Major support zone?XTI/USD is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 65.64
1st Support: 60.10
1st Resistance: 71.18
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.
USD
Bullish continuation?The Cable (GBP/USD) is falling towards the pivot, which acts as a pullback support and could bounce to the 1st resistance.
Pivot: 1.3617
1st Support: 1.3442
1st Resistance: 1.3795
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.
Bullish bounce off pullback support?USD/JPY is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance.
Pivot: 142.53
1st Support: 140.78
1st Resistance: 146.72
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.
Bullish reversal for the Swissie?The price is falling towards the pivot, which aligns with the Fibonacci confluence and could reverse to the 1st resistance, which is an overlap resistance.
Pivot: 0.7942
1st Support: 0.7771
1st Resistance: 0.8163
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 price reverse from here?AUD/USD is reacting off the pivot, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could drop the 1st support.
Pivot: 0.6537
1st Support: 0.6359
1st Resistance: 0.6680
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.
Bearish continuation?The Loonie (USD/CAD) has rejected off the pivot and could drop to the 1st support.
Pivot: 1.3732
1st Support: 1.3431
1st Resistance: 1.3974
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.
Bullish rise?The Fiber (EUR/USD) has reacted off the pivot and could rise to the 1st resistance.
Pivot: 1.1578
1st Support: 1.1278
1st Resistance: 1.1909
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.
XAUUSD 4hour TF - June 29th, 2025XAUUSD 4hour Neutral Idea
Monthly - Bullish
Weekly - Bullish
Daily - Bullish
4hour - Bearish
Gold has been on the rally of a century for a while and isn’t showing too many signs of slowing down long term. For now we do have a couple opportunities I can bring to your attention.
4hour bearish continuation - For this to happen we would like to see price action come back to our pocket of confluence near the 3,320.000 level followed by bearish conviction. If this happens look to target lower toward major support levels like 3,225.500.
4hour trend reversal - If we are to see a reversal of the 4hour trend we would need to see price action pop back above the 3,320.000 resistance area. Look for strong bullish conviction above this level and target higher toward appropriate levels of resistance.
USDJPY Daily TF - June 29th, 2025USDJPY Daily Neutral Idea
Monthly - Bullish
Weekly - Bearish
Daily - Bearish
I’m looking at the Daily time frame here as this is the only clear picture for price action in terms of trends. The 4hour looks like price action can’t make a decision so we will wait for price action to get closer to some major zones.
Bearish Continuation - Ideally, we want to see price action touch 147.500 again followed by convincing bearish rejection. Look to target lower toward major support levels if this happens.
Aside from this potential setup we don’t have much to look at here on UJ.
EURUSD: Support & Resistance Analysis for Next Week 🇪🇺🇺🇸
Here is my latest structure analysis
and important supports & resistances for EURUSD for next week.
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 146.700 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 146.700 support and resistance area.
Trade safe, Joe.
Ethereum monthly cup and handleSoooo, this is my first post, and I'm not really too sure if I'm seeing this correctly, can somebody please explain to me why I'm wrong or if I'm right. Cuzzzzz this seems extremely bullish to me.
This is on the monthly timeframe, so this projection is for closer to November - February, IMO...
AM I SEEING THIS CORRECTLY, or is this my bullish personality shining through.
Dollar Bullish Correction To $103 - $105While we expected to see some Dollar upside in Q2, the economy was in such a bad state that the Dollar could not hold its value. Since the start of 2025 the Dollar is down 12% and this is only the beginning.
I believe we will see more downside in the future. But for the coming quarter there is a chance for the Dollar to get some breathing space & recover in the short term. Overall, the trend of the Dollar remains bearish, so what we want to keep an eye on is small pumps (short term recovery) into price zones which will allow us to short the Dollar back down.
I want to see a dip lower towards $96 - $94 before sellers lose bearish momentum. If this move takes place, then we can slowly see buyers step back into the market & start pushing back to the upside. Once price hits our ‘Supply Zone’ of $103 again, it’ll give us a more clear indication of what the Dollar will do next; whether that’s a longer term uptrend or a continuation to the downside.
HelenP. I Euro will drop to trend line, after movement upHi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see that EURUSD has been moving in a stable upward trend, supported by a clear ascending trend line. Each time the price approached this line, it rebounded and continued to grow, respecting the bullish structure. After the recent breakout from the support zone around 1.1500, the market made a strong impulse to the upside and reached a local high. Now, the momentum seems to be slowing down, which opens the possibility for a corrective movement. Given this setup, I expect that the price could first make a small upward push to trap late buyers, and then turn around to begin a decline. The trend line remains a critical technical level, and I anticipate the price will revisit it soon. For this reason, I’ve placed my goal at 1.1575 points — this area aligns with the trend line and can serve as the next support if a pullback occurs. As long as this level holds, the market remains in a bullish structure, but a correction seems likely before further growth. If you like my analytics you may support me with your like/comment.
