Bullish bounce off 50% Fibonacci support?USD/JPY is falling towards the pivot and could bounce to the pullback resistance.
Pivot: 141.82
1st Support: 140.15
1st Resistance: 144.52
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.
USD (US Dollar)
Falling towards pullback support?The Kiwi (NZD/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 0.5887
1st Support: 0.5828
1st Resistance: 0.6019
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 - Understanding PriceIn this video I go through what has been happening with EURUSD in the past week, where price has reached, where it is likely going, what has happened yesterday and where we are possibly going to go to today. Pretty straight forward stuff using good ol' ICT concepts.
I hope you find this video insightful, because it's the truth of the markets.
Good luck and happy trading!
- R2F Trading
Haven play: Long yen back in focusAmid growing uncertainty surrounding U.S. equities and the US dollar, investors could be returning to a traditional defensive strategy: going long on the Japanese yen.
While some analysts believe the recent yen rally is not yet overstretched, the International Monetary Fund (IMF) has noted that Japan’s central bank is likely to push back the timing of further interest rate hikes, a factor that could limit the yen's potential to strengthen further. As such, we are looking at the support level of 140.00 and the bearish-yen sentiment seen today, and the potential resistance at 144.80.
Up next: a scheduled meeting between Japan’s Finance Minister Kato and U.S. Treasury Secretary Bessent later this week.
USD/JPY(20250424)Today's AnalysisMarket News:
The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024.
Technical analysis:
Today's buying and selling boundaries:
142.82
Support and resistance levels:
144.93
144.14
143.63
142.01
141.50
140.71
Trading strategy:
If the price breaks through 143.63, consider buying, the first target price is 144.14
If the price breaks through 142.82, consider selling, the first target price is 142.01
[USD\RUB] Enter email subjectHi Ivan, good day again.
I’ve had a look at your idea regarding the ruble. I'm afraid you still didn’t quite catch my sense of humor.
And unfortunately, you haven’t fully absorbed the program either.
But hey—you’re doing well! Your efforts show. And your ideas aren't the worst ones I’ve seen on LLC "Trading View". I can say that for sure. I've seen some crazy forecasts there.
You’ve already used a kind of Elliott approach and added RSI. I’m glad you picked that up quickly.
Now, back to the critique - there’s a lack of innovation, some fresh perspective, and generally, a bit more realism is needed.
I get that on TW everyone copies each other. But you need to develop new methods and theory, which means you need to form a clearer vision.
Ivan, drop by my office. I’ll help you, maybe we can brainstorm together.
I sketched a rough draft of an idea. I want to tell you about it-don’t get scared, just take a look at the attachment.
Subject: "Forming Long-Term Forecasts on Global Timeframes Using Transparent Overlay Method."
Check out the screenshots - you’ll see that by overlaying semi-transparent bars at the 1M level, we can estimate the chart’s behavior on 3M, 6M, and 12M timeframes.
It helps assess the realism of the forecast and the fluctuation levels within a given range.
Like, surely you understand that we’re unlikely to see seven consecutive red 3M candles at this stage. When building long-term forecasts, that sort of thing matters—even if no one seems to care.
Anyway, we’ll talk about it in person. Call me if anything.
Also—do you by any chance know how Oleg’s doing? I haven’t heard from him in a while. Has he at least figured out how to switch to 3M, 6M, and yearly candles yet?
Come together, both of you. I’ll go over everything again.
By the way, could you help me reinstall Outlook? For some reason all my settings vanished, the shortcut’s gone, and I can’t find any contacts. Or maybe bring over a tech person - maybe that’s why I’m not getting any emails.
Best regards,
Riva Trick
AUDUSD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.63600 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at trend at 0.63600 support and resistance area.
Trade safe, Joe.
Bearish reversal off pullback resistance?USD/CHF is rising towards the resistance level which is a pullback resistance that lines up with the 38.2% and the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.8364
Why we like it:
There is a pullback resistance level that lines up with the 38.2% and the 61.8% Fibonacci retracement.
Stop loss: 0.8511
Why we like it:
There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement.
Take profit: 0.8212
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.
Potential bullish rise?USD/CAD has reacted off the resistance level which is an overlap resistance and could rise from this level to our take profit.
Entry: 1.3844
Why we like it:
There is an overlap resistance level.
Stop loss: 1.3781
Why we like it:
There is a pullback support level.
