Could the price bounce from here?USD/JPY is reacting off the pivot and could bounce to the 1st resistance which acts as an overlap resistance.
Pivot: 146.90
1st Support: 144.74
1st Resistance: 149.28
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.
Forexsignals
Bullish bounce off pullback support?The Loonie (USD/CAD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 1.4151
1st Support: 1.3946
1st Resistance: 1.4477
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 bearish drop?The Aussie (AUD/USD) has reacted off the pivot and could drop to the 1st support which is a pullback support.
Pivot: 0.6335
1st Support: 0.6203
1st Resistance: 0.6401
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.
Gold has a strong bullish momentum, could it rise from here?The price haas bounced off the pivot and could potentially rise to the 1st resistance.
Pivot: 2,859.06
1st Support: 2,790.01
1st Resistance: 2,989.91
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.
Bearish drop?The Kiwi (NZD/USD) has reacted off the pivot and could drop to the 1st support.
Pivot: 0.5761
1st Support: 0.5595
1st Resistance: 0.5828
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.
Gold Price Analysis March 7Fundamental analysis
Gold prices saw buying pressure as they dipped below $2,900 before rebounding to a daily high in European trading on Friday morning. Investors were cautious and waiting for the key US jobs report. The upcoming Non-Farm Payrolls (NFP) report will have a significant impact on the USD's performance in the short term and could provide fresh impetus to gold prices.
Amid the market’s anticipation of key economic data, expectations that the Federal Reserve could cut interest rates multiple times in 2025 – amid signs of slowing US economic growth – sent the USD tumbling to a multi-month low, further supporting gold prices. In addition, concerns surrounding former US President Donald Trump’s trade policies and their potential impact on the global economy weighed on investor sentiment.
Technical analysis
Gold price is increasing in the early European trading session. 2928 will be the resistance level in this trading session. If the European session fails to break this zone, consider SELL signals to 95. Conversely, when breaking 2928, wait for retest and BUY signals towards 294x to SELL. NF trading range today is 2876 and 2945.
gbpaud sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
#AUDUSD 1DAYAUDUSD (1D Timeframe) Analysis
Market Structure:
The price has successfully broken above the trendline resistance, indicating a potential shift towards bullish momentum. This breakout suggests that buyers are gaining strength and further upward movement can be expected.
Forecast:
A buy opportunity may arise as long as the price sustains above the broken trendline, confirming the breakout.
Key Levels to Watch:
- Entry Zone: Consider a buy position after a successful retest of the broken trendline or upon confirmation of bullish momentum.
- Risk Management:
- Stop Loss: Placed below the retest level or recent swing low to manage risk.
- Take Profit: Targeting key resistance levels based on historical price action.
Market Sentiment:
The breakout above the trendline resistance signals a positive market sentiment. A retest and sustained move above the breakout level can strengthen the bullish outlook.
#EURUSD 1DAYEURUSD (1D Timeframe) Analysis
Market Structure:
The price is currently facing resistance and has formed a sell engulfing pattern, indicating potential bearish pressure. This suggests that sellers are gaining control and a downward move may be expected from this level.
Forecast:
A sell opportunity may arise if the price continues to respect the resistance level and confirms bearish momentum.
Key Levels to Watch:
- Entry Zone: A sell position can be considered near the resistance zone after confirmation of bearish price action.
- Risk Management:
- Stop Loss: Placed above the resistance zone to manage risk.
- Take Profit: Target key support levels based on previous price action.
Market Sentiment:
The formation of a sell engulfing pattern at resistance indicates strong selling interest. Confirmation of bearish momentum can provide a better validation for a sell setup.
Gold (XAU/USD) Price Analysis: Bearish Reversal After Double TopThis chart represents the Gold Spot price (XAU/USD) on the 1-hour timeframe. Here’s an analysis of the price action and structure:
Key Observations:
Double Top Formation:
The red arrow highlights a potential double top pattern, indicating a possible bearish reversal.
The price attempted to break above resistance around $2,927 but failed.
Support & Resistance Levels:
Resistance Zone (Red Area): Around $2,920 - $2,927, where the price has struggled to break through.
Support Zone (Green Area): Around $2,875 - $2,880, where buyers might step in.
Trendline Break:
A blue trendline was supporting the uptrend, but the price has broken below it.
This signals a potential shift from bullish to bearish sentiment.
Bearish Outlook:
The chart suggests a sell setup, with a target around $2,880.
If this level breaks, further downside movement is possible.
Conclusion:
If the price stays below $2,912, further declines are likely.
A retest of $2,875 - $2,880 is expected.
A break above $2,927 would invalidate the bearish setup.
XAUUSD(Gold) Weekly Forecast(READ CAPTION)Hi traders Check Out the Weekly Analysis about Gold And share your ideas About it.
Gold will Drop From Current Area Technical Analysis Indicates Strong Support at 2892 and 2863 And Resistance Zone pointed at 2930.6 Gold Will Drop until 2832 Focus On The Target .
