Opportunity for selling EURUSDI see that EURUSD has confirmed strong resistance, so I took a sell trade with it.
Forexsignals
XAU/USD Bullish Continuation SetupThe chart illustrates a bullish market structure for XAU/USD, with price action currently trending upwards. Key technical observations:
Support Zone:
Price has recently bounced from a support zone around 3,399.710, indicating strong buying interest.
Bullish Projection:
A bullish continuation is expected. The chart outlines a potential scenario with a minor retracement towards 3,432.835 or 3,399.710, followed by a strong upward move.
Targets:
Immediate resistance is around 3,502.669.
If broken, price may aim for 3,550.351.
Final projected target lies near 3,680.000, which aligns with a historical supply zone.
Indicators:
The green enveloping bands suggest increasing volatility, with the price respecting the upper band, supporting bullish momentum.
Conclusion:
XAU/USD appears poised for a bullish breakout continuation. A potential pullback could offer a buy opportunity, targeting higher resistance zones as long as the structure remains intact
Testing Upper Channel Line || Eyes on 1.16 and Previous High📌 EURUSD 4H – Testing Upper Channel | Eyes on 1.1600-1.1666
🕓 June 12, 2025
👤 By: MJTrading
🔍 Technical Overview:
EURUSD continues its upward trajectory within a clean ascending channel, respecting both dynamic structure and EMA support zones. We're now retesting a key confluence area:
==============================================================
🔻 Bearish Setup Idea:
Entry Zone: 1.1570–1.1600
Stop Loss: Above 1.16666 (round number & psychological resistance)
Target: Channel midline (~1.1450) or lower band (~1.1380)
🧠 Why This Zone Matters:
🔺 Previous Swing Highs: Price is revisiting the April peak zone (~1.1570)
🧱 Round Number Confluence: 1.1600 & 1.1666
📉 Rising Channel Resistance: Upper boundary hit after extended leg
🔄 Potential Mean Reversion: EMAs are lagging behind price
⚠️ Invalidation:
A clean break and close above 1.1700 with follow-through may invalidate short bias and signal continuation toward 1.1800+
💬 Patience is power. Let the levels do the talking.
📎 #EURUSD #ForexAnalysis #TechnicalTrading #SmartMoney #PriceAction #RoundNumberLevels #MJTRADING
XAUUSD Hello Traders! 👋
What are your thoughts on GOLD?
Gold has broken above a major resistance level, and price has closed firmly above this zone, signaling strong bullish momentum and a shift in market sentiment.
We expect a brief pullback in the short term, followed by a resumption of the upward move toward higher targets and new highs.
As long as price remains above the identified support level, the bullish outlook remains valid.
Is gold ready for its next leg up after the pullback? Share your thoughts below! 🤔👇
Don’t forget to like and share your thoughts in the comments! ❤️
USDCAD: Bearish Trend Continues 🇺🇸🇨🇦
Amid the geopolitical tensions and a bullish rally on Crude Oil,
USDCAD is going to drop more.
The closest support that I see is 1.3545.
It will be the next goal for the sellers.
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Bearish continuation for the Loonie?The price has rejected off the pivot and could drop to the 1st support which acts as a pullback support.
Pivot: 1.3725
1st Support: 1.3430
1st Resistance: 1.3837
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.
Bullish bounce off pullback support?The Swissie (USD/CHF) has bounced off the pivot, which has been identified as a pullback support and could rise to the 1st resistance that aligns with the 61.8% Fibonacci resistance.
Pivot: 0.8081
1st Support: 0.7931
1st Resistance: 0.8308
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 reversal?USD/JPY is reacting off the pivot and could rise from this level to the 1st resistance.
Pivot: 143.79
1st Support: 139.64
1st Resistance: 148.91
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.
Bullish bounce for the Cable?The price is falling towards the pivot which is a pullback support and could bounce to the 1st resistance.
Pivot: 1.3409
1st Support: 1.3108
1st Resistance: 1.3768
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.
Bullish continuation?The Fiber (EUR/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance that lines up with the 127.2% Fibonacci resistance.
Pivot: 1.1447
1st Support: 1.1210
1st Resistance: 1.1712
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.
Could the DXY reverse from here?The price is reacting off the pivot and could rise to the 1st resistance which is an overlap resistance.
Pivot: 97.71
1st Support: 94.66
1st Resistance: 101.87
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.
Opportunity for buying EURUSDEURUSD touched strong support, so I think it will rise further, as shown.
Week of 6/15/25: EU AnalysisEU continues to have clean market structure and has all time frames aligned for bullish movement. Looking for price to retrace to the prime 1h POI for an A+ setup.
Major News:
FOMC - Wednesday
Week of 6/15/25: AU AnalysisLast week took the prior week's high and showed large rejection. Expecting this week to take the weak low and liquidity from all the lows to at least the extreme of the daily swing.
Major news:
FOMC - Wednesday
Falling towards major support level?NZD/USD is falling towards the support level which is an overlap support that aligns with the 78.6% Fibonacci projection and also slightly above the 127.2% Fibonacci extension and could bounce from this level to our take profit.
Entry: 0.5987
Why we like it:
There is an overlap support level that is slightly above the 127.2% Fibonacci extension and the also lines up with the 78.6% Fibonacci projection.
Stop loss: 0.5951
Why we like it:
There is a pullback support level.
Take profit: 0.6037
Why we like it:
There is a pullback resistance.
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Potential bearish drop?AUD/USD has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.6498
Why we like it:
There is a pullback resistance level.
Stop loss: 0.6519
Why we like it:
There is a pullback resistance level.
