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Bearish reversal off overlap resistance?The US Dollar Index (DXY) is rising towards the pivot and could reverse to the 1st support. Pivot: 100.23 1st Support: 99.29 1st Resistance: 101.09 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.
TVC:DXYShort
by ICmarkets
GBPJPY – Losing control zone, downtrend taking shapeGBPJPY is still trading within a long-term ascending price channel. However, what’s concerning is that recent price action has broken out of the previously established price box – which had acted as a stabilizing structure for the uptrend. Buyers failed to maintain momentum, repeatedly getting rejected at the top of the box. Currently, GBPJPY is showing signs of breaking below the short-term support inside the price box, raising the risk of a deeper correction toward the lower boundary of the channel. A “lower high” structure is clearly forming, confirming that selling pressure is taking over. From a news perspective, the Japanese yen is gaining strength as risk-off sentiment increases, while the pound is losing ground due to cautious tones from the Bank of England following a string of weak economic data. This shift is weakening GBP's appeal and could accelerate the bearish trend. Strategy: Wait to SELL if price pulls back to the former resistance zone within the price box and shows rejection signals. The downtrend will be confirmed if the recent low is broken. Stay out if there’s no clear confirmation. What do you think will happen next with GBPJPY?
Short
by Rocky_trade_
EURUSD plunges without brakes – The bears take full control!EURUSD continues its steep decline as both macroeconomic and technical pressures mount. A trade deal unfavorable to the EU, combined with the Fed’s hawkish stance, has fueled USD strength and dragged the euro sharply lower. At the same time, strong U.S. labor data and rising employment costs further reinforce the bearish outlook. On the H1 chart, EURUSD is clearly moving within a descending channel. Key price zones have been broken with no significant bullish reaction, indicating that sellers remain firmly in control. The market is heading toward a psychological support area, with no signs of reversal as RSI stays weak. I remain biased toward SELL setups on any short-term pullbacks, avoiding countertrend trades in this environment. If downside momentum continues, deeper targets may still be ahead. In a market dominated by bearish sentiment, trading with the trend remains the smartest and safest approach.
Short
by Rocky_trade_
USDJPY breaks out as US data crushes forecastsHello traders! Do you think USDJPY will continue its upward momentum? From a technical perspective, after several sessions of "building pressure," this pair has finally broken through a key resistance zone—opening the door to what could be the next bullish breakout. Current price action suggests the uptrend remains firmly intact. The market continues to respect the rising trendline and finds strong support near the 34 & 89 EMA – a powerful technical combination that buyers often rely on. This isn’t just a typical breakout; it could be the start of a brand-new bullish cycle. On the fundamental side, the U.S. dollar remains strong, supported by a string of solid economic data: employment, PCE, and consumer spending have all exceeded expectations. Meanwhile, the Japanese yen remains in “hibernation” as the Bank of Japan shows no sign of shifting away from its ultra-loose monetary policy. This divergence makes USDJPY one of the hottest pairs on the radar right now. What’s next? If bullish momentum continues, the 151.25 level is likely the next short-term target. However, if the price encounters strong resistance at that level, a minor pullback could occur before the uptrend resumes. So, what do you think? Is this the beginning of a major rally – or just a false breakout? Share your thoughts in the comments! Wishing you successful and well-timed trades ahead!
Long
by Alexx_Bui
2
Potential bearish drop?Dow Jones (DJ30) has reacted off the resistance level which is an overlap resitance and could drop from this levle ot our takeprofit. Entry: 44,643.47 Why we like it: There is an overlap resistance levle. Stop loss: 45,133.50 Why we like it: There is a swing high resistance. Take profit: 43,954.50 Why we like it: There is a multi swing low 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.
VANTAGE:DJ30Short
by VantageMarkets
TONUSDT Forming Falling WedgeTONUSDT is forming a classic falling wedge pattern, which is widely recognized in technical analysis as a bullish reversal signal. After a period of consistent downward price compression, the narrowing structure on the chart signals that selling pressure may be weakening. This setup often precedes a significant bullish breakout, especially when accompanied by growing interest and steady volume—as is currently being seen in TON’s market behavior. The fundamentals behind TON (The Open Network) are also strengthening, with increasing adoption across the Web3 ecosystem and a growing number of partnerships tied to Telegram's user base. The synergy between Telegram and the TON blockchain has created an environment where real-world utility is beginning to align with on-chain momentum. This alignment often catalyzes strong upward price moves, making TONUSDT one of the more promising altcoin setups in the current market landscape. The expected gain of 140% to 150% from current levels is not just speculative—it aligns well with the technical breakout projection based on the wedge’s height and the last key swing high. If TON can maintain support above the lower boundary of the wedge while volume continues to increase, the likelihood of a breakout followed by a strong upward rally becomes much higher. Historical breakout moves from similar wedge patterns often show explosive growth in relatively short timeframes. TONUSDT is a high-potential chart right now and should be closely monitored by traders and investors looking for large-cap altcoin opportunities with bullish technical setups. This could be the start of a major trend shift for TON, especially as broader crypto sentiment begins to tilt bullish again. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
