Gold 1h analysis, I'm personally looking for a sellAccording to the 1h analysis, I'm personally looking for a selling opportunity from the resistance area near 2653.00 & 2656.00
Targets:- 2625.00 / 2614.00 / 2605.00
Don't place any advance orders for now. Use good bearish confirmation for the entry.
Remember one thing if the price successfully closes above 2665.00, then stay away from selling. CAPITALCOM:GOLD
Jpy
Bearish drop off overlap resistance?EUR/JPY has reacted off the resistance level which is an overlap resistance and could drop from this level to our take profit.
Entry: 162.13
Why we like it:
There is an overlap resistance level.
Stop loss: 164.38
Why we like it:
There is a pullback resistance level that aligns with the 138.2% Fibonacci extension.
Take profit: 159.34
Why we like it:
There is an overlap support level that aligns with the 50% Fibonacci retracement.
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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.
Bearish drop?AUD/JPY is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 97.63
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 98.68
Why we like it:
There is a pullback resistance level that line sup with the 50% Fibonacci retracement.
Take profit: 95.63
Why we like it:
There is a pullback support level.
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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.
USDJPY Is Nearing The 153.400 Support Along With The TrendHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 153.400 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 153.400 support and resistance area.
Trade safe, Joe.
Potential bearish drop?USD/JPY is rising towards the pivot and could rise to the 1st support which aligns with the 50% Fibonacci retracement.
Pivot: 153.97
1st Support: 152.71
1st Resistance: 154.47
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.
AUDJPY Fall? And potential Stock Market correction?Potential short idea on AUDJPY
Reasons for (potential) entry:
- COT traders are buying JPY and selling AUD fairly aggressively
- AUD cutting interest rates, JPY hiking interest rates
- AUD could be under pressure due to reliance on China, who are facing economic uncertainty
In the past, when COT traders have bought JPY as aggressively as this there's been a stock market correction after it.
Not saying it's definitely going to happen again - but JPY is seen as a 'safe-haven' currency and it's usually bought up when investors are risk-off. Stocks have been on a crazy bull run for the last year, I wouldn't be too surprised if there was some sort of correction in it soon.
Bearish drop?USD/JPY has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 154.23
Why we like it:
there is a pullback resistance level.
Stop loss: 154.98
Why we like it:
There is a pullback resistance level that lines up with the 88% Fibonacci retracement.
Take profit: 152.52
Why we like it:
There is an overlap support level that is slightly above the 38.2% Fibonacci retracement.
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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.
USD/JPY carry trade explainedCurrently, the USD/JPY pair is trading around 154.26, influenced by upcoming policy decisions from the US Federal Reserve and the Bank of Japan (BoJ). The US Fed's anticipated 25bps rate cut could potentially narrow the interest rate gap, affecting the carry trade's immediate appeal. However, the strong performance of the US economy, with robust job growth and rising inflation, might sustain the dollar's strength, keeping the carry trade attractive. Meanwhile, the BoJ's steady interest rate at 0.25% and potential for future hikes offer a contrasting backdrop, maintaining the yen's role as a low-interest currency. Global economic uncertainties and political changes in both the US and Japan could impact these dynamics, so traders should monitor central bank signals and economic data closely to navigate potential shifts in the carry trade's profitability.
Short-Term Targets for Gold After Breaching $2,650 Short-Term Targets for Gold After Breaching $2,650
1. Immediate Downside Targets:
$2,600: Minor support level; likely to be tested soon.
$2,575–$2,550: Stronger support zone; potential area for profit-taking or reversal.
$2,500: If momentum remains bearish, this could be the extended target.
1. Entry Point:
Enter a sell position $2,650
2. Profit Targets:
First Target (T1): $2,600 (close part of the position).
Second Target (T2): $2,575.
Final Target (T3): $2,550 (full exit unless trend remains strong).
3. Stop-Loss:
Place a stop-loss just above $2,660–$2,670 to protect against a false breakout or rebound.
Risk Management
Avoid over-leveraging; short-term gold movements can be volatile. CAPITALCOM:GOLD
Bearish drop off overlap resistance?EUR/JPY is reacting off the pivot which acts as an overlap resistance and could drop to the 1st support which has been identified as a pullback support.
Pivot: 162.12
1st Support: 160.34
1st Resistance: 164.02
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.
Heading into overlap resistance?AUD/JPY is rising towards the pivot which has been identified as an overlap resistance and could drop to the 1st support.
Pivot: 98.85
1st Support: 97.02
1st Resistance: 99.88
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.
Buy GBP/JPY Triangle BreakoutThe GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle.
Target Levels:
1st Resistance – 195.76
2nd Resistance – 196.50
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Potential bullish rise?GBP/JPY has reacted off the support level which is an overlap support and could rise from this level to our take profit.
Entry: 194.67
Why we like it:
There is an overlap support level.
Stop loss: 193.14
Why we like it:
There is an overlap support level.
Take profit: 197.72
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci projection.
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.
Bullish breakout?AUD/JPY has broken out of the resistance level which is an overlap resistance and could potentially rise from this level to our take profit.
Entry: 98.06
Why we like it:
There is an overlap resistance level.
Stop loss: 97.03
Why we like it:
There is an overlap support level.
Take profit: 99.45
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
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.
Bearish reversal?USD/JPY is rising towards pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as a pullback support.
Pivot: 154.85
1st Support: 151.56
1st Resistance: 157.65
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.
Heading into pullback resistance?NZD/JPY is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support.
Pivot: 90.09
1st Support: 86.65
1st Resistance: 92.32
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 drop off pullback resistance?USD/JPY is reacting off the resistance level which is a pullback resistance that is slightly below the 161.8% Fibonacci extension and could reverse from this level to our take profit.
Entry: 153.63
Why we like it:
There is a pullback resistance level that is slightly below the 161.8% Fibonacci extension.
Stop loss: 154.98
Why we like it:
There is a pullback resistance level that aligns with the 88% Fibonacci retracement.
Take profit: 151.96
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
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.
EURJPY Potential DownsidesHey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 162.300 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 162.300 support and resistance area.
Trade safe, Joe.