Bullish reversal?The Cable (GBP/USD) has bounced off the pivot and could rise to the 38.2% Fibonacci resistance.
Pivot: 1.3529
1st Support: 1.3457
1st Resistance: 1.3633
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.
USD (US Dollar)
Bullish bounce off major support?EUR/ISD is falling towards the pivot which is a pullback support that lines up with the 50% Fibonacci retracement and could bounce to the 1st resistance,
Pivot: 1.1688
1st Support: 1.1548
1st Resistance: 1.1750
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 has rejected off 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: 146.50
Why we like it:
There is a pullback resistance that lines up with the 50% Fibonacci retracement.
Stop loss: 147.17
Why we like it:
There is a pullback resistance.
Take profit: 145.21
Why we like it:
There is a pullback support 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.
Bullish bounce off 50% Fibonacci support?USD/CHF is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.7950
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
Stop loss: 0.7924
Why we like it:
There is a pullback support.
Take profit: 0.7986
Why we like it:
There is a pullback resistance.
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.
AUDUSD Strong bullish momentum inside this Channel Up.The AUDUSD pair has been trading within a 3-month Channel Up pattern and on Monday almost hit its 1D MA50 (blue trend-line) and rebounded. This is the start of its new Bullish Leg.
Based on the previous ones, it should complete a +2.70% rise at least. As long as the 1D MA50 (blue trend-line) holds, we are bullish, targeting 0.66555.
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Bearish drop off pullback resistance?USD/CAD has rejected off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 1.3695
Why we like it:
There is a pullback resistance.
Stop loss: 1.3740
Why we like it:
There is a pullback resistance that lines up with the 78.6% Fibonacci retracement.
Take profit: 1.3618
Why we like it:
There is a pullback support that lines up with 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.
Bullish reversal?The Fiber (EUR/USD) is reacting off the support level which is a pullback support and could rise from this level to our take profit.
Entry: 1.1684
Why we like it:
There is a pullback support.
Stop loss: 1.1652
Why we like it:
There is a pullback support that aligns with the 161.8% Fibonacci extension.
Take profit: 1.1738
Why we like it:
There is an overlap resistance.
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.
EURUSD is Approaching an Important Support!!Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.16400 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.16400 support and resistance area.
Trade safe, Joe.
Opportunities Arise from Dollar WeaknessSince the dollar peaked in 2022, it has declined by 24%.
Such a decline may not seem significant for a stock, it’s a different story when it comes to currencies, especially a reserve currency for USD. US purchasing power has dropped by a quarter, meaning they will now have to pay 24% more for imports from EU.
However, the decline in the USD also presents opportunities in other markets.
Mirco EUR/USD Futures
Ticker: M6E
Minimum fluctuation:
0.0001 per euro = $1.25
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
EURUSD Below 1.1745 – Bearish Bias in PlayFX:EURUSD Technical Outlook
EURUSD maintains bearish momentum as long as the price remains below 1.1745, with a near-term target at 1.1684.
A confirmed breakout above 1.1745 would shift the trend to bullish, opening the path toward 1.1808 and 1.1883.
On the downside, a 1H or 4H candle close below 1.1684 would reinforce the bearish trend, likely extending losses toward 1.1627, and possibly 1.1557.
Support: 1.1684 / 1.1627 / 1.1557
Resistance: 1.1808 / 1.1883
USD/MXN Testing Downtrend Resistance – Bearish Channel Remains IThe USD/MXN pair continues to grind lower within a well-defined descending channel, marked by a series of lower highs and lower lows since April. Although the pair has shown short-term stability near 18.58 support, the broader trend remains bearish.
Price is currently testing the channel’s upper boundary near 18.70, with both the 50-day and 200-day SMAs well above current levels, reinforcing the downside bias. Any bounce is likely to face headwinds unless bulls manage to push the pair back above 19.07 and 19.49 — prior swing levels and confluence zones with moving averages.
Indicators:
MACD remains below zero, showing persistent bearish momentum despite some recent flattening.
RSI sits at 36, indicating mild oversold conditions but with no strong reversal signal yet.
Key Levels:
Support: 18.58 (recent low and channel support).
Resistance: 18.70 (channel top), followed by 19.07 and 19.49.
Conclusion:
USD/MXN remains pressured within a bearish structure. A breakout above 18.70 may trigger short-covering toward the 19.00–19.50 zone, but bears remain in control while price stays beneath key moving averages. Watch for a decisive break of either channel boundary to determine directional bias going forward.
