USDJPY Short Areas Post BOJ / FEDUSD strength after lesser cut bets via the FED and some caution hints from the BOJ on hikes has caused further rallies. Key short zones approach pre intervention levels. Short bias taken.Shortby WillSebastian8
NZDJPYThe potential BUY scenario for the pair The pair is under observation as it approaches the designated BUY zone on the chart.Longby charaf_eltrader5
EURUSD | 19.12.2024BUY 1.03900 | STOP 1.03400 | TAKE 1.04500 | Long positions can be opened after a confident breakdown of the level of 1.04500.Longby ProPhiTradeUpdated 1
Short trade 1Hr TF Entry Mon 16th June 24 9.30 am LND to Tokyo Session AM RR 2.83 Entry 0.63567 Profit level 0.62712 (0.48%) Stop level 0.63869 (1.35%) Sell-side Reason: Chasing buyside liquidity with directional bias mitigated on the 4Hr TF. Shortby davidjulien369Updated 221
IDEA EURUSD SHORT POSITION HI TRADERS Pair : EURUSD Position : SHORT ( SELL) Entry Price : 104.150 STOP LOSS @ 104.400 TP 1 @103.900 TP 2 @103.650 TP 3 @103.400( Trailing SL ) Shortby hamidTrader212
USDCHFA very good buy opportunity because the price is currently in buying zones.Longby charaf_eltrader3
gbpcad finaly moving down. after 4 peaks testing the upside, we are nor seeing the drop. nice low hanging fruit. Shortby LexSantamaria112
EURCAD MARKET ANAYLIS AND PRICE PREDICTIONEURCAD, has finished consolidating at the Institutional Renegotiation zone at FVG, price has broken the Renegotiation Block , and Retested It, which confirms a Bearish Order. The Target Is the renegotiation support to mitigate an unmitigated order block and seep of the sell side liquidity. Entry Is now. Entry, Stop Loss, and take Profit are clearly marked out on the chat. GOOD LUCK GUYS!Shortby Akpambang2
GBPJPY Will Go Up From Support! Long! Please, check our technical outlook for GBPJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 194.719. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 196.745 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 113
BEARISH GBPJPYThe GBP/JPY pair is currently exhibiting a bearish outlook as sellers seem to gain momentum, capitalizing on recent market dynamics. Here's a comprehensive breakdown of the pair's bearish sentiment based on current trading conditions. 1. Technical Analysis Trend & Price Action The pair has been trading within a descending channel, signaling a continuation of bearish momentum. Recent price action shows multiple failed attempts to break above key resistance zones, reinforcing the dominance of sellers. GBP/JPY is currently flirting with key support levels, and a decisive break below could trigger further downside. 2. Fundamental Drivers Pound Weakness: Recent UK economic data has been underwhelming, including weak growth figures and declining retail sales. This has weighed heavily on the pound, reducing its appeal. The Bank of England’s dovish tone regarding future rate hikes amid signs of an economic slowdown adds further bearish pressure on GBP. Yen Strength: While the Bank of Japan (BoJ) remains accommodative, recent interventions and speculation of further action to strengthen the yen have bolstered the currency. Geopolitical uncertainties and global risk-off sentiment have increased demand for the yen as a safe-haven asset.Shortby AndyFrenzy3
DOUBLE BOTTOM BREAKOUT On M30 timeframe indicates a double bottom is currently forming from a bullish momentum after the price had deeply plummeted so the breakout confirms the Buy signal Shortby Wireforex111
got smoked -1R buying USDJPY I got in this trade because I got in other trades that bought JPYShortby Linkhive0011
EURAUDEURAUD is making a divergence on top. whereas we can also see a resistance zone on daily timeframe. hence, considering it to make a move lower. Shortby TRADETITANWAQAS112
Could the price bounce from here?GBP/CAD is falling towards the pivot which is a pullback support and could bounce to the 1st resistance. Pivot: 1.8103 1st Support: 1.7949 1st Resistance: 1.8325 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.Longby ICmarkets6
