Overlap resistance ahead?The US Dollar Index (DXY) is rising towards the pivot, which is an overlap resistance and could reverse to the 1st support that lines up with the 127.2% Fibonacci extension.
Pivot: 98.50
1st Support: 97.21
1st Resistance: 99.30
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Forexsignals
Gold Holding Strong – Eyes on $3400 and Beyond! (READ)By analyzing the gold chart on the 4-hour timeframe, we can see that after our last analysis, the price corrected down to $3341, then rallied back up to $3399. Currently, gold is trading around $3373, and if it manages to hold above $3355, we can expect further upside movement.
Potential bullish targets are $3400, $3417, $3450, and $3468.
Market next target ⚠️ Disruption Analysis – BTC/USDT
1. False Bullish Narrative
The chart labels the structure as “Bullish”, yet recent price action shows:
A strong rejection near 106,000.
Followed by multiple red candles with increasing volume — a common sign of sell pressure re-entering the market.
The bullish label may be premature or misleading based on this momentum shift.
2. Bearish Structure Developing
The price is starting to form a lower high after the sharp drop.
The outlined path resembles a head-and-shoulders pattern in early development, often preceding a bearish breakdown.
The breakdown could lead directly to the "Target" zone or even below if momentum increases.
3. Volume Divergence
The volume spike during the pump was not sustained. Post-spike, volume is declining on green candles, suggesting buyers are exhausted.
Sellers are likely using liquidity at the top to exit positions, not initiate new longs.
4. Support Turned Resistance
The red boxes mark failed support zones which now may act as resistance.
If price attempts to retest these zones and fails, it would confirm bearish control and validate the downward path toward the target (104,400–104,000).
Market next target ⚠️ Disruption Analysis – BTC/USD
1. Questionable Bullish Bias
The chart labels the structure as "Bullish," but the current setup looks more like a potential distribution phase than a healthy continuation pattern.
The price is moving sideways with declining volume, suggesting buyers are losing strength.
2. Volume Discrepancy
Notice the spike in volume during the sharp move up, followed by flat candles and lower volume.
This is typical of a "pump and fade" structure, where large players exit after a rapid price move, leaving retail traders with poor entries.
3. Resistance Not Clearly Broken
Price failed to sustain above 105,800–106,000, indicating that the resistance zone remains valid.
The recent rejection candles near this level suggest sellers are active and overhead pressure is strong.
4. Descending Into Compression
The blue "descending" structure before the sideways move may signal a bearish flag or a pause before further downside—not necessarily a bullish sign.
5. False Reversal Warning
The bullish pattern drawn with zig-zags (implying consolidation before continuation) could actually be setting up a bull trap.
If price fakes a bounce and then breaks below 104,800, a sharper decline toward the 103,000 target could accelerate quickly.
Market next target ⚠️ Disruption Analysis – USD/JPY
1. Sideways/Flat Price Action
Price is consolidating in a tight range with small-bodied candles.
This indicates indecision and lack of momentum, not strength.
The upward arrows suggest bullish bias, but no strong signal confirms a breakout yet.
2. Bearish Momentum
The recent red candles dominate, showing a clear drop from above 146.000 earlier.
The overall trend (short-term) is down, and the support area could be tested again.
3. Decreasing Volume
Volume is fading out, especially the most recent bar (around 1.01K).
This suggests waning interest—any bullish breakout without volume support is likely to fail or reverse.
4. Resistance Area is Strong
The resistance zone near 145.800–146.000 is clearly tested before and held.
Without a significant catalyst, it's unlikely to break in the near term.
5. False Breakout Risk Above Target
The marked "target" just below resistance could trigger false bullish entries.
Market next move ⚠️ Disruption Analysis of the Chart
1. False Breakout Risk
The price is currently within an ascending channel, which is often seen as bullish.
However, the recent candlesticks show smaller bodies with wicks on top, indicating buyer exhaustion.
A false breakout above the upper trendline or support around 1.3632 could trap buyers before a sharp reversal.
2. Low Volume Confirmation
Volume peaked earlier but has significantly decreased in the last few candles.
Weak volume during a price rise signals a lack of conviction, increasing the likelihood of a pullback.
