Get started

Forex

EUR/CAD BUYERS WILL DOMINATE THE MARKET|LONG Hello, Friends! We are going long on the EUR/CAD with the target of 1.607 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1
EUR/JPY BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! We are now examining the EUR/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 168.581 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
GBP/JPY H4 | Bullish bounce offGBP/JPY is falling towards the buy entry, which is an overlap support that lines up with the 61.8% Fibonacci retracement and could bounce to the take profit. Buy entry is at 197.99, which is an overlap support that aligns with the 61.8% Fibonacci retracement. Stop loss is at 196.90, which is a swing low support. Take profit is at 199.73, which is a multi-swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
Bullish reversal off overlap support?The Cable (GBP/USD) is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance that is slightly below the 38.2% Fibonacci retracement. Pivot: 1.3159 1st Support: 1.3049 1st Resistance: 1.3321 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
Could we see a further drop for the Aussie?The price has rejected off the pivot, which has been identified as a pullback resistance and could drop to the 1st support, which acts as a swing low support. Pivot: 0.6469 1st Support: 0.6372 1st Resistance: 0.6540 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
Bullish bounce off pullback support?The Swissie (USD/CHF) is falling towards the pivot, which acts as a pullback support and could bounce to the 1st resistance, which lines up with the 161.8% Fibonacci extension. Pivot: 0.8073 1st Support: 0.7990 1st Resistance: 0.8155 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
1
Bearish reversal off overlap resistance?USD/JPY is rising towards the pivot, which has been identified as an overlap resistance and could drop to the 1st support. Pivot: 151.17 1st Support: 149.03 1st Resistance: 154.51 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
EUR/JPY Setup: Retail is 82% Short – Squeeze First, Drop After?🔹 Technical Context Price reacted with a strong bullish wick in the 169.50–170.30 demand zone, signaling clear buyer defense. The RSI bounced from weakness but remains subdued, showing limited momentum. 📍 Current price action suggests a potential retest of the 172.50–173.30 area, which aligns with a supply zone, before a possible directional decision is made. 🗓️ Seasonality Historically, August tends to be bearish for EUR/JPY: 5Y average: -0.48% 10Y average: -0.12% 15Y/20Y averages: -1.3% and -1.2% 📉 Seasonality indicates potential weakness, especially in the second half of the month. 🪙 COT Report (EURO & YEN) – July 22 EURO: Strong long accumulation by non-commercials (+6,284) and commercials (+17,575) JPY: Net decline in both longs (-1,033) and shorts (-4,096), with a drop in total open interest 🧠 The market is heavily positioned on the Euro, while Yen positioning is fading. This creates a divergence between the two currencies, favoring a short-term technical bounce on EUR/JPY, though downside risks remain in the mid-term. 📉 Sentiment 82% of retail traders are short EUR/JPY Volume: 1,564 lots short vs 352 lots long 📣 This extreme sentiment imbalance suggests a potential short-term squeeze against retail traders. 📊 Market Mood & DPO Overall mood: Neutral DPO at -9.0, Wyckoff score below 50 Momentum remains weak, but not showing a clear divergence. 🧩 Operational Summary Retest of the 172.50–173.30 supply zone Likely exhaustion in that area Ideal setup: rejection + bearish confirmation → Targets: 170.30, then 169.00
Long
by EdgeTradingJourney
1
XAUUSD prices current scenario This chart presents a range-bound price action within an ascending channel and offers two potential breakout trade opportunities depending on price direction. 🔍 Chart Summary: > Current Price: Around 3326-3328 > Pattern: Ascending channel > Bias: Neutral (waiting for breakout) 📊 Channel Analysis: > Price is moving inside an ascending channel, marked by two parallel trendlines (support and resistance). > This suggests gradual bullish pressure, but the price is still within a consolidation/ranging structure. > Buyers and sellers are currently indecisive, waiting for a clear breakout direction. 🧠 Trade Scenarios: ✅ Buy Setup: : Condition: Breakout above the upper channel resistance : Confirmation: Break and close above channel, ideally with strong bullish candles and volume : Target: 3370 (marked as TP1 for buy trade) > Reasoning: Breakout confirms buyer dominance and momentum continuation ❌ Sell Setup: : Condition: Breakdown below the lower channel support : Confirmation: Break and close below the channel with a bearish engulfing or volume spike : Target: 3300 (marked as TP for sell trade) > Reasoning: Break below structure indicates loss of buyer control and return of bearish trend ⚠️ Key Notes: : The ascending channel suggests short-term bullish strength, but no strong trend has been confirmed yet. : Avoid entering within the channel—this is a no-trade zone due to market indecision. : Wait for confirmation of breakout/breakdown before entering trades. ✅ Conclusion: > The price is currently in a rising consolidation channel. > Breakout above = buy opportunity toward 3370 > Breakdown below = sell opportunity toward 3300 This is a classic wait-for-breakout setup—ideal for breakout traders looking for defined risk and reward zones.