-MW
Bitcoin can rebound up from support line of upward wedgeHello traders, I want share with you my opinion about Bitcoin. In this chart, we can see how the price dropped from the 102800 support level, which coincided with the buyer zone, and later entered to wedge upward. In this pattern, price made an impulse up from the support line of the wedge pattern and broke the 102800 support level, after making a retest, and continued to move up. Bitcoin rose to the current support level, which coincided with a support area and even entered this area, but soon turned around and fell below. Next, price rose to this area again and then made a correction movement, after which it turned around and made an impulse up to the resistance line of the wedge, breaking the 108000 level. After this movement, the price bounced from this line and fell back to the current support level, where it some time traded in the support area. Later price rebounded and continued to move up. Now, I expect that BTC can correct to support line of the wedge and then rise to the resistance line of this pattern. That's why I set my TP at the 112600 points, which coincided with this line. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Gold Eyes 3365 as Tariff Tensions Support Bullish MomentumGOLD OVERVIEW
Gold extended gains to around $3,329 amid a weaker dollar and ongoing tariff tensions, with markets reacting to new U.S. trade actions and divided Fed minutes on rate cuts.
Technical Outlook:
Gold remains bullish while above 3320.
A 1H close above 3342 opens the door to 3365.
A 1H close below 3314 will turn sentiment bearish toward 3297 and potentially 3282.
Resistance: 3330, 3342, 3365
Support: 3309, 3297, 3282
GOLD - SHORT TO $2,800 (UPDATE)I know this constant whipsaw price action on Gold, of seeing it move up & down it testing a lot of peoples patience & liquidating short term buyers & sellers who keep buying at this level with no real trading plan.
But that is how I know the market is doing its job. Flushing out the weak, retail market traders before making its big move.
Heading into pullback resistance?Ethereum (ETH/USD) is rising towards the pivot, which has been identified as a pullback resistance and could reverse to the 1st support which acts as a pullback support.
Pivot: 2,821.56
1st Support: 2,627.96
1st Resistance: 2,896.66
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.
Falling towards 50% Fibonacci supprt?The Gold (XAU/USD) is falling towards the pivot and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 3,306.96
1st Support: 3,287.36
1st Resistance: 3,342.69
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 reversal off overlap resistance?The Loonie (USD/CAD) has rejected off the pivot which has been identified as an overlap resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 1.3704
1st Support: 1.3645
1st Resistance: 1.3741
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.
Bullish bounce off major support?USD/JPY has bounced off the pivot and could rise to the pullback resistance.
Pivot: 145.92
1st Support: 145.23
1st Resistance: 147.14
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.
Could the Swissie bounce from here?The price is reacting off the pivot which acts as an overlap support and could bouncer to the 1st resistance which is slightly above the 37.2% Fibonacci retracement.
Pivot: 0.7933
1st Support: 0.7879
1st Resistance: 0.8016
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?The Kiwi (NZD/USD) is reacting off the pivot and could drop to the 1st support which is a pullback support.
Pivot: 0.6007
1st Support: 0.5946
1st Resistance: 0.6037
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.
BTCUSDT – Calm Before the BreakoutBitcoin is holding firmly above the ascending trendline, consolidating within the accumulation range of $98,000 to $117,000. The current structure suggests that buyers remain in control, especially after a strong rebound from the $98,450 support zone.
In terms of news, BTC has been slightly affected by market concerns over new U.S. tariffs. However, on-chain data still shows strong accumulation around the $108,000 level. If this base holds, BTCUSDT could break out toward the $117,424 target in the near term. Conversely, if the trendline fails, the $98,000 level will be the final stronghold for the bulls.
$GU (GBPUSD) 1HPrice has been consolidating after a previous sell-off and is now showing signs of accumulation above a defined demand zone (1.35600–1.35800).
The price has respected the ascending internal trendline, forming higher lows — an early sign of bullish intent.
Strong bullish rejection from this area confirms interest from smart money. Price tested it and immediately rebounded, signaling absorption of sell-side liquidity.
The internal ascending trendline continues to act as dynamic support. As long as price respects this trendline, bullish bias remains intact.
Multiple highs around 1.36300 remain untouched — a magnet for price.That area overlaps with an Order Block (OB), making it a high-probability target for institutional interest.
The tight consolidation before the expansion (highlighted in blue) suggests price is loading for a sharp move.
As long as price remains above the demand zone and trendline A bullish expansion toward the OB zone (1.36300–1.36400) Or A potential liquidity sweep above the highs, aligning with external liquidity targets.
RSI divergent, suggesting a bounceThe USDMXN has been in a descending channel since spring of this year, but is near channel support with a strongly divergent RSI. Since the MXN has gained about 10% against the US Dollar since the beginning of the year, however rate differentials are tightening, the appetite for MXN at current levels may be waning. It's not time to be outright bullish the USD over the MXN, but a break back above the 18.8500 level may suggest that time may be near.