Get started

Forexsignals

Heading into 38.2% Fibonacci resistance?NZD/JPY is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which is also an overlap support. Pivot: 88.22 1st Support: 86.65 1st Resistance: 89.17 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
#BTCUSD 4HBTCUSD 4H Trading Setup Buy Level: 55,600 Target Level: $66,000 The BTCUSD pair shows a promising upward trajectory on the 4-hour chart. A key buy signal is identified at the level of $55,600. This level represents a strategic entry point, aligning with current technical indicators suggesting strong support and potential for a bullish movement. Once entered, the target level is set at $66,000, where significant resistance is expected. This target reflects a potential gain based on the current market structure and momentum. Key Considerations: Risk Management: Ensure proper stop-loss orders are placed to manage downside risk in case of market fluctuations. Market Conditions: Stay updated on broader market conditions and news that might impact BTCUSD price movements. Technical Indicators: Monitor key technical indicators such as moving averages, RSI, and MACD for any signs of trend reversal or momentum shifts. This setup assumes favorable market conditions and is based on technical analysis; adjustments may be necessary based on evolving market dynamics.
BINANCE:BTCUSDLong
by PIPSFIGHTER
NOTUSD / UNDER DOWNWARD PRESSURE - 4HNOTUSDT / 4H TIME FRAME HELLO TRADERS Downward Condition: The fact that the price is trading below the 0.008 level indicates a bearish sentiment in the market. When prices remain below this level, it suggests that sellers are in control, applying downward pressure on the , If the price continues to decline, it will likely test the 0.007 level as the next support. If that level is broken, the next target would be 0.006, reinforcing the bearish outlook. These support levels are key indicators of how low the price might drop. Upward Condition: If the price manages to break above 0.008 with a strong close, it would signal a shift in market momentum. A 4-hour close above this level indicates that buyers are gaining strength, potentially reversing the downward , Once 0.008 is broken, the next resistance would be at 0.009. This level needs to be breached to confirm a sustained upward move , For a full reversal of the downward trend and confirmation of an uptrend, the price would need to break above 0.009, with the next target being 0.010. This would signify buyer dominance and a stronger upward momentum. Current Market Analysis: The market is currently under pressure, with sellers driving prices below 0.008. However, should buyers step in and push the price back above 0.008, the market could shift upward, targeting 0.009. Until the 0.009 level is broken, the market remains in a cautious state, and sellers may still hold influence. TURNING LEVEL : 0.008
Short
by ArinaKarayi
XAGUSD / TRADING IN THE DOWNWARD ZONE - 4H TIME FRAMEXAGUSD / 4H TIME FRAME HELLO TRADERS Current Market Analysis: The market is trading below the turning level of 29.07 , and below the channel trend line at 29.38.This means the price action is currently bearish , with a downward bias , The immediate expectation is that unless the price breaks above these levels, the market could continue to decline. Downward Conditions: If the price remains below 29.38, it suggests that the market will continue to trend downward, Initial target for the decline: 28.10 , If 28.10 is broken, the next target would be 27.63. The downward trend remains valid as long as the price doesn't break and stabilize above 29.38. Upward Conditions: If the price breaks and stabilizes above 29.38, this would indicate the beginning of a bullish reversal , The first upward target is 29.82 , If 29.82 is broken, the market could aim for the next target at 30.51 , This upward movement would only be valid if the price successfully breaches the channel trend resistance and holds above it. UPWARD TARGET : 29.82 , 30.51. DOWNWARD TARGET : 28.10 , 27.63.
OANDA:XAGUSDShort
by ArinaKarayi
USDJPY / TRADING BELOW RESISTANCE TRENDLINE - 4HUSDJPY / 4H TIME FRAME HELLO TRADERS USDJPY , is currently trading below the turning level of 145.446 and remains below the resistance trendline, indicating downward momentum. There are two potential scenarios: The first scenario, Current price is trading below the resistance trend line at 145.446, If the price remains below this level, it is expected to decline , Target levels for this decline are 142.226 and, potentially, 140.745. The second scenario , If the price breaks above the resistance trend line at 145.446 and stabilizes above it , It suggests a potential increase , Target levels for the increase are 147.516 and, potentially, 149.310. UPWARD LEVEL : 147.516 , 149.310. DOWNWARD LEVEL : 142.226 , 140 .745.
Short
by ArinaKarayi
CHFJPY Sell-off to be extended.The CHFJPY pair has been trading within a Channel Down pattern since the July 11 High and has currently already started the new Bearish Leg, having failed to break above the 1D MA50 (blue trend-line). Until it does, the trend will remain bearish. This Leg targets the 1W MA100 (red trend-line) and our Target is 161.500. We will swift to buying again after the CCI prints two straight Higher Lows, similar to August 05 and April 02, but we will update when the time comes. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
Will UKOIL continue its decline?The U.S. Energy Information Administration (EIA) announced that global oil demand will reach a higher level this year, while noting that the increase in production will be lower than previously forecasted. Additionally, the EIA reduced its price forecast for Brent crude oil in 2024 by 2.4%, from $84.44 per barrel to $82.80 per barrel. As a result, Brent crude oil prices fell to the $70.0 level. Technically, if the 69.30 support level is broken, further declines toward 67.50 and 65.60 are possible. On the upside, if the 71.50 resistance is surpassed, buying momentum could accelerate toward the 73.0 and 74.30 resistance levels.
TVC:UKOIL
by primequotes
USOIL / TRADING ABOVE SUPPORT LEVEL - 4HUSOIL / 4H TIME FRAME HELLO TRADERS The First Scenario , The support level at 65.35 acts as a critical threshold; as long as prices remain above it, buyers dominate, pushing the price towards 68.74 and then 69.98. This rise reflects increased confidence in an uptrend. For the trend to be fully confirmed, prices must stabilize above 69.98, signaling sustained momentum, which could lead to a further increase to 71.59. The Second Scenario , if the price breaks below 65.35 and stabilizes, it indicates a shift in market sentiment, with sellers gaining control and potentially driving the price down to 63.35, followed by 62.65 This technical analysis underscores the importance of price levels in predicting future market movements and investor behavior. UPWARD TARGET : 68.74 , 69.98 , 71.59 . DOWNWARD TARGET : 63.35 , 62.65 .
TVC:USOILLong
by ArinaKarayi
Silver is Rising!With the weakening of the U.S. labor market, expectations for a 25 basis point rate cut by the Fed remain intact. In this context, U.S. 10-year Treasury yields have turned downward. The dollar's depreciation in yesterday's session led to a recovery in commodities, supporting a rebound in silver prices from the 27.75 level. The inflation data to be released today will provide further clues regarding the extent of the Fed's interest rate cuts. From a technical perspective, if prices hold above the 28.90 resistance level, a rise to 30.0 and then to 30.80 could occur. On the downside, if the price falls below the 27.75 support level, it could decline to 26.75 and then to 25.70.
OANDA:XAGUSD
by primequotes