3. Resistance Flip Not Confirmed
The level around 1.3600 is marked as resistance-turned-support, but there is no strong retest confirmation yet.
If price revisits this zone and fails to bounce, this support could break, leading to a downside reversal.
4. Divergence Watch
While not visible in this static image, if you overlay RSI or MACD, there could be signs of bearish divergence (price making higher highs while momentum indicators make lower highs).
This is often a leading indicator of trend weakening.
Market next target 🔁 Disrupted Analysis (Bullish Scenario Instead of Bearish)
1. Price in an Upward Channel:
The price remains within a clear ascending channel, respecting both upper and lower bounds.
The bearish arrow prematurely predicts a breakdown while no support break has occurred.
2. Strong Bullish Momentum:
Price is making higher highs and higher lows, a textbook bullish structure.
The recent dip respected the lower trendline and was followed by strong green candles.
3. Volume Confirmation:
Notice the increasing bullish volume on the recent push higher.
That suggests buyers are still in control, contradicting the bearish prediction.
4. Invalidation of Bearish Breakdown:
Until the lower blue trendline is clearly broken with volume, the bearish target is speculative.
Support is holding at 1.1610–1.1600 zone, which may become a launchpad for further gains.
Market next move 🔁 Disrupted Analysis (Bullish Scenario Instead of Bearish)
1. Support Holding Firm:
The analysis assumes the price will drop after failing resistance, but the current price action is showing higher lows, suggesting accumulation.
The support area has been tested multiple times, showing strength.
2. Volume Analysis Contradiction:
Recent green volume bars indicate buying interest at lower levels.
No significant volume spike on the last downward leg, suggesting lack of strong selling pressure.
3. Potential Inverted Head and Shoulders:
The current formation could be the right shoulder of an inverted head and shoulders pattern, a classic bullish reversal setup.
If confirmed, this could lead to a breakout above the resistance area, not a drop.
4. Trendline Breakout Watch:
There's a potential bullish breakout of the descending trendline.
A break above 3,320 USD could invalidate the bearish thesis and suggest a target near 3,340–3,350 USD.
EUR/CHF Channel Breakdown – Bearish MomentumThe EUR/CHF pair has broken down from a well-defined ascending parallel channel, indicating a shift in market structure and a possible continuation to the downside. The price had been consistently respecting the resistance zone near 0.9435–0.9440 (marked in red) and the support zone near 0.9375–0.9380 (marked in green), forming an upward-sloping consolidation channel.
After multiple rejections at the upper resistance, the price decisively broke below the support line with strong bearish momentum, confirming a bearish breakout from the channel.
🔻 Breakdown Implication
The height of the channel—measured from the support to the resistance—has been used to project the next potential downside target. The projected breakdown target is marked near 0.9309, which aligns with historical price reaction zones and provides a clean structure-based price objective.
This suggests the bearish move could extend further in the coming sessions unless the price quickly recovers and climbs back above the broken support, which would invalidate the breakdown structure.
🧠 Trading Outlook
Bias: Bearish after confirmed breakdown from channel
Entry (if not in already): Consider selling on retest of broken support (~0.9375)
Target: 0.9309 (based on channel height)
Stop Loss: Above 0.9390–0.9400 (above breakdown point)
This setup is ideal for momentum traders looking to capitalize on trend continuation after a failed bullish structure.
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Market next target 🔁 Disrupted Analysis (Bullish Scenario Instead of Bearish)
1. Support Holding Firm:
The analysis assumes the price will drop after failing resistance, but the current price action is showing higher lows, suggesting accumulation.
The support area has been tested multiple times, showing strength.
2. Volume Analysis Contradiction:
Recent green volume bars indicate buying interest at lower levels.
No significant volume spike on the last downward leg, suggesting lack of strong selling pressure.
3. Potential Inverted Head and Shoulders:
The current formation could be the right shoulder of an inverted head and shoulders pattern, a classic bullish reversal setup.
If confirmed, this could lead to a breakout above the resistance area, not a drop.
4. Trendline Breakout Watch:
There's a potential bullish breakout of the descending trendline.
A break above 3,320 USD could invalidate the bearish thesis and suggest a target near 3,340–3,350 USD.