Heading into pullback resistance?The Fiber (EUR/USD) is rising towards the pivot which is a pullback resistance and could drop to the 1st support which has been identified as a pullback support level. Pivot: 1.0451 1st Support: 1.0333 1st Resistance: 1.0533 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.Shortby ICmarkets6
2.5R on GBPUSDHello unfortunately I could not record this trade We had 3 touches on the trendline which spiked my interest for a traditional trendline breakout strategy. Then another retest with another trend. This trade was largely influenced by NEWS by Linkhive0011
GBPJPY // minor long expansionThe market is in a H4/H1 countertrend within the daily minor long trend. I'm waiting for a break of this countertrend and target the H4 breakdown zone (aqua) and the clean daily breakdown (green) - that is happen to be the border of the primary long trend's expansion phase. The idea is valid until the daily impulse base is broken. The H4/H1 countertrend is valid, so it may go further south, testing the daily breakout (blue). ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼♂️ Your comments and support are appreciated! 👊🏼 Longby TheMarketFlowUpdated 227
CADCHF Elliott Wave AnalysisHello friends In the CADCHF currency pair, we expect the price to grow, but why? In this currency pair, we are witnessing the formation of 2 5-wave patterns and 2 zigzag patterns, which can be called 1 or A and 2 or B and 3 or C. In my opinion, considering the price drop and the formation of these patterns, it is evidence of a price reversal. Therefore, I expect the formation of wave 5. I also consider the stop loss at 0.62100. If our theory is correct, we expect the price to grow to the level of 100% and then 161.8% Fibonacci. To support me, I recommend installing the Trading View application on your phone and see my analyses and support me with your comments and Boost. Be successful and profitable.Longby M_Gheysvandi7
THEFOREXADVENTURES | GBP/JPY 4-HOUR BULLISH OUTLOOKThe GBP/JPY pair is currently trading in upward channel, indicating a potential bullish trend if the Upward Channel break then wait for bearish trend. KEY OBSERVATIONS: Upward Channel: The price is currently trading in upward channel at channel support area 194.00 level, confirming the bullish bias. Supply Zone: This level represents a significant area of resistance, and a break above it could trigger further upside movement. Ascending Channel: The pair is forming an ascending channel, suggesting a continuation of the bullish trend. (1ST) POTENTIAL TRADE SETUP: Long Position: Consider entering a long position at the Upward Channel Support 194.00 level, aiming for a target near the upper channel boundary near at supply zone. Stop-Loss: A stop-loss order can be placed below the recent swing low192.500. (2ND) POTENTIAL TRADE SETUP: Short Position: Consider entering a short Position at retest level if the market break below this upward channel aiming target near at order block Stop-Loss: A stop-loss order can be placed Above 100 pips from entry. RISK MANAGEMENT: Always use a stop-loss order to limit potential losses. Consider position sizing techniques to manage risk effectively. REMEMBER: Trading involves risks. Never invest more than you can afford to lose. HAPPY TRADING!Longby TheForexAdventuresUpdated 3
BARTMAN SAYS DOWN: Euro to sub-parityAll hail lord BARTMAN! He has clearly decided the hairstyle is now perfect, with prices set to fall fall fall. Expect some news stories about typical random emergencies in the market to justify the price action. Truth is, ever since we touched down the last time to parity, we always knew we would bounce and be coming right back…. Shortby BFO20252
USDCAD Targets, Fall Lower On Further Profit Takes?Initial Dollar strength has waned post FED boost yesterday. Lesser cut bets mean more feeding into USD. BOC seemingly happy to ease, causing persistent weakness. I would use the first exit target (south) for shorts. Sentiment case longer term still remains heavy USD.by WillSebastian2
USDCHF - BullishUSDCHF is in bullish trend in 1HR timeframe. Currently it is testing the Fib 0.618 level. Buy at current levels with SL below previous low.Longby mohduzair9111
It was 86pips profit tradeAll conditions were met and trade triggered and target was met Shortby NnadozFX1