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USD (US Dollar)

SAFEMOON - Not so safe for the medium termIt looks as though there could be a fractal for SAFEMOON. Historiclally, we've seen rises like this but only to be dissapointed and for the trend to be reversed again. I've drawn out a blue line of what the most likely trajectory will occur. The only other alternative is that the upward trend will continue, buying action will surge and we will see a bursting through of the upper trend line and escape the channel. If it comes back within the channel momentarily, that's fine - but not if the volume dies down and we stay within. So, it doesn't look great for an investment and I wont be putting anyting into it. Follow for more.
by cryptechcapital
GOLD FURTHER SELL OFF?! (UPDATE)Gold has pushed up extremely bullish today, so far 320 PIPS. It has stayed below the last ATH of $2,790 keeping the market structure valid so far. BUT, it has surpassed the important price point of $2,780 which makes market structure very difficult to navigate right now. I'm waiting on the weekly candle closure to get a better idea of what Gold could possibly do next. The next few trading days should develop price action & make future direction more clear. Being patient right now.
OANDA:XAUUSDShort
by BA_Investments
1
USD/MXN: Is the Uptrend Breaking?Chart Analysis: USD/MXN has broken below a key ascending trendline (blue), suggesting potential weakening in the bullish momentum observed since mid-2024. 1️⃣ Key Support Breakdown: The pair closed below the ascending trendline at 20.25, signaling potential bearish pressure. The next key support lies near 20.00, a psychological level and a significant horizontal zone. 2️⃣ Moving Averages: 50-day SMA (blue): At 20.38, acting as dynamic resistance following the breakdown. 200-day SMA (red): Positioned lower at 19.05, confirming a longer-term bullish structure remains intact despite recent weakness. 3️⃣ Momentum Indicators: RSI: At 43.19, showing bearish momentum but not yet oversold. MACD: Hovering near the zero line with a slight bearish crossover, indicating waning upward momentum. What to Watch: A sustained move below 20.00 could confirm a deeper bearish correction toward the 200-day SMA. A recovery back above the trendline and 20.38 could invalidate the bearish breakout and signal a continuation of the bullish trend. USD/MXN's near-term direction hinges on its ability to either hold above 20.00 or reclaim the broken trendline for renewed bullish momentum. -MW
by FOREXcom
Euro Rises to 1-Month High as ECB Decision NearsEuro Appreciates as ECB Decision Looms The Euro has climbed to $1.05, its highest level in over a month, supported by a weaker U.S. dollar after President Trump softened his stance on universal tariffs and called for an immediate interest rate cut. EUR/USD Technical Analysis The pair is showing strong bullish momentum, having broken above the pivot level at 1.0470. Despite this, there is a chance of a short-term retest of the pivot level before the price pushes higher toward 1.0530 and 1.0605. For a bearish reversal, the price must break and sustain below 1.0437 with a 4-hour candle close. If this occurs, the next downside targets will be 1.0367 and potentially 1.0288. Trend Outlook Bullish Trend: Above 1.0469
Long
by SroshMayi
EURO - Price can exit from triangle and rise to $1.0520 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price started to decline in falling channel, where it declined from $1.0420 level to support line. Then EUR rose a little and then fell lower than $1.0260 level to support line of channel, but soon bounced up. After this, Euro broke $1.0260 level again and exited from channel, after which started to trades inside flat. In flat, price some time traded and later made an upward impulse to $1.0420 level, exiting from flat and entering to triangle. In triangle pattern, Euro made a correction to support line, but soon backed up and now trades near support area. So, in my opinion, Euro can decline to support area, exit from triangle, and then start to move up to $1.0520 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
5
USDNOK - Sell Opportunity After Support BreakOANDA:USDNOK recently broke through a significant support level, creating an opportunity for further bearish movement. The market is now retesting this level. A rejection off this area could push the price lower toward the 11.08069 level, confirming the breakout's strength. Conversely, a failure to hold resistance could indicate a continuation of the bullish trend. Traders should look for bearish confirmation signals, such as bearish engulfing candles or increasing sell volume, before entering short positions. What's your opinion on this potential short trade? Feel free to share below!