Likes Comments And Share your feedback about it.
Bearish drop?AUD/USD is rising towards the resistance level which his a pullback resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.6331
Why we like it:
There is a pullback resistance level that line sup with the 61.8% Fibonacci retracement.
Stop loss: 0.6372
Why we like it:
There is a pullback resistance level.
Take profit: 0.6262
Why we like it:
There is a pullback support level that line sup with the 61.8% Fibonacci retracement.
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Bullish rebound?USD/JPY is falling towards the support level which is a pullback support that lines up with the 61.8% Fibonacci retracement and could bounce form this level to our take profit.
Entry: 146.95
Why we like it:
There is a pullback support level.
Stop loss: 143.76
Why we like it:
There is a pullback support level that is slightly below the 138.2% Fibonacci extension.
Take profit: 150.92
Why we like it:
There is an overlap resistance level that line sup 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.
Bullish bounce off pullback support?USD/CHF is reacting off the support level, which is a pullback support. A bounce from this level could indicate a double bottom pattern, potentially leading to a price rise toward our take profit.
Entry: 0.8778
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracememt.
Stop loss: 0.8696
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.8916
Why we like it:
There is an overlap resistance level that lines up with the 38.2% 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 drop?USD/CAD has reacted off 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: 1.4412
Why we like it:
There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 1.4539
Why we like it:
There is a pullback resistance level.
Take profit: 1.4247
Why we like it:
There is an overlap 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.
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
The EURUSD pair has recently risen over the past few days, reaching a key resistance zone. At this level, we anticipate a correction before the price resumes its upward movement.
After pulling back to the identified support level, the pair is expected to continue its bullish trend toward the specified targets.
What are your thoughts on EURUSD’s next move? Share your insights below!
Don’t forget to like and share your thoughts in the comments! ❤️
USD/CAD Market Analysis: Potential Reversal from Resistance ZoneThe USD/CAD pair on the 15-minute timeframe is showing signs of a potential bearish reversal. The price has been in an uptrend, forming higher highs and higher lows while respecting a diagonal support trendline. However, it has now approached a key resistance zone around 1.43575, as marked by the M15 supply area.
The current price action suggests a rejection from this resistance, with wicks indicating selling pressure. If the price breaks below the ascending trendline, a further decline towards the 1.42794 support level is likely. The risk-to-reward setup favours short positions if confirmation of a bearish structure shift occurs.
Traders should monitor price action closely for a trendline break or a strong bearish engulfing candle to confirm the sell-off.
EURUSD Weekly FOREX Forecast: March 10 - 14thIn this video, we will analyze EURUSD and EUR Futures. We'll determine the bias for the upcoming week, and look for the best potential setups.
While the USD is bearish, the EUR is finding strength to the upside. This is noted in the very strong Friday candle. Meh NFP numbers, tariffs and trade wars are pulling the USD down, allowing the EUR and the other majors to move higher.
Look for a retracement to the +FVG in the beginning of the week. This could potentially set up the higher probability buy setup that potentially forms there.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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Analysis of BTC/USDT double top pattern occurring in the market.Hello traders.
As i mentioned before in my analysis when ever the double top pattern occure the market will move downward but still it is not completed when the neckline breacks then it will be the complete double top pattern and it will move btc more download.
If the btc bounce back from the resistance which is making right here on 8600$ it will be more upword.
Shere your valuable thoughs in comments about btc.
EUR/GBP Trade Analysis & Key LevelsEUR/GBP Trade Analysis & Key Levels
📈 **Current Price:** 0.83800
🔹 **Resistance:** 0.83900
🔹 **Support:** 0.83700
💡 **Market Outlook:**
- Strong **bullish momentum** observed, supported by the **EMA50** trend.
- If the price **breaks resistance**, the next target is **0.84600**.
- If the price **breaks support**, a bearish move may follow.
🎯 **Trade Plan:**
✅ **Entry:** Monitor for breakout confirmation.
✅ **Stop Loss:** 0.83600 (to manage risk effectively).
✅ **Risk Management:** Essential for capital protection.
📊 **Stay updated & trade wisely!** 🚀
USDCHF at Key Support Zone – Potential Rebound to 0.89000OANDA:USDCHF has reached a significant support zone, marked by prior price reactions and strong buying interest. This area has previously acted as a key demand zone, increasing the likelihood of a bullish bounce if buyers step in.
If the price confirms support within this zone through bullish price action—such as long lower wicks or bullish engulfing candles—we could see a reversal toward 0.89000, a logical target based on previous market structure and price behavior.
However, if the price breaks below this support zone and sustains, the bullish outlook would be invalidated, potentially leading to further downside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
GBPUSD Bearish ContinuationGBPUSD price seems to exhibit signs of overall Bearish momentum as the price action may form a credible Lower High with multiple confluences through key Fibonacci and Resistance levels which presents us with a potential short opportunity.
Trade Plan :
Entry @ 1.2580
Stop Loss @ 1.2830
TP 0.9 - 1 @ 1.23550 - 1.2330