EURUSD Near Ascending Channel’s Peak: Will It Reverse?EURUSD ( FX:EURUSD ) rose to the Resistance zone($1.054-$1.044), as I expected in the previous idea .
EURUSD is moving in the Resistance zone($1.054-$1.044) and near the upper line of the Ascending Channel ( the role of resistance ).
According to the theory of Elliott waves , it seems that EURUSD has completed 5 impulsive waves , and we should wait for corrective waves .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect EURUSD to fall at least to the Targets I have marked on the chart .
What do you think? Will EURUSD break the Resistance zone($1.054-$1.044) or back to test the Support zone($1.039-$1.033)?
Note: If EURUSD breaks the Resistance zone($1.054-$1.044), we can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S.Dollar Analyze (EURUSD), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Forexsignals
Gold will buy that's confirm read the caption The dismal mood somehow eased ahead of Wall Street’s opening, with the three major indexes now trading in positive territory. Gains however, are modest as investors gear up for the Federal Reserve (Fed) monetary policy announcement. The Fed is undergoing a two-day meeting, which will conclude on Wednesday. Officials will announce their decision afterwards, with officials widely anticipated to keep interest rates on hold. Whereas the accompanying statement and Chairman Jerome Powell’s speech are dovish or hawkish and will decide the market’s direction
Falling wards 61.8% Fibonacci support?EUR/CHF 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: 0.9408
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.9355
Why we like it:
There is a pullback support that lines up with the 88% Fibonacci retracement.
Take profit: 0.9459
Why we like it:
There is a pullback 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 reversal?GBP/AUD is reacting off the resistance level which is a pullback resistance that aligns with the 71% and the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.9929
Why we like it:
There is a pullback resistance level that aligns with the 71% and the 50% Fibonacci retracement.
Stop loss: 2.0065
Why we like it:
There is an overlap resistance level.
Take profit: 1.9742
Why we like it:
There is a pullback support that is slightly below 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 drop off pullback resistance?EUR/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: 1.0463
Why we like it:
There is a pullback resistance level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.0520
Why we like it:
There is a pullback resistance level.
Take profit: 1.0353
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 drop?USD/CHF is rising towards the resistance level which is an overlap resistance that is slightly above the 61.8% Fibonacci retracement and could drop from this level to our tke profit.
Entry: 0.9091
Why we like it:
There is an overlap resistance level that is slightly above the 61.8% Fibonacci retracement.
Stop loss: 0.9137
Why we like it:
There is a pullback resistance level that aligns with the 71% Fibonacci retracement.
Take profit: 0.9007
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.
USDINR Best sell signal you can find.The USDINR pair has been rising parabolically since the late September 2024 bottom. This rise has however most likely come to an end as the 1W RSI hit the top of its 16-year Resistance Zone.
This Zone has been holding since the October 2008 High and as you can see, it has offered 7 excellent sell signals. Most of those times, the rejection hit at least the 1W MA50 (blue trend-line), so if you are looking for a long-term short trade, you can consider this.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
DXY rebounding on the 1D MA50 and bottom of Channel Up.The U.S. Dollar Index (DXY) has been trading within a Channel Up since the November 05 2024 Low and the break-out above the 1D MA200 (orange trend-line). Yesterday it made a new Higher Low exactly at the bottom of the Channel and shortly after breaching the 1D MA50 (blue trend-line).
This MA recovery confirms the start of the pattern's new Bullish Leg. The previous two delivered a rise of exactly +4.50%, and as such we will be looking for a similar Target at 111.650.
Note that, even though the 1D RSI resembles the May 15 2024 Low, which despite an initial rebound, it was rejected on the Lower Highs trend-line at the time, now the long-term trend has shifted to bullish as that Lower Highs trend-line turned into Support on the December 06 2024 contact.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Xauusd chart The first line of support remains at $2,721, a sort of double top in November and December broken on January 21. Just below that, $2,709 (October 23, 2024, low) is in focus as a second nearby support. In case both abovementioned levels snap, look for a dive back to $2,680 with a full-swing sell-off.
