Get started

Forex

Bullish Breakout Trade Setup for EUR/USDThis is a technical analysis chart for a currency pair (likely EUR/USD) from TradingView, showing a bullish trade setup. Analysis: Key Levels: Support: Around 1.04150 (marked as "sl" for stop loss). Resistance: Near 1.05267 (previous highs marked with red circles). Entry Zone: Just above 1.04150, suggesting a breakout. Trade Plan: Entry Point: Breakout above the previous resistance. Take Profit Targets: TP 1: First target around 1.04800. TP 2: Second target around 1.05000. Final TP: 1.05267 (previous high). Stop Loss (SL): Placed below 1.04150. Market Structure: The price is breaking above a consolidation/resistance area. Volume seems to increase, supporting the breakout. Previous highs at 1.05267 indicate strong resistance. Trading Bias: Bullish outlook, expecting a continuation upwards. Entry is aligned with a breakout strategy. Risk management is in place with a stop loss below support.
Long
by Akgoldtrader
US500 Will Go Up! Buy! Take a look at our analysis for US500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 5,973.19. Taking into consideration the structure & trend analysis, I believe that the market will reach 6,138.47 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
TRADENATION:US500Long
by SignalProvider
1
SILVER Will Move Higher! Long! Please, check our technical outlook for SILVER. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 31.462. Considering the today's price action, probabilities will be high to see a movement to 32.363. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
TVC:SILVERLong
by SignalProvider
1
AUDUSD Is Bullish! Buy! Here is our detailed technical review for AUDUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.622. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.632 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPJPY Is Very Bearish! Short! Take a look at our analysis for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 190.747. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 186.982 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
EURJPY Bullish Breakout: Targeting 300 Pips Toward 161.500EURJPY is currently trading at 157.500, having completed a falling wedge breakout and now holding above a key support level. The falling wedge is a strong bullish reversal pattern, indicating that after a period of consolidation, buyers are stepping in to drive the price higher. If this support holds, EURJPY could gain further momentum, targeting the 161.500 level for a potential 300-pip move. From a technical perspective, the breakout has already been confirmed, and price action suggests that bulls are in control. A strong hold above support, along with increased buying pressure, could push EURJPY toward its next resistance zone near 161.500. Traders should watch for bullish candlestick formations and volume confirmation to strengthen the breakout scenario. On the fundamental side, the euro’s strength against the yen is largely driven by monetary policy divergence between the European Central Bank (ECB) and the Bank of Japan (BoJ). The ECB remains relatively hawkish, while the BoJ continues its ultra-loose monetary policy, keeping the yen weak. Additionally, risk-on sentiment in global markets tends to favor EURJPY upside. In summary, EURJPY has broken out of a falling wedge and is holding above a critical support level, with bullish momentum building. If this level remains intact, the pair could see a 300-pip rally toward 161.500. Traders should monitor price action, volume, and any shifts in ECB or BoJ policy for further confirmation of the bullish trend.
