Potential bullish bounce?USD/CHF is falling towards the support level which is a pullback support that is slightly above the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.9134
Why we like it:
There is a pullback support level that is slightly above the 38.2% Fibonacci retracement.
Stop loss: 0.9098
Why we like it:
There is an overlap support level that is slightly below the 50% Fibonacci retracement.
Take profit: 0.9188
Why we like it:
there is a pullback resistance 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.
Forexsignals
AUD/USD Is Crashing—Don’t Miss This Massive Opportunity!In this analysis, we dive deep into the AUD/USD pair, highlighting its ongoing bearish momentum and key levels to watch. Starting from the monthly timeframe, we explore the AUD’s struggles against the USD, identifying a strong bearish close in December and potential continuation downward.
Key Highlights:
• The Aussie Dollar has been in a 14-week downtrend , with the .6130 support level now in focus.
• On the H4 timeframe , we’re looking for a pullback to areas like .6180 or a liquidity sweep around .6200 for potential sell opportunities.
• Why the USD matters: The Dollar Index (DXY) shows bullish strength with strong volume increases, higher highs, and key resistance levels broken. These indicate continued pressure on AUD/USD.
Expectations:
• A potential break of the .6130 support level with further bearish movement as the USD strengthens.
• Watch for reactions at key levels and pullbacks before entering short positions.
If this breakdown was helpful, boost the post, share it with your trading circle, and let us know in the comments what pair you’d like analyzed next. Let’s keep dominating the markets! 💼📊
#AUDUSD #ForexAnalysis #TradingInsights #DXY
GBP/JPY - The Massive Opportunity Most Traders Will Miss!Welcome to today’s market analysis with Mr. Blue Ocean FX! It’s Sunday, January 12, and while the markets are closed, we’re diving into a detailed look at GBP/JPY and the huge opportunities it presents.
Key Highlights:
• Starting on the monthly time frame , we’re observing a ranging market , with higher highs and lows suggesting an overall bullish trend. However, signs point to potential lower prices ahead due to key liquidity levels being tested and rejected.
• On the weekly time frame, a double-top formation near the 199 area hints at bearish pressure. Key neckline support sits around 190, which, if broken, could open the path to targets at 173 and 163.
• Scaling down to the daily and H4 time frames, the market is consolidating, and liquidity sweeps or retests of significant levels could offer high-reward trade setups. We’re also watching for rejection at key resistance levels before potential further downside.
• Key Trading Tip: Markets range 75-80% of the time—recognize these opportunities to trade within consolidation zones!
Trade Setup:
• Watching for lower-high formations or liquidity sweeps to confirm entries.
• Stops will be placed above key resistance levels, with potential short-term targets at 190 and longer-term targets at 173 and 163.
Stay disciplined: “Don’t chase the falling knife!” Always wait for pullbacks or retests to maximize risk-to-reward.
If you found this analysis valuable, don’t forget to like, share, and follow! Comment below with pairs you’d like us to analyze in future videos.
Happy trading and see you next time!
USOIL USOIL is still in an uptrend. Previous analysis on 1/12/2024, the price is up as expected and we expect the price to test the resistance zone 78-79. If the price cannot break through the 79 level, we expect the price to go down in the short term. 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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Pattern and Structure This image provides a visual guide to key chart patterns and market structures in Forex trading. It emphasizes the importance of understanding how these patterns form and how price action influences market movements. The chart showcases several common patterns:
1. Bearish Channel: Traders are advised to buy at the retest after a breakout from the channel.
2. Double Bottom: This reversal pattern suggests buying after the confirmation of the second bottom or the breakout.
3. Rising Wedge: A bearish continuation pattern where selling is recommended after a breakout.
4. Flag Pattern: This continuation pattern typically occurs after a strong price move. The image suggests buying after the breakout.
5. Inverted Head and Shoulders (H&S): A reversal pattern signaling a potential bullish move, with a buying opportunity after the breakout.
6. Symmetrical Triangle: This pattern can break either way, but the focus is on buying at the retest after an upward breakout.
The psychological level plays a significant role, as it represents critical zones where market sentiment often shifts. The chart encourages re-entry after successful retests in bullish patterns. This comprehensive structure helps traders enhance their technical analysis skills and make informed decisions.
AUDJPY - Short SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D and 1W key liquidity level and left untouched level lower, this indicates on probable distribution Wyckoff range.
But to take more statistically probable trades we should wait for some type of lower timeframe confirmation, and in this case we can notice sign of weakness (reaching the middle of the range), so potentially there is a higher probability to see price lower.
Your success is determined solely by your ability to consistently follow the same principles.
Xauusd buy confirm Gold price (XAU/USD) gains some follow-through positive traction for the fourth consecutive day and trades at its highest level in nearly a month above $2,680. Market focus shifts to US labor market data, which will feature Nonfarm Payrolls and wage inflation figures.
