Get started

USD

Buy Gold (Xau/Usd) Bullish ChannelThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent formation of well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 2511, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2537 2nd Support – 2551 Stop-Loss: To manage risk, place a stop-loss order below 2499. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDLong
by KABHI_FOREX_TRADING
13
USDTRY Approaching the top of the Channel Up.The USDTRY pair has been trading within a 6-month Channel Up and the price is now very close to the pattern's top (Higher Highs trend-line). Technically this is were a rejection should take place to reset the market at the pattern's bottom (Higher Lows trend-line), below the 1D MA50 (blue trend-line). Our Target is 33.4000, which is just above the 0.5 Fibonacci retracement level, where the last correction bottomed. ------------------------------------------------------------------------------- ** 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
Bullish momentum to extend?USO/USD is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 76.27 Why we like it: There is a pullback support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 74.64 Why we like it: There is a pullback support level that aligns with the 61.8% Fibonacci retracement. Take profit: 79.21 Why we like it: There is a pullback resistance level. 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.
VANTAGE:USOUSDLong
by VantageMarkets
Bearish drop?USD/JPY is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 146.03 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 149.15 Why we like it There is a pullback resistance level. Take profit: 142.17 Why we like it: There is a pullback support level. 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.
Short
by VantageMarkets
Bullish rise?USD/CHF has reacted off the support level which is a pullback support and could rise from this level to our take profit. Entry: 0.8441 Why we like it: There is a pullback support level. Stop loss: 0.8362 Why we like it: There is a support level at the 127.2% Fibonacci extension. Take profit: 0.8564 Why we like it: There is an overlap resistance level which lines up with the 38.2% Fibonacci retracement. 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.
Long
by VantageMarkets
Falling towards 38.2% Fibonacci support?Bitcoin (BTC/USD) is falling towards which acts as a pullback support and could bounce to the 1st resistance identified as a pullback resistance. Pivot: 61,717.33 1st Support: 58,759.07 1st Resistance: 65,375.39 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.
ICMARKETS:BTCUSDLong
by ICmarkets
2
XAUUSD - Gold 4HRSimple Trading - Triangle pattern Gold has broken from its bullish momentum and is now finding support in the triangle around 2505. Expect gold to continue to the previous low and make higher lows around 2490. If the Triangle pattern plays out correctly, the Price will break bullish above the recent highs and continue to the target. Keep in mind that 2 or more candles are already closed above the Triangle. This could either be a break and retest or could indicate more sell pressure. *These are just my thoughts, not financial advice.
CITYINDEX:XAUUSD
by nikdobii
EURUSD 26/8/24Coming into this week, we maintained a very clear bullish directional bias that we identified last week in our analysis. We do not expect this bias to change suddenly. You can see in our chart that we have a straightforward idea, which is a continuation of the trend from the similar trajectory we established last week. However, if the price sells off, giving us a significant pullback within the higher time frame range, it could change the outlook. If we take out the low marked on our chart, it will indicate a higher probability of a move toward lower prices, taking us down into the higher time frame area of demand. We’ve only marked one order block within our current range because it’s the only one available. Any other order blocks on the sell side will need to be created before we can consider them, which is why they are not included in this week’s analysis. Overall, our bias is long, and we’re looking for an interaction with either the established trajectory or the area of demand just below it. If we break down out of this range, we’ll look for lower prices, and our bias will shift to short-term bearish. However, our daily time frame still shows a clear bullish momentum, and we aim to follow this. Trade safely, stick to your risk management, and always follow your plan.
by rosshayes
EURUSD approaches mother of all Resistances from the 2008 crisisThe EURUSD pair broke through all major medium-term Resistance levels, with the latest being the 1W MA200, but is now facing perhaps the most important Resistance of all. That is the Lower Highs trend-line, that started during the height of the 2008 U.S. Housing Crisis on July 2008. As you can see on this 1M time-frame, this Resistance is technically the top of the 19-year Falling Wedge pattern, which encompasses different cycles of foreign exchange price action, such as the 1M MA200 (orange trend-line) turning from a multi-year Support to multi-year Resistance etc. The presence of the 1M MA100 (green trend-line) adds more selling pressure to the current Resistance cluster, which had the last major long-term rejection on July 2023 and before that on February 2018 (along with the 1M MA200 that time). Ideally, the sell signal will get strengthened if the 1M RSI gets rejected on its 15-year Resistance Zone. As a result, a rejection within the multi-year Falling Wedge, will most likely see EURUSD test the Symmetrical Support Zone (blue), which only broke once during the recent 2022 Inflation Crisis. If however the price closes a 1M candle above the Lower Highs of the Wedge, we will turn bullish long-term towards the 1M MA200, aiming at around 1.2000. ------------------------------------------------------------------------------- ** 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
1
Could Gold reverse from here?The price is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 2,530.36 Why we like it: There is a pullback resistance level Stop loss: 2,556.10 Why we like it: There is a resistance level at the 138.2% Fibonacci extension. Take profit: 2,477.82 Why we like it: There is an overlap support level. 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.
VANTAGE:XAUUSDShort
by VantageMarkets
Could the Aussie reverse from here?The price is currently reacting off the pivot which acts as a pullback resistance and could drop to the 1st support identified as an overlap support. Pivot: 0.6799 1st Support: 0.6753 1st Resistance: 0.6852 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
Bearish drop?USD/JPY has reacted off the pivot which is a pullback resistance and could drop to the pullback support. Pivot: 145.20 1st Support: 142.21 1st Resistance: 146.97 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
1
Bullish reversal?USD/CHF is falling towards the pivot, identified as pullback support, and could bounce to the 1st resistance which is a pullback resistance. Pivot: 0.8443 1st Support: 0.8380 1st Resistance: 0.8532 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