Long
by AndrewsMarket-Mastery
1
EURUSDHello Traders! 👋 What are your thoughts on EURUSD? The EUR/USD pair has reached the bottom of the ascending channel after a correction, increasing the probability of a new bullish wave. A significant resistance zone is still ahead, which the price must break through to confirm further upside movement. If the resistance is broken, the next target will be the top of the channel. What do you think? Will EUR/USD break the resistance? Don’t forget to like and share your thoughts in the comments! ❤️
Long
by HAMED_AZ
2
EUR/USD: Bearish Outlook – Targeting 1.03630 & Below 📊 Market Structure & Key Levels EUR/USD is currently rejecting a key supply zone (1.0450 - 1.0480), showing strong signs of continued downside pressure. The pair is in a bearish trend, with price action confirming lower highs and lower lows, as seen in the Prime Market Terminal charts. 📉 Key Levels to Watch: Supply Zone: 1.0450 - 1.0480 (Strong resistance & liquidity zone) Demand Zone: 1.03630 - 1.03219 (Institutional liquidity target) Extended Bearish Target: 1.02687 (Deep liquidity grab area) 🔍 Trade Setup: Bearish Bias Towards Key Support Levels 📌 Entry: Sell between 1.0450 - 1.0480 🎯 TP1: 1.03630 (Liquidity Zone) 🎯 TP2: 1.03219 (Institutional Liquidity Grab) 🎯 TP3: 1.02687 (Extended Downside Target) ❌ SL: 1.05150 (Above Key Resistance) 📉 Why This Trade? (Prime Market Terminal Analysis) ✔️ Bearish Market Structure – The 1D & 4H trend remains bearish, confirming a downward trajectory. Supertrend is bearish, and price is trading below the 72 EMA & 288 EMA, showing weak bullish momentum. ✔️ Liquidity Targets Identified – Market depth analysis from Prime Market Terminal reveals a lack of strong buy orders above 1.0450, suggesting that sellers dominate. ✔️ Volume Profile Analysis – The visible range (VPVR) highlights a high-volume node at 1.03630, making it a strong area for price to seek liquidity. ✔️ Commitment of Traders (COT) Data – Institutional positioning indicates an increase in short contracts for the EUR, aligning with the bearish trend. ✔️ Order Flow & Market Depth – Prime Market Terminal shows institutional sellers stacking sell orders at 1.0450, while liquidity pools rest below 1.03630 and 1.03219, making these ideal targets for price. 📰 High-Impact News to Watch ⚠️ HICP Flash Inflation Data (EUR - March 3, 2025) – Any deviation from expectations could drive EUR volatility. ⚠️ ISM Manufacturing PMI (USD - March 3, 2025) – A stronger-than-expected report could strengthen USD and drive EUR/USD lower. ⚠️ Fed's Musalem Speech (March 3, 2025) – A hawkish stance could accelerate EUR/USD downside pressure. 📌 Final Thoughts: Follow the Trend & Manage Risk! EUR/USD remains firmly bearish, with liquidity resting below 1.03630. The confluence of institutional positioning, bearish trend confirmation, and market depth insights support a sell bias. Watch price action at key levels and manage your risk accordingly! 🔥 What’s your bias? Drop your thoughts in the comments! 🔥
Short
by LDForex_
Bullish continuation?The Loonie (USD/CAD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance that lines up wit the 61.8% Fibonacci retracement. Pivot: 1.4348 1st Support: 1.4239 1st Resistance: 1.4537 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
Heading into 61.8% Fibonacci resistance?The Aussie (AUD/USD) is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support. Pivot: 0.6313 1st Support: 0.6144 1st Resistance: 0.6401 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
Potential bullish rise?WTI Oil (XTI/USD) is falling towards the pivot and could bounce to the 1st resistance level. Pivot: 68.82 1st Support: 66.66 1st Resistance: 73.03 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.
ICMARKETS:XTIUSDLong
by ICmarkets
GBPJPY weekly analysis (Gbpjpy)Alternative (Bullish) Analysis 1. Breakout Above Resistance at 190.070 The chart suggests rejection from 190.070, but if price breaks and holds above this level, it could signal further upside momentum. Instead of a bearish move, price could consolidate above 190.165 and push toward 191.003 or higher. 2. Strong Accumulation in the Support Zone (187.800) The support area at 187.800 has already been tested multiple times, and each time, price has rebounded. This could indicate a strong demand zone, meaning buyers are stepping in aggressively. If buyers push price back to resistance and break through, a new bullish trend may emerge. 3. Liquidity Grab Below 188.000 The previous dip below 188.000 may have been a liquidity grab to stop out weak hands before a bullish reversal. If this assumption holds, price may now aim for higher highs rather than another rejection from resistance. 4. Market Structure Shift Instead of forming a lower high at resistance, a higher low formation could suggest an uptrend. If price finds support around 189.000 instead of dropping to 187.800, a bullish continuation pattern would be confirmed
Long
by Fx_Oliviaa