Get started

Forexsignals

GBPNZD Strong buy signal at the bottom of the Channel Up.The GBPNZD pair has been trading within an 11-month Channel Up and since its break below the 1D MA50 (blue trend-line) on August 28, it has been forming the new bottom. Monday saw it approaching the Higher Lows trend-line and with the 1D MA200 (orange trend-line) just below it as a Support, we believe that we've seen the new Low. In fact, as the 1D RSI made a Double Bottom, it resembles the Channel's last bottom formation on June 06. The final confirmation of the bullish break-out will be when a 1D candle closes above the 1D MA50. We expect at least a +4.45% rise, thus targeting 2.19000 on the medium-term. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
EUR/USD Analysis – Potential Rejection at Key ResistanceOn the EUR/USD chart, the price is currently not near the resistance level, but if it rises back to this zone, we could see a potential rejection, offering a good shorting opportunity. This resistance has acted as a strong barrier in the past, and with the right setup, it could provide a favorable risk-to-reward trade. Keep an eye on the price movement as it approaches this level and watch for confirmation signals before entering the trade.
Short
by rebenga93
Gold is also under pressure from the USDGold has been buying and selling inside an ascending broadening wedge and trending better. The average fashion stays upward, because the rate is above the 20-day and 50-day SMAs. However, gold is extraordinarily overbought withinside the quick term, because the RSI indicates. Therefore, the rate is correcting decrease towards the yellow dotted trendline, which intersects with the 20 SMA. Therefore, this rate correction is possibly to locate assist round 20 SMA, wherein the following purchase sign may also emerge. The gold stays upward trending so long as the rate stays above $2514. The gold marketplace additionally trended better at the 4-hour chart, forming an ascending channel pattern. The rate peaked at $2,685.sixty four on Thursday remaining week, achieving the resistance stage of this ascending channel. However, gold is presently locating assist on the midline of this channel and rebounded better on Tuesday. Two assist ranges are seen at the 4-hour chart: the midline assist at $2,630 and the decrease channel assist at $2,582. These assist ranges also are determined at the day by day chart above. 💎 TVC:GOLD BUY 2649 - 2647💎 ✔️TP1: 2660 ✔️TP2: 2668 ✔️TP3: OPEN 🚫SL: 2640
TVC:GOLDLong
by FalCol_TradingMaster
Gold price is in the most balanced state in the past 2 monthsMany observers consider that call for for gold in China might also additionally decline after the authorities has simply brought a sequence of measures to rescue the economy, which include the actual property market. Cash go with the drift abruptly determined its manner to Chinese stocks. Gold is likewise below stress from the USD all at once strengthening withinside the October 1 consultation withinside the context of a sequence of different nations seeking to pump cash to aid the economy. The DXY index (measuring the fluctuation of the USD in opposition to a basket of 6 predominant currencies) accelerated once more to 101.2 factors at the night of October 1 (Vietnam time), in comparison to 100.36 factors on October 25. 9, however nonetheless decrease than the extent of 103 factors in mid-August and the extent of 106.25 factors on the stop of April. Currently, gold continues to be supported via way of means of escalating geopolitical tensions withinside the Middle East. Signs display that Israel has a clean gain withinside the region. And it's far possibly that the state of affairs withinside the Middle East will settle down after a warm period. 💎 OANDA:XAUUSD BUY 2649 - 2647💎 ✔️TP1: 2660 ✔️TP2: 2668 ✔️TP3: OPEN 🚫SL: 2640
OANDA:XAUUSDLong
by FalCol_TradingMaster
Bullish bounce?EUR/CAD is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance which is a pullback resistance. Pivot: 1.48941 1st Support: 1.48252 1st Resistance: 1.49923 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
Could price reverse from here?CAD/XCHF is rising towards the pivot and could reverse to the 1st support which has been identified as a pullback support. Pivot: 0.62927 1st Support: 0.62405 1st Resistance: 0.63155 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
Bullish bounce?NZD/CAD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 0.84367 1st Support: 0.83708 1st Resistance: 0.85278 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
XAU/USD : Be Ready for Another Correction! (READ THE CAPTION)By analyzing the gold chart on the 30-minute timeframe, we can see that yesterday, as expected, the price finally dropped to $2624. After reaching this key demand level, it experienced a bullish move and has risen over 250 pips to $2650 so far. The $2651 to $2656 range is a key supply zone, and I expect a price correction once it reaches this area. Keep an eye on the price reaction at this level! (This analysis will be updated) 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
OANDA:XAUUSDShort
by ArmanShabanTrading
17
XAU slightly increased after a sharp decline in the previous sesWorld gold regains momentum World gold prices recorded a slight increase of 2,636 USD/ounce, showing a recovery compared to the previous session. In the previous trading session, the price had fallen to 2,629.5 USD/ounce due to pressure from the signal of a moderate pace in the Fed's next interest rate easing cycle. Fed Chairman Jerome Powell spoke at the annual meeting of the National Association for Business Economics (NABE), emphasizing that the economy is in a solid state and the Fed will continue to carefully evaluate input data when considering the next policy adjustment.
OANDA:XAUUSD
by TrategySherpa
AUDCHF Trade this rejection or break-outThe AUDCHF pair is now on its 1W MA50 (blue trend-line) having rebounding on the 1-year Support Zone. Even though the multi-year pattern is a Channel Down, we are low enough historically, having reached levels not seen since March 16 2020, that we may have to start considering a long-term reversal. As such, our trading plan is focused on a potential rejection or bullish break-out. Short near the top of the Channel Down for a potential Lower Highs trend-line rejection and target 0.56000 (Support Zone). If however the price breaks above the Lower Highs trend-line, take the loss on the short and buy, targeting the 1W MA200 (orange trend-line) at 0.63000. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
Lower performance reduces the opportunity cost of holding goldGold prices are under pressure as the US Federal Reserve (FED) signals a moderate pace in the next safety break. According to Kitco, FED Chairman Jerome Powell has just taken a rather positive tone, noting that "the economy is in a solid state." “Looking ahead, if the economy develops as expected, policy will shift in a more neutral direction. But we don't have any predefined programs. The risks are two-sided and we will continue to make our decisions with each competition. Our decision to reduce interest rates by 50 basis points reflects our idea that, with appropriate calibrating of school policies, labor market strength can be maintained. , in the context of economic growth and the possibility of inflation falling firmly to 2%," Mr. Powell said. 💎 OANDA:XAUUSD Buy 2624 - 2627💎 ✔️TP1: 2647 ✔️TP2: 2657 ✔️TP3: OPEN 🚫SL: 2619 ➖➖➖➖➖➖➖➖ 💎 OANDA:XAUUSD Sell 2657 - 2655💎 ✔️TP1: 2647 ✔️TP2: 2637 ✔️TP3: OPEN 🚫SL: 2663
OANDA:XAUUSDLong
by FalCol_TradingMaster
Hellena | EUR/USD (4H): Long to the 100%-161.8% Fibo lvl 1.13296Colleagues, I reviewed the waves a bit and realized that the upward movement is likely to continue. At the moment I believe that the price is in wave “3” lower wave and in wave “5” higher wave. Therefore, I think that the nearest target is in the area of 1.13296, which is 100%-161.8% of Fibonacci extension levels. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
13