TVC:GOLD
by Ahmad_Fxbeast
3
Gold price analysis July 31XAUUSD – Bearish pressure still prevails, watch for SELL in the direction of the trend Yesterday's session witnessed a strong decline when the D1 candle closed with selling pressure up to 60 prices, forming a key candle that shapes the trend. When the market forms a main candle, the 25% and 50% candle body areas are often important price areas to continue trading in the direction of the main trend. In the current context, the priority strategy will be to sell in the direction of the downtrend when the price rebounds to the resistance areas and there is a rejection signal. 🔹 Important resistance areas: 3301 – 3312 – 3333 🔸 Target support areas: 3285 – 3270 – 3250 🎯 Trading strategy: Prioritize SELLing at the resistance area of 3301–3312 when there is a price reaction (rejection). Target: 3250 BUY only considered when 3313 area is broken decisively. Staying disciplined and sticking to the reaction price zone will be key in the context of the market moving in a clear trend.
OANDA:XAUUSD
by TVS-Trader
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_
XAUUSD – Downtrend Confirmed, Bears in ControlOn the H4 timeframe, gold has completely broken its short-term uptrend structure and formed a series of lower highs and lower lows. Every bounce is rejected at the strong resistance zone of 3,326 – 3,333 USD, confirming the clear downtrend. Although the recently released Core PCE index was lower than expected, this is not enough to drive a recovery as other data, such as the Employment Cost Index and statements from the Fed, still show persistent inflationary pressure. Therefore, the monetary policy remains hawkish, causing money to flow out of gold. Currently, the price is approaching the critical support zone of 3,247. If this level is broken, the scenario of further declines to 3,192 is entirely possible.
OANDA:XAUUSDShort
by Rocky_trade_
6
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
GOLD BUYGold maintains its daily gains around $3,300 After retreating markedly on Wednesday, Gold rebounds moderately and remains positive at about $3,300 per troy ounce on Thursday. The precious metal’s rebound comes in response to the daily retracement in US yields across the curve and the so far irresolute price action in the Greenback The US Federal Reserve kept its benchmark interest rate unchanged for the fifth consecutive meeting, in a range of 4.25% to 4.5%, despite intense pressure from US President Donald Trump and his allies to lower borrowing costs. The decision, however, met opposition from Fed Governors Michelle Bowman and Christopher Waller. This was the first time since 1993 that two governors had dissented on a rate decision. In the accompanying monetary policy statement, the committee had a more optimistic view and noted that the economy continued to expand at a solid pace. Adding to this, Fed Chair Jerome Powell said during the post-meeting press conference that the central bank had made no decisions about whether to cut rates in September. This comes on top of the upbeat US macro data, and lifted the US Dollar to a two-month high. Automatic Data Processing reported that private payrolls in the US rose by 104,000 jobs in July, following a revised 23,000 fall recorded in the previous month. Adding to this, the Advance US Gross Domestic Product (GDP) report published by the US Commerce Department showed that the economy expanded at a 3.0% annualized pace during the second quarter after contracting by 0.5% in the previous quarter SUPPORT 3,346 SUPPORT 3,328 SUPPORT 3,309 RESISTANCE 3,283 RESISTANCE 3,273
OANDA:XAUUSDShort
by Mark804
2
