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USDCHF to continue in the upward move?USDCHF - 24h expiry Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Our short term bias remains positive. There is no clear indication that the upward move is coming to an end. Offers ample risk/reward to buy at the market. 20 4hour EMA is at 0.9000. We look to Buy at 0.9001 (stop at 0.8971) Our profit targets will be 0.9081 and 0.9091 Resistance: 0.9027 / 0.9040 / 0.9060 Support: 0.9000 / 0.8981 / 0.8960 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.
Long
by OANDA
EURUSD Channel Up targeting the 4H MA200.The EURUSD pair broke above its 4H MA50 (blue trend-line) and following a Double Bottom bounce on the Support Zone on December 18, it started a Channel Up. Having initiated that after a highly oversold 4H RSI, it shares many similarities with the November 22 Channel Up, which peaked just below the 4H MA200 (orange trend-line). This is where our current short-term Target is at 1.04900. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
Gold buy zone CAPITALCOM:GOLD Buying Zone: 2610** - **Rationale:** The 2610 zone represents a strong **support area**, where you anticipate buyer interest will outweigh selling pressure, leading to a potential price reversal or bounce. - **Confirmation Signals:** - Look for bullish candlestick patterns (e.g., hammer, bullish engulfing) or significant buying volume around 2610 on the **1-hour chart**. - Ensure that price respects this level without breaking below it significantly, confirming it as a reliable entry point. CAPITALCOM:GOLD **Target: 2634** - **Rationale:** The 2634 level is identified as a **resistance zone** or a high-probability take-profit area. This could be a previously tested resistance or a psychological level where selling pressure is expected. - **Technical Indicators:** - Monitor for potential slowing of momentum (e.g., RSI divergence or overbought conditions) as the price approaches 2634. - Watch for a failure to break 2634 on prior attempts, as this strengthens the case for a reversal or consolidation near the target. **Risk Management** - **Stop Loss:** Place your stop loss slightly below the **2610 level**, around 2605 or lower, depending on your risk tolerance, to protect against invalidation of the support zone. - **Risk-Reward Ratio:** Ensure the trade offers a favorable risk-reward ratio. For instance, if targeting a $24 move (2610 to 2634), limit your risk to around $10 (stop at 2600).
CAPITALCOM:GOLDLong
by TRADE_CENTER_1
Bearish drop off 38.2% Fibonacci resistance?The Silver (XAG/USD) 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: 29.97 1st Support: 28.00 1st Resistance: 30.95 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:XAGUSDShort
by ICmarkets
Could the price reverse from here?The Swissie (USD/CHF) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support which has been identified as an overlap support. Pivot: 0.9037 1st Support: 0.8921 1st Resistance: 0.9157 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?The Cable (GBP/USD) has reacted off the pivot which is a pullback support and could rise to the 1st resistance which has been identified as a pullback resistance. Pivot: 1.2492 1st Support: 1.2331 1st Resistance: 1.2649 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.
Long
by ICmarkets
Bearish drop off pullback resistance?The Fiber (EUR/USD) is rising towards the pivot and could drop to the 1st support which is a pullback support. Pivot: 1.0466 1st Support: 1.0333 1st Resistance: 1.0609 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
Bearish drop off overlap resistance?XAU/USD is rising towards the resistance level which is an overlap resistance and could drop from this level to our take profit. Entry: 2,632.65 Why we like it: There is an overlap resistance level. Stop loss: 2,655.19 Why we like it: There is a pullback resistance level that lines up with the 50% Fibonacci retracement. Take profit: 2,593.01 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:XAUUSDShort
by VantageMarkets
Bearish drop?USD/CHF is reacting off the resistance level which is a pullback resistance, a reversal from this level could indicate a double top pattern which might lead to a potential price drop to our take profit. Entry: 0.9020 Why we like it: There is a pullback resistance level. Stop loss: 0.9065 Why we like it: There is a resistance level at the 138.2% Fibonacci extension. Take profit: 0.8962 Why we like it: There is a pullback support level that line sup with the 50% 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
Could the price bounce from here?USD/CAD is falling towards the support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.4038 Why we like it: There is a pullback support level that lines up with the 61.8% Fibonacci retracement. Stop loss: 1.4348 Why we like it: There is a pullback support level that lines up with the 138.2% Fibonacci extension. Take profit: 1.4436 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.