Take profit: 0.6468
Why we like it:
There is a pullback support that is slightly above the 61.8% Fibonacci projection.
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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.
Bullish bounce off 61.8% Fibonacci support?USD/JPY is falling towards the support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 143.43
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 142.88
Why we like it
There is a pullback support level that lines up with the 61.8% Fibonacci projection.
Take profit: 144.38
Why we like it:
There is an overlap 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.
Bullish bounce off pullback support?USD/CHF is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 0.8066
Why we like it:
There is a pullback support.
Stop loss: 0.8031
Why we like it:
There is a support level at the 61% Fibonacci projection and the 127.2% Fibonacci extension.
Take profit: 0.8157
Why we lik eit:
There is an overlap 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.
Bearish continuation?USD/CAD has rejected off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 1.3595
Why we like it:
There is a pullback resistance level.
Stop loss: 1.3644
Why we like it:
There is an overlap resistance level that aligns with the 50% Fibonacci retracement.
Take profit: 1.3545
Why we like it:
There is a support level at the 100% and the 78.6% Fibonacci projection.
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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.
EURUSD: Move Up Ahead?! 🇪🇺🇺🇸
EURUSD nicely respected the underlined key horizontal support.
A strong rejection from that and a formation of a bullish imbalance candle
indicate a highly probably bullish continuation next week.
Goal - 1.1608
❤️Please, support my work with like, thank you!❤️
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Let’s break down what's currently happening in the GBP/USD.GBP/USD Analysis in a Simple and Beginner
Let’s break down what's currently happening in the GBP/USD market, in a way that even someone without any trading experience can grasp easily.
At the moment, the market attempted to break out on the buy (upside), but it faced rejection, meaning it tried to go higher but couldn’t sustain that move and started falling down.
As the price dropped, it reached a point where a bullish engulfing pattern had previously formed this is a special pattern in trading which often signals a potential strong buying opportunity.
Now, here’s the key point:
📍 If the market comes back down to this engulfing buy zone, there's a high probability that it will bounce back up strongly from there think of it like a spring that’s been compressed and is ready to launch upward.
On the other hand:
📍 If the market doesn’t come down and instead continues moving upward, then we already have a bearish engulfing pattern waiting at a higher level. This is a zone where the market could face resistance and fall sharply again.
So what should you do?
✅ Be patient — let the market come to these important engulfing levels.
✅ Don’t rush into trades. Let the price touch these zones and then observe the reaction.
These engulfing zones are like magic they often predict powerful movements. Wait for the price to reach the level, and then watch the magic unfold.
Even if you're new to trading, this kind of analysis helps you understand when and where the market might turn without needing complicated indicators.
DYOR! Not Financial Advice.
GBPCHF Breaks Rising Wedge – Reversal Targets 1.0940 and 1.0815GBPCHF has broken down from a rising wedge formation on the 4H chart, signaling a shift from bullish momentum to bearish control. The pattern break comes near the 50% retracement level, with price now trading below ascending trendline support. With fundamental headwinds weighing on the British pound and safe-haven demand supporting the Swiss franc, the setup favors a short bias targeting the 1.0940 and 1.0815 zones.
🔍 Technical Analysis
Pattern: Rising wedge → broken to the downside
Breakout Confirmation: Price has closed below the wedge support (trendline)
Key Support Levels:
1.0940 → 38.2% fib + previous structure support
1.0815 → 23.6% fib retracement + horizontal support zone
1.0608 → Full wedge base (longer-term target)
Resistance / Invalidation:
1.1150 – a close back above this level invalidates the breakdown
Candle Behavior:
Bearish structure forming with lower highs
Clean engulfing candle closed below wedge
📉 Bias: Bearish (confirmed technical reversal)
🌍 Fundamental Context
🇬🇧 British Pound (GBP)
UK CPI expected to rise (3.3% forecast), which may limit BoE cuts, but not bullish enough to support GBP
Political uncertainty resurfaces (Labour slipping in polls)
BoE speakers are split; no clear support from policy
🇨🇭 Swiss Franc (CHF)
Safe-haven flows rising on:
Global growth slowdown
Tensions between U.S.–Iran
Downgrade of U.S. debt → risk aversion favors CHF
SNB remains cautious, but CHF gains defensive strength in risk-off conditions
🎯 Trade Setup
Bias: Sell
Entry Zone: 1.1080–1.1100 (breakout confirmation)
Targets:
TP1: 1.0940
TP2: 1.0815
TP3: 1.0608 (extension target)
Stop Loss: Above 1.1150
⚠️ Risk Factors
CPI surprise tomorrow could cause GBP spikes — be cautious around the release
If equities rally hard or CHF weakens globally, price could retest the wedge structure before falling
BoE hawkish surprise could challenge short-term bearish bias
🧭 Conclusion
GBP/CHF has broken out of a rising wedge — a classic bearish reversal signal. The technical break aligns with macro weakness in GBP and CHF strength in a risk-off environment. Short trades remain valid below 1.1150, targeting a drop to 1.0940 and 1.0815 in the coming sessions.
GBPNZD Important Resistance and SupportThe pair is heading towards the resistance at 2.363, which has not been tested by the sellers, so there are still many sellers waiting in this area. The uptrend could extend to 2.276, the highest peak of last month.
If the resistance at 2.263 cannot be broken, then 2.238 is the sideway border of the pair, which helps support the price increase. When it breaks out, it confirms a reversal to the downtrend.
The price reaction zone can be noted around 2.229 before touching the strong support zone at 2.220.
Support: 2.238, 2.229, 2.220
Resistance: 2.263, 2.276
