CAD_CHF STRONG SUPPORT|LONG|
✅CAD_CHF has been falling recently
And the pair seems locally oversold
So as the pair is approaching a
Horizontal support of 0.5790
Price growth is to be expected
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Forex
AUDJPY Ready To "Drop A Shoulder"? Multi-Timeframe May Help!OANDA:AUDJPY is beginning to form a very convincingly strong Reversal Pattern, the Head & Shoulders!
Starting with the Daily Chart we can see that Price is Forming a Doji Candle just after trying to Breakout of a Major Resistance Zone created from the Highs of March 18th and if Price is unable to close above this level, this strengthens the Bearish and Reversal Bias.
Now the 4 Hr Chart shows both the "First Shoulder" or Previous Higher High that was surpassed by the "Head" which is the New Higher High, has formed quite quickly with a slightly Ascending "Neckline" or Support Line where Bulls were able to make their Last Stand.
With a Reversal Pattern, you want to see a Change in Trend, in this case, would be a Lower High then that of the Higher High or "Head" @ 96.204.
*If Bulls are able to Push Price above the "Left Shoulder" or Previous Higher High @ 95.952, this will Invalidate the Head & Shoulders Set-up!
**If Bulls are unable to Break Above 95.952 and Price is pushed back down to the Confirmation or "Neckline" for a 3rd time, this Confirms the Head & Shoulders Set-up!!
Based on the Distance between the Head and Neckline, we can project a potential drop down to the next Support Level as a Price Target @ 95.00 once:
1) Pattern is Confirmed
2) Breakout is Validated
GBP_AUD BEARISH FLAG|SHORT|
✅GBP_AUD is going down now
And the pair has formed
A bearish flag pattern
Which makes me bearish biased
And after the breakout
I believe we will see bearish continuation
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Bearish drop for the Cable?The price is rising towards the pivot and could drop to the 1st support which is a pullback support.
Pivot: 1.3632
1st Support: 1.3503
1st Resistance: 1.3693
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.
EUR-NZD Strong Uptrend! Buy!
Hello,Traders!
EUR-NZD is trading in a
Strong uptrend along the
Rising support so we are
Bullish biased and we will
Be expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Bullish bounce off major support?US Dollar Index (DXY) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance.
Pivot: 97.14
1st Support: 96.74
1st Resistance: 98.08
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 Aussie reverse from here?The price is rising towards the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.6650
Why we like it:
There is a pullback resistance that lines up with the 61.8% Fibonacci retracement.
Stop loss: 0.6588
Why we like it:
There is a pullback resistance.
Take profit: 0.6481
Why we like it:
There is a pullback support.
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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.
EUR_CHF SUPPORT AHEAD|LONG|
✅EUR_CHF is going down now
But a strong support level is ahead at 0.9293
Thus I am expecting a rebound
And a move up towards the target of 0.9320
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Bearish reversal off 78.6% Fibonacci resistance?USD/JPY has rejected off the resistance level that is slightly below the 78.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 146.60
Why we like it:
There is a resistance level that is slightly below the 78.6% Fibonacci retracement.
Stop loss: 147.95
Why we like it:
There is a pullback resistance level.
Take profit: 145.21
Why we like it:
There is a pullback support that is slightly below the 38.2% 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.
USD-CHF Bearish Flag! Sell!
Hello,Traders!
USD-CHF is trading in a
Downtrend and the pair broke
Out of the bearish flag so
We are bearish biased
And we will be expecting
A further bearish move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Bearish drop off pullback resistance?USD/CHF is reacting off the resistance level which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.7959
Why we like it:
There is a pullback resistance level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.7986
Why we like it:
There is a pullback resistance that is slightly above the 78.6% Fibonacci retracement.
Take profit: 0.7900
Why we like it:
There is a pullback support.
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.
Bearish reversal?USD/CAD is reacting off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 1.3695
Why we like it:
There is a pullback resistance.
Stop loss: 1.3734
Why we like it:
There is a pullback resistance level that aligns with the 78.6% Fibonacci projection.
Take profit: 1.3639
Why we like it:
There is a pullback support that is slightly above 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.
USD/CAD carving out a bottom?The USD/CAD is poking its head above a bearish trend line that has been in place since mid-May, in one of the first signs that suggests we may have seen a low in the Loonie. As well as the trend line, the 21-day exponential is also now below price, further suggesting that the tide is turning.
Key levels
Support levels off this daily chart are seen around 1.3695 then 1.3617
Resistance seen around 1.3750 next, followed by the next round handles like 1.38, 1.39 etc.
By Fawad Razaqzada, market analyst with FOREX.com
GBPNZD Set To Fall! SELL!
My dear subscribers,
This is my opinion on the GBPNZD next move:
The instrument tests an important psychological level 2.2694
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.2568
My Stop Loss - 2.2759
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
USDJPY What Next? SELL!
My dear followers,
I analysed this chart on USDJPY and concluded the following:
The market is trading on 146.88 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 145.35
Safe Stop Loss - 147.68
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURUSD On The Rise! BUY!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.1709 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1729
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Cronos Holds Key Trendline – Will Resistance Crack Next?CRO is bouncing off its rising support line again.
The price has respected this trendline multiple times, showing steady accumulation. It’s also sitting just below a key resistance zone, if it breaks above that, we could see momentum kick in.
For now, the structure looks healthy as long as the support holds.
DYOR, NFA
AUDJPY: Short Trade with Entry/SL/TP
AUDJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell AUDJPY
Entry - 95.749
Stop - 96.149
Take - 94.847
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDCAD: Bearish Continuation & Short Signal
USDCAD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short USDCAD
Entry Point - 1.3688
Stop Loss - 1.3717
Take Profit - 1.3634
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
EURCHF The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for EURCHF below:
The instrument tests an important psychological level 0.9312
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.9349
Recommended Stop Loss - 0.9293
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Confirming EURUSD corrective downtrend✏️EURUSD is trading in a downtrend channel. SELL signal is triggered at the current price around 1.172 as the H4 candle failed to break 1.176 and confirmed the Sellers' entry into the market clearly. Target for the downtrend is at 1.145, the Sellers' strength needs to overcome the Break out zone of 1.163 first.
📈 Key level
Support 1.163-1.146
Resistance 1.176
SELL DCA Trigger: Break 1.163
BUY Trigger: The price trades about 1.163.