GBPJPY LONG SETUP 183.00GBPJPY presents a bullish setup with the price having reached a fair value gap around 183. At this point, I expect a rebound before a continuation to the upside with a target at 183.90 (a key level at H4 realized in 2015). It would be exciting if you shared your opinion. Additionally, it would be fantastic if you could leave a like to support our work. Greetings from Nicola, the CEO of Forex48 Trading Academy.
Setup
BTCUSDT Breakout Sparks Excitement for Buying OpportunityBitcoin has achieved a significant milestone by breaking and closing above the downtrend trendline, indicating a highly positive price action. Following a minor pullback, we anticipate the price to continue its ascent toward the uptrend trendline.
However, there's an intriguing aspect to consider: BTC has two potential targets, either reaching the 161.8% Fibonacci level at $31.6k or the 1061.8% Fibonacci level at $43k. Currently, we advise adopting a cautious approach, but regardless of the outcome, this presents a captivating buying opportunity for both Bitcoin and altcoins. The timeframe for this opportunity could be either short-term or mid-term. Exciting times lie ahead.
NZDUSD to extend losses?NZDUSD - 24h expiry - We look to Sell a break of 0.6150 (stop at 0.6180)
Trend line resistance is located at 0.6175.
We expect a reversal in this move.
A move through 0.6150 will confirm the bearish momentum.
Short term RSI has turned negative.
The measured move target is 0.6075.
Our profit targets will be 0.6075 and 0.6050
Resistance: 0.6175 / 0.6200 / 0.6225
Support: 0.6150 / 0.6100 / 0.6075
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CVX to find buyers at current support?Chevron Corporation - 30d expiry - We look to Buy at 150.33 (stop at 146.33)
150 continues to hold back the bears.
We look to buy dips.
149.91 has been pivotal.
149.74 has been pivotal.
This is currently an actively traded stock.
Our profit targets will be 160.33 and 162.33
Resistance: 155.00 / 157.00 / 160.77
Support: 152.00 / 149.74 / 148.00
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.
AUDUSD to stall at previous support?AUDUSD - 24h expiry
A Doji style candle has been posted from the base.
Buying pressure from 0.6667 resulted in prices rejecting the dip.
Price action looks to be forming a bottom.
Short term bias has turned negative.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
We look to Sell at 0.6750 (stop at 0.6782)
Our profit targets will be 0.6671 and 0.6651
Resistance: 0.6810 / 0.6890 / 0.7010
Support: 0.6620 / 0.6460 / 0.6380
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 advice from an independent financial adviser regarding the suitability of the investment, 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.
EURCHF to find support at previous resistance?EURCHF - 24h expiry
Bespoke support is located at 0.9755.
Previous resistance at 0.9755 now becomes support.
0.9750 continues to hold back the bears.
We look to buy dips.
Daily signals are mildly bullish.
We look to Buy at 0.9754 (stop at 0.9730)
Our profit targets will be 0.9814 and 0.9824
Resistance: 0.9780 / 0.9795 / 0.9815
Support: 0.9765 / 0.9750 / 0.9730
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 advice from an independent financial adviser regarding the suitability of the investment, 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.
✅DXY BULLISH SETUP|LONG🚀
✅DXY broke the resistance
Cluster of the falling and
Horizontal resistance lines
At around 102.515 and went
Up so we are now bullish biased
On the index and after it retested
The demand area below I think
That we will see a move up
LONG🚀
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CAD-JPY Resistance Ahead! Sell!
Hello,Traders!
CAD-JPY keeps growing
And the pair is overbought
Already so as the pair is
Headed to retest the
Horizontal resistance
At 110.4 level I think
That we will see a
Bearish correction
Sell!
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EURAUD : Short Trade , 4hHello traders, we want to check the EURAUD chart in the 4-hour time frame. The price is moving in a descending channel and towards the downward trend line, as well as the key level of 1.63300 and 1.63500, which the price has reacted to several times in the past. It has pulled back. We expect the price to maintain its downward trend and fall to the specified targets. Good luck.
EURAUD sell Entry : 1.63200
Target1 : 1.60950 , Target2 : 1.58600
EURUSD - Buy Setup PendingAwaiting 1.081 sell-side liquidity to be swept.
I anticipate bullish momentum from there with targets of Asian/London highs.
This will partially fulfil fair value gaps in the process.
DXY is currently losing bullish momentum.
This is not financial advice. Do your own due diligence!