Bearish reversal off pullback resistance?NZD/USD is reacting off the reistance level which is a pullback resistance that lines up with the 127.2% Fibonacci extension and the 78.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.6039
Why we like it:
There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement and the 127.2% Fibonacci extension.
Stop loss: 0.6060
Why we like it:
There is a pullback resistance level that is slightly below the 161.8% Fibonacci extension.
Take profit: 0.5966
Why we like it:
There is a pullback support that lines up with the 50% Fibonacci retracement.
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Potential bearish drop?USD/JPY is reacted off the support level which is an overlap support and could drop from this level to our tak eprofit.
Entry: 144.96
Why we like it:
There is an overlap support level.
Stop loss: 146.11
Why we like it:
There is a pullback resistance level.
Take profit: 142.70
Why we like it:
There is a pullback 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.
Bullish bounce?USD/CAD has bouned off the support level which is an overlap support and could rise from this level too ur take profit.
Entry: 1.3687
Why we like it:
There is an overlap support level.
Stop loss: 1.3668
Why we like it:
There is a pullback support level.
Take profit: 1.3740
Why we like it:
There is a pullback resistance level that lines up 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.
EURNZD: Time to Grow 🇪🇺🇳🇿
EURNZD is strongly bullish after a test of a key horizontal support.
A bullish violation of a resistance line of a falling channel provide
a strong bullish signal.
Goal - 1.936
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EURNZD Eyes 1.99 — Technical & Fundamental Bulls AlignedToday, I want to analyze EURNZD ( OANDA:EURNZD ) for you, which is in good shape both technically and fundamentally .
Please stay with me.
EURNZD is moving close to the Support zone(1.88750 NZD-1.7970 NZD) and 100_SMA(Daily) and has managed to form a Double Bottom Pattern .
From the perspective of Elliott Wave theory , EURNZD seems to have completed the main wave 4 , and we should wait for the main wave 5 . The main wave 5 could complete at the Heavy Resistance zone(2.120 NZD-1.9927 NZD) .
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EURNZD – Fundamental Analysis:
The EURNZD pair currently reflects a divergence between two very different economic outlooks.
Eurozone (EUR):
The European Central Bank (ECB) has recently begun cutting interest rates to support slowing economic activity, especially in the industrial and manufacturing sectors. Despite this dovish shift, inflation remains relatively under control, and the euro has held up well against riskier currencies thanks to global uncertainty and safe-haven flows.
New Zealand (NZD):
New Zealand's economy is under pressure. The latest GDP figures confirmed a weak growth outlook, and signs of a technical recession are mounting. While the Reserve Bank of New Zealand (RBNZ) has maintained a relatively hawkish tone, it faces a dilemma: inflation is sticky, but domestic demand and housing remain fragile. The RBNZ may be forced to soften its stance sooner than expected.
Outlook:
This fundamental backdrop supports a bullish bias for EURNZD. The euro’s relative stability versus the increasingly vulnerable New Zealand dollar makes this pair attractive for long positions — especially if upcoming NZ data disappoints or global risk sentiment weakens further.
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Based on the above explanation, I expect EURNZD to rise to at least 1.9917 NZD .
Note: Stop Loss(SL): 1.8779 NZD
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/New Zealand Dollar Analyze (EURNZD), Daily time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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.
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EURUSD Short Part IIEURUSD Analysis
On EURUSD daily chart from CMC Markets quota, indicates a bullish trend with a symmetrical triangle pattern forming. The price has recently broken above a key resistance level, suggesting potential for continued upward movement.
Key Price Levels
Current Price: 1.16932
Stop Loss (SL): 1.16549
Take Profit 1 (TP1): 1.12003
Take Profit 2 (TP2): 1.09318
Trend Analysis
EURUSD shows clear signs on an ascending trend supported by higher lows and higher highs since early 2025. Both orange trend-lines which I created form a symmetrical triangle, with the price nearing the apex, hinting at a potential breakout or reversal which I have been looking for a reversal bearish breakout.
The upward momentum is strong, but the proximity to the upper trend-line and set take-profit levels indicates preparation for a possible correction. I still believe in shorts on EURUSD.
Conclusion
Traders and investors should monitor the price action near the triangle apex for breakout confirmation. The set stop loss and take-profit levels provide a structured approach to managing the trade, balancing potential gains with risk mitigation. Stay tuned for more updates on the trade.
