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Forrexsignals

Potential bullish rise?NZD/JPY has reacted off the pivot and could rise to the 1st resistance. Pivot: 84.75 1st Support: 83.78 1st Resistance: 86.37 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
Xau/usd higher timeframe to lower timeframeXau/usd higher timeframe to lower timeframe - This idea is based on educational purposes Detailed analysis for higher time frame to lower time frame Market currently at 2639.72 and in higher time frame 2621 is a rejected point more then 6 times so when we move to lowest time frame things are more clearly and we see that market is moving in uptrend so we have to move and trade within trend if market move and touched 2642 to 2645.00 area we will entered in buy trade and our first target would be 2650.00 then 2660 onwards if market break the region which are selected and move downward we will take our first take profit at 2621.00 again it was crucial point but if it went again this point we will see the next move at 2605.00 Like and Comments on our Analysis
OANDA:XAUUSDLong
by professionaltradersfx
Could the price reverse from here?GBP/JPY is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support. Pivot: 193.43 1st Support: 191.15 1st Resistance: 194.64 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
GBPUSD | H4 | Trade Alert [Update]Initial position on GBPUSD taken out by a small margin as market headed up to touch our diagonal resistance which was created by our ascending channel which can be identified on our H1 & H4 timeframes within our overall larger structure which is currently in a consolidation(invalidating LTF QML formation). I’ll be entering a new sell position at 1.27518 with stops at 1.27924 (-41 pips) at final take profit at 1.25252 (+226 pips) giving us a 1 : 5.5 risk reward ratio. Should my orders not be triggered and price start trading above 1.28xxx I’ll be removing all pending orders while waiting for the market to give clear direction as we’re currently trading within a larger consolidation.
Short
by mosa_moshka
USD/CAD SHORT SMASHED !! TARGET 1 HITThanks for your feedback! Much appreciation Can we all agree That USD/CAD was a good MONSTER trade!! target 1 was smashed target 2 STILL RUNNING, MOVE YOUR STOP LOSS IN PROFIT AND BANK 70% OF THE PROFIT Hope you guys banked your profit!! and i will post an update about any potential SETUP later FOLLOW ME FOR ANY UPDATES . IF YOU HAVE ANY QUESTION COMMENT BELOW I WILL RESPOND TOP DOWN ANALYSIS WEEKLY TIMEFRAME It has been an exciting time! we have see quite a rally to the upside, creating "higher highs" and "high lows" .But recently we have seen price creating a high low perfectly on the golden fib level 61.8% but lacked momentum to push it more high to the required target level 1.4000. so price drop 3 times to retest the demand level and price seems to range in between 1.33500-- 1.3000.But still our bias is still on the upside on weekly DAILY TIMEFRAME if we look at market structure we see market respecting "lower high " at 1.34300 and ''lower low'' at 1.30150 which we can see price retracing at 78.6% to the golden supply level around 1.33500. PAY ATTENTION TO THE PSYCHOLOGICAL LEVEL( SUPPLY LEVEL ) we see a lot of sellers at the level and rejection .this giving us more confidence for a potential short H4 and H1 TIMEFRAME all you have to look at is break of structure and how it is formed and how volume is flowing at those key level, wait for a potential rejection or wicks on the psychological level 1.33500 and i highly suggest proper risk management. this is one factor that separates retail trader from institution traders Target 1-1.32000( SMASHED ) Target 2-1.31100 target 3-1.30500 Happy trading and thanks for your support
Short
by ShinForex1