Long
by VantageMarkets
Bearish drop?EUR/USD is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.04543 Why we like it: There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement. Stop loss: 1.0534 Why we like it: There is an overlap resistance level that is slightly above the 61.8% Fibonacci retracement. Take profit: 1.0352 Why we like it: There is a pullback support. 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
I recommend buying at the current price with a stop-loss order Analysis: The current price of gold is hovering around 2615.980 USD. A closer look at the 4-hour chart reveals a few key observations: Price Action: The price has been consolidating within a defined range for the past few days. The yellow line indicates my predicted future price move. Support and Resistance: I have identified several significant support and resistance levels on the chart. These levels have acted as areas of price congestion in the past and are likely to continue to influence price movement. Moving Average: The 50-period SMA (Simple Moving Average) is currently providing support to the price. Prediction: I think the price of gold is likely to remain within the current range in the near term. A break above the upper resistance level could signal a bullish breakout, while a break below the lower support level could indicate a bearish move. However, I think the price is more likely to move upwards, as indicated by the yellow line. Next Steps: I will continue to monitor the price action of gold closely and adjust my analysis as needed. I will also be paying close attention to any news or events that could impact the price of gold. Recommendation: For traders looking to capitalize on a potential upward move in the price of gold, I recommend buying at the current price with a stop-loss order placed below the lower support level. For those who are risk-averse, I recommend waiting for a clear breakout above the upper resistance level before entering a long position.
OANDA:XAUUSDLong
by Amelia9846541
4
NZD/USD LONGLong NZD/USD is supported by technical analysis based on key indicators that suggest a potential reversal or bounce in the price. On the 4-hour chart, the price is showing signs of consolidation after a long downtrend, with a favorable setup for a recovery. The Alligator moving averages are still bearish, but the price is starting to consolidate near the lower level, suggesting a possible weakening of the bearish pressure. The indicator below is showing a reversal from the oversold level (-50), with a positive bias, signaling a potential resumption of buying by the market. Support and Resistance: The support level at 0.5700 has held so far, while the target area is visible near 0.5740-0.5760, indicating a reasonable profit window. The stop loss has been placed below the recent low to manage risk. These elements suggest that the price may attempt a bounce in the short term. However, it is essential to carefully monitor the confirmation of the trend through a breakout of key levels and increasing volumes.
Long
by Andrea_Russo_SwipeUP
TRUST - Much more high to put in yetTRUST looks like a great coin that has a really nice strong, positive trajectory ahead. It's strength looks like its coming from a very strong, solid foundation from Elliot Waves with the first impulse of higher degree of trend 1 being put in. The long, slow, churn we've seen of late is very typical of an Elliot wave 4. So, it we can see a higher high that will give us confirmation that we're on the road to complete wave 5 of 1, which by all accounts is likely to match the distance travelled of 1. Good luck and follow for more.
Long
by cryptechcapital
1
GOLD FURTHER SELL OFF?! (UPDATE)I am expecting a ‘complex correction’ of the Elliott Wave Theory, to complete the correction on Gold. So a 5 Sub-Wave pattern (A,B,C,D,E). This correction should push the price down towards $2,240 roughly. We can then look to start buying Gold again at cheaper prices. At the most extreme, if the bigger institutional firms want to really shake people out of buying Gold before it creates new high’s towards $3,200+, I would not rule out the possibility of price dropping towards $1,960 as an extreme target.
OANDA:XAUUSDShort
by BA_Investments
EURUSD: 4H MA50 crossing signals new rally.EURUSD is remains bearish on its 1D technical outlook (RSI = 41.523, MACD = -0.006, ADX = 15.575) but today it crossed and closed a 4H candle over the 4H MA50 for the first time since December 10th. Along with that, it crossed above the LH trend-line, thus technically invalidating the short term bearish trend. Given the recent December 18th double bottom on the S1 Zone, the pattern that prevails is a Rectangle, thus today's breakout is technically targeting the patterns top. Consequently our target is near the R1 Zone (TP = 1.0600). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
Gold can drop to support line of wedge, breaking support levelHello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some time ago reached a resistance level, which coincided with the seller zone and broke it. After this, the price rose to 2721 points and then made an impulse down to the support level, which coincided with the support line of the wedge, breaking the resistance level. Next, Gold started to trades inside the range, where it rose to the 2665 resistance level, but then made a correction to the bottom part of the range. After this movement, the price started to grow and reached the resistance level again, and even broke it, thereby exiting from the range and continuing to move up. Price rose to the resistance line of the wedge, turned around, and quickly dropped below the resistance level, breaking it again. Later price fell to the support line of the wedge, breaking the support level, but a not long time ago it rebounded up the top resistance line, breaking the 2605 level one more time. At the moment, I think that the price can rebound from the resistance line and start to decline to the support line of the wedge pattern, breaking the support level. For this case, I set my TP at 2575 points. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
1