Technical + Fundamental Alignment: GBPUSD Short in PlayGBPUSD ( FX:GBPUSD ) is moving near the Resistance zone($1.354-$1,350) and has managed to break the Support line .
In terms of Elliott Wave theory , it seems that GBPUSD has completed the Zigzag Correction(ABC/5-3-5) , we can expect the next five bearish waves .
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Fundamental Analysis
1-Weak UK Economic Data:
Recent reports including Retail Sales, Industrial Output, and PMIs have come in below expectations.
Labour market is softening, and wage growth is decelerating.
2-Dovish Expectations for BoE:
With inflation cooling down, the Bank of England is expected to hold or even cut rates soon, reducing support for the pound.
3-Stronger USD Outlook
Despite some weaker U.S. data, the Fed maintains a hawkish stance. U.S. retail sales and inflation still support the dollar overall.
4-UK Political Risk
Upcoming UK elections on July 4 are adding uncertainty and downside risk to GBP.
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I expect GBPUSD to attack at least the Support lines based on the above explanation.
Targets: 1.3
1)1.3353 USD =>Risk-To-Reward: 1.51
2)1.3315 USD =>Risk-To-Reward: 2.00
Note: Stop Loss(SL): 1.3549 USD
Please respect each other's ideas and express them politely if you agree or disagree.
British Pound / U.S Dollar Analyze (GBPUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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.
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GOLD BUY BIAS • Demand Zone (Grey Box):
Price tapped into a clear demand/support zone around 3300–3310, showing rejection wicks and slowing bearish momentum.
• Reversal Expectation:
Bullish projection drawn on the chart suggests a potential rally if price holds above this zone.
• Upside Targets:
• First target: ~3390 (previous structure high)
• Next: ~3410–3440 (liquidity sweep area)
EURAUD – Rejection From Resistance: Bearish Momentum BuildingThe recent rally on EURAUD has met strong rejection near the 1.7980–1.8000 supply zone, signaling exhaustion of bullish momentum. With price forming a clear lower high and pushing away from the upper range, traders may be eyeing short setups targeting deeper fib retracements. Here's how the fundamentals align with the technical picture:
🔻 Bias: Bearish
🔑 Key Fundamentals
Eurozone: While the German Ifo business sentiment has improved, hard data (like industrial output) remains weak. ECB speakers such as Panetta and Knot continue to lean dovish, signaling no urgency for further tightening.
Australia: The AUD is finding strength from a risk-on global environment, falling oil prices (positive for AUD importers), and stability in China-sensitive commodities. The RBA remains relatively hawkish versus the ECB.
Yield Spread: Euro-Australia rate differentials are narrowing, reducing EUR’s relative appeal.
⚠️ Risks to Bias
Unexpected Hawkish ECB Commentary
Risk-Off Event (e.g., equity sell-off or new geopolitical tensions) that could weaken AUD
China PMI Miss dragging AUD if demand outlook sours
📅 News/Events to Watch
June 28: U.S. Core PCE (Fed impact → EURUSD spillover)
June 30: China PMIs (key for AUD demand outlook)
Ongoing: ECB member speeches, Eurozone CPI prelims
🔄 Potential Leader
AUD Crosses (e.g., AUDJPY, AUDUSD) may lead broader moves if China PMI surprises or if commodities rebound further.
This technical rejection from the key resistance zone aligns with the macro shift favoring AUD strength over EUR. As long as price stays below the 1.7980–1.8000 zone, EURAUD may slide toward 1.7730, 1.7595, and even 1.7460 in extension.
🔔 Trade idea: Watch for bearish confirmation on the H4 close below 1.7830 to validate momentum continuation.
NASDAQ, USTECUSTEC price is currently near the main resistance level of 22168-22229. If the price cannot break through the level of 22229, it is expected that the price will have a chance to go down. Consider selling the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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EURUSD Potential Topping ActionTaking a look at the 4hr chart, RSI is showing signs that the bullish momentum is starting to fade with the bearish divergence. In the event we get a 4hr candle that closes below the last, I'll be looking to start scaling some short positions with this pair.
Trade Safe - Trade Well.