1
USD/JPY BreakoutUSD/JPY has had a big week already and the pair has shown a decisive breakout through a massive spot of resistance on the chart. Coming into the week the 148.00 zone had been problematic for bulls in the pair since early-Q2 trade. But with the combined force of FOMC and the Bank of Japan, bulls have finally been able to prod a breakout and leave that zone behind. And the move has continued to press, with a breach of the 150.00 psychological level and price is now approaching the Fibonacci level at 150.77. Chasing is a challenge at this point but given that prior resistance there's now multiple spots to track for support potential on pullbacks. The 150.00 level is an obvious one, but there's also the 200-day moving average which currently plots around 149.55 and there's the prior high of 149.19. Even the Fibonacci level at 148.13 could be of interest for that in prolonged pullback scenarios, given how it had played as support on Wednesday ahead of the FOMC announcement. The key for that level would be prices holding a higher-low, illustrating a degree of bullish defense at that price. - js
by FOREXcom
EUR/USD Rising Wedge Break Now Oversold on H4Markets have moved quickly this week and it's been a very bearish outlay for EUR/USD since last Thursday's ECB rate decision. The pair set a lower-high around that announcement and then the day after saw bears make another push, with a key hold at a Fibonacci level plotted at 1.1748. I've been highlighting that level since before the Q3 open and so far, that's the spot that bulls have failed to leave behind. The quandary now is just how quickly this move has come on. The USD is working on its strongest month since April of 2022 and that prior instance was driven by the Fed starting a rate hike cycle, which clearly isn't happening here. Also complicating the matter is the fact that RSI on the four-hour chart has already pushed into oversold territory, making the prospect of chasing-lower a daunting item. We've already seen an instance of prior support coming in as resistance with the hold of the daily high at 1.1457. With NFP tomorrow, perhaps the more attractive scenario would be a larger pullback which could then highlight resistance potential at either 1.1500 or 1.1560. - js
by FOREXcom
NZDJPY The Target Is DOWN! SELL! My dear friends, Please, find my technical outlook for NZDJPY below: The price is coiling around a solid key level - 88.806 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 88.388 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
AUDUSD longs!!!Hello everyone My bias towards AUDUSD is looking bullish and these are my reasons on why. 1. Price started to consolidate between 14/05/25 to 23/06/25 which caused price to take out EQL'S and create a CHOCH to the upside. 2. Price has than created many more consolidation patterns followed by EQL's raids as well. 3. I am hoping price will return back to my 4hr demand zone to go long again. Looking for either market entry or buy limit not sure yet will find out as time goes by.
Long
by chiefcapitalfx
2
EUR/GBP Thief Trade: Swipe Profits Before Overbought Trap!🦹‍♂️ EUR/GBP "THE CHUNNEL HEIST" – BULLISH LOOT IN PROGRESS! 🚨💰 (Thief Trading Strategy – Escape Before the Cops Arrive!) 🎯 DEAR MARKET PIRATES & PROFIT SNATCHERS, Based on our 🔥Thief Trading Style Analysis🔥, we’re executing a bullish heist on EUR/GBP ("The Chunnel"). The vault is wide open—time to swipe the loot before the high-risk resistance police barricade (aka overbought trap) shuts us down! 📜 THE MASTER PLAN: ✔ Entry (📈): "The Bullish Vault is Unlocked!" Buy Limit Orders (15-30min TF) near recent swing lows/highs. Thief’s DCA Trick: Layer entries like a pro robber—multiple limit orders for max loot. ✔ Stop Loss (🛑): "Hide Your Stash Wisely!" SL at nearest 4H candle wick (0.86000)—adjust based on your risk appetite & lot size. Remember: A good thief always has an escape route! ✔ Target (🎯): 0.88000 (or escape earlier if the cops get suspicious!) 🔎 SCALPERS & SWING BANDITS – LISTEN UP! Scalpers: Stick to LONG-ONLY heists! Use trailing SL to protect profits. Swing Thieves: If you’re low on cash, join the slow robbery—DCA & hold! 📡 WHY THIS HEIST IS HOT: Bullish momentum in play (but BEWARE of overbought traps!). Fundamental Drivers: Check COT Reports, Macro Data, & Sentiment. 🚨 TRADING ALERT: NEWS = POLICE RAID RISK! Avoid new trades during high-impact news. Trailing SL = Your Getaway Car! Lock profits before volatility strikes. 💥 BOOST THIS HEIST – STRENGTHEN THE GANG! 👉 Smash the LIKE & BOOST button to fuel our next market robbery! 👉 Follow for more heists—profit awaits! 🚀💰 🦹‍♂️ Stay Sharp, Stay Ruthless… See You on the Next Heist!
Long
by The-Thief
USDCAD Wave Analysis – 31 July 2025 - USDCAD broke resistance zone - Likely rise to resistance level 1.3900 USDCAD currency pair recently broke the resistance zone located between the resistance level 1.3785 (upper border of the sideways price range from the start of June) and the 50% Fibonacci correction of the downward impulse from May. The breakout of this resistance zone accelerated the active impulse wave 3, which belongs to medium-term impulse wave (B) from the start of July. USDCAD currency pair can be expected to rise further to the next resistance level 1.3900 (target price for the completion of the active impulse wave 3).
Long
by FxProGlobal
Is Bitcoin dominance finally starting to crack?Is #Bitcoin dominance finally starting to crack? I think we’re getting the first real signal. 📉 After a strong run, BTC CRYPTOCAP:BTC dominance has rejected from major resistance and started to pull back. Even when adjusted for stablecoins, we’re seeing the same early signs of weakness. 📝 Historically, this kind of shift has been a precursor to capital rotation into altcoins. We might still be far from full-blown altcoin euphoria, but this could be the beginning of a transition from a BTC-led market to a broader risk-on phase, especially when the market starts pricing in a rate cut. 💡 Keep in mind: the biggest alt runs tend to come when BTC consolidates near highs while dominance fades. If this move confirms, it might be time to prepare.
CRYPTOCAP:BTC.DShort
by FeelsStrategy
1