GBPUSD BUYGBP/USD rebounds from lows, back above 1.3200 GBP/USD now alternates gains with losses in the low-1.3200s, reversing an early pullback to the 1.3180 zone. Meanwhile, Cable's inconclusive tone is accompanied by some renewed selling pressuron on the the US Dollar in the wake of US data releases. Robust macroeconomic data releases from the United States (US) and the Federal Reserve's (Fed) cautious tone on policy-easing fuelled a bullish rally in the US Dollar (USD) midweek, causing GBP/USD to decline sharply. The US Bureau of Economic Analysis' (BEA) first estimate showed that the United States' (US) economy staged an impressive comeback following the 0.5% contraction seen in the first quarter. The Gross Domestic Product (GDP) grew at an annual rate of 3% in the second quarter, surpassing the market expectation of 2.4%. Additionally, ADP Employment Change came in at 104,000 in July, beating analysts' estimate of 78,000 by a wide margin. Later in the day, the Fed announced that it maintained the policy rate at the range of 4.25%-4.5% in a widely expected decision. The policy statement showed that Governor Christopher Waller and Governor Michelle Bowman dissented, preferring a 25 basis points (bps) rate cut, which was also anticipated. In the post-meeting press conference, Fed Chairman Jerome Powell refrained from confirming a rate cut at the next meeting in September, citing heathy conditions in the labor market and explaining that the current policy stance as being appropriate to guard against inflation risks. Moreover, Powell said that the policy was not holding back the economy despite being still modestly restrictive. According go the CME FedWatch Tool, the probability of a 25 basis points Fed rate cut in September dropped toward 40% from above-60% before the Fed event. In turn, US Treasury bond yields pushed higher and the USD outperformed its rivals during the American trading hours. The BEA will release Personal Consumption Expenditures (PCE) Price Index data for June on Thursday. Powell said that they expect the annual PCE inflation and Core PCE inflation to come in at 2.5% and 2.7%, respectively. Weekly Initial Jobless Claims will also be featured in the US economic calendar. Ahead of Friday's critical July employment report, investors could remain hesitant to take large positions based on this data. It's important to note that month-end flows on the last day of July could ramp up volatility toward the end of the European session and trigger irregular movements in the pair. SUPPORT 1.33727 SUPPORT 1.33128 SUPPORT 1.32590 RESISTANCE 1.3052 RESISTANCE 1.31567
Short
by Mark804
NZDJPY to find sellers at market price?NZDJPY - 24h expiry Trading has been mixed and volatile. Price action looks to be forming a top. We look for a temporary move higher. Preferred trade is to sell into rallies. Bespoke resistance is located at 88.90. We look to Sell at 88.90 (stop at 89.10) Our profit targets will be 88.10 and 87.90 Resistance: 89.00 / 89.20 / 89.50 Support: 88.40 / 88.10 / 87.90 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
ETH BREAKOUT IMMINENT?Ethereum is currently trading around $3,726, holding just above key support levels, including the 50-day SMA and the psychological $3,700 zone. Despite a minor pullback, ETH continues to show signs of bullish strength and remains in a healthy uptrend. Momentum indicators like RSI and volume show signs of recovery, and ETH is forming a bullish continuation pattern near resistance. If Ethereum can break above the $3,820–$3,850 zone, we are likely to see a quick push toward higher levels. Ethereum is showing solid strength after consolidating above $3,700. The breakout attempt toward $3,850 will be critical. If bulls push through this level with volume confirmation, a move toward $3,900 and then $4000 becomes highly probable. The market structure is constructive, and the presence of ETF-driven institutional demand adds further bullish pressure. While short-term volatility may create minor pullbacks, the medium-term setup favors upward continuation.
COINBASE:ETHUSD
by petermichalides
11