0.62836 (close support). Second target: 0.62458. Final target: 0.62080, aligned with a strong demand zone. 4. Order Block: The highlighted zone indicates a bearish order block, signaling a potential reversal from the resistance level. 5. Momentum: The price is consolidating near the resistance, indicating a potential move downward, provided sellers gain control. Strategic Implications: Bearish Confirmation: Wait for a decisive bearish candle or rejection pattern before adding positions. Risk Management: Maintain the stop-loss at 0.64002 to avoid overexposure to risk. Profit Targets: Use scaling-out strategies at each take-profit level to lock in gains progressively. This setup appears well-structured, with a high probability of success if the bearish bias plays out. However, traders should remain vigilant of false breakouts or sudden reversals.
Short
by wolfchemist
GBPAUD Channel Up pull-back expected.Our last GBPAUD signal (September 27 2024, see chart below) couldn't have gone any better as, not only did it hit our 1.92600 Sell Target but the price then also bounced to hit the top of its Channel Up: The price is currently on a rejection path following the new Higher High of the Channel Up and based on the previous Bearish Leg, it should hit at least the 1D MA200 (orange trend-line). As a result, our Target is now 1.09600. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
#CHFJPY 1DAYCHFJPY (1D Timeframe) Analysis Market Structure: The price is testing a trendline resistance, which has previously acted as a barrier to upward movement. A bearish engulfing candlestick pattern has also formed near this resistance zone, indicating potential selling pressure. Forecast: A sell opportunity is anticipated as the price faces rejection from the trendline resistance, supported by the bearish engulfing pattern signaling downside potential. Key Levels to Watch: Entry Zone: Near the trendline resistance after confirmation of rejection. Risk Management: Stop Loss: Placed above the trendline resistance or the high of the bearish engulfing candle. Take Profit: Target the next support levels or Fibonacci retracement zones for potential downside targets. Market Sentiment: Bearish signals suggest sellers may take control if the price remains below the trendline resistance, maintaining downward momentum.
Short
by PIPSFIGHTER
#GBPCHF 1DAYGBPCHF (1D Timeframe) Analysis Market Structure: The price is trading within a descending channel, respecting both resistance and support levels. It is currently near the upper boundary of the channel, suggesting potential selling pressure. Forecast: A sell opportunity may develop if the price respects the channel resistance and shows signs of rejection, indicating a possible move toward the lower boundary of the channel. Key Levels to Watch: Entry Zone: Near the channel resistance after confirmation of rejection. Risk Management: Stop Loss: Placed above the channel resistance or recent swing high to minimize risk. Take Profit: Target the midline or lower boundary of the channel for potential downside movement. Market Sentiment: The price structure within the channel indicates a bearish outlook, with selling pressure likely to continue as long as the price remains below the resistance level.
Short
by PIPSFIGHTER
#USDJPY 2HUSDJPY (2H Timeframe) Analysis Market Structure: The price is trading within a channel pattern, respecting both support and resistance levels. Currently, it is near the upper boundary of the channel, indicating possible resistance. Forecast: Wait for a retest of the channel resistance before considering a sell position, as confirmation is required to validate a potential move downward. Key Levels to Watch: Entry Zone: After a retest and rejection from the upper boundary of the channel. Risk Management: Stop Loss: Placed above the channel resistance or recent swing high. Take Profit: Target the midline or lower boundary of the channel for potential downside movement. Market Sentiment: The setup suggests a cautious bearish bias, but confirmation signals are needed before executing a trade.
Short
by PIPSFIGHTER
GBPJPY ANALYSIS IS READY MOVE TO FLYThis chart shows an analysis of the GBP/JPY currency pair on a 4-hour time frame using Heikin Ashi candlesticks. The key points of the analysis are: 1. Support Zone: The black horizontal line indicates a strong support level around 197.90. Price has previously respected this level, and it is expected to serve as a base for an upward move. 2. Cup and Handle Pattern: The red curved outline suggests the formation of a potential "Cup and Handle" pattern, a bullish continuation setup. The price seems to have completed the "cup" phase and could now be moving towards the breakout phase. 3. Breakout Scenario: If the price breaks above the current consolidation level, it could trigger a bullish rally. The blue arrows represent possible price trajectories toward higher levels. 4. Target Zones (TP1, TP2, TP3): TP1: Around the 200.000 level, which could act as the first profit-taking zone. TP2: Around the 202.000 level, marking a secondary target for traders. TP3: Around 204.000, the highest target zone for this analysis. 5. Bullish Outlook: The chart implies a potential bullish movement, with the price targeting higher zones if it breaks above the resistance level. Traders should watch for confirmation of the breakout and consider stop-loss levels below the support zone to manage risk.
Short
by Forex_Vip_Signals
BTCUSD ANALYSIS IS BUY POSSIBLE (READ THE CAPTION)This chart displays a technical analysis for Bitcoin (BTC/USD) on the 4-hour timeframe using the Bitstamp exchange data. Here’s a detailed breakdown of the analysis: 1. Demand Zone: A highlighted area above 101,700, indicating a potential support level where buying interest might be strong. 2. Price Action: Bitcoin is currently trading around 101,709, with slight fluctuations in the market as shown by the candlestick patterns. A consolidation and upward movement can be observed, signaling a possible bullish trend. 3. Targets and Stop Loss: First Target: Set at 104,962, indicating a near-term resistance level or price goal for a long position. Second Target: Set at 108,561, suggesting a longer-term bullish target. Stop Loss: Marked at 98,083, below the current price, which helps limit potential losses if the price reverses. 4. Trade Setup: A long position seems to be recommended, with a favorable risk-to-reward ratio. The green zone represents the potential profit range, while the red zone highlights the risk or stop-loss area. 5. Volume Profile: The vertical histogram on the right side shows trading volume at different price levels. Higher activity is concentrated near the current price, indicating strong participation.
BITSTAMP:BTCUSDLong
by Mr_Ethan1
Bearish drop?GBP/CAD has reacted off the pivot which has been identified as a pullback resistance and could drop to the overlap support. Pivot: 1.79888 1st Support: 1.78278 1st Resistance: 1.81349 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.
Short
by ICmarkets
1