Xauusd sell 2747
TP1 2740
TP2 2730
Target 2720
XAU/USD : Get Ready for more correction before the next bullrun!Analyzing the gold chart on the 4-hour timeframe, we observe that in the last trading day of the previous week, before attempting to establish a new high, the price faced a correction from the $2786 level and has since declined, reaching as low as $2747. Currently, gold is trading around $2761, and if the price stabilizes below $2780, we can expect further corrections.
The potential targets for this decline are $2756, $2751, and $2747, respectively. This analysis will be updated soon!
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
USD/JPY Hits Target Again! Massive 500 Pips Move! What's Next?By analyzing the USD/JPY daily chart, we observe that the price has dropped precisely from the 156.75 zone, as anticipated in our analysis, and has hit the 154 target! The key demand zone is between 153 and 154.3, while the significant supply zones are 155.40, 157 to 158.2, and 158.8, respectively. The total return from this analysis has exceeded 500 pips so far! With your support, this analysis will be updated soon!
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
The Latest Analysis :
|
EURGBP: Bearish Confirmation After Test of Resistance 🇪🇺🇬🇧
EURGBP may continue falling after a test of a significant
daily resistance.
We see multiple violation on minor supports, indicating
the strength of the sellers.
With a high probability, the pair is going to reach 0.8367 support soon.
❤️Please, support my work with like, thank you!❤️
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
The EURUSD pair has successfully broken above the identified resistance level. We anticipate a pullback to the broken level before continuing its upward movement toward the specified targets.
Don’t forget to like and share your thoughts in the comments! ❤️
Potential bearish drop?The Aussie (AUD/USD) has reacted off the pivot and could drop to the 1st support which has been identified as a pullback support that aligns with the 138.2% Fibonacci extension.
Pivot: 0.6283
1st Support: 0.6217
1st Resistance: 0.6326
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 price reverse from here?USD/JPY is rising towards the pivot which is an overlap resistance and could drop to the 1st support.
Pivot: 156.60
1st Support: 154.22
1st Resistance: 158.16
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.
Heading into overlap resistance?The Swissie is rising towards the pivot which has been identified as an overlap resistance and could drop to the 1st support which acts as an overlap support.
Pivot: 0.9092
1st Support: 0.9011
1st Resistance: 0.9152
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 Cable (GBP/USD) has reacted off the pivot and could drop to the 1st support.
Pivot: 1.2503
1st Support: 1.2372
1st Resistance: 1.2602
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.
EURUSD Analysis: Bull IncomingHello everyone, starting this sunday with a EURUSD Long Analysis:
As we can see, we have recently entered a bullish trend and I believe we are really close to a great entry.
As seen on the chart, the bottom trendline and what was this months highest resistance (now hopefully a support) are really close to be reached. and if the EURUSD keeps following the same trend as it has for now, we should have a solid trade.
I expect price to reach 1.05559 where my TP will also be set.
I have set the SL at 1.03969 which leaves room for the trade to breathe in case of high volatility during Mondays NY Session, which leaves us with a 3.02 Risk/Reward.
Happy trading! Let me know your thoughts on this.
Bullish bounce off pullback support?The Fiber (EUR/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.0441
1st Support: 1.0372
1st Resistance: 1.0535
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.
Heading into 50% Fibonacci resistance?AUD/JPY is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 97.79
Why we like it:
There is an overlap resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 98.77
Why we like it:
There is a pullback resistance level.
Take profit: 96.63
Why we like it:
There is a pullback support level that aligns with the 78.6% 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.
Falling towards overlap support?AUD/CAD is falling towards the support level which is an overlap support and could bounce from this level to our take profit.
Entry: 0.90009
Why we like it:
There is an overlap support level.
Stop loss: 0.89663
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Take profit: 0.90563
Why we like it:
There is a pullback 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.
Potential bullish bounce?NZD/JPY has bounced off the support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could rise from this level to our take profit.
Entry: 87.59
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 87.04
Why we like it:
There is a pullback support level.
Take profit: 88.37
Why we like it:
There is an overlap resistance 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.