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Bullish bounce off pullback support?GBP/JPY is falling towards the pivot and could bounce to the 1st resistance. Pivot: 194.75 1st Support: 193,51 1st Resistance: 197.49 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
1
USDJPY Analysis Today: Technical and Order Flow !In this video I will be sharing my USDJPY analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
by Transparent_Fx_Academy
Master the Market with These 5 Wave Trading RulesHello, In any business, rules are the backbone of success, providing the structure and discipline needed to thrive. Trading and investing are no exceptions—they must be treated with the same seriousness and rigor as any entrepreneurial venture. As a wave trader, I rely on a refined set of rules that blend technical analysis with Wave Theory to understand market behavior. Wave trading is a powerful strategy that analyzes price patterns to uncover the cyclical nature of market trends, enabling traders to predict future movements and seize profitable opportunities. Understanding Wave Trading Markets don’t move randomly—they ebb and flow in predictable waves. According to Elliott Wave Theory (a type of wave theory), trends unfold in a series of five waves (known as impulses) followed by three waves (corrections). Mastering this rhythm allows you to anticipate where the market is headed next, giving you a strategic edge. Our Trading Rules Here’s a breakdown of the essential rules I follow as a wave trader, designed to guide you through the process with clarity and precision: Identify Impulse & Correction Impulse: A robust, directional price surge made up of five sub-waves, signaling the dominant trend. Correction: A smaller, counter-trend move consisting of three sub-waves, acting as a pause or pullback. Recognizing these phases reveals the market’s underlying structure. For example, spotting a five-wave impulse upward suggests a bullish trend, while a three-wave correction might signal a temporary dip—perfect for planning your next move. Identify the Pattern Formations Look for patterns that can help you anticipate the next moves e.g. the expanding triangle, Bullish flag or even reversal patterns. Identify Entry Points Timing is everything. Pinpoint the perfect moment to enter a trade based on your wave and pattern analysis. Wait for confirmations like a breakout above a flag pattern or a signal from indicators such as moving averages or MACD that align with your wave count. Look for Targets Set clear profit targets to stay disciplined and secure gains. Wave projections, like the expected end of wave 5 in an impulse. Look for Exits in Case the Trade Doesn’t Go Your Way Not every trade is a winner, and that’s okay. Protect your capital with stop-losses placed at logical levels. Where to set them: Choose points that invalidate your analysis—like below a key support level or a wave pattern’s critical threshold. If the market breaks that level, your trade idea’s likely wrong, so exit calmly. This removes emotion from the equation, safeguarding your account for the long haul. The Power of Discipline These rules aren’t just guidelines—they’re your shield against the emotional rollercoaster of trading. Write them down, pin them up, or keep them handy on your trading desk. Reviewing them before every trade reinforces your commitment to a systematic, objective approach. Discipline turns good strategies into great results. Wishing you success on your trading journey! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Education
by thesharkke
GBP/AUD Price Action Update📊 GBP/AUD Price Action Update 🎯 🔹 Current Price: 2.05941 🔹 Timeframe: 15M 📌 Key Support Levels (Demand Zones): 🟢 2.05795 – First Support 🟢 2.05327 – Second Support 🟢 2.04939 – Third Support 🟢 2.04012 – Fourth Support 📈 Bullish Scenario: If price holds above 2.05795, we might see a push towards 2.06663 and beyond. A breakout above this level could confirm a strong bullish continuation. 📉 Bearish Scenario: If price breaks below 2.05795, the next supports at 2.05327 and 2.04939 will be key reaction zones. A break below 2.04012 could signal a deeper retracement. ⚡ Trading Tip: Look for confirmations before entering buy/sell trades. Watch for bullish rejection at demand zones for long positions. Sell near resistance with bearish confirmation. #GBPAUD #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoney #ForexSignals
Long
by FXFOREVER_87
3
EUR/USD: Ready for another Fall? (READ THE CAPTION)By examining the EUR/USD chart on the 3-day timeframe, we can see that the price has moved exactly as expected since our last analysis. After reaching the supply zone between 1.083 and 1.093, the pair began a correction and is currently trading around 1.079. Keep in mind, only if the price stabilizes below the 1.080 level can we expect further downside from this pair. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
7