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
HelenP. I Bitcoin can drop from resistance levelHi folks today I'm prepared for you Bitcoin analytics. If we examine the chart, we can see that the price has approached a significant resistance zone between 108200 and 108800. This area previously acted as a ceiling for the price, and now coincides with the retest of the broken trend line from above. After a strong bullish push from the support zone near 103000, the price is currently consolidating just below resistance, which often signals hesitation and potential reversal pressure. Earlier, we observed a period of consolidation around the support zone, followed by a breakout that broke above the trend line. However, the current structure suggests that the breakout may have been temporary. With multiple signs of slowing momentum and price failing to break convincingly through the resistance, a bearish move from this level becomes increasingly likely. Given the context, I expect BTCUSD to reject this resistance and move downward toward the 103000 support level again. That is my current goal, as I anticipate the price to complete a corrective wave in line with the overall structure. If you like my analytics you may support me with your like/comment ❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Soybeans Crashing Into Demand — Reversal Coming or Trap?1. COT REPORT — Updated June 17, 2025
📌 Non-Commercials (Speculators)
Long: +5,661 → 195,984
Short: -9,226 → 110,761
✅ Net Long Increase: A clear bullish shift in speculative positioning (+14,887 net contracts). This is an early indication of a sentiment reversal.
📌 Commercials (Hedgers / Producers)
Long: +6,023
Short: -5,806
➡️ The decrease in net shorts suggests improving confidence among institutional players.
📌 Total Open Interest: 846,169 (down by 12,776)
❗ This slight drop may be linked to position rotation or partial profit-taking.
2. NET POSITIONS CHART INSIGHT
Commercial traders remain structurally net short, but their exposure has been gradually declining since March.
Non-commercial traders have increased their net long positions since April, aligned with the price's technical recovery.
The current price is trading near the historical mean, indicating neutral conditions with potential room for further upside.
🕰️ 3. SEASONALITY OUTLOOK
The June–July period has historically been bearish:
June Average Performance:
Last 5 years: -39.61
Last 2 years: -38.71
July Average Performance:
Last 20 years: -44.82
Last 2 years: -34.73
📉 August and September typically continue this seasonal downtrend.
🟨 Caution is advised on initiating long positions during this phase.
📊 4. TECHNICAL OUTLOOK —
Current Structure:
Rising channel has broken to the downside with a strong bearish impulse candle.
RSI is neutral but previously showed bearish divergence.
Key Support Zones:
1035–1025: Intermediate support area already tested.
1012–994: Golden Pocket aligned with a demand block — likely target zone with high potential for reaction.
Possible Scenarios:
🔴 Bearish Continuation: A retracement followed by a move down into the 994–1000 range, where a tactical long setup may emerge.
🔵 Bull Trap and Reversal: A rapid recovery above 1050, potentially triggering a continuation to 1080 (range top).
5. EXECUTION SUMMARY
Primary Bias: Bearish in the short term
🎯 Target Zone: 994–1000
🛑 Invalidation Level: Weekly close above 1055
Tactical Long Setup: Monitor price action at 994–1000 for bullish reaction.
Macro context and speculative positioning suggest a structural bottom may develop in Q3 2025, but current conditions are not yet favorable for a full swing position.
GOLD - SHORT TO $2,800 (UPDATE)Our original sell bias from $3,347 which I posted live for you all, is now running in deep profits! Market is now down & running 810 PIPS in profit in just 2 days.
We have broken structure to the downside, crossing below our previous 'Wave E' low, indicating & acting as stronger confluence that Gold will carry on down towards our $2,800 target. Huge profits en-route for us all in this free channel.
USDCAD Strongest long-term Sell in the market right now.At the beginning of the year (January 15, see chart below), we made an unpopular bearish call at the time, hinting that the USDCAD pair was approaching its Resistance Zone, hence a multi-year Top was in order:
As you can see, the moment the price hit that Resistance Zone, it got instantly rejected and a new Bearish Leg started, which has extended up to this day. This time we view this on the 1M time-frame where the Support levels are more clearly illustrated.
More particularly, the 1M MA50 (blue trend-line) poses as the first one, in fact it has been holding since September 2022. Our Target is still located at 1.26000, which is marginally above the 0236 Fibonacci level, which has been the 1st Target during both previous Bearish Legs. Also it is where the 1M MA200 (orange trend-line) is headed to, and there are high chances of a long-term bounce there.
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Gold Holds Above $3340 as Dollar Drops and Fed Uncertainty Rises GOLD OVERVIEW
Gold Holds Gains as Dollar Weakens and Fed Uncertainty Grows
Gold climbed above $3,340 per ounce on Thursday, supported by a sharp decline in the U.S. dollar amid growing dovish expectations from the Federal Reserve.
Adding to market speculation, U.S. President Donald Trump hinted he may announce a new Fed Chair as early as September or October, potentially reducing Jerome Powell’s influence before his term ends in June and boosting expectations for a more accommodative policy stance.
TECHNICAL OUTLOOK – XAU/USD
Gold shows bearish potential if the price can stabilize below the pivot level at 3,341.
However, while trading above 3,341, a short-term correction toward 3,364–3,365 is likely before any renewed selling pressure.
Today’s U.S. GDP release may add further volatility and direction to the market.
Key Levels
Pivot Line: 3,341
Resistance: 3,364 → 3,373
Support: 3,320 → 3,302
previous idea:
GOLD - SELL TO $3,288 (1H VIEW)Still looking for a move lower into the $2,787 - $3,276 zone, to take out the June low, like I mentioned to you all a few days ago.
Tomorrow is Friday so be careful as price action could be choppy & use strict risk management.
⭕️Imbalance Left Below $3,300 Psychological Number.
⭕️Either Wave 2 or Wave C Not Complete of Major Impulse Move Down.
⭕️Sellers Holding Below Resistance Zone.
TP: $3,288