Xauusd buy 2680
Support 2700
Target 2710
Gold climbs to fresh multi-week high above $2,680 ahead of US NFP
GBPUSD Ultimate buy signal at the bottom of the 2year Channel UpThe GBPUSD pair brutally reversed this week's early gains and the 1W candle will most likely close in red after making a new Low. The trend has been bearish since the September 23 2024 High and has been accelerated after the 1W MA50 (blue trend-line) and 1W MA200 (orange trend-line) rejection in early December.
This is however the ultimate long-term buy opportunity as the price is almost at the bottom of the 2-year Channel Up. On top of that, the 1W RSI is almost on the oversold barrier (30.00), a level intact since October 2022.
As long as the price is closing within the Channel Up, we see a rebound towards the 0.618 Fibonacci retracement level very likely, as it happened in November 2023. Our Target is 1.2950.
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World gold prices increased despite the high USD.Gold prices hit a near four-week high on safe-haven demand amid financial market turmoil. Investors sought safety amid concerns about Britain's finances and President-elect Donald Trump's economic policies.
In Britain, concerns about the budget deficit sent the pound to its lowest in more than a year against the dollar, with 10-year government bond yields rising to 4.92% and the FTSE 250 index falling for a third straight day, raising concerns about the risk of global financial contagion.
Meanwhile, market attention turns to Friday's US nonfarm payrolls report, which is expected to show the number of new jobs in December fell to 160,000, compared with 227,000 in November.
🔥 XAUUSD SELL 2677 2679🔥
💵 TP1: 2665
💵 TP2: 2655
💵 TP3: OPEN
🚫 SL: 2687
Hellena | Oil (4H): Short to area of 50% Fibo lvl of 71.500. Colleagues, I believe that price is ending a five-wave upward movement and a correction is about to begin. I expect the price to renew the nearest high and reach the area of 75.500, after which it will start a correction to the area of 50% Fibonacci level of 71.500.
It may well be that the price will immediately start a downward movement and it will mean that wave “C” is already completed.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Bullish bounce?AUD/USD is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance.
Pivot: 0.6163
1st Support: 0.6125
1st Resistance: 0.6236
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.
Bullish momentum to extend?The Loonie (USD/CAD) has reacted off the pivot and could rise to the 1st resistance.
Pivot: 1.4303
1st Support: 1.4303
1st Resistance: 1.4469
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 Spot (XAU/USD) Technical Analysis: Harmonic Pattern and KeyThis analysis highlights a harmonic pattern forming on Gold Spot (XAU/USD) in the 4-hour timeframe, along with critical support and resistance levels that may guide future price action.
Key Levels:
Support Zone: 2638–2630
This area represents a strong support zone where price may find buying interest if a pullback occurs.
A break below this range could lead to further bearish momentum.
Resistance Levels:
2675: First resistance level where the price could face selling pressure.
2695: A key level in alignment with the harmonic pattern's potential completion.
2710: Final target zone, representing a full extension of the pattern and a critical resistance area.
Harmonic Pattern:
A potential Bearish Gartley pattern is forming, with the final point (D) expected near the 2695–2710 zone.
This pattern suggests a possible reversal from the completion zone, depending on price action and confirmation signals.
Scenarios:
Bullish Scenario:
If the price holds above the 2638–2630 support zone, it may continue its upward move toward the resistance levels at 2675 and 2695.
A breakout above 2695 could lead to further gains, targeting 2710.
Bearish Scenario:
Failure to break above the 2695–2710 zone (completion of the Gartley pattern) may result in a reversal toward the support zone at 2638–2630.
A break below 2630 could trigger additional downside momentum.
Conclusion:
Gold is approaching a critical area defined by the harmonic Gartley pattern. The 2638–2630 support and 2695–2710 resistance levels are key zones to watch for potential price reactions. Traders should look for confirmation signals, such as candlestick patterns or momentum shifts, to identify the next move.
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eurnzd analysis elliot. 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
eurjpy buy 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
euraud 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
Bearish drop for the Cable?The price 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 top our take profit.
Entry: 1.2371
Why we like it:
There is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.2489
Why we like it:
There is a pullback resistance that is slightly below the 78.6% Fibonacci retracement.
Take profit: 1.2239
Why we like it:
There is a pullback 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.
Could the price reverse from here?USD/CHF is currently reacting to the resistance level, which is a pullback resistance. A reversal from this level could indicate a double-top pattern, potentially leading to a price drop toward our take-profit target.
Entry: 0.9136
Why we like it:
There is a pullback resistance level.
Stop loss: 0.9173
Why we like it:
There is a resistance level at the 127.2% Fibonacci extension.
Take profit: 0.9058
Why we like it:
There is a pullback support level that lines up with the 61.8% 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.