Lingrid | GBPCAD anticipating REBOUND from KEY Resistance ZoneFX:GBPCAD market bounced off the support level and is moving toward the key level of 1.8500. Overall, the price is creating lower lows and lower closes on the 1H timeframe showing bearish trend. I think that if the price forms a false breakout above the previous day's high and the psychological level at 1.8500, there is a good chance the market will continue lower. Additionally, the channel border and upward trendline create a solid confluence zone for shorting the market if a signal presents itself. I expect the price to keep pushing lower unless it breaks above the channel. My goal is to support zone around 1.83810 Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
Short
by Lingrid
4
We’re bullish on AUDUSDTechnical Analysis AUDUSD lies below 50 - period SMA (0.6324, declining) and 100 - day SMA (0.6512, falling), indicating a downward trend yet short - term upside potential. January 2025 RSI bullish divergence shows weakening downward momentum. Break above 0.6340 could push it to 0.6400; otherwise, it may range 0.6131 - 0.6302. Economic Fundamentals Australia: Its economic growth, inflation and export prices affect the Aussie. Growth aids appreciation; inflation undermines it. Higher resource prices boost the currency. US: Strong US data strengthens the dollar, weakening AUD/USD; weak data has the opposite effect. Market & Geopolitical Factors High risk appetite benefits the Aussie; low appetite favors the dollar. Geopolitical tensions prompt a flight to the dollar, hurting the Aussie. 💎💎💎 AUDUSD 💎💎💎 🎁 Buy@0.62500 - 0.62800 🎁 TP 0.63500 - 0.64000 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
Long
by BenGray9
2
EUR/USD 200-DMA BounceEUR/USD is looking to break a streak of six consecutive down days after running into Fibonacci resistance at 1.0943. That pullback spanned more than 200 pips at its peak, with support finally showing up yesterday in the 1.0730-1.0750 zone previously highlighted. The question now is which trend will take over - as the prior bullish trend had quickly went overbought with RSI divergence showing into last Wednesday's FOMC meeting. For today, the 1.0800 level has capped bulls' advance and the next levels up are prior price swings at 1.0823 and 1.0861, followed by a Fibonacci extension at 1.0909 and then the longer-term Fibonacci level at 1.0943. - js
by FOREXcom
Bullish momentum to extend?GBP/JPY is falling towards the support level which is a pullback support and could bounce from this level to our take profit. Entry: 193.69 Why we like it: There is a pullback support level. Stop loss: 193.46 Why we like it: There is an overlap support level. Take profit: 197.49 Why we like it: There is a pullback resistance that lines up with the 61.8% Fibonacci projection. 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.
Long
by VantageMarkets
GBPUSD 4H SHORTAt the moment, GBPUSDT the asset is being marked down. There was a price reaction to the POI range from which a reaction was received instantly. I missed this moment due to personal matters, although there was a reminder. I understand that the risk of not opening, or the receipt of new variables from the market, can break the trend, but I will try to open a short from the designated mark 1.29686$ Targets $1.28609 $1.28030 $1.27534 $1.26722 Risk for stop order -1%
Short
by PHONKTRADER
Bullish bounce?EUR/GBP is reacting off the pivot and could bounce to the 1st resistance. Pivot: 0.8337 1st Support: 0.8310 1st Resistance: 0.8377 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
Bearish drop?GBP/CAD is reacting off the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.8582 Why we like it: There is a pullback resistance level that lines up with the 50% Fibonacci retracement. Stop loss: 1.8736 Why we like it: There is a pullback resistance level. Take profit: 1.8397 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.
Short
by VantageMarkets
USDJPY Will Go Lower! Short! Take a look at our analysis for USDJPY. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 150.395. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 149.580 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBP/USD The 1.3000 GrindGBP/USD could be a compelling pair for those looking for USD-weakness. While EUR/USD has strung together six consecutive down days and USD/JPY continues to surge-higher even with USD-weakness showing in DXY, GBP/USD has held up fairly well, all factors considered. Also of interest is the big figures at play, with the 1.3000 level back in the equation on GBP/USD. That price has been tested a few times already and buyers came about 10 pips away from another test there earlier today. Meanwhile EUR/USD has held below 1.1000 so if we do see USD-weakness after Core PCE tomorrow, there could be a case for stalling about 50 pips above prior resistance. GBP/USD, on the other hand, has already taken a few shots at 1.3000, so if we see the Dollar slip that could open the door for a GBP/USD breakout to another fresh 2025 high. - js
by FOREXcom
Bearish reversal off pulback resistance?EUR/CAD is rising towards the resistance level which is a pullback resistance that line sup with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.5548 Why we like it: There is a pullback resistance level that line sup with the 38.2% Fibonacci retracement. Stop loss: 1.5695 Why we like it: There is a pullback resistance level that line sup with the 71% Fibonacci retracement. Take profit: 1.5340 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.
Short
by VantageMarkets