Take profit: 1.4029
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.
Falling towards overlap support?GBP/USD is falling towards the support level which is an overlap support and could bounce from this level to our take profit.
Entry: 1.3203
Why we like it:
There is an overlap support level.
Stop loss: 1.3056
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracement.
Take profit: 1.3412
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.
Bullish bounce?EUR/USD is falling towards the support level which is a pullback support that is slightly below the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.1278
Why we like it:
There is a pullback support level that is slightly below the 38.2% Fibonacci retracement.
Stop loss: 1.1149
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 1.1428
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.
USDTRY: 6.8 | SHORT 5k Pips | LONG 38k Pipsbuilding a SHORT position for the SHAKEDOWN
and BASE BUILDING towards 10.0 levels
-
#LongShort
===
Fundamentals:
it takes 20years to settle debt or unfinished obligations by a company country and aliens...
til then.. its currency be it fiat land or spirit is devalued as form of compensation
in layman; a person heavily in debt lacks BARGAINING POWER over MAJOR folks
-
see Germany's recovery
Heading into Fibonacci confluence?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support which acts as and overlap support.
Pivot: 65.19
1st Support: 61.85
1st Resistance: 67.84
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?Ethereum (ETH/USD) is rising towards the pivot which is an overlap resistance and could reverse to the 1st support which is a pullback support.
Pivot: 1.851.36
1st Support: 1,683.61
1st Resistance: 1,945.78
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 bounce?USD/ZAR is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 18.42633
1st Support: 18.12402
1st Resistance: 18.77859
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.
USD/MXN Continues to Fall Below the 20 Pesos per Dollar LevelOver the past five trading sessions, the USD/MXN pair has declined by more than 2%, as the Mexican peso continues to gain ground against the U.S. dollar. This bullish trend in the peso is partly driven by the ongoing weakness in the U.S. dollar, as reflected in the DXY index, which has fallen to 99 points, its lowest level in the past year.
The dollar’s weakness stems from the growing political and economic uncertainty generated by the global trade war, triggering a broad wave of dollar selling as capital exits the U.S. If this trend continues, the Mexican peso could maintain its bullish momentum in the short term.
Lateral Range Breakout
Since November 2024, USD/MXN had been trading within a sideways range, with resistance at 20.94 pesos per dollar and support at 20.00. In recent sessions, bearish pressure broke through this support, and as selling momentum builds, this could mark the start of a more meaningful downtrend.
MACD
The MACD histogram remains below the neutral zero line, indicating strong bearish momentum based on recent moving average trends. If the histogram continues to show deeper negative values, selling pressure could intensify further in the short term.
RSI
Currently, lower lows in price and higher lows in the RSI suggest the presence of a bullish divergence—an imbalance in recent selling momentum. This could create an opportunity for short-term bullish corrections to emerge.
Key Levels to Watch:
20.33 pesos per dollar: A key resistance level, aligned with the 100-period moving average. A return to this area could reactivate the previous range.
20.00 pesos per dollar: Another important resistance, now acting as a potential retest zone after previously serving as support. This could be a target for short-term pullbacks.
19.33 pesos per dollar: A significant support level, aligned with the neutral zone from September 2024. A move toward this level could reinforce the consolidation of a consistent bearish trend in upcoming sessions.
Written by Julian Pineda, CFA – Market Analyst
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 141.600 zone, USDJPY is trading in downtrend and currently is in a correction phase in which it is approaching the trend at 141.600 support and resistance area.
Trade safe, Joe.
Bearish drop?XAU/USD is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 3,419.43
Why we like it:
There is a pullback resistance that lines up with the 38.2% Fibonacci retracement.
Stop loss: 3,458.51
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 3,355.45
Why we like it:
There is a pullback support level that is slightly below the 61.9% 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.
Potential bullish rise?USD/JPY is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 140.98
Why we like it:
There is a pullback support level.
Stop loss: 140.24
Why we like it:
There is a pullback support level that lines up with the 78.6% Fibonacci retracement.
Take profit: 142.41
Why we like it:
There is a pullback resistance level that lines up 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.
Bullish bounce off 50% Fibonacci support?USD/CHF is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.8114
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
Stop loss: 0.8067
Why we like it:
There is a pullback support level lines up with the 78.6% Fibonacci retracement.
Take profit: 0.8241
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.