Short
by DanieIM
2
Bullish bounce?WTI Oli (XTI/USD) is falling towards pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 75.10 1st Support: 73.14 1st Resistance: 77.10 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
1
EURUSD 24 Jan 2025 W4- Intraday Analysis - EU & US PMIThis is my Intraday analysis on EURUSD for 24 Jan 2025 W4 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Nothing much changed in sentiment since Tramp inauguration, yesterday Trump ease the tone on tariffs which gave optimism in the market (Risk Off) and weakened the dollar across the board. Dovish ECB Policy Expectations: Traders are anticipating a 25 basis point rate cut at each of the next four ECB policy meetings. Economic Concerns: Subdued inflationary pressures and concerns over the Eurozone's economic outlook. US Dollar Strength: Dollar appreciates following news that President Trump intends to review tariff policies. 4H Chart Analysis 1️⃣ 🔹Swing Bullish 🔹INT Bullish 🔹Swing Continuation after BOS 2️⃣ 🔹As expected, price created a bullish BOS as per the Daily/Weekly requirement for a pullback. 🔹Price didn’t mitigate any supply after the BOS so there is a high probability that we will continue up till we reach the 4H or Daily supply to initiate a BOS pullback phase (Can’t be ruled, we always have the expectation that a pullback will start at any time after any break of structure). 🔹Price mitigated the 4H demand within the 4H bullish INT structure and currently targeting the 4H Weak INT high. 3️⃣ 🔹My expectations is set for price to continue bullish till we mitigate a 4H/Daily supply. 🔹Will be following the LTF to follow the expectation of bullish continuation while putting in consideration the probability of a bearish move for the bullish BOS pullback phase that can start anytime. 15m Chart Analysis 1️⃣ 🔹Swing Bullish 🔹INT Bullish / ii Structure Bullish 🔹Swing Continuation 2️⃣ 🔹After the Bullish BOS, price still holding bullish respecting the Bullish INT Structure. 🔹INT Structure Strong low liquidity swept and price mitigated the 4H demand zone to continue bullish. 🔹** 15m Swing is currently the 4H swing and I started mapping the ii Structure until I can reset my 15m Swing with a bigger price range. 3️⃣ 🔹Currently ii Structure is bullish and we are in continuation phase to target the Weak INT High. 🔹Expectations is that price to continue bullish and to mitigate the 4H/Daily Supply zone to maybe initiate a pullback phase.
by Amr-Sadek
Bullish bounce off pullback support?USO/USD is falling towards the support level that aligns with the 161.8% Fibonacci extension and the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 75.03 Why we like it: There is a pullback support level that aligns with the 161.8% Fibonacci extension and the 50% Fibonacci retracement. Stop loss: 73.03 Why we like it: There is an overlap support level that is slightly below the 61.8% Fibonacci retracement. Take profit: 77.44 Why we like it: There is an overlap resistance level. 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.
VANTAGE:USOUSDLong
by VantageMarkets
Heading into 61.8% Fibonacci resistance?XAG/USD is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 30.64 Why we like it: There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 30.91 Why we like it: There is a pullback resistance level. Take profit: 30.10 Why we like it: There is a pullback support level. 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.
VANTAGE:XAGUSDShort
by VantageMarkets
Potential bearish drop?USD/JPY has reacted 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: 156.59 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 158.13 Why we like it: There is a pullback resistance level. Take profit: 154.74 Why we like it: There is an overlap support level. 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.
Short
by VantageMarkets
Bearish drop?USD/CHF is reacting off the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 0.9099 Why we like it: There is an overlap resistance level that lines up with the 38.2% Fibonacci retracement. Stop loss: 0.9152 Why we like it: There is a pullback resistance level that is slightly below the 78.6% Fibonacci retracement. Take profit: 0.9008 Why we like it: There is an overlap support level that is slightly below 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.
Short
by VantageMarkets